1210 LORRAIN ST TX 78703
| Owner | FENTON TEXAS LLC |
|---|---|
| Parcel ID | 0110011101 |
| Short ID | 109124 |
| Type | Real |
| Use Code | 05 Apartment 5–25 Units |
| Valuation | Income |
| Improvement SF | 5,940 SF |
| Land SF | 12,040 SF |
| Acres | 0.276 |
| Year Built | 1972 |
| Legal | LOT 7 * & N28.66FT OF LOT 8 BLK F OLT 7 DIV Z SHELLEY HEIGHTS |
| Neighborhood | 05CEN |
| Land | $1,806,000 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,806,000 |
| Improvement | $243,300 |
|---|---|
| Total Improvement | $243,300 |
| Market | $2,049,300 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,049,300 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $2,049,300 |
| Taxable Value | $2,049,300 |
|---|
Appreciation: Market value has risen +27.8% from $1,603,800 (2021) to $2,049,300 (2025), a CAGR of 6.3% over 4 years. This represents moderate, steady growth. 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 lagged 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 $41,939. 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 88% of market value ($1,806,000 land vs $243,300 improvements), about $150/SF of land. With value concentrated in the land under a ~54-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 $2,049,300, 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 +6.3% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,784,035 by 2030, with an estimated annual tax burden around $52,444. 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 |
|---|---|---|---|
| 551 | PAVED AREA | 4,900 SF | ✗ |
| 2ND | 2nd Floor | 3,168 SF | ✓ |
| 1ST | 1st Floor | 2,772 SF | ✓ |
| 591 | MASONRY TRIM SF | 1,500 SF | ✗ |
| 011C | PORCH OPEN 1ST COMM | 786 SF | ✗ |
| 012C | PORCH OPEN 2 COMM | 656 SF | ✗ |
| 581C | STORAGE ATT COMM | 436 SF | ✓ |
| 132 | PLBG 5-FIXT AVG | 1 SF | ✓ |
| 269 | OBS RANGE DRP-IN | 1 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% | $18,960.12 | $18,960.12 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $10,738.68 | $10,738.68 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $7,702.19 | $7,702.19 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,418.65 | $2,418.65 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,118.98 | $2,118.98 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $41,938.62 | $41,938.62 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,168,100 | $2,049,300 | +5.8% |
| Assessed Value | $2,168,100 | $2,049,300 | +5.8% |
| Land Value | $1,806,000 | $1,806,000 | +0.0% |
| Improvement Value | $362,100 | $243,300 | +48.8% |
| Taxable Value | $2,168,100 | $2,049,300 | +5.8% |
| Total Tax 2026 = estimate |
~$44,370
Estimated
|
~$41,939
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $2,168,100 | $2,168,100 | +0 (+0.0%) |
| Taxable Value | $2,168,100 | $2,168,100 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,168,100 | $1,806,000 | $362,100 | — | $2,168,100 | $2,168,100 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $2,049,300 | $1,806,000 | $243,300 | — | $2,049,300 | $2,049,300 | ~$41,939 | Partial |
| 2024 | $1,841,400 | — | — | −$35,400 | $1,806,000 | $— | $38,259 | Verified |
| 2023 | $1,662,277 | — | — | — | $1,806,000 ! | $— | $33,315 | Verified |
| 2022 | $1,663,200 | — | — | −$700,000 | $963,200 | $— | $32,829 | Verified |
| 2021 | $1,603,800 | — | — | −$640,600 | $963,200 | $— | $36,203 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +5.8% | +5.8% | ~100% | Not available | Partial |
| 2025 | +6.2% | +6.2% | ~100% | Not available | Partial |
| 2024 | +4.8% | +4.8% | ~100% | 1.9800% | Verified |
| 2023 | +10.8% | +10.8% | ~100% | 1.8100% | Verified |
| 2022 | -0.1% | -0.1% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.2600% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +23.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +5.8% | +6.3% | +5.2% | +11.3% | 2025 | -0.1% | 2023 |
| Assessment Ratio | 100.0% | 87.5% | — | 108.6% | 2023 | 57.9% | 2022 |
| 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 |
$41,939 | $36,509 | ~$48,080 | $41,939 | 2025 | $32,829 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,178,810 | ~$2,178,810 | ~2.0139% | ~$43,880 | +6.3% |
| 2027 | ~$2,316,505 | ~$2,316,505 | ~1.9814% | ~$45,899 | +13.0% |
| 2028 | ~$2,462,901 | ~$2,462,901 | ~1.9488% | ~$47,998 | +20.2% |
| 2029 | ~$2,618,550 | ~$2,618,550 | ~1.9163% | ~$50,179 | +27.8% |
| 2030 | ~$2,784,035 | ~$2,784,035 | ~1.8837% | ~$52,444 | +35.9% |
| 2026 | ~$2,137,824 | ~$2,137,824 | ~2.0465% | ~$43,750 | +4.3% |
| 2027 | ~$2,230,172 | ~$2,230,172 | ~2.0465% | ~$45,640 | +8.8% |
| 2028 | ~$2,326,509 | ~$2,326,509 | ~2.0465% | ~$47,612 | +13.5% |
| 2029 | ~$2,427,008 | ~$2,427,008 | ~2.0465% | ~$49,668 | +18.4% |
| 2030 | ~$2,531,848 | ~$2,531,848 | ~2.0465% | ~$51,814 | +23.5% |
| 2026 | ~$2,219,796 | ~$2,219,796 | ~1.9977% | ~$44,344 | +8.3% |
| 2027 | ~$2,404,477 | ~$2,404,477 | ~1.9488% | ~$46,859 | +17.3% |
| 2028 | ~$2,604,523 | ~$2,604,523 | ~1.9000% | ~$49,486 | +27.1% |
| 2029 | ~$2,821,212 | ~$2,821,212 | ~1.8512% | ~$52,226 | +37.7% |
| 2030 | ~$3,055,929 | ~$3,055,929 | ~1.8024% | ~$55,079 | +49.1% |
In 2025, this property's market value of $2,049,300 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 4× 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 | $2,049,300 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $1,841,400 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $1,662,277 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $1,663,200 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $1,603,800 | $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.