2105 MUROC ST TX 78757
| Owner | W-SUN TRUST |
|---|---|
| Parcel ID | 0233050175 |
| Short ID | 234724 |
| Type | Real |
| Use Code | 05 Apartment 5–25 Units |
| Valuation | Income |
| Improvement SF | 2,120 SF |
| Land SF | 8,000 SF |
| Acres | 0.184 |
| Year Built | 1967 |
| Legal | LOT 6 BLK B NORTHRIDGE TERRACE SEC 6 |
| Neighborhood | 05NC1 |
| Land | $320,000 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $320,000 |
| Improvement | $379,600 |
|---|---|
| Total Improvement | $379,600 |
| Market | $699,600 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $699,600 |
| Value Limitation Adjustment (−) (homestead cap) | −$259,861 |
| Net Appraised (assessed) | $439,739 |
| Taxable Value | $439,739 |
|---|
Appreciation: Market value has risen +109.5% from $334,000 (2021) to $699,600 (2025), a CAGR of 20.3% over 4 years. This is strong appreciation — well above typical inflation. 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 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 $8,999. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Assessment Gap: Assessed value ($439,739) is $259,861 below market value, suggesting potential for an upward assessment in future years.
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 ($320,000 land vs $379,600 improvements), about $40/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $699,600, this parcel sits in the upper-middle (50th–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 +20.3% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,762,905 by 2030, with an estimated annual tax burden around $13,341. 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.
9 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 2,120 SF | ✓ |
| 551 | PAVED AREA | 1,200 SF | ✗ |
| SO | Sketch Only | 378 SF | ✗ |
| 591 | MASONRY TRIM SF | 350 SF | ✗ |
| 011C | PORCH OPEN 1ST COMM | 260 SF | ✗ |
| 581C | STORAGE ATT COMM | 218 SF | ✓ |
| 611 | TERRACE | 160 SF | ✗ |
| 251 | BATHROOM | 4 SF | ✓ |
| 531 | OBS FENCE | 1 SF | ✗ |
| Entity | 2024 Rate | 2025 Rate | Rate Effect |
|---|---|---|---|
| City of Austin | 0.4776% | 0.5240% | +204 |
| Travis County | 0.3444% | 0.3758% | +138 |
| Austin ISD | 0.9505% | 0.9252% | -111 |
| Travis Central Health | 0.1080% | 0.1180% | +44 |
| Austin Community College | 0.1013% | 0.1034% | +9 |
Market value changed by 91% in 2025, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| 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% | $4,068.47 | $— | $4,068.47 |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $2,304.31 | $— | $2,304.31 |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,652.74 | $— | $1,652.74 |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $518.99 | $— | $518.99 |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $454.69 | $— | $454.69 |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $8,999.20 | $0.00 | $8,999.20 |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $699,600 | $699,600 | +0.0% |
| Assessed Value | $527,687 | $439,739 | +20.0% |
| Land Value | $320,000 | $320,000 | +0.0% |
| Improvement Value | $379,600 | $379,600 | +0.0% |
| Taxable Value | $527,687 | $439,739 | +20.0% |
| HS Cap Loss | -$171,913 | — | |
| Total Tax 2026 = estimate |
~$10,799
Estimated
|
$8,999 | ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $699,600 | $699,600 | +0 (+0.0%) |
| Taxable Value | $527,687 | $527,687 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $699,600 | $320,000 | $379,600 | −$171,913 | $527,687 | $527,687 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $699,600 | $320,000 | $379,600 | −$259,861 | $439,739 | $439,739 | $8,999 | Verified |
| 2024 | $378,367 | — | — | −$58,367 | $320,000 | $— | $7,262 | Verified |
| 2023 | $362,870 | — | — | −$42,870 | $320,000 | $— | $6,846 | Verified |
| 2022 | $334,000 | — | — | −$14,000 | $320,000 | $— | $7,166 | Verified |
| 2021 | $334,000 | — | — | −$14,000 | $320,000 | $— | $7,270 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.0% | +20.0% | 75.4% | Not available | Partial |
| 2025 | +90.9% ! | +20.0% | 62.9% | 1.2900% | Verified |
| 2024 | -8.4% | -8.4% | ~100% | 1.9800% | Verified |
| 2023 | +4.7% | +4.7% | ~100% | 1.7100% | Verified |
| 2022 | +14.4% | +14.4% | ~100% | 1.8800% | Verified |
| 2021 | base year | — | ~100% | 2.1800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +109.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +19.6% | +20.3% | +84.9% | 2025 | +0.0% | 2022 |
| Assessment Ratio | 75.4% | 83.8% | — | 95.8% | 2021 | 62.9% | 2025 |
| Effective Tax Rate (2025) | 1.2900% | 1.2900% | — | 1.2900% | 2025 | 1.2900% | 2025 |
| Tax Amount | $8,999 | $7,509 | ~$11,474 | $8,999 | 2025 | $6,846 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$841,639 | ~$483,713 | ~2.0139% | ~$9,742 | +20.3% |
| 2027 | ~$1,012,515 | ~$532,084 | ~1.9814% | ~$10,543 | +44.7% |
| 2028 | ~$1,218,084 | ~$585,293 | ~1.9488% | ~$11,406 | +74.1% |
| 2029 | ~$1,465,390 | ~$643,822 | ~1.9163% | ~$12,338 | +109.5% |
| 2030 | ~$1,762,905 | ~$708,204 | ~1.8837% | ~$13,341 | +152.0% |
| 2026 | ~$827,647 | ~$483,713 | ~2.0465% | ~$9,899 | +18.3% |
| 2027 | ~$979,129 | ~$532,084 | ~2.0465% | ~$10,889 | +40.0% |
| 2028 | ~$1,158,338 | ~$585,293 | ~2.0465% | ~$11,978 | +65.6% |
| 2029 | ~$1,370,346 | ~$643,822 | ~2.0465% | ~$13,176 | +95.9% |
| 2030 | ~$1,621,158 | ~$708,204 | ~2.0465% | ~$14,493 | +131.7% |
| 2026 | ~$855,631 | ~$483,713 | ~1.9977% | ~$9,663 | +22.3% |
| 2027 | ~$1,046,460 | ~$532,084 | ~1.9488% | ~$10,369 | +49.6% |
| 2028 | ~$1,279,851 | ~$585,293 | ~1.9000% | ~$11,121 | +82.9% |
| 2029 | ~$1,565,294 | ~$643,822 | ~1.8512% | ~$11,918 | +123.7% |
| 2030 | ~$1,914,398 | ~$708,204 | ~1.8024% | ~$12,764 | +173.6% |
In 2025, this property's market value of $699,600 places it in the 50th–75th percentile for Multi-Family properties in Travis County (12584 comparable) — +35% 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 | $699,600 | $438,669 | $519,778 | $749,859 | ↑ Above median | -7.5% |
| 2024 | $378,367 | $467,458 | $564,615 | $848,565 | ↓ Bottom 25% | -6.3% |
| 2023 | $362,870 | $503,905 | $617,035 | $919,932 | ↓ Bottom 25% | +0.9% |
| 2022 | $334,000 | $506,618 | $615,058 | $906,429 | ↓ Bottom 25% | +39.1% |
| 2021 | $334,000 | $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.