EAST AVE TX 78701
| Owner | BHAVE VARSHA & HEMANT BHAVE |
|---|---|
| Parcel ID | 0203032623 |
| Short ID | 924971 |
| Type | Real |
| Use Code | 22 Hi-Rise Condo / Apartment |
| Valuation | Income |
| Improvement SF | 2,858 SF |
| Land SF | 254 SF |
| Acres | 0.006 |
| Year Built | 2019 |
| Legal | UNT 4804 44 EAST AVE CONDOMINIUMS PLUS .8756 % INT IN COM AREA |
| Neighborhood | Z144E99C |
| Land | $76,251 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $76,251 |
| Improvement | $2,145,507 |
|---|---|
| Total Improvement | $2,145,507 |
| Market | $2,221,758 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,221,758 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $2,221,758 |
| Taxable Value | $2,221,758 |
|---|
Appreciation: Market value has risen +4909.7% from $44,349 (2021) to $2,221,758 (2025), a CAGR of 166.0% 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 $45,468. Austin ISD is the largest single contributor, at 45.2% 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 3% of market value ($76,251 land vs $2,145,507 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 +166.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $296,116,702 by 2030, with an estimated annual tax burden around $67,403. 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 | 2,858 SF | ✓ |
| 011 | PORCH OPEN 1ST F | 128 SF | ✗ |
| 252 | BEDROOMS | 4 SF | ✓ |
| 251 | BATHROOM | 4 SF | ✓ |
Market value changed by 4388% 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% | $20,555.71 | $20,555.71 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $11,642.39 | $11,642.39 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $8,350.37 | $8,350.37 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,622.19 | $2,622.19 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,297.30 | $2,297.30 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $45,467.96 | $45,467.96 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,234,093 | $2,221,758 | +0.6% |
| Assessed Value | $2,234,093 | $2,221,758 | +0.6% |
| Land Value | $222,399 | $76,251 | +191.7% |
| Improvement Value | $2,011,694 | $2,145,507 | -6.2% |
| Taxable Value | $2,234,093 | $2,221,758 | +0.6% |
| Total Tax 2026 = estimate |
~$45,720
Estimated
|
~$45,468
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $2,234,093 | $2,234,093 | +0 (+0.0%) |
| Taxable Value | $2,234,093 | $2,234,093 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,234,093 | $222,399 | $2,011,694 | — | $2,234,093 | $2,234,093 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $2,221,758 | $76,251 | $2,145,507 | — | $2,221,758 | $2,221,758 | ~$45,468 | Partial |
| 2024 | $2,764,198 | — | — | −$2,687,947 | $76,251 | $— | $48,006 | Verified |
| 2023 | $61,597 | — | — | — | $76,251 ! | $— | $50,011 | Verified |
| 2022 | $— | — | — | — | $61,596 | $— | $1,217 | Verified |
| 2021 | $44,349 | — | — | — | $61,597 ! | $— | $1,341 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.6% | +0.6% | ~100% | Not available | Partial |
| 2025 | -8.3% | -8.3% | ~100% | Not available | Partial |
| 2024 | -12.4% | -12.4% | ~100% | 1.9800% | Verified |
| 2023 | +4387.6% ! | +4387.6% | ~100% | 1.8100% | Verified |
| 2022 | +0.0% | +0.0% | ~100% | 1.9800% | Verified |
| 2021 | base year | — | ~100% | 3.0200% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +3506.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.6% | +1101.9% | +165.8% | +4387.6% | 2024 | -19.6% | 2025 |
| Assessment Ratio | 100.0% | 93.1% | — | 138.9% | 2021 | 2.8% | 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 |
$45,468 | $36,206 | ~$57,971 | $50,011 | 2023 | $1,341 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$5,910,851 | ~$2,443,934 | ~2.0139% | ~$49,219 | +166.0% |
| 2027 | ~$15,725,455 | ~$2,688,327 | ~1.9814% | ~$53,266 | +607.8% |
| 2028 | ~$41,836,606 | ~$2,957,160 | ~1.9488% | ~$57,630 | +1783.0% |
| 2029 | ~$111,303,718 | ~$3,252,876 | ~1.9163% | ~$62,335 | +4909.7% |
| 2030 | ~$296,116,702 | ~$3,578,163 | ~1.8837% | ~$67,403 | +13228.0% |
| 2026 | ~$5,866,415 | ~$2,443,934 | ~2.0465% | ~$50,015 | +164.0% |
| 2027 | ~$15,489,909 | ~$2,688,327 | ~2.0465% | ~$55,016 | +597.2% |
| 2028 | ~$40,900,154 | ~$2,957,160 | ~2.0465% | ~$60,518 | +1740.9% |
| 2029 | ~$107,994,342 | ~$3,252,876 | ~2.0465% | ~$66,570 | +4760.8% |
| 2030 | ~$285,152,423 | ~$3,578,163 | ~2.0465% | ~$73,227 | +12734.5% |
| 2026 | ~$5,955,286 | ~$2,443,934 | ~1.9977% | ~$48,822 | +168.0% |
| 2027 | ~$15,962,777 | ~$2,688,327 | ~1.9488% | ~$52,391 | +618.5% |
| 2028 | ~$42,787,244 | ~$2,957,160 | ~1.9000% | ~$56,187 | +1825.8% |
| 2029 | ~$114,688,578 | ~$3,252,876 | ~1.8512% | ~$60,217 | +5062.1% |
| 2030 | ~$307,415,683 | ~$3,578,163 | ~1.8024% | ~$64,492 | +13736.6% |
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.