2121 RABB RD TX 78704
| Owner | MARTINEZ CARLOS M |
|---|---|
| Parcel ID | 0100081214 |
| Short ID | 100756 |
| Type | Real |
| Use Code | 02 Duplex |
| Valuation | Cost |
| Improvement SF | 2,184 SF |
| Land SF | 14,208 SF |
| Acres | 0.326 |
| Year Built | 1965 |
| Legal | LOT 2A * RESUB OF LOT 2-3 AVON HEIGHTS SEC 5 |
| Neighborhood | L1005 |
| Land | $841,783 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $841,783 |
| Improvement | $246,460 |
|---|---|
| Total Improvement | $246,460 |
| Market | $1,088,243 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,088,243 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,088,243 |
| Exemptions on file | HS |
|---|---|
| Taxable Value | $1,088,243 |
Appreciation: Market value has risen +22.3% from $889,696 (2021) to $1,088,243 (2025), a CAGR of 5.2% over 4 years. This represents moderate, steady growth. Most of this growth came in a single year (2021→2022), 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 +19.0%, so this parcel has outpaced 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 $22,271. Austin ISD is the largest single contributor, at 46.8% of the total 2025 levy.
Asset Class: Multi-family residential. This is valued using the cost approach, tied more to replacement cost and physical condition than to income performance.
Value Composition: Land carries 77% of market value ($841,783 land vs $246,460 improvements), about $59/SF of land. With value concentrated in the land under a ~61-year-old structure, this reads as a land-dominated asset — the classic higher-and-best-use / redevelopment signal. Underwrite the dirt, not the building.
Submarket Position: At $1,088,243, this parcel sits in the top quartile (≥75th percentile) of Multi-Family property in Travis County — county median $519,086 (P25 $438,150 / P75 $747,031, n=12,570). 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 +3.3% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $1,226,451 by 2031, with an estimated annual tax burden around $23,103. 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.
6 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 2,184 SF | ✓ |
| 095 | HVAC RESIDENTIAL | 2,184 SF | ✗ |
| 041 | GARAGE ATT 1ST F | 441 SF | ✓ |
| 612 | TERRACE UNCOVERD | 340 SF | ✗ |
| 011 | PORCH OPEN 1ST F | 32 SF | ✗ |
| 251 | BATHROOM | 2 SF | ✓ |
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.
| 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% | $8,773.14 | $8,773.14 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $4,562.06 | $4,562.06 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,272.08 | $3,272.08 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,113.99 | $1,113.99 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,027.50 | $1,027.50 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $18,748.77 | $18,748.77 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $8,773.14 | 46.8% |
| CAT City of Austin | 0.5240% | $4,562.06 | 24.3% |
| TCO Travis County | 0.3758% | $3,272.08 | 17.5% |
| ACT Austin Community College | 0.1034% | $1,113.99 | 5.9% |
| THD Travis Central Health | 0.1180% | $1,027.50 | 5.5% |
| Total | 2.0465% | $18,748.77 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,044,590 | $1,088,243 | -4.0% |
| Assessed Value | $1,044,590 | $1,088,243 | -4.0% |
| Land Value | $841,783 | $841,783 | +0.0% |
| Improvement Value | $202,807 | $246,460 | -17.7% |
| Taxable Value | $1,044,590 | $1,088,243 | -4.0% |
| Exemptions | HS | HS | |
| Total Tax 2026 = estimate |
~$21,377
Estimated
|
~$18,749
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $1,044,590 | $841,783 | $202,807 | — | $1,044,590 | $1,044,590 | Not yet — post-cert | Preliminary |
| 2025 | $1,088,243 | $841,783 | $246,460 | — | $1,088,243 | $1,088,243 | ~$18,749 | Partial |
| 2024 | $1,244,008 | $1,050,000 | $194,008 | −$79,247 | $1,164,761 | $931,809 | $19,955 | Verified |
| 2023 | $1,380,377 | $1,050,000 | $330,377 | −$321,503 | $1,058,874 | $847,099 | $16,485 | Verified |
| 2022 | $1,412,839 | $1,050,000 | $362,839 | −$450,226 | $962,613 | $770,090 | $16,909 | Verified |
| 2021 | $889,696 | $700,000 | $189,696 | −$14,593 | $875,103 | $700,082 | $17,006 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -4.0% | -4.0% | ~100% | Not available | Partial |
| 2025 | -12.5% | -6.6% | ~100% | Not available | Partial |
| 2024 | -9.9% | +10.0% | 93.6% | No billing data | Verified |
| 2023 | -2.3% | +10.0% | 76.7% | No billing data | Verified |
| 2022 | +58.8% | +10.0% | 68.1% | No billing data | Verified |
| 2021 | base year | — | 98.4% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +22.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -4.0% | +6.0% | +3.3% | +58.8% | 2022 | -12.5% | 2025 |
| Assessment Ratio | 100.0% | 89.5% | — | 100.0% | 2025 | 68.1% | 2022 |
| Effective Tax Rate (2025) | 1.7200% | 1.7200% | — | 1.7200% | 2025 | 1.7200% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$18,749 | $17,821 | ~$22,414 | $19,955 | 2024 | $16,485 | 2023 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$1,078,665 | ~$1,078,665 | ~2.0139% | ~$21,724 | +3.3% |
| 2028 | ~$1,113,852 | ~$1,113,852 | ~1.9814% | ~$22,070 | +6.6% |
| 2029 | ~$1,150,187 | ~$1,150,187 | ~1.9488% | ~$22,415 | +10.1% |
| 2030 | ~$1,187,707 | ~$1,187,707 | ~1.9163% | ~$22,760 | +13.7% |
| 2031 | ~$1,226,451 | ~$1,226,451 | ~1.8837% | ~$23,103 | +17.4% |
| 2027 | ~$1,057,774 | ~$1,057,774 | ~2.0465% | ~$21,647 | +1.3% |
| 2028 | ~$1,071,123 | ~$1,071,123 | ~2.0465% | ~$21,920 | +2.5% |
| 2029 | ~$1,084,642 | ~$1,084,642 | ~2.0465% | ~$22,197 | +3.8% |
| 2030 | ~$1,098,331 | ~$1,098,331 | ~2.0465% | ~$22,477 | +5.1% |
| 2031 | ~$1,112,193 | ~$1,112,193 | ~2.0465% | ~$22,761 | +6.5% |
| 2027 | ~$1,099,557 | ~$1,099,557 | ~1.9977% | ~$21,965 | +5.3% |
| 2028 | ~$1,157,417 | ~$1,157,417 | ~1.9488% | ~$22,556 | +10.8% |
| 2029 | ~$1,218,321 | ~$1,218,321 | ~1.9000% | ~$23,148 | +16.6% |
| 2030 | ~$1,282,430 | ~$1,282,430 | ~1.8512% | ~$23,740 | +22.8% |
| 2031 | ~$1,349,912 | ~$1,349,912 | ~1.8024% | ~$24,330 | +29.2% |
In 2025, this property's market value of $1,088,243 places it in the top 25% for Multi-Family properties in Travis County (12570 comparable) — +110% above the county median of $519,086. 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 | $1,088,243 | $438,150 | $519,086 | $747,031 | ↑ Top 25% | -7.5% |
| 2024 | $1,244,008 | $467,312 | $564,206 | $847,583 | ↑ Top 25% | -6.3% |
| 2023 | $1,380,377 | $503,694 | $616,727 | $918,308 | ↑ Top 25% | +0.9% |
| 2022 | $1,412,839 | $506,269 | $614,560 | $904,074 | ↑ Top 25% | +39.0% |
| 2021 | $889,696 | $353,349 | $436,046 | $657,886 | ↑ Top 25% | base yr |
| Source | What it provides | Coverage for this parcel | Confidence |
|---|---|---|---|
| TCAD Certified Appraisal Roll ↗ | Market, assessed, and taxable value; land/improvement split; exemptions | 2025 | Certified |
| Texas Comptroller Annual Jurisdiction Roll (AJR) | Prior-year market and taxable value | 2021–2024 | Verified |
| TCAD Preliminary Export ↗ | First-look 2026 appraisal value, subject to change at certification | 2026 (exported June 9, 2026; certifies July 25, 2026) | Preliminary |
| Travis County Rates History ↗ | Adopted tax rate for each of this parcel's taxing entities | 1990–2025 | Verified |
| TaxCurOpenData | Current-year (2025) tax billing, by taxing entity | 2025 | Partial |
| PIR bulk billing export | Prior-year tax billing, Travis County Tax Office | 2021, 2022, 2023, 2024 | Verified |
| Satellite imagery (Esri World Imagery) | Aerial view of the parcel | Located by geocoding this parcel's address — may not resolve for every address | — |