3306 TOM GREEN ST TX 78705
| Owner | RHODES ARTHUR E JR |
|---|---|
| Parcel ID | 0217060205 |
| Short ID | 211482 |
| Type | Real |
| Use Code | 05 Apartment 5–25 Units |
| Valuation | Income |
| Improvement SF | 4,700 SF |
| Land SF | 10,715 SF |
| Acres | 0.246 |
| Year Built | 1974 |
| Legal | LOT 1 BLK 18 DIV D STECK E L |
| Neighborhood | 05WC2 |
| Land | $1,071,500 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,071,500 |
| Improvement | $715,600 |
|---|---|
| Total Improvement | $715,600 |
| Market | $1,787,100 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,787,100 |
| Value Limitation Adjustment (−) (homestead cap) | −$139,500 |
| Net Appraised (assessed) | $1,647,600 |
| Taxable Value | $1,647,600 |
|---|
Appreciation: Market value has risen +64.3% from $1,087,800 (2021) to $1,787,100 (2025), a CAGR of 13.2% over 4 years. This is strong appreciation — well above typical inflation. 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 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 $33,718. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Assessment Gap: Assessed value ($1,647,600) is $139,500 below market value, suggesting potential for an upward assessment in future years.
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 60% of market value ($1,071,500 land vs $715,600 improvements), about $100/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $1,787,100, 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 +13.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $3,323,905 by 2030, with an estimated annual tax burden around $49,985. 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.
12 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 2ND | 2nd Floor | 2,397 SF | ✓ |
| 1ST | 1st Floor | 2,303 SF | ✓ |
| 551 | PAVED AREA | 1,800 SF | ✗ |
| 011C | PORCH OPEN 1ST COMM | 340 SF | ✗ |
| 012C | PORCH OPEN 2 COMM | 220 SF | ✗ |
| 612C | TERRACE UNCOVERD COMM | 140 SF | ✗ |
| SO | Sketch Only | 140 SF | ✗ |
| 571C | STORAGE DET COMM | 84 SF | ✓ |
| 581C | STORAGE ATT COMM | 36 SF | ✓ |
| 251 | BATHROOM | 10 SF | ✓ |
| 132 | PLBG 5-FIXT AVG | 2 SF | ✓ |
| 413 | STAIRWAY EXT | 2 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% | $12,703.00 | $12,703.00 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $7,194.75 | $7,194.75 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $5,160.35 | $5,160.35 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,620.46 | $1,620.46 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,419.68 | $1,419.68 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $28,098.24 | $28,098.24 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,373,000 | $1,787,100 | -23.2% |
| Assessed Value | $1,373,000 | $1,647,600 | -16.7% |
| Land Value | $1,071,500 | $1,071,500 | +0.0% |
| Improvement Value | $301,500 | $715,600 | -57.9% |
| Taxable Value | $1,373,000 | $1,647,600 | -16.7% |
| Total Tax 2026 = estimate |
~$28,098
Estimated
|
~$28,098
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,787,100 | $1,373,000 | -414,100 (-23.2%) |
| Taxable Value | $1,647,600 | $1,373,000 | -274,600 (-16.7%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,373,000 | $1,071,500 | $301,500 | — | $1,373,000 | $1,373,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,787,100 | $1,071,500 | $715,600 | −$139,500 | $1,647,600 | $1,647,600 | ~$28,098 | Partial |
| 2024 | $1,200,000 | — | — | −$128,500 | $1,071,500 | $— | $27,210 | Verified |
| 2023 | $1,165,050 | — | — | −$93,550 | $1,071,500 | $— | $21,753 | Verified |
| 2022 | $1,080,000 | — | — | −$276,375 | $803,625 | $— | $23,009 | Verified |
| 2021 | $1,087,800 | — | — | −$284,175 | $803,625 | $— | $23,508 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.0% | +0.0% | 92.2% | Not available | Partial |
| 2025 | +8.8% | +14.4% | 92.2% | Not available | Partial |
| 2024 | +28.3% | +12.5% | 87.7% | 1.6600% | Verified |
| 2023 | +9.9% | +9.9% | ~100% | 1.7000% | Verified |
| 2022 | +7.9% | +7.9% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1600% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +65.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -23.2% | +7.2% | +20.0% | +48.9% | 2025 | -23.2% | 2026 |
| Assessment Ratio | 100.0% | 87.0% | — | 100.0% | 2026 | 73.9% | 2021 |
| Effective Tax Rate (2025) | 1.5700% | 1.5700% | — | 1.5700% | 2025 | 1.5700% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$28,098 | $24,716 | ~$42,990 | $28,098 | 2025 | $21,753 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,023,247 | ~$1,812,360 | ~2.0139% | ~$36,500 | +13.2% |
| 2027 | ~$2,290,597 | ~$1,993,596 | ~1.9814% | ~$39,501 | +28.2% |
| 2028 | ~$2,593,276 | ~$2,192,956 | ~1.9488% | ~$42,737 | +45.1% |
| 2029 | ~$2,935,950 | ~$2,412,251 | ~1.9163% | ~$46,226 | +64.3% |
| 2030 | ~$3,323,905 | ~$2,653,476 | ~1.8837% | ~$49,985 | +86.0% |
| 2026 | ~$1,987,505 | ~$1,812,360 | ~2.0465% | ~$37,090 | +11.2% |
| 2027 | ~$2,210,382 | ~$1,993,596 | ~2.0465% | ~$40,799 | +23.7% |
| 2028 | ~$2,458,254 | ~$2,192,956 | ~2.0465% | ~$44,879 | +37.6% |
| 2029 | ~$2,733,921 | ~$2,412,251 | ~2.0465% | ~$49,366 | +53.0% |
| 2030 | ~$3,040,501 | ~$2,653,476 | ~2.0465% | ~$54,303 | +70.1% |
| 2026 | ~$2,058,989 | ~$1,812,360 | ~1.9977% | ~$36,205 | +15.2% |
| 2027 | ~$2,372,242 | ~$1,993,596 | ~1.9488% | ~$38,852 | +32.7% |
| 2028 | ~$2,733,154 | ~$2,192,956 | ~1.9000% | ~$41,667 | +52.9% |
| 2029 | ~$3,148,975 | ~$2,412,251 | ~1.8512% | ~$44,655 | +76.2% |
| 2030 | ~$3,628,058 | ~$2,653,476 | ~1.8024% | ~$47,825 | +103.0% |
In 2025, this property's market value of $1,787,100 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 3× 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 | $1,787,100 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $1,200,000 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $1,165,050 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $1,080,000 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $1,087,800 | $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.