1507 W 13 ST TX 78703
| Owner | 13TH & ELM LLC |
|---|---|
| Parcel ID | 0110011008 |
| Short ID | 109123 |
| Type | Real |
| Use Code | 04 Fourplex |
| Valuation | Income |
| Improvement SF | 4,036 SF |
| Land SF | 7,994 SF |
| Acres | 0.184 |
| Year Built | 1949 |
| Legal | LOT 6 BLK E OLT 7 DIV Z SHELLEY HEIGHTS |
| Neighborhood | Z3005 |
| Land | $843,633 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $843,633 |
| Improvement | $432,417 |
|---|---|
| Total Improvement | $432,417 |
| Market | $1,276,050 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,276,050 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,276,050 |
| Taxable Value | $1,276,050 |
|---|
Appreciation: Market value has risen +58.6% from $804,800 (2021) to $1,276,050 (2025), a CAGR of 12.2% over 4 years. This is strong appreciation — well above typical inflation. Growth has been fairly evenly spread across these years rather than concentrated in one jump. 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 $26,114. 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 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 66% of market value ($843,633 land vs $432,417 improvements), about $106/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $1,276,050, 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 +12.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,270,348 by 2030, with an estimated annual tax burden around $38,713. 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.
5 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 2ND | 2nd Floor | 2,034 SF | ✓ |
| 1ST | 1st Floor | 2,002 SF | ✓ |
| 011 | PORCH OPEN 1ST F | 158 SF | ✗ |
| 012 | PORCH OPEN 2ND F | 126 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% | $11,806.01 | $11,806.01 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $6,686.72 | $6,686.72 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $4,795.97 | $4,795.97 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,506.03 | $1,506.03 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,319.44 | $1,319.44 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $26,114.17 | $26,114.17 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,057,912 | $1,276,050 | -17.1% |
| Assessed Value | $1,057,912 | $1,276,050 | -17.1% |
| Land Value | $787,391 | $843,633 | -6.7% |
| Improvement Value | $270,521 | $432,417 | -37.4% |
| Taxable Value | $1,057,912 | $1,276,050 | -17.1% |
| Total Tax 2026 = estimate |
~$21,650
Estimated
|
~$26,114
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,137,789 | $1,057,912 | -79,877 (-7.0%) |
| Taxable Value | $1,137,789 | $1,057,912 | -79,877 (-7.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,057,912 | $787,391 | $270,521 | — | $1,057,912 | $1,057,912 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,276,050 | $843,633 | $432,417 | — | $1,276,050 | $1,276,050 | ~$26,114 | Partial |
| 2024 | $1,895,143 | — | — | −$1,145,143 | $750,000 | $— | $25,229 | Verified |
| 2023 | $1,283,956 | — | — | −$496,456 | $787,500 | $— | $34,288 | Verified |
| 2022 | $848,866 | — | — | −$61,366 | $787,500 | $— | $25,357 | Verified |
| 2021 | $804,800 | — | — | −$279,800 | $525,000 | $— | $18,477 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -10.8% | -10.8% | ~100% | Not available | Partial |
| 2025 | +0.2% | +0.2% | ~100% | Not available | Partial |
| 2024 | -37.7% | -37.7% | ~100% | 1.9800% | Verified |
| 2023 | +59.1% | +59.1% | ~100% | 1.6800% | Verified |
| 2022 | +51.3% | +51.3% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.3000% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +50.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -17.1% | +10.9% | +16.8% | +51.3% | 2023 | -32.7% | 2025 |
| Assessment Ratio | 100.0% | 76.5% | — | 100.0% | 2025 | 39.6% | 2024 |
| 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 |
$26,114 | $25,893 | ~$33,295 | $34,288 | 2023 | $18,477 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,431,900 | ~$1,403,655 | ~2.0139% | ~$28,269 | +12.2% |
| 2027 | ~$1,606,784 | ~$1,544,021 | ~1.9814% | ~$30,593 | +25.9% |
| 2028 | ~$1,803,028 | ~$1,698,423 | ~1.9488% | ~$33,100 | +41.3% |
| 2029 | ~$2,023,240 | ~$1,868,265 | ~1.9163% | ~$35,801 | +58.6% |
| 2030 | ~$2,270,348 | ~$2,055,091 | ~1.8837% | ~$38,713 | +77.9% |
| 2026 | ~$1,406,379 | ~$1,403,655 | ~2.0465% | ~$28,726 | +10.2% |
| 2027 | ~$1,550,019 | ~$1,544,021 | ~2.0465% | ~$31,598 | +21.5% |
| 2028 | ~$1,708,329 | ~$1,698,423 | ~2.0465% | ~$34,758 | +33.9% |
| 2029 | ~$1,882,808 | ~$1,868,265 | ~2.0465% | ~$38,234 | +47.5% |
| 2030 | ~$2,075,108 | ~$2,055,091 | ~2.0465% | ~$42,057 | +62.6% |
| 2026 | ~$1,457,421 | ~$1,403,655 | ~1.9977% | ~$28,040 | +14.2% |
| 2027 | ~$1,664,571 | ~$1,544,021 | ~1.9488% | ~$30,090 | +30.4% |
| 2028 | ~$1,901,164 | ~$1,698,423 | ~1.9000% | ~$32,270 | +49.0% |
| 2029 | ~$2,171,385 | ~$1,868,265 | ~1.8512% | ~$34,585 | +70.2% |
| 2030 | ~$2,480,013 | ~$2,055,091 | ~1.8024% | ~$37,040 | +94.4% |
In 2025, this property's market value of $1,276,050 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — +145% 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 | $1,276,050 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $1,895,143 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $1,283,956 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $848,866 | $506,618 | $615,058 | $906,429 | ↑ Above median | +39.1% |
| 2021 | $804,800 | $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.