8302 GARCREEK CIR TX 78724
| Owner | ENZO PROPERTY MANAGEMENT LLC |
|---|---|
| Parcel ID | 0217380332 |
| Short ID | 499815 |
| Type | Real |
| Use Code | 04 Fourplex |
| Valuation | Income |
| Improvement SF | 3,294 SF |
| Land SF | 9,718 SF |
| Acres | 0.223 |
| Year Built | 1985 |
| Legal | LOT 32 BLK A COLONY MEADOWS SEC 2 |
| Neighborhood | C0605 |
| Land | $78,288 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $78,288 |
| Improvement | $550,401 |
|---|---|
| Total Improvement | $550,401 |
| Market | $628,689 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $628,689 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $628,689 |
| Taxable Value | $628,689 |
|---|
Appreciation: Market value has risen +100.4% from $313,769 (2021) to $628,689 (2025), a CAGR of 19.0% 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 $12,866. 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 12% of market value ($78,288 land vs $550,401 improvements), about $8/SF of land. Most value sits in the improvements, so building condition, age (~41 yrs), and rent roll drive the underwriting.
Submarket Position: At $628,689, this parcel sits in the upper-middle (50th–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 +19.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,498,712 by 2030, with an estimated annual tax burden around $19,073. 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 |
|---|---|---|---|
| 095 | HVAC RESIDENTIAL | 3,294 SF | ✗ |
| 2ND | 2nd Floor | 1,656 SF | ✓ |
| 1ST | 1st Floor | 1,638 SF | ✓ |
| 011 | PORCH OPEN 1ST F | 360 SF | ✗ |
| 512 | DECK UNCOVRED | 168 SF | ✗ |
| 012 | PORCH OPEN 2ND F | 150 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% | $5,816.63 | $5,816.63 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $3,294.44 | $3,294.44 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,362.90 | $2,362.90 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $742.00 | $742.00 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $650.06 | $650.06 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $12,866.03 | $12,866.03 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $420,000 | $628,689 | -33.2% |
| Assessed Value | $420,000 | $628,689 | -33.2% |
| Land Value | $78,288 | $78,288 | +0.0% |
| Improvement Value | $341,712 | $550,401 | -37.9% |
| Taxable Value | $420,000 | $628,689 | -33.2% |
| Total Tax 2026 = estimate |
~$8,595
Estimated
|
~$12,866
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $420,000 | $420,000 | +0 (+0.0%) |
| Taxable Value | $420,000 | $420,000 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $420,000 | $78,288 | $341,712 | — | $420,000 | $420,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $628,689 | $78,288 | $550,401 | — | $628,689 | $628,689 | ~$12,866 | Partial |
| 2024 | $631,123 | — | — | −$556,123 | $75,000 | $— | $10,571 | Verified |
| 2023 | $481,765 | — | — | −$406,765 | $75,000 | $— | $11,419 | Verified |
| 2022 | $472,000 | — | — | −$397,000 | $75,000 | $— | $9,514 | Verified |
| 2021 | $313,769 | — | — | −$288,769 | $25,000 | $— | $10,274 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -33.2% | -33.2% | ~100% | Not available | Partial |
| 2025 | +17.9% | +17.9% | ~100% | Not available | Partial |
| 2024 | -15.5% | -15.5% | ~100% | 1.9800% | Verified |
| 2023 | +31.0% | +31.0% | ~100% | 1.8100% | Verified |
| 2022 | +2.1% | +2.1% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 3.2700% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +33.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -33.2% | +10.0% | +30.8% | +50.4% | 2022 | -33.2% | 2026 |
| Assessment Ratio | 100.0% | 41.9% | — | 100.0% | 2025 | 8.0% | 2021 |
| 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 |
$12,866 | $10,929 | ~$16,404 | $12,866 | 2025 | $9,514 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$747,984 | ~$691,558 | ~2.0139% | ~$13,928 | +19.0% |
| 2027 | ~$889,916 | ~$760,714 | ~1.9814% | ~$15,073 | +41.6% |
| 2028 | ~$1,058,779 | ~$836,785 | ~1.9488% | ~$16,308 | +68.4% |
| 2029 | ~$1,259,684 | ~$920,464 | ~1.9163% | ~$17,639 | +100.4% |
| 2030 | ~$1,498,712 | ~$1,012,510 | ~1.8837% | ~$19,073 | +138.4% |
| 2026 | ~$735,410 | ~$691,558 | ~2.0465% | ~$14,153 | +17.0% |
| 2027 | ~$860,248 | ~$760,714 | ~2.0465% | ~$15,568 | +36.8% |
| 2028 | ~$1,006,276 | ~$836,785 | ~2.0465% | ~$17,125 | +60.1% |
| 2029 | ~$1,177,094 | ~$920,464 | ~2.0465% | ~$18,837 | +87.2% |
| 2030 | ~$1,376,908 | ~$1,012,510 | ~2.0465% | ~$20,721 | +119.0% |
| 2026 | ~$760,558 | ~$691,558 | ~1.9977% | ~$13,815 | +21.0% |
| 2027 | ~$920,086 | ~$760,714 | ~1.9488% | ~$14,825 | +46.3% |
| 2028 | ~$1,113,076 | ~$836,785 | ~1.9000% | ~$15,899 | +77.0% |
| 2029 | ~$1,346,546 | ~$920,464 | ~1.8512% | ~$17,040 | +114.2% |
| 2030 | ~$1,628,987 | ~$1,012,510 | ~1.8024% | ~$18,249 | +159.1% |
In 2025, this property's market value of $628,689 places it in the 50th–75th percentile for Multi-Family properties in Travis County (12584 comparable) — +21% 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 | $628,689 | $438,669 | $519,778 | $749,859 | ↑ Above median | -7.5% |
| 2024 | $631,123 | $467,458 | $564,615 | $848,565 | ↑ Above median | -6.3% |
| 2023 | $481,765 | $503,905 | $617,035 | $919,932 | ↓ Bottom 25% | +0.9% |
| 2022 | $472,000 | $506,618 | $615,058 | $906,429 | ↓ Bottom 25% | +39.1% |
| 2021 | $313,769 | $300,453 | $376,850 | $539,896 | ↓ Below median | 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.