704 DENSON DR TX 78752
| Owner | DENISON APARTMENTS LLC |
|---|---|
| Parcel ID | 0229080611 |
| Short ID | 230101 |
| Type | Real |
| Use Code | 05 Apartment 5–25 Units |
| Valuation | Income |
| Improvement SF | 4,195 SF |
| Land SF | 7,917 SF |
| Acres | 0.182 |
| Year Built | 1968 |
| Legal | LOT 2 RESUB PART BLK 7 SHERRY DALE |
| Neighborhood | 05NC2 |
| Land | $237,510 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $237,510 |
| Improvement | $790,265 |
|---|---|
| Total Improvement | $790,265 |
| Market | $1,027,775 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,027,775 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,027,775 |
| Taxable Value | $1,027,775 |
|---|
Appreciation: Market value has risen +53.1% from $671,200 (2021) to $1,027,775 (2025), a CAGR of 11.2% 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 $21,033. 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 23% of market value ($237,510 land vs $790,265 improvements), about $30/SF of land. Most value sits in the improvements, so building condition, age (~58 yrs), and rent roll drive the underwriting.
Submarket Position: At $1,027,775, 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 +11.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,750,676 by 2030, with an estimated annual tax burden around $31,180. 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.
10 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 2ND | 2nd Floor | 2,785 SF | ✓ |
| 591 | MASONRY TRIM SF | 1,760 SF | ✗ |
| 1ST | 1st Floor | 1,410 SF | ✓ |
| 487 | PARKING UNDER | 1,375 SF | ✓ |
| 012C | PORCH OPEN 2 COMM | 420 SF | ✗ |
| 011C | PORCH OPEN 1ST COMM | 184 SF | ✗ |
| 581C | STORAGE ATT COMM | 96 SF | ✓ |
| SO | Sketch Only | 24 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% | $9,508.97 | $9,508.97 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $5,385.72 | $5,385.72 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,862.84 | $3,862.84 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,213.01 | $1,213.01 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,062.72 | $1,062.72 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $21,033.26 | $21,033.26 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $985,825 | $1,027,775 | -4.1% |
| Assessed Value | $985,825 | $1,027,775 | -4.1% |
| Land Value | $237,510 | $237,510 | +0.0% |
| Improvement Value | $748,315 | $790,265 | -5.3% |
| Taxable Value | $985,825 | $1,027,775 | -4.1% |
| Total Tax 2026 = estimate |
~$20,175
Estimated
|
~$21,033
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $985,825 | $985,825 | +0 (+0.0%) |
| Taxable Value | $985,825 | $985,825 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $985,825 | $237,510 | $748,315 | — | $985,825 | $985,825 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,027,775 | $237,510 | $790,265 | — | $1,027,775 | $1,027,775 | ~$21,033 | Partial |
| 2024 | $901,925 | — | — | −$664,415 | $237,510 | $— | $18,706 | Verified |
| 2023 | $839,000 | — | — | −$601,490 | $237,510 | $— | $16,318 | Verified |
| 2022 | $776,075 | — | — | −$538,565 | $237,510 | $— | $16,570 | Verified |
| 2021 | $671,200 | — | — | −$433,690 | $237,510 | $— | $16,893 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -4.1% | -4.1% | ~100% | Not available | Partial |
| 2025 | +8.9% | +8.9% | ~100% | Not available | Partial |
| 2024 | +4.7% | +4.7% | ~100% | 1.9800% | Verified |
| 2023 | +7.5% | +7.5% | ~100% | 1.8100% | Verified |
| 2022 | +8.1% | +8.1% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.5200% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +32.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -4.1% | +8.2% | +12.2% | +15.6% | 2022 | -4.1% | 2026 |
| Assessment Ratio | 100.0% | 53.4% | — | 100.0% | 2025 | 26.3% | 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 |
$21,033 | $17,904 | ~$26,817 | $21,033 | 2025 | $16,318 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,143,298 | ~$1,130,552 | ~2.0139% | ~$22,769 | +11.2% |
| 2027 | ~$1,271,807 | ~$1,243,608 | ~1.9814% | ~$24,641 | +23.7% |
| 2028 | ~$1,414,760 | ~$1,367,969 | ~1.9488% | ~$26,660 | +37.7% |
| 2029 | ~$1,573,780 | ~$1,504,765 | ~1.9163% | ~$28,836 | +53.1% |
| 2030 | ~$1,750,676 | ~$1,655,242 | ~1.8837% | ~$31,180 | +70.3% |
| 2026 | ~$1,122,743 | ~$1,122,743 | ~2.0465% | ~$22,977 | +9.2% |
| 2027 | ~$1,226,486 | ~$1,226,486 | ~2.0465% | ~$25,100 | +19.3% |
| 2028 | ~$1,339,815 | ~$1,339,815 | ~2.0465% | ~$27,419 | +30.4% |
| 2029 | ~$1,463,616 | ~$1,463,616 | ~2.0465% | ~$29,953 | +42.4% |
| 2030 | ~$1,598,856 | ~$1,598,856 | ~2.0465% | ~$32,720 | +55.6% |
| 2026 | ~$1,163,854 | ~$1,130,552 | ~1.9977% | ~$22,585 | +13.2% |
| 2027 | ~$1,317,950 | ~$1,243,608 | ~1.9488% | ~$24,236 | +28.2% |
| 2028 | ~$1,492,448 | ~$1,367,969 | ~1.9000% | ~$25,992 | +45.2% |
| 2029 | ~$1,690,050 | ~$1,504,765 | ~1.8512% | ~$27,856 | +64.4% |
| 2030 | ~$1,913,815 | ~$1,655,242 | ~1.8024% | ~$29,834 | +86.2% |
In 2025, this property's market value of $1,027,775 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — +98% 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 | $1,027,775 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $901,925 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $839,000 | $503,905 | $617,035 | $919,932 | ↑ Above median | +0.9% |
| 2022 | $776,075 | $506,618 | $615,058 | $906,429 | ↑ Above median | +39.1% |
| 2021 | $671,200 | $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.