3204 TOM GREEN ST TX 78705
| Owner | ODZA PETER DREW |
|---|---|
| Parcel ID | 0217060108 |
| Short ID | 211461 |
| Type | Real |
| Use Code | 05 Apartment 5–25 Units |
| Valuation | Income |
| Improvement SF | 2,496 SF |
| Land SF | 7,200 SF |
| Acres | 0.165 |
| Year Built | 1960 |
| Legal | LOT 8 BLK 17 DIV D STECK E L |
| Neighborhood | 05WC2 |
| Land | $720,000 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $720,000 |
| Improvement | $203,520 |
|---|---|
| Total Improvement | $203,520 |
| Market | $923,520 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $923,520 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $923,520 |
| Taxable Value | $923,520 |
|---|
Appreciation: Market value has risen +48.0% from $624,000 (2021) to $923,520 (2025), a CAGR of 10.3% 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 $18,900. 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 78% of market value ($720,000 land vs $203,520 improvements), about $100/SF of land. With value concentrated in the land under a ~66-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 $923,520, 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 +10.3% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,507,556 by 2030, with an estimated annual tax burden around $28,018. 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 |
|---|---|---|---|
| 551 | PAVED AREA | 1,800 SF | ✗ |
| 1ST | 1st Floor | 1,776 SF | ✓ |
| 095 | HVAC RESIDENTIAL | 1,440 SF | ✗ |
| 2ND | 2nd Floor | 720 SF | ✓ |
| 011C | PORCH OPEN 1ST COMM | 102 SF | ✗ |
| 251 | BATHROOM | 6 SF | ✓ |
| 581C | STORAGE ATT COMM | 6 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% | $8,544.41 | $8,544.41 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $4,839.40 | $4,839.40 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,471.00 | $3,471.00 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,089.97 | $1,089.97 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $954.92 | $954.92 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $18,899.70 | $18,899.70 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $923,520 | $923,520 | +0.0% |
| Assessed Value | $923,520 | $923,520 | +0.0% |
| Land Value | $720,000 | $720,000 | +0.0% |
| Improvement Value | $203,520 | $203,520 | +0.0% |
| Taxable Value | $923,520 | $923,520 | +0.0% |
| Total Tax 2026 = estimate |
~$18,900
Estimated
|
~$18,900
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $923,520 | $923,520 | +0 (+0.0%) |
| Taxable Value | $923,520 | $923,520 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $923,520 | $720,000 | $203,520 | — | $923,520 | $923,520 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $923,520 | $720,000 | $203,520 | — | $923,520 | $923,520 | ~$18,900 | Partial |
| 2024 | $766,419 | — | — | −$46,419 | $720,000 | $— | $16,818 | Verified |
| 2023 | $648,960 | — | — | — | $720,000 ! | $— | $13,866 | Verified |
| 2022 | $648,960 | — | — | −$108,960 | $540,000 | $— | $12,816 | Verified |
| 2021 | $624,000 | — | — | −$84,000 | $540,000 | $— | $14,126 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2025 | +8.8% | +8.8% | ~100% | Not available | Partial |
| 2024 | +10.7% | +10.7% | ~100% | 1.9800% | Verified |
| 2023 | +18.1% | +18.1% | ~100% | 1.8100% | Verified |
| 2022 | +0.0% | +0.0% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.2600% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +42.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +8.5% | +10.3% | +20.5% | 2025 | +0.0% | 2023 |
| Assessment Ratio | 100.0% | 95.8% | — | 110.9% | 2023 | 83.2% | 2022 |
| 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 |
$18,900 | $15,305 | ~$24,097 | $18,900 | 2025 | $12,816 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,018,619 | ~$1,015,872 | ~2.0139% | ~$20,459 | +10.3% |
| 2027 | ~$1,123,511 | ~$1,117,459 | ~1.9814% | ~$22,141 | +21.7% |
| 2028 | ~$1,239,203 | ~$1,229,205 | ~1.9488% | ~$23,955 | +34.2% |
| 2029 | ~$1,366,810 | ~$1,352,126 | ~1.9163% | ~$25,911 | +48.0% |
| 2030 | ~$1,507,556 | ~$1,487,338 | ~1.8837% | ~$28,018 | +63.2% |
| 2026 | ~$1,000,149 | ~$1,000,149 | ~2.0465% | ~$20,468 | +8.3% |
| 2027 | ~$1,083,135 | ~$1,083,135 | ~2.0465% | ~$22,166 | +17.3% |
| 2028 | ~$1,173,008 | ~$1,173,008 | ~2.0465% | ~$24,005 | +27.0% |
| 2029 | ~$1,270,337 | ~$1,270,337 | ~2.0465% | ~$25,997 | +37.6% |
| 2030 | ~$1,375,743 | ~$1,375,743 | ~2.0465% | ~$28,154 | +49.0% |
| 2026 | ~$1,037,089 | ~$1,015,872 | ~1.9977% | ~$20,294 | +12.3% |
| 2027 | ~$1,164,625 | ~$1,117,459 | ~1.9488% | ~$21,777 | +26.1% |
| 2028 | ~$1,307,844 | ~$1,229,205 | ~1.9000% | ~$23,355 | +41.6% |
| 2029 | ~$1,468,675 | ~$1,352,126 | ~1.8512% | ~$25,030 | +59.0% |
| 2030 | ~$1,649,284 | ~$1,487,338 | ~1.8024% | ~$26,807 | +78.6% |
In 2025, this property's market value of $923,520 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — +78% 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 | $923,520 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $766,419 | $467,458 | $564,615 | $848,565 | ↑ Above median | -6.3% |
| 2023 | $648,960 | $503,905 | $617,035 | $919,932 | ↑ Above median | +0.9% |
| 2022 | $648,960 | $506,618 | $615,058 | $906,429 | ↑ Above median | +39.1% |
| 2021 | $624,000 | $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.