13401 LEGENDARY DR AUSTIN, TX 78727
| Owner | IMP REPUBLIC PLACE LLC |
|---|---|
| Parcel ID | 0270030403 |
| Short ID | 820453 |
| Type | Real |
| Use Code | 08 Apartment 100+ Units |
| Valuation | Income |
| Improvement SF | 277,022 SF |
| Land SF | 614,196 SF |
| Acres | 14.100 |
| Year Built | 2017 |
| Legal | 14.1 AC OF LOT 1 PARMER LANE LUXURY APARTMENTS SUBD |
| Neighborhood | 08FNW |
| Land | $2,456,784 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,456,784 |
| Improvement | $71,453,216 |
|---|---|
| Total Improvement | $71,453,216 |
| Market | $73,910,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $73,910,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $73,910,000 |
| Taxable Value | $73,910,000 |
|---|
Appreciation: Market value has risen +40.4% from $52,650,000 (2021) to $73,910,000 (2025), a CAGR of 8.8% over 4 years. This is strong appreciation — well above typical inflation. 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 outpaced 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 $1,488,832. 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 3% of market value ($2,456,784 land vs $71,453,216 improvements), about $4/SF of land. Most value sits in the improvements, so building condition, age (~9 yrs), and rent roll drive the underwriting.
Submarket Position: At $73,910,000, 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 +8.8% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $112,936,477 by 2030, with an estimated annual tax burden around $1,944,362. 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 | 277,022 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% | $660,090.21 | $660,090.21 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $387,300.96 | $387,300.96 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $277,787.04 | $277,787.04 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $87,230.80 | $87,230.80 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $76,422.94 | $76,422.94 | Paid |
| Combined Rate | 2.2486% | 2.0409% | 1.8687% | 1.9244% | 2.0144% | +0.0900% | $1,488,831.95 | $1,488,831.95 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $66,000,000 | $73,910,000 | -10.7% |
| Assessed Value | $66,000,000 | $73,910,000 | -10.7% |
| Land Value | $2,456,784 | $2,456,784 | +0.0% |
| Improvement Value | $63,543,216 | $71,453,216 | -11.1% |
| Taxable Value | $66,000,000 | $73,910,000 | -10.7% |
| Total Tax 2026 = estimate |
~$1,329,494
Estimated
|
~$1,488,832
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $67,614,208 | $66,000,000 | -1,614,208 (-2.4%) |
| Taxable Value | $67,614,208 | $66,000,000 | -1,614,208 (-2.4%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $66,000,000 | $2,456,784 | $63,543,216 | — | $66,000,000 | $66,000,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $73,910,000 | $2,456,784 | $71,453,216 | — | $73,910,000 | $73,910,000 | ~$1,488,832 | Partial |
| 2024 | $83,190,000 | — | — | −$80,733,216 | $2,456,784 | $— | $1,518,940 | Verified |
| 2023 | $69,940,000 | — | — | −$67,483,216 | $2,456,784 | $— | $1,321,128 | Verified |
| 2022 | $53,500,000 | — | — | −$49,814,824 | $3,685,176 | $— | $1,253,787 | Verified |
| 2021 | $52,650,000 | — | — | −$50,193,216 | $2,456,784 | $— | $1,204,551 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -8.5% | -8.5% | ~100% | Not available | Partial |
| 2025 | -6.4% | -6.4% | ~100% | Not available | Partial |
| 2024 | -5.1% | -5.1% | ~100% | 1.9200% | Verified |
| 2023 | +18.9% | +18.9% | ~100% | 1.5900% | Verified |
| 2022 | +27.2% | +27.2% | ~100% | 1.7900% | Verified |
| 2021 | base year | — | ~100% | 2.2900% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +34.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -10.7% | +5.9% | +11.5% | +30.7% | 2023 | -11.2% | 2025 |
| Assessment Ratio | 100.0% | 36.4% | — | 100.0% | 2025 | 3.0% | 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 |
$1,488,832 | $1,357,448 | ~$1,755,802 | $1,518,940 | 2024 | $1,204,551 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$80,450,623 | ~$80,450,623 | ~1.9558% | ~$1,573,483 | +8.8% |
| 2027 | ~$87,570,054 | ~$87,570,054 | ~1.8973% | ~$1,661,456 | +18.5% |
| 2028 | ~$95,319,515 | ~$95,319,515 | ~1.8387% | ~$1,752,678 | +29.0% |
| 2029 | ~$103,754,760 | ~$103,754,760 | ~1.7802% | ~$1,847,033 | +40.4% |
| 2030 | ~$112,936,477 | ~$112,936,477 | ~1.7216% | ~$1,944,362 | +52.8% |
| 2026 | ~$78,972,423 | ~$78,972,423 | ~2.0144% | ~$1,590,809 | +6.8% |
| 2027 | ~$84,381,593 | ~$84,381,593 | ~2.0144% | ~$1,699,770 | +14.2% |
| 2028 | ~$90,161,261 | ~$90,161,261 | ~2.0144% | ~$1,816,195 | +22.0% |
| 2029 | ~$96,336,804 | ~$96,336,804 | ~2.0144% | ~$1,940,594 | +30.3% |
| 2030 | ~$102,935,338 | ~$102,935,338 | ~2.0144% | ~$2,073,514 | +39.3% |
| 2026 | ~$81,928,823 | ~$81,301,000 | ~1.9266% | ~$1,566,314 | +10.8% |
| 2027 | ~$90,817,643 | ~$89,431,100 | ~1.8387% | ~$1,644,405 | +22.9% |
| 2028 | ~$100,670,850 | ~$98,374,210 | ~1.7509% | ~$1,722,451 | +36.2% |
| 2029 | ~$111,593,075 | ~$108,211,631 | ~1.6631% | ~$1,799,661 | +51.0% |
| 2030 | ~$123,700,301 | ~$119,032,794 | ~1.5753% | ~$1,875,089 | +67.4% |
In 2025, this property's market value of $73,910,000 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 142× 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 | $73,910,000 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $83,190,000 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $69,940,000 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $53,500,000 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $52,650,000 | $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.