ELEVATOR DR 43 78731
| Owner | TITTLE BEN J & NANCY LUDKOWSKI |
|---|---|
| Parcel ID | 0124001031 |
| Short ID | 973910 |
| Type | Real |
| Use Code | 16 Townhome |
| Valuation | Cost |
| Improvement SF | 2,796 SF |
| Land SF | 2,570 SF |
| Acres | 0.059 |
| Year Built | 2022 |
| Legal | GROVE MASTER CONDOMINIUMS THE AMENDED UNT 43 PLUS 0.277 % INT IN COM AREA |
| Neighborhood | Y319C1 |
| Land | $51,398 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $51,398 |
| Improvement | $1,132,522 |
|---|---|
| Total Improvement | $1,132,522 |
| Market | $1,183,920 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,183,920 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,183,920 |
| Exemptions on file | HS,OV65 |
|---|---|
| Taxable Value | $1,183,920 |
Appreciation: Market value has risen +101.9% from $586,507 (2023) to $1,183,920 (2025), a CAGR of 42.1% over 2 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.
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 $24,229. Austin ISD is the largest single contributor, at 49.6% of the total 2025 levy.
Asset Class: O. This is valued using the cost approach, tied more to replacement cost and physical condition than to income performance.
Value Composition: Land carries 4% of market value ($51,398 land vs $1,132,522 improvements), about $20/SF of land. Most value sits in the improvements, so building condition, age (~4 yrs), and rent roll drive the underwriting.
Forward Outlook: Holding the +32.0% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $5,420,154 by 2031, with an estimated annual tax burden around $39,509. 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.
12 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 095 | HVAC RESIDENTIAL | 3,788 SF | ✗ |
| 3RD | 3rd Floor | 1,105 SF | ✓ |
| 2ND | 2nd Floor | 1,040 SF | ✓ |
| 4TH | 4th Floor | 992 SF | ✓ |
| 1ST | 1st Floor | 651 SF | ✓ |
| 041 | GARAGE ATT 1ST F | 480 SF | ✓ |
| 012 | PORCH OPEN 2ND F | 147 SF | ✗ |
| 014 | PORCH OPEN 4TH F | 91 SF | ✗ |
| 011 | PORCH OPEN 1ST F | 56 SF | ✗ |
| 251 | BATHROOM | 3 SF | ✓ |
| 252 | BEDROOMS | 3 SF | ✓ |
| 250 | HALF BATHROOM | 1 SF | ✓ |
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.
| 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% | $8,871.93 | $8,871.93 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $3,957.04 | $3,957.04 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,021.48 | $3,021.48 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,134.38 | $1,134.38 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $899.26 | $899.26 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $17,884.09 | $17,884.09 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $8,871.93 | 49.6% |
| CAT City of Austin | 0.5240% | $3,957.04 | 22.1% |
| TCO Travis County | 0.3758% | $3,021.48 | 16.9% |
| ACT Austin Community College | 0.1034% | $1,134.38 | 6.3% |
| THD Travis Central Health | 0.1180% | $899.26 | 5.0% |
| Total | 2.0465% | $17,884.09 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,350,284 | $1,183,920 | +14.1% |
| Assessed Value | $1,302,312 | $1,183,920 | +10.0% |
| Land Value | $51,398 | $51,398 | +0.0% |
| Improvement Value | $1,298,886 | $1,132,522 | +14.7% |
| Taxable Value | $1,302,312 | $1,183,920 | +10.0% |
| Exemptions | HS,OV65 | HS,OV65 | |
| HS Cap Loss | -$47,972 | — | |
| Total Tax 2026 = estimate |
~$26,652
Estimated
|
~$17,884
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $1,350,284 | $51,398 | $1,298,886 | −$47,972 | $1,302,312 | $1,302,312 | Not yet — post-cert | Preliminary |
| 2025 | $1,183,920 | $51,398 | $1,132,522 | — | $1,183,920 | $1,183,920 | ~$17,884 | Partial |
| 2024 | $1,463,824 | $51,398 | $1,412,426 | — | $1,463,824 | $1,034,659 | $23,542 | Verified |
| 2023 | $586,507 | $51,398 | $535,109 | — | $586,507 | $586,507 | $10,611 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +14.1% | +10.0% | 96.4% | Not available | Partial |
| 2025 | -19.1% | -19.1% | ~100% | Not available | Partial |
| 2024 | +149.6% ! | +149.6% | ~100% | No billing data | Verified |
| 2023 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +101.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +14.1% | +48.2% | +32.0% | +149.6% | 2024 | -19.1% | 2025 |
| Assessment Ratio | 96.4% | 99.1% | — | 100.0% | 2023 | 96.4% | 2026 |
| Effective Tax Rate (2025) | 1.5100% | 1.5100% | — | 1.5100% | 2025 | 1.5100% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$17,884 | $17,346 | ~$33,980 | $23,542 | 2024 | $10,611 | 2023 |
Market value changed by 150% in 2024, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$1,782,963 | ~$1,432,543 | ~2.0139% | ~$28,851 | +32.0% |
| 2028 | ~$2,354,289 | ~$1,575,798 | ~1.9814% | ~$31,223 | +74.4% |
| 2029 | ~$3,108,687 | ~$1,733,377 | ~1.9488% | ~$33,781 | +130.2% |
| 2030 | ~$4,104,822 | ~$1,906,715 | ~1.9163% | ~$36,538 | +204.0% |
| 2031 | ~$5,420,154 | ~$2,097,386 | ~1.8837% | ~$39,509 | +301.4% |
| 2027 | ~$1,755,958 | ~$1,432,543 | ~2.0465% | ~$29,317 | +30.0% |
| 2028 | ~$2,283,510 | ~$1,575,798 | ~2.0465% | ~$32,248 | +69.1% |
| 2029 | ~$2,969,559 | ~$1,733,377 | ~2.0465% | ~$35,473 | +119.9% |
| 2030 | ~$3,861,721 | ~$1,906,715 | ~2.0465% | ~$39,021 | +186.0% |
| 2031 | ~$5,021,920 | ~$2,097,386 | ~2.0465% | ~$42,923 | +271.9% |
| 2027 | ~$1,809,969 | ~$1,432,543 | ~1.9977% | ~$28,617 | +34.0% |
| 2028 | ~$2,426,147 | ~$1,575,798 | ~1.9488% | ~$30,710 | +79.7% |
| 2029 | ~$3,252,095 | ~$1,733,377 | ~1.9000% | ~$32,934 | +140.8% |
| 2030 | ~$4,359,225 | ~$1,906,715 | ~1.8512% | ~$35,297 | +222.8% |
| 2031 | ~$5,843,261 | ~$2,097,386 | ~1.8024% | ~$37,803 | +332.7% |
| Source | What it provides | Coverage for this parcel | Confidence |
|---|---|---|---|
| TCAD Certified Appraisal Roll ↗ | Market, assessed, and taxable value; land/improvement split; exemptions | 2025 | Certified |
| Texas Comptroller Annual Jurisdiction Roll (AJR) | Prior-year market and taxable value | 2023–2024 | Verified |
| TCAD Preliminary Export ↗ | First-look 2026 appraisal value, subject to change at certification | 2026 (exported June 9, 2026; certifies July 25, 2026) | Preliminary |
| Travis County Rates History ↗ | Adopted tax rate for each of this parcel's taxing entities | 1990–2025 | Verified |
| TaxCurOpenData | Current-year (2025) tax billing, by taxing entity | 2025 | Partial |
| PIR bulk billing export | Prior-year tax billing, Travis County Tax Office | 2023, 2024 | Verified |
| Satellite imagery (Esri World Imagery) | Aerial view of the parcel | Located by geocoding this parcel's address — may not resolve for every address | — |