2400 ENFIELD RD TX 78703
| Owner | HENDERSON PARTNERS-ATX LLC |
|---|---|
| Parcel ID | 0114050811 |
| Short ID | 114196 |
| Type | Real |
| Use Code | 05 Apartment 5–25 Units |
| Valuation | Income |
| Improvement SF | 10,966 SF |
| Land SF | 19,300 SF |
| Acres | 0.443 |
| Year Built | 1964 |
| Legal | E 115.3 FT OF S 167.4 FT LOT 7 BLK 9 WESTFIELD A |
| Neighborhood | 05CEN |
| Land | $1,930,000 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,930,000 |
| Improvement | $500,000 |
|---|---|
| Total Improvement | $500,000 |
| Market | $2,430,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,430,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $2,430,000 |
| Taxable Value | $2,430,000 |
|---|
Appreciation: Market value has risen +54.6% from $1,571,766 (2021) to $2,430,000 (2025), a CAGR of 11.5% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2024→2025), 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 outpaced 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 $49,730. 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 79% of market value ($1,930,000 land vs $500,000 improvements), about $100/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 $2,430,000, 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 +11.5% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $4,189,182 by 2030, with an estimated annual tax burden around $73,721. 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.
12 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 5,623 SF | ✓ |
| 2ND | 2nd Floor | 5,343 SF | ✓ |
| 551 | PAVED AREA | 3,630 SF | ✗ |
| 051C | CARPORT DET 1ST COMM | 2,720 SF | ✗ |
| 611 | TERRACE | 1,524 SF | ✗ |
| 132 | PLBG 5-FIXT AVG | 1 SF | ✓ |
| 142 | BATHTUB AVG | 1 SF | ✓ |
| 152 | COMMODE AVG | 1 SF | ✓ |
| 162 | LAVATORY AVG | 1 SF | ✓ |
| 242 | OBS OVEN/BURN | 1 SF | ✓ |
| 521 | FIREPLACE | 1 SF | ✓ |
| 531 | OBS FENCE | 1 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% | $22,482.36 | $22,482.36 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $12,733.61 | $12,733.61 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $9,133.03 | $9,133.03 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,867.96 | $2,867.96 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,512.62 | $2,512.62 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $49,729.58 | $49,729.58 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,470,000 | $2,430,000 | +1.6% |
| Assessed Value | $2,470,000 | $2,430,000 | +1.6% |
| Land Value | $1,930,000 | $1,930,000 | +0.0% |
| Improvement Value | $540,000 | $500,000 | +8.0% |
| Taxable Value | $2,470,000 | $2,430,000 | +1.6% |
| Total Tax 2026 = estimate |
~$50,548
Estimated
|
~$49,730
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $2,686,670 | $2,470,000 | -216,670 (-8.1%) |
| Taxable Value | $2,686,670 | $2,470,000 | -216,670 (-8.1%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,470,000 | $1,930,000 | $540,000 | — | $2,470,000 | $2,470,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $2,430,000 | $1,930,000 | $500,000 | — | $2,430,000 | $2,430,000 | ~$49,730 | Partial |
| 2024 | $1,712,784 | — | — | — | $1,930,000 ! | $— | $40,733 | Verified |
| 2023 | $1,630,000 | — | — | −$279,000 | $1,351,000 | $— | $30,988 | Verified |
| 2022 | $1,608,713 | — | — | −$257,713 | $1,351,000 | $— | $32,191 | Verified |
| 2021 | $1,571,766 | — | — | −$220,766 | $1,351,000 | $— | $35,017 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +10.6% | +10.6% | ~100% | Not available | Partial |
| 2025 | +4.3% | +18.2% | ~100% | Not available | Partial |
| 2024 | +36.0% | +20.0% | 88.2% | 1.7500% | Verified |
| 2023 | +5.1% | +5.1% | ~100% | 1.8100% | Verified |
| 2022 | +1.3% | +1.3% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.2300% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +51.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +1.6% | +10.5% | +11.1% | +41.9% | 2025 | +1.3% | 2023 |
| Assessment Ratio | 100.0% | 94.3% | — | 112.7% | 2024 | 82.9% | 2023 |
| 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 |
$49,730 | $37,732 | ~$63,404 | $49,730 | 2025 | $30,988 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,709,635 | ~$2,673,000 | ~2.0139% | ~$53,833 | +11.5% |
| 2027 | ~$3,021,450 | ~$2,940,300 | ~1.9814% | ~$58,259 | +24.3% |
| 2028 | ~$3,369,148 | ~$3,234,330 | ~1.9488% | ~$63,032 | +38.6% |
| 2029 | ~$3,756,857 | ~$3,557,763 | ~1.9163% | ~$68,177 | +54.6% |
| 2030 | ~$4,189,182 | ~$3,913,539 | ~1.8837% | ~$73,721 | +72.4% |
| 2026 | ~$2,661,035 | ~$2,661,035 | ~2.0465% | ~$54,458 | +9.5% |
| 2027 | ~$2,914,037 | ~$2,914,037 | ~2.0465% | ~$59,635 | +19.9% |
| 2028 | ~$3,191,093 | ~$3,191,093 | ~2.0465% | ~$65,305 | +31.3% |
| 2029 | ~$3,494,490 | ~$3,494,490 | ~2.0465% | ~$71,514 | +43.8% |
| 2030 | ~$3,826,734 | ~$3,826,734 | ~2.0465% | ~$78,314 | +57.5% |
| 2026 | ~$2,758,235 | ~$2,673,000 | ~1.9977% | ~$53,398 | +13.5% |
| 2027 | ~$3,130,808 | ~$2,940,300 | ~1.9488% | ~$57,302 | +28.8% |
| 2028 | ~$3,553,706 | ~$3,234,330 | ~1.9000% | ~$61,453 | +46.2% |
| 2029 | ~$4,033,727 | ~$3,557,763 | ~1.8512% | ~$65,861 | +66.0% |
| 2030 | ~$4,578,588 | ~$3,913,539 | ~1.8024% | ~$70,537 | +88.4% |
In 2025, this property's market value of $2,430,000 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 5× 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 | $2,430,000 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $1,712,784 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $1,630,000 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $1,608,713 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $1,571,766 | $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.