701 E 38 ST TX
| Owner | WOOLLETT DAVID WILLIAM PAUL & |
|---|---|
| Parcel ID | 0216070415 |
| Short ID | 210574 |
| Type | Real |
| Use Code | 02 Duplex |
| Valuation | Cost |
| Improvement SF | 1,585 SF |
| Land SF | 7,050 SF |
| Acres | 0.162 |
| Year Built | 1930 |
| Legal | LOT 13 BLK 7 OLT 7&8 DIV C HARPER W A SUBD |
| Neighborhood | Z64005 |
| Land | $543,384 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $543,384 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $540,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $540,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $540,000 |
| Taxable Value | $540,000 |
|---|
Appreciation: Market value has risen +14.8% from $470,400 (2021) to $540,000 (2025), a CAGR of 3.5% over 4 years. Growth has been relatively flat for this asset class. 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 lagged 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 $11,051. 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 cost approach, tied more to replacement cost and physical condition than to income performance.
Value Composition: Land carries 101% of market value ($543,384 land vs $0 improvements), about $77/SF of land. With value concentrated in the land under a ~96-year-old structure, this reads as a land-dominated asset — the classic higher-and-best-use / redevelopment signal. Underwrite the dirt, not the building.
Submarket Position: At $540,000, this parcel sits in the upper-middle (50th–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 +5.6% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $808,724 by 2031, with an estimated annual tax burden around $15,234. 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.
6 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 1,585 SF | ✓ |
| 095 | HVAC RESIDENTIAL | 865 SF | ✗ |
| 061 | CARPORT ATT 1ST | 400 SF | ✗ |
| 571 | STORAGE DET | 140 SF | ✓ |
| 011 | PORCH OPEN 1ST F | 131 SF | ✗ |
| 251 | BATHROOM | 2 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% | $4,996.08 | $4,996.08 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $2,829.69 | $2,829.69 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,029.56 | $2,029.56 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $637.32 | $637.32 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $558.36 | $558.36 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $11,051.01 | $11,051.01 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $4,996.08 | 45.2% |
| CAT City of Austin | 0.5240% | $2,829.69 | 25.6% |
| TCO Travis County | 0.3758% | $2,029.56 | 18.4% |
| THD Travis Central Health | 0.1180% | $637.32 | 5.8% |
| ACT Austin Community College | 0.1034% | $558.36 | 5.1% |
| Total | 2.0465% | $11,051.01 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $616,785 | $540,000 | +14.2% |
| Assessed Value | $616,785 | $540,000 | +14.2% |
| Land Value | $367,809 | $543,384 | -32.3% |
| Improvement Value | $248,976 | — | — |
| Taxable Value | $616,785 | $540,000 | +14.2% |
| Total Tax 2026 = estimate |
~$12,622
Estimated
|
~$11,051
Partial
|
ⓘ |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $616,785 | $367,809 | $248,976 | — | $616,785 | $616,785 | Not yet — post-cert | Preliminary |
| 2025 | $540,000 | $543,384 | — | — | $540,000 | $540,000 | ~$11,051 | Partial |
| 2024 | $559,378 | $750,000 | — | — | $559,378 | $559,378 | $11,086 | Verified |
| 2023 | $559,378 | $350,000 | $209,378 | — | $559,378 | $559,378 | $10,121 | Verified |
| 2022 | $598,266 | $350,000 | $248,266 | — | $598,266 | $598,266 | $11,815 | Verified |
| 2021 | $470,400 | $325,000 | $145,400 | — | $470,400 | $470,400 | $10,239 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +14.2% | +14.2% | ~100% | Not available | Partial |
| 2025 | -3.5% | -3.5% | ~100% | Not available | Partial |
| 2024 | +0.0% | +0.0% | ~100% | No billing data | Verified |
| 2023 | -6.5% | -6.5% | ~100% | No billing data | Verified |
| 2022 | +27.2% | +27.2% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +14.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +14.2% | +6.3% | +5.6% | +27.2% | 2022 | -6.5% | 2023 |
| 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 |
$11,051 | $10,862 | ~$14,158 | $11,815 | 2022 | $10,121 | 2023 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$651,129 | ~$651,129 | ~2.0139% | ~$13,113 | +5.6% |
| 2028 | ~$687,386 | ~$687,386 | ~1.9814% | ~$13,620 | +11.4% |
| 2029 | ~$725,661 | ~$725,661 | ~1.9488% | ~$14,142 | +17.7% |
| 2030 | ~$766,067 | ~$766,067 | ~1.9163% | ~$14,680 | +24.2% |
| 2031 | ~$808,724 | ~$808,724 | ~1.8837% | ~$15,234 | +31.1% |
| 2027 | ~$638,793 | ~$638,793 | ~2.0465% | ~$13,073 | +3.6% |
| 2028 | ~$661,587 | ~$661,587 | ~2.0465% | ~$13,539 | +7.3% |
| 2029 | ~$685,194 | ~$685,194 | ~2.0465% | ~$14,022 | +11.1% |
| 2030 | ~$709,644 | ~$709,644 | ~2.0465% | ~$14,523 | +15.1% |
| 2031 | ~$734,965 | ~$734,965 | ~2.0465% | ~$15,041 | +19.2% |
| 2027 | ~$663,465 | ~$663,465 | ~1.9977% | ~$13,254 | +7.6% |
| 2028 | ~$713,677 | ~$713,677 | ~1.9488% | ~$13,908 | +15.7% |
| 2029 | ~$767,690 | ~$767,690 | ~1.9000% | ~$14,586 | +24.5% |
| 2030 | ~$825,791 | ~$825,791 | ~1.8512% | ~$15,287 | +33.9% |
| 2031 | ~$888,289 | ~$888,289 | ~1.8024% | ~$16,010 | +44.0% |
In 2025, this property's market value of $540,000 places it in the 50th–75th percentile for Multi-Family properties in Travis County (12570 comparable) — +4% 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 | $540,000 | $438,150 | $519,086 | $747,031 | ↑ Above median | -7.5% |
| 2024 | $559,378 | $467,312 | $564,206 | $847,583 | ↓ Below median | -6.3% |
| 2023 | $559,378 | $503,694 | $616,727 | $918,308 | ↓ Below median | +0.9% |
| 2022 | $598,266 | $506,269 | $614,560 | $904,074 | ↓ Below median | +39.0% |
| 2021 | $470,400 | $353,349 | $436,046 | $657,886 | ↑ Above median | 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 | — |