1008 REINLI ST TX 78723
| Owner | WPOI AUSTIN MULTIFAMILY LLC |
|---|---|
| Parcel ID | 0225120306 |
| Short ID | 225465 |
| Type | Real |
| Use Code | 06 Apartment 26–49 Units |
| Valuation | Income |
| Improvement SF | 34,594 SF |
| Land SF | 51,902 SF |
| Acres | 1.192 |
| Year Built | 1967 |
| Legal | LOT 26B DAVIS KENNETH E SUBD |
| Neighborhood | 06NE |
| Land | $1,038,040 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,038,040 |
| Improvement | $6,341,960 |
|---|---|
| Total Improvement | $6,341,960 |
| Market | $7,380,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $7,380,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $7,380,000 |
| Taxable Value | $7,380,000 |
|---|
Appreciation: Market value has risen +113.3% from $3,459,400 (2021) to $7,380,000 (2025), a CAGR of 20.9% 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 $151,031. 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 14% of market value ($1,038,040 land vs $6,341,960 improvements), about $20/SF of land. Most value sits in the improvements, so building condition, age (~59 yrs), and rent roll drive the underwriting.
Submarket Position: At $7,380,000, 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 +20.9% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $19,027,242 by 2030, with an estimated annual tax burden around $223,893. 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.
13 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| SO | Sketch Only | 42,608 SF | ✗ |
| 551 | PAVED AREA | 27,000 SF | ✗ |
| 1ST | 1st Floor | 13,648 SF | ✓ |
| 2ND | 2nd Floor | 13,648 SF | ✓ |
| 3RD | 3rd Floor | 7,298 SF | ✓ |
| 011C | PORCH OPEN 1ST COMM | 3,635 SF | ✗ |
| 012C | PORCH OPEN 2 COMM | 3,187 SF | ✗ |
| 591 | MASONRY TRIM SF | 3,000 SF | ✗ |
| 601 | POOL COMM'L | 1,100 SF | ✗ |
| 013C | PORCH OPEN 3 COMM | 888 SF | ✗ |
| 581C | STORAGE ATT COMM | 720 SF | ✓ |
| 131 | PLBG 5-FIXT INF | 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% | $68,279.76 | $68,279.76 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $38,672.45 | $38,672.45 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $27,737.36 | $27,737.36 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $8,710.10 | $8,710.10 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $7,630.92 | $7,630.92 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $151,030.59 | $151,030.59 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $7,380,000 | $7,380,000 | +0.0% |
| Assessed Value | $7,380,000 | $7,380,000 | +0.0% |
| Land Value | $1,038,040 | $1,038,040 | +0.0% |
| Improvement Value | $6,341,960 | $6,341,960 | +0.0% |
| Taxable Value | $7,380,000 | $7,380,000 | +0.0% |
| Total Tax 2026 = estimate |
~$151,031
Estimated
|
~$151,031
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $8,837,500 | $7,380,000 | -1,457,500 (-16.5%) |
| Taxable Value | $8,837,500 | $7,380,000 | -1,457,500 (-16.5%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $7,380,000 | $1,038,040 | $6,341,960 | — | $7,380,000 | $7,380,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $7,380,000 | $1,038,040 | $6,341,960 | — | $7,380,000 | $7,380,000 | ~$151,031 | Partial |
| 2024 | $5,189,100 | — | — | −$4,151,060 | $1,038,040 | $— | $161,113 | Verified |
| 2023 | $4,843,160 | — | — | −$3,805,120 | $1,038,040 | $— | $93,884 | Verified |
| 2022 | $4,255,062 | — | — | −$3,217,022 | $1,038,040 | $— | $95,649 | Verified |
| 2021 | $3,459,400 | — | — | −$2,421,360 | $1,038,040 | $— | $92,619 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +19.7% | +19.7% | ~100% | Not available | Partial |
| 2025 | -9.2% | -9.2% | ~100% | Not available | Partial |
| 2024 | +56.7% | +56.7% | ~100% | 1.9800% | Verified |
| 2023 | +7.1% | +7.1% | ~100% | 1.8100% | Verified |
| 2022 | +0.0% | +0.0% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.6800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +52.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +17.2% | +20.9% | +42.2% | 2025 | +0.0% | 2026 |
| Assessment Ratio | 100.0% | 49.3% | — | 100.0% | 2025 | 20.0% | 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 |
$151,031 | $118,859 | ~$192,561 | $161,113 | 2024 | $92,619 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$8,919,084 | ~$8,118,000 | ~2.0139% | ~$163,491 | +20.9% |
| 2027 | ~$10,779,141 | ~$8,929,800 | ~1.9814% | ~$176,934 | +46.1% |
| 2028 | ~$13,027,109 | ~$9,822,780 | ~1.9488% | ~$191,430 | +76.5% |
| 2029 | ~$15,743,886 | ~$10,805,058 | ~1.9163% | ~$207,056 | +113.3% |
| 2030 | ~$19,027,242 | ~$11,885,564 | ~1.8837% | ~$223,893 | +157.8% |
| 2026 | ~$8,771,484 | ~$8,118,000 | ~2.0465% | ~$166,134 | +18.9% |
| 2027 | ~$10,425,330 | ~$8,929,800 | ~2.0465% | ~$182,747 | +41.3% |
| 2028 | ~$12,391,004 | ~$9,822,780 | ~2.0465% | ~$201,022 | +67.9% |
| 2029 | ~$14,727,303 | ~$10,805,058 | ~2.0465% | ~$221,124 | +99.6% |
| 2030 | ~$17,504,106 | ~$11,885,564 | ~2.0465% | ~$243,236 | +137.2% |
| 2026 | ~$9,066,684 | ~$8,118,000 | ~1.9977% | ~$162,170 | +22.9% |
| 2027 | ~$11,138,856 | ~$8,929,800 | ~1.9488% | ~$174,027 | +50.9% |
| 2028 | ~$13,684,619 | ~$9,822,780 | ~1.9000% | ~$186,634 | +85.4% |
| 2029 | ~$16,812,211 | ~$10,805,058 | ~1.8512% | ~$200,023 | +127.8% |
| 2030 | ~$20,654,608 | ~$11,885,564 | ~1.8024% | ~$214,222 | +179.9% |
In 2025, this property's market value of $7,380,000 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 14× 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 | $7,380,000 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $5,189,100 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $4,843,160 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $4,255,062 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $3,459,400 | $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.