3607 GREYSTONE DR TX 78731
| Owner | WESTDALE PARKE LLC |
|---|---|
| Parcel ID | 0139020107 |
| Short ID | 136152 |
| Type | Real |
| Use Code | 08 Apartment 100+ Units |
| Valuation | Income |
| Improvement SF | 364,095 SF |
| Land SF | 890,933 SF |
| Acres | 20.453 |
| Year Built | 1977 |
| Legal | LOT 1-A & 1-B WOOD HOLLOW VILLAGE & LOT 1 BLK K NORTHWEST HILL NORTHWEST OAKS I |
| Neighborhood | 08NW |
| Land | $22,273,317 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $22,273,317 |
| Improvement | $24,546,683 |
|---|---|
| Total Improvement | $24,546,683 |
| Market | $46,820,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $46,820,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $46,820,000 |
| Taxable Value | $46,820,000 |
|---|
Appreciation: Market value has fallen -16.4% from $56,000,000 (2021) to $46,820,000 (2025), a CAGR of -4.4% 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 $958,164. 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 48% of market value ($22,273,317 land vs $24,546,683 improvements), about $25/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $46,820,000, 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 -2.7% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $42,667,413 by 2031, with an estimated annual tax burden around $803,744. 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.
31 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| SO | Sketch Only | 380,541 SF | ✗ |
| 551 | PAVED AREA | 284,910 SF | ✗ |
| 1ST | 1st Floor | 169,227 SF | ✓ |
| 2ND | 2nd Floor | 163,399 SF | ✓ |
| 591 | MASONRY TRIM SF | 53,780 SF | ✗ |
| 3RD | 3rd Floor | 31,469 SF | ✓ |
| 011C | PORCH OPEN 1ST COMM | 29,155 SF | ✗ |
| 412 | TENNIS COURT | 25,000 SF | ✗ |
| 012C | PORCH OPEN 2 COMM | 15,930 SF | ✗ |
| 051C | CARPORT DET 1ST COMM | 15,696 SF | ✗ |
| 511 | DECK | 12,181 SF | ✗ |
| 581C | STORAGE ATT COMM | 9,735 SF | ✓ |
| 611 | TERRACE | 4,416 SF | ✗ |
| 601 | POOL COMM'L | 3,628 SF | ✗ |
| 013C | PORCH OPEN 3 COMM | 2,414 SF | ✗ |
| MISC | Miscellaneous | 1,707 SF | ✓ |
| 435 | FENCE IRON LF | 50 SF | ✗ |
| 413 | STAIRWAY EXT | 22 SF | ✓ |
| 482 | LIGHT POLES | 3 SF | ✓ |
| 132 | PLBG 5-FIXT AVG | 2 SF | ✓ |
| 152 | COMMODE AVG | 2 SF | ✓ |
| 162 | LAVATORY AVG | 2 SF | ✓ |
| 182 | SINK AVG | 2 SF | ✓ |
| 212 | URINAL AVG | 2 SF | ✓ |
| 269 | OBS RANGE DRP-IN | 2 SF | ✓ |
| 521 | FIREPLACE | 2 SF | ✓ |
| 142 | BATHTUB AVG | 2 SF | ✓ |
| 539 | FENCE FV | 2 SF | ✗ |
| 414 | FOUNTAIN OUTDOOR | 1 SF | ✓ |
| 282 | LIGHT POLES FV | 1 SF | ✓ |
| 303 | STAIRWAYS FV | 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% | $433,178.64 | $433,178.64 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $245,344.76 | $245,344.76 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $175,970.63 | $175,970.63 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $55,258.37 | $55,258.37 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $48,411.88 | $48,411.88 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $958,164.28 | $958,164.28 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $433,178.64 | 45.2% |
| CAT City of Austin | 0.5240% | $245,344.76 | 25.6% |
| TCO Travis County | 0.3758% | $175,970.63 | 18.4% |
| THD Travis Central Health | 0.1180% | $55,258.37 | 5.8% |
| ACT Austin Community College | 0.1034% | $48,411.88 | 5.1% |
| Total | 2.0465% | $958,164.28 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $48,881,235 | $46,820,000 | +4.4% |
| Assessed Value | $48,881,235 | $46,820,000 | +4.4% |
| Land Value | $22,273,317 | $22,273,317 | +0.0% |
| Improvement Value | $26,607,918 | $24,546,683 | +8.4% |
| Taxable Value | $48,881,235 | $46,820,000 | +4.4% |
| Total Tax 2026 = estimate |
~$1,000,347
Estimated
|
~$958,164
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $48,881,235 | $22,273,317 | $26,607,918 | — | $48,881,235 | $48,881,235 | Not yet — post-cert | Preliminary |
| 2025 | $46,820,000 | $22,273,317 | $24,546,683 | — | $46,820,000 | $46,820,000 | ~$958,164 | Partial |
| 2024 | $59,000,000 | $22,273,317 | $36,726,683 | — | $59,000,000 | $59,000,000 | $1,169,270 | Verified |
| 2023 | $67,346,453 | $13,363,990 | $53,982,463 | — | $67,346,453 | $67,346,453 | $1,028,634 | Verified |
| 2022 | $61,720,000 | $13,363,990 | $48,356,010 | — | $61,720,000 | $61,720,000 | $1,088,150 | Verified |
| 2021 | $56,000,000 | $13,363,990 | $42,636,010 | — | $56,000,000 | $56,000,000 | $1,146,424 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +4.4% | +4.4% | ~100% | Not available | Partial |
| 2025 | -20.6% | -20.6% | ~100% | Not available | Partial |
| 2024 | -12.4% | -12.4% | ~100% | No billing data | Verified |
| 2023 | +9.1% | +9.1% | ~100% | No billing data | Verified |
| 2022 | +10.2% | +10.2% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): -16.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +4.4% | -1.9% | -2.7% | +10.2% | 2022 | -20.6% | 2025 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2021 | 100.0% | 2021 |
| Effective Tax Rate (2025) | 2.0500% | 2.0500% | — | 2.0500% | 2025 | 2.0500% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$958,164 | $1,078,128 | ~$879,439 | $1,169,270 | 2024 | $958,164 | 2025 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$47,569,983 | ~$47,569,983 | ~2.0139% | ~$958,029 | -2.7% |
| 2028 | ~$46,293,906 | ~$46,293,906 | ~1.9814% | ~$917,262 | -5.3% |
| 2029 | ~$45,052,060 | ~$45,052,060 | ~1.9488% | ~$877,992 | -7.8% |
| 2030 | ~$43,843,527 | ~$43,843,527 | ~1.9163% | ~$840,170 | -10.3% |
| 2031 | ~$42,667,413 | ~$42,667,413 | ~1.8837% | ~$803,744 | -12.7% |
| 2027 | ~$46,592,359 | ~$46,592,359 | ~2.0465% | ~$953,506 | -4.7% |
| 2028 | ~$44,410,659 | ~$44,410,659 | ~2.0465% | ~$908,857 | -9.1% |
| 2029 | ~$42,331,119 | ~$42,331,119 | ~2.0465% | ~$866,300 | -13.4% |
| 2030 | ~$40,348,953 | ~$40,348,953 | ~2.0465% | ~$825,735 | -17.5% |
| 2031 | ~$38,459,603 | ~$38,459,603 | ~2.0465% | ~$787,070 | -21.3% |
| 2027 | ~$48,547,608 | ~$48,547,608 | ~1.9977% | ~$969,817 | -0.7% |
| 2028 | ~$48,216,258 | ~$48,216,258 | ~1.9488% | ~$939,657 | -1.4% |
| 2029 | ~$47,887,170 | ~$47,887,170 | ~1.9000% | ~$909,864 | -2.0% |
| 2030 | ~$47,560,327 | ~$47,560,327 | ~1.8512% | ~$880,434 | -2.7% |
| 2031 | ~$47,235,716 | ~$47,235,716 | ~1.8024% | ~$851,363 | -3.4% |
In 2025, this property's market value of $46,820,000 places it in the top 25% for Multi-Family properties in Travis County (12570 comparable) — 90× 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 | $46,820,000 | $438,150 | $519,086 | $747,031 | ↑ Top 25% | -7.5% |
| 2024 | $59,000,000 | $467,312 | $564,206 | $847,583 | ↑ Top 25% | -6.3% |
| 2023 | $67,346,453 | $503,694 | $616,727 | $918,308 | ↑ Top 25% | +0.9% |
| 2022 | $61,720,000 | $506,269 | $614,560 | $904,074 | ↑ Top 25% | +39.0% |
| 2021 | $56,000,000 | $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 | — |