9008 GALEWOOD DR TX 78758
| Owner | AUSTIN HOUSING FINANCE CORP |
|---|---|
| Parcel ID | 0243100111 |
| Short ID | 248720 |
| Type | Real |
| Use Code | 07 Apartment 50–100 Units |
| Valuation | Income |
| Improvement SF | 39,396 SF |
| Land SF | 63,265 SF |
| Acres | 1.452 |
| Year Built | 1973 |
| Legal | LOT 1A3 *FIRST RESUB OF LT A3 QUAIL CREEK SEC 6 1ST RESUB |
| Neighborhood | 08NO |
| Land | $948,975 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $948,975 |
| Improvement | $8,794,969 |
|---|---|
| Total Improvement | $8,794,969 |
| Market | $9,743,944 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $9,743,944 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $9,743,944 |
| Taxable Value | $9,743,944 |
|---|
Appreciation: Market value has risen +106.5% from $4,719,093 (2021) to $9,743,944 (2025), a CAGR of 19.9% over 4 years. This is strong appreciation — well above typical inflation. 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.
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 10% of market value ($948,975 land vs $8,794,969 improvements), about $15/SF of land. Most value sits in the improvements, so building condition, age (~53 yrs), and rent roll drive the underwriting.
Submarket Position: At $9,743,944, 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 +13.6% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $16,947,180 by 2031, with an estimated annual tax burden around $0. 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.
11 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 30,900 SF | ✗ |
| 1ST | 1st Floor | 19,698 SF | ✓ |
| 2ND | 2nd Floor | 19,698 SF | ✓ |
| 591 | MASONRY TRIM SF | 4,750 SF | ✗ |
| 011C | PORCH OPEN 1ST COMM | 3,072 SF | ✗ |
| 012C | PORCH OPEN 2 COMM | 3,072 SF | ✗ |
| 601 | POOL COMM'L | 648 SF | ✗ |
| 611 | TERRACE | 416 SF | ✗ |
| 132 | PLBG 5-FIXT AVG | 1 SF | ✓ |
| 269 | OBS RANGE DRP-IN | 1 SF | ✓ |
| 413 | STAIRWAY EXT | 1 SF | ✓ |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $8,942,892 | $9,743,944 | -8.2% |
| Assessed Value | $8,942,892 | $9,743,944 | -8.2% |
| Land Value | $948,975 | $948,975 | +0.0% |
| Improvement Value | $7,993,917 | $8,794,969 | -9.1% |
| Taxable Value | — | — | — |
| Exemptions | — | E | |
| Total Tax | Pending certification | — | |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $8,942,892 | $948,975 | $7,993,917 | — | $8,942,892 | $— | Not yet — post-cert | Preliminary |
| 2025 | $9,743,944 | $948,975 | $8,794,969 | — | $9,743,944 | $— | not in county billing file Why? | Partial |
| 2024 | $7,405,647 | $948,975 | $6,456,672 | — | $7,405,647 | $7,405,647 | $109,857 | Verified |
| 2023 | $7,588,844 | $948,975 | $6,639,869 | — | $7,588,844 | $7,588,844 | $137,301 | Verified |
| 2022 | $5,861,552 | $948,975 | $4,912,577 | — | $5,861,552 | $5,861,552 | $110,596 | Verified |
| 2021 | $4,719,093 | $948,975 | $3,770,118 | — | $4,719,093 | $4,719,093 | $94,686 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -8.2% | -8.2% | ~100% | Not available | Partial |
| 2025 | +31.6% | +31.6% | ~100% | Not available | Partial |
| 2024 | -2.4% | -2.4% | ~100% | No billing data | Verified |
| 2023 | +29.5% | +29.5% | ~100% | No billing data | Verified |
| 2022 | +24.2% | +24.2% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +106.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -8.2% | +14.9% | +13.6% | +31.6% | 2025 | -8.2% | 2026 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2021 | 100.0% | 2021 |
|
Effective Tax Rate (2025)
⚑ Billing data available for 2025 only |
— | — | — | — | — | — | — |
| Tax Amount | $109,857 | $113,110 | — | $137,301 | 2023 | $94,686 | 2021 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$10,162,531 | ~$9,837,181 | ~0.0000% | ~$0 | +13.6% |
| 2028 | ~$11,548,505 | ~$10,820,899 | ~0.0000% | ~$0 | +29.1% |
| 2029 | ~$13,123,499 | ~$11,902,989 | ~0.0000% | ~$0 | +46.7% |
| 2030 | ~$14,913,293 | ~$13,093,288 | ~0.0000% | ~$0 | +66.8% |
| 2031 | ~$16,947,180 | ~$14,402,617 | ~0.0000% | ~$0 | +89.5% |
| 2027 | ~$9,983,673 | ~$9,837,181 | ~0.0000% | ~$0 | +11.6% |
| 2028 | ~$11,145,581 | ~$10,820,899 | ~0.0000% | ~$0 | +24.6% |
| 2029 | ~$12,442,713 | ~$11,902,989 | ~0.0000% | ~$0 | +39.1% |
| 2030 | ~$13,890,806 | ~$13,093,288 | ~0.0000% | ~$0 | +55.3% |
| 2031 | ~$15,507,429 | ~$14,402,617 | ~0.0000% | ~$0 | +73.4% |
| 2027 | ~$10,341,389 | ~$9,837,181 | ~0.0000% | ~$0 | +15.6% |
| 2028 | ~$11,958,583 | ~$10,820,899 | ~0.0000% | ~$0 | +33.7% |
| 2029 | ~$13,828,676 | ~$11,902,989 | ~0.0000% | ~$0 | +54.6% |
| 2030 | ~$15,991,216 | ~$13,093,288 | ~0.0000% | ~$0 | +78.8% |
| 2031 | ~$18,491,935 | ~$14,402,617 | ~0.0000% | ~$0 | +106.8% |
In 2025, this property's market value of $9,743,944 places it in the top 25% for Multi-Family properties in Travis County (12570 comparable) — 19× 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 | $9,743,944 | $438,150 | $519,086 | $747,031 | ↑ Top 25% | -7.5% |
| 2024 | $7,405,647 | $467,312 | $564,206 | $847,583 | ↑ Top 25% | -6.3% |
| 2023 | $7,588,844 | $503,694 | $616,727 | $918,308 | ↑ Top 25% | +0.9% |
| 2022 | $5,861,552 | $506,269 | $614,560 | $904,074 | ↑ Top 25% | +39.0% |
| 2021 | $4,719,093 | $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 |
| 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 | — |