8412 GARCREEK CIR TX 78724
| Owner | 8410-8412 GARCREEK LP |
|---|---|
| Parcel ID | 0217380323 |
| Short ID | 499806 |
| Type | Real |
| Use Code | 04 Fourplex |
| Valuation | Income |
| Improvement SF | 3,968 SF |
| Land SF | 22,501 SF |
| Acres | 0.517 |
| Year Built | 1985 |
| Legal | LOT 23 BLK A COLONY MEADOWS SEC 2 |
| Neighborhood | C0605 |
| Land | $93,751 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $93,751 |
| Improvement | $610,892 |
|---|---|
| Total Improvement | $610,892 |
| Market | $704,643 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $704,643 |
| Value Limitation Adjustment (−) (homestead cap) | −$17,524 |
| Net Appraised (assessed) | $687,119 |
| Taxable Value | $687,119 |
|---|
Appreciation: Market value has risen +37.1% from $513,967 (2021) to $704,643 (2025), a CAGR of 8.2% 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 $14,062. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Assessment Gap: Assessed value ($687,119) is $17,524 below market value, suggesting potential for an upward assessment in future years.
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 13% of market value ($93,751 land vs $610,892 improvements), about $4/SF of land. Most value sits in the improvements, so building condition, age (~41 yrs), and rent roll drive the underwriting.
Submarket Position: At $704,643, 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 -0.8% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $473,625 by 2031, with an estimated annual tax burden around $8,922. 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 |
|---|---|---|---|
| 095 | HVAC RESIDENTIAL | 3,968 SF | ✗ |
| 1ST | 1st Floor | 2,112 SF | ✓ |
| 2ND | 2nd Floor | 1,856 SF | ✓ |
| 011 | PORCH OPEN 1ST F | 176 SF | ✗ |
| 581 | STORAGE ATT | 64 SF | ✓ |
| 252 | BEDROOMS | 8 SF | ✓ |
| 251 | BATHROOM | 8 SF | ✓ |
| 522 | FIREPLACE | 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% | $6,357.22 | $6,357.22 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $3,600.62 | $3,600.62 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,582.50 | $2,582.50 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $810.96 | $810.96 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $710.48 | $710.48 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $14,061.78 | $14,061.78 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $6,357.22 | 45.2% |
| CAT City of Austin | 0.5240% | $3,600.62 | 25.6% |
| TCO Travis County | 0.3758% | $2,582.50 | 18.4% |
| THD Travis Central Health | 0.1180% | $810.96 | 5.8% |
| ACT Austin Community College | 0.1034% | $710.48 | 5.1% |
| Total | 2.0465% | $14,061.78 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $493,384 | $704,643 | -30.0% |
| Assessed Value | $493,384 | $687,119 | -28.2% |
| Land Value | $93,751 | $93,751 | +0.0% |
| Improvement Value | $399,633 | $610,892 | -34.6% |
| Taxable Value | $493,384 | $687,119 | -28.2% |
| Total Tax 2026 = estimate |
~$10,097
Estimated
|
~$14,062
Partial
|
ⓘ |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $493,384 | $93,751 | $399,633 | — | $493,384 | $493,384 | Not yet — post-cert | Preliminary |
| 2025 | $704,643 | $93,751 | $610,892 | −$17,524 | $687,119 | $687,119 | ~$14,062 | Partial |
| 2024 | $572,599 | $75,000 | $497,599 | — | $572,599 | $572,599 | $11,348 | Verified |
| 2023 | $625,648 | $75,000 | $550,648 | — | $625,648 | $625,648 | $11,320 | Verified |
| 2022 | $566,939 | $75,000 | $491,939 | — | $566,939 | $566,939 | $11,197 | Verified |
| 2021 | $513,967 | $25,000 | $488,967 | — | $513,967 | $513,967 | $11,187 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -30.0% | -28.2% | ~100% | Not available | Partial |
| 2025 | +23.1% | +20.0% | 97.5% | Not available | Partial |
| 2024 | -8.5% | -8.5% | ~100% | No billing data | Verified |
| 2023 | +10.4% | +10.4% | ~100% | No billing data | Verified |
| 2022 | +10.3% | +10.3% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +37.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -30.0% | +1.1% | -0.8% | +23.1% | 2025 | -30.0% | 2026 |
| Assessment Ratio | 100.0% | 99.6% | — | 100.0% | 2021 | 97.5% | 2025 |
| Effective Tax Rate (2025) | 2.0000% | 2.0000% | — | 2.0000% | 2025 | 2.0000% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$14,062 | $11,823 | ~$9,386 | $14,062 | 2025 | $11,187 | 2021 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$489,367 | ~$489,367 | ~2.0139% | ~$9,856 | -0.8% |
| 2028 | ~$485,383 | ~$485,383 | ~1.9814% | ~$9,617 | -1.6% |
| 2029 | ~$481,432 | ~$481,432 | ~1.9488% | ~$9,382 | -2.4% |
| 2030 | ~$477,513 | ~$477,513 | ~1.9163% | ~$9,151 | -3.2% |
| 2031 | ~$473,625 | ~$473,625 | ~1.8837% | ~$8,922 | -4.0% |
| 2027 | ~$479,500 | ~$479,500 | ~2.0465% | ~$9,813 | -2.8% |
| 2028 | ~$466,006 | ~$466,006 | ~2.0465% | ~$9,537 | -5.5% |
| 2029 | ~$452,892 | ~$452,892 | ~2.0465% | ~$9,268 | -8.2% |
| 2030 | ~$440,147 | ~$440,147 | ~2.0465% | ~$9,008 | -10.8% |
| 2031 | ~$427,761 | ~$427,761 | ~2.0465% | ~$8,754 | -13.3% |
| 2027 | ~$499,235 | ~$499,235 | ~1.9977% | ~$9,973 | +1.2% |
| 2028 | ~$505,156 | ~$505,156 | ~1.9488% | ~$9,845 | +2.4% |
| 2029 | ~$511,146 | ~$511,146 | ~1.9000% | ~$9,712 | +3.6% |
| 2030 | ~$517,208 | ~$517,208 | ~1.8512% | ~$9,575 | +4.8% |
| 2031 | ~$523,342 | ~$523,342 | ~1.8024% | ~$9,433 | +6.1% |
In 2025, this property's market value of $704,643 places it in the 50th–75th percentile for Multi-Family properties in Travis County (12570 comparable) — +36% 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 | $704,643 | $438,150 | $519,086 | $747,031 | ↑ Above median | -7.5% |
| 2024 | $572,599 | $467,312 | $564,206 | $847,583 | ↑ Above median | -6.3% |
| 2023 | $625,648 | $503,694 | $616,727 | $918,308 | ↑ Above median | +0.9% |
| 2022 | $566,939 | $506,269 | $614,560 | $904,074 | ↓ Below median | +39.0% |
| 2021 | $513,967 | $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 | — |