1213 PARKWAY A TX 78703
| Owner | 1213 PARKWAY LLC |
|---|---|
| Parcel ID | 0210000205 |
| Short ID | 199594 |
| Type | Real |
| Use Code | 02 Duplex |
| Valuation | Cost |
| Improvement SF | 2,484 SF |
| Land SF | 10,560 SF |
| Acres | 0.242 |
| Year Built | 1950 |
| Legal | 10560 SQFT OF OLT 6 DIV Z RESERVE ENFIELD A |
| Neighborhood | Z3005 |
| Land | $728,400 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $728,400 |
| Improvement | $260,932 |
|---|---|
| Total Improvement | $260,932 |
| Market | $989,332 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $989,332 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $989,332 |
| Taxable Value | $989,332 |
|---|
Appreciation: Market value has risen +31.1% from $754,700 (2021) to $989,332 (2025), a CAGR of 7.0% over 4 years. This represents moderate, steady growth. Most of this growth came in a single year (2021→2022), 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 $20,247. 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 cost approach, tied more to replacement cost and physical condition than to income performance.
Value Composition: Land carries 74% of market value ($728,400 land vs $260,932 improvements), about $69/SF of land. With value concentrated in the land under a ~76-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 $989,332, 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 +4.7% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $1,188,469 by 2031, with an estimated annual tax burden around $22,388. 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.
6 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 095 | HVAC RESIDENTIAL | 2,484 SF | ✗ |
| 1ST | 1st Floor | 1,620 SF | ✓ |
| 1/2 | Half Floor | 864 SF | ✓ |
| 512 | DECK UNCOVRED | 448 SF | ✗ |
| 252 | BEDROOMS | 4 SF | ✓ |
| 251 | BATHROOM | 4 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% | $9,153.30 | $9,153.30 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $5,184.27 | $5,184.27 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,718.35 | $3,718.35 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,167.64 | $1,167.64 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,022.97 | $1,022.97 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $20,246.53 | $20,246.53 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $9,153.30 | 45.2% |
| CAT City of Austin | 0.5240% | $5,184.27 | 25.6% |
| TCO Travis County | 0.3758% | $3,718.35 | 18.4% |
| THD Travis Central Health | 0.1180% | $1,167.64 | 5.8% |
| ACT Austin Community College | 0.1034% | $1,022.97 | 5.1% |
| Total | 2.0465% | $20,246.53 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $947,068 | $989,332 | -4.3% |
| Assessed Value | $947,068 | $989,332 | -4.3% |
| Land Value | $807,310 | $728,400 | +10.8% |
| Improvement Value | $139,758 | $260,932 | -46.4% |
| Taxable Value | $947,068 | $989,332 | -4.3% |
| Total Tax 2026 = estimate |
~$19,382
Estimated
|
~$20,247
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $947,068 | $807,310 | $139,758 | — | $947,068 | $947,068 | Not yet — post-cert | Preliminary |
| 2025 | $989,332 | $728,400 | $260,932 | — | $989,332 | $989,332 | ~$20,247 | Partial |
| 2024 | $1,043,000 | $720,000 | $323,000 | — | $1,043,000 | $1,043,000 | $20,670 | Verified |
| 2023 | $1,076,200 | $720,000 | $356,200 | — | $1,076,200 | $1,076,200 | $19,471 | Verified |
| 2022 | $942,731 | $630,000 | $312,731 | — | $942,731 | $942,731 | $18,618 | Verified |
| 2021 | $754,700 | $420,000 | $334,700 | — | $754,700 | $754,700 | $16,427 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -4.3% | -4.3% | ~100% | Not available | Partial |
| 2025 | -5.1% | -5.1% | ~100% | Not available | Partial |
| 2024 | -3.1% | -3.1% | ~100% | No billing data | Verified |
| 2023 | +14.2% | +14.2% | ~100% | No billing data | Verified |
| 2022 | +24.9% | +24.9% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +31.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -4.3% | +5.3% | +4.6% | +24.9% | 2022 | -5.1% | 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 |
$20,247 | $19,087 | ~$21,162 | $20,670 | 2024 | $16,427 | 2021 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$991,066 | ~$991,066 | ~2.0139% | ~$19,959 | +4.6% |
| 2028 | ~$1,037,108 | ~$1,037,108 | ~1.9814% | ~$20,549 | +9.5% |
| 2029 | ~$1,085,289 | ~$1,085,289 | ~1.9488% | ~$21,151 | +14.6% |
| 2030 | ~$1,135,708 | ~$1,135,708 | ~1.9163% | ~$21,763 | +19.9% |
| 2031 | ~$1,188,469 | ~$1,188,469 | ~1.8837% | ~$22,388 | +25.5% |
| 2027 | ~$972,125 | ~$972,125 | ~2.0465% | ~$19,894 | +2.6% |
| 2028 | ~$997,844 | ~$997,844 | ~2.0465% | ~$20,421 | +5.4% |
| 2029 | ~$1,024,244 | ~$1,024,244 | ~2.0465% | ~$20,961 | +8.1% |
| 2030 | ~$1,051,342 | ~$1,051,342 | ~2.0465% | ~$21,516 | +11.0% |
| 2031 | ~$1,079,158 | ~$1,079,158 | ~2.0465% | ~$22,085 | +13.9% |
| 2027 | ~$1,010,007 | ~$1,010,007 | ~1.9977% | ~$20,177 | +6.6% |
| 2028 | ~$1,077,129 | ~$1,077,129 | ~1.9488% | ~$20,992 | +13.7% |
| 2029 | ~$1,148,712 | ~$1,148,712 | ~1.9000% | ~$21,826 | +21.3% |
| 2030 | ~$1,225,052 | ~$1,225,052 | ~1.8512% | ~$22,678 | +29.4% |
| 2031 | ~$1,306,465 | ~$1,306,465 | ~1.8024% | ~$23,547 | +37.9% |
In 2025, this property's market value of $989,332 places it in the top 25% for Multi-Family properties in Travis County (12570 comparable) — +91% 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 | $989,332 | $438,150 | $519,086 | $747,031 | ↑ Top 25% | -7.5% |
| 2024 | $1,043,000 | $467,312 | $564,206 | $847,583 | ↑ Top 25% | -6.3% |
| 2023 | $1,076,200 | $503,694 | $616,727 | $918,308 | ↑ Top 25% | +0.9% |
| 2022 | $942,731 | $506,269 | $614,560 | $904,074 | ↑ Top 25% | +39.0% |
| 2021 | $754,700 | $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 | — |