705 E 45 ST TX 78751
| Owner | HAWKSHEAD HOLDINGS LLC |
|---|---|
| Parcel ID | 0219080616 |
| Short ID | 214963 |
| Type | Real |
| Use Code | 02 Duplex |
| Valuation | Cost |
| Improvement SF | 1,948 SF |
| Land SF | 7,286 SF |
| Acres | 0.167 |
| Year Built | 1964 |
| Legal | LOT 4A RESUB OF LOT 1-4 BLK 4 OLT 15 DIV C RIDGETOP ANNEX |
| Neighborhood | Z64005 |
| Land | $372,509 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $372,509 |
| Improvement | $152,297 |
|---|---|
| Total Improvement | $152,297 |
| Market | $524,806 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $524,806 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $524,806 |
| Taxable Value | $524,806 |
|---|
Appreciation: Market value has fallen -11.9% from $595,499 (2021) to $524,806 (2025), a CAGR of -3.1% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2023→2024), 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 $10,740. 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 71% of market value ($372,509 land vs $152,297 improvements), about $51/SF of land. With value concentrated in the land under a ~62-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 $524,806, 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 +3.2% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $814,578 by 2031, with an estimated annual tax burden around $15,345. 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.
8 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 1,948 SF | ✓ |
| 095 | HVAC RESIDENTIAL | 1,948 SF | ✗ |
| 061 | CARPORT ATT 1ST | 830 SF | ✗ |
| 581 | STORAGE ATT | 340 SF | ✓ |
| 011 | PORCH OPEN 1ST F | 216 SF | ✗ |
| 612 | TERRACE UNCOVERD | 192 SF | ✗ |
| 252 | BEDROOMS | 4 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% | $4,855.51 | $4,855.51 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $2,750.07 | $2,750.07 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,972.46 | $1,972.46 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $619.39 | $619.39 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $542.65 | $542.65 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $10,740.08 | $10,740.08 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $4,855.51 | 45.2% |
| CAT City of Austin | 0.5240% | $2,750.07 | 25.6% |
| TCO Travis County | 0.3758% | $1,972.46 | 18.4% |
| THD Travis Central Health | 0.1180% | $619.39 | 5.8% |
| ACT Austin Community College | 0.1034% | $542.65 | 5.1% |
| Total | 2.0465% | $10,740.08 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $696,477 | $524,806 | +32.7% |
| Assessed Value | $629,767 | $524,806 | +20.0% |
| Land Value | $285,343 | $372,509 | -23.4% |
| Improvement Value | $411,134 | $152,297 | +170.0% |
| Taxable Value | $629,767 | $524,806 | +20.0% |
| HS Cap Loss | -$66,710 | — | |
| Total Tax 2026 = estimate |
~$12,888
Estimated
|
~$10,740
Partial
|
ⓘ |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $696,477 | $285,343 | $411,134 | −$66,710 | $629,767 | $629,767 | Not yet — post-cert | Preliminary |
| 2025 | $524,806 | $372,509 | $152,297 | — | $524,806 | $524,806 | ~$10,740 | Partial |
| 2024 | $479,676 | $350,000 | $129,676 | — | $479,676 | $479,676 | $8,793 | Verified |
| 2023 | $765,129 | $350,000 | $415,129 | — | $765,129 | $765,129 | $13,843 | Verified |
| 2022 | $813,967 | $350,000 | $463,967 | — | $813,967 | $813,967 | $16,075 | Verified |
| 2021 | $595,499 | $325,000 | $270,499 | — | $595,499 | $595,499 | $12,962 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +32.7% | +20.0% | 90.4% | Not available | Partial |
| 2025 | +9.4% | +9.4% | ~100% | Not available | Partial |
| 2024 | -37.3% | -37.3% | ~100% | No billing data | Verified |
| 2023 | -6.0% | -6.0% | ~100% | No billing data | Verified |
| 2022 | +36.7% | +36.7% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): -11.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +32.7% | +7.1% | +3.2% | +36.7% | 2022 | -37.3% | 2024 |
| Assessment Ratio | 90.4% | 98.4% | — | 100.0% | 2021 | 90.4% | 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 |
$10,740 | $12,483 | ~$14,805 | $16,075 | 2022 | $8,793 | 2024 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$718,641 | ~$692,744 | ~2.0139% | ~$13,951 | +3.2% |
| 2028 | ~$741,510 | ~$741,510 | ~1.9814% | ~$14,692 | +6.5% |
| 2029 | ~$765,107 | ~$765,107 | ~1.9488% | ~$14,911 | +9.9% |
| 2030 | ~$789,455 | ~$789,455 | ~1.9163% | ~$15,128 | +13.3% |
| 2031 | ~$814,578 | ~$814,578 | ~1.8837% | ~$15,345 | +17.0% |
| 2027 | ~$704,711 | ~$692,744 | ~2.0465% | ~$14,177 | +1.2% |
| 2028 | ~$713,043 | ~$713,043 | ~2.0465% | ~$14,592 | +2.4% |
| 2029 | ~$721,473 | ~$721,473 | ~2.0465% | ~$14,765 | +3.6% |
| 2030 | ~$730,003 | ~$730,003 | ~2.0465% | ~$14,939 | +4.8% |
| 2031 | ~$738,634 | ~$738,634 | ~2.0465% | ~$15,116 | +6.1% |
| 2027 | ~$732,570 | ~$692,744 | ~1.9977% | ~$13,839 | +5.2% |
| 2028 | ~$770,534 | ~$762,018 | ~1.9488% | ~$14,851 | +10.6% |
| 2029 | ~$810,466 | ~$810,466 | ~1.9000% | ~$15,399 | +16.4% |
| 2030 | ~$852,466 | ~$852,466 | ~1.8512% | ~$15,781 | +22.4% |
| 2031 | ~$896,644 | ~$896,644 | ~1.8024% | ~$16,161 | +28.7% |
In 2025, this property's market value of $524,806 places it in the 50th–75th percentile for Multi-Family properties in Travis County (12570 comparable) — +1% 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 | $524,806 | $438,150 | $519,086 | $747,031 | ↑ Above median | -7.5% |
| 2024 | $479,676 | $467,312 | $564,206 | $847,583 | ↓ Below median | -6.3% |
| 2023 | $765,129 | $503,694 | $616,727 | $918,308 | ↑ Above median | +0.9% |
| 2022 | $813,967 | $506,269 | $614,560 | $904,074 | ↑ Above median | +39.0% |
| 2021 | $595,499 | $353,349 | $436,046 | $657,886 | ↑ Above median | 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 | — |