12225 MERIDIAN PARK BLVD TX 78739
| Owner | BEAR LAKE PUD HOA INC |
|---|---|
| Parcel ID | 0426550722 |
| Short ID | 717262 |
| Type | Real |
| Use Code | 17 Clubhouse |
| Valuation | Cost |
| Improvement SF | 1 SF |
| Land SF | 137,522 SF |
| Acres | 3.157 |
| Year Built | 2007 |
| Legal | LOT 257 BLK A MERIDIAN SEC D PHS 1 AMENDED PLAT (AMENITY LOT) (AMENITY LOT) |
| Neighborhood | O1452 |
| Land | $2,500 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,500 |
| Improvement | $227,076 |
|---|---|
| Total Improvement | $227,076 |
| Market | $229,576 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $229,576 |
| Value Limitation Adjustment (−) (homestead cap) | −$223,607 |
| Net Appraised (assessed) | $5,969 |
| Taxable Value | $5,969 |
|---|
Appreciation: Market value has risen +7274.8% from $3,113 (2021) to $229,576 (2025), a CAGR of 193.0% 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.
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 $122. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Homestead Cap History: This property had an active homestead cap as recently as 2024 ($2,474, ~1.1% of market value at the time). The cap has since reset or expired. Verified clear — 2025 Certified Historical data from AJR 2021–2024 (Partial confidence). Current status confirmed by 2025 TCAD Certified Export.
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 1% of market value ($2,500 land vs $227,076 improvements), about $0/SF of land. Most value sits in the improvements, so building condition, age (~19 yrs), and rent roll drive the underwriting.
Submarket Position: At $229,576, this parcel sits in the bottom quartile (<25th 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 +193.1% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $49,614,737 by 2030, with an estimated annual tax burden around $181. 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.
5 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 601 | POOL COMM'L | 3,588 SF | ✗ |
| 611 | TERRACE | 1,764 SF | ✗ |
| 630C | PORCH CLOS FIN COMM | 592 SF | ✓ |
| 011C | PORCH OPEN 1ST COMM | 518 SF | ✗ |
| 1ST | 1st Floor | 1 SF | ✓ |
Market value changed by 8023% in 2022, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| 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% | $55.23 | $55.23 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $31.28 | $31.28 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $22.43 | $22.43 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $7.04 | $7.04 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $6.17 | $6.17 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $122.15 | $122.15 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $242,170 | $229,576 | +5.5% |
| Assessed Value | $7,163 | $5,969 | +20.0% |
| Land Value | $2,500 | $2,500 | +0.0% |
| Improvement Value | $239,670 | $227,076 | +5.5% |
| Taxable Value | $7,163 | $5,969 | +20.0% |
| HS Cap Loss | -$235,007 | -$2,474 (2024) | |
| Total Tax 2026 = estimate |
~$147
Estimated
|
~$122
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $263,658 | $242,170 | -21,488 (-8.1%) |
| Taxable Value | $7,163 | $7,163 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $242,170 | $2,500 | $239,670 | −$235,007 | $7,163 | $7,163 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $229,576 | $2,500 | $227,076 | −$223,607 | $5,969 | $5,969 | ~$122 | Partial |
| 2024 | $5,442 | — | — | −$2,942 | $2,500 | $— | $99 | Verified |
| 2023 | $268,452 | — | — | −$265,952 | $2,500 | $— | $98 | Verified |
| 2022 | $3,305 | — | — | −$805 | $2,500 | $— | $5,302 | Verified |
| 2021 | $3,113 | — | — | −$2,113 | $1,000 | $— | $72 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +14.8% | +20.0% | 2.7% | Not available | Partial |
| 2025 | +4515.5% ! | +20.0% | 2.6% | Not available | Partial |
| 2024 | -8.6% | -8.6% | ~100% | 1.9800% | Verified |
| 2023 | -98.0% ! | -98.0% | ~100% | 1.8100% | Verified |
| 2022 | +8022.6% ! | +8022.6% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.3100% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +6846.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +5.5% | +2411.0% | +190.0% | +8022.6% | 2023 | -98.0% | 2024 |
| Assessment Ratio | 3.0% | 26.7% | — | 75.6% | 2022 | 0.9% | 2023 |
| Effective Tax Rate (2025) | 0.0500% | 0.0500% | — | 0.0500% | 2025 | 0.0500% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$122 | $1,139 | ~$156 | $5,302 | 2022 | $72 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$672,765 | ~$6,566 | ~2.0139% | ~$132 | +193.0% |
| 2027 | ~$1,971,515 | ~$7,222 | ~1.9814% | ~$143 | +758.8% |
| 2028 | ~$5,777,461 | ~$7,945 | ~1.9488% | ~$155 | +2416.6% |
| 2029 | ~$16,930,658 | ~$8,739 | ~1.9163% | ~$167 | +7274.8% |
| 2030 | ~$49,614,737 | ~$9,613 | ~1.8837% | ~$181 | +21511.5% |
| 2026 | ~$668,173 | ~$6,566 | ~2.0465% | ~$134 | +191.0% |
| 2027 | ~$1,944,697 | ~$7,222 | ~2.0465% | ~$148 | +747.1% |
| 2028 | ~$5,659,975 | ~$7,945 | ~2.0465% | ~$163 | +2365.4% |
| 2029 | ~$16,473,172 | ~$8,739 | ~2.0465% | ~$179 | +7075.5% |
| 2030 | ~$47,944,623 | ~$9,613 | ~2.0465% | ~$197 | +20784.0% |
| 2026 | ~$677,356 | ~$6,566 | ~1.9977% | ~$131 | +195.0% |
| 2027 | ~$1,998,518 | ~$7,222 | ~1.9488% | ~$141 | +770.5% |
| 2028 | ~$5,896,561 | ~$7,945 | ~1.9000% | ~$151 | +2468.5% |
| 2029 | ~$17,397,609 | ~$8,739 | ~1.8512% | ~$162 | +7478.1% |
| 2030 | ~$51,331,071 | ~$9,613 | ~1.8024% | ~$173 | +22259.1% |
In 2025, this property's market value of $229,576 places it in the bottom 25% for Multi-Family properties in Travis County (12584 comparable) — -56% below 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 | $229,576 | $438,669 | $519,778 | $749,859 | ↓ Bottom 25% | -7.5% |
| 2024 | $5,442 | $467,458 | $564,615 | $848,565 | ↓ Bottom 25% | -6.3% |
| 2023 | $268,452 | $503,905 | $617,035 | $919,932 | ↓ Bottom 25% | +0.9% |
| 2022 | $3,305 | $506,618 | $615,058 | $906,429 | ↓ Bottom 25% | +39.1% |
| 2021 | $3,113 | $300,453 | $376,850 | $539,896 | ↓ Bottom 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.