506 HUMMINGBIRD LN TX
| Owner | TIEH FAMILY LIVING TRUST |
|---|---|
| Parcel ID | 0137660101 |
| Short ID | 134517 |
| Type | Real |
| Use Code | 02 Duplex |
| Valuation | Cost |
| Improvement SF | 4,286 SF |
| Land SF | 12,000 SF |
| Acres | 0.275 |
| Year Built | 2014 |
| Legal | LOT 67 CARDINAL HILLS UNIT 3 |
| Neighborhood | R4100 |
| Land | $181,819 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $181,819 |
| Improvement | $883,836 |
|---|---|
| Total Improvement | $883,836 |
| Market | $1,065,655 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,065,655 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,065,655 |
| Taxable Value | $1,065,655 |
|---|
Appreciation: Market value has risen +98.8% from $536,082 (2021) to $1,065,655 (2025), a CAGR of 18.7% over 4 years. This is strong appreciation — well above typical inflation. Growth has been fairly evenly spread across these years rather than concentrated in one jump. 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 1.6800% in 2025 (+0.0211% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $17,903. Lake Travis ISD is the largest single contributor, at 61.9% 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 17% of market value ($181,819 land vs $883,836 improvements), about $15/SF of land. Most value sits in the improvements, so building condition, age (~12 yrs), and rent roll drive the underwriting.
Submarket Position: At $1,065,655, 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 +18.7% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,515,350 by 2030, with an estimated annual tax burden around $25,054. 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 |
|---|---|---|---|
| 095 | HVAC RESIDENTIAL | 4,286 SF | ✗ |
| 1ST | 1st Floor | 2,162 SF | ✓ |
| 2ND | 2nd Floor | 2,124 SF | ✓ |
| 041 | GARAGE ATT 1ST F | 800 SF | ✓ |
| 011 | PORCH OPEN 1ST F | 232 SF | ✗ |
| 513 | DECK COVERED | 162 SF | ✗ |
| 250 | HALF BATHROOM | 1 SF | ✓ |
| 251 | BATHROOM | 1 SF | ✓ |
| 252 | BEDROOMS | 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 |
|---|---|---|---|---|---|---|---|---|---|
| ILT Lake Travis ISD | 1.2301% | 1.2121% | 1.0741% | 1.0656% | 1.0397% | -0.0259% | $11,079.62 | $11,079.62 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $4,005.21 | $4,005.21 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,257.72 | $1,257.72 | Paid |
| E06 Travis County ESD # 06 | 0.1000% | 0.0867% | 0.0831% | 0.0876% | 0.0904% | +0.0028% | $963.34 | $963.34 | Paid |
| W17 WCID # 17 | 0.0568% | 0.0543% | 0.0533% | 0.0533% | 0.0560% | +0.0027% | $596.77 | $596.77 | Paid |
| Combined Rate | 1.8561% | 1.7700% | 1.6158% | 1.6589% | 1.6800% | +0.0211% | $17,902.66 | $17,902.66 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $847,863 | $1,065,655 | -20.4% |
| Assessed Value | $847,863 | $1,065,655 | -20.4% |
| Land Value | $181,819 | $181,819 | +0.0% |
| Improvement Value | $666,044 | $883,836 | -24.6% |
| Taxable Value | $847,863 | $1,065,655 | -20.4% |
| Total Tax 2026 = estimate |
~$14,244
Estimated
|
~$17,903
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $985,887 | $847,863 | -138,024 (-14.0%) |
| Taxable Value | $985,887 | $847,863 | -138,024 (-14.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $847,863 | $181,819 | $666,044 | — | $847,863 | $847,863 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,065,655 | $181,819 | $883,836 | — | $1,065,655 | $1,065,655 | ~$17,903 | Partial |
| 2024 | $869,809 | — | — | −$709,809 | $160,000 | $— | $17,315 | Verified |
| 2023 | $869,809 | — | — | −$709,809 | $160,000 | $— | $14,055 | Verified |
| 2022 | $716,600 | — | — | −$636,600 | $80,000 | $— | $15,396 | Verified |
| 2021 | $536,082 | — | — | −$456,082 | $80,000 | $— | $13,301 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -7.5% | -7.5% | ~100% | Not available | Partial |
| 2025 | +0.6% | +2.1% | ~100% | Not available | Partial |
| 2024 | +21.7% | +20.0% | 98.6% | 1.6400% | Verified |
| 2023 | +0.0% | +0.0% | ~100% | 1.6200% | Verified |
| 2022 | +21.4% | +21.4% | ~100% | 1.7700% | Verified |
| 2021 | base year | — | ~100% | 2.4800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +48.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -20.4% | +11.4% | +24.8% | +33.7% | 2022 | -20.4% | 2026 |
| Assessment Ratio | 100.0% | 43.8% | — | 100.0% | 2025 | 11.2% | 2022 |
| Effective Tax Rate (2025) | 1.6800% | 1.6800% | — | 1.6800% | 2025 | 1.6800% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$17,903 | $15,594 | ~$22,035 | $17,903 | 2025 | $13,301 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,265,357 | ~$1,172,220 | ~1.6359% | ~$19,177 | +18.7% |
| 2027 | ~$1,502,482 | ~$1,289,443 | ~1.5919% | ~$20,527 | +41.0% |
| 2028 | ~$1,784,044 | ~$1,418,387 | ~1.5479% | ~$21,955 | +67.4% |
| 2029 | ~$2,118,371 | ~$1,560,225 | ~1.5039% | ~$23,464 | +98.8% |
| 2030 | ~$2,515,350 | ~$1,716,248 | ~1.4598% | ~$25,054 | +136.0% |
| 2026 | ~$1,244,044 | ~$1,172,220 | ~1.6800% | ~$19,693 | +16.7% |
| 2027 | ~$1,452,294 | ~$1,289,443 | ~1.6800% | ~$21,662 | +36.3% |
| 2028 | ~$1,695,405 | ~$1,418,387 | ~1.6800% | ~$23,828 | +59.1% |
| 2029 | ~$1,979,213 | ~$1,560,225 | ~1.6800% | ~$26,211 | +85.7% |
| 2030 | ~$2,310,530 | ~$1,716,248 | ~1.6800% | ~$28,832 | +116.8% |
| 2026 | ~$1,286,670 | ~$1,172,220 | ~1.6139% | ~$18,919 | +20.7% |
| 2027 | ~$1,553,523 | ~$1,289,443 | ~1.5479% | ~$19,959 | +45.8% |
| 2028 | ~$1,875,720 | ~$1,418,387 | ~1.4818% | ~$21,018 | +76.0% |
| 2029 | ~$2,264,741 | ~$1,560,225 | ~1.4158% | ~$22,090 | +112.5% |
| 2030 | ~$2,734,444 | ~$1,716,248 | ~1.3498% | ~$23,165 | +156.6% |
In 2025, this property's market value of $1,065,655 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — +105% 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 | $1,065,655 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $869,809 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $869,809 | $503,905 | $617,035 | $919,932 | ↑ Above median | +0.9% |
| 2022 | $716,600 | $506,618 | $615,058 | $906,429 | ↑ Above median | +39.1% |
| 2021 | $536,082 | $300,453 | $376,850 | $539,896 | ↑ Above median | 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.