10701 S INTERSTATE HY 35 TX 78748
| Owner | ONION CREEK APARTMENT PARTNERS |
|---|---|
| Parcel ID | 0440110126 |
| Short ID | 718807 |
| Type | Real |
| Use Code | 08 Apartment 100+ Units |
| Valuation | Income |
| Improvement SF | 384,014 SF |
| Land SF | 1,050,969 SF |
| Acres | 24.127 |
| Year Built | 2006 |
| Legal | LOT 1 BLK A KEESEE ADDN SEC 2 |
| Neighborhood | 08SE1 |
| Land | $15,764,535 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $15,764,535 |
| Improvement | $50,235,465 |
|---|---|
| Total Improvement | $50,235,465 |
| Market | $66,000,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $66,000,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $66,000,000 |
| Taxable Value | $66,000,000 |
|---|
Appreciation: Market value has risen +11.7% from $59,090,000 (2021) to $66,000,000 (2025), a CAGR of 2.8% 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 $1,350,680. 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 24% of market value ($15,764,535 land vs $50,235,465 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 $66,000,000, 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 +2.8% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $75,784,671 by 2030, with an estimated annual tax burden around $1,427,588. 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.
11 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 128,369 SF | ✓ |
| 2ND | 2nd Floor | 128,369 SF | ✓ |
| 3RD | 3rd Floor | 127,276 SF | ✓ |
| 551 | PAVED AREA | 100,000 SF | ✗ |
| MISC | Miscellaneous | 7,789 SF | ✓ |
| 601 | POOL COMM'L | 2,695 SF | ✗ |
| 034 | GARAGE DET CLASS | 240 SF | ✓ |
| 041C | GARAGE ATT 1ST COMM | 240 SF | ✓ |
| 051C | CARPORT DET 1ST COMM | 196 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.
| 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% | $610,632.00 | $610,632.00 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $345,851.22 | $345,851.22 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $248,057.70 | $248,057.70 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $77,895.18 | $77,895.18 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $68,244.00 | $68,244.00 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $1,350,680.10 | $1,350,680.10 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $63,950,000 | $66,000,000 | -3.1% |
| Assessed Value | $63,950,000 | $66,000,000 | -3.1% |
| Land Value | $15,764,535 | $15,764,535 | +0.0% |
| Improvement Value | $48,185,465 | $50,235,465 | -4.1% |
| Taxable Value | $63,950,000 | $66,000,000 | -3.1% |
| Total Tax 2026 = estimate |
~$1,308,727
Estimated
|
~$1,350,680
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $71,022,830 | $63,950,000 | -7,072,830 (-10.0%) |
| Taxable Value | $71,022,830 | $63,950,000 | -7,072,830 (-10.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $63,950,000 | $15,764,535 | $48,185,465 | — | $63,950,000 | $63,950,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $66,000,000 | $15,764,535 | $50,235,465 | — | $66,000,000 | $66,000,000 | ~$1,350,680 | Partial |
| 2024 | $77,500,000 | — | — | −$61,735,465 | $15,764,535 | $— | $1,307,997 | Verified |
| 2023 | $73,464,706 | — | — | −$68,209,861 | $5,254,845 | $— | $1,402,166 | Verified |
| 2022 | $60,654,812 | — | — | −$55,364,668 | $5,290,144 | $— | $1,451,260 | Verified |
| 2021 | $59,090,000 | — | — | −$53,799,856 | $5,290,144 | $— | $1,286,493 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +7.6% | +7.6% | ~100% | Not available | Partial |
| 2025 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2024 | -21.4% | -21.4% | ~100% | 1.9800% | Verified |
| 2023 | +14.3% | +14.3% | ~100% | 1.6700% | Verified |
| 2022 | +21.2% | +21.2% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +8.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -3.1% | +2.3% | +3.5% | +21.1% | 2023 | -14.8% | 2025 |
| Assessment Ratio | 100.0% | 40.9% | — | 100.0% | 2025 | 7.2% | 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 |
$1,350,680 | $1,359,719 | ~$1,397,247 | $1,451,260 | 2022 | $1,286,493 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$67,850,245 | ~$67,850,245 | ~2.0139% | ~$1,366,461 | +2.8% |
| 2027 | ~$69,752,360 | ~$69,752,360 | ~1.9814% | ~$1,382,065 | +5.7% |
| 2028 | ~$71,707,799 | ~$71,707,799 | ~1.9488% | ~$1,397,470 | +8.6% |
| 2029 | ~$73,718,057 | ~$73,718,057 | ~1.9163% | ~$1,412,652 | +11.7% |
| 2030 | ~$75,784,671 | ~$75,784,671 | ~1.8837% | ~$1,427,588 | +14.8% |
| 2026 | ~$66,530,245 | ~$66,530,245 | ~2.0465% | ~$1,361,531 | +0.8% |
| 2027 | ~$67,064,751 | ~$67,064,751 | ~2.0465% | ~$1,372,470 | +1.6% |
| 2028 | ~$67,603,550 | ~$67,603,550 | ~2.0465% | ~$1,383,497 | +2.4% |
| 2029 | ~$68,146,678 | ~$68,146,678 | ~2.0465% | ~$1,394,612 | +3.3% |
| 2030 | ~$68,694,170 | ~$68,694,170 | ~2.0465% | ~$1,405,816 | +4.1% |
| 2026 | ~$69,170,245 | ~$69,170,245 | ~1.9977% | ~$1,381,788 | +4.8% |
| 2027 | ~$72,492,770 | ~$72,492,770 | ~1.9488% | ~$1,412,768 | +9.8% |
| 2028 | ~$75,974,889 | ~$75,974,889 | ~1.9000% | ~$1,443,536 | +15.1% |
| 2029 | ~$79,624,269 | ~$79,624,269 | ~1.8512% | ~$1,474,000 | +20.6% |
| 2030 | ~$83,448,942 | ~$83,448,942 | ~1.8024% | ~$1,504,060 | +26.4% |
In 2025, this property's market value of $66,000,000 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 127× 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 | $66,000,000 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $77,500,000 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $73,464,706 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $60,654,812 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $59,090,000 | $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.