1201 LORRAIN ST TX 78703
| Owner | GUERRERO MARCO KELLY & |
|---|---|
| Parcel ID | 0110011207 |
| Short ID | 109141 |
| Type | Real |
| Use Code | 02 Duplex |
| Valuation | Cost |
| Improvement SF | 1,554 SF |
| Land SF | 7,027 SF |
| Acres | 0.161 |
| Year Built | 1949 |
| Legal | LOT 1 BLK G OLT 7 DIV Z SHELLEY HEIGHTS |
| Neighborhood | Z3005 |
| Land | $825,497 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $825,497 |
| Improvement | $300,276 |
|---|---|
| Total Improvement | $300,276 |
| Market | $1,125,773 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,125,773 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,125,773 |
| Exemptions on file | HS |
|---|---|
| Taxable Value | $1,125,773 |
Appreciation: Market value has risen +46.2% from $770,035 (2021) to $1,125,773 (2025), a CAGR of 10.0% 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 2.0465% in 2025 (+0.0647% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $23,039. Austin ISD is the largest single contributor, at 46.9% 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 73% of market value ($825,497 land vs $300,276 improvements), about $117/SF of land. With value concentrated in the land under a ~77-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 $1,125,773, 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 +2.3% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $962,751 by 2031, with an estimated annual tax burden around $18,136. 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 | 777 SF | ✓ |
| 2ND | 2nd Floor | 777 SF | ✓ |
| 051 | CARPORT DET 1ST | 420 SF | ✗ |
| 011 | PORCH OPEN 1ST F | 125 SF | ✗ |
| 251 | BATHROOM | 2 SF | ✓ |
| 413 | STAIRWAY EXT | 1 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% | $9,120.37 | $9,120.37 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $4,719.39 | $4,719.39 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,384.93 | $3,384.93 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,152.41 | $1,152.41 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,062.94 | $1,062.94 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $19,440.04 | $19,440.04 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $9,120.37 | 46.9% |
| CAT City of Austin | 0.5240% | $4,719.39 | 24.3% |
| TCO Travis County | 0.3758% | $3,384.93 | 17.4% |
| ACT Austin Community College | 0.1034% | $1,152.41 | 5.9% |
| THD Travis Central Health | 0.1180% | $1,062.94 | 5.5% |
| Total | 2.0465% | $19,440.04 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $861,018 | $1,125,773 | -23.5% |
| Assessed Value | $861,018 | $1,125,773 | -23.5% |
| Land Value | $770,464 | $825,497 | -6.7% |
| Improvement Value | $90,554 | $300,276 | -69.8% |
| Taxable Value | $861,018 | $1,125,773 | -23.5% |
| Exemptions | HS | HS | |
| Total Tax 2026 = estimate |
~$17,621
Estimated
|
~$19,440
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $861,018 | $770,464 | $90,554 | — | $861,018 | $861,018 | Not yet — post-cert | Preliminary |
| 2025 | $1,125,773 | $825,497 | $300,276 | — | $1,125,773 | $1,125,773 | ~$19,440 | Partial |
| 2024 | $1,184,862 | $750,000 | $434,862 | −$159,945 | $1,024,917 | $819,934 | $17,445 | Verified |
| 2023 | $1,222,144 | $787,500 | $434,644 | −$290,401 | $931,743 | $745,394 | $14,403 | Verified |
| 2022 | $1,177,543 | $787,500 | $390,043 | −$330,504 | $847,039 | $677,631 | $14,831 | Verified |
| 2021 | $770,035 | $525,000 | $245,035 | — | $770,035 | $616,028 | $14,932 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -23.5% | -23.5% | ~100% | Not available | Partial |
| 2025 | -5.0% | +9.8% | ~100% | Not available | Partial |
| 2024 | -3.1% | +10.0% | 86.5% | No billing data | Verified |
| 2023 | +3.8% | +10.0% | 76.2% | No billing data | Verified |
| 2022 | +52.9% | +10.0% | 71.9% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +46.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -23.5% | +5.0% | +2.3% | +52.9% | 2022 | -23.5% | 2026 |
| Assessment Ratio | 100.0% | 89.1% | — | 100.0% | 2021 | 71.9% | 2022 |
| Effective Tax Rate (2025) | 1.7300% | 1.7300% | — | 1.7300% | 2025 | 1.7300% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$19,440 | $16,210 | ~$17,938 | $19,440 | 2025 | $14,403 | 2023 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$880,466 | ~$880,466 | ~2.0139% | ~$17,732 | +2.3% |
| 2028 | ~$900,353 | ~$900,353 | ~1.9814% | ~$17,839 | +4.6% |
| 2029 | ~$920,690 | ~$920,690 | ~1.9488% | ~$17,943 | +6.9% |
| 2030 | ~$941,486 | ~$941,486 | ~1.9163% | ~$18,042 | +9.3% |
| 2031 | ~$962,751 | ~$962,751 | ~1.8837% | ~$18,136 | +11.8% |
| 2027 | ~$863,246 | ~$863,246 | ~2.0465% | ~$17,666 | +0.3% |
| 2028 | ~$865,479 | ~$865,479 | ~2.0465% | ~$17,712 | +0.5% |
| 2029 | ~$867,718 | ~$867,718 | ~2.0465% | ~$17,758 | +0.8% |
| 2030 | ~$869,963 | ~$869,963 | ~2.0465% | ~$17,804 | +1.0% |
| 2031 | ~$872,214 | ~$872,214 | ~2.0465% | ~$17,850 | +1.3% |
| 2027 | ~$897,686 | ~$897,686 | ~1.9977% | ~$17,933 | +4.3% |
| 2028 | ~$935,916 | ~$935,916 | ~1.9488% | ~$18,240 | +8.7% |
| 2029 | ~$975,774 | ~$975,774 | ~1.9000% | ~$18,540 | +13.3% |
| 2030 | ~$1,017,330 | ~$1,017,330 | ~1.8512% | ~$18,833 | +18.2% |
| 2031 | ~$1,060,655 | ~$1,060,655 | ~1.8024% | ~$19,117 | +23.2% |
In 2025, this property's market value of $1,125,773 places it in the top 25% for Multi-Family properties in Travis County (12570 comparable) — +117% 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 | $1,125,773 | $438,150 | $519,086 | $747,031 | ↑ Top 25% | -7.5% |
| 2024 | $1,184,862 | $467,312 | $564,206 | $847,583 | ↑ Top 25% | -6.3% |
| 2023 | $1,222,144 | $503,694 | $616,727 | $918,308 | ↑ Top 25% | +0.9% |
| 2022 | $1,177,543 | $506,269 | $614,560 | $904,074 | ↑ Top 25% | +39.0% |
| 2021 | $770,035 | $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 | — |