1208 SHELLEY AVE TX 78703
| Owner | PAXTON CASEY |
|---|---|
| Parcel ID | 0110011202 |
| Short ID | 109136 |
| Type | Real |
| Use Code | 02 Duplex |
| Valuation | Cost |
| Improvement SF | 1,622 SF |
| Land SF | 8,172 SF |
| Acres | 0.188 |
| Year Built | 1958 |
| Legal | LOT 8 BLK G OLT 7 DIV Z SHELLEY HEIGHTS |
| Neighborhood | Z3005 |
| Land | $846,971 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $846,971 |
| Improvement | $387,359 |
|---|---|
| Total Improvement | $387,359 |
| Market | $1,234,330 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,234,330 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,234,330 |
| Taxable Value | $1,234,330 |
|---|
Appreciation: Market value has risen +34.5% from $917,749 (2021) to $1,234,330 (2025), a CAGR of 7.7% over 4 years. This represents moderate, steady growth. Most of this growth came in a single year (2022→2023), 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 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 $25,260. 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 cost approach, tied more to replacement cost and physical condition than to income performance.
Value Composition: Land carries 69% of market value ($846,971 land vs $387,359 improvements), about $104/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $1,234,330, 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 +7.7% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,787,786 by 2030, with an estimated annual tax burden around $33,677. 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.
7 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 1,622 SF | ✓ |
| 095 | HVAC RESIDENTIAL | 1,622 SF | ✗ |
| 051 | CARPORT DET 1ST | 448 SF | ✗ |
| 581 | STORAGE ATT | 112 SF | ✓ |
| 011 | PORCH OPEN 1ST F | 88 SF | ✗ |
| 252 | BEDROOMS | 4 SF | ✓ |
| 251 | BATHROOM | 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% | $11,420.02 | $11,420.02 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $6,468.10 | $6,468.10 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $4,639.17 | $4,639.17 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,456.79 | $1,456.79 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,276.30 | $1,276.30 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $25,260.38 | $25,260.38 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $907,184 | $1,234,330 | -26.5% |
| Assessed Value | $907,184 | $1,234,330 | -26.5% |
| Land Value | $790,506 | $846,971 | -6.7% |
| Improvement Value | $116,678 | $387,359 | -69.9% |
| Taxable Value | $907,184 | $1,234,330 | -26.5% |
| Total Tax 2026 = estimate |
~$18,565
Estimated
|
~$25,260
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $907,184 | $907,184 | +0 (+0.0%) |
| Taxable Value | $907,184 | $907,184 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $907,184 | $790,506 | $116,678 | — | $907,184 | $907,184 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,234,330 | $846,971 | $387,359 | — | $1,234,330 | $1,234,330 | ~$25,260 | Partial |
| 2024 | $1,385,778 | — | — | −$635,778 | $750,000 | $— | $25,960 | Verified |
| 2023 | $1,293,160 | — | — | −$468,160 | $825,000 | $— | $25,072 | Verified |
| 2022 | $844,484 | — | — | −$19,484 | $825,000 | $— | $25,539 | Verified |
| 2021 | $917,749 | — | — | −$367,749 | $550,000 | $— | $18,382 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -26.5% | -26.5% | ~100% | Not available | Partial |
| 2025 | -5.8% | -5.8% | ~100% | Not available | Partial |
| 2024 | -5.5% | -5.5% | ~100% | 1.9800% | Verified |
| 2023 | +7.2% | +7.2% | ~100% | 1.8100% | Verified |
| 2022 | +53.1% | +53.1% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.0000% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +46.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -26.5% | +3.0% | +15.5% | +53.1% | 2023 | -26.5% | 2026 |
| Assessment Ratio | 100.0% | 79.2% | — | 100.0% | 2025 | 54.1% | 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 |
$25,260 | $24,043 | ~$30,133 | $25,960 | 2024 | $18,382 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,329,254 | ~$1,329,254 | ~2.0139% | ~$26,770 | +7.7% |
| 2027 | ~$1,431,479 | ~$1,431,479 | ~1.9814% | ~$28,363 | +16.0% |
| 2028 | ~$1,541,565 | ~$1,541,565 | ~1.9488% | ~$30,043 | +24.9% |
| 2029 | ~$1,660,117 | ~$1,660,117 | ~1.9163% | ~$31,813 | +34.5% |
| 2030 | ~$1,787,786 | ~$1,787,786 | ~1.8837% | ~$33,677 | +44.8% |
| 2026 | ~$1,304,568 | ~$1,304,568 | ~2.0465% | ~$26,698 | +5.7% |
| 2027 | ~$1,378,803 | ~$1,378,803 | ~2.0465% | ~$28,217 | +11.7% |
| 2028 | ~$1,457,261 | ~$1,457,261 | ~2.0465% | ~$29,823 | +18.1% |
| 2029 | ~$1,540,185 | ~$1,540,185 | ~2.0465% | ~$31,520 | +24.8% |
| 2030 | ~$1,627,827 | ~$1,627,827 | ~2.0465% | ~$33,313 | +31.9% |
| 2026 | ~$1,353,941 | ~$1,353,941 | ~1.9977% | ~$27,047 | +9.7% |
| 2027 | ~$1,485,143 | ~$1,485,143 | ~1.9488% | ~$28,943 | +20.3% |
| 2028 | ~$1,629,059 | ~$1,629,059 | ~1.9000% | ~$30,952 | +32.0% |
| 2029 | ~$1,786,920 | ~$1,786,920 | ~1.8512% | ~$33,079 | +44.8% |
| 2030 | ~$1,960,079 | ~$1,960,079 | ~1.8024% | ~$35,328 | +58.8% |
In 2025, this property's market value of $1,234,330 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — +137% 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 | $1,234,330 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $1,385,778 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $1,293,160 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $844,484 | $506,618 | $615,058 | $906,429 | ↑ Above median | +39.1% |
| 2021 | $917,749 | $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.