700 MERIDEN LN TX 78703
| Owner | SUSAN OGDEN PROPERTIES LLC |
|---|---|
| Parcel ID | 0110061009 |
| Short ID | 109514 |
| Type | Real |
| Use Code | 03 Triplex |
| Valuation | Income |
| Improvement SF | 1,876 SF |
| Land SF | 6,609 SF |
| Acres | 0.152 |
| Year Built | 1929 |
| Legal | LOT 1 BLK 1 DEEP EDDY HEIGHTS |
| Neighborhood | XSMF1 |
| Land | $633,282 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $633,282 |
| Improvement | $6,718 |
|---|---|
| Total Improvement | $6,718 |
| Market | $640,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $640,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $640,000 |
| Taxable Value | $640,000 |
|---|
Appreciation: Market value has risen +14.6% from $558,700 (2021) to $640,000 (2025), a CAGR of 3.5% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2025→2026), 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 $13,098. 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 99% of market value ($633,282 land vs $6,718 improvements), about $96/SF of land. With value concentrated in the land under a ~97-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 $640,000, this parcel sits in the upper-middle (50th–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 +3.5% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $758,458 by 2030, with an estimated annual tax burden around $14,287. 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.
5 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 1,372 SF | ✓ |
| 2ND | 2nd Floor | 504 SF | ✓ |
| SO | Sketch Only | 78 SF | ✗ |
| 011 | PORCH OPEN 1ST F | 36 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% | $5,921.28 | $5,921.28 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $3,353.71 | $3,353.71 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,405.41 | $2,405.41 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $755.35 | $755.35 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $661.76 | $661.76 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $13,097.51 | $13,097.51 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,066,566 | $640,000 | +66.7% |
| Assessed Value | $768,000 | $640,000 | +20.0% |
| Land Value | $633,282 | $633,282 | +0.0% |
| Improvement Value | $433,284 | $6,718 | +6349.6% |
| Taxable Value | $768,000 | $640,000 | +20.0% |
| HS Cap Loss | -$298,566 | — | |
| Total Tax 2026 = estimate |
~$15,717
Estimated
|
~$13,098
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,066,566 | $1,066,566 | +0 (+0.0%) |
| Taxable Value | $768,000 | $768,000 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,066,566 | $633,282 | $433,284 | −$298,566 | $768,000 | $768,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $640,000 | $633,282 | $6,718 | — | $640,000 | $640,000 | ~$13,098 | Partial |
| 2024 | $1,000,000 | — | — | −$300,000 | $700,000 | $— | $16,087 | Verified |
| 2023 | $1,062,528 | — | — | −$62,528 | $1,000,000 | $— | $18,092 | Verified |
| 2022 | $676,000 | — | — | — | $1,000,000 ! | $— | $20,984 | Verified |
| 2021 | $558,700 | — | — | −$108,700 | $450,000 | $— | $14,714 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +66.7% | +20.0% | 72.0% | Not available | Partial |
| 2025 | -21.2% | -21.2% | ~100% | Not available | Partial |
| 2024 | -18.8% | -18.8% | ~100% | 1.9800% | Verified |
| 2023 | -5.9% | -5.9% | ~100% | 1.8100% | Verified |
| 2022 | +57.2% | +57.2% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.6300% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -5.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +66.7% | +20.6% | -4.8% | +66.7% | 2026 | -36.0% | 2025 |
| Assessment Ratio | 72.0% | 94.1% | — | 147.9% | 2022 | 70.0% | 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 |
$13,098 | $16,595 | ~$13,810 | $20,984 | 2022 | $13,098 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$662,110 | ~$662,110 | ~2.0139% | ~$13,334 | +3.5% |
| 2027 | ~$684,984 | ~$684,984 | ~1.9814% | ~$13,572 | +7.0% |
| 2028 | ~$708,649 | ~$708,649 | ~1.9488% | ~$13,810 | +10.7% |
| 2029 | ~$733,130 | ~$733,130 | ~1.9163% | ~$14,049 | +14.6% |
| 2030 | ~$758,458 | ~$758,458 | ~1.8837% | ~$14,287 | +18.5% |
| 2026 | ~$649,310 | ~$649,310 | ~2.0465% | ~$13,288 | +1.5% |
| 2027 | ~$658,756 | ~$658,756 | ~2.0465% | ~$13,481 | +2.9% |
| 2028 | ~$668,339 | ~$668,339 | ~2.0465% | ~$13,677 | +4.4% |
| 2029 | ~$678,061 | ~$678,061 | ~2.0465% | ~$13,876 | +5.9% |
| 2030 | ~$687,925 | ~$687,925 | ~2.0465% | ~$14,078 | +7.5% |
| 2026 | ~$674,910 | ~$674,910 | ~1.9977% | ~$13,482 | +5.5% |
| 2027 | ~$711,725 | ~$711,725 | ~1.9488% | ~$13,870 | +11.2% |
| 2028 | ~$750,547 | ~$750,547 | ~1.9000% | ~$14,261 | +17.3% |
| 2029 | ~$791,488 | ~$791,488 | ~1.8512% | ~$14,652 | +23.7% |
| 2030 | ~$834,661 | ~$834,661 | ~1.8024% | ~$15,044 | +30.4% |
In 2025, this property's market value of $640,000 places it in the 50th–75th percentile for Multi-Family properties in Travis County (12584 comparable) — +23% 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 | $640,000 | $438,669 | $519,778 | $749,859 | ↑ Above median | -7.5% |
| 2024 | $1,000,000 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $1,062,528 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $676,000 | $506,618 | $615,058 | $906,429 | ↑ Above median | +39.1% |
| 2021 | $558,700 | $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.