1008 W 25 ST TX 78705
| Owner | 706 W 34TH LLC |
|---|---|
| Parcel ID | 0214001003 |
| Short ID | 206116 |
| Type | Real |
| Use Code | 03 Triplex |
| Valuation | Income |
| Improvement SF | 3,442 SF |
| Land SF | 6,500 SF |
| Acres | 0.149 |
| Year Built | 1950 |
| Legal | LOT 5 *W34 FT & E16 FT OF LOT 6 BLK 6 OLT 54 DIV D HARWOOD SUBD |
| Neighborhood | Z40005 |
| Land | $542,500 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $542,500 |
| Improvement | $411,610 |
|---|---|
| Total Improvement | $411,610 |
| Market | $954,110 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $954,110 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $954,110 |
| Taxable Value | $954,110 |
|---|
Appreciation: Market value has risen +89.6% from $503,300 (2021) to $954,110 (2025), a CAGR of 17.3% over 4 years. This is strong appreciation — well above typical inflation. 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 outpaced 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 $19,526. 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 57% of market value ($542,500 land vs $411,610 improvements), about $83/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $954,110, 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 +17.3% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,122,330 by 2030, with an estimated annual tax burden around $28,946. 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.
7 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 1,721 SF | ✓ |
| 2ND | 2nd Floor | 1,721 SF | ✓ |
| 551 | PAVED AREA | 1,000 SF | ✗ |
| 612 | TERRACE UNCOVERD | 160 SF | ✗ |
| 011 | PORCH OPEN 1ST F | 39 SF | ✗ |
| 251 | BATHROOM | 8 SF | ✓ |
| 413 | STAIRWAY EXT | 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% | $8,827.43 | $8,827.43 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $4,999.70 | $4,999.70 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,585.97 | $3,585.97 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,126.07 | $1,126.07 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $986.55 | $986.55 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $19,525.72 | $19,525.72 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,016,000 | $954,110 | +6.5% |
| Assessed Value | $1,016,000 | $954,110 | +6.5% |
| Land Value | $542,500 | $542,500 | +0.0% |
| Improvement Value | $473,500 | $411,610 | +15.0% |
| Taxable Value | $1,016,000 | $954,110 | +6.5% |
| Total Tax 2026 = estimate |
~$20,792
Estimated
|
~$19,526
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,016,000 | $1,016,000 | +0 (+0.0%) |
| Taxable Value | $1,016,000 | $1,016,000 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,016,000 | $542,500 | $473,500 | — | $1,016,000 | $1,016,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $954,110 | $542,500 | $411,610 | — | $954,110 | $954,110 | ~$19,526 | Partial |
| 2024 | $993,651 | — | — | −$393,651 | $600,000 | $— | $21,555 | Verified |
| 2023 | $1,057,076 | — | — | −$457,076 | $600,000 | $— | $17,978 | Verified |
| 2022 | $813,349 | — | — | −$213,349 | $600,000 | $— | $20,876 | Verified |
| 2021 | $503,300 | — | — | −$113,300 | $390,000 | $— | $17,704 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +6.5% | +6.5% | ~100% | Not available | Partial |
| 2025 | -12.3% | -12.3% | ~100% | Not available | Partial |
| 2024 | +9.5% | +9.5% | ~100% | 1.9800% | Verified |
| 2023 | -6.0% | -6.0% | ~100% | 1.8100% | Verified |
| 2022 | +30.0% | +30.0% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 3.5200% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +17.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +6.5% | +17.6% | +15.9% | +61.6% | 2022 | -6.0% | 2024 |
| Assessment Ratio | 100.0% | 78.1% | — | 100.0% | 2025 | 56.8% | 2023 |
| 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 |
$19,526 | $19,528 | ~$24,895 | $21,555 | 2024 | $17,704 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,119,544 | ~$1,049,521 | ~2.0139% | ~$21,137 | +17.3% |
| 2027 | ~$1,313,664 | ~$1,154,473 | ~1.9814% | ~$22,875 | +37.7% |
| 2028 | ~$1,541,442 | ~$1,269,920 | ~1.9488% | ~$24,749 | +61.6% |
| 2029 | ~$1,808,714 | ~$1,396,912 | ~1.9163% | ~$26,769 | +89.6% |
| 2030 | ~$2,122,330 | ~$1,536,604 | ~1.8837% | ~$28,946 | +122.4% |
| 2026 | ~$1,100,462 | ~$1,049,521 | ~2.0465% | ~$21,478 | +15.3% |
| 2027 | ~$1,269,264 | ~$1,154,473 | ~2.0465% | ~$23,626 | +33.0% |
| 2028 | ~$1,463,958 | ~$1,269,920 | ~2.0465% | ~$25,989 | +53.4% |
| 2029 | ~$1,688,516 | ~$1,396,912 | ~2.0465% | ~$28,588 | +77.0% |
| 2030 | ~$1,947,520 | ~$1,536,604 | ~2.0465% | ~$31,446 | +104.1% |
| 2026 | ~$1,138,627 | ~$1,049,521 | ~1.9977% | ~$20,966 | +19.3% |
| 2027 | ~$1,358,827 | ~$1,154,473 | ~1.9488% | ~$22,499 | +42.4% |
| 2028 | ~$1,621,613 | ~$1,269,920 | ~1.9000% | ~$24,129 | +70.0% |
| 2029 | ~$1,935,218 | ~$1,396,912 | ~1.8512% | ~$25,860 | +102.8% |
| 2030 | ~$2,309,473 | ~$1,536,604 | ~1.8024% | ~$27,695 | +142.1% |
In 2025, this property's market value of $954,110 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — +84% 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 | $954,110 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $993,651 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $1,057,076 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $813,349 | $506,618 | $615,058 | $906,429 | ↑ Above median | +39.1% |
| 2021 | $503,300 | $300,453 | $376,850 | $539,896 | ↑ Above median | 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.