6505 SHIRLEY AVE TX 78752
| Owner | TEXCEL CROCKETT LP LLC |
|---|---|
| Parcel ID | 0229080468 |
| Short ID | 230069 |
| Type | Real |
| Use Code | 06 Apartment 26–49 Units |
| Valuation | Income |
| Improvement SF | 22,319 SF |
| Land SF | 52,638 SF |
| Acres | 1.208 |
| Year Built | 1986 |
| Legal | LOT A GRAY EDWIN H ADDN |
| Neighborhood | 06NC2 |
| Land | $2,105,520 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,105,520 |
| Improvement | $3,501,347 |
|---|---|
| Total Improvement | $3,501,347 |
| Market | $5,606,867 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $5,606,867 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $5,606,867 |
| Taxable Value | $5,606,867 |
|---|
Appreciation: Market value has risen +33.5% from $4,198,850 (2021) to $5,606,867 (2025), a CAGR of 7.5% over 4 years. This represents moderate, steady growth. 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 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 $114,744. 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 38% of market value ($2,105,520 land vs $3,501,347 improvements), about $40/SF of land. Most value sits in the improvements, so building condition, age (~40 yrs), and rent roll drive the underwriting.
Submarket Position: At $5,606,867, 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 +7.5% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $8,048,364 by 2030, with an estimated annual tax burden around $151,610. 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.
18 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 591 | MASONRY TRIM SF | 26,136 SF | ✗ |
| 551 | PAVED AREA | 14,400 SF | ✗ |
| 1ST | 1st Floor | 10,184 SF | ✓ |
| 2ND | 2nd Floor | 7,027 SF | ✓ |
| 3RD | 3rd Floor | 5,108 SF | ✓ |
| SO | Sketch Only | 4,806 SF | ✗ |
| 011C | PORCH OPEN 1ST COMM | 1,798 SF | ✗ |
| 012C | PORCH OPEN 2 COMM | 1,630 SF | ✗ |
| 013C | PORCH OPEN 3 COMM | 640 SF | ✗ |
| 541 | FENCE COMM LF | 500 SF | ✗ |
| 581C | STORAGE ATT COMM | 400 SF | ✓ |
| 611 | TERRACE | 338 SF | ✗ |
| 601 | POOL COMM'L | 315 SF | ✗ |
| 132 | PLBG 5-FIXT AVG | 1 SF | ✓ |
| 242 | OBS OVEN/BURN | 1 SF | ✓ |
| 413 | STAIRWAY EXT | 1 SF | ✓ |
| 482 | LIGHT POLES | 1 SF | ✓ |
| 539 | FENCE FV | 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% | $48,979.51 | $48,979.51 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $27,741.13 | $27,741.13 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $19,897.00 | $19,897.00 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $6,248.06 | $6,248.06 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $5,473.93 | $5,473.93 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $108,339.63 | $108,339.63 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $5,371,856 | $5,606,867 | -4.2% |
| Assessed Value | $5,371,856 | $5,606,867 | -4.2% |
| Land Value | $2,105,520 | $2,105,520 | +0.0% |
| Improvement Value | $3,266,336 | $3,501,347 | -6.7% |
| Taxable Value | $5,371,856 | $5,606,867 | -4.2% |
| Total Tax 2026 = estimate |
~$109,934
Estimated
|
~$108,340
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $5,579,750 | $5,371,856 | -207,894 (-3.7%) |
| Taxable Value | $5,579,750 | $5,371,856 | -207,894 (-3.7%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $5,371,856 | $2,105,520 | $3,266,336 | — | $5,371,856 | $5,371,856 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $5,606,867 | $2,105,520 | $3,501,347 | — | $5,606,867 | $5,606,867 | ~$108,340 | Partial |
| 2024 | $4,646,900 | — | — | −$2,541,380 | $2,105,520 | $— | $92,224 | Verified |
| 2023 | $4,588,078 | — | — | −$2,482,558 | $2,105,520 | $— | $84,444 | Verified |
| 2022 | $4,093,977 | — | — | −$1,988,457 | $2,105,520 | $— | $90,611 | Verified |
| 2021 | $4,198,850 | — | — | −$2,093,330 | $2,105,520 | $— | $89,507 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -0.5% | -0.5% | ~100% | Not available | Partial |
| 2025 | +20.5% | +20.5% | ~100% | Not available | Partial |
| 2024 | -7.3% | -7.3% | ~100% | 1.9800% | Verified |
| 2023 | +9.5% | +9.5% | ~100% | 1.6800% | Verified |
| 2022 | +2.6% | +2.6% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1300% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +25.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -4.2% | +5.5% | +8.4% | +20.7% | 2025 | -4.2% | 2026 |
| Assessment Ratio | 100.0% | 65.5% | — | 100.0% | 2025 | 45.3% | 2024 |
| Effective Tax Rate (2025) | 1.9300% | 1.9300% | — | 1.9300% | 2025 | 1.9300% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$108,340 | $93,025 | ~$136,116 | $108,340 | 2025 | $84,444 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$6,027,229 | ~$6,027,229 | ~2.0139% | ~$121,385 | +7.5% |
| 2027 | ~$6,479,108 | ~$6,479,108 | ~1.9814% | ~$128,376 | +15.6% |
| 2028 | ~$6,964,865 | ~$6,964,865 | ~1.9488% | ~$135,734 | +24.2% |
| 2029 | ~$7,487,040 | ~$7,487,040 | ~1.9163% | ~$143,473 | +33.5% |
| 2030 | ~$8,048,364 | ~$8,048,364 | ~1.8837% | ~$151,610 | +43.5% |
| 2026 | ~$5,915,092 | ~$5,915,092 | ~2.0465% | ~$121,051 | +5.5% |
| 2027 | ~$6,240,261 | ~$6,240,261 | ~2.0465% | ~$127,706 | +11.3% |
| 2028 | ~$6,583,306 | ~$6,583,306 | ~2.0465% | ~$134,726 | +17.4% |
| 2029 | ~$6,945,209 | ~$6,945,209 | ~2.0465% | ~$142,133 | +23.9% |
| 2030 | ~$7,327,006 | ~$7,327,006 | ~2.0465% | ~$149,946 | +30.7% |
| 2026 | ~$6,139,367 | ~$6,139,367 | ~1.9977% | ~$122,644 | +9.5% |
| 2027 | ~$6,722,440 | ~$6,722,440 | ~1.9488% | ~$131,010 | +19.9% |
| 2028 | ~$7,360,889 | ~$7,360,889 | ~1.9000% | ~$139,858 | +31.3% |
| 2029 | ~$8,059,973 | ~$8,059,973 | ~1.8512% | ~$149,206 | +43.8% |
| 2030 | ~$8,825,451 | ~$8,825,451 | ~1.8024% | ~$159,067 | +57.4% |
In 2025, this property's market value of $5,606,867 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 11× 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 | $5,606,867 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $4,646,900 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $4,588,078 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $4,093,977 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $4,198,850 | $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.