1507 WOODLAWN BLVD TX 78703
| Owner | SALEK DAVOOD & JILA SHARGHI |
|---|---|
| Parcel ID | 0112020320 |
| Short ID | 112076 |
| Type | Real |
| Use Code | 04 Fourplex |
| Valuation | Income |
| Improvement SF | 2,647 SF |
| Land SF | 9,880 SF |
| Acres | 0.227 |
| Year Built | 1959 |
| Legal | LOT 68 ENFIELD C |
| Neighborhood | Z320005 |
| Land | $890,985 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $890,985 |
| Improvement | $470,117 |
|---|---|
| Total Improvement | $470,117 |
| Market | $1,361,102 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,361,102 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,361,102 |
| Taxable Value | $1,361,102 |
|---|
Appreciation: Market value has risen +37.8% from $987,941 (2021) to $1,361,102 (2025), a CAGR of 8.3% 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 2.0465% in 2025 (+0.0647% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $27,855. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
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 65% of market value ($890,985 land vs $470,117 improvements), about $90/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $1,361,102, 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 -3.2% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $714,213 by 2031, with an estimated annual tax burden around $13,454. 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.
7 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 2,647 SF | ✓ |
| 551 | PAVED AREA | 2,400 SF | ✗ |
| 011 | PORCH OPEN 1ST F | 216 SF | ✗ |
| 581 | STORAGE ATT | 64 SF | ✓ |
| SO | Sketch Only | 64 SF | ✗ |
| 251 | BATHROOM | 4 SF | ✓ |
| 522 | FIREPLACE | 4 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% | $12,592.92 | $12,592.92 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $7,132.41 | $7,132.41 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $5,115.63 | $5,115.63 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,606.41 | $1,606.41 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,407.38 | $1,407.38 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $27,854.75 | $27,854.75 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $12,592.92 | 45.2% |
| CAT City of Austin | 0.5240% | $7,132.41 | 25.6% |
| TCO Travis County | 0.3758% | $5,115.63 | 18.4% |
| THD Travis Central Health | 0.1180% | $1,606.41 | 5.8% |
| ACT Austin Community College | 0.1034% | $1,407.38 | 5.1% |
| Total | 2.0465% | $27,854.75 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $840,000 | $1,361,102 | -38.3% |
| Assessed Value | $840,000 | $1,361,102 | -38.3% |
| Land Value | $984,975 | $890,985 | +10.5% |
| Improvement Value | — | $470,117 | — |
| Taxable Value | $840,000 | $1,361,102 | -38.3% |
| Total Tax 2026 = estimate |
~$17,190
Estimated
|
~$27,855
Partial
|
ⓘ |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $840,000 | $984,975 | — | — | $840,000 | $840,000 | Not yet — post-cert | Preliminary |
| 2025 | $1,361,102 | $890,985 | $470,117 | — | $1,361,102 | $1,361,102 | ~$27,855 | Partial |
| 2024 | $1,447,814 | $825,000 | $622,814 | — | $1,447,814 | $1,447,814 | $28,693 | Verified |
| 2023 | $1,825,901 | $1,100,000 | $725,901 | — | $1,825,901 | $1,825,901 | $33,035 | Verified |
| 2022 | $1,764,476 | $1,100,000 | $664,476 | — | $1,764,476 | $1,764,476 | $34,847 | Verified |
| 2021 | $987,941 | $660,000 | $327,941 | — | $987,941 | $987,941 | $21,504 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -38.3% | -38.3% | ~100% | Not available | Partial |
| 2025 | -6.0% | -6.0% | ~100% | Not available | Partial |
| 2024 | -20.7% | -20.7% | ~100% | No billing data | Verified |
| 2023 | +3.5% | +3.5% | ~100% | No billing data | Verified |
| 2022 | +78.6% ! | +78.6% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +37.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -38.3% | +3.4% | -3.2% | +78.6% | 2022 | -38.3% | 2026 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2021 | 100.0% | 2021 |
| Effective Tax Rate (2025) | 2.0500% | 2.0500% | — | 2.0500% | 2025 | 2.0500% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$27,855 | $29,187 | ~$14,884 | $34,847 | 2022 | $21,504 | 2021 |
Market value changed by 79% in 2022, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$813,184 | ~$813,184 | ~2.0139% | ~$16,377 | -3.2% |
| 2028 | ~$787,224 | ~$787,224 | ~1.9814% | ~$15,598 | -6.3% |
| 2029 | ~$762,093 | ~$762,093 | ~1.9488% | ~$14,852 | -9.3% |
| 2030 | ~$737,765 | ~$737,765 | ~1.9163% | ~$14,138 | -12.2% |
| 2031 | ~$714,213 | ~$714,213 | ~1.8837% | ~$13,454 | -15.0% |
| 2027 | ~$798,000 | ~$798,000 | ~2.0465% | ~$16,331 | -5.0% |
| 2028 | ~$758,100 | ~$758,100 | ~2.0465% | ~$15,514 | -9.8% |
| 2029 | ~$720,195 | ~$720,195 | ~2.0465% | ~$14,739 | -14.3% |
| 2030 | ~$684,185 | ~$684,185 | ~2.0465% | ~$14,002 | -18.5% |
| 2031 | ~$649,976 | ~$649,976 | ~2.0465% | ~$13,302 | -22.6% |
| 2027 | ~$829,984 | ~$829,984 | ~1.9977% | ~$16,580 | -1.2% |
| 2028 | ~$820,088 | ~$820,088 | ~1.9488% | ~$15,982 | -2.4% |
| 2029 | ~$810,310 | ~$810,310 | ~1.9000% | ~$15,396 | -3.5% |
| 2030 | ~$800,648 | ~$800,648 | ~1.8512% | ~$14,822 | -4.7% |
| 2031 | ~$791,101 | ~$791,101 | ~1.8024% | ~$14,259 | -5.8% |
In 2025, this property's market value of $1,361,102 places it in the top 25% for Multi-Family properties in Travis County (12570 comparable) — +162% 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 | $1,361,102 | $438,150 | $519,086 | $747,031 | ↑ Top 25% | -7.5% |
| 2024 | $1,447,814 | $467,312 | $564,206 | $847,583 | ↑ Top 25% | -6.3% |
| 2023 | $1,825,901 | $503,694 | $616,727 | $918,308 | ↑ Top 25% | +0.9% |
| 2022 | $1,764,476 | $506,269 | $614,560 | $904,074 | ↑ Top 25% | +39.0% |
| 2021 | $987,941 | $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 | — |