1825 WOOTEN PARK DR TX 78757
| Owner | BRILLIANT OCEAN INVESTMENT LLC |
|---|---|
| Parcel ID | 0238081703 |
| Short ID | 241524 |
| Type | Real |
| Use Code | 04 Fourplex |
| Valuation | Income |
| Improvement SF | 3,612 SF |
| Land SF | 8,000 SF |
| Acres | 0.184 |
| Year Built | 1967 |
| Legal | LOT 3A *RESUB OF LT 1-8 BLK B WOOTEN PARK SQUARE |
| Neighborhood | Y6006 |
| Land | $330,132 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $330,132 |
| Improvement | $263,385 |
|---|---|
| Total Improvement | $263,385 |
| Market | $593,517 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $593,517 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $593,517 |
| Taxable Value | $593,517 |
|---|
Appreciation: Market value has risen +14.6% from $517,857 (2021) to $593,517 (2025), a CAGR of 3.5% 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 $12,146. 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 56% of market value ($330,132 land vs $263,385 improvements), about $41/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $593,517, this parcel sits in the upper-middle (50th–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 +3.5% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $703,821 by 2030, with an estimated annual tax burden around $13,258. 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.
8 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 095 | HVAC RESIDENTIAL | 3,612 SF | ✗ |
| 1ST | 1st Floor | 1,806 SF | ✓ |
| 2ND | 2nd Floor | 1,806 SF | ✓ |
| SO | Sketch Only | 522 SF | ✗ |
| 612 | TERRACE UNCOVERD | 360 SF | ✗ |
| 581 | STORAGE ATT | 162 SF | ✓ |
| 251 | BATHROOM | 6 SF | ✓ |
| 252 | BEDROOMS | 6 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% | $5,491.22 | $5,491.22 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $3,110.13 | $3,110.13 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,230.70 | $2,230.70 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $700.49 | $700.49 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $613.70 | $613.70 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $12,146.24 | $12,146.24 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $686,368 | $593,517 | +15.6% |
| Assessed Value | $686,368 | $593,517 | +15.6% |
| Land Value | $203,158 | $330,132 | -38.5% |
| Improvement Value | $483,210 | $263,385 | +83.5% |
| Taxable Value | $686,368 | $593,517 | +15.6% |
| Total Tax 2026 = estimate |
~$14,046
Estimated
|
~$12,146
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $790,838 | $686,368 | -104,470 (-13.2%) |
| Taxable Value | $712,220 | $686,368 | -25,852 (-3.6%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $686,368 | $203,158 | $483,210 | — | $686,368 | $686,368 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $593,517 | $330,132 | $263,385 | — | $593,517 | $593,517 | ~$12,146 | Partial |
| 2024 | $752,696 | — | — | −$427,696 | $325,000 | $— | $14,598 | Verified |
| 2023 | $798,405 | — | — | −$473,405 | $325,000 | $— | $13,618 | Verified |
| 2022 | $612,400 | — | — | −$212,400 | $400,000 | $— | $15,768 | Verified |
| 2021 | $517,857 | — | — | −$277,857 | $240,000 | $— | $13,330 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +33.2% | +20.0% | 90.1% | Not available | Partial |
| 2025 | -19.4% | -19.4% | ~100% | Not available | Partial |
| 2024 | -2.1% | -2.1% | ~100% | 1.9800% | Verified |
| 2023 | -5.7% | -5.7% | ~100% | 1.8100% | Verified |
| 2022 | +30.4% | +30.4% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.5700% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -3.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +15.6% | +7.5% | +0.7% | +30.4% | 2023 | -21.1% | 2025 |
| Assessment Ratio | 100.0% | 65.9% | — | 100.0% | 2025 | 40.7% | 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 |
$12,146 | $13,892 | ~$12,813 | $15,768 | 2022 | $12,146 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$614,100 | ~$614,100 | ~2.0139% | ~$12,368 | +3.5% |
| 2027 | ~$635,397 | ~$635,397 | ~1.9814% | ~$12,590 | +7.1% |
| 2028 | ~$657,432 | ~$657,432 | ~1.9488% | ~$12,812 | +10.8% |
| 2029 | ~$680,231 | ~$680,231 | ~1.9163% | ~$13,035 | +14.6% |
| 2030 | ~$703,821 | ~$703,821 | ~1.8837% | ~$13,258 | +18.6% |
| 2026 | ~$602,230 | ~$602,230 | ~2.0465% | ~$12,325 | +1.5% |
| 2027 | ~$611,070 | ~$611,070 | ~2.0465% | ~$12,505 | +3.0% |
| 2028 | ~$620,040 | ~$620,040 | ~2.0465% | ~$12,689 | +4.5% |
| 2029 | ~$629,142 | ~$629,142 | ~2.0465% | ~$12,875 | +6.0% |
| 2030 | ~$638,377 | ~$638,377 | ~2.0465% | ~$13,064 | +7.6% |
| 2026 | ~$625,970 | ~$625,970 | ~1.9977% | ~$12,505 | +5.5% |
| 2027 | ~$660,198 | ~$660,198 | ~1.9488% | ~$12,866 | +11.2% |
| 2028 | ~$696,297 | ~$696,297 | ~1.9000% | ~$13,230 | +17.3% |
| 2029 | ~$734,370 | ~$734,370 | ~1.8512% | ~$13,595 | +23.7% |
| 2030 | ~$774,525 | ~$774,525 | ~1.8024% | ~$13,960 | +30.5% |
In 2025, this property's market value of $593,517 places it in the 50th–75th percentile for Multi-Family properties in Travis County (12584 comparable) — +14% 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 | $593,517 | $438,669 | $519,778 | $749,859 | ↑ Above median | -7.5% |
| 2024 | $752,696 | $467,458 | $564,615 | $848,565 | ↑ Above median | -6.3% |
| 2023 | $798,405 | $503,905 | $617,035 | $919,932 | ↑ Above median | +0.9% |
| 2022 | $612,400 | $506,618 | $615,058 | $906,429 | ↓ Below median | +39.1% |
| 2021 | $517,857 | $300,453 | $376,850 | $539,896 | ↑ Above 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.