706 W 32 ST TX 78705
| Owner | APANTE INVESTMENTS LP |
|---|---|
| Parcel ID | 0218031511 |
| Short ID | 212678 |
| Type | Real |
| Use Code | 03 Triplex |
| Valuation | Income |
| Improvement SF | 3,246 SF |
| Land SF | 8,970 SF |
| Acres | 0.206 |
| Year Built | 1925 |
| Legal | W60FT OF LOT 1-2 BLK 2 OLT 75 DIV D SMYTH ADDN |
| Neighborhood | Z40005 |
| Land | $628,416 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $628,416 |
| Improvement | $421,513 |
|---|---|
| Total Improvement | $421,513 |
| Market | $1,049,929 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,049,929 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,049,929 |
| Taxable Value | $1,049,929 |
|---|
Appreciation: Market value has risen +80.3% from $582,482 (2021) to $1,049,929 (2025), a CAGR of 15.9% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2021→2022), 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 $21,487. 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 ($628,416 land vs $421,513 improvements), about $70/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $1,049,929, 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 +15.9% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,192,839 by 2030, with an estimated annual tax burden around $31,853. 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.
8 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 2,074 SF | ✓ |
| 2ND | 2nd Floor | 1,172 SF | ✓ |
| 612 | TERRACE UNCOVERD | 256 SF | ✗ |
| 031 | GARAGE DET 1ST F | 180 SF | ✓ |
| 011 | PORCH OPEN 1ST F | 78 SF | ✗ |
| 251 | BATHROOM | 4 SF | ✓ |
| 522 | FIREPLACE | 3 SF | ✓ |
| 413 | STAIRWAY EXT | 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% | $9,713.94 | $9,713.94 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $5,501.81 | $5,501.81 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,946.11 | $3,946.11 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,239.16 | $1,239.16 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,085.63 | $1,085.63 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $21,486.65 | $21,486.65 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,049,929 | $1,049,929 | +0.0% |
| Assessed Value | $1,049,929 | $1,049,929 | +0.0% |
| Land Value | $628,416 | $628,416 | +0.0% |
| Improvement Value | $421,513 | $421,513 | +0.0% |
| Taxable Value | $1,049,929 | $1,049,929 | +0.0% |
| Total Tax 2026 = estimate |
~$21,487
Estimated
|
~$21,487
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,182,991 | $1,049,929 | -133,062 (-11.2%) |
| Taxable Value | $1,182,991 | $1,049,929 | -133,062 (-11.2%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,049,929 | $628,416 | $421,513 | — | $1,049,929 | $1,049,929 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,049,929 | $628,416 | $421,513 | — | $1,049,929 | $1,049,929 | ~$21,487 | Partial |
| 2024 | $1,020,000 | — | — | −$360,000 | $660,000 | $— | $22,570 | Verified |
| 2023 | $1,145,000 | — | — | −$485,000 | $660,000 | $— | $18,508 | Verified |
| 2022 | $951,992 | — | — | −$291,992 | $660,000 | $— | $22,962 | Verified |
| 2021 | $582,482 | — | — | −$153,482 | $429,000 | $— | $20,722 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +12.7% | +12.7% | ~100% | Not available | Partial |
| 2025 | -7.8% | -7.8% | ~100% | Not available | Partial |
| 2024 | -5.2% | -5.2% | ~100% | 1.9800% | Verified |
| 2023 | -19.8% | -19.8% | ~100% | 1.5400% | Verified |
| 2022 | +57.5% | +57.5% | ~100% | 1.5300% | Verified |
| 2021 | base year | — | ~100% | 3.5600% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +10.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +15.1% | +15.9% | +63.4% | 2022 | -10.9% | 2024 |
| Assessment Ratio | 100.0% | 77.5% | — | 100.0% | 2025 | 57.6% | 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 |
$21,487 | $21,250 | ~$27,395 | $22,962 | 2022 | $18,508 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,216,548 | ~$1,154,922 | ~2.0139% | ~$23,259 | +15.9% |
| 2027 | ~$1,409,609 | ~$1,270,414 | ~1.9814% | ~$25,172 | +34.3% |
| 2028 | ~$1,633,308 | ~$1,397,455 | ~1.9488% | ~$27,234 | +55.6% |
| 2029 | ~$1,892,506 | ~$1,537,201 | ~1.9163% | ~$29,457 | +80.3% |
| 2030 | ~$2,192,839 | ~$1,690,921 | ~1.8837% | ~$31,853 | +108.9% |
| 2026 | ~$1,195,550 | ~$1,154,922 | ~2.0465% | ~$23,635 | +13.9% |
| 2027 | ~$1,361,367 | ~$1,270,414 | ~2.0465% | ~$25,999 | +29.7% |
| 2028 | ~$1,550,183 | ~$1,397,455 | ~2.0465% | ~$28,599 | +47.6% |
| 2029 | ~$1,765,186 | ~$1,537,201 | ~2.0465% | ~$31,459 | +68.1% |
| 2030 | ~$2,010,010 | ~$1,690,921 | ~2.0465% | ~$34,604 | +91.4% |
| 2026 | ~$1,237,547 | ~$1,154,922 | ~1.9977% | ~$23,071 | +17.9% |
| 2027 | ~$1,458,691 | ~$1,270,414 | ~1.9488% | ~$24,758 | +38.9% |
| 2028 | ~$1,719,352 | ~$1,397,455 | ~1.9000% | ~$26,552 | +63.8% |
| 2029 | ~$2,026,593 | ~$1,537,201 | ~1.8512% | ~$28,457 | +93.0% |
| 2030 | ~$2,388,736 | ~$1,690,921 | ~1.8024% | ~$30,477 | +127.5% |
In 2025, this property's market value of $1,049,929 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — +102% 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 | $1,049,929 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $1,020,000 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $1,145,000 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $951,992 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $582,482 | $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.