1008 REINLI ST TX 78723
| Owner | WPOI AUSTIN MULTIFAMILY LLC |
|---|---|
| Parcel ID | 0225120306 |
| Short ID | 225465 |
| Type | Real |
| Use Code | 06 Apartment 26–49 Units |
| Valuation | Income |
| Improvement SF | 34,594 SF |
| Land SF | 51,902 SF |
| Acres | 1.192 |
| Year Built | 1967 |
| Legal | LOT 26B DAVIS KENNETH E SUBD |
| Neighborhood | 06NE |
| Land | $1,038,040 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,038,040 |
| Improvement | $6,341,960 |
|---|---|
| Total Improvement | $6,341,960 |
| Market | $7,380,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $7,380,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $7,380,000 |
| Taxable Value | $7,380,000 |
|---|
Appreciation: Market value has risen +52.4% from $4,843,160 (2021) to $7,380,000 (2025), a CAGR of 11.1% 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 $151,031. 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 14% of market value ($1,038,040 land vs $6,341,960 improvements), about $20/SF of land. Most value sits in the improvements, so building condition, age (~59 yrs), and rent roll drive the underwriting.
Submarket Position: At $7,380,000, 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 +12.8% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $16,126,126 by 2031, with an estimated annual tax burden around $268,111. 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 |
|---|---|---|---|
| SO | Sketch Only | 42,608 SF | ✗ |
| 551 | PAVED AREA | 27,000 SF | ✗ |
| 1ST | 1st Floor | 13,648 SF | ✓ |
| 2ND | 2nd Floor | 13,648 SF | ✓ |
| 3RD | 3rd Floor | 7,298 SF | ✓ |
| 011C | PORCH OPEN 1ST COMM | 3,635 SF | ✗ |
| 012C | PORCH OPEN 2 COMM | 3,187 SF | ✗ |
| 591 | MASONRY TRIM SF | 3,000 SF | ✗ |
| 601 | POOL COMM'L | 1,100 SF | ✗ |
| 013C | PORCH OPEN 3 COMM | 888 SF | ✗ |
| 581C | STORAGE ATT COMM | 720 SF | ✓ |
| 131 | PLBG 5-FIXT INF | 1 SF | ✓ |
| 413 | STAIRWAY EXT | 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% | $68,279.76 | $68,279.76 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $38,672.45 | $38,672.45 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $27,737.36 | $27,737.36 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $8,710.10 | $8,710.10 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $7,630.92 | $7,630.92 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $151,030.59 | $151,030.59 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $68,279.76 | 45.2% |
| CAT City of Austin | 0.5240% | $38,672.45 | 25.6% |
| TCO Travis County | 0.3758% | $27,737.36 | 18.4% |
| THD Travis Central Health | 0.1180% | $8,710.10 | 5.8% |
| ACT Austin Community College | 0.1034% | $7,630.92 | 5.1% |
| Total | 2.0465% | $151,030.59 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $8,837,500 | $7,380,000 | +19.7% |
| Assessed Value | $8,837,500 | $7,380,000 | +19.7% |
| Land Value | $1,038,040 | $1,038,040 | +0.0% |
| Improvement Value | $7,799,460 | $6,341,960 | +23.0% |
| Taxable Value | $8,837,500 | $7,380,000 | +19.7% |
| Total Tax 2026 = estimate |
~$180,858
Estimated
|
~$151,031
Partial
|
ⓘ |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $8,837,500 | $1,038,040 | $7,799,460 | — | $8,837,500 | $8,837,500 | Not yet — post-cert | Preliminary |
| 2025 | $7,380,000 | $1,038,040 | $6,341,960 | — | $7,380,000 | $7,380,000 | ~$151,031 | Partial |
| 2024 | $8,129,590 | $1,038,040 | $7,091,550 | — | $8,129,590 | $8,129,590 | $161,113 | Verified |
| 2023 | $5,189,100 | $1,038,040 | $4,151,060 | — | $5,189,100 | $5,189,100 | $93,884 | Verified |
| 2022 | $4,843,160 | $1,038,040 | $3,805,120 | — | $4,843,160 | $4,843,160 | $95,649 | Verified |
| 2021 | $4,843,160 | $1,038,040 | $3,805,120 | — | $4,843,160 | $4,843,160 | $92,619 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +19.7% | +19.7% | ~100% | Not available | Partial |
| 2025 | -9.2% | -9.2% | ~100% | Not available | Partial |
| 2024 | +56.7% | +56.7% | ~100% | No billing data | Verified |
| 2023 | +7.1% | +7.1% | ~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): +52.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +19.7% | +14.9% | +12.8% | +56.7% | 2024 | -9.2% | 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 |
$151,031 | $118,859 | ~$230,591 | $161,113 | 2024 | $92,619 | 2021 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$9,967,117 | ~$9,721,250 | ~2.0139% | ~$195,780 | +12.8% |
| 2028 | ~$11,241,122 | ~$10,693,375 | ~1.9814% | ~$211,877 | +27.2% |
| 2029 | ~$12,677,972 | ~$11,762,713 | ~1.9488% | ~$229,236 | +43.5% |
| 2030 | ~$14,298,481 | ~$12,938,984 | ~1.9163% | ~$247,949 | +61.8% |
| 2031 | ~$16,126,126 | ~$14,232,882 | ~1.8837% | ~$268,111 | +82.5% |
| 2027 | ~$9,790,367 | ~$9,721,250 | ~2.0465% | ~$198,944 | +10.8% |
| 2028 | ~$10,845,973 | ~$10,693,375 | ~2.0465% | ~$218,838 | +22.7% |
| 2029 | ~$12,015,395 | ~$11,762,713 | ~2.0465% | ~$240,722 | +36.0% |
| 2030 | ~$13,310,905 | ~$12,938,984 | ~2.0465% | ~$264,794 | +50.6% |
| 2031 | ~$14,746,098 | ~$14,232,882 | ~2.0465% | ~$291,274 | +66.9% |
| 2027 | ~$10,143,867 | ~$9,721,250 | ~1.9977% | ~$194,198 | +14.8% |
| 2028 | ~$11,643,342 | ~$10,693,375 | ~1.9488% | ~$208,397 | +31.7% |
| 2029 | ~$13,364,471 | ~$11,762,713 | ~1.9000% | ~$223,494 | +51.2% |
| 2030 | ~$15,340,018 | ~$12,938,984 | ~1.8512% | ~$239,526 | +73.6% |
| 2031 | ~$17,607,593 | ~$14,232,882 | ~1.8024% | ~$256,529 | +99.2% |
In 2025, this property's market value of $7,380,000 places it in the top 25% for Multi-Family properties in Travis County (12570 comparable) — 14× 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 | $7,380,000 | $438,150 | $519,086 | $747,031 | ↑ Top 25% | -7.5% |
| 2024 | $8,129,590 | $467,312 | $564,206 | $847,583 | ↑ Top 25% | -6.3% |
| 2023 | $5,189,100 | $503,694 | $616,727 | $918,308 | ↑ Top 25% | +0.9% |
| 2022 | $4,843,160 | $506,269 | $614,560 | $904,074 | ↑ Top 25% | +39.0% |
| 2021 | $4,843,160 | $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 | — |