703 BROWNLEE CIR TX 78703
| Owner | OVERTON LIVING TRUST |
|---|---|
| Parcel ID | 0108031502 |
| Short ID | 106838 |
| Type | Real |
| Use Code | 02 Duplex |
| Valuation | Cost |
| Improvement SF | 2,313 SF |
| Land SF | 7,918 SF |
| Acres | 0.182 |
| Year Built | 1971 |
| Legal | LOT 33 PARK VIEW |
| Neighborhood | Z3005 |
| Land | $842,217 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $842,217 |
| Improvement | $230,783 |
|---|---|
| Total Improvement | $230,783 |
| Market | $1,073,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,073,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,073,000 |
| Exemptions (−) (HS) | −$130,906 |
|---|---|
| Taxable Value | $942,094 |
Appreciation: Market value has risen +19.7% from $896,400 (2021) to $1,073,000 (2025), a CAGR of 4.6% 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 $19,280. Austin ISD is the largest single contributor, at 44.7% 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 78% of market value ($842,217 land vs $230,783 improvements), about $106/SF of land. With value concentrated in the land under a ~55-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 $1,073,000, 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 +4.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,343,452 by 2030, with an estimated annual tax burden around $25,307. 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.
9 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 2,313 SF | ✓ |
| 095 | HVAC RESIDENTIAL | 2,313 SF | ✗ |
| 041 | GARAGE ATT 1ST F | 556 SF | ✓ |
| 011 | PORCH OPEN 1ST F | 286 SF | ✗ |
| 512 | DECK UNCOVRED | 238 SF | ✗ |
| 630 | PORCH CLOS FIN | 104 SF | ✓ |
| 612 | TERRACE UNCOVERD | 30 SF | ✗ |
| 251 | BATHROOM | 2 SF | ✓ |
| 522 | FIREPLACE | 2 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% | $8,632.12 | $8,632.12 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $4,936.73 | $4,936.73 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,540.81 | $3,540.81 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,111.89 | $1,111.89 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,102.71 | $1,102.71 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $19,324.26 | $19,324.26 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $786,071 | $1,073,000 | -26.7% |
| Assessed Value | $786,071 | $1,073,000 | -26.7% |
| Land Value | $786,070 | $842,217 | -6.7% |
| Improvement Value | $1 | $230,783 | -100.0% |
| Taxable Value | $690,170 | $942,094 | -26.7% |
| Exemptions | HS | HS | |
| Total Tax 2026 = estimate |
~$14,124
Estimated
|
~$19,324
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $956,292 | $786,071 | -170,221 (-17.8%) |
| Taxable Value | $839,625 | $690,170 | -149,455 (-17.8%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $786,071 | $786,070 | $1 | — | $786,071 | $690,170 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,073,000 | $842,217 | $230,783 | — | $1,073,000 | $942,094 | ~$19,324 | Partial |
| 2024 | $1,314,300 | — | — | −$564,300 | $750,000 | $— | $18,855 | Verified |
| 2023 | $1,304,812 | — | — | −$517,312 | $787,500 | $— | $17,966 | Verified |
| 2022 | $964,700 | — | — | −$177,200 | $787,500 | $— | $19,182 | Verified |
| 2021 | $896,400 | — | — | −$371,400 | $525,000 | $— | $17,435 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -10.9% | -10.9% | ~100% | Not available | Partial |
| 2025 | +0.0% | +1.2% | ~100% | Not available | Partial |
| 2024 | -18.4% | -3.3% | 98.8% | 1.7600% | Verified |
| 2023 | +0.7% | +5.5% | 83.4% | 1.3700% | Verified |
| 2022 | +35.3% | +21.1% | 79.6% | 1.4700% | Verified |
| 2021 | base year | — | 89.0% | 1.9400% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +11.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -26.7% | -0.3% | +12.2% | +35.3% | 2023 | -26.7% | 2026 |
| Assessment Ratio | 100.0% | 76.3% | — | 100.0% | 2025 | 57.1% | 2024 |
| Effective Tax Rate (2025) | 1.8000% | 1.8000% | — | 1.8000% | 2025 | 1.8000% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$19,324 | $18,552 | ~$23,943 | $19,324 | 2025 | $17,435 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,122,339 | ~$1,122,339 | ~2.0139% | ~$22,603 | +4.6% |
| 2027 | ~$1,173,947 | ~$1,173,947 | ~1.9814% | ~$23,260 | +9.4% |
| 2028 | ~$1,227,929 | ~$1,227,929 | ~1.9488% | ~$23,930 | +14.4% |
| 2029 | ~$1,284,392 | ~$1,284,392 | ~1.9163% | ~$24,613 | +19.7% |
| 2030 | ~$1,343,452 | ~$1,343,452 | ~1.8837% | ~$25,307 | +25.2% |
| 2026 | ~$1,100,879 | ~$1,100,879 | ~2.0465% | ~$22,529 | +2.6% |
| 2027 | ~$1,129,483 | ~$1,129,483 | ~2.0465% | ~$23,115 | +5.3% |
| 2028 | ~$1,158,830 | ~$1,158,830 | ~2.0465% | ~$23,715 | +8.0% |
| 2029 | ~$1,188,939 | ~$1,188,939 | ~2.0465% | ~$24,331 | +10.8% |
| 2030 | ~$1,219,831 | ~$1,219,831 | ~2.0465% | ~$24,964 | +13.7% |
| 2026 | ~$1,143,799 | ~$1,143,799 | ~1.9977% | ~$22,849 | +6.6% |
| 2027 | ~$1,219,270 | ~$1,219,270 | ~1.9488% | ~$23,762 | +13.6% |
| 2028 | ~$1,299,721 | ~$1,299,721 | ~1.9000% | ~$24,695 | +21.1% |
| 2029 | ~$1,385,480 | ~$1,385,480 | ~1.8512% | ~$25,648 | +29.1% |
| 2030 | ~$1,476,897 | ~$1,476,897 | ~1.8024% | ~$26,619 | +37.6% |
In 2025, this property's market value of $1,073,000 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — +106% 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 | $1,073,000 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $1,314,300 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $1,304,812 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $964,700 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $896,400 | $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.