2802 SKYWAY CIR TX 78704
| Owner | BEHNAM SAEED A |
|---|---|
| Parcel ID | 0401090164 |
| Short ID | 303321 |
| Type | Real |
| Use Code | 04 Fourplex |
| Valuation | Income |
| Improvement SF | 3,612 SF |
| Land SF | 11,006 SF |
| Acres | 0.253 |
| Year Built | 1968 |
| Legal | LOT 4 BARTON VILLAGE SEC 3 |
| Neighborhood | L1005 |
| Land | $702,169 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $702,169 |
| Improvement | $356,463 |
|---|---|
| Total Improvement | $356,463 |
| Market | $1,058,632 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,058,632 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,058,632 |
| Taxable Value | $1,058,632 |
|---|
Appreciation: Market value has risen +46.6% from $722,100 (2021) to $1,058,632 (2025), a CAGR of 10.0% 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 $21,665. 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 66% of market value ($702,169 land vs $356,463 improvements), about $64/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $1,058,632, 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 +10.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,707,771 by 2030, with an estimated annual tax burden around $32,117. 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 | ✗ |
| 551 | PAVED AREA | 3,000 SF | ✗ |
| 1ST | 1st Floor | 1,806 SF | ✓ |
| 2ND | 2nd Floor | 1,806 SF | ✓ |
| 612 | TERRACE UNCOVERD | 308 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% | $9,794.46 | $9,794.46 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $5,547.41 | $5,547.41 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,978.82 | $3,978.82 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,249.43 | $1,249.43 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,094.63 | $1,094.63 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $21,664.75 | $21,664.75 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,047,514 | $1,058,632 | -1.1% |
| Assessed Value | $1,047,514 | $1,058,632 | -1.1% |
| Land Value | $702,169 | $702,169 | +0.0% |
| Improvement Value | $345,345 | $356,463 | -3.1% |
| Taxable Value | $1,047,514 | $1,058,632 | -1.1% |
| Total Tax 2026 = estimate |
~$21,437
Estimated
|
~$21,665
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,047,514 | $1,047,514 | +0 (+0.0%) |
| Taxable Value | $1,047,514 | $1,047,514 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,047,514 | $702,169 | $345,345 | — | $1,047,514 | $1,047,514 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,058,632 | $702,169 | $356,463 | — | $1,058,632 | $1,058,632 | ~$21,665 | Partial |
| 2024 | $1,377,315 | — | — | −$499,815 | $877,500 | $— | $24,019 | Verified |
| 2023 | $1,463,479 | — | — | −$585,979 | $877,500 | $— | $24,919 | Verified |
| 2022 | $918,463 | — | — | −$40,963 | $877,500 | $— | $28,903 | Verified |
| 2021 | $722,100 | — | — | −$137,100 | $585,000 | $— | $19,992 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -1.1% | -1.1% | ~100% | Not available | Partial |
| 2025 | -12.7% | -12.7% | ~100% | Not available | Partial |
| 2024 | -12.0% | -12.0% | ~100% | 1.9800% | Verified |
| 2023 | -5.9% | -5.9% | ~100% | 1.8100% | Verified |
| 2022 | +59.3% | +59.3% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.7700% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +15.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -1.1% | +11.3% | +10.3% | +59.3% | 2023 | -23.1% | 2025 |
| Assessment Ratio | 100.0% | 83.4% | — | 100.0% | 2025 | 60.0% | 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 |
$21,665 | $23,900 | ~$27,622 | $28,903 | 2022 | $19,992 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,164,882 | ~$1,164,495 | ~2.0139% | ~$23,452 | +10.0% |
| 2027 | ~$1,281,796 | ~$1,280,945 | ~1.9814% | ~$25,380 | +21.1% |
| 2028 | ~$1,410,444 | ~$1,409,039 | ~1.9488% | ~$27,460 | +33.2% |
| 2029 | ~$1,552,003 | ~$1,549,943 | ~1.9163% | ~$29,701 | +46.6% |
| 2030 | ~$1,707,771 | ~$1,704,937 | ~1.8837% | ~$32,117 | +61.3% |
| 2026 | ~$1,143,709 | ~$1,143,709 | ~2.0465% | ~$23,406 | +8.0% |
| 2027 | ~$1,235,624 | ~$1,235,624 | ~2.0465% | ~$25,287 | +16.7% |
| 2028 | ~$1,334,925 | ~$1,334,925 | ~2.0465% | ~$27,319 | +26.1% |
| 2029 | ~$1,442,207 | ~$1,442,207 | ~2.0465% | ~$29,515 | +36.2% |
| 2030 | ~$1,558,111 | ~$1,558,111 | ~2.0465% | ~$31,887 | +47.2% |
| 2026 | ~$1,186,055 | ~$1,164,495 | ~1.9977% | ~$23,263 | +12.0% |
| 2027 | ~$1,328,815 | ~$1,280,945 | ~1.9488% | ~$24,964 | +25.5% |
| 2028 | ~$1,488,758 | ~$1,409,039 | ~1.9000% | ~$26,772 | +40.6% |
| 2029 | ~$1,667,953 | ~$1,549,943 | ~1.8512% | ~$28,692 | +57.6% |
| 2030 | ~$1,868,716 | ~$1,704,937 | ~1.8024% | ~$30,729 | +76.5% |
In 2025, this property's market value of $1,058,632 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — +104% 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 | $1,058,632 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $1,377,315 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $1,463,479 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $918,463 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $722,100 | $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.