1519 W 31 ST 78703
| Owner | MOONEY ANNE B |
|---|---|
| Parcel ID | 0118011102 |
| Short ID | 118157 |
| Type | Real |
| Use Code | 02 Duplex |
| Valuation | Cost |
| Improvement SF | 1,612 SF |
| Land SF | 6,549 SF |
| Acres | 0.150 |
| Year Built | 1938 |
| Legal | E 50 FT OF LOT 10 BLK 2 BRYKERWOODS B |
| Neighborhood | Z330005 |
| Land | $707,692 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $707,692 |
| Improvement | $298,722 |
|---|---|
| Total Improvement | $298,722 |
| Market | $1,006,414 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,006,414 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,006,414 |
| Taxable Value | $1,006,414 |
|---|
Appreciation: Market value has risen +103.3% from $495,000 (2021) to $1,006,414 (2025), a CAGR of 19.4% 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 $20,596. 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 70% of market value ($707,692 land vs $298,722 improvements), about $108/SF of land. With value concentrated in the land under a ~88-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 $1,006,414, 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 +19.4% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,443,380 by 2030, with an estimated annual tax burden around $30,532. 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.
5 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 1,612 SF | ✓ |
| 095 | HVAC RESIDENTIAL | 1,612 SF | ✗ |
| 031 | GARAGE DET 1ST F | 400 SF | ✓ |
| 011 | PORCH OPEN 1ST F | 87 SF | ✗ |
| 251 | BATHROOM | 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% | $9,311.34 | $9,311.34 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $5,273.78 | $5,273.78 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,782.56 | $3,782.56 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,187.80 | $1,187.80 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,040.63 | $1,040.63 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $20,596.11 | $20,596.11 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $908,864 | $1,006,414 | -9.7% |
| Assessed Value | $908,864 | $1,006,414 | -9.7% |
| Land Value | $707,692 | $707,692 | +0.0% |
| Improvement Value | $201,172 | $298,722 | -32.7% |
| Taxable Value | $908,864 | $1,006,414 | -9.7% |
| Total Tax 2026 = estimate |
~$18,600
Estimated
|
~$20,596
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,079,283 | $908,864 | -170,419 (-15.8%) |
| Taxable Value | $1,079,283 | $908,864 | -170,419 (-15.8%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $908,864 | $707,692 | $201,172 | — | $908,864 | $908,864 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,006,414 | $707,692 | $298,722 | — | $1,006,414 | $1,006,414 | ~$20,596 | Partial |
| 2024 | $1,126,805 | — | — | −$326,805 | $800,000 | $— | $24,719 | Verified |
| 2023 | $953,123 | — | — | −$193,123 | $760,000 | $— | $20,387 | Verified |
| 2022 | $583,725 | — | — | — | $760,000 ! | $— | $18,823 | Verified |
| 2021 | $495,000 | — | — | −$67,500 | $427,500 | $— | $11,255 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +7.2% | +7.2% | ~100% | Not available | Partial |
| 2025 | -19.3% | -19.3% | ~100% | Not available | Partial |
| 2024 | +10.7% | +10.7% | ~100% | 1.9800% | Verified |
| 2023 | +14.4% | +75.5% | ~100% | 1.8100% | Verified |
| 2022 | +68.7% | +10.0% | 65.2% | 1.9100% | Verified |
| 2021 | base year | — | ~100% | 2.2700% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +72.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -9.7% | +15.8% | +22.0% | +63.3% | 2023 | -10.7% | 2025 |
| Assessment Ratio | 100.0% | 94.5% | — | 130.2% | 2022 | 71.0% | 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 |
$20,596 | $19,156 | ~$26,259 | $24,719 | 2024 | $11,255 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,201,765 | ~$1,107,055 | ~2.0139% | ~$22,295 | +19.4% |
| 2027 | ~$1,435,035 | ~$1,217,761 | ~1.9814% | ~$24,129 | +42.6% |
| 2028 | ~$1,713,584 | ~$1,339,537 | ~1.9488% | ~$26,105 | +70.3% |
| 2029 | ~$2,046,200 | ~$1,473,491 | ~1.9163% | ~$28,236 | +103.3% |
| 2030 | ~$2,443,380 | ~$1,620,840 | ~1.8837% | ~$30,532 | +142.8% |
| 2026 | ~$1,181,637 | ~$1,107,055 | ~2.0465% | ~$22,656 | +17.4% |
| 2027 | ~$1,387,367 | ~$1,217,761 | ~2.0465% | ~$24,921 | +37.9% |
| 2028 | ~$1,628,915 | ~$1,339,537 | ~2.0465% | ~$27,413 | +61.9% |
| 2029 | ~$1,912,519 | ~$1,473,491 | ~2.0465% | ~$30,155 | +90.0% |
| 2030 | ~$2,245,500 | ~$1,620,840 | ~2.0465% | ~$33,170 | +123.1% |
| 2026 | ~$1,221,893 | ~$1,107,055 | ~1.9977% | ~$22,115 | +21.4% |
| 2027 | ~$1,483,508 | ~$1,217,761 | ~1.9488% | ~$23,732 | +47.4% |
| 2028 | ~$1,801,136 | ~$1,339,537 | ~1.9000% | ~$25,451 | +79.0% |
| 2029 | ~$2,186,770 | ~$1,473,491 | ~1.8512% | ~$27,277 | +117.3% |
| 2030 | ~$2,654,970 | ~$1,620,840 | ~1.8024% | ~$29,214 | +163.8% |
In 2025, this property's market value of $1,006,414 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — +94% 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 | $1,006,414 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $1,126,805 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $953,123 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $583,725 | $506,618 | $615,058 | $906,429 | ↓ Below median | +39.1% |
| 2021 | $495,000 | $300,453 | $376,850 | $539,896 | ↑ Above median | 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.