614 W 32 ST TX 78705
| Owner | BOYER ROBERT S & ANNE OLIVIA |
|---|---|
| Parcel ID | 0218031817 |
| Short ID | 212754 |
| Type | Real |
| Use Code | 03 Triplex |
| Valuation | Income |
| Improvement SF | 4,274 SF |
| Land SF | 14,500 SF |
| Acres | 0.333 |
| Year Built | 1901 |
| Legal | LOT 2 BLK 10 OLT 75-76 DIV D GYPSY GROVE SEC B |
| Neighborhood | Z40005 |
| Land | $918,750 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $918,750 |
| Improvement | $996,350 |
|---|---|
| Total Improvement | $996,350 |
| Market | $1,915,100 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,915,100 |
| Value Limitation Adjustment (−) (homestead cap) | −$302,879 |
| Net Appraised (assessed) | $1,612,221 |
| Exemptions (−) (HS,OV65) | −$385,230 |
|---|---|
| Taxable Value | $1,226,991 |
Appreciation: Market value has risen +101.4% from $951,069 (2021) to $1,915,100 (2025), a CAGR of 19.1% over 4 years. This is strong appreciation — well above typical inflation. 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 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 $25,110. City of Austin is the largest single contributor, at 36.3% of the total 2025 levy.
Assessment Gap: Assessed value ($1,612,221) is $302,879 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 48% of market value ($918,750 land vs $996,350 improvements), about $63/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $1,915,100, 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 +19.1% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $4,593,733 by 2030, with an estimated annual tax burden around $48,911. 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 |
|---|---|---|---|
| 095 | HVAC RESIDENTIAL | 4,274 SF | ✗ |
| 1ST | 1st Floor | 2,523 SF | ✓ |
| 2ND | 2nd Floor | 1,751 SF | ✓ |
| 011 | PORCH OPEN 1ST F | 824 SF | ✗ |
| 012 | PORCH OPEN 2ND F | 504 SF | ✗ |
| 512 | DECK UNCOVRED | 360 SF | ✗ |
| 251 | BATHROOM | 3 SF | ✓ |
| 522 | FIREPLACE | 3 SF | ✓ |
| 413 | STAIRWAY EXT | 1 SF | ✓ |
| 604 | POOL RES CONC | 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 |
|---|---|---|---|---|---|---|---|---|---|
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $6,174.03 | $6,174.03 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $4,611.58 | $4,611.58 | Paid |
| IAU Austin ISD | 1.0617% | 0.9966% | 0.8595% | 0.9505% | 0.9252% | -0.0253% | $3,720.90 | $3,720.90 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,398.59 | $1,398.59 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,084.70 | $1,084.70 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $16,989.80 | $16,989.80 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,917,782 | $1,915,100 | +0.1% |
| Assessed Value | $1,733,789 | $1,612,221 | +7.5% |
| Land Value | $918,750 | $918,750 | +0.0% |
| Improvement Value | $999,032 | $996,350 | +0.3% |
| Taxable Value | $1,322,309 | $1,226,991 | +7.8% |
| Exemptions | HS,OV65 | HS,OV65 | |
| HS Cap Loss | -$183,993 | — | |
| Total Tax 2026 = estimate |
~$27,061
Estimated
|
~$16,990
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,917,782 | $1,917,782 | +0 (+0.0%) |
| Taxable Value | $1,324,358 | $1,322,309 | -2,049 (-0.2%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,917,782 | $918,750 | $999,032 | −$183,993 | $1,733,789 | $1,322,309 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,915,100 | $918,750 | $996,350 | −$302,879 | $1,612,221 | $1,226,991 | ~$16,990 | Partial |
| 2024 | $2,212,644 | — | — | −$1,192,644 | $1,020,000 | $— | $16,693 | Verified |
| 2023 | $2,127,270 | — | — | −$1,107,270 | $1,020,000 | $— | $14,830 | Verified |
| 2022 | $1,335,293 | — | — | −$315,293 | $1,020,000 | $— | $19,300 | Verified |
| 2021 | $951,069 | — | — | −$288,069 | $663,000 | $— | $16,764 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.1% | +7.5% | 90.4% | Not available | Partial |
| 2025 | -13.5% | +3.0% | 84.2% | Not available | Partial |
| 2024 | +0.0% | +6.8% | 70.7% | 0.7500% | Verified |
| 2023 | +4.0% | +8.0% | 66.2% | 0.6700% | Verified |
| 2022 | +59.3% | +22.5% | 63.7% | 0.9100% | Verified |
| 2021 | base year | — | 82.9% | 1.7600% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +43.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.1% | +18.1% | +19.1% | +59.3% | 2023 | -13.4% | 2025 |
| Assessment Ratio | 90.4% | 69.1% | — | 90.4% | 2026 | 46.1% | 2024 |
| Effective Tax Rate (2025) | 0.8900% | 0.8900% | — | 0.8900% | 2025 | 0.8900% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$16,990 | $16,915 | ~$42,066 | $19,300 | 2022 | $14,830 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,281,321 | ~$1,773,443 | ~2.0139% | ~$35,716 | +19.1% |
| 2027 | ~$2,717,573 | ~$1,950,787 | ~1.9814% | ~$38,653 | +41.9% |
| 2028 | ~$3,237,248 | ~$2,145,866 | ~1.9488% | ~$41,819 | +69.0% |
| 2029 | ~$3,856,301 | ~$2,360,453 | ~1.9163% | ~$45,233 | +101.4% |
| 2030 | ~$4,593,733 | ~$2,596,498 | ~1.8837% | ~$48,911 | +139.9% |
| 2026 | ~$2,243,019 | ~$1,773,443 | ~2.0465% | ~$36,293 | +17.1% |
| 2027 | ~$2,627,086 | ~$1,950,787 | ~2.0465% | ~$39,923 | +37.2% |
| 2028 | ~$3,076,916 | ~$2,145,866 | ~2.0465% | ~$43,915 | +60.7% |
| 2029 | ~$3,603,770 | ~$2,360,453 | ~2.0465% | ~$48,306 | +88.2% |
| 2030 | ~$4,220,836 | ~$2,596,498 | ~2.0465% | ~$53,137 | +120.4% |
| 2026 | ~$2,319,623 | ~$1,773,443 | ~1.9977% | ~$35,427 | +21.1% |
| 2027 | ~$2,809,592 | ~$1,950,787 | ~1.9488% | ~$38,018 | +46.7% |
| 2028 | ~$3,403,056 | ~$2,145,866 | ~1.9000% | ~$40,772 | +77.7% |
| 2029 | ~$4,121,876 | ~$2,360,453 | ~1.8512% | ~$43,697 | +115.2% |
| 2030 | ~$4,992,531 | ~$2,596,498 | ~1.8024% | ~$46,799 | +160.7% |
In 2025, this property's market value of $1,915,100 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 4× 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 | $1,915,100 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $2,212,644 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $2,127,270 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $1,335,293 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $951,069 | $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.