1013 W 23 ST TX 78705
| Owner | EPIC AUSTIN PROPERTIES LLC |
|---|---|
| Parcel ID | 0113000802 |
| Short ID | 112444 |
| Type | Real |
| Use Code | 05 Apartment 5–25 Units |
| Valuation | Income |
| Improvement SF | 4,108 SF |
| Land SF | 6,534 SF |
| Acres | 0.150 |
| Year Built | 1986 |
| Legal | 54X121 FT OLT 40 DIVISION D |
| Neighborhood | 05WC1 |
| Land | $980,100 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $980,100 |
| Improvement | $724,720 |
|---|---|
| Total Improvement | $724,720 |
| Market | $1,704,820 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,704,820 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,704,820 |
| Taxable Value | $1,704,820 |
|---|
Appreciation: Market value has risen +45.6% from $1,170,780 (2021) to $1,704,820 (2025), a CAGR of 9.9% 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 $34,889. 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 57% of market value ($980,100 land vs $724,720 improvements), about $150/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $1,704,820, 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 +9.8% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,726,984 by 2030, with an estimated annual tax burden around $51,369. 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.
9 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| SO | Sketch Only | 3,848 SF | ✗ |
| 591 | MASONRY TRIM SF | 3,600 SF | ✗ |
| 1ST | 1st Floor | 2,054 SF | ✓ |
| 2ND | 2nd Floor | 2,054 SF | ✓ |
| 487 | PARKING UNDER | 2,054 SF | ✓ |
| 011C | PORCH OPEN 1ST COMM | 1,322 SF | ✗ |
| 611 | TERRACE | 342 SF | ✗ |
| 132 | PLBG 5-FIXT AVG | 1 SF | ✓ |
| 242 | OBS OVEN/BURN | 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% | $15,772.99 | $15,772.99 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $8,933.55 | $8,933.55 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $6,407.48 | $6,407.48 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,012.08 | $2,012.08 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,762.78 | $1,762.78 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $34,888.88 | $34,888.88 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,663,740 | $1,704,820 | -2.4% |
| Assessed Value | $1,663,740 | $1,704,820 | -2.4% |
| Land Value | $980,100 | $980,100 | +0.0% |
| Improvement Value | $683,640 | $724,720 | -5.7% |
| Taxable Value | $1,663,740 | $1,704,820 | -2.4% |
| Total Tax 2026 = estimate |
~$34,048
Estimated
|
~$34,889
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,663,740 | $1,663,740 | +0 (+0.0%) |
| Taxable Value | $1,663,740 | $1,663,740 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,663,740 | $980,100 | $683,640 | — | $1,663,740 | $1,663,740 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,704,820 | $980,100 | $724,720 | — | $1,704,820 | $1,704,820 | ~$34,889 | Partial |
| 2024 | $1,437,800 | — | — | −$457,700 | $980,100 | $— | $29,716 | Verified |
| 2023 | $1,335,100 | — | — | −$355,000 | $980,100 | $— | $26,013 | Verified |
| 2022 | $1,100,000 | — | — | −$577,280 | $522,720 | $— | $26,367 | Verified |
| 2021 | $1,170,780 | — | — | −$648,060 | $522,720 | $— | $21,664 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -2.4% | -2.4% | ~100% | Not available | Partial |
| 2025 | +13.7% | +13.7% | ~100% | Not available | Partial |
| 2024 | +4.3% | +4.3% | ~100% | 1.9800% | Verified |
| 2023 | +7.7% | +7.7% | ~100% | 1.8100% | Verified |
| 2022 | +21.4% | +21.4% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 1.8500% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +55.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -2.4% | +7.9% | +10.4% | +21.4% | 2023 | -6.0% | 2022 |
| Assessment Ratio | 100.0% | 72.3% | — | 100.0% | 2025 | 44.6% | 2021 |
| 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 |
$34,889 | $27,730 | ~$44,292 | $34,889 | 2025 | $21,664 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,872,748 | ~$1,872,748 | ~2.0139% | ~$37,716 | +9.9% |
| 2027 | ~$2,057,217 | ~$2,057,217 | ~1.9814% | ~$40,761 | +20.7% |
| 2028 | ~$2,259,857 | ~$2,259,857 | ~1.9488% | ~$44,041 | +32.6% |
| 2029 | ~$2,482,457 | ~$2,482,457 | ~1.9163% | ~$47,571 | +45.6% |
| 2030 | ~$2,726,984 | ~$2,726,984 | ~1.8837% | ~$51,369 | +60.0% |
| 2026 | ~$1,838,652 | ~$1,838,652 | ~2.0465% | ~$37,628 | +7.9% |
| 2027 | ~$1,982,989 | ~$1,982,989 | ~2.0465% | ~$40,582 | +16.3% |
| 2028 | ~$2,138,658 | ~$2,138,658 | ~2.0465% | ~$43,767 | +25.4% |
| 2029 | ~$2,306,546 | ~$2,306,546 | ~2.0465% | ~$47,203 | +35.3% |
| 2030 | ~$2,487,615 | ~$2,487,615 | ~2.0465% | ~$50,909 | +45.9% |
| 2026 | ~$1,906,844 | ~$1,875,302 | ~1.9977% | ~$37,462 | +11.9% |
| 2027 | ~$2,132,809 | ~$2,062,832 | ~1.9488% | ~$40,201 | +25.1% |
| 2028 | ~$2,385,551 | ~$2,269,115 | ~1.9000% | ~$43,114 | +39.9% |
| 2029 | ~$2,668,243 | ~$2,496,027 | ~1.8512% | ~$46,206 | +56.5% |
| 2030 | ~$2,984,435 | ~$2,745,630 | ~1.8024% | ~$49,486 | +75.1% |
In 2025, this property's market value of $1,704,820 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 3× 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 | $1,704,820 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $1,437,800 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $1,335,100 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $1,100,000 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $1,170,780 | $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.