3215 EXPOSITION BLVD TX 78703
| Owner | AUSTIN ELM TERRACE LP |
|---|---|
| Parcel ID | 0121040901 |
| Short ID | 749984 |
| Type | Real |
| Use Code | 06 Apartment 26–49 Units |
| Valuation | Income |
| Improvement SF | 55,273 SF |
| Land SF | 95,111 SF |
| Acres | 2.183 |
| Year Built | 2017 |
| Legal | LOT 1 RICHARDSON SUBD |
| Neighborhood | 06CEN |
| Land | $5,135,994 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $5,135,994 |
| Improvement | $20,984,006 |
|---|---|
| Total Improvement | $20,984,006 |
| Market | $26,120,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $26,120,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $26,120,000 |
| Exemptions (−) (SO) | −$60,698 |
|---|---|
| Taxable Value | $26,059,302 |
Appreciation: Market value has risen +9.1% from $23,950,000 (2021) to $26,120,000 (2025), a CAGR of 2.2% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2024→2025), 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 $533,300. 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 20% of market value ($5,135,994 land vs $20,984,006 improvements), about $54/SF of land. Most value sits in the improvements, so building condition, age (~9 yrs), and rent roll drive the underwriting.
Submarket Position: At $26,120,000, 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 +0.8% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $25,985,381 by 2031, with an estimated annual tax burden around $489,498. 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.
4 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 55,273 SF | ✓ |
| 187 | PARKING GARAGE | 30,000 SF | ✓ |
| 411 | SOLAR DEVICES RESIDENTIAL | 72 SF | ✓ |
| 409 | SOLAR/WIND DEVICES COMM | 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% | $212,234.42 | $212,234.42 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $120,205.84 | $120,205.84 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $86,216.22 | $86,216.22 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $27,073.65 | $27,073.65 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $23,719.24 | $23,719.24 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $469,449.37 | $469,449.37 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $212,234.42 | 45.2% |
| CAT City of Austin | 0.5240% | $120,205.84 | 25.6% |
| TCO Travis County | 0.3758% | $86,216.22 | 18.4% |
| THD Travis Central Health | 0.1180% | $27,073.65 | 5.8% |
| ACT Austin Community College | 0.1034% | $23,719.24 | 5.1% |
| Total | 2.0465% | $469,449.37 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $24,946,941 | $26,120,000 | -4.5% |
| Assessed Value | $24,946,941 | $26,120,000 | -4.5% |
| Land Value | $5,135,994 | $5,135,994 | +0.0% |
| Improvement Value | $19,810,947 | $20,984,006 | -5.6% |
| Taxable Value | $24,896,153 | $26,059,302 | -4.5% |
| Exemptions | SO | SO | |
| Total Tax 2026 = estimate |
~$509,496
Estimated
|
~$469,449
Partial
|
ⓘ |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $24,946,941 | $5,135,994 | $19,810,947 | — | $24,946,941 | $24,896,153 | Not yet — post-cert | Preliminary |
| 2025 | $26,120,000 | $5,135,994 | $20,984,006 | — | $26,120,000 | $26,059,302 | ~$469,449 | Partial |
| 2024 | $24,679,394 | $5,135,994 | $19,543,400 | — | $24,679,394 | $24,608,786 | $456,119 | Verified |
| 2023 | $25,503,515 | $5,135,994 | $20,367,521 | — | $25,503,515 | $25,383,777 | $423,942 | Verified |
| 2022 | $24,200,000 | $5,135,994 | $19,064,006 | — | $24,200,000 | $24,200,000 | $457,293 | Verified |
| 2021 | $23,950,000 | $5,135,994 | $18,814,006 | — | $23,950,000 | $23,950,000 | $476,769 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -4.5% | -4.5% | ~100% | Not available | Partial |
| 2025 | +5.8% | +5.8% | ~100% | Not available | Partial |
| 2024 | -3.2% | -3.2% | ~100% | No billing data | Verified |
| 2023 | +5.4% | +5.4% | ~100% | No billing data | Verified |
| 2022 | +1.0% | +1.0% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +9.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -4.5% | +0.9% | +0.8% | +5.8% | 2025 | -4.5% | 2026 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2021 | 100.0% | 2021 |
| Effective Tax Rate (2025) | 1.8000% | 1.8000% | — | 1.8000% | 2025 | 1.8000% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$469,449 | $456,715 | ~$498,116 | $476,769 | 2021 | $423,942 | 2023 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$25,151,255 | ~$25,151,255 | ~2.0139% | ~$506,530 | +0.8% |
| 2028 | ~$25,357,242 | ~$25,357,242 | ~1.9814% | ~$502,425 | +1.6% |
| 2029 | ~$25,564,916 | ~$25,564,916 | ~1.9488% | ~$498,219 | +2.5% |
| 2030 | ~$25,774,291 | ~$25,774,291 | ~1.9163% | ~$493,910 | +3.3% |
| 2031 | ~$25,985,381 | ~$25,985,381 | ~1.8837% | ~$489,498 | +4.2% |
| 2027 | ~$24,652,316 | ~$24,652,316 | ~2.0465% | ~$504,506 | -1.2% |
| 2028 | ~$24,361,170 | ~$24,361,170 | ~2.0465% | ~$498,548 | -2.3% |
| 2029 | ~$24,073,463 | ~$24,073,463 | ~2.0465% | ~$492,660 | -3.5% |
| 2030 | ~$23,789,154 | ~$23,789,154 | ~2.0465% | ~$486,841 | -4.6% |
| 2031 | ~$23,508,203 | ~$23,508,203 | ~2.0465% | ~$481,092 | -5.8% |
| 2027 | ~$25,650,194 | ~$25,650,194 | ~1.9977% | ~$512,404 | +2.8% |
| 2028 | ~$26,373,271 | ~$26,373,271 | ~1.9488% | ~$513,973 | +5.7% |
| 2029 | ~$27,116,732 | ~$27,116,732 | ~1.9000% | ~$515,222 | +8.7% |
| 2030 | ~$27,881,150 | ~$27,881,150 | ~1.8512% | ~$516,134 | +11.8% |
| 2031 | ~$28,667,118 | ~$28,667,118 | ~1.8024% | ~$516,688 | +14.9% |
In 2025, this property's market value of $26,120,000 places it in the top 25% for Multi-Family properties in Travis County (12570 comparable) — 50× 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 | $26,120,000 | $438,150 | $519,086 | $747,031 | ↑ Top 25% | -7.5% |
| 2024 | $24,679,394 | $467,312 | $564,206 | $847,583 | ↑ Top 25% | -6.3% |
| 2023 | $25,503,515 | $503,694 | $616,727 | $918,308 | ↑ Top 25% | +0.9% |
| 2022 | $24,200,000 | $506,269 | $614,560 | $904,074 | ↑ Top 25% | +39.0% |
| 2021 | $23,950,000 | $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 | — |