3701 GILBERT ST B TX 78703
| Owner | CAIN ROBERT M & TERESA |
|---|---|
| Parcel ID | 0117091503 |
| Short ID | 541234 |
| Type | Real |
| Use Code | 16 Townhome |
| Valuation | Cost |
| Improvement SF | 5,959 SF |
| Land SF | 5,850 SF |
| Acres | 0.134 |
| Year Built | 2001 |
| Legal | UNT 2 GILBERT COURT CONDOMINIUMS AMENDED PLUS 25% INTEREST IN COMMON AREA |
| Neighborhood | X7T7BC |
| Land | $225,000 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $225,000 |
| Improvement | $2,690,156 |
|---|---|
| Total Improvement | $2,690,156 |
| Market | $2,915,156 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,915,156 |
| Value Limitation Adjustment (−) (homestead cap) | −$1,082,489 |
| Net Appraised (assessed) | $1,832,667 |
| Exemptions on file | HS,OV65 |
|---|---|
| Taxable Value | $1,832,667 |
Appreciation: Market value has risen +132.9% from $1,251,736 (2021) to $2,915,156 (2025), a CAGR of 23.5% 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 Residential parcel countywide rose +23.1%, so this parcel has outpaced the broader residential 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 $37,505. City of Austin is the largest single contributor, at 36.4% of the total 2025 levy.
Homestead Cap History: Cap activity also recorded in AJR data as recently as 2024 ($2,422,770, ~83.1% of market), consistent with the active cap shown above. Historical data from AJR 2021–2024 (Partial confidence). Current status confirmed by 2025 TCAD Certified Export.
Asset Class: Single-family residential. Buyer should verify which exemptions carry and which reset at sale. This is valued using the cost approach, tied more to replacement cost and physical condition than to income performance.
Value Composition: Land carries 8% of market value ($225,000 land vs $2,690,156 improvements), about $38/SF of land. Most value sits in the improvements, so building condition, age (~25 yrs), and rent roll drive the underwriting.
Submarket Position: At $2,915,156, this parcel sits in the top quartile (≥75th percentile) of Residential property in Travis County — county median $477,804 (P25 $357,304 / P75 $734,387, n=318,609). Residential here is the broad TCAD category — every residential 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 +8.9% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $2,946,349 by 2031, with an estimated annual tax burden around $55,502. 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 | 5,959 SF | ✗ |
| 2ND | 2nd Floor | 2,428 SF | ✓ |
| 1ST | 1st Floor | 1,843 SF | ✓ |
| 3RD | 3rd Floor | 1,688 SF | ✓ |
| 041 | GARAGE ATT 1ST F | 521 SF | ✓ |
| 437 | FENCE MASON LF | 250 SF | ✗ |
| 251 | BATHROOM | 4 SF | ✓ |
| 477 | ELEVATOR RES | 1 SF | ✓ |
| 522 | FIREPLACE | 1 SF | ✓ |
| Entity | 2024 Rate | 2025 Rate | Rate Effect |
|---|---|---|---|
| City of Austin | 0.4776% | 0.5240% | +591 |
| Travis County | 0.3444% | 0.3758% | +415 |
| Travis Central Health | 0.1080% | 0.1180% | +129 |
| Austin ISD | 0.9505% | 0.9252% | -111 |
| Austin Community College | 0.1013% | 0.1034% | +23 |
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 |
|---|---|---|---|---|---|---|---|---|---|
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $6,676.68 | $— | $6,676.68 |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $4,972.11 | $— | $4,972.11 |
| IAU Austin ISD | 1.0617% | 0.9966% | 0.8595% | 0.9505% | 0.9252% | -0.0253% | $4,052.23 | $— | $4,052.23 |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,511.80 | $— | $1,511.80 |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,110.06 | $— | $1,110.06 |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $18,322.88 | $0.00 | $18,322.88 |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| CAT City of Austin | 0.5240% | $6,676.68 | 36.4% |
| TCO Travis County | 0.3758% | $4,972.11 | 27.1% |
| IAU Austin ISD | 0.9252% | $4,052.23 | 22.1% |
| THD Travis Central Health | 0.1180% | $1,511.80 | 8.3% |
| ACT Austin Community College | 0.1034% | $1,110.06 | 6.1% |
| Total | 2.0465% | $18,322.88 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,920,430 | $2,915,156 | -34.1% |
| Assessed Value | $1,920,430 | $1,832,667 | +4.8% |
| Land Value | $225,000 | $225,000 | +0.0% |
| Improvement Value | $1,695,430 | $2,690,156 | -37.0% |
| Taxable Value | $1,920,430 | $1,832,667 | +4.8% |
| Exemptions | HS,OV65 | HS,OV65 | |
| HS Cap Loss | — | -$2,422,770 (2024) | |
| Total Tax 2026 = estimate |
~$39,301
Estimated
|
$18,323 | |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $1,920,430 | $225,000 | $1,695,430 | — | $1,920,430 | $1,920,430 | Not yet — post-cert | Preliminary |
| 2025 | $2,915,156 | $225,000 | $2,690,156 | −$1,082,489 | $1,832,667 | $1,832,667 | $18,323 | Verified |
| 2024 | $2,633,708 | $210,938 | $2,422,770 | −$967,647 | $1,666,061 | $1,196,449 | $17,406 | Verified |
| 2023 | $2,007,036 | $506,250 | $1,500,786 | −$492,435 | $1,514,601 | $1,087,681 | $15,640 | Verified |
| 2022 | $2,007,036 | $506,250 | $1,500,786 | −$630,126 | $1,376,910 | $991,528 | $20,251 | Verified |
| 2021 | $1,251,736 | $247,500 | $1,004,236 | — | $1,251,736 | $901,389 | $20,579 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -34.1% | +4.8% | ~100% | Not available | Partial |
| 2025 | +10.7% | +10.0% | 62.9% | 0.6300% | Verified |
| 2024 | +31.2% | +10.0% | 63.3% | No billing data | Verified |
| 2023 | +0.0% | +10.0% | 75.5% | No billing data | Verified |
| 2022 | +60.3% | +10.0% | 68.6% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +132.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -34.1% | +13.6% | +8.9% | +60.3% | 2022 | -34.1% | 2026 |
| Assessment Ratio | 100.0% | 78.4% | — | 100.0% | 2021 | 62.9% | 2025 |
| Effective Tax Rate (2025) | 0.6300% | 0.6300% | — | 0.6300% | 2025 | 0.6300% | 2025 |
| Tax Amount | $18,323 | $18,440 | ~$48,601 | $20,579 | 2021 | $15,640 | 2023 |
This parcel carries a real, materially-sized homestead cap per 2025 Certified data — assessed value is meaningfully below market value. A buyer loses this benefit at purchase and the assessed value resets to full market, increasing the annual tax bill. Factor this into acquisition underwriting. Cap activity consistent with AJR records back to 2024.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$2,092,067 | ~$2,092,067 | ~2.0139% | ~$42,133 | +8.9% |
| 2028 | ~$2,279,044 | ~$2,279,044 | ~1.9814% | ~$45,157 | +18.7% |
| 2029 | ~$2,482,732 | ~$2,482,732 | ~1.9488% | ~$48,384 | +29.3% |
| 2030 | ~$2,704,625 | ~$2,704,625 | ~1.9163% | ~$51,828 | +40.8% |
| 2031 | ~$2,946,349 | ~$2,946,349 | ~1.8837% | ~$55,502 | +53.4% |
| 2027 | ~$2,053,659 | ~$2,053,659 | ~2.0465% | ~$42,028 | +6.9% |
| 2028 | ~$2,196,130 | ~$2,196,130 | ~2.0465% | ~$44,943 | +14.4% |
| 2029 | ~$2,348,485 | ~$2,348,485 | ~2.0465% | ~$48,061 | +22.3% |
| 2030 | ~$2,511,410 | ~$2,511,410 | ~2.0465% | ~$51,396 | +30.8% |
| 2031 | ~$2,685,637 | ~$2,685,637 | ~2.0465% | ~$54,961 | +39.8% |
| 2027 | ~$2,130,476 | ~$2,112,473 | ~1.9977% | ~$42,200 | +10.9% |
| 2028 | ~$2,363,495 | ~$2,323,720 | ~1.9488% | ~$45,286 | +23.1% |
| 2029 | ~$2,622,001 | ~$2,556,092 | ~1.9000% | ~$48,566 | +36.5% |
| 2030 | ~$2,908,781 | ~$2,811,702 | ~1.8512% | ~$52,050 | +51.5% |
| 2031 | ~$3,226,927 | ~$3,092,872 | ~1.8024% | ~$55,745 | +68.0% |
In 2025, this property's market value of $2,915,156 places it in the top 25% for Residential properties in Travis County (318609 comparable) — 6× the county median of $477,804. Residential here is the broad TCAD category — every residential 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 | $2,915,156 | $357,304 | $477,804 | $734,387 | ↑ Top 25% | -6.4% |
| 2024 | $2,633,708 | $383,835 | $511,706 | $784,223 | ↑ Top 25% | -8.7% |
| 2023 | $2,007,036 | $423,669 | $564,806 | $843,567 | ↑ Top 25% | -2.0% |
| 2022 | $2,007,036 | $433,330 | $580,003 | $860,890 | ↑ Top 25% | +53.1% |
| 2021 | $1,251,736 | $281,915 | $388,138 | $576,451 | ↑ 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 | — |