201 W 31 ST TX 78705
| Owner | TD2 CEDAR 31 PROPCO LLC |
|---|---|
| Parcel ID | 0216041101 |
| Short ID | 210361 |
| Type | Real |
| Use Code | 05 Apartment 5–25 Units |
| Valuation | Income |
| Improvement SF | 5,015 SF |
| Land SF | 6,380 SF |
| Acres | 0.146 |
| Year Built | 1935 |
| Legal | LOT 8 BLK 7 OLT 73 DIV D PLUS 1/2 ADJ VAC ALLEY FRUTH ADDN |
| Neighborhood | 05WC1 |
| Land | $638,000 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $638,000 |
| Improvement | $872,000 |
|---|---|
| Total Improvement | $872,000 |
| Market | $1,510,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,510,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,510,000 |
| Taxable Value | $1,510,000 |
|---|
Appreciation: Market value has risen +71.7% from $879,360 (2021) to $1,510,000 (2025), a CAGR of 14.5% 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 $30,902. 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 42% of market value ($638,000 land vs $872,000 improvements), about $100/SF of land. Most value sits in the improvements, so building condition, age (~91 yrs), and rent roll drive the underwriting.
Submarket Position: At $1,510,000, 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 +15.8% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $3,810,315 by 2031, with an estimated annual tax burden around $54,972. 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.
8 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 2,508 SF | ✓ |
| 2ND | 2nd Floor | 2,508 SF | ✓ |
| 611 | TERRACE | 440 SF | ✗ |
| 061C | CARPORT ATT 1ST COMM | 193 SF | ✗ |
| 011C | PORCH OPEN 1ST COMM | 54 SF | ✗ |
| 581C | STORAGE ATT COMM | 27 SF | ✓ |
| SO | Sketch Only | 15 SF | ✗ |
| 132 | PLBG 5-FIXT AVG | 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% | $13,970.52 | $13,970.52 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $7,912.66 | $7,912.66 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $5,675.26 | $5,675.26 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,782.15 | $1,782.15 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,561.34 | $1,561.34 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $30,901.93 | $30,901.93 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $13,970.52 | 45.2% |
| CAT City of Austin | 0.5240% | $7,912.66 | 25.6% |
| TCO Travis County | 0.3758% | $5,675.26 | 18.4% |
| THD Travis Central Health | 0.1180% | $1,782.15 | 5.8% |
| ACT Austin Community College | 0.1034% | $1,561.34 | 5.1% |
| Total | 2.0465% | $30,901.93 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,830,475 | $1,510,000 | +21.2% |
| Assessed Value | $1,812,000 | $1,510,000 | +20.0% |
| Land Value | $638,000 | $638,000 | +0.0% |
| Improvement Value | $1,192,475 | $872,000 | +36.8% |
| Taxable Value | $1,812,000 | $1,510,000 | +20.0% |
| HS Cap Loss | -$18,475 | — | |
| Total Tax 2026 = estimate |
~$37,082
Estimated
|
~$30,902
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $1,830,475 | $638,000 | $1,192,475 | −$18,475 | $1,812,000 | $1,812,000 | Not yet — post-cert | Preliminary |
| 2025 | $1,510,000 | $638,000 | $872,000 | — | $1,510,000 | $1,510,000 | ~$30,902 | Partial |
| 2024 | $1,532,082 | $638,000 | $894,082 | — | $1,532,082 | $1,532,082 | $28,819 | Verified |
| 2023 | $1,464,099 | $638,000 | $826,099 | — | $1,464,099 | $1,464,099 | $26,489 | Verified |
| 2022 | $1,445,743 | $478,500 | $967,243 | — | $1,445,743 | $1,445,743 | $28,552 | Verified |
| 2021 | $879,360 | $478,500 | $400,860 | — | $879,360 | $879,360 | $19,141 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +21.2% | +20.0% | 99.0% | Not available | Partial |
| 2025 | -1.4% | -1.4% | ~100% | Not available | Partial |
| 2024 | +4.6% | +4.6% | ~100% | No billing data | Verified |
| 2023 | +1.3% | +1.3% | ~100% | No billing data | Verified |
| 2022 | +64.4% | +64.4% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +71.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +21.2% | +18.0% | +15.8% | +64.4% | 2022 | -1.4% | 2025 |
| Assessment Ratio | 99.0% | 99.8% | — | 100.0% | 2021 | 99.0% | 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 |
$30,902 | $26,781 | ~$47,279 | $30,902 | 2025 | $19,141 | 2021 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$2,119,548 | ~$1,993,200 | ~2.0139% | ~$40,142 | +15.8% |
| 2028 | ~$2,454,272 | ~$2,192,520 | ~1.9814% | ~$43,442 | +34.1% |
| 2029 | ~$2,841,856 | ~$2,411,772 | ~1.9488% | ~$47,002 | +55.3% |
| 2030 | ~$3,290,648 | ~$2,652,949 | ~1.9163% | ~$50,838 | +79.8% |
| 2031 | ~$3,810,315 | ~$2,918,244 | ~1.8837% | ~$54,972 | +108.2% |
| 2027 | ~$2,082,938 | ~$1,993,200 | ~2.0465% | ~$40,791 | +13.8% |
| 2028 | ~$2,370,222 | ~$2,192,520 | ~2.0465% | ~$44,870 | +29.5% |
| 2029 | ~$2,697,128 | ~$2,411,772 | ~2.0465% | ~$49,357 | +47.3% |
| 2030 | ~$3,069,123 | ~$2,652,949 | ~2.0465% | ~$54,292 | +67.7% |
| 2031 | ~$3,492,423 | ~$2,918,244 | ~2.0465% | ~$59,721 | +90.8% |
| 2027 | ~$2,156,157 | ~$1,993,200 | ~1.9977% | ~$39,817 | +17.8% |
| 2028 | ~$2,539,786 | ~$2,192,520 | ~1.9488% | ~$42,729 | +38.8% |
| 2029 | ~$2,991,670 | ~$2,411,772 | ~1.9000% | ~$45,824 | +63.4% |
| 2030 | ~$3,523,955 | ~$2,652,949 | ~1.8512% | ~$49,111 | +92.5% |
| 2031 | ~$4,150,945 | ~$2,918,244 | ~1.8024% | ~$52,598 | +126.8% |
In 2025, this property's market value of $1,510,000 places it in the top 25% for Multi-Family properties in Travis County (12570 comparable) — +191% 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 | $1,510,000 | $438,150 | $519,086 | $747,031 | ↑ Top 25% | -7.5% |
| 2024 | $1,532,082 | $467,312 | $564,206 | $847,583 | ↑ Top 25% | -6.3% |
| 2023 | $1,464,099 | $503,694 | $616,727 | $918,308 | ↑ Top 25% | +0.9% |
| 2022 | $1,445,743 | $506,269 | $614,560 | $904,074 | ↑ Top 25% | +39.0% |
| 2021 | $879,360 | $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 | — |