700 BAYLOR ST TX 78703
| Owner | TRAVERSO DANIEL J III |
|---|---|
| Parcel ID | 0109010418 |
| Short ID | 106939 |
| Type | Real |
| Use Code | 02 Duplex |
| Valuation | Cost |
| Improvement SF | 2,730 SF |
| Land SF | 6,415 SF |
| Acres | 0.147 |
| Year Built | 1921 |
| Legal | 0.1473AC OF LOT 24&25 BLK A OLT 2 DIV Z RAYMOND SUBD |
| Neighborhood | Z3005 |
| Land | $1,058,241 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,058,241 |
| Improvement | $261,388 |
|---|---|
| Total Improvement | $261,388 |
| Market | $1,319,629 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,319,629 |
| Value Limitation Adjustment (−) (homestead cap) | −$112,158 |
| Net Appraised (assessed) | $1,207,471 |
| Exemptions (−) (HS,OV65) | −$305,536 |
|---|---|
| Taxable Value | $901,935 |
Appreciation: Market value has risen +49.9% from $880,306 (2021) to $1,319,629 (2025), a CAGR of 10.7% 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 $18,458. City of Austin is the largest single contributor, at 33.5% of the total 2025 levy.
Assessment Gap: Assessed value ($1,207,471) is $112,158 below market value, suggesting potential for an upward assessment in future years.
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 80% of market value ($1,058,241 land vs $261,388 improvements), about $165/SF of land. With value concentrated in the land under a ~105-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 $1,319,629, 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 +10.7% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,188,893 by 2030, with an estimated annual tax burden around $36,632. 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 |
|---|---|---|---|
| 095 | HVAC RESIDENTIAL | 2,730 SF | ✗ |
| 1ST | 1st Floor | 1,914 SF | ✓ |
| FBSMT | Finished Basement | 816 SF | ✓ |
| 011 | PORCH OPEN 1ST F | 235 SF | ✗ |
| 051 | CARPORT DET 1ST | 220 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 |
|---|---|---|---|---|---|---|---|---|---|
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $4,470.68 | $4,470.68 | Paid |
| IAU Austin ISD | 1.0617% | 0.9966% | 0.8595% | 0.9505% | 0.9252% | -0.0253% | $3,662.77 | $3,662.77 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,389.88 | $3,389.88 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,014.94 | $1,014.94 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $795.83 | $795.83 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $13,334.10 | $13,334.10 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $987,692 | $1,319,629 | -25.2% |
| Assessed Value | $987,692 | $1,207,471 | -18.2% |
| Land Value | $987,691 | $1,058,241 | -6.7% |
| Improvement Value | $1 | $261,388 | -100.0% |
| Taxable Value | $704,146 | $901,935 | -21.9% |
| Exemptions | HS,OV65 | HS,OV65 | |
| Total Tax 2026 = estimate |
~$14,410
Estimated
|
~$13,334
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,147,734 | $987,692 | -160,042 (-13.9%) |
| Taxable Value | $843,831 | $704,146 | -139,685 (-16.6%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $987,692 | $987,691 | $1 | — | $987,692 | $704,146 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,319,629 | $1,058,241 | $261,388 | −$112,158 | $1,207,471 | $901,935 | ~$13,334 | Partial |
| 2024 | $1,431,000 | — | — | −$456,000 | $975,000 | $— | $13,090 | Verified |
| 2023 | $1,402,268 | — | — | −$652,268 | $750,000 | $— | $11,665 | Verified |
| 2022 | $910,278 | — | — | −$160,278 | $750,000 | $— | $14,306 | Verified |
| 2021 | $880,306 | — | — | −$380,306 | $500,000 | $— | $12,031 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -13.0% | -4.9% | ~100% | Not available | Partial |
| 2025 | -8.6% | +3.1% | 91.5% | Not available | Partial |
| 2024 | -5.7% | +3.6% | 81.1% | 0.9100% | Verified |
| 2023 | +9.2% | +9.7% | 73.8% | 0.7600% | Verified |
| 2022 | +54.0% | +24.5% | 73.5% | 1.0200% | Verified |
| 2021 | base year | — | 90.9% | 1.3700% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +45.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -25.2% | +5.3% | +18.1% | +54.0% | 2023 | -25.2% | 2026 |
| Assessment Ratio | 100.0% | 75.4% | — | 100.0% | 2026 | 53.5% | 2023 |
| Effective Tax Rate (2025) | 1.0100% | 1.0100% | — | 1.0100% | 2025 | 1.0100% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$13,334 | $12,885 | ~$31,506 | $14,306 | 2022 | $11,665 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,460,180 | ~$1,328,218 | ~2.0139% | ~$26,749 | +10.7% |
| 2027 | ~$1,615,701 | ~$1,461,040 | ~1.9814% | ~$28,949 | +22.4% |
| 2028 | ~$1,787,786 | ~$1,607,144 | ~1.9488% | ~$31,321 | +35.5% |
| 2029 | ~$1,978,199 | ~$1,767,858 | ~1.9163% | ~$33,877 | +49.9% |
| 2030 | ~$2,188,893 | ~$1,944,644 | ~1.8837% | ~$36,632 | +65.9% |
| 2026 | ~$1,433,787 | ~$1,328,218 | ~2.0465% | ~$27,182 | +8.7% |
| 2027 | ~$1,557,821 | ~$1,461,040 | ~2.0465% | ~$29,900 | +18.0% |
| 2028 | ~$1,692,585 | ~$1,607,144 | ~2.0465% | ~$32,890 | +28.3% |
| 2029 | ~$1,839,008 | ~$1,767,858 | ~2.0465% | ~$36,179 | +39.4% |
| 2030 | ~$1,998,096 | ~$1,944,644 | ~2.0465% | ~$39,797 | +51.4% |
| 2026 | ~$1,486,573 | ~$1,328,218 | ~1.9977% | ~$26,533 | +12.7% |
| 2027 | ~$1,674,636 | ~$1,461,040 | ~1.9488% | ~$28,473 | +26.9% |
| 2028 | ~$1,886,491 | ~$1,607,144 | ~1.9000% | ~$30,536 | +43.0% |
| 2029 | ~$2,125,147 | ~$1,767,858 | ~1.8512% | ~$32,726 | +61.0% |
| 2030 | ~$2,393,995 | ~$1,944,644 | ~1.8024% | ~$35,050 | +81.4% |
In 2025, this property's market value of $1,319,629 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — +154% 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 | $1,319,629 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $1,431,000 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $1,402,268 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $910,278 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $880,306 | $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.