909 W 23 ST TX 78705
| Owner | OSBORNE MICHAEL J TRUSTEE |
|---|---|
| Parcel ID | 0212010103 |
| Short ID | 203396 |
| Type | Real |
| Use Code | 05 Apartment 5–25 Units |
| Valuation | Income |
| Improvement SF | 9,097 SF |
| Land SF | 22,922 SF |
| Acres | 0.526 |
| Year Built | 1981 |
| Legal | LOT 36-37 *& E20FT OF LOT 38 OLT 39 DIV D WOOLDRIDGE MARY ANN RESUB |
| Neighborhood | 05WC |
| Land | $1,835,000 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,835,000 |
| Improvement | $894,100 |
|---|---|
| Total Improvement | $894,100 |
| Market | $2,729,100 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,729,100 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $2,729,100 |
| Taxable Value | $2,729,100 |
|---|
Appreciation: Market value has risen +37.3% from $1,988,306 (2021) to $2,729,100 (2025), a CAGR of 8.2% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2024→2025), 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 $55,851. 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 67% of market value ($1,835,000 land vs $894,100 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 $2,729,100, 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 +8.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $4,054,523 by 2030, with an estimated annual tax burden around $76,377. 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.
26 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 2ND | 2nd Floor | 4,229 SF | ✓ |
| 1ST | 1st Floor | 4,016 SF | ✓ |
| 551 | PAVED AREA | 3,700 SF | ✗ |
| SO | Sketch Only | 2,119 SF | ✗ |
| 011C | PORCH OPEN 1ST COMM | 1,230 SF | ✗ |
| 3RD | 3rd Floor | 852 SF | ✓ |
| UBSMT | Unfinished Basement | 456 SF | ✓ |
| 031C | GARAGE DET 1ST COMM | 440 SF | ✓ |
| 012C | PORCH OPEN 2 COMM | 433 SF | ✗ |
| 630C | PORCH CLOS FIN COMM | 400 SF | ✓ |
| 611 | TERRACE | 387 SF | ✗ |
| 061C | CARPORT ATT 1ST COMM | 228 SF | ✗ |
| 021 | PORCH CLOS 1ST F | 209 SF | ✓ |
| 022 | PORCH CLOS 2ND F | 209 SF | ✓ |
| 013C | PORCH OPEN 3 COMM | 120 SF | ✗ |
| 251 | BATHROOM | 4 SF | ✓ |
| 132 | PLBG 5-FIXT AVG | 2 SF | ✓ |
| 539 | FENCE FV | 2 SF | ✗ |
| 413 | STAIRWAY EXT | 1 SF | ✓ |
| 416 | HOT TUB | 1 SF | ✓ |
| 522C | FIREPLACE COMM | 1 SF | ✓ |
| 142 | BATHTUB AVG | 1 SF | ✓ |
| 152 | COMMODE AVG | 1 SF | ✓ |
| 162 | LAVATORY AVG | 1 SF | ✓ |
| 521 | FIREPLACE | 1 SF | ✓ |
| 306 | GREENHOUSE | 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% | $25,249.63 | $25,249.63 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $14,300.95 | $14,300.95 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $10,257.19 | $10,257.19 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $3,220.97 | $3,220.97 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,821.89 | $2,821.89 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $55,850.63 | $55,850.63 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,729,100 | $2,729,100 | +0.0% |
| Assessed Value | $2,729,100 | $2,729,100 | +0.0% |
| Land Value | $1,835,000 | $1,835,000 | +0.0% |
| Improvement Value | $894,100 | $894,100 | +0.0% |
| Taxable Value | $2,729,100 | $2,729,100 | +0.0% |
| Total Tax 2026 = estimate |
~$55,851
Estimated
|
~$55,851
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $2,729,100 | $2,729,100 | +0 (+0.0%) |
| Taxable Value | $2,729,100 | $2,729,100 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,729,100 | $1,835,000 | $894,100 | — | $2,729,100 | $2,729,100 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $2,729,100 | $1,835,000 | $894,100 | — | $2,729,100 | $2,729,100 | ~$55,851 | Partial |
| 2024 | $2,227,633 | — | — | −$392,633 | $1,835,000 | $— | $48,677 | Verified |
| 2023 | $2,143,248 | — | — | −$308,248 | $1,835,000 | $— | $40,303 | Verified |
| 2022 | $2,002,220 | — | — | −$167,220 | $1,835,000 | $— | $42,328 | Verified |
| 2021 | $1,988,306 | — | — | −$153,306 | $1,835,000 | $— | $43,582 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2025 | +11.1% | +11.1% | ~100% | Not available | Partial |
| 2024 | +10.3% | +10.3% | ~100% | 1.9800% | Verified |
| 2023 | +3.9% | +3.9% | ~100% | 1.8100% | Verified |
| 2022 | +7.0% | +7.0% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1900% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +36.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +6.8% | +8.2% | +22.5% | 2025 | +0.0% | 2026 |
| Assessment Ratio | 100.0% | 92.0% | — | 100.0% | 2025 | 82.4% | 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 |
$55,851 | $46,148 | ~$67,689 | $55,851 | 2025 | $40,303 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,953,952 | ~$2,953,952 | ~2.0139% | ~$59,491 | +8.2% |
| 2027 | ~$3,197,331 | ~$3,197,331 | ~1.9814% | ~$63,352 | +17.2% |
| 2028 | ~$3,460,761 | ~$3,460,761 | ~1.9488% | ~$67,445 | +26.8% |
| 2029 | ~$3,745,896 | ~$3,745,896 | ~1.9163% | ~$71,782 | +37.3% |
| 2030 | ~$4,054,523 | ~$4,054,523 | ~1.8837% | ~$76,377 | +48.6% |
| 2026 | ~$2,899,370 | ~$2,899,370 | ~2.0465% | ~$59,335 | +6.2% |
| 2027 | ~$3,080,264 | ~$3,080,264 | ~2.0465% | ~$63,037 | +12.9% |
| 2028 | ~$3,272,444 | ~$3,272,444 | ~2.0465% | ~$66,970 | +19.9% |
| 2029 | ~$3,476,614 | ~$3,476,614 | ~2.0465% | ~$71,148 | +27.4% |
| 2030 | ~$3,693,523 | ~$3,693,523 | ~2.0465% | ~$75,587 | +35.3% |
| 2026 | ~$3,008,534 | ~$3,002,010 | ~1.9977% | ~$59,970 | +10.2% |
| 2027 | ~$3,316,580 | ~$3,302,211 | ~1.9488% | ~$64,355 | +21.5% |
| 2028 | ~$3,656,168 | ~$3,632,432 | ~1.9000% | ~$69,017 | +34.0% |
| 2029 | ~$4,030,525 | ~$3,995,675 | ~1.8512% | ~$73,968 | +47.7% |
| 2030 | ~$4,443,213 | ~$4,395,243 | ~1.8024% | ~$79,219 | +62.8% |
In 2025, this property's market value of $2,729,100 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 5× 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 | $2,729,100 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $2,227,633 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $2,143,248 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $2,002,220 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $1,988,306 | $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.