903 SPRINGDALE RD TX 78702
| Owner | HABITAT MODERN L L C |
|---|---|
| Parcel ID | 0204160910 |
| Short ID | 192538 |
| Type | Real |
| Use Code | 05 Apartment 5–25 Units |
| Valuation | Income |
| Improvement SF | 2,400 SF |
| Land SF | 12,040 SF |
| Acres | 0.276 |
| Year Built | 1965 |
| Legal | LOT 2 BLK 5 GULLETT GARDENS NO 2 |
| Neighborhood | 05EC |
| Land | $602,000 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $602,000 |
| Improvement | $25,823 |
|---|---|
| Total Improvement | $25,823 |
| Market | $627,823 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $627,823 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $627,823 |
| Taxable Value | $627,823 |
|---|
Appreciation: Market value has risen +56.9% from $400,120 (2021) to $627,823 (2025), a CAGR of 11.9% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2022→2023), 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 $12,848. 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 96% of market value ($602,000 land vs $25,823 improvements), about $50/SF of land. With value concentrated in the land under a ~61-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 $627,823, this parcel sits in the upper-middle (50th–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 +10.9% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $1,128,621 by 2031, with an estimated annual tax burden around $20,387. 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.
7 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 3,200 SF | ✗ |
| 1ST | 1st Floor | 1,200 SF | ✓ |
| 2ND | 2nd Floor | 1,200 SF | ✓ |
| 012C | PORCH OPEN 2 COMM | 240 SF | ✗ |
| 071 | OBS HEAT WALL | 20 SF | ✓ |
| 132 | PLBG 5-FIXT AVG | 1 SF | ✓ |
| 413 | STAIRWAY EXT | 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% | $5,808.62 | $5,808.62 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $3,289.90 | $3,289.90 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,359.64 | $2,359.64 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $740.98 | $740.98 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $649.17 | $649.17 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $12,848.31 | $12,848.31 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $5,808.62 | 45.2% |
| CAT City of Austin | 0.5240% | $3,289.90 | 25.6% |
| TCO Travis County | 0.3758% | $2,359.64 | 18.4% |
| THD Travis Central Health | 0.1180% | $740.98 | 5.8% |
| ACT Austin Community College | 0.1034% | $649.17 | 5.1% |
| Total | 2.0465% | $12,848.31 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $672,000 | $627,823 | +7.0% |
| Assessed Value | $672,000 | $627,823 | +7.0% |
| Land Value | $602,000 | $602,000 | +0.0% |
| Improvement Value | $70,000 | $25,823 | +171.1% |
| Taxable Value | $672,000 | $627,823 | +7.0% |
| Total Tax 2026 = estimate |
~$13,752
Estimated
|
~$12,848
Partial
|
ⓘ |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $672,000 | $602,000 | $70,000 | — | $672,000 | $672,000 | Not yet — post-cert | Preliminary |
| 2025 | $627,823 | $602,000 | $25,823 | — | $627,823 | $627,823 | ~$12,848 | Partial |
| 2024 | $653,101 | $602,000 | $51,101 | — | $653,101 | $653,101 | $12,943 | Verified |
| 2023 | $689,046 | $602,000 | $87,046 | — | $689,046 | $689,046 | $11,760 | Verified |
| 2022 | $429,474 | $361,200 | $68,274 | — | $429,474 | $429,474 | $8,482 | Verified |
| 2021 | $400,120 | $361,200 | $38,920 | — | $400,120 | $400,120 | $8,709 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +7.0% | +7.0% | ~100% | Not available | Partial |
| 2025 | -3.9% | -3.9% | ~100% | Not available | Partial |
| 2024 | -5.2% | -5.2% | ~100% | No billing data | Verified |
| 2023 | +60.4% | +60.4% | ~100% | No billing data | Verified |
| 2022 | +7.3% | +7.3% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +56.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +7.0% | +13.1% | +10.9% | +60.4% | 2023 | -5.2% | 2024 |
| 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 |
$12,848 | $10,949 | ~$17,534 | $12,943 | 2024 | $8,482 | 2022 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$745,427 | ~$739,200 | ~2.0139% | ~$14,887 | +10.9% |
| 2028 | ~$826,877 | ~$813,120 | ~1.9814% | ~$16,111 | +23.0% |
| 2029 | ~$917,227 | ~$894,432 | ~1.9488% | ~$17,431 | +36.5% |
| 2030 | ~$1,017,449 | ~$983,875 | ~1.9163% | ~$18,854 | +51.4% |
| 2031 | ~$1,128,621 | ~$1,082,263 | ~1.8837% | ~$20,387 | +67.9% |
| 2027 | ~$731,987 | ~$731,987 | ~2.0465% | ~$14,980 | +8.9% |
| 2028 | ~$797,329 | ~$797,329 | ~2.0465% | ~$16,317 | +18.7% |
| 2029 | ~$868,503 | ~$868,503 | ~2.0465% | ~$17,774 | +29.2% |
| 2030 | ~$946,031 | ~$946,031 | ~2.0465% | ~$19,360 | +40.8% |
| 2031 | ~$1,030,480 | ~$1,030,480 | ~2.0465% | ~$21,089 | +53.3% |
| 2027 | ~$758,867 | ~$739,200 | ~1.9977% | ~$14,767 | +12.9% |
| 2028 | ~$856,963 | ~$813,120 | ~1.9488% | ~$15,846 | +27.5% |
| 2029 | ~$967,739 | ~$894,432 | ~1.9000% | ~$16,994 | +44.0% |
| 2030 | ~$1,092,835 | ~$983,875 | ~1.8512% | ~$18,213 | +62.6% |
| 2031 | ~$1,234,102 | ~$1,082,263 | ~1.8024% | ~$19,506 | +83.6% |
In 2025, this property's market value of $627,823 places it in the 50th–75th percentile for Multi-Family properties in Travis County (12570 comparable) — +21% above 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 | $627,823 | $438,150 | $519,086 | $747,031 | ↑ Above median | -7.5% |
| 2024 | $653,101 | $467,312 | $564,206 | $847,583 | ↑ Above median | -6.3% |
| 2023 | $689,046 | $503,694 | $616,727 | $918,308 | ↑ Above median | +0.9% |
| 2022 | $429,474 | $506,269 | $614,560 | $904,074 | ↓ Bottom 25% | +39.0% |
| 2021 | $400,120 | $353,349 | $436,046 | $657,886 | ↓ Below median | 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 | — |