420 W SLAUGHTER LN TX 78748
| Owner | HOUSING AUTHORITY OF THE |
|---|---|
| Parcel ID | 0430110658 |
| Short ID | 513069 |
| Type | Real |
| Use Code | 08 Apartment 100+ Units |
| Valuation | Income |
| Improvement SF | 307,374 SF |
| Land SF | 710,594 SF |
| Acres | 16.313 |
| Year Built | 2006 |
| Legal | LOT 1 BLK A WATERSTONE/SLAUGHTER LANE SUBD |
| Neighborhood | 08SC3 |
| Land | $10,658,914 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $10,658,914 |
| Improvement | $66,696,876 |
|---|---|
| Total Improvement | $66,696,876 |
| Market | $77,355,790 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $77,355,790 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $77,355,790 |
| Taxable Value | $77,355,790 |
|---|
Appreciation: Market value has risen +77.0% from $43,700,000 (2021) to $77,355,790 (2025), a CAGR of 15.3% 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 14% of market value ($10,658,914 land vs $66,696,876 improvements), about $15/SF of land. Most value sits in the improvements, so building condition, age (~20 yrs), and rent roll drive the underwriting.
Submarket Position: At $77,355,790, 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 +15.3% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $157,945,429 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 |
|---|---|---|---|
| 1ST | 1st Floor | 307,374 SF | ✓ |
| 551 | PAVED AREA | 100,000 SF | ✗ |
| MISC | Miscellaneous | 6,649 SF | ✓ |
| 601 | POOL COMM'L | 2,200 SF | ✗ |
| 034 | GARAGE DET CLASS | 210 SF | ✓ |
| 041C | GARAGE ATT 1ST COMM | 210 SF | ✓ |
| 051C | CARPORT DET 1ST COMM | 210 SF | ✗ |
| 132 | PLBG 5-FIXT AVG | 1 SF | ✓ |
| 539 | FENCE FV | 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 | $70,030,043 | $77,355,790 | -9.5% |
| Assessed Value | $70,030,043 | $77,355,790 | -9.5% |
| Land Value | $10,658,914 | $10,658,914 | +0.0% |
| Improvement Value | $59,371,129 | $66,696,876 | -11.0% |
| Taxable Value | — | — | — |
| Exemptions | — | E | |
| Total Tax | Pending certification | — | |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $70,030,043 | $70,030,043 | +0 (+0.0%) |
| Taxable Value | — | — | — |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $70,030,043 | $10,658,914 | $59,371,129 | — | $70,030,043 | $— | Not yet — post-cert | Certified — no billing yet |
| 2025 | $77,355,790 | $10,658,914 | $66,696,876 | — | $77,355,790 | $— | not in county billing file ⓘ | Partial |
| 2024 | $76,000,000 | — | — | −$65,341,086 | $10,658,914 | $— | $819,017 | Verified |
| 2023 | $75,030,000 | — | — | −$64,371,086 | $10,658,914 | $— | $1,264,530 | Verified |
| 2022 | $51,300,000 | — | — | −$47,036,434 | $4,263,566 | $— | $1,312,477 | Verified |
| 2021 | $43,700,000 | — | — | −$39,436,434 | $4,263,566 | $— | $1,022,859 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -9.5% | -9.5% | ~100% | Not available | Partial |
| 2025 | +15.1% | +15.1% | ~100% | Not available | Partial |
| 2024 | -16.1% | -16.1% | ~100% | 1.2200% | Verified |
| 2023 | +6.7% | +6.7% | ~100% | 1.5800% | Verified |
| 2022 | +38.2% | +38.2% | ~100% | 1.7500% | Verified |
| 2021 | base year | — | ~100% | 2.3400% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +42.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -9.5% | +11.5% | +17.8% | +46.3% | 2023 | -9.5% | 2026 |
| Assessment Ratio | 100.0% | 41.1% | — | 100.0% | 2025 | 8.3% | 2022 |
|
Effective Tax Rate (2025)
⚑ Billing data available for 2025 only |
— | — | — | — | — | — | — |
| Tax Amount | $819,017 | $1,104,721 | — | $1,312,477 | 2022 | $819,017 | 2024 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$89,226,873 | ~$85,091,369 | ~0.0000% | ~$0 | +15.3% |
| 2027 | ~$102,919,702 | ~$93,600,506 | ~0.0000% | ~$0 | +33.0% |
| 2028 | ~$118,713,844 | ~$102,960,556 | ~0.0000% | ~$0 | +53.5% |
| 2029 | ~$136,931,768 | ~$113,256,612 | ~0.0000% | ~$0 | +77.0% |
| 2030 | ~$157,945,429 | ~$124,582,273 | ~0.0000% | ~$0 | +104.2% |
| 2026 | ~$87,679,757 | ~$85,091,369 | ~0.0000% | ~$0 | +13.3% |
| 2027 | ~$99,381,569 | ~$93,600,506 | ~0.0000% | ~$0 | +28.5% |
| 2028 | ~$112,645,115 | ~$102,960,556 | ~0.0000% | ~$0 | +45.6% |
| 2029 | ~$127,678,825 | ~$113,256,612 | ~0.0000% | ~$0 | +65.1% |
| 2030 | ~$144,718,945 | ~$124,582,273 | ~0.0000% | ~$0 | +87.1% |
| 2026 | ~$90,773,989 | ~$85,091,369 | ~0.0000% | ~$0 | +17.3% |
| 2027 | ~$106,519,719 | ~$93,600,506 | ~0.0000% | ~$0 | +37.7% |
| 2028 | ~$124,996,717 | ~$102,960,556 | ~0.0000% | ~$0 | +61.6% |
| 2029 | ~$146,678,750 | ~$113,256,612 | ~0.0000% | ~$0 | +89.6% |
| 2030 | ~$172,121,766 | ~$124,582,273 | ~0.0000% | ~$0 | +122.5% |
In 2025, this property's market value of $77,355,790 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 149× 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 | $77,355,790 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $76,000,000 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $75,030,000 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $51,300,000 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $43,700,000 | $300,453 | $376,850 | $539,896 | ↑ Top 25% | base yr |