107 E 31 ST TX 78705
| Owner | DC+CJ 31ST STREET LLC |
|---|---|
| Parcel ID | 0216041304 |
| Short ID | 210427 |
| Type | Real |
| Use Code | 05 Apartment 5–25 Units |
| Valuation | Income |
| Improvement SF | 9,020 SF |
| Land SF | 17,794 SF |
| Acres | 0.408 |
| Year Built | 2018 |
| Legal | LOT 6-7 BLK 2 DIV D GROOMS ADDN |
| Neighborhood | 05WC1 |
| Land | $1,779,438 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,779,438 |
| Improvement | $1,873,662 |
|---|---|
| Total Improvement | $1,873,662 |
| Market | $3,653,100 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $3,653,100 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $3,653,100 |
| Taxable Value | $3,653,100 |
|---|
Appreciation: Market value has risen +161.3% from $1,398,100 (2021) to $3,653,100 (2025), a CAGR of 27.1% 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 $74,760. 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 49% of market value ($1,779,438 land vs $1,873,662 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 $3,653,100, 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 +27.1% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $12,135,725 by 2030, with an estimated annual tax burden around $110,827. 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.
1 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 9,020 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% | $31,367.89 | $31,367.89 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $17,766.22 | $17,766.22 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $12,742.61 | $12,742.61 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $4,001.44 | $4,001.44 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $3,505.66 | $3,505.66 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $69,383.82 | $69,383.82 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $3,427,600 | $3,653,100 | -6.2% |
| Assessed Value | $3,427,600 | $3,653,100 | -6.2% |
| Land Value | $1,779,438 | $1,779,438 | +0.0% |
| Improvement Value | $1,648,162 | $1,873,662 | -12.0% |
| Taxable Value | $3,427,600 | $3,653,100 | -6.2% |
| Total Tax 2026 = estimate |
~$70,145
Estimated
|
~$69,384
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $3,427,600 | $3,427,600 | +0 (+0.0%) |
| Taxable Value | $3,427,600 | $3,427,600 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $3,427,600 | $1,779,438 | $1,648,162 | — | $3,427,600 | $3,427,600 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $3,653,100 | $1,779,438 | $1,873,662 | — | $3,653,100 | $3,653,100 | ~$69,384 | Partial |
| 2024 | $3,021,700 | — | — | −$1,242,262 | $1,779,438 | $— | $62,280 | Verified |
| 2023 | $2,841,300 | — | — | −$1,061,862 | $1,779,438 | $— | $54,670 | Verified |
| 2022 | $2,300,000 | — | — | −$876,450 | $1,423,550 | $— | $56,113 | Verified |
| 2021 | $1,398,100 | — | — | — | $1,423,550 ! | $— | $50,064 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -6.2% | -6.2% | ~100% | Not available | Partial |
| 2025 | +14.1% | +14.1% | ~100% | Not available | Partial |
| 2024 | +6.0% | +6.0% | ~100% | 1.9500% | Verified |
| 2023 | +6.3% | +6.3% | ~100% | 1.8100% | Verified |
| 2022 | +23.5% | +23.5% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 3.5800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +58.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -6.2% | +21.8% | +28.8% | +64.5% | 2022 | -6.2% | 2026 |
| Assessment Ratio | 100.0% | 80.9% | — | 101.8% | 2021 | 58.9% | 2024 |
| Effective Tax Rate (2025) | 1.9000% | 1.9000% | — | 1.9000% | 2025 | 1.9000% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$69,384 | $58,502 | ~$95,318 | $69,384 | 2025 | $50,064 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$4,644,537 | ~$4,018,410 | ~2.0139% | ~$80,928 | +27.1% |
| 2027 | ~$5,905,045 | ~$4,420,251 | ~1.9814% | ~$87,582 | +61.6% |
| 2028 | ~$7,507,651 | ~$4,862,276 | ~1.9488% | ~$94,758 | +105.5% |
| 2029 | ~$9,545,197 | ~$5,348,504 | ~1.9163% | ~$102,493 | +161.3% |
| 2030 | ~$12,135,725 | ~$5,883,354 | ~1.8837% | ~$110,827 | +232.2% |
| 2026 | ~$4,571,475 | ~$4,018,410 | ~2.0465% | ~$82,236 | +25.1% |
| 2027 | ~$5,720,725 | ~$4,420,251 | ~2.0465% | ~$90,460 | +56.6% |
| 2028 | ~$7,158,892 | ~$4,862,276 | ~2.0465% | ~$99,506 | +96.0% |
| 2029 | ~$8,958,609 | ~$5,348,504 | ~2.0465% | ~$109,456 | +145.2% |
| 2030 | ~$11,210,767 | ~$5,883,354 | ~2.0465% | ~$120,402 | +206.9% |
| 2026 | ~$4,717,599 | ~$4,018,410 | ~1.9977% | ~$80,274 | +29.1% |
| 2027 | ~$6,092,288 | ~$4,420,251 | ~1.9488% | ~$86,144 | +66.8% |
| 2028 | ~$7,867,556 | ~$4,862,276 | ~1.9000% | ~$92,384 | +115.4% |
| 2029 | ~$10,160,130 | ~$5,348,504 | ~1.8512% | ~$99,011 | +178.1% |
| 2030 | ~$13,120,751 | ~$5,883,354 | ~1.8024% | ~$106,040 | +259.2% |
In 2025, this property's market value of $3,653,100 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 7× 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 | $3,653,100 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $3,021,700 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $2,841,300 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $2,300,000 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $1,398,100 | $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.