500 CAROLYN AVE TX 78705
| Owner | CAROLYN & DUVAL LLC |
|---|---|
| Parcel ID | 0217061109 |
| Short ID | 211646 |
| Type | Real |
| Use Code | 02 Duplex |
| Valuation | Cost |
| Improvement SF | 2,000 SF |
| Land SF | 7,165 SF |
| Acres | 0.164 |
| Year Built | 1948 |
| Legal | S 80FT OF LOT 1 *& S 80FT OF W 37FT LOT 2 BLK 2 OLT 7-8 DIV C HARPERS SUBD |
| Neighborhood | Z64005 |
| Land | $545,392 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $545,392 |
| Improvement | $117,613 |
|---|---|
| Total Improvement | $117,613 |
| Market | $663,005 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $663,005 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $663,005 |
| Taxable Value | $663,005 |
|---|
Appreciation: Market value has fallen -5.0% from $697,895 (2021) to $663,005 (2025), a CAGR of -1.3% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2024→2025), not a steady climb — worth checking what drove that reappraisal rather than assuming a smooth trend. Over the same span, the median Multi-Family parcel countywide rose +19.0%, so this parcel has lagged 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 $13,568. 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 82% of market value ($545,392 land vs $117,613 improvements), about $76/SF of land. With value concentrated in the land under a ~78-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 $663,005, this parcel sits in the upper-middle (50th–75th percentile) of Multi-Family property in Travis County — county median $519,086 (P25 $438,150 / P75 $747,031, n=12,570). 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 -1.0% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $629,050 by 2031, with an estimated annual tax burden around $11,850. 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 | 2,000 SF | ✓ |
| 061 | CARPORT ATT 1ST | 483 SF | ✗ |
| 011 | PORCH OPEN 1ST F | 132 SF | ✗ |
| 251 | BATHROOM | 2 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% | $6,134.12 | $6,134.12 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $3,474.26 | $3,474.26 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,491.87 | $2,491.87 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $782.50 | $782.50 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $685.55 | $685.55 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $13,568.30 | $13,568.30 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $6,134.12 | 45.2% |
| CAT City of Austin | 0.5240% | $3,474.26 | 25.6% |
| TCO Travis County | 0.3758% | $2,491.87 | 18.4% |
| THD Travis Central Health | 0.1180% | $782.50 | 5.8% |
| ACT Austin Community College | 0.1034% | $685.55 | 5.1% |
| Total | 2.0465% | $13,568.30 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $662,579 | $663,005 | -0.1% |
| Assessed Value | $662,579 | $663,005 | -0.1% |
| Land Value | $368,512 | $545,392 | -32.4% |
| Improvement Value | $294,067 | $117,613 | +150.0% |
| Taxable Value | $662,579 | $663,005 | -0.1% |
| Total Tax 2026 = estimate |
~$13,560
Estimated
|
~$13,568
Partial
|
ⓘ |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $662,579 | $368,512 | $294,067 | — | $662,579 | $662,579 | Not yet — post-cert | Preliminary |
| 2025 | $663,005 | $545,392 | $117,613 | — | $663,005 | $663,005 | ~$13,568 | Partial |
| 2024 | $860,751 | $750,000 | $110,751 | — | $860,751 | $860,751 | $17,058 | Verified |
| 2023 | $867,508 | $350,000 | $517,508 | — | $867,508 | $867,508 | $15,695 | Verified |
| 2022 | $867,508 | $350,000 | $517,508 | — | $867,508 | $867,508 | $17,133 | Verified |
| 2021 | $697,895 | $325,000 | $372,895 | — | $697,895 | $697,895 | $15,191 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -0.1% | -0.1% | ~100% | Not available | Partial |
| 2025 | -23.0% | -23.0% | ~100% | Not available | Partial |
| 2024 | -0.8% | -0.8% | ~100% | No billing data | Verified |
| 2023 | +0.0% | +0.0% | ~100% | No billing data | Verified |
| 2022 | +24.3% | +24.3% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): -5.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -0.1% | +0.1% | -1.0% | +24.3% | 2022 | -23.0% | 2025 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2021 | 100.0% | 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 |
$13,568 | $15,729 | ~$12,522 | $17,133 | 2022 | $13,568 | 2025 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$655,733 | ~$655,733 | ~2.0139% | ~$13,206 | -1.0% |
| 2028 | ~$648,958 | ~$648,958 | ~1.9814% | ~$12,858 | -2.1% |
| 2029 | ~$642,253 | ~$642,253 | ~1.9488% | ~$12,516 | -3.1% |
| 2030 | ~$635,617 | ~$635,617 | ~1.9163% | ~$12,180 | -4.1% |
| 2031 | ~$629,050 | ~$629,050 | ~1.8837% | ~$11,850 | -5.1% |
| 2027 | ~$642,482 | ~$642,482 | ~2.0465% | ~$13,148 | -3.0% |
| 2028 | ~$622,994 | ~$622,994 | ~2.0465% | ~$12,749 | -6.0% |
| 2029 | ~$604,097 | ~$604,097 | ~2.0465% | ~$12,363 | -8.8% |
| 2030 | ~$585,774 | ~$585,774 | ~2.0465% | ~$11,988 | -11.6% |
| 2031 | ~$568,006 | ~$568,006 | ~2.0465% | ~$11,624 | -14.3% |
| 2027 | ~$668,985 | ~$668,985 | ~1.9977% | ~$13,364 | +1.0% |
| 2028 | ~$675,453 | ~$675,453 | ~1.9488% | ~$13,163 | +1.9% |
| 2029 | ~$681,983 | ~$681,983 | ~1.9000% | ~$12,958 | +2.9% |
| 2030 | ~$688,576 | ~$688,576 | ~1.8512% | ~$12,747 | +3.9% |
| 2031 | ~$695,233 | ~$695,233 | ~1.8024% | ~$12,531 | +4.9% |
In 2025, this property's market value of $663,005 places it in the 50th–75th percentile for Multi-Family properties in Travis County (12570 comparable) — +28% above the county median of $519,086. 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 | $663,005 | $438,150 | $519,086 | $747,031 | ↑ Above median | -7.5% |
| 2024 | $860,751 | $467,312 | $564,206 | $847,583 | ↑ Top 25% | -6.3% |
| 2023 | $867,508 | $503,694 | $616,727 | $918,308 | ↑ Above median | +0.9% |
| 2022 | $867,508 | $506,269 | $614,560 | $904,074 | ↑ Above median | +39.0% |
| 2021 | $697,895 | $353,349 | $436,046 | $657,886 | ↑ Top 25% | base yr |
| 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 | — |