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2921 E 12 ST TX 78702

Travis County, TX · Multi-Family Appraisal: 2025 Certified Billing: 2025 Verified 2021–24 billing ✓
2025 Certified
Market Value
$3,021,597
2025 Verified
Taxable Value
$1,951,224
2025 Verified (35% below market)
Total Tax
$33,046
2025 Verified
Effective Tax Rate (2025)
1.0900%
2025 Tax ÷ 2025 Market Value Verified
2026 Preliminary
Market Value
$3,022,865
+0.0% 2025 → 2026 Preliminary
Taxable Value
$1,995,900
2026 Preliminary (34% below market)
Est. 2026 Total Tax
~$40,846
2026 Estimated
Est. 2026 Effective Tax Rate
1.3512%
Est. 2026 Tax ÷ 2026 Market Value Estimated
Overview History Projection Position
2026 Property Tax Calendar Today: July 20, 2026
Valuation Date
Jan 1
Notices Mailed
Apr 15
Protest DeadlineYou are here
May 15
5 days to next
Roll Certified
Jul 25
This parcel's 2026 values are still Preliminary as of today.
Rates Adopted
Sep 1
Bills Mailed
Oct 1
Payment Due
Jan 31
Property Info
Owner VAZQUEZ RAMON
Parcel ID 0209140109
Short ID 198738
Type Real
Use Code 05 Apartment 5–25 Units
Valuation Income
Improvement SF 4,498 SF
Land SF 24,793 SF
Acres 0.569
Year Built 1971
Legal LOT 4&5 BLK 1 OLT 14 DIV B OWENS SUBD NO 1 RESUB SEC ONE
Neighborhood 05EC1
Current Values 2025 Certified
Land$2,975,160
Special Use Land MarketNot Available
Total Land $2,975,160
Improvement$46,437
Total Improvement $46,437
Market$3,021,597
Special Use Exclusion (−)Not Available
Appraised$3,021,597
Value Limitation Adjustment (−) (homestead cap)−$1,070,373
Net Appraised (assessed) $1,951,224
Exemptions on fileHS,OV65
Taxable Value $1,951,224
Build-up from 2025 TCAD certified values. Land and Improvement are shown as single totals — Parcelytics' loaders capture one aggregate value per year, not TCAD's Homesite / Non-Homesite split. Special Use Land Market and Special Use Exclusion (agricultural/productivity valuation) are not in the current dataset.
Satellite View Imagery: Esri
Satellite image not available
We couldn't locate this property on the map — this can happen for parcels whose address our geocoder can't confidently match.
Investor Insight Report

Appreciation: Market value has risen +156.9% from $1,176,328 (2021) to $3,021,597 (2025), a CAGR of 26.6% 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 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 $39,932. Austin ISD is the largest single contributor, at 42.9% of the total 2025 levy.

Assessment Gap: Assessed value ($1,951,224) is $1,070,373 below market value, suggesting potential for an upward assessment in future years.

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.


Investment Snapshot — 2025 certified basis
Building (Main)
4,498 SF
living area
Gross Building
4,499 SF
enclosed area
Land
24,793 SF
0.569 ac
Value / Bldg SF
$672
all-in (incl. land)
Land $/SF
$120
land value only
Land Value Share
98%
Year Built
1971
~55 yrs old
Eff. Tax Rate
1.090%
total tax ÷ market value
Assessment Ratio
64.6%
below typical ~100%
Est. Annual Tax
$39,932
2025 taxable × rate

Value Composition: Land carries 98% of market value ($2,975,160 land vs $46,437 improvements), about $120/SF of land. With value concentrated in the land under a ~55-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 $3,021,597, 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 +20.8% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $7,767,997 by 2031, with an estimated annual tax burden around $60,551. 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.

Property Tax & County News Travis County · live feed
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Improvement Detail
Improvement Value
$46,437
Main Area
4,498 SF
Gross Building Area
4,499 SF
Year Built
1971
TCAD's page also shows Class CD, Exterior Wall, Number of Units, and EFF Year Built per component, plus an "Improvement Features" block (Foundation, Roof Style, Roof Covering, etc.) — not in Parcelytics' current dataset (see footer), so left out here rather than guessed.
6 components · show ▾hide ▴
Code Description SF In Gross
1ST 1st Floor 4,498 SF
551 PAVED AREA 4,000 SF
611 TERRACE 176 SF
011C PORCH OPEN 1ST COMM 84 SF
132 PLBG 5-FIXT AVG 1 SF
531 OBS FENCE 1 SF
Why This Property's Tax Bill Changed (2024 → 2025)
▲ Value change added $1,008 — taxable value went up.
▲ Tax rates added $1,131 — tax rates went up overall.
▼ Exemption changes saved $1,623 — this parcel gained exemption value.
Exemptions or a cap likely reset (commonly after a sale) — most of the change in 2025 taxable value isn't explained by the assessed-value change alone.

Rate effect by entity
Entity 2024 Rate 2025 Rate Rate Effect
City of Austin 0.4776% 0.5240% +776
Travis County 0.3444% 0.3758% +540
Austin ISD 0.9505% 0.9252% -387
Travis Central Health 0.1080% 0.1180% +169
Austin Community College 0.1013% 0.1034% +34
Post-Acquisition Tax Estimate Estimate · Not a prediction
Property: 4,498 SF main area · 4,499 SF gross · 0.569 ac lot
$

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.

Rate Environment
Historical Tax Rates by Entity (Travis County)
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% $14,160.92 $— $14,160.92
CAT City of Austin 0.5410% 0.4627% 0.4458% 0.4776% 0.5240% +0.0464% $8,757.05 $— $8,757.05
TCO Travis County 0.3574% 0.3182% 0.3047% 0.3444% 0.3758% +0.0314% $6,464.23 $— $6,464.23
THD Travis Central Health 0.1118% 0.0987% 0.1007% 0.1080% 0.1180% +0.0101% $1,980.35 $— $1,980.35
ACT Austin Community College 0.1048% 0.0987% 0.0986% 0.1013% 0.1034% +0.0021% $1,683.54 $— $1,683.54
Combined Rate 2.1767% 1.9749% 1.8092% 1.9818% 2.0465% +0.0647% $33,046.09 $0.00 $33,046.09
2025 Tax Burden — Entity Split
IAU
42.9% $14,161
CAT
26.5% $8,757
TCO
19.6% $6,464
THD
6.0% $1,980
ACT
5.1% $1,684
Total: $33,046
2025 Tax by Entity — Rate, Amount & Share
Entity Tax Rate Amount Due Share
IAU Austin ISD 0.9252% $14,160.92 42.9%
CAT City of Austin 0.5240% $8,757.05 26.5%
TCO Travis County 0.3758% $6,464.23 19.6%
THD Travis Central Health 0.1180% $1,980.35 6.0%
ACT Austin Community College 0.1034% $1,683.54 5.1%
Total 2.0465% $33,046.09 100.0%
Value History 2021–2026
Current & Preliminary Values
2026 Preliminary Preliminary 2025 Certified Certified Change 2025→2026
Market Value $3,022,865 $3,021,597 +0.0%
Assessed Value $1,995,900 $1,951,224 +2.3%
Land Value $2,975,160 $2,975,160 +0.0%
Improvement Value $47,705 $46,437 +2.7%
Taxable Value $1,995,900 $1,951,224 +2.3%
Exemptions HS,OV65 HS,OV65
HS Cap Loss -$1,026,965
Total Tax 2026 = estimate
~$40,846
Estimated
$33,046
Value History (2021–2026)
Year Market Value Land Value Imprv Value Value Limitation Adj (−) Net Appraised (Assessed) Taxable Value Total Tax Source
2026 Pre $3,022,865 $2,975,160 $47,705 −$1,026,965 $1,995,900 $1,995,900 Not yet — post-cert Preliminary
2025 $3,021,597 $2,975,160 $46,437 −$1,070,373 $1,951,224 $1,951,224 $33,046 Verified
2024 $3,065,397 $2,975,160 $90,237 −$1,165,011 $1,900,386 $1,683,909 $32,530 Verified
2023 $3,154,612 $2,975,160 $179,452 −$1,213,319 $1,941,293 $1,744,496 $25,235 Verified
2022 $1,375,929 $1,239,650 $136,279 −$357,067 $1,018,862 $842,683 $17,171 Verified
2021 $1,176,328 $1,115,685 $60,643 −$287,350 $888,978 $828,815 $17,020 Verified
Value Trend
Market Value vs. Taxable Value gap up to 45.1%
Year-over-Year Growth & Assessment Metrics
Year MktVal YoY Assessed YoY Asmt Ratio Eff. Tax Rate Coverage
2026 +0.0% +2.3% 66.0% Not available Partial
2025 -1.4% +2.7% 64.6% 1.0900% Verified
2024 -2.8% -2.1% 62.0% No billing data Verified
2023 +129.3% ! +90.5% 61.5% No billing data Verified
2022 +17.0% +14.6% 74.0% No billing data Verified
2021 base year 75.6% No billing data Verified
Cumulative market value growth (earliest valid year → 2025): +156.9%
Annual Trends Tax billing 2025 only
Risk Indicators
Risk Indicators
!
Large Value Jump

Market value changed by 129% in 2023, flagged as unusually large. Verify against comparable sales before using this value in underwriting.

6-Year Projection Estimates Only
5-Year Tax Projection — Scenario Bands Estimates Only
Show illustrative scenario:
Year ~Mkt Value ~Assessed ~Rate ~Ann. Tax Value Δ
2027 ~$3,650,874 ~$2,195,490 ~2.0139% ~$44,216 +20.8%
2028 ~$4,409,353 ~$2,415,039 ~1.9814% ~$47,851 +45.9%
2029 ~$5,325,409 ~$2,656,543 ~1.9488% ~$51,772 +76.2%
2030 ~$6,431,777 ~$2,922,197 ~1.9163% ~$55,998 +112.8%
2031 ~$7,767,997 ~$3,214,417 ~1.8837% ~$60,551 +157.0%
Submarket Position
Where This Property Stands — Multi-Family Benchmark

In 2025, this property's market value of $3,021,597 places it in the top 25% for Multi-Family properties in Travis County (12570 comparable) — 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 $3,021,597 $438,150 $519,086 $747,031 ↑ Top 25% -7.5%
2024 $3,065,397 $467,312 $564,206 $847,583 ↑ Top 25% -6.3%
2023 $3,154,612 $503,694 $616,727 $918,308 ↑ Top 25% +0.9%
2022 $1,375,929 $506,269 $614,560 $904,074 ↑ Top 25% +39.0%
2021 $1,176,328 $353,349 $436,046 $657,886 ↑ Top 25% base yr
Documents & Sources
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