905 W 22 1/2 ST TX 78705
| Owner | SI & YAN INVESTMENT LLC |
|---|---|
| Parcel ID | 0212010604 |
| Short ID | 203518 |
| Type | Real |
| Use Code | 05 Apartment 5–25 Units |
| Valuation | Income |
| Improvement SF | 9,382 SF |
| Land SF | 10,541 SF |
| Acres | 0.242 |
| Year Built | 1984 |
| Legal | LOT 11 *& E27.45 FT OF LOT 12 OLT 32 DIV D SAMPSON SUBD |
| Neighborhood | 05WC |
| Land | $1,581,150 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,581,150 |
| Improvement | $1,078,850 |
|---|---|
| Total Improvement | $1,078,850 |
| Market | $2,660,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,660,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $2,660,000 |
| Taxable Value | $2,660,000 |
|---|
Appreciation: Market value has risen +26.7% from $2,100,000 (2021) to $2,660,000 (2025), a CAGR of 6.1% over 4 years. This represents moderate, steady growth. 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 $54,437. 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 59% of market value ($1,581,150 land vs $1,078,850 improvements), about $150/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $2,660,000, 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 +6.1% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $3,574,453 by 2030, with an estimated annual tax burden around $67,333. 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 |
|---|---|---|---|
| 3RD | 3rd Floor | 4,280 SF | ✓ |
| 2ND | 2nd Floor | 4,218 SF | ✓ |
| 551 | PAVED AREA | 3,961 SF | ✗ |
| SO | Sketch Only | 1,956 SF | ✗ |
| 611 | TERRACE | 1,620 SF | ✗ |
| 591 | MASONRY TRIM SF | 1,000 SF | ✗ |
| 1ST | 1st Floor | 884 SF | ✓ |
| 012C | PORCH OPEN 2 COMM | 457 SF | ✗ |
| 013C | PORCH OPEN 3 COMM | 340 SF | ✗ |
| 601 | POOL COMM'L | 260 SF | ✗ |
| 011C | PORCH OPEN 1ST COMM | 24 SF | ✗ |
| 132 | PLBG 5-FIXT AVG | 1 SF | ✓ |
| 142 | BATHTUB AVG | 1 SF | ✓ |
| 152 | COMMODE AVG | 1 SF | ✓ |
| 162 | LAVATORY AVG | 1 SF | ✓ |
| 242 | OBS OVEN/BURN | 1 SF | ✓ |
| 304 | ENTRANCE FV | 1 SF | ✓ |
| 413 | STAIRWAY EXT | 1 SF | ✓ |
| 482 | LIGHT POLES | 1 SF | ✓ |
| 521 | FIREPLACE | 1 SF | ✓ |
| 531 | OBS FENCE | 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% | $21,973.50 | $21,973.50 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $12,445.40 | $12,445.40 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $8,926.32 | $8,926.32 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,803.05 | $2,803.05 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,455.75 | $2,455.75 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $48,604.02 | $48,604.02 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,610,000 | $2,660,000 | -1.9% |
| Assessed Value | $2,610,000 | $2,660,000 | -1.9% |
| Land Value | $1,581,150 | $1,581,150 | +0.0% |
| Improvement Value | $1,028,850 | $1,078,850 | -4.6% |
| Taxable Value | $2,610,000 | $2,660,000 | -1.9% |
| Total Tax 2026 = estimate |
~$53,413
Estimated
|
~$48,604
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $2,660,000 | $2,610,000 | -50,000 (-1.9%) |
| Taxable Value | $2,660,000 | $2,610,000 | -50,000 (-1.9%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,610,000 | $1,581,150 | $1,028,850 | — | $2,610,000 | $2,610,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $2,660,000 | $1,581,150 | $1,078,850 | — | $2,660,000 | $2,660,000 | ~$48,604 | Partial |
| 2024 | $2,226,389 | — | — | −$645,239 | $1,581,150 | $— | $47,068 | Verified |
| 2023 | $2,165,951 | — | — | −$584,801 | $1,581,150 | $— | $40,281 | Verified |
| 2022 | $2,100,000 | — | — | −$1,309,425 | $790,575 | $— | $42,776 | Verified |
| 2021 | $2,100,000 | — | — | −$1,309,425 | $790,575 | $— | $45,710 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2025 | +12.0% | +12.0% | ~100% | Not available | Partial |
| 2024 | +6.7% | +6.7% | ~100% | 1.9800% | Verified |
| 2023 | +2.8% | +2.8% | ~100% | 1.8100% | Verified |
| 2022 | +3.1% | +3.1% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +26.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -1.9% | +4.7% | +6.5% | +19.5% | 2025 | -1.9% | 2026 |
| Assessment Ratio | 100.0% | 69.9% | — | 100.0% | 2025 | 37.6% | 2021 |
| Effective Tax Rate (2025) | 1.8300% | 1.8300% | — | 1.8300% | 2025 | 1.8300% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$48,604 | $44,888 | ~$61,989 | $48,604 | 2025 | $40,281 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,821,936 | ~$2,821,936 | ~2.0139% | ~$56,832 | +6.1% |
| 2027 | ~$2,993,731 | ~$2,993,731 | ~1.9814% | ~$59,317 | +12.5% |
| 2028 | ~$3,175,985 | ~$3,175,985 | ~1.9488% | ~$61,895 | +19.4% |
| 2029 | ~$3,369,333 | ~$3,369,333 | ~1.9163% | ~$64,566 | +26.7% |
| 2030 | ~$3,574,453 | ~$3,574,453 | ~1.8837% | ~$67,333 | +34.4% |
| 2026 | ~$2,768,736 | ~$2,768,736 | ~2.0465% | ~$56,662 | +4.1% |
| 2027 | ~$2,881,918 | ~$2,881,918 | ~2.0465% | ~$58,978 | +8.3% |
| 2028 | ~$2,999,726 | ~$2,999,726 | ~2.0465% | ~$61,389 | +12.8% |
| 2029 | ~$3,122,350 | ~$3,122,350 | ~2.0465% | ~$63,898 | +17.4% |
| 2030 | ~$3,249,986 | ~$3,249,986 | ~2.0465% | ~$66,510 | +22.2% |
| 2026 | ~$2,875,136 | ~$2,875,136 | ~1.9977% | ~$57,436 | +8.1% |
| 2027 | ~$3,107,673 | ~$3,107,673 | ~1.9488% | ~$60,564 | +16.8% |
| 2028 | ~$3,359,016 | ~$3,359,016 | ~1.9000% | ~$63,822 | +26.3% |
| 2029 | ~$3,630,688 | ~$3,630,688 | ~1.8512% | ~$67,211 | +36.5% |
| 2030 | ~$3,924,332 | ~$3,924,332 | ~1.8024% | ~$70,731 | +47.5% |
In 2025, this property's market value of $2,660,000 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 | $2,660,000 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $2,226,389 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $2,165,951 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $2,100,000 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $2,100,000 | $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.