5505 HELEN ST TX 78751
| Owner | 5505 HELEN LLP |
|---|---|
| Parcel ID | 0223121216 |
| Short ID | 221923 |
| Type | Real |
| Use Code | 05 Apartment 5–25 Units |
| Valuation | Income |
| Improvement SF | 4,987 SF |
| Land SF | 22,914 SF |
| Acres | 0.526 |
| Year Built | 1966 |
| Legal | LOT 30 MORNINGSIDE ADDN SEC 2 |
| Neighborhood | 05NC1 |
| Land | $801,990 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $801,990 |
| Improvement | $130,705 |
|---|---|
| Total Improvement | $130,705 |
| Market | $932,695 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $932,695 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $932,695 |
| Taxable Value | $932,695 |
|---|
Appreciation: Market value has risen +3.5% from $900,861 (2021) to $932,695 (2025), a CAGR of 0.9% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2025→2026), 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 $19,087. 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 86% of market value ($801,990 land vs $130,705 improvements), about $35/SF of land. With value concentrated in the land under a ~60-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 $932,695, 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 +12.1% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $2,826,968 by 2031, with an estimated annual tax burden around $32,765. 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.
9 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 611 | TERRACE | 7,161 SF | ✗ |
| 1ST | 1st Floor | 4,987 SF | ✓ |
| 551 | PAVED AREA | 2,500 SF | ✗ |
| 581C | STORAGE ATT COMM | 435 SF | ✓ |
| 591 | MASONRY TRIM SF | 300 SF | ✗ |
| 011C | PORCH OPEN 1ST COMM | 284 SF | ✗ |
| 541 | FENCE COMM LF | 200 SF | ✗ |
| 132 | PLBG 5-FIXT AVG | 1 SF | ✓ |
| 336 | FENCE MASON FV | 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% | $8,326.80 | $8,326.80 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $4,716.15 | $4,716.15 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,382.61 | $3,382.61 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,062.21 | $1,062.21 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $930.60 | $930.60 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $18,418.37 | $18,418.37 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $8,326.80 | 45.2% |
| CAT City of Austin | 0.5240% | $4,716.15 | 25.6% |
| TCO Travis County | 0.3758% | $3,382.61 | 18.4% |
| THD Travis Central Health | 0.1180% | $1,062.21 | 5.8% |
| ACT Austin Community College | 0.1034% | $930.60 | 5.1% |
| Total | 2.0465% | $18,418.37 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,595,840 | $932,695 | +71.1% |
| Assessed Value | $1,080,000 | $932,695 | +15.8% |
| Land Value | $801,990 | $801,990 | +0.0% |
| Improvement Value | $793,850 | $130,705 | +507.4% |
| Taxable Value | $1,080,000 | $932,695 | +15.8% |
| HS Cap Loss | -$515,840 | — | |
| Total Tax 2026 = estimate |
~$22,102
Estimated
|
~$18,418
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $1,595,840 | $801,990 | $793,850 | −$515,840 | $1,080,000 | $1,080,000 | Not yet — post-cert | Preliminary |
| 2025 | $932,695 | $801,990 | $130,705 | — | $932,695 | $932,695 | ~$18,418 | Partial |
| 2024 | $932,695 | $801,990 | $130,705 | — | $932,695 | $932,695 | $18,484 | Verified |
| 2023 | $1,022,866 | $801,990 | $220,876 | — | $1,022,866 | $1,022,866 | $18,506 | Verified |
| 2022 | $971,971 | $801,990 | $169,981 | — | $971,971 | $971,971 | $19,196 | Verified |
| 2021 | $900,861 | $801,990 | $98,871 | — | $900,861 | $900,861 | $19,609 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +71.1% | +15.8% | 67.7% | Not available | Partial |
| 2025 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2024 | -8.8% | -8.8% | ~100% | No billing data | Verified |
| 2023 | +5.2% | +5.2% | ~100% | No billing data | Verified |
| 2022 | +7.9% | +7.9% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +3.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +71.1% | +15.1% | +12.1% | +71.1% | 2026 | -8.8% | 2024 |
| Assessment Ratio | 67.7% | 94.6% | — | 100.0% | 2021 | 67.7% | 2026 |
| Effective Tax Rate (2025) | 1.9700% | 1.9700% | — | 1.9700% | 2025 | 1.9700% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$18,418 | $18,843 | ~$28,180 | $19,609 | 2021 | $18,418 | 2025 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$1,789,187 | ~$1,188,000 | ~2.0139% | ~$23,926 | +12.1% |
| 2028 | ~$2,005,959 | ~$1,306,800 | ~1.9814% | ~$25,893 | +25.7% |
| 2029 | ~$2,248,994 | ~$1,437,480 | ~1.9488% | ~$28,014 | +40.9% |
| 2030 | ~$2,521,475 | ~$1,581,228 | ~1.9163% | ~$30,301 | +58.0% |
| 2031 | ~$2,826,968 | ~$1,739,351 | ~1.8837% | ~$32,765 | +77.1% |
| 2027 | ~$1,757,270 | ~$1,188,000 | ~2.0465% | ~$24,312 | +10.1% |
| 2028 | ~$1,935,029 | ~$1,306,800 | ~2.0465% | ~$26,743 | +21.3% |
| 2029 | ~$2,130,771 | ~$1,437,480 | ~2.0465% | ~$29,418 | +33.5% |
| 2030 | ~$2,346,312 | ~$1,581,228 | ~2.0465% | ~$32,360 | +47.0% |
| 2031 | ~$2,583,658 | ~$1,739,351 | ~2.0465% | ~$35,596 | +61.9% |
| 2027 | ~$1,821,103 | ~$1,188,000 | ~1.9977% | ~$23,732 | +14.1% |
| 2028 | ~$2,078,164 | ~$1,306,800 | ~1.9488% | ~$25,467 | +30.2% |
| 2029 | ~$2,371,511 | ~$1,437,480 | ~1.9000% | ~$27,312 | +48.6% |
| 2030 | ~$2,706,266 | ~$1,581,228 | ~1.8512% | ~$29,272 | +69.6% |
| 2031 | ~$3,088,273 | ~$1,739,351 | ~1.8024% | ~$31,350 | +93.5% |
In 2025, this property's market value of $932,695 places it in the top 25% for Multi-Family properties in Travis County (12570 comparable) — +80% 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 | $932,695 | $438,150 | $519,086 | $747,031 | ↑ Top 25% | -7.5% |
| 2024 | $932,695 | $467,312 | $564,206 | $847,583 | ↑ Top 25% | -6.3% |
| 2023 | $1,022,866 | $503,694 | $616,727 | $918,308 | ↑ Top 25% | +0.9% |
| 2022 | $971,971 | $506,269 | $614,560 | $904,074 | ↑ Top 25% | +39.0% |
| 2021 | $900,861 | $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 | — |