5810 WELLINGTON DR TX 78723
| Owner | THREE SPADESIDERS LLC |
|---|---|
| Parcel ID | 0221190801 |
| Short ID | 218989 |
| Type | Real |
| Use Code | 04 Fourplex |
| Valuation | Income |
| Improvement SF | 3,870 SF |
| Land SF | 7,522 SF |
| Acres | 0.173 |
| Year Built | 1971 |
| Legal | LOT 1 BLK B DELWOOD TERRACE SEC NO 1 |
| Neighborhood | D7005 |
| Land | $253,650 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $253,650 |
| Improvement | $504,242 |
|---|---|
| Total Improvement | $504,242 |
| Market | $757,892 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $757,892 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $757,892 |
| Taxable Value | $757,892 |
|---|
Appreciation: Market value has risen +53.1% from $495,169 (2021) to $757,892 (2025), a CAGR of 11.2% 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 $15,510. 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 33% of market value ($253,650 land vs $504,242 improvements), about $34/SF of land. Most value sits in the improvements, so building condition, age (~55 yrs), and rent roll drive the underwriting.
Submarket Position: At $757,892, 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 +11.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,290,252 by 2030, with an estimated annual tax burden around $22,993. 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 |
|---|---|---|---|
| 095 | HVAC RESIDENTIAL | 3,870 SF | ✗ |
| 551 | PAVED AREA | 2,376 SF | ✗ |
| 1ST | 1st Floor | 1,935 SF | ✓ |
| 2ND | 2nd Floor | 1,935 SF | ✓ |
| 612 | TERRACE UNCOVERD | 190 SF | ✗ |
| 613 | TERRACE COVERED | 190 SF | ✗ |
| 251 | BATHROOM | 6 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% | $7,012.02 | $7,012.02 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $3,971.48 | $3,971.48 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,848.50 | $2,848.50 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $894.49 | $894.49 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $783.66 | $783.66 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $15,510.15 | $15,510.15 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $712,562 | $757,892 | -6.0% |
| Assessed Value | $712,562 | $757,892 | -6.0% |
| Land Value | $177,555 | $253,650 | -30.0% |
| Improvement Value | $535,007 | $504,242 | +6.1% |
| Taxable Value | $712,562 | $757,892 | -6.0% |
| Total Tax 2026 = estimate |
~$14,582
Estimated
|
~$15,510
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $752,044 | $712,562 | -39,482 (-5.2%) |
| Taxable Value | $752,044 | $712,562 | -39,482 (-5.2%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $712,562 | $177,555 | $535,007 | — | $712,562 | $712,562 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $757,892 | $253,650 | $504,242 | — | $757,892 | $757,892 | ~$15,510 | Partial |
| 2024 | $821,017 | — | — | −$471,017 | $350,000 | $— | $15,587 | Verified |
| 2023 | $728,497 | — | — | −$395,997 | $332,500 | $— | $14,854 | Verified |
| 2022 | $489,590 | — | — | −$157,090 | $332,500 | $— | $14,387 | Verified |
| 2021 | $495,169 | — | — | −$305,169 | $190,000 | $— | $10,657 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -0.8% | -0.8% | ~100% | Not available | Partial |
| 2025 | -3.6% | -3.6% | ~100% | Not available | Partial |
| 2024 | -8.6% | -8.6% | ~100% | 1.9800% | Verified |
| 2023 | +18.2% | +18.2% | ~100% | 1.7300% | Verified |
| 2022 | +48.8% | +48.8% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1500% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +54.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -6.0% | +9.3% | +12.6% | +48.8% | 2023 | -7.7% | 2025 |
| Assessment Ratio | 100.0% | 65.8% | — | 100.0% | 2025 | 38.4% | 2021 |
| 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 |
$15,510 | $14,199 | ~$19,775 | $15,587 | 2024 | $10,657 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$842,987 | ~$833,681 | ~2.0139% | ~$16,790 | +11.2% |
| 2027 | ~$937,636 | ~$917,049 | ~1.9814% | ~$18,170 | +23.7% |
| 2028 | ~$1,042,912 | ~$1,008,754 | ~1.9488% | ~$19,659 | +37.6% |
| 2029 | ~$1,160,009 | ~$1,109,630 | ~1.9163% | ~$21,264 | +53.1% |
| 2030 | ~$1,290,252 | ~$1,220,593 | ~1.8837% | ~$22,993 | +70.2% |
| 2026 | ~$827,829 | ~$827,829 | ~2.0465% | ~$16,941 | +9.2% |
| 2027 | ~$904,220 | ~$904,220 | ~2.0465% | ~$18,505 | +19.3% |
| 2028 | ~$987,660 | ~$987,660 | ~2.0465% | ~$20,212 | +30.3% |
| 2029 | ~$1,078,799 | ~$1,078,799 | ~2.0465% | ~$22,077 | +42.3% |
| 2030 | ~$1,178,349 | ~$1,178,349 | ~2.0465% | ~$24,115 | +55.5% |
| 2026 | ~$858,145 | ~$833,681 | ~1.9977% | ~$16,654 | +13.2% |
| 2027 | ~$971,659 | ~$917,049 | ~1.9488% | ~$17,872 | +28.2% |
| 2028 | ~$1,100,188 | ~$1,008,754 | ~1.9000% | ~$19,166 | +45.2% |
| 2029 | ~$1,245,719 | ~$1,109,630 | ~1.8512% | ~$20,541 | +64.4% |
| 2030 | ~$1,410,501 | ~$1,220,593 | ~1.8024% | ~$22,000 | +86.1% |
In 2025, this property's market value of $757,892 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — +46% 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 | $757,892 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $821,017 | $467,458 | $564,615 | $848,565 | ↑ Above median | -6.3% |
| 2023 | $728,497 | $503,905 | $617,035 | $919,932 | ↑ Above median | +0.9% |
| 2022 | $489,590 | $506,618 | $615,058 | $906,429 | ↓ Bottom 25% | +39.1% |
| 2021 | $495,169 | $300,453 | $376,850 | $539,896 | ↑ Above median | 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.