909 W 23 ST TX 78705
| Owner | OSBORNE MICHAEL J TRUSTEE |
|---|---|
| Parcel ID | 0212010103 |
| Short ID | 203396 |
| Type | Real |
| Use Code | 05 Apartment 5–25 Units |
| Valuation | Income |
| Improvement SF | 9,097 SF |
| Land SF | 22,922 SF |
| Acres | 0.526 |
| Year Built | 1981 |
| Legal | LOT 36-37 *& E20FT OF LOT 38 OLT 39 DIV D WOOLDRIDGE MARY ANN RESUB |
| Neighborhood | 05WC |
| Land | $1,835,000 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,835,000 |
| Improvement | $894,100 |
|---|---|
| Total Improvement | $894,100 |
| Market | $2,729,100 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,729,100 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $2,729,100 |
| Taxable Value | $2,729,100 |
|---|
Appreciation: Market value has risen +36.3% from $2,002,220 (2021) to $2,729,100 (2025), a CAGR of 8.1% over 4 years. This is strong appreciation — well above typical inflation. Growth has been fairly evenly spread across these years rather than concentrated in one jump. 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 $55,851. 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 67% of market value ($1,835,000 land vs $894,100 improvements), about $80/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $2,729,100, 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 +6.4% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $3,719,864 by 2031, with an estimated annual tax burden around $70,073. 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.
26 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 2ND | 2nd Floor | 4,229 SF | ✓ |
| 1ST | 1st Floor | 4,016 SF | ✓ |
| 551 | PAVED AREA | 3,700 SF | ✗ |
| SO | Sketch Only | 2,119 SF | ✗ |
| 011C | PORCH OPEN 1ST COMM | 1,230 SF | ✗ |
| 3RD | 3rd Floor | 852 SF | ✓ |
| UBSMT | Unfinished Basement | 456 SF | ✓ |
| 031C | GARAGE DET 1ST COMM | 440 SF | ✓ |
| 012C | PORCH OPEN 2 COMM | 433 SF | ✗ |
| 630C | PORCH CLOS FIN COMM | 400 SF | ✓ |
| 611 | TERRACE | 387 SF | ✗ |
| 061C | CARPORT ATT 1ST COMM | 228 SF | ✗ |
| 021 | PORCH CLOS 1ST F | 209 SF | ✓ |
| 022 | PORCH CLOS 2ND F | 209 SF | ✓ |
| 013C | PORCH OPEN 3 COMM | 120 SF | ✗ |
| 251 | BATHROOM | 4 SF | ✓ |
| 132 | PLBG 5-FIXT AVG | 2 SF | ✓ |
| 539 | FENCE FV | 2 SF | ✗ |
| 413 | STAIRWAY EXT | 1 SF | ✓ |
| 416 | HOT TUB | 1 SF | ✓ |
| 522C | FIREPLACE COMM | 1 SF | ✓ |
| 142 | BATHTUB AVG | 1 SF | ✓ |
| 152 | COMMODE AVG | 1 SF | ✓ |
| 162 | LAVATORY AVG | 1 SF | ✓ |
| 521 | FIREPLACE | 1 SF | ✓ |
| 306 | GREENHOUSE | 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% | $25,249.63 | $25,249.63 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $14,300.95 | $14,300.95 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $10,257.19 | $10,257.19 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $3,220.97 | $3,220.97 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,821.89 | $2,821.89 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $55,850.63 | $55,850.63 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $25,249.63 | 45.2% |
| CAT City of Austin | 0.5240% | $14,300.95 | 25.6% |
| TCO Travis County | 0.3758% | $10,257.19 | 18.4% |
| THD Travis Central Health | 0.1180% | $3,220.97 | 5.8% |
| ACT Austin Community College | 0.1034% | $2,821.89 | 5.1% |
| Total | 2.0465% | $55,850.63 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,729,100 | $2,729,100 | +0.0% |
| Assessed Value | $2,729,100 | $2,729,100 | +0.0% |
| Land Value | $1,835,000 | $1,835,000 | +0.0% |
| Improvement Value | $894,100 | $894,100 | +0.0% |
| Taxable Value | $2,729,100 | $2,729,100 | +0.0% |
| Total Tax 2026 = estimate |
~$55,851
Estimated
|
~$55,851
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $2,729,100 | $1,835,000 | $894,100 | — | $2,729,100 | $2,729,100 | Not yet — post-cert | Preliminary |
| 2025 | $2,729,100 | $1,835,000 | $894,100 | — | $2,729,100 | $2,729,100 | ~$55,851 | Partial |
| 2024 | $2,456,190 | $1,835,000 | $621,190 | — | $2,456,190 | $2,456,190 | $48,677 | Verified |
| 2023 | $2,227,633 | $1,835,000 | $392,633 | — | $2,227,633 | $2,227,633 | $40,303 | Verified |
| 2022 | $2,143,248 | $1,835,000 | $308,248 | — | $2,143,248 | $2,143,248 | $42,328 | Verified |
| 2021 | $2,002,220 | $1,835,000 | $167,220 | — | $2,002,220 | $2,002,220 | $43,582 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2025 | +11.1% | +11.1% | ~100% | Not available | Partial |
| 2024 | +10.3% | +10.3% | ~100% | No billing data | Verified |
| 2023 | +3.9% | +3.9% | ~100% | No billing data | Verified |
| 2022 | +7.0% | +7.0% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +36.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +6.5% | +6.4% | +11.1% | 2025 | +0.0% | 2026 |
| 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 |
$55,851 | $46,148 | ~$64,161 | $55,851 | 2025 | $40,303 | 2023 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$2,903,494 | ~$2,903,494 | ~2.0139% | ~$58,475 | +6.4% |
| 2028 | ~$3,089,033 | ~$3,089,033 | ~1.9814% | ~$61,206 | +13.2% |
| 2029 | ~$3,286,427 | ~$3,286,427 | ~1.9488% | ~$64,047 | +20.4% |
| 2030 | ~$3,496,436 | ~$3,496,436 | ~1.9163% | ~$67,002 | +28.1% |
| 2031 | ~$3,719,864 | ~$3,719,864 | ~1.8837% | ~$70,073 | +36.3% |
| 2027 | ~$2,848,912 | ~$2,848,912 | ~2.0465% | ~$58,303 | +4.4% |
| 2028 | ~$2,973,985 | ~$2,973,985 | ~2.0465% | ~$60,862 | +9.0% |
| 2029 | ~$3,104,548 | ~$3,104,548 | ~2.0465% | ~$63,534 | +13.8% |
| 2030 | ~$3,240,843 | ~$3,240,843 | ~2.0465% | ~$66,323 | +18.8% |
| 2031 | ~$3,383,122 | ~$3,383,122 | ~2.0465% | ~$69,235 | +24.0% |
| 2027 | ~$2,958,076 | ~$2,958,076 | ~1.9977% | ~$59,092 | +8.4% |
| 2028 | ~$3,206,264 | ~$3,206,264 | ~1.9488% | ~$62,485 | +17.5% |
| 2029 | ~$3,475,275 | ~$3,475,275 | ~1.9000% | ~$66,031 | +27.3% |
| 2030 | ~$3,766,857 | ~$3,766,857 | ~1.8512% | ~$69,732 | +38.0% |
| 2031 | ~$4,082,903 | ~$4,082,903 | ~1.8024% | ~$73,589 | +49.6% |
In 2025, this property's market value of $2,729,100 places it in the top 25% for Multi-Family properties in Travis County (12570 comparable) — 5× 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 | $2,729,100 | $438,150 | $519,086 | $747,031 | ↑ Top 25% | -7.5% |
| 2024 | $2,456,190 | $467,312 | $564,206 | $847,583 | ↑ Top 25% | -6.3% |
| 2023 | $2,227,633 | $503,694 | $616,727 | $918,308 | ↑ Top 25% | +0.9% |
| 2022 | $2,143,248 | $506,269 | $614,560 | $904,074 | ↑ Top 25% | +39.0% |
| 2021 | $2,002,220 | $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 | — |