1021 W MILTON ST TX 78704
| Owner | JOSEPHSON ANA & FRANCISCO D JOSEPHSON |
|---|---|
| Parcel ID | 0400041020 |
| Short ID | 302253 |
| Type | Real |
| Use Code | 02 Duplex |
| Valuation | Cost |
| Improvement SF | 2,420 SF |
| Land SF | 10,176 SF |
| Acres | 0.234 |
| Year Built | 2013 |
| Legal | LOT 11&16 BLK G CAPITAL HEIGHTS |
| Neighborhood | K1005 |
| Land | $571,530 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $571,530 |
| Improvement | $448,619 |
|---|---|
| Total Improvement | $448,619 |
| Market | $1,020,149 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,020,149 |
| Value Limitation Adjustment (−) (homestead cap) | −$35,328 |
| Net Appraised (assessed) | $984,821 |
| Exemptions (−) (HS,OV65) | −$340,184 |
|---|---|
| Taxable Value | $644,637 |
Appreciation: Market value has risen +51.0% from $675,800 (2021) to $1,020,149 (2025), a CAGR of 10.8% 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 $13,192. Austin ISD is the largest single contributor, at 32.6% of the total 2025 levy.
Assessment Gap: Assessed value ($984,821) is $35,328 below market value, suggesting potential for an upward assessment in future years.
Asset Class: Multi-family residential. This is valued using the cost approach, tied more to replacement cost and physical condition than to income performance.
Value Composition: Land carries 56% of market value ($571,530 land vs $448,619 improvements), about $56/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $1,020,149, 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 +10.8% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,706,948 by 2030, with an estimated annual tax burden around $29,877. 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.
10 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 095 | HVAC RESIDENTIAL | 2,420 SF | ✗ |
| 1ST | 1st Floor | 1,210 SF | ✓ |
| 2ND | 2nd Floor | 1,210 SF | ✓ |
| 012 | PORCH OPEN 2ND F | 276 SF | ✗ |
| 011 | PORCH OPEN 1ST F | 246 SF | ✗ |
| 513 | DECK COVERED | 226 SF | ✗ |
| 581 | STORAGE ATT | 50 SF | ✓ |
| 252 | BEDROOMS | 4 SF | ✓ |
| 250 | HALF BATHROOM | 2 SF | ✓ |
| 251 | BATHROOM | 2 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% | $3,310.31 | $3,310.31 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $3,122.39 | $3,122.39 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,422.84 | $2,422.84 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $711.27 | $711.27 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $582.63 | $582.63 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $10,149.44 | $10,149.44 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $617,631 | $1,020,149 | -39.5% |
| Assessed Value | $617,631 | $984,821 | -37.3% |
| Land Value | $514,377 | $571,530 | -10.0% |
| Improvement Value | $103,254 | $448,619 | -77.0% |
| Taxable Value | $348,836 | $644,637 | -45.9% |
| Exemptions | HS,OV65 | HS,OV65 | |
| Total Tax 2026 = estimate |
~$7,139
Estimated
|
~$10,149
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $737,069 | $617,631 | -119,438 (-16.2%) |
| Taxable Value | $446,435 | $348,836 | -97,599 (-21.9%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $617,631 | $514,377 | $103,254 | — | $617,631 | $348,836 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,020,149 | $571,530 | $448,619 | −$35,328 | $984,821 | $644,637 | ~$10,149 | Partial |
| 2024 | $1,317,312 | — | — | −$599,562 | $717,750 | $— | $10,207 | Verified |
| 2023 | $1,532,365 | — | — | −$814,615 | $717,750 | $— | $9,987 | Verified |
| 2022 | $888,000 | — | — | −$170,250 | $717,750 | $— | $12,265 | Verified |
| 2021 | $675,800 | — | — | −$205,550 | $470,250 | $— | $12,419 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -27.7% | -25.2% | ~100% | Not available | Partial |
| 2025 | +13.9% | +10.0% | 96.5% | Not available | Partial |
| 2024 | -32.0% | -0.5% | ~100% | 1.1400% | Verified |
| 2023 | -14.0% | +10.0% | 68.3% | 0.7600% | Verified |
| 2022 | +72.6% | +10.0% | 53.4% | 0.8000% | Verified |
| 2021 | base year | — | 83.7% | 1.8400% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +14.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -39.5% | +5.6% | +25.3% | +72.6% | 2023 | -39.5% | 2026 |
| Assessment Ratio | 100.0% | 74.7% | — | 100.0% | 2026 | 46.8% | 2023 |
| Effective Tax Rate (2025) | 0.9900% | 0.9900% | — | 0.9900% | 2025 | 0.9900% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$10,149 | $11,006 | ~$25,696 | $12,419 | 2021 | $9,987 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,130,772 | ~$1,083,303 | ~2.0139% | ~$21,817 | +10.8% |
| 2027 | ~$1,253,390 | ~$1,191,633 | ~1.9814% | ~$23,611 | +22.9% |
| 2028 | ~$1,389,305 | ~$1,310,797 | ~1.9488% | ~$25,545 | +36.2% |
| 2029 | ~$1,539,959 | ~$1,441,876 | ~1.9163% | ~$27,631 | +51.0% |
| 2030 | ~$1,706,948 | ~$1,586,064 | ~1.8837% | ~$29,877 | +67.3% |
| 2026 | ~$1,110,369 | ~$1,083,303 | ~2.0465% | ~$22,170 | +8.8% |
| 2027 | ~$1,208,567 | ~$1,191,633 | ~2.0465% | ~$24,387 | +18.5% |
| 2028 | ~$1,315,451 | ~$1,310,797 | ~2.0465% | ~$26,825 | +28.9% |
| 2029 | ~$1,431,786 | ~$1,431,786 | ~2.0465% | ~$29,301 | +40.4% |
| 2030 | ~$1,558,410 | ~$1,558,410 | ~2.0465% | ~$31,893 | +52.8% |
| 2026 | ~$1,151,175 | ~$1,083,303 | ~1.9977% | ~$21,641 | +12.8% |
| 2027 | ~$1,299,029 | ~$1,191,633 | ~1.9488% | ~$23,223 | +27.3% |
| 2028 | ~$1,465,874 | ~$1,310,797 | ~1.9000% | ~$24,905 | +43.7% |
| 2029 | ~$1,654,147 | ~$1,441,876 | ~1.8512% | ~$26,692 | +62.1% |
| 2030 | ~$1,866,603 | ~$1,586,064 | ~1.8024% | ~$28,587 | +83.0% |
In 2025, this property's market value of $1,020,149 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — +96% 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 | $1,020,149 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $1,317,312 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $1,532,365 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $888,000 | $506,618 | $615,058 | $906,429 | ↑ Above median | +39.1% |
| 2021 | $675,800 | $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.