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607 PARK BLVD TX 78751

Travis County, TX · Multi-Family Appraisal: 2025 Certified Billing: 2025 Partial 2021–24 billing ✓
2025 Certified
Market Value
$461,776
2025 Verified
Taxable Value
$439,293
2025 Verified (5% below market)
Total Tax
~$6,965
2025 Partial
Effective Tax Rate (2025)
1.5100%
2025 Tax ÷ 2025 Market Value Partial
2026 Preliminary
Market Value
$842,994
+82.6% 2025 → 2026 Preliminary
Taxable Value
$491,537
2026 Preliminary (42% below market)
Est. 2026 Total Tax
~$10,059
2026 Estimated
Est. 2026 Effective Tax Rate
1.1933%
Est. 2026 Tax ÷ 2026 Market Value Estimated
Overview History Projection Position
2026 Property Tax Calendar ◷ Today: July 22, 2026
Valuation Date
Jan 1
Notices Mailed
Apr 15
Protest Deadline
May 15
Rates Adopted
Sep 1
Bills Mailed
Oct 1
Payment Due
Jan 31
This parcel's 2026 values are still Preliminary as of today.
Property Info
Owner DEINERT ERIKA I
Parcel ID 0219080203
Short ID 214859
Type Real
Use Code 02 Duplex
Valuation Cost
Improvement SF 1,966 SF
Land SF 7,009 SF
Acres 0.161
Year Built 1935
Legal LOT 4 BLK 4 OLT 14 DIV C IDEAL PLACE & ADJ 10FT ALLEY
Neighborhood Z64005
Current Values 2025 Certified
Land$367,664
Special Use Land MarketNot Available
Total Land $367,664
Improvement$94,112
Total Improvement $94,112
Market$461,776
Special Use Exclusion (−)Not Available
Appraised$461,776
Value Limitation Adjustment (−) (homestead cap)−$22,483
Net Appraised (assessed) $439,293
Exemptions on fileHS
Taxable Value $439,293
Build-up from 2025 TCAD certified values. Land and Improvement are shown as single totals — Parcelytics' loaders capture one aggregate value per year, not TCAD's Homesite / Non-Homesite split. Special Use Land Market and Special Use Exclusion (agricultural/productivity valuation) are not in the current dataset.
Satellite View Imagery: Esri
Satellite image not available
We couldn't locate this property on the map — this can happen for parcels whose address our geocoder can't confidently match.
Investor Insight Report

Appreciation: Market value has fallen -19.0% from $570,345 (2021) to $461,776 (2025), a CAGR of -5.1% over 4 years. Growth has been relatively flat for this asset class. 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 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 $8,990. Austin ISD is the largest single contributor, at 39.8% of the total 2025 levy.

Assessment Gap: Assessed value ($439,293) is $22,483 below market value, suggesting potential for an upward assessment in future years.

Asset Class: Multi-family residential. This is valued using the cost approach, tied more to replacement cost and physical condition than to income performance.


Investment Snapshot — 2025 certified basis
Building (Main)
1,966 SF
living area
Gross Building
2,329 SF
enclosed area
Land
7,009 SF
0.161 ac
Value / Bldg SF
$235
all-in (incl. land)
Land $/SF
$52
land value only
Land Value Share
80%
Year Built
1935
~91 yrs old
Eff. Tax Rate
1.510%
total tax ÷ market value
Assessment Ratio
95.1%
below typical ~100%
Est. Annual Tax
$8,990
2025 taxable × rate

Value Composition: Land carries 80% of market value ($367,664 land vs $94,112 improvements), about $52/SF of land. With value concentrated in the land under a ~91-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 $461,776, this parcel sits in the lower-middle (25th–50th 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 +8.1% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $1,245,981 by 2031, with an estimated annual tax burden around $14,912. 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.

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Improvement Detail
Improvement Value
$94,112
Main Area
1,966 SF
Gross Building Area
2,329 SF
Year Built
1935
TCAD's page also shows Class CD, Exterior Wall, Number of Units, and EFF Year Built per component, plus an "Improvement Features" block (Foundation, Roof Style, Roof Covering, etc.) — not in Parcelytics' current dataset (see footer), so left out here rather than guessed.
7 components · show ▾hide ▴
Code Description SF In Gross
1ST 1st Floor 1,001 SF
2ND 2nd Floor 965 SF
031 GARAGE DET 1ST F 360 SF
SO Sketch Only 84 SF
011 PORCH OPEN 1ST F 72 SF
251 BATHROOM 2 SF
413 STAIRWAY EXT 1 SF
Post-Acquisition Tax Estimate Estimate · Not a prediction
Property: 1,966 SF main area · 2,329 SF gross · 0.161 ac lot
$

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.

Rate Environment
Historical Tax Rates by Entity (Travis County)
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% $2,769.06 $2,769.06 Paid
CAT City of Austin 0.5410% 0.4627% 0.4458% 0.4776% 0.5240% +0.0464% $1,928.72 $1,928.72 Paid
TCO Travis County 0.3574% 0.3182% 0.3047% 0.3444% 0.3758% +0.0314% $1,383.35 $1,383.35 Paid
ACT Austin Community College 0.1048% 0.0987% 0.0986% 0.1013% 0.1034% +0.0021% $449.06 $449.06 Paid
THD Travis Central Health 0.1118% 0.0987% 0.1007% 0.1080% 0.1180% +0.0101% $434.40 $434.40 Paid
Combined Rate 2.1767% 1.9749% 1.8092% 1.9818% 2.0465% +0.0647% $6,964.59 $6,964.59 Paid
2025 Tax Burden — Entity Split
IAU
39.8% $2,769
CAT
27.7% $1,929
TCO
19.9% $1,383
ACT
6.4% $449
THD
6.2% $434
Total: $6,965
2025 Tax by Entity — Rate, Amount & Share
Entity Tax Rate Amount Due Share
IAU Austin ISD 0.9252% $2,769.06 39.8%
CAT City of Austin 0.5240% $1,928.72 27.7%
TCO Travis County 0.3758% $1,383.35 19.9%
ACT Austin Community College 0.1034% $449.06 6.4%
THD Travis Central Health 0.1180% $434.40 6.2%
Total 2.0465% $6,964.59 100.0%
Value History 2021–2026
Current & Preliminary Values
2026 Preliminary Preliminary 2025 Certified Certified Change 2025→2026
Market Value $842,994 $461,776 +82.6%
Assessed Value $491,537 $439,293 +11.9%
Land Value $525,082 $367,664 +42.8%
Improvement Value $317,912 $94,112 +237.8%
Taxable Value $491,537 $439,293 +11.9%
Exemptions HS HS
HS Cap Loss -$351,457
Total Tax 2026 = estimate
~$10,059
Estimated
~$6,965
Partial
Value History (2021–2026)
Year Market Value Land Value Imprv Value Value Limitation Adj (−) Net Appraised (Assessed) Taxable Value Total Tax Source
2026 Pre $842,994 $525,082 $317,912 −$351,457 $491,537 $491,537 Not yet — post-cert Preliminary
2025 $461,776 $367,664 $94,112 −$22,483 $439,293 $439,293 ~$6,965 Partial
2024 $393,058 $350,000 $43,058 $393,058 $328,305 $6,232 Verified
2023 $681,640 $350,000 $331,640 $681,640 $587,498 $10,667 Verified
2022 $729,027 $350,000 $379,027 −$65,199 $663,828 $577,900 $11,951 Verified
2021 $570,345 $325,000 $245,345 −$14,627 $555,718 $477,601 $11,036 Verified
Value Trend
Market Value vs. Taxable Value gap up to 41.7%
Year-over-Year Growth & Assessment Metrics
Year MktVal YoY Assessed YoY Asmt Ratio Eff. Tax Rate Coverage
2026 +82.6% ! +11.9% 58.3% Not available Partial
2025 +17.5% +11.8% 95.1% Not available Partial
2024 -42.3% -42.3% ~100% No billing data Verified
2023 -6.5% +2.7% ~100% No billing data Verified
2022 +27.8% +19.5% 91.1% No billing data Verified
2021 base year 97.4% No billing data Verified
Cumulative market value growth (earliest valid year → 2025): -19.0%
Annual Trends Tax billing 2025 only
Risk Indicators
Risk Indicators
!
Large Value Jump

Market value changed by 83% in 2026, flagged as unusually large. Verify against comparable sales before using this value in underwriting.

6-Year Projection Estimates Only
5-Year Tax Projection — Scenario Bands Estimates Only
Show illustrative scenario:
Year ~Mkt Value ~Assessed ~Rate ~Ann. Tax Value Δ
2027 ~$911,511 ~$540,691 ~2.0139% ~$10,889 +8.1%
2028 ~$985,597 ~$594,760 ~1.9814% ~$11,785 +16.9%
2029 ~$1,065,704 ~$654,236 ~1.9488% ~$12,750 +26.4%
2030 ~$1,152,322 ~$719,659 ~1.9163% ~$13,791 +36.7%
2031 ~$1,245,981 ~$791,625 ~1.8837% ~$14,912 +47.8%
Submarket Position
Where This Property Stands — Multi-Family Benchmark

In 2025, this property's market value of $461,776 places it in the 25th–50th percentile for Multi-Family properties in Travis County (12570 comparable) — -11% below 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 $461,776 $438,150 $519,086 $747,031 ↓ Below median -7.5%
2024 $393,058 $467,312 $564,206 $847,583 ↓ Bottom 25% -6.3%
2023 $681,640 $503,694 $616,727 $918,308 ↑ Above median +0.9%
2022 $729,027 $506,269 $614,560 $904,074 ↑ Above median +39.0%
2021 $570,345 $353,349 $436,046 $657,886 ↑ Above median base yr
Documents & Sources
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