2205 MISSION HILL CIR TX 78741
| Owner | PERKINS LILLIAN M |
|---|---|
| Parcel ID | 0313040724 |
| Short ID | 291788 |
| Type | Real |
| Use Code | 04 Fourplex |
| Valuation | Income |
| Improvement SF | 3,612 SF |
| Land SF | 7,946 SF |
| Acres | 0.182 |
| Year Built | 1968 |
| Legal | LOT 10 MISSION HILL |
| Neighborhood | F0786 |
| Land | $249,549 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $249,549 |
| Improvement | $431,225 |
|---|---|
| Total Improvement | $431,225 |
| Market | $680,774 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $680,774 |
| Value Limitation Adjustment (−) (homestead cap) | −$33,267 |
| Net Appraised (assessed) | $647,507 |
| Taxable Value | $647,507 |
|---|
Appreciation: Market value has risen +34.9% from $504,543 (2021) to $680,774 (2025), a CAGR of 7.8% over 4 years. This represents moderate, steady growth. Most of this growth came in a single year (2021→2022), 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 $13,251. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Assessment Gap: Assessed value ($647,507) is $33,267 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 37% of market value ($249,549 land vs $431,225 improvements), about $31/SF of land. Most value sits in the improvements, so building condition, age (~58 yrs), and rent roll drive the underwriting.
Submarket Position: At $680,774, this parcel sits in the upper-middle (50th–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 +0.9% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $553,930 by 2031, with an estimated annual tax burden around $10,435. 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.
8 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 095 | HVAC RESIDENTIAL | 3,612 SF | ✗ |
| 1ST | 1st Floor | 1,806 SF | ✓ |
| 2ND | 2nd Floor | 1,806 SF | ✓ |
| 551 | PAVED AREA | 1,500 SF | ✗ |
| 612 | TERRACE UNCOVERD | 336 SF | ✗ |
| SO | Sketch Only | 308 SF | ✗ |
| 581 | STORAGE ATT | 126 SF | ✓ |
| 251 | BATHROOM | 6 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% | $5,783.71 | $5,783.71 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $3,275.79 | $3,275.79 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,349.52 | $2,349.52 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $737.80 | $737.80 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $646.39 | $646.39 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $12,793.21 | $12,793.21 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $5,783.71 | 45.2% |
| CAT City of Austin | 0.5240% | $3,275.79 | 25.6% |
| TCO Travis County | 0.3758% | $2,349.52 | 18.4% |
| THD Travis Central Health | 0.1180% | $737.80 | 5.8% |
| ACT Austin Community College | 0.1034% | $646.39 | 5.1% |
| Total | 2.0465% | $12,793.21 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $528,660 | $680,774 | -22.3% |
| Assessed Value | $528,660 | $647,507 | -18.4% |
| Land Value | $224,549 | $249,549 | -10.0% |
| Improvement Value | $304,111 | $431,225 | -29.5% |
| Taxable Value | $528,660 | $647,507 | -18.4% |
| Total Tax 2026 = estimate |
~$10,819
Estimated
|
~$12,793
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $528,660 | $224,549 | $304,111 | — | $528,660 | $528,660 | Not yet — post-cert | Preliminary |
| 2025 | $680,774 | $249,549 | $431,225 | −$33,267 | $647,507 | $647,507 | ~$12,793 | Partial |
| 2024 | $539,589 | $270,000 | $269,589 | — | $539,589 | $539,589 | $10,694 | Verified |
| 2023 | $706,554 | $175,000 | $531,554 | — | $706,554 | $706,554 | $12,783 | Verified |
| 2022 | $732,457 | $175,000 | $557,457 | — | $732,457 | $732,457 | $14,465 | Verified |
| 2021 | $504,543 | $175,000 | $329,543 | — | $504,543 | $504,543 | $10,982 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -22.3% | -18.4% | ~100% | Not available | Partial |
| 2025 | +26.2% | +20.0% | 95.1% | Not available | Partial |
| 2024 | -23.6% | -23.6% | ~100% | No billing data | Verified |
| 2023 | -3.5% | -3.5% | ~100% | No billing data | Verified |
| 2022 | +45.2% | +45.2% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +34.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -22.3% | +4.4% | +0.9% | +45.2% | 2022 | -23.6% | 2024 |
| Assessment Ratio | 100.0% | 99.2% | — | 100.0% | 2021 | 95.1% | 2025 |
| Effective Tax Rate (2025) | 1.8800% | 1.8800% | — | 1.8800% | 2025 | 1.8800% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$12,793 | $12,344 | ~$10,593 | $14,465 | 2022 | $10,694 | 2024 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$533,620 | ~$533,620 | ~2.0139% | ~$10,747 | +0.9% |
| 2028 | ~$538,627 | ~$538,627 | ~1.9814% | ~$10,672 | +1.9% |
| 2029 | ~$543,680 | ~$543,680 | ~1.9488% | ~$10,595 | +2.8% |
| 2030 | ~$548,781 | ~$548,781 | ~1.9163% | ~$10,516 | +3.8% |
| 2031 | ~$553,930 | ~$553,930 | ~1.8837% | ~$10,435 | +4.8% |
| 2027 | ~$523,047 | ~$523,047 | ~2.0465% | ~$10,704 | -1.1% |
| 2028 | ~$517,493 | ~$517,493 | ~2.0465% | ~$10,590 | -2.1% |
| 2029 | ~$511,999 | ~$511,999 | ~2.0465% | ~$10,478 | -3.2% |
| 2030 | ~$506,562 | ~$506,562 | ~2.0465% | ~$10,367 | -4.2% |
| 2031 | ~$501,184 | ~$501,184 | ~2.0465% | ~$10,257 | -5.2% |
| 2027 | ~$544,193 | ~$544,193 | ~1.9977% | ~$10,871 | +2.9% |
| 2028 | ~$560,183 | ~$560,183 | ~1.9488% | ~$10,917 | +6.0% |
| 2029 | ~$576,642 | ~$576,642 | ~1.9000% | ~$10,956 | +9.1% |
| 2030 | ~$593,585 | ~$593,585 | ~1.8512% | ~$10,988 | +12.3% |
| 2031 | ~$611,026 | ~$611,026 | ~1.8024% | ~$11,013 | +15.6% |
In 2025, this property's market value of $680,774 places it in the 50th–75th percentile for Multi-Family properties in Travis County (12570 comparable) — +31% 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 | $680,774 | $438,150 | $519,086 | $747,031 | ↑ Above median | -7.5% |
| 2024 | $539,589 | $467,312 | $564,206 | $847,583 | ↓ Below median | -6.3% |
| 2023 | $706,554 | $503,694 | $616,727 | $918,308 | ↑ Above median | +0.9% |
| 2022 | $732,457 | $506,269 | $614,560 | $904,074 | ↑ Above median | +39.0% |
| 2021 | $504,543 | $353,349 | $436,046 | $657,886 | ↑ Above median | 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 | — |