11210 S INTERSTATE HY 35 TX 78652
| Owner | TCHFC PARK SOUTH LAND LLC |
|---|---|
| Parcel ID | 0443112703 |
| Short ID | 875220 |
| Type | Real |
| Use Code | 08 Apartment 100+ Units |
| Valuation | Income |
| Improvement SF | 231,000 SF |
| Land SF | 147,712 SF |
| Acres | 3.391 |
| Year Built | 2022 |
| Legal | LOT 1A1-1C DOUBLE CREEK VILLAGE RESUB LT 1A-1 |
| Neighborhood | 1SO3 |
| Land | $3,692,799 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $3,692,799 |
| Improvement | $39,466,812 |
|---|---|
| Total Improvement | $39,466,812 |
| Market | $43,159,611 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $43,159,611 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $43,159,611 |
| Taxable Value | $43,159,611 |
|---|
Appreciation: Market value has risen +2334.9% from $1,772,544 (2021) to $43,159,611 (2025), a CAGR of 122.1% over 4 years. This is strong appreciation — well above typical inflation. 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 rose +37.9%, 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 9% of market value ($3,692,799 land vs $39,466,812 improvements), about $25/SF of land. Most value sits in the improvements, so building condition, age (~4 yrs), and rent roll drive the underwriting.
Submarket Position: At $43,159,611, 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 +122.1% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,334,415,419 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 | 231,000 SF | ✓ |
Market value changed by 194% in 2023, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $54,900,000 | $43,159,611 | +27.2% |
| Assessed Value | $54,900,000 | $43,159,611 | +27.2% |
| Land Value | $3,692,799 | $3,692,799 | +0.0% |
| Improvement Value | $51,207,201 | $39,466,812 | +29.7% |
| Taxable Value | — | — | — |
| Exemptions | — | F | |
| Total Tax | Pending certification | — | |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $59,657,500 | $54,900,000 | -4,757,500 (-8.0%) |
| Taxable Value | — | — | — |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $54,900,000 | $3,692,799 | $51,207,201 | — | $54,900,000 | $— | Not yet — post-cert | Certified — no billing yet |
| 2025 | $43,159,611 | $3,692,799 | $39,466,812 | — | $43,159,611 | $— | not in county billing file ⓘ | Partial |
| 2024 | $5,215,320 | — | — | — | — | $— | not in county billing file ⓘ | Partial |
| 2023 | $— | — | — | — | — | $— | not in county billing file ⓘ | Partial |
| 2022 | $— | — | — | — | $1,772,544 | $— | $19,853 | Verified |
| 2021 | $1,772,544 | — | — | — | $1,772,544 | $— | $38,583 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +38.2% | +38.2% | ~100% | Not available | Partial |
| 2025 | +125.5% ! | +125.5% | ~100% | Not available | Partial |
| 2024 | +266.9% ! | +266.9% | ~100% | No billing data | Verified |
| 2023 | +194.2% ! | +194.2% | ~100% | No billing data | Verified |
| 2022 | +0.0% | +0.0% | ~100% | 1.1200% | Verified |
| 2021 | base year | — | ~100% | 2.1800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +2334.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +27.2% | +316.3% | +112.6% | +727.6% | 2025 | +27.2% | 2026 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2021 | 100.0% | 2021 |
|
Effective Tax Rate (2025)
⚑ Billing data available for 2025 only |
— | — | — | — | — | — | — |
| Tax Amount | $38,583 | $38,583 | — | $38,583 | 2021 | $38,583 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$95,873,293 | ~$95,873,293 | ~0.0000% | ~$0 | +122.1% |
| 2027 | ~$212,969,676 | ~$212,969,676 | ~0.0000% | ~$0 | +393.4% |
| 2028 | ~$473,083,602 | ~$473,083,602 | ~0.0000% | ~$0 | +996.1% |
| 2029 | ~$1,050,891,838 | ~$1,050,891,838 | ~0.0000% | ~$0 | +2334.9% |
| 2030 | ~$2,334,415,419 | ~$2,334,415,419 | ~0.0000% | ~$0 | +5308.8% |
| 2026 | ~$95,010,101 | ~$95,010,101 | ~0.0000% | ~$0 | +120.1% |
| 2027 | ~$209,152,008 | ~$209,152,008 | ~0.0000% | ~$0 | +384.6% |
| 2028 | ~$460,420,124 | ~$460,420,124 | ~0.0000% | ~$0 | +966.8% |
| 2029 | ~$1,013,553,216 | ~$1,013,553,216 | ~0.0000% | ~$0 | +2248.4% |
| 2030 | ~$2,231,201,609 | ~$2,231,201,609 | ~0.0000% | ~$0 | +5069.7% |
| 2026 | ~$96,736,486 | ~$96,736,486 | ~0.0000% | ~$0 | +124.1% |
| 2027 | ~$216,821,872 | ~$216,821,872 | ~0.0000% | ~$0 | +402.4% |
| 2028 | ~$485,977,176 | ~$485,977,176 | ~0.0000% | ~$0 | +1026.0% |
| 2029 | ~$1,089,252,728 | ~$1,089,252,728 | ~0.0000% | ~$0 | +2423.8% |
| 2030 | ~$2,441,414,052 | ~$2,441,414,052 | ~0.0000% | ~$0 | +5556.7% |
In 2025, this property's market value of $43,159,611 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 83× 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 | $43,159,611 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $5,215,320 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | — | $503,905 | $617,035 | $919,932 | — | +0.9% |
| 2022 | — | $506,618 | $615,058 | $906,429 | — | +39.1% |
| 2021 | $1,772,544 | $300,453 | $376,850 | $539,896 | ↑ Top 25% | base yr |