5600 GROVER AVE TX 78756
| Owner | BARR PAUL T & ILENE TRUST |
|---|---|
| Parcel ID | 0228060907 |
| Short ID | 228859 |
| Type | Real |
| Use Code | 05 Apartment 5–25 Units |
| Valuation | Income |
| Improvement SF | 8,760 SF |
| Land SF | 14,517 SF |
| Acres | 0.333 |
| Year Built | 1972 |
| Legal | LOT 7 BLK 16 *LESS E 7.5FT BROADACRES |
| Neighborhood | 05NC |
| Land | $725,850 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $725,850 |
| Improvement | $1,194,150 |
|---|---|
| Total Improvement | $1,194,150 |
| Market | $1,920,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,920,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,920,000 |
| Taxable Value | $1,920,000 |
|---|
Appreciation: Market value has risen +25.2% from $1,533,000 (2021) to $1,920,000 (2025), a CAGR of 5.8% 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 $39,293. 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 38% of market value ($725,850 land vs $1,194,150 improvements), about $50/SF of land. Most value sits in the improvements, so building condition, age (~54 yrs), and rent roll drive the underwriting.
Submarket Position: At $1,920,000, 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 +7.8% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $3,254,966 by 2031, with an estimated annual tax burden around $61,315. 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 |
|---|---|---|---|
| SO | Sketch Only | 8,824 SF | ✗ |
| 1ST | 1st Floor | 4,380 SF | ✓ |
| 2ND | 2nd Floor | 4,380 SF | ✓ |
| 551 | PAVED AREA | 3,465 SF | ✗ |
| 591 | MASONRY TRIM SF | 1,425 SF | ✗ |
| 012C | PORCH OPEN 2 COMM | 768 SF | ✗ |
| 011C | PORCH OPEN 1ST COMM | 704 SF | ✗ |
| 132 | PLBG 5-FIXT AVG | 1 SF | ✓ |
| 269 | OBS RANGE DRP-IN | 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% | $17,763.84 | $17,763.84 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $10,061.13 | $10,061.13 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $7,216.22 | $7,216.22 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,266.04 | $2,266.04 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,985.28 | $1,985.28 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $39,292.51 | $39,292.51 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $17,763.84 | 45.2% |
| CAT City of Austin | 0.5240% | $10,061.13 | 25.6% |
| TCO Travis County | 0.3758% | $7,216.22 | 18.4% |
| THD Travis Central Health | 0.1180% | $2,266.04 | 5.8% |
| ACT Austin Community College | 0.1034% | $1,985.28 | 5.1% |
| Total | 2.0465% | $39,292.51 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,233,800 | $1,920,000 | +16.3% |
| Assessed Value | $2,233,800 | $1,920,000 | +16.3% |
| Land Value | $725,850 | $725,850 | +0.0% |
| Improvement Value | $1,507,950 | $1,194,150 | +26.3% |
| Taxable Value | $2,233,800 | $1,920,000 | +16.3% |
| Total Tax 2026 = estimate |
~$45,714
Estimated
|
~$39,293
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $2,233,800 | $725,850 | $1,507,950 | — | $2,233,800 | $2,233,800 | Not yet — post-cert | Preliminary |
| 2025 | $1,920,000 | $725,850 | $1,194,150 | — | $1,920,000 | $1,920,000 | ~$39,293 | Partial |
| 2024 | $1,927,200 | $725,850 | $1,201,350 | — | $1,927,200 | $1,927,200 | $38,194 | Verified |
| 2023 | $1,839,600 | $725,850 | $1,113,750 | — | $1,839,600 | $1,839,600 | $33,283 | Verified |
| 2022 | $1,708,200 | $725,850 | $982,350 | — | $1,708,200 | $1,708,200 | $33,736 | Verified |
| 2021 | $1,533,000 | $725,850 | $807,150 | — | $1,533,000 | $1,533,000 | $32,215 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +16.3% | +16.3% | ~100% | Not available | Partial |
| 2025 | -0.4% | -0.4% | ~100% | Not available | Partial |
| 2024 | +4.8% | +4.8% | ~100% | No billing data | Verified |
| 2023 | +7.7% | +7.7% | ~100% | No billing data | Verified |
| 2022 | +11.4% | +11.4% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +25.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +16.3% | +8.0% | +7.8% | +16.3% | 2026 | -0.4% | 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 |
$39,293 | $35,344 | ~$54,738 | $39,293 | 2025 | $32,215 | 2021 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$2,408,489 | ~$2,408,489 | ~2.0139% | ~$48,505 | +7.8% |
| 2028 | ~$2,596,840 | ~$2,596,840 | ~1.9814% | ~$51,453 | +16.3% |
| 2029 | ~$2,799,920 | ~$2,799,920 | ~1.9488% | ~$54,566 | +25.3% |
| 2030 | ~$3,018,881 | ~$3,018,881 | ~1.9163% | ~$57,851 | +35.1% |
| 2031 | ~$3,254,966 | ~$3,254,966 | ~1.8837% | ~$61,315 | +45.7% |
| 2027 | ~$2,363,813 | ~$2,363,813 | ~2.0465% | ~$48,375 | +5.8% |
| 2028 | ~$2,501,394 | ~$2,501,394 | ~2.0465% | ~$51,191 | +12.0% |
| 2029 | ~$2,646,982 | ~$2,646,982 | ~2.0465% | ~$54,170 | +18.5% |
| 2030 | ~$2,801,043 | ~$2,801,043 | ~2.0465% | ~$57,323 | +25.4% |
| 2031 | ~$2,964,071 | ~$2,964,071 | ~2.0465% | ~$60,659 | +32.7% |
| 2027 | ~$2,453,165 | ~$2,453,165 | ~1.9977% | ~$49,006 | +9.8% |
| 2028 | ~$2,694,073 | ~$2,694,073 | ~1.9488% | ~$52,503 | +20.6% |
| 2029 | ~$2,958,638 | ~$2,958,638 | ~1.9000% | ~$56,215 | +32.4% |
| 2030 | ~$3,249,184 | ~$3,249,184 | ~1.8512% | ~$60,149 | +45.5% |
| 2031 | ~$3,568,263 | ~$3,568,263 | ~1.8024% | ~$64,313 | +59.7% |
In 2025, this property's market value of $1,920,000 places it in the top 25% for Multi-Family properties in Travis County (12570 comparable) — 4× 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 | $1,920,000 | $438,150 | $519,086 | $747,031 | ↑ Top 25% | -7.5% |
| 2024 | $1,927,200 | $467,312 | $564,206 | $847,583 | ↑ Top 25% | -6.3% |
| 2023 | $1,839,600 | $503,694 | $616,727 | $918,308 | ↑ Top 25% | +0.9% |
| 2022 | $1,708,200 | $506,269 | $614,560 | $904,074 | ↑ Top 25% | +39.0% |
| 2021 | $1,533,000 | $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 | — |