LADY BIRD LN TX 78741
| Owner | ORACLE AMERICA INC |
|---|---|
| Parcel ID | 0303090113 |
| Short ID | 810181 |
| Type | Real |
| Use Code | 08 Apartment 100+ Units |
| Valuation | Income |
| Improvement SF | 228,591 SF |
| Land SF | 137,824 SF |
| Acres | 3.164 |
| Year Built | 2015 |
| Legal | LOT 10 LAKESHORE PHS I |
| Neighborhood | 08SE |
| Land | $9,647,669 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $9,647,669 |
| Improvement | $48,602,331 |
|---|---|
| Total Improvement | $48,602,331 |
| Market | $58,250,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $58,250,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $58,250,000 |
| Taxable Value | $58,250,000 |
|---|
Appreciation: Market value has fallen -26.0% from $78,675,339 (2021) to $58,250,000 (2025), a CAGR of -7.2% 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 $1,192,078. 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 17% of market value ($9,647,669 land vs $48,602,331 improvements), about $70/SF of land. Most value sits in the improvements, so building condition, age (~11 yrs), and rent roll drive the underwriting.
Submarket Position: At $58,250,000, 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 $40,005,303 by 2030, with an estimated annual tax burden around $753,597. 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.
7 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 187 | PARKING GARAGE | 150,000 SF | ✓ |
| 3RD | 3rd Floor | 83,584 SF | ✓ |
| 1ST | 1st Floor | 83,583 SF | ✓ |
| 551 | PAVED AREA | 80,000 SF | ✗ |
| 2ND | 2nd Floor | 61,424 SF | ✓ |
| MISC | Miscellaneous | 2,500 SF | ✓ |
| 601 | POOL COMM'L | 2,000 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% | $538,929.00 | $538,929.00 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $305,239.90 | $305,239.90 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $218,929.71 | $218,929.71 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $68,748.40 | $68,748.40 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $60,230.50 | $60,230.50 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $1,192,077.51 | $1,192,077.51 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $57,120,628 | $58,250,000 | -1.9% |
| Assessed Value | $57,120,628 | $58,250,000 | -1.9% |
| Land Value | $9,647,669 | $9,647,669 | +0.0% |
| Improvement Value | $47,472,959 | $48,602,331 | -2.3% |
| Taxable Value | $57,120,628 | $58,250,000 | -1.9% |
| Total Tax 2026 = estimate |
~$1,168,965
Estimated
|
~$1,192,078
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $57,120,628 | $57,120,628 | +0 (+0.0%) |
| Taxable Value | $57,120,628 | $57,120,628 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $57,120,628 | $9,647,669 | $47,472,959 | — | $57,120,628 | $57,120,628 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $58,250,000 | $9,647,669 | $48,602,331 | — | $58,250,000 | $58,250,000 | ~$1,192,078 | Partial |
| 2024 | $74,380,000 | — | — | −$64,732,331 | $9,647,669 | $— | $1,335,743 | Verified |
| 2023 | $74,380,000 | — | — | −$67,488,808 | $6,891,192 | $— | $1,349,327 | Verified |
| 2022 | $81,034,488 | — | — | −$74,143,296 | $6,891,192 | $— | $1,468,948 | Verified |
| 2021 | $78,675,339 | — | — | −$71,784,147 | $6,891,192 | $— | $1,763,861 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -1.9% | -1.9% | ~100% | Not available | Partial |
| 2025 | -13.6% | -13.6% | ~100% | Not available | Partial |
| 2024 | -13.6% | -13.6% | ~100% | 1.9800% | Verified |
| 2023 | +4.9% | +4.9% | ~100% | 1.7300% | Verified |
| 2022 | -8.2% | -8.2% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.2400% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -28.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -1.9% | -5.8% | -6.9% | +3.0% | 2022 | -21.7% | 2025 |
| Assessment Ratio | 100.0% | 39.9% | — | 100.0% | 2025 | 8.5% | 2022 |
| 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 |
$1,192,078 | $1,421,991 | ~$913,483 | $1,763,861 | 2021 | $1,192,078 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$54,033,146 | ~$54,033,146 | ~2.0139% | ~$1,088,193 | -7.2% |
| 2027 | ~$50,121,560 | ~$50,121,560 | ~1.9814% | ~$993,103 | -14.0% |
| 2028 | ~$46,493,143 | ~$46,493,143 | ~1.9488% | ~$906,077 | -20.2% |
| 2029 | ~$43,127,396 | ~$43,127,396 | ~1.9163% | ~$826,446 | -26.0% |
| 2030 | ~$40,005,303 | ~$40,005,303 | ~1.8837% | ~$753,597 | -31.3% |
| 2026 | ~$55,337,500 | ~$55,337,500 | ~2.0465% | ~$1,132,474 | -5.0% |
| 2027 | ~$52,570,625 | ~$52,570,625 | ~2.0465% | ~$1,075,850 | -9.8% |
| 2028 | ~$49,942,094 | ~$49,942,094 | ~2.0465% | ~$1,022,057 | -14.3% |
| 2029 | ~$47,444,989 | ~$47,444,989 | ~2.0465% | ~$970,955 | -18.5% |
| 2030 | ~$45,072,740 | ~$45,072,740 | ~2.0465% | ~$922,407 | -22.6% |
| 2026 | ~$55,198,146 | ~$55,198,146 | ~1.9977% | ~$1,102,673 | -5.2% |
| 2027 | ~$52,306,186 | ~$52,306,186 | ~1.9488% | ~$1,019,364 | -10.2% |
| 2028 | ~$49,565,743 | ~$49,565,743 | ~1.9000% | ~$941,757 | -14.9% |
| 2029 | ~$46,968,878 | ~$46,968,878 | ~1.8512% | ~$869,485 | -19.4% |
| 2030 | ~$44,508,068 | ~$44,508,068 | ~1.8024% | ~$802,201 | -23.6% |
In 2025, this property's market value of $58,250,000 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 112× 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 | $58,250,000 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $74,380,000 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $74,380,000 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $81,034,488 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $78,675,339 | $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.