5609 WOODROW AVE TX 78756
| Owner | SPEARHEAD BRENTWOOD LLC |
|---|---|
| Parcel ID | 0228060814 |
| Short ID | 228850 |
| Type | Real |
| Use Code | 05 Apartment 5–25 Units |
| Valuation | Income |
| Improvement SF | 5,568 SF |
| Land SF | 13,934 SF |
| Acres | 0.320 |
| Year Built | 1968 |
| Legal | LOT 3 BLK 15 *LESS W 15FT BROADACRES |
| Neighborhood | 05NC |
| Land | $696,700 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $696,700 |
| Improvement | $723,140 |
|---|---|
| Total Improvement | $723,140 |
| Market | $1,419,840 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,419,840 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,419,840 |
| Taxable Value | $1,419,840 |
|---|
Appreciation: Market value has risen +50.0% from $946,560 (2021) to $1,419,840 (2025), a CAGR of 10.7% 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 $29,057. 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 49% of market value ($696,700 land vs $723,140 improvements), about $50/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $1,419,840, 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 +10.7% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,356,967 by 2030, with an estimated annual tax burden around $43,075. 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 |
|---|---|---|---|
| 551 | PAVED AREA | 6,500 SF | ✗ |
| 1ST | 1st Floor | 2,784 SF | ✓ |
| 2ND | 2nd Floor | 2,784 SF | ✓ |
| 591 | MASONRY TRIM SF | 1,400 SF | ✗ |
| 011C | PORCH OPEN 1ST COMM | 435 SF | ✗ |
| 012C | PORCH OPEN 2 COMM | 435 SF | ✗ |
| 132 | PLBG 5-FIXT AVG | 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% | $13,136.36 | $13,136.36 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $7,440.20 | $7,440.20 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $5,336.40 | $5,336.40 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,675.74 | $1,675.74 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,468.11 | $1,468.11 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $29,056.81 | $29,056.81 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,419,840 | $1,419,840 | +0.0% |
| Assessed Value | $1,419,840 | $1,419,840 | +0.0% |
| Land Value | $696,700 | $696,700 | +0.0% |
| Improvement Value | $723,140 | $723,140 | +0.0% |
| Taxable Value | $1,419,840 | $1,419,840 | +0.0% |
| Total Tax 2026 = estimate |
~$29,057
Estimated
|
~$29,057
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,419,840 | $1,419,840 | +0 (+0.0%) |
| Taxable Value | $1,419,840 | $1,419,840 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,419,840 | $696,700 | $723,140 | — | $1,419,840 | $1,419,840 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,419,840 | $696,700 | $723,140 | — | $1,419,840 | $1,419,840 | ~$29,057 | Partial |
| 2024 | $1,169,280 | — | — | −$472,580 | $696,700 | $— | $24,276 | Verified |
| 2023 | $1,085,760 | — | — | −$389,060 | $696,700 | $— | $21,155 | Verified |
| 2022 | $974,400 | — | — | −$277,700 | $696,700 | $— | $21,443 | Verified |
| 2021 | $946,560 | — | — | −$249,860 | $696,700 | $— | $21,210 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2025 | +15.9% | +15.9% | ~100% | Not available | Partial |
| 2024 | +4.8% | +4.8% | ~100% | 1.9800% | Verified |
| 2023 | +5.0% | +5.0% | ~100% | 1.8100% | Verified |
| 2022 | +11.1% | +11.1% | ~100% | 1.9300% | Verified |
| 2021 | base year | — | ~100% | 2.2400% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +41.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +8.7% | +10.7% | +21.4% | 2025 | +0.0% | 2026 |
| Assessment Ratio | 100.0% | 78.1% | — | 100.0% | 2025 | 59.6% | 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 |
$29,057 | $23,428 | ~$37,047 | $29,057 | 2025 | $21,155 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,571,311 | ~$1,561,824 | ~2.0139% | ~$31,454 | +10.7% |
| 2027 | ~$1,738,942 | ~$1,718,006 | ~1.9814% | ~$34,040 | +22.5% |
| 2028 | ~$1,924,455 | ~$1,889,807 | ~1.9488% | ~$36,829 | +35.5% |
| 2029 | ~$2,129,760 | ~$2,078,788 | ~1.9163% | ~$39,836 | +50.0% |
| 2030 | ~$2,356,967 | ~$2,286,667 | ~1.8837% | ~$43,075 | +66.0% |
| 2026 | ~$1,542,914 | ~$1,542,914 | ~2.0465% | ~$31,576 | +8.7% |
| 2027 | ~$1,676,657 | ~$1,676,657 | ~2.0465% | ~$34,313 | +18.1% |
| 2028 | ~$1,821,993 | ~$1,821,993 | ~2.0465% | ~$37,287 | +28.3% |
| 2029 | ~$1,979,927 | ~$1,979,927 | ~2.0465% | ~$40,519 | +39.4% |
| 2030 | ~$2,151,551 | ~$2,151,551 | ~2.0465% | ~$44,031 | +51.5% |
| 2026 | ~$1,599,708 | ~$1,561,824 | ~1.9977% | ~$31,200 | +12.7% |
| 2027 | ~$1,802,362 | ~$1,718,006 | ~1.9488% | ~$33,481 | +26.9% |
| 2028 | ~$2,030,689 | ~$1,889,807 | ~1.9000% | ~$35,907 | +43.0% |
| 2029 | ~$2,287,940 | ~$2,078,788 | ~1.8512% | ~$38,482 | +61.1% |
| 2030 | ~$2,577,781 | ~$2,286,667 | ~1.8024% | ~$41,214 | +81.6% |
In 2025, this property's market value of $1,419,840 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — +173% 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 | $1,419,840 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $1,169,280 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $1,085,760 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $974,400 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $946,560 | $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.