603 JOSEPHINE ST TX 78704
| Owner | KOHLHAAS KIMBERLY R |
|---|---|
| Parcel ID | 0103030139 |
| Short ID | 103199 |
| Type | Real |
| Use Code | 02 Duplex |
| Valuation | Cost |
| Improvement SF | 1,344 SF |
| Land SF | 10,715 SF |
| Acres | 0.246 |
| Year Built | 1950 |
| Legal | W149.99FT AV OF LOT 6 BLK D BLUFF VIEW |
| Neighborhood | L1005 |
| Land | $1,029,915 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,029,915 |
| Improvement | $33,589 |
|---|---|
| Total Improvement | $33,589 |
| Market | $1,063,504 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,063,504 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,063,504 |
| Exemptions on file | HS |
|---|---|
| Taxable Value | $1,063,504 |
Appreciation: Market value has risen +14.1% from $932,020 (2021) to $1,063,504 (2025), a CAGR of 3.4% over 4 years. Growth has been relatively flat for this asset class. 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 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 $21,764. Austin ISD is the largest single contributor, at 46.7% 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 97% of market value ($1,029,915 land vs $33,589 improvements), about $96/SF of land. With value concentrated in the land under a ~76-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 $1,063,504, 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 +4.6% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $1,457,549 by 2031, with an estimated annual tax burden around $27,456. 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.
5 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 1,344 SF | ✓ |
| 095 | HVAC RESIDENTIAL | 1,344 SF | ✗ |
| 061 | CARPORT ATT 1ST | 432 SF | ✗ |
| 581 | STORAGE ATT | 72 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% | $8,544.26 | $8,544.26 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $4,458.35 | $4,458.35 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,197.70 | $3,197.70 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,088.67 | $1,088.67 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,004.14 | $1,004.14 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $18,293.12 | $18,293.12 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $8,544.26 | 46.7% |
| CAT City of Austin | 0.5240% | $4,458.35 | 24.4% |
| TCO Travis County | 0.3758% | $3,197.70 | 17.5% |
| ACT Austin Community College | 0.1034% | $1,088.67 | 6.0% |
| THD Travis Central Health | 0.1180% | $1,004.14 | 5.5% |
| Total | 2.0465% | $18,293.12 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,165,532 | $1,063,504 | +9.6% |
| Assessed Value | $1,165,532 | $1,063,504 | +9.6% |
| Land Value | $1,029,915 | $1,029,915 | +0.0% |
| Improvement Value | $135,617 | $33,589 | +303.8% |
| Taxable Value | $1,165,532 | $1,063,504 | +9.6% |
| Exemptions | HS | HS | |
| Total Tax 2026 = estimate |
~$23,852
Estimated
|
~$18,293
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $1,165,532 | $1,029,915 | $135,617 | — | $1,165,532 | $1,165,532 | Not yet — post-cert | Preliminary |
| 2025 | $1,063,504 | $1,029,915 | $33,589 | — | $1,063,504 | $1,063,504 | ~$18,293 | Partial |
| 2024 | $1,216,426 | $1,215,000 | $1,426 | — | $1,216,426 | $973,141 | $20,882 | Verified |
| 2023 | $1,343,021 | $1,215,000 | $128,021 | −$215,277 | $1,127,744 | $902,195 | $17,613 | Verified |
| 2022 | $1,304,754 | $1,215,000 | $89,754 | −$279,532 | $1,025,222 | $820,178 | $18,035 | Verified |
| 2021 | $932,020 | $810,000 | $122,020 | — | $932,020 | $745,616 | $18,129 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +9.6% | +9.6% | ~100% | Not available | Partial |
| 2025 | -12.6% | -12.6% | ~100% | Not available | Partial |
| 2024 | -9.4% | +7.9% | ~100% | No billing data | Verified |
| 2023 | +2.9% | +10.0% | 84.0% | No billing data | Verified |
| 2022 | +40.0% | +10.0% | 78.6% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +14.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +9.6% | +6.1% | +4.6% | +40.0% | 2022 | -12.6% | 2025 |
| Assessment Ratio | 100.0% | 93.8% | — | 100.0% | 2021 | 78.6% | 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 |
$18,293 | $18,590 | ~$25,988 | $20,882 | 2024 | $17,613 | 2023 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$1,218,832 | ~$1,218,832 | ~2.0139% | ~$24,547 | +4.6% |
| 2028 | ~$1,274,570 | ~$1,274,570 | ~1.9814% | ~$25,254 | +9.4% |
| 2029 | ~$1,332,857 | ~$1,332,857 | ~1.9488% | ~$25,975 | +14.4% |
| 2030 | ~$1,393,809 | ~$1,393,809 | ~1.9163% | ~$26,709 | +19.6% |
| 2031 | ~$1,457,549 | ~$1,457,549 | ~1.8837% | ~$27,456 | +25.1% |
| 2027 | ~$1,195,522 | ~$1,195,522 | ~2.0465% | ~$24,466 | +2.6% |
| 2028 | ~$1,226,283 | ~$1,226,283 | ~2.0465% | ~$25,096 | +5.2% |
| 2029 | ~$1,257,836 | ~$1,257,836 | ~2.0465% | ~$25,741 | +7.9% |
| 2030 | ~$1,290,201 | ~$1,290,201 | ~2.0465% | ~$26,404 | +10.7% |
| 2031 | ~$1,323,399 | ~$1,323,399 | ~2.0465% | ~$27,083 | +13.5% |
| 2027 | ~$1,242,143 | ~$1,242,143 | ~1.9977% | ~$24,814 | +6.6% |
| 2028 | ~$1,323,790 | ~$1,323,790 | ~1.9488% | ~$25,799 | +13.6% |
| 2029 | ~$1,410,803 | ~$1,410,803 | ~1.9000% | ~$26,805 | +21.0% |
| 2030 | ~$1,503,536 | ~$1,503,536 | ~1.8512% | ~$27,833 | +29.0% |
| 2031 | ~$1,602,364 | ~$1,602,364 | ~1.8024% | ~$28,881 | +37.5% |
In 2025, this property's market value of $1,063,504 places it in the top 25% for Multi-Family properties in Travis County (12570 comparable) — +105% 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 | $1,063,504 | $438,150 | $519,086 | $747,031 | ↑ Top 25% | -7.5% |
| 2024 | $1,216,426 | $467,312 | $564,206 | $847,583 | ↑ Top 25% | -6.3% |
| 2023 | $1,343,021 | $503,694 | $616,727 | $918,308 | ↑ Top 25% | +0.9% |
| 2022 | $1,304,754 | $506,269 | $614,560 | $904,074 | ↑ Top 25% | +39.0% |
| 2021 | $932,020 | $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 | — |