3707 CEDAR ST TX 78705
| Owner | STEHR CORY |
|---|---|
| Parcel ID | 0218040315 |
| Short ID | 212837 |
| Type | Real |
| Use Code | 05 Apartment 5–25 Units |
| Valuation | Income |
| Improvement SF | 7,200 SF |
| Land SF | 13,068 SF |
| Acres | 0.300 |
| Year Built | 1967 |
| Legal | 0.30 AC OF LOT 8 &10 BLK 2 OLT 77 DIV D BUDDINGTON SUBD |
| Neighborhood | 05WC2 |
| Land | $1,306,800 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,306,800 |
| Improvement | $916,653 |
|---|---|
| Total Improvement | $916,653 |
| Market | $2,223,453 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,223,453 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $2,223,453 |
| Taxable Value | $2,223,453 |
|---|
Appreciation: Market value has risen +27.1% from $1,750,000 (2021) to $2,223,453 (2025), a CAGR of 6.2% over 4 years. This represents moderate, steady growth. 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 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 $45,503. 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 59% of market value ($1,306,800 land vs $916,653 improvements), about $100/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $2,223,453, 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 +6.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,999,268 by 2030, with an estimated annual tax burden around $56,498. 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.
11 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 11,760 SF | ✗ |
| 1ST | 1st Floor | 3,600 SF | ✓ |
| 2ND | 2nd Floor | 3,600 SF | ✓ |
| 011C | PORCH OPEN 1ST COMM | 660 SF | ✗ |
| 012C | PORCH OPEN 2 COMM | 596 SF | ✗ |
| 541 | FENCE COMM LF | 400 SF | ✗ |
| 581C | STORAGE ATT COMM | 63 SF | ✓ |
| 071 | OBS HEAT WALL | 35 SF | ✓ |
| 132 | PLBG 5-FIXT AVG | 1 SF | ✓ |
| 269 | OBS RANGE DRP-IN | 1 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% | $20,571.39 | $20,571.39 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $11,651.27 | $11,651.27 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $8,356.74 | $8,356.74 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,624.19 | $2,624.19 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,299.05 | $2,299.05 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $45,502.64 | $45,502.64 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,358,000 | $2,223,453 | +6.1% |
| Assessed Value | $2,358,000 | $2,223,453 | +6.1% |
| Land Value | $1,306,800 | $1,306,800 | +0.0% |
| Improvement Value | $1,051,200 | $916,653 | +14.7% |
| Taxable Value | $2,358,000 | $2,223,453 | +6.1% |
| Total Tax 2026 = estimate |
~$48,256
Estimated
|
~$45,503
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $2,664,000 | $2,358,000 | -306,000 (-11.5%) |
| Taxable Value | $2,664,000 | $2,358,000 | -306,000 (-11.5%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,358,000 | $1,306,800 | $1,051,200 | — | $2,358,000 | $2,358,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $2,223,453 | $1,306,800 | $916,653 | — | $2,223,453 | $2,223,453 | ~$45,503 | Partial |
| 2024 | $1,950,000 | — | — | −$643,200 | $1,306,800 | $— | $46,374 | Verified |
| 2023 | $1,872,000 | — | — | −$565,200 | $1,306,800 | $— | $35,280 | Verified |
| 2022 | $1,765,817 | — | — | −$785,717 | $980,100 | $— | $36,971 | Verified |
| 2021 | $1,750,000 | — | — | −$769,900 | $980,100 | $— | $38,436 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +19.8% | +19.8% | ~100% | Not available | Partial |
| 2025 | -9.2% | -5.0% | ~100% | Not available | Partial |
| 2024 | +25.5% | +20.0% | 95.6% | 1.8900% | Verified |
| 2023 | +4.2% | +4.2% | ~100% | 1.8100% | Verified |
| 2022 | +6.0% | +6.0% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.2000% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +25.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +6.1% | +6.2% | +5.0% | +14.0% | 2025 | +0.9% | 2022 |
| Assessment Ratio | 100.0% | 74.7% | — | 100.0% | 2025 | 55.5% | 2022 |
| 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 |
$45,503 | $40,513 | ~$51,938 | $46,374 | 2024 | $35,280 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,360,616 | ~$2,360,616 | ~2.0139% | ~$47,541 | +6.2% |
| 2027 | ~$2,506,241 | ~$2,506,241 | ~1.9814% | ~$49,658 | +12.7% |
| 2028 | ~$2,660,850 | ~$2,660,850 | ~1.9488% | ~$51,856 | +19.7% |
| 2029 | ~$2,824,996 | ~$2,824,996 | ~1.9163% | ~$54,135 | +27.1% |
| 2030 | ~$2,999,268 | ~$2,999,268 | ~1.8837% | ~$56,498 | +34.9% |
| 2026 | ~$2,316,147 | ~$2,316,147 | ~2.0465% | ~$47,400 | +4.2% |
| 2027 | ~$2,412,706 | ~$2,412,706 | ~2.0465% | ~$49,376 | +8.5% |
| 2028 | ~$2,513,290 | ~$2,513,290 | ~2.0465% | ~$51,434 | +13.0% |
| 2029 | ~$2,618,068 | ~$2,618,068 | ~2.0465% | ~$53,578 | +17.7% |
| 2030 | ~$2,727,214 | ~$2,727,214 | ~2.0465% | ~$55,812 | +22.7% |
| 2026 | ~$2,405,086 | ~$2,405,086 | ~1.9977% | ~$48,045 | +8.2% |
| 2027 | ~$2,601,555 | ~$2,601,555 | ~1.9488% | ~$50,700 | +17.0% |
| 2028 | ~$2,814,075 | ~$2,814,075 | ~1.9000% | ~$53,468 | +26.6% |
| 2029 | ~$3,043,955 | ~$3,043,955 | ~1.8512% | ~$56,350 | +36.9% |
| 2030 | ~$3,292,614 | ~$3,292,614 | ~1.8024% | ~$59,345 | +48.1% |
In 2025, this property's market value of $2,223,453 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 | $2,223,453 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $1,950,000 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $1,872,000 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $1,765,817 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $1,750,000 | $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.