3501 CEDAR ST TX 78705
| Owner | KCW INTERESTS 2 L L C |
|---|---|
| Parcel ID | 0218040312 |
| Short ID | 212834 |
| Type | Real |
| Use Code | 05 Apartment 5–25 Units |
| Valuation | Income |
| Improvement SF | 3,790 SF |
| Land SF | 8,800 SF |
| Acres | 0.202 |
| Year Built | 1977 |
| Legal | LOT 2 BLK 2 OLT 77 DIV D BUDDINGTON SUBD |
| Neighborhood | 05WC2 |
| Land | $880,000 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $880,000 |
| Improvement | $310,000 |
|---|---|
| Total Improvement | $310,000 |
| Market | $1,190,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,190,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,190,000 |
| Taxable Value | $1,190,000 |
|---|
Appreciation: Market value has risen +31.6% from $904,528 (2021) to $1,190,000 (2025), a CAGR of 7.1% over 4 years. This represents moderate, steady growth. Most of this growth came in a single year (2025→2026), 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 $24,353. 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 74% of market value ($880,000 land vs $310,000 improvements), about $100/SF of land. With value concentrated in the land under a ~49-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 $1,190,000, 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 +9.2% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $2,174,002 by 2031, with an estimated annual tax burden around $40,953. 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.
13 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 2,430 SF | ✓ |
| 551 | PAVED AREA | 1,500 SF | ✗ |
| 2ND | 2nd Floor | 1,360 SF | ✓ |
| SO | Sketch Only | 841 SF | ✗ |
| 011C | PORCH OPEN 1ST COMM | 787 SF | ✗ |
| 012C | PORCH OPEN 2 COMM | 368 SF | ✗ |
| 611 | TERRACE | 225 SF | ✗ |
| 511 | DECK | 105 SF | ✗ |
| 251 | BATHROOM | 2 SF | ✓ |
| 132 | PLBG 5-FIXT AVG | 1 SF | ✓ |
| 269 | OBS RANGE DRP-IN | 1 SF | ✓ |
| 413 | STAIRWAY EXT | 1 SF | ✓ |
| 521 | 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% | $11,009.88 | $11,009.88 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $6,235.80 | $6,235.80 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $4,472.56 | $4,472.56 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,404.47 | $1,404.47 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,230.46 | $1,230.46 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $24,353.17 | $24,353.17 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $11,009.88 | 45.2% |
| CAT City of Austin | 0.5240% | $6,235.80 | 25.6% |
| TCO Travis County | 0.3758% | $4,472.56 | 18.4% |
| THD Travis Central Health | 0.1180% | $1,404.47 | 5.8% |
| ACT Austin Community College | 0.1034% | $1,230.46 | 5.1% |
| Total | 2.0465% | $24,353.17 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,402,300 | $1,190,000 | +17.8% |
| Assessed Value | $1,402,300 | $1,190,000 | +17.8% |
| Land Value | $880,000 | $880,000 | +0.0% |
| Improvement Value | $522,300 | $310,000 | +68.5% |
| Taxable Value | $1,402,300 | $1,190,000 | +17.8% |
| Total Tax 2026 = estimate |
~$28,698
Estimated
|
~$24,353
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $1,402,300 | $880,000 | $522,300 | — | $1,402,300 | $1,402,300 | Not yet — post-cert | Preliminary |
| 2025 | $1,190,000 | $880,000 | $310,000 | — | $1,190,000 | $1,190,000 | ~$24,353 | Partial |
| 2024 | $1,200,000 | $880,000 | $320,000 | — | $1,200,000 | $1,200,000 | $23,782 | Verified |
| 2023 | $1,080,150 | $880,000 | $200,150 | — | $1,080,150 | $1,080,150 | $19,543 | Verified |
| 2022 | $985,400 | $660,000 | $325,400 | — | $985,400 | $985,400 | $19,367 | Verified |
| 2021 | $904,528 | $660,000 | $244,528 | — | $904,528 | $904,528 | $19,689 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +17.8% | +17.8% | ~100% | Not available | Partial |
| 2025 | -0.8% | -0.8% | ~100% | Not available | Partial |
| 2024 | +11.1% | +11.1% | ~100% | No billing data | Verified |
| 2023 | +9.6% | +9.6% | ~100% | No billing data | Verified |
| 2022 | +8.9% | +8.9% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +31.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +17.8% | +9.3% | +9.2% | +17.8% | 2026 | -0.8% | 2025 |
| 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 |
$24,353 | $21,347 | ~$35,722 | $24,353 | 2025 | $19,367 | 2022 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$1,530,822 | ~$1,530,822 | ~2.0139% | ~$30,830 | +9.2% |
| 2028 | ~$1,671,123 | ~$1,671,123 | ~1.9814% | ~$33,111 | +19.2% |
| 2029 | ~$1,824,283 | ~$1,824,283 | ~1.9488% | ~$35,552 | +30.1% |
| 2030 | ~$1,991,481 | ~$1,991,481 | ~1.9163% | ~$38,163 | +42.0% |
| 2031 | ~$2,174,002 | ~$2,174,002 | ~1.8837% | ~$40,953 | +55.0% |
| 2027 | ~$1,502,776 | ~$1,502,776 | ~2.0465% | ~$30,754 | +7.2% |
| 2028 | ~$1,610,451 | ~$1,610,451 | ~2.0465% | ~$32,958 | +14.8% |
| 2029 | ~$1,725,842 | ~$1,725,842 | ~2.0465% | ~$35,319 | +23.1% |
| 2030 | ~$1,849,500 | ~$1,849,500 | ~2.0465% | ~$37,850 | +31.9% |
| 2031 | ~$1,982,018 | ~$1,982,018 | ~2.0465% | ~$40,562 | +41.3% |
| 2027 | ~$1,558,868 | ~$1,542,530 | ~1.9977% | ~$30,815 | +11.2% |
| 2028 | ~$1,732,917 | ~$1,696,783 | ~1.9488% | ~$33,068 | +23.6% |
| 2029 | ~$1,926,399 | ~$1,866,461 | ~1.9000% | ~$35,463 | +37.4% |
| 2030 | ~$2,141,483 | ~$2,053,107 | ~1.8512% | ~$38,007 | +52.7% |
| 2031 | ~$2,380,582 | ~$2,258,418 | ~1.8024% | ~$40,705 | +69.8% |
In 2025, this property's market value of $1,190,000 places it in the top 25% for Multi-Family properties in Travis County (12570 comparable) — +129% 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 | $1,190,000 | $438,150 | $519,086 | $747,031 | ↑ Top 25% | -7.5% |
| 2024 | $1,200,000 | $467,312 | $564,206 | $847,583 | ↑ Top 25% | -6.3% |
| 2023 | $1,080,150 | $503,694 | $616,727 | $918,308 | ↑ Top 25% | +0.9% |
| 2022 | $985,400 | $506,269 | $614,560 | $904,074 | ↑ Top 25% | +39.0% |
| 2021 | $904,528 | $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 | — |