2514 W 12 ST TX 78703
| Owner | SUNGLOW HOLDINGS LLC |
|---|---|
| Parcel ID | 0113060610 |
| Short ID | 112900 |
| Type | Real |
| Use Code | 05 Apartment 5–25 Units |
| Valuation | Income |
| Improvement SF | 3,591 SF |
| Land SF | 13,721 SF |
| Acres | 0.315 |
| Year Built | 1957 |
| Legal | ABS 697 SUR 7 SPEAR G W ACR .315 |
| Neighborhood | 05CEN |
| Land | $1,097,712 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,097,712 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $910,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $910,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $910,000 |
| Taxable Value | $910,000 |
|---|
Appreciation: Market value has risen +17.1% from $777,298 (2021) to $910,000 (2025), a CAGR of 4.0% over 4 years. Growth has been relatively flat for this asset class. 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 lagged 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 $18,623. 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 121% of market value ($1,097,712 land vs $0 improvements), about $80/SF of land. With value concentrated in the land under a ~69-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 $910,000, 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 +8.1% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $1,698,804 by 2031, with an estimated annual tax burden around $32,001. 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 | 3,591 SF | ✓ |
| 551 | PAVED AREA | 3,150 SF | ✗ |
| 591 | MASONRY TRIM SF | 1,200 SF | ✗ |
| 011C | PORCH OPEN 1ST COMM | 798 SF | ✗ |
| 132 | PLBG 5-FIXT AVG | 1 SF | ✓ |
| 539 | FENCE 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% | $8,419.32 | $8,419.32 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $4,768.55 | $4,768.55 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,420.19 | $3,420.19 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,074.01 | $1,074.01 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $940.94 | $940.94 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $18,623.01 | $18,623.01 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $8,419.32 | 45.2% |
| CAT City of Austin | 0.5240% | $4,768.55 | 25.6% |
| TCO Travis County | 0.3758% | $3,420.19 | 18.4% |
| THD Travis Central Health | 0.1180% | $1,074.01 | 5.8% |
| ACT Austin Community College | 0.1034% | $940.94 | 5.1% |
| Total | 2.0465% | $18,623.01 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,149,120 | $910,000 | +26.3% |
| Assessed Value | $1,092,000 | $910,000 | +20.0% |
| Land Value | $1,097,712 | $1,097,712 | +0.0% |
| Improvement Value | $51,408 | — | — |
| Taxable Value | $1,092,000 | $910,000 | +20.0% |
| HS Cap Loss | -$57,120 | — | |
| Total Tax 2026 = estimate |
~$22,348
Estimated
|
~$18,623
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $1,149,120 | $1,097,712 | $51,408 | −$57,120 | $1,092,000 | $1,092,000 | Not yet — post-cert | Preliminary |
| 2025 | $910,000 | $1,097,712 | — | — | $910,000 | $910,000 | ~$18,623 | Partial |
| 2024 | $1,131,165 | $1,097,712 | $33,453 | — | $1,131,165 | $1,131,165 | $22,075 | Verified |
| 2023 | $1,184,801 | $1,097,712 | $87,089 | — | $1,184,801 | $1,184,801 | $21,436 | Verified |
| 2022 | $816,463 | $713,513 | $102,950 | — | $816,463 | $816,463 | $15,452 | Verified |
| 2021 | $777,298 | $713,513 | $63,785 | — | $777,298 | $777,298 | $16,919 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +26.3% | +20.0% | 95.0% | Not available | Partial |
| 2025 | -19.6% | -19.6% | ~100% | Not available | Partial |
| 2024 | -4.5% | -4.5% | ~100% | No billing data | Verified |
| 2023 | +45.1% | +45.1% | ~100% | No billing data | Verified |
| 2022 | +5.0% | +5.0% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +17.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +26.3% | +10.5% | +8.1% | +45.1% | 2023 | -19.6% | 2025 |
| Assessment Ratio | 95.0% | 99.2% | — | 100.0% | 2021 | 95.0% | 2026 |
| 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 |
$18,623 | $18,901 | ~$28,158 | $22,075 | 2024 | $15,452 | 2022 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$1,242,570 | ~$1,201,200 | ~2.0139% | ~$24,191 | +8.1% |
| 2028 | ~$1,343,620 | ~$1,321,320 | ~1.9814% | ~$26,180 | +16.9% |
| 2029 | ~$1,452,888 | ~$1,452,888 | ~1.9488% | ~$28,314 | +26.4% |
| 2030 | ~$1,571,041 | ~$1,571,041 | ~1.9163% | ~$30,106 | +36.7% |
| 2031 | ~$1,698,804 | ~$1,698,804 | ~1.8837% | ~$32,001 | +47.8% |
| 2027 | ~$1,219,588 | ~$1,201,200 | ~2.0465% | ~$24,582 | +6.1% |
| 2028 | ~$1,294,377 | ~$1,294,377 | ~2.0465% | ~$26,489 | +12.6% |
| 2029 | ~$1,373,753 | ~$1,373,753 | ~2.0465% | ~$28,114 | +19.5% |
| 2030 | ~$1,457,996 | ~$1,457,996 | ~2.0465% | ~$29,838 | +26.9% |
| 2031 | ~$1,547,405 | ~$1,547,405 | ~2.0465% | ~$31,667 | +34.7% |
| 2027 | ~$1,265,553 | ~$1,201,200 | ~1.9977% | ~$23,996 | +10.1% |
| 2028 | ~$1,393,783 | ~$1,321,320 | ~1.9488% | ~$25,750 | +21.3% |
| 2029 | ~$1,535,005 | ~$1,453,452 | ~1.9000% | ~$27,616 | +33.6% |
| 2030 | ~$1,690,537 | ~$1,598,797 | ~1.8512% | ~$29,597 | +47.1% |
| 2031 | ~$1,861,828 | ~$1,758,677 | ~1.8024% | ~$31,698 | +62.0% |
In 2025, this property's market value of $910,000 places it in the top 25% for Multi-Family properties in Travis County (12570 comparable) — +75% 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 | $910,000 | $438,150 | $519,086 | $747,031 | ↑ Top 25% | -7.5% |
| 2024 | $1,131,165 | $467,312 | $564,206 | $847,583 | ↑ Top 25% | -6.3% |
| 2023 | $1,184,801 | $503,694 | $616,727 | $918,308 | ↑ Top 25% | +0.9% |
| 2022 | $816,463 | $506,269 | $614,560 | $904,074 | ↑ Above median | +39.0% |
| 2021 | $777,298 | $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 | — |