1203 MARSHALL LN TX 78703
| Owner | 1203 MARSHALL LANE LLC |
|---|---|
| Parcel ID | 0110011107 |
| Short ID | 109130 |
| Type | Real |
| Use Code | 04 Fourplex |
| Valuation | Income |
| Improvement SF | 3,300 SF |
| Land SF | 7,869 SF |
| Acres | 0.181 |
| Year Built | 1949 |
| Legal | S52FT OF LOT 2 BLK F OLT 7 DIV Z SHELLEY HEIGHTS |
| Neighborhood | Z3005 |
| Land | $841,294 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $841,294 |
| Improvement | $228,706 |
|---|---|
| Total Improvement | $228,706 |
| Market | $1,070,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,070,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,070,000 |
| Taxable Value | $1,070,000 |
|---|
Appreciation: Market value has risen +19.4% from $895,900 (2021) to $1,070,000 (2025), a CAGR of 4.5% 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 $21,897. 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 79% of market value ($841,294 land vs $228,706 improvements), about $107/SF of land. With value concentrated in the land under a ~77-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 $1,070,000, 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 +4.5% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,335,947 by 2030, with an estimated annual tax burden around $25,166. 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.
8 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 095 | HVAC RESIDENTIAL | 3,300 SF | ✗ |
| 1ST | 1st Floor | 1,650 SF | ✓ |
| 2ND | 2nd Floor | 1,650 SF | ✓ |
| 551 | PAVED AREA | 644 SF | ✗ |
| 051 | CARPORT DET 1ST | 574 SF | ✗ |
| 581 | STORAGE ATT | 224 SF | ✓ |
| 011 | PORCH OPEN 1ST F | 48 SF | ✗ |
| 132 | PLBG 5-FIXT AVG | 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% | $9,899.64 | $9,899.64 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $5,606.98 | $5,606.98 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $4,021.54 | $4,021.54 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,262.85 | $1,262.85 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,106.38 | $1,106.38 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $21,897.39 | $21,897.39 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $807,950 | $1,070,000 | -24.5% |
| Assessed Value | $807,950 | $1,070,000 | -24.5% |
| Land Value | $785,208 | $841,294 | -6.7% |
| Improvement Value | $22,742 | $228,706 | -90.1% |
| Taxable Value | $807,950 | $1,070,000 | -24.5% |
| Total Tax 2026 = estimate |
~$16,535
Estimated
|
~$21,897
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $962,051 | $807,950 | -154,101 (-16.0%) |
| Taxable Value | $962,051 | $807,950 | -154,101 (-16.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $807,950 | $785,208 | $22,742 | — | $807,950 | $807,950 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,070,000 | $841,294 | $228,706 | — | $1,070,000 | $1,070,000 | ~$21,897 | Partial |
| 2024 | $1,158,600 | — | — | −$408,600 | $750,000 | $— | $23,782 | Verified |
| 2023 | $1,181,486 | — | — | −$393,986 | $787,500 | $— | $20,962 | Verified |
| 2022 | $948,200 | — | — | −$160,700 | $787,500 | $— | $23,333 | Verified |
| 2021 | $895,900 | — | — | −$370,900 | $525,000 | $— | $20,639 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -10.1% | -10.1% | ~100% | Not available | Partial |
| 2025 | -10.8% | -10.8% | ~100% | Not available | Partial |
| 2024 | +3.6% | +3.6% | ~100% | 1.9800% | Verified |
| 2023 | -1.9% | -1.9% | ~100% | 1.8100% | Verified |
| 2022 | +24.6% | +24.6% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.3000% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +12.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -24.5% | -0.7% | +11.3% | +24.6% | 2023 | -24.5% | 2026 |
| Assessment Ratio | 100.0% | 78.9% | — | 100.0% | 2025 | 58.6% | 2021 |
| 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 |
$21,897 | $22,123 | ~$23,835 | $23,782 | 2024 | $20,639 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,118,574 | ~$1,118,574 | ~2.0139% | ~$22,527 | +4.5% |
| 2027 | ~$1,169,354 | ~$1,169,354 | ~1.9814% | ~$23,169 | +9.3% |
| 2028 | ~$1,222,438 | ~$1,222,438 | ~1.9488% | ~$23,823 | +14.2% |
| 2029 | ~$1,277,933 | ~$1,277,933 | ~1.9163% | ~$24,489 | +19.4% |
| 2030 | ~$1,335,947 | ~$1,335,947 | ~1.8837% | ~$25,166 | +24.9% |
| 2026 | ~$1,097,174 | ~$1,097,174 | ~2.0465% | ~$22,454 | +2.5% |
| 2027 | ~$1,125,039 | ~$1,125,039 | ~2.0465% | ~$23,024 | +5.1% |
| 2028 | ~$1,153,611 | ~$1,153,611 | ~2.0465% | ~$23,608 | +7.8% |
| 2029 | ~$1,182,909 | ~$1,182,909 | ~2.0465% | ~$24,208 | +10.6% |
| 2030 | ~$1,212,950 | ~$1,212,950 | ~2.0465% | ~$24,823 | +13.4% |
| 2026 | ~$1,139,974 | ~$1,139,974 | ~1.9977% | ~$22,773 | +6.5% |
| 2027 | ~$1,214,525 | ~$1,214,525 | ~1.9488% | ~$23,669 | +13.5% |
| 2028 | ~$1,293,950 | ~$1,293,950 | ~1.9000% | ~$24,585 | +20.9% |
| 2029 | ~$1,378,570 | ~$1,378,570 | ~1.8512% | ~$25,520 | +28.8% |
| 2030 | ~$1,468,724 | ~$1,468,724 | ~1.8024% | ~$26,472 | +37.3% |
In 2025, this property's market value of $1,070,000 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — +106% 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 | $1,070,000 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $1,158,600 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $1,181,486 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $948,200 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $895,900 | $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.