912 KEITH LN TX 78705
| Owner | LEE FAMILY TRUST & |
|---|---|
| Parcel ID | 0215080215 |
| Short ID | 208932 |
| Type | Real |
| Use Code | 02 Duplex |
| Valuation | Cost |
| Improvement SF | 3,828 SF |
| Land SF | 11,869 SF |
| Acres | 0.272 |
| Year Built | 1998 |
| Legal | LOT 20 & W 10FT LOT 21 OLT 22 DIV C HANCOCK PARK |
| Neighborhood | Z64005 |
| Land | $627,716 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $627,716 |
| Improvement | $280,125 |
|---|---|
| Total Improvement | $280,125 |
| Market | $907,841 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $907,841 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $907,841 |
| Taxable Value | $907,841 |
|---|
Appreciation: Market value has risen +15.4% from $786,801 (2021) to $907,841 (2025), a CAGR of 3.6% over 4 years. Growth has been relatively flat for this asset class. 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 $18,579. 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 69% of market value ($627,716 land vs $280,125 improvements), about $53/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $907,841, 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 +3.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,085,653 by 2030, with an estimated annual tax burden around $20,451. 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.
7 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 095 | HVAC RESIDENTIAL | 3,828 SF | ✗ |
| 1ST | 1st Floor | 1,914 SF | ✓ |
| 2ND | 2nd Floor | 1,914 SF | ✓ |
| 551 | PAVED AREA | 1,000 SF | ✗ |
| 011 | PORCH OPEN 1ST F | 32 SF | ✗ |
| 612 | TERRACE UNCOVERD | 32 SF | ✗ |
| 251 | BATHROOM | 4 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% | $8,399.34 | $8,399.34 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $4,757.24 | $4,757.24 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,412.08 | $3,412.08 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,071.46 | $1,071.46 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $938.71 | $938.71 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $18,578.83 | $18,578.83 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $907,000 | $907,841 | -0.1% |
| Assessed Value | $907,000 | $907,841 | -0.1% |
| Land Value | $459,259 | $627,716 | -26.8% |
| Improvement Value | $447,741 | $280,125 | +59.8% |
| Taxable Value | $907,000 | $907,841 | -0.1% |
| Total Tax 2026 = estimate |
~$18,562
Estimated
|
~$18,579
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $907,000 | $907,000 | +0 (+0.0%) |
| Taxable Value | $907,000 | $907,000 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $907,000 | $459,259 | $447,741 | — | $907,000 | $907,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $907,841 | $627,716 | $280,125 | — | $907,841 | $907,841 | ~$18,579 | Partial |
| 2024 | $1,098,993 | — | — | −$273,993 | $825,000 | $— | $20,651 | Verified |
| 2023 | $1,180,444 | — | — | −$795,444 | $385,000 | $— | $19,884 | Verified |
| 2022 | $1,007,419 | — | — | −$622,419 | $385,000 | $— | $23,313 | Verified |
| 2021 | $786,801 | — | — | −$429,301 | $357,500 | $— | $21,928 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -0.1% | -0.1% | ~100% | Not available | Partial |
| 2025 | -12.9% | -12.9% | ~100% | Not available | Partial |
| 2024 | -5.2% | -5.2% | ~100% | 1.9800% | Verified |
| 2023 | -6.9% | -6.9% | ~100% | 1.8100% | Verified |
| 2022 | +17.2% | +17.2% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.7900% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -9.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -0.1% | +4.2% | +3.7% | +28.0% | 2022 | -17.4% | 2025 |
| Assessment Ratio | 100.0% | 65.2% | — | 100.0% | 2025 | 32.6% | 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 |
$18,579 | $20,871 | ~$19,698 | $23,313 | 2022 | $18,579 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$940,906 | ~$940,906 | ~2.0139% | ~$18,949 | +3.6% |
| 2027 | ~$975,174 | ~$975,174 | ~1.9814% | ~$19,322 | +7.4% |
| 2028 | ~$1,010,691 | ~$1,010,691 | ~1.9488% | ~$19,697 | +11.3% |
| 2029 | ~$1,047,502 | ~$1,047,502 | ~1.9163% | ~$20,073 | +15.4% |
| 2030 | ~$1,085,653 | ~$1,085,653 | ~1.8837% | ~$20,451 | +19.6% |
| 2026 | ~$922,749 | ~$922,749 | ~2.0465% | ~$18,884 | +1.6% |
| 2027 | ~$937,901 | ~$937,901 | ~2.0465% | ~$19,194 | +3.3% |
| 2028 | ~$953,303 | ~$953,303 | ~2.0465% | ~$19,509 | +5.0% |
| 2029 | ~$968,957 | ~$968,957 | ~2.0465% | ~$19,830 | +6.7% |
| 2030 | ~$984,868 | ~$984,868 | ~2.0465% | ~$20,155 | +8.5% |
| 2026 | ~$959,062 | ~$959,062 | ~1.9977% | ~$19,159 | +5.6% |
| 2027 | ~$1,013,174 | ~$1,013,174 | ~1.9488% | ~$19,745 | +11.6% |
| 2028 | ~$1,070,338 | ~$1,070,338 | ~1.9000% | ~$20,337 | +17.9% |
| 2029 | ~$1,130,728 | ~$1,130,728 | ~1.8512% | ~$20,932 | +24.6% |
| 2030 | ~$1,194,524 | ~$1,194,524 | ~1.8024% | ~$21,530 | +31.6% |
In 2025, this property's market value of $907,841 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — +75% 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 | $907,841 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $1,098,993 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $1,180,444 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $1,007,419 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $786,801 | $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.