501 STASSNEY LN 78744
| Owner | CLA APTS LLC |
|---|---|
| Parcel ID | 0418050304 |
| Short ID | 447092 |
| Type | Real |
| Use Code | 08 Apartment 100+ Units |
| Valuation | Income |
| Improvement SF | 359,144 SF |
| Land SF | 780,334 SF |
| Acres | 17.914 |
| Year Built | 2005 |
| Legal | LOT 1 BLK A DMC SUBD & ABS 6 SUR 19 CANNON W ACR 7.5360 (TOTAL 17.9140) |
| Neighborhood | SC2 |
| Land | $11,705,008 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $11,705,008 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $84,997,413 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $84,997,413 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $84,997,413 |
| Taxable Value | $84,997,413 |
|---|
Appreciation: Market value has risen +50.4% from $56,500,000 (2021) to $84,997,413 (2025), a CAGR of 10.7% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2021→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 outpaced the broader multi-family market over the same period.
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 14% of market value ($11,705,008 land vs $0 improvements), about $15/SF of land. Most value sits in the improvements, so building condition, age (~21 yrs), and rent roll drive the underwriting.
Submarket Position: At $84,997,413, 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 +10.8% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $141,612,726 by 2030, with an estimated annual tax burden around $0. 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.
13 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 120,000 SF | ✓ |
| 2ND | 2nd Floor | 120,000 SF | ✓ |
| 3RD | 3rd Floor | 119,144 SF | ✓ |
| 551 | PAVED AREA | 100,000 SF | ✗ |
| MISC | Miscellaneous | 5,116 SF | ✓ |
| 601 | POOL COMM'L | 2,200 SF | ✗ |
| 034 | GARAGE DET CLASS | 240 SF | ✓ |
| 051C | CARPORT DET 1ST COMM | 196 SF | ✗ |
| 132 | PLBG 5-FIXT AVG | 1 SF | ✓ |
| 142 | BATHTUB AVG | 1 SF | ✓ |
| 152 | COMMODE AVG | 1 SF | ✓ |
| 162 | LAVATORY AVG | 1 SF | ✓ |
| 539 | FENCE FV | 1 SF | ✗ |
| Unit (prop_id) | Owner | Address | Market Value | Assessed Value | Taxable Value |
|---|---|---|---|---|---|
| 447092 | CLA APTS LLC | 501 STASSNEY LN 78744 | $11,705,008 | $11,705,008 | $0 |
| 1000364 | CLA APTS LLC | — | $72,334,688 | $72,334,688 | $0 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $84,039,696 | $84,997,413 | -1.1% |
| Assessed Value | $84,039,696 | $84,997,413 | -1.1% |
| Land Value | $11,705,008 | $11,705,008 | +0.0% |
| Improvement Value | — | — | — |
| Taxable Value | — | — | — |
| Exemptions | — | E | |
| Total Tax | Pending certification | — | |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $84,039,696 | $84,039,696 | +0 (+0.0%) |
| Taxable Value | — | — | — |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $84,039,696 | $11,705,008 | — | — | $84,039,696 | $— | Not yet — post-cert | Certified — no billing yet |
| 2025 | $84,997,413 | $11,705,008 | — | — | $84,997,413 | $— | not in county billing file ⓘ | Partial |
| 2024 | $80,200,000 | — | — | −$68,494,992 | $11,705,008 | $— | $1,710,225 | Verified |
| 2023 | $78,500,000 | — | — | −$66,794,992 | $11,705,008 | $— | $1,460,925 | Verified |
| 2022 | $— | — | — | — | $7,803,338 | $— | $1,368,321 | Verified |
| 2021 | $56,500,000 | — | — | −$48,696,662 | $7,803,338 | $— | $1,237,831 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -1.3% | -1.3% | ~100% | Not available | Partial |
| 2025 | -15.1% | -15.1% | ~100% | Not available | Partial |
| 2024 | -4.4% | -4.4% | ~100% | 1.9800% | Verified |
| 2023 | +15.0% | +15.0% | ~100% | 1.6200% | Verified |
| 2022 | +33.1% | +33.1% | ~100% | 1.7400% | Verified |
| 2021 | base year | — | ~100% | 2.1900% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +24.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -1.1% | +11.5% | +11.0% | +38.9% | 2023 | -1.1% | 2026 |
| Assessment Ratio | 100.0% | 48.7% | — | 100.0% | 2025 | 13.8% | 2021 |
|
Effective Tax Rate (2025)
⚑ Billing data available for 2025 only |
— | — | — | — | — | — | — |
| Tax Amount | $1,710,225 | $1,469,660 | — | $1,710,225 | 2024 | $1,237,831 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$94,133,677 | ~$93,497,154 | ~0.0000% | ~$0 | +10.7% |
| 2027 | ~$104,251,986 | ~$102,846,870 | ~0.0000% | ~$0 | +22.7% |
| 2028 | ~$115,457,900 | ~$113,131,557 | ~0.0000% | ~$0 | +35.8% |
| 2029 | ~$127,868,322 | ~$124,444,712 | ~0.0000% | ~$0 | +50.4% |
| 2030 | ~$141,612,726 | ~$136,889,184 | ~0.0000% | ~$0 | +66.6% |
| 2026 | ~$92,433,729 | ~$92,433,729 | ~0.0000% | ~$0 | +8.7% |
| 2027 | ~$100,520,638 | ~$100,520,638 | ~0.0000% | ~$0 | +18.3% |
| 2028 | ~$109,315,061 | ~$109,315,061 | ~0.0000% | ~$0 | +28.6% |
| 2029 | ~$118,878,897 | ~$118,878,897 | ~0.0000% | ~$0 | +39.9% |
| 2030 | ~$129,279,460 | ~$129,279,460 | ~0.0000% | ~$0 | +52.1% |
| 2026 | ~$95,833,625 | ~$93,497,154 | ~0.0000% | ~$0 | +12.7% |
| 2027 | ~$108,051,332 | ~$102,846,870 | ~0.0000% | ~$0 | +27.1% |
| 2028 | ~$121,826,659 | ~$113,131,557 | ~0.0000% | ~$0 | +43.3% |
| 2029 | ~$137,358,185 | ~$124,444,712 | ~0.0000% | ~$0 | +61.6% |
| 2030 | ~$154,869,805 | ~$136,889,184 | ~0.0000% | ~$0 | +82.2% |
In 2025, this property's market value of $84,997,413 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 164× 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 | $84,997,413 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $80,200,000 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $78,500,000 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | — | $506,618 | $615,058 | $906,429 | — | +39.1% |
| 2021 | $56,500,000 | $300,453 | $376,850 | $539,896 | ↑ Top 25% | base yr |