EAST AVE TX 78701
| Owner | HESTER WILLIAM S |
|---|---|
| Parcel ID | 0203032621 |
| Short ID | 924969 |
| Type | Real |
| Use Code | 22 Hi-Rise Condo / Apartment |
| Valuation | Income |
| Improvement SF | 2,556 SF |
| Land SF | 250 SF |
| Acres | 0.006 |
| Year Built | 2019 |
| Legal | UNT 4802 44 EAST AVE CONDOMINIUMS PLUS .842 % INT IN COM AREA |
| Neighborhood | Z144E99C |
| Land | $74,958 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $74,958 |
| Improvement | $1,918,797 |
|---|---|
| Total Improvement | $1,918,797 |
| Market | $1,993,755 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,993,755 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,993,755 |
| Exemptions (−) (HS) | −$398,751 |
|---|---|
| Taxable Value | $1,595,004 |
Appreciation: Market value has risen +4575.0% from $42,647 (2021) to $1,993,755 (2025), a CAGR of 161.5% over 4 years. This is strong appreciation — well above typical inflation. 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.
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 $32,642. Austin ISD is the largest single contributor, at 48.4% of the total 2025 levy.
Asset Class: O. 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 4% of market value ($74,958 land vs $1,918,797 improvements), about $300/SF of land. Most value sits in the improvements, so building condition, age (~7 yrs), and rent roll drive the underwriting.
Forward Outlook: Holding the +161.5% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $243,725,471 by 2030, with an estimated annual tax burden around $60,486. 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.
4 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 2,556 SF | ✓ |
| 011 | PORCH OPEN 1ST F | 125 SF | ✗ |
| 251 | BATHROOM | 4 SF | ✓ |
| 252 | BEDROOMS | 3 SF | ✓ |
Market value changed by 4351% in 2023, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| 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% | $17,150.94 | $17,150.94 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $8,358.09 | $8,358.09 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $5,994.74 | $5,994.74 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,040.93 | $2,040.93 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,882.47 | $1,882.47 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $35,427.17 | $35,427.17 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,019,419 | $1,993,755 | +1.3% |
| Assessed Value | $2,019,419 | $1,993,755 | +1.3% |
| Land Value | $218,628 | $74,958 | +191.7% |
| Improvement Value | $1,800,791 | $1,918,797 | -6.1% |
| Taxable Value | $1,615,535 | $1,595,004 | +1.3% |
| Exemptions | HS | HS | |
| Total Tax 2026 = estimate |
~$33,062
Estimated
|
~$35,427
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $2,019,419 | $2,019,419 | +0 (+0.0%) |
| Taxable Value | $1,615,535 | $1,615,535 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,019,419 | $218,628 | $1,800,791 | — | $2,019,419 | $1,615,535 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,993,755 | $74,958 | $1,918,797 | — | $1,993,755 | $1,595,004 | ~$35,427 | Partial |
| 2024 | $2,636,670 | — | — | −$2,561,712 | $74,958 | $— | $38,053 | Verified |
| 2023 | $59,233 | — | — | — | $74,958 ! | $— | $42,330 | Verified |
| 2022 | $— | — | — | — | $59,232 | $— | $1,170 | Verified |
| 2021 | $42,647 | — | — | — | $59,232 ! | $— | $1,289 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +1.3% | +1.3% | ~100% | Not available | Partial |
| 2025 | -8.3% | -8.3% | ~100% | Not available | Partial |
| 2024 | -17.6% | -17.6% | ~100% | 1.7500% | Verified |
| 2023 | +4351.4% ! | +4351.4% | ~100% | 1.6100% | Verified |
| 2022 | +0.0% | +0.0% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 3.0200% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +3266.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +1.3% | +1091.8% | +160.8% | +4351.4% | 2024 | -24.4% | 2025 |
| Assessment Ratio | 100.0% | 93.6% | — | 138.9% | 2021 | 2.8% | 2024 |
| Effective Tax Rate (2025) | 1.7800% | 1.7800% | — | 1.7800% | 2025 | 1.7800% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$35,427 | $29,275 | ~$52,022 | $42,330 | 2023 | $1,289 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$5,213,359 | ~$2,193,130 | ~2.0139% | ~$44,168 | +161.5% |
| 2027 | ~$13,632,121 | ~$2,412,444 | ~1.9814% | ~$47,800 | +583.7% |
| 2028 | ~$35,645,874 | ~$2,653,688 | ~1.9488% | ~$51,716 | +1687.9% |
| 2029 | ~$93,208,409 | ~$2,919,057 | ~1.9163% | ~$55,938 | +4575.0% |
| 2030 | ~$243,725,471 | ~$3,210,962 | ~1.8837% | ~$60,486 | +12124.4% |
| 2026 | ~$5,173,484 | ~$2,193,130 | ~2.0465% | ~$44,882 | +159.5% |
| 2027 | ~$13,424,384 | ~$2,412,444 | ~2.0465% | ~$49,370 | +573.3% |
| 2028 | ~$34,834,187 | ~$2,653,688 | ~2.0465% | ~$54,307 | +1647.2% |
| 2029 | ~$90,389,289 | ~$2,919,057 | ~2.0465% | ~$59,738 | +4433.6% |
| 2030 | ~$234,546,127 | ~$3,210,962 | ~2.0465% | ~$65,712 | +11664.0% |
| 2026 | ~$5,253,234 | ~$2,193,130 | ~1.9977% | ~$43,811 | +163.5% |
| 2027 | ~$13,841,453 | ~$2,412,444 | ~1.9488% | ~$47,015 | +594.2% |
| 2028 | ~$36,470,073 | ~$2,653,688 | ~1.9000% | ~$50,421 | +1729.2% |
| 2029 | ~$96,092,963 | ~$2,919,057 | ~1.8512% | ~$54,037 | +4719.7% |
| 2030 | ~$253,189,990 | ~$3,210,962 | ~1.8024% | ~$57,873 | +12599.2% |
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.