13301 CENTER LAKE DR TX 78753
| Owner | FSC CANYON RIDGE AUSTIN WATERS ASSOCIATES LLC |
|---|---|
| Parcel ID | 0260260401 |
| Short ID | 779109 |
| Type | Real |
| Use Code | 08 Apartment 100+ Units |
| Valuation | Income |
| Improvement SF | 259,511 SF |
| Land SF | 594,725 SF |
| Acres | 13.653 |
| Year Built | 2019 |
| Legal | LOT 4-A, 6-A BLK A TECH.RIDGE SEC 1 |
| Neighborhood | 08NE1 |
| Land | $2,973,623 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,973,623 |
| Improvement | $62,546,377 |
|---|---|
| Total Improvement | $62,546,377 |
| Market | $65,520,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $65,520,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $65,520,000 |
| Taxable Value | $65,520,000 |
|---|
Appreciation: Market value has risen +2103.4% from $2,973,623 (2021) to $65,520,000 (2025), a CAGR of 116.7% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2021→2023), not a steady climb — worth checking what drove that reappraisal rather than assuming a smooth trend. Over the same span, the median Multi-Family parcel countywide rose +37.9%, so this parcel has outpaced the broader multi-family market over the same period.
Tax Burden: The combined rate across 5 taxing entities is 2.2282% in 2025 (+0.0900% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $1,459,907. Pflugerville ISD is the largest single contributor, at 49.7% of the total 2025 levy.
Asset Class: Multi-family residential. This is valued using the income approach, so changes in rent roll or occupancy move the appraisal more directly than they would for a cost-approach property.
Value Composition: Land carries 5% of market value ($2,973,623 land vs $62,546,377 improvements), about $5/SF of land. Most value sits in the improvements, so building condition, age (~7 yrs), and rent roll drive the underwriting.
Submarket Position: At $65,520,000, this parcel sits in the top quartile (≥75th percentile) of Multi-Family property in Travis County — county median $519,778 (P25 $438,669 / P75 $749,859, n=12,584). Multi-Family here is the broad TCAD category — every multi-family property countywide, any size or use — not a use-code-specific peer group. See the Peer Set and the Where This Property Stands benchmark below, which narrows to this property's actual use code, for parcel-level comparables.
Forward Outlook: Holding the +116.7% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $3,127,763,200 by 2030, with an estimated annual tax burden around $58,948,718. Estimated Forward figures are model projections, not certified — see the 6-Year Projection section for the low/base/high bands.
No delinquent taxes on record.
1 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 259,511 SF | ✓ |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Entity | 2021 Rate | 2022 Rate | 2023 Rate | 2024 Rate | 2025 Rate | YoY (2024→25) | Amt Due | Amt Paid | Balance |
|---|---|---|---|---|---|---|---|---|---|
| IPF Pflugerville ISD | 1.3880% | 1.2646% | 1.1092% | 1.1069% | 1.1069% | +0.0000% | $664,140.00 | $664,140.00 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $314,410.20 | $314,410.20 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $225,507.00 | $225,507.00 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $70,813.80 | $70,813.80 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $62,040.00 | $62,040.00 | Paid |
| Combined Rate | 2.5030% | 2.2429% | 2.0589% | 2.1382% | 2.2282% | +0.0900% | $1,336,911.00 | $1,336,911.00 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $58,690,000 | $65,520,000 | -10.4% |
| Assessed Value | $58,690,000 | $65,520,000 | -10.4% |
| Land Value | $2,973,623 | $2,973,623 | +0.0% |
| Improvement Value | $55,716,377 | $62,546,377 | -10.9% |
| Taxable Value | $58,690,000 | $65,520,000 | -10.4% |
| Total Tax 2026 = estimate |
~$1,307,722
Estimated
|
~$1,336,911
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $62,209,802 | $58,690,000 | -3,519,802 (-5.7%) |
| Taxable Value | $62,209,802 | $58,690,000 | -3,519,802 (-5.7%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $58,690,000 | $2,973,623 | $55,716,377 | — | $58,690,000 | $58,690,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $65,520,000 | $2,973,623 | $62,546,377 | — | $65,520,000 | $65,520,000 | ~$1,336,911 | Partial |
| 2024 | $70,830,000 | — | — | −$67,856,377 | $2,973,623 | $— | $1,287,234 | Verified |
| 2023 | $65,031,262 | — | — | −$62,057,639 | $2,973,623 | $— | $1,458,352 | Verified |
| 2022 | $— | — | — | — | $2,973,623 | $— | $1,458,601 | Verified |
| 2021 | $2,973,623 | — | — | — | $2,973,623 | $— | $1,173,312 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -5.1% | -5.1% | ~100% | Not available | Partial |
| 2025 | -3.9% | -3.9% | ~100% | Not available | Partial |
| 2024 | -6.3% | -6.3% | ~100% | 1.8900% | Verified |
| 2023 | +11.9% | +11.9% | ~100% | 2.0000% | Verified |
| 2022 | +33.7% | +33.7% | ~100% | 2.2400% | Verified |
| 2021 | base year | — | ~100% | 39.4600% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +34.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -10.4% | +519.5% | +121.7% | +2086.9% | 2023 | -10.4% | 2026 |
| Assessment Ratio | 100.0% | 61.8% | — | 100.0% | 2021 | 4.2% | 2024 |
| Effective Tax Rate (2025) | 2.0400% | 2.0400% | — | 2.0400% | 2025 | 2.0400% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$1,336,911 | $1,313,952 | ~$22,023,673 | $1,458,352 | 2023 | $1,173,312 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$141,953,428 | ~$141,953,428 | ~2.1595% | ~$3,065,465 | +116.7% |
| 2027 | ~$307,551,521 | ~$307,551,521 | ~2.0908% | ~$6,430,250 | +369.4% |
| 2028 | ~$666,330,780 | ~$666,330,780 | ~2.0221% | ~$13,473,805 | +917.0% |
| 2029 | ~$1,443,649,851 | ~$1,443,649,851 | ~1.9534% | ~$28,200,126 | +2103.4% |
| 2030 | ~$3,127,763,200 | ~$3,127,763,200 | ~1.8847% | ~$58,948,718 | +4673.8% |
| 2026 | ~$140,643,028 | ~$140,643,028 | ~2.2282% | ~$3,133,787 | +114.7% |
| 2027 | ~$301,899,592 | ~$301,899,592 | ~2.2282% | ~$6,726,881 | +360.8% |
| 2028 | ~$648,047,508 | ~$648,047,508 | ~2.2282% | ~$14,439,697 | +889.1% |
| 2029 | ~$1,391,076,980 | ~$1,391,076,980 | ~2.2282% | ~$30,995,769 | +2023.1% |
| 2030 | ~$2,986,039,048 | ~$2,986,039,048 | ~2.2282% | ~$66,534,474 | +4457.4% |
| 2026 | ~$143,263,828 | ~$143,263,828 | ~2.1251% | ~$3,044,553 | +118.7% |
| 2027 | ~$313,255,866 | ~$313,255,866 | ~2.0221% | ~$6,334,314 | +378.1% |
| 2028 | ~$684,954,739 | ~$684,954,739 | ~1.9190% | ~$13,144,567 | +945.4% |
| 2029 | ~$1,497,698,990 | ~$1,497,698,990 | ~1.8160% | ~$27,198,124 | +2185.9% |
| 2030 | ~$3,274,818,226 | ~$3,274,818,226 | ~1.7129% | ~$56,095,876 | +4898.2% |
In 2025, this property's market value of $65,520,000 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 126× the county median of $519,778. Multi-Family here is the broad TCAD category — every multi-family property countywide, any size or use — not a use-code-specific peer group. Use the Use Code filter above to narrow to this property's actual type.
| Year | This Property | Bottom 25% | Median | Top 25% | Position | Group YoY |
|---|---|---|---|---|---|---|
| 2025 | $65,520,000 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $70,830,000 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $65,031,262 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | — | $506,618 | $615,058 | $906,429 | — | +39.1% |
| 2021 | $2,973,623 | $300,453 | $376,850 | $539,896 | ↑ Top 25% | base yr |
Estimate only. The appraisal district sets value as of Jan 1 (not at sale price). A sale is strong evidence of market value and is typically reflected in the next Jan 1 valuation. Taxing units set rates annually. Modeled from government data — not a legal or tax opinion.