1701 OAK HILL LN TX 78744
| Owner | C F SOUTHPARK LLC |
|---|---|
| Parcel ID | 0431180506 |
| Short ID | 864856 |
| Type | Real |
| Use Code | 08 Apartment 100+ Units |
| Valuation | Income |
| Improvement SF | 246,800 SF |
| Land SF | 715,890 SF |
| Acres | 16.435 |
| Year Built | 2017 |
| Legal | LOT 1A-1 BLK A SOUTHPARK CROSSING AMENDED |
| Neighborhood | 08SE1 |
| Land | $8,590,680 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $8,590,680 |
| Improvement | $44,649,320 |
|---|---|
| Total Improvement | $44,649,320 |
| Market | $53,240,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $53,240,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $53,240,000 |
| Taxable Value | $53,240,000 |
|---|
Appreciation: Market value has risen +16.0% from $45,900,000 (2021) to $53,240,000 (2025), a CAGR of 3.8% over 4 years. Growth has been relatively flat for this asset class. 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 lagged 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 $1,089,549. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
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 16% of market value ($8,590,680 land vs $44,649,320 improvements), about $12/SF of land. Most value sits in the improvements, so building condition, age (~9 yrs), and rent roll drive the underwriting.
Submarket Position: At $53,240,000, 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 +3.8% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $64,086,971 by 2030, with an estimated annual tax burden around $1,207,234. 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.
1 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 246,800 SF | ✓ |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| 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% | $492,576.48 | $492,576.48 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $278,986.65 | $278,986.65 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $200,099.88 | $200,099.88 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $62,835.45 | $62,835.45 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $55,050.16 | $55,050.16 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $1,089,548.62 | $1,089,548.62 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $46,150,000 | $53,240,000 | -13.3% |
| Assessed Value | $46,150,000 | $53,240,000 | -13.3% |
| Land Value | $8,590,680 | $8,590,680 | +0.0% |
| Improvement Value | $37,559,320 | $44,649,320 | -15.9% |
| Taxable Value | $46,150,000 | $53,240,000 | -13.3% |
| Total Tax 2026 = estimate |
~$944,453
Estimated
|
~$1,089,549
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $50,692,792 | $46,150,000 | -4,542,792 (-9.0%) |
| Taxable Value | $50,692,792 | $46,150,000 | -4,542,792 (-9.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $46,150,000 | $8,590,680 | $37,559,320 | — | $46,150,000 | $46,150,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $53,240,000 | $8,590,680 | $44,649,320 | — | $53,240,000 | $53,240,000 | ~$1,089,549 | Partial |
| 2024 | $59,800,000 | — | — | −$51,209,320 | $8,590,680 | $— | $1,163,325 | Verified |
| 2023 | $56,800,000 | — | — | −$53,936,440 | $2,863,560 | $— | $1,085,578 | Verified |
| 2022 | $47,680,000 | — | — | −$44,816,440 | $2,863,560 | $— | $1,124,984 | Verified |
| 2021 | $45,900,000 | — | — | −$43,036,440 | $2,863,560 | $— | $1,037,841 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -4.8% | -4.8% | ~100% | Not available | Partial |
| 2025 | -9.3% | -9.3% | ~100% | Not available | Partial |
| 2024 | -7.6% | -7.6% | ~100% | 1.9800% | Verified |
| 2023 | +5.7% | +5.7% | ~100% | 1.7100% | Verified |
| 2022 | +26.0% | +26.0% | ~100% | 1.8700% | Verified |
| 2021 | base year | — | ~100% | 2.2600% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +11.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -13.3% | +0.8% | +7.0% | +19.1% | 2023 | -13.3% | 2026 |
| Assessment Ratio | 100.0% | 38.6% | — | 100.0% | 2025 | 5.0% | 2023 |
| Effective Tax Rate (2025) | 2.0500% | 2.0500% | — | 2.0500% | 2025 | 2.0500% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$1,089,549 | $1,100,255 | ~$1,159,825 | $1,163,325 | 2024 | $1,037,841 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$55,251,540 | ~$55,251,540 | ~2.0139% | ~$1,112,731 | +3.8% |
| 2027 | ~$57,339,081 | ~$57,339,081 | ~1.9814% | ~$1,136,110 | +7.7% |
| 2028 | ~$59,505,494 | ~$59,505,494 | ~1.9488% | ~$1,159,667 | +11.8% |
| 2029 | ~$61,753,760 | ~$61,753,760 | ~1.9163% | ~$1,183,382 | +16.0% |
| 2030 | ~$64,086,971 | ~$64,086,971 | ~1.8837% | ~$1,207,234 | +20.4% |
| 2026 | ~$54,186,740 | ~$54,186,740 | ~2.0465% | ~$1,108,924 | +1.8% |
| 2027 | ~$55,150,315 | ~$55,150,315 | ~2.0465% | ~$1,128,643 | +3.6% |
| 2028 | ~$56,131,025 | ~$56,131,025 | ~2.0465% | ~$1,148,713 | +5.4% |
| 2029 | ~$57,129,175 | ~$57,129,175 | ~2.0465% | ~$1,169,140 | +7.3% |
| 2030 | ~$58,145,074 | ~$58,145,074 | ~2.0465% | ~$1,189,930 | +9.2% |
| 2026 | ~$56,316,340 | ~$56,316,340 | ~1.9977% | ~$1,125,010 | +5.8% |
| 2027 | ~$59,570,439 | ~$59,570,439 | ~1.9488% | ~$1,160,932 | +11.9% |
| 2028 | ~$63,012,567 | ~$63,012,567 | ~1.9000% | ~$1,197,249 | +18.4% |
| 2029 | ~$66,653,590 | ~$66,653,590 | ~1.8512% | ~$1,233,887 | +25.2% |
| 2030 | ~$70,505,001 | ~$70,505,001 | ~1.8024% | ~$1,270,762 | +32.4% |
In 2025, this property's market value of $53,240,000 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 102× 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 | $53,240,000 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $59,800,000 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $56,800,000 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $47,680,000 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $45,900,000 | $300,453 | $376,850 | $539,896 | ↑ Top 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.