6108 KARA DR DR TX 78744
| Owner | ADDISON MASTER COMMUNITY INC |
|---|---|
| Parcel ID | 0330180515 |
| Short ID | 883216 |
| Type | Real |
| Use Code | 17 Clubhouse |
| Valuation | Cost |
| Improvement SF | 2,785 SF |
| Land SF | 57,016 SF |
| Acres | 1.309 |
| Year Built | 2021 |
| Legal | LOT 15 BLK N ADDISON SEC 3 (OPEN SPACE) |
| Neighborhood | H1040 |
| Land | $1,247 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,247 |
| Improvement | $680 |
|---|---|
| Total Improvement | $680 |
| Market | $1,927 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,927 |
| Value Limitation Adjustment (−) (homestead cap) | −$383 |
| Net Appraised (assessed) | $1,544 |
| Taxable Value | $1,544 |
|---|
Appreciation: Market value has risen +60.6% from $1,200 (2021) to $1,927 (2025), a CAGR of 12.6% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2021→2024), 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 1.7462% in 2025 (-0.0044% vs 2024 — rates decreased ). At the current taxable value, estimated annual taxes are $27. Del Valle ISD is the largest single contributor, at 54.4% of the total 2025 levy.
Asset Class: Multi-family residential. This is valued using the cost approach, tied more to replacement cost and physical condition than to income performance.
Value Composition: Land carries 65% of market value ($1,247 land vs $680 improvements), about $0/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $1,927, this parcel sits in the bottom quartile (<25th 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 +12.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $3,483 by 2030, with an estimated annual tax burden around $36. 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 | 2,785 SF | ✓ |
| 601 | POOL COMM'L | 1,261 SF | ✗ |
| 011C | PORCH OPEN 1ST COMM | 795 SF | ✗ |
Market value changed by 1039% in 2023, 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% | $14.65 | $14.65 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $5.80 | $5.80 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1.82 | $1.82 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1.60 | $1.60 | Paid |
| E11 Travis County ESD # 11 | 0.1000% | 0.0949% | 0.1000% | 0.1000% | 0.1000% | +0.0000% | $1.54 | $1.54 | Paid |
| E15 Travis County ESD # 15 | 0.1000% | 0.0949% | 0.1000% | 0.1000% | 0.1000% | +0.0000% | $1.54 | $1.54 | Paid |
| Combined Rate | 1.9760% | 1.8900% | 1.7067% | 1.7506% | 1.7462% | -0.0044% | $26.95 | $26.95 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,759 | $1,927 | -8.7% |
| Assessed Value | $1,759 | $1,544 | +13.9% |
| Land Value | $1,247 | $1,247 | +0.0% |
| Improvement Value | $512 | $680 | -24.7% |
| Taxable Value | $1,759 | $1,544 | +13.9% |
| Total Tax 2026 = estimate |
~$31
Estimated
|
~$27
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,759 | $1,759 | +0 (+0.0%) |
| Taxable Value | $1,759 | $1,759 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,759 | $1,247 | $512 | — | $1,759 | $1,759 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,927 | $1,247 | $680 | −$383 | $1,544 | $1,544 | ~$27 | Partial |
| 2024 | $13,672 | — | — | −$12,472 | $1,200 | $— | $23 | Verified |
| 2023 | $— | — | — | — | $960 | $— | $187 | Verified |
| 2022 | $— | — | — | — | $960 | $— | $18 | Verified |
| 2021 | $1,200 | — | — | −$240 | $960 | $— | $19 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -8.7% | +13.9% | ~100% | Not available | Partial |
| 2025 | +49.7% | +20.0% | 80.1% | Not available | Partial |
| 2024 | -88.2% ! | -88.2% | ~100% | 1.7500% | Verified |
| 2023 | +1039.4% ! | +1039.4% | ~100% | 1.7100% | Verified |
| 2022 | +0.0% | +0.0% | ~100% | 1.8900% | Verified |
| 2021 | base year | — | ~100% | 1.5800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +100.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -8.7% | +314.9% | +14.7% | +1039.3% | 2024 | -85.9% | 2025 |
| Assessment Ratio | 100.0% | 67.2% | — | 100.0% | 2026 | 8.8% | 2024 |
| Effective Tax Rate (2025) | 1.4000% | 1.4000% | — | 1.4000% | 2025 | 1.4000% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$27 | $23 | ~$32 | $27 | 2025 | $19 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,169 | ~$1,698 | ~1.6887% | ~$29 | +12.6% |
| 2027 | ~$2,442 | ~$1,868 | ~1.6313% | ~$30 | +26.7% |
| 2028 | ~$2,749 | ~$2,055 | ~1.5738% | ~$32 | +42.7% |
| 2029 | ~$3,094 | ~$2,261 | ~1.5164% | ~$34 | +60.6% |
| 2030 | ~$3,483 | ~$2,487 | ~1.4589% | ~$36 | +80.7% |
| 2026 | ~$2,131 | ~$1,698 | ~1.7462% | ~$30 | +10.6% |
| 2027 | ~$2,356 | ~$1,868 | ~1.7462% | ~$33 | +22.3% |
| 2028 | ~$2,605 | ~$2,055 | ~1.7462% | ~$36 | +35.2% |
| 2029 | ~$2,880 | ~$2,261 | ~1.7462% | ~$39 | +49.5% |
| 2030 | ~$3,185 | ~$2,487 | ~1.7462% | ~$43 | +65.3% |
| 2026 | ~$2,208 | ~$1,698 | ~1.6600% | ~$28 | +14.6% |
| 2027 | ~$2,529 | ~$1,868 | ~1.5738% | ~$29 | +31.2% |
| 2028 | ~$2,898 | ~$2,055 | ~1.4876% | ~$31 | +50.4% |
| 2029 | ~$3,320 | ~$2,261 | ~1.4015% | ~$32 | +72.3% |
| 2030 | ~$3,804 | ~$2,487 | ~1.3153% | ~$33 | +97.4% |
In 2025, this property's market value of $1,927 places it in the bottom 25% for Multi-Family properties in Travis County (12584 comparable) — -100% below 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 | $1,927 | $438,669 | $519,778 | $749,859 | ↓ Bottom 25% | -7.5% |
| 2024 | $13,672 | $467,458 | $564,615 | $848,565 | ↓ Bottom 25% | -6.3% |
| 2023 | — | $503,905 | $617,035 | $919,932 | — | +0.9% |
| 2022 | — | $506,618 | $615,058 | $906,429 | — | +39.1% |
| 2021 | $1,200 | $300,453 | $376,850 | $539,896 | ↓ Bottom 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.