908 W 21 ST TX 78705
| Owner | ECO PROPERTIES LLC |
|---|---|
| Parcel ID | 0212010808 |
| Short ID | 203650 |
| Type | Real |
| Use Code | 05 Apartment 5–25 Units |
| Valuation | Income |
| Improvement SF | 5,708 SF |
| Land SF | 4,182 SF |
| Acres | 0.096 |
| Year Built | 2013 |
| Legal | 0.096 ACR OF OLT 25 DIVISION D |
| Neighborhood | 05WC |
| Land | $627,264 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $627,264 |
| Improvement | $2,614,136 |
|---|---|
| Total Improvement | $2,614,136 |
| Market | $3,241,400 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $3,241,400 |
| Value Limitation Adjustment (−) (homestead cap) | −$109,400 |
| Net Appraised (assessed) | $3,132,000 |
| Taxable Value | $3,132,000 |
|---|
Appreciation: Market value has risen +29.7% from $2,500,000 (2021) to $3,241,400 (2025), a CAGR of 6.7% 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 $64,096. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Assessment Gap: Assessed value ($3,132,000) is $109,400 below market value, suggesting potential for an upward assessment in future years.
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 19% of market value ($627,264 land vs $2,614,136 improvements), about $150/SF of land. Most value sits in the improvements, so building condition, age (~13 yrs), and rent roll drive the underwriting.
Submarket Position: At $3,241,400, 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 +6.7% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $4,484,597 by 2030, with an estimated annual tax burden around $84,478. 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 |
|---|---|---|---|
| 041C | GARAGE ATT 1ST COMM | 3,379 SF | ✓ |
| 3RD | 3rd Floor | 2,898 SF | ✓ |
| 4TH | 4th Floor | 2,822 SF | ✓ |
| 2ND | 2nd Floor | 2,810 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% | $24,105.65 | $24,105.65 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $13,653.02 | $13,653.02 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $9,792.46 | $9,792.46 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $3,075.03 | $3,075.03 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,694.04 | $2,694.04 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $53,320.20 | $53,320.20 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $3,070,800 | $3,241,400 | -5.3% |
| Assessed Value | $3,070,800 | $3,132,000 | -2.0% |
| Land Value | $627,264 | $627,264 | +0.0% |
| Improvement Value | $2,443,536 | $2,614,136 | -6.5% |
| Taxable Value | $3,070,800 | $3,132,000 | -2.0% |
| Total Tax 2026 = estimate |
~$62,843
Estimated
|
~$53,320
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $3,070,800 | $3,070,800 | +0 (+0.0%) |
| Taxable Value | $3,070,800 | $3,070,800 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $3,070,800 | $627,264 | $2,443,536 | — | $3,070,800 | $3,070,800 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $3,241,400 | $627,264 | $2,614,136 | −$109,400 | $3,132,000 | $3,132,000 | ~$53,320 | Partial |
| 2024 | $2,610,000 | — | — | −$1,982,736 | $627,264 | $— | $51,725 | Verified |
| 2023 | $2,600,000 | — | — | −$1,972,736 | $627,264 | $— | $47,221 | Verified |
| 2022 | $2,516,350 | — | — | −$2,202,718 | $313,632 | $— | $51,348 | Verified |
| 2021 | $2,500,000 | — | — | −$2,186,368 | $313,632 | $— | $54,773 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -5.3% | -2.0% | ~100% | Not available | Partial |
| 2025 | +24.2% | +20.0% | 96.6% | Not available | Partial |
| 2024 | -8.7% | -8.7% | ~100% | 1.9800% | Verified |
| 2023 | -4.3% | -4.3% | ~100% | 1.6500% | Verified |
| 2022 | +18.6% | +18.6% | ~100% | 1.7200% | Verified |
| 2021 | base year | — | ~100% | 2.1900% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +28.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -5.3% | +4.7% | +7.9% | +24.2% | 2025 | -5.3% | 2026 |
| Assessment Ratio | 100.0% | 44.9% | — | 100.0% | 2026 | 12.5% | 2021 |
| Effective Tax Rate (2025) | 1.6500% | 1.6500% | — | 1.6500% | 2025 | 1.6500% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$53,320 | $51,678 | ~$76,856 | $54,773 | 2021 | $47,221 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$3,458,842 | ~$3,445,200 | ~2.0139% | ~$69,384 | +6.7% |
| 2027 | ~$3,690,872 | ~$3,690,872 | ~1.9814% | ~$73,130 | +13.9% |
| 2028 | ~$3,938,466 | ~$3,938,466 | ~1.9488% | ~$76,754 | +21.5% |
| 2029 | ~$4,202,670 | ~$4,202,670 | ~1.9163% | ~$80,535 | +29.7% |
| 2030 | ~$4,484,597 | ~$4,484,597 | ~1.8837% | ~$84,478 | +38.4% |
| 2026 | ~$3,394,014 | ~$3,394,014 | ~2.0465% | ~$69,458 | +4.7% |
| 2027 | ~$3,553,814 | ~$3,553,814 | ~2.0465% | ~$72,728 | +9.6% |
| 2028 | ~$3,721,138 | ~$3,721,138 | ~2.0465% | ~$76,153 | +14.8% |
| 2029 | ~$3,896,340 | ~$3,896,340 | ~2.0465% | ~$79,738 | +20.2% |
| 2030 | ~$4,079,791 | ~$4,079,791 | ~2.0465% | ~$83,492 | +25.9% |
| 2026 | ~$3,523,670 | ~$3,445,200 | ~1.9977% | ~$68,823 | +8.7% |
| 2027 | ~$3,830,522 | ~$3,789,720 | ~1.9488% | ~$73,856 | +18.2% |
| 2028 | ~$4,164,095 | ~$4,164,095 | ~1.9000% | ~$79,119 | +28.5% |
| 2029 | ~$4,526,716 | ~$4,526,716 | ~1.8512% | ~$83,798 | +39.7% |
| 2030 | ~$4,920,916 | ~$4,920,916 | ~1.8024% | ~$88,693 | +51.8% |
In 2025, this property's market value of $3,241,400 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 6× 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 | $3,241,400 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $2,610,000 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $2,600,000 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $2,516,350 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $2,500,000 | $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.