1612 TAYLOR GAINES ST TX 78741
| Owner | KAPADIA VARSHA |
|---|---|
| Parcel ID | 0303051101 |
| Short ID | 285007 |
| Type | Real |
| Use Code | 02 Duplex |
| Valuation | Cost |
| Improvement SF | 5,004 SF |
| Land SF | 13,605 SF |
| Acres | 0.312 |
| Year Built | 2021 |
| Legal | LOT 6 BLK E ELMHURST HEIGHTS SEC NO 1 |
| Neighborhood | F0095 |
| Land | $333,439 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $333,439 |
| Improvement | $1,015,644 |
|---|---|
| Total Improvement | $1,015,644 |
| Market | $1,349,083 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,349,083 |
| Value Limitation Adjustment (−) (homestead cap) | −$233,542 |
| Net Appraised (assessed) | $1,115,541 |
| Exemptions on file | HS |
|---|---|
| Taxable Value | $1,115,541 |
Appreciation: Market value has risen +26.5% from $1,066,810 (2021) to $1,349,083 (2025), a CAGR of 6.0% 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 $22,829. Austin ISD is the largest single contributor, at 46.9% of the total 2025 levy.
Assessment Gap: Assessed value ($1,115,541) is $233,542 below market value, suggesting potential for an upward assessment in future years.
Asset Class: Multi-family residential. This is valued using the cost approach, tied more to replacement cost and physical condition than to income performance.
Value Composition: Land carries 25% of market value ($333,439 land vs $1,015,644 improvements), about $25/SF of land. Most value sits in the improvements, so building condition, age (~5 yrs), and rent roll drive the underwriting.
Submarket Position: At $1,349,083, 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 +3.7% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $1,528,603 by 2031, with an estimated annual tax burden around $28,795. 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.
9 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 095 | HVAC RESIDENTIAL | 5,004 SF | ✗ |
| 1ST | 1st Floor | 2,695 SF | ✓ |
| 2ND | 2nd Floor | 2,309 SF | ✓ |
| 061 | CARPORT ATT 1ST | 552 SF | ✗ |
| 011 | PORCH OPEN 1ST F | 552 SF | ✗ |
| 252 | BEDROOMS | 7 SF | ✓ |
| 251 | BATHROOM | 6 SF | ✓ |
| 250 | HALF BATHROOM | 1 SF | ✓ |
| 604 | POOL RES CONC | 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% | $9,025.71 | $9,025.71 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $4,676.50 | $4,676.50 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,354.16 | $3,354.16 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,141.94 | $1,141.94 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,053.28 | $1,053.28 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $19,251.59 | $19,251.59 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $9,025.71 | 46.9% |
| CAT City of Austin | 0.5240% | $4,676.50 | 24.3% |
| TCO Travis County | 0.3758% | $3,354.16 | 17.4% |
| ACT Austin Community College | 0.1034% | $1,141.94 | 5.9% |
| THD Travis Central Health | 0.1180% | $1,053.28 | 5.5% |
| Total | 2.0465% | $19,251.59 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,277,000 | $1,349,083 | -5.3% |
| Assessed Value | $1,227,095 | $1,115,541 | +10.0% |
| Land Value | $333,439 | $333,439 | +0.0% |
| Improvement Value | $943,561 | $1,015,644 | -7.1% |
| Taxable Value | $1,227,095 | $1,115,541 | +10.0% |
| Exemptions | HS | HS | |
| HS Cap Loss | -$49,905 | — | |
| Total Tax 2026 = estimate |
~$25,112
Estimated
|
~$19,252
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $1,277,000 | $333,439 | $943,561 | −$49,905 | $1,227,095 | $1,227,095 | Not yet — post-cert | Preliminary |
| 2025 | $1,349,083 | $333,439 | $1,015,644 | −$233,542 | $1,115,541 | $1,115,541 | ~$19,252 | Partial |
| 2024 | $1,442,870 | $460,000 | $982,870 | — | $1,442,870 | $1,246,296 | $17,251 | Verified |
| 2023 | $1,021,253 | $517,500 | $503,753 | — | $1,021,253 | $920,502 | $16,755 | Verified |
| 2022 | $1,543,292 | $287,500 | $1,255,792 | — | $1,543,292 | $1,543,292 | $28,664 | Verified |
| 2021 | $1,066,810 | $287,500 | $779,310 | — | $1,066,810 | $1,066,810 | $23,221 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -5.3% | +10.0% | 96.1% | Not available | Partial |
| 2025 | -6.5% | -22.7% | 82.7% | Not available | Partial |
| 2024 | +41.3% | +41.3% | ~100% | No billing data | Verified |
| 2023 | -33.8% | -33.8% | ~100% | No billing data | Verified |
| 2022 | +44.7% | +44.7% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +26.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -5.3% | +8.1% | +3.7% | +44.7% | 2022 | -33.8% | 2023 |
| Assessment Ratio | 96.1% | 96.5% | — | 100.0% | 2021 | 82.7% | 2025 |
| Effective Tax Rate (2025) | 1.4300% | 1.4300% | — | 1.4300% | 2025 | 1.4300% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$19,252 | $21,029 | ~$27,725 | $28,664 | 2022 | $16,755 | 2023 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$1,323,767 | ~$1,323,767 | ~2.0139% | ~$26,660 | +3.7% |
| 2028 | ~$1,372,247 | ~$1,372,247 | ~1.9814% | ~$27,190 | +7.5% |
| 2029 | ~$1,422,503 | ~$1,422,503 | ~1.9488% | ~$27,722 | +11.4% |
| 2030 | ~$1,474,599 | ~$1,474,599 | ~1.9163% | ~$28,258 | +15.5% |
| 2031 | ~$1,528,603 | ~$1,528,603 | ~1.8837% | ~$28,795 | +19.7% |
| 2027 | ~$1,298,227 | ~$1,298,227 | ~2.0465% | ~$26,568 | +1.7% |
| 2028 | ~$1,319,808 | ~$1,319,808 | ~2.0465% | ~$27,010 | +3.4% |
| 2029 | ~$1,341,746 | ~$1,341,746 | ~2.0465% | ~$27,459 | +5.1% |
| 2030 | ~$1,364,050 | ~$1,364,050 | ~2.0465% | ~$27,915 | +6.8% |
| 2031 | ~$1,386,724 | ~$1,386,724 | ~2.0465% | ~$28,379 | +8.6% |
| 2027 | ~$1,349,307 | ~$1,349,307 | ~1.9977% | ~$26,955 | +5.7% |
| 2028 | ~$1,425,709 | ~$1,425,709 | ~1.9488% | ~$27,785 | +11.6% |
| 2029 | ~$1,506,437 | ~$1,506,437 | ~1.9000% | ~$28,623 | +18.0% |
| 2030 | ~$1,591,735 | ~$1,591,735 | ~1.8512% | ~$29,466 | +24.6% |
| 2031 | ~$1,681,864 | ~$1,681,864 | ~1.8024% | ~$30,313 | +31.7% |
In 2025, this property's market value of $1,349,083 places it in the top 25% for Multi-Family properties in Travis County (12570 comparable) — +160% 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 | $1,349,083 | $438,150 | $519,086 | $747,031 | ↑ Top 25% | -7.5% |
| 2024 | $1,442,870 | $467,312 | $564,206 | $847,583 | ↑ Top 25% | -6.3% |
| 2023 | $1,021,253 | $503,694 | $616,727 | $918,308 | ↑ Top 25% | +0.9% |
| 2022 | $1,543,292 | $506,269 | $614,560 | $904,074 | ↑ Top 25% | +39.0% |
| 2021 | $1,066,810 | $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 | — |