1012 REINLI ST TX 78723
| Owner | WPOI AUSTIN MULTIFAMILY LLC |
|---|---|
| Parcel ID | 0224140502 |
| Short ID | 223367 |
| Type | Real |
| Use Code | 06 Apartment 26–49 Units |
| Valuation | Income |
| Improvement SF | 27,700 SF |
| Land SF | 51,945 SF |
| Acres | 1.192 |
| Year Built | 1965 |
| Legal | LOT 27B DAVIS KENNETH E SUBD |
| Neighborhood | 06NE |
| Land | $1,038,900 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,038,900 |
| Improvement | $4,981,100 |
|---|---|
| Total Improvement | $4,981,100 |
| Market | $6,020,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $6,020,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $6,020,000 |
| Taxable Value | $6,020,000 |
|---|
Appreciation: Market value has risen +44.9% from $4,155,000 (2021) to $6,020,000 (2025), a CAGR of 9.7% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2023→2024), 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 $123,198. 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 17% of market value ($1,038,900 land vs $4,981,100 improvements), about $20/SF of land. Most value sits in the improvements, so building condition, age (~61 yrs), and rent roll drive the underwriting.
Submarket Position: At $6,020,000, 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 +14.1% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $15,530,467 by 2031, with an estimated annual tax burden around $243,704. 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.
10 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 16,700 SF | ✗ |
| 1ST | 1st Floor | 13,850 SF | ✓ |
| 2ND | 2nd Floor | 13,850 SF | ✓ |
| SO | Sketch Only | 5,720 SF | ✗ |
| 012C | PORCH OPEN 2 COMM | 3,323 SF | ✗ |
| 011C | PORCH OPEN 1ST COMM | 1,932 SF | ✗ |
| 581C | STORAGE ATT COMM | 1,145 SF | ✓ |
| 601 | POOL COMM'L | 800 SF | ✗ |
| 591 | MASONRY TRIM SF | 475 SF | ✗ |
| 132 | PLBG 5-FIXT AVG | 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% | $55,697.04 | $55,697.04 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $31,545.82 | $31,545.82 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $22,625.87 | $22,625.87 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $7,104.98 | $7,104.98 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $6,224.68 | $6,224.68 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $123,198.39 | $123,198.39 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $55,697.04 | 45.2% |
| CAT City of Austin | 0.5240% | $31,545.82 | 25.6% |
| TCO Travis County | 0.3758% | $22,625.87 | 18.4% |
| THD Travis Central Health | 0.1180% | $7,104.98 | 5.8% |
| ACT Austin Community College | 0.1034% | $6,224.68 | 5.1% |
| Total | 2.0465% | $123,198.39 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $8,033,000 | $6,020,000 | +33.4% |
| Assessed Value | $8,033,000 | $6,020,000 | +33.4% |
| Land Value | $1,038,900 | $1,038,900 | +0.0% |
| Improvement Value | $6,994,100 | $4,981,100 | +40.4% |
| Taxable Value | $8,033,000 | $6,020,000 | +33.4% |
| Total Tax 2026 = estimate |
~$164,394
Estimated
|
~$123,198
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $8,033,000 | $1,038,900 | $6,994,100 | — | $8,033,000 | $8,033,000 | Not yet — post-cert | Preliminary |
| 2025 | $6,020,000 | $1,038,900 | $4,981,100 | — | $6,020,000 | $6,020,000 | ~$123,198 | Partial |
| 2024 | $7,202,000 | $1,038,900 | $6,163,100 | — | $7,202,000 | $7,202,000 | $142,730 | Verified |
| 2023 | $4,432,000 | $1,038,900 | $3,393,100 | — | $4,432,000 | $4,432,000 | $80,186 | Verified |
| 2022 | $4,155,000 | $1,038,900 | $3,116,100 | — | $4,155,000 | $4,155,000 | $82,058 | Verified |
| 2021 | $4,155,000 | $1,038,900 | $3,116,100 | — | $4,155,000 | $4,155,000 | $81,397 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +33.4% | +33.4% | ~100% | Not available | Partial |
| 2025 | -16.4% | -16.4% | ~100% | Not available | Partial |
| 2024 | +62.5% | +62.5% | ~100% | No billing data | Verified |
| 2023 | +6.7% | +6.7% | ~100% | No billing data | Verified |
| 2022 | +0.0% | +0.0% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +44.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +33.4% | +17.2% | +14.1% | +62.5% | 2024 | -16.4% | 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 |
$123,198 | $101,914 | ~$209,599 | $142,730 | 2024 | $80,186 | 2023 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$9,165,140 | ~$8,836,300 | ~2.0139% | ~$177,957 | +14.1% |
| 2028 | ~$10,456,840 | ~$9,719,930 | ~1.9814% | ~$192,590 | +30.2% |
| 2029 | ~$11,930,587 | ~$10,691,923 | ~1.9488% | ~$208,368 | +48.5% |
| 2030 | ~$13,612,038 | ~$11,761,115 | ~1.9163% | ~$225,377 | +69.5% |
| 2031 | ~$15,530,467 | ~$12,937,227 | ~1.8837% | ~$243,704 | +93.3% |
| 2027 | ~$9,004,480 | ~$8,836,300 | ~2.0465% | ~$180,834 | +12.1% |
| 2028 | ~$10,093,448 | ~$9,719,930 | ~2.0465% | ~$198,917 | +25.6% |
| 2029 | ~$11,314,110 | ~$10,691,923 | ~2.0465% | ~$218,809 | +40.8% |
| 2030 | ~$12,682,396 | ~$11,761,115 | ~2.0465% | ~$240,689 | +57.9% |
| 2031 | ~$14,216,156 | ~$12,937,227 | ~2.0465% | ~$264,758 | +77.0% |
| 2027 | ~$9,325,800 | ~$8,836,300 | ~1.9977% | ~$176,519 | +16.1% |
| 2028 | ~$10,826,659 | ~$9,719,930 | ~1.9488% | ~$189,426 | +34.8% |
| 2029 | ~$12,569,060 | ~$10,691,923 | ~1.9000% | ~$203,148 | +56.5% |
| 2030 | ~$14,591,876 | ~$11,761,115 | ~1.8512% | ~$217,721 | +81.6% |
| 2031 | ~$16,940,237 | ~$12,937,227 | ~1.8024% | ~$233,177 | +110.9% |
In 2025, this property's market value of $6,020,000 places it in the top 25% for Multi-Family properties in Travis County (12570 comparable) — 12× 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 | $6,020,000 | $438,150 | $519,086 | $747,031 | ↑ Top 25% | -7.5% |
| 2024 | $7,202,000 | $467,312 | $564,206 | $847,583 | ↑ Top 25% | -6.3% |
| 2023 | $4,432,000 | $503,694 | $616,727 | $918,308 | ↑ Top 25% | +0.9% |
| 2022 | $4,155,000 | $506,269 | $614,560 | $904,074 | ↑ Top 25% | +39.0% |
| 2021 | $4,155,000 | $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 | — |