1009 E 16 ST TX 78702
| Owner | STERZING PHIL TRUSTEE |
|---|---|
| Parcel ID | 0209061005 |
| Short ID | 198366 |
| Type | Real |
| Use Code | 05 Apartment 5–25 Units |
| Valuation | Income |
| Improvement SF | 3,819 SF |
| Land SF | 6,128 SF |
| Acres | 0.141 |
| Year Built | 1985 |
| Legal | W 47.5FT OF LOT 5 BLK B OLT 42 DIV B RECTORS SUBD |
| Neighborhood | 05EC1 |
| Land | $490,240 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $490,240 |
| Improvement | $359,760 |
|---|---|
| Total Improvement | $359,760 |
| Market | $850,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $850,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $850,000 |
| Taxable Value | $850,000 |
|---|
Appreciation: Market value has risen +20.3% from $706,515 (2021) to $850,000 (2025), a CAGR of 4.7% over 4 years. This represents moderate, steady growth. 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 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 $17,395. 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 58% of market value ($490,240 land vs $359,760 improvements), about $80/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $850,000, 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 +4.7% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,071,003 by 2030, with an estimated annual tax burden around $20,175. 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.
15 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 2,815 SF | ✗ |
| 1ST | 1st Floor | 1,281 SF | ✓ |
| 3RD | 3rd Floor | 1,281 SF | ✓ |
| 2ND | 2nd Floor | 1,257 SF | ✓ |
| 012C | PORCH OPEN 2 COMM | 398 SF | ✗ |
| 011C | PORCH OPEN 1ST COMM | 350 SF | ✗ |
| 013C | PORCH OPEN 3 COMM | 350 SF | ✗ |
| 511 | DECK | 48 SF | ✗ |
| 541 | FENCE COMM LF | 45 SF | ✗ |
| 581C | STORAGE ATT COMM | 24 SF | ✓ |
| 132 | PLBG 5-FIXT AVG | 1 SF | ✓ |
| 152 | COMMODE AVG | 1 SF | ✓ |
| 162 | LAVATORY 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% | $7,864.20 | $7,864.20 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $4,454.14 | $4,454.14 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,194.68 | $3,194.68 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,003.20 | $1,003.20 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $878.90 | $878.90 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $17,395.12 | $17,395.12 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $830,000 | $850,000 | -2.4% |
| Assessed Value | $830,000 | $850,000 | -2.4% |
| Land Value | $490,240 | $490,240 | +0.0% |
| Improvement Value | $339,760 | $359,760 | -5.6% |
| Taxable Value | $830,000 | $850,000 | -2.4% |
| Total Tax 2026 = estimate |
~$16,986
Estimated
|
~$17,395
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $830,000 | $830,000 | +0 (+0.0%) |
| Taxable Value | $830,000 | $830,000 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $830,000 | $490,240 | $339,760 | — | $830,000 | $830,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $850,000 | $490,240 | $359,760 | — | $850,000 | $850,000 | ~$17,395 | Partial |
| 2024 | $840,180 | — | — | −$349,940 | $490,240 | $— | $17,029 | Verified |
| 2023 | $763,800 | — | — | −$273,560 | $490,240 | $— | $15,201 | Verified |
| 2022 | $706,515 | — | — | −$216,275 | $490,240 | $— | $15,084 | Verified |
| 2021 | $706,515 | — | — | −$216,275 | $490,240 | $— | $15,379 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -2.4% | -2.4% | ~100% | Not available | Partial |
| 2025 | -1.1% | -1.1% | ~100% | Not available | Partial |
| 2024 | +2.3% | +2.3% | ~100% | 1.9800% | Verified |
| 2023 | +10.0% | +10.0% | ~100% | 1.8100% | Verified |
| 2022 | +8.1% | +8.1% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +20.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -2.4% | +3.4% | +5.2% | +10.0% | 2024 | -2.4% | 2026 |
| Assessment Ratio | 100.0% | 76.9% | — | 100.0% | 2025 | 58.3% | 2024 |
| Effective Tax Rate (2025) | 2.0500% | 2.0500% | — | 2.0500% | 2025 | 2.0500% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$17,395 | $16,018 | ~$19,040 | $17,395 | 2025 | $15,084 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$890,212 | ~$890,212 | ~2.0139% | ~$17,928 | +4.7% |
| 2027 | ~$932,326 | ~$932,326 | ~1.9814% | ~$18,473 | +9.7% |
| 2028 | ~$976,432 | ~$976,432 | ~1.9488% | ~$19,029 | +14.9% |
| 2029 | ~$1,022,625 | ~$1,022,625 | ~1.9163% | ~$19,596 | +20.3% |
| 2030 | ~$1,071,003 | ~$1,071,003 | ~1.8837% | ~$20,175 | +26.0% |
| 2026 | ~$873,212 | ~$873,212 | ~2.0465% | ~$17,870 | +2.7% |
| 2027 | ~$897,057 | ~$897,057 | ~2.0465% | ~$18,358 | +5.5% |
| 2028 | ~$921,554 | ~$921,554 | ~2.0465% | ~$18,859 | +8.4% |
| 2029 | ~$946,720 | ~$946,720 | ~2.0465% | ~$19,374 | +11.4% |
| 2030 | ~$972,573 | ~$972,573 | ~2.0465% | ~$19,904 | +14.4% |
| 2026 | ~$907,212 | ~$907,212 | ~1.9977% | ~$18,123 | +6.7% |
| 2027 | ~$968,274 | ~$968,274 | ~1.9488% | ~$18,870 | +13.9% |
| 2028 | ~$1,033,447 | ~$1,033,447 | ~1.9000% | ~$19,636 | +21.6% |
| 2029 | ~$1,103,006 | ~$1,103,006 | ~1.8512% | ~$20,419 | +29.8% |
| 2030 | ~$1,177,247 | ~$1,177,247 | ~1.8024% | ~$21,218 | +38.5% |
In 2025, this property's market value of $850,000 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — +64% 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 | $850,000 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $840,180 | $467,458 | $564,615 | $848,565 | ↑ Above median | -6.3% |
| 2023 | $763,800 | $503,905 | $617,035 | $919,932 | ↑ Above median | +0.9% |
| 2022 | $706,515 | $506,618 | $615,058 | $906,429 | ↑ Above median | +39.1% |
| 2021 | $706,515 | $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.