3203 HELMS ST TX 78705
| Owner | NWI ENTERPRISES LLC |
|---|---|
| Parcel ID | 0216040505 |
| Short ID | 210194 |
| Type | Real |
| Use Code | 05 Apartment 5–25 Units |
| Valuation | Income |
| Improvement SF | 5,106 SF |
| Land SF | 7,150 SF |
| Acres | 0.164 |
| Year Built | 1965 |
| Legal | N55FT OF LOT 1-2 BLK 16 DIV D GROOMS ADDN |
| Neighborhood | 05WC1 |
| Land | $715,000 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $715,000 |
| Improvement | $689,150 |
|---|---|
| Total Improvement | $689,150 |
| Market | $1,404,150 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,404,150 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,404,150 |
| Taxable Value | $1,404,150 |
|---|
Appreciation: Market value has risen +14.6% from $1,225,440 (2021) to $1,404,150 (2025), a CAGR of 3.5% 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 $28,736. 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 51% of market value ($715,000 land vs $689,150 improvements), about $100/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $1,404,150, 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 +3.5% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,664,621 by 2030, with an estimated annual tax burden around $31,357. 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 |
|---|---|---|---|
| 1ST | 1st Floor | 2,553 SF | ✓ |
| 2ND | 2nd Floor | 2,553 SF | ✓ |
| 591 | MASONRY TRIM SF | 1,500 SF | ✗ |
| 011C | PORCH OPEN 1ST COMM | 301 SF | ✗ |
| 012C | PORCH OPEN 2 COMM | 80 SF | ✗ |
| 132 | PLBG 5-FIXT AVG | 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% | $12,991.20 | $12,991.20 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $7,357.98 | $7,357.98 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $5,277.43 | $5,277.43 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,657.22 | $1,657.22 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,451.89 | $1,451.89 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $28,735.72 | $28,735.72 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,404,150 | $1,404,150 | +0.0% |
| Assessed Value | $1,404,150 | $1,404,150 | +0.0% |
| Land Value | $715,000 | $715,000 | +0.0% |
| Improvement Value | $689,150 | $689,150 | +0.0% |
| Taxable Value | $1,404,150 | $1,404,150 | +0.0% |
| Total Tax 2026 = estimate |
~$28,736
Estimated
|
~$28,736
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,404,150 | $1,404,150 | +0 (+0.0%) |
| Taxable Value | $1,404,150 | $1,404,150 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,404,150 | $715,000 | $689,150 | — | $1,404,150 | $1,404,150 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,404,150 | $715,000 | $689,150 | — | $1,404,150 | $1,404,150 | ~$28,736 | Partial |
| 2024 | $1,276,500 | — | — | −$561,500 | $715,000 | $— | $26,310 | Verified |
| 2023 | $1,200,000 | — | — | −$485,000 | $715,000 | $— | $23,095 | Verified |
| 2022 | $1,222,451 | — | — | −$686,201 | $536,250 | $— | $23,699 | Verified |
| 2021 | $1,225,440 | — | — | −$689,190 | $536,250 | $— | $26,609 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2025 | +5.8% | +5.8% | ~100% | Not available | Partial |
| 2024 | +4.0% | +4.0% | ~100% | 1.9800% | Verified |
| 2023 | +6.4% | +6.4% | ~100% | 1.8100% | Verified |
| 2022 | -1.8% | -1.8% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1700% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +14.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +2.9% | +3.5% | +10.0% | 2025 | -1.8% | 2023 |
| Assessment Ratio | 100.0% | 67.2% | — | 100.0% | 2025 | 43.8% | 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 |
$28,736 | $25,690 | ~$30,307 | $28,736 | 2025 | $23,095 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,452,760 | ~$1,452,760 | ~2.0139% | ~$29,258 | +3.5% |
| 2027 | ~$1,503,053 | ~$1,503,053 | ~1.9814% | ~$29,781 | +7.0% |
| 2028 | ~$1,555,087 | ~$1,555,087 | ~1.9488% | ~$30,306 | +10.7% |
| 2029 | ~$1,608,922 | ~$1,608,922 | ~1.9163% | ~$30,832 | +14.6% |
| 2030 | ~$1,664,621 | ~$1,664,621 | ~1.8837% | ~$31,357 | +18.6% |
| 2026 | ~$1,424,677 | ~$1,424,677 | ~2.0465% | ~$29,156 | +1.5% |
| 2027 | ~$1,445,504 | ~$1,445,504 | ~2.0465% | ~$29,582 | +2.9% |
| 2028 | ~$1,466,636 | ~$1,466,636 | ~2.0465% | ~$30,014 | +4.5% |
| 2029 | ~$1,488,076 | ~$1,488,076 | ~2.0465% | ~$30,453 | +6.0% |
| 2030 | ~$1,509,830 | ~$1,509,830 | ~2.0465% | ~$30,898 | +7.5% |
| 2026 | ~$1,480,843 | ~$1,480,843 | ~1.9977% | ~$29,582 | +5.5% |
| 2027 | ~$1,561,725 | ~$1,561,725 | ~1.9488% | ~$30,436 | +11.2% |
| 2028 | ~$1,647,024 | ~$1,647,024 | ~1.9000% | ~$31,294 | +17.3% |
| 2029 | ~$1,736,983 | ~$1,736,983 | ~1.8512% | ~$32,155 | +23.7% |
| 2030 | ~$1,831,855 | ~$1,831,855 | ~1.8024% | ~$33,017 | +30.5% |
In 2025, this property's market value of $1,404,150 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — +170% 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 | $1,404,150 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $1,276,500 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $1,200,000 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $1,222,451 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $1,225,440 | $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.