2202 ENFIELD RD TX 78703
| Owner | PENTHOUSE APARTMENTS LTD |
|---|---|
| Parcel ID | 0114050932 |
| Short ID | 114301 |
| Type | Real |
| Use Code | 05 Apartment 5–25 Units |
| Valuation | Income |
| Improvement SF | 23,044 SF |
| Land SF | 43,917 SF |
| Acres | 1.008 |
| Year Built | 1962 |
| Legal | LOT 2B BLK 9 RESUB OF LOT 2 WESTFIELD A |
| Neighborhood | 05CEN |
| Land | $3,952,547 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $3,952,547 |
| Improvement | $2,147,453 |
|---|---|
| Total Improvement | $2,147,453 |
| Market | $6,100,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $6,100,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $6,100,000 |
| Taxable Value | $6,100,000 |
|---|
Appreciation: Market value has risen +184.6% from $2,143,680 (2021) to $6,100,000 (2025), a CAGR of 29.9% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2023→2024), 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 $124,836. 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 65% of market value ($3,952,547 land vs $2,147,453 improvements), about $90/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $6,100,000, 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 +29.9% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $22,544,582 by 2030, with an estimated annual tax burden around $185,061. 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 |
|---|---|---|---|
| SO | Sketch Only | 13,300 SF | ✗ |
| 2ND | 2nd Floor | 11,612 SF | ✓ |
| 551 | PAVED AREA | 11,433 SF | ✗ |
| 1ST | 1st Floor | 11,432 SF | ✓ |
| 011C | PORCH OPEN 1ST COMM | 2,289 SF | ✗ |
| 012C | PORCH OPEN 2 COMM | 2,289 SF | ✗ |
| 591 | MASONRY TRIM SF | 2,250 SF | ✗ |
| 611 | TERRACE | 1,500 SF | ✗ |
| 601 | POOL COMM'L | 900 SF | ✗ |
| 031C | GARAGE DET 1ST COMM | 384 SF | ✓ |
| 581C | STORAGE ATT COMM | 180 SF | ✓ |
| 132 | PLBG 5-FIXT AVG | 2 SF | ✓ |
| 413 | STAIRWAY EXT | 2 SF | ✓ |
Market value changed by 167% in 2023, 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% | $56,437.20 | $56,437.20 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $31,965.04 | $31,965.04 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $22,926.55 | $22,926.55 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $7,199.40 | $7,199.40 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $6,307.40 | $6,307.40 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $124,835.59 | $124,835.59 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $5,760,000 | $6,100,000 | -5.6% |
| Assessed Value | $5,760,000 | $6,100,000 | -5.6% |
| Land Value | $3,952,547 | $3,952,547 | +0.0% |
| Improvement Value | $1,807,453 | $2,147,453 | -15.8% |
| Taxable Value | $5,760,000 | $6,100,000 | -5.6% |
| Total Tax 2026 = estimate |
~$117,878
Estimated
|
~$124,836
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $5,760,000 | $5,760,000 | +0 (+0.0%) |
| Taxable Value | $5,760,000 | $5,760,000 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $5,760,000 | $3,952,547 | $1,807,453 | — | $5,760,000 | $5,760,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $6,100,000 | $3,952,547 | $2,147,453 | — | $6,100,000 | $6,100,000 | ~$124,836 | Partial |
| 2024 | $5,609,450 | — | — | −$1,656,903 | $3,952,547 | $— | $115,616 | Verified |
| 2023 | $2,100,037 | — | — | — | $2,766,783 ! | $— | $101,489 | Verified |
| 2022 | $2,143,680 | — | — | −$901,950 | $1,241,730 | $— | $41,474 | Verified |
| 2021 | $2,143,680 | — | — | −$901,950 | $1,241,730 | $— | $46,661 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -5.6% | -5.6% | ~100% | Not available | Partial |
| 2025 | +4.6% | +4.6% | ~100% | Not available | Partial |
| 2024 | +4.0% | +4.0% | ~100% | 1.9800% | Verified |
| 2023 | +167.1% ! | +167.1% | ~100% | 1.8100% | Verified |
| 2022 | -2.0% | -2.0% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +184.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -5.6% | +33.6% | +31.4% | +167.1% | 2024 | -5.6% | 2026 |
| Assessment Ratio | 100.0% | 86.3% | — | 131.7% | 2023 | 57.9% | 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 |
$124,836 | $86,015 | ~$159,163 | $124,836 | 2025 | $41,474 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$7,922,683 | ~$6,710,000 | ~2.0139% | ~$135,135 | +29.9% |
| 2027 | ~$10,289,986 | ~$7,381,000 | ~1.9814% | ~$146,246 | +68.7% |
| 2028 | ~$13,364,639 | ~$8,119,100 | ~1.9488% | ~$158,228 | +119.1% |
| 2029 | ~$17,358,001 | ~$8,931,010 | ~1.9163% | ~$171,144 | +184.6% |
| 2030 | ~$22,544,582 | ~$9,824,111 | ~1.8837% | ~$185,061 | +269.6% |
| 2026 | ~$7,800,683 | ~$6,710,000 | ~2.0465% | ~$137,319 | +27.9% |
| 2027 | ~$9,975,518 | ~$7,381,000 | ~2.0465% | ~$151,051 | +63.5% |
| 2028 | ~$12,756,699 | ~$8,119,100 | ~2.0465% | ~$166,156 | +109.1% |
| 2029 | ~$16,313,273 | ~$8,931,010 | ~2.0465% | ~$182,772 | +167.4% |
| 2030 | ~$20,861,423 | ~$9,824,111 | ~2.0465% | ~$201,049 | +242.0% |
| 2026 | ~$8,044,683 | ~$6,710,000 | ~1.9977% | ~$134,043 | +31.9% |
| 2027 | ~$10,609,333 | ~$7,381,000 | ~1.9488% | ~$143,844 | +73.9% |
| 2028 | ~$13,991,595 | ~$8,119,100 | ~1.9000% | ~$154,264 | +129.4% |
| 2029 | ~$18,452,123 | ~$8,931,010 | ~1.8512% | ~$165,330 | +202.5% |
| 2030 | ~$24,334,670 | ~$9,824,111 | ~1.8024% | ~$177,067 | +298.9% |
In 2025, this property's market value of $6,100,000 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 12× 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 | $6,100,000 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $5,609,450 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $2,100,037 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $2,143,680 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $2,143,680 | $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.