701 W 32 ST TX
| Owner | CLOWN SUIT LLC |
|---|---|
| Parcel ID | 0217020403 |
| Short ID | 211147 |
| Type | Real |
| Use Code | 02 Duplex |
| Valuation | Cost |
| Improvement SF | 5,086 SF |
| Land SF | 8,973 SF |
| Acres | 0.206 |
| Year Built | 1907 |
| Legal | E 60FT LOT 5-6 BLK 1 OLT 75 DIV D SMYTH ADDN |
| Neighborhood | Z40005 |
| Land | $628,588 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $628,588 |
| Improvement | $768,514 |
|---|---|
| Total Improvement | $768,514 |
| Market | $1,397,102 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,397,102 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,397,102 |
| Taxable Value | $1,397,102 |
|---|
Appreciation: Market value has risen +116.2% from $646,200 (2021) to $1,397,102 (2025), a CAGR of 21.3% 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 $28,591. 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 45% of market value ($628,588 land vs $768,514 improvements), about $70/SF of land. Most value sits in the improvements, so building condition, age (~119 yrs), and rent roll drive the underwriting.
Submarket Position: At $1,397,102, 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 +21.3% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $3,662,727 by 2030, with an estimated annual tax burden around $42,385. 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.
10 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 095 | HVAC RESIDENTIAL | 5,086 SF | ✗ |
| 1ST | 1st Floor | 2,499 SF | ✓ |
| 2ND | 2nd Floor | 2,299 SF | ✓ |
| 612 | TERRACE UNCOVERD | 606 SF | ✗ |
| 571 | STORAGE DET | 396 SF | ✓ |
| 512 | DECK UNCOVRED | 360 SF | ✗ |
| 011 | PORCH OPEN 1ST F | 288 SF | ✗ |
| 1/2 | Half Floor | 288 SF | ✓ |
| SO | Sketch Only | 288 SF | ✗ |
| 251 | BATHROOM | 5 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% | $12,925.99 | $12,925.99 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $7,321.05 | $7,321.05 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $5,250.94 | $5,250.94 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,648.90 | $1,648.90 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,444.60 | $1,444.60 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $28,591.48 | $28,591.48 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,517,867 | $1,397,102 | +8.6% |
| Assessed Value | $1,517,867 | $1,397,102 | +8.6% |
| Land Value | $628,588 | $628,588 | +0.0% |
| Improvement Value | $889,279 | $768,514 | +15.7% |
| Taxable Value | $1,517,867 | $1,397,102 | +8.6% |
| Total Tax 2026 = estimate |
~$31,063
Estimated
|
~$28,591
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,517,867 | $1,517,867 | +0 (+0.0%) |
| Taxable Value | $1,517,867 | $1,517,867 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,517,867 | $628,588 | $889,279 | — | $1,517,867 | $1,517,867 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,397,102 | $628,588 | $768,514 | — | $1,397,102 | $1,397,102 | ~$28,591 | Partial |
| 2024 | $1,103,946 | — | — | −$443,946 | $660,000 | $— | $26,254 | Verified |
| 2023 | $1,237,191 | — | — | −$577,191 | $660,000 | $— | $19,973 | Verified |
| 2022 | $975,500 | — | — | −$315,500 | $660,000 | $— | $24,434 | Verified |
| 2021 | $646,200 | — | — | −$217,200 | $429,000 | $— | $21,234 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +8.6% | +8.6% | ~100% | Not available | Partial |
| 2025 | -10.7% | +5.5% | ~100% | Not available | Partial |
| 2024 | +41.7% | +20.0% | 84.7% | 1.6800% | Verified |
| 2023 | -10.8% | -10.8% | ~100% | 1.8100% | Verified |
| 2022 | +26.8% | +26.8% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 3.2900% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +43.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +8.6% | +20.4% | +19.3% | +51.0% | 2022 | -10.8% | 2024 |
| Assessment Ratio | 100.0% | 74.5% | — | 100.0% | 2025 | 53.3% | 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 |
$28,591 | $24,097 | ~$36,454 | $28,591 | 2025 | $19,973 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,694,117 | ~$1,536,812 | ~2.0139% | ~$30,950 | +21.3% |
| 2027 | ~$2,054,276 | ~$1,690,493 | ~1.9814% | ~$33,495 | +47.0% |
| 2028 | ~$2,491,001 | ~$1,859,543 | ~1.9488% | ~$36,240 | +78.3% |
| 2029 | ~$3,020,573 | ~$2,045,497 | ~1.9163% | ~$39,198 | +116.2% |
| 2030 | ~$3,662,727 | ~$2,250,047 | ~1.8837% | ~$42,385 | +162.2% |
| 2026 | ~$1,666,175 | ~$1,536,812 | ~2.0465% | ~$31,451 | +19.3% |
| 2027 | ~$1,987,070 | ~$1,690,493 | ~2.0465% | ~$34,596 | +42.2% |
| 2028 | ~$2,369,767 | ~$1,859,543 | ~2.0465% | ~$38,055 | +69.6% |
| 2029 | ~$2,826,169 | ~$2,045,497 | ~2.0465% | ~$41,861 | +102.3% |
| 2030 | ~$3,370,471 | ~$2,250,047 | ~2.0465% | ~$46,047 | +141.2% |
| 2026 | ~$1,722,059 | ~$1,536,812 | ~1.9977% | ~$30,700 | +23.3% |
| 2027 | ~$2,122,599 | ~$1,690,493 | ~1.9488% | ~$32,945 | +51.9% |
| 2028 | ~$2,616,302 | ~$1,859,543 | ~1.9000% | ~$35,332 | +87.3% |
| 2029 | ~$3,224,837 | ~$2,045,497 | ~1.8512% | ~$37,866 | +130.8% |
| 2030 | ~$3,974,914 | ~$2,250,047 | ~1.8024% | ~$40,554 | +184.5% |
In 2025, this property's market value of $1,397,102 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — +169% 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 | $1,397,102 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $1,103,946 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $1,237,191 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $975,500 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $646,200 | $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.