901 W 22 1/2 ST TX 78705
| Owner | ACC OP (THE BLOCK) LLC |
|---|---|
| Parcel ID | 0212010606 |
| Short ID | 203520 |
| Type | Real |
| Use Code | 07 Apartment 50–100 Units |
| Valuation | Income |
| Improvement SF | 89,587 SF |
| Land SF | 27,952 SF |
| Acres | 0.642 |
| Year Built | 2007 |
| Legal | LOT 7-10 OLT 32 DIV D SAMPSON SUBD |
| Neighborhood | 08WC |
| Land | $8,385,735 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $8,385,735 |
| Improvement | $16,538,723 |
|---|---|
| Total Improvement | $16,538,723 |
| Market | $24,924,458 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $24,924,458 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $24,924,458 |
| Taxable Value | $24,924,458 |
|---|
Appreciation: Market value has fallen -12.0% from $28,309,760 (2021) to $24,924,458 (2025), a CAGR of -3.1% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2021→2022), 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 $510,075. 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 34% of market value ($8,385,735 land vs $16,538,723 improvements), about $300/SF of land. Most value sits in the improvements, so building condition, age (~19 yrs), and rent roll drive the underwriting.
Submarket Position: At $24,924,458, 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 -3.1% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $21,256,299 by 2030, with an estimated annual tax burden around $400,414. 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 | 89,587 SF | ✓ |
| 187 | PARKING GARAGE | 68,278 SF | ✓ |
| 132 | PLBG 5-FIXT AVG | 2 SF | ✓ |
| 276 | ELEVATOR COM PAS | 2 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% | $223,702.50 | $223,702.50 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $126,701.16 | $126,701.16 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $90,874.91 | $90,874.91 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $28,536.58 | $28,536.58 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $25,000.91 | $25,000.91 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $494,816.06 | $494,816.06 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $24,800,774 | $24,924,458 | -0.5% |
| Assessed Value | $24,800,774 | $24,924,458 | -0.5% |
| Land Value | $4,192,868 | $8,385,735 | -50.0% |
| Improvement Value | $20,607,906 | $16,538,723 | +24.6% |
| Taxable Value | $24,800,774 | $24,924,458 | -0.5% |
| Total Tax 2026 = estimate |
~$507,544
Estimated
|
~$494,816
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $25,157,835 | $24,800,774 | -357,061 (-1.4%) |
| Taxable Value | $25,157,835 | $24,800,774 | -357,061 (-1.4%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $24,800,774 | $4,192,868 | $20,607,906 | — | $24,800,774 | $24,800,774 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $24,924,458 | $8,385,735 | $16,538,723 | — | $24,924,458 | $24,924,458 | ~$494,816 | Partial |
| 2024 | $24,470,790 | — | — | −$16,085,055 | $8,385,735 | $— | $465,662 | Verified |
| 2023 | $23,270,000 | — | — | −$14,884,265 | $8,385,735 | $— | $442,737 | Verified |
| 2022 | $25,020,000 | — | — | −$20,547,608 | $4,472,392 | $— | $459,565 | Verified |
| 2021 | $28,309,760 | — | — | −$23,837,368 | $4,472,392 | $— | $545,726 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.9% | +0.9% | ~100% | Not available | Partial |
| 2025 | +3.9% | +3.9% | ~100% | Not available | Partial |
| 2024 | -1.9% | -1.9% | ~100% | 1.9400% | Verified |
| 2023 | +5.2% | +5.2% | ~100% | 1.8100% | Verified |
| 2022 | -10.8% | -10.8% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 1.9300% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -4.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -0.5% | -2.4% | -3.0% | +5.2% | 2024 | -11.6% | 2022 |
| Assessment Ratio | 100.0% | 50.7% | — | 100.0% | 2025 | 15.8% | 2021 |
| Effective Tax Rate (2025) | 1.9900% | 1.9900% | — | 1.9900% | 2025 | 1.9900% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$494,816 | $481,701 | ~$442,405 | $545,726 | 2021 | $442,737 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$24,143,382 | ~$24,143,382 | ~2.0139% | ~$486,232 | -3.1% |
| 2027 | ~$23,386,783 | ~$23,386,783 | ~1.9814% | ~$463,383 | -6.2% |
| 2028 | ~$22,653,895 | ~$22,653,895 | ~1.9488% | ~$441,488 | -9.1% |
| 2029 | ~$21,943,973 | ~$21,943,973 | ~1.9163% | ~$420,510 | -12.0% |
| 2030 | ~$21,256,299 | ~$21,256,299 | ~1.8837% | ~$400,414 | -14.7% |
| 2026 | ~$23,678,235 | ~$23,678,235 | ~2.0465% | ~$484,572 | -5.0% |
| 2027 | ~$22,494,323 | ~$22,494,323 | ~2.0465% | ~$460,343 | -9.8% |
| 2028 | ~$21,369,607 | ~$21,369,607 | ~2.0465% | ~$437,326 | -14.3% |
| 2029 | ~$20,301,127 | ~$20,301,127 | ~2.0465% | ~$415,460 | -18.5% |
| 2030 | ~$19,286,070 | ~$19,286,070 | ~2.0465% | ~$394,687 | -22.6% |
| 2026 | ~$24,641,871 | ~$24,641,871 | ~1.9977% | ~$492,261 | -1.1% |
| 2027 | ~$24,362,488 | ~$24,362,488 | ~1.9488% | ~$474,786 | -2.3% |
| 2028 | ~$24,086,273 | ~$24,086,273 | ~1.9000% | ~$457,643 | -3.4% |
| 2029 | ~$23,813,189 | ~$23,813,189 | ~1.8512% | ~$440,828 | -4.5% |
| 2030 | ~$23,543,202 | ~$23,543,202 | ~1.8024% | ~$424,336 | -5.5% |
In 2025, this property's market value of $24,924,458 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 48× 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 | $24,924,458 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $24,470,790 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $23,270,000 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $25,020,000 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $28,309,760 | $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.