7201 EAST CREST DR TX 78752
| Owner | PARMER HOUSING LLC |
|---|---|
| Parcel ID | 0231140810 |
| Short ID | 232671 |
| Type | Real |
| Use Code | 02 Duplex |
| Valuation | Cost |
| Improvement SF | 1,564 SF |
| Land SF | 11,123 SF |
| Acres | 0.255 |
| Year Built | 1959 |
| Legal | LOT 10 BLK E BILLS ADDN SEC 1 |
| Neighborhood | Y7005 |
| Land | $391,229 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $391,229 |
| Improvement | $61,946 |
|---|---|
| Total Improvement | $61,946 |
| Market | $453,175 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $453,175 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $453,175 |
| Taxable Value | $453,175 |
|---|
Appreciation: Market value has risen +19.6% from $379,065 (2021) to $453,175 (2025), a CAGR of 4.6% over 4 years. This represents moderate, steady growth. Most of this growth came in a single year (2022→2023), 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 $9,274. 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 cost approach, tied more to replacement cost and physical condition than to income performance.
Value Composition: Land carries 86% of market value ($391,229 land vs $61,946 improvements), about $35/SF of land. With value concentrated in the land under a ~67-year-old structure, this reads as a land-dominated asset — the classic higher-and-best-use / redevelopment signal. Underwrite the dirt, not the building.
Submarket Position: At $453,175, this parcel sits in the lower-middle (25th–50th 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 +4.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $566,508 by 2030, with an estimated annual tax burden around $10,672. 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.
6 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 1,564 SF | ✓ |
| 095 | HVAC RESIDENTIAL | 1,564 SF | ✗ |
| 051 | CARPORT DET 1ST | 572 SF | ✗ |
| 011 | PORCH OPEN 1ST F | 368 SF | ✗ |
| 581 | STORAGE ATT | 112 SF | ✓ |
| 251 | BATHROOM | 2 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% | $3,965.53 | $3,965.53 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $2,246.00 | $2,246.00 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,610.92 | $1,610.92 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $505.86 | $505.86 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $443.19 | $443.19 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $8,771.50 | $8,771.50 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $309,769 | $453,175 | -31.6% |
| Assessed Value | $309,769 | $453,175 | -31.6% |
| Land Value | $260,819 | $391,229 | -33.3% |
| Improvement Value | $48,950 | $61,946 | -21.0% |
| Taxable Value | $309,769 | $453,175 | -31.6% |
| Total Tax 2026 = estimate |
~$6,339
Estimated
|
~$8,772
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $309,769 | $309,769 | +0 (+0.0%) |
| Taxable Value | $309,769 | $309,769 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $309,769 | $260,819 | $48,950 | — | $309,769 | $309,769 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $453,175 | $391,229 | $61,946 | — | $453,175 | $453,175 | ~$8,772 | Partial |
| 2024 | $456,128 | — | — | −$96,128 | $360,000 | $— | $8,981 | Verified |
| 2023 | $553,595 | — | — | −$193,595 | $360,000 | $— | $8,252 | Verified |
| 2022 | $402,567 | — | — | −$42,567 | $360,000 | $— | $10,933 | Verified |
| 2021 | $379,065 | — | — | −$139,065 | $240,000 | $— | $8,763 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -31.6% | -31.6% | ~100% | Not available | Partial |
| 2025 | -0.0% | -0.0% | ~100% | Not available | Partial |
| 2024 | -26.6% | -26.6% | ~100% | 1.9800% | Verified |
| 2023 | +0.3% | +0.3% | ~100% | 1.3400% | Verified |
| 2022 | +52.8% | +52.8% | ~100% | 1.7800% | Verified |
| 2021 | base year | — | ~100% | 2.3100% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +12.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -31.6% | -1.2% | +14.2% | +37.5% | 2023 | -31.6% | 2026 |
| Assessment Ratio | 100.0% | 82.8% | — | 100.0% | 2025 | 63.3% | 2021 |
| Effective Tax Rate (2025) | 1.9400% | 1.9400% | — | 1.9400% | 2025 | 1.9400% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$8,772 | $9,140 | ~$10,102 | $10,933 | 2022 | $8,252 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$473,864 | ~$473,864 | ~2.0139% | ~$9,543 | +4.6% |
| 2027 | ~$495,498 | ~$495,498 | ~1.9814% | ~$9,818 | +9.3% |
| 2028 | ~$518,120 | ~$518,120 | ~1.9488% | ~$10,097 | +14.3% |
| 2029 | ~$541,774 | ~$541,774 | ~1.9163% | ~$10,382 | +19.6% |
| 2030 | ~$566,508 | ~$566,508 | ~1.8837% | ~$10,672 | +25.0% |
| 2026 | ~$464,801 | ~$464,801 | ~2.0465% | ~$9,512 | +2.6% |
| 2027 | ~$476,725 | ~$476,725 | ~2.0465% | ~$9,756 | +5.2% |
| 2028 | ~$488,955 | ~$488,955 | ~2.0465% | ~$10,006 | +7.9% |
| 2029 | ~$501,499 | ~$501,499 | ~2.0465% | ~$10,263 | +10.7% |
| 2030 | ~$514,364 | ~$514,364 | ~2.0465% | ~$10,526 | +13.5% |
| 2026 | ~$482,928 | ~$482,928 | ~1.9977% | ~$9,647 | +6.6% |
| 2027 | ~$514,634 | ~$514,634 | ~1.9488% | ~$10,029 | +13.6% |
| 2028 | ~$548,422 | ~$548,422 | ~1.9000% | ~$10,420 | +21.0% |
| 2029 | ~$584,428 | ~$584,428 | ~1.8512% | ~$10,819 | +29.0% |
| 2030 | ~$622,798 | ~$622,798 | ~1.8024% | ~$11,225 | +37.4% |
In 2025, this property's market value of $453,175 places it in the 25th–50th percentile for Multi-Family properties in Travis County (12584 comparable) — -13% below 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 | $453,175 | $438,669 | $519,778 | $749,859 | ↓ Below median | -7.5% |
| 2024 | $456,128 | $467,458 | $564,615 | $848,565 | ↓ Bottom 25% | -6.3% |
| 2023 | $553,595 | $503,905 | $617,035 | $919,932 | ↓ Below median | +0.9% |
| 2022 | $402,567 | $506,618 | $615,058 | $906,429 | ↓ Bottom 25% | +39.1% |
| 2021 | $379,065 | $300,453 | $376,850 | $539,896 | ↑ Above median | 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.