3737 KEATS DR TX 78704
| Owner | TPI 94-2 LTD |
|---|---|
| Parcel ID | 0404110153 |
| Short ID | 306054 |
| Type | Real |
| Use Code | 07 Apartment 50–100 Units |
| Valuation | Income |
| Improvement SF | 57,724 SF |
| Land SF | 135,766 SF |
| Acres | 3.117 |
| Year Built | 1984 |
| Legal | LOT 1&2 PANTHER SUBD |
| Neighborhood | 08SC1 |
| Land | $6,516,768 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $6,516,768 |
| Improvement | $7,554,969 |
|---|---|
| Total Improvement | $7,554,969 |
| Market | $14,071,737 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $14,071,737 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $14,071,737 |
| Taxable Value | $14,071,737 |
|---|
Appreciation: Market value has risen +39.8% from $10,062,980 (2021) to $14,071,737 (2025), a CAGR of 8.7% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2023→2024), 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 $287,976. 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 46% of market value ($6,516,768 land vs $7,554,969 improvements), about $48/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $14,071,737, 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 +8.7% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $21,398,044 by 2030, with an estimated annual tax burden around $403,084. 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.
27 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| SO | Sketch Only | 100,084 SF | ✗ |
| 2ND | 2nd Floor | 27,472 SF | ✓ |
| 551 | PAVED AREA | 27,141 SF | ✗ |
| 1ST | 1st Floor | 25,462 SF | ✓ |
| 3RD | 3rd Floor | 4,790 SF | ✓ |
| 011C | PORCH OPEN 1ST COMM | 3,874 SF | ✗ |
| 591 | MASONRY TRIM SF | 3,682 SF | ✗ |
| 012C | PORCH OPEN 2 COMM | 2,482 SF | ✗ |
| 611 | TERRACE | 2,456 SF | ✗ |
| 511 | DECK | 1,342 SF | ✗ |
| 581C | STORAGE ATT COMM | 1,060 SF | ✓ |
| 013C | PORCH OPEN 3 COMM | 604 SF | ✗ |
| 601 | POOL COMM'L | 432 SF | ✗ |
| 482 | LIGHT POLES | 8 SF | ✓ |
| MISC | Miscellaneous | 8 SF | ✓ |
| 132 | PLBG 5-FIXT AVG | 2 SF | ✓ |
| 142 | BATHTUB AVG | 2 SF | ✓ |
| 152 | COMMODE AVG | 2 SF | ✓ |
| 162 | LAVATORY AVG | 2 SF | ✓ |
| 242 | OBS OVEN/BURN | 2 SF | ✓ |
| 276 | ELEVATOR COM PAS | 2 SF | ✓ |
| 413 | STAIRWAY EXT | 2 SF | ✓ |
| 521 | FIREPLACE | 1 SF | ✓ |
| 182 | SINK AVG | 1 SF | ✓ |
| 192 | WATER HTR AVG | 1 SF | ✓ |
| 449 | SPA | 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% | $130,191.71 | $130,191.71 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $73,738.29 | $73,738.29 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $52,887.92 | $52,887.92 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $16,607.89 | $16,607.89 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $14,550.18 | $14,550.18 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $287,975.99 | $287,975.99 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $13,550,000 | $14,071,737 | -3.7% |
| Assessed Value | $13,550,000 | $14,071,737 | -3.7% |
| Land Value | $6,516,768 | $6,516,768 | +0.0% |
| Improvement Value | $7,033,232 | $7,554,969 | -6.9% |
| Taxable Value | $13,550,000 | $14,071,737 | -3.7% |
| Total Tax 2026 = estimate |
~$277,299
Estimated
|
~$287,976
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $13,550,000 | $13,550,000 | +0 (+0.0%) |
| Taxable Value | $13,550,000 | $13,550,000 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $13,550,000 | $6,516,768 | $7,033,232 | — | $13,550,000 | $13,550,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $14,071,737 | $6,516,768 | $7,554,969 | — | $14,071,737 | $14,071,737 | ~$287,976 | Partial |
| 2024 | $14,000,000 | — | — | −$7,483,232 | $6,516,768 | $— | $268,471 | Verified |
| 2023 | $10,805,667 | — | — | −$4,288,899 | $6,516,768 | $— | $253,295 | Verified |
| 2022 | $10,362,202 | — | — | −$5,474,626 | $4,887,576 | $— | $214,195 | Verified |
| 2021 | $10,062,980 | — | — | −$5,175,404 | $4,887,576 | $— | $209,114 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -3.7% | -3.7% | ~100% | Not available | Partial |
| 2025 | +3.9% | +3.9% | ~100% | Not available | Partial |
| 2024 | -5.8% | -5.8% | ~100% | 1.9800% | Verified |
| 2023 | +24.0% | +24.0% | ~100% | 1.7600% | Verified |
| 2022 | +12.0% | +12.0% | ~100% | 1.8500% | Verified |
| 2021 | base year | — | ~100% | 2.0800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +35.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -3.7% | +6.7% | +9.6% | +29.6% | 2024 | -3.7% | 2026 |
| Assessment Ratio | 100.0% | 67.1% | — | 100.0% | 2025 | 46.5% | 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 |
$287,976 | $246,610 | ~$354,138 | $287,976 | 2025 | $209,114 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$15,302,169 | ~$15,302,169 | ~2.0139% | ~$308,176 | +8.7% |
| 2027 | ~$16,640,189 | ~$16,640,189 | ~1.9814% | ~$329,707 | +18.3% |
| 2028 | ~$18,095,206 | ~$18,095,206 | ~1.9488% | ~$352,647 | +28.6% |
| 2029 | ~$19,677,450 | ~$19,677,450 | ~1.9163% | ~$377,077 | +39.8% |
| 2030 | ~$21,398,044 | ~$21,398,044 | ~1.8837% | ~$403,084 | +52.1% |
| 2026 | ~$15,020,734 | ~$15,020,734 | ~2.0465% | ~$307,397 | +6.7% |
| 2027 | ~$16,033,731 | ~$16,033,731 | ~2.0465% | ~$328,128 | +13.9% |
| 2028 | ~$17,115,045 | ~$17,115,045 | ~2.0465% | ~$350,257 | +21.6% |
| 2029 | ~$18,269,282 | ~$18,269,282 | ~2.0465% | ~$373,878 | +29.8% |
| 2030 | ~$19,501,361 | ~$19,501,361 | ~2.0465% | ~$399,092 | +38.6% |
| 2026 | ~$15,583,603 | ~$15,478,911 | ~1.9977% | ~$309,216 | +10.7% |
| 2027 | ~$17,257,905 | ~$17,026,802 | ~1.9488% | ~$331,825 | +22.6% |
| 2028 | ~$19,112,093 | ~$18,729,482 | ~1.9000% | ~$355,863 | +35.8% |
| 2029 | ~$21,165,495 | ~$20,602,430 | ~1.8512% | ~$381,391 | +50.4% |
| 2030 | ~$23,439,514 | ~$22,662,673 | ~1.8024% | ~$408,466 | +66.6% |
In 2025, this property's market value of $14,071,737 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 27× 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 | $14,071,737 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $14,000,000 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $10,805,667 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $10,362,202 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $10,062,980 | $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.