307 E 33 ST TX 78705
| Owner | 307 EAST 33RD LLC |
|---|---|
| Parcel ID | 0217060116 |
| Short ID | 211470 |
| Type | Real |
| Use Code | 05 Apartment 5–25 Units |
| Valuation | Income |
| Improvement SF | 14,268 SF |
| Land SF | 43,200 SF |
| Acres | 0.992 |
| Year Built | 1949 |
| Legal | LOT 9-13 BLK 17 DIV D STECK E L |
| Neighborhood | 05WC2 |
| Land | $4,104,000 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $4,104,000 |
| Improvement | $158,211 |
|---|---|
| Total Improvement | $158,211 |
| Market | $4,262,211 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $4,262,211 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $4,262,211 |
| Taxable Value | $4,262,211 |
|---|
Appreciation: Market value has risen +34.9% from $3,158,438 (2021) to $4,262,211 (2025), a CAGR of 7.8% over 4 years. This represents moderate, steady growth. 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 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 $87,226. 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 96% of market value ($4,104,000 land vs $158,211 improvements), about $95/SF of land. With value concentrated in the land under a ~77-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 $4,262,211, 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 +7.8% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $6,199,236 by 2030, with an estimated annual tax burden around $116,778. 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 |
|---|---|---|---|
| 1ST | 1st Floor | 7,134 SF | ✓ |
| 2ND | 2nd Floor | 7,134 SF | ✓ |
| 581C | STORAGE ATT COMM | 1,088 SF | ✓ |
| 041C | GARAGE ATT 1ST COMM | 568 SF | ✓ |
| 051C | CARPORT DET 1ST COMM | 256 SF | ✗ |
| 011C | PORCH OPEN 1ST COMM | 180 SF | ✗ |
| SO | Sketch Only | 180 SF | ✗ |
| 071 | OBS HEAT WALL | 70 SF | ✓ |
| 132 | PLBG 5-FIXT AVG | 2 SF | ✓ |
| 192 | WATER HTR AVG | 1 SF | ✓ |
| 559 | PAVED AREA FV | 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% | $39,433.98 | $39,433.98 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $22,334.71 | $22,334.71 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $16,019.31 | $16,019.31 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $5,030.39 | $5,030.39 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $4,407.13 | $4,407.13 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $87,225.52 | $87,225.52 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $4,268,215 | $4,262,211 | +0.1% |
| Assessed Value | $4,268,215 | $4,262,211 | +0.1% |
| Land Value | $4,320,000 | $4,104,000 | +5.3% |
| Improvement Value | — | $158,211 | — |
| Taxable Value | $4,268,215 | $4,262,211 | +0.1% |
| Total Tax 2026 = estimate |
~$87,348
Estimated
|
~$87,226
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $4,484,215 | $4,268,215 | -216,000 (-4.8%) |
| Taxable Value | $4,484,215 | $4,268,215 | -216,000 (-4.8%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $4,268,215 | $4,320,000 | — | — | $4,268,215 | $4,268,215 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $4,262,211 | $4,104,000 | $158,211 | — | $4,262,211 | $4,262,211 | ~$87,226 | Partial |
| 2024 | $3,800,000 | — | — | — | $4,104,000 ! | $— | $84,407 | Verified |
| 2023 | $3,139,836 | — | — | — | $3,800,000 ! | $— | $68,751 | Verified |
| 2022 | $3,166,878 | — | — | −$88,878 | $3,078,000 | $— | $62,009 | Verified |
| 2021 | $3,158,438 | — | — | −$80,438 | $3,078,000 | $— | $68,933 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +5.2% | +5.2% | ~100% | Not available | Partial |
| 2025 | +0.1% | +0.1% | ~100% | Not available | Partial |
| 2024 | +12.1% | +12.1% | ~100% | 1.9800% | Verified |
| 2023 | +21.0% | +21.0% | ~100% | 1.8100% | Verified |
| 2022 | -0.9% | -0.9% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +34.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.1% | +6.5% | +7.8% | +21.0% | 2024 | -0.9% | 2023 |
| Assessment Ratio | 100.0% | 104.0% | — | 121.0% | 2023 | 97.2% | 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 |
$87,226 | $74,265 | ~$104,324 | $87,226 | 2025 | $62,009 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$4,593,837 | ~$4,593,837 | ~2.0139% | ~$92,517 | +7.8% |
| 2027 | ~$4,951,266 | ~$4,951,266 | ~1.9814% | ~$98,104 | +16.2% |
| 2028 | ~$5,336,505 | ~$5,336,505 | ~1.9488% | ~$104,000 | +25.2% |
| 2029 | ~$5,751,717 | ~$5,751,717 | ~1.9163% | ~$110,220 | +34.9% |
| 2030 | ~$6,199,236 | ~$6,199,236 | ~1.8837% | ~$116,778 | +45.4% |
| 2026 | ~$4,508,593 | ~$4,508,593 | ~2.0465% | ~$92,268 | +5.8% |
| 2027 | ~$4,769,217 | ~$4,769,217 | ~2.0465% | ~$97,601 | +11.9% |
| 2028 | ~$5,044,907 | ~$5,044,907 | ~2.0465% | ~$103,243 | +18.4% |
| 2029 | ~$5,336,534 | ~$5,336,534 | ~2.0465% | ~$109,211 | +25.2% |
| 2030 | ~$5,645,018 | ~$5,645,018 | ~2.0465% | ~$115,524 | +32.4% |
| 2026 | ~$4,679,081 | ~$4,679,081 | ~1.9977% | ~$93,472 | +9.8% |
| 2027 | ~$5,136,724 | ~$5,136,724 | ~1.9488% | ~$100,107 | +20.5% |
| 2028 | ~$5,639,127 | ~$5,639,127 | ~1.9000% | ~$107,144 | +32.3% |
| 2029 | ~$6,190,668 | ~$6,190,668 | ~1.8512% | ~$114,601 | +45.2% |
| 2030 | ~$6,796,154 | ~$6,796,154 | ~1.8024% | ~$122,492 | +59.5% |
In 2025, this property's market value of $4,262,211 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 8× 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 | $4,262,211 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $3,800,000 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $3,139,836 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $3,166,878 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $3,158,438 | $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.