714 TURTLE CREEK BLVD TX 78745
| Owner | 714 TURTLE CREEK LP |
|---|---|
| Parcel ID | 0416110755 |
| Short ID | 325496 |
| Type | Real |
| Use Code | 07 Apartment 50–100 Units |
| Valuation | Income |
| Improvement SF | 75,410 SF |
| Land SF | 233,482 SF |
| Acres | 5.360 |
| Year Built | 1984 |
| Legal | LOT 1 BLK AA TURTLE CREEK ESTATES SEC 2 |
| Neighborhood | 08SC2 |
| Land | $3,502,230 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $3,502,230 |
| Improvement | $8,397,770 |
|---|---|
| Total Improvement | $8,397,770 |
| Market | $11,900,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $11,900,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $11,900,000 |
| Taxable Value | $11,900,000 |
|---|
Appreciation: Market value has fallen -8.5% from $13,000,000 (2022) to $11,900,000 (2025), a CAGR of -2.9% over 3 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2024→2025), 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 fell -15.5%, 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 $243,532. 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 29% of market value ($3,502,230 land vs $8,397,770 improvements), about $15/SF of land. Most value sits in the improvements, so building condition, age (~42 yrs), and rent roll drive the underwriting.
Submarket Position: At $11,900,000, 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 -2.9% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $10,269,587 by 2030, with an estimated annual tax burden around $193,453. 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.
20 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| SO | Sketch Only | 74,060 SF | ✗ |
| 551 | PAVED AREA | 40,000 SF | ✗ |
| 2ND | 2nd Floor | 38,694 SF | ✓ |
| 1ST | 1st Floor | 36,716 SF | ✓ |
| 611 | TERRACE | 8,920 SF | ✗ |
| 011C | PORCH OPEN 1ST COMM | 3,063 SF | ✗ |
| 581C | STORAGE ATT COMM | 852 SF | ✓ |
| 012C | PORCH OPEN 2 COMM | 780 SF | ✗ |
| 601 | POOL COMM'L | 360 SF | ✗ |
| MISC | Miscellaneous | 4 SF | ✓ |
| 132 | PLBG 5-FIXT AVG | 1 SF | ✓ |
| 152 | COMMODE AVG | 1 SF | ✓ |
| 162 | LAVATORY AVG | 1 SF | ✓ |
| 172 | SHOWER STALL AVG | 1 SF | ✓ |
| 242 | OBS OVEN/BURN | 1 SF | ✓ |
| 305 | BALCONY FV | 1 SF | ✓ |
| 309 | COURTYARD FV | 1 SF | ✗ |
| 333 | MECHANICAL RM FV | 1 SF | ✓ |
| 521 | FIREPLACE | 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% | $55,049.40 | $55,049.40 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $31,179.01 | $31,179.01 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $22,362.78 | $22,362.78 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $7,022.37 | $7,022.37 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $6,152.30 | $6,152.30 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $121,765.86 | $121,765.86 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $11,720,000 | $11,900,000 | -1.5% |
| Assessed Value | $11,720,000 | $11,900,000 | -1.5% |
| Land Value | $3,502,230 | $3,502,230 | +0.0% |
| Improvement Value | $8,217,770 | $8,397,770 | -2.1% |
| Taxable Value | $5,860,000 | $11,900,000 | -50.8% |
| Exemptions | — | I | |
| Total Tax 2026 = estimate |
~$119,924
Estimated
|
~$121,766
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $11,720,000 | $11,720,000 | +0 (+0.0%) |
| Taxable Value | $11,720,000 | $5,860,000 | -5,860,000 (-50.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $11,720,000 | $3,502,230 | $8,217,770 | — | $11,720,000 | $5,860,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $11,900,000 | $3,502,230 | $8,397,770 | — | $11,900,000 | $11,900,000 | ~$121,766 | Partial |
| 2024 | $16,875,000 | — | — | −$13,372,770 | $3,502,230 | $— | $131,196 | Verified |
| 2023 | $14,900,000 | — | — | −$11,397,770 | $3,502,230 | $— | $146,882 | Verified |
| 2022 | $13,000,000 | — | — | −$9,497,770 | $3,502,230 | $— | $147,132 | Verified |
| 2021 | $— | — | — | — | — | $— | $141,484 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -1.5% | -1.5% | ~100% | Not available | Partial |
| 2025 | -10.1% | -10.1% | ~100% | Not available | Partial |
| 2024 | -23.8% | -23.8% | ~100% | 0.9900% | Verified |
| 2023 | +15.2% | +15.2% | ~100% | 0.8500% | Verified |
| 2022 | +14.4% | +14.4% | ~100% | 0.9800% | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): -9.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -1.5% | -0.8% | -2.6% | +14.6% | 2023 | -29.5% | 2025 |
| Assessment Ratio | 100.0% | 54.2% | — | 100.0% | 2025 | 20.8% | 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 |
$121,766 | $136,744 | ~$212,682 | $147,132 | 2022 | $121,766 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$11,554,420 | ~$11,554,420 | ~2.0139% | ~$232,699 | -2.9% |
| 2027 | ~$11,218,877 | ~$11,218,877 | ~1.9814% | ~$222,289 | -5.7% |
| 2028 | ~$10,893,077 | ~$10,893,077 | ~1.9488% | ~$212,289 | -8.5% |
| 2029 | ~$10,576,739 | ~$10,576,739 | ~1.9163% | ~$202,681 | -11.1% |
| 2030 | ~$10,269,587 | ~$10,269,587 | ~1.8837% | ~$193,453 | -13.7% |
| 2026 | ~$11,316,420 | ~$11,316,420 | ~2.0465% | ~$231,589 | -4.9% |
| 2027 | ~$10,761,460 | ~$10,761,460 | ~2.0465% | ~$220,232 | -9.6% |
| 2028 | ~$10,233,714 | ~$10,233,714 | ~2.0465% | ~$209,431 | -14.0% |
| 2029 | ~$9,731,850 | ~$9,731,850 | ~2.0465% | ~$199,161 | -18.2% |
| 2030 | ~$9,254,597 | ~$9,254,597 | ~2.0465% | ~$189,394 | -22.2% |
| 2026 | ~$11,792,420 | ~$11,792,420 | ~1.9977% | ~$235,573 | -0.9% |
| 2027 | ~$11,685,813 | ~$11,685,813 | ~1.9488% | ~$227,738 | -1.8% |
| 2028 | ~$11,580,170 | ~$11,580,170 | ~1.9000% | ~$220,025 | -2.7% |
| 2029 | ~$11,475,482 | ~$11,475,482 | ~1.8512% | ~$212,433 | -3.6% |
| 2030 | ~$11,371,740 | ~$11,371,740 | ~1.8024% | ~$204,961 | -4.4% |
In 2025, this property's market value of $11,900,000 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 23× 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 | $11,900,000 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $16,875,000 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $14,900,000 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $13,000,000 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | — | $300,453 | $376,850 | $539,896 | — | 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.