415 W 39 ST TX 78751
| Owner | FARAHANI FAMILY LLC |
|---|---|
| Parcel ID | 0219050214 |
| Short ID | 214625 |
| Type | Real |
| Use Code | 07 Apartment 50–100 Units |
| Valuation | Income |
| Improvement SF | 30,910 SF |
| Land SF | 42,750 SF |
| Acres | 0.981 |
| Year Built | 1972 |
| Legal | LOT A ANOTHER WORLD |
| Neighborhood | 08WC1 |
| Land | $2,565,000 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,565,000 |
| Improvement | $2,255,000 |
|---|---|
| Total Improvement | $2,255,000 |
| Market | $4,820,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $4,820,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $4,820,000 |
| Taxable Value | $4,820,000 |
|---|
Appreciation: Market value has risen +3.2% from $4,669,559 (2021) to $4,820,000 (2025), a CAGR of 0.8% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2021→2022), 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 $98,641. 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 53% of market value ($2,565,000 land vs $2,255,000 improvements), about $60/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $4,820,000, 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 +2.4% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $5,901,499 by 2031, with an estimated annual tax burden around $111,169. 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.
16 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 18,405 SF | ✗ |
| 2ND | 2nd Floor | 13,082 SF | ✓ |
| SO | Sketch Only | 13,082 SF | ✗ |
| 3RD | 3rd Floor | 9,781 SF | ✓ |
| 1ST | 1st Floor | 8,047 SF | ✓ |
| 487 | PARKING UNDER | 5,400 SF | ✓ |
| 011C | PORCH OPEN 1ST COMM | 2,110 SF | ✗ |
| 012C | PORCH OPEN 2 COMM | 1,930 SF | ✗ |
| 013C | PORCH OPEN 3 COMM | 1,930 SF | ✗ |
| 611 | TERRACE | 1,000 SF | ✗ |
| 601 | POOL COMM'L | 600 SF | ✗ |
| 132 | PLBG 5-FIXT AVG | 1 SF | ✓ |
| 192 | WATER HTR AVG | 1 SF | ✓ |
| 269 | OBS RANGE DRP-IN | 1 SF | ✓ |
| 413 | STAIRWAY EXT | 1 SF | ✓ |
| 531 | OBS FENCE | 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% | $44,594.64 | $44,594.64 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $25,257.62 | $25,257.62 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $18,115.73 | $18,115.73 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $5,688.71 | $5,688.71 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $4,983.88 | $4,983.88 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $98,640.58 | $98,640.58 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $44,594.64 | 45.2% |
| CAT City of Austin | 0.5240% | $25,257.62 | 25.6% |
| TCO Travis County | 0.3758% | $18,115.73 | 18.4% |
| THD Travis Central Health | 0.1180% | $5,688.71 | 5.8% |
| ACT Austin Community College | 0.1034% | $4,983.88 | 5.1% |
| Total | 2.0465% | $98,640.58 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $5,249,514 | $4,820,000 | +8.9% |
| Assessed Value | $5,249,514 | $4,820,000 | +8.9% |
| Land Value | $2,565,000 | $2,565,000 | +0.0% |
| Improvement Value | $2,684,514 | $2,255,000 | +19.0% |
| Taxable Value | $5,249,514 | $4,820,000 | +8.9% |
| Total Tax 2026 = estimate |
~$107,431
Estimated
|
~$98,641
Partial
|
ⓘ |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $5,249,514 | $2,565,000 | $2,684,514 | — | $5,249,514 | $5,249,514 | Not yet — post-cert | Preliminary |
| 2025 | $4,820,000 | $2,565,000 | $2,255,000 | — | $4,820,000 | $4,820,000 | ~$98,641 | Partial |
| 2024 | $5,031,073 | $2,565,000 | $2,466,073 | — | $5,031,073 | $5,031,073 | $99,707 | Verified |
| 2023 | $5,600,574 | $2,565,000 | $3,035,574 | — | $5,600,574 | $5,600,574 | $96,614 | Verified |
| 2022 | $5,388,588 | $2,565,000 | $2,823,588 | — | $5,388,588 | $5,388,588 | $99,130 | Verified |
| 2021 | $4,669,559 | $2,565,000 | $2,104,559 | — | $4,669,559 | $4,669,559 | $100,780 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +8.9% | +8.9% | ~100% | Not available | Partial |
| 2025 | -4.2% | -4.2% | ~100% | Not available | Partial |
| 2024 | -10.2% | -10.2% | ~100% | No billing data | Verified |
| 2023 | +3.9% | +3.9% | ~100% | No billing data | Verified |
| 2022 | +15.4% | +15.4% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +3.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +8.9% | +2.8% | +2.4% | +15.4% | 2022 | -10.2% | 2024 |
| 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 |
$98,641 | $98,974 | ~$109,723 | $100,780 | 2021 | $96,614 | 2023 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$5,373,877 | ~$5,373,877 | ~2.0139% | ~$108,226 | +2.4% |
| 2028 | ~$5,501,187 | ~$5,501,187 | ~1.9814% | ~$109,000 | +4.8% |
| 2029 | ~$5,631,512 | ~$5,631,512 | ~1.9488% | ~$109,749 | +7.3% |
| 2030 | ~$5,764,925 | ~$5,764,925 | ~1.9163% | ~$110,473 | +9.8% |
| 2031 | ~$5,901,499 | ~$5,901,499 | ~1.8837% | ~$111,169 | +12.4% |
| 2027 | ~$5,268,887 | ~$5,268,887 | ~2.0465% | ~$107,827 | +0.4% |
| 2028 | ~$5,288,331 | ~$5,288,331 | ~2.0465% | ~$108,225 | +0.7% |
| 2029 | ~$5,307,848 | ~$5,307,848 | ~2.0465% | ~$108,624 | +1.1% |
| 2030 | ~$5,327,436 | ~$5,327,436 | ~2.0465% | ~$109,025 | +1.5% |
| 2031 | ~$5,347,097 | ~$5,347,097 | ~2.0465% | ~$109,428 | +1.9% |
| 2027 | ~$5,478,868 | ~$5,478,868 | ~1.9977% | ~$109,449 | +4.4% |
| 2028 | ~$5,718,242 | ~$5,718,242 | ~1.9488% | ~$111,439 | +8.9% |
| 2029 | ~$5,968,074 | ~$5,968,074 | ~1.9000% | ~$113,394 | +13.7% |
| 2030 | ~$6,228,822 | ~$6,228,822 | ~1.8512% | ~$115,308 | +18.7% |
| 2031 | ~$6,500,962 | ~$6,500,962 | ~1.8024% | ~$117,171 | +23.8% |
In 2025, this property's market value of $4,820,000 places it in the top 25% for Multi-Family properties in Travis County (12570 comparable) — 9× 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 | $4,820,000 | $438,150 | $519,086 | $747,031 | ↑ Top 25% | -7.5% |
| 2024 | $5,031,073 | $467,312 | $564,206 | $847,583 | ↑ Top 25% | -6.3% |
| 2023 | $5,600,574 | $503,694 | $616,727 | $918,308 | ↑ Top 25% | +0.9% |
| 2022 | $5,388,588 | $506,269 | $614,560 | $904,074 | ↑ Top 25% | +39.0% |
| 2021 | $4,669,559 | $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 | — |