1715 WATERSTON AVE AUSTIN, TX 78703
| Owner | LIPOF GUY R & SUE E WILSON |
|---|---|
| Parcel ID | 0111030204 |
| Short ID | 110038 |
| Type | Real |
| Use Code | 02 Duplex |
| Valuation | Cost |
| Improvement SF | 1,826 SF |
| Land SF | 5,488 SF |
| Acres | 0.126 |
| Year Built | 1922 |
| Legal | NW 45X125FT OF LOT 10 BLK 14 MAAS ADDN |
| Neighborhood | Z3005 |
| Land | $796,650 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $796,650 |
| Improvement | $687,815 |
|---|---|
| Total Improvement | $687,815 |
| Market | $1,484,465 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,484,465 |
| Value Limitation Adjustment (−) (homestead cap) | −$341,929 |
| Net Appraised (assessed) | $1,142,536 |
| Exemptions (−) (HS) | −$228,507 |
|---|---|
| Taxable Value | $914,029 |
Appreciation: Market value has risen +39.0% from $1,067,598 (2021) to $1,484,465 (2025), a CAGR of 8.6% over 4 years. This is strong appreciation — well above typical inflation. 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 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 $18,705. Austin ISD is the largest single contributor, at 47.0% of the total 2025 levy.
Assessment Gap: Assessed value ($1,142,536) is $341,929 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 54% of market value ($796,650 land vs $687,815 improvements), about $145/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $1,484,465, 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 +8.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,241,417 by 2030, with an estimated annual tax burden around $34,662. 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 |
|---|---|---|---|
| 095 | HVAC RESIDENTIAL | 1,826 SF | ✗ |
| 1ST | 1st Floor | 1,434 SF | ✓ |
| 2ND | 2nd Floor | 392 SF | ✓ |
| 512 | DECK UNCOVRED | 195 SF | ✗ |
| 011 | PORCH OPEN 1ST F | 112 SF | ✗ |
| 251 | BATHROOM | 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% | $9,275.46 | $9,275.46 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $4,789.67 | $4,789.67 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,435.33 | $3,435.33 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,169.57 | $1,169.57 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,078.76 | $1,078.76 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $19,748.79 | $19,748.79 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $743,541 | $1,484,465 | -49.9% |
| Assessed Value | $743,541 | $1,142,536 | -34.9% |
| Land Value | $743,540 | $796,650 | -6.7% |
| Improvement Value | $1 | $687,815 | -100.0% |
| Taxable Value | $594,833 | $914,029 | -34.9% |
| Exemptions | HS | HS | |
| Total Tax 2026 = estimate |
~$12,173
Estimated
|
~$19,749
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $861,410 | $743,541 | -117,869 (-13.7%) |
| Taxable Value | $689,128 | $594,833 | -94,295 (-13.7%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $743,541 | $743,540 | $1 | — | $743,541 | $594,833 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,484,465 | $796,650 | $687,815 | −$341,929 | $1,142,536 | $914,029 | ~$19,749 | Partial |
| 2024 | $1,476,659 | — | — | −$726,659 | $750,000 | $— | $17,692 | Verified |
| 2023 | $1,350,448 | — | — | −$637,948 | $712,500 | $— | $14,608 | Verified |
| 2022 | $876,271 | — | — | −$163,771 | $712,500 | $— | $15,036 | Verified |
| 2021 | $1,067,598 | — | — | −$592,598 | $475,000 | $— | $15,136 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -42.0% | -24.6% | ~100% | Not available | Partial |
| 2025 | -15.0% | +10.0% | 77.0% | Not available | Partial |
| 2024 | +18.3% | +10.0% | 59.5% | 1.0100% | Verified |
| 2023 | +9.3% | +10.0% | 63.9% | 0.9900% | Verified |
| 2022 | +54.1% | +10.0% | 63.6% | 1.1100% | Verified |
| 2021 | base year | — | 89.1% | 1.4200% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +69.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -49.9% | -0.8% | +30.2% | +54.1% | 2023 | -49.9% | 2026 |
| Assessment Ratio | 100.0% | 67.7% | — | 100.0% | 2026 | 44.5% | 2021 |
| Effective Tax Rate (2025) | 1.3300% | 1.3300% | — | 1.3300% | 2025 | 1.3300% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$19,749 | $16,444 | ~$29,811 | $19,749 | 2025 | $14,608 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,611,983 | ~$1,256,790 | ~2.0139% | ~$25,311 | +8.6% |
| 2027 | ~$1,750,455 | ~$1,382,469 | ~1.9814% | ~$27,392 | +17.9% |
| 2028 | ~$1,900,823 | ~$1,520,715 | ~1.9488% | ~$29,636 | +28.0% |
| 2029 | ~$2,064,107 | ~$1,672,787 | ~1.9163% | ~$32,055 | +39.0% |
| 2030 | ~$2,241,417 | ~$1,840,066 | ~1.8837% | ~$34,662 | +51.0% |
| 2026 | ~$1,582,294 | ~$1,256,790 | ~2.0465% | ~$25,720 | +6.6% |
| 2027 | ~$1,686,570 | ~$1,382,469 | ~2.0465% | ~$28,292 | +13.6% |
| 2028 | ~$1,797,718 | ~$1,520,715 | ~2.0465% | ~$31,121 | +21.1% |
| 2029 | ~$1,916,191 | ~$1,672,787 | ~2.0465% | ~$34,233 | +29.1% |
| 2030 | ~$2,042,471 | ~$1,840,066 | ~2.0465% | ~$37,657 | +37.6% |
| 2026 | ~$1,641,673 | ~$1,256,790 | ~1.9977% | ~$25,106 | +10.6% |
| 2027 | ~$1,815,529 | ~$1,382,469 | ~1.9488% | ~$26,942 | +22.3% |
| 2028 | ~$2,007,796 | ~$1,520,715 | ~1.9000% | ~$28,894 | +35.3% |
| 2029 | ~$2,220,426 | ~$1,672,787 | ~1.8512% | ~$30,967 | +49.6% |
| 2030 | ~$2,455,573 | ~$1,840,066 | ~1.8024% | ~$33,165 | +65.4% |
In 2025, this property's market value of $1,484,465 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — +186% 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 | $1,484,465 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $1,476,659 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $1,350,448 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $876,271 | $506,618 | $615,058 | $906,429 | ↑ Above median | +39.1% |
| 2021 | $1,067,598 | $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.