1403 W 29 ST TX 78703
| Owner | CAMPBELL WILDA L |
|---|---|
| Parcel ID | 0118011503 |
| Short ID | 118231 |
| Type | Real |
| Use Code | 02 Duplex |
| Valuation | Cost |
| Improvement SF | 2,620 SF |
| Land SF | 8,386 SF |
| Acres | 0.193 |
| Year Built | 1939 |
| Legal | W62.72 FT OF N135 FT OF TRT H BRYKER WOODS |
| Neighborhood | Z330005 |
| Land | $733,402 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $733,402 |
| Improvement | $289,238 |
|---|---|
| Total Improvement | $289,238 |
| Market | $1,022,640 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,022,640 |
| Value Limitation Adjustment (−) (homestead cap) | −$68,979 |
| Net Appraised (assessed) | $953,661 |
| Exemptions (−) (HS,OV65) | −$231,688 |
|---|---|
| Taxable Value | $721,973 |
Appreciation: Market value has risen +86.2% from $549,317 (2021) to $1,022,640 (2025), a CAGR of 16.8% 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 $14,775. Austin ISD is the largest single contributor, at 38.1% of the total 2025 levy.
Assessment Gap: Assessed value ($953,661) is $68,979 below market value, suggesting potential for an upward assessment in future years.
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 72% of market value ($733,402 land vs $289,238 improvements), about $87/SF of land. With value concentrated in the land under a ~87-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 $1,022,640, 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 +16.8% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,223,809 by 2030, with an estimated annual tax burden around $28,932. 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 |
|---|---|---|---|
| 1ST | 1st Floor | 2,620 SF | ✓ |
| 095 | HVAC RESIDENTIAL | 2,620 SF | ✗ |
| 061 | CARPORT ATT 1ST | 440 SF | ✗ |
| 612 | TERRACE UNCOVERD | 376 SF | ✗ |
| 581 | STORAGE ATT | 80 SF | ✓ |
| 011 | PORCH OPEN 1ST F | 68 SF | ✗ |
| 251 | BATHROOM | 4 SF | ✓ |
| 522 | FIREPLACE | 2 SF | ✓ |
Market value changed by 78% in 2022, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| 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% | $4,730.73 | $4,730.73 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $3,527.65 | $3,527.65 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,713.50 | $2,713.50 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $802.55 | $802.55 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $651.46 | $651.46 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $12,425.89 | $12,425.89 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $733,403 | $1,022,640 | -28.3% |
| Assessed Value | $733,403 | $953,661 | -23.1% |
| Land Value | $733,402 | $733,402 | +0.0% |
| Improvement Value | $1 | $289,238 | -100.0% |
| Taxable Value | $514,794 | $721,973 | -28.7% |
| Exemptions | HS,OV65 | HS,OV65 | |
| Total Tax 2026 = estimate |
~$10,535
Estimated
|
~$12,426
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $883,110 | $733,403 | -149,707 (-17.0%) |
| Taxable Value | $651,579 | $514,794 | -136,785 (-21.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $733,403 | $733,402 | $1 | — | $733,403 | $514,794 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,022,640 | $733,402 | $289,238 | −$68,979 | $953,661 | $721,973 | ~$12,426 | Partial |
| 2024 | $1,300,000 | — | — | −$600,000 | $700,000 | $— | $13,823 | Verified |
| 2023 | $1,280,531 | — | — | −$440,531 | $840,000 | $— | $14,001 | Verified |
| 2022 | $719,920 | — | — | — | $840,000 ! | $— | $16,307 | Verified |
| 2021 | $549,317 | — | — | −$76,817 | $472,500 | $— | $11,501 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -13.6% | -7.4% | ~100% | Not available | Partial |
| 2025 | -11.1% | -2.4% | 93.2% | Not available | Partial |
| 2024 | -11.5% | -3.8% | 85.0% | 1.2000% | Verified |
| 2023 | +1.5% | +4.4% | 78.1% | 1.0800% | Verified |
| 2022 | +77.9% ! | +46.9% | 76.0% | 1.2700% | Verified |
| 2021 | base year | — | 92.0% | 2.0900% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +42.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -28.3% | +12.2% | +26.0% | +77.9% | 2023 | -28.3% | 2026 |
| Assessment Ratio | 100.0% | 85.9% | — | 116.7% | 2022 | 53.8% | 2024 |
| Effective Tax Rate (2025) | 1.2200% | 1.2200% | — | 1.2200% | 2025 | 1.2200% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$12,426 | $13,612 | ~$24,883 | $16,307 | 2022 | $11,501 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,194,532 | ~$1,049,027 | ~2.0139% | ~$21,127 | +16.8% |
| 2027 | ~$1,395,316 | ~$1,153,930 | ~1.9814% | ~$22,864 | +36.4% |
| 2028 | ~$1,629,850 | ~$1,269,323 | ~1.9488% | ~$24,737 | +59.4% |
| 2029 | ~$1,903,805 | ~$1,396,255 | ~1.9163% | ~$26,756 | +86.2% |
| 2030 | ~$2,223,809 | ~$1,535,881 | ~1.8837% | ~$28,932 | +117.5% |
| 2026 | ~$1,174,079 | ~$1,049,027 | ~2.0465% | ~$21,468 | +14.8% |
| 2027 | ~$1,347,944 | ~$1,153,930 | ~2.0465% | ~$23,615 | +31.8% |
| 2028 | ~$1,547,556 | ~$1,269,323 | ~2.0465% | ~$25,977 | +51.3% |
| 2029 | ~$1,776,728 | ~$1,396,255 | ~2.0465% | ~$28,574 | +73.7% |
| 2030 | ~$2,039,837 | ~$1,535,881 | ~2.0465% | ~$31,432 | +99.5% |
| 2026 | ~$1,214,985 | ~$1,049,027 | ~1.9977% | ~$20,956 | +18.8% |
| 2027 | ~$1,443,507 | ~$1,153,930 | ~1.9488% | ~$22,488 | +41.2% |
| 2028 | ~$1,715,010 | ~$1,269,323 | ~1.9000% | ~$24,117 | +67.7% |
| 2029 | ~$2,037,580 | ~$1,396,255 | ~1.8512% | ~$25,847 | +99.2% |
| 2030 | ~$2,420,821 | ~$1,535,881 | ~1.8024% | ~$27,682 | +136.7% |
In 2025, this property's market value of $1,022,640 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — +97% 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 | $1,022,640 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $1,300,000 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $1,280,531 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $719,920 | $506,618 | $615,058 | $906,429 | ↑ Above median | +39.1% |
| 2021 | $549,317 | $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.