903 BLANCO ST TX 78703
| Owner | 903 BLANCO LLC |
|---|---|
| Parcel ID | 0109010502 |
| Short ID | 106951 |
| Type | Real |
| Use Code | 02 Duplex |
| Valuation | Cost |
| Improvement SF | 1,326 SF |
| Land SF | 4,356 SF |
| Acres | 0.100 |
| Year Built | 1915 |
| Legal | CEN 50.3 FT OF LOT 13&14 BLK 7 OLT 5 DIV Z SILLIMAN SUBD |
| Neighborhood | Z3005 |
| Land | $775,425 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $775,425 |
| Improvement | $197,557 |
|---|---|
| Total Improvement | $197,557 |
| Market | $972,982 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $972,982 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $972,982 |
| Taxable Value | $972,982 |
|---|
Appreciation: Market value has risen +81.4% from $536,500 (2021) to $972,982 (2025), a CAGR of 16.0% 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 $19,912. 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 cost approach, tied more to replacement cost and physical condition than to income performance.
Value Composition: Land carries 80% of market value ($775,425 land vs $197,557 improvements), about $178/SF of land. With value concentrated in the land under a ~111-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 $972,982, 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 +16.1% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,047,735 by 2030, with an estimated annual tax burden around $29,518. 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.
7 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 1,326 SF | ✓ |
| 095 | HVAC RESIDENTIAL | 1,326 SF | ✗ |
| 041 | GARAGE ATT 1ST F | 170 SF | ✓ |
| 011 | PORCH OPEN 1ST F | 84 SF | ✗ |
| 631 | PORCH CLOS UNFIN | 50 SF | ✓ |
| 251 | BATHROOM | 2 SF | ✓ |
| 413 | STAIRWAY EXT | 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% | $9,002.03 | $9,002.03 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $5,098.59 | $5,098.59 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,656.90 | $3,656.90 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,148.34 | $1,148.34 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,006.06 | $1,006.06 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $19,911.92 | $19,911.92 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $723,731 | $972,982 | -25.6% |
| Assessed Value | $723,731 | $972,982 | -25.6% |
| Land Value | $723,730 | $775,425 | -6.7% |
| Improvement Value | $1 | $197,557 | -100.0% |
| Taxable Value | $723,731 | $972,982 | -25.6% |
| Total Tax 2026 = estimate |
~$14,811
Estimated
|
~$19,912
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $810,931 | $723,731 | -87,200 (-10.8%) |
| Taxable Value | $810,931 | $723,731 | -87,200 (-10.8%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $723,731 | $723,730 | $1 | — | $723,731 | $723,731 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $972,982 | $775,425 | $197,557 | — | $972,982 | $972,982 | ~$19,912 | Partial |
| 2024 | $950,000 | — | — | −$200,000 | $750,000 | $— | $19,884 | Verified |
| 2023 | $950,000 | — | — | −$275,000 | $675,000 | $— | $17,188 | Verified |
| 2022 | $591,000 | — | — | — | $675,000 ! | $— | $18,762 | Verified |
| 2021 | $536,500 | — | — | −$86,500 | $450,000 | $— | $12,864 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -16.7% | -16.7% | ~100% | Not available | Partial |
| 2025 | -3.0% | -3.0% | ~100% | Not available | Partial |
| 2024 | +5.6% | +5.6% | ~100% | 1.9800% | Verified |
| 2023 | +0.0% | +0.0% | ~100% | 1.8100% | Verified |
| 2022 | +60.7% | +60.7% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.4000% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +64.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -25.6% | +9.5% | +24.0% | +60.7% | 2023 | -25.6% | 2026 |
| Assessment Ratio | 100.0% | 91.4% | — | 114.2% | 2022 | 71.1% | 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 |
$19,912 | $17,722 | ~$25,387 | $19,912 | 2025 | $12,864 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,129,116 | ~$1,070,280 | ~2.0139% | ~$21,555 | +16.0% |
| 2027 | ~$1,310,305 | ~$1,177,308 | ~1.9814% | ~$23,327 | +34.7% |
| 2028 | ~$1,520,569 | ~$1,295,039 | ~1.9488% | ~$25,238 | +56.3% |
| 2029 | ~$1,764,574 | ~$1,424,543 | ~1.9163% | ~$27,298 | +81.4% |
| 2030 | ~$2,047,735 | ~$1,566,997 | ~1.8837% | ~$29,518 | +110.5% |
| 2026 | ~$1,109,656 | ~$1,070,280 | ~2.0465% | ~$21,903 | +14.0% |
| 2027 | ~$1,265,529 | ~$1,177,308 | ~2.0465% | ~$24,093 | +30.1% |
| 2028 | ~$1,443,298 | ~$1,295,039 | ~2.0465% | ~$26,503 | +48.3% |
| 2029 | ~$1,646,037 | ~$1,424,543 | ~2.0465% | ~$29,153 | +69.2% |
| 2030 | ~$1,877,255 | ~$1,566,997 | ~2.0465% | ~$32,068 | +92.9% |
| 2026 | ~$1,148,576 | ~$1,070,280 | ~1.9977% | ~$21,381 | +18.0% |
| 2027 | ~$1,355,859 | ~$1,177,308 | ~1.9488% | ~$22,944 | +39.4% |
| 2028 | ~$1,600,550 | ~$1,295,039 | ~1.9000% | ~$24,606 | +64.5% |
| 2029 | ~$1,889,401 | ~$1,424,543 | ~1.8512% | ~$26,371 | +94.2% |
| 2030 | ~$2,230,380 | ~$1,566,997 | ~1.8024% | ~$28,243 | +129.2% |
In 2025, this property's market value of $972,982 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — +87% 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 | $972,982 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $950,000 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $950,000 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $591,000 | $506,618 | $615,058 | $906,429 | ↓ Below median | +39.1% |
| 2021 | $536,500 | $300,453 | $376,850 | $539,896 | ↑ Above median | 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.