1012 REINLI ST TX 78723
| Owner | WPOI AUSTIN MULTIFAMILY LLC |
|---|---|
| Parcel ID | 0224140502 |
| Short ID | 223367 |
| Type | Real |
| Use Code | 06 Apartment 26–49 Units |
| Valuation | Income |
| Improvement SF | 27,700 SF |
| Land SF | 51,945 SF |
| Acres | 1.192 |
| Year Built | 1965 |
| Legal | LOT 27B DAVIS KENNETH E SUBD |
| Neighborhood | 06NE |
| Land | $1,038,900 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,038,900 |
| Improvement | $4,981,100 |
|---|---|
| Total Improvement | $4,981,100 |
| Market | $6,020,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $6,020,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $6,020,000 |
| Taxable Value | $6,020,000 |
|---|
Appreciation: Market value has risen +94.0% from $3,102,400 (2021) to $6,020,000 (2025), a CAGR of 18.0% 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 $123,198. 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 17% of market value ($1,038,900 land vs $4,981,100 improvements), about $20/SF of land. Most value sits in the improvements, so building condition, age (~61 yrs), and rent roll drive the underwriting.
Submarket Position: At $6,020,000, 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 +18.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $13,787,003 by 2030, with an estimated annual tax burden around $182,634. 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.
10 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 16,700 SF | ✗ |
| 1ST | 1st Floor | 13,850 SF | ✓ |
| 2ND | 2nd Floor | 13,850 SF | ✓ |
| SO | Sketch Only | 5,720 SF | ✗ |
| 012C | PORCH OPEN 2 COMM | 3,323 SF | ✗ |
| 011C | PORCH OPEN 1ST COMM | 1,932 SF | ✗ |
| 581C | STORAGE ATT COMM | 1,145 SF | ✓ |
| 601 | POOL COMM'L | 800 SF | ✗ |
| 591 | MASONRY TRIM SF | 475 SF | ✗ |
| 132 | PLBG 5-FIXT AVG | 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% | $55,697.04 | $55,697.04 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $31,545.82 | $31,545.82 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $22,625.87 | $22,625.87 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $7,104.98 | $7,104.98 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $6,224.68 | $6,224.68 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $123,198.39 | $123,198.39 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $6,139,014 | $6,020,000 | +2.0% |
| Assessed Value | $6,139,014 | $6,020,000 | +2.0% |
| Land Value | $1,038,900 | $1,038,900 | +0.0% |
| Improvement Value | $5,100,114 | $4,981,100 | +2.4% |
| Taxable Value | $6,139,014 | $6,020,000 | +2.0% |
| Total Tax 2026 = estimate |
~$125,634
Estimated
|
~$123,198
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $8,033,000 | $6,139,014 | -1,893,986 (-23.6%) |
| Taxable Value | $8,033,000 | $6,139,014 | -1,893,986 (-23.6%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $6,139,014 | $1,038,900 | $5,100,114 | — | $6,139,014 | $6,139,014 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $6,020,000 | $1,038,900 | $4,981,100 | — | $6,020,000 | $6,020,000 | ~$123,198 | Partial |
| 2024 | $4,432,000 | — | — | −$3,393,100 | $1,038,900 | $— | $142,730 | Verified |
| 2023 | $4,155,000 | — | — | −$3,116,100 | $1,038,900 | $— | $80,186 | Verified |
| 2022 | $3,739,500 | — | — | −$2,700,600 | $1,038,900 | $— | $82,058 | Verified |
| 2021 | $3,102,400 | — | — | −$2,063,500 | $1,038,900 | $— | $81,397 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +33.4% | +33.4% | ~100% | Not available | Partial |
| 2025 | -16.4% | -16.4% | ~100% | Not available | Partial |
| 2024 | +62.5% | +62.5% | ~100% | 1.9800% | Verified |
| 2023 | +6.7% | +6.7% | ~100% | 1.8100% | Verified |
| 2022 | +0.0% | +0.0% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.6200% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +44.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +2.0% | +15.2% | +17.6% | +35.8% | 2025 | +2.0% | 2026 |
| Assessment Ratio | 100.0% | 51.6% | — | 100.0% | 2025 | 23.4% | 2024 |
| 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 |
$123,198 | $101,914 | ~$157,076 | $142,730 | 2024 | $80,186 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$7,105,116 | ~$6,622,000 | ~2.0139% | ~$133,363 | +18.0% |
| 2027 | ~$8,385,826 | ~$7,284,200 | ~1.9814% | ~$144,328 | +39.3% |
| 2028 | ~$9,897,386 | ~$8,012,620 | ~1.9488% | ~$156,153 | +64.4% |
| 2029 | ~$11,681,408 | ~$8,813,882 | ~1.9163% | ~$168,900 | +94.0% |
| 2030 | ~$13,787,003 | ~$9,695,270 | ~1.8837% | ~$182,634 | +129.0% |
| 2026 | ~$6,984,716 | ~$6,622,000 | ~2.0465% | ~$135,518 | +16.0% |
| 2027 | ~$8,104,029 | ~$7,284,200 | ~2.0465% | ~$149,070 | +34.6% |
| 2028 | ~$9,402,715 | ~$8,012,620 | ~2.0465% | ~$163,977 | +56.2% |
| 2029 | ~$10,909,517 | ~$8,813,882 | ~2.0465% | ~$180,375 | +81.2% |
| 2030 | ~$12,657,786 | ~$9,695,270 | ~2.0465% | ~$198,412 | +110.3% |
| 2026 | ~$7,225,516 | ~$6,622,000 | ~1.9977% | ~$132,285 | +20.0% |
| 2027 | ~$8,672,439 | ~$7,284,200 | ~1.9488% | ~$141,957 | +44.1% |
| 2028 | ~$10,409,110 | ~$8,012,620 | ~1.9000% | ~$152,241 | +72.9% |
| 2029 | ~$12,493,553 | ~$8,813,882 | ~1.8512% | ~$163,162 | +107.5% |
| 2030 | ~$14,995,410 | ~$9,695,270 | ~1.8024% | ~$174,745 | +149.1% |
In 2025, this property's market value of $6,020,000 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 12× 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 | $6,020,000 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $4,432,000 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $4,155,000 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $3,739,500 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $3,102,400 | $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.