3400 PECOS ST AUSTIN, TX 78703
| Owner | 3400 PECOS LLC |
|---|---|
| Parcel ID | 0122060421 |
| Short ID | 121709 |
| Type | Real |
| Use Code | 02 Duplex |
| Valuation | Cost |
| Improvement SF | 3,264 SF |
| Land SF | 9,379 SF |
| Acres | 0.215 |
| Year Built | 1977 |
| Legal | LOT 2 SCENIC TERRACE |
| Neighborhood | XSMF1 |
| Land | $876,293 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $876,293 |
| Improvement | $123,707 |
|---|---|
| Total Improvement | $123,707 |
| Market | $1,000,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,000,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,000,000 |
| Taxable Value | $1,000,000 |
|---|
Appreciation: Market value has risen +25.1% from $799,303 (2021) to $1,000,000 (2025), a CAGR of 5.8% 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 $20,465. 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 88% of market value ($876,293 land vs $123,707 improvements), about $93/SF of land. With value concentrated in the land under a ~49-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 $1,000,000, 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 +5.8% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,323,155 by 2030, with an estimated annual tax burden around $24,925. 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 |
|---|---|---|---|
| 095 | HVAC RESIDENTIAL | 3,264 SF | ✗ |
| 2ND | 2nd Floor | 1,680 SF | ✓ |
| 1ST | 1st Floor | 1,584 SF | ✓ |
| 051 | CARPORT DET 1ST | 659 SF | ✗ |
| 512 | DECK UNCOVRED | 160 SF | ✗ |
| SO | Sketch Only | 160 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% | $9,252.00 | $9,252.00 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $5,240.17 | $5,240.17 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,758.45 | $3,758.45 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,180.23 | $1,180.23 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,034.00 | $1,034.00 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $20,464.85 | $20,464.85 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $835,155 | $1,000,000 | -16.5% |
| Assessed Value | $835,155 | $1,000,000 | -16.5% |
| Land Value | $821,525 | $876,293 | -6.2% |
| Improvement Value | $13,630 | $123,707 | -89.0% |
| Taxable Value | $835,155 | $1,000,000 | -16.5% |
| Total Tax 2026 = estimate |
~$17,091
Estimated
|
~$20,465
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,000,000 | $835,155 | -164,845 (-16.5%) |
| Taxable Value | $1,000,000 | $835,155 | -164,845 (-16.5%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $835,155 | $821,525 | $13,630 | — | $835,155 | $835,155 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,000,000 | $876,293 | $123,707 | — | $1,000,000 | $1,000,000 | ~$20,465 | Partial |
| 2024 | $1,231,329 | — | — | −$451,704 | $779,625 | $— | $21,829 | Verified |
| 2023 | $1,367,991 | — | — | −$254,241 | $1,113,750 | $— | $22,278 | Verified |
| 2022 | $985,600 | — | — | — | $1,113,750 ! | $— | $27,017 | Verified |
| 2021 | $799,303 | — | — | −$254,803 | $544,500 | $— | $21,453 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2025 | -9.2% | -9.2% | ~100% | Not available | Partial |
| 2024 | -10.5% | -10.5% | ~100% | 1.9800% | Verified |
| 2023 | -10.0% | -10.0% | ~100% | 1.8100% | Verified |
| 2022 | +38.8% | +38.8% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.6800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +1.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -16.5% | +3.4% | +9.9% | +38.8% | 2023 | -18.8% | 2025 |
| Assessment Ratio | 100.0% | 87.6% | — | 113.0% | 2022 | 63.3% | 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 |
$20,465 | $22,608 | ~$23,083 | $27,017 | 2022 | $20,465 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,057,602 | ~$1,057,602 | ~2.0139% | ~$21,299 | +5.8% |
| 2027 | ~$1,118,521 | ~$1,118,521 | ~1.9814% | ~$22,162 | +11.9% |
| 2028 | ~$1,182,950 | ~$1,182,950 | ~1.9488% | ~$23,054 | +18.3% |
| 2029 | ~$1,251,090 | ~$1,251,090 | ~1.9163% | ~$23,975 | +25.1% |
| 2030 | ~$1,323,155 | ~$1,323,155 | ~1.8837% | ~$24,925 | +32.3% |
| 2026 | ~$1,037,602 | ~$1,037,602 | ~2.0465% | ~$21,234 | +3.8% |
| 2027 | ~$1,076,617 | ~$1,076,617 | ~2.0465% | ~$22,033 | +7.7% |
| 2028 | ~$1,117,100 | ~$1,117,100 | ~2.0465% | ~$22,861 | +11.7% |
| 2029 | ~$1,159,105 | ~$1,159,105 | ~2.0465% | ~$23,721 | +15.9% |
| 2030 | ~$1,202,689 | ~$1,202,689 | ~2.0465% | ~$24,613 | +20.3% |
| 2026 | ~$1,077,602 | ~$1,077,602 | ~1.9977% | ~$21,527 | +7.8% |
| 2027 | ~$1,161,225 | ~$1,161,225 | ~1.9488% | ~$22,630 | +16.1% |
| 2028 | ~$1,251,338 | ~$1,251,338 | ~1.9000% | ~$23,776 | +25.1% |
| 2029 | ~$1,348,444 | ~$1,348,444 | ~1.8512% | ~$24,962 | +34.8% |
| 2030 | ~$1,453,086 | ~$1,453,086 | ~1.8024% | ~$26,190 | +45.3% |
In 2025, this property's market value of $1,000,000 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — +92% 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 | $1,000,000 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $1,231,329 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $1,367,991 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $985,600 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $799,303 | $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.