606 W CROSLIN ST TX 78752
| Owner | THOMSON PHYLLIS & RICHARD W |
|---|---|
| Parcel ID | 0233100909 |
| Short ID | 235219 |
| Type | Real |
| Use Code | 02 Duplex |
| Valuation | Cost |
| Improvement SF | 1,268 SF |
| Land SF | 7,177 SF |
| Acres | 0.165 |
| Year Built | 1951 |
| Legal | LOT 3 BLK 17 SILVERTON HEIGHTS SEC 2 |
| Neighborhood | Y7005 |
| Land | $317,656 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $317,656 |
| Improvement | $37,226 |
|---|---|
| Total Improvement | $37,226 |
| Market | $354,882 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $354,882 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $354,882 |
| Taxable Value | $354,882 |
|---|
Appreciation: Market value has risen +17.0% from $303,445 (2021) to $354,882 (2025), a CAGR of 4.0% over 4 years. Growth has been relatively flat for this asset class. 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 $7,263. Austin ISD is the largest single contributor, at 43.3% 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 90% of market value ($317,656 land vs $37,226 improvements), about $44/SF of land. With value concentrated in the land under a ~75-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 $354,882, 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 +4.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $431,607 by 2030, with an estimated annual tax burden around $8,130. 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 | 1,268 SF | ✓ |
| 630 | PORCH CLOS FIN | 288 SF | ✓ |
| 612 | TERRACE UNCOVERD | 154 SF | ✗ |
| 011 | PORCH OPEN 1ST F | 32 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% | $1,247.69 | $1,247.69 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $706.67 | $706.67 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $630.13 | $630.13 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $159.16 | $159.16 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $139.44 | $139.44 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $2,883.09 | $2,883.09 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $252,007 | $354,882 | -29.0% |
| Assessed Value | $252,007 | $354,882 | -29.0% |
| Land Value | $211,771 | $317,656 | -33.3% |
| Improvement Value | $40,236 | $37,226 | +8.1% |
| Taxable Value | $95,763 | $354,882 | -73.0% |
| Exemptions | HS,OV65 | S | |
| Total Tax 2026 = estimate |
~$1,960
Estimated
|
~$2,883
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $252,007 | $252,007 | +0 (+0.0%) |
| Taxable Value | $95,763 | $95,763 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $252,007 | $211,771 | $40,236 | — | $252,007 | $95,763 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $354,882 | $317,656 | $37,226 | — | $354,882 | $354,882 | ~$2,883 | Partial |
| 2024 | $423,844 | — | — | −$123,844 | $300,000 | $— | $2,860 | Verified |
| 2023 | $449,656 | — | — | −$149,656 | $300,000 | $— | $3,261 | Verified |
| 2022 | $295,377 | — | — | — | $300,000 ! | $— | $4,381 | Verified |
| 2021 | $303,445 | — | — | −$103,445 | $200,000 | $— | $3,409 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -29.0% | -29.0% | ~100% | Not available | Partial |
| 2025 | +1.8% | +1.8% | ~100% | Not available | Partial |
| 2024 | -17.8% | -5.1% | ~100% | 0.8200% | Verified |
| 2023 | -5.7% | +2.5% | 86.6% | 0.7700% | Verified |
| 2022 | +52.2% | +26.8% | 79.6% | 0.9700% | Verified |
| 2021 | base year | — | 95.6% | 1.1200% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +20.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -29.0% | -0.3% | +12.5% | +52.2% | 2023 | -29.0% | 2026 |
| Assessment Ratio | 100.0% | 84.2% | — | 101.6% | 2022 | 65.9% | 2021 |
| Effective Tax Rate (2025) | 0.8100% | 0.8100% | — | 0.8100% | 2025 | 0.8100% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$2,883 | $3,359 | ~$7,779 | $4,381 | 2022 | $2,860 | 2024 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$369,050 | ~$369,050 | ~2.0139% | ~$7,432 | +4.0% |
| 2027 | ~$383,783 | ~$383,783 | ~1.9814% | ~$7,604 | +8.1% |
| 2028 | ~$399,105 | ~$399,105 | ~1.9488% | ~$7,778 | +12.5% |
| 2029 | ~$415,038 | ~$415,038 | ~1.9163% | ~$7,953 | +17.0% |
| 2030 | ~$431,607 | ~$431,607 | ~1.8837% | ~$8,130 | +21.6% |
| 2026 | ~$361,952 | ~$361,952 | ~2.0465% | ~$7,407 | +2.0% |
| 2027 | ~$369,163 | ~$369,163 | ~2.0465% | ~$7,555 | +4.0% |
| 2028 | ~$376,518 | ~$376,518 | ~2.0465% | ~$7,705 | +6.1% |
| 2029 | ~$384,019 | ~$384,019 | ~2.0465% | ~$7,859 | +8.2% |
| 2030 | ~$391,670 | ~$391,670 | ~2.0465% | ~$8,015 | +10.4% |
| 2026 | ~$376,147 | ~$376,147 | ~1.9977% | ~$7,514 | +6.0% |
| 2027 | ~$398,687 | ~$398,687 | ~1.9488% | ~$7,770 | +12.3% |
| 2028 | ~$422,578 | ~$422,578 | ~1.9000% | ~$8,029 | +19.1% |
| 2029 | ~$447,899 | ~$447,899 | ~1.8512% | ~$8,291 | +26.2% |
| 2030 | ~$474,739 | ~$474,739 | ~1.8024% | ~$8,557 | +33.8% |
In 2025, this property's market value of $354,882 places it in the bottom 25% for Multi-Family properties in Travis County (12584 comparable) — -32% 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 | $354,882 | $438,669 | $519,778 | $749,859 | ↓ Bottom 25% | -7.5% |
| 2024 | $423,844 | $467,458 | $564,615 | $848,565 | ↓ Bottom 25% | -6.3% |
| 2023 | $449,656 | $503,905 | $617,035 | $919,932 | ↓ Bottom 25% | +0.9% |
| 2022 | $295,377 | $506,618 | $615,058 | $906,429 | ↓ Bottom 25% | +39.1% |
| 2021 | $303,445 | $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.