1206 CASTLE HILL ST TX 78703
| Owner | GENERAL COOPERATIVE TRUST OF |
|---|---|
| Parcel ID | 0110010806 |
| Short ID | 109097 |
| Type | Real |
| Use Code | 04 Fourplex |
| Valuation | Income |
| Improvement SF | 8,014 SF |
| Land SF | 15,575 SF |
| Acres | 0.358 |
| Year Built | 1950 |
| Legal | LOT 38 OLT 6 DIV Z ENFIELD A |
| Neighborhood | 05CEN |
| Land | $2,336,250 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,336,250 |
| Improvement | $208,195 |
|---|---|
| Total Improvement | $208,195 |
| Market | $2,544,445 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,544,445 |
| Value Limitation Adjustment (−) (homestead cap) | −$148,921 |
| Net Appraised (assessed) | $2,395,524 |
| Taxable Value | $2,395,524 |
|---|
Appreciation: Market value has risen +77.4% from $1,434,659 (2021) to $2,544,445 (2025), a CAGR of 15.4% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2023→2024), 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 $49,024. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Assessment Gap: Assessed value ($2,395,524) is $148,921 below market value, suggesting potential for an upward assessment in future years.
Asset Class: Multi-family residential. This is valued using the income approach, so changes in rent roll or occupancy move the appraisal more directly than they would for a cost-approach property.
Value Composition: Land carries 92% of market value ($2,336,250 land vs $208,195 improvements), about $150/SF of land. With value concentrated in the land under a ~76-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 $2,544,445, 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 +15.4% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $5,207,731 by 2030, with an estimated annual tax burden around $72,675. 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 |
|---|---|---|---|
| 1ST | 1st Floor | 4,211 SF | ✓ |
| 2ND | 2nd Floor | 3,803 SF | ✓ |
| 033 | GARAGE DET BASMT | 936 SF | ✓ |
| 051C | CARPORT DET 1ST COMM | 684 SF | ✗ |
| 611 | TERRACE | 289 SF | ✗ |
| 011C | PORCH OPEN 1ST COMM | 241 SF | ✗ |
| SO | Sketch Only | 177 SF | ✗ |
| 012C | PORCH OPEN 2 COMM | 120 SF | ✗ |
| 251 | BATHROOM | 9 SF | ✓ |
| 413 | STAIRWAY EXT | 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% | $22,163.39 | $22,163.39 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $12,552.95 | $12,552.95 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $9,003.46 | $9,003.46 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,827.27 | $2,827.27 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,476.97 | $2,476.97 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $49,024.04 | $49,024.04 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,324,060 | $2,544,445 | -8.7% |
| Assessed Value | $2,324,060 | $2,395,524 | -3.0% |
| Land Value | $2,336,250 | $2,336,250 | +0.0% |
| Improvement Value | — | $208,195 | — |
| Taxable Value | $2,324,060 | $2,395,524 | -3.0% |
| Total Tax 2026 = estimate |
~$47,562
Estimated
|
~$49,024
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $2,484,340 | $2,324,060 | -160,280 (-6.5%) |
| Taxable Value | $2,484,340 | $2,324,060 | -160,280 (-6.5%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,324,060 | $2,336,250 | — | — | $2,324,060 | $2,324,060 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $2,544,445 | $2,336,250 | $208,195 | −$148,921 | $2,395,524 | $2,395,524 | ~$49,024 | Partial |
| 2024 | $2,393,210 | — | — | −$396,940 | $1,996,270 | $— | $39,562 | Verified |
| 2023 | $1,379,890 | — | — | — | $2,336,250 ! | $— | $43,299 | Verified |
| 2022 | $1,434,659 | — | — | −$110,784 | $1,323,875 | $— | $27,252 | Verified |
| 2021 | $1,434,659 | — | — | −$110,784 | $1,323,875 | $— | $31,228 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -2.4% | +3.7% | ~100% | Not available | Partial |
| 2025 | +27.5% | +20.0% | 94.2% | Not available | Partial |
| 2024 | -16.6% | -16.6% | ~100% | 1.9800% | Verified |
| 2023 | +73.4% | +73.4% | ~100% | 1.8100% | Verified |
| 2022 | -3.8% | -3.8% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +77.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -8.7% | +13.4% | +17.6% | +73.4% | 2024 | -8.7% | 2026 |
| Assessment Ratio | 100.0% | 105.2% | — | 169.3% | 2023 | 83.4% | 2024 |
| Effective Tax Rate (2025) | 1.9300% | 1.9300% | — | 1.9300% | 2025 | 1.9300% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$49,024 | $38,073 | ~$62,505 | $49,024 | 2025 | $27,252 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,936,325 | ~$2,635,076 | ~2.0139% | ~$53,069 | +15.4% |
| 2027 | ~$3,388,561 | ~$2,898,584 | ~1.9814% | ~$57,432 | +33.2% |
| 2028 | ~$3,910,447 | ~$3,188,442 | ~1.9488% | ~$62,138 | +53.7% |
| 2029 | ~$4,512,710 | ~$3,507,287 | ~1.9163% | ~$67,210 | +77.4% |
| 2030 | ~$5,207,731 | ~$3,858,015 | ~1.8837% | ~$72,675 | +104.7% |
| 2026 | ~$2,885,436 | ~$2,635,076 | ~2.0465% | ~$53,926 | +13.4% |
| 2027 | ~$3,272,125 | ~$2,898,584 | ~2.0465% | ~$59,319 | +28.6% |
| 2028 | ~$3,710,636 | ~$3,188,442 | ~2.0465% | ~$65,251 | +45.8% |
| 2029 | ~$4,207,914 | ~$3,507,287 | ~2.0465% | ~$71,776 | +65.4% |
| 2030 | ~$4,771,833 | ~$3,858,015 | ~2.0465% | ~$78,954 | +87.5% |
| 2026 | ~$2,987,214 | ~$2,635,076 | ~1.9977% | ~$52,640 | +17.4% |
| 2027 | ~$3,507,031 | ~$2,898,584 | ~1.9488% | ~$56,489 | +37.8% |
| 2028 | ~$4,117,304 | ~$3,188,442 | ~1.9000% | ~$60,581 | +61.8% |
| 2029 | ~$4,833,773 | ~$3,507,287 | ~1.8512% | ~$64,927 | +90.0% |
| 2030 | ~$5,674,917 | ~$3,858,015 | ~1.8024% | ~$69,536 | +123.0% |
In 2025, this property's market value of $2,544,445 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 | $2,544,445 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $2,393,210 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $1,379,890 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $1,434,659 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $1,434,659 | $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.