1130 NORTHWESTERN AVE TX 78702
| Owner | CHEN WENKAI & BENJAMIN BERRY |
|---|---|
| Parcel ID | 0206100211 |
| Short ID | 194984 |
| Type | Real |
| Use Code | 02 Duplex |
| Valuation | Cost |
| Improvement SF | 5,288 SF |
| Land SF | 15,072 SF |
| Acres | 0.346 |
| Year Built | 2021 |
| Legal | 70 X 221FT OLT 62 DIV B JONES M L |
| Neighborhood | E2000 |
| Land | $190,701 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $190,701 |
| Improvement | $1,390,113 |
|---|---|
| Total Improvement | $1,390,113 |
| Market | $1,580,814 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,580,814 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,580,814 |
| Exemptions (−) (HS) | −$158,082 |
|---|---|
| Taxable Value | $1,422,732 |
Appreciation: Market value has risen +508.0% from $260,000 (2021) to $1,580,814 (2025), a CAGR of 57.0% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2021→2023), not a steady climb — worth checking what drove that reappraisal rather than assuming a smooth trend. Over the same span, the median Land/Vacant parcel countywide rose +487.2%, so this parcel has outpaced the broader land/vacant 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 $29,116. Austin ISD is the largest single contributor, at 46.5% of the total 2025 levy.
Asset Class: Land / Vacant. This is valued using the cost approach, tied more to replacement cost and physical condition than to income performance.
Value Composition: Land carries 12% of market value ($190,701 land vs $1,390,113 improvements), about $13/SF of land. Most value sits in the improvements, so building condition, age (~5 yrs), and rent roll drive the underwriting.
Submarket Position: At $1,580,814, this parcel sits in the top quartile (≥75th percentile) of Land/Vacant property in Travis County — county median $85,028 (P25 $24,862 / P75 $363,420, n=35,611). Land/Vacant here is the broad TCAD category — every land/vacant 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 +57.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $15,092,635 by 2030, with an estimated annual tax burden around $47,959. 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.
7 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 095 | HVAC RESIDENTIAL | 5,288 SF | ✗ |
| 1ST | 1st Floor | 2,336 SF | ✓ |
| 2ND | 2nd Floor | 2,224 SF | ✓ |
| 3RD | 3rd Floor | 728 SF | ✓ |
| 013 | PORCH OPEN 3RD F | 704 SF | ✗ |
| 251 | BATHROOM | 10 SF | ✓ |
| 252 | BEDROOMS | 6 SF | ✓ |
Market value changed by 398% in 2022, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| 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% | $13,978.05 | $13,978.05 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $7,455.36 | $7,455.36 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $5,347.27 | $5,347.27 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,679.15 | $1,679.15 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,626.39 | $1,626.39 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $30,086.22 | $30,086.22 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,396,333 | $1,580,814 | -11.7% |
| Assessed Value | $1,396,333 | $1,580,814 | -11.7% |
| Land Value | $269,584 | $190,701 | +41.4% |
| Improvement Value | $1,126,749 | $1,390,113 | -18.9% |
| Taxable Value | $1,256,699 | $1,422,732 | -11.7% |
| Exemptions | HS | HS | |
| Total Tax 2026 = estimate |
~$25,718
Estimated
|
~$30,086
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,580,814 | $1,396,333 | -184,481 (-11.7%) |
| Taxable Value | $1,422,732 | $1,256,699 | -166,033 (-11.7%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,396,333 | $269,584 | $1,126,749 | — | $1,396,333 | $1,256,699 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,580,814 | $190,701 | $1,390,113 | — | $1,580,814 | $1,422,732 | ~$30,086 | Partial |
| 2024 | $1,864,037 | — | — | −$1,601,537 | $262,500 | $— | $29,375 | Verified |
| 2023 | $1,293,567 | — | — | −$1,020,567 | $273,000 | $— | $31,700 | Verified |
| 2022 | $— | — | — | — | $273,000 | $— | $25,547 | Verified |
| 2021 | $260,000 | — | — | — | $260,000 | $— | $5,659 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2025 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2024 | -20.3% | -20.3% | ~100% | 1.8600% | Verified |
| 2023 | +53.3% | +53.3% | ~100% | 1.6000% | Verified |
| 2022 | +397.5% ! | +397.5% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +508.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -11.7% | +103.7% | +61.2% | +397.5% | 2023 | -15.2% | 2025 |
| Assessment Ratio | 100.0% | 67.0% | — | 100.0% | 2021 | 14.1% | 2024 |
| Effective Tax Rate (2025) | 1.9000% | 1.9000% | — | 1.9000% | 2025 | 1.9000% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$30,086 | $24,205 | ~$41,247 | $31,700 | 2023 | $5,659 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,482,319 | ~$1,738,895 | ~2.0139% | ~$35,020 | +57.0% |
| 2027 | ~$3,897,934 | ~$1,912,785 | ~1.9814% | ~$37,900 | +146.6% |
| 2028 | ~$6,120,844 | ~$2,104,063 | ~1.9488% | ~$41,005 | +287.2% |
| 2029 | ~$9,611,434 | ~$2,314,470 | ~1.9163% | ~$44,352 | +508.0% |
| 2030 | ~$15,092,635 | ~$2,545,917 | ~1.8837% | ~$47,959 | +854.7% |
| 2026 | ~$2,450,703 | ~$1,738,895 | ~2.0465% | ~$35,586 | +55.0% |
| 2027 | ~$3,799,274 | ~$1,912,785 | ~2.0465% | ~$39,145 | +140.3% |
| 2028 | ~$5,889,935 | ~$2,104,063 | ~2.0465% | ~$43,059 | +272.6% |
| 2029 | ~$9,131,043 | ~$2,314,470 | ~2.0465% | ~$47,365 | +477.6% |
| 2030 | ~$14,155,665 | ~$2,545,917 | ~2.0465% | ~$52,102 | +795.5% |
| 2026 | ~$2,513,935 | ~$1,738,895 | ~1.9977% | ~$34,737 | +59.0% |
| 2027 | ~$3,997,859 | ~$1,912,785 | ~1.9488% | ~$37,277 | +152.9% |
| 2028 | ~$6,357,712 | ~$2,104,063 | ~1.9000% | ~$39,978 | +302.2% |
| 2029 | ~$10,110,537 | ~$2,314,470 | ~1.8512% | ~$42,845 | +539.6% |
| 2030 | ~$16,078,575 | ~$2,545,917 | ~1.8024% | ~$45,887 | +917.1% |
In 2025, this property's market value of $1,580,814 places it in the top 25% for Land/Vacant properties in Travis County (35611 comparable) — 19× the county median of $85,028. Land/Vacant here is the broad TCAD category — every land/vacant 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 | $1,580,814 | $24,862 | $85,028 | $363,420 | ↑ Top 25% | +2.1% |
| 2024 | $1,864,037 | $23,000 | $66,000 | $330,000 | ↑ Top 25% | +0.0% |
| 2023 | $1,293,567 | $25,000 | $71,500 | $271,439 | ↑ Top 25% | +0.0% |
| 2022 | — | $15,000 | $55,000 | $180,463 | — | +100.0% |
| 2021 | $260,000 | $6,000 | $14,480 | $80,000 | ↑ 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.