803 OAKLAND AVE TX 78703
| Owner | MITCHELL GEORGE WADE |
|---|---|
| Parcel ID | 0108031116 |
| Short ID | 106747 |
| Type | Real |
| Use Code | 03 Triplex |
| Valuation | Income |
| Improvement SF | 1,780 SF |
| Land SF | 6,914 SF |
| Acres | 0.159 |
| Year Built | 1940 |
| Legal | S 27.5 FT OF LOT 2 *& 42.5 FT OF LOT 3 BLK A OLT 3 DIV Z TERRACE PARK |
| Neighborhood | Z3005 |
| Land | $823,389 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $823,389 |
| Improvement | $274,580 |
|---|---|
| Total Improvement | $274,580 |
| Market | $1,097,969 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,097,969 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,097,969 |
| Taxable Value | $1,097,969 |
|---|
Appreciation: Market value has risen +46.3% from $750,312 (2021) to $1,097,969 (2025), a CAGR of 10.0% 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 $22,470. 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 75% of market value ($823,389 land vs $274,580 improvements), about $119/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 $1,097,969, 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 +10.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,767,158 by 2030, with an estimated annual tax burden around $33,289. 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 | 1,780 SF | ✓ |
| 551 | PAVED AREA | 1,540 SF | ✗ |
| 011 | PORCH OPEN 1ST F | 68 SF | ✗ |
| 251 | BATHROOM | 3 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% | $10,158.41 | $10,158.41 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $5,753.54 | $5,753.54 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $4,126.66 | $4,126.66 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,295.86 | $1,295.86 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,135.30 | $1,135.30 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $22,469.77 | $22,469.77 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,153,000 | $1,097,969 | +5.0% |
| Assessed Value | $1,153,000 | $1,097,969 | +5.0% |
| Land Value | $768,497 | $823,389 | -6.7% |
| Improvement Value | $384,503 | $274,580 | +40.0% |
| Taxable Value | $1,153,000 | $1,097,969 | +5.0% |
| Total Tax 2026 = estimate |
~$23,596
Estimated
|
~$22,470
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,176,951 | $1,153,000 | -23,951 (-2.0%) |
| Taxable Value | $1,176,951 | $1,153,000 | -23,951 (-2.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,153,000 | $768,497 | $384,503 | — | $1,153,000 | $1,153,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,097,969 | $823,389 | $274,580 | — | $1,097,969 | $1,097,969 | ~$22,470 | Partial |
| 2024 | $1,134,692 | — | — | −$384,692 | $750,000 | $— | $22,767 | Verified |
| 2023 | $1,156,612 | — | — | −$406,612 | $750,000 | $— | $20,529 | Verified |
| 2022 | $776,745 | — | — | −$26,745 | $750,000 | $— | $22,842 | Verified |
| 2021 | $750,312 | — | — | −$250,312 | $500,000 | $— | $16,907 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +7.2% | +7.2% | ~100% | Not available | Partial |
| 2025 | -4.4% | -4.4% | ~100% | Not available | Partial |
| 2024 | +1.2% | +1.2% | ~100% | 1.9800% | Verified |
| 2023 | -1.9% | -1.9% | ~100% | 1.8100% | Verified |
| 2022 | +48.9% | +48.9% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.2500% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +41.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +5.0% | +10.5% | +8.9% | +48.9% | 2023 | -3.2% | 2025 |
| Assessment Ratio | 100.0% | 82.3% | — | 100.0% | 2025 | 64.8% | 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 |
$22,470 | $21,103 | ~$28,637 | $22,842 | 2022 | $16,907 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,207,611 | ~$1,207,611 | ~2.0139% | ~$24,321 | +10.0% |
| 2027 | ~$1,328,202 | ~$1,328,202 | ~1.9814% | ~$26,317 | +21.0% |
| 2028 | ~$1,460,835 | ~$1,460,835 | ~1.9488% | ~$28,469 | +33.0% |
| 2029 | ~$1,606,713 | ~$1,606,713 | ~1.9163% | ~$30,789 | +46.3% |
| 2030 | ~$1,767,158 | ~$1,767,158 | ~1.8837% | ~$33,289 | +60.9% |
| 2026 | ~$1,185,652 | ~$1,185,652 | ~2.0465% | ~$24,264 | +8.0% |
| 2027 | ~$1,280,337 | ~$1,280,337 | ~2.0465% | ~$26,202 | +16.6% |
| 2028 | ~$1,382,583 | ~$1,382,583 | ~2.0465% | ~$28,294 | +25.9% |
| 2029 | ~$1,492,995 | ~$1,492,995 | ~2.0465% | ~$30,554 | +36.0% |
| 2030 | ~$1,612,224 | ~$1,612,224 | ~2.0465% | ~$32,994 | +46.8% |
| 2026 | ~$1,229,571 | ~$1,207,766 | ~1.9977% | ~$24,127 | +12.0% |
| 2027 | ~$1,376,946 | ~$1,328,542 | ~1.9488% | ~$25,891 | +25.4% |
| 2028 | ~$1,541,985 | ~$1,461,397 | ~1.9000% | ~$27,767 | +40.4% |
| 2029 | ~$1,726,806 | ~$1,607,536 | ~1.8512% | ~$29,759 | +57.3% |
| 2030 | ~$1,933,780 | ~$1,768,290 | ~1.8024% | ~$31,871 | +76.1% |
In 2025, this property's market value of $1,097,969 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — +111% 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 | $1,097,969 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $1,134,692 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $1,156,612 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $776,745 | $506,618 | $615,058 | $906,429 | ↑ Above median | +39.1% |
| 2021 | $750,312 | $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.