1008 W 25 1/2 ST TX 78705
| Owner | WEST CAMPUS HOLDING LLC |
|---|---|
| Parcel ID | 0214000912 |
| Short ID | 206099 |
| Type | Real |
| Use Code | 05 Apartment 5–25 Units |
| Valuation | Income |
| Improvement SF | 12,724 SF |
| Land SF | 15,855 SF |
| Acres | 0.364 |
| Year Built | 1963 |
| Legal | LOT 18-19 & ADJ 1/2 VAC ST BLK 6 OLT 54 DIV D HARWOOD SUBD |
| Neighborhood | 05WC |
| Land | $2,378,250 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,378,250 |
| Improvement | $835,572 |
|---|---|
| Total Improvement | $835,572 |
| Market | $3,213,822 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $3,213,822 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $3,213,822 |
| Taxable Value | $3,213,822 |
|---|
Appreciation: Market value has risen +14.8% from $2,800,000 (2021) to $3,213,822 (2025), a CAGR of 3.5% 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 $65,770. 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 74% of market value ($2,378,250 land vs $835,572 improvements), about $150/SF of land. With value concentrated in the land under a ~63-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 $3,213,822, 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 +3.5% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $3,818,137 by 2030, with an estimated annual tax burden around $71,924. 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.
16 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| SO | Sketch Only | 14,653 SF | ✗ |
| 1ST | 1st Floor | 5,582 SF | ✓ |
| 2ND | 2nd Floor | 5,510 SF | ✓ |
| 551 | PAVED AREA | 3,000 SF | ✗ |
| 591 | MASONRY TRIM SF | 2,400 SF | ✗ |
| 3RD | 3rd Floor | 1,632 SF | ✓ |
| 611 | TERRACE | 1,280 SF | ✗ |
| 505 | BALCONY | 953 SF | ✓ |
| 011C | PORCH OPEN 1ST COMM | 669 SF | ✗ |
| 601 | POOL COMM'L | 314 SF | ✗ |
| 012C | PORCH OPEN 2 COMM | 290 SF | ✗ |
| 581C | STORAGE ATT COMM | 162 SF | ✓ |
| 132 | PLBG 5-FIXT AVG | 1 SF | ✓ |
| 269 | OBS RANGE DRP-IN | 1 SF | ✓ |
| 413 | STAIRWAY EXT | 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% | $29,734.28 | $29,734.28 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $16,840.97 | $16,840.97 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $12,078.99 | $12,078.99 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $3,793.05 | $3,793.05 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $3,323.09 | $3,323.09 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $65,770.38 | $65,770.38 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $3,562,720 | $3,213,822 | +10.9% |
| Assessed Value | $3,562,720 | $3,213,822 | +10.9% |
| Land Value | $2,378,250 | $2,378,250 | +0.0% |
| Improvement Value | $1,184,470 | $835,572 | +41.8% |
| Taxable Value | $3,562,720 | $3,213,822 | +10.9% |
| Total Tax 2026 = estimate |
~$72,911
Estimated
|
~$65,770
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $3,562,720 | $3,562,720 | +0 (+0.0%) |
| Taxable Value | $3,562,720 | $3,562,720 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $3,562,720 | $2,378,250 | $1,184,470 | — | $3,562,720 | $3,562,720 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $3,213,822 | $2,378,250 | $835,572 | — | $3,213,822 | $3,213,822 | ~$65,770 | Partial |
| 2024 | $3,000,000 | — | — | −$621,750 | $2,378,250 | $— | $61,330 | Verified |
| 2023 | $2,902,788 | — | — | −$524,538 | $2,378,250 | $— | $54,277 | Verified |
| 2022 | $2,900,000 | — | — | −$1,710,875 | $1,189,125 | $— | $57,328 | Verified |
| 2021 | $2,800,000 | — | — | −$1,610,875 | $1,189,125 | $— | $63,124 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +10.9% | +10.9% | ~100% | Not available | Partial |
| 2025 | +1.0% | +1.0% | ~100% | Not available | Partial |
| 2024 | +6.0% | +6.0% | ~100% | 1.9300% | Verified |
| 2023 | +3.3% | +3.3% | ~100% | 1.8100% | Verified |
| 2022 | +0.1% | +0.1% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.2500% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +10.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +10.9% | +5.0% | +1.5% | +10.9% | 2026 | +0.1% | 2023 |
| Assessment Ratio | 100.0% | 74.1% | — | 100.0% | 2025 | 41.0% | 2022 |
| 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 |
$65,770 | $60,366 | ~$69,456 | $65,770 | 2025 | $54,277 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$3,326,502 | ~$3,326,502 | ~2.0139% | ~$66,994 | +3.5% |
| 2027 | ~$3,443,132 | ~$3,443,132 | ~1.9814% | ~$68,222 | +7.1% |
| 2028 | ~$3,563,852 | ~$3,563,852 | ~1.9488% | ~$69,454 | +10.9% |
| 2029 | ~$3,688,804 | ~$3,688,804 | ~1.9163% | ~$70,688 | +14.8% |
| 2030 | ~$3,818,137 | ~$3,818,137 | ~1.8837% | ~$71,924 | +18.8% |
| 2026 | ~$3,262,225 | ~$3,262,225 | ~2.0465% | ~$66,761 | +1.5% |
| 2027 | ~$3,311,358 | ~$3,311,358 | ~2.0465% | ~$67,766 | +3.0% |
| 2028 | ~$3,361,230 | ~$3,361,230 | ~2.0465% | ~$68,787 | +4.6% |
| 2029 | ~$3,411,854 | ~$3,411,854 | ~2.0465% | ~$69,823 | +6.2% |
| 2030 | ~$3,463,240 | ~$3,463,240 | ~2.0465% | ~$70,875 | +7.8% |
| 2026 | ~$3,390,778 | ~$3,390,778 | ~1.9977% | ~$67,736 | +5.5% |
| 2027 | ~$3,577,478 | ~$3,577,478 | ~1.9488% | ~$69,719 | +11.3% |
| 2028 | ~$3,774,457 | ~$3,774,457 | ~1.9000% | ~$71,715 | +17.4% |
| 2029 | ~$3,982,283 | ~$3,982,283 | ~1.8512% | ~$73,720 | +23.9% |
| 2030 | ~$4,201,551 | ~$4,201,551 | ~1.8024% | ~$75,728 | +30.7% |
In 2025, this property's market value of $3,213,822 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 | $3,213,822 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $3,000,000 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $2,902,788 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $2,900,000 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $2,800,000 | $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.