708 S 1 ST TX 78704
| Owner | WHIMSICAL NOTIONS INC |
|---|---|
| Parcel ID | 0102010606 |
| Short ID | 101699 |
| Type | Real |
| Use Code | 04 Fourplex |
| Valuation | Income |
| Improvement SF | 3,912 SF |
| Land SF | 9,200 SF |
| Acres | 0.211 |
| Year Built | 1981 |
| Legal | LOT 5 PARKER J T |
| Neighborhood | K1005 |
| Land | $621,000 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $621,000 |
| Improvement | $398,896 |
|---|---|
| Total Improvement | $398,896 |
| Market | $1,019,896 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,019,896 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,019,896 |
| Taxable Value | $1,019,896 |
|---|
Appreciation: Market value has risen +26.0% from $809,300 (2021) to $1,019,896 (2025), a CAGR of 6.0% over 4 years. This represents moderate, steady growth. 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 lagged 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 $20,872. 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 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 61% of market value ($621,000 land vs $398,896 improvements), about $68/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $1,019,896, 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 +6.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,361,802 by 2030, with an estimated annual tax burden around $25,653. 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.
10 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 095 | HVAC RESIDENTIAL | 3,912 SF | ✗ |
| 551 | PAVED AREA | 3,600 SF | ✗ |
| 1ST | 1st Floor | 2,212 SF | ✓ |
| 2ND | 2nd Floor | 1,700 SF | ✓ |
| SO | Sketch Only | 608 SF | ✗ |
| 612 | TERRACE UNCOVERD | 320 SF | ✗ |
| 011 | PORCH OPEN 1ST F | 168 SF | ✗ |
| 512 | DECK UNCOVRED | 120 SF | ✗ |
| 251 | BATHROOM | 6 SF | ✓ |
| 522 | FIREPLACE | 4 SF | ✓ |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| 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% | $9,436.08 | $9,436.08 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $5,344.43 | $5,344.43 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,833.23 | $3,833.23 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,203.71 | $1,203.71 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,054.57 | $1,054.57 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $20,872.02 | $20,872.02 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $740,000 | $1,019,896 | -27.4% |
| Assessed Value | $740,000 | $1,019,896 | -27.4% |
| Land Value | $621,000 | $621,000 | +0.0% |
| Improvement Value | $119,000 | $398,896 | -70.2% |
| Taxable Value | $740,000 | $1,019,896 | -27.4% |
| Total Tax 2026 = estimate |
~$15,144
Estimated
|
~$20,872
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $918,647 | $740,000 | -178,647 (-19.4%) |
| Taxable Value | $918,647 | $740,000 | -178,647 (-19.4%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $740,000 | $621,000 | $119,000 | — | $740,000 | $740,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,019,896 | $621,000 | $398,896 | — | $1,019,896 | $1,019,896 | ~$20,872 | Partial |
| 2024 | $1,342,717 | — | — | −$581,467 | $761,250 | $— | $20,212 | Verified |
| 2023 | $1,342,717 | — | — | −$581,467 | $761,250 | $— | $24,293 | Verified |
| 2022 | $882,700 | — | — | −$121,450 | $761,250 | $— | $26,518 | Verified |
| 2021 | $809,300 | — | — | −$310,550 | $498,750 | $— | $19,214 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -9.9% | -9.9% | ~100% | Not available | Partial |
| 2025 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2024 | -24.0% | -24.0% | ~100% | 1.9800% | Verified |
| 2023 | +0.0% | +0.0% | ~100% | 1.8100% | Verified |
| 2022 | +52.1% | +52.1% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.3700% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +15.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -27.4% | +2.0% | +14.0% | +52.1% | 2023 | -27.4% | 2026 |
| Assessment Ratio | 100.0% | 76.9% | — | 100.0% | 2025 | 56.7% | 2023 |
| 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 |
$20,872 | $22,222 | ~$23,675 | $26,518 | 2022 | $19,214 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,080,606 | ~$1,080,606 | ~2.0139% | ~$21,763 | +6.0% |
| 2027 | ~$1,144,930 | ~$1,144,930 | ~1.9814% | ~$22,686 | +12.3% |
| 2028 | ~$1,213,083 | ~$1,213,083 | ~1.9488% | ~$23,641 | +18.9% |
| 2029 | ~$1,285,293 | ~$1,285,293 | ~1.9163% | ~$24,630 | +26.0% |
| 2030 | ~$1,361,802 | ~$1,361,802 | ~1.8837% | ~$25,653 | +33.5% |
| 2026 | ~$1,060,208 | ~$1,060,208 | ~2.0465% | ~$21,697 | +4.0% |
| 2027 | ~$1,102,114 | ~$1,102,114 | ~2.0465% | ~$22,555 | +8.1% |
| 2028 | ~$1,145,676 | ~$1,145,676 | ~2.0465% | ~$23,446 | +12.3% |
| 2029 | ~$1,190,960 | ~$1,190,960 | ~2.0465% | ~$24,373 | +16.8% |
| 2030 | ~$1,238,034 | ~$1,238,034 | ~2.0465% | ~$25,336 | +21.4% |
| 2026 | ~$1,101,004 | ~$1,101,004 | ~1.9977% | ~$21,994 | +8.0% |
| 2027 | ~$1,188,563 | ~$1,188,563 | ~1.9488% | ~$23,163 | +16.5% |
| 2028 | ~$1,283,084 | ~$1,283,084 | ~1.9000% | ~$24,379 | +25.8% |
| 2029 | ~$1,385,123 | ~$1,385,123 | ~1.8512% | ~$25,641 | +35.8% |
| 2030 | ~$1,495,276 | ~$1,495,276 | ~1.8024% | ~$26,950 | +46.6% |
In 2025, this property's market value of $1,019,896 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — +96% 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 | $1,019,896 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $1,342,717 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $1,342,717 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $882,700 | $506,618 | $615,058 | $906,429 | ↑ Above median | +39.1% |
| 2021 | $809,300 | $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.