5008 CASWELL AVE TX 78751
| Owner | WILLIAMS ELLEN M |
|---|---|
| Parcel ID | 0222110611 |
| Short ID | 220221 |
| Type | Real |
| Use Code | 02 Duplex |
| Valuation | Cost |
| Improvement SF | 1,728 SF |
| Land SF | 8,820 SF |
| Acres | 0.202 |
| Year Built | 1932 |
| Legal | LOT 23-25 BLK 8 HIGHLANDS THE |
| Neighborhood | Z65005 |
| Land | $627,550 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $627,550 |
| Improvement | $104,508 |
|---|---|
| Total Improvement | $104,508 |
| Market | $732,058 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $732,058 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $732,058 |
| Taxable Value | $732,058 |
|---|
Appreciation: Market value has risen +39.4% from $525,036 (2021) to $732,058 (2025), a CAGR of 8.7% 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 $14,981. 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 cost approach, tied more to replacement cost and physical condition than to income performance.
Value Composition: Land carries 86% of market value ($627,550 land vs $104,508 improvements), about $71/SF of land. With value concentrated in the land under a ~94-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 $732,058, 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 +8.7% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,109,152 by 2030, with an estimated annual tax burden around $20,894. 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.
6 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 1,224 SF | ✓ |
| 1/2 | Half Floor | 504 SF | ✓ |
| 512 | DECK UNCOVRED | 96 SF | ✗ |
| 011 | PORCH OPEN 1ST F | 72 SF | ✗ |
| 251 | BATHROOM | 3 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% | $6,773.00 | $6,773.00 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $3,836.11 | $3,836.11 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,751.40 | $2,751.40 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $864.00 | $864.00 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $756.95 | $756.95 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $14,981.46 | $14,981.46 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $716,141 | $732,058 | -2.2% |
| Assessed Value | $716,141 | $732,058 | -2.2% |
| Land Value | $490,950 | $627,550 | -21.8% |
| Improvement Value | $225,191 | $104,508 | +115.5% |
| Taxable Value | $716,141 | $732,058 | -2.2% |
| Total Tax 2026 = estimate |
~$14,656
Estimated
|
~$14,981
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $716,141 | $716,141 | +0 (+0.0%) |
| Taxable Value | $716,141 | $716,141 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $716,141 | $490,950 | $225,191 | — | $716,141 | $716,141 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $732,058 | $627,550 | $104,508 | — | $732,058 | $732,058 | ~$14,981 | Partial |
| 2024 | $718,953 | — | — | −$113,953 | $605,000 | $— | $15,046 | Verified |
| 2023 | $781,537 | — | — | −$176,537 | $605,000 | $— | $13,008 | Verified |
| 2022 | $559,942 | — | — | — | $605,000 ! | $— | $15,435 | Verified |
| 2021 | $525,036 | — | — | −$140,036 | $385,000 | $— | $12,188 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -2.2% | -2.2% | ~100% | Not available | Partial |
| 2025 | -3.6% | -3.6% | ~100% | Not available | Partial |
| 2024 | +5.6% | +5.6% | ~100% | 1.9800% | Verified |
| 2023 | -8.0% | -8.0% | ~100% | 1.8100% | Verified |
| 2022 | +39.6% | +39.6% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.3200% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +30.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -2.2% | +7.6% | +9.1% | +39.6% | 2023 | -8.0% | 2024 |
| Assessment Ratio | 100.0% | 90.5% | — | 108.0% | 2022 | 73.3% | 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 |
$14,981 | $14,132 | ~$18,382 | $15,435 | 2022 | $12,188 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$795,490 | ~$795,490 | ~2.0139% | ~$16,021 | +8.7% |
| 2027 | ~$864,418 | ~$864,418 | ~1.9814% | ~$17,127 | +18.1% |
| 2028 | ~$939,318 | ~$939,318 | ~1.9488% | ~$18,306 | +28.3% |
| 2029 | ~$1,020,709 | ~$1,020,709 | ~1.9163% | ~$19,560 | +39.4% |
| 2030 | ~$1,109,152 | ~$1,109,152 | ~1.8837% | ~$20,894 | +51.5% |
| 2026 | ~$780,849 | ~$780,849 | ~2.0465% | ~$15,980 | +6.7% |
| 2027 | ~$832,891 | ~$832,891 | ~2.0465% | ~$17,045 | +13.8% |
| 2028 | ~$888,402 | ~$888,402 | ~2.0465% | ~$18,181 | +21.4% |
| 2029 | ~$947,613 | ~$947,613 | ~2.0465% | ~$19,393 | +29.4% |
| 2030 | ~$1,010,770 | ~$1,010,770 | ~2.0465% | ~$20,685 | +38.1% |
| 2026 | ~$810,131 | ~$805,264 | ~1.9977% | ~$16,086 | +10.7% |
| 2027 | ~$896,530 | ~$885,790 | ~1.9488% | ~$17,263 | +22.5% |
| 2028 | ~$992,144 | ~$974,369 | ~1.9000% | ~$18,513 | +35.5% |
| 2029 | ~$1,097,955 | ~$1,071,806 | ~1.8512% | ~$19,841 | +50.0% |
| 2030 | ~$1,215,050 | ~$1,178,987 | ~1.8024% | ~$21,250 | +66.0% |
In 2025, this property's market value of $732,058 places it in the 50th–75th percentile for Multi-Family properties in Travis County (12584 comparable) — +41% 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 | $732,058 | $438,669 | $519,778 | $749,859 | ↑ Above median | -7.5% |
| 2024 | $718,953 | $467,458 | $564,615 | $848,565 | ↑ Above median | -6.3% |
| 2023 | $781,537 | $503,905 | $617,035 | $919,932 | ↑ Above median | +0.9% |
| 2022 | $559,942 | $506,618 | $615,058 | $906,429 | ↓ Below median | +39.1% |
| 2021 | $525,036 | $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.