7211 NORTHEAST DR TX 78723
| Owner | 7211 NORTHEAST DRIVE LLC |
|---|---|
| Parcel ID | 0226220423 |
| Short ID | 226838 |
| Type | Real |
| Use Code | 07 Apartment 50–100 Units |
| Valuation | Income |
| Improvement SF | 40,662 SF |
| Land SF | 102,671 SF |
| Acres | 2.357 |
| Year Built | 1972 |
| Legal | LOT 2 LESS N23.26FT AV RONS & JACKS ADDN |
| Neighborhood | 08NE |
| Land | $924,039 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $924,039 |
| Improvement | $1,785,602 |
|---|---|
| Total Improvement | $1,785,602 |
| Market | $2,709,641 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,709,641 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $2,709,641 |
| Taxable Value | $2,709,641 |
|---|
Appreciation: Market value has fallen -41.6% from $4,639,277 (2021) to $2,709,641 (2025), a CAGR of -12.6% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2022→2023), 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 lagged 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 $55,452. 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 34% of market value ($924,039 land vs $1,785,602 improvements), about $9/SF of land. Most value sits in the improvements, so building condition, age (~54 yrs), and rent roll drive the underwriting.
Submarket Position: At $2,709,641, 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 -12.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,383,530 by 2030, with an estimated annual tax burden around $26,062. 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.
19 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| SO | Sketch Only | 67,852 SF | ✗ |
| 551 | PAVED AREA | 22,320 SF | ✗ |
| 1ST | 1st Floor | 19,519 SF | ✓ |
| 2ND | 2nd Floor | 19,195 SF | ✓ |
| 011C | PORCH OPEN 1ST COMM | 2,804 SF | ✗ |
| 3RD | 3rd Floor | 1,948 SF | ✓ |
| 601 | POOL COMM'L | 502 SF | ✗ |
| 012C | PORCH OPEN 2 COMM | 494 SF | ✗ |
| 581C | STORAGE ATT COMM | 370 SF | ✓ |
| 571C | STORAGE DET COMM | 288 SF | ✓ |
| MISC | Miscellaneous | 8 SF | ✓ |
| 132 | PLBG 5-FIXT AVG | 1 SF | ✓ |
| 142 | BATHTUB AVG | 1 SF | ✓ |
| 152 | COMMODE AVG | 1 SF | ✓ |
| 162 | LAVATORY AVG | 1 SF | ✓ |
| 192 | WATER HTR AVG | 1 SF | ✓ |
| 269 | OBS RANGE DRP-IN | 1 SF | ✓ |
| 299 | ALL FLAT VALUE | 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% | $25,069.60 | $25,069.60 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $14,198.98 | $14,198.98 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $10,184.05 | $10,184.05 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $3,198.00 | $3,198.00 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,801.77 | $2,801.77 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $55,452.40 | $55,452.40 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,719,489 | $2,709,641 | +0.4% |
| Assessed Value | $2,719,489 | $2,709,641 | +0.4% |
| Land Value | $924,039 | $924,039 | +0.0% |
| Improvement Value | $1,795,450 | $1,785,602 | +0.6% |
| Taxable Value | $2,719,489 | $2,709,641 | +0.4% |
| Total Tax 2026 = estimate |
~$55,654
Estimated
|
~$55,452
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $2,719,489 | $2,719,489 | +0 (+0.0%) |
| Taxable Value | $2,719,489 | $2,719,489 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,719,489 | $924,039 | $1,795,450 | — | $2,719,489 | $2,719,489 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $2,709,641 | $924,039 | $1,785,602 | — | $2,709,641 | $2,709,641 | ~$55,452 | Partial |
| 2024 | $3,950,000 | — | — | −$3,025,961 | $924,039 | $— | $59,454 | Verified |
| 2023 | $3,457,477 | — | — | −$2,533,438 | $924,039 | $— | $71,465 | Verified |
| 2022 | $4,736,996 | — | — | −$3,997,765 | $739,231 | $— | $68,283 | Verified |
| 2021 | $4,639,277 | — | — | −$3,900,046 | $739,231 | $— | $103,109 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.4% | +0.4% | ~100% | Not available | Partial |
| 2025 | -22.4% | -22.4% | ~100% | Not available | Partial |
| 2024 | -13.9% | -13.9% | ~100% | 1.7000% | Verified |
| 2023 | +17.3% | +17.3% | ~100% | 1.7600% | Verified |
| 2022 | -27.0% | -27.0% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.2200% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -42.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.4% | -8.3% | -12.6% | +14.2% | 2024 | -31.4% | 2025 |
| Assessment Ratio | 100.0% | 46.9% | — | 100.0% | 2025 | 15.6% | 2022 |
| 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 |
$55,452 | $71,553 | ~$36,081 | $103,109 | 2021 | $55,452 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,368,793 | ~$2,368,793 | ~2.0139% | ~$47,706 | -12.6% |
| 2027 | ~$2,070,821 | ~$2,070,821 | ~1.9814% | ~$41,031 | -23.6% |
| 2028 | ~$1,810,330 | ~$1,810,330 | ~1.9488% | ~$35,280 | -33.2% |
| 2029 | ~$1,582,607 | ~$1,582,607 | ~1.9163% | ~$30,327 | -41.6% |
| 2030 | ~$1,383,530 | ~$1,383,530 | ~1.8837% | ~$26,062 | -48.9% |
| 2026 | ~$2,574,159 | ~$2,574,159 | ~2.0465% | ~$52,680 | -5.0% |
| 2027 | ~$2,445,451 | ~$2,445,451 | ~2.0465% | ~$50,046 | -9.8% |
| 2028 | ~$2,323,178 | ~$2,323,178 | ~2.0465% | ~$47,543 | -14.3% |
| 2029 | ~$2,207,020 | ~$2,207,020 | ~2.0465% | ~$45,166 | -18.5% |
| 2030 | ~$2,096,669 | ~$2,096,669 | ~2.0465% | ~$42,908 | -22.6% |
| 2026 | ~$2,422,986 | ~$2,422,986 | ~1.9977% | ~$48,403 | -10.6% |
| 2027 | ~$2,166,656 | ~$2,166,656 | ~1.9488% | ~$42,225 | -20.0% |
| 2028 | ~$1,937,444 | ~$1,937,444 | ~1.9000% | ~$36,812 | -28.5% |
| 2029 | ~$1,732,480 | ~$1,732,480 | ~1.8512% | ~$32,072 | -36.1% |
| 2030 | ~$1,549,200 | ~$1,549,200 | ~1.8024% | ~$27,922 | -42.8% |
In 2025, this property's market value of $2,709,641 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 5× 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 | $2,709,641 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $3,950,000 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $3,457,477 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $4,736,996 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $4,639,277 | $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.