1901 DILLMAN ST AUSTIN, TX 78703
| Owner | KLITCH TIM J & BARBARA J |
|---|---|
| Parcel ID | 0117071502 |
| Short ID | 117059 |
| Type | Real |
| Use Code | 03 Triplex |
| Valuation | Income |
| Improvement SF | 4,899 SF |
| Land SF | 29,579 SF |
| Acres | 0.679 |
| Year Built | 1969 |
| Legal | LOT 17-20 TARRY TOWN NO 4 |
| Neighborhood | XSMF1 |
| Land | $2,384,858 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,384,858 |
| Improvement | $838,211 |
|---|---|
| Total Improvement | $838,211 |
| Market | $3,223,069 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $3,223,069 |
| Value Limitation Adjustment (−) (homestead cap) | −$564,648 |
| Net Appraised (assessed) | $2,658,421 |
| Exemptions on file | HS,OV65 |
|---|---|
| Taxable Value | $2,658,421 |
Appreciation: Market value has risen +39.9% from $2,304,574 (2021) to $3,223,069 (2025), a CAGR of 8.7% 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 $54,404. Austin ISD is the largest single contributor, at 47.9% of the total 2025 levy.
Assessment Gap: Assessed value ($2,658,421) is $564,648 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.
Value Composition: Land carries 74% of market value ($2,384,858 land vs $838,211 improvements), about $81/SF of land. With value concentrated in the land under a ~57-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 $3,223,069, 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 +6.9% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $4,507,633 by 2031, with an estimated annual tax burden around $84,912. 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.
17 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 095 | HVAC RESIDENTIAL | 4,899 SF | ✗ |
| 2ND | 2nd Floor | 2,648 SF | ✓ |
| 1ST | 1st Floor | 2,251 SF | ✓ |
| 450 | SPORT COURT | 800 SF | ✗ |
| 041 | GARAGE ATT 1ST F | 697 SF | ✓ |
| 631 | PORCH CLOS UNFIN | 350 SF | ✓ |
| 012 | PORCH OPEN 2ND F | 171 SF | ✗ |
| 011 | PORCH OPEN 1ST F | 169 SF | ✗ |
| 571 | STORAGE DET | 150 SF | ✓ |
| 581 | STORAGE ATT | 126 SF | ✓ |
| 437 | FENCE MASON LF | 37 SF | ✗ |
| 251 | BATHROOM | 5 SF | ✓ |
| 522 | FIREPLACE | 3 SF | ✓ |
| 222 | FOUNTAIN WTR AVG | 1 SF | ✓ |
| 413 | STAIRWAY EXT | 1 SF | ✓ |
| 604 | POOL RES CONC | 1 SF | ✗ |
| 447 | SPA CONCRETE | 1 SF | ✗ |
| Entity | 2024 Rate | 2025 Rate | Rate Effect |
|---|---|---|---|
| City of Austin | 0.4776% | 0.5240% | +988 |
| Travis County | 0.3444% | 0.3758% | +684 |
| Austin ISD | 0.9505% | 0.9252% | -616 |
| Travis Central Health | 0.1080% | 0.1180% | +215 |
| Austin Community College | 0.1013% | 0.1034% | +54 |
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% | $22,514.01 | $— | $22,514.01 |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $11,151.72 | $— | $11,151.72 |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $8,181.77 | $— | $8,181.77 |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,653.77 | $— | $2,653.77 |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,519.70 | $— | $2,519.70 |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $47,020.97 | $0.00 | $47,020.97 |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $22,514.01 | 47.9% |
| CAT City of Austin | 0.5240% | $11,151.72 | 23.7% |
| TCO Travis County | 0.3758% | $8,181.77 | 17.4% |
| ACT Austin Community College | 0.1034% | $2,653.77 | 5.6% |
| THD Travis Central Health | 0.1180% | $2,519.70 | 5.4% |
| Total | 2.0465% | $47,020.97 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $3,223,069 | $3,223,069 | +0.0% |
| Assessed Value | $2,827,570 | $2,658,421 | +6.4% |
| Land Value | $2,981,073 | $2,384,858 | +25.0% |
| Improvement Value | $241,996 | $838,211 | -71.1% |
| Taxable Value | $2,827,570 | $2,658,421 | +6.4% |
| Exemptions | HS,OV65 | HS,OV65 | |
| HS Cap Loss | -$395,499 | — | |
| Total Tax 2026 = estimate |
~$57,866
Estimated
|
$47,021 | |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $3,223,069 | $2,981,073 | $241,996 | −$395,499 | $2,827,570 | $2,827,570 | Not yet — post-cert | Preliminary |
| 2025 | $3,223,069 | $2,384,858 | $838,211 | −$564,648 | $2,658,421 | $2,658,421 | $47,021 | Verified |
| 2024 | $2,744,380 | $1,653,750 | $1,090,630 | −$383,340 | $2,361,040 | $2,053,495 | $42,965 | Verified |
| 2023 | $3,599,054 | $2,362,500 | $1,236,554 | −$1,121,404 | $2,477,650 | $2,198,063 | $41,574 | Verified |
| 2022 | $3,598,535 | $2,362,500 | $1,236,035 | −$1,248,126 | $2,350,409 | $2,096,239 | $43,772 | Verified |
| 2021 | $2,304,574 | $1,155,000 | $1,149,574 | −$457,886 | $1,846,688 | $1,615,625 | $37,585 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.0% | +6.4% | 87.7% | Not available | Partial |
| 2025 | +17.4% | +12.6% | 82.5% | 1.4600% | Verified |
| 2024 | -23.7% | -4.7% | 86.0% | No billing data | Verified |
| 2023 | +0.0% | +5.4% | 68.8% | No billing data | Verified |
| 2022 | +56.1% | +27.3% | 65.3% | No billing data | Verified |
| 2021 | base year | — | 80.1% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +39.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +10.0% | +6.9% | +56.1% | 2022 | -23.7% | 2024 |
| Assessment Ratio | 87.7% | 78.4% | — | 87.7% | 2026 | 65.3% | 2022 |
| Effective Tax Rate (2025) | 1.4600% | 1.4600% | — | 1.4600% | 2025 | 1.4600% | 2025 |
| Tax Amount | $47,021 | $42,583 | ~$73,603 | $47,021 | 2025 | $37,585 | 2021 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$3,446,715 | ~$3,110,327 | ~2.0139% | ~$62,640 | +6.9% |
| 2028 | ~$3,685,880 | ~$3,421,360 | ~1.9814% | ~$67,790 | +14.4% |
| 2029 | ~$3,941,640 | ~$3,763,496 | ~1.9488% | ~$73,344 | +22.3% |
| 2030 | ~$4,215,147 | ~$4,139,845 | ~1.9163% | ~$79,331 | +30.8% |
| 2031 | ~$4,507,633 | ~$4,507,633 | ~1.8837% | ~$84,912 | +39.9% |
| 2027 | ~$3,382,254 | ~$3,110,327 | ~2.0465% | ~$63,652 | +4.9% |
| 2028 | ~$3,549,301 | ~$3,421,360 | ~2.0465% | ~$70,018 | +10.1% |
| 2029 | ~$3,724,598 | ~$3,724,598 | ~2.0465% | ~$76,223 | +15.6% |
| 2030 | ~$3,908,552 | ~$3,908,552 | ~2.0465% | ~$79,988 | +21.3% |
| 2031 | ~$4,101,593 | ~$4,101,593 | ~2.0465% | ~$83,938 | +27.3% |
| 2027 | ~$3,511,177 | ~$3,110,327 | ~1.9977% | ~$62,134 | +8.9% |
| 2028 | ~$3,825,038 | ~$3,421,360 | ~1.9488% | ~$66,677 | +18.7% |
| 2029 | ~$4,166,955 | ~$3,763,496 | ~1.9000% | ~$71,507 | +29.3% |
| 2030 | ~$4,539,435 | ~$4,139,845 | ~1.8512% | ~$76,637 | +40.8% |
| 2031 | ~$4,945,212 | ~$4,553,830 | ~1.8024% | ~$82,077 | +53.4% |
In 2025, this property's market value of $3,223,069 places it in the top 25% for Multi-Family properties in Travis County (12570 comparable) — 6× 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 | $3,223,069 | $438,150 | $519,086 | $747,031 | ↑ Top 25% | -7.5% |
| 2024 | $2,744,380 | $467,312 | $564,206 | $847,583 | ↑ Top 25% | -6.3% |
| 2023 | $3,599,054 | $503,694 | $616,727 | $918,308 | ↑ Top 25% | +0.9% |
| 2022 | $3,598,535 | $506,269 | $614,560 | $904,074 | ↑ Top 25% | +39.0% |
| 2021 | $2,304,574 | $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 | — |