3302 EXPOSITION BLVD TX 78703
| Owner | TAYS HERBERT C & E NADEAN TRS |
|---|---|
| Parcel ID | 0121040523 |
| Short ID | 120696 |
| Type | Real |
| Use Code | 02 Duplex |
| Valuation | Cost |
| Improvement SF | 2,387 SF |
| Land SF | 14,433 SF |
| Acres | 0.331 |
| Year Built | 1950 |
| Legal | LOT A&B VON ADDN |
| Neighborhood | XSMF1 |
| Land | $960,350 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $960,350 |
| Improvement | $55,882 |
|---|---|
| Total Improvement | $55,882 |
| Market | $1,016,232 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,016,232 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,016,232 |
| Taxable Value | $1,016,232 |
|---|
Appreciation: Market value has risen +22.7% from $828,486 (2021) to $1,016,232 (2025), a CAGR of 5.2% over 4 years. This represents moderate, steady growth. 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 lagged 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 $20,797. 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 95% of market value ($960,350 land vs $55,882 improvements), about $67/SF of land. With value concentrated in the land under a ~76-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 $1,016,232, 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 +5.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,311,830 by 2030, with an estimated annual tax burden around $24,711. 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.
7 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 2,387 SF | ✓ |
| 095 | HVAC RESIDENTIAL | 1,987 SF | ✗ |
| 581 | STORAGE ATT | 220 SF | ✓ |
| 011 | PORCH OPEN 1ST F | 130 SF | ✗ |
| 612 | TERRACE UNCOVERD | 40 SF | ✗ |
| SO | Sketch Only | 40 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% | $9,402.18 | $9,402.18 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $5,325.23 | $5,325.23 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,819.46 | $3,819.46 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,199.39 | $1,199.39 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,050.78 | $1,050.78 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $20,797.04 | $20,797.04 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,016,232 | $1,016,232 | +0.0% |
| Assessed Value | $1,016,232 | $1,016,232 | +0.0% |
| Land Value | $1,200,438 | $960,350 | +25.0% |
| Improvement Value | — | $55,882 | — |
| Taxable Value | $1,016,232 | $1,016,232 | +0.0% |
| Total Tax 2026 = estimate |
~$20,797
Estimated
|
~$20,797
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,016,232 | $1,016,232 | +0 (+0.0%) |
| Taxable Value | $1,016,232 | $1,016,232 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,016,232 | $1,200,438 | — | — | $1,016,232 | $1,016,232 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,016,232 | $960,350 | $55,882 | — | $1,016,232 | $1,016,232 | ~$20,797 | Partial |
| 2024 | $1,309,952 | — | — | −$593,327 | $716,625 | $— | $17,351 | Verified |
| 2023 | $1,455,303 | — | — | −$431,553 | $1,023,750 | $— | $23,700 | Verified |
| 2022 | $994,743 | — | — | — | $1,023,750 ! | $— | $28,741 | Verified |
| 2021 | $828,486 | — | — | −$113,486 | $715,000 | $— | $21,652 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2025 | +16.1% | +16.1% | ~100% | Not available | Partial |
| 2024 | -33.2% | -33.2% | ~100% | 1.9800% | Verified |
| 2023 | -10.0% | -10.0% | ~100% | 1.8100% | Verified |
| 2022 | +46.3% | +46.3% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.6100% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +2.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +6.8% | +5.2% | +46.3% | 2023 | -22.4% | 2025 |
| Assessment Ratio | 100.0% | 85.7% | — | 102.9% | 2022 | 54.7% | 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 |
$20,797 | $22,448 | ~$23,104 | $28,741 | 2022 | $17,351 | 2024 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,069,473 | ~$1,069,473 | ~2.0139% | ~$21,539 | +5.2% |
| 2027 | ~$1,125,503 | ~$1,125,503 | ~1.9814% | ~$22,301 | +10.8% |
| 2028 | ~$1,184,469 | ~$1,184,469 | ~1.9488% | ~$23,083 | +16.6% |
| 2029 | ~$1,246,524 | ~$1,246,524 | ~1.9163% | ~$23,887 | +22.7% |
| 2030 | ~$1,311,830 | ~$1,311,830 | ~1.8837% | ~$24,711 | +29.1% |
| 2026 | ~$1,049,148 | ~$1,049,148 | ~2.0465% | ~$21,471 | +3.2% |
| 2027 | ~$1,083,131 | ~$1,083,131 | ~2.0465% | ~$22,166 | +6.6% |
| 2028 | ~$1,118,214 | ~$1,118,214 | ~2.0465% | ~$22,884 | +10.0% |
| 2029 | ~$1,154,433 | ~$1,154,433 | ~2.0465% | ~$23,625 | +13.6% |
| 2030 | ~$1,191,826 | ~$1,191,826 | ~2.0465% | ~$24,391 | +17.3% |
| 2026 | ~$1,089,798 | ~$1,089,798 | ~1.9977% | ~$21,770 | +7.2% |
| 2027 | ~$1,168,689 | ~$1,168,689 | ~1.9488% | ~$22,776 | +15.0% |
| 2028 | ~$1,253,291 | ~$1,253,291 | ~1.9000% | ~$23,813 | +23.3% |
| 2029 | ~$1,344,017 | ~$1,344,017 | ~1.8512% | ~$24,880 | +32.3% |
| 2030 | ~$1,441,311 | ~$1,441,311 | ~1.8024% | ~$25,978 | +41.8% |
In 2025, this property's market value of $1,016,232 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — +96% 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 | $1,016,232 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $1,309,952 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $1,455,303 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $994,743 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $828,486 | $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.