7926 MULLEN DR TX 78757
| Owner | LOEUNG SOKNA |
|---|---|
| Parcel ID | 0238081024 |
| Short ID | 241419 |
| Type | Real |
| Use Code | 05 Apartment 5–25 Units |
| Valuation | Income |
| Improvement SF | 7,818 SF |
| Land SF | 12,000 SF |
| Acres | 0.275 |
| Year Built | 1977 |
| Legal | LOT 1 WOOTEN PARK SQUARE SEC 3 |
| Neighborhood | 05NC1 |
| Land | $600,000 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $600,000 |
| Improvement | $821,041 |
|---|---|
| Total Improvement | $821,041 |
| Market | $1,421,041 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,421,041 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,421,041 |
| Taxable Value | $1,421,041 |
|---|
Appreciation: Market value has risen +39.8% from $1,016,340 (2021) to $1,421,041 (2025), a CAGR of 8.7% over 4 years. This is strong appreciation — well above typical inflation. Growth has been fairly evenly spread across these years rather than concentrated in one jump. 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 $29,081. 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 42% of market value ($600,000 land vs $821,041 improvements), about $50/SF of land. Most value sits in the improvements, so building condition, age (~49 yrs), and rent roll drive the underwriting.
Submarket Position: At $1,421,041, 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 +8.7% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,160,559 by 2030, with an estimated annual tax burden around $40,699. 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.
11 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 4,800 SF | ✗ |
| 1ST | 1st Floor | 3,909 SF | ✓ |
| 2ND | 2nd Floor | 3,909 SF | ✓ |
| 591 | MASONRY TRIM SF | 720 SF | ✗ |
| SO | Sketch Only | 540 SF | ✗ |
| 011C | PORCH OPEN 1ST COMM | 270 SF | ✗ |
| 012C | PORCH OPEN 2 COMM | 270 SF | ✗ |
| 132 | PLBG 5-FIXT AVG | 1 SF | ✓ |
| 242 | OBS OVEN/BURN | 1 SF | ✓ |
| 413 | STAIRWAY EXT | 1 SF | ✓ |
| 531 | OBS FENCE | 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% | $13,147.47 | $13,147.47 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $7,446.50 | $7,446.50 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $5,340.91 | $5,340.91 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,677.16 | $1,677.16 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,469.36 | $1,469.36 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $29,081.40 | $29,081.40 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,421,041 | $1,421,041 | +0.0% |
| Assessed Value | $1,421,041 | $1,421,041 | +0.0% |
| Land Value | $600,000 | $600,000 | +0.0% |
| Improvement Value | $821,041 | $821,041 | +0.0% |
| Taxable Value | $1,421,041 | $1,421,041 | +0.0% |
| Total Tax 2026 = estimate |
~$29,081
Estimated
|
~$29,081
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,485,420 | $1,421,041 | -64,379 (-4.3%) |
| Taxable Value | $1,485,420 | $1,421,041 | -64,379 (-4.3%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,421,041 | $600,000 | $821,041 | — | $1,421,041 | $1,421,041 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,421,041 | $600,000 | $821,041 | — | $1,421,041 | $1,421,041 | ~$29,081 | Partial |
| 2024 | $1,210,000 | — | — | −$610,000 | $600,000 | $— | $27,889 | Verified |
| 2023 | $1,210,000 | — | — | −$610,000 | $600,000 | $— | $21,892 | Verified |
| 2022 | $1,088,492 | — | — | −$488,492 | $600,000 | $— | $23,897 | Verified |
| 2021 | $1,016,340 | — | — | −$416,340 | $600,000 | $— | $23,693 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +4.5% | +4.5% | ~100% | Not available | Partial |
| 2025 | +1.0% | +1.0% | ~100% | Not available | Partial |
| 2024 | +16.3% | +16.3% | ~100% | 1.9800% | Verified |
| 2023 | +0.0% | +0.0% | ~100% | 1.8100% | Verified |
| 2022 | +11.2% | +11.2% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.3300% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +30.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +7.1% | +8.7% | +17.4% | 2025 | +0.0% | 2024 |
| Assessment Ratio | 100.0% | 68.9% | — | 100.0% | 2025 | 49.6% | 2023 |
| 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 |
$29,081 | $25,290 | ~$35,759 | $29,081 | 2025 | $21,892 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,545,249 | ~$1,545,249 | ~2.0139% | ~$31,120 | +8.7% |
| 2027 | ~$1,680,314 | ~$1,680,314 | ~1.9814% | ~$33,294 | +18.2% |
| 2028 | ~$1,827,184 | ~$1,827,184 | ~1.9488% | ~$35,609 | +28.6% |
| 2029 | ~$1,986,892 | ~$1,986,892 | ~1.9163% | ~$38,075 | +39.8% |
| 2030 | ~$2,160,559 | ~$2,160,559 | ~1.8837% | ~$40,699 | +52.0% |
| 2026 | ~$1,516,828 | ~$1,516,828 | ~2.0465% | ~$31,042 | +6.7% |
| 2027 | ~$1,619,072 | ~$1,619,072 | ~2.0465% | ~$33,134 | +13.9% |
| 2028 | ~$1,728,208 | ~$1,728,208 | ~2.0465% | ~$35,368 | +21.6% |
| 2029 | ~$1,844,701 | ~$1,844,701 | ~2.0465% | ~$37,752 | +29.8% |
| 2030 | ~$1,969,045 | ~$1,969,045 | ~2.0465% | ~$40,296 | +38.6% |
| 2026 | ~$1,573,670 | ~$1,563,145 | ~1.9977% | ~$31,226 | +10.7% |
| 2027 | ~$1,742,692 | ~$1,719,460 | ~1.9488% | ~$33,510 | +22.6% |
| 2028 | ~$1,929,869 | ~$1,891,406 | ~1.9000% | ~$35,937 | +35.8% |
| 2029 | ~$2,137,149 | ~$2,080,546 | ~1.8512% | ~$38,515 | +50.4% |
| 2030 | ~$2,366,692 | ~$2,288,601 | ~1.8024% | ~$41,249 | +66.5% |
In 2025, this property's market value of $1,421,041 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — +173% 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 | $1,421,041 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $1,210,000 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $1,210,000 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $1,088,492 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $1,016,340 | $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.