2002 WINSTED LN TX 78703
| Owner | GAYLE DEWITT R & BELINDA O |
|---|---|
| Parcel ID | 0114030114 |
| Short ID | 113932 |
| Type | Real |
| Use Code | 02 Duplex |
| Valuation | Cost |
| Improvement SF | 2,520 SF |
| Land SF | 19,181 SF |
| Acres | 0.440 |
| Year Built | 1949 |
| Legal | LOT 2 *& N20FT OF LOT 3 BLK 2 WARD & TREADWELL |
| Neighborhood | XSMF1 |
| Land | $1,138,609 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,138,609 |
| Improvement | $112,830 |
|---|---|
| Total Improvement | $112,830 |
| Market | $1,251,439 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,251,439 |
| Value Limitation Adjustment (−) (homestead cap) | −$365,599 |
| Net Appraised (assessed) | $885,840 |
| Taxable Value | $885,840 |
|---|
Appreciation: Market value has risen +101.7% from $620,300 (2021) to $1,251,439 (2025), a CAGR of 19.2% 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 $18,129. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Assessment Gap: Assessed value ($885,840) is $365,599 below market value, suggesting potential for an upward assessment in future years.
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 91% of market value ($1,138,609 land vs $112,830 improvements), about $59/SF of land. With value concentrated in the land under a ~77-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 $1,251,439, 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 +19.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $3,008,982 by 2030, with an estimated annual tax burden around $26,874. 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.
8 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 2,520 SF | ✓ |
| 095 | HVAC RESIDENTIAL | 2,520 SF | ✗ |
| 612 | TERRACE UNCOVERD | 279 SF | ✗ |
| 011 | PORCH OPEN 1ST F | 228 SF | ✗ |
| 512 | DECK UNCOVRED | 36 SF | ✗ |
| 251 | BATHROOM | 3 SF | ✓ |
| 522 | FIREPLACE | 1 SF | ✓ |
| 604 | POOL RES CONC | 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% | $8,195.79 | $8,195.79 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $4,641.95 | $4,641.95 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,329.39 | $3,329.39 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,045.49 | $1,045.49 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $915.96 | $915.96 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $18,128.58 | $18,128.58 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $467,000 | $1,251,439 | -62.7% |
| Assessed Value | $467,000 | $885,840 | -47.3% |
| Land Value | $973,034 | $1,138,609 | -14.5% |
| Improvement Value | — | $112,830 | — |
| Taxable Value | $467,000 | $885,840 | -47.3% |
| Total Tax 2026 = estimate |
~$9,557
Estimated
|
~$18,129
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,231,624 | $467,000 | -764,624 (-62.1%) |
| Taxable Value | $1,063,008 | $467,000 | -596,008 (-56.1%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $467,000 | $973,034 | — | — | $467,000 | $467,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,251,439 | $1,138,609 | $112,830 | −$365,599 | $885,840 | $885,840 | ~$18,129 | Partial |
| 2024 | $979,493 | — | — | −$536,568 | $442,925 | $— | $14,630 | Verified |
| 2023 | $1,088,325 | — | — | −$328,950 | $759,375 | $— | $17,721 | Verified |
| 2022 | $834,935 | — | — | −$151,497 | $683,438 | $— | $21,494 | Verified |
| 2021 | $620,300 | — | — | −$174,800 | $445,500 | $— | $18,174 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -1.6% | +20.0% | 86.3% | Not available | Partial |
| 2025 | +69.5% | +20.0% | 70.8% | Not available | Partial |
| 2024 | -24.6% | -24.6% | ~100% | 1.9800% | Verified |
| 2023 | -10.0% | -10.0% | ~100% | 1.8100% | Verified |
| 2022 | +30.3% | +30.3% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.9300% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +49.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -62.7% | +4.0% | +59.2% | +34.6% | 2022 | -62.7% | 2026 |
| Assessment Ratio | 100.0% | 73.2% | — | 100.0% | 2026 | 45.2% | 2024 |
| Effective Tax Rate (2025) | 1.4500% | 1.4500% | — | 1.4500% | 2025 | 1.4500% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$18,129 | $18,029 | ~$23,113 | $21,494 | 2022 | $14,630 | 2024 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,491,460 | ~$974,424 | ~2.0139% | ~$19,624 | +19.2% |
| 2027 | ~$1,777,516 | ~$1,071,866 | ~1.9814% | ~$21,238 | +42.0% |
| 2028 | ~$2,118,437 | ~$1,179,053 | ~1.9488% | ~$22,978 | +69.3% |
| 2029 | ~$2,524,745 | ~$1,296,958 | ~1.9163% | ~$24,853 | +101.7% |
| 2030 | ~$3,008,982 | ~$1,426,654 | ~1.8837% | ~$26,874 | +140.4% |
| 2026 | ~$1,466,431 | ~$974,424 | ~2.0465% | ~$19,941 | +17.2% |
| 2027 | ~$1,718,359 | ~$1,071,866 | ~2.0465% | ~$21,936 | +37.3% |
| 2028 | ~$2,013,566 | ~$1,179,053 | ~2.0465% | ~$24,129 | +60.9% |
| 2029 | ~$2,359,489 | ~$1,296,958 | ~2.0465% | ~$26,542 | +88.5% |
| 2030 | ~$2,764,840 | ~$1,426,654 | ~2.0465% | ~$29,196 | +120.9% |
| 2026 | ~$1,516,489 | ~$974,424 | ~1.9977% | ~$19,466 | +21.2% |
| 2027 | ~$1,837,675 | ~$1,071,866 | ~1.9488% | ~$20,889 | +46.8% |
| 2028 | ~$2,226,888 | ~$1,179,053 | ~1.9000% | ~$22,402 | +77.9% |
| 2029 | ~$2,698,534 | ~$1,296,958 | ~1.8512% | ~$24,009 | +115.6% |
| 2030 | ~$3,270,074 | ~$1,426,654 | ~1.8024% | ~$25,714 | +161.3% |
In 2025, this property's market value of $1,251,439 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — +141% 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 | $1,251,439 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $979,493 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $1,088,325 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $834,935 | $506,618 | $615,058 | $906,429 | ↑ Above median | +39.1% |
| 2021 | $620,300 | $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.