1810 BREMEN ST TX 78703
| Owner | WALKER JULIA ELIZABETH TRUSTEE |
|---|---|
| Parcel ID | 0115041501 |
| Short ID | 114659 |
| Type | Real |
| Use Code | 02 Duplex |
| Valuation | Cost |
| Improvement SF | 2,458 SF |
| Land SF | 7,526 SF |
| Acres | 0.173 |
| Year Built | 1938 |
| Legal | LOT 106 TARRY TOWN PLACE |
| Neighborhood | XSMF1 |
| Land | $771,921 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $771,921 |
| Improvement | $240,830 |
|---|---|
| Total Improvement | $240,830 |
| Market | $1,012,751 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,012,751 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,012,751 |
| Taxable Value | $1,012,751 |
|---|
Appreciation: Market value has risen +43.1% from $707,496 (2021) to $1,012,751 (2025), a CAGR of 9.4% 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 $20,726. 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 cost approach, tied more to replacement cost and physical condition than to income performance.
Value Composition: Land carries 76% of market value ($771,921 land vs $240,830 improvements), about $103/SF of land. With value concentrated in the land under a ~88-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 $1,012,751, 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 +9.4% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,585,718 by 2030, with an estimated annual tax burden around $29,871. 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 |
|---|---|---|---|
| 095 | HVAC RESIDENTIAL | 2,458 SF | ✗ |
| 1ST | 1st Floor | 1,704 SF | ✓ |
| 1/2 | Half Floor | 754 SF | ✓ |
| 031 | GARAGE DET 1ST F | 480 SF | ✓ |
| 011 | PORCH OPEN 1ST F | 156 SF | ✗ |
| 251 | BATHROOM | 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 |
|---|---|---|---|---|---|---|---|---|---|
| IAU Austin ISD | 1.0617% | 0.9966% | 0.8595% | 0.9505% | 0.9252% | -0.0253% | $9,369.97 | $9,369.97 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $5,306.99 | $5,306.99 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,806.37 | $3,806.37 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,195.28 | $1,195.28 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,047.18 | $1,047.18 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $20,725.79 | $20,725.79 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,012,751 | $1,012,751 | +0.0% |
| Assessed Value | $1,012,751 | $1,012,751 | +0.0% |
| Land Value | $771,921 | $771,921 | +0.0% |
| Improvement Value | $240,830 | $240,830 | +0.0% |
| Taxable Value | $1,012,751 | $1,012,751 | +0.0% |
| Total Tax 2026 = estimate |
~$20,726
Estimated
|
~$20,726
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,012,751 | $1,012,751 | +0 (+0.0%) |
| Taxable Value | $1,012,751 | $1,012,751 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,012,751 | $771,921 | $240,830 | — | $1,012,751 | $1,012,751 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,012,751 | $771,921 | $240,830 | — | $1,012,751 | $1,012,751 | ~$20,726 | Partial |
| 2024 | $1,512,748 | — | — | −$812,748 | $700,000 | $— | $20,018 | Verified |
| 2023 | $1,512,748 | — | — | −$387,748 | $1,125,000 | $— | $27,369 | Verified |
| 2022 | $887,174 | — | — | — | $1,125,000 ! | $— | $29,876 | Verified |
| 2021 | $707,496 | — | — | −$207,496 | $500,000 | $— | $19,311 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2025 | +0.3% | +0.3% | ~100% | Not available | Partial |
| 2024 | -33.2% | -33.2% | ~100% | 1.9800% | Verified |
| 2023 | +0.0% | +0.0% | ~100% | 1.8100% | Verified |
| 2022 | +70.5% | +70.5% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.7300% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +14.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +12.6% | +9.4% | +70.5% | 2023 | -33.1% | 2025 |
| Assessment Ratio | 100.0% | 86.4% | — | 126.8% | 2022 | 46.3% | 2024 |
| 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 |
$20,726 | $23,460 | ~$25,960 | $29,876 | 2022 | $19,311 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,107,764 | ~$1,107,764 | ~2.0139% | ~$22,310 | +9.4% |
| 2027 | ~$1,211,691 | ~$1,211,691 | ~1.9814% | ~$24,008 | +19.6% |
| 2028 | ~$1,325,369 | ~$1,325,369 | ~1.9488% | ~$25,829 | +30.9% |
| 2029 | ~$1,449,711 | ~$1,449,711 | ~1.9163% | ~$27,781 | +43.1% |
| 2030 | ~$1,585,718 | ~$1,585,718 | ~1.8837% | ~$29,871 | +56.6% |
| 2026 | ~$1,087,509 | ~$1,087,509 | ~2.0465% | ~$22,256 | +7.4% |
| 2027 | ~$1,167,786 | ~$1,167,786 | ~2.0465% | ~$23,899 | +15.3% |
| 2028 | ~$1,253,988 | ~$1,253,988 | ~2.0465% | ~$25,663 | +23.8% |
| 2029 | ~$1,346,554 | ~$1,346,554 | ~2.0465% | ~$27,557 | +33.0% |
| 2030 | ~$1,445,953 | ~$1,445,953 | ~2.0465% | ~$29,591 | +42.8% |
| 2026 | ~$1,128,019 | ~$1,114,026 | ~1.9977% | ~$22,254 | +11.4% |
| 2027 | ~$1,256,407 | ~$1,225,429 | ~1.9488% | ~$23,882 | +24.1% |
| 2028 | ~$1,399,408 | ~$1,347,972 | ~1.9000% | ~$25,612 | +38.2% |
| 2029 | ~$1,558,684 | ~$1,482,769 | ~1.8512% | ~$27,449 | +53.9% |
| 2030 | ~$1,736,089 | ~$1,631,046 | ~1.8024% | ~$29,398 | +71.4% |
In 2025, this property's market value of $1,012,751 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — +95% 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 | $1,012,751 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $1,512,748 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $1,512,748 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $887,174 | $506,618 | $615,058 | $906,429 | ↑ Above median | +39.1% |
| 2021 | $707,496 | $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.