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1300 NORWALK LN TX 78703

Travis County, TX · Multi-Family Appraisal: 2025 Certified Billing: 2025 Partial 2021–24 billing ✓
2025 Certified
Market Value
$1,296,902
2025 Verified
Taxable Value
$1,289,319
2025 Verified (1% below market)
Total Tax
~$22,288
2025 Partial
Effective Tax Rate (2025)
1.7200%
2025 Tax ÷ 2025 Market Value Partial
2026 Preliminary
Market Value
$1,298,094
+0.1% 2025 → 2026 Preliminary
Taxable Value
$1,298,094
2026 Preliminary
Est. 2026 Total Tax
~$26,565
2026 Estimated
Est. 2026 Effective Tax Rate
2.0465%
Est. 2026 Tax ÷ 2026 Market Value Estimated
Overview History Projection Position
2026 Property Tax Calendar ◷ Today: July 22, 2026
Valuation Date
Jan 1
Notices Mailed
Apr 15
Protest Deadline
May 15
Rates Adopted
Sep 1
Bills Mailed
Oct 1
Payment Due
Jan 31
This parcel's 2026 values are still Preliminary as of today.
Property Info
Owner WEATHERFORD LAURA S & ALICE F &
Parcel ID 0113060809
Short ID 112976
Type Real
Use Code 05 Apartment 5–25 Units
Valuation Income
Improvement SF 2,916 SF
Land SF 14,003 SF
Acres 0.321
Year Built 1949
Legal LOT 1A BLK 8 RESUB PT OF LT 1 & 2 WESTFIELD A
Neighborhood 05CEN
Current Values 2025 Certified
Land$1,260,270
Special Use Land MarketNot Available
Total Land $1,260,270
Improvement$36,632
Total Improvement $36,632
Market$1,296,902
Special Use Exclusion (−)Not Available
Appraised$1,296,902
Value Limitation Adjustment (−) (homestead cap)−$7,583
Net Appraised (assessed) $1,289,319
Exemptions on fileHS,OV65
Taxable Value $1,289,319
Build-up from 2025 TCAD certified values. Land and Improvement are shown as single totals — Parcelytics' loaders capture one aggregate value per year, not TCAD's Homesite / Non-Homesite split. Special Use Land Market and Special Use Exclusion (agricultural/productivity valuation) are not in the current dataset.
Satellite View Imagery: Esri
Satellite image not available
We couldn't locate this property on the map — this can happen for parcels whose address our geocoder can't confidently match.
Investor Insight Report

Appreciation: Market value has risen +44.1% from $900,000 (2021) to $1,296,902 (2025), a CAGR of 9.6% over 4 years. This is strong appreciation — well above typical inflation. 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 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 $26,386. Austin ISD is the largest single contributor, at 44.8% of the total 2025 levy.

Assessment Gap: Assessed value ($1,289,319) is $7,583 below market value, suggesting potential for an upward assessment in future years.

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.


Investment Snapshot — 2025 certified basis
Building (Main)
2,916 SF
living area
Gross Building
2,918 SF
enclosed area
Land
14,003 SF
0.321 ac
Value / Bldg SF
$445
all-in (incl. land)
Land $/SF
$90
land value only
Land Value Share
97%
Year Built
1949
~77 yrs old
Eff. Tax Rate
1.720%
total tax ÷ market value
Assessment Ratio
99.4%
below typical ~100%
Est. Annual Tax
$26,386
2025 taxable × rate

Value Composition: Land carries 97% of market value ($1,260,270 land vs $36,632 improvements), about $90/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 $1,296,902, 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 +7.6% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $1,872,276 by 2031, with an estimated annual tax burden around $35,269. 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.

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Improvement Detail
Improvement Value
$36,632
Main Area
2,916 SF
Gross Building Area
2,918 SF
Year Built
1949
TCAD's page also shows Class CD, Exterior Wall, Number of Units, and EFF Year Built per component, plus an "Improvement Features" block (Foundation, Roof Style, Roof Covering, etc.) — not in Parcelytics' current dataset (see footer), so left out here rather than guessed.
7 components · show ▾hide ▴
Code Description SF In Gross
2ND 2nd Floor 1,926 SF
1ST 1st Floor 990 SF
061C CARPORT ATT 1ST COMM 936 SF
011C PORCH OPEN 1ST COMM 184 SF
132 PLBG 5-FIXT AVG 1 SF
303 STAIRWAYS FV 1 SF
559 PAVED AREA FV 1 SF
Post-Acquisition Tax Estimate Estimate · Not a prediction
Property: 2,916 SF main area · 2,918 SF gross · 0.321 ac lot
$

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.

Rate Environment
Historical Tax Rates by Entity (Travis County)
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% $9,994.10 $9,994.10 Paid
CAT City of Austin 0.5410% 0.4627% 0.4458% 0.4776% 0.5240% +0.0464% $5,660.48 $5,660.48 Paid
TCO Travis County 0.3574% 0.3182% 0.3047% 0.3444% 0.3758% +0.0314% $4,150.37 $4,150.37 Paid
THD Travis Central Health 0.1118% 0.0987% 0.1007% 0.1080% 0.1180% +0.0101% $1,274.90 $1,274.90 Paid
ACT Austin Community College 0.1048% 0.0987% 0.0986% 0.1013% 0.1034% +0.0021% $1,208.46 $1,208.46 Paid
Combined Rate 2.1767% 1.9749% 1.8092% 1.9818% 2.0465% +0.0647% $22,288.31 $22,288.31 Paid
2025 Tax Burden — Entity Split
IAU
44.8% $9,994
CAT
25.4% $5,660
TCO
18.6% $4,150
THD
5.7% $1,275
ACT
5.4% $1,208
Total: $22,288
2025 Tax by Entity — Rate, Amount & Share
Entity Tax Rate Amount Due Share
IAU Austin ISD 0.9252% $9,994.10 44.8%
CAT City of Austin 0.5240% $5,660.48 25.4%
TCO Travis County 0.3758% $4,150.37 18.6%
THD Travis Central Health 0.1180% $1,274.90 5.7%
ACT Austin Community College 0.1034% $1,208.46 5.4%
Total 2.0465% $22,288.31 100.0%
Value History 2021–2026
Current & Preliminary Values
2026 Preliminary Preliminary 2025 Certified Certified Change 2025→2026
Market Value $1,298,094 $1,296,902 +0.1%
Assessed Value $1,298,094 $1,289,319 +0.7%
Land Value $1,260,270 $1,260,270 +0.0%
Improvement Value $37,824 $36,632 +3.3%
Taxable Value $1,298,094 $1,289,319 +0.7%
Exemptions HS,OV65 HS,OV65
Total Tax 2026 = estimate
~$26,565
Estimated
~$22,288
Partial
Value History (2021–2026)
Year Market Value Land Value Imprv Value Value Limitation Adj (−) Net Appraised (Assessed) Taxable Value Total Tax Source
2026 Pre $1,298,094 $1,260,270 $37,824 $1,298,094 $1,298,094 Not yet — post-cert Preliminary
2025 $1,296,902 $1,260,270 $36,632 −$7,583 $1,289,319 $1,289,319 ~$22,288 Partial
2024 $1,331,408 $1,260,270 $71,138 −$32,459 $1,298,949 $1,124,529 $22,645 Verified
2023 $1,332,651 $1,260,270 $72,381 −$49,952 $1,282,699 $1,124,136 $20,618 Verified
2022 $939,727 $882,189 $57,538 $939,727 $871,643 $16,475 Verified
2021 $900,000 $882,189 $17,811 $900,000 $836,610 $18,649 Verified
Value Trend
Market Value vs. Taxable Value gap up to 15.6%
Year-over-Year Growth & Assessment Metrics
Year MktVal YoY Assessed YoY Asmt Ratio Eff. Tax Rate Coverage
2026 +0.1% +0.7% ~100% Not available Partial
2025 -2.6% -0.7% 99.4% Not available Partial
2024 -0.1% +1.3% 97.6% No billing data Verified
2023 +41.8% +36.5% 96.2% No billing data Verified
2022 +4.4% +4.4% ~100% No billing data Verified
2021 base year ~100% No billing data Verified
Cumulative market value growth (earliest valid year → 2025): +44.1%
Annual Trends Tax billing 2025 only
Risk Indicators
Risk Indicators
No risk indicators flagged

No large value jumps, delinquencies, or data anomalies found for this parcel.

6-Year Projection Estimates Only
5-Year Tax Projection — Scenario Bands Estimates Only
Show illustrative scenario:
Year ~Mkt Value ~Assessed ~Rate ~Ann. Tax Value Δ
2027 ~$1,396,751 ~$1,396,751 ~2.0139% ~$28,130 +7.6%
2028 ~$1,502,905 ~$1,502,905 ~1.9814% ~$29,778 +15.8%
2029 ~$1,617,128 ~$1,617,128 ~1.9488% ~$31,515 +24.6%
2030 ~$1,740,031 ~$1,740,031 ~1.9163% ~$33,344 +34.0%
2031 ~$1,872,276 ~$1,872,276 ~1.8837% ~$35,269 +44.2%
Submarket Position
Where This Property Stands — Multi-Family Benchmark

In 2025, this property's market value of $1,296,902 places it in the top 25% for Multi-Family properties in Travis County (12570 comparable) — +150% 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 $1,296,902 $438,150 $519,086 $747,031 ↑ Top 25% -7.5%
2024 $1,331,408 $467,312 $564,206 $847,583 ↑ Top 25% -6.3%
2023 $1,332,651 $503,694 $616,727 $918,308 ↑ Top 25% +0.9%
2022 $939,727 $506,269 $614,560 $904,074 ↑ Top 25% +39.0%
2021 $900,000 $353,349 $436,046 $657,886 ↑ Top 25% base yr
Documents & Sources
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