611 BAYLOR ST TX 78703
| Owner | GARCIA SANDY |
|---|---|
| Parcel ID | 0108010905 |
| Short ID | 106580 |
| Type | Real |
| Use Code | 04 Fourplex |
| Valuation | Income |
| Improvement SF | 2,536 SF |
| Land SF | 7,838 SF |
| Acres | 0.180 |
| Year Built | 1940 |
| Legal | LOT 6 BLK D OLT 2 DIV Z LEDBETTER & GREATHOUSE |
| Neighborhood | Z3005 |
| Land | $1,261,055 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,261,055 |
| Improvement | $277,076 |
|---|---|
| Total Improvement | $277,076 |
| Market | $1,538,131 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,538,131 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,538,131 |
| Taxable Value | $1,538,131 |
|---|
Appreciation: Market value has risen +56.7% from $981,747 (2021) to $1,538,131 (2025), a CAGR of 11.9% 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 $31,478. 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 82% of market value ($1,261,055 land vs $277,076 improvements), about $161/SF of land. With value concentrated in the land under a ~86-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 $1,538,131, 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 +11.9% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,696,097 by 2030, with an estimated annual tax burden around $46,664. 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.
6 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 2,750 SF | ✗ |
| 1ST | 1st Floor | 1,560 SF | ✓ |
| 2ND | 2nd Floor | 976 SF | ✓ |
| 011 | PORCH OPEN 1ST F | 88 SF | ✗ |
| 413 | STAIRWAY EXT | 2 SF | ✓ |
| 132 | PLBG 5-FIXT AVG | 1 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% | $14,230.79 | $14,230.79 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $8,060.07 | $8,060.07 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $5,780.99 | $5,780.99 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,815.35 | $1,815.35 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,590.43 | $1,590.43 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $31,477.63 | $31,477.63 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,176,985 | $1,538,131 | -23.5% |
| Assessed Value | $1,176,985 | $1,538,131 | -23.5% |
| Land Value | $1,176,984 | $1,261,055 | -6.7% |
| Improvement Value | $1 | $277,076 | -100.0% |
| Taxable Value | $1,176,985 | $1,538,131 | -23.5% |
| Total Tax 2026 = estimate |
~$24,087
Estimated
|
~$31,478
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,334,649 | $1,176,985 | -157,664 (-11.8%) |
| Taxable Value | $1,334,649 | $1,176,985 | -157,664 (-11.8%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,176,985 | $1,176,984 | $1 | — | $1,176,985 | $1,176,985 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,538,131 | $1,261,055 | $277,076 | — | $1,538,131 | $1,538,131 | ~$31,478 | Partial |
| 2024 | $1,700,906 | — | — | −$575,906 | $1,125,000 | $— | $32,037 | Verified |
| 2023 | $1,668,205 | — | — | −$486,955 | $1,181,250 | $— | $30,774 | Verified |
| 2022 | $1,113,900 | — | — | — | $1,181,250 ! | $— | $32,946 | Verified |
| 2021 | $981,747 | — | — | −$299,247 | $682,500 | $— | $24,246 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -13.2% | -13.2% | ~100% | Not available | Partial |
| 2025 | -4.9% | -4.9% | ~100% | Not available | Partial |
| 2024 | -5.0% | -5.0% | ~100% | 1.9800% | Verified |
| 2023 | -5.4% | -5.4% | ~100% | 1.8100% | Verified |
| 2022 | +61.4% | +61.4% | ~100% | 1.8300% | Verified |
| 2021 | base year | — | ~100% | 2.4700% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +38.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -23.5% | +6.4% | +18.7% | +49.8% | 2023 | -23.5% | 2026 |
| Assessment Ratio | 100.0% | 85.4% | — | 106.0% | 2022 | 66.1% | 2024 |
| 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 |
$31,478 | $30,296 | ~$40,133 | $32,946 | 2022 | $24,246 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,720,845 | ~$1,691,944 | ~2.0139% | ~$34,075 | +11.9% |
| 2027 | ~$1,925,264 | ~$1,861,139 | ~1.9814% | ~$36,876 | +25.2% |
| 2028 | ~$2,153,965 | ~$2,047,252 | ~1.9488% | ~$39,898 | +40.0% |
| 2029 | ~$2,409,834 | ~$2,251,978 | ~1.9163% | ~$43,154 | +56.7% |
| 2030 | ~$2,696,097 | ~$2,477,175 | ~1.8837% | ~$46,664 | +75.3% |
| 2026 | ~$1,690,082 | ~$1,690,082 | ~2.0465% | ~$34,587 | +9.9% |
| 2027 | ~$1,857,045 | ~$1,857,045 | ~2.0465% | ~$38,004 | +20.7% |
| 2028 | ~$2,040,502 | ~$2,040,502 | ~2.0465% | ~$41,759 | +32.7% |
| 2029 | ~$2,242,082 | ~$2,242,082 | ~2.0465% | ~$45,884 | +45.8% |
| 2030 | ~$2,463,577 | ~$2,463,577 | ~2.0465% | ~$50,417 | +60.2% |
| 2026 | ~$1,751,608 | ~$1,691,944 | ~1.9977% | ~$33,799 | +13.9% |
| 2027 | ~$1,994,713 | ~$1,861,139 | ~1.9488% | ~$36,271 | +29.7% |
| 2028 | ~$2,271,558 | ~$2,047,252 | ~1.9000% | ~$38,898 | +47.7% |
| 2029 | ~$2,586,827 | ~$2,251,978 | ~1.8512% | ~$41,688 | +68.2% |
| 2030 | ~$2,945,852 | ~$2,477,175 | ~1.8024% | ~$44,648 | +91.5% |
In 2025, this property's market value of $1,538,131 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — +196% 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 | $1,538,131 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $1,700,906 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $1,668,205 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $1,113,900 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $981,747 | $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.