16216 STEWART RD TX 78734
| Owner | OLENICK WALTER & |
|---|---|
| Parcel ID | 0145680719 |
| Short ID | 147555 |
| Type | Real |
| Use Code | 03 Triplex |
| Valuation | Income |
| Improvement SF | 3,544 SF |
| Land SF | 16,161 SF |
| Acres | 0.371 |
| Year Built | 1980 |
| Legal | ABS 2453 SUR 84 STEWART B K & ABS 616 SUR 628 PEARSON I H ACR 0.371 |
| Neighborhood | R2010 |
| Land | $155,926 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $155,926 |
| Improvement | $541,083 |
|---|---|
| Total Improvement | $541,083 |
| Market | $697,009 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $697,009 |
| Value Limitation Adjustment (−) (homestead cap) | −$6,556 |
| Net Appraised (assessed) | $690,453 |
| Exemptions (−) (HS,OV65) | −$204,639 |
|---|---|
| Taxable Value | $485,814 |
Appreciation: Market value has risen +29.7% from $537,473 (2021) to $697,009 (2025), a CAGR of 6.7% over 4 years. This represents moderate, steady growth. 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 lagged the broader multi-family market over the same period.
Tax Burden: The combined rate across 5 taxing entities is 1.6800% in 2025 (+0.0211% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $8,162. Lake Travis ISD is the largest single contributor, at 54.9% of the total 2025 levy.
Assessment Gap: Assessed value ($690,453) is $6,556 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 22% of market value ($155,926 land vs $541,083 improvements), about $10/SF of land. Most value sits in the improvements, so building condition, age (~46 yrs), and rent roll drive the underwriting.
Submarket Position: At $697,009, this parcel sits in the upper-middle (50th–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 +6.7% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $964,585 by 2030, with an estimated annual tax burden around $14,081. 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 | 3,544 SF | ✗ |
| 1ST | 1st Floor | 2,130 SF | ✓ |
| 2ND | 2nd Floor | 1,414 SF | ✓ |
| 061 | CARPORT ATT 1ST | 1,090 SF | ✗ |
| 012 | PORCH OPEN 2ND F | 682 SF | ✗ |
| 011 | PORCH OPEN 1ST F | 452 SF | ✗ |
| 512 | DECK UNCOVRED | 90 SF | ✗ |
| 251 | BATHROOM | 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 |
|---|---|---|---|---|---|---|---|---|---|
| ILT Lake Travis ISD | 1.2301% | 1.2121% | 1.0741% | 1.0656% | 1.0397% | -0.0259% | $3,555.48 | $3,555.48 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,588.27 | $1,588.27 | Paid |
| E06 Travis County ESD # 06 | 0.1000% | 0.0867% | 0.0831% | 0.0876% | 0.0904% | +0.0028% | $562.07 | $562.07 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $449.20 | $449.20 | Paid |
| W17 WCID # 17 | 0.0568% | 0.0543% | 0.0533% | 0.0533% | 0.0560% | +0.0027% | $324.12 | $324.12 | Paid |
| Combined Rate | 1.8561% | 1.7700% | 1.6158% | 1.6589% | 1.6800% | +0.0211% | $6,479.14 | $6,479.14 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $631,848 | $697,009 | -9.3% |
| Assessed Value | $569,530 | $690,453 | -17.5% |
| Land Value | $155,926 | $155,926 | +0.0% |
| Improvement Value | $475,922 | $541,083 | -12.0% |
| Taxable Value | $362,707 | $485,814 | -25.3% |
| Exemptions | HS,OV65 | HS,OV65 | |
| HS Cap Loss | -$62,318 | — | |
| Total Tax 2026 = estimate |
~$6,093
Estimated
|
~$6,479
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $631,848 | $631,848 | +0 (+0.0%) |
| Taxable Value | $364,756 | $362,707 | -2,049 (-0.6%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $631,848 | $155,926 | $475,922 | −$62,318 | $569,530 | $362,707 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $697,009 | $155,926 | $541,083 | −$6,556 | $690,453 | $485,814 | ~$6,479 | Partial |
| 2024 | $564,000 | — | — | −$399,000 | $165,000 | $— | $6,792 | Verified |
| 2023 | $600,000 | — | — | −$500,000 | $100,000 | $— | $5,657 | Verified |
| 2022 | $590,200 | — | — | −$490,200 | $100,000 | $— | $6,641 | Verified |
| 2021 | $537,473 | — | — | −$437,473 | $100,000 | $— | $6,946 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -9.3% | -17.5% | 90.1% | Not available | Partial |
| 2025 | -7.6% | +6.0% | 99.1% | Not available | Partial |
| 2024 | +25.7% | +8.6% | 86.4% | 0.9000% | Verified |
| 2023 | -25.3% | -18.3% | ~100% | 0.9400% | Verified |
| 2022 | +4.8% | +6.7% | 91.4% | 0.8300% | Verified |
| 2021 | base year | — | 89.7% | 1.2900% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -9.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -9.3% | +4.0% | +8.9% | +23.6% | 2025 | -9.3% | 2026 |
| Assessment Ratio | 90.1% | 45.1% | — | 99.1% | 2025 | 16.7% | 2023 |
| Effective Tax Rate (2025) | 0.9300% | 0.9300% | — | 0.9300% | 2025 | 0.9300% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$6,479 | $6,503 | ~$13,118 | $6,946 | 2021 | $5,657 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$743,805 | ~$743,805 | ~1.6359% | ~$12,168 | +6.7% |
| 2027 | ~$793,742 | ~$793,742 | ~1.5919% | ~$12,636 | +13.9% |
| 2028 | ~$847,032 | ~$847,032 | ~1.5479% | ~$13,111 | +21.5% |
| 2029 | ~$903,899 | ~$903,899 | ~1.5039% | ~$13,593 | +29.7% |
| 2030 | ~$964,585 | ~$964,585 | ~1.4598% | ~$14,081 | +38.4% |
| 2026 | ~$729,864 | ~$729,864 | ~1.6800% | ~$12,261 | +4.7% |
| 2027 | ~$764,268 | ~$764,268 | ~1.6800% | ~$12,839 | +9.6% |
| 2028 | ~$800,294 | ~$800,294 | ~1.6800% | ~$13,445 | +14.8% |
| 2029 | ~$838,018 | ~$838,018 | ~1.6800% | ~$14,078 | +20.2% |
| 2030 | ~$877,520 | ~$877,520 | ~1.6800% | ~$14,742 | +25.9% |
| 2026 | ~$757,745 | ~$757,745 | ~1.6139% | ~$12,229 | +8.7% |
| 2027 | ~$823,773 | ~$823,773 | ~1.5479% | ~$12,751 | +18.2% |
| 2028 | ~$895,554 | ~$895,554 | ~1.4818% | ~$13,271 | +28.5% |
| 2029 | ~$973,591 | ~$973,591 | ~1.4158% | ~$13,784 | +39.7% |
| 2030 | ~$1,058,427 | ~$1,058,427 | ~1.3498% | ~$14,286 | +51.9% |
In 2025, this property's market value of $697,009 places it in the 50th–75th percentile for Multi-Family properties in Travis County (12584 comparable) — +34% 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 | $697,009 | $438,669 | $519,778 | $749,859 | ↑ Above median | -7.5% |
| 2024 | $564,000 | $467,458 | $564,615 | $848,565 | ↓ Below median | -6.3% |
| 2023 | $600,000 | $503,905 | $617,035 | $919,932 | ↓ Below median | +0.9% |
| 2022 | $590,200 | $506,618 | $615,058 | $906,429 | ↓ Below median | +39.1% |
| 2021 | $537,473 | $300,453 | $376,850 | $539,896 | ↑ Above median | 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.