1405 POSSUM TROT TX 78703
| Owner | TRUXILLO STANTON & SUSIE RHODE |
|---|---|
| Parcel ID | 0113060117 |
| Short ID | 112776 |
| Type | Real |
| Use Code | 02 Duplex |
| Valuation | Cost |
| Improvement SF | 2,283 SF |
| Land SF | 16,205 SF |
| Acres | 0.372 |
| Year Built | 1958 |
| Legal | LOT 6A BLK 6 RESUB OF A PT OF LOT 6 WESTFIELD A |
| Neighborhood | XSMF1 |
| Land | $829,421 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $829,421 |
| Improvement | $223,561 |
|---|---|
| Total Improvement | $223,561 |
| Market | $1,052,982 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,052,982 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,052,982 |
| Exemptions (−) (HS,OV65) | −$353,816 |
|---|---|
| Taxable Value | $699,166 |
Appreciation: Market value has risen +36.1% from $773,859 (2021) to $1,052,982 (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 4 taxing entities is 1.1213% in 2025 (+0.0900% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $7,840. City of Austin is the largest single contributor, at 45.4% 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 ($829,421 land vs $223,561 improvements), about $51/SF of land. With value concentrated in the land under a ~68-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 $1,052,982, 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 +8.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,547,461 by 2030, with an estimated annual tax burden around $17,473. 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 | 2,283 SF | ✓ |
| 095 | HVAC RESIDENTIAL | 2,283 SF | ✗ |
| 011 | PORCH OPEN 1ST F | 154 SF | ✗ |
| 630 | PORCH CLOS FIN | 78 SF | ✓ |
| 512 | DECK UNCOVRED | 55 SF | ✗ |
| 251 | BATHROOM | 2 SF | ✓ |
Market value changed by 82% 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 |
|---|---|---|---|---|---|---|---|---|---|
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $3,408.13 | $3,408.13 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,627.78 | $2,627.78 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $775.63 | $775.63 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $694.54 | $694.54 | Paid |
| Combined Rate | 1.1150% | 0.9783% | 0.9497% | 1.0313% | 1.1213% | +0.0900% | $7,506.08 | $7,506.08 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,052,982 | $1,052,982 | +0.0% |
| Assessed Value | $1,052,982 | $1,052,982 | +0.0% |
| Land Value | $829,421 | $829,421 | +0.0% |
| Improvement Value | $223,561 | $223,561 | +0.0% |
| Taxable Value | $697,117 | $699,166 | -0.3% |
| Exemptions | HS,OV65 | HS,OV65 | |
| Total Tax 2026 = estimate |
~$7,817
Estimated
|
~$7,506
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,052,982 | $1,052,982 | +0 (+0.0%) |
| Taxable Value | $699,166 | $697,117 | -2,049 (-0.3%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,052,982 | $829,421 | $223,561 | — | $1,052,982 | $697,117 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,052,982 | $829,421 | $223,561 | — | $1,052,982 | $699,166 | ~$7,506 | Partial |
| 2024 | $1,792,560 | — | — | −$861,560 | $931,000 | $— | $8,136 | Verified |
| 2023 | $1,759,522 | — | — | −$429,522 | $1,330,000 | $— | $7,036 | Verified |
| 2022 | $968,922 | — | — | — | $1,330,000 ! | $— | $10,027 | Verified |
| 2021 | $773,859 | — | — | −$175,359 | $598,500 | $— | $10,218 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2025 | -13.6% | -7.1% | ~100% | Not available | Partial |
| 2024 | -32.0% | +10.0% | 92.9% | 0.6700% | Verified |
| 2023 | +1.9% | +10.0% | 57.5% | 0.3900% | Verified |
| 2022 | +81.6% ! | +10.0% | 53.2% | 0.5700% | Verified |
| 2021 | base year | — | 87.8% | 1.3200% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +8.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +13.5% | +8.0% | +81.6% | 2023 | -41.3% | 2025 |
| Assessment Ratio | 100.0% | 90.4% | — | 137.3% | 2022 | 51.9% | 2024 |
| Effective Tax Rate (2025) | 0.7100% | 0.7100% | — | 0.7100% | 2025 | 0.7100% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$7,506 | $8,585 | ~$15,030 | $10,218 | 2021 | $7,036 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,137,263 | ~$1,137,263 | ~1.1229% | ~$12,770 | +8.0% |
| 2027 | ~$1,228,289 | ~$1,228,289 | ~1.1244% | ~$13,811 | +16.6% |
| 2028 | ~$1,326,601 | ~$1,326,601 | ~1.1260% | ~$14,938 | +26.0% |
| 2029 | ~$1,432,782 | ~$1,432,782 | ~1.1276% | ~$16,156 | +36.1% |
| 2030 | ~$1,547,461 | ~$1,547,461 | ~1.1292% | ~$17,473 | +47.0% |
| 2026 | ~$1,116,203 | ~$1,116,203 | ~1.1213% | ~$12,516 | +6.0% |
| 2027 | ~$1,183,220 | ~$1,183,220 | ~1.1213% | ~$13,267 | +12.4% |
| 2028 | ~$1,254,260 | ~$1,254,260 | ~1.1213% | ~$14,064 | +19.1% |
| 2029 | ~$1,329,565 | ~$1,329,565 | ~1.1213% | ~$14,908 | +26.3% |
| 2030 | ~$1,409,392 | ~$1,409,392 | ~1.1213% | ~$15,803 | +33.8% |
| 2026 | ~$1,158,322 | ~$1,158,280 | ~1.1237% | ~$13,015 | +10.0% |
| 2027 | ~$1,274,201 | ~$1,274,108 | ~1.1260% | ~$14,347 | +21.0% |
| 2028 | ~$1,401,671 | ~$1,401,519 | ~1.1284% | ~$15,814 | +33.1% |
| 2029 | ~$1,541,894 | ~$1,541,671 | ~1.1307% | ~$17,432 | +46.4% |
| 2030 | ~$1,696,145 | ~$1,695,838 | ~1.1331% | ~$19,216 | +61.1% |
In 2025, this property's market value of $1,052,982 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — +103% 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 | $1,052,982 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $1,792,560 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $1,759,522 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $968,922 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $773,859 | $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.