2402 MARLTON DR AUSTIN, TX 78703
| Owner | MARTIN ROBERT BRYAN & |
|---|---|
| Parcel ID | 0113060323 |
| Short ID | 913988 |
| Type | Real |
| Use Code | 02 Duplex |
| Valuation | Cost |
| Improvement SF | 5,211 SF |
| Land SF | 10,512 SF |
| Acres | 0.241 |
| Year Built | 2018 |
| Legal | LOT 2 MARLTON TERRACE |
| Neighborhood | XSMF1 |
| Land | $735,360 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $735,360 |
| Improvement | $937,711 |
|---|---|
| Total Improvement | $937,711 |
| Market | $1,673,071 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,673,071 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,673,071 |
| Exemptions (−) (HS) | −$334,614 |
|---|---|
| Taxable Value | $1,338,457 |
Appreciation: Market value has risen +72.9% from $967,800 (2021) to $1,673,071 (2025), a CAGR of 14.7% 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 $27,391. Austin ISD is the largest single contributor, at 48.0% 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 44% of market value ($735,360 land vs $937,711 improvements), about $70/SF of land. Most value sits in the improvements, so building condition, age (~8 yrs), and rent roll drive the underwriting.
Submarket Position: At $1,673,071, 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 +14.7% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $3,316,464 by 2030, with an estimated annual tax burden around $50,757. 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.
13 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 095 | HVAC RESIDENTIAL | 5,211 SF | ✗ |
| 1ST | 1st Floor | 2,585 SF | ✓ |
| FBSMT | Finished Basement | 1,363 SF | ✓ |
| 2ND | 2nd Floor | 1,263 SF | ✓ |
| 041 | GARAGE ATT 1ST F | 494 SF | ✓ |
| 513 | DECK COVERED | 234 SF | ✗ |
| 011 | PORCH OPEN 1ST F | 56 SF | ✗ |
| 251 | BATHROOM | 4 SF | ✓ |
| 252 | BEDROOMS | 4 SF | ✓ |
| 250 | HALF BATHROOM | 2 SF | ✓ |
| 522 | FIREPLACE | 1 SF | ✓ |
| 604 | POOL RES CONC | 1 SF | ✗ |
| 447 | SPA CONCRETE | 1 SF | ✗ |
Market value changed by 80% 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% | $14,183.97 | $14,183.97 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $7,013.74 | $7,013.74 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $5,030.52 | $5,030.52 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,712.66 | $1,712.66 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,579.69 | $1,579.69 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $29,520.58 | $29,520.58 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,455,739 | $1,673,071 | -13.0% |
| Assessed Value | $1,455,739 | $1,673,071 | -13.0% |
| Land Value | $735,360 | $735,360 | +0.0% |
| Improvement Value | $720,379 | $937,711 | -23.2% |
| Taxable Value | $1,455,739 | $1,338,457 | +8.8% |
| Exemptions | — | HS | |
| Total Tax 2026 = estimate |
~$29,791
Estimated
|
~$29,521
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,673,071 | $1,455,739 | -217,332 (-13.0%) |
| Taxable Value | $1,673,071 | $1,455,739 | -217,332 (-13.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,455,739 | $735,360 | $720,379 | — | $1,455,739 | $1,455,739 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,673,071 | $735,360 | $937,711 | — | $1,673,071 | $1,338,457 | ~$29,521 | Partial |
| 2024 | $2,399,214 | — | — | −$1,559,214 | $840,000 | $— | $34,676 | Verified |
| 2023 | $2,552,355 | — | — | −$1,352,355 | $1,200,000 | $— | $37,525 | Verified |
| 2022 | $1,400,000 | — | — | −$200,000 | $1,200,000 | $— | $37,904 | Verified |
| 2021 | $967,800 | — | — | −$427,800 | $540,000 | $— | $27,380 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2025 | -30.2% | -30.2% | ~100% | Not available | Partial |
| 2024 | -0.1% | +2.3% | ~100% | 1.4500% | Verified |
| 2023 | -6.0% | +10.0% | 97.7% | 1.5600% | Verified |
| 2022 | +80.4% ! | +50.6% | 83.5% | 1.4900% | Verified |
| 2021 | base year | — | ~100% | 2.8300% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +18.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -13.0% | +15.5% | +18.1% | +82.3% | 2023 | -30.3% | 2025 |
| Assessment Ratio | 100.0% | 70.6% | — | 100.0% | 2025 | 35.0% | 2024 |
| Effective Tax Rate (2025) | 1.7600% | 1.7600% | — | 1.7600% | 2025 | 1.7600% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$29,521 | $33,401 | ~$43,654 | $37,904 | 2022 | $27,380 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,918,433 | ~$1,840,378 | ~2.0139% | ~$37,064 | +14.7% |
| 2027 | ~$2,199,777 | ~$2,024,416 | ~1.9814% | ~$40,112 | +31.5% |
| 2028 | ~$2,522,382 | ~$2,226,858 | ~1.9488% | ~$43,398 | +50.8% |
| 2029 | ~$2,892,299 | ~$2,449,543 | ~1.9163% | ~$46,940 | +72.9% |
| 2030 | ~$3,316,464 | ~$2,694,498 | ~1.8837% | ~$50,757 | +98.2% |
| 2026 | ~$1,884,971 | ~$1,840,378 | ~2.0465% | ~$37,663 | +12.7% |
| 2027 | ~$2,123,709 | ~$2,024,416 | ~2.0465% | ~$41,429 | +26.9% |
| 2028 | ~$2,392,685 | ~$2,226,858 | ~2.0465% | ~$45,572 | +43.0% |
| 2029 | ~$2,695,726 | ~$2,449,543 | ~2.0465% | ~$50,130 | +61.1% |
| 2030 | ~$3,037,149 | ~$2,694,498 | ~2.0465% | ~$55,142 | +81.5% |
| 2026 | ~$1,951,894 | ~$1,840,378 | ~1.9977% | ~$36,765 | +16.7% |
| 2027 | ~$2,277,184 | ~$2,024,416 | ~1.9488% | ~$39,453 | +36.1% |
| 2028 | ~$2,656,685 | ~$2,226,858 | ~1.9000% | ~$42,311 | +58.8% |
| 2029 | ~$3,099,430 | ~$2,449,543 | ~1.8512% | ~$45,346 | +85.3% |
| 2030 | ~$3,615,961 | ~$2,694,498 | ~1.8024% | ~$48,565 | +116.1% |
In 2025, this property's market value of $1,673,071 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 | $1,673,071 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $2,399,214 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $2,552,355 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $1,400,000 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $967,800 | $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.