2422 WESTERN TRAILS BLVD TX 78745
| Owner | WESTERN TRAILS ESSENTIAL HOUSING LP |
|---|---|
| Parcel ID | 0408110910 |
| Short ID | 509163 |
| Type | Real |
| Use Code | 07 Apartment 50–100 Units |
| Valuation | Income |
| Improvement SF | 59,907 SF |
| Land SF | 120,131 SF |
| Acres | 2.758 |
| Year Built | 1978 |
| Legal | LOT 2 RESUB LT 2 RESUB OF BLK B FRONTIER VILLAGE SEC 2 |
| Neighborhood | 08TC |
| Land | $3,003,275 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $3,003,275 |
| Improvement | $10,304,808 |
|---|---|
| Total Improvement | $10,304,808 |
| Market | $13,308,083 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $13,308,083 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $13,308,083 |
| Taxable Value | $13,308,083 |
|---|
Appreciation: Market value has risen +404.2% from $2,639,570 (2021) to $13,308,083 (2025), a CAGR of 49.8% 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 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 $272,348. 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 23% of market value ($3,003,275 land vs $10,304,808 improvements), about $25/SF of land. Most value sits in the improvements, so building condition, age (~48 yrs), and rent roll drive the underwriting.
Submarket Position: At $13,308,083, 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 +49.9% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $100,541,046 by 2030, with an estimated annual tax burden around $403,739. 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.
21 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| SO | Sketch Only | 98,704 SF | ✗ |
| 551 | PAVED AREA | 36,400 SF | ✗ |
| 1ST | 1st Floor | 19,969 SF | ✓ |
| 2ND | 2nd Floor | 19,969 SF | ✓ |
| 3RD | 3rd Floor | 19,969 SF | ✓ |
| MISC | Miscellaneous | 3,593 SF | ✓ |
| 011C | PORCH OPEN 1ST COMM | 3,010 SF | ✗ |
| 012C | PORCH OPEN 2 COMM | 2,918 SF | ✗ |
| 013C | PORCH OPEN 3 COMM | 2,918 SF | ✗ |
| 501 | CANOPY | 1,155 SF | ✗ |
| 327 | STORAGE COMM'L | 800 SF | ✓ |
| 581C | STORAGE ATT COMM | 63 SF | ✓ |
| 482 | LIGHT POLES | 3 SF | ✓ |
| 413 | STAIRWAY EXT | 3 SF | ✓ |
| 132 | PLBG 5-FIXT AVG | 1 SF | ✓ |
| 152 | COMMODE AVG | 1 SF | ✓ |
| 162 | LAVATORY AVG | 1 SF | ✓ |
| 192 | WATER HTR AVG | 1 SF | ✓ |
| 222 | FOUNTAIN WTR AVG | 1 SF | ✓ |
| 269 | OBS RANGE DRP-IN | 1 SF | ✓ |
| 276 | ELEVATOR COM PAS | 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% | $61,563.19 | $61,563.19 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $34,868.31 | $34,868.31 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $25,008.88 | $25,008.88 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $7,853.30 | $7,853.30 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $6,880.28 | $6,880.28 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $136,173.96 | $136,173.96 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $13,620,000 | $13,308,083 | +2.3% |
| Assessed Value | $13,620,000 | $13,308,083 | +2.3% |
| Land Value | $3,003,275 | $3,003,275 | +0.0% |
| Improvement Value | $10,616,725 | $10,304,808 | +3.0% |
| Taxable Value | $6,810,000 | $13,308,083 | -48.8% |
| Exemptions | — | I | |
| Total Tax 2026 = estimate |
~$139,366
Estimated
|
~$136,174
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $17,057,238 | $13,620,000 | -3,437,238 (-20.2%) |
| Taxable Value | $17,057,238 | $6,810,000 | -10,247,238 (-60.1%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $13,620,000 | $3,003,275 | $10,616,725 | — | $13,620,000 | $6,810,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $13,308,083 | $3,003,275 | $10,304,808 | — | $13,308,083 | $13,308,083 | ~$136,174 | Partial |
| 2024 | $10,087,226 | — | — | −$7,083,951 | $3,003,275 | $— | $118,017 | Verified |
| 2023 | $8,159,882 | — | — | −$5,156,607 | $3,003,275 | $— | $91,251 | Verified |
| 2022 | $7,191,241 | — | — | −$4,187,966 | $3,003,275 | $— | $80,576 | Verified |
| 2021 | $2,639,570 | — | — | — | — | $— | $78,265 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +28.2% | +28.2% | ~100% | Not available | Partial |
| 2025 | +11.7% | +11.7% | ~100% | Not available | Partial |
| 2024 | +18.1% | +18.1% | ~100% | 0.9900% | Verified |
| 2023 | +23.6% | +23.6% | ~100% | 0.9000% | Verified |
| 2022 | +13.5% | +13.5% | ~100% | 0.9900% | Verified |
| 2021 | base year | — | ~100% | 2.9700% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +85.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +2.3% | +48.7% | +49.2% | +172.4% | 2022 | +2.3% | 2026 |
| Assessment Ratio | 100.0% | 61.7% | — | 100.0% | 2025 | 29.8% | 2024 |
| Effective Tax Rate (2025) | 1.0200% | 1.0200% | — | 1.0200% | 2025 | 1.0200% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$136,174 | $100,857 | ~$347,238 | $136,174 | 2025 | $78,265 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$19,941,650 | ~$14,638,891 | ~2.0139% | ~$294,818 | +49.8% |
| 2027 | ~$29,881,793 | ~$16,102,780 | ~1.9814% | ~$319,059 | +124.5% |
| 2028 | ~$44,776,716 | ~$17,713,058 | ~1.9488% | ~$345,199 | +236.5% |
| 2029 | ~$67,096,184 | ~$19,484,364 | ~1.9163% | ~$373,377 | +404.2% |
| 2030 | ~$100,541,046 | ~$21,432,801 | ~1.8837% | ~$403,739 | +655.5% |
| 2026 | ~$19,675,488 | ~$14,638,891 | ~2.0465% | ~$299,583 | +47.8% |
| 2027 | ~$29,089,451 | ~$16,102,780 | ~2.0465% | ~$329,541 | +118.6% |
| 2028 | ~$43,007,632 | ~$17,713,058 | ~2.0465% | ~$362,495 | +223.2% |
| 2029 | ~$63,585,127 | ~$19,484,364 | ~2.0465% | ~$398,745 | +377.8% |
| 2030 | ~$94,008,159 | ~$21,432,801 | ~2.0465% | ~$438,619 | +606.4% |
| 2026 | ~$20,207,811 | ~$14,638,891 | ~1.9977% | ~$292,436 | +51.8% |
| 2027 | ~$30,684,783 | ~$16,102,780 | ~1.9488% | ~$313,817 | +130.6% |
| 2028 | ~$46,593,660 | ~$17,713,058 | ~1.9000% | ~$336,551 | +250.1% |
| 2029 | ~$70,750,677 | ~$19,484,364 | ~1.8512% | ~$360,693 | +431.6% |
| 2030 | ~$107,432,177 | ~$21,432,801 | ~1.8024% | ~$386,299 | +707.3% |
In 2025, this property's market value of $13,308,083 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 26× 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 | $13,308,083 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $10,087,226 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $8,159,882 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $7,191,241 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $2,639,570 | $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.