1707 PALMA PLAZA TX 78703
| Owner | GILL HUBERT L |
|---|---|
| Parcel ID | 0111040916 |
| Short ID | 110273 |
| Type | Real |
| Use Code | 02 Duplex |
| Valuation | Cost |
| Improvement SF | 2,412 SF |
| Land SF | 7,522 SF |
| Acres | 0.173 |
| Year Built | 1931 |
| Legal | LOT 20 ENFIELD E |
| Neighborhood | Z3005 |
| Land | $834,791 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $834,791 |
| Improvement | $423,846 |
|---|---|
| Total Improvement | $423,846 |
| Market | $1,258,637 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,258,637 |
| Value Limitation Adjustment (−) (homestead cap) | −$76,746 |
| Net Appraised (assessed) | $1,181,891 |
| Exemptions on file | HS,OV65 |
|---|---|
| Taxable Value | $1,181,891 |
Appreciation: Market value has risen +38.3% from $910,400 (2021) to $1,258,637 (2025), a CAGR of 8.4% 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 $24,187. Austin ISD is the largest single contributor, at 36.8% of the total 2025 levy.
Assessment Gap: Assessed value ($1,181,891) is $76,746 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 66% of market value ($834,791 land vs $423,846 improvements), about $111/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $1,258,637, 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 +0.1% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $917,614 by 2031, with an estimated annual tax burden around $17,285. 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 |
|---|---|---|---|
| 095 | HVAC RESIDENTIAL | 2,412 SF | ✗ |
| 1ST | 1st Floor | 1,206 SF | ✓ |
| 2ND | 2nd Floor | 1,206 SF | ✓ |
| 512 | DECK UNCOVRED | 220 SF | ✗ |
| 513 | DECK COVERED | 112 SF | ✗ |
| 251 | BATHROOM | 2 SF | ✓ |
| 522 | FIREPLACE | 2 SF | ✓ |
| 413 | STAIRWAY EXT | 1 SF | ✓ |
| 417obs | Hot tub (obsolete) | 1 SF | ✓ |
| Entity | 2024 Rate | 2025 Rate | Rate Effect |
|---|---|---|---|
| City of Austin | 0.4776% | 0.5240% | +408 |
| Travis County | 0.3444% | 0.3758% | +291 |
| Austin ISD | 0.9505% | 0.9252% | -159 |
| Travis Central Health | 0.1080% | 0.1180% | +89 |
| Austin Community College | 0.1013% | 0.1034% | +17 |
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% | $5,822.46 | $— | $5,822.46 |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $4,608.08 | $— | $4,608.08 |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,488.43 | $— | $3,488.43 |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,045.89 | $— | $1,045.89 |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $852.36 | $— | $852.36 |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $15,817.22 | $0.00 | $15,817.22 |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $5,822.46 | 36.8% |
| CAT City of Austin | 0.5240% | $4,608.08 | 29.1% |
| TCO Travis County | 0.3758% | $3,488.43 | 22.1% |
| THD Travis Central Health | 0.1180% | $1,045.89 | 6.6% |
| ACT Austin Community College | 0.1034% | $852.36 | 5.4% |
| Total | 2.0465% | $15,817.22 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $914,000 | $1,258,637 | -27.4% |
| Assessed Value | $914,000 | $1,181,891 | -22.7% |
| Land Value | $779,138 | $834,791 | -6.7% |
| Improvement Value | $134,862 | $423,846 | -68.2% |
| Taxable Value | $914,000 | $1,181,891 | -22.7% |
| Exemptions | HS,OV65 | HS,OV65 | |
| Total Tax 2026 = estimate |
~$18,705
Estimated
|
$15,817 | |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $914,000 | $779,138 | $134,862 | — | $914,000 | $914,000 | Not yet — post-cert | Preliminary |
| 2025 | $1,258,637 | $834,791 | $423,846 | −$76,746 | $1,181,891 | $1,181,891 | $15,817 | Verified |
| 2024 | $1,361,244 | $750,000 | $611,244 | −$178,284 | $1,182,960 | $946,092 | $16,056 | Verified |
| 2023 | $1,517,782 | $787,500 | $730,282 | −$302,220 | $1,215,562 | $1,000,228 | $15,986 | Verified |
| 2022 | $1,404,061 | $787,500 | $616,561 | −$286,875 | $1,117,186 | $924,155 | $17,673 | Verified |
| 2021 | $910,400 | $525,000 | $385,400 | −$77,786 | $832,614 | $657,131 | $13,746 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -27.4% | -22.7% | ~100% | Not available | Partial |
| 2025 | -7.5% | -0.1% | 93.9% | 1.2600% | Verified |
| 2024 | -10.3% | -2.7% | 86.9% | No billing data | Verified |
| 2023 | +8.1% | +8.8% | 80.1% | No billing data | Verified |
| 2022 | +54.2% | +34.2% | 79.6% | No billing data | Verified |
| 2021 | base year | — | 91.5% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +38.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -27.4% | +3.4% | +0.1% | +54.2% | 2022 | -27.4% | 2026 |
| Assessment Ratio | 100.0% | 88.7% | — | 100.0% | 2026 | 79.6% | 2022 |
| Effective Tax Rate (2025) | 1.2600% | 1.2600% | — | 1.2600% | 2025 | 1.2600% | 2025 |
| Tax Amount | $15,817 | $15,856 | ~$17,854 | $17,673 | 2022 | $13,746 | 2021 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$914,722 | ~$914,722 | ~2.0139% | ~$18,422 | +0.1% |
| 2028 | ~$915,444 | ~$915,444 | ~1.9814% | ~$18,138 | +0.2% |
| 2029 | ~$916,167 | ~$916,167 | ~1.9488% | ~$17,855 | +0.2% |
| 2030 | ~$916,890 | ~$916,890 | ~1.9163% | ~$17,570 | +0.3% |
| 2031 | ~$917,614 | ~$917,614 | ~1.8837% | ~$17,285 | +0.4% |
| 2027 | ~$896,442 | ~$896,442 | ~2.0465% | ~$18,346 | -1.9% |
| 2028 | ~$879,221 | ~$879,221 | ~2.0465% | ~$17,993 | -3.8% |
| 2029 | ~$862,331 | ~$862,331 | ~2.0465% | ~$17,647 | -5.7% |
| 2030 | ~$845,765 | ~$845,765 | ~2.0465% | ~$17,308 | -7.5% |
| 2031 | ~$829,517 | ~$829,517 | ~2.0465% | ~$16,976 | -9.2% |
| 2027 | ~$933,002 | ~$933,002 | ~1.9977% | ~$18,638 | +2.1% |
| 2028 | ~$952,398 | ~$952,398 | ~1.9488% | ~$18,561 | +4.2% |
| 2029 | ~$972,198 | ~$972,198 | ~1.9000% | ~$18,472 | +6.4% |
| 2030 | ~$992,410 | ~$992,410 | ~1.8512% | ~$18,371 | +8.6% |
| 2031 | ~$1,013,042 | ~$1,013,042 | ~1.8024% | ~$18,259 | +10.8% |
In 2025, this property's market value of $1,258,637 places it in the top 25% for Multi-Family properties in Travis County (12570 comparable) — +142% 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 | $1,258,637 | $438,150 | $519,086 | $747,031 | ↑ Top 25% | -7.5% |
| 2024 | $1,361,244 | $467,312 | $564,206 | $847,583 | ↑ Top 25% | -6.3% |
| 2023 | $1,517,782 | $503,694 | $616,727 | $918,308 | ↑ Top 25% | +0.9% |
| 2022 | $1,404,061 | $506,269 | $614,560 | $904,074 | ↑ Top 25% | +39.0% |
| 2021 | $910,400 | $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 | Verified |
| 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 | — |