600 F M RD 1626
| Owner | HAYWOOD APARTMENTS LLC |
|---|---|
| Parcel ID | 0440131103 |
| Short ID | 963473 |
| Type | Real |
| Use Code | 08 Apartment 100+ Units |
| Valuation | Income |
| Improvement SF | 309,132 SF |
| Land SF | 729,286 SF |
| Acres | 16.742 |
| Year Built | — |
| Legal | 16.7739AC OF LOT 2 DOUBLE CREEK SUBD SEC 2 (PRORATE 1/1/2022 - 2/22/2022) |
| Neighborhood | SC3 |
| Land | $10,939,291 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $10,939,291 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $78,261,918 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $78,261,918 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $78,261,918 |
| Taxable Value | $78,261,918 |
|---|
Appreciation: Market value has fallen -10.2% from $87,126,049 (2023) to $78,261,918 (2025), a CAGR of -5.2% over 2 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2024→2025), 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 -15.8%, 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 ($10,939,291 land vs $0 improvements), about $15/SF of land. Most value sits in the improvements, so building condition, age, and rent roll drive the underwriting.
Submarket Position: At $78,261,918, 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 -5.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $59,848,966 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.
1 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 309,132 SF | ✓ |
| Unit (prop_id) | Owner | Address | Market Value | Assessed Value | Taxable Value |
|---|---|---|---|---|---|
| 963473 | HOUSING AUTHORITY OF AUSTIN | 600 F M RD 1626 | $10,939,291 | $10,939,291 | $0 |
| 975125 | HAYWOOD APARTMENTS LLC | 600 F M RD 1626 | $64,282,829 | $64,282,829 | $0 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $75,222,120 | $78,261,918 | -3.9% |
| Assessed Value | $75,222,120 | $78,261,918 | -3.9% |
| Land Value | $10,939,291 | $10,939,291 | +0.0% |
| Improvement Value | — | — | — |
| Taxable Value | — | — | — |
| Exemptions | — | E | |
| Total Tax | Pending certification | — | |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $75,222,120 | $75,222,120 | +0 (+0.0%) |
| Taxable Value | — | — | — |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $75,222,120 | $10,939,291 | — | — | $75,222,120 | $— | Not yet — post-cert | Certified — no billing yet |
| 2025 | $78,261,918 | $10,939,291 | — | — | $78,261,918 | $— | not in county billing file ⓘ | Partial |
| 2024 | $97,887,562 | — | — | — | — | $— | not in county billing file ⓘ | Partial |
| 2023 | $87,126,049 | — | — | — | — | $— | $96,517 | Verified |
| 2022 | $— | — | — | — | $2,922,684 | $— | $245,137 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -4.5% | -4.5% | ~100% | Not available | Partial |
| 2025 | -2.2% | -2.2% | ~100% | Not available | Partial |
| 2024 | -29.7% | -29.7% | ~100% | No billing data | Verified |
| 2023 | +12.4% | +12.4% | ~100% | 0.0900% | Verified |
| 2022 | base year | — | ~100% | 0.2800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -22.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -3.9% | -3.8% | -4.5% | +12.4% | 2024 | -20.0% | 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 | $96,517 | $96,517 | — | $96,517 | 2023 | $96,517 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$74,174,004 | ~$74,174,004 | ~0.0000% | ~$0 | -5.2% |
| 2027 | ~$70,299,616 | ~$70,299,616 | ~0.0000% | ~$0 | -10.2% |
| 2028 | ~$66,627,603 | ~$66,627,603 | ~0.0000% | ~$0 | -14.9% |
| 2029 | ~$63,147,392 | ~$63,147,392 | ~0.0000% | ~$0 | -19.3% |
| 2030 | ~$59,848,966 | ~$59,848,966 | ~0.0000% | ~$0 | -23.5% |
| 2026 | ~$74,348,822 | ~$74,348,822 | ~0.0000% | ~$0 | -5.0% |
| 2027 | ~$70,631,381 | ~$70,631,381 | ~0.0000% | ~$0 | -9.7% |
| 2028 | ~$67,099,812 | ~$67,099,812 | ~0.0000% | ~$0 | -14.3% |
| 2029 | ~$63,744,821 | ~$63,744,821 | ~0.0000% | ~$0 | -18.5% |
| 2030 | ~$60,557,580 | ~$60,557,580 | ~0.0000% | ~$0 | -22.6% |
| 2026 | ~$75,739,242 | ~$75,739,242 | ~0.0000% | ~$0 | -3.2% |
| 2027 | ~$73,297,881 | ~$73,297,881 | ~0.0000% | ~$0 | -6.3% |
| 2028 | ~$70,935,215 | ~$70,935,215 | ~0.0000% | ~$0 | -9.4% |
| 2029 | ~$68,648,706 | ~$68,648,706 | ~0.0000% | ~$0 | -12.3% |
| 2030 | ~$66,435,900 | ~$66,435,900 | ~0.0000% | ~$0 | -15.1% |
In 2025, this property's market value of $78,261,918 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 151× 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 | $78,261,918 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $97,887,562 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $87,126,049 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | — | $506,618 | $615,058 | $906,429 | — | +39.1% |