2333 CASCADES AVE TX 78747
| Owner | TCHFC CASCADES LAND LLC |
|---|---|
| Parcel ID | 0445110302 |
| Short ID | 937556 |
| Type | Real |
| Use Code | 08 Apartment 100+ Units |
| Valuation | Income |
| Improvement SF | 237,911 SF |
| Land SF | 575,937 SF |
| Acres | 13.222 |
| Year Built | 2022 |
| Legal | LOT 2 BLK U CASCADES AT ONION CREEK WEST PHS 1 |
| Neighborhood | 08SC3 |
| Land | $1,151,875 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,151,875 |
| Improvement | $54,757,210 |
|---|---|
| Total Improvement | $54,757,210 |
| Market | $55,909,085 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $55,909,085 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $55,909,085 |
| Taxable Value | $55,909,085 |
|---|
Appreciation: Market value has risen +2916.1% from $1,853,689 (2022) to $55,909,085 (2025), a CAGR of 211.3% over 3 years. This is strong appreciation — well above typical inflation. Growth has been fairly evenly spread across these years rather than concentrated in one jump. Over the same span, the median Multi-Family parcel countywide fell -15.5%, 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 2% of market value ($1,151,875 land vs $54,757,210 improvements), about $2/SF of land. Most value sits in the improvements, so building condition, age (~4 yrs), and rent roll drive the underwriting.
Submarket Position: At $55,909,085, 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 +211.3% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $16,338,978,624 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 | 237,911 SF | ✓ |
Market value changed by 1426% in 2022, 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 | $53,133,457 | $55,909,085 | -5.0% |
| Assessed Value | $53,133,457 | $55,909,085 | -5.0% |
| Land Value | $1,151,875 | $1,151,875 | +0.0% |
| Improvement Value | $51,981,582 | $54,757,210 | -5.1% |
| Taxable Value | — | — | — |
| Exemptions | — | E | |
| Total Tax | Pending certification | — | |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $53,133,457 | $53,133,457 | +0 (+0.0%) |
| Taxable Value | — | — | — |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $53,133,457 | $1,151,875 | $51,981,582 | — | $53,133,457 | $— | Not yet — post-cert | Certified — no billing yet |
| 2025 | $55,909,085 | $1,151,875 | $54,757,210 | — | $55,909,085 | $— | not in county billing file ⓘ | Partial |
| 2024 | $38,388,149 | — | — | — | — | $— | not in county billing file ⓘ | Partial |
| 2023 | $28,282,294 | — | — | — | — | $— | not in county billing file ⓘ | Partial |
| 2022 | $1,853,689 | — | — | — | — | $— | not in county billing file ⓘ | Partial |
| 2021 | $— | — | — | — | $1,151,875 | $— | $1,943 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -5.0% | -5.0% | ~100% | Not available | Partial |
| 2025 | +5.0% | +5.0% | ~100% | Not available | Partial |
| 2024 | +38.7% | +38.7% | ~100% | No billing data | Verified |
| 2023 | +35.7% | +35.7% | ~100% | No billing data | Verified |
| 2022 | +1425.7% ! | +1425.7% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +2916.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -5.0% | +375.5% | +214.5% | +1425.7% | 2023 | -5.0% | 2026 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2025 | 100.0% | 2025 |
|
Effective Tax Rate (2025)
⚑ Billing data available for 2025 only |
— | — | — | — | — | — | — |
|
Tax Amount
⚑ Billing data available for 2025 only |
— | — | — | — | — | — | — |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$174,032,712 | ~$174,032,712 | ~0.0000% | ~$0 | +211.3% |
| 2027 | ~$541,725,642 | ~$541,725,642 | ~0.0000% | ~$0 | +868.9% |
| 2028 | ~$1,686,273,040 | ~$1,686,273,040 | ~0.0000% | ~$0 | +2916.1% |
| 2029 | ~$5,248,997,919 | ~$5,248,997,919 | ~0.0000% | ~$0 | +9288.5% |
| 2030 | ~$16,338,978,624 | ~$16,338,978,624 | ~0.0000% | ~$0 | +29124.2% |
| 2026 | ~$172,914,531 | ~$172,914,531 | ~0.0000% | ~$0 | +209.3% |
| 2027 | ~$534,786,697 | ~$534,786,697 | ~0.0000% | ~$0 | +856.5% |
| 2028 | ~$1,653,977,894 | ~$1,653,977,894 | ~0.0000% | ~$0 | +2858.3% |
| 2029 | ~$5,115,390,658 | ~$5,115,390,658 | ~0.0000% | ~$0 | +9049.5% |
| 2030 | ~$15,820,780,725 | ~$15,820,780,725 | ~0.0000% | ~$0 | +28197.3% |
| 2026 | ~$175,150,894 | ~$175,150,894 | ~0.0000% | ~$0 | +213.3% |
| 2027 | ~$548,709,314 | ~$548,709,314 | ~0.0000% | ~$0 | +881.4% |
| 2028 | ~$1,718,985,865 | ~$1,718,985,865 | ~0.0000% | ~$0 | +2974.6% |
| 2029 | ~$5,385,205,482 | ~$5,385,205,482 | ~0.0000% | ~$0 | +9532.1% |
| 2030 | ~$16,870,666,986 | ~$16,870,666,986 | ~0.0000% | ~$0 | +30075.2% |
In 2025, this property's market value of $55,909,085 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 108× 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 | $55,909,085 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $38,388,149 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $28,282,294 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $1,853,689 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | — | $300,453 | $376,850 | $539,896 | — | base yr |