3308 STEVENSON AVE AUSTIN, TX 78703
| Owner | BROOKS CYNTHIA P |
|---|---|
| Parcel ID | 0117070607 |
| Short ID | 116947 |
| Type | Real |
| Use Code | 02 Duplex |
| Valuation | Cost |
| Improvement SF | 2,977 SF |
| Land SF | 10,193 SF |
| Acres | 0.234 |
| Year Built | 1950 |
| Legal | LOT 90 *& W 21.85 FT LOT 91 TARRY TOWN NO 4 |
| Neighborhood | XSMF1 |
| Land | $1,024,572 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,024,572 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $1,000,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,000,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,000,000 |
| Exemptions (−) (HS,OV65) | −$343,220 |
|---|---|
| Taxable Value | $656,780 |
Appreciation: Market value has risen +20.5% from $829,568 (2021) to $1,000,000 (2025), a CAGR of 4.8% 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 $13,441. City of Austin is the largest single contributor, at 42.2% 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 102% of market value ($1,024,572 land vs $0 improvements), about $101/SF of land. With value concentrated in the land under a ~76-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 $1,000,000, 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 +4.8% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,263,092 by 2030, with an estimated annual tax burden around $23,793. 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 | 2,977 SF | ✓ |
| 095 | HVAC RESIDENTIAL | 2,977 SF | ✗ |
| 630 | PORCH CLOS FIN | 461 SF | ✓ |
| 011 | PORCH OPEN 1ST F | 68 SF | ✗ |
| 251 | BATHROOM | 3 SF | ✓ |
| 522 | FIREPLACE | 2 SF | ✓ |
| 604 | POOL RES CONC | 1 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% | $3,186.02 | $3,186.02 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,468.47 | $2,468.47 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $758.12 | $758.12 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $725.61 | $725.61 | Paid |
| IAU Austin ISD | 1.0617% | 0.9966% | 0.8595% | 0.9505% | 0.9252% | -0.0253% | $411.50 | $411.50 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $7,549.72 | $7,549.72 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,400,500 | $1,000,000 | +40.1% |
| Assessed Value | $1,100,000 | $1,000,000 | +10.0% |
| Land Value | $1,280,715 | $1,024,572 | +25.0% |
| Improvement Value | $119,785 | — | — |
| Taxable Value | $734,731 | $656,780 | +11.9% |
| Exemptions | HS,OV65 | HS,OV65 | |
| HS Cap Loss | -$300,500 | — | |
| Total Tax 2026 = estimate |
~$15,036
Estimated
|
~$7,550
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,676,497 | $1,400,500 | -275,997 (-16.5%) |
| Taxable Value | $736,780 | $734,731 | -2,049 (-0.3%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,400,500 | $1,280,715 | $119,785 | −$300,500 | $1,100,000 | $734,731 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,000,000 | $1,024,572 | — | — | $1,000,000 | $656,780 | ~$7,550 | Partial |
| 2024 | $1,534,993 | — | — | −$668,743 | $866,250 | $— | $9,720 | Verified |
| 2023 | $1,609,365 | — | — | −$371,865 | $1,237,500 | $— | $8,731 | Verified |
| 2022 | $1,016,440 | — | — | — | $1,237,500 ! | $— | $11,854 | Verified |
| 2021 | $829,568 | — | — | −$224,568 | $605,000 | $— | $12,066 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +67.6% | +10.0% | 65.6% | Not available | Partial |
| 2025 | -15.7% | -15.7% | ~100% | Not available | Partial |
| 2024 | -22.7% | +7.4% | ~100% | 0.8200% | Verified |
| 2023 | -4.6% | +10.0% | 71.9% | 0.5700% | Verified |
| 2022 | +58.3% | +10.0% | 62.4% | 0.7400% | Verified |
| 2021 | base year | — | 89.8% | 1.4500% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -1.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +40.1% | +16.3% | -1.2% | +58.3% | 2023 | -34.9% | 2025 |
| Assessment Ratio | 78.5% | 84.4% | — | 121.7% | 2022 | 56.4% | 2024 |
| Effective Tax Rate (2025) | 0.7600% | 0.7600% | — | 0.7600% | 2025 | 0.7600% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$7,550 | $9,984 | ~$22,434 | $12,066 | 2021 | $7,550 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,047,821 | ~$1,047,821 | ~2.0139% | ~$21,102 | +4.8% |
| 2027 | ~$1,097,928 | ~$1,097,928 | ~1.9814% | ~$21,754 | +9.8% |
| 2028 | ~$1,150,432 | ~$1,150,432 | ~1.9488% | ~$22,420 | +15.0% |
| 2029 | ~$1,205,447 | ~$1,205,447 | ~1.9163% | ~$23,100 | +20.5% |
| 2030 | ~$1,263,092 | ~$1,263,092 | ~1.8837% | ~$23,793 | +26.3% |
| 2026 | ~$1,027,821 | ~$1,027,821 | ~2.0465% | ~$21,034 | +2.8% |
| 2027 | ~$1,056,416 | ~$1,056,416 | ~2.0465% | ~$21,619 | +5.6% |
| 2028 | ~$1,085,806 | ~$1,085,806 | ~2.0465% | ~$22,221 | +8.6% |
| 2029 | ~$1,116,014 | ~$1,116,014 | ~2.0465% | ~$22,839 | +11.6% |
| 2030 | ~$1,147,062 | ~$1,147,062 | ~2.0465% | ~$23,474 | +14.7% |
| 2026 | ~$1,067,821 | ~$1,067,821 | ~1.9977% | ~$21,331 | +6.8% |
| 2027 | ~$1,140,241 | ~$1,140,241 | ~1.9488% | ~$22,221 | +14.0% |
| 2028 | ~$1,217,573 | ~$1,217,573 | ~1.9000% | ~$23,134 | +21.8% |
| 2029 | ~$1,300,150 | ~$1,300,150 | ~1.8512% | ~$24,068 | +30.0% |
| 2030 | ~$1,388,327 | ~$1,388,327 | ~1.8024% | ~$25,023 | +38.8% |
In 2025, this property's market value of $1,000,000 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — +92% 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 | $1,000,000 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $1,534,993 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $1,609,365 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $1,016,440 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $829,568 | $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.