1002 E 15 ST TX 78702
| Owner | SHAMS LEYLA & |
|---|---|
| Parcel ID | 0209061011 |
| Short ID | 198372 |
| Type | Real |
| Use Code | 03 Triplex |
| Valuation | Income |
| Improvement SF | 2,956 SF |
| Land SF | 8,493 SF |
| Acres | 0.195 |
| Year Built | 1910 |
| Legal | LOT 11 BLK B OLT 42 DIV B RECTORS SUBD |
| Neighborhood | E2005 |
| Land | $306,163 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $306,163 |
| Improvement | $463,054 |
|---|---|
| Total Improvement | $463,054 |
| Market | $769,217 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $769,217 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $769,217 |
| Taxable Value | $769,217 |
|---|
Appreciation: Market value has risen +35.8% from $566,283 (2021) to $769,217 (2025), a CAGR of 8.0% over 4 years. This represents moderate, steady growth. Most of this growth came in a single year (2023→2024), 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 $15,742. 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 40% of market value ($306,163 land vs $463,054 improvements), about $36/SF of land. Most value sits in the improvements, so building condition, age (~116 yrs), and rent roll drive the underwriting.
Submarket Position: At $769,217, 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 +8.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,128,023 by 2030, with an estimated annual tax burden around $21,249. 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 |
|---|---|---|---|
| 1ST | 1st Floor | 2,226 SF | ✓ |
| 2ND | 2nd Floor | 730 SF | ✓ |
| 011 | PORCH OPEN 1ST F | 232 SF | ✗ |
| 512 | DECK UNCOVRED | 128 SF | ✗ |
| 252 | BEDROOMS | 5 SF | ✓ |
| 251 | BATHROOM | 4 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% | $7,116.80 | $7,116.80 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $4,030.83 | $4,030.83 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,891.06 | $2,891.06 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $907.85 | $907.85 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $795.37 | $795.37 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $15,741.91 | $15,741.91 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $769,217 | $769,217 | +0.0% |
| Assessed Value | $769,217 | $769,217 | +0.0% |
| Land Value | $306,163 | $306,163 | +0.0% |
| Improvement Value | $463,054 | $463,054 | +0.0% |
| Taxable Value | $769,217 | $769,217 | +0.0% |
| Total Tax 2026 = estimate |
~$15,742
Estimated
|
~$15,742
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $769,217 | $769,217 | +0 (+0.0%) |
| Taxable Value | $769,217 | $769,217 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $769,217 | $306,163 | $463,054 | — | $769,217 | $769,217 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $769,217 | $306,163 | $463,054 | — | $769,217 | $769,217 | ~$15,742 | Partial |
| 2024 | $933,145 | — | — | −$483,145 | $450,000 | $— | $15,402 | Verified |
| 2023 | $677,329 | — | — | −$227,329 | $450,000 | $— | $16,883 | Verified |
| 2022 | $665,400 | — | — | −$215,400 | $450,000 | $— | $13,377 | Verified |
| 2021 | $566,283 | — | — | −$266,283 | $300,000 | $— | $14,484 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2025 | -1.0% | -1.0% | ~100% | Not available | Partial |
| 2024 | -16.7% | -16.7% | ~100% | 1.9800% | Verified |
| 2023 | +37.8% | +37.8% | ~100% | 1.8100% | Verified |
| 2022 | +0.1% | +0.1% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.5600% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +13.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +7.9% | +8.0% | +37.8% | 2024 | -17.6% | 2025 |
| Assessment Ratio | 100.0% | 72.5% | — | 100.0% | 2025 | 48.2% | 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 |
$15,742 | $15,177 | ~$18,924 | $16,883 | 2023 | $13,377 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$830,429 | ~$830,429 | ~2.0139% | ~$16,724 | +8.0% |
| 2027 | ~$896,513 | ~$896,513 | ~1.9814% | ~$17,763 | +16.5% |
| 2028 | ~$967,855 | ~$967,855 | ~1.9488% | ~$18,862 | +25.8% |
| 2029 | ~$1,044,875 | ~$1,044,875 | ~1.9163% | ~$20,023 | +35.8% |
| 2030 | ~$1,128,023 | ~$1,128,023 | ~1.8837% | ~$21,249 | +46.6% |
| 2026 | ~$815,045 | ~$815,045 | ~2.0465% | ~$16,680 | +6.0% |
| 2027 | ~$863,603 | ~$863,603 | ~2.0465% | ~$17,674 | +12.3% |
| 2028 | ~$915,055 | ~$915,055 | ~2.0465% | ~$18,726 | +19.0% |
| 2029 | ~$969,571 | ~$969,571 | ~2.0465% | ~$19,842 | +26.0% |
| 2030 | ~$1,027,336 | ~$1,027,336 | ~2.0465% | ~$21,024 | +33.6% |
| 2026 | ~$845,814 | ~$845,814 | ~1.9977% | ~$16,897 | +10.0% |
| 2027 | ~$930,038 | ~$930,038 | ~1.9488% | ~$18,125 | +20.9% |
| 2028 | ~$1,022,649 | ~$1,022,649 | ~1.9000% | ~$19,431 | +32.9% |
| 2029 | ~$1,124,481 | ~$1,124,481 | ~1.8512% | ~$20,816 | +46.2% |
| 2030 | ~$1,236,455 | ~$1,236,455 | ~1.8024% | ~$22,286 | +60.7% |
In 2025, this property's market value of $769,217 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — +48% 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 | $769,217 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $933,145 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $677,329 | $503,905 | $617,035 | $919,932 | ↑ Above median | +0.9% |
| 2022 | $665,400 | $506,618 | $615,058 | $906,429 | ↑ Above median | +39.1% |
| 2021 | $566,283 | $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.