8930 GALEWOOD DR TX 78758
| Owner | INKUEE V LLC |
|---|---|
| Parcel ID | 0243100112 |
| Short ID | 248721 |
| Type | Real |
| Use Code | 06 Apartment 26–49 Units |
| Valuation | Income |
| Improvement SF | 20,380 SF |
| Land SF | 51,121 SF |
| Acres | 1.174 |
| Year Built | 1980 |
| Legal | LOT 2A3 FIRST RESUB OF LT A3 QUAIL CREEK SEC 6 1ST RESUB |
| Neighborhood | 06NO1 |
| Land | $766,815 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $766,815 |
| Improvement | $5,652,885 |
|---|---|
| Total Improvement | $5,652,885 |
| Market | $6,419,700 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $6,419,700 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $6,419,700 |
| Taxable Value | $6,419,700 |
|---|
Appreciation: Market value has risen +90.9% from $3,362,700 (2021) to $6,419,700 (2025), a CAGR of 17.5% 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 $131,378. 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 12% of market value ($766,815 land vs $5,652,885 improvements), about $15/SF of land. Most value sits in the improvements, so building condition, age (~46 yrs), and rent roll drive the underwriting.
Submarket Position: At $6,419,700, 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 +17.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $14,406,152 by 2030, with an estimated annual tax burden around $194,760. 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.
16 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| SO | Sketch Only | 46,217 SF | ✗ |
| 551 | PAVED AREA | 22,970 SF | ✗ |
| 1ST | 1st Floor | 10,450 SF | ✓ |
| 2ND | 2nd Floor | 9,930 SF | ✓ |
| 591 | MASONRY TRIM SF | 5,110 SF | ✗ |
| 011C | PORCH OPEN 1ST COMM | 2,436 SF | ✗ |
| 012C | PORCH OPEN 2 COMM | 2,031 SF | ✗ |
| 581C | STORAGE ATT COMM | 1,296 SF | ✓ |
| 611 | TERRACE | 828 SF | ✗ |
| 601 | POOL COMM'L | 652 SF | ✗ |
| 501 | CANOPY | 286 SF | ✗ |
| MISC | Miscellaneous | 6 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% | $50,910.06 | $50,910.06 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $28,834.56 | $28,834.56 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $20,681.25 | $20,681.25 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $6,494.33 | $6,494.33 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $5,689.69 | $5,689.69 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $112,609.89 | $112,609.89 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $6,090,302 | $6,419,700 | -5.1% |
| Assessed Value | $6,090,302 | $6,419,700 | -5.1% |
| Land Value | $766,815 | $766,815 | +0.0% |
| Improvement Value | $5,323,487 | $5,652,885 | -5.8% |
| Taxable Value | $6,090,302 | $6,419,700 | -5.1% |
| Total Tax 2026 = estimate |
~$124,637
Estimated
|
~$112,610
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $6,419,700 | $6,090,302 | -329,398 (-5.1%) |
| Taxable Value | $6,419,700 | $6,090,302 | -329,398 (-5.1%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $6,090,302 | $766,815 | $5,323,487 | — | $6,090,302 | $6,090,302 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $6,419,700 | $766,815 | $5,652,885 | — | $6,419,700 | $6,419,700 | ~$112,610 | Partial |
| 2024 | $4,789,300 | — | — | −$4,022,485 | $766,815 | $— | $109,051 | Verified |
| 2023 | $4,330,000 | — | — | −$3,563,185 | $766,815 | $— | $86,650 | Verified |
| 2022 | $4,076,000 | — | — | −$3,309,185 | $766,815 | $— | $85,666 | Verified |
| 2021 | $3,362,700 | — | — | −$2,595,885 | $766,815 | $— | $88,721 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2025 | +16.7% | +16.7% | ~100% | Not available | Partial |
| 2024 | +14.9% | +14.9% | ~100% | 1.9800% | Verified |
| 2023 | +6.8% | +6.8% | ~100% | 1.8100% | Verified |
| 2022 | +10.0% | +10.0% | ~100% | 1.9100% | Verified |
| 2021 | base year | — | ~100% | 2.6400% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +57.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -5.1% | +13.4% | +18.8% | +34.0% | 2025 | -5.1% | 2026 |
| Assessment Ratio | 100.0% | 45.9% | — | 100.0% | 2025 | 16.0% | 2024 |
| Effective Tax Rate (2025) | 1.7500% | 1.7500% | — | 1.7500% | 2025 | 1.7500% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$112,610 | $96,540 | ~$167,505 | $112,610 | 2025 | $85,666 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$7,546,080 | ~$7,061,670 | ~2.0139% | ~$142,218 | +17.5% |
| 2027 | ~$8,870,090 | ~$7,767,837 | ~1.9814% | ~$153,911 | +38.2% |
| 2028 | ~$10,426,407 | ~$8,544,621 | ~1.9488% | ~$166,521 | +62.4% |
| 2029 | ~$12,255,791 | ~$9,399,083 | ~1.9163% | ~$180,114 | +90.9% |
| 2030 | ~$14,406,152 | ~$10,338,991 | ~1.8837% | ~$194,760 | +124.4% |
| 2026 | ~$7,417,686 | ~$7,061,670 | ~2.0465% | ~$144,516 | +15.5% |
| 2027 | ~$8,570,815 | ~$7,767,837 | ~2.0465% | ~$158,968 | +33.5% |
| 2028 | ~$9,903,206 | ~$8,544,621 | ~2.0465% | ~$174,864 | +54.3% |
| 2029 | ~$11,442,726 | ~$9,399,083 | ~2.0465% | ~$192,351 | +78.2% |
| 2030 | ~$13,221,575 | ~$10,338,991 | ~2.0465% | ~$211,586 | +106.0% |
| 2026 | ~$7,674,474 | ~$7,061,670 | ~1.9977% | ~$141,068 | +19.5% |
| 2027 | ~$9,174,501 | ~$7,767,837 | ~1.9488% | ~$151,383 | +42.9% |
| 2028 | ~$10,967,719 | ~$8,544,621 | ~1.9000% | ~$162,349 | +70.8% |
| 2029 | ~$13,111,434 | ~$9,399,083 | ~1.8512% | ~$173,995 | +104.2% |
| 2030 | ~$15,674,152 | ~$10,338,991 | ~1.8024% | ~$186,347 | +144.2% |
In 2025, this property's market value of $6,419,700 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 12× 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 | $6,419,700 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $4,789,300 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $4,330,000 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $4,076,000 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $3,362,700 | $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.