908 KEITH LN TX 78705
| Owner | DEVGAN LLC- SERIES 1011 BLANCO STREET |
|---|---|
| Parcel ID | 0215080217 |
| Short ID | 208933 |
| Type | Real |
| Use Code | 02 Duplex |
| Valuation | Cost |
| Improvement SF | 11,616 SF |
| Land SF | 20,938 SF |
| Acres | 0.481 |
| Year Built | 2003 |
| Legal | LOT 18&19 OLT 22 DIV C HANCOCK PARK |
| Neighborhood | Z64005 |
| Land | $786,412 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $786,412 |
| Improvement | $1,150,010 |
|---|---|
| Total Improvement | $1,150,010 |
| Market | $1,936,422 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,936,422 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,936,422 |
| Taxable Value | $1,936,422 |
|---|
Appreciation: Market value has fallen -1.0% from $1,955,500 (2021) to $1,936,422 (2025), a CAGR of -0.2% 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 $39,629. 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 41% of market value ($786,412 land vs $1,150,010 improvements), about $38/SF of land. Most value sits in the improvements, so building condition, age (~23 yrs), and rent roll drive the underwriting.
Submarket Position: At $1,936,422, 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 -0.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,912,836 by 2030, with an estimated annual tax burden around $36,033. 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 | 11,616 SF | ✗ |
| 1ST | 1st Floor | 5,808 SF | ✓ |
| 2ND | 2nd Floor | 5,808 SF | ✓ |
| 041 | GARAGE ATT 1ST F | 5,776 SF | ✓ |
| 061 | CARPORT ATT 1ST | 900 SF | ✗ |
| 512 | DECK UNCOVRED | 900 SF | ✗ |
| 251 | BATHROOM | 12 SF | ✓ |
| 413 | STAIRWAY EXT | 2 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% | $15,265.80 | $15,265.80 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $8,646.28 | $8,646.28 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $6,201.44 | $6,201.44 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,947.38 | $1,947.38 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,706.10 | $1,706.10 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $33,767.00 | $33,767.00 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,000,000 | $1,936,422 | +3.3% |
| Assessed Value | $1,980,000 | $1,936,422 | +2.3% |
| Land Value | $643,130 | $786,412 | -18.2% |
| Improvement Value | $1,356,870 | $1,150,010 | +18.0% |
| Taxable Value | $1,980,000 | $1,936,422 | +2.3% |
| HS Cap Loss | -$20,000 | — | |
| Total Tax 2026 = estimate |
~$40,520
Estimated
|
~$33,767
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $2,000,000 | $2,000,000 | +0 (+0.0%) |
| Taxable Value | $1,980,000 | $1,980,000 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,000,000 | $643,130 | $1,356,870 | −$20,000 | $1,980,000 | $1,980,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,936,422 | $786,412 | $1,150,010 | — | $1,936,422 | $1,936,422 | ~$33,767 | Partial |
| 2024 | $3,545,715 | — | — | −$2,420,715 | $1,125,000 | $— | $32,700 | Verified |
| 2023 | $4,305,984 | — | — | −$3,745,984 | $560,000 | $— | $64,151 | Verified |
| 2022 | $3,082,762 | — | — | −$2,522,762 | $560,000 | $— | $85,040 | Verified |
| 2021 | $1,955,500 | — | — | −$1,435,500 | $520,000 | $— | $67,102 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +3.3% | +2.3% | 99.0% | Not available | Partial |
| 2025 | +17.4% | +17.4% | ~100% | Not available | Partial |
| 2024 | -53.5% | -53.5% | ~100% | 1.9800% | Verified |
| 2023 | -17.7% | -17.7% | ~100% | 1.8100% | Verified |
| 2022 | +39.7% | +39.7% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 3.4300% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -37.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +3.3% | +7.5% | -0.9% | +57.6% | 2022 | -45.4% | 2025 |
| Assessment Ratio | 99.0% | 48.1% | — | 100.0% | 2025 | 13.0% | 2023 |
| Effective Tax Rate (2025) | 1.7400% | 1.7400% | — | 1.7400% | 2025 | 1.7400% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$33,767 | $56,552 | ~$37,464 | $85,040 | 2022 | $32,700 | 2024 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,931,682 | ~$1,931,682 | ~2.0139% | ~$38,903 | -0.2% |
| 2027 | ~$1,926,953 | ~$1,926,953 | ~1.9814% | ~$38,180 | -0.5% |
| 2028 | ~$1,922,236 | ~$1,922,236 | ~1.9488% | ~$37,461 | -0.7% |
| 2029 | ~$1,917,530 | ~$1,917,530 | ~1.9163% | ~$36,745 | -1.0% |
| 2030 | ~$1,912,836 | ~$1,912,836 | ~1.8837% | ~$36,033 | -1.2% |
| 2026 | ~$1,892,953 | ~$1,892,953 | ~2.0465% | ~$38,739 | -2.2% |
| 2027 | ~$1,850,460 | ~$1,850,460 | ~2.0465% | ~$37,869 | -4.4% |
| 2028 | ~$1,808,921 | ~$1,808,921 | ~2.0465% | ~$37,019 | -6.6% |
| 2029 | ~$1,768,314 | ~$1,768,314 | ~2.0465% | ~$36,188 | -8.7% |
| 2030 | ~$1,728,619 | ~$1,728,619 | ~2.0465% | ~$35,376 | -10.7% |
| 2026 | ~$1,970,410 | ~$1,970,410 | ~1.9977% | ~$39,362 | +1.8% |
| 2027 | ~$2,004,995 | ~$2,004,995 | ~1.9488% | ~$39,074 | +3.5% |
| 2028 | ~$2,040,186 | ~$2,040,186 | ~1.9000% | ~$38,764 | +5.4% |
| 2029 | ~$2,075,996 | ~$2,075,996 | ~1.8512% | ~$38,431 | +7.2% |
| 2030 | ~$2,112,434 | ~$2,112,434 | ~1.8024% | ~$38,074 | +9.1% |
In 2025, this property's market value of $1,936,422 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 4× 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 | $1,936,422 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $3,545,715 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $4,305,984 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $3,082,762 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $1,955,500 | $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.