SPIERS WAY TX 78617
| Owner | EASTRIDGE DV LLC |
|---|---|
| Parcel ID | 0328431501 |
| Short ID | 914473 |
| Type | Real |
| Use Code | 08 Apartment 100+ Units |
| Valuation | Income |
| Improvement SF | — |
| Land SF | 687,461 SF |
| Acres | 15.782 |
| Year Built | — |
| Legal | LOT 1-2 BLK C EASTRIDGE |
| Neighborhood | 08SE1 |
| Land | $1,374,922 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,374,922 |
| Improvement | $47,305,078 |
|---|---|
| Total Improvement | $47,305,078 |
| Market | $48,680,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $48,680,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $48,680,000 |
| Taxable Value | $48,680,000 |
|---|
Appreciation: Market value has risen +7734.0% from $621,390 (2021) to $48,680,000 (2025), a CAGR of 197.5% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2022→2023), 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 5 taxing entities is 2.0702% in 2025 (+0.0420% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $1,007,766. 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 3% of market value ($1,374,922 land vs $47,305,078 improvements), about $2/SF of land. Most value sits in the improvements, so building condition, age, and rent roll drive the underwriting.
Submarket Position: At $48,680,000, 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 +197.5% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $11,345,756,449 by 2030, with an estimated annual tax burden around $199,877,340. 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 |
|---|---|---|---|
| ADDL | Additional Floor | 247,500 SF | ✓ |
Market value changed by 131% in 2022, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| 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% | $461,924.52 | $461,924.52 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $255,091.48 | $255,091.48 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $182,961.35 | $182,961.35 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $57,453.60 | $57,453.60 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $50,335.12 | $50,335.12 | Paid |
| Combined Rate | 2.3170% | 2.1629% | 1.9525% | 2.0282% | 2.0702% | +0.0420% | $1,007,766.07 | $1,007,766.07 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $45,150,000 | $48,680,000 | -7.3% |
| Assessed Value | $45,150,000 | $48,680,000 | -7.3% |
| Land Value | $1,374,922 | $1,374,922 | +0.0% |
| Improvement Value | $43,775,078 | $47,305,078 | -7.5% |
| Taxable Value | $45,150,000 | $48,680,000 | -7.3% |
| Total Tax 2026 = estimate |
~$934,689
Estimated
|
~$1,007,766
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $45,150,000 | $45,150,000 | +0 (+0.0%) |
| Taxable Value | $45,150,000 | $45,150,000 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $45,150,000 | $1,374,922 | $43,775,078 | — | $45,150,000 | $45,150,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $48,680,000 | $1,374,922 | $47,305,078 | — | $48,680,000 | $48,680,000 | ~$1,007,766 | Partial |
| 2024 | $57,500,000 | — | — | −$56,125,078 | $1,374,922 | $— | $1,079,542 | Verified |
| 2023 | $55,800,000 | — | — | −$54,425,078 | $1,374,922 | $— | $1,124,667 | Verified |
| 2022 | $25,711,597 | — | — | −$24,336,675 | $1,374,922 | $— | $1,210,543 | Verified |
| 2021 | $621,390 | — | — | — | $1,374,922 ! | $— | $595,732 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -7.3% | -7.3% | ~100% | Not available | Partial |
| 2025 | -15.4% | -15.4% | ~100% | Not available | Partial |
| 2024 | -14.4% | -14.4% | ~100% | 1.8800% | Verified |
| 2023 | +13.0% | +13.0% | ~100% | 1.6700% | Verified |
| 2022 | +131.3% ! | +131.3% | ~100% | 2.0400% | Verified |
| 2021 | base year | — | ~100% | 95.8700% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +89.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -7.3% | +827.0% | +202.2% | +4037.8% | 2022 | -15.3% | 2025 |
| Assessment Ratio | 100.0% | 71.9% | — | 221.3% | 2021 | 2.4% | 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 |
$1,007,766 | $1,003,650 | ~$60,975,108 | $1,210,543 | 2022 | $595,732 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$144,826,204 | ~$144,826,204 | ~2.0085% | ~$2,908,815 | +197.5% |
| 2027 | ~$430,867,488 | ~$430,867,488 | ~1.9468% | ~$8,388,077 | +785.1% |
| 2028 | ~$1,281,859,132 | ~$1,281,859,132 | ~1.8851% | ~$24,164,192 | +2533.2% |
| 2029 | ~$3,813,615,282 | ~$3,813,615,282 | ~1.8234% | ~$69,537,118 | +7734.0% |
| 2030 | ~$11,345,756,449 | ~$11,345,756,449 | ~1.7617% | ~$199,877,340 | +23206.8% |
| 2026 | ~$143,852,604 | ~$143,852,604 | ~2.0702% | ~$2,978,015 | +195.5% |
| 2027 | ~$425,093,912 | ~$425,093,912 | ~2.0702% | ~$8,800,230 | +773.2% |
| 2028 | ~$1,256,180,485 | ~$1,256,180,485 | ~2.0702% | ~$26,005,260 | +2480.5% |
| 2029 | ~$3,712,096,007 | ~$3,712,096,007 | ~2.0702% | ~$76,847,255 | +7525.5% |
| 2030 | ~$10,969,488,003 | ~$10,969,488,003 | ~2.0702% | ~$227,088,695 | +22433.9% |
| 2026 | ~$145,799,804 | ~$145,799,804 | ~1.9776% | ~$2,883,391 | +199.5% |
| 2027 | ~$436,680,008 | ~$436,680,008 | ~1.8851% | ~$8,231,809 | +797.0% |
| 2028 | ~$1,307,885,363 | ~$1,307,885,363 | ~1.7925% | ~$23,444,391 | +2586.7% |
| 2029 | ~$3,917,202,737 | ~$3,917,202,737 | ~1.7000% | ~$66,592,211 | +7946.8% |
| 2030 | ~$11,732,279,999 | ~$11,732,279,999 | ~1.6074% | ~$188,590,095 | +24000.8% |
In 2025, this property's market value of $48,680,000 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 94× 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 | $48,680,000 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $57,500,000 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $55,800,000 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $25,711,597 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $621,390 | $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.