3119 TOM GREEN ST TX 78705
| Owner | SERENA PROPERTIES LLC |
|---|---|
| Parcel ID | 0215050608 |
| Short ID | 208532 |
| Type | Real |
| Use Code | 05 Apartment 5–25 Units |
| Valuation | Income |
| Improvement SF | 4,298 SF |
| Land SF | 9,720 SF |
| Acres | 0.223 |
| Year Built | 1966 |
| Legal | LOT 40 SPEEDWAY HEIGHTS |
| Neighborhood | 05WC1 |
| Land | $972,000 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $972,000 |
| Improvement | $398,000 |
|---|---|
| Total Improvement | $398,000 |
| Market | $1,370,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,370,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,370,000 |
| Taxable Value | $1,370,000 |
|---|
Appreciation: Market value has risen +35.6% from $1,010,030 (2021) to $1,370,000 (2025), a CAGR of 7.9% over 4 years. This represents moderate, steady growth. 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 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 $28,037. 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 71% of market value ($972,000 land vs $398,000 improvements), about $100/SF of land. With value concentrated in the land under a ~60-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 $1,370,000, 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 +7.9% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,005,411 by 2030, with an estimated annual tax burden around $37,777. 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.
10 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 2,720 SF | ✗ |
| 2ND | 2nd Floor | 2,165 SF | ✓ |
| 1ST | 1st Floor | 2,133 SF | ✓ |
| 011C | PORCH OPEN 1ST COMM | 176 SF | ✗ |
| 012C | PORCH OPEN 2 COMM | 120 SF | ✗ |
| SO | Sketch Only | 102 SF | ✗ |
| 581C | STORAGE ATT COMM | 48 SF | ✓ |
| 251 | BATHROOM | 8 SF | ✓ |
| 413 | STAIRWAY EXT | 2 SF | ✓ |
| 531 | OBS FENCE | 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% | $12,675.24 | $12,675.24 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $7,179.03 | $7,179.03 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $5,149.08 | $5,149.08 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,616.92 | $1,616.92 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,416.58 | $1,416.58 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $28,036.85 | $28,036.85 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,410,000 | $1,370,000 | +2.9% |
| Assessed Value | $1,410,000 | $1,370,000 | +2.9% |
| Land Value | $972,000 | $972,000 | +0.0% |
| Improvement Value | $438,000 | $398,000 | +10.1% |
| Taxable Value | $1,410,000 | $1,370,000 | +2.9% |
| Total Tax 2026 = estimate |
~$28,855
Estimated
|
~$28,037
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,654,730 | $1,410,000 | -244,730 (-14.8%) |
| Taxable Value | $1,644,000 | $1,410,000 | -234,000 (-14.2%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,410,000 | $972,000 | $438,000 | — | $1,410,000 | $1,410,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,370,000 | $972,000 | $398,000 | — | $1,370,000 | $1,370,000 | ~$28,037 | Partial |
| 2024 | $1,461,320 | — | — | −$489,320 | $972,000 | $— | $27,195 | Verified |
| 2023 | $1,310,890 | — | — | −$338,890 | $972,000 | $— | $26,439 | Verified |
| 2022 | $1,010,030 | — | — | −$281,030 | $729,000 | $— | $25,889 | Verified |
| 2021 | $1,010,030 | — | — | −$281,030 | $729,000 | $— | $21,985 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +20.8% | +20.0% | 99.4% | Not available | Partial |
| 2025 | -0.2% | -0.2% | ~100% | Not available | Partial |
| 2024 | -6.1% | -6.1% | ~100% | 1.9800% | Verified |
| 2023 | +11.5% | +11.5% | ~100% | 1.8100% | Verified |
| 2022 | +29.8% | +29.8% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +35.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +2.9% | +7.6% | +7.3% | +29.8% | 2023 | -6.2% | 2025 |
| Assessment Ratio | 100.0% | 80.8% | — | 100.0% | 2025 | 66.5% | 2024 |
| 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 |
$28,037 | $25,909 | ~$33,667 | $28,037 | 2025 | $21,985 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,478,486 | ~$1,478,486 | ~2.0139% | ~$29,776 | +7.9% |
| 2027 | ~$1,595,562 | ~$1,595,562 | ~1.9814% | ~$31,614 | +16.5% |
| 2028 | ~$1,721,909 | ~$1,721,909 | ~1.9488% | ~$33,557 | +25.7% |
| 2029 | ~$1,858,262 | ~$1,858,262 | ~1.9163% | ~$35,610 | +35.6% |
| 2030 | ~$2,005,411 | ~$2,005,411 | ~1.8837% | ~$37,777 | +46.4% |
| 2026 | ~$1,451,086 | ~$1,451,086 | ~2.0465% | ~$29,696 | +5.9% |
| 2027 | ~$1,536,971 | ~$1,536,971 | ~2.0465% | ~$31,454 | +12.2% |
| 2028 | ~$1,627,939 | ~$1,627,939 | ~2.0465% | ~$33,316 | +18.8% |
| 2029 | ~$1,724,291 | ~$1,724,291 | ~2.0465% | ~$35,287 | +25.9% |
| 2030 | ~$1,826,346 | ~$1,826,346 | ~2.0465% | ~$37,376 | +33.3% |
| 2026 | ~$1,505,886 | ~$1,505,886 | ~1.9977% | ~$30,083 | +9.9% |
| 2027 | ~$1,655,250 | ~$1,655,250 | ~1.9488% | ~$32,258 | +20.8% |
| 2028 | ~$1,819,428 | ~$1,819,428 | ~1.9000% | ~$34,569 | +32.8% |
| 2029 | ~$1,999,891 | ~$1,999,891 | ~1.8512% | ~$37,022 | +46.0% |
| 2030 | ~$2,198,254 | ~$2,198,254 | ~1.8024% | ~$39,621 | +60.5% |
In 2025, this property's market value of $1,370,000 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — +164% 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 | $1,370,000 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $1,461,320 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $1,310,890 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $1,010,030 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $1,010,030 | $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.