8005 GEORGIAN DR TX 78753
| Owner | GEORGIAN GROUP HOLDINGS LLC |
|---|---|
| Parcel ID | 0234140503 |
| Short ID | 236515 |
| Type | Real |
| Use Code | 07 Apartment 50–100 Units |
| Valuation | Income |
| Improvement SF | 35,980 SF |
| Land SF | 101,538 SF |
| Acres | 2.331 |
| Year Built | 1983 |
| Legal | LOT 1 *AMENDED PLAT OF WILLIES SUBDIVISION |
| Neighborhood | 08NO |
| Land | $609,228 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $609,228 |
| Improvement | $6,160,772 |
|---|---|
| Total Improvement | $6,160,772 |
| Market | $6,770,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $6,770,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $6,770,000 |
| Taxable Value | $6,770,000 |
|---|
Appreciation: Market value has risen +44.7% from $4,680,000 (2021) to $6,770,000 (2025), a CAGR of 9.7% over 4 years. This is strong appreciation — well above typical inflation. 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 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 $138,547. 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 9% of market value ($609,228 land vs $6,160,772 improvements), about $6/SF of land. Most value sits in the improvements, so building condition, age (~43 yrs), and rent roll drive the underwriting.
Submarket Position: At $6,770,000, 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 +9.7% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $10,740,319 by 2030, with an estimated annual tax burden around $202,320. 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.
20 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 20,858 SF | ✓ |
| 2ND | 2nd Floor | 8,714 SF | ✓ |
| 3RD | 3rd Floor | 6,408 SF | ✓ |
| 011C | PORCH OPEN 1ST COMM | 5,705 SF | ✗ |
| 612C | TERRACE UNCOVERD COMM | 848 SF | ✗ |
| 012C | PORCH OPEN 2 COMM | 624 SF | ✗ |
| 602 | POOL RES CONC | 432 SF | ✗ |
| 581C | STORAGE ATT COMM | 320 SF | ✓ |
| SO | Sketch Only | 224 SF | ✗ |
| 303 | STAIRWAYS FV | 2 SF | ✓ |
| 132 | PLBG 5-FIXT AVG | 1 SF | ✓ |
| 142 | BATHTUB AVG | 1 SF | ✓ |
| 152 | COMMODE AVG | 1 SF | ✓ |
| 162 | LAVATORY AVG | 1 SF | ✓ |
| 192 | WATER HTR AVG | 1 SF | ✓ |
| 539 | FENCE FV | 1 SF | ✗ |
| 559 | PAVED AREA FV | 1 SF | ✗ |
| 589 | STORAGE ATT FV | 1 SF | ✓ |
| 599 | MASONRY TRIM FV | 1 SF | ✗ |
| 242 | OBS OVEN/BURN | 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% | $62,636.04 | $62,636.04 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $35,475.95 | $35,475.95 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $25,444.71 | $25,444.71 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $7,990.16 | $7,990.16 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $7,000.18 | $7,000.18 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $138,547.04 | $138,547.04 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $5,710,000 | $6,770,000 | -15.7% |
| Assessed Value | $5,710,000 | $6,770,000 | -15.7% |
| Land Value | $609,228 | $609,228 | +0.0% |
| Improvement Value | $5,100,772 | $6,160,772 | -17.2% |
| Taxable Value | $5,710,000 | $6,770,000 | -15.7% |
| Total Tax 2026 = estimate |
~$116,854
Estimated
|
~$138,547
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $6,273,698 | $5,710,000 | -563,698 (-9.0%) |
| Taxable Value | $6,273,698 | $5,710,000 | -563,698 (-9.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $5,710,000 | $609,228 | $5,100,772 | — | $5,710,000 | $5,710,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $6,770,000 | $609,228 | $6,160,772 | — | $6,770,000 | $6,770,000 | ~$138,547 | Partial |
| 2024 | $7,750,000 | — | — | −$7,140,772 | $609,228 | $— | $140,709 | Verified |
| 2023 | $6,650,000 | — | — | −$6,040,772 | $609,228 | $— | $140,217 | Verified |
| 2022 | $4,600,000 | — | — | −$3,990,772 | $609,228 | $— | $131,332 | Verified |
| 2021 | $4,680,000 | — | — | −$4,070,772 | $609,228 | $— | $100,127 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -7.3% | -7.3% | ~100% | Not available | Partial |
| 2025 | -5.7% | -5.7% | ~100% | Not available | Partial |
| 2024 | -14.4% | -14.4% | ~100% | 1.9600% | Verified |
| 2023 | +26.1% | +26.1% | ~100% | 1.6700% | Verified |
| 2022 | +44.6% | +44.6% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1400% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +47.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -15.7% | +6.2% | +13.7% | +44.6% | 2023 | -15.7% | 2026 |
| Assessment Ratio | 100.0% | 40.6% | — | 100.0% | 2025 | 7.9% | 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 |
$138,547 | $130,186 | ~$174,976 | $140,709 | 2024 | $100,127 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$7,424,622 | ~$7,424,622 | ~2.0139% | ~$149,527 | +9.7% |
| 2027 | ~$8,142,543 | ~$8,142,543 | ~1.9814% | ~$161,335 | +20.3% |
| 2028 | ~$8,929,883 | ~$8,929,883 | ~1.9488% | ~$174,029 | +31.9% |
| 2029 | ~$9,793,355 | ~$9,793,355 | ~1.9163% | ~$187,669 | +44.7% |
| 2030 | ~$10,740,319 | ~$10,740,319 | ~1.8837% | ~$202,320 | +58.6% |
| 2026 | ~$7,289,222 | ~$7,289,222 | ~2.0465% | ~$149,173 | +7.7% |
| 2027 | ~$7,848,266 | ~$7,848,266 | ~2.0465% | ~$160,614 | +15.9% |
| 2028 | ~$8,450,186 | ~$8,450,186 | ~2.0465% | ~$172,932 | +24.8% |
| 2029 | ~$9,098,270 | ~$9,098,270 | ~2.0465% | ~$186,195 | +34.4% |
| 2030 | ~$9,796,058 | ~$9,796,058 | ~2.0465% | ~$200,475 | +44.7% |
| 2026 | ~$7,560,022 | ~$7,447,000 | ~1.9977% | ~$148,766 | +11.7% |
| 2027 | ~$8,442,236 | ~$8,191,700 | ~1.9488% | ~$159,643 | +24.7% |
| 2028 | ~$9,427,400 | ~$9,010,870 | ~1.9000% | ~$171,208 | +39.3% |
| 2029 | ~$10,527,526 | ~$9,911,957 | ~1.8512% | ~$183,490 | +55.5% |
| 2030 | ~$11,756,032 | ~$10,903,153 | ~1.8024% | ~$196,515 | +73.6% |
In 2025, this property's market value of $6,770,000 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 13× 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 | $6,770,000 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $7,750,000 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $6,650,000 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $4,600,000 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $4,680,000 | $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.