2209 1 ST 328 78704
| Owner | MATTHEWS CONNOR |
|---|---|
| Parcel ID | 0403011488 |
| Short ID | 972522 |
| Type | Real |
| Use Code | 15 Condominium (Stacked) |
| Valuation | Cost |
| Improvement SF | 1,323 SF |
| Land SF | 1,283 SF |
| Acres | 0.029 |
| Year Built | 2023 |
| Legal | ONE OAK CONDOMINIUMS UNT 328 PLUS 1.0961 % INT IN COM AREA |
| Neighborhood | K1S6BC |
| Land | $192,437 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $192,437 |
| Improvement | $625,179 |
|---|---|
| Total Improvement | $625,179 |
| Market | $817,616 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $817,616 |
| Value Limitation Adjustment (−) (homestead cap) | −$201,980 |
| Net Appraised (assessed) | $615,636 |
| Taxable Value | $615,636 |
|---|
Appreciation: Market value has risen +431.1% from $153,950 (2023) to $817,616 (2025), a CAGR of 130.5% over 2 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2024→2025), not a steady climb — worth checking what drove that reappraisal rather than assuming a smooth trend.
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 $12,599. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Assessment Gap: Assessed value ($615,636) is $201,980 below market value, suggesting potential for an upward assessment in future years.
Asset Class: O. This is valued using the cost approach, tied more to replacement cost and physical condition than to income performance.
Value Composition: Land carries 24% of market value ($192,437 land vs $625,179 improvements), about $150/SF of land. Most value sits in the improvements, so building condition, age (~3 yrs), and rent roll drive the underwriting.
Forward Outlook: Holding the +72.2% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $11,880,714 by 2031, with an estimated annual tax burden around $23,832. 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 | 1,323 SF | ✓ |
| 095 | HVAC RESIDENTIAL | 1,323 SF | ✗ |
| 251 | BATHROOM | 2 SF | ✓ |
| 252 | BEDROOMS | 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% | $4,662.25 | $4,662.25 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $2,640.62 | $2,640.62 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,893.95 | $1,893.95 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $594.74 | $594.74 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $521.05 | $521.05 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $10,312.61 | $10,312.61 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $4,662.25 | 45.2% |
| CAT City of Austin | 0.5240% | $2,640.62 | 25.6% |
| TCO Travis County | 0.3758% | $1,893.95 | 18.4% |
| THD Travis Central Health | 0.1180% | $594.74 | 5.8% |
| ACT Austin Community College | 0.1034% | $521.05 | 5.1% |
| Total | 2.0465% | $10,312.61 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $785,558 | $817,616 | -3.9% |
| Assessed Value | $785,558 | $615,636 | +27.6% |
| Land Value | $144,327 | $192,437 | -25.0% |
| Improvement Value | $641,231 | $625,179 | +2.6% |
| Taxable Value | $785,558 | $615,636 | +27.6% |
| Total Tax 2026 = estimate |
~$16,076
Estimated
|
~$10,313
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $785,558 | $144,327 | $641,231 | — | $785,558 | $785,558 | Not yet — post-cert | Preliminary |
| 2025 | $817,616 | $192,437 | $625,179 | −$201,980 | $615,636 | $615,636 | ~$10,313 | Partial |
| 2024 | $200,556 | $192,437 | $8,119 | — | $200,556 | $200,556 | $3,975 | Verified |
| 2023 | $153,950 | $192,437 | — | — | $153,950 | $153,950 | $2,785 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -3.9% | +27.6% | ~100% | Not available | Partial |
| 2025 | +307.7% ! | +207.0% | 75.3% | Not available | Partial |
| 2024 | +30.3% | +30.3% | ~100% | No billing data | Verified |
| 2023 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +431.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -3.9% | +111.4% | +72.2% | +307.7% | 2025 | -3.9% | 2026 |
| Assessment Ratio | 100.0% | 93.8% | — | 100.0% | 2023 | 75.3% | 2025 |
| Effective Tax Rate (2025) | 1.2600% | 1.2600% | — | 1.2600% | 2025 | 1.2600% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$10,313 | $5,691 | ~$20,497 | $10,313 | 2025 | $2,785 | 2023 |
Market value changed by 308% in 2025, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$1,352,419 | ~$864,114 | ~2.0139% | ~$17,403 | +72.2% |
| 2028 | ~$2,328,327 | ~$950,525 | ~1.9814% | ~$18,834 | +196.4% |
| 2029 | ~$4,008,453 | ~$1,045,578 | ~1.9488% | ~$20,377 | +410.3% |
| 2030 | ~$6,900,963 | ~$1,150,135 | ~1.9163% | ~$22,040 | +778.5% |
| 2031 | ~$11,880,714 | ~$1,265,149 | ~1.8837% | ~$23,832 | +1412.4% |
| 2027 | ~$1,336,707 | ~$864,114 | ~2.0465% | ~$17,684 | +70.2% |
| 2028 | ~$2,274,544 | ~$950,525 | ~2.0465% | ~$19,452 | +189.5% |
| 2029 | ~$3,870,370 | ~$1,045,578 | ~2.0465% | ~$21,398 | +392.7% |
| 2030 | ~$6,585,831 | ~$1,150,135 | ~2.0465% | ~$23,537 | +738.4% |
| 2031 | ~$11,206,466 | ~$1,265,149 | ~2.0465% | ~$25,891 | +1326.6% |
| 2027 | ~$1,368,130 | ~$864,114 | ~1.9977% | ~$17,262 | +74.2% |
| 2028 | ~$2,382,738 | ~$950,525 | ~1.9488% | ~$18,524 | +203.3% |
| 2029 | ~$4,149,782 | ~$1,045,578 | ~1.9000% | ~$19,866 | +428.3% |
| 2030 | ~$7,227,270 | ~$1,150,135 | ~1.8512% | ~$21,291 | +820.0% |
| 2031 | ~$12,587,031 | ~$1,265,149 | ~1.8024% | ~$22,803 | +1502.3% |
| 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 | 2023–2024 | 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 | 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 | — |