3606 GREYSTONE DR TX 78731
| Owner | BRUECK ROBERT GLEN & KARRIE S |
|---|---|
| Parcel ID | 0140010216 |
| Short ID | 138281 |
| Type | Real |
| Use Code | 02 Duplex |
| Valuation | Cost |
| Improvement SF | 3,546 SF |
| Land SF | 27,619 SF |
| Acres | 0.634 |
| Year Built | 1980 |
| Legal | LOT 2C WOODCREEK RESUB OF LT 2 |
| Neighborhood | X1005 |
| Land | $796,659 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $796,659 |
| Improvement | $254,133 |
|---|---|
| Total Improvement | $254,133 |
| Market | $1,050,792 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,050,792 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,050,792 |
| Exemptions (−) (HS) | −$126,095 |
|---|---|
| Taxable Value | $924,697 |
Appreciation: Market value has risen +55.6% from $675,200 (2021) to $1,050,792 (2025), a CAGR of 11.7% over 4 years. This is strong appreciation — well above typical inflation. Growth has been fairly evenly spread across these years rather than concentrated in one jump. 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 2.0465% in 2025 (+0.0647% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $18,924. Austin ISD is the largest single contributor, at 46.0% 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 76% of market value ($796,659 land vs $254,133 improvements), about $29/SF of land. With value concentrated in the land under a ~46-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 $1,050,792, 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 +11.7% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,826,510 by 2030, with an estimated annual tax burden around $31,879. 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 | 3,546 SF | ✗ |
| 1ST | 1st Floor | 3,078 SF | ✓ |
| 041 | GARAGE ATT 1ST F | 955 SF | ✓ |
| 512 | DECK UNCOVRED | 698 SF | ✗ |
| 2ND | 2nd Floor | 468 SF | ✓ |
| 011 | PORCH OPEN 1ST F | 70 SF | ✗ |
| 251 | BATHROOM | 4 SF | ✓ |
| 522 | FIREPLACE | 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 |
|---|---|---|---|---|---|---|---|---|---|
| IAU Austin ISD | 1.0617% | 0.9966% | 0.8595% | 0.9505% | 0.9252% | -0.0253% | $8,944.76 | $8,944.76 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $4,845.57 | $4,845.57 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,475.43 | $3,475.43 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,091.36 | $1,091.36 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,080.00 | $1,080.00 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $19,437.12 | $19,437.12 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,070,000 | $1,050,792 | +1.8% |
| Assessed Value | $1,070,000 | $1,050,792 | +1.8% |
| Land Value | $828,887 | $796,659 | +4.0% |
| Improvement Value | $241,113 | $254,133 | -5.1% |
| Taxable Value | $941,600 | $924,697 | +1.8% |
| Exemptions | HS | HS | |
| Total Tax 2026 = estimate |
~$19,270
Estimated
|
~$19,437
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,093,949 | $1,070,000 | -23,949 (-2.2%) |
| Taxable Value | $962,675 | $941,600 | -21,075 (-2.2%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,070,000 | $828,887 | $241,113 | — | $1,070,000 | $941,600 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,050,792 | $796,659 | $254,133 | — | $1,050,792 | $924,697 | ~$19,437 | Partial |
| 2024 | $1,081,872 | — | — | −$309,997 | $771,875 | $— | $20,369 | Verified |
| 2023 | $1,030,000 | — | — | −$258,125 | $771,875 | $— | $17,947 | Verified |
| 2022 | $828,581 | — | — | −$56,706 | $771,875 | $— | $20,342 | Verified |
| 2021 | $675,200 | — | — | −$200,200 | $475,000 | $— | $18,036 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +4.1% | +4.1% | ~100% | Not available | Partial |
| 2025 | -6.2% | -6.2% | ~100% | Not available | Partial |
| 2024 | -11.3% | -11.3% | ~100% | 1.8200% | Verified |
| 2023 | +22.6% | +22.6% | ~100% | 1.4200% | Verified |
| 2022 | +24.3% | +24.3% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.6700% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +26.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +1.8% | +10.2% | +11.3% | +24.3% | 2023 | -2.9% | 2025 |
| Assessment Ratio | 100.0% | 85.0% | — | 100.0% | 2025 | 70.3% | 2021 |
| Effective Tax Rate (2025) | 1.8500% | 1.8500% | — | 1.8500% | 2025 | 1.8500% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$19,437 | $19,226 | ~$27,418 | $20,369 | 2024 | $17,947 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,173,648 | ~$1,155,871 | ~2.0139% | ~$23,279 | +11.7% |
| 2027 | ~$1,310,868 | ~$1,271,458 | ~1.9814% | ~$25,193 | +24.8% |
| 2028 | ~$1,464,131 | ~$1,398,604 | ~1.9488% | ~$27,257 | +39.3% |
| 2029 | ~$1,635,314 | ~$1,538,465 | ~1.9163% | ~$29,481 | +55.6% |
| 2030 | ~$1,826,510 | ~$1,692,311 | ~1.8837% | ~$31,879 | +73.8% |
| 2026 | ~$1,152,632 | ~$1,152,632 | ~2.0465% | ~$23,588 | +9.7% |
| 2027 | ~$1,264,342 | ~$1,264,342 | ~2.0465% | ~$25,875 | +20.3% |
| 2028 | ~$1,386,879 | ~$1,386,879 | ~2.0465% | ~$28,382 | +32.0% |
| 2029 | ~$1,521,292 | ~$1,521,292 | ~2.0465% | ~$31,133 | +44.8% |
| 2030 | ~$1,668,732 | ~$1,668,732 | ~2.0465% | ~$34,150 | +58.8% |
| 2026 | ~$1,194,664 | ~$1,155,871 | ~1.9977% | ~$23,090 | +13.7% |
| 2027 | ~$1,358,234 | ~$1,271,458 | ~1.9488% | ~$24,779 | +29.3% |
| 2028 | ~$1,544,200 | ~$1,398,604 | ~1.9000% | ~$26,574 | +47.0% |
| 2029 | ~$1,755,628 | ~$1,538,465 | ~1.8512% | ~$28,480 | +67.1% |
| 2030 | ~$1,996,004 | ~$1,692,311 | ~1.8024% | ~$30,502 | +90.0% |
In 2025, this property's market value of $1,050,792 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — +102% 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 | $1,050,792 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $1,081,872 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $1,030,000 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $828,581 | $506,618 | $615,058 | $906,429 | ↑ Above median | +39.1% |
| 2021 | $675,200 | $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.