715 PATTERSON AVE TX 78703
| Owner | DUPONT RAYMOND A & JEANNINE C |
|---|---|
| Parcel ID | 0109040308 |
| Short ID | 107122 |
| Type | Real |
| Use Code | 02 Duplex |
| Valuation | Cost |
| Improvement SF | 2,456 SF |
| Land SF | 8,270 SF |
| Acres | 0.190 |
| Year Built | 1983 |
| Legal | LOT 25 WEST END HEIGHTS |
| Neighborhood | Z3005 |
| Land | $848,818 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $848,818 |
| Improvement | $151,182 |
|---|---|
| Total Improvement | $151,182 |
| Market | $1,000,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,000,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,000,000 |
| Taxable Value | $1,000,000 |
|---|
Appreciation: Market value has risen +11.7% from $895,000 (2021) to $1,000,000 (2025), a CAGR of 2.8% 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 +37.9%, 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 $20,465. 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 85% of market value ($848,818 land vs $151,182 improvements), about $103/SF of land. With value concentrated in the land under a ~43-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 $1,000,000, this parcel sits in the top quartile (≥75th percentile) of Multi-Family property in Travis County — county median $519,778 (P25 $438,669 / P75 $749,859, n=12,584). 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 +2.8% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,148,739 by 2030, with an estimated annual tax burden around $21,639. 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.
6 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 095 | HVAC RESIDENTIAL | 2,456 SF | ✗ |
| 1ST | 1st Floor | 1,420 SF | ✓ |
| RSBLW | Residence Below | 1,036 SF | ✓ |
| 041 | GARAGE ATT 1ST F | 1,006 SF | ✓ |
| 011 | PORCH OPEN 1ST F | 72 SF | ✗ |
| 251 | BATHROOM | 4 SF | ✓ |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| 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% | $9,252.00 | $9,252.00 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $5,240.17 | $5,240.17 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,758.45 | $3,758.45 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,180.23 | $1,180.23 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,034.00 | $1,034.00 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $20,464.85 | $20,464.85 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $792,231 | $1,000,000 | -20.8% |
| Assessed Value | $792,231 | $1,000,000 | -20.8% |
| Land Value | $792,230 | $848,818 | -6.7% |
| Improvement Value | $1 | $151,182 | -100.0% |
| Taxable Value | $792,231 | $1,000,000 | -20.8% |
| Total Tax 2026 = estimate |
~$16,213
Estimated
|
~$20,465
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $963,275 | $792,231 | -171,044 (-17.8%) |
| Taxable Value | $963,275 | $792,231 | -171,044 (-17.8%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $792,231 | $792,230 | $1 | — | $792,231 | $792,231 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,000,000 | $848,818 | $151,182 | — | $1,000,000 | $1,000,000 | ~$20,465 | Partial |
| 2024 | $1,251,200 | — | — | −$501,200 | $750,000 | $— | $20,849 | Verified |
| 2023 | $980,076 | — | — | −$155,076 | $825,000 | $— | $22,637 | Verified |
| 2022 | $932,500 | — | — | −$107,500 | $825,000 | $— | $19,356 | Verified |
| 2021 | $895,000 | — | — | −$345,000 | $550,000 | $— | $20,298 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -3.7% | -3.7% | ~100% | Not available | Partial |
| 2025 | -4.9% | -4.9% | ~100% | Not available | Partial |
| 2024 | -15.9% | -15.9% | ~100% | 1.9800% | Verified |
| 2023 | +27.7% | +27.7% | ~100% | 1.8100% | Verified |
| 2022 | +5.1% | +5.1% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.2700% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +7.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -20.8% | -0.8% | +8.2% | +27.7% | 2024 | -20.8% | 2026 |
| Assessment Ratio | 100.0% | 82.4% | — | 100.0% | 2025 | 59.9% | 2024 |
| 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 |
$20,465 | $20,721 | ~$21,176 | $22,637 | 2023 | $19,356 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,028,121 | ~$1,028,121 | ~2.0139% | ~$20,706 | +2.8% |
| 2027 | ~$1,057,033 | ~$1,057,033 | ~1.9814% | ~$20,944 | +5.7% |
| 2028 | ~$1,086,758 | ~$1,086,758 | ~1.9488% | ~$21,179 | +8.7% |
| 2029 | ~$1,117,318 | ~$1,117,318 | ~1.9163% | ~$21,411 | +11.7% |
| 2030 | ~$1,148,739 | ~$1,148,739 | ~1.8837% | ~$21,639 | +14.9% |
| 2026 | ~$1,008,121 | ~$1,008,121 | ~2.0465% | ~$20,631 | +0.8% |
| 2027 | ~$1,016,308 | ~$1,016,308 | ~2.0465% | ~$20,799 | +1.6% |
| 2028 | ~$1,024,561 | ~$1,024,561 | ~2.0465% | ~$20,967 | +2.5% |
| 2029 | ~$1,032,882 | ~$1,032,882 | ~2.0465% | ~$21,138 | +3.3% |
| 2030 | ~$1,041,270 | ~$1,041,270 | ~2.0465% | ~$21,309 | +4.1% |
| 2026 | ~$1,048,121 | ~$1,048,121 | ~1.9977% | ~$20,938 | +4.8% |
| 2027 | ~$1,098,558 | ~$1,098,558 | ~1.9488% | ~$21,409 | +9.9% |
| 2028 | ~$1,151,421 | ~$1,151,421 | ~1.9000% | ~$21,877 | +15.1% |
| 2029 | ~$1,206,829 | ~$1,206,829 | ~1.8512% | ~$22,341 | +20.7% |
| 2030 | ~$1,264,903 | ~$1,264,903 | ~1.8024% | ~$22,798 | +26.5% |
In 2025, this property's market value of $1,000,000 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — +92% above the county median of $519,778. 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 | $1,000,000 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $1,251,200 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $980,076 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $932,500 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $895,000 | $300,453 | $376,850 | $539,896 | ↑ Top 25% | base yr |
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.