202 E 32 ST TX 78705
| Owner | BENT TREE PROPERTIES LLC |
|---|---|
| Parcel ID | 0216040503 |
| Short ID | 210192 |
| Type | Real |
| Use Code | 05 Apartment 5–25 Units |
| Valuation | Income |
| Improvement SF | 5,152 SF |
| Land SF | 8,255 SF |
| Acres | 0.190 |
| Year Built | 1974 |
| Legal | S115FT OF E57FT OF LOT 2 * & W10FT OF LOT 3 BLK 16 DIV D GROOMS ADDN |
| Neighborhood | 05WC1 |
| Land | $825,500 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $825,500 |
| Improvement | $1,235,300 |
|---|---|
| Total Improvement | $1,235,300 |
| Market | $2,060,800 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,060,800 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $2,060,800 |
| Taxable Value | $2,060,800 |
|---|
Appreciation: Market value has risen +40.4% from $1,468,320 (2021) to $2,060,800 (2025), a CAGR of 8.8% 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 $42,174. 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 40% of market value ($825,500 land vs $1,235,300 improvements), about $100/SF of land. Most value sits in the improvements, so building condition, age (~52 yrs), and rent roll drive the underwriting.
Submarket Position: At $2,060,800, 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 +6.5% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $2,749,541 by 2031, with an estimated annual tax burden around $51,794. 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.
10 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 4,500 SF | ✗ |
| 1ST | 1st Floor | 2,576 SF | ✓ |
| 2ND | 2nd Floor | 2,576 SF | ✓ |
| SO | Sketch Only | 512 SF | ✗ |
| 011C | PORCH OPEN 1ST COMM | 256 SF | ✗ |
| 012C | PORCH OPEN 2 COMM | 256 SF | ✗ |
| 541 | FENCE COMM LF | 115 SF | ✗ |
| 132 | PLBG 5-FIXT AVG | 1 SF | ✓ |
| 269 | OBS RANGE DRP-IN | 1 SF | ✓ |
| 413 | STAIRWAY EXT | 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% | $19,066.52 | $19,066.52 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $10,798.94 | $10,798.94 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $7,745.41 | $7,745.41 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,432.22 | $2,432.22 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,130.87 | $2,130.87 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $42,173.96 | $42,173.96 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $19,066.52 | 45.2% |
| CAT City of Austin | 0.5240% | $10,798.94 | 25.6% |
| TCO Travis County | 0.3758% | $7,745.41 | 18.4% |
| THD Travis Central Health | 0.1180% | $2,432.22 | 5.8% |
| ACT Austin Community College | 0.1034% | $2,130.87 | 5.1% |
| Total | 2.0465% | $42,173.96 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,009,280 | $2,060,800 | -2.5% |
| Assessed Value | $2,009,280 | $2,060,800 | -2.5% |
| Land Value | $825,500 | $825,500 | +0.0% |
| Improvement Value | $1,183,780 | $1,235,300 | -4.2% |
| Taxable Value | $2,009,280 | $2,060,800 | -2.5% |
| Total Tax 2026 = estimate |
~$41,120
Estimated
|
~$42,174
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $2,009,280 | $825,500 | $1,183,780 | — | $2,009,280 | $2,009,280 | Not yet — post-cert | Preliminary |
| 2025 | $2,060,800 | $825,500 | $1,235,300 | — | $2,060,800 | $2,060,800 | ~$42,174 | Partial |
| 2024 | $1,803,200 | $825,500 | $977,700 | — | $1,803,200 | $1,803,200 | $35,736 | Verified |
| 2023 | $1,725,920 | $825,500 | $900,420 | — | $1,725,920 | $1,725,920 | $31,226 | Verified |
| 2022 | $1,571,360 | $619,125 | $952,235 | — | $1,571,360 | $1,571,360 | $31,033 | Verified |
| 2021 | $1,468,320 | $619,125 | $849,195 | — | $1,468,320 | $1,468,320 | $31,961 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -2.5% | -2.5% | ~100% | Not available | Partial |
| 2025 | +14.3% | +14.3% | ~100% | Not available | Partial |
| 2024 | +4.5% | +4.5% | ~100% | No billing data | Verified |
| 2023 | +9.8% | +9.8% | ~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): +40.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -2.5% | +6.6% | +6.5% | +14.3% | 2025 | -2.5% | 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 |
$42,174 | $34,426 | ~$47,353 | $42,174 | 2025 | $31,033 | 2022 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$2,139,363 | ~$2,139,363 | ~2.0139% | ~$43,085 | +6.5% |
| 2028 | ~$2,277,867 | ~$2,277,867 | ~1.9814% | ~$45,133 | +13.4% |
| 2029 | ~$2,425,338 | ~$2,425,338 | ~1.9488% | ~$47,266 | +20.7% |
| 2030 | ~$2,582,357 | ~$2,582,357 | ~1.9163% | ~$49,485 | +28.5% |
| 2031 | ~$2,749,541 | ~$2,749,541 | ~1.8837% | ~$51,794 | +36.8% |
| 2027 | ~$2,099,177 | ~$2,099,177 | ~2.0465% | ~$42,959 | +4.5% |
| 2028 | ~$2,193,096 | ~$2,193,096 | ~2.0465% | ~$44,881 | +9.1% |
| 2029 | ~$2,291,217 | ~$2,291,217 | ~2.0465% | ~$46,889 | +14.0% |
| 2030 | ~$2,393,729 | ~$2,393,729 | ~2.0465% | ~$48,987 | +19.1% |
| 2031 | ~$2,500,826 | ~$2,500,826 | ~2.0465% | ~$51,179 | +24.5% |
| 2027 | ~$2,179,548 | ~$2,179,548 | ~1.9977% | ~$43,540 | +8.5% |
| 2028 | ~$2,364,245 | ~$2,364,245 | ~1.9488% | ~$46,075 | +17.7% |
| 2029 | ~$2,564,594 | ~$2,564,594 | ~1.9000% | ~$48,728 | +27.6% |
| 2030 | ~$2,781,920 | ~$2,781,920 | ~1.8512% | ~$51,499 | +38.5% |
| 2031 | ~$3,017,662 | ~$3,017,662 | ~1.8024% | ~$54,389 | +50.2% |
In 2025, this property's market value of $2,060,800 places it in the top 25% for Multi-Family properties in Travis County (12570 comparable) — 4× 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 | $2,060,800 | $438,150 | $519,086 | $747,031 | ↑ Top 25% | -7.5% |
| 2024 | $1,803,200 | $467,312 | $564,206 | $847,583 | ↑ Top 25% | -6.3% |
| 2023 | $1,725,920 | $503,694 | $616,727 | $918,308 | ↑ Top 25% | +0.9% |
| 2022 | $1,571,360 | $506,269 | $614,560 | $904,074 | ↑ Top 25% | +39.0% |
| 2021 | $1,468,320 | $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 | — |