1904 WEST LOOP TX 78758
| Owner | READING MARCUS D |
|---|---|
| Parcel ID | 0244110803 |
| Short ID | 250135 |
| Type | Real |
| Use Code | 04 Fourplex |
| Valuation | Income |
| Improvement SF | 3,908 SF |
| Land SF | 7,191 SF |
| Acres | 0.165 |
| Year Built | 1982 |
| Legal | LOT 10 BLK A VILLAS ON WALNUT CREEK THE |
| Neighborhood | W1005 |
| Land | $210,372 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $210,372 |
| Improvement | $452,993 |
|---|---|
| Total Improvement | $452,993 |
| Market | $663,365 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $663,365 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $663,365 |
| Taxable Value | $663,365 |
|---|
Appreciation: Market value has risen +63.1% from $406,660 (2021) to $663,365 (2025), a CAGR of 13.0% 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 $13,576. 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 32% of market value ($210,372 land vs $452,993 improvements), about $29/SF of land. Most value sits in the improvements, so building condition, age (~44 yrs), and rent roll drive the underwriting.
Submarket Position: At $663,365, 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 +13.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,222,937 by 2030, with an estimated annual tax burden around $20,125. 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 | 3,908 SF | ✗ |
| 1ST | 1st Floor | 1,954 SF | ✓ |
| 2ND | 2nd Floor | 1,954 SF | ✓ |
| 012 | PORCH OPEN 2ND F | 302 SF | ✗ |
| 011 | PORCH OPEN 1ST F | 170 SF | ✗ |
| 251 | BATHROOM | 5 SF | ✓ |
| 522 | FIREPLACE | 4 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% | $6,137.45 | $6,137.45 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $3,476.15 | $3,476.15 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,493.22 | $2,493.22 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $782.92 | $782.92 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $685.92 | $685.92 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $13,575.66 | $13,575.66 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $640,787 | $663,365 | -3.4% |
| Assessed Value | $640,787 | $663,365 | -3.4% |
| Land Value | $105,186 | $210,372 | -50.0% |
| Improvement Value | $535,601 | $452,993 | +18.2% |
| Taxable Value | $640,787 | $663,365 | -3.4% |
| Total Tax 2026 = estimate |
~$13,114
Estimated
|
~$13,576
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $699,074 | $640,787 | -58,287 (-8.3%) |
| Taxable Value | $699,074 | $640,787 | -58,287 (-8.3%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $640,787 | $105,186 | $535,601 | — | $640,787 | $640,787 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $663,365 | $210,372 | $452,993 | — | $663,365 | $663,365 | ~$13,576 | Partial |
| 2024 | $661,849 | — | — | −$461,849 | $200,000 | $— | $13,596 | Verified |
| 2023 | $700,901 | — | — | −$425,901 | $275,000 | $— | $11,974 | Verified |
| 2022 | $525,500 | — | — | −$250,500 | $275,000 | $— | $13,842 | Verified |
| 2021 | $406,660 | — | — | −$281,660 | $125,000 | $— | $11,438 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +5.4% | +5.4% | ~100% | Not available | Partial |
| 2025 | -3.3% | -3.3% | ~100% | Not available | Partial |
| 2024 | +3.7% | +3.7% | ~100% | 1.9800% | Verified |
| 2023 | -5.6% | -5.6% | ~100% | 1.8100% | Verified |
| 2022 | +33.0% | +33.0% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.8100% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +25.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -3.4% | +10.8% | +13.8% | +33.4% | 2023 | -5.6% | 2024 |
| Assessment Ratio | 100.0% | 58.7% | — | 100.0% | 2025 | 30.2% | 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 |
$13,576 | $12,885 | ~$17,309 | $13,842 | 2022 | $11,438 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$749,692 | ~$729,702 | ~2.0139% | ~$14,696 | +13.0% |
| 2027 | ~$847,253 | ~$802,672 | ~1.9814% | ~$15,904 | +27.7% |
| 2028 | ~$957,510 | ~$882,939 | ~1.9488% | ~$17,207 | +44.3% |
| 2029 | ~$1,082,116 | ~$971,233 | ~1.9163% | ~$18,612 | +63.1% |
| 2030 | ~$1,222,937 | ~$1,068,356 | ~1.8837% | ~$20,125 | +84.4% |
| 2026 | ~$736,425 | ~$729,702 | ~2.0465% | ~$14,933 | +11.0% |
| 2027 | ~$817,531 | ~$802,672 | ~2.0465% | ~$16,427 | +23.2% |
| 2028 | ~$907,569 | ~$882,939 | ~2.0465% | ~$18,069 | +36.8% |
| 2029 | ~$1,007,524 | ~$971,233 | ~2.0465% | ~$19,876 | +51.9% |
| 2030 | ~$1,118,488 | ~$1,068,356 | ~2.0465% | ~$21,864 | +68.6% |
| 2026 | ~$762,959 | ~$729,702 | ~1.9977% | ~$14,577 | +15.0% |
| 2027 | ~$877,506 | ~$802,672 | ~1.9488% | ~$15,643 | +32.3% |
| 2028 | ~$1,009,250 | ~$882,939 | ~1.9000% | ~$16,776 | +52.1% |
| 2029 | ~$1,160,774 | ~$971,233 | ~1.8512% | ~$17,979 | +75.0% |
| 2030 | ~$1,335,047 | ~$1,068,356 | ~1.8024% | ~$19,256 | +101.3% |
In 2025, this property's market value of $663,365 places it in the 50th–75th percentile for Multi-Family properties in Travis County (12584 comparable) — +28% 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 | $663,365 | $438,669 | $519,778 | $749,859 | ↑ Above median | -7.5% |
| 2024 | $661,849 | $467,458 | $564,615 | $848,565 | ↑ Above median | -6.3% |
| 2023 | $700,901 | $503,905 | $617,035 | $919,932 | ↑ Above median | +0.9% |
| 2022 | $525,500 | $506,618 | $615,058 | $906,429 | ↓ Below median | +39.1% |
| 2021 | $406,660 | $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.