412 W ALPINE RD TX 78653
| Owner | 412 ALPINE LLC |
|---|---|
| Parcel ID | 0407030237 |
| Short ID | 309741 |
| Type | Real |
| Use Code | 06 Apartment 26–49 Units |
| Valuation | Income |
| Improvement SF | 16,632 SF |
| Land SF | 43,299 SF |
| Acres | 0.994 |
| Year Built | 1981 |
| Legal | ABS 8 SUR 20 DECKER I ACR .9940 |
| Neighborhood | 06SC1 |
| Land | $2,164,932 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,164,932 |
| Improvement | $2,265,068 |
|---|---|
| Total Improvement | $2,265,068 |
| Market | $4,430,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $4,430,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $4,430,000 |
| Taxable Value | $4,430,000 |
|---|
Appreciation: Market value has risen +36.6% from $3,243,240 (2021) to $4,430,000 (2025), a CAGR of 8.1% over 4 years. This is strong appreciation — well above typical inflation. Growth has been fairly evenly spread across these years rather than concentrated in one jump. Over the same span, the median Multi-Family parcel countywide rose +37.9%, so this parcel has lagged 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 $90,659. 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 49% of market value ($2,164,932 land vs $2,265,068 improvements), about $50/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $4,430,000, 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 +8.1% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $6,541,608 by 2030, with an estimated annual tax burden around $123,227. 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.
15 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| SO | Sketch Only | 36,504 SF | ✗ |
| 551 | PAVED AREA | 18,990 SF | ✗ |
| 1ST | 1st Floor | 8,784 SF | ✓ |
| 2ND | 2nd Floor | 7,848 SF | ✓ |
| 591 | MASONRY TRIM SF | 3,725 SF | ✗ |
| 611 | TERRACE | 1,920 SF | ✗ |
| 012C | PORCH OPEN 2 COMM | 864 SF | ✗ |
| 581C | STORAGE ATT COMM | 360 SF | ✓ |
| 011C | PORCH OPEN 1ST COMM | 96 SF | ✗ |
| MISC | Miscellaneous | 2 SF | ✓ |
| 132 | PLBG 5-FIXT AVG | 1 SF | ✓ |
| 182 | SINK AVG | 1 SF | ✓ |
| 242 | OBS OVEN/BURN | 1 SF | ✓ |
| 413 | STAIRWAY EXT | 1 SF | ✓ |
| 521 | FIREPLACE | 1 SF | ✓ |
| Entity | 2024 Rate | 2025 Rate | Rate Effect |
|---|---|---|---|
| City of Austin | 0.4776% | 0.5240% | +2,056 |
| Travis County | 0.3444% | 0.3758% | +1,391 |
| Austin ISD | 0.9505% | 0.9252% | -1,121 |
| Travis Central Health | 0.1080% | 0.1180% | +445 |
| Austin Community College | 0.1013% | 0.1034% | +93 |
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% | $40,986.36 | $35,157.60 | $5,828.76 |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $23,213.95 | $19,912.64 | $3,301.31 |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $16,649.93 | $14,282.11 | $2,367.82 |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $5,228.42 | $4,484.88 | $743.54 |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $4,580.62 | $3,929.20 | $651.42 |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $90,659.28 | $77,766.43 | $12,892.85 |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $4,371,481 | $4,430,000 | -1.3% |
| Assessed Value | $4,371,481 | $4,430,000 | -1.3% |
| Land Value | $2,164,932 | $2,164,932 | +0.0% |
| Improvement Value | $2,206,549 | $2,265,068 | -2.6% |
| Taxable Value | $4,371,481 | $4,430,000 | -1.3% |
| Total Tax 2026 = estimate |
~$89,462
Estimated
|
$90,659 | ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $4,371,481 | $4,371,481 | +0 (+0.0%) |
| Taxable Value | $4,371,481 | $4,371,481 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $4,371,481 | $2,164,932 | $2,206,549 | — | $4,371,481 | $4,371,481 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $4,430,000 | $2,164,932 | $2,265,068 | — | $4,430,000 | $4,430,000 | $90,659 | Verified |
| 2024 | $3,991,680 | — | — | −$1,826,748 | $2,164,932 | $— | $74,093 | Verified |
| 2023 | $3,742,200 | — | — | −$1,577,268 | $2,164,932 | $— | $72,219 | Verified |
| 2022 | $3,326,400 | — | — | −$1,161,468 | $2,164,932 | $— | $73,906 | Verified |
| 2021 | $3,243,240 | — | — | −$1,078,308 | $2,164,932 | $— | $72,405 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -1.3% | -1.3% | ~100% | Not available | Partial |
| 2025 | -0.6% | -0.6% | ~100% | 2.0500% | Verified |
| 2024 | +11.6% | +11.6% | ~100% | 1.6600% | Verified |
| 2023 | +6.7% | +6.7% | ~100% | 1.8100% | Verified |
| 2022 | +12.5% | +12.5% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.2300% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +33.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -1.3% | +6.3% | +8.4% | +12.5% | 2023 | -1.3% | 2026 |
| Assessment Ratio | 100.0% | 74.0% | — | 100.0% | 2025 | 54.2% | 2024 |
| Effective Tax Rate (2025) | 2.0500% | 2.0500% | — | 2.0500% | 2025 | 2.0500% | 2025 |
| Tax Amount | $90,659 | $76,656 | ~$109,460 | $90,659 | 2025 | $72,219 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$4,789,166 | ~$4,789,166 | ~2.0139% | ~$96,451 | +8.1% |
| 2027 | ~$5,177,452 | ~$5,177,452 | ~1.9814% | ~$102,585 | +16.9% |
| 2028 | ~$5,597,218 | ~$5,597,218 | ~1.9488% | ~$109,081 | +26.3% |
| 2029 | ~$6,051,017 | ~$6,051,017 | ~1.9163% | ~$115,955 | +36.6% |
| 2030 | ~$6,541,608 | ~$6,541,608 | ~1.8837% | ~$123,227 | +47.7% |
| 2026 | ~$4,700,566 | ~$4,700,566 | ~2.0465% | ~$96,196 | +6.1% |
| 2027 | ~$4,987,657 | ~$4,987,657 | ~2.0465% | ~$102,072 | +12.6% |
| 2028 | ~$5,292,282 | ~$5,292,282 | ~2.0465% | ~$108,306 | +19.5% |
| 2029 | ~$5,615,513 | ~$5,615,513 | ~2.0465% | ~$114,921 | +26.8% |
| 2030 | ~$5,958,485 | ~$5,958,485 | ~2.0465% | ~$121,940 | +34.5% |
| 2026 | ~$4,877,766 | ~$4,873,000 | ~1.9977% | ~$97,346 | +10.1% |
| 2027 | ~$5,370,790 | ~$5,360,300 | ~1.9488% | ~$104,464 | +21.2% |
| 2028 | ~$5,913,647 | ~$5,896,330 | ~1.9000% | ~$112,031 | +33.5% |
| 2029 | ~$6,511,374 | ~$6,485,963 | ~1.8512% | ~$120,068 | +47.0% |
| 2030 | ~$7,169,517 | ~$7,134,559 | ~1.8024% | ~$128,591 | +61.8% |
In 2025, this property's market value of $4,430,000 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 9× 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 | $4,430,000 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $3,991,680 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $3,742,200 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $3,326,400 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $3,243,240 | $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.