2305 WESTERN TRAILS BLVD A TX 78745
| Owner | WESTERN TRAILS BLVD |
|---|---|
| Parcel ID | 0408111512 |
| Short ID | 509225 |
| Type | Real |
| Use Code | 02 Duplex |
| Valuation | Cost |
| Improvement SF | 2,132 SF |
| Land SF | 12,144 SF |
| Acres | 0.279 |
| Year Built | 1966 |
| Legal | LOT 16 BLK F WESTERN TRAILS SEC 9 |
| Neighborhood | J1105 |
| Land | $416,931 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $416,931 |
| Improvement | $168,148 |
|---|---|
| Total Improvement | $168,148 |
| Market | $585,079 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $585,079 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $585,079 |
| Taxable Value | $585,079 |
|---|
Appreciation: Market value has risen +69.7% from $344,747 (2021) to $585,079 (2025), a CAGR of 14.1% 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 $11,974. 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 cost approach, tied more to replacement cost and physical condition than to income performance.
Value Composition: Land carries 71% of market value ($416,931 land vs $168,148 improvements), about $34/SF of land. With value concentrated in the land under a ~60-year-old structure, this reads as a land-dominated asset — the classic higher-and-best-use / redevelopment signal. Underwrite the dirt, not the building.
Submarket Position: At $585,079, this parcel sits in the upper-middle (50th–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 +14.1% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,133,332 by 2030, with an estimated annual tax burden around $17,750. 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 |
|---|---|---|---|
| 1ST | 1st Floor | 2,132 SF | ✓ |
| 095 | HVAC RESIDENTIAL | 2,132 SF | ✗ |
| 051 | CARPORT DET 1ST | 504 SF | ✗ |
| 612 | TERRACE UNCOVERD | 360 SF | ✗ |
| 581 | STORAGE ATT | 116 SF | ✓ |
| 011 | PORCH OPEN 1ST F | 110 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% | $5,413.15 | $5,413.15 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $3,065.91 | $3,065.91 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,198.99 | $2,198.99 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $690.53 | $690.53 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $604.97 | $604.97 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $11,973.55 | $11,973.55 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $462,951 | $585,079 | -20.9% |
| Assessed Value | $462,951 | $585,079 | -20.9% |
| Land Value | $338,756 | $416,931 | -18.8% |
| Improvement Value | $124,195 | $168,148 | -26.1% |
| Taxable Value | $462,951 | $585,079 | -20.9% |
| Total Tax 2026 = estimate |
~$9,474
Estimated
|
~$11,974
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $462,951 | $462,951 | +0 (+0.0%) |
| Taxable Value | $462,951 | $462,951 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $462,951 | $338,756 | $124,195 | — | $462,951 | $462,951 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $585,079 | $416,931 | $168,148 | — | $585,079 | $585,079 | ~$11,974 | Partial |
| 2024 | $642,610 | — | — | −$242,610 | $400,000 | $— | $12,018 | Verified |
| 2023 | $580,740 | — | — | −$180,740 | $400,000 | $— | $11,626 | Verified |
| 2022 | $454,569 | — | — | −$54,569 | $400,000 | $— | $11,469 | Verified |
| 2021 | $344,747 | — | — | −$144,747 | $200,000 | $— | $9,895 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -20.9% | -20.9% | ~100% | Not available | Partial |
| 2025 | -3.5% | -3.5% | ~100% | Not available | Partial |
| 2024 | -5.6% | -5.6% | ~100% | 1.9800% | Verified |
| 2023 | +10.7% | +10.7% | ~100% | 1.8100% | Verified |
| 2022 | +27.8% | +27.8% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.8700% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +28.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -20.9% | +8.1% | +20.2% | +31.9% | 2022 | -20.9% | 2026 |
| Assessment Ratio | 100.0% | 79.5% | — | 100.0% | 2025 | 58.0% | 2021 |
| 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 |
$11,974 | $11,396 | ~$15,266 | $12,018 | 2024 | $9,895 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$667,795 | ~$643,587 | ~2.0139% | ~$12,961 | +14.1% |
| 2027 | ~$762,205 | ~$707,946 | ~1.9814% | ~$14,027 | +30.3% |
| 2028 | ~$869,961 | ~$778,740 | ~1.9488% | ~$15,176 | +48.7% |
| 2029 | ~$992,953 | ~$856,614 | ~1.9163% | ~$16,415 | +69.7% |
| 2030 | ~$1,133,332 | ~$942,276 | ~1.8837% | ~$17,750 | +93.7% |
| 2026 | ~$656,093 | ~$643,587 | ~2.0465% | ~$13,171 | +12.1% |
| 2027 | ~$735,727 | ~$707,946 | ~2.0465% | ~$14,488 | +25.7% |
| 2028 | ~$825,026 | ~$778,740 | ~2.0465% | ~$15,937 | +41.0% |
| 2029 | ~$925,164 | ~$856,614 | ~2.0465% | ~$17,530 | +58.1% |
| 2030 | ~$1,037,456 | ~$942,276 | ~2.0465% | ~$19,284 | +77.3% |
| 2026 | ~$679,496 | ~$643,587 | ~1.9977% | ~$12,857 | +16.1% |
| 2027 | ~$789,150 | ~$707,946 | ~1.9488% | ~$13,797 | +34.9% |
| 2028 | ~$916,500 | ~$778,740 | ~1.9000% | ~$14,796 | +56.6% |
| 2029 | ~$1,064,400 | ~$856,614 | ~1.8512% | ~$15,858 | +81.9% |
| 2030 | ~$1,236,168 | ~$942,276 | ~1.8024% | ~$16,983 | +111.3% |
In 2025, this property's market value of $585,079 places it in the 50th–75th percentile for Multi-Family properties in Travis County (12584 comparable) — +13% 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 | $585,079 | $438,669 | $519,778 | $749,859 | ↑ Above median | -7.5% |
| 2024 | $642,610 | $467,458 | $564,615 | $848,565 | ↑ Above median | -6.3% |
| 2023 | $580,740 | $503,905 | $617,035 | $919,932 | ↓ Below median | +0.9% |
| 2022 | $454,569 | $506,618 | $615,058 | $906,429 | ↓ Bottom 25% | +39.1% |
| 2021 | $344,747 | $300,453 | $376,850 | $539,896 | ↓ Below median | 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.