2706 WHELESS LN 78723
| Owner | RAINTREE LUXURY CONDOS LLC |
|---|---|
| Parcel ID | 0222210299 |
| Short ID | 973854 |
| Type | Real |
| Use Code | 05 Apartment 5–25 Units |
| Valuation | Income |
| Improvement SF | 11,200 SF |
| Land SF | 33,775 SF |
| Acres | 0.775 |
| Year Built | 1984 |
| Legal | VISTA ALEGRE II LOT 1 |
| Neighborhood | NE |
| Land | $675,500 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $675,500 |
| Improvement | $2,339,658 |
|---|---|
| Total Improvement | $2,339,658 |
| Market | $3,015,158 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $3,015,158 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $3,015,158 |
| Taxable Value | $3,015,158 |
|---|
Appreciation: Market value has risen +12.2% from $2,688,000 (2024) to $3,015,158 (2025), a CAGR of 12.2% over 1 year. This is strong appreciation — well above typical inflation. Over the same span, the median Multi-Family parcel countywide fell -7.9%, 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 $61,705. 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 22% of market value ($675,500 land vs $2,339,658 improvements), about $20/SF of land. Most value sits in the improvements, so building condition, age (~42 yrs), and rent roll drive the underwriting.
Submarket Position: At $3,015,158, 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 +12.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $5,354,441 by 2030, with an estimated annual tax burden around $91,473. 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.
9 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 14,200 SF | ✗ |
| 1ST | 1st Floor | 5,696 SF | ✓ |
| 2ND | 2nd Floor | 5,504 SF | ✓ |
| 541 | FENCE COMM LF | 600 SF | ✗ |
| 132 | PLBG 5-FIXT AVG | 1 SF | ✓ |
| 152 | COMMODE AVG | 1 SF | ✓ |
| 162 | LAVATORY AVG | 1 SF | ✓ |
| 242 | OBS OVEN/BURN | 1 SF | ✓ |
| 521 | FIREPLACE | 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% | $25,905.60 | $25,905.60 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $14,672.48 | $14,672.48 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $10,523.66 | $10,523.66 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $3,304.64 | $3,304.64 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,895.20 | $2,895.20 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $57,301.58 | $57,301.58 | Paid |
| 2026 Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | — | $3,015,158 | — |
| Assessed Value | — | $3,015,158 | — |
| Land Value | — | $675,500 | — |
| Improvement Value | — | $2,339,658 | — |
| Taxable Value | — | $3,015,158 | — |
| Total Tax | Pending certification |
~$57,302
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2025 | $3,015,158 | $675,500 | $2,339,658 | — | $3,015,158 | $3,015,158 | ~$57,302 | Partial |
| 2024 | $2,688,000 | — | — | −$2,012,500 | $675,500 | $— | $59,755 | Verified |
| 2023 | $— | — | — | — | $675,500 | $— | $48,633 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2025 | -2.1% | -2.1% | ~100% | Not available | Partial |
| 2024 | +14.6% | +14.6% | ~100% | 1.9400% | Verified |
| 2023 | base year | — | ~100% | 1.8100% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +12.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +12.2% | +12.2% | +12.2% | +12.2% | 2025 | +12.2% | 2025 |
| Assessment Ratio | 100.0% | 62.5% | — | 100.0% | 2025 | 25.1% | 2024 |
| Effective Tax Rate (2025) | 1.9000% | 1.9000% | — | 1.9000% | 2025 | 1.9000% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$57,302 | $58,528 | ~$78,672 | $59,755 | 2024 | $57,302 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$3,382,135 | ~$3,316,674 | ~2.0139% | ~$66,796 | +12.2% |
| 2027 | ~$3,793,776 | ~$3,648,341 | ~1.9814% | ~$72,288 | +25.8% |
| 2028 | ~$4,255,519 | ~$4,013,175 | ~1.9488% | ~$78,210 | +41.1% |
| 2029 | ~$4,773,460 | ~$4,414,493 | ~1.9163% | ~$84,595 | +58.3% |
| 2030 | ~$5,354,441 | ~$4,855,942 | ~1.8837% | ~$91,473 | +77.6% |
| 2026 | ~$3,321,831 | ~$3,316,674 | ~2.0465% | ~$67,875 | +10.2% |
| 2027 | ~$3,659,697 | ~$3,648,341 | ~2.0465% | ~$74,663 | +21.4% |
| 2028 | ~$4,031,927 | ~$4,013,175 | ~2.0465% | ~$82,129 | +33.7% |
| 2029 | ~$4,442,016 | ~$4,414,493 | ~2.0465% | ~$90,342 | +47.3% |
| 2030 | ~$4,893,816 | ~$4,855,942 | ~2.0465% | ~$99,376 | +62.3% |
| 2026 | ~$3,442,438 | ~$3,316,674 | ~1.9977% | ~$66,256 | +14.2% |
| 2027 | ~$3,930,268 | ~$3,648,341 | ~1.9488% | ~$71,100 | +30.4% |
| 2028 | ~$4,487,228 | ~$4,013,175 | ~1.9000% | ~$76,251 | +48.8% |
| 2029 | ~$5,123,116 | ~$4,414,493 | ~1.8512% | ~$81,721 | +69.9% |
| 2030 | ~$5,849,115 | ~$4,855,942 | ~1.8024% | ~$87,522 | +94.0% |
In 2025, this property's market value of $3,015,158 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 6× 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 | $3,015,158 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $2,688,000 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | — | $503,905 | $617,035 | $919,932 | — | +0.9% |
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.