2218 MISSION HILL DR TX 78741
| Owner | PODASHEV BORIS M |
|---|---|
| Parcel ID | 0311041024 |
| Short ID | 291227 |
| Type | Real |
| Use Code | 04 Fourplex |
| Valuation | Income |
| Improvement SF | 3,612 SF |
| Land SF | 8,421 SF |
| Acres | 0.193 |
| Year Built | 1969 |
| Legal | LOT 2 MISSION HILL SEC 2 |
| Neighborhood | F0786 |
| Land | $252,634 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $252,634 |
| Improvement | $433,128 |
|---|---|
| Total Improvement | $433,128 |
| Market | $685,762 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $685,762 |
| Value Limitation Adjustment (−) (homestead cap) | −$3,494 |
| Net Appraised (assessed) | $682,268 |
| Exemptions (−) (HS) | −$136,454 |
|---|---|
| Taxable Value | $545,814 |
Appreciation: Market value has risen +28.4% from $534,138 (2021) to $685,762 (2025), a CAGR of 6.4% over 4 years. This represents moderate, steady growth. 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 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 $11,170. Austin ISD is the largest single contributor, at 44.5% of the total 2025 levy.
Assessment Gap: Assessed value ($682,268) is $3,494 below market value, suggesting potential for an upward assessment in future years.
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 37% of market value ($252,634 land vs $433,128 improvements), about $30/SF of land. Most value sits in the improvements, so building condition, age (~57 yrs), and rent roll drive the underwriting.
Submarket Position: At $685,762, 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 +6.5% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $937,181 by 2030, with an estimated annual tax burden around $17,654. 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 | 3,612 SF | ✗ |
| 551 | PAVED AREA | 3,000 SF | ✗ |
| 1ST | 1st Floor | 1,806 SF | ✓ |
| 2ND | 2nd Floor | 1,806 SF | ✓ |
| 613 | TERRACE COVERED | 340 SF | ✗ |
| 612 | TERRACE UNCOVERD | 260 SF | ✗ |
| 581 | STORAGE ATT | 160 SF | ✓ |
| 251 | BATHROOM | 6 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% | $5,017.06 | $5,017.06 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $2,860.16 | $2,860.16 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,051.41 | $2,051.41 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $698.41 | $698.41 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $644.19 | $644.19 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $11,271.23 | $11,271.23 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $562,381 | $685,762 | -18.0% |
| Assessed Value | $562,381 | $682,268 | -17.6% |
| Land Value | $230,268 | $252,634 | -8.9% |
| Improvement Value | $332,113 | $433,128 | -23.3% |
| Taxable Value | $449,905 | $545,814 | -17.6% |
| Exemptions | HS | HS | |
| Total Tax 2026 = estimate |
~$9,207
Estimated
|
~$11,271
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $562,381 | $562,381 | +0 (+0.0%) |
| Taxable Value | $449,905 | $449,905 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $562,381 | $230,268 | $332,113 | — | $562,381 | $449,905 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $685,762 | $252,634 | $433,128 | −$3,494 | $682,268 | $545,814 | ~$11,271 | Partial |
| 2024 | $655,000 | — | — | −$355,000 | $300,000 | $— | $10,182 | Verified |
| 2023 | $655,000 | — | — | −$480,000 | $175,000 | $— | $9,870 | Verified |
| 2022 | $512,445 | — | — | −$337,445 | $175,000 | $— | $11,566 | Verified |
| 2021 | $534,138 | — | — | −$359,138 | $175,000 | $— | $11,154 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -18.0% | -17.6% | ~100% | Not available | Partial |
| 2025 | +10.6% | +10.0% | 99.5% | Not available | Partial |
| 2024 | -7.6% | -7.6% | ~100% | 1.6400% | Verified |
| 2023 | +2.5% | +2.5% | ~100% | 1.4700% | Verified |
| 2022 | +27.8% | +27.8% | ~100% | 1.7700% | Verified |
| 2021 | base year | — | ~100% | 2.0900% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +33.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -18.0% | +2.1% | +11.1% | +27.8% | 2023 | -18.0% | 2026 |
| Assessment Ratio | 100.0% | 56.5% | — | 100.0% | 2026 | 26.7% | 2023 |
| Effective Tax Rate (2025) | 1.6400% | 1.6400% | — | 1.6400% | 2025 | 1.6400% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$11,271 | $10,809 | ~$16,148 | $11,566 | 2022 | $9,870 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$729,967 | ~$729,967 | ~2.0139% | ~$14,701 | +6.4% |
| 2027 | ~$777,022 | ~$777,022 | ~1.9814% | ~$15,396 | +13.3% |
| 2028 | ~$827,110 | ~$827,110 | ~1.9488% | ~$16,119 | +20.6% |
| 2029 | ~$880,427 | ~$880,427 | ~1.9163% | ~$16,872 | +28.4% |
| 2030 | ~$937,181 | ~$937,181 | ~1.8837% | ~$17,654 | +36.7% |
| 2026 | ~$716,252 | ~$716,252 | ~2.0465% | ~$14,658 | +4.4% |
| 2027 | ~$748,098 | ~$748,098 | ~2.0465% | ~$15,310 | +9.1% |
| 2028 | ~$781,359 | ~$781,359 | ~2.0465% | ~$15,990 | +13.9% |
| 2029 | ~$816,100 | ~$816,100 | ~2.0465% | ~$16,701 | +19.0% |
| 2030 | ~$852,385 | ~$852,385 | ~2.0465% | ~$17,444 | +24.3% |
| 2026 | ~$743,683 | ~$743,683 | ~1.9977% | ~$14,856 | +8.4% |
| 2027 | ~$806,495 | ~$806,495 | ~1.9488% | ~$15,717 | +17.6% |
| 2028 | ~$874,613 | ~$874,613 | ~1.9000% | ~$16,618 | +27.5% |
| 2029 | ~$948,484 | ~$948,484 | ~1.8512% | ~$17,558 | +38.3% |
| 2030 | ~$1,028,595 | ~$1,028,595 | ~1.8024% | ~$18,539 | +50.0% |
In 2025, this property's market value of $685,762 places it in the 50th–75th percentile for Multi-Family properties in Travis County (12584 comparable) — +32% 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 | $685,762 | $438,669 | $519,778 | $749,859 | ↑ Above median | -7.5% |
| 2024 | $655,000 | $467,458 | $564,615 | $848,565 | ↑ Above median | -6.3% |
| 2023 | $655,000 | $503,905 | $617,035 | $919,932 | ↑ Above median | +0.9% |
| 2022 | $512,445 | $506,618 | $615,058 | $906,429 | ↓ Below median | +39.1% |
| 2021 | $534,138 | $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.