516 E 40 ST TX 78751
| Owner | UWEALTH CAPITAL INVESTMENTS LLC |
|---|---|
| Parcel ID | 0218061008 |
| Short ID | 213238 |
| Type | Real |
| Use Code | 05 Apartment 5–25 Units |
| Valuation | Income |
| Improvement SF | 3,960 SF |
| Land SF | 7,127 SF |
| Acres | 0.164 |
| Year Built | 1972 |
| Legal | LOT 13-14 LESS S3.82FT OF BLK 8 OLT 12 DIV C OAKLAWN ADDN |
| Neighborhood | 05WC2 |
| Land | $391,985 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $391,985 |
| Improvement | $1,192,015 |
|---|---|
| Total Improvement | $1,192,015 |
| Market | $1,584,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,584,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,584,000 |
| Taxable Value | $1,584,000 |
|---|
Appreciation: Market value has risen +34.6% from $1,176,553 (2021) to $1,584,000 (2025), a CAGR of 7.7% over 4 years. This represents moderate, steady growth. Growth has been fairly evenly spread across these years rather than concentrated in one jump. Over the same span, the median Multi-Family parcel countywide rose +19.0%, so this parcel has outpaced 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 $32,416. 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 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 25% of market value ($391,985 land vs $1,192,015 improvements), about $55/SF of land. Most value sits in the improvements, so building condition, age (~54 yrs), and rent roll drive the underwriting.
Submarket Position: At $1,584,000, this parcel sits in the top quartile (≥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 +6.1% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $2,132,548 by 2031, with an estimated annual tax burden around $40,172. 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.
11 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 3,525 SF | ✗ |
| 1ST | 1st Floor | 1,980 SF | ✓ |
| 2ND | 2nd Floor | 1,980 SF | ✓ |
| 011C | PORCH OPEN 1ST COMM | 324 SF | ✗ |
| 581C | STORAGE ATT COMM | 280 SF | ✓ |
| SO | Sketch Only | 280 SF | ✗ |
| 012C | PORCH OPEN 2 COMM | 252 SF | ✗ |
| 541 | FENCE COMM LF | 200 SF | ✗ |
| 132 | PLBG 5-FIXT AVG | 1 SF | ✓ |
| 269 | OBS RANGE DRP-IN | 1 SF | ✓ |
| 413 | STAIRWAY EXT | 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% | $14,655.17 | $14,655.17 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $8,300.43 | $8,300.43 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $5,953.38 | $5,953.38 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,869.48 | $1,869.48 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,637.86 | $1,637.86 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $32,416.32 | $32,416.32 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $14,655.17 | 45.2% |
| CAT City of Austin | 0.5240% | $8,300.43 | 25.6% |
| TCO Travis County | 0.3758% | $5,953.38 | 18.4% |
| THD Travis Central Health | 0.1180% | $1,869.48 | 5.8% |
| ACT Austin Community College | 0.1034% | $1,637.86 | 5.1% |
| Total | 2.0465% | $32,416.32 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,584,000 | $1,584,000 | +0.0% |
| Assessed Value | $1,584,000 | $1,584,000 | +0.0% |
| Land Value | $391,985 | $391,985 | +0.0% |
| Improvement Value | $1,192,015 | $1,192,015 | +0.0% |
| Taxable Value | $1,584,000 | $1,584,000 | +0.0% |
| Total Tax 2026 = estimate |
~$32,416
Estimated
|
~$32,416
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $1,584,000 | $391,985 | $1,192,015 | — | $1,584,000 | $1,584,000 | Not yet — post-cert | Preliminary |
| 2025 | $1,584,000 | $391,985 | $1,192,015 | — | $1,584,000 | $1,584,000 | ~$32,416 | Partial |
| 2024 | $1,465,200 | $391,985 | $1,073,215 | — | $1,465,200 | $1,465,200 | $29,038 | Verified |
| 2023 | $1,346,400 | $391,985 | $954,415 | — | $1,346,400 | $1,346,400 | $24,360 | Verified |
| 2022 | $1,287,000 | $391,985 | $895,015 | — | $1,287,000 | $1,287,000 | $25,417 | Verified |
| 2021 | $1,176,553 | $391,985 | $784,568 | — | $1,176,553 | $1,176,553 | $25,610 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2025 | +8.1% | +8.1% | ~100% | Not available | Partial |
| 2024 | +8.8% | +8.8% | ~100% | No billing data | Verified |
| 2023 | +4.6% | +4.6% | ~100% | No billing data | Verified |
| 2022 | +9.4% | +9.4% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +34.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +6.2% | +6.1% | +9.4% | 2022 | +0.0% | 2026 |
| 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 |
$32,416 | $27,368 | ~$36,956 | $32,416 | 2025 | $24,360 | 2023 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$1,681,063 | ~$1,681,063 | ~2.0139% | ~$33,856 | +6.1% |
| 2028 | ~$1,784,073 | ~$1,784,073 | ~1.9814% | ~$35,349 | +12.6% |
| 2029 | ~$1,893,396 | ~$1,893,396 | ~1.9488% | ~$36,899 | +19.5% |
| 2030 | ~$2,009,417 | ~$2,009,417 | ~1.9163% | ~$38,506 | +26.9% |
| 2031 | ~$2,132,548 | ~$2,132,548 | ~1.8837% | ~$40,172 | +34.6% |
| 2027 | ~$1,649,383 | ~$1,649,383 | ~2.0465% | ~$33,754 | +4.1% |
| 2028 | ~$1,717,464 | ~$1,717,464 | ~2.0465% | ~$35,148 | +8.4% |
| 2029 | ~$1,788,356 | ~$1,788,356 | ~2.0465% | ~$36,598 | +12.9% |
| 2030 | ~$1,862,174 | ~$1,862,174 | ~2.0465% | ~$38,109 | +17.6% |
| 2031 | ~$1,939,039 | ~$1,939,039 | ~2.0465% | ~$39,682 | +22.4% |
| 2027 | ~$1,712,743 | ~$1,712,743 | ~1.9977% | ~$34,215 | +8.1% |
| 2028 | ~$1,851,949 | ~$1,851,949 | ~1.9488% | ~$36,092 | +16.9% |
| 2029 | ~$2,002,470 | ~$2,002,470 | ~1.9000% | ~$38,047 | +26.4% |
| 2030 | ~$2,165,225 | ~$2,165,225 | ~1.8512% | ~$40,083 | +36.7% |
| 2031 | ~$2,341,208 | ~$2,341,208 | ~1.8024% | ~$42,197 | +47.8% |
In 2025, this property's market value of $1,584,000 places it in the top 25% for Multi-Family properties in Travis County (12570 comparable) — 3× 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 | $1,584,000 | $438,150 | $519,086 | $747,031 | ↑ Top 25% | -7.5% |
| 2024 | $1,465,200 | $467,312 | $564,206 | $847,583 | ↑ Top 25% | -6.3% |
| 2023 | $1,346,400 | $503,694 | $616,727 | $918,308 | ↑ Top 25% | +0.9% |
| 2022 | $1,287,000 | $506,269 | $614,560 | $904,074 | ↑ Top 25% | +39.0% |
| 2021 | $1,176,553 | $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 | — |