5303 INDIO CIR TX 78745
| Owner | FAULKNER KENNETH & APRIL |
|---|---|
| Parcel ID | 0412150301 |
| Short ID | 510705 |
| Type | Real |
| Use Code | 02 Duplex |
| Valuation | Cost |
| Improvement SF | 1,734 SF |
| Land SF | 8,384 SF |
| Acres | 0.192 |
| Year Built | 1979 |
| Legal | LOT 8 BLK A CHERRY CREEK PHS V SEC 1 |
| Neighborhood | J1105 |
| Land | $403,454 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $403,454 |
| Improvement | $131,624 |
|---|---|
| Total Improvement | $131,624 |
| Market | $535,078 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $535,078 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $535,078 |
| Taxable Value | $535,078 |
|---|
Appreciation: Market value has risen +53.2% from $349,373 (2021) to $535,078 (2025), a CAGR of 11.2% 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 $10,950. 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 75% of market value ($403,454 land vs $131,624 improvements), about $48/SF of land. With value concentrated in the land under a ~47-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 $535,078, 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 +11.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $911,647 by 2030, with an estimated annual tax burden around $16,233. 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.
6 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 1,734 SF | ✓ |
| 095 | HVAC RESIDENTIAL | 1,734 SF | ✗ |
| 061 | CARPORT ATT 1ST | 418 SF | ✗ |
| 612 | TERRACE UNCOVERD | 198 SF | ✗ |
| 581 | STORAGE ATT | 95 SF | ✓ |
| 251 | BATHROOM | 2 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% | $4,950.54 | $4,950.54 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $2,803.90 | $2,803.90 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,011.06 | $2,011.06 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $631.52 | $631.52 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $553.27 | $553.27 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $10,950.29 | $10,950.29 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $406,929 | $535,078 | -23.9% |
| Assessed Value | $406,929 | $535,078 | -23.9% |
| Land Value | $327,806 | $403,454 | -18.8% |
| Improvement Value | $79,123 | $131,624 | -39.9% |
| Taxable Value | $406,929 | $535,078 | -23.9% |
| Total Tax 2026 = estimate |
~$8,328
Estimated
|
~$10,950
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $427,222 | $406,929 | -20,293 (-4.7%) |
| Taxable Value | $427,222 | $406,929 | -20,293 (-4.7%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $406,929 | $327,806 | $79,123 | — | $406,929 | $406,929 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $535,078 | $403,454 | $131,624 | — | $535,078 | $535,078 | ~$10,950 | Partial |
| 2024 | $591,384 | — | — | −$191,384 | $400,000 | $— | $11,128 | Verified |
| 2023 | $522,619 | — | — | −$122,619 | $400,000 | $— | $10,700 | Verified |
| 2022 | $424,276 | — | — | −$24,276 | $400,000 | $— | $10,321 | Verified |
| 2021 | $349,373 | — | — | −$149,373 | $200,000 | $— | $9,235 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -20.2% | -20.2% | ~100% | Not available | Partial |
| 2025 | -4.7% | -4.7% | ~100% | Not available | Partial |
| 2024 | -5.0% | -5.0% | ~100% | 1.9800% | Verified |
| 2023 | +13.2% | +13.2% | ~100% | 1.8100% | Verified |
| 2022 | +23.2% | +23.2% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.6400% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +26.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -23.9% | +4.9% | +18.3% | +23.2% | 2023 | -23.9% | 2026 |
| Assessment Ratio | 100.0% | 82.6% | — | 100.0% | 2025 | 57.2% | 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 |
$10,950 | $10,467 | ~$13,961 | $11,128 | 2024 | $9,235 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$595,249 | ~$588,586 | ~2.0139% | ~$11,854 | +11.2% |
| 2027 | ~$662,187 | ~$647,444 | ~1.9814% | ~$12,828 | +23.8% |
| 2028 | ~$736,653 | ~$712,189 | ~1.9488% | ~$13,879 | +37.7% |
| 2029 | ~$819,492 | ~$783,408 | ~1.9163% | ~$15,012 | +53.2% |
| 2030 | ~$911,647 | ~$861,748 | ~1.8837% | ~$16,233 | +70.4% |
| 2026 | ~$584,548 | ~$584,548 | ~2.0465% | ~$11,963 | +9.2% |
| 2027 | ~$638,592 | ~$638,592 | ~2.0465% | ~$13,069 | +19.3% |
| 2028 | ~$697,632 | ~$697,632 | ~2.0465% | ~$14,277 | +30.4% |
| 2029 | ~$762,130 | ~$762,130 | ~2.0465% | ~$15,597 | +42.4% |
| 2030 | ~$832,592 | ~$832,592 | ~2.0465% | ~$17,039 | +55.6% |
| 2026 | ~$605,951 | ~$588,586 | ~1.9977% | ~$11,758 | +13.2% |
| 2027 | ~$686,212 | ~$647,444 | ~1.9488% | ~$12,618 | +28.2% |
| 2028 | ~$777,103 | ~$712,189 | ~1.9000% | ~$13,532 | +45.2% |
| 2029 | ~$880,033 | ~$783,408 | ~1.8512% | ~$14,502 | +64.5% |
| 2030 | ~$996,596 | ~$861,748 | ~1.8024% | ~$15,532 | +86.3% |
In 2025, this property's market value of $535,078 places it in the 50th–75th percentile for Multi-Family properties in Travis County (12584 comparable) — +3% 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 | $535,078 | $438,669 | $519,778 | $749,859 | ↑ Above median | -7.5% |
| 2024 | $591,384 | $467,458 | $564,615 | $848,565 | ↑ Above median | -6.3% |
| 2023 | $522,619 | $503,905 | $617,035 | $919,932 | ↓ Below median | +0.9% |
| 2022 | $424,276 | $506,618 | $615,058 | $906,429 | ↓ Bottom 25% | +39.1% |
| 2021 | $349,373 | $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.