3608 MUNSON ST TX 78721
| Owner | VALDEZ STEVE B III |
|---|---|
| Parcel ID | 0207170337 |
| Short ID | 196172 |
| Type | Real |
| Use Code | 01 Single-Family Residence |
| Valuation | Cost |
| Improvement SF | 1,924 SF |
| Land SF | 10,719 SF |
| Acres | 0.246 |
| Year Built | 1935 |
| Legal | LOT 8B RESUB OF LOTS 7-8 BLK B OLT 57 DIV A EASTOVER |
| Neighborhood | E4000 |
| Land | $283,498 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $283,498 |
| Improvement | $151,813 |
|---|---|
| Total Improvement | $151,813 |
| Market | $435,311 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $435,311 |
| Value Limitation Adjustment (−) (homestead cap) | −$105,311 |
| Net Appraised (assessed) | $330,000 |
| Taxable Value | $330,000 |
|---|
| Total Due | $7,766.41 |
|---|---|
| First Delinquent | — |
Appreciation: Market value has risen +126.1% from $192,500 (2021) to $435,311 (2025), a CAGR of 22.6% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2021→2025), 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 lagged 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 $6,753. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Assessment Gap: Assessed value ($330,000) is $105,311 below market value, suggesting potential for an upward assessment in future years.
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 65% of market value ($283,498 land vs $151,813 improvements), about $26/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $435,311, 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 +22.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,207,149 by 2030, with an estimated annual tax burden around $22,740. Estimated Forward figures are model projections, not certified — see the 6-Year Projection section for the low/base/high bands.
Delinquent Taxes: $7,766.41 in unpaid taxes . These become a lien on the property and transfer to the buyer at closing unless negotiated otherwise.
5 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 1,924 SF | ✓ |
| 095 | HVAC RESIDENTIAL | 1,924 SF | ✗ |
| 011 | PORCH OPEN 1ST F | 226 SF | ✗ |
| 571 | STORAGE DET | 100 SF | ✓ |
| 251 | BATHROOM | 2 SF | ✓ |
| Entity | 2024 Rate | 2025 Rate | Rate Effect |
|---|---|---|---|
| City of Austin | 0.4776% | 0.5240% | +153 |
| Travis County | 0.3444% | 0.3758% | +104 |
| Austin ISD | 0.9505% | 0.9252% | -83 |
| Travis Central Health | 0.1080% | 0.1180% | +33 |
| Austin Community College | 0.1013% | 0.1034% | +7 |
This parcel has unpaid taxes on record. Delinquent taxes are a lien on the property and transfer to the buyer at closing unless negotiated otherwise.
| 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% | $3,053.16 | $— | $3,053.16 |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $1,729.26 | $— | $1,729.26 |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,240.29 | $— | $1,240.29 |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $389.48 | $— | $389.48 |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $341.22 | $— | $341.22 |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $6,753.41 | $0.00 | $6,753.41 |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $466,286 | $435,311 | +7.1% |
| Assessed Value | $437,522 | $330,000 | +32.6% |
| Land Value | $226,798 | $283,498 | -20.0% |
| Improvement Value | $239,488 | $151,813 | +57.8% |
| Taxable Value | $437,522 | $330,000 | +32.6% |
| HS Cap Loss | -$28,764 | — | |
| Total Tax 2026 = estimate |
~$8,954
Estimated
|
$6,753 | ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $547,412 | $466,286 | -81,126 (-14.8%) |
| Taxable Value | $451,587 | $437,522 | -14,065 (-3.1%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $466,286 | $226,798 | $239,488 | −$28,764 | $437,522 | $437,522 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $435,311 | $283,498 | $151,813 | −$105,311 | $330,000 | $330,000 | $6,753 | Verified |
| 2024 | $— | — | — | — | $275,000 | $— | $5,450 | Verified |
| 2023 | $— | — | — | — | $281,000 | $— | $5,084 | Verified |
| 2022 | $— | — | — | — | $281,000 | $— | $5,550 | Verified |
| 2021 | $192,500 | — | — | — | $192,500 | $— | $4,190 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +25.8% | +36.8% | 82.5% | Not available | Partial |
| 2025 | +58.3% | +20.0% | 75.8% | 1.5500% | Verified |
| 2024 | -2.1% | -2.1% | ~100% | 1.9800% | Verified |
| 2023 | +0.0% | +0.0% | ~100% | 1.8100% | Verified |
| 2022 | +46.0% | +46.0% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +126.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +7.1% | +66.6% | +21.0% | +126.1% | 2025 | +7.1% | 2026 |
| Assessment Ratio | 93.8% | 89.9% | — | 100.0% | 2021 | 75.8% | 2025 |
| Effective Tax Rate (2025) | 1.5500% | 1.5500% | — | 1.5500% | 2025 | 1.5500% | 2025 |
| Tax Amount | $6,753 | $5,472 | ~$16,194 | $6,753 | 2025 | $4,190 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$533,816 | ~$533,816 | ~2.0139% | ~$10,751 | +22.6% |
| 2027 | ~$654,612 | ~$654,612 | ~1.9814% | ~$12,970 | +50.4% |
| 2028 | ~$802,743 | ~$802,743 | ~1.9488% | ~$15,644 | +84.4% |
| 2029 | ~$984,393 | ~$984,393 | ~1.9163% | ~$18,864 | +126.1% |
| 2030 | ~$1,207,149 | ~$1,207,149 | ~1.8837% | ~$22,740 | +177.3% |
| 2026 | ~$525,110 | ~$525,110 | ~2.0465% | ~$10,746 | +20.6% |
| 2027 | ~$633,434 | ~$633,434 | ~2.0465% | ~$12,963 | +45.5% |
| 2028 | ~$764,103 | ~$764,103 | ~2.0465% | ~$15,637 | +75.5% |
| 2029 | ~$921,728 | ~$921,728 | ~2.0465% | ~$18,863 | +111.7% |
| 2030 | ~$1,111,868 | ~$1,111,868 | ~2.0465% | ~$22,754 | +155.4% |
| 2026 | ~$542,523 | ~$542,523 | ~1.9977% | ~$10,838 | +24.6% |
| 2027 | ~$676,139 | ~$676,139 | ~1.9488% | ~$13,177 | +55.3% |
| 2028 | ~$842,663 | ~$842,663 | ~1.9000% | ~$16,011 | +93.6% |
| 2029 | ~$1,050,201 | ~$1,050,201 | ~1.8512% | ~$19,441 | +141.3% |
| 2030 | ~$1,308,852 | ~$1,308,852 | ~1.8024% | ~$23,590 | +200.7% |
In 2025, this property's market value of $435,311 places it in the top 25% for Land/Vacant properties in Travis County (35611 comparable) — 5× 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 | $435,311 | $24,862 | $85,028 | $363,420 | ↑ Top 25% | +2.1% |
| 2024 | — | $23,000 | $66,000 | $330,000 | — | +0.0% |
| 2023 | — | $25,000 | $71,500 | $271,439 | — | +0.0% |
| 2022 | — | $15,000 | $55,000 | $180,463 | — | +100.0% |
| 2021 | $192,500 | $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.