5800 WELLINGTON DR TX 78723
| Owner | HG MP LLC |
|---|---|
| Parcel ID | 0221190711 |
| Short ID | 218987 |
| Type | Real |
| Use Code | 07 Apartment 50–100 Units |
| Valuation | Income |
| Improvement SF | 77,652 SF |
| Land SF | 126,000 SF |
| Acres | 2.893 |
| Year Built | 1969 |
| Legal | RESUB OF BLK C DELWOOD TERRACE SEC NO 1 |
| Neighborhood | 08NE |
| Land | $2,520,000 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,520,000 |
| Improvement | $5,382,074 |
|---|---|
| Total Improvement | $5,382,074 |
| Market | $7,902,074 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $7,902,074 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $7,902,074 |
| Taxable Value | $7,902,074 |
|---|
Appreciation: Market value has fallen -9.0% from $8,680,000 (2021) to $7,902,074 (2025), a CAGR of -2.3% 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 $161,715. 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 32% of market value ($2,520,000 land vs $5,382,074 improvements), about $20/SF of land. Most value sits in the improvements, so building condition, age (~57 yrs), and rent roll drive the underwriting.
Submarket Position: At $7,902,074, 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 -2.3% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $7,026,965 by 2030, with an estimated annual tax burden around $132,370. 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.
17 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| SO | Sketch Only | 129,594 SF | ✗ |
| 1ST | 1st Floor | 39,334 SF | ✓ |
| 2ND | 2nd Floor | 38,318 SF | ✓ |
| 551 | PAVED AREA | 34,504 SF | ✗ |
| 011C | PORCH OPEN 1ST COMM | 5,384 SF | ✗ |
| 012C | PORCH OPEN 2 COMM | 3,876 SF | ✗ |
| 505 | BALCONY | 1,120 SF | ✓ |
| 581C | STORAGE ATT COMM | 700 SF | ✓ |
| 601 | POOL COMM'L | 612 SF | ✗ |
| 611 | TERRACE | 600 SF | ✗ |
| MISC | Miscellaneous | 4 SF | ✓ |
| 132 | PLBG 5-FIXT AVG | 1 SF | ✓ |
| 142 | BATHTUB AVG | 1 SF | ✓ |
| 152 | COMMODE AVG | 1 SF | ✓ |
| 162 | LAVATORY 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% | $73,109.99 | $73,109.99 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $41,408.21 | $41,408.21 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $29,699.55 | $29,699.55 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $9,326.26 | $9,326.26 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $8,170.74 | $8,170.74 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $161,714.75 | $161,714.75 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $7,340,000 | $7,902,074 | -7.1% |
| Assessed Value | $7,340,000 | $7,902,074 | -7.1% |
| Land Value | $2,520,000 | $2,520,000 | +0.0% |
| Improvement Value | $4,820,000 | $5,382,074 | -10.4% |
| Taxable Value | $7,340,000 | $7,902,074 | -7.1% |
| Total Tax 2026 = estimate |
~$150,212
Estimated
|
~$161,715
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $9,274,319 | $7,340,000 | -1,934,319 (-20.9%) |
| Taxable Value | $9,274,319 | $7,340,000 | -1,934,319 (-20.9%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $7,340,000 | $2,520,000 | $4,820,000 | — | $7,340,000 | $7,340,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $7,902,074 | $2,520,000 | $5,382,074 | — | $7,902,074 | $7,902,074 | ~$161,715 | Partial |
| 2024 | $13,647,370 | — | — | −$11,127,370 | $2,520,000 | $— | $163,800 | Verified |
| 2023 | $13,338,500 | — | — | −$10,818,500 | $2,520,000 | $— | $219,418 | Verified |
| 2022 | $9,100,000 | — | — | −$7,840,000 | $1,260,000 | $— | $229,585 | Verified |
| 2021 | $8,680,000 | — | — | −$7,420,000 | $1,260,000 | $— | $198,078 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +17.4% | +17.4% | ~100% | Not available | Partial |
| 2025 | -21.4% | -21.4% | ~100% | Not available | Partial |
| 2024 | -26.4% | -26.4% | ~100% | 1.6300% | Verified |
| 2023 | +2.3% | +2.3% | ~100% | 1.6100% | Verified |
| 2022 | +46.6% | +46.6% | ~100% | 1.7200% | Verified |
| 2021 | base year | — | ~100% | 2.2800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -13.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -7.1% | +0.9% | -0.8% | +46.6% | 2023 | -42.1% | 2025 |
| Assessment Ratio | 100.0% | 44.3% | — | 100.0% | 2025 | 13.8% | 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 |
$161,715 | $194,519 | ~$143,719 | $229,585 | 2022 | $161,715 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$7,718,740 | ~$7,718,740 | ~2.0139% | ~$155,451 | -2.3% |
| 2027 | ~$7,539,660 | ~$7,539,660 | ~1.9814% | ~$149,390 | -4.6% |
| 2028 | ~$7,364,735 | ~$7,364,735 | ~1.9488% | ~$143,527 | -6.8% |
| 2029 | ~$7,193,868 | ~$7,193,868 | ~1.9163% | ~$137,855 | -9.0% |
| 2030 | ~$7,026,965 | ~$7,026,965 | ~1.8837% | ~$132,370 | -11.1% |
| 2026 | ~$7,560,699 | ~$7,560,699 | ~2.0465% | ~$154,729 | -4.3% |
| 2027 | ~$7,234,071 | ~$7,234,071 | ~2.0465% | ~$148,044 | -8.5% |
| 2028 | ~$6,921,555 | ~$6,921,555 | ~2.0465% | ~$141,649 | -12.4% |
| 2029 | ~$6,622,539 | ~$6,622,539 | ~2.0465% | ~$135,529 | -16.2% |
| 2030 | ~$6,336,440 | ~$6,336,440 | ~2.0465% | ~$129,674 | -19.8% |
| 2026 | ~$7,876,782 | ~$7,876,782 | ~1.9977% | ~$157,352 | -0.3% |
| 2027 | ~$7,851,571 | ~$7,851,571 | ~1.9488% | ~$153,015 | -0.6% |
| 2028 | ~$7,826,440 | ~$7,826,440 | ~1.9000% | ~$148,704 | -1.0% |
| 2029 | ~$7,801,390 | ~$7,801,390 | ~1.8512% | ~$144,419 | -1.3% |
| 2030 | ~$7,776,420 | ~$7,776,420 | ~1.8024% | ~$140,160 | -1.6% |
In 2025, this property's market value of $7,902,074 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 15× 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 | $7,902,074 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $13,647,370 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $13,338,500 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $9,100,000 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $8,680,000 | $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.