207 N PLEASANT VALLEY RD AUSTIN, TX 78702
| Owner | MUSGROVE CLARA |
|---|---|
| Parcel ID | 0200120309 |
| Short ID | 187644 |
| Type | Real |
| Use Code | 61 Warehouse (<20,000 SF) |
| Valuation | Cost |
| Improvement SF | 9,348 SF |
| Land SF | 18,975 SF |
| Acres | 0.436 |
| Year Built | 1952 |
| Legal | LOT 10-12 BLK 20 OLT 29 DIV O DOWELL JOHN |
| Neighborhood | 61EAS |
| Land | $2,371,843 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,371,843 |
| Improvement | $385,575 |
|---|---|
| Total Improvement | $385,575 |
| Market | $2,757,418 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,757,418 |
| Value Limitation Adjustment (−) (homestead cap) | −$398,989 |
| Net Appraised (assessed) | $2,358,429 |
| Exemptions (−) (HS,OV65) | −$191,170 |
|---|---|
| Taxable Value | $2,167,259 |
Appreciation: Market value has risen +138.2% from $1,157,388 (2021) to $2,757,418 (2025), a CAGR of 24.2% 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 $44,353. Austin ISD is the largest single contributor, at 45.0% of the total 2025 levy.
Assessment Gap: Assessed value ($2,358,429) is $398,989 below market value, suggesting potential for an upward assessment in future years.
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 86% of market value ($2,371,843 land vs $385,575 improvements), about $125/SF of land. With value concentrated in the land under a ~74-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 $2,757,418, 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 +24.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $8,161,729 by 2030, with an estimated annual tax burden around $71,550. 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.
9 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 9,348 SF | ✓ |
| 551 | PAVED AREA | 3,591 SF | ✗ |
| 881 | COMMCL FINISHOUT | 912 SF | ✓ |
| MEZZ | Mezzanine | 480 SF | ✓ |
| SO | Sketch Only | 480 SF | ✗ |
| 327 | STORAGE COMM'L | 50 SF | ✓ |
| 011C | PORCH OPEN 1ST COMM | 20 SF | ✗ |
| 251 | BATHROOM | 3 SF | ✓ |
| 091 | HVAC COMMRCL TON | 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% | $19,602.03 | $19,602.03 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $11,102.24 | $11,102.24 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $8,145.53 | $8,145.53 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,508.32 | $2,508.32 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,190.72 | $2,190.72 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $43,548.84 | $43,548.84 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,990,517 | $2,757,418 | +8.5% |
| Assessed Value | $2,568,112 | $2,358,429 | +8.9% |
| Land Value | $2,371,843 | $2,371,843 | +0.0% |
| Improvement Value | $618,674 | $385,575 | +60.5% |
| Taxable Value | $2,370,098 | $2,167,259 | +9.4% |
| Exemptions | HS,OV65 | HS,OV65 | |
| HS Cap Loss | -$422,405 | — | |
| Total Tax 2026 = estimate |
~$48,504
Estimated
|
~$43,549
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $2,990,517 | $2,990,517 | +0 (+0.0%) |
| Taxable Value | $2,372,147 | $2,370,098 | -2,049 (-0.1%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,990,517 | $2,371,843 | $618,674 | −$422,405 | $2,568,112 | $2,370,098 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $2,757,418 | $2,371,843 | $385,575 | −$398,989 | $2,358,429 | $2,167,259 | ~$43,549 | Partial |
| 2024 | $2,468,412 | — | — | −$926,870 | $1,541,542 | $— | $41,700 | Verified |
| 2023 | $1,963,557 | — | — | −$422,015 | $1,541,542 | $— | $34,514 | Verified |
| 2022 | $1,919,582 | — | — | −$871,334 | $1,048,248 | $— | $30,524 | Verified |
| 2021 | $1,157,388 | — | — | −$109,182 | $1,048,206 | $— | $32,783 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +8.5% | +8.9% | 85.9% | Not available | Partial |
| 2025 | +1.0% | +2.1% | 85.5% | Not available | Partial |
| 2024 | +1.2% | +1.7% | 84.6% | 1.5300% | Verified |
| 2023 | +37.4% | +36.1% | 84.1% | 1.2800% | Verified |
| 2022 | +2.3% | +3.0% | 85.0% | 1.5500% | Verified |
| 2021 | base year | — | 84.4% | 2.8300% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +43.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +8.5% | +22.8% | +22.3% | +65.9% | 2022 | +2.3% | 2023 |
| Assessment Ratio | 85.9% | 76.3% | — | 90.6% | 2021 | 54.6% | 2022 |
| Effective Tax Rate (2025) | 1.5800% | 1.5800% | — | 1.5800% | 2025 | 1.5800% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$43,549 | $36,614 | ~$61,537 | $43,549 | 2025 | $30,524 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$3,425,772 | ~$2,594,272 | ~2.0139% | ~$52,247 | +24.2% |
| 2027 | ~$4,256,125 | ~$2,853,699 | ~1.9814% | ~$56,543 | +54.4% |
| 2028 | ~$5,287,743 | ~$3,139,069 | ~1.9488% | ~$61,175 | +91.8% |
| 2029 | ~$6,569,408 | ~$3,452,976 | ~1.9163% | ~$66,169 | +138.2% |
| 2030 | ~$8,161,729 | ~$3,798,273 | ~1.8837% | ~$71,550 | +196.0% |
| 2026 | ~$3,370,624 | ~$2,594,272 | ~2.0465% | ~$53,091 | +22.2% |
| 2027 | ~$4,120,198 | ~$2,853,699 | ~2.0465% | ~$58,401 | +49.4% |
| 2028 | ~$5,036,464 | ~$3,139,069 | ~2.0465% | ~$64,241 | +82.7% |
| 2029 | ~$6,156,494 | ~$3,452,976 | ~2.0465% | ~$70,665 | +123.3% |
| 2030 | ~$7,525,601 | ~$3,798,273 | ~2.0465% | ~$77,731 | +172.9% |
| 2026 | ~$3,480,921 | ~$2,594,272 | ~1.9977% | ~$51,825 | +26.2% |
| 2027 | ~$4,394,259 | ~$2,853,699 | ~1.9488% | ~$55,614 | +59.4% |
| 2028 | ~$5,547,243 | ~$3,139,069 | ~1.9000% | ~$59,643 | +101.2% |
| 2029 | ~$7,002,752 | ~$3,452,976 | ~1.8512% | ~$63,921 | +154.0% |
| 2030 | ~$8,840,164 | ~$3,798,273 | ~1.8024% | ~$68,459 | +220.6% |
In 2025, this property's market value of $2,757,418 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 5× 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 | $2,757,418 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $2,468,412 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $1,963,557 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $1,919,582 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $1,157,388 | $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.