3205 HELMS ST TX 78705
| Owner | NWI ENTERPRISES LLC |
|---|---|
| Parcel ID | 0218042107 |
| Short ID | 213088 |
| Type | Real |
| Use Code | 05 Apartment 5–25 Units |
| Valuation | Income |
| Improvement SF | 3,596 SF |
| Land SF | 6,500 SF |
| Acres | 0.149 |
| Year Built | 1938 |
| Legal | LOT 11 BLK 16 DIV D SPARKS & MOORE SUBD |
| Neighborhood | 05WC2 |
| Land | $812,500 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $812,500 |
| Improvement | $518,020 |
|---|---|
| Total Improvement | $518,020 |
| Market | $1,330,520 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,330,520 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,330,520 |
| Taxable Value | $1,330,520 |
|---|
Appreciation: Market value has risen +51.0% from $881,020 (2021) to $1,330,520 (2025), a CAGR of 10.9% 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 $27,229. 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 61% of market value ($812,500 land vs $518,020 improvements), about $125/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $1,330,520, 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 +10.9% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,227,491 by 2030, with an estimated annual tax burden around $40,365. 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 | 1,846 SF | ✓ |
| 2ND | 2nd Floor | 1,750 SF | ✓ |
| 551 | PAVED AREA | 1,400 SF | ✗ |
| 011C | PORCH OPEN 1ST COMM | 130 SF | ✗ |
| 012C | PORCH OPEN 2 COMM | 60 SF | ✗ |
| 581C | STORAGE ATT COMM | 35 SF | ✓ |
| 132 | PLBG 5-FIXT AVG | 1 SF | ✓ |
| 242 | OBS OVEN/BURN | 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% | $12,309.97 | $12,309.97 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $6,972.15 | $6,972.15 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $5,000.69 | $5,000.69 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,570.32 | $1,570.32 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,375.76 | $1,375.76 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $27,228.89 | $27,228.89 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,330,520 | $1,330,520 | +0.0% |
| Assessed Value | $1,330,520 | $1,330,520 | +0.0% |
| Land Value | $650,000 | $812,500 | -20.0% |
| Improvement Value | $680,520 | $518,020 | +31.4% |
| Taxable Value | $1,330,520 | $1,330,520 | +0.0% |
| Total Tax 2026 = estimate |
~$27,229
Estimated
|
~$27,229
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,330,520 | $1,330,520 | +0 (+0.0%) |
| Taxable Value | $1,330,520 | $1,330,520 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,330,520 | $650,000 | $680,520 | — | $1,330,520 | $1,330,520 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,330,520 | $812,500 | $518,020 | — | $1,330,520 | $1,330,520 | ~$27,229 | Partial |
| 2024 | $988,900 | — | — | −$176,400 | $812,500 | $— | $23,518 | Verified |
| 2023 | $910,772 | — | — | −$98,272 | $812,500 | $— | $17,892 | Verified |
| 2022 | $910,772 | — | — | −$301,397 | $609,375 | $— | $17,987 | Verified |
| 2021 | $881,020 | — | — | −$271,645 | $609,375 | $— | $19,825 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2025 | +8.8% | +12.1% | ~100% | Not available | Partial |
| 2024 | +23.6% | +20.0% | 97.1% | 1.9200% | Verified |
| 2023 | +8.6% | +8.6% | ~100% | 1.8100% | Verified |
| 2022 | +0.0% | +0.0% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.2500% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +46.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +9.3% | +10.9% | +34.5% | 2025 | +0.0% | 2023 |
| Assessment Ratio | 100.0% | 84.6% | — | 100.0% | 2025 | 66.9% | 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 |
$27,229 | $21,290 | ~$34,716 | $27,229 | 2025 | $17,892 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,474,960 | ~$1,463,572 | ~2.0139% | ~$29,475 | +10.9% |
| 2027 | ~$1,635,081 | ~$1,609,929 | ~1.9814% | ~$31,899 | +22.9% |
| 2028 | ~$1,812,584 | ~$1,770,922 | ~1.9488% | ~$34,512 | +36.2% |
| 2029 | ~$2,009,357 | ~$1,948,014 | ~1.9163% | ~$37,330 | +51.0% |
| 2030 | ~$2,227,491 | ~$2,142,816 | ~1.8837% | ~$40,365 | +67.4% |
| 2026 | ~$1,448,350 | ~$1,448,350 | ~2.0465% | ~$29,640 | +8.9% |
| 2027 | ~$1,576,615 | ~$1,576,615 | ~2.0465% | ~$32,265 | +18.5% |
| 2028 | ~$1,716,238 | ~$1,716,238 | ~2.0465% | ~$35,123 | +29.0% |
| 2029 | ~$1,868,227 | ~$1,868,227 | ~2.0465% | ~$38,233 | +40.4% |
| 2030 | ~$2,033,676 | ~$2,033,676 | ~2.0465% | ~$41,619 | +52.8% |
| 2026 | ~$1,501,571 | ~$1,463,572 | ~1.9977% | ~$29,237 | +12.9% |
| 2027 | ~$1,694,611 | ~$1,609,929 | ~1.9488% | ~$31,375 | +27.4% |
| 2028 | ~$1,912,469 | ~$1,770,922 | ~1.9000% | ~$33,648 | +43.7% |
| 2029 | ~$2,158,335 | ~$1,948,014 | ~1.8512% | ~$36,062 | +62.2% |
| 2030 | ~$2,435,809 | ~$2,142,816 | ~1.8024% | ~$38,621 | +83.1% |
In 2025, this property's market value of $1,330,520 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — +156% 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 | $1,330,520 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $988,900 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $910,772 | $503,905 | $617,035 | $919,932 | ↑ Above median | +0.9% |
| 2022 | $910,772 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $881,020 | $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.