3007 FRUTH ST A TX 78705
| Owner | FRIO PROPERTY LTD |
|---|---|
| Parcel ID | 0216040914 |
| Short ID | 210348 |
| Type | Real |
| Use Code | 05 Apartment 5–25 Units |
| Valuation | Income |
| Improvement SF | 3,392 SF |
| Land SF | 11,264 SF |
| Acres | 0.259 |
| Year Built | 1930 |
| Legal | LOT 4-5 BLK 9 OLT 73 DIV D FRUTH ADDN |
| Neighborhood | 05WC1 |
| Land | $1,126,400 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,126,400 |
| Improvement | $8,726 |
|---|---|
| Total Improvement | $8,726 |
| Market | $1,135,126 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,135,126 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,135,126 |
| Taxable Value | $1,135,126 |
|---|
Appreciation: Market value has risen +31.7% from $861,776 (2021) to $1,135,126 (2025), a CAGR of 7.1% over 4 years. This represents moderate, steady growth. 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 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 $23,230. 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 99% of market value ($1,126,400 land vs $8,726 improvements), about $100/SF of land. With value concentrated in the land under a ~96-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 $1,135,126, 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 +7.1% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,601,792 by 2030, with an estimated annual tax burden around $30,174. 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 | 2,240 SF | ✓ |
| 041C | GARAGE ATT 1ST COMM | 1,296 SF | ✓ |
| 2ND | 2nd Floor | 1,152 SF | ✓ |
| 011C | PORCH OPEN 1ST COMM | 256 SF | ✗ |
| 612C | TERRACE UNCOVERD COMM | 140 SF | ✗ |
| SO | Sketch Only | 140 SF | ✗ |
| 251 | BATHROOM | 8 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% | $9,714.60 | $9,714.60 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $5,502.18 | $5,502.18 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,946.37 | $3,946.37 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,239.24 | $1,239.24 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,085.70 | $1,085.70 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $21,488.09 | $21,488.09 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,050,000 | $1,135,126 | -7.5% |
| Assessed Value | $1,050,000 | $1,135,126 | -7.5% |
| Land Value | $1,126,400 | $1,126,400 | +0.0% |
| Improvement Value | — | $8,726 | — |
| Taxable Value | $1,050,000 | $1,135,126 | -7.5% |
| Total Tax 2026 = estimate |
~$21,488
Estimated
|
~$21,488
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,135,399 | $1,050,000 | -85,399 (-7.5%) |
| Taxable Value | $1,135,399 | $1,050,000 | -85,399 (-7.5%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,050,000 | $1,126,400 | — | — | $1,050,000 | $1,050,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,135,126 | $1,126,400 | $8,726 | — | $1,135,126 | $1,135,126 | ~$21,488 | Partial |
| 2024 | $1,067,547 | — | — | — | $1,126,400 ! | $— | $23,089 | Verified |
| 2023 | $886,604 | — | — | — | $1,067,547 ! | $— | $19,315 | Verified |
| 2022 | $859,674 | — | — | −$14,874 | $844,800 | $— | $17,510 | Verified |
| 2021 | $861,776 | — | — | −$16,976 | $844,800 | $— | $18,712 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2025 | -2.6% | -2.6% | ~100% | Not available | Partial |
| 2024 | +9.1% | +9.1% | ~100% | 1.9800% | Verified |
| 2023 | +20.4% | +20.4% | ~100% | 1.8100% | Verified |
| 2022 | +3.1% | +3.1% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1700% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +32.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -7.5% | +4.4% | +8.9% | +20.4% | 2024 | -7.5% | 2026 |
| Assessment Ratio | 100.0% | 103.7% | — | 120.4% | 2023 | 98.0% | 2021 |
| Effective Tax Rate (2025) | 1.8900% | 1.8900% | — | 1.8900% | 2025 | 1.8900% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$21,488 | $20,023 | ~$27,266 | $23,089 | 2024 | $17,510 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,216,064 | ~$1,216,064 | ~2.0139% | ~$24,491 | +7.1% |
| 2027 | ~$1,302,773 | ~$1,302,773 | ~1.9814% | ~$25,813 | +14.8% |
| 2028 | ~$1,395,665 | ~$1,395,665 | ~1.9488% | ~$27,199 | +23.0% |
| 2029 | ~$1,495,181 | ~$1,495,181 | ~1.9163% | ~$28,652 | +31.7% |
| 2030 | ~$1,601,792 | ~$1,601,792 | ~1.8837% | ~$30,174 | +41.1% |
| 2026 | ~$1,193,362 | ~$1,193,362 | ~2.0465% | ~$24,422 | +5.1% |
| 2027 | ~$1,254,585 | ~$1,254,585 | ~2.0465% | ~$25,675 | +10.5% |
| 2028 | ~$1,318,949 | ~$1,318,949 | ~2.0465% | ~$26,992 | +16.2% |
| 2029 | ~$1,386,616 | ~$1,386,616 | ~2.0465% | ~$28,377 | +22.2% |
| 2030 | ~$1,457,753 | ~$1,457,753 | ~2.0465% | ~$29,833 | +28.4% |
| 2026 | ~$1,238,767 | ~$1,238,767 | ~1.9977% | ~$24,746 | +9.1% |
| 2027 | ~$1,351,870 | ~$1,351,870 | ~1.9488% | ~$26,346 | +19.1% |
| 2028 | ~$1,475,300 | ~$1,475,300 | ~1.9000% | ~$28,031 | +30.0% |
| 2029 | ~$1,610,000 | ~$1,610,000 | ~1.8512% | ~$29,804 | +41.8% |
| 2030 | ~$1,756,998 | ~$1,756,998 | ~1.8024% | ~$31,668 | +54.8% |
In 2025, this property's market value of $1,135,126 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — +118% 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 | $1,135,126 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $1,067,547 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $886,604 | $503,905 | $617,035 | $919,932 | ↑ Above median | +0.9% |
| 2022 | $859,674 | $506,618 | $615,058 | $906,429 | ↑ Above median | +39.1% |
| 2021 | $861,776 | $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.