3305 LAFAYETTE AVE TX 78722
| Owner | 3305 LAFAYETTE SERIES |
|---|---|
| Parcel ID | 0214110203 |
| Short ID | 207135 |
| Type | Real |
| Use Code | 02 Duplex |
| Valuation | Cost |
| Improvement SF | 3,031 SF |
| Land SF | 9,070 SF |
| Acres | 0.208 |
| Year Built | 2013 |
| Legal | LOT 3 BLK 1 OLT 30 DIV C UPLAND ADDN |
| Neighborhood | D2005 |
| Land | $368,723 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $368,723 |
| Improvement | $590,035 |
|---|---|
| Total Improvement | $590,035 |
| Market | $958,758 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $958,758 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $958,758 |
| Taxable Value | $958,758 |
|---|
Appreciation: Market value has risen +40.7% from $681,400 (2021) to $958,758 (2025), a CAGR of 8.9% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2022→2023), 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 $19,621. 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 38% of market value ($368,723 land vs $590,035 improvements), about $41/SF of land. Most value sits in the improvements, so building condition, age (~13 yrs), and rent roll drive the underwriting.
Submarket Position: At $958,758, 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 +8.9% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,469,239 by 2030, with an estimated annual tax burden around $27,677. 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 | 3,031 SF | ✗ |
| 2ND | 2nd Floor | 1,880 SF | ✓ |
| 1ST | 1st Floor | 1,151 SF | ✓ |
| 041 | GARAGE ATT 1ST F | 634 SF | ✓ |
| 512 | DECK UNCOVRED | 452 SF | ✗ |
| 011 | PORCH OPEN 1ST F | 275 SF | ✗ |
| 012 | PORCH OPEN 2ND F | 130 SF | ✗ |
| 581 | STORAGE ATT | 104 SF | ✓ |
| 251 | BATHROOM | 4 SF | ✓ |
| 252 | BEDROOMS | 4 SF | ✓ |
| 250 | HALF BATHROOM | 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% | $8,870.43 | $8,870.43 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $5,024.05 | $5,024.05 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,603.44 | $3,603.44 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,131.55 | $1,131.55 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $991.36 | $991.36 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $19,620.83 | $19,620.83 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $758,000 | $958,758 | -20.9% |
| Assessed Value | $758,000 | $958,758 | -20.9% |
| Land Value | $237,036 | $368,723 | -35.7% |
| Improvement Value | $520,964 | $590,035 | -11.7% |
| Taxable Value | $758,000 | $958,758 | -20.9% |
| Total Tax 2026 = estimate |
~$15,512
Estimated
|
~$19,621
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $758,000 | $758,000 | +0 (+0.0%) |
| Taxable Value | $758,000 | $758,000 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $758,000 | $237,036 | $520,964 | — | $758,000 | $758,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $958,758 | $368,723 | $590,035 | — | $958,758 | $958,758 | ~$19,621 | Partial |
| 2024 | $1,092,000 | — | — | −$645,750 | $446,250 | $— | $20,594 | Verified |
| 2023 | $1,342,442 | — | — | −$896,192 | $446,250 | $— | $20,028 | Verified |
| 2022 | $846,300 | — | — | −$400,050 | $446,250 | $— | $26,512 | Verified |
| 2021 | $681,400 | — | — | −$392,650 | $288,750 | $— | $18,421 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -20.9% | -20.9% | ~100% | Not available | Partial |
| 2025 | -18.2% | -18.2% | ~100% | Not available | Partial |
| 2024 | -14.3% | -14.3% | ~100% | 1.7600% | Verified |
| 2023 | +1.8% | +1.8% | ~100% | 1.4700% | Verified |
| 2022 | +58.6% | +58.6% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.7000% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +13.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -20.9% | +6.2% | +14.7% | +58.6% | 2023 | -20.9% | 2026 |
| Assessment Ratio | 100.0% | 61.5% | — | 100.0% | 2025 | 33.2% | 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 |
$19,621 | $21,035 | ~$24,246 | $26,512 | 2022 | $18,421 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,044,205 | ~$1,044,205 | ~2.0139% | ~$21,030 | +8.9% |
| 2027 | ~$1,137,267 | ~$1,137,267 | ~1.9814% | ~$22,534 | +18.6% |
| 2028 | ~$1,238,623 | ~$1,238,623 | ~1.9488% | ~$24,139 | +29.2% |
| 2029 | ~$1,349,012 | ~$1,349,012 | ~1.9163% | ~$25,851 | +40.7% |
| 2030 | ~$1,469,239 | ~$1,469,239 | ~1.8837% | ~$27,677 | +53.2% |
| 2026 | ~$1,025,030 | ~$1,025,030 | ~2.0465% | ~$20,977 | +6.9% |
| 2027 | ~$1,095,882 | ~$1,095,882 | ~2.0465% | ~$22,427 | +14.3% |
| 2028 | ~$1,171,632 | ~$1,171,632 | ~2.0465% | ~$23,977 | +22.2% |
| 2029 | ~$1,252,619 | ~$1,252,619 | ~2.0465% | ~$25,635 | +30.7% |
| 2030 | ~$1,339,203 | ~$1,339,203 | ~2.0465% | ~$27,407 | +39.7% |
| 2026 | ~$1,063,380 | ~$1,054,634 | ~1.9977% | ~$21,068 | +10.9% |
| 2027 | ~$1,179,419 | ~$1,160,097 | ~1.9488% | ~$22,608 | +23.0% |
| 2028 | ~$1,308,120 | ~$1,276,107 | ~1.9000% | ~$24,246 | +36.4% |
| 2029 | ~$1,450,865 | ~$1,403,718 | ~1.8512% | ~$25,986 | +51.3% |
| 2030 | ~$1,609,187 | ~$1,544,089 | ~1.8024% | ~$27,830 | +67.8% |
In 2025, this property's market value of $958,758 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 | $958,758 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $1,092,000 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $1,342,442 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $846,300 | $506,618 | $615,058 | $906,429 | ↑ Above median | +39.1% |
| 2021 | $681,400 | $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.