1700 MEADOWBROOK DR TX 78703
| Owner | LUCKY CHARM HOMES LLC |
|---|---|
| Parcel ID | 0115060613 |
| Short ID | 114729 |
| Type | Real |
| Use Code | 02 Duplex |
| Valuation | Cost |
| Improvement SF | 3,680 SF |
| Land SF | 11,916 SF |
| Acres | 0.274 |
| Year Built | 1937 |
| Legal | LOT 67 WESTENFIELD NO 1 |
| Neighborhood | XSMF1 |
| Land | $1,132,271 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,132,271 |
| Improvement | $17,729 |
|---|---|
| Total Improvement | $17,729 |
| Market | $1,150,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,150,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,150,000 |
| Taxable Value | $1,150,000 |
|---|
Appreciation: Market value has risen +32.2% from $870,000 (2021) to $1,150,000 (2025), a CAGR of 7.2% over 4 years. This represents moderate, steady growth. 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 lagged 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 $23,535. 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 98% of market value ($1,132,271 land vs $17,729 improvements), about $95/SF of land. With value concentrated in the land under a ~89-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 $1,150,000, 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 +7.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,629,938 by 2030, with an estimated annual tax burden around $30,704. 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.
7 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 2ND | 2nd Floor | 2,188 SF | ✓ |
| 1ST | 1st Floor | 1,492 SF | ✓ |
| 041 | GARAGE ATT 1ST F | 600 SF | ✓ |
| 581 | STORAGE ATT | 64 SF | ✓ |
| 011 | PORCH OPEN 1ST F | 55 SF | ✗ |
| 012 | PORCH OPEN 2ND F | 55 SF | ✗ |
| 251 | BATHROOM | 3 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% | $10,639.80 | $10,639.80 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $6,026.20 | $6,026.20 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $4,322.22 | $4,322.22 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,357.26 | $1,357.26 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,189.10 | $1,189.10 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $23,534.58 | $23,534.58 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,415,339 | $1,150,000 | +23.1% |
| Assessed Value | $1,415,339 | $1,150,000 | +23.1% |
| Land Value | $1,415,339 | $1,132,271 | +25.0% |
| Improvement Value | — | $17,729 | — |
| Taxable Value | $1,415,339 | $1,150,000 | +23.1% |
| Total Tax 2026 = estimate |
~$28,965
Estimated
|
~$23,535
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,415,339 | $1,415,339 | +0 (+0.0%) |
| Taxable Value | $1,415,339 | $1,415,339 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,415,339 | $1,415,339 | — | — | $1,415,339 | $1,415,339 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,150,000 | $1,132,271 | $17,729 | — | $1,150,000 | $1,150,000 | ~$23,535 | Partial |
| 2024 | $1,500,000 | — | — | −$594,375 | $905,625 | $— | $22,971 | Verified |
| 2023 | $1,569,496 | — | — | −$275,746 | $1,293,750 | $— | $27,139 | Verified |
| 2022 | $1,070,590 | — | — | — | $1,293,750 ! | $— | $30,996 | Verified |
| 2021 | $870,000 | — | — | −$237,500 | $632,500 | $— | $23,303 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +23.1% | +23.1% | ~100% | Not available | Partial |
| 2025 | -0.8% | -0.8% | ~100% | Not available | Partial |
| 2024 | -22.7% | -22.7% | ~100% | 1.9800% | Verified |
| 2023 | -4.4% | -4.4% | ~100% | 1.8100% | Verified |
| 2022 | +46.6% | +46.6% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.6800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +7.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +23.1% | +13.0% | +3.2% | +46.6% | 2023 | -23.3% | 2025 |
| Assessment Ratio | 100.0% | 89.4% | — | 120.8% | 2022 | 60.4% | 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 |
$23,535 | $25,589 | ~$27,699 | $30,996 | 2022 | $22,971 | 2024 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,233,084 | ~$1,233,084 | ~2.0139% | ~$24,834 | +7.2% |
| 2027 | ~$1,322,169 | ~$1,322,169 | ~1.9814% | ~$26,197 | +15.0% |
| 2028 | ~$1,417,692 | ~$1,417,692 | ~1.9488% | ~$27,629 | +23.3% |
| 2029 | ~$1,520,115 | ~$1,520,115 | ~1.9163% | ~$29,130 | +32.2% |
| 2030 | ~$1,629,938 | ~$1,629,938 | ~1.8837% | ~$30,704 | +41.7% |
| 2026 | ~$1,210,084 | ~$1,210,084 | ~2.0465% | ~$24,764 | +5.2% |
| 2027 | ~$1,273,306 | ~$1,273,306 | ~2.0465% | ~$26,058 | +10.7% |
| 2028 | ~$1,339,832 | ~$1,339,832 | ~2.0465% | ~$27,419 | +16.5% |
| 2029 | ~$1,409,834 | ~$1,409,834 | ~2.0465% | ~$28,852 | +22.6% |
| 2030 | ~$1,483,492 | ~$1,483,492 | ~2.0465% | ~$30,359 | +29.0% |
| 2026 | ~$1,256,084 | ~$1,256,084 | ~1.9977% | ~$25,092 | +9.2% |
| 2027 | ~$1,371,953 | ~$1,371,953 | ~1.9488% | ~$26,737 | +19.3% |
| 2028 | ~$1,498,511 | ~$1,498,511 | ~1.9000% | ~$28,472 | +30.3% |
| 2029 | ~$1,636,743 | ~$1,636,743 | ~1.8512% | ~$30,299 | +42.3% |
| 2030 | ~$1,787,727 | ~$1,787,727 | ~1.8024% | ~$32,221 | +55.5% |
In 2025, this property's market value of $1,150,000 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — +121% 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 | $1,150,000 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $1,500,000 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $1,569,496 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $1,070,590 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $870,000 | $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.