1514 W 9 ST TX 78703
| Owner | DEMARIS DAVID LEE & |
|---|---|
| Parcel ID | 0110020636 |
| Short ID | 109278 |
| Type | Real |
| Use Code | 02 Duplex |
| Valuation | Cost |
| Improvement SF | 1,700 SF |
| Land SF | 6,082 SF |
| Acres | 0.140 |
| Year Built | 1911 |
| Legal | LOT 2 OLT 4 DIV Z ASSMAN |
| Neighborhood | Z3005 |
| Land | $807,785 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $807,785 |
| Improvement | $414,991 |
|---|---|
| Total Improvement | $414,991 |
| Market | $1,222,776 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,222,776 |
| Value Limitation Adjustment (−) (homestead cap) | −$150,227 |
| Net Appraised (assessed) | $1,072,549 |
| Exemptions (−) (HS,OV65) | −$357,730 |
|---|---|
| Taxable Value | $714,819 |
Appreciation: Market value has risen +55.8% from $784,974 (2021) to $1,222,776 (2025), a CAGR of 11.7% over 4 years. This is strong appreciation — well above typical inflation. 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 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 $14,629. Austin ISD is the largest single contributor, at 49.5% of the total 2025 levy.
Assessment Gap: Assessed value ($1,072,549) is $150,227 below market value, suggesting potential for an upward assessment in future years.
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 66% of market value ($807,785 land vs $414,991 improvements), about $133/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $1,222,776, 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 +11.7% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,127,950 by 2030, with an estimated annual tax burden around $32,539. 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.
4 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 1,700 SF | ✓ |
| 031 | GARAGE DET 1ST F | 522 SF | ✓ |
| 011 | PORCH OPEN 1ST F | 48 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% | $7,841.52 | $7,841.52 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $3,490.16 | $3,490.16 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,686.61 | $2,686.61 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,020.38 | $1,020.38 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $794.10 | $794.10 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $15,832.77 | $15,832.77 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $878,542 | $1,222,776 | -28.2% |
| Assessed Value | $878,542 | $1,072,549 | -18.1% |
| Land Value | $753,933 | $807,785 | -6.7% |
| Improvement Value | $124,609 | $414,991 | -70.0% |
| Taxable Value | $557,565 | $714,819 | -22.0% |
| Exemptions | HS,OV65 | HS,OV65 | |
| Total Tax 2026 = estimate |
~$11,410
Estimated
|
~$15,833
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $878,542 | $878,542 | +0 (+0.0%) |
| Taxable Value | $559,614 | $557,565 | -2,049 (-0.4%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $878,542 | $753,933 | $124,609 | — | $878,542 | $557,565 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,222,776 | $807,785 | $414,991 | −$150,227 | $1,072,549 | $714,819 | ~$15,833 | Partial |
| 2024 | $1,341,169 | — | — | −$591,169 | $750,000 | $— | $16,550 | Verified |
| 2023 | $1,243,534 | — | — | −$493,534 | $750,000 | $— | $13,660 | Verified |
| 2022 | $810,442 | — | — | −$60,442 | $750,000 | $— | $14,090 | Verified |
| 2021 | $784,974 | — | — | −$284,974 | $500,000 | $— | $14,192 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -28.2% | -18.1% | ~100% | Not available | Partial |
| 2025 | -9.5% | +10.0% | 87.7% | Not available | Partial |
| 2024 | +0.7% | +10.0% | 72.2% | 1.2300% | Verified |
| 2023 | +7.9% | +10.0% | 66.1% | 1.0200% | Verified |
| 2022 | +53.4% | +10.0% | 64.8% | 1.1300% | Verified |
| 2021 | base year | — | 90.4% | 1.8100% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +50.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -28.2% | +5.5% | +20.5% | +53.4% | 2023 | -28.2% | 2026 |
| Assessment Ratio | 100.0% | 76.7% | — | 100.0% | 2026 | 55.9% | 2024 |
| Effective Tax Rate (2025) | 1.2900% | 1.2900% | — | 1.2900% | 2025 | 1.2900% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$15,833 | $14,865 | ~$27,985 | $16,550 | 2024 | $13,660 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,366,060 | ~$1,179,804 | ~2.0139% | ~$23,761 | +11.7% |
| 2027 | ~$1,526,134 | ~$1,297,784 | ~1.9814% | ~$25,714 | +24.8% |
| 2028 | ~$1,704,966 | ~$1,427,563 | ~1.9488% | ~$27,821 | +39.4% |
| 2029 | ~$1,904,752 | ~$1,570,319 | ~1.9163% | ~$30,092 | +55.8% |
| 2030 | ~$2,127,950 | ~$1,727,351 | ~1.8837% | ~$32,539 | +74.0% |
| 2026 | ~$1,341,605 | ~$1,179,804 | ~2.0465% | ~$24,145 | +9.7% |
| 2027 | ~$1,471,981 | ~$1,297,784 | ~2.0465% | ~$26,559 | +20.4% |
| 2028 | ~$1,615,027 | ~$1,427,563 | ~2.0465% | ~$29,215 | +32.1% |
| 2029 | ~$1,771,974 | ~$1,570,319 | ~2.0465% | ~$32,136 | +44.9% |
| 2030 | ~$1,944,174 | ~$1,727,351 | ~2.0465% | ~$35,350 | +59.0% |
| 2026 | ~$1,390,516 | ~$1,179,804 | ~1.9977% | ~$23,568 | +13.7% |
| 2027 | ~$1,581,266 | ~$1,297,784 | ~1.9488% | ~$25,292 | +29.3% |
| 2028 | ~$1,798,183 | ~$1,427,563 | ~1.9000% | ~$27,124 | +47.1% |
| 2029 | ~$2,044,856 | ~$1,570,319 | ~1.8512% | ~$29,070 | +67.2% |
| 2030 | ~$2,325,368 | ~$1,727,351 | ~1.8024% | ~$31,133 | +90.2% |
In 2025, this property's market value of $1,222,776 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — +135% 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 | $1,222,776 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $1,341,169 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $1,243,534 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $810,442 | $506,618 | $615,058 | $906,429 | ↑ Above median | +39.1% |
| 2021 | $784,974 | $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.