8901 GALEWOOD DR TX 78758
| Owner | TONG STEVEN H |
|---|---|
| Parcel ID | 0243100323 |
| Short ID | 248764 |
| Type | Real |
| Use Code | 05 Apartment 5–25 Units |
| Valuation | Income |
| Improvement SF | 5,088 SF |
| Land SF | 15,797 SF |
| Acres | 0.363 |
| Year Built | 1973 |
| Legal | LOT D10 THIRD RESUB OF LT D QUAIL CREEK SEC 6 |
| Neighborhood | 05NO1 |
| Land | $236,955 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $236,955 |
| Improvement | $638,045 |
|---|---|
| Total Improvement | $638,045 |
| Market | $875,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $875,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $875,000 |
| Taxable Value | $875,000 |
|---|
Appreciation: Market value has risen +32.3% from $661,440 (2021) to $875,000 (2025), a CAGR of 7.2% over 4 years. This represents moderate, steady growth. 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 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 $17,907. 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 27% of market value ($236,955 land vs $638,045 improvements), about $15/SF of land. Most value sits in the improvements, so building condition, age (~53 yrs), and rent roll drive the underwriting.
Submarket Position: At $875,000, 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 +7.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,241,381 by 2030, with an estimated annual tax burden around $23,384. 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.
11 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 5,890 SF | ✗ |
| 1ST | 1st Floor | 2,544 SF | ✓ |
| 2ND | 2nd Floor | 2,544 SF | ✓ |
| SO | Sketch Only | 1,072 SF | ✗ |
| 011C | PORCH OPEN 1ST COMM | 656 SF | ✗ |
| 511 | DECK | 416 SF | ✗ |
| 012C | PORCH OPEN 2 COMM | 240 SF | ✗ |
| 581C | STORAGE ATT COMM | 54 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% | $8,095.50 | $8,095.50 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $4,585.15 | $4,585.15 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,288.64 | $3,288.64 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,032.70 | $1,032.70 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $904.75 | $904.75 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $17,906.74 | $17,906.74 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $830,000 | $875,000 | -5.1% |
| Assessed Value | $830,000 | $875,000 | -5.1% |
| Land Value | $236,955 | $236,955 | +0.0% |
| Improvement Value | $593,045 | $638,045 | -7.1% |
| Taxable Value | $830,000 | $875,000 | -5.1% |
| Total Tax 2026 = estimate |
~$16,986
Estimated
|
~$17,907
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $830,000 | $830,000 | +0 (+0.0%) |
| Taxable Value | $830,000 | $830,000 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $830,000 | $236,955 | $593,045 | — | $830,000 | $830,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $875,000 | $236,955 | $638,045 | — | $875,000 | $875,000 | ~$17,907 | Partial |
| 2024 | $834,765 | — | — | −$597,810 | $236,955 | $— | $16,325 | Verified |
| 2023 | $789,830 | — | — | −$552,875 | $236,955 | $— | $15,103 | Verified |
| 2022 | $718,020 | — | — | −$481,065 | $236,955 | $— | $15,599 | Verified |
| 2021 | $661,440 | — | — | −$424,485 | $236,955 | $— | $15,629 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -5.1% | -5.1% | ~100% | Not available | Partial |
| 2025 | +1.2% | +1.2% | ~100% | Not available | Partial |
| 2024 | +0.0% | +0.0% | ~100% | 1.8900% | Verified |
| 2023 | +0.0% | +0.0% | ~100% | 1.7500% | Verified |
| 2022 | +6.2% | +6.2% | ~100% | 1.8000% | Verified |
| 2021 | base year | — | ~100% | 2.3600% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +7.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -5.1% | +4.8% | +8.4% | +10.0% | 2023 | -5.1% | 2026 |
| Assessment Ratio | 100.0% | 54.5% | — | 100.0% | 2025 | 28.4% | 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 |
$17,907 | $16,112 | ~$21,088 | $17,907 | 2025 | $15,103 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$938,399 | ~$938,399 | ~2.0139% | ~$18,899 | +7.2% |
| 2027 | ~$1,006,391 | ~$1,006,391 | ~1.9814% | ~$19,941 | +15.0% |
| 2028 | ~$1,079,310 | ~$1,079,310 | ~1.9488% | ~$21,034 | +23.3% |
| 2029 | ~$1,157,512 | ~$1,157,512 | ~1.9163% | ~$22,181 | +32.3% |
| 2030 | ~$1,241,381 | ~$1,241,381 | ~1.8837% | ~$23,384 | +41.9% |
| 2026 | ~$920,899 | ~$920,899 | ~2.0465% | ~$18,846 | +5.2% |
| 2027 | ~$969,205 | ~$969,205 | ~2.0465% | ~$19,835 | +10.8% |
| 2028 | ~$1,020,046 | ~$1,020,046 | ~2.0465% | ~$20,875 | +16.6% |
| 2029 | ~$1,073,553 | ~$1,073,553 | ~2.0465% | ~$21,970 | +22.7% |
| 2030 | ~$1,129,867 | ~$1,129,867 | ~2.0465% | ~$23,123 | +29.1% |
| 2026 | ~$955,899 | ~$955,899 | ~1.9977% | ~$19,096 | +9.2% |
| 2027 | ~$1,044,277 | ~$1,044,277 | ~1.9488% | ~$20,351 | +19.3% |
| 2028 | ~$1,140,827 | ~$1,140,827 | ~1.9000% | ~$21,676 | +30.4% |
| 2029 | ~$1,246,303 | ~$1,246,303 | ~1.8512% | ~$23,071 | +42.4% |
| 2030 | ~$1,361,531 | ~$1,361,531 | ~1.8024% | ~$24,540 | +55.6% |
In 2025, this property's market value of $875,000 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — +68% 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 | $875,000 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $834,765 | $467,458 | $564,615 | $848,565 | ↑ Above median | -6.3% |
| 2023 | $789,830 | $503,905 | $617,035 | $919,932 | ↑ Above median | +0.9% |
| 2022 | $718,020 | $506,618 | $615,058 | $906,429 | ↑ Above median | +39.1% |
| 2021 | $661,440 | $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.