2306 E 8 ST TX 78702
| Owner | BORDE CORINNE |
|---|---|
| Parcel ID | 0205101223 |
| Short ID | 193469 |
| Type | Real |
| Use Code | 05 Apartment 5–25 Units |
| Valuation | Income |
| Improvement SF | 6,577 SF |
| Land SF | 17,473 SF |
| Acres | 0.401 |
| Year Built | 1987 |
| Legal | LOT 12-14 BLK 24 GRANDVIEW PLACE |
| Neighborhood | 05EC |
| Land | $786,285 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $786,285 |
| Improvement | $397,575 |
|---|---|
| Total Improvement | $397,575 |
| Market | $1,183,860 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,183,860 |
| Value Limitation Adjustment (−) (homestead cap) | −$53,206 |
| Net Appraised (assessed) | $1,130,654 |
| Taxable Value | $1,130,654 |
|---|
Appreciation: Market value has risen +32.2% from $895,303 (2021) to $1,183,860 (2025), a CAGR of 7.2% 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 2.0465% in 2025 (+0.0647% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $23,139. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Assessment Gap: Assessed value ($1,130,654) is $53,206 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 66% of market value ($786,285 land vs $397,575 improvements), about $45/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $1,183,860, 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 +7.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,678,662 by 2030, with an estimated annual tax burden around $31,622. 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 |
|---|---|---|---|
| 551 | PAVED AREA | 6,225 SF | ✗ |
| 1ST | 1st Floor | 3,347 SF | ✓ |
| 2ND | 2nd Floor | 3,230 SF | ✓ |
| 541 | FENCE COMM LF | 410 SF | ✗ |
| 011C | PORCH OPEN 1ST COMM | 256 SF | ✗ |
| 012C | PORCH OPEN 2 COMM | 256 SF | ✗ |
| 132 | PLBG 5-FIXT AVG | 1 SF | ✓ |
| 242 | OBS OVEN/BURN | 1 SF | ✓ |
| 413 | STAIRWAY EXT | 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% | $10,460.81 | $10,460.81 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $5,924.82 | $5,924.82 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $4,249.51 | $4,249.51 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,334.43 | $1,334.43 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,169.10 | $1,169.10 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $23,138.67 | $23,138.67 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,315,400 | $1,183,860 | +11.1% |
| Assessed Value | $1,315,400 | $1,130,654 | +16.3% |
| Land Value | $786,285 | $786,285 | +0.0% |
| Improvement Value | $529,115 | $397,575 | +33.1% |
| Taxable Value | $1,315,400 | $1,130,654 | +16.3% |
| Total Tax 2026 = estimate |
~$26,919
Estimated
|
~$23,139
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,315,400 | $1,315,400 | +0 (+0.0%) |
| Taxable Value | $1,315,400 | $1,315,400 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,315,400 | $786,285 | $529,115 | — | $1,315,400 | $1,315,400 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,183,860 | $786,285 | $397,575 | −$53,206 | $1,130,654 | $1,130,654 | ~$23,139 | Partial |
| 2024 | $944,978 | — | — | −$158,693 | $786,285 | $— | not in county billing file ⓘ | Partial |
| 2023 | $908,691 | — | — | −$122,406 | $786,285 | $— | not in county billing file ⓘ | Partial |
| 2022 | $895,303 | — | — | −$109,018 | $786,285 | $— | not in county billing file ⓘ | Partial |
| 2021 | $895,303 | — | — | −$109,018 | $786,285 | $— | not in county billing file ⓘ | Partial |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +11.1% | +16.3% | ~100% | Not available | Partial |
| 2025 | +25.6% | +20.0% | 95.5% | Not available | Partial |
| 2024 | -0.3% | -0.3% | ~100% | Not available | Partial |
| 2023 | +4.0% | +4.0% | ~100% | Not available | Partial |
| 2022 | +1.5% | +1.5% | ~100% | Not available | Partial |
| 2021 | base year | — | ~100% | Not available | Partial |
| Cumulative market value growth (earliest valid year → 2025): +32.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +11.1% | +8.4% | +5.1% | +25.3% | 2025 | +0.0% | 2022 |
| Assessment Ratio | 100.0% | 90.1% | — | 100.0% | 2026 | 83.2% | 2024 |
| Effective Tax Rate (2025) | 1.9500% | 1.9500% | — | 1.9500% | 2025 | 1.9500% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$23,139 | $23,139 | ~$28,418 | $23,139 | 2025 | $23,139 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,269,501 | ~$1,243,719 | ~2.0139% | ~$25,048 | +7.2% |
| 2027 | ~$1,361,337 | ~$1,361,337 | ~1.9814% | ~$26,973 | +15.0% |
| 2028 | ~$1,459,816 | ~$1,459,816 | ~1.9488% | ~$28,449 | +23.3% |
| 2029 | ~$1,565,419 | ~$1,565,419 | ~1.9163% | ~$29,998 | +32.2% |
| 2030 | ~$1,678,662 | ~$1,678,662 | ~1.8837% | ~$31,622 | +41.8% |
| 2026 | ~$1,245,823 | ~$1,243,719 | ~2.0465% | ~$25,453 | +5.2% |
| 2027 | ~$1,311,030 | ~$1,311,030 | ~2.0465% | ~$26,830 | +10.7% |
| 2028 | ~$1,379,650 | ~$1,379,650 | ~2.0465% | ~$28,234 | +16.5% |
| 2029 | ~$1,451,861 | ~$1,451,861 | ~2.0465% | ~$29,712 | +22.6% |
| 2030 | ~$1,527,851 | ~$1,527,851 | ~2.0465% | ~$31,267 | +29.1% |
| 2026 | ~$1,293,178 | ~$1,243,719 | ~1.9977% | ~$24,845 | +9.2% |
| 2027 | ~$1,412,590 | ~$1,368,091 | ~1.9488% | ~$26,662 | +19.3% |
| 2028 | ~$1,543,029 | ~$1,504,900 | ~1.9000% | ~$28,593 | +30.3% |
| 2029 | ~$1,685,512 | ~$1,655,391 | ~1.8512% | ~$30,644 | +42.4% |
| 2030 | ~$1,841,153 | ~$1,820,930 | ~1.8024% | ~$32,820 | +55.5% |
In 2025, this property's market value of $1,183,860 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — +128% 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 | $1,183,860 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $944,978 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $908,691 | $503,905 | $617,035 | $919,932 | ↑ Above median | +0.9% |
| 2022 | $895,303 | $506,618 | $615,058 | $906,429 | ↑ Above median | +39.1% |
| 2021 | $895,303 | $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.