7200 EAST CREST DR TX 78752
| Owner | 7200 EAST CREST DRIVE TRUST |
|---|---|
| Parcel ID | 0232120916 |
| Short ID | 234041 |
| Type | Real |
| Use Code | 02 Duplex |
| Valuation | Cost |
| Improvement SF | 1,612 SF |
| Land SF | 10,238 SF |
| Acres | 0.235 |
| Year Built | 1959 |
| Legal | LOT 16 BLK C BILLS ADDN SEC 1 |
| Neighborhood | Y7005 |
| Land | $378,575 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $378,575 |
| Improvement | $58,247 |
|---|---|
| Total Improvement | $58,247 |
| Market | $436,822 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $436,822 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $436,822 |
| Taxable Value | $436,822 |
|---|
Appreciation: Market value has risen +17.3% from $372,400 (2021) to $436,822 (2025), a CAGR of 4.1% 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 $8,939. 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 87% of market value ($378,575 land vs $58,247 improvements), about $37/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 $436,822, this parcel sits in the bottom quartile (<25th 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 +4.1% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $533,240 by 2030, with an estimated annual tax burden around $10,045. 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.
5 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 1,612 SF | ✓ |
| 612 | TERRACE UNCOVERD | 420 SF | ✗ |
| 051 | CARPORT DET 1ST | 360 SF | ✗ |
| 581 | STORAGE ATT | 144 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% | $3,822.43 | $3,822.43 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $2,164.96 | $2,164.96 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,552.79 | $1,552.79 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $487.61 | $487.61 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $427.19 | $427.19 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $8,454.98 | $8,454.98 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $290,000 | $436,822 | -33.6% |
| Assessed Value | $290,000 | $436,822 | -33.6% |
| Land Value | $252,383 | $378,575 | -33.3% |
| Improvement Value | $37,617 | $58,247 | -35.4% |
| Taxable Value | $290,000 | $436,822 | -33.6% |
| Total Tax 2026 = estimate |
~$5,935
Estimated
|
~$8,455
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $314,010 | $290,000 | -24,010 (-7.6%) |
| Taxable Value | $314,010 | $290,000 | -24,010 (-7.6%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $290,000 | $252,383 | $37,617 | — | $290,000 | $290,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $436,822 | $378,575 | $58,247 | — | $436,822 | $436,822 | ~$8,455 | Partial |
| 2024 | $450,000 | — | — | −$90,000 | $360,000 | $— | $8,918 | Verified |
| 2023 | $594,115 | — | — | −$234,115 | $360,000 | $— | $8,142 | Verified |
| 2022 | $386,900 | — | — | −$26,900 | $360,000 | $— | $11,733 | Verified |
| 2021 | $372,400 | — | — | −$132,400 | $240,000 | $— | $8,422 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -28.1% | -28.1% | ~100% | Not available | Partial |
| 2025 | -2.9% | -2.9% | ~100% | Not available | Partial |
| 2024 | -25.4% | -25.4% | ~100% | 1.9800% | Verified |
| 2023 | +1.5% | +1.5% | ~100% | 1.3500% | Verified |
| 2022 | +53.6% | +53.6% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.2600% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +12.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -33.6% | -0.7% | +14.6% | +53.6% | 2023 | -33.6% | 2026 |
| Assessment Ratio | 100.0% | 83.0% | — | 100.0% | 2025 | 60.6% | 2023 |
| 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 |
$8,455 | $9,134 | ~$9,598 | $11,733 | 2022 | $8,142 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$454,599 | ~$454,599 | ~2.0139% | ~$9,155 | +4.1% |
| 2027 | ~$473,099 | ~$473,099 | ~1.9814% | ~$9,374 | +8.3% |
| 2028 | ~$492,352 | ~$492,352 | ~1.9488% | ~$9,595 | +12.7% |
| 2029 | ~$512,388 | ~$512,388 | ~1.9163% | ~$9,819 | +17.3% |
| 2030 | ~$533,240 | ~$533,240 | ~1.8837% | ~$10,045 | +22.1% |
| 2026 | ~$445,862 | ~$445,862 | ~2.0465% | ~$9,124 | +2.1% |
| 2027 | ~$455,090 | ~$455,090 | ~2.0465% | ~$9,313 | +4.2% |
| 2028 | ~$464,508 | ~$464,508 | ~2.0465% | ~$9,506 | +6.3% |
| 2029 | ~$474,121 | ~$474,121 | ~2.0465% | ~$9,703 | +8.5% |
| 2030 | ~$483,933 | ~$483,933 | ~2.0465% | ~$9,904 | +10.8% |
| 2026 | ~$463,335 | ~$463,335 | ~1.9977% | ~$9,256 | +6.1% |
| 2027 | ~$491,458 | ~$491,458 | ~1.9488% | ~$9,578 | +12.5% |
| 2028 | ~$521,287 | ~$521,287 | ~1.9000% | ~$9,905 | +19.3% |
| 2029 | ~$552,927 | ~$552,927 | ~1.8512% | ~$10,236 | +26.6% |
| 2030 | ~$586,487 | ~$586,487 | ~1.8024% | ~$10,571 | +34.3% |
In 2025, this property's market value of $436,822 places it in the bottom 25% for Multi-Family properties in Travis County (12584 comparable) — -16% 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 | $436,822 | $438,669 | $519,778 | $749,859 | ↓ Bottom 25% | -7.5% |
| 2024 | $450,000 | $467,458 | $564,615 | $848,565 | ↓ Bottom 25% | -6.3% |
| 2023 | $594,115 | $503,905 | $617,035 | $919,932 | ↓ Below median | +0.9% |
| 2022 | $386,900 | $506,618 | $615,058 | $906,429 | ↓ Bottom 25% | +39.1% |
| 2021 | $372,400 | $300,453 | $376,850 | $539,896 | ↓ Below 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.