1206 CASTLE HILL ST TX 78703
| Owner | GENERAL COOPERATIVE TRUST OF |
|---|---|
| Parcel ID | 0110010806 |
| Short ID | 109097 |
| Type | Real |
| Use Code | 04 Fourplex |
| Valuation | Income |
| Improvement SF | 8,014 SF |
| Land SF | 15,575 SF |
| Acres | 0.358 |
| Year Built | 1950 |
| Legal | LOT 38 OLT 6 DIV Z ENFIELD A |
| Neighborhood | 05CEN |
| Land | $2,336,250 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,336,250 |
| Improvement | $208,195 |
|---|---|
| Total Improvement | $208,195 |
| Market | $2,544,445 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,544,445 |
| Value Limitation Adjustment (−) (homestead cap) | −$148,921 |
| Net Appraised (assessed) | $2,395,524 |
| Taxable Value | $2,395,524 |
|---|
Appreciation: Market value has risen +77.4% from $1,434,659 (2021) to $2,544,445 (2025), a CAGR of 15.4% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2022→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 +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 $49,024. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Assessment Gap: Assessed value ($2,395,524) is $148,921 below market value, suggesting potential for an upward assessment in future years.
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 92% of market value ($2,336,250 land vs $208,195 improvements), about $150/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 $2,544,445, 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 +11.6% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $4,302,029 by 2031, with an estimated annual tax burden around $75,370. 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.
10 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 4,211 SF | ✓ |
| 2ND | 2nd Floor | 3,803 SF | ✓ |
| 033 | GARAGE DET BASMT | 936 SF | ✓ |
| 051C | CARPORT DET 1ST COMM | 684 SF | ✗ |
| 611 | TERRACE | 289 SF | ✗ |
| 011C | PORCH OPEN 1ST COMM | 241 SF | ✗ |
| SO | Sketch Only | 177 SF | ✗ |
| 012C | PORCH OPEN 2 COMM | 120 SF | ✗ |
| 251 | BATHROOM | 9 SF | ✓ |
| 413 | STAIRWAY EXT | 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% | $22,163.39 | $22,163.39 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $12,552.95 | $12,552.95 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $9,003.46 | $9,003.46 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,827.27 | $2,827.27 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,476.97 | $2,476.97 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $49,024.04 | $49,024.04 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $22,163.39 | 45.2% |
| CAT City of Austin | 0.5240% | $12,552.95 | 25.6% |
| TCO Travis County | 0.3758% | $9,003.46 | 18.4% |
| THD Travis Central Health | 0.1180% | $2,827.27 | 5.8% |
| ACT Austin Community College | 0.1034% | $2,476.97 | 5.1% |
| Total | 2.0465% | $49,024.04 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,484,340 | $2,544,445 | -2.4% |
| Assessed Value | $2,484,340 | $2,395,524 | +3.7% |
| Land Value | $2,336,250 | $2,336,250 | +0.0% |
| Improvement Value | $148,090 | $208,195 | -28.9% |
| Taxable Value | $2,484,340 | $2,395,524 | +3.7% |
| Total Tax 2026 = estimate |
~$50,842
Estimated
|
~$49,024
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $2,484,340 | $2,336,250 | $148,090 | — | $2,484,340 | $2,484,340 | Not yet — post-cert | Preliminary |
| 2025 | $2,544,445 | $2,336,250 | $208,195 | −$148,921 | $2,395,524 | $2,395,524 | ~$49,024 | Partial |
| 2024 | $1,996,270 | $2,336,250 | — | — | $1,996,270 | $1,996,270 | $39,562 | Verified |
| 2023 | $2,393,210 | $2,336,250 | $56,960 | — | $2,393,210 | $2,393,210 | $43,299 | Verified |
| 2022 | $1,379,890 | $1,323,875 | $56,015 | — | $1,379,890 | $1,379,890 | $27,252 | Verified |
| 2021 | $1,434,659 | $1,323,875 | $110,784 | — | $1,434,659 | $1,434,659 | $31,228 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -2.4% | +3.7% | ~100% | Not available | Partial |
| 2025 | +27.5% | +20.0% | 94.2% | Not available | Partial |
| 2024 | -16.6% | -16.6% | ~100% | No billing data | Verified |
| 2023 | +73.4% | +73.4% | ~100% | No billing data | Verified |
| 2022 | -3.8% | -3.8% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +77.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -2.4% | +15.6% | +11.6% | +73.4% | 2023 | -16.6% | 2024 |
| Assessment Ratio | 100.0% | 99.0% | — | 100.0% | 2021 | 94.1% | 2025 |
| 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 |
$49,024 | $38,073 | ~$64,822 | $49,024 | 2025 | $27,252 | 2022 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$2,772,704 | ~$2,732,774 | ~2.0139% | ~$55,036 | +11.6% |
| 2028 | ~$3,094,539 | ~$3,006,051 | ~1.9814% | ~$59,562 | +24.6% |
| 2029 | ~$3,453,730 | ~$3,306,657 | ~1.9488% | ~$64,441 | +39.0% |
| 2030 | ~$3,854,614 | ~$3,637,322 | ~1.9163% | ~$69,702 | +55.2% |
| 2031 | ~$4,302,029 | ~$4,001,054 | ~1.8837% | ~$75,370 | +73.2% |
| 2027 | ~$2,723,017 | ~$2,723,017 | ~2.0465% | ~$55,726 | +9.6% |
| 2028 | ~$2,984,625 | ~$2,984,625 | ~2.0465% | ~$61,080 | +20.1% |
| 2029 | ~$3,271,365 | ~$3,271,365 | ~2.0465% | ~$66,948 | +31.7% |
| 2030 | ~$3,585,654 | ~$3,585,654 | ~2.0465% | ~$73,380 | +44.3% |
| 2031 | ~$3,930,138 | ~$3,930,138 | ~2.0465% | ~$80,430 | +58.2% |
| 2027 | ~$2,822,391 | ~$2,732,774 | ~1.9977% | ~$54,592 | +13.6% |
| 2028 | ~$3,206,441 | ~$3,006,051 | ~1.9488% | ~$58,583 | +29.1% |
| 2029 | ~$3,642,750 | ~$3,306,657 | ~1.9000% | ~$62,827 | +46.6% |
| 2030 | ~$4,138,429 | ~$3,637,322 | ~1.8512% | ~$67,334 | +66.6% |
| 2031 | ~$4,701,556 | ~$4,001,054 | ~1.8024% | ~$72,114 | +89.2% |
In 2025, this property's market value of $2,544,445 places it in the top 25% for Multi-Family properties in Travis County (12570 comparable) — 5× 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 | $2,544,445 | $438,150 | $519,086 | $747,031 | ↑ Top 25% | -7.5% |
| 2024 | $1,996,270 | $467,312 | $564,206 | $847,583 | ↑ Top 25% | -6.3% |
| 2023 | $2,393,210 | $503,694 | $616,727 | $918,308 | ↑ Top 25% | +0.9% |
| 2022 | $1,379,890 | $506,269 | $614,560 | $904,074 | ↑ Top 25% | +39.0% |
| 2021 | $1,434,659 | $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 | — |