304 1/2 E 30 ST TX 78705
| Owner | TXNC INC |
|---|---|
| Parcel ID | 0215050421 |
| Short ID | 208477 |
| Type | Real |
| Use Code | 05 Apartment 5–25 Units |
| Valuation | Income |
| Improvement SF | 6,112 SF |
| Land SF | 7,495 SF |
| Acres | 0.172 |
| Year Built | 2010 |
| Legal | 0.1721 AC OF LOT 18 BLK 1 DIV D GROOMS ADDN |
| Neighborhood | 05WC1 |
| Land | $749,500 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $749,500 |
| Improvement | $1,930,500 |
|---|---|
| Total Improvement | $1,930,500 |
| Market | $2,680,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,680,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $2,680,000 |
| Taxable Value | $2,680,000 |
|---|
Appreciation: Market value has risen +27.1% from $2,108,310 (2021) to $2,680,000 (2025), a CAGR of 6.2% over 4 years. This represents moderate, steady growth. 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 $54,846. 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 28% of market value ($749,500 land vs $1,930,500 improvements), about $100/SF of land. Most value sits in the improvements, so building condition, age (~16 yrs), and rent roll drive the underwriting.
Submarket Position: At $2,680,000, 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 +6.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $3,617,306 by 2030, with an estimated annual tax burden around $68,141. 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 |
|---|---|---|---|
| 040C | GARAGE BLW GRADE COMM | 3,576 SF | ✓ |
| 2ND | 2nd Floor | 2,906 SF | ✓ |
| 3RD | 3rd Floor | 2,906 SF | ✓ |
| 551 | PAVED AREA | 2,000 SF | ✗ |
| 501 | CANOPY | 980 SF | ✗ |
| 512C | DECK UNCOVRED COMM | 975 SF | ✗ |
| 612C | TERRACE UNCOVERD COMM | 792 SF | ✗ |
| 4TH | 4th Floor | 689 SF | ✓ |
| 011C | PORCH OPEN 1ST COMM | 324 SF | ✗ |
| 012C | PORCH OPEN 2 COMM | 324 SF | ✗ |
| 013C | PORCH OPEN 3 COMM | 324 SF | ✗ |
| 014C | PORCH OPEN 4 COMM | 324 SF | ✗ |
| 1ST | 1st Floor | 300 SF | ✓ |
| 132 | PLBG 5-FIXT AVG | 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% | $24,795.36 | $24,795.36 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $14,043.66 | $14,043.66 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $10,072.65 | $10,072.65 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $3,163.02 | $3,163.02 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,771.12 | $2,771.12 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $54,845.81 | $54,845.81 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,720,400 | $2,680,000 | +1.5% |
| Assessed Value | $2,720,400 | $2,680,000 | +1.5% |
| Land Value | $749,500 | $749,500 | +0.0% |
| Improvement Value | $1,970,900 | $1,930,500 | +2.1% |
| Taxable Value | $2,720,400 | $2,680,000 | +1.5% |
| Total Tax 2026 = estimate |
~$55,673
Estimated
|
~$54,846
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $2,720,400 | $2,720,400 | +0 (+0.0%) |
| Taxable Value | $2,720,400 | $2,720,400 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,720,400 | $749,500 | $1,970,900 | — | $2,720,400 | $2,720,400 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $2,680,000 | $749,500 | $1,930,500 | — | $2,680,000 | $2,680,000 | ~$54,846 | Partial |
| 2024 | $2,244,330 | — | — | −$1,494,830 | $749,500 | $— | $48,522 | Verified |
| 2023 | $2,142,315 | — | — | −$1,392,815 | $749,500 | $— | $40,605 | Verified |
| 2022 | $2,103,168 | — | — | −$1,541,043 | $562,125 | $— | $42,309 | Verified |
| 2021 | $2,108,310 | — | — | −$1,546,185 | $562,125 | $— | $45,779 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +1.5% | +1.5% | ~100% | Not available | Partial |
| 2025 | +9.5% | +9.5% | ~100% | Not available | Partial |
| 2024 | +9.1% | +9.1% | ~100% | 1.9800% | Verified |
| 2023 | +4.8% | +4.8% | ~100% | 1.8100% | Verified |
| 2022 | +1.9% | +1.9% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1700% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +27.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +1.5% | +5.5% | +5.9% | +19.4% | 2025 | -0.2% | 2022 |
| Assessment Ratio | 100.0% | 53.6% | — | 100.0% | 2025 | 26.7% | 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 |
$54,846 | $46,412 | ~$62,626 | $54,846 | 2025 | $40,605 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,845,672 | ~$2,845,672 | ~2.0139% | ~$57,310 | +6.2% |
| 2027 | ~$3,021,586 | ~$3,021,586 | ~1.9814% | ~$59,869 | +12.7% |
| 2028 | ~$3,208,374 | ~$3,208,374 | ~1.9488% | ~$62,526 | +19.7% |
| 2029 | ~$3,406,710 | ~$3,406,710 | ~1.9163% | ~$65,282 | +27.1% |
| 2030 | ~$3,617,306 | ~$3,617,306 | ~1.8837% | ~$68,141 | +35.0% |
| 2026 | ~$2,792,072 | ~$2,792,072 | ~2.0465% | ~$57,139 | +4.2% |
| 2027 | ~$2,908,831 | ~$2,908,831 | ~2.0465% | ~$59,529 | +8.5% |
| 2028 | ~$3,030,473 | ~$3,030,473 | ~2.0465% | ~$62,018 | +13.1% |
| 2029 | ~$3,157,201 | ~$3,157,201 | ~2.0465% | ~$64,612 | +17.8% |
| 2030 | ~$3,289,229 | ~$3,289,229 | ~2.0465% | ~$67,314 | +22.7% |
| 2026 | ~$2,899,272 | ~$2,899,272 | ~1.9977% | ~$57,918 | +8.2% |
| 2027 | ~$3,136,485 | ~$3,136,485 | ~1.9488% | ~$61,125 | +17.0% |
| 2028 | ~$3,393,106 | ~$3,393,106 | ~1.9000% | ~$64,470 | +26.6% |
| 2029 | ~$3,670,723 | ~$3,670,723 | ~1.8512% | ~$67,952 | +37.0% |
| 2030 | ~$3,971,054 | ~$3,971,054 | ~1.8024% | ~$71,573 | +48.2% |
In 2025, this property's market value of $2,680,000 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 5× 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 | $2,680,000 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $2,244,330 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $2,142,315 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $2,103,168 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $2,108,310 | $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.