13301 LEGENDARY DR TX 78727
| Owner | LCP MFI MONTERRA LLC |
|---|---|
| Parcel ID | 0270030402 |
| Short ID | 820452 |
| Type | Real |
| Use Code | 08 Apartment 100+ Units |
| Valuation | Income |
| Improvement SF | 226,616 SF |
| Land SF | 853,515 SF |
| Acres | 19.594 |
| Year Built | 2013 |
| Legal | LOT 2 PARMER LANE LUXURY APARTMENTS SUBD |
| Neighborhood | 08FNW |
| Land | $8,535,146 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $8,535,146 |
| Improvement | $47,464,854 |
|---|---|
| Total Improvement | $47,464,854 |
| Market | $56,000,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $56,000,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $56,000,000 |
| Taxable Value | $56,000,000 |
|---|
Appreciation: Market value has risen +23.1% from $45,500,000 (2021) to $56,000,000 (2025), a CAGR of 5.3% over 4 years. This represents moderate, steady growth. 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 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 $1,128,056. 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 15% of market value ($8,535,146 land vs $47,464,854 improvements), about $10/SF of land. Most value sits in the improvements, so building condition, age (~13 yrs), and rent roll drive the underwriting.
Submarket Position: At $56,000,000, 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 +5.3% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $72,595,352 by 2030, with an estimated annual tax burden around $1,249,832. 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.
8 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 120,000 SF | ✗ |
| 2ND | 2nd Floor | 75,539 SF | ✓ |
| 1ST | 1st Floor | 75,539 SF | ✓ |
| 3RD | 3rd Floor | 75,538 SF | ✓ |
| MISC | Miscellaneous | 10,310 SF | ✓ |
| 601 | POOL COMM'L | 1,000 SF | ✗ |
| 031C | GARAGE DET 1ST COMM | 240 SF | ✓ |
| 132 | PLBG 5-FIXT AVG | 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% | $473,343.00 | $473,343.00 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $277,729.01 | $277,729.01 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $199,197.85 | $199,197.85 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $62,552.19 | $62,552.19 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $54,802.00 | $54,802.00 | Paid |
| Combined Rate | 2.2486% | 2.0409% | 1.8687% | 1.9244% | 2.0144% | +0.0900% | $1,067,624.05 | $1,067,624.05 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $46,100,000 | $56,000,000 | -17.7% |
| Assessed Value | $46,100,000 | $56,000,000 | -17.7% |
| Land Value | $8,535,146 | $8,535,146 | +0.0% |
| Improvement Value | $37,564,854 | $47,464,854 | -20.9% |
| Taxable Value | $46,100,000 | $56,000,000 | -17.7% |
| Total Tax 2026 = estimate |
~$928,631
Estimated
|
~$1,067,624
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $48,902,995 | $46,100,000 | -2,802,995 (-5.7%) |
| Taxable Value | $48,902,995 | $46,100,000 | -2,802,995 (-5.7%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $46,100,000 | $8,535,146 | $37,564,854 | — | $46,100,000 | $46,100,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $56,000,000 | $8,535,146 | $47,464,854 | — | $56,000,000 | $56,000,000 | ~$1,067,624 | Partial |
| 2024 | $54,200,000 | — | — | −$45,664,854 | $8,535,146 | $— | $1,079,698 | Verified |
| 2023 | $53,000,000 | — | — | −$44,464,854 | $8,535,146 | $— | $1,016,903 | Verified |
| 2022 | $44,500,000 | — | — | −$35,964,854 | $8,535,146 | $— | $1,033,134 | Verified |
| 2021 | $45,500,000 | — | — | −$38,671,883 | $6,828,117 | $— | $1,001,666 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -12.7% | -12.7% | ~100% | Not available | Partial |
| 2025 | -3.4% | -3.4% | ~100% | Not available | Partial |
| 2024 | -0.5% | -0.5% | ~100% | 1.8600% | Verified |
| 2023 | +10.0% | +10.0% | ~100% | 1.7400% | Verified |
| 2022 | +16.5% | +16.5% | ~100% | 1.9500% | Verified |
| 2021 | base year | — | ~100% | 2.2000% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +23.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -17.7% | +1.0% | +9.9% | +19.1% | 2023 | -17.7% | 2026 |
| Assessment Ratio | 100.0% | 44.3% | — | 100.0% | 2025 | 15.0% | 2021 |
| Effective Tax Rate (2025) | 1.9100% | 1.9100% | — | 1.9100% | 2025 | 1.9100% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$1,067,624 | $1,039,805 | ~$1,202,469 | $1,079,698 | 2024 | $1,001,666 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$58,983,723 | ~$58,983,723 | ~1.9558% | ~$1,153,625 | +5.3% |
| 2027 | ~$62,126,422 | ~$62,126,422 | ~1.8973% | ~$1,178,717 | +10.9% |
| 2028 | ~$65,436,566 | ~$65,436,566 | ~1.8387% | ~$1,203,208 | +16.9% |
| 2029 | ~$68,923,077 | ~$68,923,077 | ~1.7802% | ~$1,226,962 | +23.1% |
| 2030 | ~$72,595,352 | ~$72,595,352 | ~1.7216% | ~$1,249,832 | +29.6% |
| 2026 | ~$57,863,723 | ~$57,863,723 | ~2.0144% | ~$1,165,598 | +3.3% |
| 2027 | ~$59,789,473 | ~$59,789,473 | ~2.0144% | ~$1,204,390 | +6.8% |
| 2028 | ~$61,779,313 | ~$61,779,313 | ~2.0144% | ~$1,244,473 | +10.3% |
| 2029 | ~$63,835,377 | ~$63,835,377 | ~2.0144% | ~$1,285,890 | +14.0% |
| 2030 | ~$65,959,867 | ~$65,959,867 | ~2.0144% | ~$1,328,686 | +17.8% |
| 2026 | ~$60,103,723 | ~$60,103,723 | ~1.9266% | ~$1,157,936 | +7.3% |
| 2027 | ~$64,508,171 | ~$64,508,171 | ~1.8387% | ~$1,186,137 | +15.2% |
| 2028 | ~$69,235,380 | ~$69,235,380 | ~1.7509% | ~$1,212,254 | +23.6% |
| 2029 | ~$74,309,002 | ~$74,309,002 | ~1.6631% | ~$1,235,829 | +32.7% |
| 2030 | ~$79,754,423 | ~$79,754,423 | ~1.5753% | ~$1,256,348 | +42.4% |
In 2025, this property's market value of $56,000,000 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 108× 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 | $56,000,000 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $54,200,000 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $53,000,000 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $44,500,000 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $45,500,000 | $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.