12600 RIATA VISTA CIR TX 78727
| Owner | BPP ALPHABET MF RIATA LP |
|---|---|
| Parcel ID | 0268000223 |
| Short ID | 271973 |
| Type | Real |
| Use Code | 08 Apartment 100+ Units |
| Valuation | Income |
| Improvement SF | 169,746 SF |
| Land SF | 435,425 SF |
| Acres | 9.996 |
| Year Built | 2000 |
| Legal | LOT 3 MILWOOD SEC 19 |
| Neighborhood | 08FNW |
| Land | $4,354,250 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $4,354,250 |
| Improvement | $38,765,750 |
|---|---|
| Total Improvement | $38,765,750 |
| Market | $43,120,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $43,120,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $43,120,000 |
| Taxable Value | $43,120,000 |
|---|
Appreciation: Market value has risen +33.5% from $32,290,870 (2021) to $43,120,000 (2025), a CAGR of 7.5% over 4 years. This represents moderate, steady growth. 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 lagged the broader multi-family market over the same period.
Tax Burden: The combined rate across 5 taxing entities is 2.0144% in 2025 (+0.0900% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $868,603. Round Rock ISD is the largest single contributor, at 44.3% 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 10% of market value ($4,354,250 land vs $38,765,750 improvements), about $10/SF of land. Most value sits in the improvements, so building condition, age (~26 yrs), and rent roll drive the underwriting.
Submarket Position: At $43,120,000, 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 +7.5% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $61,898,127 by 2030, with an estimated annual tax burden around $1,065,664. 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.
21 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 491 | SPRINKLER HEADS | 169,746 SF | ✗ |
| SO | Sketch Only | 102,617 SF | ✗ |
| 1ST | 1st Floor | 60,274 SF | ✓ |
| 2ND | 2nd Floor | 54,736 SF | ✓ |
| 3RD | 3rd Floor | 54,736 SF | ✓ |
| 051C | CARPORT DET 1ST COMM | 30,456 SF | ✗ |
| 011C | PORCH OPEN 1ST COMM | 21,793 SF | ✗ |
| 012C | PORCH OPEN 2 COMM | 20,016 SF | ✗ |
| 013C | PORCH OPEN 3 COMM | 20,016 SF | ✗ |
| 581C | STORAGE ATT COMM | 8,443 SF | ✓ |
| 450 | SPORT COURT | 2,542 SF | ✗ |
| 612C | TERRACE UNCOVERD COMM | 2,291 SF | ✗ |
| 601 | POOL COMM'L | 1,098 SF | ✗ |
| MISC | Miscellaneous | 6 SF | ✓ |
| 132 | PLBG 5-FIXT AVG | 1 SF | ✓ |
| 142 | BATHTUB AVG | 1 SF | ✓ |
| 152 | COMMODE AVG | 1 SF | ✓ |
| 182 | SINK AVG | 1 SF | ✓ |
| 192 | WATER HTR AVG | 1 SF | ✓ |
| 522C | FIREPLACE COMM | 1 SF | ✓ |
| 539 | FENCE FV | 1 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 |
|---|---|---|---|---|---|---|---|---|---|
| IRR Round Rock ISD | 1.1336% | 1.0626% | 0.9190% | 0.8931% | 0.8931% | +0.0000% | $369,718.80 | $369,718.80 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $216,928.61 | $216,928.61 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $155,589.48 | $155,589.48 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $48,858.27 | $48,858.27 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $42,804.75 | $42,804.75 | Paid |
| Combined Rate | 2.2486% | 2.0409% | 1.8687% | 1.9244% | 2.0144% | +0.0900% | $833,899.91 | $833,899.91 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $39,885,915 | $43,120,000 | -7.5% |
| Assessed Value | $39,885,915 | $43,120,000 | -7.5% |
| Land Value | $4,354,250 | $4,354,250 | +0.0% |
| Improvement Value | $35,531,665 | $38,765,750 | -8.3% |
| Taxable Value | $39,885,915 | $43,120,000 | -7.5% |
| Total Tax 2026 = estimate |
~$803,456
Estimated
|
~$833,900
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $39,885,915 | $39,885,915 | +0 (+0.0%) |
| Taxable Value | $39,885,915 | $39,885,915 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $39,885,915 | $4,354,250 | $35,531,665 | — | $39,885,915 | $39,885,915 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $43,120,000 | $4,354,250 | $38,765,750 | — | $43,120,000 | $43,120,000 | ~$833,900 | Partial |
| 2024 | $41,176,187 | — | — | −$36,821,937 | $4,354,250 | $— | $828,974 | Verified |
| 2023 | $40,030,000 | — | — | −$35,675,750 | $4,354,250 | $— | $770,883 | Verified |
| 2022 | $— | — | — | — | $4,354,250 | $— | $778,418 | Verified |
| 2021 | $32,290,870 | — | — | −$27,936,620 | $4,354,250 | $— | $701,704 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -7.5% | -7.5% | ~100% | Not available | Partial |
| 2025 | -2.9% | -2.9% | ~100% | Not available | Partial |
| 2024 | +1.4% | +1.4% | ~100% | 1.8700% | Verified |
| 2023 | +9.4% | +9.4% | ~100% | 1.7600% | Verified |
| 2022 | +24.8% | +24.8% | ~100% | 1.9400% | Verified |
| 2021 | base year | — | ~100% | 2.1700% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +34.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -7.5% | +6.0% | +9.2% | +24.0% | 2023 | -7.5% | 2026 |
| Assessment Ratio | 100.0% | 47.0% | — | 100.0% | 2025 | 10.6% | 2024 |
| Effective Tax Rate (2025) | 1.9300% | 1.9300% | — | 1.9300% | 2025 | 1.9300% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$833,900 | $783,865 | ~$985,521 | $833,900 | 2025 | $701,704 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$46,353,070 | ~$46,353,070 | ~1.9558% | ~$906,590 | +7.5% |
| 2027 | ~$49,828,551 | ~$49,828,551 | ~1.8973% | ~$945,391 | +15.6% |
| 2028 | ~$53,564,617 | ~$53,564,617 | ~1.8387% | ~$984,914 | +24.2% |
| 2029 | ~$57,580,808 | ~$57,580,808 | ~1.7802% | ~$1,025,048 | +33.5% |
| 2030 | ~$61,898,127 | ~$61,898,127 | ~1.7216% | ~$1,065,664 | +43.5% |
| 2026 | ~$45,490,670 | ~$45,490,670 | ~2.0144% | ~$916,357 | +5.5% |
| 2027 | ~$47,991,676 | ~$47,991,676 | ~2.0144% | ~$966,737 | +11.3% |
| 2028 | ~$50,630,183 | ~$50,630,183 | ~2.0144% | ~$1,019,887 | +17.4% |
| 2029 | ~$53,413,751 | ~$53,413,751 | ~2.0144% | ~$1,075,959 | +23.9% |
| 2030 | ~$56,350,356 | ~$56,350,356 | ~2.0144% | ~$1,135,113 | +30.7% |
| 2026 | ~$47,215,470 | ~$47,215,470 | ~1.9266% | ~$909,635 | +9.5% |
| 2027 | ~$51,699,921 | ~$51,699,921 | ~1.8387% | ~$950,627 | +19.9% |
| 2028 | ~$56,610,299 | ~$56,610,299 | ~1.7509% | ~$991,199 | +31.3% |
| 2029 | ~$61,987,057 | ~$61,987,057 | ~1.6631% | ~$1,030,903 | +43.8% |
| 2030 | ~$67,874,490 | ~$67,874,490 | ~1.5753% | ~$1,069,207 | +57.4% |
In 2025, this property's market value of $43,120,000 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 83× 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 | $43,120,000 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $41,176,187 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $40,030,000 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | — | $506,618 | $615,058 | $906,429 | — | +39.1% |
| 2021 | $32,290,870 | $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.