2103 WOODMONT AVE AUSTIN, TX 78703
| Owner | JKB TRUST |
|---|---|
| Parcel ID | 0114050705 |
| Short ID | 114176 |
| Type | Real |
| Use Code | 02 Duplex |
| Valuation | Cost |
| Improvement SF | 4,728 SF |
| Land SF | 20,365 SF |
| Acres | 0.468 |
| Year Built | 1950 |
| Legal | LOT 3A BLK 14 RESUB OF LOT 3 WESTFIELD A |
| Neighborhood | XSMF1 |
| Land | $1,818,278 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,818,278 |
| Improvement | $206,944 |
|---|---|
| Total Improvement | $206,944 |
| Market | $2,025,222 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,025,222 |
| Value Limitation Adjustment (−) (homestead cap) | −$232,067 |
| Net Appraised (assessed) | $1,793,155 |
| Exemptions (−) (HS,OV65) | −$420,842 |
|---|---|
| Taxable Value | $1,372,313 |
Appreciation: Market value has risen +71.1% from $1,183,500 (2021) to $2,025,222 (2025), a CAGR of 14.4% 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 $28,084. City of Austin is the largest single contributor, at 37.1% of the total 2025 levy.
Assessment Gap: Assessed value ($1,793,155) is $232,067 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 90% of market value ($1,818,278 land vs $206,944 improvements), about $89/SF of land. With value concentrated in the land under a ~76-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 $2,025,222, 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 +14.4% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $3,963,721 by 2030, with an estimated annual tax burden around $54,400. 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.
12 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 095 | HVAC RESIDENTIAL | 4,728 SF | ✗ |
| 1ST | 1st Floor | 2,675 SF | ✓ |
| 2ND | 2nd Floor | 2,053 SF | ✓ |
| 011 | PORCH OPEN 1ST F | 549 SF | ✗ |
| 041 | GARAGE ATT 1ST F | 420 SF | ✓ |
| 061 | CARPORT ATT 1ST | 160 SF | ✗ |
| 581 | STORAGE ATT | 90 SF | ✓ |
| 012 | PORCH OPEN 2ND F | 60 SF | ✗ |
| 512 | DECK UNCOVRED | 16 SF | ✗ |
| 251 | BATHROOM | 5 SF | ✓ |
| 252 | BEDROOMS | 5 SF | ✓ |
| 522 | FIREPLACE | 2 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 |
|---|---|---|---|---|---|---|---|---|---|
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $6,935.54 | $6,935.54 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $5,157.77 | $5,157.77 | Paid |
| IAU Austin ISD | 1.0617% | 0.9966% | 0.8595% | 0.9505% | 0.9252% | -0.0253% | $3,747.48 | $3,747.48 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,570.10 | $1,570.10 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,259.40 | $1,259.40 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $18,670.29 | $18,670.29 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,003,358 | $2,025,222 | -1.1% |
| Assessed Value | $1,927,593 | $1,793,155 | +7.5% |
| Land Value | $1,518,225 | $1,818,278 | -16.5% |
| Improvement Value | $485,133 | $206,944 | +134.4% |
| Taxable Value | $1,476,940 | $1,372,313 | +7.6% |
| Exemptions | HS,OV65 | HS,OV65 | |
| HS Cap Loss | -$75,765 | — | |
| Total Tax 2026 = estimate |
~$30,225
Estimated
|
~$18,670
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $2,003,358 | $2,003,358 | +0 (+0.0%) |
| Taxable Value | $1,478,989 | $1,476,940 | -2,049 (-0.1%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,003,358 | $1,518,225 | $485,133 | −$75,765 | $1,927,593 | $1,476,940 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $2,025,222 | $1,818,278 | $206,944 | −$232,067 | $1,793,155 | $1,372,313 | ~$18,670 | Partial |
| 2024 | $2,084,496 | — | — | −$946,996 | $1,137,500 | $— | $15,965 | Verified |
| 2023 | $2,310,656 | — | — | −$435,656 | $1,875,000 | $— | $16,356 | Verified |
| 2022 | $1,405,000 | — | — | — | $1,687,500 ! | $— | $21,257 | Verified |
| 2021 | $1,183,500 | — | — | −$433,500 | $750,000 | $— | $18,486 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -1.1% | +7.5% | 96.2% | Not available | Partial |
| 2025 | +28.4% | +13.7% | 88.5% | Not available | Partial |
| 2024 | -24.3% | -2.5% | ~100% | 1.0100% | Verified |
| 2023 | -9.8% | +4.1% | 77.6% | 0.7800% | Verified |
| 2022 | +64.5% | +22.0% | 67.2% | 0.9200% | Verified |
| 2021 | base year | — | 90.6% | 1.5600% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +44.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -1.1% | +13.9% | +14.6% | +64.5% | 2023 | -9.8% | 2024 |
| Assessment Ratio | 96.2% | 84.0% | — | 120.1% | 2022 | 54.6% | 2024 |
| Effective Tax Rate (2025) | 0.9200% | 0.9200% | — | 0.9200% | 2025 | 0.9200% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$18,670 | $18,147 | ~$46,787 | $21,257 | 2022 | $15,965 | 2024 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,316,321 | ~$1,972,471 | ~2.0139% | ~$39,724 | +14.4% |
| 2027 | ~$2,649,261 | ~$2,169,718 | ~1.9814% | ~$42,991 | +30.8% |
| 2028 | ~$3,030,058 | ~$2,386,689 | ~1.9488% | ~$46,513 | +49.6% |
| 2029 | ~$3,465,589 | ~$2,625,358 | ~1.9163% | ~$50,309 | +71.1% |
| 2030 | ~$3,963,721 | ~$2,887,894 | ~1.8837% | ~$54,400 | +95.7% |
| 2026 | ~$2,275,816 | ~$1,972,471 | ~2.0465% | ~$40,366 | +12.4% |
| 2027 | ~$2,557,419 | ~$2,169,718 | ~2.0465% | ~$44,403 | +26.3% |
| 2028 | ~$2,873,866 | ~$2,386,689 | ~2.0465% | ~$48,843 | +41.9% |
| 2029 | ~$3,229,468 | ~$2,625,358 | ~2.0465% | ~$53,728 | +59.5% |
| 2030 | ~$3,629,073 | ~$2,887,894 | ~2.0465% | ~$59,100 | +79.2% |
| 2026 | ~$2,356,825 | ~$1,972,471 | ~1.9977% | ~$39,403 | +16.4% |
| 2027 | ~$2,742,724 | ~$2,169,718 | ~1.9488% | ~$42,284 | +35.4% |
| 2028 | ~$3,191,809 | ~$2,386,689 | ~1.9000% | ~$45,347 | +57.6% |
| 2029 | ~$3,714,426 | ~$2,625,358 | ~1.8512% | ~$48,600 | +83.4% |
| 2030 | ~$4,322,614 | ~$2,887,894 | ~1.8024% | ~$52,051 | +113.4% |
In 2025, this property's market value of $2,025,222 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 4× 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 | $2,025,222 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $2,084,496 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $2,310,656 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $1,405,000 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $1,183,500 | $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.