1208 W 12 ST TX 78703
| Owner | ATKINSON SIMON D |
|---|---|
| Parcel ID | 0110011303 |
| Short ID | 109152 |
| Type | Real |
| Use Code | 02 Duplex |
| Valuation | Cost |
| Improvement SF | 2,590 SF |
| Land SF | 8,116 SF |
| Acres | 0.186 |
| Year Built | 1910 |
| Legal | 55 X 150 FT OLT 7 DIVISION Z |
| Neighborhood | Z3005 |
| Land | $845,929 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $845,929 |
| Improvement | $404,071 |
|---|---|
| Total Improvement | $404,071 |
| Market | $1,250,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,250,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,250,000 |
| Taxable Value | $1,250,000 |
|---|
Appreciation: Market value has risen +25.0% from $1,000,000 (2021) to $1,250,000 (2025), a CAGR of 5.7% 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 $25,581. 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 68% of market value ($845,929 land vs $404,071 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 $1,250,000, 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 +5.7% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,652,143 by 2030, with an estimated annual tax burden around $31,122. 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 |
|---|---|---|---|
| 1ST | 1st Floor | 1,910 SF | ✓ |
| 095 | HVAC RESIDENTIAL | 1,690 SF | ✗ |
| 2ND | 2nd Floor | 680 SF | ✓ |
| 581 | STORAGE ATT | 460 SF | ✓ |
| 011 | PORCH OPEN 1ST F | 436 SF | ✗ |
| 613 | TERRACE COVERED | 114 SF | ✗ |
| 571 | STORAGE DET | 100 SF | ✓ |
| 251 | BATHROOM | 3 SF | ✓ |
| 522 | FIREPLACE | 2 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% | $11,565.00 | $11,565.00 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $6,550.21 | $6,550.21 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $4,698.06 | $4,698.06 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,475.29 | $1,475.29 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,292.50 | $1,292.50 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $25,581.06 | $25,581.06 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $807,738 | $1,250,000 | -35.4% |
| Assessed Value | $807,738 | $1,250,000 | -35.4% |
| Land Value | $789,534 | $845,929 | -6.7% |
| Improvement Value | $18,204 | $404,071 | -95.5% |
| Taxable Value | $807,738 | $1,250,000 | -35.4% |
| Total Tax 2026 = estimate |
~$16,530
Estimated
|
~$25,581
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $999,566 | $807,738 | -191,828 (-19.2%) |
| Taxable Value | $999,566 | $807,738 | -191,828 (-19.2%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $807,738 | $789,534 | $18,204 | — | $807,738 | $807,738 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,250,000 | $845,929 | $404,071 | — | $1,250,000 | $1,250,000 | ~$25,581 | Partial |
| 2024 | $1,400,455 | — | — | −$650,455 | $750,000 | $— | $26,200 | Verified |
| 2023 | $1,253,340 | — | — | −$428,340 | $825,000 | $— | $25,338 | Verified |
| 2022 | $1,000,000 | — | — | −$175,000 | $825,000 | $— | $24,753 | Verified |
| 2021 | $1,000,000 | — | — | −$450,000 | $550,000 | $— | $21,767 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -20.0% | -20.0% | ~100% | Not available | Partial |
| 2025 | -5.4% | -5.4% | ~100% | Not available | Partial |
| 2024 | -5.6% | -5.6% | ~100% | 1.9800% | Verified |
| 2023 | +11.7% | +11.7% | ~100% | 1.8100% | Verified |
| 2022 | +25.3% | +25.3% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +25.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -35.4% | -1.8% | +17.3% | +25.3% | 2023 | -35.4% | 2026 |
| Assessment Ratio | 100.0% | 76.1% | — | 100.0% | 2025 | 53.6% | 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 |
$25,581 | $24,728 | ~$28,834 | $26,200 | 2024 | $21,767 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,321,714 | ~$1,321,714 | ~2.0139% | ~$26,618 | +5.7% |
| 2027 | ~$1,397,542 | ~$1,397,542 | ~1.9814% | ~$27,691 | +11.8% |
| 2028 | ~$1,477,721 | ~$1,477,721 | ~1.9488% | ~$28,798 | +18.2% |
| 2029 | ~$1,562,500 | ~$1,562,500 | ~1.9163% | ~$29,942 | +25.0% |
| 2030 | ~$1,652,143 | ~$1,652,143 | ~1.8837% | ~$31,122 | +32.2% |
| 2026 | ~$1,296,714 | ~$1,296,714 | ~2.0465% | ~$26,537 | +3.7% |
| 2027 | ~$1,345,174 | ~$1,345,174 | ~2.0465% | ~$27,529 | +7.6% |
| 2028 | ~$1,395,445 | ~$1,395,445 | ~2.0465% | ~$28,558 | +11.6% |
| 2029 | ~$1,447,594 | ~$1,447,594 | ~2.0465% | ~$29,625 | +15.8% |
| 2030 | ~$1,501,693 | ~$1,501,693 | ~2.0465% | ~$30,732 | +20.1% |
| 2026 | ~$1,346,714 | ~$1,346,714 | ~1.9977% | ~$26,903 | +7.7% |
| 2027 | ~$1,450,911 | ~$1,450,911 | ~1.9488% | ~$28,276 | +16.1% |
| 2028 | ~$1,563,170 | ~$1,563,170 | ~1.9000% | ~$29,700 | +25.1% |
| 2029 | ~$1,684,114 | ~$1,684,114 | ~1.8512% | ~$31,176 | +34.7% |
| 2030 | ~$1,814,416 | ~$1,814,416 | ~1.8024% | ~$32,703 | +45.2% |
In 2025, this property's market value of $1,250,000 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — +140% 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 | $1,250,000 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $1,400,455 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $1,253,340 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $1,000,000 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $1,000,000 | $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.