902 ROMERIA DR TX 78757
| Owner | GREYSTONE BRIDGE WATERLOO |
|---|---|
| Parcel ID | 0229080212 |
| Short ID | 230019 |
| Type | Real |
| Use Code | 06 Apartment 26–49 Units |
| Valuation | Income |
| Improvement SF | 17,660 SF |
| Land SF | 35,414 SF |
| Acres | 0.813 |
| Year Built | 1971 |
| Legal | 0.8130 AC OF BLK 1-2 RESERVOIR HEIGHTS |
| Neighborhood | 06NC2 |
| Land | $1,770,714 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,770,714 |
| Improvement | $3,218,886 |
|---|---|
| Total Improvement | $3,218,886 |
| Market | $4,989,600 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $4,989,600 |
| Value Limitation Adjustment (−) (homestead cap) | −$309,600 |
| Net Appraised (assessed) | $4,680,000 |
| Taxable Value | $4,680,000 |
|---|
Appreciation: Market value has risen +28.4% from $3,885,200 (2021) to $4,989,600 (2025), a CAGR of 6.5% over 4 years. This represents moderate, steady growth. Growth has been fairly evenly spread across these years rather than concentrated in one jump. 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 $95,775. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Assessment Gap: Assessed value ($4,680,000) is $309,600 below market value, suggesting potential for an upward assessment in future years.
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 35% of market value ($1,770,714 land vs $3,218,886 improvements), about $50/SF of land. Most value sits in the improvements, so building condition, age (~55 yrs), and rent roll drive the underwriting.
Submarket Position: At $4,989,600, 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 $5,958,399 by 2031, with an estimated annual tax burden around $112,241. 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.
15 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 14,820 SF | ✗ |
| SO | Sketch Only | 9,560 SF | ✗ |
| 1ST | 1st Floor | 9,020 SF | ✓ |
| 2ND | 2nd Floor | 8,640 SF | ✓ |
| 591 | MASONRY TRIM SF | 5,000 SF | ✗ |
| 011C | PORCH OPEN 1ST COMM | 1,080 SF | ✗ |
| 012C | PORCH OPEN 2 COMM | 1,080 SF | ✗ |
| 601 | POOL COMM'L | 640 SF | ✗ |
| 511 | DECK | 540 SF | ✗ |
| 571C | STORAGE DET COMM | 108 SF | ✓ |
| 132 | PLBG 5-FIXT AVG | 1 SF | ✓ |
| 269 | OBS RANGE DRP-IN | 1 SF | ✓ |
| 413 | STAIRWAY EXT | 1 SF | ✓ |
| 531 | OBS FENCE | 1 SF | ✗ |
| 579 | STORAGE DET FV | 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% | $43,299.36 | $43,299.36 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $24,524.00 | $24,524.00 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $17,589.55 | $17,589.55 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $5,523.48 | $5,523.48 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $4,839.12 | $4,839.12 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $95,775.51 | $95,775.51 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $43,299.36 | 45.2% |
| CAT City of Austin | 0.5240% | $24,524.00 | 25.6% |
| TCO Travis County | 0.3758% | $17,589.55 | 18.4% |
| THD Travis Central Health | 0.1180% | $5,523.48 | 5.8% |
| ACT Austin Community College | 0.1034% | $4,839.12 | 5.1% |
| Total | 2.0465% | $95,775.51 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $4,811,400 | $4,989,600 | -3.6% |
| Assessed Value | $4,811,400 | $4,680,000 | +2.8% |
| Land Value | $1,770,714 | $1,770,714 | +0.0% |
| Improvement Value | $3,040,686 | $3,218,886 | -5.5% |
| Taxable Value | $4,811,400 | $4,680,000 | +2.8% |
| Total Tax 2026 = estimate |
~$98,465
Estimated
|
~$95,776
Partial
|
ⓘ |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $4,811,400 | $1,770,714 | $3,040,686 | — | $4,811,400 | $4,811,400 | Not yet — post-cert | Preliminary |
| 2025 | $4,989,600 | $1,770,714 | $3,218,886 | −$309,600 | $4,680,000 | $4,680,000 | ~$95,776 | Partial |
| 2024 | $4,355,208 | $1,770,714 | $2,584,494 | — | $4,355,208 | $4,355,208 | $77,752 | Verified |
| 2023 | $4,459,150 | $1,770,714 | $2,688,436 | — | $4,459,150 | $4,459,150 | $80,677 | Verified |
| 2022 | $4,238,400 | $1,770,714 | $2,467,686 | — | $4,238,400 | $4,238,400 | $83,705 | Verified |
| 2021 | $3,885,200 | $1,770,714 | $2,114,486 | — | $3,885,200 | $3,885,200 | $84,568 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -3.6% | +2.8% | ~100% | Not available | Partial |
| 2025 | +14.6% | +7.5% | 93.8% | Not available | Partial |
| 2024 | -2.3% | -2.3% | ~100% | No billing data | Verified |
| 2023 | +5.2% | +5.2% | ~100% | No billing data | Verified |
| 2022 | +9.1% | +9.1% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +28.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -3.6% | +4.6% | +4.4% | +14.6% | 2025 | -3.6% | 2026 |
| Assessment Ratio | 100.0% | 99.0% | — | 100.0% | 2021 | 93.8% | 2025 |
| Effective Tax Rate (2025) | 1.9200% | 1.9200% | — | 1.9200% | 2025 | 1.9200% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$95,776 | $84,496 | ~$106,644 | $95,776 | 2025 | $77,752 | 2024 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$5,021,611 | ~$5,021,611 | ~2.0139% | ~$101,132 | +4.4% |
| 2028 | ~$5,241,006 | ~$5,241,006 | ~1.9814% | ~$103,845 | +8.9% |
| 2029 | ~$5,469,987 | ~$5,469,987 | ~1.9488% | ~$106,601 | +13.7% |
| 2030 | ~$5,708,972 | ~$5,708,972 | ~1.9163% | ~$109,401 | +18.7% |
| 2031 | ~$5,958,399 | ~$5,958,399 | ~1.8837% | ~$112,241 | +23.8% |
| 2027 | ~$4,925,383 | ~$4,925,383 | ~2.0465% | ~$100,797 | +2.4% |
| 2028 | ~$5,042,067 | ~$5,042,067 | ~2.0465% | ~$103,185 | +4.8% |
| 2029 | ~$5,161,514 | ~$5,161,514 | ~2.0465% | ~$105,630 | +7.3% |
| 2030 | ~$5,283,792 | ~$5,283,792 | ~2.0465% | ~$108,132 | +9.8% |
| 2031 | ~$5,408,966 | ~$5,408,966 | ~2.0465% | ~$110,694 | +12.4% |
| 2027 | ~$5,117,839 | ~$5,117,839 | ~1.9977% | ~$102,237 | +6.4% |
| 2028 | ~$5,443,795 | ~$5,443,795 | ~1.9488% | ~$106,091 | +13.1% |
| 2029 | ~$5,790,512 | ~$5,790,512 | ~1.9000% | ~$110,021 | +20.3% |
| 2030 | ~$6,159,311 | ~$6,159,311 | ~1.8512% | ~$114,021 | +28.0% |
| 2031 | ~$6,551,599 | ~$6,551,599 | ~1.8024% | ~$118,084 | +36.2% |
In 2025, this property's market value of $4,989,600 places it in the top 25% for Multi-Family properties in Travis County (12570 comparable) — 10× 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 | $4,989,600 | $438,150 | $519,086 | $747,031 | ↑ Top 25% | -7.5% |
| 2024 | $4,355,208 | $467,312 | $564,206 | $847,583 | ↑ Top 25% | -6.3% |
| 2023 | $4,459,150 | $503,694 | $616,727 | $918,308 | ↑ Top 25% | +0.9% |
| 2022 | $4,238,400 | $506,269 | $614,560 | $904,074 | ↑ Top 25% | +39.0% |
| 2021 | $3,885,200 | $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 | — |