705 BAYLOR ST TX 78703
| Owner | SOOCH KEVIN & ALEXANDRIA |
|---|---|
| Parcel ID | 0109010803 |
| Short ID | 107054 |
| Type | Real |
| Use Code | 02 Duplex |
| Valuation | Cost |
| Improvement SF | 4,476 SF |
| Land SF | 7,288 SF |
| Acres | 0.167 |
| Year Built | 1925 |
| Legal | LOT 9 BLK C OLT 2 DIV Z RAYMOND SUBD |
| Neighborhood | Z3005 |
| Land | $1,079,514 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,079,514 |
| Improvement | $1,455,073 |
|---|---|
| Total Improvement | $1,455,073 |
| Market | $2,534,587 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,534,587 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $2,534,587 |
| Exemptions (−) (HS) | −$319,358 |
|---|---|
| Taxable Value | $2,215,229 |
Appreciation: Market value has risen +38.6% from $1,828,707 (2021) to $2,534,587 (2025), a CAGR of 8.5% 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 $45,334. Austin ISD is the largest single contributor, at 46.8% 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 43% of market value ($1,079,514 land vs $1,455,073 improvements), about $148/SF of land. Most value sits in the improvements, so building condition, age (~101 yrs), and rent roll drive the underwriting.
Submarket Position: At $2,534,587, 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 +8.5% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $3,811,633 by 2030, with an estimated annual tax burden around $71,801. 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 |
|---|---|---|---|
| 095 | HVAC RESIDENTIAL | 4,476 SF | ✗ |
| 1ST | 1st Floor | 1,572 SF | ✓ |
| RSBLW | Residence Below | 1,572 SF | ✓ |
| 2ND | 2nd Floor | 1,064 SF | ✓ |
| 1/2 | Half Floor | 268 SF | ✓ |
| 012 | PORCH OPEN 2ND F | 114 SF | ✗ |
| 011 | PORCH OPEN 1ST F | 112 SF | ✗ |
| 252 | BEDROOMS | 5 SF | ✓ |
| 251 | BATHROOM | 4 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% | $22,154.72 | $22,154.72 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $11,608.18 | $11,608.18 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $8,325.83 | $8,325.83 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,614.48 | $2,614.48 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,604.25 | $2,604.25 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $47,307.46 | $47,307.46 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,046,768 | $2,534,587 | -19.2% |
| Assessed Value | $2,046,768 | $2,534,587 | -19.2% |
| Land Value | $1,007,546 | $1,079,514 | -6.7% |
| Improvement Value | $1,039,222 | $1,455,073 | -28.6% |
| Taxable Value | $1,788,876 | $2,215,229 | -19.2% |
| Exemptions | HS | HS | |
| Total Tax 2026 = estimate |
~$36,609
Estimated
|
~$47,307
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $2,046,768 | $2,046,768 | +0 (+0.0%) |
| Taxable Value | $1,788,876 | $1,788,876 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,046,768 | $1,007,546 | $1,039,222 | — | $2,046,768 | $1,788,876 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $2,534,587 | $1,079,514 | $1,455,073 | — | $2,534,587 | $2,215,229 | ~$47,307 | Partial |
| 2024 | $2,614,601 | — | — | −$1,639,601 | $975,000 | $— | $53,292 | Verified |
| 2023 | $2,442,098 | — | — | −$1,536,473 | $905,625 | $— | $20,337 | Verified |
| 2022 | $1,568,774 | — | — | −$663,149 | $905,625 | $— | $20,752 | Verified |
| 2021 | $1,828,707 | — | — | −$1,224,957 | $603,750 | $— | $20,841 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -19.2% | -19.2% | ~100% | Not available | Partial |
| 2025 | -12.9% | -12.9% | ~100% | Not available | Partial |
| 2024 | +11.3% | +124.9% | ~100% | 1.8300% | Verified |
| 2023 | +7.1% | +10.0% | 49.5% | 0.7800% | Verified |
| 2022 | +55.7% | +10.0% | 48.2% | 0.8500% | Verified |
| 2021 | base year | — | 68.2% | 1.1400% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +61.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -19.2% | +5.3% | +13.7% | +55.7% | 2023 | -19.2% | 2026 |
| Assessment Ratio | 100.0% | 60.9% | — | 100.0% | 2025 | 33.0% | 2021 |
| Effective Tax Rate (2025) | 1.8700% | 1.8700% | — | 1.8700% | 2025 | 1.8700% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$47,307 | $32,506 | ~$63,345 | $53,292 | 2024 | $20,337 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,750,097 | ~$2,750,097 | ~2.0139% | ~$55,385 | +8.5% |
| 2027 | ~$2,983,931 | ~$2,983,931 | ~1.9814% | ~$59,123 | +17.7% |
| 2028 | ~$3,237,647 | ~$3,237,647 | ~1.9488% | ~$63,097 | +27.7% |
| 2029 | ~$3,512,936 | ~$3,512,936 | ~1.9163% | ~$67,318 | +38.6% |
| 2030 | ~$3,811,633 | ~$3,811,633 | ~1.8837% | ~$71,801 | +50.4% |
| 2026 | ~$2,699,405 | ~$2,699,405 | ~2.0465% | ~$55,243 | +6.5% |
| 2027 | ~$2,874,941 | ~$2,874,941 | ~2.0465% | ~$58,835 | +13.4% |
| 2028 | ~$3,061,891 | ~$3,061,891 | ~2.0465% | ~$62,661 | +20.8% |
| 2029 | ~$3,260,998 | ~$3,260,998 | ~2.0465% | ~$66,736 | +28.7% |
| 2030 | ~$3,473,053 | ~$3,473,053 | ~2.0465% | ~$71,076 | +37.0% |
| 2026 | ~$2,800,788 | ~$2,788,046 | ~1.9977% | ~$55,696 | +10.5% |
| 2027 | ~$3,094,948 | ~$3,066,850 | ~1.9488% | ~$59,768 | +22.1% |
| 2028 | ~$3,420,003 | ~$3,373,535 | ~1.9000% | ~$64,098 | +34.9% |
| 2029 | ~$3,779,198 | ~$3,710,889 | ~1.8512% | ~$68,696 | +49.1% |
| 2030 | ~$4,176,118 | ~$4,081,978 | ~1.8024% | ~$73,572 | +64.8% |
In 2025, this property's market value of $2,534,587 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 5× 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 | $2,534,587 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $2,614,601 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $2,442,098 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $1,568,774 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $1,828,707 | $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.