ELEVATOR DR 49 78731
| Owner | GREENE MARK JAMES & SUZANNE ALBERT |
|---|---|
| Parcel ID | 0124001037 |
| Short ID | 973916 |
| Type | Real |
| Use Code | 16 Townhome |
| Valuation | Cost |
| Improvement SF | 2,754 SF |
| Land SF | 2,570 SF |
| Acres | 0.059 |
| Year Built | 2022 |
| Legal | GROVE MASTER CONDOMINIUMS THE AMENDED UNT 49 PLUS 0.277 % INT IN COM AREA |
| Neighborhood | Y319C1 |
| Land | $51,398 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $51,398 |
| Improvement | $1,098,602 |
|---|---|
| Total Improvement | $1,098,602 |
| Market | $1,150,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,150,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,150,000 |
| Exemptions on file | HS,OV65 |
|---|---|
| Taxable Value | $1,150,000 |
Appreciation: Market value has risen +96.1% from $586,507 (2023) to $1,150,000 (2025), a CAGR of 40.0% 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 $23,535. 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 $1,098,602 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 +30.8% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $5,009,218 by 2031, with an estimated annual tax burden around $38,377. 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 | 3,658 SF | ✗ |
| 3RD | 3rd Floor | 1,198 SF | ✓ |
| 2ND | 2nd Floor | 935 SF | ✓ |
| 4TH | 4th Floor | 904 SF | ✓ |
| 1ST | 1st Floor | 621 SF | ✓ |
| 041 | GARAGE ATT 1ST F | 470 SF | ✓ |
| 012 | PORCH OPEN 2ND F | 169 SF | ✗ |
| 014 | PORCH OPEN 4TH F | 112 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% | $8,558.10 | $8,558.10 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $3,814.84 | $3,814.84 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,919.49 | $2,919.49 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,099.66 | $1,099.66 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $867.23 | $867.23 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $17,259.32 | $17,259.32 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $8,558.10 | 49.6% |
| CAT City of Austin | 0.5240% | $3,814.84 | 22.1% |
| TCO Travis County | 0.3758% | $2,919.49 | 16.9% |
| ACT Austin Community College | 0.1034% | $1,099.66 | 6.4% |
| THD Travis Central Health | 0.1180% | $867.23 | 5.0% |
| Total | 2.0465% | $17,259.32 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,310,945 | $1,150,000 | +14.0% |
| Assessed Value | $1,265,000 | $1,150,000 | +10.0% |
| Land Value | $51,398 | $51,398 | +0.0% |
| Improvement Value | $1,259,547 | $1,098,602 | +14.6% |
| Taxable Value | $1,265,000 | $1,150,000 | +10.0% |
| Exemptions | HS,OV65 | HS,OV65 | |
| HS Cap Loss | -$45,945 | — | |
| Total Tax 2026 = estimate |
~$25,888
Estimated
|
~$17,259
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $1,310,945 | $51,398 | $1,259,547 | −$45,945 | $1,265,000 | $1,265,000 | Not yet — post-cert | Preliminary |
| 2025 | $1,150,000 | $51,398 | $1,098,602 | — | $1,150,000 | $1,150,000 | ~$17,259 | Partial |
| 2024 | $1,335,000 | $51,398 | $1,283,602 | — | $1,335,000 | $931,600 | $20,614 | Verified |
| 2023 | $586,507 | $51,398 | $535,109 | — | $586,507 | $586,507 | $9,255 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +14.0% | +10.0% | 96.5% | Not available | Partial |
| 2025 | -13.9% | -13.9% | ~100% | Not available | Partial |
| 2024 | +127.6% ! | +127.6% | ~100% | No billing data | Verified |
| 2023 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +96.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +14.0% | +42.6% | +30.7% | +127.6% | 2024 | -13.9% | 2025 |
| Assessment Ratio | 96.5% | 99.1% | — | 100.0% | 2023 | 96.5% | 2026 |
| Effective Tax Rate (2025) | 1.5000% | 1.5000% | — | 1.5000% | 2025 | 1.5000% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$17,259 | $15,709 | ~$33,007 | $20,614 | 2024 | $9,255 | 2023 |
Market value changed by 128% 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 | ~$1,714,042 | ~$1,391,500 | ~2.0139% | ~$28,024 | +30.7% |
| 2028 | ~$2,241,087 | ~$1,530,650 | ~1.9814% | ~$30,328 | +71.0% |
| 2029 | ~$2,930,190 | ~$1,683,715 | ~1.9488% | ~$32,813 | +123.5% |
| 2030 | ~$3,831,182 | ~$1,852,087 | ~1.9163% | ~$35,491 | +192.2% |
| 2031 | ~$5,009,218 | ~$2,037,295 | ~1.8837% | ~$38,377 | +282.1% |
| 2027 | ~$1,687,824 | ~$1,391,500 | ~2.0465% | ~$28,477 | +28.7% |
| 2028 | ~$2,173,049 | ~$1,530,650 | ~2.0465% | ~$31,325 | +65.8% |
| 2029 | ~$2,797,771 | ~$1,683,715 | ~2.0465% | ~$34,457 | +113.4% |
| 2030 | ~$3,602,091 | ~$1,852,087 | ~2.0465% | ~$37,903 | +174.8% |
| 2031 | ~$4,637,642 | ~$2,037,295 | ~2.0465% | ~$41,693 | +253.8% |
| 2027 | ~$1,740,261 | ~$1,391,500 | ~1.9977% | ~$27,797 | +32.7% |
| 2028 | ~$2,310,173 | ~$1,530,650 | ~1.9488% | ~$29,830 | +76.2% |
| 2029 | ~$3,066,722 | ~$1,683,715 | ~1.9000% | ~$31,991 | +133.9% |
| 2030 | ~$4,071,031 | ~$1,852,087 | ~1.8512% | ~$34,286 | +210.5% |
| 2031 | ~$5,404,238 | ~$2,037,295 | ~1.8024% | ~$36,720 | +312.2% |
| 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 | — |