3116 BENELVA DR TX 78705
| Owner | HERN DIANE LEE & PAUL M ANDERSON |
|---|---|
| Parcel ID | 0215050611 |
| Short ID | 208536 |
| Type | Real |
| Use Code | 03 Triplex |
| Valuation | Income |
| Improvement SF | 2,313 SF |
| Land SF | 6,638 SF |
| Acres | 0.152 |
| Year Built | 1970 |
| Legal | LOT 39 SPEEDWAY HEIGHTS |
| Neighborhood | Z50005 |
| Land | $545,720 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $545,720 |
| Improvement | $254,302 |
|---|---|
| Total Improvement | $254,302 |
| Market | $800,022 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $800,022 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $800,022 |
| Taxable Value | $800,022 |
|---|
Appreciation: Market value has risen +33.6% from $598,800 (2021) to $800,022 (2025), a CAGR of 7.5% 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 $16,372. 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 68% of market value ($545,720 land vs $254,302 improvements), about $82/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $800,022, 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 +7.5% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,149,151 by 2030, with an estimated annual tax burden around $21,647. 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 | 2,313 SF | ✗ |
| 1ST | 1st Floor | 1,647 SF | ✓ |
| 2ND | 2nd Floor | 666 SF | ✓ |
| 512 | DECK UNCOVRED | 296 SF | ✗ |
| SO | Sketch Only | 224 SF | ✗ |
| 581 | STORAGE ATT | 88 SF | ✓ |
| 612 | TERRACE UNCOVERD | 60 SF | ✗ |
| 011 | PORCH OPEN 1ST F | 37 SF | ✗ |
| 251 | BATHROOM | 4 SF | ✓ |
| 522 | FIREPLACE | 3 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% | $7,401.80 | $7,401.80 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $4,192.25 | $4,192.25 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,006.84 | $3,006.84 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $944.21 | $944.21 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $827.22 | $827.22 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $16,372.32 | $16,372.32 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $832,055 | $800,022 | +4.0% |
| Assessed Value | $832,055 | $800,022 | +4.0% |
| Land Value | $545,720 | $545,720 | +0.0% |
| Improvement Value | $286,335 | $254,302 | +12.6% |
| Taxable Value | $832,055 | $800,022 | +4.0% |
| Total Tax 2026 = estimate |
~$17,028
Estimated
|
~$16,372
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $988,071 | $832,055 | -156,016 (-15.8%) |
| Taxable Value | $960,026 | $832,055 | -127,971 (-13.3%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $832,055 | $545,720 | $286,335 | — | $832,055 | $832,055 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $800,022 | $545,720 | $254,302 | — | $800,022 | $800,022 | ~$16,372 | Partial |
| 2024 | $991,766 | — | — | −$391,766 | $600,000 | $— | $17,882 | Verified |
| 2023 | $991,766 | — | — | −$566,766 | $425,000 | $— | $17,943 | Verified |
| 2022 | $785,800 | — | — | −$360,800 | $425,000 | $— | $19,587 | Verified |
| 2021 | $598,800 | — | — | −$173,800 | $425,000 | $— | $17,104 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +23.5% | +20.0% | 97.2% | Not available | Partial |
| 2025 | -11.3% | -11.3% | ~100% | Not available | Partial |
| 2024 | -9.0% | -9.0% | ~100% | 1.9800% | Verified |
| 2023 | -10.0% | -10.0% | ~100% | 1.8100% | Verified |
| 2022 | +40.2% | +40.2% | ~100% | 1.7800% | Verified |
| 2021 | base year | — | ~100% | 2.8600% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +1.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +4.0% | +8.4% | +6.7% | +31.2% | 2022 | -19.3% | 2025 |
| Assessment Ratio | 100.0% | 71.4% | — | 100.0% | 2025 | 42.9% | 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 |
$16,372 | $17,778 | ~$19,430 | $19,587 | 2022 | $16,372 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$860,116 | ~$860,116 | ~2.0139% | ~$17,322 | +7.5% |
| 2027 | ~$924,724 | ~$924,724 | ~1.9814% | ~$18,322 | +15.6% |
| 2028 | ~$994,185 | ~$994,185 | ~1.9488% | ~$19,375 | +24.3% |
| 2029 | ~$1,068,863 | ~$1,068,863 | ~1.9163% | ~$20,483 | +33.6% |
| 2030 | ~$1,149,151 | ~$1,149,151 | ~1.8837% | ~$21,647 | +43.6% |
| 2026 | ~$844,115 | ~$844,115 | ~2.0465% | ~$17,275 | +5.5% |
| 2027 | ~$890,639 | ~$890,639 | ~2.0465% | ~$18,227 | +11.3% |
| 2028 | ~$939,727 | ~$939,727 | ~2.0465% | ~$19,231 | +17.5% |
| 2029 | ~$991,520 | ~$991,520 | ~2.0465% | ~$20,291 | +23.9% |
| 2030 | ~$1,046,168 | ~$1,046,168 | ~2.0465% | ~$21,410 | +30.8% |
| 2026 | ~$876,116 | ~$876,116 | ~1.9977% | ~$17,502 | +9.5% |
| 2027 | ~$959,448 | ~$959,448 | ~1.9488% | ~$18,698 | +19.9% |
| 2028 | ~$1,050,707 | ~$1,050,707 | ~1.9000% | ~$19,964 | +31.3% |
| 2029 | ~$1,150,645 | ~$1,150,645 | ~1.8512% | ~$21,301 | +43.8% |
| 2030 | ~$1,260,089 | ~$1,260,089 | ~1.8024% | ~$22,711 | +57.5% |
In 2025, this property's market value of $800,022 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — +54% 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 | $800,022 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $991,766 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $991,766 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $785,800 | $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.