4201 MONTEREY OAKS BLVD TX 78749
| Owner | NORTHLAND SEDONA SPRINGS LLC |
|---|---|
| Parcel ID | 0410231002 |
| Short ID | 372192 |
| Type | Real |
| Use Code | 08 Apartment 100+ Units |
| Valuation | Income |
| Improvement SF | 370,072 SF |
| Land SF | 1,364,386 SF |
| Acres | 31.322 |
| Year Built | 1995 |
| Legal | LOT 2 BLK B WESTFIELD CENTER SEC 1 |
| Neighborhood | 08SW |
| Land | $13,643,863 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $13,643,863 |
| Improvement | $66,356,137 |
|---|---|
| Total Improvement | $66,356,137 |
| Market | $80,000,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $80,000,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $80,000,000 |
| Taxable Value | $80,000,000 |
|---|
Appreciation: Market value has risen +25.1% from $63,930,000 (2021) to $80,000,000 (2025), a CAGR of 5.8% 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 $1,637,188. 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 17% of market value ($13,643,863 land vs $66,356,137 improvements), about $10/SF of land. Most value sits in the improvements, so building condition, age (~31 yrs), and rent roll drive the underwriting.
Submarket Position: At $80,000,000, 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 +5.8% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $105,881,867 by 2030, with an estimated annual tax burden around $1,994,542. 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.
19 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| SO | Sketch Only | 338,639 SF | ✗ |
| 2ND | 2nd Floor | 157,128 SF | ✓ |
| 1ST | 1st Floor | 132,234 SF | ✓ |
| 3RD | 3rd Floor | 80,710 SF | ✓ |
| 041C | GARAGE ATT 1ST COMM | 34,740 SF | ✓ |
| 011C | PORCH OPEN 1ST COMM | 32,551 SF | ✗ |
| 012C | PORCH OPEN 2 COMM | 29,924 SF | ✗ |
| 013C | PORCH OPEN 3 COMM | 11,788 SF | ✗ |
| 051C | CARPORT DET 1ST COMM | 10,044 SF | ✗ |
| 412 | TENNIS COURT | 6,600 SF | ✗ |
| 611 | TERRACE | 2,861 SF | ✗ |
| 601 | POOL COMM'L | 2,534 SF | ✗ |
| 571C | STORAGE DET COMM | 1,154 SF | ✓ |
| 482 | LIGHT POLES | 28 SF | ✓ |
| MISC | Miscellaneous | 12 SF | ✓ |
| 192 | WATER HTR AVG | 1 SF | ✓ |
| 213 | URINAL SUP | 1 SF | ✓ |
| 223 | FOUNTAIN WTR SUP | 1 SF | ✓ |
| 549 | FENCE COMM 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% | $740,160.00 | $740,160.00 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $419,213.60 | $419,213.60 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $300,676.00 | $300,676.00 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $94,418.40 | $94,418.40 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $82,720.00 | $82,720.00 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $1,637,188.00 | $1,637,188.00 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $73,430,000 | $80,000,000 | -8.2% |
| Assessed Value | $73,430,000 | $80,000,000 | -8.2% |
| Land Value | $13,643,863 | $13,643,863 | +0.0% |
| Improvement Value | $59,786,137 | $66,356,137 | -9.9% |
| Taxable Value | $73,430,000 | $80,000,000 | -8.2% |
| Total Tax 2026 = estimate |
~$1,502,734
Estimated
|
~$1,637,188
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $73,430,000 | $73,430,000 | +0 (+0.0%) |
| Taxable Value | $73,430,000 | $73,430,000 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $73,430,000 | $13,643,863 | $59,786,137 | — | $73,430,000 | $73,430,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $80,000,000 | $13,643,863 | $66,356,137 | — | $80,000,000 | $80,000,000 | ~$1,637,188 | Partial |
| 2024 | $101,385,000 | — | — | −$87,741,137 | $13,643,863 | $— | $1,846,456 | Verified |
| 2023 | $91,000,000 | — | — | −$82,813,682 | $8,186,318 | $— | $1,834,305 | Verified |
| 2022 | $65,800,000 | — | — | −$57,613,682 | $8,186,318 | $— | $1,797,180 | Verified |
| 2021 | $63,930,000 | — | — | −$55,743,682 | $8,186,318 | $— | $1,381,841 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -8.2% | -8.2% | ~100% | Not available | Partial |
| 2025 | -14.1% | -14.1% | ~100% | Not available | Partial |
| 2024 | -8.1% | -8.1% | ~100% | 1.9800% | Verified |
| 2023 | +11.4% | +11.4% | ~100% | 1.8100% | Verified |
| 2022 | +38.3% | +38.3% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1600% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +21.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -8.2% | +4.7% | +7.7% | +38.3% | 2023 | -21.1% | 2025 |
| Assessment Ratio | 100.0% | 41.3% | — | 100.0% | 2025 | 9.0% | 2023 |
| 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 |
$1,637,188 | $1,699,394 | ~$1,846,954 | $1,846,456 | 2024 | $1,381,841 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$84,612,847 | ~$84,612,847 | ~2.0139% | ~$1,704,049 | +5.8% |
| 2027 | ~$89,491,673 | ~$89,491,673 | ~1.9814% | ~$1,773,177 | +11.9% |
| 2028 | ~$94,651,816 | ~$94,651,816 | ~1.9488% | ~$1,844,612 | +18.3% |
| 2029 | ~$100,109,495 | ~$100,109,495 | ~1.9163% | ~$1,918,389 | +25.1% |
| 2030 | ~$105,881,867 | ~$105,881,867 | ~1.8837% | ~$1,994,542 | +32.4% |
| 2026 | ~$83,012,847 | ~$83,012,847 | ~2.0465% | ~$1,698,845 | +3.8% |
| 2027 | ~$86,139,159 | ~$86,139,159 | ~2.0465% | ~$1,762,825 | +7.7% |
| 2028 | ~$89,383,211 | ~$89,383,211 | ~2.0465% | ~$1,829,214 | +11.7% |
| 2029 | ~$92,749,435 | ~$92,749,435 | ~2.0465% | ~$1,898,103 | +15.9% |
| 2030 | ~$96,242,433 | ~$96,242,433 | ~2.0465% | ~$1,969,587 | +20.3% |
| 2026 | ~$86,212,847 | ~$86,212,847 | ~1.9977% | ~$1,722,241 | +7.8% |
| 2027 | ~$92,908,187 | ~$92,908,187 | ~1.9488% | ~$1,810,631 | +16.1% |
| 2028 | ~$100,123,491 | ~$100,123,491 | ~1.9000% | ~$1,902,363 | +25.2% |
| 2029 | ~$107,899,140 | ~$107,899,140 | ~1.8512% | ~$1,997,422 | +34.9% |
| 2030 | ~$116,278,651 | ~$116,278,651 | ~1.8024% | ~$2,095,773 | +45.3% |
In 2025, this property's market value of $80,000,000 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 154× 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 | $80,000,000 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $101,385,000 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $91,000,000 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $65,800,000 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $63,930,000 | $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.