301 E 32 ST TX 78705
| Owner | THAKKAR VIJAY |
|---|---|
| Parcel ID | 0215050202 |
| Short ID | 208414 |
| Type | Real |
| Use Code | 04 Fourplex |
| Valuation | Income |
| Improvement SF | 2,764 SF |
| Land SF | 7,617 SF |
| Acres | 0.175 |
| Year Built | 1937 |
| Legal | LOT 15 SPEEDWAY HEIGHTS |
| Neighborhood | Z50005 |
| Land | $568,552 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $568,552 |
| Improvement | $443,356 |
|---|---|
| Total Improvement | $443,356 |
| Market | $1,011,908 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,011,908 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,011,908 |
| Taxable Value | $1,011,908 |
|---|
Appreciation: Market value has risen +69.0% from $598,800 (2021) to $1,011,908 (2025), a CAGR of 14.0% 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 $20,709. 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 56% of market value ($568,552 land vs $443,356 improvements), about $75/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $1,011,908, 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 +14.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,949,688 by 2030, with an estimated annual tax burden around $30,699. 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.
7 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 095 | HVAC RESIDENTIAL | 2,764 SF | ✗ |
| 1ST | 1st Floor | 1,394 SF | ✓ |
| 2ND | 2nd Floor | 1,370 SF | ✓ |
| 031 | GARAGE DET 1ST F | 684 SF | ✓ |
| 011 | PORCH OPEN 1ST F | 9 SF | ✗ |
| 252 | BEDROOMS | 6 SF | ✓ |
| 251 | BATHROOM | 6 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% | $9,362.17 | $9,362.17 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $5,302.57 | $5,302.57 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,803.21 | $3,803.21 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,194.28 | $1,194.28 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,046.31 | $1,046.31 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $20,708.54 | $20,708.54 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,101,000 | $1,011,908 | +8.8% |
| Assessed Value | $1,101,000 | $1,011,908 | +8.8% |
| Land Value | $568,552 | $568,552 | +0.0% |
| Improvement Value | $532,448 | $443,356 | +20.1% |
| Taxable Value | $1,101,000 | $1,011,908 | +8.8% |
| Total Tax 2026 = estimate |
~$22,532
Estimated
|
~$20,709
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,101,000 | $1,101,000 | +0 (+0.0%) |
| Taxable Value | $1,101,000 | $1,101,000 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,101,000 | $568,552 | $532,448 | — | $1,101,000 | $1,101,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,011,908 | $568,552 | $443,356 | — | $1,011,908 | $1,011,908 | ~$20,709 | Partial |
| 2024 | $1,042,380 | — | — | −$442,380 | $600,000 | $— | $18,874 | Verified |
| 2023 | $1,108,915 | — | — | −$683,915 | $425,000 | $— | $18,859 | Verified |
| 2022 | $842,472 | — | — | −$417,472 | $425,000 | $— | $21,900 | Verified |
| 2021 | $598,800 | — | — | −$173,800 | $425,000 | $— | $18,338 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +8.8% | +8.8% | ~100% | Not available | Partial |
| 2025 | +6.3% | +6.3% | ~100% | Not available | Partial |
| 2024 | -8.6% | -8.6% | ~100% | 1.9800% | Verified |
| 2023 | -6.0% | -6.0% | ~100% | 1.8100% | Verified |
| 2022 | +31.6% | +31.6% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 3.0600% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +20.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +8.8% | +14.4% | +12.2% | +40.7% | 2022 | -6.0% | 2024 |
| Assessment Ratio | 100.0% | 69.5% | — | 100.0% | 2025 | 38.3% | 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 |
$20,709 | $19,736 | ~$26,403 | $21,900 | 2022 | $18,338 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,153,734 | ~$1,113,099 | ~2.0139% | ~$22,417 | +14.0% |
| 2027 | ~$1,315,439 | ~$1,224,409 | ~1.9814% | ~$24,260 | +30.0% |
| 2028 | ~$1,499,807 | ~$1,346,850 | ~1.9488% | ~$26,248 | +48.2% |
| 2029 | ~$1,710,016 | ~$1,481,535 | ~1.9163% | ~$28,391 | +69.0% |
| 2030 | ~$1,949,688 | ~$1,629,688 | ~1.8837% | ~$30,699 | +92.7% |
| 2026 | ~$1,133,496 | ~$1,113,099 | ~2.0465% | ~$22,779 | +12.0% |
| 2027 | ~$1,269,694 | ~$1,224,409 | ~2.0465% | ~$25,057 | +25.5% |
| 2028 | ~$1,422,257 | ~$1,346,850 | ~2.0465% | ~$27,563 | +40.6% |
| 2029 | ~$1,593,152 | ~$1,481,535 | ~2.0465% | ~$30,319 | +57.4% |
| 2030 | ~$1,784,581 | ~$1,629,688 | ~2.0465% | ~$33,351 | +76.4% |
| 2026 | ~$1,173,973 | ~$1,113,099 | ~1.9977% | ~$22,236 | +16.0% |
| 2027 | ~$1,361,993 | ~$1,224,409 | ~1.9488% | ~$23,862 | +34.6% |
| 2028 | ~$1,580,126 | ~$1,346,850 | ~1.9000% | ~$25,590 | +56.2% |
| 2029 | ~$1,833,195 | ~$1,481,535 | ~1.8512% | ~$27,426 | +81.2% |
| 2030 | ~$2,126,795 | ~$1,629,688 | ~1.8024% | ~$29,373 | +110.2% |
In 2025, this property's market value of $1,011,908 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — +95% 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 | $1,011,908 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $1,042,380 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $1,108,915 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $842,472 | $506,618 | $615,058 | $906,429 | ↑ Above median | +39.1% |
| 2021 | $598,800 | $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.