9049 GALEWOOD DR TX 78758
| Owner | 8TH DAY HOLDINGS LLC |
|---|---|
| Parcel ID | 0243100320 |
| Short ID | 248761 |
| Type | Real |
| Use Code | 05 Apartment 5–25 Units |
| Valuation | Income |
| Improvement SF | 6,506 SF |
| Land SF | 15,297 SF |
| Acres | 0.351 |
| Year Built | 1972 |
| Legal | LOT D2 SECOND RESUB OF LT D QUAIL CREEK SEC 6 |
| Neighborhood | 05NO1 |
| Land | $229,455 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $229,455 |
| Improvement | $710,545 |
|---|---|
| Total Improvement | $710,545 |
| Market | $940,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $940,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $940,000 |
| Taxable Value | $940,000 |
|---|
Appreciation: Market value has risen +20.4% from $780,720 (2021) to $940,000 (2025), a CAGR of 4.8% over 4 years. This represents moderate, steady growth. Most of this growth came in a single year (2025→2026), 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 $19,237. 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 24% of market value ($229,455 land vs $710,545 improvements), about $15/SF of land. Most value sits in the improvements, so building condition, age (~54 yrs), and rent roll drive the underwriting.
Submarket Position: At $940,000, 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 +4.8% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,185,546 by 2030, with an estimated annual tax burden around $22,333. 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.
9 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 5,890 SF | ✗ |
| 1ST | 1st Floor | 3,253 SF | ✓ |
| 2ND | 2nd Floor | 3,253 SF | ✓ |
| 591 | MASONRY TRIM SF | 2,175 SF | ✗ |
| 011C | PORCH OPEN 1ST COMM | 574 SF | ✗ |
| 012C | PORCH OPEN 2 COMM | 574 SF | ✗ |
| 132 | PLBG 5-FIXT AVG | 1 SF | ✓ |
| 269 | OBS RANGE DRP-IN | 1 SF | ✓ |
| 413 | STAIRWAY EXT | 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% | $8,696.88 | $8,696.88 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $4,925.76 | $4,925.76 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,532.94 | $3,532.94 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,109.42 | $1,109.42 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $971.96 | $971.96 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $19,236.96 | $19,236.96 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,190,558 | $940,000 | +26.7% |
| Assessed Value | $1,128,000 | $940,000 | +20.0% |
| Land Value | $229,455 | $229,455 | +0.0% |
| Improvement Value | $961,103 | $710,545 | +35.3% |
| Taxable Value | $1,128,000 | $940,000 | +20.0% |
| HS Cap Loss | -$62,558 | — | |
| Total Tax 2026 = estimate |
~$23,084
Estimated
|
~$19,237
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,301,200 | $1,190,558 | -110,642 (-8.5%) |
| Taxable Value | $1,128,000 | $1,128,000 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,190,558 | $229,455 | $961,103 | −$62,558 | $1,128,000 | $1,128,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $940,000 | $229,455 | $710,545 | — | $940,000 | $940,000 | ~$19,237 | Partial |
| 2024 | $1,040,960 | — | — | −$811,505 | $229,455 | $— | $21,919 | Verified |
| 2023 | $958,000 | — | — | −$728,545 | $229,455 | $— | $18,834 | Verified |
| 2022 | $844,500 | — | — | −$615,045 | $229,455 | $— | $18,920 | Verified |
| 2021 | $780,720 | — | — | −$551,265 | $229,455 | $— | $18,382 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +38.4% | +20.0% | 86.7% | Not available | Partial |
| 2025 | -15.0% | -15.0% | ~100% | Not available | Partial |
| 2024 | +6.2% | +6.2% | ~100% | 1.9800% | Verified |
| 2023 | +0.0% | +0.0% | ~100% | 1.8100% | Verified |
| 2022 | +0.0% | +0.0% | ~100% | 1.8200% | Verified |
| 2021 | base year | — | ~100% | 2.3500% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -9.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +26.7% | +9.5% | +0.3% | +26.7% | 2026 | -9.7% | 2025 |
| Assessment Ratio | 94.7% | 49.6% | — | 100.0% | 2025 | 22.0% | 2024 |
| 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 |
$19,237 | $19,458 | ~$21,069 | $21,919 | 2024 | $18,382 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$984,659 | ~$984,659 | ~2.0139% | ~$19,830 | +4.8% |
| 2027 | ~$1,031,440 | ~$1,031,440 | ~1.9814% | ~$20,437 | +9.7% |
| 2028 | ~$1,080,444 | ~$1,080,444 | ~1.9488% | ~$21,056 | +14.9% |
| 2029 | ~$1,131,776 | ~$1,131,776 | ~1.9163% | ~$21,688 | +20.4% |
| 2030 | ~$1,185,546 | ~$1,185,546 | ~1.8837% | ~$22,333 | +26.1% |
| 2026 | ~$965,859 | ~$965,859 | ~2.0465% | ~$19,766 | +2.8% |
| 2027 | ~$992,430 | ~$992,430 | ~2.0465% | ~$20,310 | +5.6% |
| 2028 | ~$1,019,732 | ~$1,019,732 | ~2.0465% | ~$20,869 | +8.5% |
| 2029 | ~$1,047,784 | ~$1,047,784 | ~2.0465% | ~$21,443 | +11.5% |
| 2030 | ~$1,076,609 | ~$1,076,609 | ~2.0465% | ~$22,033 | +14.5% |
| 2026 | ~$1,003,459 | ~$1,003,459 | ~1.9977% | ~$20,046 | +6.8% |
| 2027 | ~$1,071,203 | ~$1,071,203 | ~1.9488% | ~$20,876 | +14.0% |
| 2028 | ~$1,143,520 | ~$1,143,520 | ~1.9000% | ~$21,727 | +21.7% |
| 2029 | ~$1,220,718 | ~$1,220,718 | ~1.8512% | ~$22,598 | +29.9% |
| 2030 | ~$1,303,129 | ~$1,303,129 | ~1.8024% | ~$23,487 | +38.6% |
In 2025, this property's market value of $940,000 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — +81% 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 | $940,000 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $1,040,960 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $958,000 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $844,500 | $506,618 | $615,058 | $906,429 | ↑ Above median | +39.1% |
| 2021 | $780,720 | $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.