1742 WOOTEN PARK DR TX 78757
| Owner | WOOTEN PARK APARTMENTS LLC |
|---|---|
| Parcel ID | 0238081128 |
| Short ID | 241446 |
| Type | Real |
| Use Code | 05 Apartment 5–25 Units |
| Valuation | Income |
| Improvement SF | 4,736 SF |
| Land SF | 10,000 SF |
| Acres | 0.230 |
| Year Built | 1966 |
| Legal | LOT 19 BLK A WOOTEN PARK SQUARE |
| Neighborhood | 05NC1 |
| Land | $500,000 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $500,000 |
| Improvement | $380,000 |
|---|---|
| Total Improvement | $380,000 |
| Market | $880,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $880,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $880,000 |
| Taxable Value | $880,000 |
|---|
Appreciation: Market value has risen +42.9% from $615,680 (2021) to $880,000 (2025), a CAGR of 9.3% 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 $18,009. 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 57% of market value ($500,000 land vs $380,000 improvements), about $50/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $880,000, 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 +9.3% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,375,283 by 2030, with an estimated annual tax burden around $25,907. 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.
13 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 2,374 SF | ✓ |
| 2ND | 2nd Floor | 2,362 SF | ✓ |
| 551 | PAVED AREA | 1,800 SF | ✗ |
| 011C | PORCH OPEN 1ST COMM | 504 SF | ✗ |
| SO | Sketch Only | 504 SF | ✗ |
| 611 | TERRACE | 366 SF | ✗ |
| 581C | STORAGE ATT COMM | 120 SF | ✓ |
| 541 | FENCE COMM LF | 100 SF | ✗ |
| 132 | PLBG 5-FIXT AVG | 1 SF | ✓ |
| 152 | COMMODE AVG | 1 SF | ✓ |
| 162 | LAVATORY AVG | 1 SF | ✓ |
| 242 | OBS OVEN/BURN | 1 SF | ✓ |
| 336 | FENCE MASON FV | 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% | $7,771.68 | $7,771.68 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $4,401.74 | $4,401.74 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,157.10 | $3,157.10 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $991.39 | $991.39 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $868.56 | $868.56 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $17,190.47 | $17,190.47 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $994,560 | $880,000 | +13.0% |
| Assessed Value | $994,560 | $880,000 | +13.0% |
| Land Value | $500,000 | $500,000 | +0.0% |
| Improvement Value | $494,560 | $380,000 | +30.1% |
| Taxable Value | $994,560 | $880,000 | +13.0% |
| Total Tax 2026 = estimate |
~$20,354
Estimated
|
~$17,190
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $994,560 | $994,560 | +0 (+0.0%) |
| Taxable Value | $994,560 | $994,560 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $994,560 | $500,000 | $494,560 | — | $994,560 | $994,560 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $880,000 | $500,000 | $380,000 | — | $880,000 | $880,000 | ~$17,190 | Partial |
| 2024 | $700,000 | — | — | −$200,000 | $500,000 | $— | $16,647 | Verified |
| 2023 | $663,040 | — | — | −$163,040 | $500,000 | $— | $12,665 | Verified |
| 2022 | $663,040 | — | — | −$163,040 | $500,000 | $— | $10,386 | Verified |
| 2021 | $615,680 | — | — | −$115,680 | $500,000 | $— | $12,878 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +13.0% | +13.0% | ~100% | Not available | Partial |
| 2025 | +3.2% | +4.8% | ~100% | Not available | Partial |
| 2024 | +16.1% | +14.4% | 98.5% | 1.9500% | Verified |
| 2023 | -6.1% | -6.1% | ~100% | 1.7300% | Verified |
| 2022 | +17.9% | +17.9% | ~100% | 1.3300% | Verified |
| 2021 | base year | — | ~100% | 2.0900% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +32.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +13.0% | +10.4% | +6.8% | +25.7% | 2025 | +0.0% | 2023 |
| Assessment Ratio | 100.0% | 83.9% | — | 100.0% | 2025 | 71.4% | 2024 |
| Effective Tax Rate (2025) | 1.9500% | 1.9500% | — | 1.9500% | 2025 | 1.9500% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$17,190 | $13,953 | ~$22,530 | $17,190 | 2025 | $10,386 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$962,198 | ~$962,198 | ~2.0139% | ~$19,378 | +9.3% |
| 2027 | ~$1,052,074 | ~$1,052,074 | ~1.9814% | ~$20,846 | +19.6% |
| 2028 | ~$1,150,346 | ~$1,150,346 | ~1.9488% | ~$22,418 | +30.7% |
| 2029 | ~$1,257,796 | ~$1,257,796 | ~1.9163% | ~$24,103 | +42.9% |
| 2030 | ~$1,375,283 | ~$1,375,283 | ~1.8837% | ~$25,907 | +56.3% |
| 2026 | ~$944,598 | ~$944,598 | ~2.0465% | ~$19,331 | +7.3% |
| 2027 | ~$1,013,939 | ~$1,013,939 | ~2.0465% | ~$20,750 | +15.2% |
| 2028 | ~$1,088,369 | ~$1,088,369 | ~2.0465% | ~$22,273 | +23.7% |
| 2029 | ~$1,168,263 | ~$1,168,263 | ~2.0465% | ~$23,908 | +32.8% |
| 2030 | ~$1,254,022 | ~$1,254,022 | ~2.0465% | ~$25,663 | +42.5% |
| 2026 | ~$979,798 | ~$968,000 | ~1.9977% | ~$19,337 | +11.3% |
| 2027 | ~$1,090,914 | ~$1,064,800 | ~1.9488% | ~$20,751 | +24.0% |
| 2028 | ~$1,214,632 | ~$1,171,280 | ~1.9000% | ~$22,255 | +38.0% |
| 2029 | ~$1,352,380 | ~$1,288,408 | ~1.8512% | ~$23,851 | +53.7% |
| 2030 | ~$1,505,749 | ~$1,417,249 | ~1.8024% | ~$25,544 | +71.1% |
In 2025, this property's market value of $880,000 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — +69% 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 | $880,000 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $700,000 | $467,458 | $564,615 | $848,565 | ↑ Above median | -6.3% |
| 2023 | $663,040 | $503,905 | $617,035 | $919,932 | ↑ Above median | +0.9% |
| 2022 | $663,040 | $506,618 | $615,058 | $906,429 | ↑ Above median | +39.1% |
| 2021 | $615,680 | $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.