2217 MISSION HILL DR TX 78741
| Owner | SUREKA AMOD OMPRAKASH & |
|---|---|
| Parcel ID | 0311041102 |
| Short ID | 291230 |
| Type | Real |
| Use Code | 04 Fourplex |
| Valuation | Income |
| Improvement SF | 3,612 SF |
| Land SF | 8,410 SF |
| Acres | 0.193 |
| Year Built | 1968 |
| Legal | LOT 16 MISSION HILL SEC 2 |
| Neighborhood | F0786 |
| Land | $252,562 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $252,562 |
| Improvement | $444,681 |
|---|---|
| Total Improvement | $444,681 |
| Market | $697,243 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $697,243 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $697,243 |
| Taxable Value | $697,243 |
|---|
Appreciation: Market value has risen +20.4% from $578,885 (2021) to $697,243 (2025), a CAGR of 4.8% 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 $14,269. 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 36% of market value ($252,562 land vs $444,681 improvements), about $30/SF of land. Most value sits in the improvements, so building condition, age (~58 yrs), and rent roll drive the underwriting.
Submarket Position: At $697,243, 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 +4.8% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $879,780 by 2030, with an estimated annual tax burden around $16,573. 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.
7 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 095 | HVAC RESIDENTIAL | 3,612 SF | ✗ |
| 1ST | 1st Floor | 1,806 SF | ✓ |
| 2ND | 2nd Floor | 1,806 SF | ✓ |
| 551 | PAVED AREA | 1,700 SF | ✗ |
| 612 | TERRACE UNCOVERD | 336 SF | ✗ |
| 581 | STORAGE ATT | 126 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% | $6,450.89 | $6,450.89 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $3,653.67 | $3,653.67 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,620.55 | $2,620.55 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $822.91 | $822.91 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $720.95 | $720.95 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $14,268.97 | $14,268.97 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $549,000 | $697,243 | -21.3% |
| Assessed Value | $549,000 | $697,243 | -21.3% |
| Land Value | $230,123 | $252,562 | -8.9% |
| Improvement Value | $318,877 | $444,681 | -28.3% |
| Taxable Value | $549,000 | $697,243 | -21.3% |
| Total Tax 2026 = estimate |
~$11,235
Estimated
|
~$14,269
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $549,000 | $549,000 | +0 (+0.0%) |
| Taxable Value | $549,000 | $549,000 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $549,000 | $230,123 | $318,877 | — | $549,000 | $549,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $697,243 | $252,562 | $444,681 | — | $697,243 | $697,243 | ~$14,269 | Partial |
| 2024 | $707,930 | — | — | −$407,930 | $300,000 | $— | $11,952 | Verified |
| 2023 | $786,502 | — | — | −$611,502 | $175,000 | $— | $12,808 | Verified |
| 2022 | $581,288 | — | — | −$406,288 | $175,000 | $— | $15,533 | Verified |
| 2021 | $578,885 | — | — | −$403,885 | $175,000 | $— | $12,653 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -21.3% | -21.3% | ~100% | Not available | Partial |
| 2025 | +15.6% | +15.6% | ~100% | Not available | Partial |
| 2024 | -14.8% | -14.8% | ~100% | 1.9800% | Verified |
| 2023 | -10.0% | -10.0% | ~100% | 1.8100% | Verified |
| 2022 | +35.3% | +35.3% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1900% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +19.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -21.3% | +0.6% | +10.4% | +35.3% | 2023 | -21.3% | 2026 |
| Assessment Ratio | 100.0% | 54.2% | — | 100.0% | 2025 | 22.3% | 2023 |
| 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 |
$14,269 | $13,443 | ~$15,632 | $15,533 | 2022 | $11,952 | 2024 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$730,436 | ~$730,436 | ~2.0139% | ~$14,711 | +4.8% |
| 2027 | ~$765,209 | ~$765,209 | ~1.9814% | ~$15,162 | +9.7% |
| 2028 | ~$801,638 | ~$801,638 | ~1.9488% | ~$15,623 | +15.0% |
| 2029 | ~$839,800 | ~$839,800 | ~1.9163% | ~$16,093 | +20.4% |
| 2030 | ~$879,780 | ~$879,780 | ~1.8837% | ~$16,573 | +26.2% |
| 2026 | ~$716,491 | ~$716,491 | ~2.0465% | ~$14,663 | +2.8% |
| 2027 | ~$736,271 | ~$736,271 | ~2.0465% | ~$15,068 | +5.6% |
| 2028 | ~$756,596 | ~$756,596 | ~2.0465% | ~$15,484 | +8.5% |
| 2029 | ~$777,483 | ~$777,483 | ~2.0465% | ~$15,911 | +11.5% |
| 2030 | ~$798,946 | ~$798,946 | ~2.0465% | ~$16,350 | +14.6% |
| 2026 | ~$744,381 | ~$744,381 | ~1.9977% | ~$14,870 | +6.8% |
| 2027 | ~$794,705 | ~$794,705 | ~1.9488% | ~$15,488 | +14.0% |
| 2028 | ~$848,432 | ~$848,432 | ~1.9000% | ~$16,120 | +21.7% |
| 2029 | ~$905,791 | ~$905,791 | ~1.8512% | ~$16,768 | +29.9% |
| 2030 | ~$967,028 | ~$967,028 | ~1.8024% | ~$17,429 | +38.7% |
In 2025, this property's market value of $697,243 places it in the 50th–75th percentile for Multi-Family properties in Travis County (12584 comparable) — +34% 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 | $697,243 | $438,669 | $519,778 | $749,859 | ↑ Above median | -7.5% |
| 2024 | $707,930 | $467,458 | $564,615 | $848,565 | ↑ Above median | -6.3% |
| 2023 | $786,502 | $503,905 | $617,035 | $919,932 | ↑ Above median | +0.9% |
| 2022 | $581,288 | $506,618 | $615,058 | $906,429 | ↓ Below median | +39.1% |
| 2021 | $578,885 | $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.