6515 DAVIS LN TX 78749
| Owner | ASM2 SUNNYVALE PROPERTIES LLC |
|---|---|
| Parcel ID | 0416402214 |
| Short ID | 465214 |
| Type | Real |
| Use Code | 02 Duplex |
| Valuation | Cost |
| Improvement SF | 24,372 SF |
| Land SF | 60,548 SF |
| Acres | 1.390 |
| Year Built | 2018 |
| Legal | LOT 1 VILLAGE AT WESTERN OAKS SEC 30 |
| Neighborhood | 05SC2 |
| Land | $605,484 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $605,484 |
| Improvement | $9,630,756 |
|---|---|
| Total Improvement | $9,630,756 |
| Market | $10,236,240 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $10,236,240 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $10,236,240 |
| Taxable Value | $10,236,240 |
|---|
Appreciation: Market value has risen +121.1% from $4,630,680 (2021) to $10,236,240 (2025), a CAGR of 21.9% 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 $209,483. 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 cost approach, tied more to replacement cost and physical condition than to income performance.
Value Composition: Land carries 6% of market value ($605,484 land vs $9,630,756 improvements), about $10/SF of land. Most value sits in the improvements, so building condition, age (~8 yrs), and rent roll drive the underwriting.
Submarket Position: At $10,236,240, 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 +21.9% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $27,590,532 by 2030, with an estimated annual tax burden around $310,546. 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.
7 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 095 | HVAC RESIDENTIAL | 44,682 SF | ✗ |
| 2ND | 2nd Floor | 14,184 SF | ✓ |
| 1ST | 1st Floor | 10,188 SF | ✓ |
| 041C | GARAGE ATT 1ST COMM | 5,544 SF | ✓ |
| 011C | PORCH OPEN 1ST COMM | 1,656 SF | ✗ |
| 252 | BEDROOMS | 36 SF | ✓ |
| 251 | BATHROOM | 30 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% | $59,814.11 | $59,814.11 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $33,877.66 | $33,877.66 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $24,298.35 | $24,298.35 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $7,630.18 | $7,630.18 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $6,684.80 | $6,684.80 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $132,305.10 | $132,305.10 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $4,900,000 | $10,236,240 | -52.1% |
| Assessed Value | $4,900,000 | $10,236,240 | -52.1% |
| Land Value | $605,484 | $605,484 | +0.0% |
| Improvement Value | $4,294,516 | $9,630,756 | -55.4% |
| Taxable Value | $4,900,000 | $10,236,240 | -52.1% |
| Total Tax 2026 = estimate |
~$100,278
Estimated
|
~$132,305
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $9,261,360 | $4,900,000 | -4,361,360 (-47.1%) |
| Taxable Value | $9,261,360 | $4,900,000 | -4,361,360 (-47.1%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $4,900,000 | $605,484 | $4,294,516 | — | $4,900,000 | $4,900,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $10,236,240 | $605,484 | $9,630,756 | — | $10,236,240 | $10,236,240 | ~$132,305 | Partial |
| 2024 | $6,100,000 | — | — | −$5,494,516 | $605,484 | $— | $128,084 | Verified |
| 2023 | $6,093,000 | — | — | −$5,487,516 | $605,484 | $— | $110,718 | Verified |
| 2022 | $4,874,400 | — | — | −$4,268,916 | $605,484 | $— | $120,332 | Verified |
| 2021 | $4,630,680 | — | — | −$4,025,196 | $605,484 | $— | $106,100 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -9.5% | -9.5% | ~100% | Not available | Partial |
| 2025 | +58.4% | +58.4% | ~100% | Not available | Partial |
| 2024 | +0.1% | +0.1% | ~100% | 1.9800% | Verified |
| 2023 | +6.0% | +6.0% | ~100% | 1.7100% | Verified |
| 2022 | +25.0% | +25.0% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.2900% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +110.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -52.1% | +9.2% | +48.5% | +67.8% | 2025 | -52.1% | 2026 |
| Assessment Ratio | 100.0% | 40.9% | — | 100.0% | 2025 | 9.9% | 2023 |
| Effective Tax Rate (2025) | 1.2900% | 1.2900% | — | 1.2900% | 2025 | 1.2900% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$132,305 | $119,508 | ~$267,087 | $132,305 | 2025 | $106,100 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$12,481,431 | ~$11,259,864 | ~2.0139% | ~$226,767 | +21.9% |
| 2027 | ~$15,219,077 | ~$12,385,850 | ~1.9814% | ~$245,412 | +48.7% |
| 2028 | ~$18,557,191 | ~$13,624,435 | ~1.9488% | ~$265,518 | +81.3% |
| 2029 | ~$22,627,478 | ~$14,986,879 | ~1.9163% | ~$287,192 | +121.1% |
| 2030 | ~$27,590,532 | ~$16,485,567 | ~1.8837% | ~$310,546 | +169.5% |
| 2026 | ~$12,276,706 | ~$11,259,864 | ~2.0465% | ~$230,431 | +19.9% |
| 2027 | ~$14,723,914 | ~$12,385,850 | ~2.0465% | ~$253,475 | +43.8% |
| 2028 | ~$17,658,942 | ~$13,624,435 | ~2.0465% | ~$278,822 | +72.5% |
| 2029 | ~$21,179,031 | ~$14,986,879 | ~2.0465% | ~$306,704 | +106.9% |
| 2030 | ~$25,400,805 | ~$16,485,567 | ~2.0465% | ~$337,375 | +148.1% |
| 2026 | ~$12,686,156 | ~$11,259,864 | ~1.9977% | ~$224,934 | +23.9% |
| 2027 | ~$15,722,428 | ~$12,385,850 | ~1.9488% | ~$241,380 | +53.6% |
| 2028 | ~$19,485,395 | ~$13,624,435 | ~1.9000% | ~$258,867 | +90.4% |
| 2029 | ~$24,148,980 | ~$14,986,879 | ~1.8512% | ~$277,436 | +135.9% |
| 2030 | ~$29,928,736 | ~$16,485,567 | ~1.8024% | ~$297,131 | +192.4% |
In 2025, this property's market value of $10,236,240 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 20× 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 | $10,236,240 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $6,100,000 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $6,093,000 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $4,874,400 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $4,630,680 | $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.