5005 LYNNWOOD ST TX 78756
| Owner | BAUSMAN GAGE |
|---|---|
| Parcel ID | 0225030422 |
| Short ID | 224719 |
| Type | Real |
| Use Code | 04 Fourplex |
| Valuation | Income |
| Improvement SF | 3,750 SF |
| Land SF | 9,000 SF |
| Acres | 0.207 |
| Year Built | 1965 |
| Legal | LOT 10 BLK 9 ROSEDOWN |
| Neighborhood | Y8006 |
| Land | $605,000 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $605,000 |
| Improvement | $180,705 |
|---|---|
| Total Improvement | $180,705 |
| Market | $785,705 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $785,705 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $785,705 |
| Exemptions (−) (HS) | −$106,878 |
|---|---|
| Taxable Value | $678,827 |
Appreciation: Market value has risen +94.0% from $405,000 (2021) to $785,705 (2025), a CAGR of 18.0% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2025→2026), 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 $13,892. Austin ISD is the largest single contributor, at 44.6% 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 77% of market value ($605,000 land vs $180,705 improvements), about $67/SF of land. With value concentrated in the land under a ~61-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 $785,705, 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 $1,798,934 by 2030, with an estimated annual tax burden around $23,837. 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 |
|---|---|---|---|
| 095 | HVAC RESIDENTIAL | 3,750 SF | ✗ |
| 1ST | 1st Floor | 1,875 SF | ✓ |
| 2ND | 2nd Floor | 1,875 SF | ✓ |
| SO | Sketch Only | 368 SF | ✗ |
| 612 | TERRACE UNCOVERD | 240 SF | ✗ |
| 581 | STORAGE ATT | 147 SF | ✓ |
| 011 | PORCH OPEN 1ST F | 128 SF | ✗ |
| 251 | BATHROOM | 6 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% | $6,204.73 | $6,204.73 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $3,557.17 | $3,557.17 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,551.34 | $2,551.34 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $806.89 | $806.89 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $801.17 | $801.17 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $13,921.30 | $13,921.30 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,070,000 | $785,705 | +36.2% |
| Assessed Value | ~$864,276 | $785,705 | +10.0% |
| Land Value | $440,000 | $605,000 | -27.3% |
| Improvement Value | $630,000 | $180,705 | +248.6% |
| Taxable Value | ~$757,398 | $678,827 | +11.6% |
| Exemptions | HS | HS | |
| HS Cap Protection | ~-$205,724 | — | |
| Total Tax 2026 = estimate |
~$15,500
Estimated
|
~$13,921
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,186,858 | $1,070,000 | -116,858 (-9.8%) |
| Taxable Value | $1,017,809 | $757,398 | -260,411 (-25.6%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,070,000 | $440,000 | $630,000 | — | $1,070,000 | $907,686 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $785,705 | $605,000 | $180,705 | — | $785,705 | $678,827 | ~$13,921 | Partial |
| 2024 | $899,812 | — | — | −$584,812 | $315,000 | $— | $15,048 | Verified |
| 2023 | $640,479 | — | — | −$190,479 | $450,000 | $— | $16,280 | Verified |
| 2022 | $638,533 | — | — | −$188,533 | $450,000 | $— | $12,649 | Verified |
| 2021 | $405,000 | — | — | −$105,000 | $300,000 | $— | $13,899 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +51.1% | +51.1% | ~100% | Not available | Partial |
| 2025 | +3.5% | +3.5% | ~100% | Not available | Partial |
| 2024 | -15.6% | -15.6% | ~100% | 1.9800% | Verified |
| 2023 | +40.5% | +40.5% | ~100% | 1.8100% | Verified |
| 2022 | +0.3% | +0.3% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 3.4300% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +23.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +36.2% | +24.4% | +11.7% | +57.7% | 2022 | -12.7% | 2025 |
| Assessment Ratio | 100.0% | 75.0% | — | 100.0% | 2025 | 35.0% | 2024 |
| Effective Tax Rate (2025) | 1.7700% | 1.7700% | — | 1.7700% | 2025 | 1.7700% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$13,921 | $14,359 | ~$20,501 | $16,280 | 2023 | $12,649 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$927,279 | ~$864,276 | ~2.0139% | ~$17,406 | +18.0% |
| 2027 | ~$1,094,364 | ~$950,703 | ~1.9814% | ~$18,837 | +39.3% |
| 2028 | ~$1,291,555 | ~$1,045,773 | ~1.9488% | ~$20,380 | +64.4% |
| 2029 | ~$1,524,277 | ~$1,150,351 | ~1.9163% | ~$22,044 | +94.0% |
| 2030 | ~$1,798,934 | ~$1,265,386 | ~1.8837% | ~$23,837 | +129.0% |
| 2026 | ~$911,565 | ~$864,276 | ~2.0465% | ~$17,687 | +16.0% |
| 2027 | ~$1,057,587 | ~$950,703 | ~2.0465% | ~$19,456 | +34.6% |
| 2028 | ~$1,227,000 | ~$1,045,773 | ~2.0465% | ~$21,402 | +56.2% |
| 2029 | ~$1,423,550 | ~$1,150,351 | ~2.0465% | ~$23,542 | +81.2% |
| 2030 | ~$1,651,585 | ~$1,265,386 | ~2.0465% | ~$25,896 | +110.2% |
| 2026 | ~$942,994 | ~$864,276 | ~1.9977% | ~$17,265 | +20.0% |
| 2027 | ~$1,131,769 | ~$950,703 | ~1.9488% | ~$18,528 | +44.0% |
| 2028 | ~$1,358,336 | ~$1,045,773 | ~1.9000% | ~$19,870 | +72.9% |
| 2029 | ~$1,630,258 | ~$1,150,351 | ~1.8512% | ~$21,295 | +107.5% |
| 2030 | ~$1,956,616 | ~$1,265,386 | ~1.8024% | ~$22,807 | +149.0% |
In 2025, this property's market value of $785,705 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — +51% 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 | $785,705 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $899,812 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $640,479 | $503,905 | $617,035 | $919,932 | ↑ Above median | +0.9% |
| 2022 | $638,533 | $506,618 | $615,058 | $906,429 | ↑ Above median | +39.1% |
| 2021 | $405,000 | $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.