1515 WOODLAWN BLVD TX 78703
| Owner | HUDSON JENNIFER INGLIS |
|---|---|
| Parcel ID | 0112020324 |
| Short ID | 112080 |
| Type | Real |
| Use Code | 02 Duplex |
| Valuation | Cost |
| Improvement SF | 1,866 SF |
| Land SF | 8,665 SF |
| Acres | 0.199 |
| Year Built | 1959 |
| Legal | LOT 64 ENFIELD C |
| Neighborhood | Z320005 |
| Land | $812,448 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $812,448 |
| Improvement | $221,897 |
|---|---|
| Total Improvement | $221,897 |
| Market | $1,034,345 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,034,345 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,034,345 |
| Taxable Value | $1,034,345 |
|---|
Appreciation: Market value has risen +53.5% from $673,800 (2021) to $1,034,345 (2025), a CAGR of 11.3% 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 $21,168. 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 79% of market value ($812,448 land vs $221,897 improvements), about $94/SF of land. With value concentrated in the land under a ~67-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 $1,034,345, 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 +11.3% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,767,394 by 2030, with an estimated annual tax burden around $31,380. 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 |
|---|---|---|---|
| 1ST | 1st Floor | 1,866 SF | ✓ |
| 095 | HVAC RESIDENTIAL | 1,866 SF | ✗ |
| 061 | CARPORT ATT 1ST | 472 SF | ✗ |
| 011 | PORCH OPEN 1ST F | 120 SF | ✗ |
| 571 | STORAGE DET | 80 SF | ✓ |
| 251 | BATHROOM | 2 SF | ✓ |
Market value changed by 109% in 2022, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| 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% | $9,569.76 | $9,569.76 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $5,420.14 | $5,420.14 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,887.53 | $3,887.53 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,220.76 | $1,220.76 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,069.51 | $1,069.51 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $21,167.70 | $21,167.70 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $966,754 | $1,034,345 | -6.5% |
| Assessed Value | $966,754 | $1,034,345 | -6.5% |
| Land Value | $833,161 | $812,448 | +2.5% |
| Improvement Value | $133,593 | $221,897 | -39.8% |
| Taxable Value | $966,754 | $1,034,345 | -6.5% |
| Total Tax 2026 = estimate |
~$19,784
Estimated
|
~$21,168
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,148,027 | $966,754 | -181,273 (-15.8%) |
| Taxable Value | $1,148,027 | $966,754 | -181,273 (-15.8%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $966,754 | $833,161 | $133,593 | — | $966,754 | $966,754 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,034,345 | $812,448 | $221,897 | — | $1,034,345 | $1,034,345 | ~$21,168 | Partial |
| 2024 | $1,491,645 | — | — | −$741,645 | $750,000 | $— | $21,485 | Verified |
| 2023 | $1,530,607 | — | — | −$530,607 | $1,000,000 | $— | $26,988 | Verified |
| 2022 | $805,000 | — | — | — | $1,000,000 ! | $— | $30,228 | Verified |
| 2021 | $673,800 | — | — | −$73,800 | $600,000 | $— | $17,522 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +11.0% | +11.0% | ~100% | Not available | Partial |
| 2025 | -4.6% | -4.6% | ~100% | Not available | Partial |
| 2024 | -27.3% | -27.3% | ~100% | 1.9800% | Verified |
| 2023 | -11.2% | -11.2% | ~100% | 1.8100% | Verified |
| 2022 | +108.6% ! | +108.6% | ~100% | 1.8000% | Verified |
| 2021 | base year | — | ~100% | 2.6000% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +28.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -6.5% | +14.0% | +12.9% | +90.1% | 2023 | -30.7% | 2025 |
| Assessment Ratio | 100.0% | 88.1% | — | 124.2% | 2022 | 50.3% | 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 |
$21,168 | $23,478 | ~$26,988 | $30,228 | 2022 | $17,522 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,151,328 | ~$1,137,780 | ~2.0139% | ~$22,914 | +11.3% |
| 2027 | ~$1,281,541 | ~$1,251,557 | ~1.9814% | ~$24,798 | +23.9% |
| 2028 | ~$1,426,482 | ~$1,376,713 | ~1.9488% | ~$26,830 | +37.9% |
| 2029 | ~$1,587,815 | ~$1,514,385 | ~1.9163% | ~$29,020 | +53.5% |
| 2030 | ~$1,767,394 | ~$1,665,823 | ~1.8837% | ~$31,380 | +70.9% |
| 2026 | ~$1,130,641 | ~$1,130,641 | ~2.0465% | ~$23,138 | +9.3% |
| 2027 | ~$1,235,902 | ~$1,235,902 | ~2.0465% | ~$25,293 | +19.5% |
| 2028 | ~$1,350,963 | ~$1,350,963 | ~2.0465% | ~$27,647 | +30.6% |
| 2029 | ~$1,476,735 | ~$1,476,735 | ~2.0465% | ~$30,221 | +42.8% |
| 2030 | ~$1,614,217 | ~$1,614,217 | ~2.0465% | ~$33,035 | +56.1% |
| 2026 | ~$1,172,015 | ~$1,137,780 | ~1.9977% | ~$22,729 | +13.3% |
| 2027 | ~$1,328,008 | ~$1,251,557 | ~1.9488% | ~$24,391 | +28.4% |
| 2028 | ~$1,504,764 | ~$1,376,713 | ~1.9000% | ~$26,158 | +45.5% |
| 2029 | ~$1,705,046 | ~$1,514,385 | ~1.8512% | ~$28,034 | +64.8% |
| 2030 | ~$1,931,985 | ~$1,665,823 | ~1.8024% | ~$30,024 | +86.8% |
In 2025, this property's market value of $1,034,345 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — +99% 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 | $1,034,345 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $1,491,645 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $1,530,607 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $805,000 | $506,618 | $615,058 | $906,429 | ↑ Above median | +39.1% |
| 2021 | $673,800 | $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.