1600 DILLMAN ST AUSTIN, TX 78703
| Owner | DEWITT CRIS OWEN & LEIGH ANN |
|---|---|
| Parcel ID | 0116081106 |
| Short ID | 116270 |
| Type | Real |
| Use Code | 02 Duplex |
| Valuation | Cost |
| Improvement SF | 2,578 SF |
| Land SF | 6,877 SF |
| Acres | 0.158 |
| Year Built | 1968 |
| Legal | LOT 16A LESS NW TRI BLK 7 RESUB OF LOT 15-16 TOBIN & JOHNSON SUBD |
| Neighborhood | XSMF1 |
| Land | $777,199 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $777,199 |
| Improvement | $203,010 |
|---|---|
| Total Improvement | $203,010 |
| Market | $980,209 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $980,209 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $980,209 |
| Exemptions (−) (HS,OV65) | −$339,262 |
|---|---|
| Taxable Value | $640,947 |
Appreciation: Market value has risen +29.0% from $759,700 (2021) to $980,209 (2025), a CAGR of 6.6% 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 $13,117. Austin ISD is the largest single contributor, at 49.4% 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 79% of market value ($777,199 land vs $203,010 improvements), about $113/SF of land. With value concentrated in the land under a ~58-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 $980,209, 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 +6.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,347,921 by 2030, with an estimated annual tax burden around $25,391. 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 |
|---|---|---|---|
| 1ST | 1st Floor | 2,578 SF | ✓ |
| 095 | HVAC RESIDENTIAL | 2,578 SF | ✗ |
| 061 | CARPORT ATT 1ST | 236 SF | ✗ |
| 612 | TERRACE UNCOVERD | 192 SF | ✗ |
| 581 | STORAGE ATT | 94 SF | ✓ |
| 251 | BATHROOM | 4 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 |
|---|---|---|---|---|---|---|---|---|---|
| IAU Austin ISD | 1.0617% | 0.9966% | 0.8595% | 0.9505% | 0.9252% | -0.0253% | $6,987.19 | $6,987.19 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $3,103.06 | $3,103.06 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,408.97 | $2,408.97 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $925.85 | $925.85 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $706.92 | $706.92 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $14,131.99 | $14,131.99 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,070,960 | $980,209 | +9.3% |
| Assessed Value | $1,070,960 | $980,209 | +9.3% |
| Land Value | $971,498 | $777,199 | +25.0% |
| Improvement Value | $99,462 | $203,010 | -51.0% |
| Taxable Value | $711,499 | $640,947 | +11.0% |
| Exemptions | HS,OV65 | HS,OV65 | |
| Total Tax 2026 = estimate |
~$14,561
Estimated
|
~$14,132
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,287,944 | $1,070,960 | -216,984 (-16.8%) |
| Taxable Value | $764,474 | $711,499 | -52,975 (-6.9%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,070,960 | $971,498 | $99,462 | — | $1,070,960 | $711,499 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $980,209 | $777,199 | $203,010 | — | $980,209 | $640,947 | ~$14,132 | Partial |
| 2024 | $1,420,985 | — | — | −$633,485 | $787,500 | $— | $17,777 | Verified |
| 2023 | $1,589,348 | — | — | −$464,348 | $1,125,000 | $— | $15,704 | Verified |
| 2022 | $1,012,200 | — | — | — | $1,125,000 ! | $— | $16,129 | Verified |
| 2021 | $759,700 | — | — | −$209,700 | $550,000 | $— | $16,227 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +31.4% | +15.8% | 88.1% | Not available | Partial |
| 2025 | -6.1% | -6.1% | ~100% | Not available | Partial |
| 2024 | -26.6% | +3.2% | ~100% | 1.7000% | Verified |
| 2023 | -10.6% | +10.0% | 71.2% | 1.1100% | Verified |
| 2022 | +57.0% | +10.0% | 57.8% | 1.0100% | Verified |
| 2021 | base year | — | 82.6% | 2.1400% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -3.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +9.3% | +11.6% | +4.8% | +57.0% | 2023 | -31.0% | 2025 |
| Assessment Ratio | 100.0% | 85.0% | — | 111.1% | 2022 | 55.4% | 2024 |
| Effective Tax Rate (2025) | 1.4400% | 1.4400% | — | 1.4400% | 2025 | 1.4400% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$14,132 | $15,994 | ~$23,171 | $17,777 | 2024 | $14,132 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,044,691 | ~$1,044,691 | ~2.0139% | ~$21,039 | +6.6% |
| 2027 | ~$1,113,415 | ~$1,113,415 | ~1.9814% | ~$22,061 | +13.6% |
| 2028 | ~$1,186,659 | ~$1,186,659 | ~1.9488% | ~$23,126 | +21.1% |
| 2029 | ~$1,264,723 | ~$1,264,723 | ~1.9163% | ~$24,236 | +29.0% |
| 2030 | ~$1,347,921 | ~$1,347,921 | ~1.8837% | ~$25,391 | +37.5% |
| 2026 | ~$1,025,087 | ~$1,025,087 | ~2.0465% | ~$20,978 | +4.6% |
| 2027 | ~$1,072,019 | ~$1,072,019 | ~2.0465% | ~$21,939 | +9.4% |
| 2028 | ~$1,121,100 | ~$1,121,100 | ~2.0465% | ~$22,943 | +14.4% |
| 2029 | ~$1,172,429 | ~$1,172,429 | ~2.0465% | ~$23,994 | +19.6% |
| 2030 | ~$1,226,107 | ~$1,226,107 | ~2.0465% | ~$25,092 | +25.1% |
| 2026 | ~$1,064,295 | ~$1,064,295 | ~1.9977% | ~$21,261 | +8.6% |
| 2027 | ~$1,155,594 | ~$1,155,594 | ~1.9488% | ~$22,521 | +17.9% |
| 2028 | ~$1,254,726 | ~$1,254,726 | ~1.9000% | ~$23,840 | +28.0% |
| 2029 | ~$1,362,361 | ~$1,362,361 | ~1.8512% | ~$25,220 | +39.0% |
| 2030 | ~$1,479,230 | ~$1,479,230 | ~1.8024% | ~$26,661 | +50.9% |
In 2025, this property's market value of $980,209 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — +89% 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 | $980,209 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $1,420,985 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $1,589,348 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $1,012,200 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $759,700 | $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.