6901 OLD BEE CAVES RD TX
| Owner | SUSSEX SHILOH TIC LLC ETAL |
|---|---|
| Parcel ID | 0406380414 |
| Short ID | 308771 |
| Type | Real |
| Use Code | 08 Apartment 100+ Units |
| Valuation | Income |
| Improvement SF | 267,928 SF |
| Land SF | 789,782 SF |
| Acres | 18.131 |
| Year Built | 2021 |
| Legal | ABS 28 SUR 93 ANDERSON T ACR 18.1309 |
| Neighborhood | 08SW1 |
| Land | $2,961,683 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,961,683 |
| Improvement | $62,518,317 |
|---|---|
| Total Improvement | $62,518,317 |
| Market | $65,480,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $65,480,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $65,480,000 |
| Taxable Value | $65,480,000 |
|---|
Appreciation: Market value has risen +15388.5% from $422,766 (2021) to $65,480,000 (2025), a CAGR of 252.8% 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 2.0465% in 2025 (+0.0647% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $1,340,038. 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 5% of market value ($2,961,683 land vs $62,518,317 improvements), about $4/SF of land. Most value sits in the improvements, so building condition, age (~5 yrs), and rent roll drive the underwriting.
Submarket Position: At $65,480,000, 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 +252.8% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $35,778,278,726 by 2030, with an estimated annual tax burden around $673,970,642. 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 | 267,928 SF | ✓ |
Market value changed by 726% 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 |
|---|---|---|---|---|---|---|---|---|---|
| IAU Austin ISD | 1.0617% | 0.9966% | 0.8595% | 0.9505% | 0.9252% | -0.0253% | $605,820.96 | $605,820.96 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $343,126.33 | $343,126.33 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $246,103.31 | $246,103.31 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $77,281.46 | $77,281.46 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $67,706.32 | $67,706.32 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $1,340,038.38 | $1,340,038.38 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $65,128,143 | $65,480,000 | -0.5% |
| Assessed Value | $65,128,143 | $65,480,000 | -0.5% |
| Land Value | $2,961,683 | $2,961,683 | +0.0% |
| Improvement Value | $62,166,460 | $62,518,317 | -0.6% |
| Taxable Value | $65,128,143 | $65,480,000 | -0.5% |
| Total Tax 2026 = estimate |
~$1,332,838
Estimated
|
~$1,340,038
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $65,128,143 | $65,128,143 | +0 (+0.0%) |
| Taxable Value | $65,128,143 | $65,128,143 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $65,128,143 | $2,961,683 | $62,166,460 | — | $65,128,143 | $65,128,143 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $65,480,000 | $2,961,683 | $62,518,317 | — | $65,480,000 | $65,480,000 | ~$1,340,038 | Partial |
| 2024 | $110,000,000 | — | — | −$107,038,317 | $2,961,683 | $— | $1,427,775 | Verified |
| 2023 | $101,100,000 | — | — | −$98,138,317 | $2,961,683 | $— | $1,990,172 | Verified |
| 2022 | $12,242,069 | — | — | −$9,280,386 | $2,961,683 | $— | $1,996,647 | Verified |
| 2021 | $422,766 | — | — | — | $2,961,683 ! | $— | $266,471 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -0.5% | -0.5% | ~100% | Not available | Partial |
| 2025 | -9.1% | -9.1% | ~100% | Not available | Partial |
| 2024 | -34.5% | -34.5% | ~100% | 1.9800% | Verified |
| 2023 | +8.8% | +8.8% | ~100% | 1.8100% | Verified |
| 2022 | +725.8% ! | +725.8% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 63.0300% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +434.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -0.5% | +697.9% | +253.2% | +2795.7% | 2022 | -40.5% | 2025 |
| Assessment Ratio | 100.0% | 155.0% | — | 700.5% | 2021 | 2.7% | 2024 |
| Effective Tax Rate (2025) | 2.0500% | 2.0500% | — | 2.0500% | 2025 | 2.0500% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$1,340,038 | $1,404,220 | ~$189,028,617 | $1,996,647 | 2022 | $266,471 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$230,999,386 | ~$230,999,386 | ~2.0139% | ~$4,652,181 | +252.8% |
| 2027 | ~$814,916,253 | ~$814,916,253 | ~1.9814% | ~$16,146,653 | +1144.5% |
| 2028 | ~$2,874,849,633 | ~$2,874,849,633 | ~1.9488% | ~$56,026,205 | +4290.4% |
| 2029 | ~$10,141,852,467 | ~$10,141,852,467 | ~1.9163% | ~$194,347,406 | +15388.5% |
| 2030 | ~$35,778,278,726 | ~$35,778,278,726 | ~1.8837% | ~$673,970,642 | +54540.0% |
| 2026 | ~$229,689,786 | ~$229,689,786 | ~2.0465% | ~$4,700,567 | +250.8% |
| 2027 | ~$805,702,470 | ~$805,702,470 | ~2.0465% | ~$16,488,580 | +1130.5% |
| 2028 | ~$2,826,231,333 | ~$2,826,231,333 | ~2.0465% | ~$57,838,400 | +4216.2% |
| 2029 | ~$9,913,812,914 | ~$9,913,812,914 | ~2.0465% | ~$202,884,694 | +15040.2% |
| 2030 | ~$34,775,527,869 | ~$34,775,527,869 | ~2.0465% | ~$711,675,962 | +53008.6% |
| 2026 | ~$232,308,986 | ~$232,308,986 | ~1.9977% | ~$4,640,749 | +254.8% |
| 2027 | ~$824,182,421 | ~$824,182,421 | ~1.9488% | ~$16,061,993 | +1158.7% |
| 2028 | ~$2,924,022,331 | ~$2,924,022,331 | ~1.9000% | ~$55,556,914 | +4365.5% |
| 2029 | ~$10,373,803,639 | ~$10,373,803,639 | ~1.8512% | ~$192,039,231 | +15742.7% |
| 2030 | ~$36,804,028,749 | ~$36,804,028,749 | ~1.8024% | ~$663,345,233 | +56106.5% |
In 2025, this property's market value of $65,480,000 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 126× 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 | $65,480,000 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $110,000,000 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $101,100,000 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $12,242,069 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $422,766 | $300,453 | $376,850 | $539,896 | ↑ Above median | 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.