6110 WHELESS CV TX 78723
| Owner | SMOKE RING INVESTMENTS LLC |
|---|---|
| Parcel ID | 0222210233 |
| Short ID | 220918 |
| Type | Real |
| Use Code | 05 Apartment 5–25 Units |
| Valuation | Income |
| Improvement SF | 4,204 SF |
| Land SF | 12,096 SF |
| Acres | 0.278 |
| Year Built | 1983 |
| Legal | LOT 2E *RESUB OF LOT 1-2 SHEPPARD S R JR SUBD SEC 1 |
| Neighborhood | 05NE |
| Land | $241,920 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $241,920 |
| Improvement | $956,220 |
|---|---|
| Total Improvement | $956,220 |
| Market | $1,198,140 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,198,140 |
| Value Limitation Adjustment (−) (homestead cap) | −$101,498 |
| Net Appraised (assessed) | $1,096,642 |
| Taxable Value | $1,096,642 |
|---|
Appreciation: Market value has risen +67.6% from $714,680 (2021) to $1,198,140 (2025), a CAGR of 13.8% over 4 years. This is strong appreciation — well above typical inflation. Growth has been fairly evenly spread across these years rather than concentrated in one jump. 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 $22,443. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Assessment Gap: Assessed value ($1,096,642) is $101,498 below market value, suggesting potential for an upward assessment in future years.
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 20% of market value ($241,920 land vs $956,220 improvements), about $20/SF of land. Most value sits in the improvements, so building condition, age (~43 yrs), and rent roll drive the underwriting.
Submarket Position: At $1,198,140, 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 +13.8% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,285,612 by 2030, with an estimated annual tax burden around $33,270. 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.
8 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 4,374 SF | ✗ |
| 1ST | 1st Floor | 2,102 SF | ✓ |
| 2ND | 2nd Floor | 2,102 SF | ✓ |
| 011C | PORCH OPEN 1ST COMM | 238 SF | ✗ |
| 012C | PORCH OPEN 2 COMM | 77 SF | ✗ |
| 132 | PLBG 5-FIXT AVG | 1 SF | ✓ |
| 242 | OBS OVEN/BURN | 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% | $8,455.11 | $8,455.11 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $4,788.82 | $4,788.82 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,434.73 | $3,434.73 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,078.57 | $1,078.57 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $944.94 | $944.94 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $18,702.17 | $18,702.17 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,093,040 | $1,198,140 | -8.8% |
| Assessed Value | $1,093,040 | $1,096,642 | -0.3% |
| Land Value | $241,920 | $241,920 | +0.0% |
| Improvement Value | $851,120 | $956,220 | -11.0% |
| Taxable Value | $1,093,040 | $1,096,642 | -0.3% |
| Total Tax 2026 = estimate |
~$22,369
Estimated
|
~$18,702
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,219,160 | $1,093,040 | -126,120 (-10.3%) |
| Taxable Value | $1,096,642 | $1,093,040 | -3,602 (-0.3%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,093,040 | $241,920 | $851,120 | — | $1,093,040 | $1,093,040 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,198,140 | $241,920 | $956,220 | −$101,498 | $1,096,642 | $1,096,642 | ~$18,702 | Partial |
| 2024 | $1,008,960 | — | — | −$767,040 | $241,920 | $— | $18,111 | Verified |
| 2023 | $840,800 | — | — | −$598,880 | $241,920 | $— | $18,255 | Verified |
| 2022 | $840,800 | — | — | −$598,880 | $241,920 | $— | $16,605 | Verified |
| 2021 | $714,680 | — | — | −$472,760 | $241,920 | $— | $18,302 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +1.8% | +0.0% | 90.0% | Not available | Partial |
| 2025 | +31.1% | +20.0% | 91.5% | Not available | Partial |
| 2024 | -9.4% | -9.4% | ~100% | 1.9800% | Verified |
| 2023 | +20.0% | +20.0% | ~100% | 1.8100% | Verified |
| 2022 | +0.0% | +0.0% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.5600% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +42.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -8.8% | +9.5% | +16.0% | +20.0% | 2024 | -8.8% | 2026 |
| Assessment Ratio | 100.0% | 51.2% | — | 100.0% | 2026 | 24.0% | 2024 |
| Effective Tax Rate (2025) | 1.5600% | 1.5600% | — | 1.5600% | 2025 | 1.5600% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$18,702 | $17,995 | ~$28,614 | $18,702 | 2025 | $16,605 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,363,347 | ~$1,206,306 | ~2.0139% | ~$24,294 | +13.8% |
| 2027 | ~$1,551,335 | ~$1,326,937 | ~1.9814% | ~$26,292 | +29.5% |
| 2028 | ~$1,765,243 | ~$1,459,631 | ~1.9488% | ~$28,446 | +47.3% |
| 2029 | ~$2,008,646 | ~$1,605,594 | ~1.9163% | ~$30,768 | +67.6% |
| 2030 | ~$2,285,612 | ~$1,766,153 | ~1.8837% | ~$33,270 | +90.8% |
| 2026 | ~$1,339,385 | ~$1,206,306 | ~2.0465% | ~$24,687 | +11.8% |
| 2027 | ~$1,497,280 | ~$1,326,937 | ~2.0465% | ~$27,156 | +25.0% |
| 2028 | ~$1,673,789 | ~$1,459,631 | ~2.0465% | ~$29,871 | +39.7% |
| 2029 | ~$1,871,107 | ~$1,605,594 | ~2.0465% | ~$32,858 | +56.2% |
| 2030 | ~$2,091,685 | ~$1,766,153 | ~2.0465% | ~$36,144 | +74.6% |
| 2026 | ~$1,387,310 | ~$1,206,306 | ~1.9977% | ~$24,098 | +15.8% |
| 2027 | ~$1,606,348 | ~$1,326,937 | ~1.9488% | ~$25,860 | +34.1% |
| 2028 | ~$1,859,969 | ~$1,459,631 | ~1.9000% | ~$27,733 | +55.2% |
| 2029 | ~$2,153,633 | ~$1,605,594 | ~1.8512% | ~$29,723 | +79.7% |
| 2030 | ~$2,493,663 | ~$1,766,153 | ~1.8024% | ~$31,833 | +108.1% |
In 2025, this property's market value of $1,198,140 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — +131% 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 | $1,198,140 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $1,008,960 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $840,800 | $503,905 | $617,035 | $919,932 | ↑ Above median | +0.9% |
| 2022 | $840,800 | $506,618 | $615,058 | $906,429 | ↑ Above median | +39.1% |
| 2021 | $714,680 | $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.