3201 CENTURY PARK BLVD TX 78727
| Owner | WRPV XIII WB AUSTIN LLC |
|---|---|
| Parcel ID | 0268160726 |
| Short ID | 549351 |
| Type | Real |
| Use Code | 08 Apartment 100+ Units |
| Valuation | Income |
| Improvement SF | 262,920 SF |
| Land SF | 758,292 SF |
| Acres | 17.408 |
| Year Built | 1995 |
| Legal | LOT 1 BLK C * & LESS .092A OF LOT 2 BLK C CENTURY PARK I LOT 1 BLK B *& LOT 3 BLK C CENTURY PARK II |
| Neighborhood | 08NO2 |
| Land | $6,066,336 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $6,066,336 |
| Improvement | $41,423,664 |
|---|---|
| Total Improvement | $41,423,664 |
| Market | $47,490,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $47,490,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $47,490,000 |
| Taxable Value | $47,490,000 |
|---|
Appreciation: Market value has risen +27.9% from $37,125,000 (2021) to $47,490,000 (2025), a CAGR of 6.3% over 4 years. This represents moderate, steady growth. Most of this growth came in a single year (2022→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 $956,631. 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 13% of market value ($6,066,336 land vs $41,423,664 improvements), about $8/SF of land. Most value sits in the improvements, so building condition, age (~31 yrs), and rent roll drive the underwriting.
Submarket Position: At $47,490,000, 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 +6.3% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $64,605,844 by 2030, with an estimated annual tax burden around $1,112,282. 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.
29 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| SO | Sketch Only | 298,312 SF | ✗ |
| 491 | SPRINKLER HEADS | 262,920 SF | ✗ |
| 551 | PAVED AREA | 131,000 SF | ✗ |
| 1ST | 1st Floor | 115,590 SF | ✓ |
| 2ND | 2nd Floor | 104,160 SF | ✓ |
| 031C | GARAGE DET 1ST COMM | 70,400 SF | ✓ |
| 3RD | 3rd Floor | 43,170 SF | ✓ |
| 511 | DECK | 38,490 SF | ✗ |
| 011C | PORCH OPEN 1ST COMM | 18,036 SF | ✗ |
| 012C | PORCH OPEN 2 COMM | 17,820 SF | ✗ |
| 013C | PORCH OPEN 3 COMM | 14,100 SF | ✗ |
| 435 | FENCE IRON LF | 11,820 SF | ✗ |
| 412 | TENNIS COURT | 7,200 SF | ✗ |
| 581C | STORAGE ATT COMM | 6,480 SF | ✓ |
| 611 | TERRACE | 4,628 SF | ✗ |
| 601 | POOL COMM'L | 1,990 SF | ✗ |
| 571C | STORAGE DET COMM | 276 SF | ✓ |
| 482 | LIGHT POLES | 25 SF | ✓ |
| MISC | Miscellaneous | 4 SF | ✓ |
| 132 | PLBG 5-FIXT AVG | 1 SF | ✓ |
| 142 | BATHTUB AVG | 1 SF | ✓ |
| 152 | COMMODE AVG | 1 SF | ✓ |
| 162 | LAVATORY AVG | 1 SF | ✓ |
| 182 | SINK AVG | 1 SF | ✓ |
| 192 | WATER HTR AVG | 1 SF | ✓ |
| 212 | URINAL AVG | 1 SF | ✓ |
| 222 | FOUNTAIN WTR AVG | 1 SF | ✓ |
| 449 | SPA | 1 SF | ✗ |
| 521 | FIREPLACE | 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% | $424,133.19 | $424,133.19 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $248,855.67 | $248,855.67 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $178,488.79 | $178,488.79 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $56,049.12 | $56,049.12 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $49,104.66 | $49,104.66 | Paid |
| Combined Rate | 2.2486% | 2.0409% | 1.8687% | 1.9244% | 2.0144% | +0.0900% | $956,631.43 | $956,631.43 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $38,930,000 | $47,490,000 | -18.0% |
| Assessed Value | $38,930,000 | $47,490,000 | -18.0% |
| Land Value | $3,943,609 | $6,066,336 | -35.0% |
| Improvement Value | $34,986,391 | $41,423,664 | -15.5% |
| Taxable Value | $38,930,000 | $47,490,000 | -18.0% |
| Total Tax 2026 = estimate |
~$784,200
Estimated
|
~$956,631
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $38,930,000 | $38,930,000 | +0 (+0.0%) |
| Taxable Value | $38,930,000 | $38,930,000 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $38,930,000 | $3,943,609 | $34,986,391 | — | $38,930,000 | $38,930,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $47,490,000 | $6,066,336 | $41,423,664 | — | $47,490,000 | $47,490,000 | ~$956,631 | Partial |
| 2024 | $49,975,000 | — | — | −$43,908,664 | $6,066,336 | $— | $953,932 | Verified |
| 2023 | $48,930,000 | — | — | −$42,863,664 | $6,066,336 | $— | $938,404 | Verified |
| 2022 | $37,125,000 | — | — | −$31,058,664 | $6,066,336 | $— | $961,139 | Verified |
| 2021 | $37,125,000 | — | — | −$31,058,664 | $6,066,336 | $— | $834,785 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -18.0% | -18.0% | ~100% | Not available | Partial |
| 2025 | -4.2% | -4.2% | ~100% | Not available | Partial |
| 2024 | -9.1% | -9.1% | ~100% | 1.9200% | Verified |
| 2023 | +11.5% | +11.5% | ~100% | 1.7200% | Verified |
| 2022 | +31.8% | +31.8% | ~100% | 1.9600% | Verified |
| 2021 | base year | — | ~100% | 2.2500% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +27.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -18.0% | +2.2% | +11.0% | +31.8% | 2023 | -18.0% | 2026 |
| Assessment Ratio | 100.0% | 42.9% | — | 100.0% | 2025 | 12.1% | 2024 |
| Effective Tax Rate (2025) | 2.0100% | 2.0100% | — | 2.0100% | 2025 | 2.0100% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$956,631 | $928,978 | ~$1,050,184 | $961,139 | 2022 | $834,785 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$50,505,200 | ~$50,505,200 | ~1.9558% | ~$987,799 | +6.3% |
| 2027 | ~$53,711,839 | ~$53,711,839 | ~1.8973% | ~$1,019,068 | +13.1% |
| 2028 | ~$57,122,072 | ~$57,122,072 | ~1.8387% | ~$1,050,326 | +20.3% |
| 2029 | ~$60,748,824 | ~$60,748,824 | ~1.7802% | ~$1,081,445 | +27.9% |
| 2030 | ~$64,605,844 | ~$64,605,844 | ~1.7216% | ~$1,112,282 | +36.0% |
| 2026 | ~$49,555,400 | ~$49,555,400 | ~2.0144% | ~$998,237 | +4.3% |
| 2027 | ~$51,710,627 | ~$51,710,627 | ~2.0144% | ~$1,041,651 | +8.9% |
| 2028 | ~$53,959,588 | ~$53,959,588 | ~2.0144% | ~$1,086,954 | +13.6% |
| 2029 | ~$56,306,358 | ~$56,306,358 | ~2.0144% | ~$1,134,227 | +18.6% |
| 2030 | ~$58,755,193 | ~$58,755,193 | ~2.0144% | ~$1,183,556 | +23.7% |
| 2026 | ~$51,455,000 | ~$51,455,000 | ~1.9266% | ~$991,313 | +8.3% |
| 2027 | ~$55,751,043 | ~$55,751,043 | ~1.8387% | ~$1,025,116 | +17.4% |
| 2028 | ~$60,405,768 | ~$60,405,768 | ~1.7509% | ~$1,057,655 | +27.2% |
| 2029 | ~$65,449,122 | ~$65,449,122 | ~1.6631% | ~$1,088,480 | +37.8% |
| 2030 | ~$70,913,552 | ~$70,913,552 | ~1.5753% | ~$1,117,081 | +49.3% |
In 2025, this property's market value of $47,490,000 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 91× 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 | $47,490,000 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $49,975,000 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $48,930,000 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $37,125,000 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $37,125,000 | $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.