601 E STASSNEY LN TX 78745
| Owner | HOUSING AUTHORITY OF THE CITY OF AUSTIN |
|---|---|
| Parcel ID | 0420050312 |
| Short ID | 755501 |
| Type | Real |
| Use Code | 08 Apartment 100+ Units |
| Valuation | Income |
| Improvement SF | 182,254 SF |
| Land SF | 376,738 SF |
| Acres | 8.649 |
| Year Built | 2008 |
| Legal | LOT 1 BLK A STASSNEY HEIGHTS SOUTH RETAIL SUBD REPLAT LTS 8,10&11 BLK A |
| Neighborhood | 08SC2 |
| Land | $5,651,070 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $5,651,070 |
| Improvement | $43,891,642 |
|---|---|
| Total Improvement | $43,891,642 |
| Market | $49,542,712 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $49,542,712 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $49,542,712 |
| Taxable Value | $49,542,712 |
|---|
Appreciation: Market value has risen +53.2% from $32,330,000 (2021) to $49,542,712 (2025), a CAGR of 11.3% over 4 years. This is strong appreciation — well above typical inflation. 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 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 11% of market value ($5,651,070 land vs $43,891,642 improvements), about $15/SF of land. Most value sits in the improvements, so building condition, age (~18 yrs), and rent roll drive the underwriting.
Submarket Position: At $49,542,712, 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 +11.3% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $84,469,003 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.
9 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 135,470 SF | ✗ |
| 1ST | 1st Floor | 60,752 SF | ✓ |
| 2ND | 2nd Floor | 60,752 SF | ✓ |
| 3RD | 3rd Floor | 60,750 SF | ✓ |
| 601 | POOL COMM'L | 2,000 SF | ✗ |
| MISC | Miscellaneous | 1,400 SF | ✓ |
| 031C | GARAGE DET 1ST COMM | 240 SF | ✓ |
| 051C | CARPORT DET 1ST COMM | 180 SF | ✗ |
| 132 | PLBG 5-FIXT AVG | 1 SF | ✓ |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $41,888,044 | $49,542,712 | -15.5% |
| Assessed Value | $41,888,044 | $49,542,712 | -15.5% |
| Land Value | $5,651,070 | $5,651,070 | +0.0% |
| Improvement Value | $36,236,974 | $43,891,642 | -17.4% |
| Taxable Value | — | — | — |
| Exemptions | — | E | |
| Total Tax | Pending certification | — | |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $41,888,044 | $41,888,044 | +0 (+0.0%) |
| Taxable Value | — | — | — |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $41,888,044 | $5,651,070 | $36,236,974 | — | $41,888,044 | $— | Not yet — post-cert | Certified — no billing yet |
| 2025 | $49,542,712 | $5,651,070 | $43,891,642 | — | $49,542,712 | $— | not in county billing file ⓘ | Partial |
| 2024 | $56,375,460 | — | — | — | — | $— | not in county billing file ⓘ | Partial |
| 2023 | $54,138,719 | — | — | — | — | $— | not in county billing file ⓘ | Partial |
| 2022 | $32,170,000 | — | — | — | — | $— | not in county billing file ⓘ | Partial |
| 2021 | $32,330,000 | — | — | −$28,562,620 | $3,767,380 | $— | $656,411 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -15.5% | -15.5% | ~100% | Not available | Partial |
| 2025 | -7.0% | -7.0% | ~100% | Not available | Partial |
| 2024 | -5.5% | -5.5% | ~100% | No billing data | Verified |
| 2023 | +4.1% | +4.1% | ~100% | No billing data | Verified |
| 2022 | +68.3% | +68.3% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | 2.0300% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +54.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -15.5% | +8.9% | +15.3% | +68.3% | 2023 | -15.5% | 2026 |
| Assessment Ratio | 100.0% | 70.6% | — | 100.0% | 2025 | 11.7% | 2021 |
|
Effective Tax Rate (2025)
⚑ Billing data available for 2025 only |
— | — | — | — | — | — | — |
| Tax Amount | $656,411 | $656,411 | — | $656,411 | 2021 | $656,411 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$55,121,788 | ~$54,496,983 | ~0.0000% | ~$0 | +11.3% |
| 2027 | ~$61,329,131 | ~$59,946,682 | ~0.0000% | ~$0 | +23.8% |
| 2028 | ~$68,235,492 | ~$65,941,350 | ~0.0000% | ~$0 | +37.7% |
| 2029 | ~$75,919,589 | ~$72,535,485 | ~0.0000% | ~$0 | +53.2% |
| 2030 | ~$84,469,003 | ~$79,789,033 | ~0.0000% | ~$0 | +70.5% |
| 2026 | ~$54,130,934 | ~$54,130,934 | ~0.0000% | ~$0 | +9.3% |
| 2027 | ~$59,144,077 | ~$59,144,077 | ~0.0000% | ~$0 | +19.4% |
| 2028 | ~$64,621,494 | ~$64,621,494 | ~0.0000% | ~$0 | +30.4% |
| 2029 | ~$70,606,184 | ~$70,606,184 | ~0.0000% | ~$0 | +42.5% |
| 2030 | ~$77,145,123 | ~$77,145,123 | ~0.0000% | ~$0 | +55.7% |
| 2026 | ~$56,112,642 | ~$54,496,983 | ~0.0000% | ~$0 | +13.3% |
| 2027 | ~$63,553,820 | ~$59,946,682 | ~0.0000% | ~$0 | +28.3% |
| 2028 | ~$71,981,783 | ~$65,941,350 | ~0.0000% | ~$0 | +45.3% |
| 2029 | ~$81,527,390 | ~$72,535,485 | ~0.0000% | ~$0 | +64.6% |
| 2030 | ~$92,338,854 | ~$79,789,033 | ~0.0000% | ~$0 | +86.4% |
In 2025, this property's market value of $49,542,712 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 95× 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 | $49,542,712 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $56,375,460 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $54,138,719 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $32,170,000 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $32,330,000 | $300,453 | $376,850 | $539,896 | ↑ Top 25% | base yr |