807 PARK BLVD TX 78751
| Owner | HENDERSON MAYRENE |
|---|---|
| Parcel ID | 0219080217 |
| Short ID | 214874 |
| Type | Real |
| Use Code | 02 Duplex |
| Valuation | Cost |
| Improvement SF | 1,905 SF |
| Land SF | 12,685 SF |
| Acres | 0.291 |
| Year Built | 1936 |
| Legal | LOT 31 *& W 5FT LOT 32 BLK 23 65X42.8FT OLT 14 DIV C PERRY ESTATE |
| Neighborhood | Z64005 |
| Land | $427,992 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $427,992 |
| Improvement | $128,167 |
|---|---|
| Total Improvement | $128,167 |
| Market | $556,159 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $556,159 |
| Value Limitation Adjustment (−) (homestead cap) | −$26,580 |
| Net Appraised (assessed) | $529,579 |
| Exemptions (−) (HS,OV65) | −$249,136 |
|---|---|
| Taxable Value | $280,443 |
Appreciation: Market value has fallen -9.2% from $612,800 (2021) to $556,159 (2025), a CAGR of -2.4% over 4 years. Growth has been relatively flat for this asset class. 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 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 $5,739. Austin ISD is the largest single contributor, at 48.3% of the total 2025 levy.
Assessment Gap: Assessed value ($529,579) is $26,580 below market value, suggesting potential for an upward assessment in future years.
Asset Class: Multi-family residential. This is valued using the cost approach, tied more to replacement cost and physical condition than to income performance.
Value Composition: Land carries 77% of market value ($427,992 land vs $128,167 improvements), about $34/SF of land. With value concentrated in the land under a ~90-year-old structure, this reads as a land-dominated asset — the classic higher-and-best-use / redevelopment signal. Underwrite the dirt, not the building.
Submarket Position: At $556,159, 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 -2.4% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $492,662 by 2030, with an estimated annual tax burden around $9,280. 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 |
|---|---|---|---|
| 1ST | 1st Floor | 1,905 SF | ✓ |
| 095 | HVAC RESIDENTIAL | 1,905 SF | ✗ |
| 031 | GARAGE DET 1ST F | 486 SF | ✓ |
| 612 | TERRACE UNCOVERD | 167 SF | ✗ |
| 011 | PORCH OPEN 1ST F | 159 SF | ✗ |
| 251 | BATHROOM | 2 SF | ✓ |
| 522 | FIREPLACE | 2 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% | $2,817.96 | $2,817.96 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $1,213.95 | $1,213.95 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,054.03 | $1,054.03 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $464.56 | $464.56 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $281.44 | $281.44 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $5,831.94 | $5,831.94 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $730,750 | $556,159 | +31.4% |
| Assessed Value | $582,537 | $529,579 | +10.0% |
| Land Value | $476,385 | $427,992 | +11.3% |
| Improvement Value | $254,365 | $128,167 | +98.5% |
| Taxable Value | $320,761 | $280,443 | +14.4% |
| Exemptions | HS,OV65 | HS,OV65 | |
| HS Cap Loss | -$148,213 | — | |
| Total Tax 2026 = estimate |
~$6,564
Estimated
|
~$5,832
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $889,335 | $730,750 | -158,585 (-17.8%) |
| Taxable Value | $322,810 | $320,761 | -2,049 (-0.6%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $730,750 | $476,385 | $254,365 | −$148,213 | $582,537 | $320,761 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $556,159 | $427,992 | $128,167 | −$26,580 | $529,579 | $280,443 | ~$5,832 | Partial |
| 2024 | $808,385 | — | — | −$388,385 | $420,000 | $— | $5,910 | Verified |
| 2023 | $905,956 | — | — | −$485,956 | $420,000 | $— | $9,983 | Verified |
| 2022 | $686,200 | — | — | −$266,200 | $420,000 | $— | $11,481 | Verified |
| 2021 | $612,800 | — | — | −$222,800 | $390,000 | $— | $11,586 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +59.9% | +10.0% | 65.5% | Not available | Partial |
| 2025 | +15.5% | +10.0% | 95.2% | Not available | Partial |
| 2024 | -40.4% | -40.4% | ~100% | 1.2300% | Verified |
| 2023 | -10.8% | +9.0% | ~100% | 1.2400% | Verified |
| 2022 | +32.0% | +10.0% | 81.8% | 1.2700% | Verified |
| 2021 | base year | — | 98.2% | 1.8900% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -19.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +31.4% | +6.7% | -7.1% | +32.0% | 2023 | -31.2% | 2025 |
| Assessment Ratio | 79.7% | 66.4% | — | 95.2% | 2025 | 46.4% | 2023 |
| Effective Tax Rate (2025) | 1.0500% | 1.0500% | — | 1.0500% | 2025 | 1.0500% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$5,832 | $8,958 | ~$10,092 | $11,586 | 2021 | $5,832 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$542,836 | ~$542,836 | ~2.0139% | ~$10,932 | -2.4% |
| 2027 | ~$529,833 | ~$529,833 | ~1.9814% | ~$10,498 | -4.7% |
| 2028 | ~$517,141 | ~$517,141 | ~1.9488% | ~$10,078 | -7.0% |
| 2029 | ~$504,753 | ~$504,753 | ~1.9163% | ~$9,673 | -9.2% |
| 2030 | ~$492,662 | ~$492,662 | ~1.8837% | ~$9,280 | -11.4% |
| 2026 | ~$531,713 | ~$531,713 | ~2.0465% | ~$10,881 | -4.4% |
| 2027 | ~$508,342 | ~$508,342 | ~2.0465% | ~$10,403 | -8.6% |
| 2028 | ~$485,998 | ~$485,998 | ~2.0465% | ~$9,946 | -12.6% |
| 2029 | ~$464,636 | ~$464,636 | ~2.0465% | ~$9,509 | -16.5% |
| 2030 | ~$444,213 | ~$444,213 | ~2.0465% | ~$9,091 | -20.1% |
| 2026 | ~$553,960 | ~$553,960 | ~1.9977% | ~$11,066 | -0.4% |
| 2027 | ~$551,769 | ~$551,769 | ~1.9488% | ~$10,753 | -0.8% |
| 2028 | ~$549,587 | ~$549,587 | ~1.9000% | ~$10,442 | -1.2% |
| 2029 | ~$547,414 | ~$547,414 | ~1.8512% | ~$10,134 | -1.6% |
| 2030 | ~$545,249 | ~$545,249 | ~1.8024% | ~$9,827 | -2.0% |
In 2025, this property's market value of $556,159 places it in the 50th–75th percentile for Multi-Family properties in Travis County (12584 comparable) — +7% 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 | $556,159 | $438,669 | $519,778 | $749,859 | ↑ Above median | -7.5% |
| 2024 | $808,385 | $467,458 | $564,615 | $848,565 | ↑ Above median | -6.3% |
| 2023 | $905,956 | $503,905 | $617,035 | $919,932 | ↑ Above median | +0.9% |
| 2022 | $686,200 | $506,618 | $615,058 | $906,429 | ↑ Above median | +39.1% |
| 2021 | $612,800 | $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.