1157 SALINA ST TX 78702
| Owner | EC MARSHALL LLC |
|---|---|
| Parcel ID | 0208091712 |
| Short ID | 197431 |
| Type | Real |
| Use Code | 07 Apartment 50–100 Units |
| Valuation | Income |
| Improvement SF | 79,400 SF |
| Land SF | 186,916 SF |
| Acres | 4.291 |
| Year Built | 1968 |
| Legal | LOT 1 RESUB OF LOT 1-3&5-8 BLK 4 & LOT 1-4 BLK 5 OLT 56-57 DIV B JOHNS C R SUBD & LOT 3 RESUB OF PT OF BLK 8 & 9 OLT 56 DIV B ROBERTSON GEO L SUBD |
| Neighborhood | 08EC |
| Land | $9,719,630 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $9,719,630 |
| Improvement | $7,870,370 |
|---|---|
| Total Improvement | $7,870,370 |
| Market | $17,590,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $17,590,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $17,590,000 |
| Taxable Value | $17,590,000 |
|---|
Appreciation: Market value has risen +86.1% from $9,450,000 (2021) to $17,590,000 (2025), a CAGR of 16.8% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2022→2023), 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 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 $359,977. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
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 55% of market value ($9,719,630 land vs $7,870,370 improvements), about $52/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $17,590,000, 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 +16.8% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $38,243,566 by 2030, with an estimated annual tax burden around $533,643. 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.
21 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| SO | Sketch Only | 119,866 SF | ✗ |
| 551 | PAVED AREA | 58,300 SF | ✗ |
| 1ST | 1st Floor | 43,255 SF | ✓ |
| 2ND | 2nd Floor | 36,145 SF | ✓ |
| 571C | STORAGE DET COMM | 1,664 SF | ✓ |
| 011C | PORCH OPEN 1ST COMM | 1,484 SF | ✗ |
| 611 | TERRACE | 638 SF | ✗ |
| 012C | PORCH OPEN 2 COMM | 600 SF | ✗ |
| 074 | OBS HEAT CENTRAL | 150 SF | ✓ |
| 071 | OBS HEAT WALL | 80 SF | ✓ |
| MISC | Miscellaneous | 7 SF | ✓ |
| 132 | PLBG 5-FIXT AVG | 2 SF | ✓ |
| 182 | SINK AVG | 2 SF | ✓ |
| 269 | OBS RANGE DRP-IN | 2 SF | ✓ |
| 531 | OBS FENCE | 2 SF | ✗ |
| 152 | COMMODE AVG | 1 SF | ✓ |
| 162 | LAVATORY AVG | 1 SF | ✓ |
| 222 | FOUNTAIN WTR AVG | 1 SF | ✓ |
| 299 | ALL FLAT VALUE | 1 SF | ✓ |
| 413 | STAIRWAY EXT | 1 SF | ✓ |
| 303 | STAIRWAYS FV | 1 SF | ✓ |
Market value changed by 76% 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% | $156,358.80 | $156,358.80 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $88,558.87 | $88,558.87 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $63,517.81 | $63,517.81 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $19,945.89 | $19,945.89 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $17,474.60 | $17,474.60 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $345,855.97 | $345,855.97 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $19,740,396 | $17,590,000 | +12.2% |
| Assessed Value | $19,740,396 | $17,590,000 | +12.2% |
| Land Value | $9,719,630 | $9,719,630 | +0.0% |
| Improvement Value | $10,020,766 | $7,870,370 | +27.3% |
| Taxable Value | $19,740,396 | $17,590,000 | +12.2% |
| Total Tax 2026 = estimate |
~$403,984
Estimated
|
~$345,856
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $22,667,165 | $19,740,396 | -2,926,769 (-12.9%) |
| Taxable Value | $22,667,165 | $19,740,396 | -2,926,769 (-12.9%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $19,740,396 | $9,719,630 | $10,020,766 | — | $19,740,396 | $19,740,396 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $17,590,000 | $9,719,630 | $7,870,370 | — | $17,590,000 | $17,590,000 | ~$345,856 | Partial |
| 2024 | $18,500,000 | — | — | −$8,780,370 | $9,719,630 | $— | $355,859 | Verified |
| 2023 | $16,630,000 | — | — | −$6,910,370 | $9,719,630 | $— | $336,268 | Verified |
| 2022 | $9,470,000 | — | — | — | $9,719,630 ! | $— | $328,430 | Verified |
| 2021 | $9,450,000 | — | — | −$121,680 | $9,328,320 | $— | $206,132 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +28.9% | +28.9% | ~100% | Not available | Partial |
| 2025 | -7.4% | -7.4% | ~100% | Not available | Partial |
| 2024 | -5.4% | -5.4% | ~100% | 1.8700% | Verified |
| 2023 | +20.7% | +20.7% | ~100% | 1.6700% | Verified |
| 2022 | +75.6% ! | +75.6% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +85.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +12.2% | +18.9% | +14.3% | +75.6% | 2023 | -4.9% | 2025 |
| Assessment Ratio | 100.0% | 85.4% | — | 102.6% | 2022 | 52.5% | 2024 |
| Effective Tax Rate (2025) | 1.9700% | 1.9700% | — | 1.9700% | 2025 | 1.9700% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$345,856 | $314,509 | ~$458,963 | $355,859 | 2024 | $206,132 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$20,545,861 | ~$19,349,000 | ~2.0139% | ~$389,677 | +16.8% |
| 2027 | ~$23,998,431 | ~$21,283,900 | ~1.9814% | ~$421,717 | +36.4% |
| 2028 | ~$28,031,179 | ~$23,412,290 | ~1.9488% | ~$456,268 | +59.4% |
| 2029 | ~$32,741,598 | ~$25,753,519 | ~1.9163% | ~$493,512 | +86.1% |
| 2030 | ~$38,243,566 | ~$28,328,871 | ~1.8837% | ~$533,643 | +117.4% |
| 2026 | ~$20,194,061 | ~$19,349,000 | ~2.0465% | ~$395,974 | +14.8% |
| 2027 | ~$23,183,633 | ~$21,283,900 | ~2.0465% | ~$435,572 | +31.8% |
| 2028 | ~$26,615,787 | ~$23,412,290 | ~2.0465% | ~$479,129 | +51.3% |
| 2029 | ~$30,556,045 | ~$25,753,519 | ~2.0465% | ~$527,042 | +73.7% |
| 2030 | ~$35,079,627 | ~$28,328,871 | ~2.0465% | ~$579,746 | +99.4% |
| 2026 | ~$20,897,661 | ~$19,349,000 | ~1.9977% | ~$386,528 | +18.8% |
| 2027 | ~$24,827,302 | ~$21,283,900 | ~1.9488% | ~$414,789 | +41.1% |
| 2028 | ~$29,495,881 | ~$23,412,290 | ~1.9000% | ~$444,837 | +67.7% |
| 2029 | ~$35,042,349 | ~$25,753,519 | ~1.8512% | ~$476,748 | +99.2% |
| 2030 | ~$41,631,787 | ~$28,328,871 | ~1.8024% | ~$510,591 | +136.7% |
In 2025, this property's market value of $17,590,000 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 34× 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 | $17,590,000 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $18,500,000 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $16,630,000 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $9,470,000 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $9,450,000 | $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.