202 E 32 ST TX 78705
| Owner | BENT TREE PROPERTIES LLC |
|---|---|
| Parcel ID | 0216040503 |
| Short ID | 210192 |
| Type | Real |
| Use Code | 05 Apartment 5–25 Units |
| Valuation | Income |
| Improvement SF | 5,152 SF |
| Land SF | 8,255 SF |
| Acres | 0.190 |
| Year Built | 1974 |
| Legal | S115FT OF E57FT OF LOT 2 * & W10FT OF LOT 3 BLK 16 DIV D GROOMS ADDN |
| Neighborhood | 05WC1 |
| Land | $825,500 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $825,500 |
| Improvement | $1,235,300 |
|---|---|
| Total Improvement | $1,235,300 |
| Market | $2,060,800 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,060,800 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $2,060,800 |
| Taxable Value | $2,060,800 |
|---|
Appreciation: Market value has risen +40.4% from $1,468,320 (2021) to $2,060,800 (2025), a CAGR of 8.8% over 4 years. This is strong appreciation — well above typical inflation. Growth has been fairly evenly spread across these years rather than concentrated in one jump. 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 $42,174. 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 40% of market value ($825,500 land vs $1,235,300 improvements), about $100/SF of land. Most value sits in the improvements, so building condition, age (~52 yrs), and rent roll drive the underwriting.
Submarket Position: At $2,060,800, 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 +8.8% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $3,148,145 by 2030, with an estimated annual tax burden around $59,303. 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.
10 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 4,500 SF | ✗ |
| 1ST | 1st Floor | 2,576 SF | ✓ |
| 2ND | 2nd Floor | 2,576 SF | ✓ |
| SO | Sketch Only | 512 SF | ✗ |
| 011C | PORCH OPEN 1ST COMM | 256 SF | ✗ |
| 012C | PORCH OPEN 2 COMM | 256 SF | ✗ |
| 541 | FENCE COMM LF | 115 SF | ✗ |
| 132 | PLBG 5-FIXT AVG | 1 SF | ✓ |
| 269 | OBS RANGE DRP-IN | 1 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% | $19,066.52 | $19,066.52 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $10,798.94 | $10,798.94 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $7,745.41 | $7,745.41 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,432.22 | $2,432.22 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,130.87 | $2,130.87 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $42,173.96 | $42,173.96 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,009,280 | $2,060,800 | -2.5% |
| Assessed Value | $2,009,280 | $2,060,800 | -2.5% |
| Land Value | $825,500 | $825,500 | +0.0% |
| Improvement Value | $1,183,780 | $1,235,300 | -4.2% |
| Taxable Value | $2,009,280 | $2,060,800 | -2.5% |
| Total Tax 2026 = estimate |
~$41,120
Estimated
|
~$42,174
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $2,009,280 | $2,009,280 | +0 (+0.0%) |
| Taxable Value | $2,009,280 | $2,009,280 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,009,280 | $825,500 | $1,183,780 | — | $2,009,280 | $2,009,280 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $2,060,800 | $825,500 | $1,235,300 | — | $2,060,800 | $2,060,800 | ~$42,174 | Partial |
| 2024 | $1,725,920 | — | — | −$900,420 | $825,500 | $— | $35,736 | Verified |
| 2023 | $1,571,360 | — | — | −$745,860 | $825,500 | $— | $31,226 | Verified |
| 2022 | $1,468,320 | — | — | −$849,195 | $619,125 | $— | $31,033 | Verified |
| 2021 | $1,468,320 | — | — | −$849,195 | $619,125 | $— | $31,961 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -2.5% | -2.5% | ~100% | Not available | Partial |
| 2025 | +14.3% | +14.3% | ~100% | Not available | Partial |
| 2024 | +4.5% | +4.5% | ~100% | 1.9800% | Verified |
| 2023 | +9.8% | +9.8% | ~100% | 1.8100% | Verified |
| 2022 | +7.0% | +7.0% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +40.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -2.5% | +6.7% | +9.4% | +19.4% | 2025 | -2.5% | 2026 |
| Assessment Ratio | 100.0% | 64.1% | — | 100.0% | 2025 | 42.2% | 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 |
$42,174 | $34,426 | ~$52,013 | $42,174 | 2025 | $31,033 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,243,053 | ~$2,243,053 | ~2.0139% | ~$45,174 | +8.8% |
| 2027 | ~$2,441,425 | ~$2,441,425 | ~1.9814% | ~$48,374 | +18.5% |
| 2028 | ~$2,657,340 | ~$2,657,340 | ~1.9488% | ~$51,787 | +28.9% |
| 2029 | ~$2,892,351 | ~$2,892,351 | ~1.9163% | ~$55,426 | +40.4% |
| 2030 | ~$3,148,145 | ~$3,148,145 | ~1.8837% | ~$59,303 | +52.8% |
| 2026 | ~$2,201,837 | ~$2,201,837 | ~2.0465% | ~$45,060 | +6.8% |
| 2027 | ~$2,352,527 | ~$2,352,527 | ~2.0465% | ~$48,144 | +14.2% |
| 2028 | ~$2,513,530 | ~$2,513,530 | ~2.0465% | ~$51,439 | +22.0% |
| 2029 | ~$2,685,552 | ~$2,685,552 | ~2.0465% | ~$54,959 | +30.3% |
| 2030 | ~$2,869,346 | ~$2,869,346 | ~2.0465% | ~$58,721 | +39.2% |
| 2026 | ~$2,284,269 | ~$2,266,880 | ~1.9977% | ~$45,285 | +10.8% |
| 2027 | ~$2,531,972 | ~$2,493,568 | ~1.9488% | ~$48,596 | +22.9% |
| 2028 | ~$2,806,534 | ~$2,742,925 | ~1.9000% | ~$52,116 | +36.2% |
| 2029 | ~$3,110,870 | ~$3,017,217 | ~1.8512% | ~$55,855 | +51.0% |
| 2030 | ~$3,448,207 | ~$3,318,939 | ~1.8024% | ~$59,820 | +67.3% |
In 2025, this property's market value of $2,060,800 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 | $2,060,800 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $1,725,920 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $1,571,360 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $1,468,320 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $1,468,320 | $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.