916 KEITH LN TX 78705
| Owner | SAEGERT ONE LTD |
|---|---|
| Parcel ID | 0215080213 |
| Short ID | 208930 |
| Type | Real |
| Use Code | 03 Triplex |
| Valuation | Income |
| Improvement SF | 2,573 SF |
| Land SF | 10,489 SF |
| Acres | 0.241 |
| Year Built | 1950 |
| Legal | LOT 22 OLT 22 DIV C HANCOCK PARK |
| Neighborhood | Z64005 |
| Land | $603,564 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $603,564 |
| Improvement | $102,574 |
|---|---|
| Total Improvement | $102,574 |
| Market | $706,138 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $706,138 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $706,138 |
| Taxable Value | $706,138 |
|---|
Appreciation: Market value has risen +23.6% from $571,200 (2021) to $706,138 (2025), a CAGR of 5.4% over 4 years. This represents moderate, steady growth. Most of this growth came in a single year (2021→2022), 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 $14,451. 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 85% of market value ($603,564 land vs $102,574 improvements), about $58/SF of land. With value concentrated in the land under a ~76-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 $706,138, this parcel sits in the upper-middle (50th–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 +5.4% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $920,484 by 2030, with an estimated annual tax burden around $17,340. 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.
5 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 2,573 SF | ✓ |
| 031 | GARAGE DET 1ST F | 400 SF | ✓ |
| 011 | PORCH OPEN 1ST F | 52 SF | ✗ |
| 612 | TERRACE UNCOVERD | 48 SF | ✗ |
| 251 | BATHROOM | 3 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% | $6,533.19 | $6,533.19 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $3,700.28 | $3,700.28 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,653.98 | $2,653.98 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $833.41 | $833.41 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $730.15 | $730.15 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $14,451.01 | $14,451.01 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $750,000 | $706,138 | +6.2% |
| Assessed Value | $750,000 | $706,138 | +6.2% |
| Land Value | $430,277 | $603,564 | -28.7% |
| Improvement Value | $319,723 | $102,574 | +211.7% |
| Taxable Value | $750,000 | $706,138 | +6.2% |
| Total Tax 2026 = estimate |
~$15,349
Estimated
|
~$14,451
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $750,000 | $750,000 | +0 (+0.0%) |
| Taxable Value | $750,000 | $750,000 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $750,000 | $430,277 | $319,723 | — | $750,000 | $750,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $706,138 | $603,564 | $102,574 | — | $706,138 | $706,138 | ~$14,451 | Partial |
| 2024 | $639,177 | — | — | — | $750,000 ! | $— | $14,864 | Verified |
| 2023 | $716,325 | — | — | −$331,325 | $385,000 | $— | $11,564 | Verified |
| 2022 | $680,400 | — | — | −$295,400 | $385,000 | $— | $14,147 | Verified |
| 2021 | $571,200 | — | — | −$213,700 | $357,500 | $— | $14,810 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +6.2% | +6.2% | ~100% | Not available | Partial |
| 2025 | -5.8% | -5.8% | ~100% | Not available | Partial |
| 2024 | +17.3% | +17.3% | ~100% | 1.9800% | Verified |
| 2023 | -10.8% | -10.8% | ~100% | 1.8100% | Verified |
| 2022 | +5.3% | +5.3% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.5900% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +3.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +6.2% | +6.1% | +4.2% | +19.1% | 2022 | -10.8% | 2024 |
| Assessment Ratio | 100.0% | 81.7% | — | 117.3% | 2024 | 53.7% | 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 |
$14,451 | $13,967 | ~$16,151 | $14,864 | 2024 | $11,564 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$744,586 | ~$744,586 | ~2.0139% | ~$14,995 | +5.4% |
| 2027 | ~$785,128 | ~$785,128 | ~1.9814% | ~$15,556 | +11.2% |
| 2028 | ~$827,877 | ~$827,877 | ~1.9488% | ~$16,134 | +17.2% |
| 2029 | ~$872,953 | ~$872,953 | ~1.9163% | ~$16,728 | +23.6% |
| 2030 | ~$920,484 | ~$920,484 | ~1.8837% | ~$17,340 | +30.4% |
| 2026 | ~$730,463 | ~$730,463 | ~2.0465% | ~$14,949 | +3.4% |
| 2027 | ~$755,627 | ~$755,627 | ~2.0465% | ~$15,464 | +7.0% |
| 2028 | ~$781,657 | ~$781,657 | ~2.0465% | ~$15,996 | +10.7% |
| 2029 | ~$808,584 | ~$808,584 | ~2.0465% | ~$16,548 | +14.5% |
| 2030 | ~$836,438 | ~$836,438 | ~2.0465% | ~$17,118 | +18.5% |
| 2026 | ~$758,709 | ~$758,709 | ~1.9977% | ~$15,156 | +7.4% |
| 2027 | ~$815,194 | ~$815,194 | ~1.9488% | ~$15,887 | +15.4% |
| 2028 | ~$875,883 | ~$875,883 | ~1.9000% | ~$16,642 | +24.0% |
| 2029 | ~$941,092 | ~$941,092 | ~1.8512% | ~$17,421 | +33.3% |
| 2030 | ~$1,011,154 | ~$1,011,154 | ~1.8024% | ~$18,225 | +43.2% |
In 2025, this property's market value of $706,138 places it in the 50th–75th percentile for Multi-Family properties in Travis County (12584 comparable) — +36% 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 | $706,138 | $438,669 | $519,778 | $749,859 | ↑ Above median | -7.5% |
| 2024 | $639,177 | $467,458 | $564,615 | $848,565 | ↑ Above median | -6.3% |
| 2023 | $716,325 | $503,905 | $617,035 | $919,932 | ↑ Above median | +0.9% |
| 2022 | $680,400 | $506,618 | $615,058 | $906,429 | ↑ Above median | +39.1% |
| 2021 | $571,200 | $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.