2003 S 1 ST TX 78704
| Owner | SMOKY HILL PROPERTIES LLC |
|---|---|
| Parcel ID | 0402010907 |
| Short ID | 303572 |
| Type | Real |
| Use Code | 06 Apartment 26–49 Units |
| Valuation | Income |
| Improvement SF | — |
| Land SF | 25,800 SF |
| Acres | 0.592 |
| Year Built | — |
| Legal | LOT 1-3 BLK C BOULDIN JAMES E ADDN |
| Neighborhood | 59SCN |
| Land | $3,529,440 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $3,529,440 |
| Improvement | $5,277,709 |
|---|---|
| Total Improvement | $5,277,709 |
| Market | $8,807,149 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $8,807,149 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $8,807,149 |
| Taxable Value | $8,807,149 |
|---|
| Total Due | $153,274.59 |
|---|---|
| First Delinquent | — |
Appreciation: Market value has risen +380.6% from $1,832,525 (2021) to $8,807,149 (2025), a CAGR of 48.1% 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.
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 $180,237. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Homestead Cap History: This property had an active homestead cap as recently as 2024 ($4,064,709, ~46.2% of market value at the time). The cap has since reset or expired. Verified clear — 2025 Certified Historical data from AJR 2021–2024 (Partial confidence). Current status confirmed by 2025 TCAD Certified Export.
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 40% of market value ($3,529,440 land vs $5,277,709 improvements), about $137/SF of land. Most value sits in the improvements, so building condition, age, and rent roll drive the underwriting.
Submarket Position: At $8,807,149, 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 +38.1% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $46,383,379 by 2031, with an estimated annual tax burden around $279,699. Estimated Forward figures are model projections, not certified — see the 6-Year Projection section for the low/base/high bands.
Delinquent Taxes: $153,274.59 in unpaid taxes . These become a lien on the property and transfer to the buyer at closing unless negotiated otherwise.
1 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| ADDL | Additional Floor | 17,044 SF | ✓ |
| Entity | 2024 Rate | 2025 Rate | Rate Effect |
|---|---|---|---|
| City of Austin | 0.4776% | 0.5240% | +4,088 |
| Travis County | 0.3444% | 0.3758% | +2,765 |
| Austin ISD | 0.9505% | 0.9252% | -2,228 |
| Travis Central Health | 0.1080% | 0.1180% | +885 |
| Austin Community College | 0.1013% | 0.1034% | +185 |
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% | $81,483.74 | $21,227.88 | $60,255.86 |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $46,150.96 | $12,023.09 | $34,127.87 |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $33,101.23 | $8,623.42 | $24,477.81 |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $10,394.46 | $2,707.93 | $7,686.53 |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $9,106.59 | $2,372.41 | $6,734.18 |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $180,236.98 | $46,954.73 | $133,282.25 |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $81,483.74 | 45.2% |
| CAT City of Austin | 0.5240% | $46,150.96 | 25.6% |
| TCO Travis County | 0.3758% | $33,101.23 | 18.4% |
| THD Travis Central Health | 0.1180% | $10,394.46 | 5.8% |
| ACT Austin Community College | 0.1034% | $9,106.59 | 5.1% |
| Total | 2.0465% | $180,236.98 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $9,219,474 | $8,807,149 | +4.7% |
| Assessed Value | $9,219,474 | $8,807,149 | +4.7% |
| Land Value | $3,715,200 | $3,529,440 | +5.3% |
| Improvement Value | $5,504,274 | $5,277,709 | +4.3% |
| Taxable Value | $9,219,474 | $8,807,149 | +4.7% |
| HS Cap Loss | — | -$4,064,709 (2024) | |
| Total Tax 2026 = estimate |
~$188,675
Estimated
|
$180,237 | ⓘ |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $9,219,474 | $3,715,200 | $5,504,274 | — | $9,219,474 | $9,219,474 | Not yet — post-cert | Preliminary |
| 2025 | $8,807,149 | $3,529,440 | $5,277,709 | — | $8,807,149 | $8,807,149 | $180,237 | Verified |
| 2024 | $7,594,149 | $3,529,440 | $4,064,709 | — | $7,594,149 | $7,594,149 | $150,502 | Verified |
| 2023 | $4,384,993 | $3,529,440 | $855,553 | — | $4,384,993 | $4,384,993 | $79,335 | Verified |
| 2022 | $1,764,721 | $1,764,720 | $1 | — | $1,764,721 | $1,764,721 | $34,852 | Verified |
| 2021 | $1,832,525 | $1,764,720 | $67,805 | — | $1,832,525 | $1,832,525 | $39,888 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +4.7% | +4.7% | ~100% | Not available | Partial |
| 2025 | +16.0% | +16.0% | ~100% | 2.0500% | Verified |
| 2024 | +73.2% | +73.2% | ~100% | No billing data | Verified |
| 2023 | +148.5% ! | +148.5% | ~100% | No billing data | Verified |
| 2022 | -3.7% | -3.7% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +380.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +4.7% | +47.7% | +38.1% | +148.5% | 2023 | -3.7% | 2022 |
| 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 | $180,237 | $96,963 | ~$240,557 | $180,237 | 2025 | $34,852 | 2022 |
Market value changed by 148% in 2023, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
This parcel has unpaid taxes on record. Delinquent taxes are a lien on the property and transfer to the buyer at closing unless negotiated otherwise.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$12,736,127 | ~$10,141,421 | ~2.0139% | ~$204,242 | +38.1% |
| 2028 | ~$17,594,164 | ~$11,155,564 | ~1.9814% | ~$221,035 | +90.8% |
| 2029 | ~$24,305,238 | ~$12,271,120 | ~1.9488% | ~$239,144 | +163.6% |
| 2030 | ~$33,576,168 | ~$13,498,232 | ~1.9163% | ~$258,665 | +264.2% |
| 2031 | ~$46,383,379 | ~$14,848,055 | ~1.8837% | ~$279,699 | +403.1% |
| 2027 | ~$12,551,738 | ~$10,141,421 | ~2.0465% | ~$207,543 | +36.1% |
| 2028 | ~$17,088,407 | ~$11,155,564 | ~2.0465% | ~$228,297 | +85.4% |
| 2029 | ~$23,264,798 | ~$12,271,120 | ~2.0465% | ~$251,127 | +152.3% |
| 2030 | ~$31,673,569 | ~$13,498,232 | ~2.0465% | ~$276,239 | +243.6% |
| 2031 | ~$43,121,585 | ~$14,848,055 | ~2.0465% | ~$303,863 | +367.7% |
| 2027 | ~$12,920,517 | ~$10,141,421 | ~1.9977% | ~$202,591 | +40.1% |
| 2028 | ~$18,107,297 | ~$11,155,564 | ~1.9488% | ~$217,404 | +96.4% |
| 2029 | ~$25,376,245 | ~$12,271,120 | ~1.9000% | ~$233,153 | +175.2% |
| 2030 | ~$35,563,222 | ~$13,498,232 | ~1.8512% | ~$249,878 | +285.7% |
| 2031 | ~$49,839,634 | ~$14,848,055 | ~1.8024% | ~$267,617 | +440.6% |
In 2025, this property's market value of $8,807,149 places it in the top 25% for Multi-Family properties in Travis County (12570 comparable) — 17× 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 | $8,807,149 | $438,150 | $519,086 | $747,031 | ↑ Top 25% | -7.5% |
| 2024 | $7,594,149 | $467,312 | $564,206 | $847,583 | ↑ Top 25% | -6.3% |
| 2023 | $4,384,993 | $503,694 | $616,727 | $918,308 | ↑ Top 25% | +0.9% |
| 2022 | $1,764,721 | $506,269 | $614,560 | $904,074 | ↑ Top 25% | +39.0% |
| 2021 | $1,832,525 | $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 | Verified |
| PIR bulk billing export | Prior-year tax billing, Travis County Tax Office | 2021, 2022, 2023, 2024 | Verified |
| TaxDelqOpenData ↗ | Delinquent-account status and balance due | As of June 20, 2026 — balance grows monthly (Tax Code §33.01) | Verified |
| Satellite imagery (Esri World Imagery) | Aerial view of the parcel | Located by geocoding this parcel's address — may not resolve for every address | — |