1301 W 13 ST TX 78703
| Owner | WITTLIFF 13TH ST LP |
|---|---|
| Parcel ID | 0110011201 |
| Short ID | 109135 |
| Type | Real |
| Use Code | 05 Apartment 5–25 Units |
| Valuation | Income |
| Improvement SF | 4,978 SF |
| Land SF | 8,293 SF |
| Acres | 0.190 |
| Year Built | 1939 |
| Legal | LOT 7 BLK G OLT 7 BLK Z SHELLEY HEIGHTS |
| Neighborhood | 05CEN |
| Land | $1,243,950 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,243,950 |
| Improvement | $349,010 |
|---|---|
| Total Improvement | $349,010 |
| Market | $1,592,960 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,592,960 |
| Value Limitation Adjustment (−) (homestead cap) | −$37,466 |
| Net Appraised (assessed) | $1,555,494 |
| Taxable Value | $1,555,494 |
|---|
Appreciation: Market value has risen +117.3% from $732,954 (2021) to $1,592,960 (2025), a CAGR of 21.4% 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 $31,833. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Assessment Gap: Assessed value ($1,555,494) is $37,466 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 78% of market value ($1,243,950 land vs $349,010 improvements), about $150/SF of land. With value concentrated in the land under a ~87-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 $1,592,960, 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 +21.4% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $4,203,539 by 2030, with an estimated annual tax burden around $47,190. 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.
6 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 2ND | 2nd Floor | 2,768 SF | ✓ |
| 1ST | 1st Floor | 2,210 SF | ✓ |
| 031C | GARAGE DET 1ST COMM | 748 SF | ✓ |
| 011C | PORCH OPEN 1ST COMM | 140 SF | ✗ |
| 251 | BATHROOM | 5 SF | ✓ |
| 531 | OBS FENCE | 2 SF | ✗ |
Market value changed by 77% in 2023, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| 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% | $13,852.25 | $13,852.25 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $7,845.67 | $7,845.67 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $5,627.22 | $5,627.22 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,767.06 | $1,767.06 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,548.12 | $1,548.12 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $30,640.32 | $30,640.32 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,543,180 | $1,592,960 | -3.1% |
| Assessed Value | $1,543,180 | $1,555,494 | -0.8% |
| Land Value | $1,243,950 | $1,243,950 | +0.0% |
| Improvement Value | $299,230 | $349,010 | -14.3% |
| Taxable Value | $1,543,180 | $1,555,494 | -0.8% |
| Total Tax 2026 = estimate |
~$31,581
Estimated
|
~$30,640
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,543,180 | $1,543,180 | +0 (+0.0%) |
| Taxable Value | $1,543,180 | $1,543,180 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,543,180 | $1,243,950 | $299,230 | — | $1,543,180 | $1,543,180 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,592,960 | $1,243,950 | $349,010 | −$37,466 | $1,555,494 | $1,555,494 | ~$30,640 | Partial |
| 2024 | $1,350,000 | — | — | −$106,050 | $1,243,950 | $— | $25,689 | Verified |
| 2023 | $808,547 | — | — | — | $1,243,950 ! | $— | $22,766 | Verified |
| 2022 | $732,954 | — | — | −$69,514 | $663,440 | $— | $15,968 | Verified |
| 2021 | $732,954 | — | — | −$69,514 | $663,440 | $— | $15,954 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -3.1% | -0.8% | ~100% | Not available | Partial |
| 2025 | +22.9% | +20.0% | 97.6% | Not available | Partial |
| 2024 | -9.7% | -9.7% | ~100% | 1.9800% | Verified |
| 2023 | +77.5% ! | +77.5% | ~100% | 1.5900% | Verified |
| 2022 | +10.3% | +10.3% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +117.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -3.1% | +18.4% | +22.2% | +67.0% | 2024 | -3.1% | 2026 |
| Assessment Ratio | 100.0% | 104.1% | — | 153.9% | 2023 | 90.5% | 2021 |
| Effective Tax Rate (2025) | 1.9200% | 1.9200% | — | 1.9200% | 2025 | 1.9200% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$30,640 | $22,204 | ~$40,586 | $30,640 | 2025 | $15,954 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,934,136 | ~$1,711,043 | ~2.0139% | ~$34,459 | +21.4% |
| 2027 | ~$2,348,383 | ~$1,882,148 | ~1.9814% | ~$37,293 | +47.4% |
| 2028 | ~$2,851,353 | ~$2,070,363 | ~1.9488% | ~$40,348 | +79.0% |
| 2029 | ~$3,462,047 | ~$2,277,399 | ~1.9163% | ~$43,642 | +117.3% |
| 2030 | ~$4,203,539 | ~$2,505,139 | ~1.8837% | ~$47,190 | +163.9% |
| 2026 | ~$1,902,276 | ~$1,711,043 | ~2.0465% | ~$35,016 | +19.4% |
| 2027 | ~$2,271,655 | ~$1,882,148 | ~2.0465% | ~$38,518 | +42.6% |
| 2028 | ~$2,712,758 | ~$2,070,363 | ~2.0465% | ~$42,370 | +70.3% |
| 2029 | ~$3,239,514 | ~$2,277,399 | ~2.0465% | ~$46,607 | +103.4% |
| 2030 | ~$3,868,553 | ~$2,505,139 | ~2.0465% | ~$51,267 | +142.9% |
| 2026 | ~$1,965,995 | ~$1,711,043 | ~1.9977% | ~$34,181 | +23.4% |
| 2027 | ~$2,426,386 | ~$1,882,148 | ~1.9488% | ~$36,680 | +52.3% |
| 2028 | ~$2,994,590 | ~$2,070,363 | ~1.9000% | ~$39,337 | +88.0% |
| 2029 | ~$3,695,854 | ~$2,277,399 | ~1.8512% | ~$42,159 | +132.0% |
| 2030 | ~$4,561,338 | ~$2,505,139 | ~1.8024% | ~$45,152 | +186.3% |
In 2025, this property's market value of $1,592,960 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 3× 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 | $1,592,960 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $1,350,000 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $808,547 | $503,905 | $617,035 | $919,932 | ↑ Above median | +0.9% |
| 2022 | $732,954 | $506,618 | $615,058 | $906,429 | ↑ Above median | +39.1% |
| 2021 | $732,954 | $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.