3305 TOM GREEN ST TX 78705
| Owner | STORVIK ALVIN C & ANN C |
|---|---|
| Parcel ID | 0217060603 |
| Short ID | 211559 |
| Type | Real |
| Use Code | 04 Fourplex |
| Valuation | Income |
| Improvement SF | 3,456 SF |
| Land SF | 8,015 SF |
| Acres | 0.184 |
| Year Built | 1967 |
| Legal | N 50FT LOT 1 & N50FT OF W62FT LOT 2 BLK 8 & 10'ADJ ALLEY DIV D GROOMS ADDN |
| Neighborhood | Z50005 |
| Land | $578,290 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $578,290 |
| Improvement | $389,050 |
|---|---|
| Total Improvement | $389,050 |
| Market | $967,340 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $967,340 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $967,340 |
| Taxable Value | $967,340 |
|---|
Appreciation: Market value has risen +30.4% from $741,600 (2021) to $967,340 (2025), a CAGR of 6.9% over 4 years. This represents moderate, steady growth. Most of this growth came in a single year (2022→2023), 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 $19,796. 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 60% of market value ($578,290 land vs $389,050 improvements), about $72/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $967,340, 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 +6.9% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,348,469 by 2030, with an estimated annual tax burden around $25,402. 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.
6 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 095 | HVAC RESIDENTIAL | 3,456 SF | ✗ |
| 1ST | 1st Floor | 1,728 SF | ✓ |
| 2ND | 2nd Floor | 1,728 SF | ✓ |
| 612 | TERRACE UNCOVERD | 468 SF | ✗ |
| 581 | STORAGE ATT | 90 SF | ✓ |
| 251 | BATHROOM | 4 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% | $8,949.83 | $8,949.83 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $5,069.03 | $5,069.03 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,635.70 | $3,635.70 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,141.68 | $1,141.68 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,000.23 | $1,000.23 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $19,796.47 | $19,796.47 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $941,242 | $967,340 | -2.7% |
| Assessed Value | $941,242 | $967,340 | -2.7% |
| Land Value | $578,290 | $578,290 | +0.0% |
| Improvement Value | $362,952 | $389,050 | -6.7% |
| Taxable Value | $941,242 | $967,340 | -2.7% |
| Total Tax 2026 = estimate |
~$19,262
Estimated
|
~$19,796
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,160,849 | $941,242 | -219,607 (-18.9%) |
| Taxable Value | $1,160,808 | $941,242 | -219,566 (-18.9%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $941,242 | $578,290 | $362,952 | — | $941,242 | $941,242 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $967,340 | $578,290 | $389,050 | — | $967,340 | $967,340 | ~$19,796 | Partial |
| 2024 | $913,608 | — | — | −$253,608 | $660,000 | $— | $21,296 | Verified |
| 2023 | $1,033,466 | — | — | −$565,966 | $467,500 | $— | $16,529 | Verified |
| 2022 | $811,639 | — | — | −$344,139 | $467,500 | $— | $20,410 | Verified |
| 2021 | $741,600 | — | — | −$274,100 | $467,500 | $— | $17,667 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +20.0% | +20.0% | ~100% | Not available | Partial |
| 2025 | -10.0% | -10.0% | ~100% | Not available | Partial |
| 2024 | +17.6% | +17.6% | ~100% | 1.9800% | Verified |
| 2023 | -11.6% | -11.6% | ~100% | 1.8100% | Verified |
| 2022 | +27.3% | +27.3% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.3800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +19.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -2.7% | +5.7% | +7.5% | +27.3% | 2023 | -11.6% | 2024 |
| Assessment Ratio | 100.0% | 73.0% | — | 100.0% | 2025 | 45.2% | 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 |
$19,796 | $19,140 | ~$23,060 | $21,296 | 2024 | $16,529 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,033,788 | ~$1,033,788 | ~2.0139% | ~$20,820 | +6.9% |
| 2027 | ~$1,104,800 | ~$1,104,800 | ~1.9814% | ~$21,890 | +14.2% |
| 2028 | ~$1,180,691 | ~$1,180,691 | ~1.9488% | ~$23,010 | +22.1% |
| 2029 | ~$1,261,794 | ~$1,261,794 | ~1.9163% | ~$24,180 | +30.4% |
| 2030 | ~$1,348,469 | ~$1,348,469 | ~1.8837% | ~$25,402 | +39.4% |
| 2026 | ~$1,014,441 | ~$1,014,441 | ~2.0465% | ~$20,760 | +4.9% |
| 2027 | ~$1,063,836 | ~$1,063,836 | ~2.0465% | ~$21,771 | +10.0% |
| 2028 | ~$1,115,636 | ~$1,115,636 | ~2.0465% | ~$22,831 | +15.3% |
| 2029 | ~$1,169,958 | ~$1,169,958 | ~2.0465% | ~$23,943 | +20.9% |
| 2030 | ~$1,226,925 | ~$1,226,925 | ~2.0465% | ~$25,109 | +26.8% |
| 2026 | ~$1,053,135 | ~$1,053,135 | ~1.9977% | ~$21,038 | +8.9% |
| 2027 | ~$1,146,539 | ~$1,146,539 | ~1.9488% | ~$22,344 | +18.5% |
| 2028 | ~$1,248,227 | ~$1,248,227 | ~1.9000% | ~$23,717 | +29.0% |
| 2029 | ~$1,358,934 | ~$1,358,934 | ~1.8512% | ~$25,157 | +40.5% |
| 2030 | ~$1,479,460 | ~$1,479,460 | ~1.8024% | ~$26,665 | +52.9% |
In 2025, this property's market value of $967,340 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — +86% 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 | $967,340 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $913,608 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $1,033,466 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $811,639 | $506,618 | $615,058 | $906,429 | ↑ Above median | +39.1% |
| 2021 | $741,600 | $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.