206 PARK LN TX 78704
| Owner | MAGNER MAEVE |
|---|---|
| Parcel ID | 0300010809 |
| Short ID | 282746 |
| Type | Real |
| Use Code | 03 Triplex |
| Valuation | Income |
| Improvement SF | 3,910 SF |
| Land SF | 7,498 SF |
| Acres | 0.172 |
| Year Built | 1971 |
| Legal | LOT 5A RESUB LT 4 5 8 9 & 10 KIRSCHNER RESUB OF BLK 10 FAIRVIEW PARK |
| Neighborhood | K4005 |
| Land | $611,234 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $611,234 |
| Improvement | $204,452 |
|---|---|
| Total Improvement | $204,452 |
| Market | $815,686 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $815,686 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $815,686 |
| Taxable Value | $815,686 |
|---|
Appreciation: Market value has fallen -17.7% from $990,984 (2021) to $815,686 (2025), a CAGR of -4.8% over 4 years. Growth has been relatively flat for this asset class. 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 lagged 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 $16,693. 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 75% of market value ($611,234 land vs $204,452 improvements), about $82/SF of land. With value concentrated in the land under a ~55-year-old structure, this reads as a land-dominated asset — the classic higher-and-best-use / redevelopment signal. Underwrite the dirt, not the building.
Submarket Position: At $815,686, 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 -3.8% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $671,397 by 2031, with an estimated annual tax burden around $12,647. 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 |
|---|---|---|---|
| 095 | HVAC RESIDENTIAL | 3,910 SF | ✗ |
| 551 | PAVED AREA | 3,000 SF | ✗ |
| 2ND | 2nd Floor | 1,972 SF | ✓ |
| 1ST | 1st Floor | 1,938 SF | ✓ |
| 612 | TERRACE UNCOVERD | 849 SF | ✗ |
| SO | Sketch Only | 676 SF | ✗ |
| 012 | PORCH OPEN 2ND F | 283 SF | ✗ |
| 011 | PORCH OPEN 1ST F | 275 SF | ✗ |
| 581 | STORAGE ATT | 118 SF | ✓ |
| 251 | BATHROOM | 3 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% | $7,546.73 | $7,546.73 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $4,274.33 | $4,274.33 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,065.72 | $3,065.72 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $962.70 | $962.70 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $843.42 | $843.42 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $16,692.90 | $16,692.90 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $7,546.73 | 45.2% |
| CAT City of Austin | 0.5240% | $4,274.33 | 25.6% |
| TCO Travis County | 0.3758% | $3,065.72 | 18.4% |
| THD Travis Central Health | 0.1180% | $962.70 | 5.8% |
| ACT Austin Community College | 0.1034% | $843.42 | 5.1% |
| Total | 2.0465% | $16,692.90 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $815,686 | $815,686 | +0.0% |
| Assessed Value | $815,686 | $815,686 | +0.0% |
| Land Value | $611,234 | $611,234 | +0.0% |
| Improvement Value | $204,452 | $204,452 | +0.0% |
| Taxable Value | $815,686 | $815,686 | +0.0% |
| Total Tax 2026 = estimate |
~$16,693
Estimated
|
~$16,693
Partial
|
ⓘ |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $815,686 | $611,234 | $204,452 | — | $815,686 | $815,686 | Not yet — post-cert | Preliminary |
| 2025 | $815,686 | $611,234 | $204,452 | — | $815,686 | $815,686 | ~$16,693 | Partial |
| 2024 | $1,367,606 | $800,000 | $567,606 | — | $1,367,606 | $1,367,606 | $25,453 | Verified |
| 2023 | $1,949,510 | $800,000 | $1,149,510 | — | $1,949,510 | $1,949,510 | $27,219 | Verified |
| 2022 | $1,504,447 | $800,000 | $704,447 | — | $1,504,447 | $1,504,447 | $29,712 | Verified |
| 2021 | $990,984 | $450,000 | $540,984 | — | $990,984 | $990,984 | $21,571 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2025 | -40.4% | -40.4% | ~100% | Not available | Partial |
| 2024 | -29.8% | -29.8% | ~100% | No billing data | Verified |
| 2023 | +29.6% | +29.6% | ~100% | No billing data | Verified |
| 2022 | +51.8% | +51.8% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): -17.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +2.2% | -3.8% | +51.8% | 2022 | -40.4% | 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 |
$16,693 | $24,129 | ~$14,184 | $29,712 | 2022 | $16,693 | 2025 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$784,539 | ~$784,539 | ~2.0139% | ~$15,800 | -3.8% |
| 2028 | ~$754,580 | ~$754,580 | ~1.9814% | ~$14,951 | -7.5% |
| 2029 | ~$725,766 | ~$725,766 | ~1.9488% | ~$14,144 | -11.0% |
| 2030 | ~$698,053 | ~$698,053 | ~1.9163% | ~$13,377 | -14.4% |
| 2031 | ~$671,397 | ~$671,397 | ~1.8837% | ~$12,647 | -17.7% |
| 2027 | ~$774,902 | ~$774,902 | ~2.0465% | ~$15,858 | -5.0% |
| 2028 | ~$736,157 | ~$736,157 | ~2.0465% | ~$15,065 | -9.7% |
| 2029 | ~$699,349 | ~$699,349 | ~2.0465% | ~$14,312 | -14.3% |
| 2030 | ~$664,381 | ~$664,381 | ~2.0465% | ~$13,596 | -18.5% |
| 2031 | ~$631,162 | ~$631,162 | ~2.0465% | ~$12,917 | -22.6% |
| 2027 | ~$800,852 | ~$800,852 | ~1.9977% | ~$15,998 | -1.8% |
| 2028 | ~$786,288 | ~$786,288 | ~1.9488% | ~$15,323 | -3.6% |
| 2029 | ~$771,989 | ~$771,989 | ~1.9000% | ~$14,668 | -5.4% |
| 2030 | ~$757,950 | ~$757,950 | ~1.8512% | ~$14,031 | -7.1% |
| 2031 | ~$744,166 | ~$744,166 | ~1.8024% | ~$13,413 | -8.8% |
In 2025, this property's market value of $815,686 places it in the top 25% for Multi-Family properties in Travis County (12570 comparable) — +57% above 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 | $815,686 | $438,150 | $519,086 | $747,031 | ↑ Top 25% | -7.5% |
| 2024 | $1,367,606 | $467,312 | $564,206 | $847,583 | ↑ Top 25% | -6.3% |
| 2023 | $1,949,510 | $503,694 | $616,727 | $918,308 | ↑ Top 25% | +0.9% |
| 2022 | $1,504,447 | $506,269 | $614,560 | $904,074 | ↑ Top 25% | +39.0% |
| 2021 | $990,984 | $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 | — |