906 W 22 ST TX 78705
| Owner | BELLOCCHIO BRENDA |
|---|---|
| Parcel ID | 0212010609 |
| Short ID | 203523 |
| Type | Real |
| Use Code | 05 Apartment 5–25 Units |
| Valuation | Income |
| Improvement SF | 4,509 SF |
| Land SF | 7,027 SF |
| Acres | 0.161 |
| Year Built | 1903 |
| Legal | LOT 5 OLT 32 DIV D SAMPSON SUBD |
| Neighborhood | 05WC |
| Land | $1,054,050 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,054,050 |
| Improvement | $195,950 |
|---|---|
| Total Improvement | $195,950 |
| Market | $1,250,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,250,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,250,000 |
| Taxable Value | $1,250,000 |
|---|
Appreciation: Market value has risen +15.5% from $1,082,160 (2021) to $1,250,000 (2025), a CAGR of 3.7% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2025→2026), 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 $25,581. 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 84% of market value ($1,054,050 land vs $195,950 improvements), about $150/SF of land. With value concentrated in the land under a ~123-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 $1,250,000, 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 +3.7% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,496,867 by 2030, with an estimated annual tax burden around $28,197. 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.
6 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 2,525 SF | ✓ |
| 2ND | 2nd Floor | 1,984 SF | ✓ |
| 011C | PORCH OPEN 1ST COMM | 138 SF | ✗ |
| 413 | STAIRWAY EXT | 2 SF | ✓ |
| 251 | BATHROOM | 2 SF | ✓ |
| 132 | PLBG 5-FIXT AVG | 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% | $11,565.00 | $11,565.00 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $6,550.21 | $6,550.21 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $4,698.06 | $4,698.06 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,475.29 | $1,475.29 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,292.50 | $1,292.50 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $25,581.06 | $25,581.06 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,352,700 | $1,250,000 | +8.2% |
| Assessed Value | $1,352,700 | $1,250,000 | +8.2% |
| Land Value | $1,054,050 | $1,054,050 | +0.0% |
| Improvement Value | $298,650 | $195,950 | +52.4% |
| Taxable Value | $1,352,700 | $1,250,000 | +8.2% |
| Total Tax 2026 = estimate |
~$27,683
Estimated
|
~$25,581
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,352,700 | $1,352,700 | +0 (+0.0%) |
| Taxable Value | $1,352,700 | $1,352,700 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,352,700 | $1,054,050 | $298,650 | — | $1,352,700 | $1,352,700 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,250,000 | $1,054,050 | $195,950 | — | $1,250,000 | $1,250,000 | ~$25,581 | Partial |
| 2024 | $1,172,340 | — | — | −$118,290 | $1,054,050 | $— | $23,619 | Verified |
| 2023 | $1,127,250 | — | — | −$73,200 | $1,054,050 | $— | $21,211 | Verified |
| 2022 | $1,069,147 | — | — | −$542,122 | $527,025 | $— | $22,262 | Verified |
| 2021 | $1,082,160 | — | — | −$555,135 | $527,025 | $— | $23,272 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +8.2% | +8.2% | ~100% | Not available | Partial |
| 2025 | +2.7% | +2.7% | ~100% | Not available | Partial |
| 2024 | +0.0% | +0.0% | ~100% | 1.9400% | Verified |
| 2023 | +8.0% | +8.0% | ~100% | 1.7400% | Verified |
| 2022 | +5.4% | +5.4% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1500% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +16.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +8.2% | +4.6% | +2.1% | +8.2% | 2026 | -1.2% | 2022 |
| Assessment Ratio | 100.0% | 80.2% | — | 100.0% | 2025 | 48.7% | 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 |
$25,581 | $23,189 | ~$27,145 | $25,581 | 2025 | $21,211 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,295,880 | ~$1,295,880 | ~2.0139% | ~$26,098 | +3.7% |
| 2027 | ~$1,343,443 | ~$1,343,443 | ~1.9814% | ~$26,619 | +7.5% |
| 2028 | ~$1,392,752 | ~$1,392,752 | ~1.9488% | ~$27,143 | +11.4% |
| 2029 | ~$1,443,872 | ~$1,443,872 | ~1.9163% | ~$27,669 | +15.5% |
| 2030 | ~$1,496,867 | ~$1,496,867 | ~1.8837% | ~$28,197 | +19.7% |
| 2026 | ~$1,270,880 | ~$1,270,880 | ~2.0465% | ~$26,008 | +1.7% |
| 2027 | ~$1,292,108 | ~$1,292,108 | ~2.0465% | ~$26,443 | +3.4% |
| 2028 | ~$1,313,691 | ~$1,313,691 | ~2.0465% | ~$26,884 | +5.1% |
| 2029 | ~$1,335,634 | ~$1,335,634 | ~2.0465% | ~$27,334 | +6.9% |
| 2030 | ~$1,357,944 | ~$1,357,944 | ~2.0465% | ~$27,790 | +8.6% |
| 2026 | ~$1,320,880 | ~$1,320,880 | ~1.9977% | ~$26,387 | +5.7% |
| 2027 | ~$1,395,778 | ~$1,395,778 | ~1.9488% | ~$27,201 | +11.7% |
| 2028 | ~$1,474,924 | ~$1,474,924 | ~1.9000% | ~$28,024 | +18.0% |
| 2029 | ~$1,558,558 | ~$1,558,558 | ~1.8512% | ~$28,852 | +24.7% |
| 2030 | ~$1,646,934 | ~$1,646,934 | ~1.8024% | ~$29,684 | +31.8% |
In 2025, this property's market value of $1,250,000 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — +140% 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 | $1,250,000 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $1,172,340 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $1,127,250 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $1,069,147 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $1,082,160 | $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.