702 ROCKPARK DR TX 78746
| Owner | FAUDREE CHRISTOPHER KEEGAN |
|---|---|
| Parcel ID | 0109130505 |
| Short ID | 107681 |
| Type | Real |
| Use Code | 02 Duplex |
| Valuation | Cost |
| Improvement SF | 2,568 SF |
| Land SF | 15,008 SF |
| Acres | 0.345 |
| Year Built | 1970 |
| Legal | LOT 18 WESTWOOD VILLAS SEC 3-A |
| Neighborhood | M5705 |
| Land | $950,400 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $950,400 |
| Improvement | $126,216 |
|---|---|
| Total Improvement | $126,216 |
| Market | $1,076,616 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,076,616 |
| Value Limitation Adjustment (−) (homestead cap) | −$16,110 |
| Net Appraised (assessed) | $1,060,506 |
| Taxable Value | $1,060,506 |
|---|
Appreciation: Market value has risen +58.8% from $677,822 (2021) to $1,076,616 (2025), a CAGR of 12.3% over 4 years. This is strong appreciation — well above typical inflation. 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 1.4611% in 2025 (-0.0092% vs 2024 — rates decreased ). At the current taxable value, estimated annual taxes are $15,495. Eanes ISD is the largest single contributor, at 57.0% of the total 2025 levy.
Assessment Gap: Assessed value ($1,060,506) is $16,110 below market value, suggesting potential for an upward assessment in future years.
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 88% of market value ($950,400 land vs $126,216 improvements), about $63/SF of land. With value concentrated in the land under a ~56-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 $1,076,616, 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 +8.6% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $1,546,552 by 2031, with an estimated annual tax burden around $18,210. 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.
9 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 2,568 SF | ✓ |
| 095 | HVAC RESIDENTIAL | 2,568 SF | ✗ |
| 061 | CARPORT ATT 1ST | 501 SF | ✗ |
| 612 | TERRACE UNCOVERD | 416 SF | ✗ |
| 011 | PORCH OPEN 1ST F | 318 SF | ✗ |
| 051 | CARPORT DET 1ST | 240 SF | ✗ |
| 581 | STORAGE ATT | 125 SF | ✓ |
| 251 | BATHROOM | 4 SF | ✓ |
| 522 | FIREPLACE | 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 |
|---|---|---|---|---|---|---|---|---|---|
| IEA Eanes ISD | 1.0608% | 1.0046% | 0.8880% | 0.8855% | 0.8322% | -0.0533% | $8,825.53 | $8,825.53 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,985.86 | $3,985.86 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,251.64 | $1,251.64 | Paid |
| E09 Travis County ESD # 09 | 0.0807% | 0.0726% | 0.0735% | 0.0710% | 0.0758% | +0.0048% | $803.86 | $803.86 | Paid |
| W10 WCID # 10 | 0.0773% | 0.0675% | 0.0634% | 0.0614% | 0.0592% | -0.0022% | $627.82 | $627.82 | Paid |
| Combined Rate | 1.6880% | 1.5616% | 1.4302% | 1.4703% | 1.4611% | -0.0092% | $15,494.71 | $15,494.71 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IEA Eanes ISD | 0.8322% | $8,825.53 | 57.0% |
| TCO Travis County | 0.3758% | $3,985.86 | 25.7% |
| THD Travis Central Health | 0.1180% | $1,251.64 | 8.1% |
| E09 Travis County ESD # 09 | 0.0758% | $803.86 | 5.2% |
| W10 WCID # 10 | 0.0592% | $627.82 | 4.1% |
| Total | 1.4611% | $15,494.71 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,023,859 | $1,076,616 | -4.9% |
| Assessed Value | $1,023,859 | $1,060,506 | -3.5% |
| Land Value | $828,920 | $950,400 | -12.8% |
| Improvement Value | $194,939 | $126,216 | +54.4% |
| Taxable Value | $1,023,859 | $1,060,506 | -3.5% |
| Total Tax 2026 = estimate |
~$14,959
Estimated
|
~$15,495
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $1,023,859 | $828,920 | $194,939 | — | $1,023,859 | $1,023,859 | Not yet — post-cert | Preliminary |
| 2025 | $1,076,616 | $950,400 | $126,216 | −$16,110 | $1,060,506 | $1,060,506 | ~$15,495 | Partial |
| 2024 | $883,755 | $760,000 | $123,755 | — | $883,755 | $883,755 | $12,994 | Verified |
| 2023 | $1,002,879 | $760,000 | $242,879 | — | $1,002,879 | $1,002,879 | $14,344 | Verified |
| 2022 | $985,532 | $760,000 | $225,532 | — | $985,532 | $985,532 | $15,390 | Verified |
| 2021 | $677,822 | $427,500 | $250,322 | — | $677,822 | $677,822 | $10,938 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -4.9% | -3.5% | ~100% | Not available | Partial |
| 2025 | +21.8% | +20.0% | 98.5% | Not available | Partial |
| 2024 | -11.9% | -11.9% | ~100% | No billing data | Verified |
| 2023 | +1.8% | +1.8% | ~100% | No billing data | Verified |
| 2022 | +45.4% | +45.4% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +58.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -4.9% | +10.4% | +8.6% | +45.4% | 2022 | -11.9% | 2024 |
| Assessment Ratio | 100.0% | 99.8% | — | 100.0% | 2021 | 98.5% | 2025 |
| Effective Tax Rate (2025) | 1.4400% | 1.4400% | — | 1.4400% | 2025 | 1.4400% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$15,495 | $13,832 | ~$16,920 | $15,495 | 2025 | $10,938 | 2021 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$1,111,898 | ~$1,111,898 | ~1.4043% | ~$15,615 | +8.6% |
| 2028 | ~$1,207,508 | ~$1,207,508 | ~1.3476% | ~$16,273 | +17.9% |
| 2029 | ~$1,311,339 | ~$1,311,339 | ~1.2909% | ~$16,928 | +28.1% |
| 2030 | ~$1,424,098 | ~$1,424,098 | ~1.2342% | ~$17,576 | +39.1% |
| 2031 | ~$1,546,552 | ~$1,546,552 | ~1.1774% | ~$18,210 | +51.1% |
| 2027 | ~$1,091,421 | ~$1,091,421 | ~1.4611% | ~$15,946 | +6.6% |
| 2028 | ~$1,163,441 | ~$1,163,441 | ~1.4611% | ~$16,999 | +13.6% |
| 2029 | ~$1,240,214 | ~$1,240,214 | ~1.4611% | ~$18,120 | +21.1% |
| 2030 | ~$1,322,053 | ~$1,322,053 | ~1.4611% | ~$19,316 | +29.1% |
| 2031 | ~$1,409,292 | ~$1,409,292 | ~1.4611% | ~$20,591 | +37.6% |
| 2027 | ~$1,132,375 | ~$1,126,245 | ~1.3760% | ~$15,497 | +10.6% |
| 2028 | ~$1,252,393 | ~$1,238,869 | ~1.2909% | ~$15,992 | +22.3% |
| 2029 | ~$1,385,132 | ~$1,362,756 | ~1.2058% | ~$16,432 | +35.3% |
| 2030 | ~$1,531,938 | ~$1,499,032 | ~1.1207% | ~$16,800 | +49.6% |
| 2031 | ~$1,694,305 | ~$1,648,935 | ~1.0356% | ~$17,077 | +65.5% |
In 2025, this property's market value of $1,076,616 places it in the top 25% for Multi-Family properties in Travis County (12570 comparable) — +107% 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 | $1,076,616 | $438,150 | $519,086 | $747,031 | ↑ Top 25% | -7.5% |
| 2024 | $883,755 | $467,312 | $564,206 | $847,583 | ↑ Top 25% | -6.3% |
| 2023 | $1,002,879 | $503,694 | $616,727 | $918,308 | ↑ Top 25% | +0.9% |
| 2022 | $985,532 | $506,269 | $614,560 | $904,074 | ↑ Top 25% | +39.0% |
| 2021 | $677,822 | $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 | — |