2414 VENTURA DR TX 78741
| Owner | VENTURA DRIVE 2414 LLC |
|---|---|
| Parcel ID | 0311040529 |
| Short ID | 291163 |
| Type | Real |
| Use Code | 06 Apartment 26–49 Units |
| Valuation | Income |
| Improvement SF | 34,098 SF |
| Land SF | 61,721 SF |
| Acres | 1.417 |
| Year Built | 1973 |
| Legal | LOT 1-A PLAZA VENTURA 2 |
| Neighborhood | 06SE |
| Land | $308,605 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $308,605 |
| Improvement | $5,491,395 |
|---|---|
| Total Improvement | $5,491,395 |
| Market | $5,800,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $5,800,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $5,800,000 |
| Taxable Value | $5,800,000 |
|---|
Appreciation: Market value has risen +36.1% from $4,262,250 (2021) to $5,800,000 (2025), a CAGR of 8.0% 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 $118,696. 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 5% of market value ($308,605 land vs $5,491,395 improvements), about $5/SF of land. Most value sits in the improvements, so building condition, age (~53 yrs), and rent roll drive the underwriting.
Submarket Position: At $5,800,000, 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 +8.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $8,524,410 by 2030, with an estimated annual tax burden around $160,578. 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.
20 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| SO | Sketch Only | 74,947 SF | ✗ |
| 551 | PAVED AREA | 23,100 SF | ✗ |
| 1ST | 1st Floor | 17,236 SF | ✓ |
| 2ND | 2nd Floor | 16,862 SF | ✓ |
| 591 | MASONRY TRIM SF | 6,900 SF | ✗ |
| 011C | PORCH OPEN 1ST COMM | 4,434 SF | ✗ |
| 601 | POOL COMM'L | 712 SF | ✗ |
| 581C | STORAGE ATT COMM | 515 SF | ✓ |
| 012C | PORCH OPEN 2 COMM | 408 SF | ✗ |
| 611 | TERRACE | 290 SF | ✗ |
| 571C | STORAGE DET COMM | 160 SF | ✓ |
| MISC | Miscellaneous | 9 SF | ✓ |
| 132 | PLBG 5-FIXT AVG | 1 SF | ✓ |
| 142 | BATHTUB AVG | 1 SF | ✓ |
| 152 | COMMODE AVG | 1 SF | ✓ |
| 162 | LAVATORY AVG | 1 SF | ✓ |
| 303 | STAIRWAYS FV | 1 SF | ✓ |
| 309 | COURTYARD FV | 1 SF | ✗ |
| 531 | OBS FENCE | 1 SF | ✗ |
| 269 | OBS RANGE DRP-IN | 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% | $53,661.60 | $53,661.60 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $30,392.99 | $30,392.99 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $21,799.01 | $21,799.01 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $6,845.33 | $6,845.33 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $5,997.20 | $5,997.20 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $118,696.13 | $118,696.13 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $5,810,000 | $5,800,000 | +0.2% |
| Assessed Value | $5,810,000 | $5,800,000 | +0.2% |
| Land Value | $308,605 | $308,605 | +0.0% |
| Improvement Value | $5,501,395 | $5,491,395 | +0.2% |
| Taxable Value | $5,810,000 | $5,800,000 | +0.2% |
| Total Tax 2026 = estimate |
~$118,901
Estimated
|
~$118,696
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $6,142,000 | $5,810,000 | -332,000 (-5.4%) |
| Taxable Value | $6,142,000 | $5,810,000 | -332,000 (-5.4%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $5,810,000 | $308,605 | $5,501,395 | — | $5,810,000 | $5,810,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $5,800,000 | $308,605 | $5,491,395 | — | $5,800,000 | $5,800,000 | ~$118,696 | Partial |
| 2024 | $4,980,000 | — | — | −$4,671,395 | $308,605 | $— | $98,958 | Verified |
| 2023 | $4,550,000 | — | — | −$4,241,395 | $308,605 | $— | $90,100 | Verified |
| 2022 | $4,347,495 | — | — | −$4,038,890 | $308,605 | $— | $89,859 | Verified |
| 2021 | $4,262,250 | — | — | −$3,953,645 | $308,605 | $— | $94,631 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +5.9% | +5.9% | ~100% | Not available | Partial |
| 2025 | +16.2% | +16.2% | ~100% | Not available | Partial |
| 2024 | +0.3% | +0.3% | ~100% | 1.9800% | Verified |
| 2023 | +9.5% | +9.5% | ~100% | 1.8100% | Verified |
| 2022 | +4.7% | +4.7% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.2200% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +33.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.2% | +6.6% | +8.0% | +16.5% | 2025 | +0.2% | 2026 |
| Assessment Ratio | 100.0% | 37.9% | — | 100.0% | 2025 | 6.2% | 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 |
$118,696 | $98,449 | ~$142,890 | $118,696 | 2025 | $89,859 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$6,264,339 | ~$6,264,339 | ~2.0139% | ~$126,160 | +8.0% |
| 2027 | ~$6,765,853 | ~$6,765,853 | ~1.9814% | ~$134,058 | +16.7% |
| 2028 | ~$7,307,516 | ~$7,307,516 | ~1.9488% | ~$142,412 | +26.0% |
| 2029 | ~$7,892,545 | ~$7,892,545 | ~1.9163% | ~$151,244 | +36.1% |
| 2030 | ~$8,524,410 | ~$8,524,410 | ~1.8837% | ~$160,578 | +47.0% |
| 2026 | ~$6,148,339 | ~$6,148,339 | ~2.0465% | ~$125,825 | +6.0% |
| 2027 | ~$6,517,599 | ~$6,517,599 | ~2.0465% | ~$133,382 | +12.4% |
| 2028 | ~$6,909,036 | ~$6,909,036 | ~2.0465% | ~$141,392 | +19.1% |
| 2029 | ~$7,323,982 | ~$7,323,982 | ~2.0465% | ~$149,884 | +26.3% |
| 2030 | ~$7,763,849 | ~$7,763,849 | ~2.0465% | ~$158,886 | +33.9% |
| 2026 | ~$6,380,339 | ~$6,380,000 | ~1.9977% | ~$127,451 | +10.0% |
| 2027 | ~$7,018,746 | ~$7,018,000 | ~1.9488% | ~$136,770 | +21.0% |
| 2028 | ~$7,721,031 | ~$7,719,800 | ~1.9000% | ~$146,677 | +33.1% |
| 2029 | ~$8,493,586 | ~$8,491,780 | ~1.8512% | ~$157,199 | +46.4% |
| 2030 | ~$9,343,441 | ~$9,340,958 | ~1.8024% | ~$168,359 | +61.1% |
In 2025, this property's market value of $5,800,000 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 11× 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 | $5,800,000 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $4,980,000 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $4,550,000 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $4,347,495 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $4,262,250 | $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.