2907 WEST AVE TX 78705
| Owner | GREYSTONE SUMMIT ASSOCIATES LT |
|---|---|
| Parcel ID | 0217021419 |
| Short ID | 211418 |
| Type | Real |
| Use Code | 07 Apartment 50–100 Units |
| Valuation | Income |
| Improvement SF | 34,900 SF |
| Land SF | 44,160 SF |
| Acres | 1.014 |
| Year Built | 1971 |
| Legal | LOT 11-17 BLK 4 OLT 72 DIV D BROWN LEANDER ADDN |
| Neighborhood | 08WC1 |
| Land | $3,532,800 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $3,532,800 |
| Improvement | $3,361,544 |
|---|---|
| Total Improvement | $3,361,544 |
| Market | $6,894,344 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $6,894,344 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $6,894,344 |
| Taxable Value | $6,894,344 |
|---|
Appreciation: Market value has risen +29.6% from $5,320,000 (2021) to $6,894,344 (2025), a CAGR of 6.7% over 4 years. This represents moderate, steady growth. 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 $141,092. 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 51% of market value ($3,532,800 land vs $3,361,544 improvements), about $80/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $6,894,344, 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 +4.7% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $8,452,512 by 2031, with an estimated annual tax burden around $159,224. 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.
20 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| SO | Sketch Only | 58,228 SF | ✗ |
| 2ND | 2nd Floor | 21,701 SF | ✓ |
| 551 | PAVED AREA | 15,950 SF | ✗ |
| 1ST | 1st Floor | 13,199 SF | ✓ |
| 011C | PORCH OPEN 1ST COMM | 3,004 SF | ✗ |
| 591 | MASONRY TRIM SF | 2,800 SF | ✗ |
| 012C | PORCH OPEN 2 COMM | 2,259 SF | ✗ |
| 511 | DECK | 456 SF | ✗ |
| 581C | STORAGE ATT COMM | 384 SF | ✓ |
| 601 | POOL COMM'L | 368 SF | ✗ |
| 571C | STORAGE DET COMM | 333 SF | ✓ |
| MISC | Miscellaneous | 5 SF | ✓ |
| 132 | PLBG 5-FIXT AVG | 1 SF | ✓ |
| 142 | BATHTUB AVG | 1 SF | ✓ |
| 152 | COMMODE AVG | 1 SF | ✓ |
| 162 | LAVATORY AVG | 1 SF | ✓ |
| 269 | OBS RANGE DRP-IN | 1 SF | ✓ |
| 287 | PARKING UNDER FV | 1 SF | ✓ |
| 299 | ALL FLAT VALUE | 1 SF | ✓ |
| 303 | STAIRWAYS FV | 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% | $60,600.60 | $60,600.60 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $34,323.11 | $34,323.11 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $24,617.85 | $24,617.85 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $7,730.51 | $7,730.51 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $6,772.70 | $6,772.70 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $134,044.77 | $134,044.77 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $60,600.60 | 45.2% |
| CAT City of Austin | 0.5240% | $34,323.11 | 25.6% |
| TCO Travis County | 0.3758% | $24,617.85 | 18.4% |
| THD Travis Central Health | 0.1180% | $7,730.51 | 5.8% |
| ACT Austin Community College | 0.1034% | $6,772.70 | 5.1% |
| Total | 2.0465% | $134,044.77 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $6,705,771 | $6,894,344 | -2.7% |
| Assessed Value | $6,705,771 | $6,894,344 | -2.7% |
| Land Value | $4,416,000 | $3,532,800 | +25.0% |
| Improvement Value | $2,289,771 | $3,361,544 | -31.9% |
| Taxable Value | $6,705,771 | $6,894,344 | -2.7% |
| Total Tax 2026 = estimate |
~$137,233
Estimated
|
~$134,045
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $6,705,771 | $4,416,000 | $2,289,771 | — | $6,705,771 | $6,705,771 | Not yet — post-cert | Preliminary |
| 2025 | $6,894,344 | $3,532,800 | $3,361,544 | — | $6,894,344 | $6,894,344 | ~$134,045 | Partial |
| 2024 | $6,713,332 | $3,532,800 | $3,180,532 | — | $6,713,332 | $6,713,332 | $133,046 | Verified |
| 2023 | $6,408,720 | $3,532,800 | $2,875,920 | — | $6,408,720 | $6,408,720 | $110,668 | Verified |
| 2022 | $6,130,000 | $2,826,240 | $3,303,760 | — | $6,130,000 | $6,130,000 | $112,995 | Verified |
| 2021 | $5,320,000 | $2,826,240 | $2,493,760 | — | $5,320,000 | $5,320,000 | $115,799 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -2.7% | -2.7% | ~100% | Not available | Partial |
| 2025 | +2.7% | +2.7% | ~100% | Not available | Partial |
| 2024 | +4.8% | +4.8% | ~100% | No billing data | Verified |
| 2023 | +4.5% | +4.5% | ~100% | No billing data | Verified |
| 2022 | +15.2% | +15.2% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +29.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -2.7% | +4.9% | +4.7% | +15.2% | 2022 | -2.7% | 2026 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2021 | 100.0% | 2021 |
| Effective Tax Rate (2025) | 1.9400% | 1.9400% | — | 1.9400% | 2025 | 1.9400% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$134,045 | $121,311 | ~$150,247 | $134,045 | 2025 | $110,668 | 2023 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$7,023,541 | ~$7,023,541 | ~2.0139% | ~$141,450 | +4.7% |
| 2028 | ~$7,356,370 | ~$7,356,370 | ~1.9814% | ~$145,758 | +9.7% |
| 2029 | ~$7,704,970 | ~$7,704,970 | ~1.9488% | ~$150,157 | +14.9% |
| 2030 | ~$8,070,090 | ~$8,070,090 | ~1.9163% | ~$154,646 | +20.3% |
| 2031 | ~$8,452,512 | ~$8,452,512 | ~1.8837% | ~$159,224 | +26.0% |
| 2027 | ~$6,889,426 | ~$6,889,426 | ~2.0465% | ~$140,991 | +2.7% |
| 2028 | ~$7,078,110 | ~$7,078,110 | ~2.0465% | ~$144,852 | +5.6% |
| 2029 | ~$7,271,963 | ~$7,271,963 | ~2.0465% | ~$148,820 | +8.4% |
| 2030 | ~$7,471,124 | ~$7,471,124 | ~2.0465% | ~$152,895 | +11.4% |
| 2031 | ~$7,675,740 | ~$7,675,740 | ~2.0465% | ~$157,083 | +14.5% |
| 2027 | ~$7,157,657 | ~$7,157,657 | ~1.9977% | ~$142,986 | +6.7% |
| 2028 | ~$7,639,994 | ~$7,639,994 | ~1.9488% | ~$148,891 | +13.9% |
| 2029 | ~$8,154,834 | ~$8,154,834 | ~1.9000% | ~$154,943 | +21.6% |
| 2030 | ~$8,704,369 | ~$8,704,369 | ~1.8512% | ~$161,135 | +29.8% |
| 2031 | ~$9,290,935 | ~$9,290,935 | ~1.8024% | ~$167,457 | +38.6% |
In 2025, this property's market value of $6,894,344 places it in the top 25% for Multi-Family properties in Travis County (12570 comparable) — 13× 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 | $6,894,344 | $438,150 | $519,086 | $747,031 | ↑ Top 25% | -7.5% |
| 2024 | $6,713,332 | $467,312 | $564,206 | $847,583 | ↑ Top 25% | -6.3% |
| 2023 | $6,408,720 | $503,694 | $616,727 | $918,308 | ↑ Top 25% | +0.9% |
| 2022 | $6,130,000 | $506,269 | $614,560 | $904,074 | ↑ Top 25% | +39.0% |
| 2021 | $5,320,000 | $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 | — |