2900 COLE ST TX 78705
| Owner | MARZANO ENTERPRISES LLC |
|---|---|
| Parcel ID | 0214070220 |
| Short ID | 206888 |
| Type | Real |
| Use Code | 05 Apartment 5–25 Units |
| Valuation | Income |
| Improvement SF | 19,015 SF |
| Land SF | 18,630 SF |
| Acres | 0.428 |
| Year Built | 1968 |
| Legal | LOT 10-12 OLT 23 DIV C FISCHER ADDN |
| Neighborhood | 05WC1 |
| Land | $2,794,500 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,794,500 |
| Improvement | $2,748,550 |
|---|---|
| Total Improvement | $2,748,550 |
| Market | $5,543,050 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $5,543,050 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $5,543,050 |
| Taxable Value | $5,543,050 |
|---|
Appreciation: Market value has risen +10.0% from $5,038,975 (2021) to $5,543,050 (2025), a CAGR of 2.4% over 4 years. Growth has been relatively flat for this asset class. 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 $113,438. 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 50% of market value ($2,794,500 land vs $2,748,550 improvements), about $150/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $5,543,050, 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 +2.4% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $6,244,635 by 2030, with an estimated annual tax burden around $117,633. 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.
13 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 2ND | 2nd Floor | 8,070 SF | ✓ |
| 3RD | 3rd Floor | 8,070 SF | ✓ |
| 487 | PARKING UNDER | 6,110 SF | ✓ |
| 1ST | 1st Floor | 2,875 SF | ✓ |
| 551 | PAVED AREA | 2,000 SF | ✗ |
| 013C | PORCH OPEN 3 COMM | 1,499 SF | ✗ |
| 012C | PORCH OPEN 2 COMM | 1,485 SF | ✗ |
| SO | Sketch Only | 1,214 SF | ✗ |
| 601 | POOL COMM'L | 800 SF | ✗ |
| 011C | PORCH OPEN 1ST COMM | 794 SF | ✗ |
| 581C | STORAGE ATT COMM | 420 SF | ✓ |
| 132 | PLBG 5-FIXT AVG | 1 SF | ✓ |
| 269 | OBS RANGE DRP-IN | 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% | $49,545.85 | $49,545.85 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $28,061.90 | $28,061.90 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $20,127.06 | $20,127.06 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $6,320.31 | $6,320.31 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $5,537.23 | $5,537.23 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $109,592.35 | $109,592.35 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $5,167,250 | $5,543,050 | -6.8% |
| Assessed Value | $5,167,250 | $5,543,050 | -6.8% |
| Land Value | $2,794,500 | $2,794,500 | +0.0% |
| Improvement Value | $2,372,750 | $2,748,550 | -13.7% |
| Taxable Value | $5,167,250 | $5,543,050 | -6.8% |
| Total Tax 2026 = estimate |
~$105,747
Estimated
|
~$109,592
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $5,167,250 | $5,167,250 | +0 (+0.0%) |
| Taxable Value | $5,167,250 | $5,167,250 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $5,167,250 | $2,794,500 | $2,372,750 | — | $5,167,250 | $5,167,250 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $5,543,050 | $2,794,500 | $2,748,550 | — | $5,543,050 | $5,543,050 | ~$109,592 | Partial |
| 2024 | $5,073,300 | — | — | −$2,278,800 | $2,794,500 | $— | $104,267 | Verified |
| 2023 | $4,740,000 | — | — | −$1,945,500 | $2,794,500 | $— | $91,789 | Verified |
| 2022 | $4,740,000 | — | — | −$3,529,050 | $1,210,950 | $— | $93,611 | Verified |
| 2021 | $5,038,975 | — | — | −$3,828,025 | $1,210,950 | $— | $103,175 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -6.8% | -6.8% | ~100% | Not available | Partial |
| 2025 | +5.4% | +5.4% | ~100% | Not available | Partial |
| 2024 | +3.7% | +3.7% | ~100% | 1.9800% | Verified |
| 2023 | +7.0% | +7.0% | ~100% | 1.8100% | Verified |
| 2022 | -12.5% | -12.5% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.0500% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +2.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -6.8% | +0.7% | +3.9% | +9.3% | 2025 | -6.8% | 2026 |
| Assessment Ratio | 100.0% | 60.6% | — | 100.0% | 2025 | 24.0% | 2021 |
| Effective Tax Rate (2025) | 1.9800% | 1.9800% | — | 1.9800% | 2025 | 1.9800% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$109,592 | $100,487 | ~$116,006 | $109,592 | 2025 | $91,789 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$5,676,759 | ~$5,676,759 | ~2.0139% | ~$114,326 | +2.4% |
| 2027 | ~$5,813,693 | ~$5,813,693 | ~1.9814% | ~$115,192 | +4.9% |
| 2028 | ~$5,953,930 | ~$5,953,930 | ~1.9488% | ~$116,033 | +7.4% |
| 2029 | ~$6,097,550 | ~$6,097,550 | ~1.9163% | ~$116,847 | +10.0% |
| 2030 | ~$6,244,635 | ~$6,244,635 | ~1.8837% | ~$117,633 | +12.7% |
| 2026 | ~$5,565,898 | ~$5,565,898 | ~2.0465% | ~$113,905 | +0.4% |
| 2027 | ~$5,588,840 | ~$5,588,840 | ~2.0465% | ~$114,375 | +0.8% |
| 2028 | ~$5,611,876 | ~$5,611,876 | ~2.0465% | ~$114,846 | +1.2% |
| 2029 | ~$5,635,008 | ~$5,635,008 | ~2.0465% | ~$115,320 | +1.7% |
| 2030 | ~$5,658,235 | ~$5,658,235 | ~2.0465% | ~$115,795 | +2.1% |
| 2026 | ~$5,787,620 | ~$5,787,620 | ~1.9977% | ~$115,617 | +4.4% |
| 2027 | ~$6,042,981 | ~$6,042,981 | ~1.9488% | ~$117,768 | +9.0% |
| 2028 | ~$6,309,608 | ~$6,309,608 | ~1.9000% | ~$119,884 | +13.8% |
| 2029 | ~$6,588,000 | ~$6,588,000 | ~1.8512% | ~$121,957 | +18.9% |
| 2030 | ~$6,878,675 | ~$6,878,675 | ~1.8024% | ~$123,979 | +24.1% |
In 2025, this property's market value of $5,543,050 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 11× 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 | $5,543,050 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $5,073,300 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $4,740,000 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $4,740,000 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $5,038,975 | $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.