8715 W STATE HY 71 TX 78736
| Owner | PPF AMLI COVERED BRIDGE DRIVE LLC |
|---|---|
| Parcel ID | 0402480330 |
| Short ID | 836646 |
| Type | Real |
| Use Code | 08 Apartment 100+ Units |
| Valuation | Income |
| Improvement SF | 312,134 SF |
| Land SF | 1,387,734 SF |
| Acres | 31.858 |
| Year Built | 2015 |
| Legal | LOT 4A-9A COVERED BRIDGE WHITECROWE SUBD |
| Neighborhood | 08SW1 |
| Land | $13,251,762 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $13,251,762 |
| Improvement | $70,108,238 |
|---|---|
| Total Improvement | $70,108,238 |
| Market | $83,360,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $83,360,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $83,360,000 |
| Taxable Value | $83,360,000 |
|---|
Appreciation: Market value has risen +39941.9% from $208,182 (2021) to $83,360,000 (2025), a CAGR of 347.3% 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 5 taxing entities is 2.0465% in 2025 (+0.0647% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $1,705,950. Austin ISD is the largest single contributor, at 45.2% 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 16% of market value ($13,251,762 land vs $70,108,238 improvements), about $10/SF of land. Most value sits in the improvements, so building condition, age (~11 yrs), and rent roll drive the underwriting.
Submarket Position: At $83,360,000, 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 +347.3% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $149,314,116,135 by 2030, with an estimated annual tax burden around $2,812,693,464. 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.
18 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| SO | Sketch Only | 327,723 SF | ✗ |
| 2ND | 2nd Floor | 107,836 SF | ✓ |
| 1ST | 1st Floor | 102,917 SF | ✓ |
| 3RD | 3rd Floor | 101,381 SF | ✓ |
| 4TH | 4th Floor | 34,395 SF | ✓ |
| 011C | PORCH OPEN 1ST COMM | 15,628 SF | ✗ |
| 012C | PORCH OPEN 2 COMM | 14,656 SF | ✗ |
| 013C | PORCH OPEN 3 COMM | 14,656 SF | ✗ |
| 049 | GARAGE ATT FV | 9,122 SF | ✓ |
| BELOW | Below | 6,469 SF | ✓ |
| 034 | GARAGE DET CLASS | 4,620 SF | ✓ |
| 611 | TERRACE | 4,334 SF | ✗ |
| 016 | PORCH OPEN BASMT | 2,500 SF | ✗ |
| 601 | POOL COMM'L | 2,336 SF | ✗ |
| 581C | STORAGE ATT COMM | 996 SF | ✓ |
| 501 | CANOPY | 786 SF | ✗ |
| MISC | Miscellaneous | 12 SF | ✓ |
| 410 | OUTDOOR KITCHEN | 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 |
|---|---|---|---|---|---|---|---|---|---|
| IAU Austin ISD | 1.0617% | 0.9966% | 0.8595% | 0.9505% | 0.9252% | -0.0253% | $730,908.00 | $730,908.00 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $413,973.43 | $413,973.43 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $296,917.55 | $296,917.55 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $93,238.17 | $93,238.17 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $81,686.00 | $81,686.00 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $1,616,723.15 | $1,616,723.15 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $75,000,000 | $83,360,000 | -10.0% |
| Assessed Value | $75,000,000 | $83,360,000 | -10.0% |
| Land Value | $13,251,762 | $13,251,762 | +0.0% |
| Improvement Value | $61,748,238 | $70,108,238 | -11.9% |
| Taxable Value | $75,000,000 | $83,360,000 | -10.0% |
| Total Tax 2026 = estimate |
~$1,534,864
Estimated
|
~$1,616,723
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $80,451,268 | $75,000,000 | -5,451,268 (-6.8%) |
| Taxable Value | $80,451,268 | $75,000,000 | -5,451,268 (-6.8%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $75,000,000 | $13,251,762 | $61,748,238 | — | $75,000,000 | $75,000,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $83,360,000 | $13,251,762 | $70,108,238 | — | $83,360,000 | $83,360,000 | ~$1,616,723 | Partial |
| 2024 | $105,330,000 | — | — | −$105,035,810 | $294,190 | $— | $1,709,293 | Verified |
| 2023 | $88,000,000 | — | — | −$87,705,810 | $294,190 | $— | $1,703,310 | Verified |
| 2022 | $65,459,079 | — | — | −$65,250,417 | $208,662 | $— | $1,745,710 | Verified |
| 2021 | $208,182 | — | — | — | $208,182 | $— | $1,429,226 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -3.5% | -3.5% | ~100% | Not available | Partial |
| 2025 | -8.3% | -8.3% | ~100% | Not available | Partial |
| 2024 | -18.1% | -18.1% | ~100% | 1.8800% | Verified |
| 2023 | +15.7% | +15.7% | ~100% | 1.5300% | Verified |
| 2022 | +37.7% | +37.7% | ~100% | 1.8200% | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +19.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -10.0% | +6273.3% | +357.3% | +31343.2% | 2022 | -20.9% | 2025 |
| Assessment Ratio | 100.0% | 50.1% | — | 100.0% | 2021 | 0.3% | 2022 |
| Effective Tax Rate (2025) | 1.9400% | 1.9400% | — | 1.9400% | 2025 | 1.9400% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$1,616,723 | $1,640,853 | ~$727,662,000 | $1,745,710 | 2022 | $1,429,226 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$372,894,810 | ~$372,894,810 | ~2.0139% | ~$7,509,865 | +347.3% |
| 2027 | ~$1,668,072,685 | ~$1,668,072,685 | ~1.9814% | ~$33,050,992 | +1901.0% |
| 2028 | ~$7,461,799,977 | ~$7,461,799,977 | ~1.9488% | ~$145,418,505 | +8851.3% |
| 2029 | ~$33,378,916,525 | ~$33,378,916,525 | ~1.9163% | ~$639,637,173 | +39941.9% |
| 2030 | ~$149,314,116,135 | ~$149,314,116,135 | ~1.8837% | ~$2,812,693,464 | +179019.6% |
| 2026 | ~$371,227,610 | ~$371,227,610 | ~2.0465% | ~$7,597,117 | +345.3% |
| 2027 | ~$1,653,190,236 | ~$1,653,190,236 | ~2.0465% | ~$33,832,290 | +1883.2% |
| 2028 | ~$7,362,162,423 | ~$7,362,162,423 | ~2.0465% | ~$150,665,550 | +8731.8% |
| 2029 | ~$32,785,963,982 | ~$32,785,963,982 | ~2.0465% | ~$670,959,835 | +39230.6% |
| 2030 | ~$146,005,938,534 | ~$146,005,938,534 | ~2.0465% | ~$2,987,989,631 | +175051.1% |
| 2026 | ~$374,562,010 | ~$374,562,010 | ~1.9977% | ~$7,482,484 | +349.3% |
| 2027 | ~$1,683,021,821 | ~$1,683,021,821 | ~1.9488% | ~$32,799,394 | +1919.0% |
| 2028 | ~$7,562,332,479 | ~$7,562,332,479 | ~1.9000% | ~$143,685,584 | +8971.9% |
| 2029 | ~$33,979,875,844 | ~$33,979,875,844 | ~1.8512% | ~$629,033,423 | +40662.8% |
| 2030 | ~$152,681,988,731 | ~$152,681,988,731 | ~1.8024% | ~$2,751,896,269 | +183059.8% |
In 2025, this property's market value of $83,360,000 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 160× 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 | $83,360,000 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $105,330,000 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $88,000,000 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $65,459,079 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $208,182 | $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.