1905 ROCKMOOR AVE TX 78703
| Owner | RICHTERMEYER CURT & PAULOMI |
|---|---|
| Parcel ID | 0117091130 |
| Short ID | 117230 |
| Type | Real |
| Use Code | 02 Duplex |
| Valuation | Cost |
| Improvement SF | 2,688 SF |
| Land SF | 8,424 SF |
| Acres | 0.193 |
| Year Built | 1963 |
| Legal | LOT 1 ROCKWAY SUBD |
| Neighborhood | XSMF1 |
| Land | $822,589 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $822,589 |
| Improvement | $234,588 |
|---|---|
| Total Improvement | $234,588 |
| Market | $1,057,177 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,057,177 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,057,177 |
| Taxable Value | $1,057,177 |
|---|
Appreciation: Market value has risen +46.5% from $721,826 (2021) to $1,057,177 (2025), a CAGR of 10.0% 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 $21,635. 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 78% of market value ($822,589 land vs $234,588 improvements), about $98/SF of land. With value concentrated in the land under a ~63-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 $1,057,177, 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 +10.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,703,302 by 2030, with an estimated annual tax burden around $32,072. 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.
9 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 095 | HVAC RESIDENTIAL | 2,688 SF | ✗ |
| 1ST | 1st Floor | 1,344 SF | ✓ |
| 2ND | 2nd Floor | 1,344 SF | ✓ |
| 051 | CARPORT DET 1ST | 412 SF | ✗ |
| 612 | TERRACE UNCOVERD | 170 SF | ✗ |
| 581 | STORAGE ATT | 68 SF | ✓ |
| 011 | PORCH OPEN 1ST F | 60 SF | ✗ |
| 251 | BATHROOM | 3 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% | $9,781.00 | $9,781.00 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $5,539.79 | $5,539.79 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,973.35 | $3,973.35 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,247.71 | $1,247.71 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,093.12 | $1,093.12 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $21,634.97 | $21,634.97 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,097,000 | $1,057,177 | +3.8% |
| Assessed Value | $1,097,000 | $1,057,177 | +3.8% |
| Land Value | $1,028,236 | $822,589 | +25.0% |
| Improvement Value | $68,764 | $234,588 | -70.7% |
| Taxable Value | $1,097,000 | $1,057,177 | +3.8% |
| Total Tax 2026 = estimate |
~$22,450
Estimated
|
~$21,635
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,097,000 | $1,097,000 | +0 (+0.0%) |
| Taxable Value | $1,097,000 | $1,097,000 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,097,000 | $1,028,236 | $68,764 | — | $1,097,000 | $1,097,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,057,177 | $822,589 | $234,588 | — | $1,057,177 | $1,057,177 | ~$21,635 | Partial |
| 2024 | $1,301,463 | — | — | −$521,838 | $779,625 | $— | $21,483 | Verified |
| 2023 | $1,301,463 | — | — | −$187,713 | $1,113,750 | $— | $23,547 | Verified |
| 2022 | $881,737 | — | — | — | $1,113,750 ! | $— | $25,703 | Verified |
| 2021 | $721,826 | — | — | −$177,326 | $544,500 | $— | $19,193 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +3.8% | +3.8% | ~100% | Not available | Partial |
| 2025 | -2.5% | -2.5% | ~100% | Not available | Partial |
| 2024 | -16.7% | -16.7% | ~100% | 1.9800% | Verified |
| 2023 | +0.0% | +0.0% | ~100% | 1.8100% | Verified |
| 2022 | +47.6% | +47.6% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.6600% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +19.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +3.8% | +11.0% | +9.2% | +47.6% | 2023 | -18.8% | 2025 |
| Assessment Ratio | 100.0% | 91.2% | — | 126.3% | 2022 | 59.9% | 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 |
$21,635 | $22,312 | ~$27,584 | $25,703 | 2022 | $19,193 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,162,991 | ~$1,162,895 | ~2.0139% | ~$23,420 | +10.0% |
| 2027 | ~$1,279,397 | ~$1,279,184 | ~1.9814% | ~$25,346 | +21.0% |
| 2028 | ~$1,407,454 | ~$1,407,103 | ~1.9488% | ~$27,422 | +33.1% |
| 2029 | ~$1,548,328 | ~$1,547,813 | ~1.9163% | ~$29,661 | +46.5% |
| 2030 | ~$1,703,302 | ~$1,702,594 | ~1.8837% | ~$32,072 | +61.1% |
| 2026 | ~$1,141,848 | ~$1,141,848 | ~2.0465% | ~$23,368 | +8.0% |
| 2027 | ~$1,233,300 | ~$1,233,300 | ~2.0465% | ~$25,239 | +16.7% |
| 2028 | ~$1,332,077 | ~$1,332,077 | ~2.0465% | ~$27,261 | +26.0% |
| 2029 | ~$1,438,765 | ~$1,438,765 | ~2.0465% | ~$29,444 | +36.1% |
| 2030 | ~$1,553,998 | ~$1,553,998 | ~2.0465% | ~$31,802 | +47.0% |
| 2026 | ~$1,184,135 | ~$1,162,895 | ~1.9977% | ~$23,231 | +12.0% |
| 2027 | ~$1,326,339 | ~$1,279,184 | ~1.9488% | ~$24,929 | +25.5% |
| 2028 | ~$1,485,621 | ~$1,407,103 | ~1.9000% | ~$26,735 | +40.5% |
| 2029 | ~$1,664,032 | ~$1,547,813 | ~1.8512% | ~$28,653 | +57.4% |
| 2030 | ~$1,863,868 | ~$1,702,594 | ~1.8024% | ~$30,687 | +76.3% |
In 2025, this property's market value of $1,057,177 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — +103% 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 | $1,057,177 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $1,301,463 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $1,301,463 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $881,737 | $506,618 | $615,058 | $906,429 | ↑ Above median | +39.1% |
| 2021 | $721,826 | $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.