4301 GRAND AVENUE PKWY TX 78728
| Owner | CENTENNIAL TRAVESIA LP |
|---|---|
| Parcel ID | 0280181201 |
| Short ID | 855974 |
| Type | Real |
| Use Code | 08 Apartment 100+ Units |
| Valuation | Income |
| Improvement SF | 428,011 SF |
| Land SF | 1,089,000 SF |
| Acres | 25.000 |
| Year Built | 2017 |
| Legal | LOT 1 BLK C MANSIONS AT TRAVESIA SUBD (15.88 AC IN TRAVIS CO) |
| Neighborhood | 08NO2 |
| Land | $2,178,000 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,178,000 |
| Improvement | $101,922,000 |
|---|---|
| Total Improvement | $101,922,000 |
| Market | $104,100,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $104,100,000 |
| Value Limitation Adjustment (−) (homestead cap) | −$37,476,000 |
| Net Appraised (assessed) | $66,624,000 |
| Taxable Value | $66,624,000 |
|---|
Appreciation: Market value has risen +272.7% from $27,931,620 (2021) to $104,100,000 (2025), a CAGR of 38.9% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2021→2022), 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 6 taxing entities is 1.6136% in 2025 (+0.0359% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $1,075,067. Round Rock ISD is the largest single contributor, at 55.3% of the total 2025 levy.
Assessment Gap: Assessed value ($66,624,000) is $37,476,000 below market value, suggesting potential for an upward assessment in future years.
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 2% of market value ($2,178,000 land vs $101,922,000 improvements), about $2/SF of land. Most value sits in the improvements, so building condition, age (~9 yrs), and rent roll drive the underwriting.
Submarket Position: At $104,100,000, 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 +38.9% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $539,068,538 by 2030, with an estimated annual tax burden around $1,424,336. 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 | 428,011 SF | ✓ |
| Entity | 2024 Rate | 2025 Rate | Rate Effect |
|---|---|---|---|
| Travis County | 0.3444% | 0.3758% | +20,920 |
| Travis Central Health | 0.1080% | 0.1180% | +6,698 |
| Travis County ESD #17 | 0.0370% | 0.0305% | -4,331 |
| Austin Community College | 0.1013% | 0.1034% | +1,399 |
| Travis County ESD # 02 | 0.0939% | 0.0928% | -756 |
| Round Rock ISD | 0.8931% | 0.8931% | +0 |
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% | $595,018.94 | $— | $595,018.94 |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $250,402.97 | $— | $250,402.97 |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $78,631.64 | $— | $78,631.64 |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $68,889.22 | $— | $68,889.22 |
| E02 Travis County ESD # 02 | 0.0900% | 0.0800% | 0.0773% | 0.0939% | 0.0928% | -0.0011% | $61,803.75 | $— | $61,803.75 |
| E17 Travis County ESD #17 | 0.0450% | 0.0245% | 0.0230% | 0.0370% | 0.0305% | -0.0065% | $20,320.32 | $— | $20,320.32 |
| Combined Rate | 1.8426% | 1.6827% | 1.5232% | 1.5777% | 1.6136% | +0.0359% | $1,075,066.84 | $0.00 | $1,075,066.84 |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $96,640,000 | $104,100,000 | -7.2% |
| Assessed Value | $61,849,600 | $66,624,000 | -7.2% |
| Land Value | $2,178,000 | $2,178,000 | +0.0% |
| Improvement Value | $94,462,000 | $101,922,000 | -7.3% |
| Taxable Value | $61,849,600 | $66,624,000 | -7.2% |
| HS Cap Loss | -$34,790,400 | — | |
| Total Tax 2026 = estimate |
~$998,026
Estimated
|
$1,075,067 | ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $96,640,000 | $96,640,000 | +0 (+0.0%) |
| Taxable Value | $61,849,600 | $61,849,600 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $96,640,000 | $2,178,000 | $94,462,000 | −$34,790,400 | $61,849,600 | $61,849,600 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $104,100,000 | $2,178,000 | $101,922,000 | −$37,476,000 | $66,624,000 | $66,624,000 | $1,075,067 | Verified |
| 2024 | $113,820,973 | — | — | −$112,427,053 | $1,393,920 | $— | $610,427 | Verified |
| 2023 | $103,400,000 | — | — | −$102,006,080 | $1,393,920 | $— | $616,442 | Verified |
| 2022 | $80,900,000 | — | — | −$79,506,080 | $1,393,920 | $— | $603,338 | Verified |
| 2021 | $27,931,620 | — | — | −$26,537,700 | $1,393,920 | $— | $515,576 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -7.2% | -7.2% | ~100% | Not available | Partial |
| 2025 | -4.3% | +169.1% | ~100% | 1.0300% | Verified |
| 2024 | -4.5% | -4.4% | 35.6% | 0.5600% | Verified |
| 2023 | +10.1% | +9.9% | 35.6% | 0.5400% | Verified |
| 2022 | +27.8% | -54.5% | 35.6% | 0.5800% | Verified |
| 2021 | base year | — | ~100% | 1.8500% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +28.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -7.2% | +42.4% | +41.1% | +189.6% | 2022 | -8.5% | 2025 |
| Assessment Ratio | 64.0% | 22.9% | — | 64.0% | 2025 | 1.2% | 2024 |
| Effective Tax Rate (2025) | 1.0300% | 1.0300% | — | 1.0300% | 2025 | 1.0300% | 2025 |
| Tax Amount | $1,075,067 | $684,170 | ~$1,280,568 | $1,075,067 | 2025 | $515,576 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$144,640,322 | ~$73,286,400 | ~1.5564% | ~$1,140,627 | +38.9% |
| 2027 | ~$200,968,519 | ~$80,615,040 | ~1.4992% | ~$1,208,548 | +93.1% |
| 2028 | ~$279,232,962 | ~$88,676,544 | ~1.4419% | ~$1,278,648 | +168.2% |
| 2029 | ~$387,976,422 | ~$97,544,198 | ~1.3847% | ~$1,350,682 | +272.7% |
| 2030 | ~$539,068,538 | ~$107,298,618 | ~1.3275% | ~$1,424,336 | +417.8% |
| 2026 | ~$142,558,322 | ~$73,286,400 | ~1.6136% | ~$1,182,574 | +36.9% |
| 2027 | ~$195,224,546 | ~$80,615,040 | ~1.6136% | ~$1,300,831 | +87.5% |
| 2028 | ~$267,347,586 | ~$88,676,544 | ~1.6136% | ~$1,430,914 | +156.8% |
| 2029 | ~$366,115,498 | ~$97,544,198 | ~1.6136% | ~$1,574,005 | +251.7% |
| 2030 | ~$501,371,865 | ~$107,298,618 | ~1.6136% | ~$1,731,406 | +381.6% |
| 2026 | ~$146,722,322 | ~$73,286,400 | ~1.5278% | ~$1,119,654 | +40.9% |
| 2027 | ~$206,795,772 | ~$80,615,040 | ~1.4419% | ~$1,162,407 | +98.7% |
| 2028 | ~$291,465,474 | ~$88,676,544 | ~1.3561% | ~$1,202,515 | +180.0% |
| 2029 | ~$410,802,029 | ~$97,544,198 | ~1.2702% | ~$1,239,020 | +294.6% |
| 2030 | ~$578,999,305 | ~$107,298,618 | ~1.1844% | ~$1,270,801 | +456.2% |
In 2025, this property's market value of $104,100,000 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 200× 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 | $104,100,000 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $113,820,973 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $103,400,000 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $80,900,000 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $27,931,620 | $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.