2207 THORNTON RD AUSTIN, TX 78704
| Owner | LINDE STUART A |
|---|---|
| Parcel ID | 0401060336 |
| Short ID | 728127 |
| Type | Real |
| Use Code | 02 Duplex |
| Valuation | Cost |
| Improvement SF | 4,009 SF |
| Land SF | 11,758 SF |
| Acres | 0.270 |
| Year Built | 2006 |
| Legal | LOT 18-C BLK 1 FREDERICKSBURG ROAD ACRES RESUB OF LOT 18 BLK 1 |
| Neighborhood | K3005 |
| Land | $428,981 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $428,981 |
| Improvement | $534,100 |
|---|---|
| Total Improvement | $534,100 |
| Market | $963,081 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $963,081 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $963,081 |
| Exemptions (−) (HS,OV65) | −$335,836 |
|---|---|
| Taxable Value | $627,245 |
Appreciation: Market value has risen +29.2% from $745,700 (2021) to $963,081 (2025), a CAGR of 6.6% 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 $12,836. Austin ISD is the largest single contributor, at 36.3% of the total 2025 levy.
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 45% of market value ($428,981 land vs $534,100 improvements), about $36/SF of land. Most value sits in the improvements, so building condition, age (~20 yrs), and rent roll drive the underwriting.
Submarket Position: At $963,081, 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 +6.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,325,978 by 2030, with an estimated annual tax burden around $24,978. 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 | 4,009 SF | ✗ |
| 2ND | 2nd Floor | 2,370 SF | ✓ |
| 1ST | 1st Floor | 1,638 SF | ✓ |
| 041 | GARAGE ATT 1ST F | 840 SF | ✓ |
| 612 | TERRACE UNCOVERD | 245 SF | ✗ |
| 011 | PORCH OPEN 1ST F | 27 SF | ✗ |
| 251 | BATHROOM | 4 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% | $3,848.56 | $3,848.56 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $3,031.25 | $3,031.25 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,357.47 | $2,357.47 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $690.75 | $690.75 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $662.41 | $662.41 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $10,590.44 | $10,590.44 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $836,000 | $963,081 | -13.2% |
| Assessed Value | $836,000 | $963,081 | -13.2% |
| Land Value | $428,981 | $428,981 | +0.0% |
| Improvement Value | $407,019 | $534,100 | -23.8% |
| Taxable Value | $523,531 | $627,245 | -16.5% |
| Exemptions | HS,OV65 | HS,OV65 | |
| Total Tax 2026 = estimate |
~$10,714
Estimated
|
~$10,590
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $841,127 | $836,000 | -5,127 (-0.6%) |
| Taxable Value | $529,682 | $523,531 | -6,151 (-1.2%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $836,000 | $428,981 | $407,019 | — | $836,000 | $523,531 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $963,081 | $428,981 | $534,100 | — | $963,081 | $627,245 | ~$10,590 | Partial |
| 2024 | $1,214,518 | — | — | −$664,518 | $550,000 | $— | $11,719 | Verified |
| 2023 | $1,213,195 | — | — | −$663,195 | $550,000 | $— | $11,268 | Verified |
| 2022 | $911,000 | — | — | −$361,000 | $550,000 | $— | $13,724 | Verified |
| 2021 | $745,700 | — | — | −$415,700 | $330,000 | $— | $13,904 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -12.7% | -12.7% | ~100% | Not available | Partial |
| 2025 | -4.8% | -4.8% | ~100% | Not available | Partial |
| 2024 | -16.7% | +1.9% | ~100% | 1.1600% | Verified |
| 2023 | +0.1% | +10.0% | 81.7% | 0.9300% | Verified |
| 2022 | +33.2% | +10.0% | 74.4% | 1.1300% | Verified |
| 2021 | base year | — | 90.0% | 1.8600% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +5.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -13.2% | +4.3% | +9.8% | +33.2% | 2023 | -20.7% | 2025 |
| Assessment Ratio | 100.0% | 65.9% | — | 100.0% | 2025 | 44.3% | 2021 |
| Effective Tax Rate (2025) | 1.1000% | 1.1000% | — | 1.1000% | 2025 | 1.1000% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$10,590 | $12,241 | ~$22,783 | $13,904 | 2021 | $10,590 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,026,686 | ~$1,026,686 | ~2.0139% | ~$20,677 | +6.6% |
| 2027 | ~$1,094,491 | ~$1,094,491 | ~1.9814% | ~$21,686 | +13.6% |
| 2028 | ~$1,166,774 | ~$1,166,774 | ~1.9488% | ~$22,739 | +21.2% |
| 2029 | ~$1,243,831 | ~$1,243,831 | ~1.9163% | ~$23,835 | +29.2% |
| 2030 | ~$1,325,978 | ~$1,325,978 | ~1.8837% | ~$24,978 | +37.7% |
| 2026 | ~$1,007,424 | ~$1,007,424 | ~2.0465% | ~$20,617 | +4.6% |
| 2027 | ~$1,053,809 | ~$1,053,809 | ~2.0465% | ~$21,566 | +9.4% |
| 2028 | ~$1,102,329 | ~$1,102,329 | ~2.0465% | ~$22,559 | +14.5% |
| 2029 | ~$1,153,083 | ~$1,153,083 | ~2.0465% | ~$23,598 | +19.7% |
| 2030 | ~$1,206,175 | ~$1,206,175 | ~2.0465% | ~$24,684 | +25.2% |
| 2026 | ~$1,045,947 | ~$1,045,947 | ~1.9977% | ~$20,894 | +8.6% |
| 2027 | ~$1,135,944 | ~$1,135,944 | ~1.9488% | ~$22,138 | +17.9% |
| 2028 | ~$1,233,683 | ~$1,233,683 | ~1.9000% | ~$23,440 | +28.1% |
| 2029 | ~$1,339,833 | ~$1,339,833 | ~1.8512% | ~$24,803 | +39.1% |
| 2030 | ~$1,455,116 | ~$1,455,116 | ~1.8024% | ~$26,227 | +51.1% |
In 2025, this property's market value of $963,081 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — +85% 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 | $963,081 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $1,214,518 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $1,213,195 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $911,000 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $745,700 | $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.