2908 COLE ST TX 78705
| Owner | DC+CJ HOLDINGS LP |
|---|---|
| Parcel ID | 0214070211 |
| Short ID | 206885 |
| Type | Real |
| Use Code | 02 Duplex |
| Valuation | Cost |
| Improvement SF | 6,489 SF |
| Land SF | 6,458 SF |
| Acres | 0.148 |
| Year Built | 2020 |
| Legal | LOT 14 OLT 23 DIV C FISCHER ADDN |
| Neighborhood | Z6709 |
| Land | $533,022 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $533,022 |
| Improvement | $840,859 |
|---|---|
| Total Improvement | $840,859 |
| Market | $1,373,881 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,373,881 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,373,881 |
| Taxable Value | $1,373,881 |
|---|
Appreciation: Market value has risen +332.4% from $317,700 (2021) to $1,373,881 (2025), a CAGR of 44.2% 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 $28,116. 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 cost approach, tied more to replacement cost and physical condition than to income performance.
Value Composition: Land carries 39% of market value ($533,022 land vs $840,859 improvements), about $83/SF of land. Most value sits in the improvements, so building condition, age (~6 yrs), and rent roll drive the underwriting.
Submarket Position: At $1,373,881, 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 +44.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $8,567,695 by 2030, with an estimated annual tax burden around $41,681. 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 |
|---|---|---|---|
| 095 | HVAC RESIDENTIAL | 6,489 SF | ✗ |
| 3RD | 3rd Floor | 2,819 SF | ✓ |
| 2ND | 2nd Floor | 2,702 SF | ✓ |
| 1ST | 1st Floor | 968 SF | ✓ |
| 041 | GARAGE ATT 1ST F | 722 SF | ✓ |
| 061 | CARPORT ATT 1ST | 646 SF | ✗ |
| 012 | PORCH OPEN 2ND F | 231 SF | ✗ |
| 011 | PORCH OPEN 1ST F | 201 SF | ✗ |
| 252 | BEDROOMS | 3 SF | ✓ |
| 251 | BATHROOM | 2 SF | ✓ |
| 250 | HALF BATHROOM | 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% | $12,711.15 | $12,711.15 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $7,199.37 | $7,199.37 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $5,163.66 | $5,163.66 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,621.50 | $1,621.50 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,420.59 | $1,420.59 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $28,116.27 | $28,116.27 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,373,881 | $1,373,881 | +0.0% |
| Assessed Value | $1,373,881 | $1,373,881 | +0.0% |
| Land Value | $331,044 | $533,022 | -37.9% |
| Improvement Value | $1,042,837 | $840,859 | +24.0% |
| Taxable Value | $1,373,881 | $1,373,881 | +0.0% |
| Total Tax 2026 = estimate |
~$28,116
Estimated
|
~$28,116
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,373,881 | $1,373,881 | +0 (+0.0%) |
| Taxable Value | $1,373,881 | $1,373,881 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,373,881 | $331,044 | $1,042,837 | — | $1,373,881 | $1,373,881 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,373,881 | $533,022 | $840,859 | — | $1,373,881 | $1,373,881 | ~$28,116 | Partial |
| 2024 | $2,215,936 | — | — | −$1,465,936 | $750,000 | $— | $28,690 | Verified |
| 2023 | $2,366,640 | — | — | −$1,616,640 | $750,000 | $— | $40,092 | Verified |
| 2022 | $1,878,167 | — | — | −$1,128,167 | $750,000 | $— | $46,739 | Verified |
| 2021 | $317,700 | — | — | — | $325,000 ! | $— | $41,628 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2025 | -5.1% | -5.1% | ~100% | Not available | Partial |
| 2024 | -34.7% | -34.7% | ~100% | 1.9800% | Verified |
| 2023 | -6.4% | -6.4% | ~100% | 1.8100% | Verified |
| 2022 | -8.6% | -8.6% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 13.1000% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -47.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +94.6% | +44.2% | +491.2% | 2022 | -38.0% | 2025 |
| Assessment Ratio | 100.0% | 68.0% | — | 102.3% | 2021 | 31.7% | 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 |
$28,116 | $37,053 | ~$35,848 | $46,739 | 2022 | $28,116 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,981,217 | ~$1,511,269 | ~2.0139% | ~$30,436 | +44.2% |
| 2027 | ~$2,857,032 | ~$1,662,396 | ~1.9814% | ~$32,939 | +108.0% |
| 2028 | ~$4,120,008 | ~$1,828,636 | ~1.9488% | ~$35,637 | +199.9% |
| 2029 | ~$5,941,294 | ~$2,011,499 | ~1.9163% | ~$38,546 | +332.4% |
| 2030 | ~$8,567,695 | ~$2,212,649 | ~1.8837% | ~$41,681 | +523.6% |
| 2026 | ~$1,953,740 | ~$1,511,269 | ~2.0465% | ~$30,928 | +42.2% |
| 2027 | ~$2,778,333 | ~$1,662,396 | ~2.0465% | ~$34,021 | +102.2% |
| 2028 | ~$3,950,952 | ~$1,828,636 | ~2.0465% | ~$37,423 | +187.6% |
| 2029 | ~$5,618,487 | ~$2,011,499 | ~2.0465% | ~$41,165 | +309.0% |
| 2030 | ~$7,989,819 | ~$2,212,649 | ~2.0465% | ~$45,282 | +481.6% |
| 2026 | ~$2,008,695 | ~$1,511,269 | ~1.9977% | ~$30,190 | +46.2% |
| 2027 | ~$2,936,830 | ~$1,662,396 | ~1.9488% | ~$32,397 | +113.8% |
| 2028 | ~$4,293,818 | ~$1,828,636 | ~1.9000% | ~$34,744 | +212.5% |
| 2029 | ~$6,277,815 | ~$2,011,499 | ~1.8512% | ~$37,237 | +356.9% |
| 2030 | ~$9,178,535 | ~$2,212,649 | ~1.8024% | ~$39,880 | +568.1% |
In 2025, this property's market value of $1,373,881 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — +164% 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 | $1,373,881 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $2,215,936 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $2,366,640 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $1,878,167 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $317,700 | $300,453 | $376,850 | $539,896 | ↓ Below 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.