9400 S 1 ST TX 78748
| Owner | HOUSING AUTHORITY OF COA |
|---|---|
| Parcel ID | 0430130408 |
| Short ID | 821724 |
| Type | Real |
| Use Code | 08 Apartment 100+ Units |
| Valuation | Income |
| Improvement SF | 244,746 SF |
| Land SF | 533,349 SF |
| Acres | 12.244 |
| Year Built | 2016 |
| Legal | LOT 2 BLK A LANDMARK SOUTHPARK (PRORATE 01/01/2021 THRU 05/27/2021) |
| Neighborhood | 08SC3 |
| Land | $4,266,789 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $4,266,789 |
| Improvement | $55,649,308 |
|---|---|
| Total Improvement | $55,649,308 |
| Market | $59,916,097 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $59,916,097 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $59,916,097 |
| Taxable Value | $59,916,097 |
|---|
Appreciation: Market value has risen +22.8% from $48,802,670 (2022) to $59,916,097 (2025), a CAGR of 7.1% over 3 years. This represents moderate, steady growth. 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 fell -15.5%, 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 7% of market value ($4,266,789 land vs $55,649,308 improvements), about $8/SF of land. Most value sits in the improvements, so building condition, age (~10 yrs), and rent roll drive the underwriting.
Submarket Position: At $59,916,097, 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 +7.1% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $84,341,904 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.
5 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 125,000 SF | ✗ |
| 1ST | 1st Floor | 81,582 SF | ✓ |
| 2ND | 2nd Floor | 81,582 SF | ✓ |
| 3RD | 3rd Floor | 81,582 SF | ✓ |
| MISC | Miscellaneous | 5,000 SF | ✓ |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $64,236,577 | $59,916,097 | +7.2% |
| Assessed Value | $64,236,577 | $59,916,097 | +7.2% |
| Land Value | $4,266,789 | $4,266,789 | +0.0% |
| Improvement Value | $59,969,788 | $55,649,308 | +7.8% |
| Taxable Value | — | — | — |
| Exemptions | — | F | |
| Total Tax | Pending certification | — | |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $64,236,577 | $64,236,577 | +0 (+0.0%) |
| Taxable Value | — | — | — |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $64,236,577 | $4,266,789 | $59,969,788 | — | $64,236,577 | $— | Not yet — post-cert | Certified — no billing yet |
| 2025 | $59,916,097 | $4,266,789 | $55,649,308 | — | $59,916,097 | $— | not in county billing file ⓘ | Partial |
| 2024 | $71,773,760 | — | — | — | — | $— | not in county billing file ⓘ | Partial |
| 2023 | $69,026,717 | — | — | — | — | $— | not in county billing file ⓘ | Partial |
| 2022 | $48,802,670 | — | — | — | — | $— | not in county billing file ⓘ | Partial |
| 2021 | $— | — | — | — | — | $— | $424,911 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +7.2% | +7.2% | ~100% | Not available | Partial |
| 2025 | -4.8% | -4.8% | ~100% | Not available | Partial |
| 2024 | -12.3% | -12.3% | ~100% | No billing data | Verified |
| 2023 | +4.0% | +4.0% | ~100% | No billing data | Verified |
| 2022 | +41.4% | +41.4% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +22.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +7.2% | +9.0% | +5.6% | +41.4% | 2023 | -16.5% | 2025 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2025 | 100.0% | 2025 |
|
Effective Tax Rate (2025)
⚑ Billing data available for 2025 only |
— | — | — | — | — | — | — |
|
Tax Amount
⚑ Billing data available for 2025 only |
— | — | — | — | — | — | — |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$64,156,918 | ~$64,156,918 | ~0.0000% | ~$0 | +7.1% |
| 2027 | ~$68,697,901 | ~$68,697,901 | ~0.0000% | ~$0 | +14.7% |
| 2028 | ~$73,560,292 | ~$73,560,292 | ~0.0000% | ~$0 | +22.8% |
| 2029 | ~$78,766,840 | ~$78,766,840 | ~0.0000% | ~$0 | +31.5% |
| 2030 | ~$84,341,904 | ~$84,341,904 | ~0.0000% | ~$0 | +40.8% |
| 2026 | ~$62,958,596 | ~$62,958,596 | ~0.0000% | ~$0 | +5.1% |
| 2027 | ~$66,155,591 | ~$66,155,591 | ~0.0000% | ~$0 | +10.4% |
| 2028 | ~$69,514,927 | ~$69,514,927 | ~0.0000% | ~$0 | +16.0% |
| 2029 | ~$73,044,849 | ~$73,044,849 | ~0.0000% | ~$0 | +21.9% |
| 2030 | ~$76,754,017 | ~$76,754,017 | ~0.0000% | ~$0 | +28.1% |
| 2026 | ~$65,355,240 | ~$65,355,240 | ~0.0000% | ~$0 | +9.1% |
| 2027 | ~$71,288,145 | ~$71,288,145 | ~0.0000% | ~$0 | +19.0% |
| 2028 | ~$77,759,634 | ~$77,759,634 | ~0.0000% | ~$0 | +29.8% |
| 2029 | ~$84,818,601 | ~$84,818,601 | ~0.0000% | ~$0 | +41.6% |
| 2030 | ~$92,518,377 | ~$92,518,377 | ~0.0000% | ~$0 | +54.4% |
In 2025, this property's market value of $59,916,097 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 115× 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 | $59,916,097 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $71,773,760 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $69,026,717 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $48,802,670 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | — | $300,453 | $376,850 | $539,896 | — | base yr |