5607 SUNSHINE DR 103 TX 78756
| Owner | 5607 SUNSHINE LLC & BLUE COW 30TH LLC |
|---|---|
| Parcel ID | 0228070418 |
| Short ID | 228897 |
| Type | Real |
| Use Code | 06 Apartment 26–49 Units |
| Valuation | Income |
| Improvement SF | 17,980 SF |
| Land SF | 43,379 SF |
| Acres | 0.996 |
| Year Built | 1968 |
| Legal | LOT A JOHNSON EVELYN ADDN |
| Neighborhood | 06NC |
| Land | $2,082,192 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,082,192 |
| Improvement | $2,417,808 |
|---|---|
| Total Improvement | $2,417,808 |
| Market | $4,500,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $4,500,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $4,500,000 |
| Taxable Value | $4,500,000 |
|---|
Appreciation: Market value has risen +47.2% from $3,056,600 (2021) to $4,500,000 (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 $92,092. 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 46% of market value ($2,082,192 land vs $2,417,808 improvements), about $48/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $4,500,000, 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 +10.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $7,297,597 by 2030, with an estimated annual tax burden around $136,520. 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 | 20,300 SF | ✗ |
| 1ST | 1st Floor | 14,326 SF | ✓ |
| 2ND | 2nd Floor | 3,654 SF | ✓ |
| 011C | PORCH OPEN 1ST COMM | 2,216 SF | ✗ |
| 012C | PORCH OPEN 2 COMM | 504 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% | $41,634.00 | $41,634.00 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $23,580.77 | $23,580.77 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $16,913.03 | $16,913.03 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $5,311.04 | $5,311.04 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $4,653.00 | $4,653.00 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $92,091.84 | $92,091.84 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $4,500,000 | $4,500,000 | +0.0% |
| Assessed Value | $4,500,000 | $4,500,000 | +0.0% |
| Land Value | $2,082,192 | $2,082,192 | +0.0% |
| Improvement Value | $2,417,808 | $2,417,808 | +0.0% |
| Taxable Value | $4,500,000 | $4,500,000 | +0.0% |
| Total Tax 2026 = estimate |
~$92,092
Estimated
|
~$92,092
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $4,854,600 | $4,500,000 | -354,600 (-7.3%) |
| Taxable Value | $4,854,600 | $4,500,000 | -354,600 (-7.3%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $4,500,000 | $2,082,192 | $2,417,808 | — | $4,500,000 | $4,500,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $4,500,000 | $2,082,192 | $2,417,808 | — | $4,500,000 | $4,500,000 | ~$92,092 | Partial |
| 2024 | $3,955,600 | — | — | −$1,873,408 | $2,082,192 | $— | $80,231 | Verified |
| 2023 | $3,685,900 | — | — | −$1,603,708 | $2,082,192 | $— | $71,567 | Verified |
| 2022 | $3,056,600 | — | — | −$974,408 | $2,082,192 | $— | $72,794 | Verified |
| 2021 | $3,056,600 | — | — | −$974,408 | $2,082,192 | $— | $66,721 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +7.9% | +7.9% | ~100% | Not available | Partial |
| 2025 | +11.2% | +11.2% | ~100% | Not available | Partial |
| 2024 | +2.3% | +2.3% | ~100% | 1.9800% | Verified |
| 2023 | +7.3% | +7.3% | ~100% | 1.8100% | Verified |
| 2022 | +13.9% | +13.9% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +39.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +8.3% | +10.2% | +20.6% | 2023 | +0.0% | 2022 |
| Assessment Ratio | 100.0% | 74.2% | — | 100.0% | 2025 | 52.6% | 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 |
$92,092 | $76,681 | ~$117,415 | $92,092 | 2025 | $66,721 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$4,956,852 | ~$4,950,000 | ~2.0139% | ~$99,690 | +10.2% |
| 2027 | ~$5,460,086 | ~$5,445,000 | ~1.9814% | ~$107,887 | +21.3% |
| 2028 | ~$6,014,409 | ~$5,989,500 | ~1.9488% | ~$116,726 | +33.7% |
| 2029 | ~$6,625,008 | ~$6,588,450 | ~1.9163% | ~$126,254 | +47.2% |
| 2030 | ~$7,297,597 | ~$7,247,295 | ~1.8837% | ~$136,520 | +62.2% |
| 2026 | ~$4,866,852 | ~$4,866,852 | ~2.0465% | ~$99,599 | +8.2% |
| 2027 | ~$5,263,612 | ~$5,263,612 | ~2.0465% | ~$107,719 | +17.0% |
| 2028 | ~$5,692,716 | ~$5,692,716 | ~2.0465% | ~$116,501 | +26.5% |
| 2029 | ~$6,156,802 | ~$6,156,802 | ~2.0465% | ~$125,998 | +36.8% |
| 2030 | ~$6,658,721 | ~$6,658,721 | ~2.0465% | ~$136,270 | +48.0% |
| 2026 | ~$5,046,852 | ~$4,950,000 | ~1.9977% | ~$98,884 | +12.2% |
| 2027 | ~$5,660,160 | ~$5,445,000 | ~1.9488% | ~$106,114 | +25.8% |
| 2028 | ~$6,347,998 | ~$5,989,500 | ~1.9000% | ~$113,802 | +41.1% |
| 2029 | ~$7,119,424 | ~$6,588,450 | ~1.8512% | ~$121,965 | +58.2% |
| 2030 | ~$7,984,597 | ~$7,247,295 | ~1.8024% | ~$130,623 | +77.4% |
In 2025, this property's market value of $4,500,000 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 9× 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 | $4,500,000 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $3,955,600 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $3,685,900 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $3,056,600 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $3,056,600 | $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.