2400 JARRATT AVE TX 78703
| Owner | JARRATT PROPERTIES LLC |
|---|---|
| Parcel ID | 0115010415 |
| Short ID | 521326 |
| Type | Real |
| Use Code | 03 Triplex |
| Valuation | Income |
| Improvement SF | 3,359 SF |
| Land SF | 8,416 SF |
| Acres | 0.193 |
| Year Built | 1959 |
| Legal | LOT 1 BLK 6 PEMBERTON HEIGHTS SEC 1 |
| Neighborhood | Z320005 |
| Land | $1,040,258 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,040,258 |
| Improvement | $573,682 |
|---|---|
| Total Improvement | $573,682 |
| Market | $1,613,940 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,613,940 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,613,940 |
| Taxable Value | $1,613,940 |
|---|
Appreciation: Market value has risen +74.5% from $924,900 (2021) to $1,613,940 (2025), a CAGR of 14.9% over 4 years. This is strong appreciation — well above typical inflation. 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 +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 $33,029. 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 64% of market value ($1,040,258 land vs $573,682 improvements), about $124/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $1,613,940, 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 +14.9% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $3,236,892 by 2030, with an estimated annual tax burden around $48,963. 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 | 3,359 SF | ✗ |
| 1ST | 1st Floor | 2,657 SF | ✓ |
| FBSMT | Finished Basement | 702 SF | ✓ |
| 011 | PORCH OPEN 1ST F | 145 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% | $14,932.17 | $14,932.17 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $8,457.32 | $8,457.32 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $6,065.91 | $6,065.91 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,904.82 | $1,904.82 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,668.81 | $1,668.81 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $33,029.03 | $33,029.03 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,400,864 | $1,613,940 | -13.2% |
| Assessed Value | $1,400,864 | $1,613,940 | -13.2% |
| Land Value | $935,388 | $1,040,258 | -10.1% |
| Improvement Value | $465,476 | $573,682 | -18.9% |
| Taxable Value | $1,400,864 | $1,613,940 | -13.2% |
| Total Tax 2026 = estimate |
~$28,668
Estimated
|
~$33,029
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,400,864 | $1,400,864 | +0 (+0.0%) |
| Taxable Value | $1,400,864 | $1,400,864 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,400,864 | $935,388 | $465,476 | — | $1,400,864 | $1,400,864 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,613,940 | $1,040,258 | $573,682 | — | $1,613,940 | $1,613,940 | ~$33,029 | Partial |
| 2024 | $1,862,033 | — | — | −$862,033 | $1,000,000 | $— | $34,819 | Verified |
| 2023 | $1,500,000 | — | — | −$500,000 | $1,000,000 | $— | $27,637 | Verified |
| 2022 | $924,900 | — | — | −$24,900 | $900,000 | $— | $29,856 | Verified |
| 2021 | $924,900 | — | — | −$174,900 | $750,000 | $— | $20,132 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -13.2% | -13.2% | ~100% | Not available | Partial |
| 2025 | -8.1% | -8.1% | ~100% | Not available | Partial |
| 2024 | -12.4% | -12.4% | ~100% | 1.9800% | Verified |
| 2023 | +15.6% | +15.6% | ~100% | 1.3800% | Verified |
| 2022 | +50.6% | +50.6% | ~100% | 1.7200% | Verified |
| 2021 | base year | — | ~100% | 2.1800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +40.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -13.2% | +12.0% | +18.4% | +62.2% | 2023 | -13.3% | 2025 |
| Assessment Ratio | 100.0% | 83.1% | — | 100.0% | 2025 | 53.7% | 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 |
$33,029 | $29,095 | ~$42,111 | $34,819 | 2024 | $20,132 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,854,964 | ~$1,775,334 | ~2.0139% | ~$35,754 | +14.9% |
| 2027 | ~$2,131,983 | ~$1,952,867 | ~1.9814% | ~$38,694 | +32.1% |
| 2028 | ~$2,450,371 | ~$2,148,154 | ~1.9488% | ~$41,864 | +51.8% |
| 2029 | ~$2,816,307 | ~$2,362,970 | ~1.9163% | ~$45,281 | +74.5% |
| 2030 | ~$3,236,892 | ~$2,599,267 | ~1.8837% | ~$48,963 | +100.6% |
| 2026 | ~$1,822,685 | ~$1,775,334 | ~2.0465% | ~$36,332 | +12.9% |
| 2027 | ~$2,058,430 | ~$1,952,867 | ~2.0465% | ~$39,965 | +27.5% |
| 2028 | ~$2,324,665 | ~$2,148,154 | ~2.0465% | ~$43,962 | +44.0% |
| 2029 | ~$2,625,335 | ~$2,362,970 | ~2.0465% | ~$48,358 | +62.7% |
| 2030 | ~$2,964,893 | ~$2,599,267 | ~2.0465% | ~$53,194 | +83.7% |
| 2026 | ~$1,887,243 | ~$1,775,334 | ~1.9977% | ~$35,465 | +16.9% |
| 2027 | ~$2,206,827 | ~$1,952,867 | ~1.9488% | ~$38,058 | +36.7% |
| 2028 | ~$2,580,529 | ~$2,148,154 | ~1.9000% | ~$40,815 | +59.9% |
| 2029 | ~$3,017,513 | ~$2,362,970 | ~1.8512% | ~$43,743 | +87.0% |
| 2030 | ~$3,528,496 | ~$2,599,267 | ~1.8024% | ~$46,848 | +118.6% |
In 2025, this property's market value of $1,613,940 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 3× 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 | $1,613,940 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $1,862,033 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $1,500,000 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $924,900 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $924,900 | $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.