3102 CEDAR ST TX 78705
| Owner | WALLEIGH RICHARD & WENDY FAMILY TRUST |
|---|---|
| Parcel ID | 0216040631 |
| Short ID | 210224 |
| Type | Real |
| Use Code | 02 Duplex |
| Valuation | Cost |
| Improvement SF | 3,838 SF |
| Land SF | 7,130 SF |
| Acres | 0.164 |
| Year Built | 1977 |
| Legal | LOT B RESUB OF LOT 5-8 BLK 12 OLT 73 DIV D FRUTH ADDN |
| Neighborhood | Z50005 |
| Land | $557,200 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $557,200 |
| Improvement | $447,055 |
|---|---|
| Total Improvement | $447,055 |
| Market | $1,004,255 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,004,255 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,004,255 |
| Taxable Value | $1,004,255 |
|---|
Appreciation: Market value has risen +41.5% from $709,647 (2021) to $1,004,255 (2025), a CAGR of 9.1% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2021→2022), 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 $20,552. 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 55% of market value ($557,200 land vs $447,055 improvements), about $78/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $1,004,255, 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 +9.1% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,550,051 by 2030, with an estimated annual tax burden around $29,199. 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 |
|---|---|---|---|
| 095 | HVAC RESIDENTIAL | 3,838 SF | ✗ |
| 1ST | 1st Floor | 1,378 SF | ✓ |
| 2ND | 2nd Floor | 1,294 SF | ✓ |
| 3RD | 3rd Floor | 1,166 SF | ✓ |
| 612 | TERRACE UNCOVERD | 537 SF | ✗ |
| 012 | PORCH OPEN 2ND F | 84 SF | ✗ |
| 011 | PORCH OPEN 1ST F | 36 SF | ✗ |
| 251 | BATHROOM | 6 SF | ✓ |
| 522 | FIREPLACE | 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% | $9,291.37 | $9,291.37 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $5,262.47 | $5,262.47 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,774.44 | $3,774.44 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,185.25 | $1,185.25 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,038.40 | $1,038.40 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $20,551.93 | $20,551.93 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $980,700 | $1,004,255 | -2.3% |
| Assessed Value | $980,700 | $1,004,255 | -2.3% |
| Land Value | $557,200 | $557,200 | +0.0% |
| Improvement Value | $423,500 | $447,055 | -5.3% |
| Taxable Value | $980,700 | $1,004,255 | -2.3% |
| Total Tax 2026 = estimate |
~$20,070
Estimated
|
~$20,552
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,211,064 | $980,700 | -230,364 (-19.0%) |
| Taxable Value | $1,205,106 | $980,700 | -224,406 (-18.6%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $980,700 | $557,200 | $423,500 | — | $980,700 | $980,700 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,004,255 | $557,200 | $447,055 | — | $1,004,255 | $1,004,255 | ~$20,552 | Partial |
| 2024 | $1,009,431 | — | — | −$409,431 | $600,000 | $— | $21,401 | Verified |
| 2023 | $1,141,861 | — | — | −$716,861 | $425,000 | $— | $18,263 | Verified |
| 2022 | $990,700 | — | — | −$565,700 | $425,000 | $— | $22,551 | Verified |
| 2021 | $709,647 | — | — | −$284,647 | $425,000 | $— | $21,564 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +20.6% | +20.0% | ~100% | Not available | Partial |
| 2025 | -7.0% | -7.0% | ~100% | Not available | Partial |
| 2024 | +7.0% | +7.0% | ~100% | 1.9800% | Verified |
| 2023 | -11.6% | -11.6% | ~100% | 1.8100% | Verified |
| 2022 | +15.3% | +15.3% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 3.0400% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +1.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -2.3% | +8.1% | +9.6% | +39.6% | 2022 | -11.6% | 2024 |
| Assessment Ratio | 100.0% | 66.6% | — | 100.0% | 2025 | 37.2% | 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 |
$20,552 | $20,866 | ~$25,511 | $22,551 | 2022 | $18,263 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,095,329 | ~$1,095,329 | ~2.0139% | ~$22,059 | +9.1% |
| 2027 | ~$1,194,661 | ~$1,194,661 | ~1.9814% | ~$23,671 | +19.0% |
| 2028 | ~$1,303,002 | ~$1,303,002 | ~1.9488% | ~$25,393 | +29.7% |
| 2029 | ~$1,421,169 | ~$1,421,169 | ~1.9163% | ~$27,234 | +41.5% |
| 2030 | ~$1,550,051 | ~$1,550,051 | ~1.8837% | ~$29,199 | +54.3% |
| 2026 | ~$1,075,243 | ~$1,075,243 | ~2.0465% | ~$22,005 | +7.1% |
| 2027 | ~$1,151,250 | ~$1,151,250 | ~2.0465% | ~$23,560 | +14.6% |
| 2028 | ~$1,232,629 | ~$1,232,629 | ~2.0465% | ~$25,226 | +22.7% |
| 2029 | ~$1,319,761 | ~$1,319,761 | ~2.0465% | ~$27,009 | +31.4% |
| 2030 | ~$1,413,052 | ~$1,413,052 | ~2.0465% | ~$28,918 | +40.7% |
| 2026 | ~$1,115,414 | ~$1,104,680 | ~1.9977% | ~$22,068 | +11.1% |
| 2027 | ~$1,238,876 | ~$1,215,149 | ~1.9488% | ~$23,681 | +23.4% |
| 2028 | ~$1,376,005 | ~$1,336,663 | ~1.9000% | ~$25,397 | +37.0% |
| 2029 | ~$1,528,311 | ~$1,470,330 | ~1.8512% | ~$27,219 | +52.2% |
| 2030 | ~$1,697,477 | ~$1,617,363 | ~1.8024% | ~$29,151 | +69.0% |
In 2025, this property's market value of $1,004,255 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — +93% 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 | $1,004,255 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $1,009,431 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $1,141,861 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $990,700 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $709,647 | $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.