4600 ELMONT DR TX 78741
| Owner | BPN RIVERSIDE LLC |
|---|---|
| Parcel ID | 0307110135 |
| Short ID | 483166 |
| Type | Real |
| Use Code | 08 Apartment 100+ Units |
| Valuation | Income |
| Improvement SF | 252,672 SF |
| Land SF | 990,425 SF |
| Acres | 22.737 |
| Year Built | 2000 |
| Legal | LOT 1 BLK A JEFFERSON COMMONS AT THE BALLPARK |
| Neighborhood | 08SH |
| Land | $29,712,750 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $29,712,750 |
| Improvement | $17,287,250 |
|---|---|
| Total Improvement | $17,287,250 |
| Market | $47,000,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $47,000,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $47,000,000 |
| Taxable Value | $47,000,000 |
|---|
Appreciation: Market value has risen +16.2% from $40,440,000 (2021) to $47,000,000 (2025), a CAGR of 3.8% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2025→2026), 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 2.0702% in 2025 (+0.0420% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $972,987. Del Valle ISD is the largest single contributor, at 45.8% 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 63% of market value ($29,712,750 land vs $17,287,250 improvements), about $30/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $47,000,000, 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 +3.8% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $56,716,085 by 2030, with an estimated annual tax burden around $999,163. 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.
3 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 84,224 SF | ✓ |
| 2ND | 2nd Floor | 84,224 SF | ✓ |
| 3RD | 3rd Floor | 84,224 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 |
|---|---|---|---|---|---|---|---|---|---|
| IDV Del Valle ISD | 1.2020% | 1.1846% | 1.0028% | 0.9969% | 0.9489% | -0.0480% | $417,516.00 | $417,516.00 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $230,567.48 | $230,567.48 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $165,371.80 | $165,371.80 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $51,930.12 | $51,930.12 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $45,496.00 | $45,496.00 | Paid |
| Combined Rate | 2.3170% | 2.1629% | 1.9525% | 2.0282% | 2.0702% | +0.0420% | $910,881.40 | $910,881.40 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $70,300,062 | $47,000,000 | +49.6% |
| Assessed Value | $70,300,062 | $47,000,000 | +49.6% |
| Land Value | $29,712,750 | $29,712,750 | +0.0% |
| Improvement Value | $40,587,312 | $17,287,250 | +134.8% |
| Taxable Value | $70,300,062 | $47,000,000 | +49.6% |
| Total Tax 2026 = estimate |
~$1,455,341
Estimated
|
~$910,881
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $70,300,062 | $70,300,062 | +0 (+0.0%) |
| Taxable Value | $70,300,062 | $70,300,062 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $70,300,062 | $29,712,750 | $40,587,312 | — | $70,300,062 | $70,300,062 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $47,000,000 | $29,712,750 | $17,287,250 | — | $47,000,000 | $47,000,000 | ~$910,881 | Partial |
| 2024 | $44,300,000 | — | — | −$14,587,250 | $29,712,750 | $— | $899,379 | Verified |
| 2023 | $44,300,000 | — | — | −$14,587,250 | $29,712,750 | $— | $865,718 | Verified |
| 2022 | $44,885,229 | — | — | −$15,172,479 | $29,712,750 | $— | $958,915 | Verified |
| 2021 | $40,440,000 | — | — | −$10,727,250 | $29,712,750 | $— | $1,003,807 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +49.6% | +49.6% | ~100% | Not available | Partial |
| 2025 | +4.1% | +4.1% | ~100% | Not available | Partial |
| 2024 | -6.4% | -6.4% | ~100% | 1.9900% | Verified |
| 2023 | +7.1% | +7.1% | ~100% | 1.7900% | Verified |
| 2022 | +0.4% | +0.4% | ~100% | 2.1300% | Verified |
| 2021 | base year | — | ~100% | 2.4800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +4.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +49.6% | +13.1% | -3.1% | +49.6% | 2026 | -1.3% | 2023 |
| Assessment Ratio | 100.0% | 79.0% | — | 100.0% | 2025 | 66.2% | 2022 |
| Effective Tax Rate (2025) | 1.9400% | 1.9400% | — | 1.9400% | 2025 | 1.9400% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$910,881 | $927,740 | ~$990,693 | $1,003,807 | 2021 | $865,718 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$48,799,968 | ~$48,799,968 | ~2.0085% | ~$980,141 | +3.8% |
| 2027 | ~$50,668,869 | ~$50,668,869 | ~1.9468% | ~$986,415 | +7.8% |
| 2028 | ~$52,609,345 | ~$52,609,345 | ~1.8851% | ~$991,733 | +11.9% |
| 2029 | ~$54,624,135 | ~$54,624,135 | ~1.8234% | ~$996,012 | +16.2% |
| 2030 | ~$56,716,085 | ~$56,716,085 | ~1.7617% | ~$999,163 | +20.7% |
| 2026 | ~$47,859,968 | ~$47,859,968 | ~2.0702% | ~$990,790 | +1.8% |
| 2027 | ~$48,735,671 | ~$48,735,671 | ~2.0702% | ~$1,008,919 | +3.7% |
| 2028 | ~$49,627,396 | ~$49,627,396 | ~2.0702% | ~$1,027,379 | +5.6% |
| 2029 | ~$50,535,438 | ~$50,535,438 | ~2.0702% | ~$1,046,177 | +7.5% |
| 2030 | ~$51,460,095 | ~$51,460,095 | ~2.0702% | ~$1,065,319 | +9.5% |
| 2026 | ~$49,739,968 | ~$49,739,968 | ~1.9776% | ~$983,676 | +5.8% |
| 2027 | ~$52,639,668 | ~$52,639,668 | ~1.8851% | ~$992,305 | +12.0% |
| 2028 | ~$55,708,413 | ~$55,708,413 | ~1.7925% | ~$998,597 | +18.5% |
| 2029 | ~$58,956,056 | ~$58,956,056 | ~1.7000% | ~$1,002,249 | +25.4% |
| 2030 | ~$62,393,029 | ~$62,393,029 | ~1.6074% | ~$1,002,934 | +32.8% |
In 2025, this property's market value of $47,000,000 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 90× 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 | $47,000,000 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $44,300,000 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $44,300,000 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $44,885,229 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $40,440,000 | $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.