1505 SUNNYVALE ST TX 78741
| Owner | CARLTON GARDENS LLC |
|---|---|
| Parcel ID | 0303050511 |
| Short ID | 284935 |
| Type | Real |
| Use Code | 06 Apartment 26–49 Units |
| Valuation | Income |
| Improvement SF | 30,366 SF |
| Land SF | 51,749 SF |
| Acres | 1.188 |
| Year Built | 1963 |
| Legal | LOT 3 * & PT LT 4 & 369SQ FT ELMHURST LOT 2-4 * & PT LT 1 & N 70'OF LOT 5-6 BLK 9 *PLUS ADJ PT ST BELLVUE PARK |
| Neighborhood | 06SE |
| Land | $4,139,942 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $4,139,942 |
| Improvement | $570,058 |
|---|---|
| Total Improvement | $570,058 |
| Market | $4,710,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $4,710,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $4,710,000 |
| Taxable Value | $4,710,000 |
|---|
Appreciation: Market value has risen +32.3% from $3,560,639 (2021) to $4,710,000 (2025), a CAGR of 7.2% 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 2.0465% in 2025 (+0.0647% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $96,389. 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 88% of market value ($4,139,942 land vs $570,058 improvements), about $80/SF of land. With value concentrated in the land under a ~63-year-old structure, this reads as a land-dominated asset — the classic higher-and-best-use / redevelopment signal. Underwrite the dirt, not the building.
Submarket Position: At $4,710,000, 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 +7.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $6,681,702 by 2030, with an estimated annual tax burden around $125,866. 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.
14 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| SO | Sketch Only | 71,088 SF | ✗ |
| 1ST | 1st Floor | 15,183 SF | ✓ |
| 2ND | 2nd Floor | 15,183 SF | ✓ |
| 551 | PAVED AREA | 10,940 SF | ✗ |
| 591 | MASONRY TRIM SF | 6,000 SF | ✗ |
| 012C | PORCH OPEN 2 COMM | 4,684 SF | ✗ |
| 011C | PORCH OPEN 1ST COMM | 3,962 SF | ✗ |
| 511 | DECK | 640 SF | ✗ |
| 581C | STORAGE ATT COMM | 544 SF | ✓ |
| 601 | POOL COMM'L | 526 SF | ✗ |
| 541 | FENCE COMM LF | 450 SF | ✗ |
| MISC | Miscellaneous | 4 SF | ✓ |
| 131 | PLBG 5-FIXT INF | 1 SF | ✓ |
| 303 | STAIRWAYS FV | 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 |
|---|---|---|---|---|---|---|---|---|---|
| IAU Austin ISD | 1.0617% | 0.9966% | 0.8595% | 0.9505% | 0.9252% | -0.0253% | $43,576.92 | $43,576.92 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $24,681.20 | $24,681.20 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $17,702.30 | $17,702.30 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $5,558.88 | $5,558.88 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $4,870.14 | $4,870.14 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $96,389.44 | $96,389.44 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $4,730,000 | $4,710,000 | +0.4% |
| Assessed Value | $4,730,000 | $4,710,000 | +0.4% |
| Land Value | $4,139,942 | $4,139,942 | +0.0% |
| Improvement Value | $590,058 | $570,058 | +3.5% |
| Taxable Value | $4,730,000 | $4,710,000 | +0.4% |
| Total Tax 2026 = estimate |
~$96,799
Estimated
|
~$96,389
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $5,314,050 | $4,730,000 | -584,050 (-11.0%) |
| Taxable Value | $5,314,050 | $4,730,000 | -584,050 (-11.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $4,730,000 | $4,139,942 | $590,058 | — | $4,730,000 | $4,730,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $4,710,000 | $4,139,942 | $570,058 | — | $4,710,000 | $4,710,000 | ~$96,389 | Partial |
| 2024 | $4,251,240 | — | — | −$111,298 | $4,139,942 | $— | $90,270 | Verified |
| 2023 | $4,021,626 | — | — | −$2,469,148 | $1,552,478 | $— | $76,915 | Verified |
| 2022 | $3,560,639 | — | — | −$2,020,139 | $1,540,500 | $— | $79,424 | Verified |
| 2021 | $3,560,639 | — | — | −$2,276,889 | $1,283,750 | $— | $77,504 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +12.8% | +12.8% | ~100% | Not available | Partial |
| 2025 | +3.4% | +3.4% | ~100% | Not available | Partial |
| 2024 | +7.1% | +7.1% | ~100% | 1.9800% | Verified |
| 2023 | +5.7% | +5.7% | ~100% | 1.8100% | Verified |
| 2022 | +12.9% | +12.9% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +32.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.4% | +6.0% | +7.2% | +12.9% | 2023 | +0.0% | 2022 |
| Assessment Ratio | 100.0% | 69.2% | — | 100.0% | 2025 | 36.1% | 2021 |
| 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 |
$96,389 | $84,100 | ~$113,508 | $96,389 | 2025 | $76,915 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$5,051,195 | ~$5,051,195 | ~2.0139% | ~$101,728 | +7.2% |
| 2027 | ~$5,417,107 | ~$5,417,107 | ~1.9814% | ~$107,334 | +15.0% |
| 2028 | ~$5,809,525 | ~$5,809,525 | ~1.9488% | ~$113,218 | +23.3% |
| 2029 | ~$6,230,370 | ~$6,230,370 | ~1.9163% | ~$119,392 | +32.3% |
| 2030 | ~$6,681,702 | ~$6,681,702 | ~1.8837% | ~$125,866 | +41.9% |
| 2026 | ~$4,956,995 | ~$4,956,995 | ~2.0465% | ~$101,444 | +5.2% |
| 2027 | ~$5,216,943 | ~$5,216,943 | ~2.0465% | ~$106,764 | +10.8% |
| 2028 | ~$5,490,522 | ~$5,490,522 | ~2.0465% | ~$112,363 | +16.6% |
| 2029 | ~$5,778,449 | ~$5,778,449 | ~2.0465% | ~$118,255 | +22.7% |
| 2030 | ~$6,081,474 | ~$6,081,474 | ~2.0465% | ~$124,456 | +29.1% |
| 2026 | ~$5,145,395 | ~$5,145,395 | ~1.9977% | ~$102,788 | +9.2% |
| 2027 | ~$5,621,038 | ~$5,621,038 | ~1.9488% | ~$109,545 | +19.3% |
| 2028 | ~$6,140,651 | ~$6,140,651 | ~1.9000% | ~$116,673 | +30.4% |
| 2029 | ~$6,708,296 | ~$6,708,296 | ~1.8512% | ~$124,184 | +42.4% |
| 2030 | ~$7,328,415 | ~$7,328,415 | ~1.8024% | ~$132,085 | +55.6% |
In 2025, this property's market value of $4,710,000 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 9× 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 | $4,710,000 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $4,251,240 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $4,021,626 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $3,560,639 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $3,560,639 | $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.