1020 E 32 ST TX 78705
| Owner | TRG UP 32ND STREET LLC |
|---|---|
| Parcel ID | 0215080163 |
| Short ID | 771771 |
| Type | Real |
| Use Code | 08 Apartment 100+ Units |
| Valuation | Income |
| Improvement SF | 296,378 SF |
| Land SF | 161,956 SF |
| Acres | 3.718 |
| Year Built | 2020 |
| Legal | LOT 1A BLK A EAST AVENUE SUBD AMENDED PLAT OF LOTS 1 & 2 BLK A |
| Neighborhood | 08WC2 |
| Land | $32,391,216 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $32,391,216 |
| Improvement | $60,448,784 |
|---|---|
| Total Improvement | $60,448,784 |
| Market | $92,840,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $92,840,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $92,840,000 |
| Taxable Value | $92,840,000 |
|---|
Appreciation: Market value has risen +46.9% from $63,206,838 (2021) to $92,840,000 (2025), a CAGR of 10.1% 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 $1,899,957. 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 35% of market value ($32,391,216 land vs $60,448,784 improvements), about $200/SF of land. Most value sits in the improvements, so building condition, age (~6 yrs), and rent roll drive the underwriting.
Submarket Position: At $92,840,000, 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 +8.1% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $137,394,132 by 2031, with an estimated annual tax burden around $2,588,152. 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.
1 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 296,378 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% | $858,955.68 | $858,955.68 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $486,497.38 | $486,497.38 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $348,934.50 | $348,934.50 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $109,572.55 | $109,572.55 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $95,996.56 | $95,996.56 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $1,899,956.67 | $1,899,956.67 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $858,955.68 | 45.2% |
| CAT City of Austin | 0.5240% | $486,497.38 | 25.6% |
| TCO Travis County | 0.3758% | $348,934.50 | 18.4% |
| THD Travis Central Health | 0.1180% | $109,572.55 | 5.8% |
| ACT Austin Community College | 0.1034% | $95,996.56 | 5.1% |
| Total | 2.0465% | $1,899,956.67 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $93,189,316 | $92,840,000 | +0.4% |
| Assessed Value | $93,189,316 | $92,840,000 | +0.4% |
| Land Value | $34,107,400 | $32,391,216 | +5.3% |
| Improvement Value | $59,081,916 | $60,448,784 | -2.3% |
| Taxable Value | $93,189,316 | $92,840,000 | +0.4% |
| Total Tax 2026 = estimate |
~$1,907,105
Estimated
|
~$1,899,957
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $93,189,316 | $34,107,400 | $59,081,916 | — | $93,189,316 | $93,189,316 | Not yet — post-cert | Preliminary |
| 2025 | $92,840,000 | $32,391,216 | $60,448,784 | — | $92,840,000 | $92,840,000 | ~$1,899,957 | Partial |
| 2024 | $93,609,133 | $32,391,216 | $61,217,917 | — | $93,609,133 | $93,609,133 | $1,797,949 | Verified |
| 2023 | $100,813,736 | $32,391,216 | $68,422,520 | — | $100,813,736 | $100,813,736 | $1,660,368 | Verified |
| 2022 | $103,803,736 | $32,391,216 | $71,412,520 | — | $103,803,736 | $103,803,736 | $1,906,138 | Verified |
| 2021 | $63,206,838 | $24,293,412 | $38,913,426 | — | $63,206,838 | $63,206,838 | $1,375,810 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.4% | +0.4% | ~100% | Not available | Partial |
| 2025 | -0.8% | -0.8% | ~100% | Not available | Partial |
| 2024 | -7.1% | -7.1% | ~100% | No billing data | Verified |
| 2023 | -2.9% | -2.9% | ~100% | No billing data | Verified |
| 2022 | +64.2% | +64.2% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +46.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.4% | +10.8% | +8.1% | +64.2% | 2022 | -7.1% | 2024 |
| 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 |
$1,899,957 | $1,728,044 | ~$2,300,347 | $1,906,138 | 2022 | $1,375,810 | 2021 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$100,713,233 | ~$100,713,233 | ~2.0139% | ~$2,028,301 | +8.1% |
| 2028 | ~$108,844,615 | ~$108,844,615 | ~1.9814% | ~$2,156,634 | +16.8% |
| 2029 | ~$117,632,509 | ~$117,632,509 | ~1.9488% | ~$2,292,469 | +26.2% |
| 2030 | ~$127,129,919 | ~$127,129,919 | ~1.9163% | ~$2,436,179 | +36.4% |
| 2031 | ~$137,394,132 | ~$137,394,132 | ~1.8837% | ~$2,588,152 | +47.4% |
| 2027 | ~$98,849,446 | ~$98,849,446 | ~2.0465% | ~$2,022,939 | +6.1% |
| 2028 | ~$104,853,361 | ~$104,853,361 | ~2.0465% | ~$2,145,808 | +12.5% |
| 2029 | ~$111,221,942 | ~$111,221,942 | ~2.0465% | ~$2,276,140 | +19.4% |
| 2030 | ~$117,977,338 | ~$117,977,338 | ~2.0465% | ~$2,414,389 | +26.6% |
| 2031 | ~$125,143,042 | ~$125,143,042 | ~2.0465% | ~$2,561,034 | +34.3% |
| 2027 | ~$102,577,019 | ~$102,508,248 | ~1.9977% | ~$2,047,769 | +10.1% |
| 2028 | ~$112,910,420 | ~$112,759,072 | ~1.9488% | ~$2,197,493 | +21.2% |
| 2029 | ~$124,284,787 | ~$124,034,980 | ~1.9000% | ~$2,356,685 | +33.4% |
| 2030 | ~$136,804,985 | ~$136,438,478 | ~1.8512% | ~$2,525,741 | +46.8% |
| 2031 | ~$150,586,442 | ~$150,082,325 | ~1.8024% | ~$2,705,041 | +61.6% |
In 2025, this property's market value of $92,840,000 places it in the top 25% for Multi-Family properties in Travis County (12570 comparable) — 179× 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 | $92,840,000 | $438,150 | $519,086 | $747,031 | ↑ Top 25% | -7.5% |
| 2024 | $93,609,133 | $467,312 | $564,206 | $847,583 | ↑ Top 25% | -6.3% |
| 2023 | $100,813,736 | $503,694 | $616,727 | $918,308 | ↑ Top 25% | +0.9% |
| 2022 | $103,803,736 | $506,269 | $614,560 | $904,074 | ↑ Top 25% | +39.0% |
| 2021 | $63,206,838 | $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 | — |