2217 S 1 ST TX 78704
| Owner | 2013 TRAVIS FIRST STREET LLC |
|---|---|
| Parcel ID | 0403010236 |
| Short ID | 305028 |
| Type | Real |
| Use Code | 02 Duplex |
| Valuation | Cost |
| Improvement SF | 1,078 SF |
| Land SF | 11,091 SF |
| Acres | 0.255 |
| Year Built | 1946 |
| Legal | 55X205 FT AV BLK 2 FAULKS SUBD |
| Neighborhood | K1005 |
| Land | $1,663,650 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,663,650 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $1,330,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,330,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,330,000 |
| Taxable Value | $1,330,000 |
|---|
Appreciation: Market value has risen +122.3% from $598,211 (2021) to $1,330,000 (2025), a CAGR of 22.1% 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 $27,218. 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 cost approach, tied more to replacement cost and physical condition than to income performance.
Value Composition: Land carries 125% of market value ($1,663,650 land vs $0 improvements), about $150/SF of land. With value concentrated in the land under a ~80-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 $1,330,000, 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 +17.4% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $2,965,193 by 2031, with an estimated annual tax burden around $40,405. 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.
4 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 1,078 SF | ✓ |
| 095 | HVAC RESIDENTIAL | 1,078 SF | ✗ |
| 011 | PORCH OPEN 1ST F | 112 SF | ✗ |
| 251 | BATHROOM | 2 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% | $12,305.16 | $12,305.16 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $6,969.43 | $6,969.43 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $4,998.74 | $4,998.74 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,569.71 | $1,569.71 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,375.22 | $1,375.22 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $27,218.26 | $27,218.26 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $12,305.16 | 45.2% |
| CAT City of Austin | 0.5240% | $6,969.43 | 25.6% |
| TCO Travis County | 0.3758% | $4,998.74 | 18.4% |
| THD Travis Central Health | 0.1180% | $1,569.71 | 5.8% |
| ACT Austin Community College | 0.1034% | $1,375.22 | 5.1% |
| Total | 2.0465% | $27,218.26 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,331,845 | $1,330,000 | +0.1% |
| Assessed Value | $1,331,845 | $1,330,000 | +0.1% |
| Land Value | $1,663,650 | $1,663,650 | +0.0% |
| Improvement Value | — | — | — |
| Taxable Value | $1,331,845 | $1,330,000 | +0.1% |
| Total Tax 2026 = estimate |
~$27,256
Estimated
|
~$27,218
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $1,331,845 | $1,663,650 | — | — | $1,331,845 | $1,331,845 | Not yet — post-cert | Preliminary |
| 2025 | $1,330,000 | $1,663,650 | — | — | $1,330,000 | $1,330,000 | ~$27,218 | Partial |
| 2024 | $1,330,000 | $1,663,650 | — | — | $1,330,000 | $1,330,000 | $26,358 | Verified |
| 2023 | $1,330,000 | $1,663,650 | — | — | $1,330,000 | $1,330,000 | $24,063 | Verified |
| 2022 | $891,275 | $757,625 | $133,650 | — | $891,275 | $891,275 | $17,602 | Verified |
| 2021 | $598,211 | $496,375 | $101,836 | — | $598,211 | $598,211 | $12,877 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.1% | +0.1% | ~100% | Not available | Partial |
| 2025 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2024 | +0.0% | +0.0% | ~100% | No billing data | Verified |
| 2023 | +49.2% | +49.2% | ~100% | No billing data | Verified |
| 2022 | +49.0% | +49.0% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +122.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.1% | +19.7% | +17.4% | +49.2% | 2023 | +0.0% | 2024 |
| 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 |
$27,218 | $21,624 | ~$34,751 | $27,218 | 2025 | $12,877 | 2021 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$1,563,052 | ~$1,465,030 | ~2.0139% | ~$29,505 | +17.4% |
| 2028 | ~$1,834,397 | ~$1,611,532 | ~1.9814% | ~$31,931 | +37.7% |
| 2029 | ~$2,152,847 | ~$1,772,686 | ~1.9488% | ~$34,547 | +61.6% |
| 2030 | ~$2,526,580 | ~$1,949,954 | ~1.9163% | ~$37,367 | +89.7% |
| 2031 | ~$2,965,193 | ~$2,144,950 | ~1.8837% | ~$40,405 | +122.6% |
| 2027 | ~$1,536,416 | ~$1,465,030 | ~2.0465% | ~$29,982 | +15.4% |
| 2028 | ~$1,772,408 | ~$1,611,532 | ~2.0465% | ~$32,980 | +33.1% |
| 2029 | ~$2,044,649 | ~$1,772,686 | ~2.0465% | ~$36,278 | +53.5% |
| 2030 | ~$2,358,705 | ~$1,949,954 | ~2.0465% | ~$39,906 | +77.1% |
| 2031 | ~$2,721,001 | ~$2,144,950 | ~2.0465% | ~$43,896 | +104.3% |
| 2027 | ~$1,589,689 | ~$1,465,030 | ~1.9977% | ~$29,266 | +19.4% |
| 2028 | ~$1,897,452 | ~$1,611,532 | ~1.9488% | ~$31,406 | +42.5% |
| 2029 | ~$2,264,798 | ~$1,772,686 | ~1.9000% | ~$33,681 | +70.0% |
| 2030 | ~$2,703,261 | ~$1,949,954 | ~1.8512% | ~$36,097 | +103.0% |
| 2031 | ~$3,226,610 | ~$2,144,950 | ~1.8024% | ~$38,660 | +142.3% |
In 2025, this property's market value of $1,330,000 places it in the top 25% for Multi-Family properties in Travis County (12570 comparable) — +156% 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 | $1,330,000 | $438,150 | $519,086 | $747,031 | ↑ Top 25% | -7.5% |
| 2024 | $1,330,000 | $467,312 | $564,206 | $847,583 | ↑ Top 25% | -6.3% |
| 2023 | $1,330,000 | $503,694 | $616,727 | $918,308 | ↑ Top 25% | +0.9% |
| 2022 | $891,275 | $506,269 | $614,560 | $904,074 | ↑ Above median | +39.0% |
| 2021 | $598,211 | $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 | — |