1132 NORTHWESTERN AVE TX 78702
| Owner | CHEN WENKAI |
|---|---|
| Parcel ID | 0206100210 |
| Short ID | 194983 |
| Type | Real |
| Use Code | 02 Duplex |
| Valuation | Cost |
| Improvement SF | 3,155 SF |
| Land SF | 19,069 SF |
| Acres | 0.438 |
| Year Built | 2021 |
| Legal | 0.4378 AC OF OLT 62 DIV B JONES M L |
| Neighborhood | E2000 |
| Land | $126,875 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $126,875 |
| Improvement | $825,593 |
|---|---|
| Total Improvement | $825,593 |
| Market | $952,468 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $952,468 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $952,468 |
| Exemptions on file | HS |
|---|---|
| Taxable Value | $952,468 |
Appreciation: Market value has risen +486.1% from $162,500 (2021) to $952,468 (2025), a CAGR of 55.6% 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 Land/Vacant parcel countywide rose +283.7%, so this parcel has outpaced the broader land/vacant 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 $19,492. Austin ISD is the largest single contributor, at 46.3% of the total 2025 levy.
Asset Class: Land / Vacant. This is valued using the cost approach, tied more to replacement cost and physical condition than to income performance.
Value Composition: Land carries 13% of market value ($126,875 land vs $825,593 improvements), about $7/SF of land. Most value sits in the improvements, so building condition, age (~5 yrs), and rent roll drive the underwriting.
Submarket Position: At $952,468, this parcel sits in the top quartile (≥75th percentile) of Land/Vacant property in Travis County — county median $84,423 (P25 $24,862 / P75 $362,804, n=35,611). Land/Vacant here is the broad TCAD category — every land/vacant 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 +42.4% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $5,582,740 by 2031, with an estimated annual tax burden around $28,896. 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 | 3,155 SF | ✗ |
| 2ND | 2nd Floor | 1,320 SF | ✓ |
| 1ST | 1st Floor | 935 SF | ✓ |
| 3RD | 3rd Floor | 900 SF | ✓ |
| 061 | CARPORT ATT 1ST | 216 SF | ✗ |
| 581 | STORAGE ATT | 9 SF | ✓ |
| 251 | BATHROOM | 6 SF | ✓ |
| 252 | BEDROOMS | 6 SF | ✓ |
| 250 | HALF BATHROOM | 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% | $7,516.95 | $7,516.95 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $3,992.87 | $3,992.87 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,863.84 | $2,863.84 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $975.00 | $975.00 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $899.30 | $899.30 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $16,247.96 | $16,247.96 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $7,516.95 | 46.3% |
| CAT City of Austin | 0.5240% | $3,992.87 | 24.6% |
| TCO Travis County | 0.3758% | $2,863.84 | 17.6% |
| ACT Austin Community College | 0.1034% | $975.00 | 6.0% |
| THD Travis Central Health | 0.1180% | $899.30 | 5.5% |
| Total | 2.0465% | $16,247.96 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $952,468 | $952,468 | +0.0% |
| Assessed Value | $952,468 | $952,468 | +0.0% |
| Land Value | $174,133 | $126,875 | +37.2% |
| Improvement Value | $778,335 | $825,593 | -5.7% |
| Taxable Value | $952,468 | $952,468 | +0.0% |
| Exemptions | HS | HS | |
| Total Tax 2026 = estimate |
~$19,492
Estimated
|
~$16,248
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $952,468 | $174,133 | $778,335 | — | $952,468 | $952,468 | Not yet — post-cert | Preliminary |
| 2025 | $952,468 | $126,875 | $825,593 | — | $952,468 | $952,468 | ~$16,248 | Partial |
| 2024 | $952,468 | $170,625 | $781,843 | — | $952,468 | $761,974 | $16,144 | Verified |
| 2023 | $1,190,438 | $170,625 | $1,019,813 | — | $1,190,438 | $952,350 | $17,470 | Verified |
| 2022 | $640,861 | $170,625 | $470,236 | — | $640,861 | $640,861 | $12,657 | Verified |
| 2021 | $162,500 | $162,500 | — | — | $162,500 | $162,500 | $2,612 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2025 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2024 | -20.0% | -20.0% | ~100% | No billing data | Verified |
| 2023 | +85.8% ! | +85.8% | ~100% | No billing data | Verified |
| 2022 | +294.4% ! | +294.4% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +486.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +72.0% | +42.4% | +294.4% | 2022 | -20.0% | 2024 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2021 | 100.0% | 2021 |
| Effective Tax Rate (2025) | 1.7100% | 1.7100% | — | 1.7100% | 2025 | 1.7100% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$16,248 | $13,026 | ~$24,852 | $17,470 | 2023 | $2,612 | 2021 |
Market value changed by 294% in 2022, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$1,356,594 | ~$1,047,715 | ~2.0139% | ~$21,100 | +42.4% |
| 2028 | ~$1,932,187 | ~$1,152,486 | ~1.9814% | ~$22,835 | +102.9% |
| 2029 | ~$2,752,001 | ~$1,267,735 | ~1.9488% | ~$24,706 | +188.9% |
| 2030 | ~$3,919,657 | ~$1,394,508 | ~1.9163% | ~$26,723 | +311.5% |
| 2031 | ~$5,582,740 | ~$1,533,959 | ~1.8837% | ~$28,896 | +486.1% |
| 2027 | ~$1,337,544 | ~$1,047,715 | ~2.0465% | ~$21,441 | +40.4% |
| 2028 | ~$1,878,304 | ~$1,152,486 | ~2.0465% | ~$23,585 | +97.2% |
| 2029 | ~$2,637,690 | ~$1,267,735 | ~2.0465% | ~$25,944 | +176.9% |
| 2030 | ~$3,704,090 | ~$1,394,508 | ~2.0465% | ~$28,538 | +288.9% |
| 2031 | ~$5,201,629 | ~$1,533,959 | ~2.0465% | ~$31,392 | +446.1% |
| 2027 | ~$1,375,643 | ~$1,047,715 | ~1.9977% | ~$20,930 | +44.4% |
| 2028 | ~$1,986,832 | ~$1,152,486 | ~1.9488% | ~$22,460 | +108.6% |
| 2029 | ~$2,869,568 | ~$1,267,735 | ~1.9000% | ~$24,087 | +201.3% |
| 2030 | ~$4,144,497 | ~$1,394,508 | ~1.8512% | ~$25,815 | +335.1% |
| 2031 | ~$5,985,870 | ~$1,533,959 | ~1.8024% | ~$27,648 | +528.5% |
In 2025, this property's market value of $952,468 places it in the top 25% for Land/Vacant properties in Travis County (35611 comparable) — 11× the county median of $84,423. Land/Vacant here is the broad TCAD category — every land/vacant 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 | $952,468 | $24,862 | $84,423 | $362,804 | ↑ Top 25% | +2.1% |
| 2024 | $952,468 | $23,000 | $66,000 | $328,966 | ↑ Top 25% | +0.0% |
| 2023 | $1,190,438 | $24,692 | $71,500 | $270,000 | ↑ Top 25% | +0.0% |
| 2022 | $640,861 | $15,000 | $55,000 | $180,000 | ↑ Top 25% | +100.0% |
| 2021 | $162,500 | $8,000 | $22,000 | $81,900 | ↑ 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 | — |