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ELEVATOR DR 47 78731

Travis County, TX · O Appraisal: 2025 Certified Billing: 2025 Partial 2021–24 billing ✓
2025 Certified
Market Value
$1,281,172
2025 Verified
Taxable Value
$1,281,172
2025 Verified
Total Tax
~$22,302
2025 Partial
Effective Tax Rate (2025)
1.7400%
2025 Tax ÷ 2025 Market Value Partial
2026 Preliminary
Market Value
$1,350,284
+5.4% 2025 → 2026 Preliminary
Taxable Value
$1,350,284
2026 Preliminary
Est. 2026 Total Tax
~$27,633
2026 Estimated
Est. 2026 Effective Tax Rate
2.0465%
Est. 2026 Tax ÷ 2026 Market Value Estimated
Overview History Projection Position
2026 Property Tax Calendar Today: July 18, 2026
Valuation Date
Jan 1
Notices Mailed
Apr 15
Protest DeadlineYou are here
May 15
7 days to next
Roll Certified
Jul 25
This parcel's 2026 values are still Preliminary as of today.
Rates Adopted
Sep 1
Bills Mailed
Oct 1
Payment Due
Jan 31
Property Info
Owner ZHAO HUI & WEI ZHENG
Parcel ID 0124001035
Short ID 973914
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 47 PLUS 0.277 % INT IN COM AREA
Neighborhood Y319C1
Current Values 2025 Certified
Land$51,398
Special Use Land MarketNot Available
Total Land $51,398
Improvement$1,229,774
Total Improvement $1,229,774
Market$1,281,172
Special Use Exclusion (−)Not Available
Appraised$1,281,172
Value Limitation Adjustment (−)
Net Appraised (assessed) $1,281,172
Exemptions on fileHS
Taxable Value $1,281,172
Build-up from 2025 TCAD certified values. Land and Improvement are shown as single totals — Parcelytics' loaders capture one aggregate value per year, not TCAD's Homesite / Non-Homesite split. Special Use Land Market and Special Use Exclusion (agricultural/productivity valuation) are not in the current dataset.
Satellite View Imagery: Esri
Satellite image not available
We couldn't locate this property on the map — this can happen for parcels whose address our geocoder can't confidently match.
Investor Insight Report

Appreciation: Market value has risen +144.3% from $524,531 (2023) to $1,281,172 (2025), a CAGR of 56.3% 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 $26,219. Austin ISD is the largest single contributor, at 47.3% 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.


Investment Snapshot — 2025 certified basis
Building (Main)
2,796 SF
living area
Gross Building
4,275 SF
enclosed area
Land
2,570 SF
0.059 ac
Value / Bldg SF
$458
all-in (incl. land)
Land $/SF
$20
land value only
Land Value Share
4%
Year Built
2022
~4 yrs old
Eff. Tax Rate
1.740%
total tax ÷ market value
Est. Annual Tax
$26,219
2025 taxable × rate

Value Composition: Land carries 4% of market value ($51,398 land vs $1,229,774 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 +37.0% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $6,529,026 by 2031, with an estimated annual tax burden around $40,965. 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.

Property Tax & County News Travis County · live feed
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Improvement Detail
Improvement Value
$1,229,774
Main Area
2,796 SF
Gross Building Area
4,275 SF
Year Built
2022
TCAD's page also shows Class CD, Exterior Wall, Number of Units, and EFF Year Built per component, plus an "Improvement Features" block (Foundation, Roof Style, Roof Covering, etc.) — not in Parcelytics' current dataset (see footer), so left out here rather than guessed.
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
Post-Acquisition Tax Estimate Estimate · Not a prediction
Property: 2,796 SF main area · 4,275 SF gross · 0.059 ac lot
$

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.

Rate Environment
Historical Tax Rates by Entity (Travis County)
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% $10,558.12 $10,558.12 Paid
CAT City of Austin 0.5410% 0.4627% 0.4458% 0.4776% 0.5240% +0.0464% $5,370.85 $5,370.85 Paid
TCO Travis County 0.3574% 0.3182% 0.3047% 0.3444% 0.3758% +0.0314% $3,852.18 $3,852.18 Paid
ACT Austin Community College 0.1048% 0.0987% 0.0986% 0.1013% 0.1034% +0.0021% $1,311.48 $1,311.48 Paid
THD Travis Central Health 0.1118% 0.0987% 0.1007% 0.1080% 0.1180% +0.0101% $1,209.66 $1,209.66 Paid
Combined Rate 2.1767% 1.9749% 1.8092% 1.9818% 2.0465% +0.0647% $22,302.29 $22,302.29 Paid
2025 Tax Burden — Entity Split
IAU
47.3% $10,558
CAT
24.1% $5,371
TCO
17.3% $3,852
ACT
5.9% $1,311
THD
5.4% $1,210
Total: $22,302
2025 Tax by Entity — Rate, Amount & Share
Entity Tax Rate Amount Due Share
IAU Austin ISD 0.9252% $10,558.12 47.3%
CAT City of Austin 0.5240% $5,370.85 24.1%
TCO Travis County 0.3758% $3,852.18 17.3%
ACT Austin Community College 0.1034% $1,311.48 5.9%
THD Travis Central Health 0.1180% $1,209.66 5.4%
Total 2.0465% $22,302.29 100.0%
Value History 2021–2026
Current & Preliminary Values
2026 Preliminary Preliminary 2025 Certified Certified Change 2025→2026
Market Value $1,350,284 $1,281,172 +5.4%
Assessed Value $1,350,284 $1,281,172 +5.4%
Land Value $51,398 $51,398 +0.0%
Improvement Value $1,298,886 $1,229,774 +5.6%
Taxable Value $1,350,284 $1,281,172 +5.4%
Exemptions HS HS
Total Tax 2026 = estimate
~$27,633
Estimated
~$22,302
Partial
Value History (2021–2026)
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 $1,350,284 $1,350,284 Not yet — post-cert Preliminary
2025 $1,281,172 $51,398 $1,229,774 $1,281,172 $1,281,172 ~$22,302 Partial
2024 $1,545,887 $51,398 $1,494,489 $1,545,887 $1,236,710 $26,795 Verified
2023 $524,531 $51,398 $473,133 $524,531 $524,531 $9,432 Verified
Value Trend
Market Value vs. Taxable Value gap up to 20.0%
Year-over-Year Growth & Assessment Metrics
Year MktVal YoY Assessed YoY Asmt Ratio Eff. Tax Rate Coverage
2026 +5.4% +5.4% ~100% Not available Partial
2025 -17.1% -17.1% ~100% Not available Partial
2024 +194.7% ! +194.7% ~100% No billing data Verified
2023 base year ~100% No billing data Verified
Cumulative market value growth (earliest valid year → 2025): +144.3%
Annual Trends Tax billing 2025 only
Risk Indicators
Risk Indicators
!
Large Value Jump

Market value changed by 195% in 2024, flagged as unusually large. Verify against comparable sales before using this value in underwriting.

6-Year Projection Estimates Only
5-Year Tax Projection — Scenario Bands Estimates Only
Show illustrative scenario:
Year ~Mkt Value ~Assessed ~Rate ~Ann. Tax Value Δ
2027 ~$1,850,588 ~$1,485,312 ~2.0139% ~$29,913 +37.1%
2028 ~$2,536,264 ~$1,633,844 ~1.9814% ~$32,373 +87.8%
2029 ~$3,475,995 ~$1,797,228 ~1.9488% ~$35,025 +157.4%
2030 ~$4,763,912 ~$1,976,951 ~1.9163% ~$37,884 +252.8%
2031 ~$6,529,026 ~$2,174,646 ~1.8837% ~$40,965 +383.5%
Documents & Sources
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