3004 MAYWOOD CIR TX 78703
| Owner | SAWYER MICHAEL |
|---|---|
| Parcel ID | 0121050344 |
| Short ID | 120771 |
| Type | Real |
| Use Code | 02 Duplex |
| Valuation | Cost |
| Improvement SF | 2,760 SF |
| Land SF | 8,115 SF |
| Acres | 0.186 |
| Year Built | 1968 |
| Legal | LOT 10 WOODS KNOLL ADDN |
| Neighborhood | XSMF1 |
| Land | $889,798 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $889,798 |
| Improvement | $371,299 |
|---|---|
| Total Improvement | $371,299 |
| Market | $1,261,097 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,261,097 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,261,097 |
| Exemptions (−) (DP,HS) | −$395,439 |
|---|---|
| Taxable Value | $865,658 |
Appreciation: Market value has risen +36.6% from $923,127 (2021) to $1,261,097 (2025), a CAGR of 8.1% 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 lagged the broader multi-family market over the same period.
Tax Burden: The combined rate across 4 taxing entities is 1.1213% in 2025 (+0.0900% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $9,706. City of Austin is the largest single contributor, at 45.4% 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 71% of market value ($889,798 land vs $371,299 improvements), about $110/SF of land. With value concentrated in the land under a ~58-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 $1,261,097, 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 +8.1% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,862,547 by 2030, with an estimated annual tax burden around $21,031. 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 | 2,760 SF | ✓ |
| 095 | HVAC RESIDENTIAL | 2,760 SF | ✗ |
| 041 | GARAGE ATT 1ST F | 504 SF | ✓ |
| 612 | TERRACE UNCOVERD | 373 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 |
|---|---|---|---|---|---|---|---|---|---|
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $966.41 | $966.41 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $738.98 | $738.98 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $219.67 | $219.67 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $202.07 | $202.07 | Paid |
| Combined Rate | 1.1150% | 0.9783% | 0.9497% | 1.0313% | 1.1213% | +0.0900% | $2,127.13 | $2,127.13 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,162,118 | $1,261,097 | -7.8% |
| Assessed Value | $1,162,118 | $1,261,097 | -7.8% |
| Land Value | $1,112,247 | $889,798 | +25.0% |
| Improvement Value | $49,871 | $371,299 | -86.6% |
| Taxable Value | $784,425 | $865,658 | -9.4% |
| Exemptions | DP,HS | DP,HS | |
| Total Tax 2026 = estimate |
~$8,796
Estimated
|
~$2,127
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,162,118 | $1,162,118 | +0 (+0.0%) |
| Taxable Value | $786,474 | $784,425 | -2,049 (-0.3%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,162,118 | $1,112,247 | $49,871 | — | $1,162,118 | $784,425 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,261,097 | $889,798 | $371,299 | — | $1,261,097 | $865,658 | ~$2,127 | Partial |
| 2024 | $1,900,188 | — | — | −$1,033,938 | $866,250 | $— | $2,844 | Verified |
| 2023 | $1,947,527 | — | — | −$710,027 | $1,237,500 | $— | $2,524 | Verified |
| 2022 | $1,217,372 | — | — | — | $1,237,500 ! | $— | $3,254 | Verified |
| 2021 | $923,127 | — | — | −$318,127 | $605,000 | $— | $3,311 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -7.8% | -7.8% | ~100% | Not available | Partial |
| 2025 | -6.2% | -1.4% | ~100% | Not available | Partial |
| 2024 | -29.3% | +10.0% | 95.1% | 0.2100% | Verified |
| 2023 | -2.4% | +10.0% | 61.2% | 0.1300% | Verified |
| 2022 | +60.0% | +10.0% | 54.3% | 0.1700% | Verified |
| 2021 | base year | — | 78.9% | 0.3600% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +3.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -7.8% | +9.6% | +10.0% | +60.0% | 2023 | -33.6% | 2025 |
| Assessment Ratio | 100.0% | 79.4% | — | 101.7% | 2022 | 45.6% | 2024 |
| Effective Tax Rate (2025) | 0.1700% | 0.1700% | — | 0.1700% | 2025 | 0.1700% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$2,127 | $2,812 | ~$18,057 | $3,311 | 2021 | $2,127 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,363,390 | ~$1,363,390 | ~1.1229% | ~$15,309 | +8.1% |
| 2027 | ~$1,473,981 | ~$1,473,981 | ~1.1244% | ~$16,574 | +16.9% |
| 2028 | ~$1,593,543 | ~$1,593,543 | ~1.1260% | ~$17,944 | +26.4% |
| 2029 | ~$1,722,803 | ~$1,722,803 | ~1.1276% | ~$19,426 | +36.6% |
| 2030 | ~$1,862,547 | ~$1,862,547 | ~1.1292% | ~$21,031 | +47.7% |
| 2026 | ~$1,338,169 | ~$1,338,169 | ~1.1213% | ~$15,005 | +6.1% |
| 2027 | ~$1,419,950 | ~$1,419,950 | ~1.1213% | ~$15,922 | +12.6% |
| 2028 | ~$1,506,730 | ~$1,506,730 | ~1.1213% | ~$16,895 | +19.5% |
| 2029 | ~$1,598,813 | ~$1,598,813 | ~1.1213% | ~$17,927 | +26.8% |
| 2030 | ~$1,696,524 | ~$1,696,524 | ~1.1213% | ~$19,023 | +34.5% |
| 2026 | ~$1,388,612 | ~$1,387,207 | ~1.1237% | ~$15,587 | +10.1% |
| 2027 | ~$1,529,021 | ~$1,525,927 | ~1.1260% | ~$17,182 | +21.2% |
| 2028 | ~$1,683,628 | ~$1,678,520 | ~1.1284% | ~$18,940 | +33.5% |
| 2029 | ~$1,853,867 | ~$1,846,372 | ~1.1307% | ~$20,878 | +47.0% |
| 2030 | ~$2,041,321 | ~$2,031,009 | ~1.1331% | ~$23,014 | +61.9% |
In 2025, this property's market value of $1,261,097 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — +143% 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 | $1,261,097 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $1,900,188 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $1,947,527 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $1,217,372 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $923,127 | $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.