12514 ESPLANADE ST TX 78727
| Owner | HLS RESIDENTIAL LLC |
|---|---|
| Parcel ID | 0262160733 |
| Short ID | 266701 |
| Type | Real |
| Use Code | 04 Fourplex |
| Valuation | Income |
| Improvement SF | 3,898 SF |
| Land SF | 21,858 SF |
| Acres | 0.502 |
| Year Built | 1981 |
| Legal | LOT 8 * LESS S .028AC BLK A LAMPLIGHT VILLAGE SEC 5-B |
| Neighborhood | W2005 |
| Land | $84,059 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $84,059 |
| Improvement | $603,353 |
|---|---|
| Total Improvement | $603,353 |
| Market | $687,412 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $687,412 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $687,412 |
| Taxable Value | $687,412 |
|---|
Appreciation: Market value has risen +84.1% from $373,400 (2021) to $687,412 (2025), a CAGR of 16.5% over 4 years. This is strong appreciation — well above typical inflation. Growth has been fairly evenly spread across these years rather than concentrated in one jump. 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 $15,317. 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 12% of market value ($84,059 land vs $603,353 improvements), about $4/SF of land. Most value sits in the improvements, so building condition, age (~45 yrs), and rent roll drive the underwriting.
Submarket Position: At $687,412, this parcel sits in the upper-middle (50th–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 +16.5% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,474,078 by 2030, with an estimated annual tax burden around $20,865. 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.
7 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 3,898 SF | ✓ |
| 095 | HVAC RESIDENTIAL | 3,898 SF | ✗ |
| 061 | CARPORT ATT 1ST | 840 SF | ✗ |
| 011 | PORCH OPEN 1ST F | 200 SF | ✗ |
| 612 | TERRACE UNCOVERD | 186 SF | ✗ |
| 251 | BATHROOM | 8 SF | ✓ |
| 522 | FIREPLACE | 4 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% | $7,608.96 | $7,608.96 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $3,602.16 | $3,602.16 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,583.60 | $2,583.60 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $811.30 | $811.30 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $710.78 | $710.78 | Paid |
| Combined Rate | 2.5030% | 2.2429% | 2.0589% | 2.1382% | 2.2282% | +0.0900% | $15,316.80 | $15,316.80 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $592,199 | $687,412 | -13.9% |
| Assessed Value | $592,199 | $687,412 | -13.9% |
| Land Value | $84,059 | $84,059 | +0.0% |
| Improvement Value | $508,140 | $603,353 | -15.8% |
| Taxable Value | $592,199 | $687,412 | -13.9% |
| Total Tax 2026 = estimate |
~$13,195
Estimated
|
~$15,317
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $673,642 | $592,199 | -81,443 (-12.1%) |
| Taxable Value | $673,642 | $592,199 | -81,443 (-12.1%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $592,199 | $84,059 | $508,140 | — | $592,199 | $592,199 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $687,412 | $84,059 | $603,353 | — | $687,412 | $687,412 | ~$15,317 | Partial |
| 2024 | $725,000 | — | — | −$658,062 | $66,938 | $— | $16,929 | Verified |
| 2023 | $606,273 | — | — | −$539,335 | $66,938 | $— | $14,927 | Verified |
| 2022 | $539,200 | — | — | −$472,262 | $66,938 | $— | $13,598 | Verified |
| 2021 | $373,400 | — | — | −$306,462 | $66,938 | $— | $13,496 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -2.0% | -2.0% | ~100% | Not available | Partial |
| 2025 | -13.2% | -13.2% | ~100% | Not available | Partial |
| 2024 | +9.2% | +9.2% | ~100% | 2.1400% | Verified |
| 2023 | +19.6% | +19.6% | ~100% | 2.0600% | Verified |
| 2022 | +4.9% | +4.9% | ~100% | 2.2400% | Verified |
| 2021 | base year | — | ~100% | 3.6100% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +18.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -13.9% | +11.5% | +20.2% | +44.4% | 2022 | -13.9% | 2026 |
| Assessment Ratio | 100.0% | 41.8% | — | 100.0% | 2025 | 9.2% | 2024 |
| Effective Tax Rate (2025) | 2.2300% | 2.2300% | — | 2.2300% | 2025 | 2.2300% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$15,317 | $14,854 | ~$18,549 | $16,929 | 2024 | $13,496 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$800,715 | ~$756,153 | ~2.1595% | ~$16,329 | +16.5% |
| 2027 | ~$932,693 | ~$831,769 | ~2.0908% | ~$17,391 | +35.7% |
| 2028 | ~$1,086,424 | ~$914,945 | ~2.0221% | ~$18,501 | +58.0% |
| 2029 | ~$1,265,493 | ~$1,006,440 | ~1.9534% | ~$19,660 | +84.1% |
| 2030 | ~$1,474,078 | ~$1,107,084 | ~1.8847% | ~$20,865 | +114.4% |
| 2026 | ~$786,966 | ~$756,153 | ~2.2282% | ~$16,848 | +14.5% |
| 2027 | ~$900,939 | ~$831,769 | ~2.2282% | ~$18,533 | +31.1% |
| 2028 | ~$1,031,417 | ~$914,945 | ~2.2282% | ~$20,387 | +50.0% |
| 2029 | ~$1,180,793 | ~$1,006,440 | ~2.2282% | ~$22,425 | +71.8% |
| 2030 | ~$1,351,801 | ~$1,107,084 | ~2.2282% | ~$24,668 | +96.7% |
| 2026 | ~$814,463 | ~$756,153 | ~2.1251% | ~$16,069 | +18.5% |
| 2027 | ~$964,996 | ~$831,769 | ~2.0221% | ~$16,819 | +40.4% |
| 2028 | ~$1,143,352 | ~$914,945 | ~1.9190% | ~$17,558 | +66.3% |
| 2029 | ~$1,354,672 | ~$1,006,440 | ~1.8160% | ~$18,277 | +97.1% |
| 2030 | ~$1,605,049 | ~$1,107,084 | ~1.7129% | ~$18,964 | +133.5% |
In 2025, this property's market value of $687,412 places it in the 50th–75th percentile for Multi-Family properties in Travis County (12584 comparable) — +32% above 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 | $687,412 | $438,669 | $519,778 | $749,859 | ↑ Above median | -7.5% |
| 2024 | $725,000 | $467,458 | $564,615 | $848,565 | ↑ Above median | -6.3% |
| 2023 | $606,273 | $503,905 | $617,035 | $919,932 | ↓ Below median | +0.9% |
| 2022 | $539,200 | $506,618 | $615,058 | $906,429 | ↓ Below median | +39.1% |
| 2021 | $373,400 | $300,453 | $376,850 | $539,896 | ↓ Below median | 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.