13149 LEGENDARY DR TX 78727
| Owner | HIGHLINE AUSTIN PARTNERS LLC & |
|---|---|
| Parcel ID | 0270030401 |
| Short ID | 820451 |
| Type | Real |
| Use Code | 08 Apartment 100+ Units |
| Valuation | Income |
| Improvement SF | 227,800 SF |
| Land SF | 1,064,781 SF |
| Acres | 24.444 |
| Year Built | 2015 |
| Legal | LOT 3 PARMER LANE LUXURY APARTMENTS SUBD |
| Neighborhood | 08FNW |
| Land | $10,647,806 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $10,647,806 |
| Improvement | $39,692,194 |
|---|---|
| Total Improvement | $39,692,194 |
| Market | $50,340,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $50,340,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $50,340,000 |
| Taxable Value | $50,340,000 |
|---|
Appreciation: Market value has risen +12.4% from $44,800,000 (2021) to $50,340,000 (2025), a CAGR of 3.0% over 4 years. Growth has been relatively flat for this asset class. 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 $1,014,041. 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 21% of market value ($10,647,806 land vs $39,692,194 improvements), about $10/SF of land. Most value sits in the improvements, so building condition, age (~11 yrs), and rent roll drive the underwriting.
Submarket Position: At $50,340,000, 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 +3.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $58,238,101 by 2030, with an estimated annual tax burden around $1,002,652. 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 | 227,800 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% | $449,586.54 | $449,586.54 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $263,790.16 | $263,790.16 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $189,200.37 | $189,200.37 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $59,412.78 | $59,412.78 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $52,051.56 | $52,051.56 | Paid |
| Combined Rate | 2.2486% | 2.0409% | 1.8687% | 1.9244% | 2.0144% | +0.0900% | $1,014,041.41 | $1,014,041.41 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $43,600,000 | $50,340,000 | -13.4% |
| Assessed Value | $43,600,000 | $50,340,000 | -13.4% |
| Land Value | $10,647,806 | $10,647,806 | +0.0% |
| Improvement Value | $32,952,194 | $39,692,194 | -17.0% |
| Taxable Value | $43,600,000 | $50,340,000 | -13.4% |
| Total Tax 2026 = estimate |
~$878,272
Estimated
|
~$1,014,041
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $44,305,426 | $43,600,000 | -705,426 (-1.6%) |
| Taxable Value | $44,305,426 | $43,600,000 | -705,426 (-1.6%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $43,600,000 | $10,647,806 | $32,952,194 | — | $43,600,000 | $43,600,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $50,340,000 | $10,647,806 | $39,692,194 | — | $50,340,000 | $50,340,000 | ~$1,014,041 | Partial |
| 2024 | $57,300,000 | — | — | −$46,652,194 | $10,647,806 | $— | $1,050,832 | Verified |
| 2023 | $54,500,000 | — | — | −$43,852,194 | $10,647,806 | $— | $1,075,456 | Verified |
| 2022 | $44,700,000 | — | — | −$34,052,194 | $10,647,806 | $— | $1,114,830 | Verified |
| 2021 | $44,800,000 | — | — | −$36,281,755 | $8,518,245 | $— | $1,006,215 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -12.0% | -12.0% | ~100% | Not available | Partial |
| 2025 | -10.9% | -10.9% | ~100% | Not available | Partial |
| 2024 | -8.9% | -8.9% | ~100% | 1.8600% | Verified |
| 2023 | +8.7% | +8.7% | ~100% | 1.7300% | Verified |
| 2022 | +24.7% | +24.7% | ~100% | 1.9500% | Verified |
| 2021 | base year | — | ~100% | 2.2500% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +10.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -13.4% | +0.3% | +6.1% | +21.9% | 2023 | -13.4% | 2026 |
| Assessment Ratio | 100.0% | 46.8% | — | 100.0% | 2025 | 18.6% | 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 |
$1,014,041 | $1,052,275 | ~$1,009,188 | $1,114,830 | 2022 | $1,006,215 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$51,828,902 | ~$51,828,902 | ~1.9558% | ~$1,013,689 | +3.0% |
| 2027 | ~$53,361,842 | ~$53,361,842 | ~1.8973% | ~$1,012,428 | +6.0% |
| 2028 | ~$54,940,121 | ~$54,940,121 | ~1.8387% | ~$1,010,206 | +9.1% |
| 2029 | ~$56,565,080 | ~$56,565,080 | ~1.7802% | ~$1,006,966 | +12.4% |
| 2030 | ~$58,238,101 | ~$58,238,101 | ~1.7216% | ~$1,002,652 | +15.7% |
| 2026 | ~$50,822,102 | ~$50,822,102 | ~2.0144% | ~$1,023,753 | +1.0% |
| 2027 | ~$51,308,822 | ~$51,308,822 | ~2.0144% | ~$1,033,557 | +1.9% |
| 2028 | ~$51,800,202 | ~$51,800,202 | ~2.0144% | ~$1,043,455 | +2.9% |
| 2029 | ~$52,296,289 | ~$52,296,289 | ~2.0144% | ~$1,053,449 | +3.9% |
| 2030 | ~$52,797,126 | ~$52,797,126 | ~2.0144% | ~$1,063,537 | +4.9% |
| 2026 | ~$52,835,702 | ~$52,835,702 | ~1.9266% | ~$1,017,913 | +5.0% |
| 2027 | ~$55,455,134 | ~$55,455,134 | ~1.8387% | ~$1,019,675 | +10.2% |
| 2028 | ~$58,204,429 | ~$58,204,429 | ~1.7509% | ~$1,019,111 | +15.6% |
| 2029 | ~$61,090,025 | ~$61,090,025 | ~1.6631% | ~$1,015,985 | +21.4% |
| 2030 | ~$64,118,680 | ~$64,118,680 | ~1.5753% | ~$1,010,043 | +27.4% |
In 2025, this property's market value of $50,340,000 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 97× 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 | $50,340,000 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $57,300,000 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $54,500,000 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $44,700,000 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $44,800,000 | $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.