2209 WOODLAND AVE TX 78704
| Owner | WOODLAND PARK AUSTIN LLC |
|---|---|
| Parcel ID | 0305060814 |
| Short ID | 913203 |
| Type | Real |
| Use Code | 06 Apartment 26–49 Units |
| Valuation | Income |
| Improvement SF | 66,406 SF |
| Land SF | 70,132 SF |
| Acres | 1.610 |
| Year Built | 2024 |
| Legal | LOT 1A BLK A WOODLAND PARK AMD LTS 1-8 BLK A WILLOW PARK |
| Neighborhood | 1SE1 |
| Land | $1,402,632 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,402,632 |
| Improvement | $8,846,602 |
|---|---|
| Total Improvement | $8,846,602 |
| Market | $10,249,234 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $10,249,234 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $10,249,234 |
| Taxable Value | $10,249,234 |
|---|
Appreciation: Market value has risen +630.7% from $1,402,632 (2021) to $10,249,234 (2025), a CAGR of 64.4% over 4 years. This is strong appreciation — well above typical inflation. 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 $209,749. 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 14% of market value ($1,402,632 land vs $8,846,602 improvements), about $20/SF of land. Most value sits in the improvements, so building condition, age (~2 yrs), and rent roll drive the underwriting.
Submarket Position: At $10,249,234, 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 +64.4% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $123,133,434 by 2030, with an estimated annual tax burden around $2,319,517. 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.
3 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 66,406 SF | ✓ |
| 551 | PAVED AREA | 16,000 SF | ✗ |
| 601 | POOL COMM'L | 648 SF | ✗ |
Market value changed by 631% in 2025, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| 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% | $94,825.91 | $94,825.91 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $53,707.73 | $53,707.73 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $38,521.23 | $38,521.23 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $12,096.45 | $12,096.45 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $10,597.71 | $10,597.71 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $209,749.03 | $209,749.03 | Paid |
| 2026 Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | — | $10,249,234 | — |
| Assessed Value | — | $10,249,234 | — |
| Land Value | — | $1,402,632 | — |
| Improvement Value | — | $8,846,602 | — |
| Taxable Value | — | $10,249,234 | — |
| Total Tax | Pending certification |
~$209,749
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2025 | $10,249,234 | $1,402,632 | $8,846,602 | — | $10,249,234 | $10,249,234 | ~$209,749 | Partial |
| 2024 | $— | — | — | — | $1,402,632 | $— | $27,798 | Verified |
| 2023 | $— | — | — | — | $1,402,632 | $— | $25,377 | Verified |
| 2022 | $— | — | — | — | $1,402,632 | $— | $27,701 | Verified |
| 2021 | $1,402,632 | — | — | — | $1,402,632 | $— | $30,531 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2025 | +630.7% ! | +630.7% | ~100% | Not available | Partial |
| 2024 | +0.0% | +0.0% | ~100% | 1.9800% | Verified |
| 2023 | +0.0% | +0.0% | ~100% | 1.8100% | Verified |
| 2022 | +0.0% | +0.0% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +630.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +630.7% | +630.7% | +64.4% | +630.7% | 2025 | +630.7% | 2025 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2021 | 100.0% | 2021 |
| 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 |
$209,749 | $120,140 | ~$1,106,145 | $209,749 | 2025 | $30,531 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$16,851,103 | ~$16,851,103 | ~2.0139% | ~$339,371 | +64.4% |
| 2027 | ~$27,705,452 | ~$27,705,452 | ~1.9814% | ~$548,953 | +170.3% |
| 2028 | ~$45,551,445 | ~$45,551,445 | ~1.9488% | ~$887,725 | +344.4% |
| 2029 | ~$74,892,629 | ~$74,892,629 | ~1.9163% | ~$1,435,161 | +630.7% |
| 2030 | ~$123,133,434 | ~$123,133,434 | ~1.8837% | ~$2,319,517 | +1101.4% |
| 2026 | ~$16,646,118 | ~$16,646,118 | ~2.0465% | ~$340,660 | +62.4% |
| 2027 | ~$27,035,508 | ~$27,035,508 | ~2.0465% | ~$553,278 | +163.8% |
| 2028 | ~$43,909,257 | ~$43,909,257 | ~2.0465% | ~$898,596 | +328.4% |
| 2029 | ~$71,314,469 | ~$71,314,469 | ~2.0465% | ~$1,459,440 | +595.8% |
| 2030 | ~$115,824,174 | ~$115,824,174 | ~2.0465% | ~$2,370,324 | +1030.1% |
| 2026 | ~$17,056,087 | ~$17,056,087 | ~1.9977% | ~$340,723 | +66.4% |
| 2027 | ~$28,383,596 | ~$28,383,596 | ~1.9488% | ~$553,151 | +176.9% |
| 2028 | ~$47,234,075 | ~$47,234,075 | ~1.9000% | ~$897,455 | +360.9% |
| 2029 | ~$78,603,778 | ~$78,603,778 | ~1.8512% | ~$1,455,108 | +666.9% |
| 2030 | ~$130,807,132 | ~$130,807,132 | ~1.8024% | ~$2,357,630 | +1176.3% |
In 2025, this property's market value of $10,249,234 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 20× 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 | $10,249,234 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | — | $467,458 | $564,615 | $848,565 | — | -6.3% |
| 2023 | — | $503,905 | $617,035 | $919,932 | — | +0.9% |
| 2022 | — | $506,618 | $615,058 | $906,429 | — | +39.1% |
| 2021 | $1,402,632 | $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.