711 W 32 ST TX 78705
| Owner | BUCKINGHAM INVESTMENTS LTD |
|---|---|
| Parcel ID | 0217020421 |
| Short ID | 211163 |
| Type | Real |
| Use Code | 07 Apartment 50–100 Units |
| Valuation | Income |
| Improvement SF | 44,000 SF |
| Land SF | 57,750 SF |
| Acres | 1.326 |
| Year Built | 2009 |
| Legal | LOT 7-10 BLK 1 OLT 75 DIV D SMYTH ADDN |
| Neighborhood | 08WC1 |
| Land | $4,620,000 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $4,620,000 |
| Improvement | $4,170,000 |
|---|---|
| Total Improvement | $4,170,000 |
| Market | $8,790,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $8,790,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $8,790,000 |
| Taxable Value | $8,790,000 |
|---|
Appreciation: Market value has fallen -9.8% from $9,750,000 (2021) to $8,790,000 (2025), a CAGR of -2.6% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2024→2025), 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 $179,886. 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 53% of market value ($4,620,000 land vs $4,170,000 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 $8,790,000, 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 -2.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $7,721,812 by 2030, with an estimated annual tax burden around $145,459. 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.
4 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 30,000 SF | ✗ |
| 1ST | 1st Floor | 22,000 SF | ✓ |
| 2ND | 2nd Floor | 22,000 SF | ✓ |
| 132 | PLBG 5-FIXT AVG | 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% | $81,325.08 | $81,325.08 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $46,061.09 | $46,061.09 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $33,036.78 | $33,036.78 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $10,374.22 | $10,374.22 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $9,088.86 | $9,088.86 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $179,886.03 | $179,886.03 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $8,605,239 | $8,790,000 | -2.1% |
| Assessed Value | $8,605,239 | $8,790,000 | -2.1% |
| Land Value | $5,775,000 | $4,620,000 | +25.0% |
| Improvement Value | $2,830,239 | $4,170,000 | -32.1% |
| Taxable Value | $8,605,239 | $8,790,000 | -2.1% |
| Total Tax 2026 = estimate |
~$176,105
Estimated
|
~$179,886
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $8,605,239 | $8,605,239 | +0 (+0.0%) |
| Taxable Value | $8,605,239 | $8,605,239 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $8,605,239 | $5,775,000 | $2,830,239 | — | $8,605,239 | $8,605,239 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $8,790,000 | $4,620,000 | $4,170,000 | — | $8,790,000 | $8,790,000 | ~$179,886 | Partial |
| 2024 | $10,200,000 | — | — | −$5,580,000 | $4,620,000 | $— | $187,281 | Verified |
| 2023 | $10,260,000 | — | — | −$5,640,000 | $4,620,000 | $— | $184,543 | Verified |
| 2022 | $9,450,000 | — | — | −$5,754,000 | $3,696,000 | $— | $202,627 | Verified |
| 2021 | $9,750,000 | — | — | −$6,054,000 | $3,696,000 | $— | $205,696 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -2.1% | -2.1% | ~100% | Not available | Partial |
| 2025 | -7.0% | -7.0% | ~100% | Not available | Partial |
| 2024 | -7.4% | -7.4% | ~100% | 1.9800% | Verified |
| 2023 | -0.6% | -0.6% | ~100% | 1.8100% | Verified |
| 2022 | +8.6% | +8.6% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1100% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -7.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -2.1% | -2.2% | -2.1% | +8.6% | 2023 | -13.8% | 2025 |
| Assessment Ratio | 100.0% | 61.2% | — | 100.0% | 2025 | 37.9% | 2021 |
| 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 |
$179,886 | $192,007 | ~$158,734 | $205,696 | 2021 | $179,886 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$8,565,149 | ~$8,565,149 | ~2.0139% | ~$172,497 | -2.6% |
| 2027 | ~$8,346,050 | ~$8,346,050 | ~1.9814% | ~$165,368 | -5.1% |
| 2028 | ~$8,132,556 | ~$8,132,556 | ~1.9488% | ~$158,490 | -7.5% |
| 2029 | ~$7,924,523 | ~$7,924,523 | ~1.9163% | ~$151,857 | -9.8% |
| 2030 | ~$7,721,812 | ~$7,721,812 | ~1.8837% | ~$145,459 | -12.2% |
| 2026 | ~$8,389,349 | ~$8,389,349 | ~2.0465% | ~$171,687 | -4.6% |
| 2027 | ~$8,006,960 | ~$8,006,960 | ~2.0465% | ~$163,861 | -8.9% |
| 2028 | ~$7,642,001 | ~$7,642,001 | ~2.0465% | ~$156,392 | -13.1% |
| 2029 | ~$7,293,676 | ~$7,293,676 | ~2.0465% | ~$149,264 | -17.0% |
| 2030 | ~$6,961,229 | ~$6,961,229 | ~2.0465% | ~$142,461 | -20.8% |
| 2026 | ~$8,740,949 | ~$8,740,949 | ~1.9977% | ~$174,615 | -0.6% |
| 2027 | ~$8,692,172 | ~$8,692,172 | ~1.9488% | ~$169,396 | -1.1% |
| 2028 | ~$8,643,668 | ~$8,643,668 | ~1.9000% | ~$164,231 | -1.7% |
| 2029 | ~$8,595,434 | ~$8,595,434 | ~1.8512% | ~$159,118 | -2.2% |
| 2030 | ~$8,547,469 | ~$8,547,469 | ~1.8024% | ~$154,057 | -2.8% |
In 2025, this property's market value of $8,790,000 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 17× 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 | $8,790,000 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $10,200,000 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $10,260,000 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $9,450,000 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $9,750,000 | $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.