N LAMAR BLVD TX 00000
| Owner | KELSEY HOWARD LANE APARTMENT HOMES LP |
|---|---|
| Parcel ID | 0264230301 |
| Short ID | 527939 |
| Type | Real |
| Use Code | 08 Apartment 100+ Units |
| Valuation | Income |
| Improvement SF | 346,964 SF |
| Land SF | 1,019,933 SF |
| Acres | 23.414 |
| Year Built | 2022 |
| Legal | ABS 201 SUR 61 COLLINS T C ACR 23.647 |
| Neighborhood | 1NO3 |
| Land | $3,016,998 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $3,016,998 |
| Improvement | $64,015,086 |
|---|---|
| Total Improvement | $64,015,086 |
| Market | $67,032,084 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $67,032,084 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $67,032,084 |
| Taxable Value | $67,032,084 |
|---|
Appreciation: Market value has risen +2100.4% from $3,046,412 (2021) to $67,032,084 (2025), a CAGR of 116.6% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2024→2025), 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 $1,493,599. 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 ($3,016,998 land vs $64,015,086 improvements), about $3/SF of land. Most value sits in the improvements, so building condition, age (~4 yrs), and rent roll drive the underwriting.
Submarket Position: At $67,032,084, 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 +881.7% Base-scenario CAGR (Based on 2022–2025 certified trend, projected forward from 2025), the model projects market value near $6,110,858,077,529 by 2030, with an estimated annual tax burden around $115,170,883,873. 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 | 346,964 SF | ✓ |
Market value changed by 126% in 2023, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| 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% | $741,978.14 | $741,978.14 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $351,259.52 | $351,259.52 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $251,936.74 | $251,936.74 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $79,113.28 | $79,113.28 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $69,311.17 | $69,311.17 | Paid |
| Combined Rate | 2.5030% | 2.2429% | 2.0589% | 2.1382% | 2.2282% | +0.0900% | $1,493,598.85 | $1,493,598.85 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $90,270,000 | $67,032,084 | +34.7% |
| Assessed Value | $90,270,000 | $67,032,084 | +34.7% |
| Land Value | $3,016,998 | $3,016,998 | +0.0% |
| Improvement Value | $87,253,002 | $64,015,086 | +36.3% |
| Taxable Value | $90,270,000 | $67,032,084 | +34.7% |
| Total Tax 2026 = estimate |
~$2,011,383
Estimated
|
~$1,493,599
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $97,155,300 | $90,270,000 | -6,885,300 (-7.1%) |
| Taxable Value | $97,155,300 | $90,270,000 | -6,885,300 (-7.1%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $90,270,000 | $3,016,998 | $87,253,002 | — | $90,270,000 | $90,270,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $67,032,084 | $3,016,998 | $64,015,086 | — | $67,032,084 | $67,032,084 | ~$1,493,599 | Partial |
| 2024 | $6,828,398 | — | — | −$3,811,400 | $3,016,998 | $— | $1,161,312 | Verified |
| 2023 | $— | — | — | — | $3,030,447 | $— | $140,648 | Verified |
| 2022 | $— | — | — | — | $3,030,447 | $— | $67,971 | Verified |
| 2021 | $3,046,412 | — | — | — | $3,046,412 | $— | $76,251 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +44.9% | +44.9% | ~100% | Not available | Partial |
| 2025 | +23.4% | +23.4% | ~100% | Not available | Partial |
| 2024 | +693.8% ! | +693.8% | ~100% | 2.1400% | Verified |
| 2023 | +125.8% ! | +125.8% | ~100% | 2.0600% | Verified |
| 2022 | -0.5% | -0.5% | ~100% | 2.2400% | Verified |
| 2021 | base year | — | ~100% | 2.5000% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +2100.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +34.7% | +346.8% | +831.1% | +881.7% | 2025 | +34.7% | 2026 |
| Assessment Ratio | 100.0% | 86.0% | — | 100.0% | 2021 | 44.2% | 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 |
$1,493,599 | $910,387 | ~$25,752,447,527 | $1,493,599 | 2025 | $76,251 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$658,031,398 | ~$658,031,398 | ~2.1595% | ~$14,210,099 | +881.7% |
| 2027 | ~$6,459,672,676 | ~$6,459,672,676 | ~2.0908% | ~$135,058,061 | +9536.7% |
| 2028 | ~$63,412,431,642 | ~$63,412,431,642 | ~2.0221% | ~$1,282,256,122 | +94500.1% |
| 2029 | ~$622,498,490,050 | ~$622,498,490,050 | ~1.9534% | ~$12,159,829,480 | +928557.5% |
| 2030 | ~$6,110,858,077,529 | ~$6,110,858,077,529 | ~1.8847% | ~$115,170,883,873 | +9116218.2% |
| 2026 | ~$656,690,757 | ~$656,690,757 | ~2.2282% | ~$14,632,285 | +879.7% |
| 2027 | ~$6,433,378,232 | ~$6,433,378,232 | ~2.2282% | ~$143,347,569 | +9497.5% |
| 2028 | ~$63,025,640,383 | ~$63,025,640,383 | ~2.2282% | ~$1,404,327,865 | +93923.1% |
| 2029 | ~$617,440,977,686 | ~$617,440,977,686 | ~2.2282% | ~$13,757,727,249 | +921012.6% |
| 2030 | ~$6,048,861,362,003 | ~$6,048,861,362,003 | ~2.2282% | ~$134,779,821,539 | +9023730.1% |
| 2026 | ~$659,372,040 | ~$659,372,040 | ~2.1251% | ~$14,012,561 | +883.7% |
| 2027 | ~$6,486,020,744 | ~$6,486,020,744 | ~2.0221% | ~$131,153,144 | +9576.0% |
| 2028 | ~$63,800,802,176 | ~$63,800,802,176 | ~1.9190% | ~$1,224,364,031 | +95079.5% |
| 2029 | ~$627,587,008,863 | ~$627,587,008,863 | ~1.8160% | ~$11,396,942,426 | +936148.7% |
| 2030 | ~$6,173,362,093,561 | ~$6,173,362,093,561 | ~1.7129% | ~$105,746,374,481 | +9209463.1% |
In 2025, this property's market value of $67,032,084 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 129× 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 | $67,032,084 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $6,828,398 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | — | $503,905 | $617,035 | $919,932 | — | +0.9% |
| 2022 | — | $506,618 | $615,058 | $906,429 | — | +39.1% |
| 2021 | $3,046,412 | $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.