2809 RIO GRANDE ST TX 78705
| Owner | C & M AUSTIN PROPERTIES LLC |
|---|---|
| Parcel ID | 0215020604 |
| Short ID | 208198 |
| Type | Real |
| Use Code | 04 Fourplex |
| Valuation | Income |
| Improvement SF | 4,638 SF |
| Land SF | 9,750 SF |
| Acres | 0.224 |
| Year Built | 1998 |
| Legal | LOT 5 BLK 3 OLT 68 DIVISION D |
| Neighborhood | Z40005 |
| Land | $669,375 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $669,375 |
| Improvement | $687,254 |
|---|---|
| Total Improvement | $687,254 |
| Market | $1,356,629 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,356,629 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,356,629 |
| Taxable Value | $1,356,629 |
|---|
Appreciation: Market value has risen +48.7% from $912,500 (2021) to $1,356,629 (2025), a CAGR of 10.4% over 4 years. This is strong appreciation — well above typical inflation. 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 $27,763. 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 49% of market value ($669,375 land vs $687,254 improvements), about $69/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $1,356,629, 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 +12.6% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $2,981,360 by 2031, with an estimated annual tax burden around $49,389. 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.
12 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 095 | HVAC RESIDENTIAL | 4,638 SF | ✗ |
| 551 | PAVED AREA | 3,200 SF | ✗ |
| 1ST | 1st Floor | 2,844 SF | ✓ |
| 2ND | 2nd Floor | 1,554 SF | ✓ |
| 512 | DECK UNCOVRED | 304 SF | ✗ |
| 1/2 | Half Floor | 240 SF | ✓ |
| 011 | PORCH OPEN 1ST F | 160 SF | ✗ |
| 581 | STORAGE ATT | 132 SF | ✓ |
| 012 | PORCH OPEN 2ND F | 96 SF | ✗ |
| 612 | TERRACE UNCOVERD | 80 SF | ✗ |
| 252 | BEDROOMS | 15 SF | ✓ |
| 251 | BATHROOM | 8 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% | $12,551.53 | $12,551.53 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $7,108.97 | $7,108.97 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $5,098.82 | $5,098.82 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,601.13 | $1,601.13 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,402.75 | $1,402.75 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $27,763.20 | $27,763.20 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $12,551.53 | 45.2% |
| CAT City of Austin | 0.5240% | $7,108.97 | 25.6% |
| TCO Travis County | 0.3758% | $5,098.82 | 18.4% |
| THD Travis Central Health | 0.1180% | $1,601.13 | 5.8% |
| ACT Austin Community College | 0.1034% | $1,402.75 | 5.1% |
| Total | 2.0465% | $27,763.20 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,649,391 | $1,356,629 | +21.6% |
| Assessed Value | $1,627,955 | $1,356,629 | +20.0% |
| Land Value | $669,375 | $669,375 | +0.0% |
| Improvement Value | $980,016 | $687,254 | +42.6% |
| Taxable Value | $1,627,955 | $1,356,629 | +20.0% |
| HS Cap Loss | -$21,436 | — | |
| Total Tax 2026 = estimate |
~$33,316
Estimated
|
~$27,763
Partial
|
ⓘ |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $1,649,391 | $669,375 | $980,016 | −$21,436 | $1,627,955 | $1,627,955 | Not yet — post-cert | Preliminary |
| 2025 | $1,356,629 | $669,375 | $687,254 | — | $1,356,629 | $1,356,629 | ~$27,763 | Partial |
| 2024 | $1,400,000 | $720,000 | $680,000 | — | $1,400,000 | $1,400,000 | $27,745 | Verified |
| 2023 | $1,289,661 | $720,000 | $569,661 | — | $1,289,661 | $1,289,661 | $23,333 | Verified |
| 2022 | $1,445,322 | $720,000 | $725,322 | — | $1,445,322 | $1,445,322 | $28,544 | Verified |
| 2021 | $912,500 | $468,000 | $444,500 | — | $912,500 | $912,500 | $19,862 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +21.6% | +20.0% | 98.7% | Not available | Partial |
| 2025 | -3.1% | -3.1% | ~100% | Not available | Partial |
| 2024 | +8.6% | +8.6% | ~100% | No billing data | Verified |
| 2023 | -10.8% | -10.8% | ~100% | No billing data | Verified |
| 2022 | +58.4% | +58.4% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +48.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +21.6% | +14.9% | +12.6% | +58.4% | 2022 | -10.8% | 2023 |
| Assessment Ratio | 98.7% | 99.8% | — | 100.0% | 2021 | 98.7% | 2026 |
| 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 |
$27,763 | $25,450 | ~$42,477 | $28,544 | 2022 | $19,862 | 2021 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$1,856,700 | ~$1,790,751 | ~2.0139% | ~$36,065 | +12.6% |
| 2028 | ~$2,090,066 | ~$1,969,826 | ~1.9814% | ~$39,030 | +26.7% |
| 2029 | ~$2,352,762 | ~$2,166,808 | ~1.9488% | ~$42,228 | +42.6% |
| 2030 | ~$2,648,477 | ~$2,383,489 | ~1.9163% | ~$45,675 | +60.6% |
| 2031 | ~$2,981,360 | ~$2,621,838 | ~1.8837% | ~$49,389 | +80.8% |
| 2027 | ~$1,823,712 | ~$1,790,751 | ~2.0465% | ~$36,647 | +10.6% |
| 2028 | ~$2,016,457 | ~$1,969,826 | ~2.0465% | ~$40,312 | +22.3% |
| 2029 | ~$2,229,573 | ~$2,166,808 | ~2.0465% | ~$44,343 | +35.2% |
| 2030 | ~$2,465,213 | ~$2,383,489 | ~2.0465% | ~$48,778 | +49.5% |
| 2031 | ~$2,725,757 | ~$2,621,838 | ~2.0465% | ~$53,656 | +65.3% |
| 2027 | ~$1,889,688 | ~$1,790,751 | ~1.9977% | ~$35,773 | +14.6% |
| 2028 | ~$2,164,993 | ~$1,969,826 | ~1.9488% | ~$38,389 | +31.3% |
| 2029 | ~$2,480,408 | ~$2,166,808 | ~1.9000% | ~$41,170 | +50.4% |
| 2030 | ~$2,841,774 | ~$2,383,489 | ~1.8512% | ~$44,123 | +72.3% |
| 2031 | ~$3,255,787 | ~$2,621,838 | ~1.8024% | ~$47,255 | +97.4% |
In 2025, this property's market value of $1,356,629 places it in the top 25% for Multi-Family properties in Travis County (12570 comparable) — +161% 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 | $1,356,629 | $438,150 | $519,086 | $747,031 | ↑ Top 25% | -7.5% |
| 2024 | $1,400,000 | $467,312 | $564,206 | $847,583 | ↑ Top 25% | -6.3% |
| 2023 | $1,289,661 | $503,694 | $616,727 | $918,308 | ↑ Top 25% | +0.9% |
| 2022 | $1,445,322 | $506,269 | $614,560 | $904,074 | ↑ Top 25% | +39.0% |
| 2021 | $912,500 | $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 | — |