924 E DEAN KEETON ST TX 78705
| Owner | 924 DEAN KEETON INVESTORS LTD |
|---|---|
| Parcel ID | 0214070619 |
| Short ID | 206934 |
| Type | Real |
| Use Code | 05 Apartment 5–25 Units |
| Valuation | Income |
| Improvement SF | 9,166 SF |
| Land SF | 24,154 SF |
| Acres | 0.554 |
| Year Built | 1967 |
| Legal | TRT 1 *15900SF OF & PT VAC ST OLT 23 DIV C COMANCHE ADDN LOT 5-7 BLK 3 *W53' AV OF FELLMAN HEIGHTS & 2727 SF OF VAC ALLEY |
| Neighborhood | 05WC1 |
| Land | $3,441,945 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $3,441,945 |
| Improvement | $107,114 |
|---|---|
| Total Improvement | $107,114 |
| Market | $3,549,059 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $3,549,059 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $3,549,059 |
| Taxable Value | $3,549,059 |
|---|
Appreciation: Market value has risen +58.0% from $2,245,670 (2021) to $3,549,059 (2025), a CAGR of 12.1% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2023→2024), 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 $72,631. 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 97% of market value ($3,441,945 land vs $107,114 improvements), about $142/SF of land. With value concentrated in the land under a ~59-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 $3,549,059, 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 +12.1% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $6,288,866 by 2030, with an estimated annual tax burden around $107,671. 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.
14 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 9,280 SF | ✗ |
| 1ST | 1st Floor | 4,583 SF | ✓ |
| 2ND | 2nd Floor | 4,583 SF | ✓ |
| SO | Sketch Only | 1,644 SF | ✗ |
| 591 | MASONRY TRIM SF | 875 SF | ✗ |
| 011C | PORCH OPEN 1ST COMM | 822 SF | ✗ |
| 012C | PORCH OPEN 2 COMM | 822 SF | ✗ |
| 581C | STORAGE ATT COMM | 231 SF | ✓ |
| 132 | PLBG 5-FIXT AVG | 1 SF | ✓ |
| 142 | BATHTUB AVG | 1 SF | ✓ |
| 152 | COMMODE AVG | 1 SF | ✓ |
| 162 | LAVATORY AVG | 1 SF | ✓ |
| 192 | WATER HTR AVG | 1 SF | ✓ |
| 413 | STAIRWAY EXT | 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% | $32,835.89 | $32,835.89 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $18,597.67 | $18,597.67 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $13,338.96 | $13,338.96 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $4,188.71 | $4,188.71 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $3,669.73 | $3,669.73 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $72,630.96 | $72,630.96 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $3,549,059 | $3,549,059 | +0.0% |
| Assessed Value | $3,549,059 | $3,549,059 | +0.0% |
| Land Value | $3,623,100 | $3,441,945 | +5.3% |
| Improvement Value | — | $107,114 | — |
| Taxable Value | $3,549,059 | $3,549,059 | +0.0% |
| Total Tax 2026 = estimate |
~$72,631
Estimated
|
~$72,631
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $3,549,059 | $3,549,059 | +0 (+0.0%) |
| Taxable Value | $3,549,059 | $3,549,059 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $3,549,059 | $3,623,100 | — | — | $3,549,059 | $3,549,059 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $3,549,059 | $3,441,945 | $107,114 | — | $3,549,059 | $3,549,059 | ~$72,631 | Partial |
| 2024 | $3,660,534 | — | — | −$218,589 | $3,441,945 | $— | $72,414 | Verified |
| 2023 | $2,428,990 | — | — | — | $3,441,945 ! | $— | $66,228 | Verified |
| 2022 | $2,245,670 | — | — | −$192,580 | $2,053,090 | $— | $47,971 | Verified |
| 2021 | $2,245,670 | — | — | −$192,580 | $2,053,090 | $— | $48,881 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2025 | -2.9% | -2.9% | ~100% | Not available | Partial |
| 2024 | -0.2% | -0.2% | ~100% | 1.9800% | Verified |
| 2023 | +50.7% | +50.7% | ~100% | 1.8100% | Verified |
| 2022 | +8.2% | +8.2% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +58.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +11.2% | +12.1% | +50.7% | 2024 | -3.0% | 2025 |
| Assessment Ratio | 100.0% | 103.1% | — | 141.7% | 2023 | 91.4% | 2021 |
| 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 |
$72,631 | $61,625 | ~$92,603 | $72,631 | 2025 | $47,971 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$3,979,285 | ~$3,903,965 | ~2.0139% | ~$78,623 | +12.1% |
| 2027 | ~$4,461,664 | ~$4,294,361 | ~1.9814% | ~$85,088 | +25.7% |
| 2028 | ~$5,002,518 | ~$4,723,798 | ~1.9488% | ~$92,059 | +41.0% |
| 2029 | ~$5,608,936 | ~$5,196,177 | ~1.9163% | ~$99,574 | +58.0% |
| 2030 | ~$6,288,866 | ~$5,715,795 | ~1.8837% | ~$107,671 | +77.2% |
| 2026 | ~$3,908,304 | ~$3,903,965 | ~2.0465% | ~$79,894 | +10.1% |
| 2027 | ~$4,303,912 | ~$4,294,361 | ~2.0465% | ~$87,883 | +21.3% |
| 2028 | ~$4,739,565 | ~$4,723,798 | ~2.0465% | ~$96,672 | +33.5% |
| 2029 | ~$5,219,316 | ~$5,196,177 | ~2.0465% | ~$106,339 | +47.1% |
| 2030 | ~$5,747,628 | ~$5,715,795 | ~2.0465% | ~$116,973 | +61.9% |
| 2026 | ~$4,050,266 | ~$3,903,965 | ~1.9977% | ~$77,988 | +14.1% |
| 2027 | ~$4,622,255 | ~$4,294,361 | ~1.9488% | ~$83,690 | +30.2% |
| 2028 | ~$5,275,022 | ~$4,723,798 | ~1.9000% | ~$89,753 | +48.6% |
| 2029 | ~$6,019,974 | ~$5,196,177 | ~1.8512% | ~$96,191 | +69.6% |
| 2030 | ~$6,870,130 | ~$5,715,795 | ~1.8024% | ~$103,020 | +93.6% |
In 2025, this property's market value of $3,549,059 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 7× 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 | $3,549,059 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $3,660,534 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $2,428,990 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $2,245,670 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $2,245,670 | $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.