11001 S 1 ST TX 78748
| Owner | COLONIAL REALTY LIMITED PARTNERSHIP |
|---|---|
| Parcel ID | 0440130803 |
| Short ID | 810631 |
| Type | Real |
| Use Code | 08 Apartment 100+ Units |
| Valuation | Income |
| Improvement SF | 278,070 SF |
| Land SF | 1,043,915 SF |
| Acres | 23.965 |
| Year Built | 2012 |
| Legal | LOT 1 BLK A COLONIAL GRAND AT CITYWAY SUBD |
| Neighborhood | 08SC3 |
| Land | $4,175,662 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $4,175,662 |
| Improvement | $54,254,338 |
|---|---|
| Total Improvement | $54,254,338 |
| Market | $58,430,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $58,430,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $58,430,000 |
| Taxable Value | $58,430,000 |
|---|
Appreciation: Market value has risen +21.1% from $48,230,000 (2021) to $58,430,000 (2025), a CAGR of 4.9% over 4 years. This represents moderate, steady growth. Most of this growth came in a single year (2021→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 $1,195,761. 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 7% of market value ($4,175,662 land vs $54,254,338 improvements), about $4/SF of land. Most value sits in the improvements, so building condition, age (~14 yrs), and rent roll drive the underwriting.
Submarket Position: At $58,430,000, 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 +4.9% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $74,264,997 by 2030, with an estimated annual tax burden around $1,398,961. 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 |
|---|---|---|---|
| 551 | PAVED AREA | 175,000 SF | ✗ |
| 1ST | 1st Floor | 92,690 SF | ✓ |
| 2ND | 2nd Floor | 92,690 SF | ✓ |
| 3RD | 3rd Floor | 92,690 SF | ✓ |
| SO | Sketch Only | 8,580 SF | ✗ |
| MISC | Miscellaneous | 7,000 SF | ✓ |
| 601 | POOL COMM'L | 2,000 SF | ✗ |
| 031C | GARAGE DET 1ST COMM | 240 SF | ✓ |
| 132 | PLBG 5-FIXT AVG | 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% | $516,206.09 | $516,206.09 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $292,370.04 | $292,370.04 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $209,698.96 | $209,698.96 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $65,849.75 | $65,849.75 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $57,691.00 | $57,691.00 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $1,141,815.84 | $1,141,815.84 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $52,400,000 | $58,430,000 | -10.3% |
| Assessed Value | $52,400,000 | $58,430,000 | -10.3% |
| Land Value | $4,175,662 | $4,175,662 | +0.0% |
| Improvement Value | $48,224,338 | $54,254,338 | -11.1% |
| Taxable Value | $52,400,000 | $58,430,000 | -10.3% |
| Total Tax 2026 = estimate |
~$1,072,358
Estimated
|
~$1,141,816
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $52,400,000 | $52,400,000 | +0 (+0.0%) |
| Taxable Value | $52,400,000 | $52,400,000 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $52,400,000 | $4,175,662 | $48,224,338 | — | $52,400,000 | $52,400,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $58,430,000 | $4,175,662 | $54,254,338 | — | $58,430,000 | $58,430,000 | ~$1,141,816 | Partial |
| 2024 | $68,000,000 | — | — | −$63,824,338 | $4,175,662 | $— | $1,205,461 | Verified |
| 2023 | $65,600,000 | — | — | −$61,424,338 | $4,175,662 | $— | $1,235,287 | Verified |
| 2022 | $— | — | — | — | $4,175,662 | $— | $1,297,908 | Verified |
| 2021 | $48,230,000 | — | — | −$44,054,338 | $4,175,662 | $— | $1,023,692 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -10.3% | -10.3% | ~100% | Not available | Partial |
| 2025 | -6.1% | -6.1% | ~100% | Not available | Partial |
| 2024 | -14.8% | -14.8% | ~100% | 1.9400% | Verified |
| 2023 | +7.5% | +7.5% | ~100% | 1.6900% | Verified |
| 2022 | +37.1% | +37.1% | ~100% | 1.9100% | Verified |
| 2021 | base year | — | ~100% | 2.1200% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +17.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -10.3% | +3.8% | +7.3% | +36.0% | 2023 | -14.1% | 2025 |
| Assessment Ratio | 100.0% | 44.2% | — | 100.0% | 2025 | 6.1% | 2024 |
| Effective Tax Rate (2025) | 1.9500% | 1.9500% | — | 1.9500% | 2025 | 1.9500% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$1,141,816 | $1,151,564 | ~$1,315,842 | $1,235,287 | 2023 | $1,023,692 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$61,300,715 | ~$61,300,715 | ~2.0139% | ~$1,234,557 | +4.9% |
| 2027 | ~$64,312,471 | ~$64,312,471 | ~1.9814% | ~$1,274,280 | +10.1% |
| 2028 | ~$67,472,197 | ~$67,472,197 | ~1.9488% | ~$1,314,925 | +15.5% |
| 2029 | ~$70,787,164 | ~$70,787,164 | ~1.9163% | ~$1,356,488 | +21.1% |
| 2030 | ~$74,264,997 | ~$74,264,997 | ~1.8837% | ~$1,398,961 | +27.1% |
| 2026 | ~$60,132,115 | ~$60,132,115 | ~2.0465% | ~$1,230,595 | +2.9% |
| 2027 | ~$61,883,815 | ~$61,883,815 | ~2.0465% | ~$1,266,443 | +5.9% |
| 2028 | ~$63,686,543 | ~$63,686,543 | ~2.0465% | ~$1,303,336 | +9.0% |
| 2029 | ~$65,541,785 | ~$65,541,785 | ~2.0465% | ~$1,341,303 | +12.2% |
| 2030 | ~$67,451,073 | ~$67,451,073 | ~2.0465% | ~$1,380,376 | +15.4% |
| 2026 | ~$62,469,315 | ~$62,469,315 | ~1.9977% | ~$1,247,926 | +6.9% |
| 2027 | ~$66,787,872 | ~$66,787,872 | ~1.9488% | ~$1,301,588 | +14.3% |
| 2028 | ~$71,404,974 | ~$71,404,974 | ~1.9000% | ~$1,356,706 | +22.2% |
| 2029 | ~$76,341,260 | ~$76,341,260 | ~1.8512% | ~$1,413,225 | +30.7% |
| 2030 | ~$81,618,796 | ~$81,618,796 | ~1.8024% | ~$1,471,074 | +39.7% |
In 2025, this property's market value of $58,430,000 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 112× 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 | $58,430,000 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $68,000,000 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $65,600,000 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | — | $506,618 | $615,058 | $906,429 | — | +39.1% |
| 2021 | $48,230,000 | $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.