708 W 25 ST TX 78705
| Owner | ACC OP (THE BLOCK) LLC |
|---|---|
| Parcel ID | 0214010224 |
| Short ID | 206313 |
| Type | Real |
| Use Code | 08 Apartment 100+ Units |
| Valuation | Income |
| Improvement SF | 88,407 SF |
| Land SF | 62,291 SF |
| Acres | 1.430 |
| Year Built | 2008 |
| Legal | 0.87 AC OF OLT 52 DIVISION D & S 26FT OF LOT 21 & LOT 22-24 WOOTEN GOODALL SUBD |
| Neighborhood | 08WC |
| Land | $9,343,620 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $9,343,620 |
| Improvement | $46,066,862 |
|---|---|
| Total Improvement | $46,066,862 |
| Market | $55,410,482 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $55,410,482 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $55,410,482 |
| Taxable Value | $55,410,482 |
|---|
Appreciation: Market value has fallen -11.9% from $62,921,960 (2021) to $55,410,482 (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 $1,133,967. 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 17% of market value ($9,343,620 land vs $46,066,862 improvements), about $150/SF of land. Most value sits in the improvements, so building condition, age (~18 yrs), and rent roll drive the underwriting.
Submarket Position: At $55,410,482, 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 $47,269,285 by 2030, with an estimated annual tax burden around $890,432. 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.
11 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 187 | PARKING GARAGE | 119,714 SF | ✓ |
| 2ND | 2nd Floor | 39,958 SF | ✓ |
| 3RD | 3rd Floor | 37,750 SF | ✓ |
| 4TH | 4th Floor | 37,750 SF | ✓ |
| 5TH | 5th Floor | 37,750 SF | ✓ |
| ADDL | Additional Floor | 34,665 SF | ✓ |
| 1ST | 1st Floor | 10,699 SF | ✓ |
| MISC | Miscellaneous | 4,102 SF | ✓ |
| 601 | POOL COMM'L | 2,000 SF | ✗ |
| 276 | ELEVATOR COM PAS | 2 SF | ✓ |
| 132 | PLBG 5-FIXT AVG | 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% | $497,321.28 | $497,321.28 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $281,674.02 | $281,674.02 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $202,027.37 | $202,027.37 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $63,440.72 | $63,440.72 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $55,580.44 | $55,580.44 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $1,100,043.83 | $1,100,043.83 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $55,132,555 | $55,410,482 | -0.5% |
| Assessed Value | $55,132,555 | $55,410,482 | -0.5% |
| Land Value | $9,343,620 | $9,343,620 | +0.0% |
| Improvement Value | $45,788,935 | $46,066,862 | -0.6% |
| Taxable Value | $55,132,555 | $55,410,482 | -0.5% |
| Total Tax 2026 = estimate |
~$1,128,279
Estimated
|
~$1,100,044
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $55,926,307 | $55,132,555 | -793,752 (-1.4%) |
| Taxable Value | $55,926,307 | $55,132,555 | -793,752 (-1.4%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $55,132,555 | $9,343,620 | $45,788,935 | — | $55,132,555 | $55,132,555 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $55,410,482 | $9,343,620 | $46,066,862 | — | $55,410,482 | $55,410,482 | ~$1,100,044 | Partial |
| 2024 | $54,431,714 | — | — | −$45,088,094 | $9,343,620 | $— | $1,035,974 | Verified |
| 2023 | $51,750,000 | — | — | −$42,406,380 | $9,343,620 | $— | $984,804 | Verified |
| 2022 | $55,600,000 | — | — | −$45,633,472 | $9,966,528 | $— | $1,022,023 | Verified |
| 2021 | $62,921,960 | — | — | −$52,955,432 | $9,966,528 | $— | $1,212,717 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.9% | +0.9% | ~100% | Not available | Partial |
| 2025 | +3.8% | +3.8% | ~100% | Not available | Partial |
| 2024 | -1.9% | -1.9% | ~100% | 1.9400% | Verified |
| 2023 | +5.2% | +5.2% | ~100% | 1.8100% | Verified |
| 2022 | -10.7% | -10.7% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 1.9300% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -4.4% | |||||
| 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% | 44.8% | — | 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 |
$1,100,044 | $1,071,112 | ~$983,693 | $1,212,717 | 2021 | $984,804 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$53,677,138 | ~$53,677,138 | ~2.0139% | ~$1,081,023 | -3.1% |
| 2027 | ~$51,998,016 | ~$51,998,016 | ~1.9814% | ~$1,030,282 | -6.2% |
| 2028 | ~$50,371,420 | ~$50,371,420 | ~1.9488% | ~$981,658 | -9.1% |
| 2029 | ~$48,795,707 | ~$48,795,707 | ~1.9163% | ~$935,068 | -11.9% |
| 2030 | ~$47,269,285 | ~$47,269,285 | ~1.8837% | ~$890,432 | -14.7% |
| 2026 | ~$52,639,958 | ~$52,639,958 | ~2.0465% | ~$1,077,269 | -5.0% |
| 2027 | ~$50,007,960 | ~$50,007,960 | ~2.0465% | ~$1,023,405 | -9.8% |
| 2028 | ~$47,507,562 | ~$47,507,562 | ~2.0465% | ~$972,235 | -14.3% |
| 2029 | ~$45,132,184 | ~$45,132,184 | ~2.0465% | ~$923,623 | -18.5% |
| 2030 | ~$42,875,575 | ~$42,875,575 | ~2.0465% | ~$877,442 | -22.6% |
| 2026 | ~$54,785,347 | ~$54,785,347 | ~1.9977% | ~$1,094,426 | -1.1% |
| 2027 | ~$54,167,265 | ~$54,167,265 | ~1.9488% | ~$1,055,633 | -2.2% |
| 2028 | ~$53,556,157 | ~$53,556,157 | ~1.9000% | ~$1,017,576 | -3.3% |
| 2029 | ~$52,951,942 | ~$52,951,942 | ~1.8512% | ~$980,243 | -4.4% |
| 2030 | ~$52,354,545 | ~$52,354,545 | ~1.8024% | ~$943,623 | -5.5% |
In 2025, this property's market value of $55,410,482 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 107× 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 | $55,410,482 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $54,431,714 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $51,750,000 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $55,600,000 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $62,921,960 | $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.