2206 MATTHEWS DR TX 78703
| Owner | HEYMANN DAVID DIETER & SANDRA |
|---|---|
| Parcel ID | 0117090101 |
| Short ID | 117062 |
| Type | Real |
| Use Code | 02 Duplex |
| Valuation | Cost |
| Improvement SF | 2,941 SF |
| Land SF | 15,747 SF |
| Acres | 0.362 |
| Year Built | 1951 |
| Legal | LOT 2 & N 25 FT OF LOT 3 LOT 22 & NE TRI OF LOT 21 BLK 3 LAUREL HEIGHTS |
| Neighborhood | XSMF1 |
| Land | $1,835,562 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,835,562 |
| Improvement | $260,026 |
|---|---|
| Total Improvement | $260,026 |
| Market | $2,095,588 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,095,588 |
| Value Limitation Adjustment (−) (homestead cap) | −$500,444 |
| Net Appraised (assessed) | $1,595,144 |
| Exemptions on file | HS,OV65 |
|---|---|
| Taxable Value | $1,595,144 |
Appreciation: Market value has risen +61.1% from $1,300,615 (2021) to $2,095,588 (2025), a CAGR of 12.7% 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 $32,644. Austin ISD is the largest single contributor, at 42.0% of the total 2025 levy.
Assessment Gap: Assessed value ($1,595,144) is $500,444 below market value, suggesting potential for an upward assessment in future years.
Asset Class: Multi-family residential. This is valued using the cost approach, tied more to replacement cost and physical condition than to income performance.
Value Composition: Land carries 88% of market value ($1,835,562 land vs $260,026 improvements), about $117/SF of land. With value concentrated in the land under a ~75-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 $2,095,588, 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 +8.3% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $2,893,708 by 2031, with an estimated annual tax burden around $53,233. 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 |
|---|---|---|---|
| 095 | HVAC RESIDENTIAL | 2,941 SF | ✗ |
| 1ST | 1st Floor | 1,765 SF | ✓ |
| RSBLW | Residence Below | 1,176 SF | ✓ |
| 051 | CARPORT DET 1ST | 396 SF | ✗ |
| 631 | PORCH CLOS UNFIN | 208 SF | ✓ |
| SO | Sketch Only | 95 SF | ✗ |
| 011 | PORCH OPEN 1ST F | 40 SF | ✗ |
| 251 | BATHROOM | 3 SF | ✓ |
| 522 | FIREPLACE | 2 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% | $9,005.06 | $9,005.06 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $5,680.95 | $5,680.95 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $4,257.93 | $4,257.93 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,287.53 | $1,287.53 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,212.90 | $1,212.90 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $21,444.37 | $21,444.37 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $9,005.06 | 42.0% |
| CAT City of Austin | 0.5240% | $5,680.95 | 26.5% |
| TCO Travis County | 0.3758% | $4,257.93 | 19.9% |
| THD Travis Central Health | 0.1180% | $1,287.53 | 6.0% |
| ACT Austin Community College | 0.1034% | $1,212.90 | 5.7% |
| Total | 2.0465% | $21,444.37 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,940,000 | $2,095,588 | -7.4% |
| Assessed Value | $1,754,658 | $1,595,144 | +10.0% |
| Land Value | $2,294,453 | $1,835,562 | +25.0% |
| Improvement Value | — | $260,026 | — |
| Taxable Value | $1,754,658 | $1,595,144 | +10.0% |
| Exemptions | HS,OV65 | HS,OV65 | |
| HS Cap Loss | -$185,342 | — | |
| Total Tax 2026 = estimate |
~$35,909
Estimated
|
~$21,444
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $1,940,000 | $2,294,453 | — | −$185,342 | $1,754,658 | $1,754,658 | Not yet — post-cert | Preliminary |
| 2025 | $2,095,588 | $1,835,562 | $260,026 | −$500,444 | $1,595,144 | $1,595,144 | ~$21,444 | Partial |
| 2024 | $1,563,396 | $1,228,500 | $334,896 | −$113,265 | $1,450,131 | $1,023,705 | $20,801 | Verified |
| 2023 | $2,268,213 | $1,755,000 | $513,213 | −$949,912 | $1,318,301 | $930,641 | $19,304 | Verified |
| 2022 | $2,268,213 | $1,755,000 | $513,213 | −$1,069,758 | $1,198,455 | $958,764 | $21,150 | Verified |
| 2021 | $1,300,615 | $858,000 | $442,615 | −$211,110 | $1,089,505 | $871,604 | $21,237 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -7.4% | +10.0% | 90.4% | Not available | Partial |
| 2025 | +34.0% | +10.0% | 76.1% | Not available | Partial |
| 2024 | -31.1% | +10.0% | 92.8% | No billing data | Verified |
| 2023 | +0.0% | +10.0% | 58.1% | No billing data | Verified |
| 2022 | +74.4% | +10.0% | 52.8% | No billing data | Verified |
| 2021 | base year | — | 83.8% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +61.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -7.4% | +14.0% | +8.3% | +74.4% | 2022 | -31.1% | 2024 |
| Assessment Ratio | 90.4% | 75.7% | — | 92.8% | 2024 | 52.8% | 2022 |
| Effective Tax Rate (2025) | 1.0200% | 1.0200% | — | 1.0200% | 2025 | 1.0200% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$21,444 | $20,787 | ~$45,783 | $21,444 | 2025 | $19,304 | 2023 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$2,101,514 | ~$1,930,124 | ~2.0139% | ~$38,871 | +8.3% |
| 2028 | ~$2,276,475 | ~$2,123,136 | ~1.9814% | ~$42,068 | +17.3% |
| 2029 | ~$2,466,003 | ~$2,335,450 | ~1.9488% | ~$45,514 | +27.1% |
| 2030 | ~$2,671,309 | ~$2,568,995 | ~1.9163% | ~$49,229 | +37.7% |
| 2031 | ~$2,893,708 | ~$2,825,894 | ~1.8837% | ~$53,233 | +49.2% |
| 2027 | ~$2,062,714 | ~$1,930,124 | ~2.0465% | ~$39,500 | +6.3% |
| 2028 | ~$2,193,191 | ~$2,123,136 | ~2.0465% | ~$43,450 | +13.1% |
| 2029 | ~$2,331,920 | ~$2,331,920 | ~2.0465% | ~$47,722 | +20.2% |
| 2030 | ~$2,479,425 | ~$2,479,425 | ~2.0465% | ~$50,741 | +27.8% |
| 2031 | ~$2,636,261 | ~$2,636,261 | ~2.0465% | ~$53,951 | +35.9% |
| 2027 | ~$2,140,314 | ~$1,930,124 | ~1.9977% | ~$38,557 | +10.3% |
| 2028 | ~$2,361,312 | ~$2,123,136 | ~1.9488% | ~$41,377 | +21.7% |
| 2029 | ~$2,605,128 | ~$2,335,450 | ~1.9000% | ~$44,374 | +34.3% |
| 2030 | ~$2,874,120 | ~$2,568,995 | ~1.8512% | ~$47,557 | +48.2% |
| 2031 | ~$3,170,887 | ~$2,825,894 | ~1.8024% | ~$50,933 | +63.4% |
In 2025, this property's market value of $2,095,588 places it in the top 25% for Multi-Family properties in Travis County (12570 comparable) — 4× 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 | $2,095,588 | $438,150 | $519,086 | $747,031 | ↑ Top 25% | -7.5% |
| 2024 | $1,563,396 | $467,312 | $564,206 | $847,583 | ↑ Top 25% | -6.3% |
| 2023 | $2,268,213 | $503,694 | $616,727 | $918,308 | ↑ Top 25% | +0.9% |
| 2022 | $2,268,213 | $506,269 | $614,560 | $904,074 | ↑ Top 25% | +39.0% |
| 2021 | $1,300,615 | $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 | — |