3611 BRIDLE PATH AUSTIN, TX 78703
| Owner | COKER WILLIAM R |
|---|---|
| Parcel ID | 0116090612 |
| Short ID | 116451 |
| Type | Real |
| Use Code | 02 Duplex |
| Valuation | Cost |
| Improvement SF | 2,244 SF |
| Land SF | 8,743 SF |
| Acres | 0.201 |
| Year Built | 1962 |
| Legal | LOT 11A BLK 4 RESUB OF LOT 9-13 INCL WALSH PLACE ON LAKE AUSTIN PLUS 1/2 ADJ VAC ALLEY |
| Neighborhood | XSMF1 |
| Land | $933,909 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $933,909 |
| Improvement | $226,646 |
|---|---|
| Total Improvement | $226,646 |
| Market | $1,160,555 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,160,555 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,160,555 |
| Exemptions (−) (HS,OV65) | −$375,331 |
|---|---|
| Taxable Value | $785,224 |
Appreciation: Market value has risen +45.0% from $800,279 (2021) to $1,160,555 (2025), a CAGR of 9.7% 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 4 taxing entities is 1.1213% in 2025 (+0.0900% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $8,805. City of Austin is the largest single contributor, at 45.9% 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 80% of market value ($933,909 land vs $226,646 improvements), about $107/SF of land. With value concentrated in the land under a ~64-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 $1,160,555, 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 +9.7% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,846,912 by 2030, with an estimated annual tax burden around $20,855. 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.
8 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 095 | HVAC RESIDENTIAL | 2,244 SF | ✗ |
| 2ND | 2nd Floor | 1,152 SF | ✓ |
| 1ST | 1st Floor | 1,092 SF | ✓ |
| 051 | CARPORT DET 1ST | 400 SF | ✗ |
| 513 | DECK COVERED | 294 SF | ✗ |
| 581 | STORAGE ATT | 80 SF | ✓ |
| 251 | BATHROOM | 2 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% | $3,859.09 | $3,859.09 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,951.23 | $2,951.23 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $877.20 | $877.20 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $724.70 | $724.70 | Paid |
| Combined Rate | 1.1150% | 0.9783% | 0.9497% | 1.0313% | 1.1213% | +0.0900% | $8,412.22 | $8,412.22 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,160,555 | $1,160,555 | +0.0% |
| Assessed Value | $1,160,555 | $1,160,555 | +0.0% |
| Land Value | $1,167,387 | $933,909 | +25.0% |
| Improvement Value | — | $226,646 | — |
| Taxable Value | $783,175 | $785,224 | -0.3% |
| Exemptions | HS,OV65 | HS,OV65 | |
| Total Tax 2026 = estimate |
~$8,782
Estimated
|
~$8,412
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,160,555 | $1,160,555 | +0 (+0.0%) |
| Taxable Value | $785,224 | $783,175 | -2,049 (-0.3%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,160,555 | $1,167,387 | — | — | $1,160,555 | $783,175 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,160,555 | $933,909 | $226,646 | — | $1,160,555 | $785,224 | ~$8,412 | Partial |
| 2024 | $1,694,125 | — | — | −$827,875 | $866,250 | $— | $7,967 | Verified |
| 2023 | $1,661,510 | — | — | −$424,010 | $1,237,500 | $— | $6,922 | Verified |
| 2022 | $970,708 | — | — | — | $1,237,500 ! | $— | $9,439 | Verified |
| 2021 | $800,279 | — | — | −$195,279 | $605,000 | $— | $9,640 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2025 | +0.2% | +0.2% | ~100% | Not available | Partial |
| 2024 | -31.7% | +8.7% | ~100% | 0.6900% | Verified |
| 2023 | +2.0% | +10.0% | 62.9% | 0.4100% | Verified |
| 2022 | +71.2% | +10.0% | 58.3% | 0.5700% | Verified |
| 2021 | base year | — | 90.7% | 1.2000% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +19.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +12.6% | +9.7% | +71.2% | 2023 | -31.5% | 2025 |
| Assessment Ratio | 100.0% | 88.1% | — | 127.5% | 2022 | 51.1% | 2024 |
| Effective Tax Rate (2025) | 0.7200% | 0.7200% | — | 0.7200% | 2025 | 0.7200% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$8,412 | $8,476 | ~$17,423 | $9,640 | 2021 | $6,922 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,273,567 | ~$1,273,567 | ~1.1229% | ~$14,300 | +9.7% |
| 2027 | ~$1,397,584 | ~$1,397,584 | ~1.1244% | ~$15,715 | +20.4% |
| 2028 | ~$1,533,677 | ~$1,533,677 | ~1.1260% | ~$17,269 | +32.2% |
| 2029 | ~$1,683,023 | ~$1,683,023 | ~1.1276% | ~$18,978 | +45.0% |
| 2030 | ~$1,846,912 | ~$1,846,912 | ~1.1292% | ~$20,855 | +59.1% |
| 2026 | ~$1,250,356 | ~$1,250,356 | ~1.1213% | ~$14,020 | +7.7% |
| 2027 | ~$1,347,105 | ~$1,347,105 | ~1.1213% | ~$15,105 | +16.1% |
| 2028 | ~$1,451,341 | ~$1,451,341 | ~1.1213% | ~$16,274 | +25.1% |
| 2029 | ~$1,563,642 | ~$1,563,642 | ~1.1213% | ~$17,533 | +34.7% |
| 2030 | ~$1,684,633 | ~$1,684,633 | ~1.1213% | ~$18,890 | +45.2% |
| 2026 | ~$1,296,778 | ~$1,276,610 | ~1.1237% | ~$14,345 | +11.7% |
| 2027 | ~$1,448,991 | ~$1,404,272 | ~1.1260% | ~$15,812 | +24.9% |
| 2028 | ~$1,619,070 | ~$1,544,699 | ~1.1284% | ~$17,430 | +39.5% |
| 2029 | ~$1,809,112 | ~$1,699,169 | ~1.1307% | ~$19,213 | +55.9% |
| 2030 | ~$2,021,461 | ~$1,869,085 | ~1.1331% | ~$21,179 | +74.2% |
In 2025, this property's market value of $1,160,555 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — +123% 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 | $1,160,555 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $1,694,125 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $1,661,510 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $970,708 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $800,279 | $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.