1720 WOOTEN PARK DR TX 78757
| Owner | SHARPSTOWNMULTI LLC |
|---|---|
| Parcel ID | 0238081136 |
| Short ID | 241451 |
| Type | Real |
| Use Code | 06 Apartment 26–49 Units |
| Valuation | Income |
| Improvement SF | 22,280 SF |
| Land SF | 35,880 SF |
| Acres | 0.824 |
| Year Built | 1971 |
| Legal | LOT 16&17 BLK A WOOTEN PARK SQUARE |
| Neighborhood | 06NC1 |
| Land | $1,794,000 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,794,000 |
| Improvement | $3,646,000 |
|---|---|
| Total Improvement | $3,646,000 |
| Market | $5,440,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $5,440,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $5,440,000 |
| Taxable Value | $5,440,000 |
|---|
Appreciation: Market value has risen +90.0% from $2,863,560 (2021) to $5,440,000 (2025), a CAGR of 17.4% 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 $111,329. 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 33% of market value ($1,794,000 land vs $3,646,000 improvements), about $50/SF of land. Most value sits in the improvements, so building condition, age (~55 yrs), and rent roll drive the underwriting.
Submarket Position: At $5,440,000, 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 +17.4% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $12,132,901 by 2030, with an estimated annual tax burden around $165,038. 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 |
|---|---|---|---|
| 551 | PAVED AREA | 17,520 SF | ✗ |
| 1ST | 1st Floor | 11,140 SF | ✓ |
| 2ND | 2nd Floor | 11,140 SF | ✓ |
| SO | Sketch Only | 2,796 SF | ✗ |
| 011C | PORCH OPEN 1ST COMM | 1,308 SF | ✗ |
| 012C | PORCH OPEN 2 COMM | 1,308 SF | ✗ |
| 601 | POOL COMM'L | 340 SF | ✗ |
| 581C | STORAGE ATT COMM | 290 SF | ✓ |
| 501 | CANOPY | 180 SF | ✗ |
| 152 | COMMODE AVG | 1 SF | ✓ |
| 162 | LAVATORY AVG | 1 SF | ✓ |
| 269 | OBS RANGE DRP-IN | 1 SF | ✓ |
| 132 | PLBG 5-FIXT AVG | 1 SF | ✓ |
| Entity | 2024 Rate | 2025 Rate | Rate Effect |
|---|---|---|---|
| City of Austin | 0.4776% | 0.5240% | +2,525 |
| Travis County | 0.3444% | 0.3758% | +1,708 |
| Austin ISD | 0.9505% | 0.9252% | -1,376 |
| Travis Central Health | 0.1080% | 0.1180% | +547 |
| Austin Community College | 0.1013% | 0.1034% | +114 |
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% | $50,330.88 | $31,646.46 | $18,684.42 |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $28,506.52 | $17,923.99 | $10,582.53 |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $20,445.97 | $12,855.78 | $7,590.19 |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $6,420.45 | $4,036.97 | $2,383.48 |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $5,624.96 | $3,536.80 | $2,088.16 |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $111,328.78 | $70,000.00 | $41,328.78 |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $4,180,000 | $5,440,000 | -23.2% |
| Assessed Value | $4,180,000 | $5,440,000 | -23.2% |
| Land Value | $1,794,000 | $1,794,000 | +0.0% |
| Improvement Value | $2,386,000 | $3,646,000 | -34.6% |
| Taxable Value | $4,180,000 | $5,440,000 | -23.2% |
| Total Tax 2026 = estimate |
~$85,543
Estimated
|
$111,329 | ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $6,545,280 | $4,180,000 | -2,365,280 (-36.1%) |
| Taxable Value | $6,545,280 | $4,180,000 | -2,365,280 (-36.1%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $4,180,000 | $1,794,000 | $2,386,000 | — | $4,180,000 | $4,180,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $5,440,000 | $1,794,000 | $3,646,000 | — | $5,440,000 | $5,440,000 | $111,329 | Verified |
| 2024 | $5,931,660 | — | — | −$5,341,660 | $590,000 | $— | $116,927 | Verified |
| 2023 | $4,908,960 | — | — | −$3,114,960 | $1,794,000 | $— | $107,318 | Verified |
| 2022 | $3,068,100 | — | — | −$1,274,100 | $1,794,000 | $— | $96,948 | Verified |
| 2021 | $2,863,560 | — | — | −$1,069,560 | $1,794,000 | $— | $66,783 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +20.3% | +20.3% | ~100% | Not available | Partial |
| 2025 | -11.3% | -11.3% | ~100% | 2.0500% | Verified |
| 2024 | +3.4% | +3.4% | ~100% | 1.9100% | Verified |
| 2023 | +20.8% | +20.8% | ~100% | 1.8100% | Verified |
| 2022 | +60.0% | +60.0% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.3300% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +77.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -23.2% | +11.3% | +24.5% | +60.0% | 2023 | -23.2% | 2026 |
| Assessment Ratio | 100.0% | 61.2% | — | 100.0% | 2025 | 9.9% | 2024 |
| Effective Tax Rate (2025) | 2.0500% | 2.0500% | — | 2.0500% | 2025 | 2.0500% | 2025 |
| Tax Amount | $111,329 | $99,861 | ~$141,942 | $116,927 | 2024 | $66,783 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$6,386,634 | ~$5,984,000 | ~2.0139% | ~$120,514 | +17.4% |
| 2027 | ~$7,497,996 | ~$6,582,400 | ~1.9814% | ~$130,423 | +37.8% |
| 2028 | ~$8,802,750 | ~$7,240,640 | ~1.9488% | ~$141,108 | +61.8% |
| 2029 | ~$10,334,549 | ~$7,964,704 | ~1.9163% | ~$152,627 | +90.0% |
| 2030 | ~$12,132,901 | ~$8,761,174 | ~1.8837% | ~$165,038 | +123.0% |
| 2026 | ~$6,277,834 | ~$5,984,000 | ~2.0465% | ~$122,462 | +15.4% |
| 2027 | ~$7,244,707 | ~$6,582,400 | ~2.0465% | ~$134,708 | +33.2% |
| 2028 | ~$8,360,490 | ~$7,240,640 | ~2.0465% | ~$148,179 | +53.7% |
| 2029 | ~$9,648,120 | ~$7,964,704 | ~2.0465% | ~$162,996 | +77.4% |
| 2030 | ~$11,134,063 | ~$8,761,174 | ~2.0465% | ~$179,296 | +104.7% |
| 2026 | ~$6,495,434 | ~$5,984,000 | ~1.9977% | ~$119,540 | +19.4% |
| 2027 | ~$7,755,637 | ~$6,582,400 | ~1.9488% | ~$128,280 | +42.6% |
| 2028 | ~$9,260,337 | ~$7,240,640 | ~1.9000% | ~$137,573 | +70.2% |
| 2029 | ~$11,056,969 | ~$7,964,704 | ~1.8512% | ~$147,442 | +103.3% |
| 2030 | ~$13,202,172 | ~$8,761,174 | ~1.8024% | ~$157,909 | +142.7% |
In 2025, this property's market value of $5,440,000 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 10× 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 | $5,440,000 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $5,931,660 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $4,908,960 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $3,068,100 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $2,863,560 | $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.