3312 OAK SPRINGS DR B AUSTIN, TX 78721
| Owner | 2016 ROUND OAK TREE LP |
|---|---|
| Parcel ID | 0209160425 |
| Short ID | 199034 |
| Type | Real |
| Use Code | 02 Duplex |
| Valuation | Cost |
| Improvement SF | 1,568 SF |
| Land SF | 86,750 SF |
| Acres | 1.992 |
| Year Built | 1935 |
| Legal | LOT 1 OLT 16 DIV B FISHER WILLIE SUBD |
| Neighborhood | E4005 |
| Land | $3,424,370 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $3,424,370 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $3,424,370 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $3,424,370 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $3,424,370 |
| Taxable Value | $3,424,370 |
|---|
Appreciation: Market value has risen +450.9% from $621,600 (2021) to $3,424,370 (2025), a CAGR of 53.2% over 4 years. This is strong appreciation — well above typical inflation. 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 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 $70,079. 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 cost approach, tied more to replacement cost and physical condition than to income performance.
Value Composition: Land carries 100% of market value ($3,424,370 land vs $0 improvements), about $39/SF of land. With value concentrated in the land under a ~91-year-old structure, this reads as a land-dominated asset — the classic higher-and-best-use / redevelopment signal. Underwrite the dirt, not the building.
Submarket Position: At $3,424,370, 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 +53.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $28,901,327 by 2030, with an estimated annual tax burden around $103,888. 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.
4 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 1,568 SF | ✓ |
| 051 | CARPORT DET 1ST | 483 SF | ✗ |
| 011 | PORCH OPEN 1ST F | 60 SF | ✗ |
| 251 | BATHROOM | 3 SF | ✓ |
Market value changed by 245% in 2023, 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% | $31,682.27 | $31,682.27 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $17,944.28 | $17,944.28 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $12,870.32 | $12,870.32 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $4,041.54 | $4,041.54 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $3,540.80 | $3,540.80 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $70,079.21 | $70,079.21 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $3,424,370 | $3,424,370 | +0.0% |
| Assessed Value | $3,424,370 | $3,424,370 | +0.0% |
| Land Value | $3,424,370 | $3,424,370 | +0.0% |
| Improvement Value | — | — | — |
| Taxable Value | $3,424,370 | $3,424,370 | +0.0% |
| Total Tax 2026 = estimate |
~$70,079
Estimated
|
~$70,079
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $3,424,370 | $3,424,370 | +0 (+0.0%) |
| Taxable Value | $3,424,370 | $3,424,370 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $3,424,370 | $3,424,370 | — | — | $3,424,370 | $3,424,370 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $3,424,370 | $3,424,370 | — | — | $3,424,370 | $3,424,370 | ~$70,079 | Partial |
| 2024 | $3,318,000 | — | — | — | $3,424,370 ! | $— | $69,481 | Verified |
| 2023 | $961,046 | — | — | — | $3,318,000 ! | $— | $55,774 | Verified |
| 2022 | $607,995 | — | — | — | $810,000 ! | $— | $18,980 | Verified |
| 2021 | $621,600 | — | — | −$149,100 | $472,500 | $— | $13,234 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2025 | -2.3% | -2.3% | ~100% | Not available | Partial |
| 2024 | +5.7% | +5.7% | ~100% | 1.9800% | Verified |
| 2023 | +245.2% ! | +245.2% | ~100% | 1.6800% | Verified |
| 2022 | +58.1% | +58.1% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1300% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +463.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +60.9% | +53.2% | +245.2% | 2024 | -2.2% | 2022 |
| Assessment Ratio | 100.0% | 142.9% | — | 345.2% | 2023 | 76.0% | 2021 |
| 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 |
$70,079 | $45,510 | ~$89,350 | $70,079 | 2025 | $13,234 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$5,246,239 | ~$3,766,807 | ~2.0139% | ~$75,861 | +53.2% |
| 2027 | ~$8,037,399 | ~$4,143,488 | ~1.9814% | ~$82,099 | +134.7% |
| 2028 | ~$12,313,540 | ~$4,557,836 | ~1.9488% | ~$88,825 | +259.6% |
| 2029 | ~$18,864,720 | ~$5,013,620 | ~1.9163% | ~$96,076 | +450.9% |
| 2030 | ~$28,901,327 | ~$5,514,982 | ~1.8837% | ~$103,888 | +744.0% |
| 2026 | ~$5,177,752 | ~$3,766,807 | ~2.0465% | ~$77,087 | +51.2% |
| 2027 | ~$7,828,919 | ~$4,143,488 | ~2.0465% | ~$84,796 | +128.6% |
| 2028 | ~$11,837,565 | ~$4,557,836 | ~2.0465% | ~$93,275 | +245.7% |
| 2029 | ~$17,898,759 | ~$5,013,620 | ~2.0465% | ~$102,603 | +422.7% |
| 2030 | ~$27,063,470 | ~$5,514,982 | ~2.0465% | ~$112,863 | +690.3% |
| 2026 | ~$5,314,727 | ~$3,766,807 | ~1.9977% | ~$75,248 | +55.2% |
| 2027 | ~$8,248,618 | ~$4,143,488 | ~1.9488% | ~$80,750 | +140.9% |
| 2028 | ~$12,802,107 | ~$4,557,836 | ~1.9000% | ~$86,600 | +273.9% |
| 2029 | ~$19,869,261 | ~$5,013,620 | ~1.8512% | ~$92,812 | +480.2% |
| 2030 | ~$30,837,700 | ~$5,514,982 | ~1.8024% | ~$99,400 | +800.5% |
In 2025, this property's market value of $3,424,370 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 7× 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 | $3,424,370 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $3,318,000 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $961,046 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $607,995 | $506,618 | $615,058 | $906,429 | ↓ Below median | +39.1% |
| 2021 | $621,600 | $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.