604 W 18 ST TX 78701
| Owner | TRIPLE PLAY PROPERTIES LTD |
|---|---|
| Parcel ID | 0210020608 |
| Short ID | 199720 |
| Type | Real |
| Use Code | 07 Apartment 50–100 Units |
| Valuation | Income |
| Improvement SF | 36,712 SF |
| Land SF | 36,364 SF |
| Acres | 0.835 |
| Year Built | 1963 |
| Legal | W 172' OF S 150' & C 100' OF E 105' OF S 150' OLT 26 DIVISION E |
| Neighborhood | 08CBD |
| Land | $4,545,500 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $4,545,500 |
| Improvement | $3,254,500 |
|---|---|
| Total Improvement | $3,254,500 |
| Market | $7,800,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $7,800,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $7,800,000 |
| Taxable Value | $7,800,000 |
|---|
Appreciation: Market value has risen +13.9% from $6,850,000 (2021) to $7,800,000 (2025), a CAGR of 3.3% over 4 years. Growth has been relatively flat for this asset class. 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 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 $159,626. 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 58% of market value ($4,545,500 land vs $3,254,500 improvements), about $125/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $7,800,000, 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 +2.8% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $9,005,479 by 2031, with an estimated annual tax burden around $169,640. 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.
19 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 12,742 SF | ✓ |
| 2ND | 2nd Floor | 12,077 SF | ✓ |
| 3RD | 3rd Floor | 11,893 SF | ✓ |
| 591 | MASONRY TRIM SF | 11,744 SF | ✗ |
| 551 | PAVED AREA | 8,043 SF | ✗ |
| 011C | PORCH OPEN 1ST COMM | 3,644 SF | ✗ |
| 061C | CARPORT ATT 1ST COMM | 2,363 SF | ✗ |
| 012C | PORCH OPEN 2 COMM | 2,054 SF | ✗ |
| SO | Sketch Only | 1,500 SF | ✗ |
| 013C | PORCH OPEN 3 COMM | 1,171 SF | ✗ |
| 601 | POOL COMM'L | 703 SF | ✗ |
| 581C | STORAGE ATT COMM | 470 SF | ✓ |
| 132 | PLBG 5-FIXT AVG | 4 SF | ✓ |
| 303 | STAIRWAYS FV | 4 SF | ✓ |
| 162 | LAVATORY AVG | 3 SF | ✓ |
| 142 | BATHTUB AVG | 2 SF | ✓ |
| 152 | COMMODE AVG | 2 SF | ✓ |
| 172 | SHOWER STALL AVG | 1 SF | ✓ |
| 539 | FENCE 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% | $68,770.12 | $68,770.12 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $38,950.18 | $38,950.18 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $27,936.56 | $27,936.56 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $8,772.65 | $8,772.65 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $7,685.72 | $7,685.72 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $152,115.23 | $152,115.23 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $68,770.12 | 45.2% |
| CAT City of Austin | 0.5240% | $38,950.18 | 25.6% |
| TCO Travis County | 0.3758% | $27,936.56 | 18.4% |
| THD Travis Central Health | 0.1180% | $8,772.65 | 5.8% |
| ACT Austin Community College | 0.1034% | $7,685.72 | 5.1% |
| Total | 2.0465% | $152,115.23 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $7,854,141 | $7,800,000 | +0.7% |
| Assessed Value | $7,854,141 | $7,800,000 | +0.7% |
| Land Value | $7,272,800 | $4,545,500 | +60.0% |
| Improvement Value | $581,341 | $3,254,500 | -82.1% |
| Taxable Value | $7,854,141 | $7,800,000 | +0.7% |
| Total Tax 2026 = estimate |
~$160,734
Estimated
|
~$152,115
Partial
|
ⓘ |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $7,854,141 | $7,272,800 | $581,341 | — | $7,854,141 | $7,854,141 | Not yet — post-cert | Preliminary |
| 2025 | $7,800,000 | $4,545,500 | $3,254,500 | — | $7,800,000 | $7,800,000 | ~$152,115 | Partial |
| 2024 | $7,925,493 | $4,545,500 | $3,379,993 | — | $7,925,493 | $7,925,493 | $157,069 | Verified |
| 2023 | $8,560,000 | $4,545,500 | $4,014,500 | — | $8,560,000 | $8,560,000 | $141,871 | Verified |
| 2022 | $7,710,000 | $4,545,500 | $3,164,500 | — | $7,710,000 | $7,710,000 | $141,760 | Verified |
| 2021 | $6,850,000 | $4,545,500 | $2,304,500 | — | $6,850,000 | $6,850,000 | $137,707 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.7% | +0.7% | ~100% | Not available | Partial |
| 2025 | -1.6% | -1.6% | ~100% | Not available | Partial |
| 2024 | -7.4% | -7.4% | ~100% | No billing data | Verified |
| 2023 | +11.0% | +11.0% | ~100% | No billing data | Verified |
| 2022 | +12.6% | +12.6% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +13.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.7% | +3.1% | +2.8% | +12.6% | 2022 | -7.4% | 2024 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2021 | 100.0% | 2021 |
| Effective Tax Rate (2025) | 1.9500% | 1.9500% | — | 1.9500% | 2025 | 1.9500% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$152,115 | $146,104 | ~$166,130 | $157,069 | 2024 | $137,707 | 2021 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$8,071,984 | ~$8,071,984 | ~2.0139% | ~$162,565 | +2.8% |
| 2028 | ~$8,295,870 | ~$8,295,870 | ~1.9814% | ~$164,373 | +5.6% |
| 2029 | ~$8,525,965 | ~$8,525,965 | ~1.9488% | ~$166,157 | +8.6% |
| 2030 | ~$8,762,443 | ~$8,762,443 | ~1.9163% | ~$167,914 | +11.6% |
| 2031 | ~$9,005,479 | ~$9,005,479 | ~1.8837% | ~$169,640 | +14.7% |
| 2027 | ~$7,914,902 | ~$7,914,902 | ~2.0465% | ~$161,977 | +0.8% |
| 2028 | ~$7,976,132 | ~$7,976,132 | ~2.0465% | ~$163,230 | +1.6% |
| 2029 | ~$8,037,837 | ~$8,037,837 | ~2.0465% | ~$164,493 | +2.3% |
| 2030 | ~$8,100,019 | ~$8,100,019 | ~2.0465% | ~$165,766 | +3.1% |
| 2031 | ~$8,162,681 | ~$8,162,681 | ~2.0465% | ~$167,048 | +3.9% |
| 2027 | ~$8,229,067 | ~$8,229,067 | ~1.9977% | ~$164,389 | +4.8% |
| 2028 | ~$8,621,891 | ~$8,621,891 | ~1.9488% | ~$168,027 | +9.8% |
| 2029 | ~$9,033,467 | ~$9,033,467 | ~1.9000% | ~$171,637 | +15.0% |
| 2030 | ~$9,464,690 | ~$9,464,690 | ~1.8512% | ~$175,210 | +20.5% |
| 2031 | ~$9,916,497 | ~$9,916,497 | ~1.8024% | ~$178,732 | +26.3% |
In 2025, this property's market value of $7,800,000 places it in the top 25% for Multi-Family properties in Travis County (12570 comparable) — 15× 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 | $7,800,000 | $438,150 | $519,086 | $747,031 | ↑ Top 25% | -7.5% |
| 2024 | $7,925,493 | $467,312 | $564,206 | $847,583 | ↑ Top 25% | -6.3% |
| 2023 | $8,560,000 | $503,694 | $616,727 | $918,308 | ↑ Top 25% | +0.9% |
| 2022 | $7,710,000 | $506,269 | $614,560 | $904,074 | ↑ Top 25% | +39.0% |
| 2021 | $6,850,000 | $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 | — |