3007 MAYWOOD CIR TX 78703
| Owner | BUTLER LEWETTE ANN LITTLE & |
|---|---|
| Parcel ID | 0121050340 |
| Short ID | 120768 |
| Type | Real |
| Use Code | 02 Duplex |
| Valuation | Cost |
| Improvement SF | 3,211 SF |
| Land SF | 10,396 SF |
| Acres | 0.239 |
| Year Built | 1971 |
| Legal | LOT 6 WOODS KNOLL ADDN |
| Neighborhood | XSMF1 |
| Land | $1,037,261 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,037,261 |
| Improvement | $62,739 |
|---|---|
| Total Improvement | $62,739 |
| Market | $1,100,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,100,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,100,000 |
| Exemptions (−) (HS,OV65) | −$253,220 |
|---|---|
| Taxable Value | $846,780 |
Appreciation: Market value has risen +22.4% from $898,562 (2021) to $1,100,000 (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 $17,329. Austin ISD is the largest single contributor, at 36.8% 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 94% of market value ($1,037,261 land vs $62,739 improvements), about $100/SF of land. With value concentrated in the land under a ~55-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 $1,100,000, 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 +5.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,416,441 by 2030, with an estimated annual tax burden around $26,682. 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 | 3,211 SF | ✓ |
| 095 | HVAC RESIDENTIAL | 3,211 SF | ✗ |
| 061 | CARPORT ATT 1ST | 662 SF | ✗ |
| 011 | PORCH OPEN 1ST F | 175 SF | ✗ |
| 581 | STORAGE ATT | 101 SF | ✓ |
| SO | Sketch Only | 101 SF | ✗ |
| 251 | BATHROOM | 4 SF | ✓ |
| 522 | FIREPLACE | 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% | $5,363.68 | $5,363.68 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $4,181.66 | $4,181.66 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,182.58 | $3,182.58 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $949.85 | $949.85 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $892.75 | $892.75 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $14,570.52 | $14,570.52 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,100,000 | $1,100,000 | +0.0% |
| Assessed Value | $1,100,000 | $1,100,000 | +0.0% |
| Land Value | $1,296,577 | $1,037,261 | +25.0% |
| Improvement Value | — | $62,739 | — |
| Taxable Value | $844,731 | $846,780 | -0.2% |
| Exemptions | HS,OV65 | HS,OV65 | |
| Total Tax 2026 = estimate |
~$17,287
Estimated
|
~$14,571
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,100,000 | $1,100,000 | +0 (+0.0%) |
| Taxable Value | $846,780 | $844,731 | -2,049 (-0.2%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,100,000 | $1,296,577 | — | — | $1,100,000 | $844,731 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,100,000 | $1,037,261 | $62,739 | — | $1,100,000 | $846,780 | ~$14,571 | Partial |
| 2024 | $1,513,617 | — | — | −$647,367 | $866,250 | $— | $17,017 | Verified |
| 2023 | $1,650,344 | — | — | −$412,844 | $1,237,500 | $— | $18,263 | Verified |
| 2022 | $1,098,942 | — | — | — | $1,237,500 ! | $— | $22,814 | Verified |
| 2021 | $898,562 | — | — | −$293,562 | $605,000 | $— | $18,547 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2025 | -10.9% | -10.9% | ~100% | Not available | Partial |
| 2024 | -18.4% | -8.8% | ~100% | 1.3800% | Verified |
| 2023 | -8.3% | -1.0% | 89.5% | 1.2100% | Verified |
| 2022 | +50.2% | +31.2% | 82.9% | 1.3800% | Verified |
| 2021 | base year | — | 95.0% | 2.0600% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +0.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +7.4% | +5.2% | +50.2% | 2023 | -27.3% | 2025 |
| Assessment Ratio | 100.0% | 85.4% | — | 112.6% | 2022 | 57.2% | 2024 |
| Effective Tax Rate (2025) | 1.3200% | 1.3200% | — | 1.3200% | 2025 | 1.3200% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$14,571 | $18,242 | ~$24,971 | $22,814 | 2022 | $14,571 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,157,055 | ~$1,157,055 | ~2.0139% | ~$23,302 | +5.2% |
| 2027 | ~$1,217,068 | ~$1,217,068 | ~1.9814% | ~$24,115 | +10.6% |
| 2028 | ~$1,280,195 | ~$1,280,195 | ~1.9488% | ~$24,949 | +16.4% |
| 2029 | ~$1,346,596 | ~$1,346,596 | ~1.9163% | ~$25,805 | +22.4% |
| 2030 | ~$1,416,441 | ~$1,416,441 | ~1.8837% | ~$26,682 | +28.8% |
| 2026 | ~$1,135,055 | ~$1,135,055 | ~2.0465% | ~$23,229 | +3.2% |
| 2027 | ~$1,171,226 | ~$1,171,226 | ~2.0465% | ~$23,969 | +6.5% |
| 2028 | ~$1,208,551 | ~$1,208,551 | ~2.0465% | ~$24,733 | +9.9% |
| 2029 | ~$1,247,065 | ~$1,247,065 | ~2.0465% | ~$25,521 | +13.4% |
| 2030 | ~$1,286,806 | ~$1,286,806 | ~2.0465% | ~$26,334 | +17.0% |
| 2026 | ~$1,179,055 | ~$1,179,055 | ~1.9977% | ~$23,554 | +7.2% |
| 2027 | ~$1,263,791 | ~$1,263,791 | ~1.9488% | ~$24,629 | +14.9% |
| 2028 | ~$1,354,616 | ~$1,354,616 | ~1.9000% | ~$25,738 | +23.1% |
| 2029 | ~$1,451,970 | ~$1,451,970 | ~1.8512% | ~$26,879 | +32.0% |
| 2030 | ~$1,556,320 | ~$1,556,320 | ~1.8024% | ~$28,051 | +41.5% |
In 2025, this property's market value of $1,100,000 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — +112% 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 | $1,100,000 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $1,513,617 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $1,650,344 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $1,098,942 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $898,562 | $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.