1902 W 33 ST TX 78703
| Owner | KELTYD LLC |
|---|---|
| Parcel ID | 0120010411 |
| Short ID | 120280 |
| Type | Real |
| Use Code | 02 Duplex |
| Valuation | Cost |
| Improvement SF | 1,728 SF |
| Land SF | 11,831 SF |
| Acres | 0.272 |
| Year Built | 1948 |
| Legal | LOT 3 BRYKERWOODS G |
| Neighborhood | Z330005 |
| Land | $886,409 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $886,409 |
| Improvement | $153,591 |
|---|---|
| Total Improvement | $153,591 |
| Market | $1,040,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,040,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,040,000 |
| Taxable Value | $1,040,000 |
|---|
Appreciation: Market value has risen +46.9% from $707,795 (2021) to $1,040,000 (2025), a CAGR of 10.1% 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 $21,283. 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 85% of market value ($886,409 land vs $153,591 improvements), about $75/SF of land. With value concentrated in the land under a ~78-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 $1,040,000, 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 +10.1% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,682,444 by 2030, with an estimated annual tax burden around $31,551. 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.
6 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 1,728 SF | ✓ |
| 095 | HVAC RESIDENTIAL | 1,728 SF | ✗ |
| 512 | DECK UNCOVRED | 108 SF | ✗ |
| 011 | PORCH OPEN 1ST F | 64 SF | ✗ |
| 252 | BEDROOMS | 2 SF | ✓ |
| 251 | BATHROOM | 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% | $9,622.08 | $9,622.08 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $5,449.78 | $5,449.78 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,908.79 | $3,908.79 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,227.44 | $1,227.44 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,075.36 | $1,075.36 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $21,283.45 | $21,283.45 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,040,000 | $1,040,000 | +0.0% |
| Assessed Value | $1,040,000 | $1,040,000 | +0.0% |
| Land Value | $886,409 | $886,409 | +0.0% |
| Improvement Value | $153,591 | $153,591 | +0.0% |
| Taxable Value | $1,040,000 | $1,040,000 | +0.0% |
| Total Tax 2026 = estimate |
~$21,283
Estimated
|
~$21,283
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,040,000 | $1,040,000 | +0 (+0.0%) |
| Taxable Value | $1,040,000 | $1,040,000 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,040,000 | $886,409 | $153,591 | — | $1,040,000 | $1,040,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,040,000 | $886,409 | $153,591 | — | $1,040,000 | $1,040,000 | ~$21,283 | Partial |
| 2024 | $1,000,000 | — | — | — | $1,000,000 | $— | $21,800 | Verified |
| 2023 | $962,625 | — | — | — | $1,000,000 ! | $— | $18,092 | Verified |
| 2022 | $770,100 | — | — | — | $962,625 ! | $— | $19,011 | Verified |
| 2021 | $707,795 | — | — | −$145,295 | $562,500 | $— | $16,763 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2025 | -5.5% | -5.5% | ~100% | Not available | Partial |
| 2024 | +10.0% | +10.0% | ~100% | 1.9800% | Verified |
| 2023 | +3.9% | +3.9% | ~100% | 1.8100% | Verified |
| 2022 | +25.0% | +25.0% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.3700% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +35.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +8.3% | +10.1% | +25.0% | 2023 | +0.0% | 2026 |
| Assessment Ratio | 100.0% | 101.4% | — | 125.0% | 2022 | 79.5% | 2021 |
| 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 |
$21,283 | $19,390 | ~$27,136 | $21,800 | 2024 | $16,763 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,145,025 | ~$1,144,000 | ~2.0139% | ~$23,039 | +10.1% |
| 2027 | ~$1,260,655 | ~$1,258,400 | ~1.9814% | ~$24,934 | +21.2% |
| 2028 | ~$1,387,962 | ~$1,384,240 | ~1.9488% | ~$26,977 | +33.5% |
| 2029 | ~$1,528,126 | ~$1,522,664 | ~1.9163% | ~$29,179 | +46.9% |
| 2030 | ~$1,682,444 | ~$1,674,930 | ~1.8837% | ~$31,551 | +61.8% |
| 2026 | ~$1,124,225 | ~$1,124,225 | ~2.0465% | ~$23,007 | +8.1% |
| 2027 | ~$1,215,270 | ~$1,215,270 | ~2.0465% | ~$24,870 | +16.9% |
| 2028 | ~$1,313,689 | ~$1,313,689 | ~2.0465% | ~$26,884 | +26.3% |
| 2029 | ~$1,420,078 | ~$1,420,078 | ~2.0465% | ~$29,062 | +36.5% |
| 2030 | ~$1,535,083 | ~$1,535,083 | ~2.0465% | ~$31,415 | +47.6% |
| 2026 | ~$1,165,825 | ~$1,144,000 | ~1.9977% | ~$22,853 | +12.1% |
| 2027 | ~$1,306,872 | ~$1,258,400 | ~1.9488% | ~$24,524 | +25.7% |
| 2028 | ~$1,464,984 | ~$1,384,240 | ~1.9000% | ~$26,301 | +40.9% |
| 2029 | ~$1,642,225 | ~$1,522,664 | ~1.8512% | ~$28,187 | +57.9% |
| 2030 | ~$1,840,910 | ~$1,674,930 | ~1.8024% | ~$30,188 | +77.0% |
In 2025, this property's market value of $1,040,000 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — +100% 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 | $1,040,000 | $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 | $962,625 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $770,100 | $506,618 | $615,058 | $906,429 | ↑ Above median | +39.1% |
| 2021 | $707,795 | $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.