1705 CHANNEL RD TX 78746
| Owner | OKENA LODGE LLC |
|---|---|
| Parcel ID | 0133110135 |
| Short ID | 128961 |
| Type | Real |
| Use Code | 03 Triplex |
| Valuation | Income |
| Improvement SF | 3,670 SF |
| Land SF | 16,988 SF |
| Acres | 0.390 |
| Year Built | 1960 |
| Legal | LOT 4 WINDY COVE |
| Neighborhood | M5705 |
| Land | $1,823,137 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,823,137 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $1,700,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,700,000 |
| Value Limitation Adjustment (−) (homestead cap) | −$135,842 |
| Net Appraised (assessed) | $1,564,158 |
| Taxable Value | $1,564,158 |
|---|
Appreciation: Market value has risen +123.2% from $761,533 (2021) to $1,700,000 (2025), a CAGR of 22.2% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2024→2025), 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 outpaced the broader multi-family market over the same period.
Tax Burden: The combined rate across 5 taxing entities is 1.9535% in 2025 (+0.0367% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $30,556. Eanes ISD is the largest single contributor, at 42.6% of the total 2025 levy.
Assessment Gap: Assessed value ($1,564,158) is $135,842 below market value, suggesting potential for an upward assessment in future years.
Asset Class: Multi-family residential. This is valued using the income approach, so changes in rent roll or occupancy move the appraisal more directly than they would for a cost-approach property.
Value Composition: Land carries 107% of market value ($1,823,137 land vs $0 improvements), about $107/SF of land. With value concentrated in the land under a ~66-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 $1,700,000, 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 +22.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $4,638,731 by 2030, with an estimated annual tax burden around $42,210. 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 | 3,670 SF | ✗ |
| 1ST | 1st Floor | 2,246 SF | ✓ |
| 2ND | 2nd Floor | 1,424 SF | ✓ |
| 011 | PORCH OPEN 1ST F | 925 SF | ✗ |
| 581 | STORAGE ATT | 63 SF | ✓ |
| 251 | BATHROOM | 3 SF | ✓ |
| 522 | FIREPLACE | 3 SF | ✓ |
| 472 | BOAT DK STA COV | 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 |
|---|---|---|---|---|---|---|---|---|---|
| IEA Eanes ISD | 1.0608% | 1.0046% | 0.8880% | 0.8855% | 0.8322% | -0.0533% | $13,016.92 | $13,016.92 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $8,196.45 | $8,196.45 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $5,878.81 | $5,878.81 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,846.07 | $1,846.07 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,617.34 | $1,617.34 | Paid |
| Combined Rate | 2.1758% | 1.9829% | 1.8377% | 1.9168% | 1.9535% | +0.0367% | $30,555.59 | $30,555.59 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,549,667 | $1,700,000 | -8.8% |
| Assessed Value | $1,549,667 | $1,564,158 | -0.9% |
| Land Value | $1,549,666 | $1,823,137 | -15.0% |
| Improvement Value | $1 | — | — |
| Taxable Value | $1,549,667 | $1,564,158 | -0.9% |
| Total Tax 2026 = estimate |
~$30,273
Estimated
|
~$30,556
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,888,400 | $1,549,667 | -338,733 (-17.9%) |
| Taxable Value | $1,876,990 | $1,549,667 | -327,323 (-17.4%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,549,667 | $1,549,666 | $1 | — | $1,549,667 | $1,549,667 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,700,000 | $1,823,137 | — | −$135,842 | $1,564,158 | $1,564,158 | ~$30,556 | Partial |
| 2024 | $1,133,124 | — | — | — | $1,140,000 ! | $— | $24,985 | Verified |
| 2023 | $1,288,080 | — | — | −$154,956 | $1,133,124 | $— | $20,824 | Verified |
| 2022 | $914,841 | — | — | — | $1,140,000 ! | $— | $25,542 | Verified |
| 2021 | $761,533 | — | — | −$120,283 | $641,250 | $— | $19,905 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +11.1% | +20.0% | 99.4% | Not available | Partial |
| 2025 | +30.4% | +20.0% | 92.0% | Not available | Partial |
| 2024 | +15.0% | +15.0% | ~100% | 1.9200% | Verified |
| 2023 | -12.0% | -12.0% | ~100% | 1.8400% | Verified |
| 2022 | +18.6% | +18.6% | ~100% | 1.9800% | Verified |
| 2021 | base year | — | ~100% | 2.6100% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +56.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -8.8% | +18.0% | +24.6% | +50.0% | 2025 | -12.0% | 2024 |
| Assessment Ratio | 100.0% | 98.2% | — | 124.6% | 2022 | 84.2% | 2021 |
| Effective Tax Rate (2025) | 1.8000% | 1.8000% | — | 1.8000% | 2025 | 1.8000% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$30,556 | $24,362 | ~$37,316 | $30,556 | 2025 | $19,905 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,077,969 | ~$1,720,574 | ~1.8979% | ~$32,655 | +22.2% |
| 2027 | ~$2,539,973 | ~$1,892,631 | ~1.8423% | ~$34,869 | +49.4% |
| 2028 | ~$3,104,696 | ~$2,081,894 | ~1.7868% | ~$37,199 | +82.6% |
| 2029 | ~$3,794,977 | ~$2,290,084 | ~1.7312% | ~$39,646 | +123.2% |
| 2030 | ~$4,638,731 | ~$2,519,092 | ~1.6756% | ~$42,210 | +172.9% |
| 2026 | ~$2,043,969 | ~$1,720,574 | ~1.9535% | ~$33,611 | +20.2% |
| 2027 | ~$2,457,534 | ~$1,892,631 | ~1.9535% | ~$36,972 | +44.6% |
| 2028 | ~$2,954,778 | ~$2,081,894 | ~1.9535% | ~$40,669 | +73.8% |
| 2029 | ~$3,552,631 | ~$2,290,084 | ~1.9535% | ~$44,736 | +109.0% |
| 2030 | ~$4,271,450 | ~$2,519,092 | ~1.9535% | ~$49,210 | +151.3% |
| 2026 | ~$2,111,969 | ~$1,720,574 | ~1.8701% | ~$32,177 | +24.2% |
| 2027 | ~$2,623,771 | ~$1,892,631 | ~1.7868% | ~$33,817 | +54.3% |
| 2028 | ~$3,259,601 | ~$2,081,894 | ~1.7034% | ~$35,463 | +91.7% |
| 2029 | ~$4,049,515 | ~$2,290,084 | ~1.6200% | ~$37,100 | +138.2% |
| 2030 | ~$5,030,852 | ~$2,519,092 | ~1.5367% | ~$38,710 | +195.9% |
In 2025, this property's market value of $1,700,000 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 3× 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 | $1,700,000 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $1,133,124 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $1,288,080 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $914,841 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $761,533 | $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.