5808 WELLINGTON DR TX 78723
| Owner | ABRAHAM RESHE GEORGE & SHEWTA |
|---|---|
| Parcel ID | 0221190802 |
| Short ID | 218990 |
| Type | Real |
| Use Code | 04 Fourplex |
| Valuation | Income |
| Improvement SF | 3,870 SF |
| Land SF | 8,982 SF |
| Acres | 0.206 |
| Year Built | 1971 |
| Legal | LOT 2 LESS S 10FT AV BLK B DELWOOD TERRACE SEC NO 1 |
| Neighborhood | D7005 |
| Land | $258,863 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $258,863 |
| Improvement | $575,329 |
|---|---|
| Total Improvement | $575,329 |
| Market | $834,192 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $834,192 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $834,192 |
| Taxable Value | $834,192 |
|---|
Appreciation: Market value has risen +80.0% from $463,371 (2021) to $834,192 (2025), a CAGR of 15.8% 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 $17,072. 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 31% of market value ($258,863 land vs $575,329 improvements), about $29/SF of land. Most value sits in the improvements, so building condition, age (~55 yrs), and rent roll drive the underwriting.
Submarket Position: At $834,192, 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 +15.8% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,739,552 by 2030, with an estimated annual tax burden around $25,308. 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 | ✓ |
Market value changed by 76% in 2022, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| 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% | $7,717.94 | $7,717.94 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $4,371.31 | $4,371.31 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,135.27 | $3,135.27 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $984.54 | $984.54 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $862.55 | $862.55 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $17,071.61 | $17,071.61 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $775,936 | $834,192 | -7.0% |
| Assessed Value | $775,936 | $834,192 | -7.0% |
| Land Value | $181,204 | $258,863 | -30.0% |
| Improvement Value | $594,732 | $575,329 | +3.4% |
| Taxable Value | $775,936 | $834,192 | -7.0% |
| Total Tax 2026 = estimate |
~$15,879
Estimated
|
~$17,072
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $834,192 | $775,936 | -58,256 (-7.0%) |
| Taxable Value | $834,192 | $775,936 | -58,256 (-7.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $775,936 | $181,204 | $594,732 | — | $775,936 | $775,936 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $834,192 | $258,863 | $575,329 | — | $834,192 | $834,192 | ~$17,072 | Partial |
| 2024 | $894,170 | — | — | −$544,170 | $350,000 | $— | $16,833 | Verified |
| 2023 | $771,731 | — | — | −$421,731 | $350,000 | $— | $16,178 | Verified |
| 2022 | $439,646 | — | — | −$89,646 | $350,000 | $— | $15,241 | Verified |
| 2021 | $463,371 | — | — | −$283,371 | $180,000 | $— | $9,570 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2025 | -1.8% | -1.8% | ~100% | Not available | Partial |
| 2024 | -5.0% | -5.0% | ~100% | 1.9800% | Verified |
| 2023 | +15.9% | +15.9% | ~100% | 1.8100% | Verified |
| 2022 | +75.5% ! | +75.5% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.0700% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +89.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -7.0% | +14.5% | +17.6% | +75.5% | 2023 | -7.0% | 2026 |
| Assessment Ratio | 100.0% | 67.1% | — | 100.0% | 2025 | 38.8% | 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 |
$17,072 | $14,979 | ~$21,766 | $17,072 | 2025 | $9,570 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$966,274 | ~$917,611 | ~2.0139% | ~$18,480 | +15.8% |
| 2027 | ~$1,119,269 | ~$1,009,372 | ~1.9814% | ~$20,000 | +34.2% |
| 2028 | ~$1,296,489 | ~$1,110,310 | ~1.9488% | ~$21,638 | +55.4% |
| 2029 | ~$1,501,769 | ~$1,221,341 | ~1.9163% | ~$23,404 | +80.0% |
| 2030 | ~$1,739,552 | ~$1,343,475 | ~1.8837% | ~$25,308 | +108.5% |
| 2026 | ~$949,590 | ~$917,611 | ~2.0465% | ~$18,779 | +13.8% |
| 2027 | ~$1,080,952 | ~$1,009,372 | ~2.0465% | ~$20,657 | +29.6% |
| 2028 | ~$1,230,486 | ~$1,110,310 | ~2.0465% | ~$22,722 | +47.5% |
| 2029 | ~$1,400,706 | ~$1,221,341 | ~2.0465% | ~$24,995 | +67.9% |
| 2030 | ~$1,594,473 | ~$1,343,475 | ~2.0465% | ~$27,494 | +91.1% |
| 2026 | ~$982,958 | ~$917,611 | ~1.9977% | ~$18,331 | +17.8% |
| 2027 | ~$1,158,254 | ~$1,009,372 | ~1.9488% | ~$19,671 | +38.8% |
| 2028 | ~$1,364,812 | ~$1,110,310 | ~1.9000% | ~$21,096 | +63.6% |
| 2029 | ~$1,608,206 | ~$1,221,341 | ~1.8512% | ~$22,609 | +92.8% |
| 2030 | ~$1,895,005 | ~$1,343,475 | ~1.8024% | ~$24,214 | +127.2% |
In 2025, this property's market value of $834,192 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — +60% 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 | $834,192 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $894,170 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $771,731 | $503,905 | $617,035 | $919,932 | ↑ Above median | +0.9% |
| 2022 | $439,646 | $506,618 | $615,058 | $906,429 | ↓ Bottom 25% | +39.1% |
| 2021 | $463,371 | $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.