918 KEITH LN AUSTIN, TX 78705
| Owner | AGGARWAL ROMIT & MAHIDHAR ARYA |
|---|---|
| Parcel ID | 0215080212 |
| Short ID | 208929 |
| Type | Real |
| Use Code | 02 Duplex |
| Valuation | Cost |
| Improvement SF | 4,576 SF |
| Land SF | 10,223 SF |
| Acres | 0.235 |
| Year Built | 1950 |
| Legal | LOT 23 OLT 22 DIV C HANCOCK PARK |
| Neighborhood | Z64005 |
| Land | $598,894 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $598,894 |
| Improvement | $336,229 |
|---|---|
| Total Improvement | $336,229 |
| Market | $935,123 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $935,123 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $935,123 |
| Taxable Value | $935,123 |
|---|
Appreciation: Market value has fallen -1.1% from $945,800 (2021) to $935,123 (2025), a CAGR of -0.3% over 4 years. Growth has been relatively flat for this asset class. 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 $19,137. 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 64% of market value ($598,894 land vs $336,229 improvements), about $59/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $935,123, 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 -0.3% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $921,946 by 2030, with an estimated annual tax burden around $17,367. 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.
8 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 095 | HVAC RESIDENTIAL | 4,576 SF | ✗ |
| 1ST | 1st Floor | 3,388 SF | ✓ |
| 2ND | 2nd Floor | 1,188 SF | ✓ |
| 061 | CARPORT ATT 1ST | 450 SF | ✗ |
| 011 | PORCH OPEN 1ST F | 191 SF | ✗ |
| 581 | STORAGE ATT | 66 SF | ✓ |
| 251 | BATHROOM | 4 SF | ✓ |
| 522 | FIREPLACE | 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% | $8,651.76 | $8,651.76 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $4,900.20 | $4,900.20 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,514.61 | $3,514.61 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,103.66 | $1,103.66 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $966.92 | $966.92 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $19,137.15 | $19,137.15 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,149,493 | $935,123 | +22.9% |
| Assessed Value | $1,122,148 | $935,123 | +20.0% |
| Land Value | $424,673 | $598,894 | -29.1% |
| Improvement Value | $724,820 | $336,229 | +115.6% |
| Taxable Value | $1,122,148 | $935,123 | +20.0% |
| HS Cap Loss | -$27,345 | — | |
| Total Tax 2026 = estimate |
~$22,965
Estimated
|
~$19,137
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,149,493 | $1,149,493 | +0 (+0.0%) |
| Taxable Value | $1,122,148 | $1,122,148 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,149,493 | $424,673 | $724,820 | −$27,345 | $1,122,148 | $1,122,148 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $935,123 | $598,894 | $336,229 | — | $935,123 | $935,123 | ~$19,137 | Partial |
| 2024 | $1,612,512 | — | — | −$787,512 | $825,000 | $— | $21,490 | Verified |
| 2023 | $1,640,212 | — | — | −$1,255,212 | $385,000 | $— | $29,174 | Verified |
| 2022 | $1,442,622 | — | — | −$1,057,622 | $385,000 | $— | $32,393 | Verified |
| 2021 | $945,800 | — | — | −$588,300 | $357,500 | $— | $31,401 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +22.9% | +20.0% | 97.6% | Not available | Partial |
| 2025 | -13.8% | -13.8% | ~100% | Not available | Partial |
| 2024 | -32.8% | -32.8% | ~100% | 1.9800% | Verified |
| 2023 | -1.7% | -1.7% | ~100% | 1.8100% | Verified |
| 2022 | +13.7% | +13.7% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 3.3200% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -35.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +22.9% | +9.1% | -4.0% | +52.5% | 2022 | -42.0% | 2025 |
| Assessment Ratio | 97.6% | 56.1% | — | 100.0% | 2025 | 23.5% | 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 |
$19,137 | $26,719 | ~$18,071 | $32,393 | 2022 | $19,137 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$932,473 | ~$932,473 | ~2.0139% | ~$18,779 | -0.3% |
| 2027 | ~$929,830 | ~$929,830 | ~1.9814% | ~$18,424 | -0.6% |
| 2028 | ~$927,194 | ~$927,194 | ~1.9488% | ~$18,070 | -0.8% |
| 2029 | ~$924,567 | ~$924,567 | ~1.9163% | ~$17,717 | -1.1% |
| 2030 | ~$921,946 | ~$921,946 | ~1.8837% | ~$17,367 | -1.4% |
| 2026 | ~$913,770 | ~$913,770 | ~2.0465% | ~$18,700 | -2.3% |
| 2027 | ~$892,905 | ~$892,905 | ~2.0465% | ~$18,273 | -4.5% |
| 2028 | ~$872,516 | ~$872,516 | ~2.0465% | ~$17,856 | -6.7% |
| 2029 | ~$852,593 | ~$852,593 | ~2.0465% | ~$17,448 | -8.8% |
| 2030 | ~$833,125 | ~$833,125 | ~2.0465% | ~$17,050 | -10.9% |
| 2026 | ~$951,175 | ~$951,175 | ~1.9977% | ~$19,001 | +1.7% |
| 2027 | ~$967,503 | ~$967,503 | ~1.9488% | ~$18,855 | +3.5% |
| 2028 | ~$984,111 | ~$984,111 | ~1.9000% | ~$18,698 | +5.2% |
| 2029 | ~$1,001,004 | ~$1,001,004 | ~1.8512% | ~$18,531 | +7.0% |
| 2030 | ~$1,018,187 | ~$1,018,187 | ~1.8024% | ~$18,352 | +8.9% |
In 2025, this property's market value of $935,123 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — +80% 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 | $935,123 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $1,612,512 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $1,640,212 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $1,442,622 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $945,800 | $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.