927 E 41 ST TX 78751
| Owner | OASIS RAILYARD LLC |
|---|---|
| Parcel ID | 0217090414 |
| Short ID | 211813 |
| Type | Real |
| Use Code | 05 Apartment 5–25 Units |
| Valuation | Income |
| Improvement SF | 3,896 SF |
| Land SF | 8,451 SF |
| Acres | 0.194 |
| Year Built | 1980 |
| Legal | E CEN 51FT OF N 163FT BLK 11 OLT 20-21 DIV C PLAINVIEW HEIGHTS |
| Neighborhood | 05WC2 |
| Land | $422,532 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $422,532 |
| Improvement | $1,057,948 |
|---|---|
| Total Improvement | $1,057,948 |
| Market | $1,480,480 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,480,480 |
| Value Limitation Adjustment (−) (homestead cap) | −$49,869 |
| Net Appraised (assessed) | $1,430,611 |
| Taxable Value | $1,430,611 |
|---|
Appreciation: Market value has risen +68.9% from $876,600 (2021) to $1,480,480 (2025), a CAGR of 14.0% 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 $29,277. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Assessment Gap: Assessed value ($1,430,611) is $49,869 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 29% of market value ($422,532 land vs $1,057,948 improvements), about $50/SF of land. Most value sits in the improvements, so building condition, age (~46 yrs), and rent roll drive the underwriting.
Submarket Position: At $1,480,480, 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 +14.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,850,387 by 2030, with an estimated annual tax burden around $43,402. 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.
10 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 3,600 SF | ✗ |
| 1ST | 1st Floor | 1,948 SF | ✓ |
| 2ND | 2nd Floor | 1,948 SF | ✓ |
| 011C | PORCH OPEN 1ST COMM | 210 SF | ✗ |
| 012C | PORCH OPEN 2 COMM | 210 SF | ✗ |
| 591 | MASONRY TRIM SF | 210 SF | ✗ |
| 132 | PLBG 5-FIXT AVG | 1 SF | ✓ |
| 242 | OBS OVEN/BURN | 1 SF | ✓ |
| 413 | STAIRWAY EXT | 1 SF | ✓ |
| 531 | OBS FENCE | 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% | $13,236.01 | $13,236.01 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $7,496.64 | $7,496.64 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $5,376.88 | $5,376.88 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,688.45 | $1,688.45 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,479.25 | $1,479.25 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $29,277.23 | $29,277.23 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,480,480 | $1,480,480 | +0.0% |
| Assessed Value | $1,480,480 | $1,430,611 | +3.5% |
| Land Value | $422,532 | $422,532 | +0.0% |
| Improvement Value | $1,057,948 | $1,057,948 | +0.0% |
| Taxable Value | $1,480,480 | $1,430,611 | +3.5% |
| Total Tax 2026 = estimate |
~$30,298
Estimated
|
~$29,277
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,480,480 | $1,480,480 | +0 (+0.0%) |
| Taxable Value | $1,480,480 | $1,480,480 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,480,480 | $422,532 | $1,057,948 | — | $1,480,480 | $1,480,480 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,480,480 | $422,532 | $1,057,948 | −$49,869 | $1,430,611 | $1,430,611 | ~$29,277 | Partial |
| 2024 | $993,480 | — | — | −$570,948 | $422,532 | $— | $23,627 | Verified |
| 2023 | $900,946 | — | — | −$478,414 | $422,532 | $— | $17,974 | Verified |
| 2022 | $853,922 | — | — | −$431,390 | $422,532 | $— | $17,793 | Verified |
| 2021 | $876,600 | — | — | −$454,068 | $422,532 | $— | $18,587 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.0% | +3.5% | ~100% | Not available | Partial |
| 2025 | +8.6% | +20.0% | 96.6% | Not available | Partial |
| 2024 | +37.3% | +20.0% | 87.4% | 1.7300% | Verified |
| 2023 | +8.5% | +8.5% | ~100% | 1.8100% | Verified |
| 2022 | +7.2% | +7.2% | ~100% | 1.9400% | Verified |
| 2021 | base year | — | ~100% | 2.1200% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +73.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +12.4% | +14.0% | +49.0% | 2025 | -2.6% | 2022 |
| Assessment Ratio | 100.0% | 63.9% | — | 100.0% | 2026 | 42.5% | 2024 |
| Effective Tax Rate (2025) | 1.9800% | 1.9800% | — | 1.9800% | 2025 | 1.9800% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$29,277 | $21,452 | ~$37,328 | $29,277 | 2025 | $17,793 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,687,729 | ~$1,573,672 | ~2.0139% | ~$31,693 | +14.0% |
| 2027 | ~$1,923,991 | ~$1,731,039 | ~1.9814% | ~$34,299 | +30.0% |
| 2028 | ~$2,193,327 | ~$1,904,143 | ~1.9488% | ~$37,109 | +48.1% |
| 2029 | ~$2,500,366 | ~$2,094,558 | ~1.9163% | ~$40,138 | +68.9% |
| 2030 | ~$2,850,387 | ~$2,304,013 | ~1.8837% | ~$43,402 | +92.5% |
| 2026 | ~$1,658,120 | ~$1,573,672 | ~2.0465% | ~$32,205 | +12.0% |
| 2027 | ~$1,857,074 | ~$1,731,039 | ~2.0465% | ~$35,425 | +25.4% |
| 2028 | ~$2,079,901 | ~$1,904,143 | ~2.0465% | ~$38,968 | +40.5% |
| 2029 | ~$2,329,464 | ~$2,094,558 | ~2.0465% | ~$42,865 | +57.3% |
| 2030 | ~$2,608,972 | ~$2,304,013 | ~2.0465% | ~$47,151 | +76.2% |
| 2026 | ~$1,717,339 | ~$1,573,672 | ~1.9977% | ~$31,437 | +16.0% |
| 2027 | ~$1,992,093 | ~$1,731,039 | ~1.9488% | ~$33,735 | +34.6% |
| 2028 | ~$2,310,803 | ~$1,904,143 | ~1.9000% | ~$36,179 | +56.1% |
| 2029 | ~$2,680,504 | ~$2,094,558 | ~1.8512% | ~$38,774 | +81.1% |
| 2030 | ~$3,109,353 | ~$2,304,013 | ~1.8024% | ~$41,527 | +110.0% |
In 2025, this property's market value of $1,480,480 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — +185% 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 | $1,480,480 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $993,480 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $900,946 | $503,905 | $617,035 | $919,932 | ↑ Above median | +0.9% |
| 2022 | $853,922 | $506,618 | $615,058 | $906,429 | ↑ Above median | +39.1% |
| 2021 | $876,600 | $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.