807 W 28 1/2 ST TX 78705
| Owner | KEW TRUST |
|---|---|
| Parcel ID | 0216010612 |
| Short ID | 210067 |
| Type | Real |
| Use Code | 03 Triplex |
| Valuation | Income |
| Improvement SF | 2,851 SF |
| Land SF | 9,360 SF |
| Acres | 0.215 |
| Year Built | 1936 |
| Legal | W60 FT OF LOT 2-4 & N6 FT OF W60 FT OF LOT 1 BLK 1 OLT 70 DIV D BYRNES JAMES SUBD |
| Neighborhood | Z40005 |
| Land | $648,900 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $648,900 |
| Improvement | $343,095 |
|---|---|
| Total Improvement | $343,095 |
| Market | $991,995 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $991,995 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $991,995 |
| Taxable Value | $991,995 |
|---|
Appreciation: Market value has risen +73.1% from $572,924 (2021) to $991,995 (2025), a CAGR of 14.7% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2022→2023), 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 $20,301. 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 65% of market value ($648,900 land vs $343,095 improvements), about $69/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $991,995, 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 +14.7% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,970,267 by 2030, with an estimated annual tax burden around $30,095. 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 |
|---|---|---|---|
| 1ST | 1st Floor | 1,791 SF | ✓ |
| 1/2 | Half Floor | 1,060 SF | ✓ |
| 031 | GARAGE DET 1ST F | 480 SF | ✓ |
| 612 | TERRACE UNCOVERD | 116 SF | ✗ |
| 011 | PORCH OPEN 1ST F | 20 SF | ✗ |
| 251 | BATHROOM | 3 SF | ✓ |
| 522 | FIREPLACE | 3 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% | $9,177.94 | $9,177.94 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $5,198.22 | $5,198.22 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,728.36 | $3,728.36 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,170.78 | $1,170.78 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,025.72 | $1,025.72 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $20,301.02 | $20,301.02 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $948,178 | $991,995 | -4.4% |
| Assessed Value | $948,178 | $991,995 | -4.4% |
| Land Value | $648,900 | $648,900 | +0.0% |
| Improvement Value | $299,278 | $343,095 | -12.8% |
| Taxable Value | $948,178 | $991,995 | -4.4% |
| Total Tax 2026 = estimate |
~$19,404
Estimated
|
~$20,301
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,111,580 | $948,178 | -163,402 (-14.7%) |
| Taxable Value | $1,111,580 | $948,178 | -163,402 (-14.7%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $948,178 | $648,900 | $299,278 | — | $948,178 | $948,178 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $991,995 | $648,900 | $343,095 | — | $991,995 | $991,995 | ~$20,301 | Partial |
| 2024 | $927,748 | — | — | −$267,748 | $660,000 | $— | $19,183 | Verified |
| 2023 | $1,039,726 | — | — | −$319,726 | $720,000 | $— | $16,785 | Verified |
| 2022 | $709,300 | — | — | — | $720,000 ! | $— | $20,534 | Verified |
| 2021 | $572,924 | — | — | −$104,924 | $468,000 | $— | $15,439 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +12.1% | +12.1% | ~100% | Not available | Partial |
| 2025 | +2.5% | +2.5% | ~100% | Not available | Partial |
| 2024 | +4.3% | +4.3% | ~100% | 1.9800% | Verified |
| 2023 | -10.8% | -10.8% | ~100% | 1.8100% | Verified |
| 2022 | +46.6% | +46.6% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.6900% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +39.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -4.4% | +12.4% | +15.8% | +46.6% | 2023 | -10.8% | 2024 |
| Assessment Ratio | 100.0% | 87.2% | — | 101.5% | 2022 | 69.2% | 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 |
$20,301 | $18,448 | ~$25,883 | $20,534 | 2022 | $15,439 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,137,922 | ~$1,091,194 | ~2.0139% | ~$21,976 | +14.7% |
| 2027 | ~$1,305,316 | ~$1,200,314 | ~1.9814% | ~$23,783 | +31.6% |
| 2028 | ~$1,497,335 | ~$1,320,345 | ~1.9488% | ~$25,731 | +50.9% |
| 2029 | ~$1,717,600 | ~$1,452,380 | ~1.9163% | ~$27,832 | +73.1% |
| 2030 | ~$1,970,267 | ~$1,597,618 | ~1.8837% | ~$30,095 | +98.6% |
| 2026 | ~$1,118,082 | ~$1,091,194 | ~2.0465% | ~$22,331 | +12.7% |
| 2027 | ~$1,260,196 | ~$1,200,314 | ~2.0465% | ~$24,564 | +27.0% |
| 2028 | ~$1,420,373 | ~$1,320,345 | ~2.0465% | ~$27,021 | +43.2% |
| 2029 | ~$1,600,909 | ~$1,452,380 | ~2.0465% | ~$29,723 | +61.4% |
| 2030 | ~$1,804,393 | ~$1,597,618 | ~2.0465% | ~$32,695 | +81.9% |
| 2026 | ~$1,157,762 | ~$1,091,194 | ~1.9977% | ~$21,798 | +16.7% |
| 2027 | ~$1,351,230 | ~$1,200,314 | ~1.9488% | ~$23,392 | +36.2% |
| 2028 | ~$1,577,027 | ~$1,320,345 | ~1.9000% | ~$25,087 | +59.0% |
| 2029 | ~$1,840,556 | ~$1,452,380 | ~1.8512% | ~$26,886 | +85.5% |
| 2030 | ~$2,148,122 | ~$1,597,618 | ~1.8024% | ~$28,795 | +116.5% |
In 2025, this property's market value of $991,995 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — +91% 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 | $991,995 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $927,748 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $1,039,726 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $709,300 | $506,618 | $615,058 | $906,429 | ↑ Above median | +39.1% |
| 2021 | $572,924 | $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.