6701 RIALTO BLVD TX 78735
| Owner | IMP OAK HILL HP |
|---|---|
| Parcel ID | 0407370134 |
| Short ID | 865131 |
| Type | Real |
| Use Code | 08 Apartment 100+ Units |
| Valuation | Income |
| Improvement SF | 359,339 SF |
| Land SF | 1,027,755 SF |
| Acres | 23.594 |
| Year Built | 2018 |
| Legal | LOT 9B BLK A RIALTO PARK AT LANTANA RESUB LT 9 BLK A |
| Neighborhood | 08SW1 |
| Land | $4,111,019 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $4,111,019 |
| Improvement | $101,008,981 |
|---|---|
| Total Improvement | $101,008,981 |
| Market | $105,120,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $105,120,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $105,120,000 |
| Taxable Value | $105,120,000 |
|---|
Appreciation: Market value has risen +32.4% from $79,400,000 (2021) to $105,120,000 (2025), a CAGR of 7.3% over 4 years. This represents moderate, steady growth. 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 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 $2,151,265. 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 4% of market value ($4,111,019 land vs $101,008,981 improvements), about $4/SF of land. Most value sits in the improvements, so building condition, age (~8 yrs), and rent roll drive the underwriting.
Submarket Position: At $105,120,000, 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 +7.3% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $149,285,083 by 2030, with an estimated annual tax burden around $2,812,147. 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 | 359,339 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% | $972,570.24 | $972,570.24 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $550,846.67 | $550,846.67 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $395,088.26 | $395,088.26 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $124,065.78 | $124,065.78 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $108,694.08 | $108,694.08 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $2,151,265.03 | $2,151,265.03 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $96,460,000 | $105,120,000 | -8.2% |
| Assessed Value | $96,460,000 | $105,120,000 | -8.2% |
| Land Value | $4,111,019 | $4,111,019 | +0.0% |
| Improvement Value | $92,348,981 | $101,008,981 | -8.6% |
| Taxable Value | $96,460,000 | $105,120,000 | -8.2% |
| Total Tax 2026 = estimate |
~$1,974,039
Estimated
|
~$2,151,265
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $101,656,970 | $96,460,000 | -5,196,970 (-5.1%) |
| Taxable Value | $101,656,970 | $96,460,000 | -5,196,970 (-5.1%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $96,460,000 | $4,111,019 | $92,348,981 | — | $96,460,000 | $96,460,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $105,120,000 | $4,111,019 | $101,008,981 | — | $105,120,000 | $105,120,000 | ~$2,151,265 | Partial |
| 2024 | $129,670,000 | — | — | −$125,558,981 | $4,111,019 | $— | $1,975,361 | Verified |
| 2023 | $115,490,000 | — | — | −$111,378,981 | $4,111,019 | $— | $1,966,800 | Verified |
| 2022 | $80,000,000 | — | — | −$75,304,232 | $4,695,768 | $— | $1,896,400 | Verified |
| 2021 | $79,400,000 | — | — | −$74,704,232 | $4,695,768 | $— | $1,743,508 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -3.3% | -3.3% | ~100% | Not available | Partial |
| 2025 | -7.4% | -7.4% | ~100% | Not available | Partial |
| 2024 | -12.5% | -12.5% | ~100% | 1.7400% | Verified |
| 2023 | +12.3% | +12.3% | ~100% | 1.5200% | Verified |
| 2022 | +40.7% | +40.7% | ~100% | 1.6400% | Verified |
| 2021 | base year | — | ~100% | 2.2000% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +28.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -8.2% | +6.1% | +9.2% | +44.4% | 2023 | -18.9% | 2025 |
| Assessment Ratio | 100.0% | 36.4% | — | 100.0% | 2025 | 3.2% | 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 |
$2,151,265 | $1,946,667 | ~$2,535,002 | $2,151,265 | 2025 | $1,743,508 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$112,759,091 | ~$112,759,091 | ~2.0139% | ~$2,270,896 | +7.3% |
| 2027 | ~$120,953,315 | ~$120,953,315 | ~1.9814% | ~$2,396,554 | +15.1% |
| 2028 | ~$129,743,016 | ~$129,743,016 | ~1.9488% | ~$2,528,483 | +23.4% |
| 2029 | ~$139,171,466 | ~$139,171,466 | ~1.9163% | ~$2,666,930 | +32.4% |
| 2030 | ~$149,285,083 | ~$149,285,083 | ~1.8837% | ~$2,812,147 | +42.0% |
| 2026 | ~$110,656,691 | ~$110,656,691 | ~2.0465% | ~$2,264,573 | +5.3% |
| 2027 | ~$116,485,000 | ~$116,485,000 | ~2.0465% | ~$2,383,848 | +10.8% |
| 2028 | ~$122,620,287 | ~$122,620,287 | ~2.0465% | ~$2,509,406 | +16.6% |
| 2029 | ~$129,078,721 | ~$129,078,721 | ~2.0465% | ~$2,641,577 | +22.8% |
| 2030 | ~$135,877,322 | ~$135,877,322 | ~2.0465% | ~$2,780,709 | +29.3% |
| 2026 | ~$114,861,491 | ~$114,861,491 | ~1.9977% | ~$2,294,545 | +9.3% |
| 2027 | ~$125,505,727 | ~$125,505,727 | ~1.9488% | ~$2,445,905 | +19.4% |
| 2028 | ~$137,136,367 | ~$137,136,367 | ~1.9000% | ~$2,605,614 | +30.5% |
| 2029 | ~$149,844,820 | ~$149,844,820 | ~1.8512% | ~$2,773,918 | +42.5% |
| 2030 | ~$163,730,969 | ~$163,730,969 | ~1.8024% | ~$2,951,040 | +55.8% |
In 2025, this property's market value of $105,120,000 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 202× 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 | $105,120,000 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $129,670,000 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $115,490,000 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $80,000,000 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $79,400,000 | $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.