2201 LEON ST TX 78705
| Owner | WATERLOO MULTIPLEX PROPERTIES LLC |
|---|---|
| Parcel ID | 0113000819 |
| Short ID | 112454 |
| Type | Real |
| Use Code | 05 Apartment 5–25 Units |
| Valuation | Income |
| Improvement SF | 2,288 SF |
| Land SF | 6,750 SF |
| Acres | 0.155 |
| Year Built | 1956 |
| Legal | LOT 9 OLT 31 DIV D PETERSON SUBD |
| Neighborhood | 05WC1 |
| Land | $1,012,500 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,012,500 |
| Improvement | $21,968 |
|---|---|
| Total Improvement | $21,968 |
| Market | $1,034,468 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,034,468 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,034,468 |
| Taxable Value | $1,034,468 |
|---|
Appreciation: Market value has risen +58.6% from $652,080 (2021) to $1,034,468 (2025), a CAGR of 12.2% over 4 years. This is strong appreciation — well above typical inflation. Growth has been fairly evenly spread across these years rather than concentrated in one jump. 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 $21,170. 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 98% of market value ($1,012,500 land vs $21,968 improvements), about $150/SF of land. With value concentrated in the land under a ~70-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 $1,034,468, 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 +9.7% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $1,643,759 by 2031, with an estimated annual tax burden around $30,964. 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 | 2,000 SF | ✓ |
| SO | Sketch Only | 780 SF | ✗ |
| 2ND | 2nd Floor | 288 SF | ✓ |
| 051C | CARPORT DET 1ST COMM | 288 SF | ✗ |
| 871 | OBS WALL FURN | 35 SF | ✓ |
| 251 | BATHROOM | 5 SF | ✓ |
| 299 | ALL FLAT VALUE | 2 SF | ✓ |
| 303 | STAIRWAYS FV | 1 SF | ✓ |
| 619 | TERRACE FV | 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% | $9,570.90 | $9,570.90 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $5,420.79 | $5,420.79 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,888.00 | $3,888.00 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,220.91 | $1,220.91 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,069.64 | $1,069.64 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $21,170.24 | $21,170.24 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $9,570.90 | 45.2% |
| CAT City of Austin | 0.5240% | $5,420.79 | 25.6% |
| TCO Travis County | 0.3758% | $3,888.00 | 18.4% |
| THD Travis Central Health | 0.1180% | $1,220.91 | 5.8% |
| ACT Austin Community College | 0.1034% | $1,069.64 | 5.1% |
| Total | 2.0465% | $21,170.24 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,035,308 | $1,034,468 | +0.1% |
| Assessed Value | $1,035,308 | $1,034,468 | +0.1% |
| Land Value | $1,012,500 | $1,012,500 | +0.0% |
| Improvement Value | $22,808 | $21,968 | +3.8% |
| Taxable Value | $1,035,308 | $1,034,468 | +0.1% |
| Total Tax 2026 = estimate |
~$21,187
Estimated
|
~$21,170
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $1,035,308 | $1,012,500 | $22,808 | — | $1,035,308 | $1,035,308 | Not yet — post-cert | Preliminary |
| 2025 | $1,034,468 | $1,012,500 | $21,968 | — | $1,034,468 | $1,034,468 | ~$21,170 | Partial |
| 2024 | $1,055,014 | $1,012,500 | $42,514 | — | $1,055,014 | $1,055,014 | $20,908 | Verified |
| 2023 | $900,000 | $1,012,500 | — | — | $900,000 | $900,000 | $16,283 | Verified |
| 2022 | $697,840 | $540,000 | $157,840 | — | $697,840 | $697,840 | $13,782 | Verified |
| 2021 | $652,080 | $540,000 | $112,080 | — | $652,080 | $652,080 | $14,194 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.1% | +0.1% | ~100% | Not available | Partial |
| 2025 | -1.9% | -1.9% | ~100% | Not available | Partial |
| 2024 | +17.2% | +17.2% | ~100% | No billing data | Verified |
| 2023 | +29.0% | +29.0% | ~100% | No billing data | Verified |
| 2022 | +7.0% | +7.0% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +58.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.1% | +10.3% | +9.7% | +29.0% | 2023 | -1.9% | 2025 |
| 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 |
$21,170 | $17,267 | ~$26,771 | $21,170 | 2025 | $13,782 | 2022 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$1,135,595 | ~$1,135,595 | ~2.0139% | ~$22,870 | +9.7% |
| 2028 | ~$1,245,596 | ~$1,245,596 | ~1.9814% | ~$24,680 | +20.3% |
| 2029 | ~$1,366,252 | ~$1,366,252 | ~1.9488% | ~$26,626 | +32.0% |
| 2030 | ~$1,498,596 | ~$1,498,596 | ~1.9163% | ~$28,717 | +44.7% |
| 2031 | ~$1,643,759 | ~$1,643,759 | ~1.8837% | ~$30,964 | +58.8% |
| 2027 | ~$1,114,888 | ~$1,114,888 | ~2.0465% | ~$22,816 | +7.7% |
| 2028 | ~$1,200,586 | ~$1,200,586 | ~2.0465% | ~$24,570 | +16.0% |
| 2029 | ~$1,292,871 | ~$1,292,871 | ~2.0465% | ~$26,458 | +24.9% |
| 2030 | ~$1,392,249 | ~$1,392,249 | ~2.0465% | ~$28,492 | +34.5% |
| 2031 | ~$1,499,266 | ~$1,499,266 | ~2.0465% | ~$30,682 | +44.8% |
| 2027 | ~$1,156,301 | ~$1,138,839 | ~1.9977% | ~$22,750 | +11.7% |
| 2028 | ~$1,291,433 | ~$1,252,723 | ~1.9488% | ~$24,414 | +24.7% |
| 2029 | ~$1,442,359 | ~$1,377,995 | ~1.9000% | ~$26,182 | +39.3% |
| 2030 | ~$1,610,922 | ~$1,515,794 | ~1.8512% | ~$28,060 | +55.6% |
| 2031 | ~$1,799,185 | ~$1,667,374 | ~1.8024% | ~$30,052 | +73.8% |
In 2025, this property's market value of $1,034,468 places it in the top 25% for Multi-Family properties in Travis County (12570 comparable) — +99% 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 | $1,034,468 | $438,150 | $519,086 | $747,031 | ↑ Top 25% | -7.5% |
| 2024 | $1,055,014 | $467,312 | $564,206 | $847,583 | ↑ Top 25% | -6.3% |
| 2023 | $900,000 | $503,694 | $616,727 | $918,308 | ↑ Above median | +0.9% |
| 2022 | $697,840 | $506,269 | $614,560 | $904,074 | ↑ Above median | +39.0% |
| 2021 | $652,080 | $353,349 | $436,046 | $657,886 | ↑ Above median | 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 | — |