212 W 43 ST TX
| Owner | PAULL KEVORKIAN LIVING TRUST & |
|---|---|
| Parcel ID | 0221051501 |
| Short ID | 218116 |
| Type | Real |
| Use Code | 02 Duplex |
| Valuation | Cost |
| Improvement SF | 3,706 SF |
| Land SF | 12,056 SF |
| Acres | 0.277 |
| Year Built | 1907 |
| Legal | LOT 13-16 BLK 13 HYDE PARK ADDN NO 1 |
| Neighborhood | Z65005 |
| Land | $799,036 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $799,036 |
| Improvement | $196,855 |
|---|---|
| Total Improvement | $196,855 |
| Market | $995,891 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $995,891 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $995,891 |
| Taxable Value | $995,891 |
|---|
Appreciation: Market value has fallen -5.9% from $1,057,897 (2021) to $995,891 (2025), a CAGR of -1.5% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2022→2023), 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 $20,381. 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 80% of market value ($799,036 land vs $196,855 improvements), about $66/SF of land. With value concentrated in the land under a ~119-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 $995,891, 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 +2.3% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $1,332,469 by 2031, with an estimated annual tax burden around $25,100. 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.
5 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 095 | HVAC RESIDENTIAL | 3,206 SF | ✗ |
| 1ST | 1st Floor | 2,940 SF | ✓ |
| 1/2 | Half Floor | 766 SF | ✓ |
| 011 | PORCH OPEN 1ST F | 342 SF | ✗ |
| 251 | BATHROOM | 4 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% | $9,213.98 | $9,213.98 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $5,218.64 | $5,218.64 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,743.01 | $3,743.01 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,175.38 | $1,175.38 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,029.75 | $1,029.75 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $20,380.76 | $20,380.76 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $9,213.98 | 45.2% |
| CAT City of Austin | 0.5240% | $5,218.64 | 25.6% |
| TCO Travis County | 0.3758% | $3,743.01 | 18.4% |
| THD Travis Central Health | 0.1180% | $1,175.38 | 5.8% |
| ACT Austin Community College | 0.1034% | $1,029.75 | 5.1% |
| Total | 2.0465% | $20,380.76 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,187,272 | $995,891 | +19.2% |
| Assessed Value | $1,187,272 | $995,891 | +19.2% |
| Land Value | $563,757 | $799,036 | -29.4% |
| Improvement Value | $623,515 | $196,855 | +216.7% |
| Taxable Value | $1,187,272 | $995,891 | +19.2% |
| Total Tax 2026 = estimate |
~$24,297
Estimated
|
~$20,381
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $1,187,272 | $563,757 | $623,515 | — | $1,187,272 | $1,187,272 | Not yet — post-cert | Preliminary |
| 2025 | $995,891 | $799,036 | $196,855 | — | $995,891 | $995,891 | ~$20,381 | Partial |
| 2024 | $1,133,540 | $797,500 | $336,040 | — | $1,133,540 | $1,133,540 | $22,465 | Verified |
| 2023 | $1,020,614 | $797,500 | $223,114 | — | $1,020,614 | $1,020,614 | $18,465 | Verified |
| 2022 | $1,244,363 | $797,500 | $446,863 | — | $1,244,363 | $1,244,363 | $24,575 | Verified |
| 2021 | $1,057,897 | $507,500 | $550,397 | — | $1,057,897 | $1,057,897 | $23,027 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +19.2% | +19.2% | ~100% | Not available | Partial |
| 2025 | -12.1% | -12.1% | ~100% | Not available | Partial |
| 2024 | +11.1% | +11.1% | ~100% | No billing data | Verified |
| 2023 | -18.0% | -18.0% | ~100% | No billing data | Verified |
| 2022 | +17.6% | +17.6% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): -5.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +19.2% | +3.6% | +2.3% | +19.2% | 2026 | -18.0% | 2023 |
| 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 |
$20,381 | $21,783 | ~$24,791 | $24,575 | 2022 | $18,465 | 2023 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$1,214,987 | ~$1,214,987 | ~2.0139% | ~$24,469 | +2.3% |
| 2028 | ~$1,243,349 | ~$1,243,349 | ~1.9814% | ~$24,636 | +4.7% |
| 2029 | ~$1,272,373 | ~$1,272,373 | ~1.9488% | ~$24,797 | +7.2% |
| 2030 | ~$1,302,074 | ~$1,302,074 | ~1.9163% | ~$24,952 | +9.7% |
| 2031 | ~$1,332,469 | ~$1,332,469 | ~1.8837% | ~$25,100 | +12.2% |
| 2027 | ~$1,191,241 | ~$1,191,241 | ~2.0465% | ~$24,379 | +0.3% |
| 2028 | ~$1,195,224 | ~$1,195,224 | ~2.0465% | ~$24,460 | +0.7% |
| 2029 | ~$1,199,220 | ~$1,199,220 | ~2.0465% | ~$24,542 | +1.0% |
| 2030 | ~$1,203,230 | ~$1,203,230 | ~2.0465% | ~$24,624 | +1.3% |
| 2031 | ~$1,207,252 | ~$1,207,252 | ~2.0465% | ~$24,706 | +1.7% |
| 2027 | ~$1,238,732 | ~$1,238,732 | ~1.9977% | ~$24,746 | +4.3% |
| 2028 | ~$1,292,423 | ~$1,292,423 | ~1.9488% | ~$25,187 | +8.9% |
| 2029 | ~$1,348,441 | ~$1,348,441 | ~1.9000% | ~$25,621 | +13.6% |
| 2030 | ~$1,406,887 | ~$1,406,887 | ~1.8512% | ~$26,044 | +18.5% |
| 2031 | ~$1,467,866 | ~$1,467,866 | ~1.8024% | ~$26,456 | +23.6% |
In 2025, this property's market value of $995,891 places it in the top 25% for Multi-Family properties in Travis County (12570 comparable) — +92% 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 | $995,891 | $438,150 | $519,086 | $747,031 | ↑ Top 25% | -7.5% |
| 2024 | $1,133,540 | $467,312 | $564,206 | $847,583 | ↑ Top 25% | -6.3% |
| 2023 | $1,020,614 | $503,694 | $616,727 | $918,308 | ↑ Top 25% | +0.9% |
| 2022 | $1,244,363 | $506,269 | $614,560 | $904,074 | ↑ Top 25% | +39.0% |
| 2021 | $1,057,897 | $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 | — |