1901 ONION CREEK PKWY TX 78747
| Owner | COLONIAL REALTY L P |
|---|---|
| Parcel ID | 0448180213 |
| Short ID | 715740 |
| Type | Real |
| Use Code | 08 Apartment 100+ Units |
| Valuation | Income |
| Improvement SF | 312,560 SF |
| Land SF | 1,396,690 SF |
| Acres | 32.064 |
| Year Built | 2008 |
| Legal | LOT 1 BLK A DOUBLE CREEK VILLAGE BLOCK A |
| Neighborhood | 08SC3 |
| Land | $13,966,904 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $13,966,904 |
| Improvement | $46,463,096 |
|---|---|
| Total Improvement | $46,463,096 |
| Market | $60,430,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $60,430,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $60,430,000 |
| Taxable Value | $60,430,000 |
|---|
Appreciation: Market value has risen +30.6% from $46,260,000 (2021) to $60,430,000 (2025), a CAGR of 6.9% 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 $1,236,691. 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 23% of market value ($13,966,904 land vs $46,463,096 improvements), about $10/SF of land. Most value sits in the improvements, so building condition, age (~18 yrs), and rent roll drive the underwriting.
Submarket Position: At $60,430,000, 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 +6.9% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $84,393,948 by 2030, with an estimated annual tax burden around $1,589,765. 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.
7 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 180,000 SF | ✗ |
| 1ST | 1st Floor | 156,280 SF | ✓ |
| 2ND | 2nd Floor | 156,280 SF | ✓ |
| MISC | Miscellaneous | 6,161 SF | ✓ |
| 601 | POOL COMM'L | 2,000 SF | ✗ |
| 041C | GARAGE ATT 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% | $527,132.70 | $527,132.70 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $298,558.69 | $298,558.69 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $214,137.69 | $214,137.69 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $67,243.60 | $67,243.60 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $58,912.15 | $58,912.15 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $1,165,984.83 | $1,165,984.83 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $55,570,000 | $60,430,000 | -8.0% |
| Assessed Value | $55,570,000 | $60,430,000 | -8.0% |
| Land Value | $13,966,904 | $13,966,904 | +0.0% |
| Improvement Value | $41,603,096 | $46,463,096 | -10.5% |
| Taxable Value | $55,570,000 | $60,430,000 | -8.0% |
| Total Tax 2026 = estimate |
~$1,137,232
Estimated
|
~$1,165,985
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $55,570,000 | $55,570,000 | +0 (+0.0%) |
| Taxable Value | $55,570,000 | $55,570,000 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $55,570,000 | $13,966,904 | $41,603,096 | — | $55,570,000 | $55,570,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $60,430,000 | $13,966,904 | $46,463,096 | — | $60,430,000 | $60,430,000 | ~$1,165,985 | Partial |
| 2024 | $76,260,000 | — | — | −$62,293,096 | $13,966,904 | $— | $1,240,660 | Verified |
| 2023 | $65,100,000 | — | — | −$51,133,096 | $13,966,904 | $— | $1,289,752 | Verified |
| 2022 | $— | — | — | — | $5,597,112 | $— | $1,290,773 | Verified |
| 2021 | $46,260,000 | — | — | −$40,662,888 | $5,597,112 | $— | $993,009 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -8.0% | -8.0% | ~100% | Not available | Partial |
| 2025 | -6.3% | -6.3% | ~100% | Not available | Partial |
| 2024 | -15.4% | -15.4% | ~100% | 1.9200% | Verified |
| 2023 | +8.6% | +8.6% | ~100% | 1.6900% | Verified |
| 2022 | +46.2% | +46.2% | ~100% | 1.8400% | Verified |
| 2021 | base year | — | ~100% | 2.1500% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +25.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -8.0% | +7.3% | +8.8% | +40.7% | 2023 | -20.8% | 2025 |
| Assessment Ratio | 100.0% | 50.4% | — | 100.0% | 2025 | 12.1% | 2021 |
| Effective Tax Rate (2025) | 1.9300% | 1.9300% | — | 1.9300% | 2025 | 1.9300% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$1,165,985 | $1,172,351 | ~$1,442,221 | $1,289,752 | 2023 | $993,009 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$64,604,733 | ~$64,604,733 | ~2.0139% | ~$1,301,098 | +6.9% |
| 2027 | ~$69,067,872 | ~$69,067,872 | ~1.9814% | ~$1,368,503 | +14.3% |
| 2028 | ~$73,839,342 | ~$73,839,342 | ~1.9488% | ~$1,439,010 | +22.2% |
| 2029 | ~$78,940,443 | ~$78,940,443 | ~1.9163% | ~$1,512,729 | +30.6% |
| 2030 | ~$84,393,948 | ~$84,393,948 | ~1.8837% | ~$1,589,765 | +39.7% |
| 2026 | ~$63,396,133 | ~$63,396,133 | ~2.0465% | ~$1,297,392 | +4.9% |
| 2027 | ~$66,507,855 | ~$66,507,855 | ~2.0465% | ~$1,361,073 | +10.1% |
| 2028 | ~$69,772,312 | ~$69,772,312 | ~2.0465% | ~$1,427,880 | +15.5% |
| 2029 | ~$73,197,001 | ~$73,197,001 | ~2.0465% | ~$1,497,966 | +21.1% |
| 2030 | ~$76,789,787 | ~$76,789,787 | ~2.0465% | ~$1,571,491 | +27.1% |
| 2026 | ~$65,813,333 | ~$65,813,333 | ~1.9977% | ~$1,314,728 | +8.9% |
| 2027 | ~$71,676,234 | ~$71,676,234 | ~1.9488% | ~$1,396,855 | +18.6% |
| 2028 | ~$78,061,424 | ~$78,061,424 | ~1.9000% | ~$1,483,180 | +29.2% |
| 2029 | ~$85,015,430 | ~$85,015,430 | ~1.8512% | ~$1,573,801 | +40.7% |
| 2030 | ~$92,588,927 | ~$92,588,927 | ~1.8024% | ~$1,668,796 | +53.2% |
In 2025, this property's market value of $60,430,000 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 116× 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 | $60,430,000 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $76,260,000 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $65,100,000 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | — | $506,618 | $615,058 | $906,429 | — | +39.1% |
| 2021 | $46,260,000 | $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.