5624 WOODROW AVE TX 78756
| Owner | GLASGOW KEN WALLACE & DOUGLAS KAYLOR |
|---|---|
| Parcel ID | 0228060722 |
| Short ID | 228829 |
| Type | Real |
| Use Code | 05 Apartment 5–25 Units |
| Valuation | Income |
| Improvement SF | 3,232 SF |
| Land SF | 6,250 SF |
| Acres | 0.143 |
| Year Built | 1983 |
| Legal | N 50X125FT OF LOT 15 BLK 12 BROADACRES |
| Neighborhood | 05NC |
| Land | $312,500 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $312,500 |
| Improvement | $543,980 |
|---|---|
| Total Improvement | $543,980 |
| Market | $856,480 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $856,480 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $856,480 |
| Taxable Value | $856,480 |
|---|
Appreciation: Market value has risen +47.2% from $581,760 (2021) to $856,480 (2025), a CAGR of 10.2% 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 $17,528. 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 36% of market value ($312,500 land vs $543,980 improvements), about $50/SF of land. Most value sits in the improvements, so building condition, age (~43 yrs), and rent roll drive the underwriting.
Submarket Position: At $856,480, 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 +10.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,388,941 by 2030, with an estimated annual tax burden around $25,984. 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.
15 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 1,616 SF | ✓ |
| 2ND | 2nd Floor | 1,616 SF | ✓ |
| 551 | PAVED AREA | 1,440 SF | ✗ |
| 511 | DECK | 225 SF | ✗ |
| 591 | MASONRY TRIM SF | 140 SF | ✗ |
| 611 | TERRACE | 104 SF | ✗ |
| SO | Sketch Only | 104 SF | ✗ |
| 521 | FIREPLACE | 2 SF | ✓ |
| 132 | PLBG 5-FIXT AVG | 1 SF | ✓ |
| 142 | BATHTUB AVG | 1 SF | ✓ |
| 162 | LAVATORY AVG | 1 SF | ✓ |
| 242 | OBS OVEN/BURN | 1 SF | ✓ |
| 413 | STAIRWAY EXT | 1 SF | ✓ |
| 531 | OBS FENCE | 1 SF | ✗ |
| 152 | COMMODE 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% | $7,924.15 | $7,924.15 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $4,488.10 | $4,488.10 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,219.04 | $3,219.04 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,010.84 | $1,010.84 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $885.60 | $885.60 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $17,527.73 | $17,527.73 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $856,480 | $856,480 | +0.0% |
| Assessed Value | $856,480 | $856,480 | +0.0% |
| Land Value | $312,500 | $312,500 | +0.0% |
| Improvement Value | $543,980 | $543,980 | +0.0% |
| Taxable Value | $856,480 | $856,480 | +0.0% |
| Total Tax 2026 = estimate |
~$17,528
Estimated
|
~$17,528
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $856,480 | $856,480 | +0 (+0.0%) |
| Taxable Value | $856,480 | $856,480 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $856,480 | $312,500 | $543,980 | — | $856,480 | $856,480 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $856,480 | $312,500 | $543,980 | — | $856,480 | $856,480 | ~$17,528 | Partial |
| 2024 | $727,200 | — | — | −$414,700 | $312,500 | $— | $14,732 | Verified |
| 2023 | $678,720 | — | — | −$366,220 | $312,500 | $— | $13,157 | Verified |
| 2022 | $614,080 | — | — | −$301,580 | $312,500 | $— | $13,404 | Verified |
| 2021 | $581,760 | — | — | −$269,260 | $312,500 | $— | $13,367 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2025 | +15.2% | +15.2% | ~100% | Not available | Partial |
| 2024 | +2.2% | +2.2% | ~100% | 1.9800% | Verified |
| 2023 | +7.1% | +7.1% | ~100% | 1.8100% | Verified |
| 2022 | +10.5% | +10.5% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.3000% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +39.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +8.2% | +10.2% | +17.8% | 2025 | +0.0% | 2026 |
| Assessment Ratio | 100.0% | 65.6% | — | 100.0% | 2025 | 43.0% | 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 |
$17,528 | $14,437 | ~$22,348 | $17,528 | 2025 | $13,157 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$943,432 | ~$942,128 | ~2.0139% | ~$18,974 | +10.2% |
| 2027 | ~$1,039,211 | ~$1,036,341 | ~1.9814% | ~$20,534 | +21.3% |
| 2028 | ~$1,144,715 | ~$1,139,975 | ~1.9488% | ~$22,216 | +33.7% |
| 2029 | ~$1,260,929 | ~$1,253,972 | ~1.9163% | ~$24,030 | +47.2% |
| 2030 | ~$1,388,941 | ~$1,379,370 | ~1.8837% | ~$25,984 | +62.2% |
| 2026 | ~$926,302 | ~$926,302 | ~2.0465% | ~$18,957 | +8.2% |
| 2027 | ~$1,001,817 | ~$1,001,817 | ~2.0465% | ~$20,502 | +17.0% |
| 2028 | ~$1,083,487 | ~$1,083,487 | ~2.0465% | ~$22,173 | +26.5% |
| 2029 | ~$1,171,816 | ~$1,171,816 | ~2.0465% | ~$23,981 | +36.8% |
| 2030 | ~$1,267,345 | ~$1,267,345 | ~2.0465% | ~$25,936 | +48.0% |
| 2026 | ~$960,562 | ~$942,128 | ~1.9977% | ~$18,821 | +12.2% |
| 2027 | ~$1,077,291 | ~$1,036,341 | ~1.9488% | ~$20,197 | +25.8% |
| 2028 | ~$1,208,206 | ~$1,139,975 | ~1.9000% | ~$21,660 | +41.1% |
| 2029 | ~$1,355,030 | ~$1,253,972 | ~1.8512% | ~$23,213 | +58.2% |
| 2030 | ~$1,519,697 | ~$1,379,370 | ~1.8024% | ~$24,861 | +77.4% |
In 2025, this property's market value of $856,480 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — +65% 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 | $856,480 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $727,200 | $467,458 | $564,615 | $848,565 | ↑ Above median | -6.3% |
| 2023 | $678,720 | $503,905 | $617,035 | $919,932 | ↑ Above median | +0.9% |
| 2022 | $614,080 | $506,618 | $615,058 | $906,429 | ↓ Below median | +39.1% |
| 2021 | $581,760 | $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.