COLTON BLUFF SPRINGS RD 78744
| Owner | VANTAGE AT MCKINNEY FALLAS LLC |
|---|---|
| Parcel ID | 0334060204 |
| Short ID | 964340 |
| Type | Real |
| Use Code | 08 Apartment 100+ Units |
| Valuation | Income |
| Improvement SF | 237,600 SF |
| Land SF | 774,976 SF |
| Acres | 17.791 |
| Year Built | 2024 |
| Legal | CROSSING AT COLTON BLUFF BLK A LOT 3 |
| Neighborhood | SE1 |
| Land | $1,162,464 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,162,464 |
| Improvement | $51,527,536 |
|---|---|
| Total Improvement | $51,527,536 |
| Market | $52,690,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $52,690,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $52,690,000 |
| Taxable Value | $52,690,000 |
|---|
Appreciation: Market value has risen +993.9% from $4,816,514 (2024) to $52,690,000 (2025), a CAGR of 993.9% over 1 year. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2024→2025), 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 fell -7.9%, so this parcel has outpaced the broader multi-family market over the same period.
Tax Burden: The combined rate across 7 taxing entities is 2.2702% in 2025 (+0.0420% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $1,196,160. Del Valle ISD is the largest single contributor, at 50.6% 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 2% of market value ($1,162,464 land vs $51,527,536 improvements), about $2/SF of land. Most value sits in the improvements, so building condition, age (~2 yrs), and rent roll drive the underwriting.
Submarket Position: At $52,690,000, 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 +993.9% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $8,254,771,509,380 by 2030, with an estimated annual tax burden around $1,664,649. 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 | 237,600 SF | ✓ |
Market value changed by 678% in 2024, 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% | $499,975.41 | $499,975.41 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $198,032.73 | $198,032.73 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $110,929.14 | $110,929.14 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $62,186.32 | $62,186.32 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $54,481.46 | $54,481.46 | Paid |
| E15 Travis County ESD # 15 | 0.1000% | 0.0949% | 0.1000% | 0.1000% | 0.1000% | +0.0000% | $31,521.00 | $31,521.00 | Paid |
| E11 Travis County ESD # 11 | 0.1000% | 0.0949% | 0.1000% | 0.1000% | 0.1000% | +0.0000% | $31,521.00 | $31,521.00 | Paid |
| Combined Rate | 2.5170% | 2.3527% | 2.1525% | 2.2282% | 2.2702% | +0.0420% | $988,647.06 | $988,647.06 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $51,600,000 | $52,690,000 | -2.1% |
| Assessed Value | $51,600,000 | $52,690,000 | -2.1% |
| Land Value | $1,162,464 | $1,162,464 | +0.0% |
| Improvement Value | $50,437,536 | $51,527,536 | -2.1% |
| Taxable Value | $51,600,000 | $52,690,000 | -2.1% |
| Total Tax 2026 = estimate |
~$1,171,415
Estimated
|
~$988,647
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $51,600,000 | $51,600,000 | +0 (+0.0%) |
| Taxable Value | $51,600,000 | $51,600,000 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $51,600,000 | $1,162,464 | $50,437,536 | — | $51,600,000 | $51,600,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $52,690,000 | $1,162,464 | $51,527,536 | — | $52,690,000 | $52,690,000 | ~$988,647 | Partial |
| 2024 | $4,816,514 | — | — | −$3,654,050 | $1,162,464 | $— | $697,884 | Verified |
| 2023 | $— | — | — | — | $1,162,464 | $— | $87,888 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -2.1% | -2.1% | ~100% | Not available | Partial |
| 2025 | +40.6% | +40.6% | ~100% | Not available | Partial |
| 2024 | +678.0% ! | +678.0% | ~100% | 1.8600% | Verified |
| 2023 | base year | — | ~100% | 1.8200% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +993.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -2.1% | +495.9% | +998.6% | +993.9% | 2025 | -2.1% | 2026 |
| Assessment Ratio | 100.0% | 74.7% | — | 100.0% | 2025 | 24.1% | 2024 |
| Effective Tax Rate (2025) | 1.8800% | 1.8800% | — | 1.8800% | 2025 | 1.8800% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$988,647 | $843,266 | ~$1,467,309 | $988,647 | 2025 | $697,884 | 2024 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$576,399,467 | ~$57,959,000 | ~2.2085% | ~$1,280,017 | +993.9% |
| 2027 | ~$6,305,491,459 | ~$63,754,900 | ~2.1468% | ~$1,368,683 | +11867.2% |
| 2028 | ~$68,978,590,114 | ~$70,130,390 | ~2.0851% | ~$1,462,281 | +130814.0% |
| 2029 | ~$754,587,636,017 | ~$77,143,429 | ~2.0234% | ~$1,560,913 | +1432026.8% |
| 2030 | ~$8,254,771,509,380 | ~$84,857,772 | ~1.9617% | ~$1,664,649 | +15666575.9% |
| 2026 | ~$575,345,667 | ~$57,959,000 | ~2.2702% | ~$1,315,777 | +991.9% |
| 2027 | ~$6,282,456,557 | ~$63,754,900 | ~2.2702% | ~$1,447,354 | +11823.4% |
| 2028 | ~$68,600,951,884 | ~$70,130,390 | ~2.2702% | ~$1,592,090 | +130097.3% |
| 2029 | ~$749,084,463,551 | ~$77,143,429 | ~2.2702% | ~$1,751,299 | +1421582.4% |
| 2030 | ~$8,179,588,156,160 | ~$84,857,772 | ~2.2702% | ~$1,926,428 | +15523885.9% |
| 2026 | ~$577,453,267 | ~$57,959,000 | ~2.1776% | ~$1,262,137 | +995.9% |
| 2027 | ~$6,328,568,514 | ~$63,754,900 | ~2.0851% | ~$1,329,347 | +11910.9% |
| 2028 | ~$69,357,611,702 | ~$70,130,390 | ~1.9925% | ~$1,397,377 | +131533.3% |
| 2029 | ~$760,121,074,859 | ~$77,143,429 | ~1.9000% | ~$1,465,721 | +1442528.7% |
| 2030 | ~$8,330,506,692,243 | ~$84,857,772 | ~1.8074% | ~$1,533,759 | +15810313.2% |
In 2025, this property's market value of $52,690,000 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 101× 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 | $52,690,000 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $4,816,514 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | — | $503,905 | $617,035 | $919,932 | — | +0.9% |
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.