2005 WESTRIDGE DR AUSTIN, TX 78704
| Owner | JACKSON JEFFREY & OLGA PETROVA |
|---|---|
| Parcel ID | 0101090212 |
| Short ID | 101077 |
| Type | Real |
| Use Code | 02 Duplex |
| Valuation | Cost |
| Improvement SF | 3,093 SF |
| Land SF | 8,094 SF |
| Acres | 0.186 |
| Year Built | 1975 |
| Legal | LOT J CHULA VISTA |
| Neighborhood | L1005 |
| Land | $626,520 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $626,520 |
| Improvement | $342,151 |
|---|---|
| Total Improvement | $342,151 |
| Market | $968,671 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $968,671 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $968,671 |
| Taxable Value | $968,671 |
|---|
Appreciation: Market value has risen +77.7% from $545,164 (2021) to $968,671 (2025), a CAGR of 15.5% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2022→2023), 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 +37.9%, 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 $19,824. Austin ISD is the largest single contributor, at 44.4% 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 65% of market value ($626,520 land vs $342,151 improvements), about $77/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $968,671, this parcel sits in the top quartile (≥75th percentile) of Multi-Family property in Travis County — county median $519,778 (P25 $438,669 / P75 $749,859, n=12,584). 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 +15.4% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,987,182 by 2030, with an estimated annual tax burden around $29,387. 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.
13 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 095 | HVAC RESIDENTIAL | 3,093 SF | ✗ |
| 1ST | 1st Floor | 1,842 SF | ✓ |
| 2ND | 2nd Floor | 768 SF | ✓ |
| 512 | DECK UNCOVRED | 662 SF | ✗ |
| FBSMT | Finished Basement | 483 SF | ✓ |
| 061 | CARPORT ATT 1ST | 306 SF | ✗ |
| 631 | PORCH CLOS UNFIN | 231 SF | ✓ |
| 011 | PORCH OPEN 1ST F | 118 SF | ✗ |
| 012 | PORCH OPEN 2ND F | 118 SF | ✗ |
| 581 | STORAGE ATT | 54 SF | ✓ |
| 251 | BATHROOM | 4 SF | ✓ |
| 522 | FIREPLACE | 2 SF | ✓ |
| 413 | STAIRWAY EXT | 1 SF | ✓ |
Market value changed by 112% in 2022, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| 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% | $7,666.86 | $7,666.86 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $4,436.43 | $4,436.43 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,181.98 | $3,181.98 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $999.21 | $999.21 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $995.30 | $995.30 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $17,279.78 | $17,279.78 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $905,982 | $968,671 | -6.5% |
| Assessed Value | $905,982 | $968,671 | -6.5% |
| Land Value | $626,520 | $626,520 | +0.0% |
| Improvement Value | $279,462 | $342,151 | -18.3% |
| Taxable Value | $791,828 | $968,671 | -18.3% |
| Exemptions | HS | H | |
| Total Tax 2026 = estimate |
~$16,205
Estimated
|
~$17,280
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $905,982 | $905,982 | +0 (+0.0%) |
| Taxable Value | $791,828 | $791,828 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $905,982 | $626,520 | $279,462 | — | $905,982 | $791,828 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $968,671 | $626,520 | $342,151 | — | $968,671 | $968,671 | ~$17,280 | Partial |
| 2024 | $1,397,700 | — | — | −$497,700 | $900,000 | $— | $12,136 | Verified |
| 2023 | $1,441,502 | — | — | −$491,502 | $950,000 | $— | $14,123 | Verified |
| 2022 | $680,479 | — | — | — | $950,000 ! | $— | $16,202 | Verified |
| 2021 | $545,164 | — | — | −$120,164 | $425,000 | $— | $12,670 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -6.5% | -6.5% | ~100% | Not available | Partial |
| 2025 | +0.6% | +12.8% | ~100% | Not available | Partial |
| 2024 | -31.1% | -11.8% | 89.2% | 1.2600% | Verified |
| 2023 | -3.0% | +2.7% | 69.7% | 1.0100% | Verified |
| 2022 | +111.8% ! | +50.7% | 65.8% | 1.1200% | Verified |
| 2021 | base year | — | 92.5% | 2.3200% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +42.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -6.5% | +19.3% | +17.1% | +111.8% | 2023 | -30.7% | 2025 |
| Assessment Ratio | 100.0% | 91.3% | — | 139.6% | 2022 | 64.4% | 2024 |
| Effective Tax Rate (2025) | 1.7800% | 1.7800% | — | 1.7800% | 2025 | 1.7800% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$17,280 | $14,482 | ~$25,275 | $17,280 | 2025 | $12,136 | 2024 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,118,378 | ~$1,065,538 | ~2.0139% | ~$21,459 | +15.5% |
| 2027 | ~$1,291,222 | ~$1,172,092 | ~1.9814% | ~$23,224 | +33.3% |
| 2028 | ~$1,490,779 | ~$1,289,301 | ~1.9488% | ~$25,126 | +53.9% |
| 2029 | ~$1,721,177 | ~$1,418,231 | ~1.9163% | ~$27,177 | +77.7% |
| 2030 | ~$1,987,182 | ~$1,560,054 | ~1.8837% | ~$29,387 | +105.1% |
| 2026 | ~$1,099,004 | ~$1,065,538 | ~2.0465% | ~$21,806 | +13.5% |
| 2027 | ~$1,246,874 | ~$1,172,092 | ~2.0465% | ~$23,987 | +28.7% |
| 2028 | ~$1,414,640 | ~$1,289,301 | ~2.0465% | ~$26,385 | +46.0% |
| 2029 | ~$1,604,978 | ~$1,418,231 | ~2.0465% | ~$29,024 | +65.7% |
| 2030 | ~$1,820,925 | ~$1,560,054 | ~2.0465% | ~$31,926 | +88.0% |
| 2026 | ~$1,137,751 | ~$1,065,538 | ~1.9977% | ~$21,286 | +17.5% |
| 2027 | ~$1,336,344 | ~$1,172,092 | ~1.9488% | ~$22,842 | +38.0% |
| 2028 | ~$1,569,602 | ~$1,289,301 | ~1.9000% | ~$24,497 | +62.0% |
| 2029 | ~$1,843,574 | ~$1,418,231 | ~1.8512% | ~$26,254 | +90.3% |
| 2030 | ~$2,165,367 | ~$1,560,054 | ~1.8024% | ~$28,118 | +123.5% |
In 2025, this property's market value of $968,671 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — +86% above the county median of $519,778. 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 | $968,671 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $1,397,700 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $1,441,502 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $680,479 | $506,618 | $615,058 | $906,429 | ↑ Above median | +39.1% |
| 2021 | $545,164 | $300,453 | $376,850 | $539,896 | ↑ Top 25% | base yr |
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.