1001 S INTERSTATE HY 35 TX 78741
| Owner | APTCO RIVERVIEW LLC |
|---|---|
| Parcel ID | 0301040236 |
| Short ID | 799616 |
| Type | Real |
| Use Code | 08 Apartment 100+ Units |
| Valuation | Income |
| Improvement SF | 279,539 SF |
| Land SF | 173,758 SF |
| Acres | 3.989 |
| Year Built | 2012 |
| Legal | ABS 24 DELVALLE S ACR 4.023 PT OF LOTS 8-21 COLORADO RIVER PARK ACR 4.023 PT OF LOTS 8-21 COLORADO RIVER PARK |
| Neighborhood | 08CBD |
| Land | $13,900,640 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $13,900,640 |
| Improvement | $62,469,360 |
|---|---|
| Total Improvement | $62,469,360 |
| Market | $76,370,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $76,370,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $76,370,000 |
| Taxable Value | $76,370,000 |
|---|
| Total Due | $1,126.55 |
|---|---|
| First Delinquent | 2024 |
Appreciation: Market value has fallen -0.6% from $76,830,000 (2021) to $76,370,000 (2025), a CAGR of -0.2% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2024→2025), 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 2.0465% in 2025 (+0.0647% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $1,562,901. Austin ISD is the largest single contributor, at 45.2% 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 18% of market value ($13,900,640 land vs $62,469,360 improvements), about $80/SF of land. Most value sits in the improvements, so building condition, age (~14 yrs), and rent roll drive the underwriting.
Submarket Position: At $76,370,000, 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 -0.1% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $75,798,871 by 2030, with an estimated annual tax burden around $1,427,856. Estimated Forward figures are model projections, not certified — see the 6-Year Projection section for the low/base/high bands.
Delinquent Taxes: $1,126.55 in unpaid taxes since 2024. These become a lien on the property and transfer to the buyer at closing unless negotiated otherwise.
3 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 279,539 SF | ✓ |
| 187 | PARKING GARAGE | 110,000 SF | ✓ |
| 601 | POOL COMM'L | 937 SF | ✗ |
This parcel has unpaid taxes on record. Delinquent taxes are a lien on the property and transfer to the buyer at closing unless negotiated otherwise.
| Entity | 2021 Rate | 2022 Rate | 2023 Rate | 2024 Rate | 2025 Rate | YoY (2024→25) | Amt Due | Amt Paid | Balance |
|---|---|---|---|---|---|---|---|---|---|
| IAU Austin ISD | 1.0617% | 0.9966% | 0.8595% | 0.9505% | 0.9252% | -0.0253% | $706,575.24 | $706,575.24 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $400,191.78 | $400,191.78 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $287,032.83 | $287,032.83 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $90,134.17 | $90,134.17 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $78,966.58 | $78,966.58 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $1,562,900.60 | $1,562,900.60 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $77,720,000 | $76,370,000 | +1.8% |
| Assessed Value | $77,720,000 | $76,370,000 | +1.8% |
| Land Value | $13,900,640 | $13,900,640 | +0.0% |
| Improvement Value | $63,819,360 | $62,469,360 | +2.2% |
| Taxable Value | $77,720,000 | $76,370,000 | +1.8% |
| Total Tax 2026 = estimate |
~$1,590,528
Estimated
|
~$1,562,901
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $79,314,633 | $77,720,000 | -1,594,633 (-2.0%) |
| Taxable Value | $79,314,633 | $77,720,000 | -1,594,633 (-2.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $77,720,000 | $13,900,640 | $63,819,360 | — | $77,720,000 | $77,720,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $76,370,000 | $13,900,640 | $62,469,360 | — | $76,370,000 | $76,370,000 | ~$1,562,901 | Partial |
| 2024 | $87,000,000 | — | — | −$72,980,650 | $14,019,350 | $— | $1,574,344 | Verified |
| 2023 | $83,300,000 | — | — | −$69,280,650 | $14,019,350 | $— | $1,580,207 | Verified |
| 2022 | $72,900,000 | — | — | −$58,880,650 | $14,019,350 | $— | $1,647,884 | Verified |
| 2021 | $76,830,000 | — | — | −$62,810,650 | $14,019,350 | $— | $1,589,346 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +3.9% | +3.9% | ~100% | Not available | Partial |
| 2025 | -3.9% | -3.9% | ~100% | Not available | Partial |
| 2024 | -19.3% | -19.3% | ~100% | 1.9800% | Verified |
| 2023 | +14.5% | +14.5% | ~100% | 1.6000% | Verified |
| 2022 | +14.3% | +14.3% | ~100% | 1.9100% | Verified |
| 2021 | base year | — | ~100% | 2.0700% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +1.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +1.8% | +0.6% | -0.5% | +14.3% | 2023 | -12.2% | 2025 |
| Assessment Ratio | 100.0% | 45.1% | — | 100.0% | 2025 | 16.1% | 2024 |
| Effective Tax Rate (2025) | 2.0500% | 2.0500% | — | 2.0500% | 2025 | 2.0500% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$1,562,901 | $1,590,936 | ~$1,481,718 | $1,647,884 | 2022 | $1,562,901 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$76,255,431 | ~$76,255,431 | ~2.0139% | ~$1,535,736 | -0.2% |
| 2027 | ~$76,141,034 | ~$76,141,034 | ~1.9814% | ~$1,508,649 | -0.3% |
| 2028 | ~$76,026,808 | ~$76,026,808 | ~1.9488% | ~$1,481,640 | -0.4% |
| 2029 | ~$75,912,754 | ~$75,912,754 | ~1.9163% | ~$1,454,709 | -0.6% |
| 2030 | ~$75,798,871 | ~$75,798,871 | ~1.8837% | ~$1,427,856 | -0.7% |
| 2026 | ~$74,728,031 | ~$74,728,031 | ~2.0465% | ~$1,529,298 | -2.2% |
| 2027 | ~$73,121,365 | ~$73,121,365 | ~2.0465% | ~$1,496,418 | -4.3% |
| 2028 | ~$71,549,242 | ~$71,549,242 | ~2.0465% | ~$1,464,245 | -6.3% |
| 2029 | ~$70,010,920 | ~$70,010,920 | ~2.0465% | ~$1,432,763 | -8.3% |
| 2030 | ~$68,505,672 | ~$68,505,672 | ~2.0465% | ~$1,401,958 | -10.3% |
| 2026 | ~$77,782,831 | ~$77,782,831 | ~1.9977% | ~$1,553,838 | +1.8% |
| 2027 | ~$79,221,799 | ~$79,221,799 | ~1.9488% | ~$1,543,906 | +3.7% |
| 2028 | ~$80,687,388 | ~$80,687,388 | ~1.9000% | ~$1,533,074 | +5.7% |
| 2029 | ~$82,180,090 | ~$82,180,090 | ~1.8512% | ~$1,521,313 | +7.6% |
| 2030 | ~$83,700,406 | ~$83,700,406 | ~1.8024% | ~$1,508,592 | +9.6% |
In 2025, this property's market value of $76,370,000 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 147× 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 | $76,370,000 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $87,000,000 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $83,300,000 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $72,900,000 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $76,830,000 | $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.