4701 MONTEREY OAKS BLVD TX 78749
| Owner | NORTHLAND MONTEREY OAKS LLC |
|---|---|
| Parcel ID | 0408250208 |
| Short ID | 464973 |
| Type | Real |
| Use Code | 08 Apartment 100+ Units |
| Valuation | Income |
| Improvement SF | 411,314 SF |
| Land SF | 1,624,352 SF |
| Acres | 37.290 |
| Year Built | 1999 |
| Legal | LOT 1-3 & 5-6 BLK A WILLIAMSON POINTE & ABS 2 SUR 17 ANDERSON T ACR 0.384 |
| Neighborhood | 08SW |
| Land | $10,395,855 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $10,395,855 |
| Improvement | $93,104,145 |
|---|---|
| Total Improvement | $93,104,145 |
| Market | $103,500,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $103,500,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $103,500,000 |
| Taxable Value | $103,500,000 |
|---|
Appreciation: Market value has risen +29.5% from $79,930,000 (2021) to $103,500,000 (2025), a CAGR of 6.7% 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 $2,118,112. 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 10% of market value ($10,395,855 land vs $93,104,145 improvements), about $6/SF of land. Most value sits in the improvements, so building condition, age (~27 yrs), and rent roll drive the underwriting.
Submarket Position: At $103,500,000, 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 +6.7% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $142,964,602 by 2030, with an estimated annual tax burden around $2,693,085. 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.
27 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 491 | SPRINKLER HEADS | 412,500 SF | ✗ |
| 551 | PAVED AREA | 282,720 SF | ✗ |
| SO | Sketch Only | 185,544 SF | ✗ |
| 2ND | 2nd Floor | 144,446 SF | ✓ |
| 1ST | 1st Floor | 138,130 SF | ✓ |
| 3RD | 3rd Floor | 128,738 SF | ✓ |
| 011C | PORCH OPEN 1ST COMM | 39,259 SF | ✗ |
| 012C | PORCH OPEN 2 COMM | 38,473 SF | ✗ |
| 013C | PORCH OPEN 3 COMM | 33,057 SF | ✗ |
| 041C | GARAGE ATT 1ST COMM | 21,090 SF | ✓ |
| 581C | STORAGE ATT COMM | 7,350 SF | ✓ |
| 612C | TERRACE UNCOVERD COMM | 2,800 SF | ✗ |
| 051C | CARPORT DET 1ST COMM | 2,016 SF | ✗ |
| 602 | POOL RES CONC | 2,000 SF | ✗ |
| 031C | GARAGE DET 1ST COMM | 1,512 SF | ✓ |
| 403 | CARWASH DRIVE-THRU | 360 SF | ✓ |
| MISC | Miscellaneous | 7 SF | ✓ |
| 132 | PLBG 5-FIXT AVG | 1 SF | ✓ |
| 142 | BATHTUB AVG | 1 SF | ✓ |
| 152 | COMMODE AVG | 1 SF | ✓ |
| 182 | SINK AVG | 1 SF | ✓ |
| 192 | WATER HTR AVG | 1 SF | ✓ |
| 212 | URINAL AVG | 1 SF | ✓ |
| 222 | FOUNTAIN WTR AVG | 1 SF | ✓ |
| 447C | SPA CON COMM | 1 SF | ✗ |
| 522C | FIREPLACE COMM | 1 SF | ✓ |
| 539 | FENCE FV | 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% | $957,582.00 | $957,582.00 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $542,357.60 | $542,357.60 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $388,999.58 | $388,999.58 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $122,153.81 | $122,153.81 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $107,019.00 | $107,019.00 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $2,118,111.99 | $2,118,111.99 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $94,540,000 | $103,500,000 | -8.7% |
| Assessed Value | $94,540,000 | $103,500,000 | -8.7% |
| Land Value | $10,395,855 | $10,395,855 | +0.0% |
| Improvement Value | $84,144,145 | $93,104,145 | -9.6% |
| Taxable Value | $94,540,000 | $103,500,000 | -8.7% |
| Total Tax 2026 = estimate |
~$1,934,747
Estimated
|
~$2,118,112
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $94,540,000 | $94,540,000 | +0 (+0.0%) |
| Taxable Value | $94,540,000 | $94,540,000 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $94,540,000 | $10,395,855 | $84,144,145 | — | $94,540,000 | $94,540,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $103,500,000 | $10,395,855 | $93,104,145 | — | $103,500,000 | $103,500,000 | ~$2,118,112 | Partial |
| 2024 | $127,940,000 | — | — | −$117,544,145 | $10,395,855 | $— | $2,279,086 | Verified |
| 2023 | $114,800,000 | — | — | −$104,404,145 | $10,395,855 | $— | $2,314,751 | Verified |
| 2022 | $79,800,000 | — | — | −$69,404,145 | $10,395,855 | $— | $2,267,212 | Verified |
| 2021 | $79,930,000 | — | — | −$69,534,145 | $10,395,855 | $— | $1,682,453 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -8.7% | -8.7% | ~100% | Not available | Partial |
| 2025 | -10.0% | -10.0% | ~100% | Not available | Partial |
| 2024 | -10.1% | -10.1% | ~100% | 1.9800% | Verified |
| 2023 | +11.4% | +11.4% | ~100% | 1.8100% | Verified |
| 2022 | +43.9% | +43.9% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1000% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +29.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -8.7% | +5.5% | +8.7% | +43.9% | 2023 | -19.1% | 2025 |
| Assessment Ratio | 100.0% | 40.5% | — | 100.0% | 2025 | 8.1% | 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 |
$2,118,112 | $2,132,323 | ~$2,453,374 | $2,314,751 | 2023 | $1,682,453 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$110,407,349 | ~$110,407,349 | ~2.0139% | ~$2,223,534 | +6.7% |
| 2027 | ~$117,775,679 | ~$117,775,679 | ~1.9814% | ~$2,333,593 | +13.8% |
| 2028 | ~$125,635,755 | ~$125,635,755 | ~1.9488% | ~$2,448,439 | +21.4% |
| 2029 | ~$134,020,393 | ~$134,020,393 | ~1.9163% | ~$2,568,221 | +29.5% |
| 2030 | ~$142,964,602 | ~$142,964,602 | ~1.8837% | ~$2,693,085 | +38.1% |
| 2026 | ~$108,337,349 | ~$108,337,349 | ~2.0465% | ~$2,217,108 | +4.7% |
| 2027 | ~$113,400,785 | ~$113,400,785 | ~2.0465% | ~$2,320,730 | +9.6% |
| 2028 | ~$118,700,875 | ~$118,700,875 | ~2.0465% | ~$2,429,196 | +14.7% |
| 2029 | ~$124,248,678 | ~$124,248,678 | ~2.0465% | ~$2,542,731 | +20.0% |
| 2030 | ~$130,055,772 | ~$130,055,772 | ~2.0465% | ~$2,661,572 | +25.7% |
| 2026 | ~$112,477,349 | ~$112,477,349 | ~1.9977% | ~$2,246,918 | +8.7% |
| 2027 | ~$122,233,373 | ~$122,233,373 | ~1.9488% | ~$2,382,132 | +18.1% |
| 2028 | ~$132,835,612 | ~$132,835,612 | ~1.9000% | ~$2,523,899 | +28.3% |
| 2029 | ~$144,357,464 | ~$144,357,464 | ~1.8512% | ~$2,672,337 | +39.5% |
| 2030 | ~$156,878,695 | ~$156,878,695 | ~1.8024% | ~$2,827,536 | +51.6% |
In 2025, this property's market value of $103,500,000 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 199× 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 | $103,500,000 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $127,940,000 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $114,800,000 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $79,800,000 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $79,930,000 | $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.