1813 WATERSTON AVE TX 78703
| Owner | SURRATT FANNY & JOHN K |
|---|---|
| Parcel ID | 0111040805 |
| Short ID | 110238 |
| Type | Real |
| Use Code | 02 Duplex |
| Valuation | Cost |
| Improvement SF | 2,122 SF |
| Land SF | 7,322 SF |
| Acres | 0.168 |
| Year Built | 1981 |
| Legal | E 60FT OF N 128FT OF LOT 9 MAAS ADDN |
| Neighborhood | Z3005 |
| Land | $831,032 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $831,032 |
| Improvement | $458,654 |
|---|---|
| Total Improvement | $458,654 |
| Market | $1,289,686 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,289,686 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,289,686 |
| Taxable Value | $1,289,686 |
|---|
Appreciation: Market value has risen +36.3% from $946,317 (2021) to $1,289,686 (2025), a CAGR of 8.0% 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 $26,393. 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 64% of market value ($831,032 land vs $458,654 improvements), about $113/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $1,289,686, 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 +8.1% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,899,080 by 2030, with an estimated annual tax burden around $35,774. 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 |
|---|---|---|---|
| 095 | HVAC RESIDENTIAL | 2,122 SF | ✗ |
| 1ST | 1st Floor | 1,522 SF | ✓ |
| 2ND | 2nd Floor | 600 SF | ✓ |
| 061 | CARPORT ATT 1ST | 367 SF | ✗ |
| 612 | TERRACE UNCOVERD | 182 SF | ✗ |
| 011 | PORCH OPEN 1ST F | 113 SF | ✗ |
| 512 | DECK UNCOVRED | 63 SF | ✗ |
| 012 | PORCH OPEN 2ND F | 63 SF | ✗ |
| 581 | STORAGE ATT | 40 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% | $11,932.17 | $11,932.17 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $6,758.17 | $6,758.17 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $4,847.22 | $4,847.22 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,522.13 | $1,522.13 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,333.54 | $1,333.54 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $26,393.23 | $26,393.23 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,199,657 | $1,289,686 | -7.0% |
| Assessed Value | $1,199,657 | $1,289,686 | -7.0% |
| Land Value | $775,630 | $831,032 | -6.7% |
| Improvement Value | $424,027 | $458,654 | -7.5% |
| Taxable Value | $1,199,657 | $1,289,686 | -7.0% |
| Total Tax 2026 = estimate |
~$24,551
Estimated
|
~$26,393
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,199,657 | $1,199,657 | +0 (+0.0%) |
| Taxable Value | $1,199,657 | $1,199,657 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,199,657 | $775,630 | $424,027 | — | $1,199,657 | $1,199,657 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,289,686 | $831,032 | $458,654 | — | $1,289,686 | $1,289,686 | ~$26,393 | Partial |
| 2024 | $1,433,267 | — | — | −$683,267 | $750,000 | $— | $28,024 | Verified |
| 2023 | $1,440,090 | — | — | −$652,590 | $787,500 | $— | $24,935 | Verified |
| 2022 | $933,749 | — | — | −$146,249 | $787,500 | $— | $28,441 | Verified |
| 2021 | $946,317 | — | — | −$421,317 | $525,000 | $— | $20,325 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -7.0% | -7.0% | ~100% | Not available | Partial |
| 2025 | -8.8% | -8.8% | ~100% | Not available | Partial |
| 2024 | -3.5% | -3.5% | ~100% | 1.9800% | Verified |
| 2023 | +1.7% | +1.7% | ~100% | 1.7000% | Verified |
| 2022 | +54.2% | +54.2% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1500% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +38.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -7.0% | +7.1% | +9.7% | +54.2% | 2023 | -10.0% | 2025 |
| Assessment Ratio | 100.0% | 74.5% | — | 100.0% | 2025 | 52.3% | 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 |
$26,393 | $25,623 | ~$31,811 | $28,441 | 2022 | $20,325 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,393,464 | ~$1,393,464 | ~2.0139% | ~$28,063 | +8.0% |
| 2027 | ~$1,505,593 | ~$1,505,593 | ~1.9814% | ~$29,832 | +16.7% |
| 2028 | ~$1,626,745 | ~$1,626,745 | ~1.9488% | ~$31,703 | +26.1% |
| 2029 | ~$1,757,646 | ~$1,757,646 | ~1.9163% | ~$33,682 | +36.3% |
| 2030 | ~$1,899,080 | ~$1,899,080 | ~1.8837% | ~$35,774 | +47.3% |
| 2026 | ~$1,367,670 | ~$1,367,670 | ~2.0465% | ~$27,989 | +6.0% |
| 2027 | ~$1,450,371 | ~$1,450,371 | ~2.0465% | ~$29,682 | +12.5% |
| 2028 | ~$1,538,071 | ~$1,538,071 | ~2.0465% | ~$31,476 | +19.3% |
| 2029 | ~$1,631,075 | ~$1,631,075 | ~2.0465% | ~$33,380 | +26.5% |
| 2030 | ~$1,729,703 | ~$1,729,703 | ~2.0465% | ~$35,398 | +34.1% |
| 2026 | ~$1,419,258 | ~$1,418,655 | ~1.9977% | ~$28,340 | +10.0% |
| 2027 | ~$1,561,848 | ~$1,560,520 | ~1.9488% | ~$30,412 | +21.1% |
| 2028 | ~$1,718,763 | ~$1,716,572 | ~1.9000% | ~$32,615 | +33.3% |
| 2029 | ~$1,891,443 | ~$1,888,229 | ~1.8512% | ~$34,955 | +46.7% |
| 2030 | ~$2,081,473 | ~$2,077,052 | ~1.8024% | ~$37,436 | +61.4% |
In 2025, this property's market value of $1,289,686 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — +148% 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 | $1,289,686 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $1,433,267 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $1,440,090 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $933,749 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $946,317 | $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.