2208 S 5 ST TX 78704
| Owner | TAMBALEO OAKS LP |
|---|---|
| Parcel ID | 0402040129 |
| Short ID | 303870 |
| Type | Real |
| Use Code | 05 Apartment 5–25 Units |
| Valuation | Income |
| Improvement SF | 4,536 SF |
| Land SF | 10,025 SF |
| Acres | 0.230 |
| Year Built | 1981 |
| Legal | LOT 1 DELAFIELD BOBBYE SUBD |
| Neighborhood | 05SC1 |
| Land | $601,500 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $601,500 |
| Improvement | $648,500 |
|---|---|
| Total Improvement | $648,500 |
| Market | $1,250,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,250,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,250,000 |
| Taxable Value | $1,250,000 |
|---|
Appreciation: Market value has risen +41.3% from $884,520 (2021) to $1,250,000 (2025), a CAGR of 9.0% over 4 years. This is strong appreciation — well above typical inflation. Growth has been fairly evenly spread across these years rather than concentrated in one jump. 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 $25,581. 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 48% of market value ($601,500 land vs $648,500 improvements), about $60/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $1,250,000, 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 +9.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,926,030 by 2030, with an estimated annual tax burden around $36,281. 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.
11 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 2,850 SF | ✗ |
| 1ST | 1st Floor | 2,268 SF | ✓ |
| 2ND | 2nd Floor | 2,268 SF | ✓ |
| 591 | MASONRY TRIM SF | 635 SF | ✗ |
| 611 | TERRACE | 252 SF | ✗ |
| SO | Sketch Only | 252 SF | ✗ |
| 012C | PORCH OPEN 2 COMM | 189 SF | ✗ |
| 132 | PLBG 5-FIXT AVG | 1 SF | ✓ |
| 242 | OBS OVEN/BURN | 1 SF | ✓ |
| 413 | STAIRWAY EXT | 1 SF | ✓ |
| 531 | OBS FENCE | 1 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% | $11,565.00 | $11,565.00 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $6,550.21 | $6,550.21 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $4,698.06 | $4,698.06 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,475.29 | $1,475.29 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,292.50 | $1,292.50 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $25,581.06 | $25,581.06 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,448,940 | $1,250,000 | +15.9% |
| Assessed Value | $1,448,940 | $1,250,000 | +15.9% |
| Land Value | $601,500 | $601,500 | +0.0% |
| Improvement Value | $847,440 | $648,500 | +30.7% |
| Taxable Value | $1,448,940 | $1,250,000 | +15.9% |
| Total Tax 2026 = estimate |
~$29,652
Estimated
|
~$25,581
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,448,940 | $1,448,940 | +0 (+0.0%) |
| Taxable Value | $1,448,940 | $1,448,940 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,448,940 | $601,500 | $847,440 | — | $1,448,940 | $1,448,940 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,250,000 | $601,500 | $648,500 | — | $1,250,000 | $1,250,000 | ~$25,581 | Partial |
| 2024 | $1,088,640 | — | — | −$487,140 | $601,500 | $— | $22,725 | Verified |
| 2023 | $1,020,600 | — | — | −$419,100 | $601,500 | $— | $18,180 | Verified |
| 2022 | $907,200 | — | — | −$305,700 | $601,500 | $— | $18,831 | Verified |
| 2021 | $884,520 | — | — | −$283,020 | $601,500 | $— | $19,747 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +15.9% | +15.9% | ~100% | Not available | Partial |
| 2025 | +2.9% | +2.9% | ~100% | Not available | Partial |
| 2024 | +11.6% | +11.6% | ~100% | 1.8700% | Verified |
| 2023 | +6.7% | +6.7% | ~100% | 1.6700% | Verified |
| 2022 | +12.5% | +12.5% | ~100% | 1.8500% | Verified |
| 2021 | base year | — | ~100% | 2.2300% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +37.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +15.9% | +10.5% | +6.0% | +15.9% | 2026 | +2.6% | 2022 |
| Assessment Ratio | 100.0% | 74.8% | — | 100.0% | 2025 | 55.3% | 2024 |
| 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 |
$25,581 | $21,013 | ~$31,720 | $25,581 | 2025 | $18,180 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,362,889 | ~$1,362,889 | ~2.0139% | ~$27,448 | +9.0% |
| 2027 | ~$1,485,974 | ~$1,485,974 | ~1.9814% | ~$29,443 | +18.9% |
| 2028 | ~$1,620,174 | ~$1,620,174 | ~1.9488% | ~$31,575 | +29.6% |
| 2029 | ~$1,766,495 | ~$1,766,495 | ~1.9163% | ~$33,851 | +41.3% |
| 2030 | ~$1,926,030 | ~$1,926,030 | ~1.8837% | ~$36,281 | +54.1% |
| 2026 | ~$1,337,889 | ~$1,337,889 | ~2.0465% | ~$27,380 | +7.0% |
| 2027 | ~$1,431,958 | ~$1,431,958 | ~2.0465% | ~$29,305 | +14.6% |
| 2028 | ~$1,532,641 | ~$1,532,641 | ~2.0465% | ~$31,365 | +22.6% |
| 2029 | ~$1,640,404 | ~$1,640,404 | ~2.0465% | ~$33,571 | +31.2% |
| 2030 | ~$1,755,743 | ~$1,755,743 | ~2.0465% | ~$35,931 | +40.5% |
| 2026 | ~$1,387,889 | ~$1,375,000 | ~1.9977% | ~$27,468 | +11.0% |
| 2027 | ~$1,540,990 | ~$1,512,500 | ~1.9488% | ~$29,476 | +23.3% |
| 2028 | ~$1,710,978 | ~$1,663,750 | ~1.9000% | ~$31,612 | +36.9% |
| 2029 | ~$1,899,719 | ~$1,830,125 | ~1.8512% | ~$33,879 | +52.0% |
| 2030 | ~$2,109,280 | ~$2,013,138 | ~1.8024% | ~$36,284 | +68.7% |
In 2025, this property's market value of $1,250,000 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — +140% 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 | $1,250,000 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $1,088,640 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $1,020,600 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $907,200 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $884,520 | $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.