707 BAYLOR ST AUSTIN, TX 78703
| Owner | GRAPPE JAMES DANIEL |
|---|---|
| Parcel ID | 0109010804 |
| Short ID | 107056 |
| Type | Real |
| Use Code | 02 Duplex |
| Valuation | Cost |
| Improvement SF | 2,294 SF |
| Land SF | 7,272 SF |
| Acres | 0.167 |
| Year Built | 1971 |
| Legal | LOT 8 BLK C OLT 2 DIV Z RAYMOND SUBD |
| Neighborhood | Z3005 |
| Land | $1,079,139 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,079,139 |
| Improvement | $434,242 |
|---|---|
| Total Improvement | $434,242 |
| Market | $1,513,381 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,513,381 |
| Value Limitation Adjustment (−) (homestead cap) | −$239,313 |
| Net Appraised (assessed) | $1,274,068 |
| Exemptions (−) (HS) | −$233,101 |
|---|---|
| Taxable Value | $1,040,967 |
Appreciation: Market value has risen +65.7% from $913,600 (2021) to $1,513,381 (2025), a CAGR of 13.4% 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 $21,303. Austin ISD is the largest single contributor, at 46.9% of the total 2025 levy.
Assessment Gap: Assessed value ($1,274,068) is $239,313 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 71% of market value ($1,079,139 land vs $434,242 improvements), about $148/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 $1,513,381, 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 +13.4% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,844,058 by 2030, with an estimated annual tax burden around $38,652. 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.
10 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 095 | HVAC RESIDENTIAL | 2,294 SF | ✗ |
| 1ST | 1st Floor | 1,550 SF | ✓ |
| 512 | DECK UNCOVRED | 1,144 SF | ✗ |
| SO | Sketch Only | 1,144 SF | ✗ |
| 2ND | 2nd Floor | 744 SF | ✓ |
| 051 | CARPORT DET 1ST | 288 SF | ✗ |
| 011 | PORCH OPEN 1ST F | 216 SF | ✗ |
| 251 | BATHROOM | 4 SF | ✓ |
| 522 | FIREPLACE | 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% | $10,492.40 | $10,492.40 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $5,454.84 | $5,454.84 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,912.42 | $3,912.42 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,305.34 | $1,305.34 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,228.58 | $1,228.58 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $22,393.58 | $22,393.58 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,108,000 | $1,513,381 | -26.8% |
| Assessed Value | $1,108,000 | $1,274,068 | -13.0% |
| Land Value | $1,007,197 | $1,079,139 | -6.7% |
| Improvement Value | $100,803 | $434,242 | -76.8% |
| Taxable Value | $891,440 | $1,040,967 | -14.4% |
| Exemptions | HS | HS | |
| Total Tax 2026 = estimate |
~$18,243
Estimated
|
~$22,394
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,164,394 | $1,108,000 | -56,394 (-4.8%) |
| Taxable Value | $939,375 | $891,440 | -47,935 (-5.1%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,108,000 | $1,007,197 | $100,803 | — | $1,108,000 | $891,440 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,513,381 | $1,079,139 | $434,242 | −$239,313 | $1,274,068 | $1,040,967 | ~$22,394 | Partial |
| 2024 | $1,481,929 | — | — | −$506,929 | $975,000 | $— | $18,066 | Verified |
| 2023 | $1,375,936 | — | — | −$588,436 | $787,500 | $— | $14,918 | Verified |
| 2022 | $879,000 | — | — | −$91,500 | $787,500 | $— | $15,346 | Verified |
| 2021 | $913,600 | — | — | −$388,600 | $525,000 | $— | $15,446 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -23.1% | -8.6% | ~100% | Not available | Partial |
| 2025 | -5.6% | +20.2% | 84.2% | Not available | Partial |
| 2024 | +8.2% | +10.0% | 66.1% | 1.1300% | Verified |
| 2023 | +7.7% | +10.0% | 65.0% | 1.0100% | Verified |
| 2022 | +56.5% | +10.0% | 63.6% | 1.1200% | Verified |
| 2021 | base year | — | 90.6% | 1.6900% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +72.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -26.8% | +7.1% | +21.7% | +56.5% | 2023 | -26.8% | 2026 |
| Assessment Ratio | 100.0% | 75.7% | — | 100.0% | 2026 | 57.2% | 2023 |
| Effective Tax Rate (2025) | 1.4800% | 1.4800% | — | 1.4800% | 2025 | 1.4800% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$22,394 | $17,234 | ~$33,243 | $22,394 | 2025 | $14,918 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,716,905 | ~$1,401,475 | ~2.0139% | ~$28,225 | +13.4% |
| 2027 | ~$1,947,800 | ~$1,541,622 | ~1.9814% | ~$30,546 | +28.7% |
| 2028 | ~$2,209,746 | ~$1,695,785 | ~1.9488% | ~$33,048 | +46.0% |
| 2029 | ~$2,506,920 | ~$1,865,363 | ~1.9163% | ~$35,746 | +65.7% |
| 2030 | ~$2,844,058 | ~$2,051,899 | ~1.8837% | ~$38,652 | +87.9% |
| 2026 | ~$1,686,638 | ~$1,401,475 | ~2.0465% | ~$28,681 | +11.4% |
| 2027 | ~$1,879,729 | ~$1,541,622 | ~2.0465% | ~$31,549 | +24.2% |
| 2028 | ~$2,094,926 | ~$1,695,785 | ~2.0465% | ~$34,704 | +38.4% |
| 2029 | ~$2,334,760 | ~$1,865,363 | ~2.0465% | ~$38,174 | +54.3% |
| 2030 | ~$2,602,051 | ~$2,051,899 | ~2.0465% | ~$41,992 | +71.9% |
| 2026 | ~$1,747,173 | ~$1,401,475 | ~1.9977% | ~$27,997 | +15.4% |
| 2027 | ~$2,017,082 | ~$1,541,622 | ~1.9488% | ~$30,044 | +33.3% |
| 2028 | ~$2,328,687 | ~$1,695,785 | ~1.9000% | ~$32,220 | +53.9% |
| 2029 | ~$2,688,430 | ~$1,865,363 | ~1.8512% | ~$34,531 | +77.6% |
| 2030 | ~$3,103,747 | ~$2,051,899 | ~1.8024% | ~$36,983 | +105.1% |
In 2025, this property's market value of $1,513,381 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — +191% 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 | $1,513,381 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $1,481,929 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $1,375,936 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $879,000 | $506,618 | $615,058 | $906,429 | ↑ Above median | +39.1% |
| 2021 | $913,600 | $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.