920 E 37 ST TX 78705
| Owner | RT BROTHERS INVESTMENTS LLC |
|---|---|
| Parcel ID | 0215080501 |
| Short ID | 209015 |
| Type | Real |
| Use Code | 05 Apartment 5–25 Units |
| Valuation | Income |
| Improvement SF | 3,628 SF |
| Land SF | 11,353 SF |
| Acres | 0.261 |
| Year Built | 1942 |
| Legal | CEN 168.5FT LOT 3 BLK 2 OLT 21 DIV C PLAINVIEW HEIGHTS RESUB |
| Neighborhood | 05WC2 |
| Land | $1,135,344 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,135,344 |
| Improvement | $61,896 |
|---|---|
| Total Improvement | $61,896 |
| Market | $1,197,240 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,197,240 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,197,240 |
| Taxable Value | $1,197,240 |
|---|
Appreciation: Market value has risen +65.1% from $725,000 (2021) to $1,197,240 (2025), a CAGR of 13.4% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2023→2024), 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 outpaced 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 $24,501. 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 95% of market value ($1,135,344 land vs $61,896 improvements), about $100/SF of land. With value concentrated in the land under a ~84-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 $1,197,240, 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 +13.4% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,241,224 by 2030, with an estimated annual tax burden around $36,322. 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.
9 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 2ND | 2nd Floor | 1,924 SF | ✓ |
| 1ST | 1st Floor | 1,704 SF | ✓ |
| 031C | GARAGE DET 1ST COMM | 500 SF | ✓ |
| 051C | CARPORT DET 1ST COMM | 220 SF | ✗ |
| 041C | GARAGE ATT 1ST COMM | 220 SF | ✓ |
| 011C | PORCH OPEN 1ST COMM | 201 SF | ✗ |
| 012C | PORCH OPEN 2 COMM | 150 SF | ✗ |
| 251 | BATHROOM | 4 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% | $11,076.86 | $11,076.86 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $6,273.74 | $6,273.74 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $4,499.77 | $4,499.77 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,413.02 | $1,413.02 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,237.95 | $1,237.95 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $24,501.34 | $24,501.34 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,179,282 | $1,197,240 | -1.5% |
| Assessed Value | $1,179,282 | $1,197,240 | -1.5% |
| Land Value | $1,135,344 | $1,135,344 | +0.0% |
| Improvement Value | $43,938 | $61,896 | -29.0% |
| Taxable Value | $1,179,282 | $1,197,240 | -1.5% |
| Total Tax 2026 = estimate |
~$24,134
Estimated
|
~$24,501
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,179,282 | $1,179,282 | +0 (+0.0%) |
| Taxable Value | $1,179,282 | $1,179,282 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,179,282 | $1,135,344 | $43,938 | — | $1,179,282 | $1,179,282 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,197,240 | $1,135,344 | $61,896 | — | $1,197,240 | $1,197,240 | ~$24,501 | Partial |
| 2024 | $1,220,700 | — | — | −$85,356 | $1,135,344 | $— | $23,332 | Verified |
| 2023 | $725,000 | — | — | — | $1,135,344 ! | $— | $22,085 | Verified |
| 2022 | $725,000 | — | — | −$157,328 | $567,672 | $— | $14,318 | Verified |
| 2021 | $725,000 | — | — | −$157,328 | $567,672 | $— | $15,781 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -1.5% | -1.5% | ~100% | Not available | Partial |
| 2025 | +1.7% | +1.7% | ~100% | Not available | Partial |
| 2024 | -3.6% | -3.6% | ~100% | 1.9800% | Verified |
| 2023 | +68.4% | +68.4% | ~100% | 1.8100% | Verified |
| 2022 | +0.0% | +0.0% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +65.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -1.5% | +13.0% | +13.7% | +68.4% | 2024 | -1.9% | 2025 |
| Assessment Ratio | 100.0% | 101.0% | — | 156.6% | 2023 | 78.3% | 2021 |
| 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 |
$24,501 | $20,004 | ~$31,239 | $24,501 | 2025 | $14,318 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,357,194 | ~$1,316,964 | ~2.0139% | ~$26,523 | +13.4% |
| 2027 | ~$1,538,519 | ~$1,448,660 | ~1.9814% | ~$28,704 | +28.5% |
| 2028 | ~$1,744,069 | ~$1,593,526 | ~1.9488% | ~$31,055 | +45.7% |
| 2029 | ~$1,977,081 | ~$1,752,879 | ~1.9163% | ~$33,590 | +65.1% |
| 2030 | ~$2,241,224 | ~$1,928,167 | ~1.8837% | ~$36,322 | +87.2% |
| 2026 | ~$1,333,249 | ~$1,316,964 | ~2.0465% | ~$26,951 | +11.4% |
| 2027 | ~$1,484,710 | ~$1,448,660 | ~2.0465% | ~$29,647 | +24.0% |
| 2028 | ~$1,653,377 | ~$1,593,526 | ~2.0465% | ~$32,611 | +38.1% |
| 2029 | ~$1,841,205 | ~$1,752,879 | ~2.0465% | ~$35,872 | +53.8% |
| 2030 | ~$2,050,370 | ~$1,928,167 | ~2.0465% | ~$39,460 | +71.3% |
| 2026 | ~$1,381,139 | ~$1,316,964 | ~1.9977% | ~$26,308 | +15.4% |
| 2027 | ~$1,593,286 | ~$1,448,660 | ~1.9488% | ~$28,232 | +33.1% |
| 2028 | ~$1,838,018 | ~$1,593,526 | ~1.9000% | ~$30,277 | +53.5% |
| 2029 | ~$2,120,342 | ~$1,752,879 | ~1.8512% | ~$32,449 | +77.1% |
| 2030 | ~$2,446,032 | ~$1,928,167 | ~1.8024% | ~$34,753 | +104.3% |
In 2025, this property's market value of $1,197,240 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — +130% 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 | $1,197,240 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $1,220,700 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $725,000 | $503,905 | $617,035 | $919,932 | ↑ Above median | +0.9% |
| 2022 | $725,000 | $506,618 | $615,058 | $906,429 | ↑ Above median | +39.1% |
| 2021 | $725,000 | $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.