S INTERSTATE HY 35 TX 78652
| Owner | GCP XXV LTD |
|---|---|
| Parcel ID | 0448180601 |
| Short ID | 868486 |
| Type | Real |
| Use Code | 08 Apartment 100+ Units |
| Valuation | Income |
| Improvement SF | 288,750 SF |
| Land SF | 647,389 SF |
| Acres | 14.862 |
| Year Built | 2022 |
| Legal | ABS 785 SUR 535 VARCINAS T ACR 14.866 |
| Neighborhood | 1SO3 |
| Land | $6,473,887 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $6,473,887 |
| Improvement | $51,716,113 |
|---|---|
| Total Improvement | $51,716,113 |
| Market | $58,190,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $58,190,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $58,190,000 |
| Taxable Value | $58,190,000 |
|---|
Appreciation: Market value has risen +2463.6% from $2,269,824 (2021) to $58,190,000 (2025), a CAGR of 125.0% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2023→2024), 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.
Tax Burden: The combined rate across 5 taxing entities is 1.6225% in 2025 (+0.0183% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $944,114. Austin ISD is the largest single contributor, at 47.0% 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 11% of market value ($6,473,887 land vs $51,716,113 improvements), about $10/SF of land. Most value sits in the improvements, so building condition, age (~4 yrs), and rent roll drive the underwriting.
Submarket Position: At $58,190,000, 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 +270.8% Base-scenario CAGR (Based on 2022–2025 certified trend, projected forward from 2025), the model projects market value near $40,795,116,835 by 2030, with an estimated annual tax burden around $1,387,885. 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 | 288,750 SF | ✓ |
Market value changed by 87% in 2022, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| 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% | $538,373.88 | $538,373.88 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $218,704.21 | $218,704.21 | Paid |
| P2P | — | — | — | — | — | — | $201,979.76 | $201,979.76 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $68,677.58 | $68,677.58 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $60,168.46 | $60,168.46 | Paid |
| E05 Travis County ESD # 05 | 0.1000% | 0.1000% | 0.1000% | 0.1000% | 0.1000% | +0.0000% | $58,190.00 | $58,190.00 | Paid |
| Combined Rate | 1.7357% | 1.6122% | 1.4634% | 1.6042% | 1.6225% | +0.0183% | $1,146,093.89 | $1,146,093.89 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $54,670,000 | $58,190,000 | -6.0% |
| Assessed Value | $54,670,000 | $58,190,000 | -6.0% |
| Land Value | $6,473,887 | $6,473,887 | +0.0% |
| Improvement Value | $48,196,113 | $51,716,113 | -6.8% |
| Taxable Value | $54,670,000 | $58,190,000 | -6.0% |
| Total Tax 2026 = estimate |
~$887,003
Estimated
|
~$1,146,094
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $55,918,514 | $54,670,000 | -1,248,514 (-2.2%) |
| Taxable Value | $55,918,514 | $54,670,000 | -1,248,514 (-2.2%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $54,670,000 | $6,473,887 | $48,196,113 | — | $54,670,000 | $54,670,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $58,190,000 | $6,473,887 | $51,716,113 | — | $58,190,000 | $58,190,000 | ~$1,146,094 | Partial |
| 2024 | $39,932,000 | — | — | — | — | $— | $1,431,273 | Verified |
| 2023 | $4,231,988 | — | — | — | — | $— | $778,707 | Verified |
| 2022 | $— | — | — | — | — | $— | $258,434 | Verified |
| 2021 | $2,269,824 | — | — | −$3,354 | $2,266,470 | $— | $225,510 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -3.9% | -3.9% | ~100% | Not available | Partial |
| 2025 | -24.3% | -24.3% | ~100% | Not available | Partial |
| 2024 | +92.5% ! | +92.5% | ~100% | 1.8600% | Verified |
| 2023 | +843.6% ! | +843.6% | ~100% | 1.9500% | Verified |
| 2022 | +86.7% ! | +86.7% | ~100% | 6.1100% | Verified |
| 2021 | base year | — | ~100% | 9.9400% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +2467.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -6.0% | +242.4% | +275.6% | +843.6% | 2024 | -6.0% | 2026 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2025 | 99.9% | 2021 |
| Effective Tax Rate (2025) | 1.9700% | 1.9700% | — | 1.9700% | 2025 | 1.9700% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$1,146,094 | $895,396 | ~$1,197,499 | $1,431,273 | 2024 | $225,510 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$215,774,601 | ~$64,009,000 | ~1.5942% | ~$1,020,409 | +270.8% |
| 2027 | ~$800,114,769 | ~$70,409,900 | ~1.5659% | ~$1,102,522 | +1275.0% |
| 2028 | ~$2,966,909,175 | ~$77,450,890 | ~1.5376% | ~$1,190,854 | +4998.7% |
| 2029 | ~$11,001,609,266 | ~$85,195,979 | ~1.5093% | ~$1,285,826 | +18806.4% |
| 2030 | ~$40,795,116,835 | ~$93,715,577 | ~1.4810% | ~$1,387,885 | +70006.7% |
| 2026 | ~$214,610,801 | ~$64,009,000 | ~1.6225% | ~$1,038,526 | +268.8% |
| 2027 | ~$791,507,061 | ~$70,409,900 | ~1.6225% | ~$1,142,378 | +1260.2% |
| 2028 | ~$2,919,160,753 | ~$77,450,890 | ~1.6225% | ~$1,256,616 | +4916.6% |
| 2029 | ~$10,766,169,912 | ~$85,195,979 | ~1.6225% | ~$1,382,277 | +18401.8% |
| 2030 | ~$39,706,759,708 | ~$93,715,577 | ~1.6225% | ~$1,520,505 | +68136.4% |
| 2026 | ~$216,938,401 | ~$64,009,000 | ~1.5800% | ~$1,011,351 | +272.8% |
| 2027 | ~$808,769,029 | ~$70,409,900 | ~1.5376% | ~$1,082,594 | +1289.9% |
| 2028 | ~$3,015,175,456 | ~$77,450,890 | ~1.4951% | ~$1,157,973 | +5081.6% |
| 2029 | ~$11,240,889,189 | ~$85,195,979 | ~1.4527% | ~$1,237,601 | +19217.6% |
| 2030 | ~$41,907,209,580 | ~$93,715,577 | ~1.4102% | ~$1,321,575 | +71917.9% |
In 2025, this property's market value of $58,190,000 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 | $58,190,000 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $39,932,000 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $4,231,988 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | — | $506,618 | $615,058 | $906,429 | — | +39.1% |
| 2021 | $2,269,824 | $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.