507 W NORTH LOOP BLVD A TX 78756
| Owner | AUSTIN NORTH LOOP LLC |
|---|---|
| Parcel ID | 0224070902 |
| Short ID | 223312 |
| Type | Real |
| Use Code | 02 Duplex |
| Valuation | Cost |
| Improvement SF | 3,240 SF |
| Land SF | 8,172 SF |
| Acres | 0.188 |
| Year Built | 2012 |
| Legal | LOT 2 * & E10FT OF LOT 1 KOENIG PLACE |
| Neighborhood | Y1005 |
| Land | $443,440 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $443,440 |
| Improvement | $659,262 |
|---|---|
| Total Improvement | $659,262 |
| Market | $1,102,702 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,102,702 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,102,702 |
| Taxable Value | $1,102,702 |
|---|
Appreciation: Market value has risen +24.1% from $888,800 (2021) to $1,102,702 (2025), a CAGR of 5.5% over 4 years. This represents moderate, steady growth. Most of this growth came in a single year (2022→2023), 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 $22,567. 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 40% of market value ($443,440 land vs $659,262 improvements), about $54/SF of land. Most value sits in the improvements, so building condition, age (~14 yrs), and rent roll drive the underwriting.
Submarket Position: At $1,102,702, 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 +4.4% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $1,372,652 by 2031, with an estimated annual tax burden around $25,857. 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.
9 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 095 | HVAC RESIDENTIAL | 3,240 SF | ✗ |
| 1ST | 1st Floor | 1,710 SF | ✓ |
| 2ND | 2nd Floor | 1,531 SF | ✓ |
| 051 | CARPORT DET 1ST | 342 SF | ✗ |
| 581 | STORAGE ATT | 274 SF | ✓ |
| 011 | PORCH OPEN 1ST F | 76 SF | ✗ |
| 612 | TERRACE UNCOVERD | 9 SF | ✗ |
| 252 | BEDROOMS | 6 SF | ✓ |
| 251 | BATHROOM | 5 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% | $10,202.20 | $10,202.20 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $5,778.35 | $5,778.35 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $4,144.45 | $4,144.45 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,301.44 | $1,301.44 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,140.19 | $1,140.19 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $22,566.63 | $22,566.63 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $10,202.20 | 45.2% |
| CAT City of Austin | 0.5240% | $5,778.35 | 25.6% |
| TCO Travis County | 0.3758% | $4,144.45 | 18.4% |
| THD Travis Central Health | 0.1180% | $1,301.44 | 5.8% |
| ACT Austin Community College | 0.1034% | $1,140.19 | 5.1% |
| Total | 2.0465% | $22,566.63 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,104,542 | $1,102,702 | +0.2% |
| Assessed Value | $1,104,542 | $1,102,702 | +0.2% |
| Land Value | $388,010 | $443,440 | -12.5% |
| Improvement Value | $716,532 | $659,262 | +8.7% |
| Taxable Value | $1,104,542 | $1,102,702 | +0.2% |
| Total Tax 2026 = estimate |
~$22,604
Estimated
|
~$22,567
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $1,104,542 | $388,010 | $716,532 | — | $1,104,542 | $1,104,542 | Not yet — post-cert | Preliminary |
| 2025 | $1,102,702 | $443,440 | $659,262 | — | $1,102,702 | $1,102,702 | ~$22,567 | Partial |
| 2024 | $1,265,738 | $445,500 | $820,238 | — | $1,265,738 | $1,265,738 | $25,085 | Verified |
| 2023 | $1,565,304 | $445,500 | $1,119,804 | — | $1,565,304 | $1,565,304 | $27,644 | Verified |
| 2022 | $1,029,371 | $445,500 | $583,871 | — | $1,029,371 | $1,029,371 | $20,329 | Verified |
| 2021 | $888,800 | $272,250 | $616,550 | — | $888,800 | $888,800 | $19,346 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.2% | +0.2% | ~100% | Not available | Partial |
| 2025 | -12.9% | -12.9% | ~100% | Not available | Partial |
| 2024 | -19.1% | -19.1% | ~100% | No billing data | Verified |
| 2023 | +52.1% | +52.1% | ~100% | No billing data | Verified |
| 2022 | +15.8% | +15.8% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +24.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.2% | +7.2% | +4.4% | +52.1% | 2023 | -19.1% | 2024 |
| 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 |
$22,567 | $22,994 | ~$24,534 | $27,644 | 2023 | $19,346 | 2021 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$1,153,607 | ~$1,153,607 | ~2.0139% | ~$23,233 | +4.4% |
| 2028 | ~$1,204,851 | ~$1,204,851 | ~1.9814% | ~$23,873 | +9.1% |
| 2029 | ~$1,258,372 | ~$1,258,372 | ~1.9488% | ~$24,524 | +13.9% |
| 2030 | ~$1,314,271 | ~$1,314,271 | ~1.9163% | ~$25,185 | +19.0% |
| 2031 | ~$1,372,652 | ~$1,372,652 | ~1.8837% | ~$25,857 | +24.3% |
| 2027 | ~$1,131,516 | ~$1,131,516 | ~2.0465% | ~$23,156 | +2.4% |
| 2028 | ~$1,159,149 | ~$1,159,149 | ~2.0465% | ~$23,722 | +4.9% |
| 2029 | ~$1,187,457 | ~$1,187,457 | ~2.0465% | ~$24,301 | +7.5% |
| 2030 | ~$1,216,456 | ~$1,216,456 | ~2.0465% | ~$24,895 | +10.1% |
| 2031 | ~$1,246,163 | ~$1,246,163 | ~2.0465% | ~$25,503 | +12.8% |
| 2027 | ~$1,175,698 | ~$1,175,698 | ~1.9977% | ~$23,486 | +6.4% |
| 2028 | ~$1,251,438 | ~$1,251,438 | ~1.9488% | ~$24,389 | +13.3% |
| 2029 | ~$1,332,057 | ~$1,332,057 | ~1.9000% | ~$25,309 | +20.6% |
| 2030 | ~$1,417,869 | ~$1,417,869 | ~1.8512% | ~$26,248 | +28.4% |
| 2031 | ~$1,509,210 | ~$1,509,210 | ~1.8024% | ~$27,202 | +36.6% |
In 2025, this property's market value of $1,102,702 places it in the top 25% for Multi-Family properties in Travis County (12570 comparable) — +112% 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 | $1,102,702 | $438,150 | $519,086 | $747,031 | ↑ Top 25% | -7.5% |
| 2024 | $1,265,738 | $467,312 | $564,206 | $847,583 | ↑ Top 25% | -6.3% |
| 2023 | $1,565,304 | $503,694 | $616,727 | $918,308 | ↑ Top 25% | +0.9% |
| 2022 | $1,029,371 | $506,269 | $614,560 | $904,074 | ↑ Top 25% | +39.0% |
| 2021 | $888,800 | $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 | — |