1401 W 29 ST TX 78703
| Owner | KRAUSE DANIEL W |
|---|---|
| Parcel ID | 0118011504 |
| Short ID | 118232 |
| Type | Real |
| Use Code | 02 Duplex |
| Valuation | Cost |
| Improvement SF | 2,784 SF |
| Land SF | 7,535 SF |
| Acres | 0.173 |
| Year Built | 1962 |
| Legal | E55 FT OF N135 FT OF TRT H BRYKER WOODS |
| Neighborhood | Z330005 |
| Land | $721,487 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $721,487 |
| Improvement | $306,136 |
|---|---|
| Total Improvement | $306,136 |
| Market | $1,027,623 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,027,623 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,027,623 |
| Taxable Value | $1,027,623 |
|---|
Appreciation: Market value has risen +82.1% from $564,390 (2021) to $1,027,623 (2025), a CAGR of 16.2% over 4 years. This is strong appreciation — well above typical inflation. Growth has been fairly evenly spread across these years rather than concentrated in one jump. 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 $21,030. 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 ($721,487 land vs $306,136 improvements), about $96/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 $1,027,623, 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 +16.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,173,461 by 2030, with an estimated annual tax burden around $31,176. 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.
10 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 095 | HVAC RESIDENTIAL | 2,784 SF | ✗ |
| 1ST | 1st Floor | 2,304 SF | ✓ |
| 2ND | 2nd Floor | 480 SF | ✓ |
| SO | Sketch Only | 402 SF | ✗ |
| 051 | CARPORT DET 1ST | 400 SF | ✗ |
| 612 | TERRACE UNCOVERD | 242 SF | ✗ |
| 012 | PORCH OPEN 2ND F | 168 SF | ✗ |
| 581 | STORAGE ATT | 160 SF | ✓ |
| 251 | BATHROOM | 3 SF | ✓ |
| 522 | FIREPLACE | 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 |
|---|---|---|---|---|---|---|---|---|---|
| IAU Austin ISD | 1.0617% | 0.9966% | 0.8595% | 0.9505% | 0.9252% | -0.0253% | $9,507.57 | $9,507.57 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $5,384.92 | $5,384.92 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,862.27 | $3,862.27 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,212.83 | $1,212.83 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,062.56 | $1,062.56 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $21,030.15 | $21,030.15 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $721,488 | $1,027,623 | -29.8% |
| Assessed Value | $721,488 | $1,027,623 | -29.8% |
| Land Value | $721,487 | $721,487 | +0.0% |
| Improvement Value | $1 | $306,136 | -100.0% |
| Taxable Value | $721,488 | $1,027,623 | -29.8% |
| Total Tax 2026 = estimate |
~$14,765
Estimated
|
~$21,030
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $876,635 | $721,488 | -155,147 (-17.7%) |
| Taxable Value | $876,635 | $721,488 | -155,147 (-17.7%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $721,488 | $721,487 | $1 | — | $721,488 | $721,488 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,027,623 | $721,487 | $306,136 | — | $1,027,623 | $1,027,623 | ~$21,030 | Partial |
| 2024 | $1,000,000 | — | — | −$300,000 | $700,000 | $— | $22,791 | Verified |
| 2023 | $912,000 | — | — | −$72,000 | $840,000 | $— | $18,092 | Verified |
| 2022 | $729,600 | — | — | — | $840,000 ! | $— | $18,011 | Verified |
| 2021 | $564,390 | — | — | −$91,890 | $472,500 | $— | $15,881 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -14.7% | -14.7% | ~100% | Not available | Partial |
| 2025 | -10.6% | -10.6% | ~100% | Not available | Partial |
| 2024 | +15.0% | +15.0% | ~100% | 1.9800% | Verified |
| 2023 | +9.6% | +9.6% | ~100% | 1.8100% | Verified |
| 2022 | +25.0% | +25.0% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.8100% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +40.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -29.8% | +7.4% | +26.0% | +29.3% | 2022 | -29.8% | 2026 |
| Assessment Ratio | 100.0% | 93.5% | — | 115.1% | 2022 | 70.0% | 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 |
$21,030 | $19,161 | ~$26,813 | $22,791 | 2024 | $15,881 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,193,706 | ~$1,130,385 | ~2.0139% | ~$22,765 | +16.2% |
| 2027 | ~$1,386,632 | ~$1,243,424 | ~1.9814% | ~$24,637 | +34.9% |
| 2028 | ~$1,610,737 | ~$1,367,766 | ~1.9488% | ~$26,656 | +56.7% |
| 2029 | ~$1,871,063 | ~$1,504,543 | ~1.9163% | ~$28,831 | +82.1% |
| 2030 | ~$2,173,461 | ~$1,654,997 | ~1.8837% | ~$31,176 | +111.5% |
| 2026 | ~$1,173,154 | ~$1,130,385 | ~2.0465% | ~$23,133 | +14.2% |
| 2027 | ~$1,339,294 | ~$1,243,424 | ~2.0465% | ~$25,446 | +30.3% |
| 2028 | ~$1,528,964 | ~$1,367,766 | ~2.0465% | ~$27,991 | +48.8% |
| 2029 | ~$1,745,494 | ~$1,504,543 | ~2.0465% | ~$30,790 | +69.9% |
| 2030 | ~$1,992,688 | ~$1,654,997 | ~2.0465% | ~$33,869 | +93.9% |
| 2026 | ~$1,214,259 | ~$1,130,385 | ~1.9977% | ~$22,581 | +18.2% |
| 2027 | ~$1,434,791 | ~$1,243,424 | ~1.9488% | ~$24,232 | +39.6% |
| 2028 | ~$1,695,376 | ~$1,367,766 | ~1.9000% | ~$25,988 | +65.0% |
| 2029 | ~$2,003,288 | ~$1,504,543 | ~1.8512% | ~$27,852 | +94.9% |
| 2030 | ~$2,367,123 | ~$1,654,997 | ~1.8024% | ~$29,829 | +130.3% |
In 2025, this property's market value of $1,027,623 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — +98% 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 | $1,027,623 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $1,000,000 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $912,000 | $503,905 | $617,035 | $919,932 | ↑ Above median | +0.9% |
| 2022 | $729,600 | $506,618 | $615,058 | $906,429 | ↑ Above median | +39.1% |
| 2021 | $564,390 | $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.