1614 WHELESS LN TX 78723
| Owner | MAPLE ARMS LLC |
|---|---|
| Parcel ID | 0226170411 |
| Short ID | 226773 |
| Type | Real |
| Use Code | 05 Apartment 5–25 Units |
| Valuation | Income |
| Improvement SF | 18,596 SF |
| Land SF | 41,521 SF |
| Acres | 0.953 |
| Year Built | 1970 |
| Legal | ABS 789 SUR 57 WALLACE J P ACR .9532 |
| Neighborhood | 05NE |
| Land | $1,245,642 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,245,642 |
| Improvement | $2,232,378 |
|---|---|
| Total Improvement | $2,232,378 |
| Market | $3,478,020 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $3,478,020 |
| Value Limitation Adjustment (−) (homestead cap) | −$53,220 |
| Net Appraised (assessed) | $3,424,800 |
| Taxable Value | $3,424,800 |
|---|
Appreciation: Market value has risen +78.4% from $1,950,000 (2021) to $3,478,020 (2025), a CAGR of 15.6% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2024→2025), 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 $70,088. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Assessment Gap: Assessed value ($3,424,800) is $53,220 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 36% of market value ($1,245,642 land vs $2,232,378 improvements), about $30/SF of land. Most value sits in the improvements, so building condition, age (~56 yrs), and rent roll drive the underwriting.
Submarket Position: At $3,478,020, 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 +15.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $7,168,923 by 2030, with an estimated annual tax burden around $103,901. 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 | 43,664 SF | ✗ |
| 1ST | 1st Floor | 9,298 SF | ✓ |
| 2ND | 2nd Floor | 9,298 SF | ✓ |
| 551 | PAVED AREA | 8,384 SF | ✗ |
| 011C | PORCH OPEN 1ST COMM | 2,076 SF | ✗ |
| 012C | PORCH OPEN 2 COMM | 2,056 SF | ✗ |
| 581C | STORAGE ATT COMM | 1,120 SF | ✓ |
| 591 | MASONRY TRIM SF | 900 SF | ✗ |
| 601 | POOL COMM'L | 704 SF | ✗ |
| MISC | Miscellaneous | 4 SF | ✓ |
| 132 | PLBG 5-FIXT AVG | 1 SF | ✓ |
| 269 | OBS RANGE DRP-IN | 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% | $31,686.25 | $31,686.25 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $17,946.53 | $17,946.53 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $12,871.94 | $12,871.94 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $4,042.05 | $4,042.05 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $3,541.24 | $3,541.24 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $70,088.01 | $70,088.01 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,984,000 | $3,478,020 | -14.2% |
| Assessed Value | $2,984,000 | $3,424,800 | -12.9% |
| Land Value | $1,245,642 | $1,245,642 | +0.0% |
| Improvement Value | $1,738,358 | $2,232,378 | -22.1% |
| Taxable Value | $2,984,000 | $3,424,800 | -12.9% |
| Total Tax 2026 = estimate |
~$61,067
Estimated
|
~$70,088
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $3,388,840 | $2,984,000 | -404,840 (-11.9%) |
| Taxable Value | $3,388,840 | $2,984,000 | -404,840 (-11.9%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,984,000 | $1,245,642 | $1,738,358 | — | $2,984,000 | $2,984,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $3,478,020 | $1,245,642 | $2,232,378 | −$53,220 | $3,424,800 | $3,424,800 | ~$70,088 | Partial |
| 2024 | $2,510,460 | — | — | −$1,264,818 | $1,245,642 | $— | $56,684 | Verified |
| 2023 | $2,231,520 | — | — | −$985,878 | $1,245,642 | $— | $45,420 | Verified |
| 2022 | $2,096,170 | — | — | −$850,528 | $1,245,642 | $— | $44,071 | Verified |
| 2021 | $1,950,000 | — | — | −$1,617,829 | $332,171 | $— | $45,627 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -2.6% | -1.0% | ~100% | Not available | Partial |
| 2025 | +16.9% | +15.1% | 98.5% | Not available | Partial |
| 2024 | +18.5% | +18.5% | ~100% | 1.9100% | Verified |
| 2023 | +12.5% | +12.5% | ~100% | 1.8100% | Verified |
| 2022 | +6.5% | +6.5% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.3400% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +65.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -14.2% | +10.2% | +19.4% | +38.5% | 2025 | -14.2% | 2026 |
| Assessment Ratio | 100.0% | 63.4% | — | 100.0% | 2026 | 17.0% | 2021 |
| Effective Tax Rate (2025) | 2.0200% | 2.0200% | — | 2.0200% | 2025 | 2.0200% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$70,088 | $52,378 | ~$89,361 | $70,088 | 2025 | $44,071 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$4,019,356 | ~$3,767,280 | ~2.0139% | ~$75,871 | +15.6% |
| 2027 | ~$4,644,947 | ~$4,144,008 | ~1.9814% | ~$82,109 | +33.6% |
| 2028 | ~$5,367,909 | ~$4,558,409 | ~1.9488% | ~$88,836 | +54.3% |
| 2029 | ~$6,203,396 | ~$5,014,250 | ~1.9163% | ~$96,088 | +78.4% |
| 2030 | ~$7,168,923 | ~$5,515,675 | ~1.8837% | ~$103,901 | +106.1% |
| 2026 | ~$3,949,795 | ~$3,767,280 | ~2.0465% | ~$77,097 | +13.6% |
| 2027 | ~$4,485,564 | ~$4,144,008 | ~2.0465% | ~$84,807 | +29.0% |
| 2028 | ~$5,094,008 | ~$4,558,409 | ~2.0465% | ~$93,287 | +46.5% |
| 2029 | ~$5,784,984 | ~$5,014,250 | ~2.0465% | ~$102,616 | +66.3% |
| 2030 | ~$6,569,686 | ~$5,515,675 | ~2.0465% | ~$112,877 | +88.9% |
| 2026 | ~$4,088,916 | ~$3,767,280 | ~1.9977% | ~$75,258 | +17.6% |
| 2027 | ~$4,807,113 | ~$4,144,008 | ~1.9488% | ~$80,760 | +38.2% |
| 2028 | ~$5,651,457 | ~$4,558,409 | ~1.9000% | ~$86,611 | +62.5% |
| 2029 | ~$6,644,106 | ~$5,014,250 | ~1.8512% | ~$92,823 | +91.0% |
| 2030 | ~$7,811,109 | ~$5,515,675 | ~1.8024% | ~$99,413 | +124.6% |
In 2025, this property's market value of $3,478,020 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 7× 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 | $3,478,020 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $2,510,460 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $2,231,520 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $2,096,170 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $1,950,000 | $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.