EAST AVE TX 78701
| Owner | SPIRIT II FAMILY LLC |
|---|---|
| Parcel ID | 0203032609 |
| Short ID | 924957 |
| Type | Real |
| Use Code | 22 Hi-Rise Condo / Apartment |
| Valuation | Income |
| Improvement SF | 4,662 SF |
| Land SF | 364 SF |
| Acres | 0.008 |
| Year Built | 2019 |
| Legal | UNT 4502 44 EAST AVE CONDOMINIUMS PLUS .6907 % INT IN COM AREA |
| Neighborhood | Z144E99C |
| Land | $109,326 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $109,326 |
| Improvement | $3,067,414 |
|---|---|
| Total Improvement | $3,067,414 |
| Market | $3,176,740 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $3,176,740 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $3,176,740 |
| Taxable Value | $3,176,740 |
|---|
Appreciation: Market value has risen +6438.0% from $48,589 (2021) to $3,176,740 (2025), a CAGR of 184.4% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2022→2023), 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 $65,012. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Asset Class: O. This is valued using the income approach, so changes in rent roll or occupancy move the appraisal more directly than they would for a cost-approach property.
Value Composition: Land carries 3% of market value ($109,326 land vs $3,067,414 improvements), about $300/SF of land. Most value sits in the improvements, so building condition, age (~7 yrs), and rent roll drive the underwriting.
Forward Outlook: Holding the +144.4% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $369,087,280 by 2031, with an estimated annual tax burden around $115,651. 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.
4 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 4,662 SF | ✓ |
| 011 | PORCH OPEN 1ST F | 250 SF | ✗ |
| 252 | BEDROOMS | 6 SF | ✓ |
| 251 | BATHROOM | 6 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% | $29,391.20 | $29,391.20 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $16,646.66 | $16,646.66 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $11,939.62 | $11,939.62 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $3,749.28 | $3,749.28 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $3,284.75 | $3,284.75 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $65,011.51 | $65,011.51 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $29,391.20 | 45.2% |
| CAT City of Austin | 0.5240% | $16,646.66 | 25.6% |
| TCO Travis County | 0.3758% | $11,939.62 | 18.4% |
| THD Travis Central Health | 0.1180% | $3,749.28 | 5.8% |
| ACT Austin Community College | 0.1034% | $3,284.75 | 5.1% |
| Total | 2.0465% | $65,011.51 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $4,234,806 | $3,176,740 | +33.3% |
| Assessed Value | $3,812,088 | $3,176,740 | +20.0% |
| Land Value | $318,868 | $109,326 | +191.7% |
| Improvement Value | $3,915,938 | $3,067,414 | +27.7% |
| Taxable Value | $3,812,088 | $3,176,740 | +20.0% |
| HS Cap Loss | -$422,718 | — | |
| Total Tax 2026 = estimate |
~$78,014
Estimated
|
~$65,012
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $4,234,806 | $318,868 | $3,915,938 | −$422,718 | $3,812,088 | $3,812,088 | Not yet — post-cert | Preliminary |
| 2025 | $3,176,740 | $109,326 | $3,067,414 | — | $3,176,740 | $3,176,740 | ~$65,012 | Partial |
| 2024 | $3,936,270 | $109,326 | $3,826,944 | — | $3,936,270 | $3,936,270 | $78,010 | Verified |
| 2023 | $4,781,747 | $109,326 | $4,672,421 | — | $4,781,747 | $4,781,747 | $86,514 | Verified |
| 2022 | $48,589 | $60,735 | — | — | $48,589 | $48,589 | $960 | Verified |
| 2021 | $48,589 | $48,589 | — | — | $48,589 | $48,589 | $1,058 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +33.3% | +20.0% | 90.0% | Not available | Partial |
| 2025 | -19.3% | -19.3% | ~100% | Not available | Partial |
| 2024 | -17.7% | -17.7% | ~100% | No billing data | Verified |
| 2023 | +9741.2% ! | +9741.2% | ~100% | No billing data | Verified |
| 2022 | +0.0% | +0.0% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +6438.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +33.3% | +1947.5% | +144.4% | +9741.2% | 2023 | -19.3% | 2025 |
| Assessment Ratio | 90.0% | 98.3% | — | 100.0% | 2021 | 90.0% | 2026 |
| 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 |
$65,012 | $46,310 | ~$99,466 | $86,514 | 2023 | $960 | 2022 |
Market value changed by 9741% in 2023, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$10,348,863 | ~$4,193,297 | ~2.0139% | ~$84,450 | +144.4% |
| 2028 | ~$25,290,170 | ~$4,612,626 | ~1.9814% | ~$91,394 | +497.2% |
| 2029 | ~$61,803,185 | ~$5,073,889 | ~1.9488% | ~$98,882 | +1359.4% |
| 2030 | ~$151,032,345 | ~$5,581,278 | ~1.9163% | ~$106,954 | +3466.5% |
| 2031 | ~$369,087,280 | ~$6,139,406 | ~1.8837% | ~$115,651 | +8615.6% |
| 2027 | ~$10,264,167 | ~$4,193,297 | ~2.0465% | ~$85,815 | +142.4% |
| 2028 | ~$24,877,909 | ~$4,612,626 | ~2.0465% | ~$94,397 | +487.5% |
| 2029 | ~$60,298,159 | ~$5,073,889 | ~2.0465% | ~$103,836 | +1323.9% |
| 2030 | ~$146,148,457 | ~$5,581,278 | ~2.0465% | ~$114,220 | +3351.1% |
| 2031 | ~$354,229,243 | ~$6,139,406 | ~2.0465% | ~$125,642 | +8264.7% |
| 2027 | ~$10,433,559 | ~$4,193,297 | ~1.9977% | ~$83,768 | +146.4% |
| 2028 | ~$25,705,818 | ~$4,612,626 | ~1.9488% | ~$89,893 | +507.0% |
| 2029 | ~$63,333,047 | ~$5,073,889 | ~1.9000% | ~$96,405 | +1395.5% |
| 2030 | ~$156,037,628 | ~$5,581,278 | ~1.8512% | ~$103,320 | +3584.6% |
| 2031 | ~$384,439,759 | ~$6,139,406 | ~1.8024% | ~$110,655 | +8978.1% |
| 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 | 2021–2024 | 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 | 2021, 2022, 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 | — |