2433 BASTROP HWY TX 78617
| Owner | KEY TO HOSPITALITY LLC |
|---|---|
| Parcel ID | 0314300106 |
| Short ID | 291968 |
| Type | Real |
| Use Code | 05 Apartment 5–25 Units |
| Valuation | Income |
| Improvement SF | 8,124 SF |
| Land SF | 14,831 SF |
| Acres | 0.340 |
| Year Built | 1970 |
| Legal | LOT B C F R ADDN |
| Neighborhood | 05SE |
| Land | $296,620 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $296,620 |
| Improvement | $1,287,560 |
|---|---|
| Total Improvement | $1,287,560 |
| Market | $1,584,180 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,584,180 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,584,180 |
| Taxable Value | $1,584,180 |
|---|
Appreciation: Market value has risen +56.0% from $1,015,500 (2021) to $1,584,180 (2025), a CAGR of 11.8% over 4 years. This is strong appreciation — well above typical inflation. 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 outpaced 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 $32,795. 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 19% of market value ($296,620 land vs $1,287,560 improvements), about $20/SF of land. Most value sits in the improvements, so building condition, age (~56 yrs), and rent roll drive the underwriting.
Submarket Position: At $1,584,180, 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 +11.8% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,761,915 by 2030, with an estimated annual tax burden around $44,947. 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.
10 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 5,660 SF | ✓ |
| 551 | PAVED AREA | 5,610 SF | ✗ |
| 2ND | 2nd Floor | 2,464 SF | ✓ |
| 012C | PORCH OPEN 2 COMM | 888 SF | ✗ |
| 011C | PORCH OPEN 1ST COMM | 792 SF | ✗ |
| 501 | CANOPY | 412 SF | ✗ |
| 571C | STORAGE DET COMM | 200 SF | ✓ |
| 132 | PLBG 5-FIXT AVG | 1 SF | ✓ |
| 303 | STAIRWAYS FV | 1 SF | ✓ |
| 509 | CANOPY 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 |
|---|---|---|---|---|---|---|---|---|---|
| IDV Del Valle ISD | 1.2020% | 1.1846% | 1.0028% | 0.9969% | 0.9489% | -0.0480% | $15,032.28 | $15,032.28 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $8,301.37 | $8,301.37 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $5,954.06 | $5,954.06 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,869.70 | $1,869.70 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,638.04 | $1,638.04 | Paid |
| Combined Rate | 2.3170% | 2.1629% | 1.9525% | 2.0282% | 2.0702% | +0.0420% | $32,795.45 | $32,795.45 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,584,180 | $1,584,180 | +0.0% |
| Assessed Value | $1,584,180 | $1,584,180 | +0.0% |
| Land Value | $296,620 | $296,620 | +0.0% |
| Improvement Value | $1,287,560 | $1,287,560 | +0.0% |
| Taxable Value | $1,584,180 | $1,584,180 | +0.0% |
| Total Tax 2026 = estimate |
~$32,795
Estimated
|
~$32,795
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,584,180 | $1,584,180 | +0 (+0.0%) |
| Taxable Value | $1,584,180 | $1,584,180 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,584,180 | $296,620 | $1,287,560 | — | $1,584,180 | $1,584,180 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,584,180 | $296,620 | $1,287,560 | — | $1,584,180 | $1,584,180 | ~$32,795 | Partial |
| 2024 | $1,299,840 | — | — | −$1,003,220 | $296,620 | $— | $28,835 | Verified |
| 2023 | $1,218,600 | — | — | −$921,980 | $296,620 | $— | $25,380 | Verified |
| 2022 | $1,056,120 | — | — | −$759,500 | $296,620 | $— | $26,357 | Verified |
| 2021 | $1,015,500 | — | — | −$718,880 | $296,620 | $— | $24,470 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2025 | +11.4% | +11.4% | ~100% | Not available | Partial |
| 2024 | +9.4% | +9.4% | ~100% | 2.0300% | Verified |
| 2023 | +6.7% | +6.7% | ~100% | 1.9500% | Verified |
| 2022 | +15.4% | +15.4% | ~100% | 2.1600% | Verified |
| 2021 | base year | — | ~100% | 2.4100% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +50.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +9.6% | +11.8% | +21.9% | 2025 | +0.0% | 2026 |
| Assessment Ratio | 100.0% | 50.7% | — | 100.0% | 2025 | 22.8% | 2024 |
| Effective Tax Rate (2025) | 2.0700% | 2.0700% | — | 2.0700% | 2025 | 2.0700% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$32,795 | $27,568 | ~$39,861 | $32,795 | 2025 | $24,470 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,770,458 | ~$1,742,598 | ~2.0085% | ~$35,000 | +11.8% |
| 2027 | ~$1,978,640 | ~$1,916,858 | ~1.9468% | ~$37,317 | +24.9% |
| 2028 | ~$2,211,302 | ~$2,108,544 | ~1.8851% | ~$39,748 | +39.6% |
| 2029 | ~$2,471,321 | ~$2,319,398 | ~1.8234% | ~$42,292 | +56.0% |
| 2030 | ~$2,761,915 | ~$2,551,338 | ~1.7617% | ~$44,947 | +74.3% |
| 2026 | ~$1,738,775 | ~$1,738,775 | ~2.0702% | ~$35,996 | +9.8% |
| 2027 | ~$1,908,456 | ~$1,908,456 | ~2.0702% | ~$39,509 | +20.5% |
| 2028 | ~$2,094,695 | ~$2,094,695 | ~2.0702% | ~$43,364 | +32.2% |
| 2029 | ~$2,299,109 | ~$2,299,109 | ~2.0702% | ~$47,596 | +45.1% |
| 2030 | ~$2,523,471 | ~$2,523,471 | ~2.0702% | ~$52,241 | +59.3% |
| 2026 | ~$1,802,142 | ~$1,742,598 | ~1.9776% | ~$34,462 | +13.8% |
| 2027 | ~$2,050,092 | ~$1,916,858 | ~1.8851% | ~$36,134 | +29.4% |
| 2028 | ~$2,332,157 | ~$2,108,544 | ~1.7925% | ~$37,797 | +47.2% |
| 2029 | ~$2,653,031 | ~$2,319,398 | ~1.7000% | ~$39,430 | +67.5% |
| 2030 | ~$3,018,052 | ~$2,551,338 | ~1.6074% | ~$41,011 | +90.5% |
In 2025, this property's market value of $1,584,180 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 3× 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 | $1,584,180 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $1,299,840 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $1,218,600 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $1,056,120 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $1,015,500 | $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.