MONTOPOLIS DR TX 78741
| Owner | PECOS HOUSING FINANCE CORPORATION |
|---|---|
| Parcel ID | 0312130115 |
| Short ID | 920583 |
| Type | Real |
| Use Code | 08 Apartment 100+ Units |
| Valuation | Income |
| Improvement SF | 247,104 SF |
| Land SF | 409,133 SF |
| Acres | 9.392 |
| Year Built | 2020 |
| Legal | 9.3924AC OF LOT 1 MONT SUBD |
| Neighborhood | 08SE |
| Land | $3,273,064 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $3,273,064 |
| Improvement | $45,946,936 |
|---|---|
| Total Improvement | $45,946,936 |
| Market | $49,220,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $49,220,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $49,220,000 |
| Taxable Value | $49,220,000 |
|---|
Appreciation: Market value has risen +1403.8% from $3,273,064 (2021) to $49,220,000 (2025), a CAGR of 96.9% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2021→2022), 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 outpaced the broader multi-family market over the same period.
Tax Burden: The combined rate across 6 taxing entities is 2.9954% in 2025 (+0.0167% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $1,474,328. Del Valle ISD is the largest single contributor, at 45.1% 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 7% of market value ($3,273,064 land vs $45,946,936 improvements), about $8/SF of land. Most value sits in the improvements, so building condition, age (~6 yrs), and rent roll drive the underwriting.
Submarket Position: At $49,220,000, 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 +96.9% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,457,556,838 by 2030, with an estimated annual tax burden around $36,676,029. 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.
1 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 247,104 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% | $441,686.33 | $441,686.33 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $247,860.04 | $247,860.04 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $177,774.69 | $177,774.69 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $55,824.88 | $55,824.88 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $48,908.20 | $48,908.20 | Paid |
| IAU Austin ISD | 1.0617% | 0.9966% | 0.8595% | 0.9505% | 0.9252% | -0.0253% | $6,964.95 | $6,964.95 | Paid |
| Combined Rate | 3.3787% | 3.1595% | 2.8120% | 2.9787% | 2.9954% | +0.0167% | $979,019.09 | $979,019.09 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $44,650,000 | $49,220,000 | -9.3% |
| Assessed Value | $44,650,000 | $49,220,000 | -9.3% |
| Land Value | $3,273,064 | $3,273,064 | +0.0% |
| Improvement Value | $41,376,936 | $45,946,936 | -9.9% |
| Taxable Value | $44,650,000 | $49,220,000 | -9.3% |
| Total Tax 2026 = estimate |
~$1,337,439
Estimated
|
~$979,019
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $44,650,000 | $44,650,000 | +0 (+0.0%) |
| Taxable Value | $44,650,000 | $44,650,000 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $44,650,000 | $3,273,064 | $41,376,936 | — | $44,650,000 | $44,650,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $49,220,000 | $3,273,064 | $45,946,936 | — | $49,220,000 | $49,220,000 | ~$979,019 | Partial |
| 2024 | $58,500,000 | — | — | −$55,226,936 | $3,273,064 | $— | $1,155,432 | Verified |
| 2023 | $61,920,000 | — | — | −$58,646,936 | $3,273,064 | $— | $1,144,908 | Verified |
| 2022 | $37,980,520 | — | — | −$34,707,456 | $3,273,064 | $— | $1,267,270 | Verified |
| 2021 | $3,273,064 | — | — | — | $3,273,064 | $— | $878,944 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -9.3% | -9.3% | ~100% | Not available | Partial |
| 2025 | -15.9% | -15.9% | ~100% | Not available | Partial |
| 2024 | -6.0% | -6.0% | ~100% | 1.9800% | Verified |
| 2023 | +0.5% | +0.5% | ~100% | 1.8400% | Verified |
| 2022 | +63.0% | +63.0% | ~100% | 2.0500% | Verified |
| 2021 | base year | — | ~100% | 26.8500% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +29.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -9.3% | +218.5% | +101.0% | +1060.4% | 2022 | -15.9% | 2025 |
| Assessment Ratio | 100.0% | 53.2% | — | 100.0% | 2021 | 5.3% | 2023 |
| Effective Tax Rate (2025) | 1.9900% | 1.9900% | — | 1.9900% | 2025 | 1.9900% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$979,019 | $1,085,115 | ~$14,869,961 | $1,267,270 | 2022 | $878,944 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$96,925,575 | ~$96,925,575 | ~2.8996% | ~$2,810,417 | +96.9% |
| 2027 | ~$190,868,898 | ~$190,868,898 | ~2.8037% | ~$5,351,464 | +287.8% |
| 2028 | ~$375,865,049 | ~$375,865,049 | ~2.7079% | ~$10,178,104 | +663.6% |
| 2029 | ~$740,165,301 | ~$740,165,301 | ~2.6121% | ~$19,333,791 | +1403.8% |
| 2030 | ~$1,457,556,838 | ~$1,457,556,838 | ~2.5163% | ~$36,676,029 | +2861.3% |
| 2026 | ~$95,941,175 | ~$95,941,175 | ~2.9954% | ~$2,873,808 | +94.9% |
| 2027 | ~$187,011,563 | ~$187,011,563 | ~2.9954% | ~$5,601,716 | +280.0% |
| 2028 | ~$364,528,832 | ~$364,528,832 | ~2.9954% | ~$10,919,042 | +640.6% |
| 2029 | ~$710,551,088 | ~$710,551,088 | ~2.9954% | ~$21,283,741 | +1343.6% |
| 2030 | ~$1,385,028,576 | ~$1,385,028,576 | ~2.9954% | ~$41,486,938 | +2714.0% |
| 2026 | ~$97,909,975 | ~$97,909,975 | ~2.8516% | ~$2,792,050 | +98.9% |
| 2027 | ~$194,765,609 | ~$194,765,609 | ~2.7079% | ~$5,274,086 | +295.7% |
| 2028 | ~$387,433,887 | ~$387,433,887 | ~2.5642% | ~$9,934,499 | +687.1% |
| 2029 | ~$770,695,700 | ~$770,695,700 | ~2.4204% | ~$18,654,258 | +1465.8% |
| 2030 | ~$1,533,092,176 | ~$1,533,092,176 | ~2.2767% | ~$34,904,044 | +3014.8% |
In 2025, this property's market value of $49,220,000 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 95× 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 | $49,220,000 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $58,500,000 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $61,920,000 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $37,980,520 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $3,273,064 | $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.