702 TEXAS AVE TX
| Owner | WIGGINS ADRIENNE L & MILES RANDALL |
|---|---|
| Parcel ID | 0216070413 |
| Short ID | 210572 |
| Type | Real |
| Use Code | 02 Duplex |
| Valuation | Cost |
| Improvement SF | 2,264 SF |
| Land SF | 6,736 SF |
| Acres | 0.155 |
| Year Built | 1932 |
| Legal | E40FT OF LOT 2 * & W10FT OF LOT 3 BLK 7 OLT 7&8 DIV C HARPER W A SUBD |
| Neighborhood | Z64005 |
| Land | $537,876 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $537,876 |
| Improvement | $236,462 |
|---|---|
| Total Improvement | $236,462 |
| Market | $774,338 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $774,338 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $774,338 |
| Exemptions (−) (HS) | −$154,868 |
|---|---|
| Taxable Value | $619,470 |
Appreciation: Market value has risen +30.8% from $591,784 (2021) to $774,338 (2025), a CAGR of 7.0% over 4 years. This represents moderate, steady growth. Most of this growth came in a single year (2022→2023), 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 $12,677. Austin ISD is the largest single contributor, at 45.3% 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 69% of market value ($537,876 land vs $236,462 improvements), about $80/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $774,338, 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 +7.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,083,652 by 2030, with an estimated annual tax burden around $20,413. 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.
11 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 095 | HVAC RESIDENTIAL | 1,760 SF | ✗ |
| 1ST | 1st Floor | 1,414 SF | ✓ |
| 2ND | 2nd Floor | 850 SF | ✓ |
| 031 | GARAGE DET 1ST F | 396 SF | ✓ |
| 041 | GARAGE ATT 1ST F | 180 SF | ✓ |
| 612 | TERRACE UNCOVERD | 72 SF | ✗ |
| 613 | TERRACE COVERED | 70 SF | ✗ |
| 011 | PORCH OPEN 1ST F | 40 SF | ✗ |
| 012 | PORCH OPEN 2ND F | 40 SF | ✗ |
| 251 | BATHROOM | 3 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% | $5,868.90 | $5,868.90 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $3,246.13 | $3,246.13 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,328.25 | $2,328.25 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $792.66 | $792.66 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $731.12 | $731.12 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $12,967.06 | $12,967.06 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,022,879 | $774,338 | +32.1% |
| Assessed Value | $851,772 | $774,338 | +10.0% |
| Land Value | $520,376 | $537,876 | -3.3% |
| Improvement Value | $502,503 | $236,462 | +112.5% |
| Taxable Value | $681,418 | $619,470 | +10.0% |
| Exemptions | HS | HS | |
| HS Cap Loss | -$171,107 | — | |
| Total Tax 2026 = estimate |
~$13,945
Estimated
|
~$12,967
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,022,879 | $1,022,879 | +0 (+0.0%) |
| Taxable Value | $681,418 | $681,418 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,022,879 | $520,376 | $502,503 | −$171,107 | $851,772 | $681,418 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $774,338 | $537,876 | $236,462 | — | $774,338 | $619,470 | ~$12,967 | Partial |
| 2024 | $911,544 | — | — | −$161,544 | $750,000 | $— | $15,698 | Verified |
| 2023 | $911,544 | — | — | −$561,544 | $350,000 | $— | $14,072 | Verified |
| 2022 | $650,000 | — | — | −$300,000 | $350,000 | $— | $15,991 | Verified |
| 2021 | $591,784 | — | — | −$266,784 | $325,000 | $— | $14,148 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +32.1% | +10.0% | 83.3% | Not available | Partial |
| 2025 | -16.5% | -16.5% | ~100% | Not available | Partial |
| 2024 | +1.8% | +1.8% | ~100% | 1.6900% | Verified |
| 2023 | -15.6% | -15.6% | ~100% | 1.5400% | Verified |
| 2022 | +66.1% | +66.1% | ~100% | 1.4800% | Verified |
| 2021 | base year | — | ~100% | 2.3900% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +19.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +32.1% | +13.4% | +1.8% | +40.2% | 2023 | -15.1% | 2025 |
| Assessment Ratio | 83.3% | 68.8% | — | 100.0% | 2025 | 38.4% | 2023 |
| Effective Tax Rate (2025) | 1.6700% | 1.6700% | — | 1.6700% | 2025 | 1.6700% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$12,967 | $14,575 | ~$18,504 | $15,991 | 2022 | $12,967 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$828,176 | ~$828,176 | ~2.0139% | ~$16,679 | +7.0% |
| 2027 | ~$885,756 | ~$885,756 | ~1.9814% | ~$17,550 | +14.4% |
| 2028 | ~$947,340 | ~$947,340 | ~1.9488% | ~$18,462 | +22.3% |
| 2029 | ~$1,013,206 | ~$1,013,206 | ~1.9163% | ~$19,416 | +30.8% |
| 2030 | ~$1,083,652 | ~$1,083,652 | ~1.8837% | ~$20,413 | +39.9% |
| 2026 | ~$812,689 | ~$812,689 | ~2.0465% | ~$16,632 | +5.0% |
| 2027 | ~$852,939 | ~$852,939 | ~2.0465% | ~$17,455 | +10.2% |
| 2028 | ~$895,183 | ~$895,183 | ~2.0465% | ~$18,320 | +15.6% |
| 2029 | ~$939,519 | ~$939,519 | ~2.0465% | ~$19,227 | +21.3% |
| 2030 | ~$986,050 | ~$986,050 | ~2.0465% | ~$20,179 | +27.3% |
| 2026 | ~$843,662 | ~$843,662 | ~1.9977% | ~$16,854 | +9.0% |
| 2027 | ~$919,193 | ~$919,193 | ~1.9488% | ~$17,914 | +18.7% |
| 2028 | ~$1,001,486 | ~$1,001,486 | ~1.9000% | ~$19,028 | +29.3% |
| 2029 | ~$1,091,146 | ~$1,091,146 | ~1.8512% | ~$20,199 | +40.9% |
| 2030 | ~$1,188,833 | ~$1,188,833 | ~1.8024% | ~$21,427 | +53.5% |
In 2025, this property's market value of $774,338 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — +49% 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 | $774,338 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $911,544 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $911,544 | $503,905 | $617,035 | $919,932 | ↑ Above median | +0.9% |
| 2022 | $650,000 | $506,618 | $615,058 | $906,429 | ↑ Above median | +39.1% |
| 2021 | $591,784 | $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.