48 EAST AVE 1206 78701
| Owner | SINGH ANSHUL |
|---|---|
| Parcel ID | 0203032825 |
| Short ID | 958533 |
| Type | Real |
| Use Code | 22 Hi-Rise Condo / Apartment |
| Valuation | Income |
| Improvement SF | 742 SF |
| Land SF | 61 SF |
| Acres | 0.001 |
| Year Built | 2021 |
| Legal | 48 EAST CONDOMINIUMS UNT 1206 0.3410%INT IN COMMON AREA |
| Neighborhood | CBDR_C |
| Land | $41,776 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $41,776 |
| Improvement | $671,618 |
|---|---|
| Total Improvement | $671,618 |
| Market | $713,394 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $713,394 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $713,394 |
| Taxable Value | $713,394 |
|---|
Appreciation: Market value has risen +447.9% from $130,217 (2023) to $713,394 (2025), a CAGR of 134.1% over 2 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. Over the same span, the median Commercial parcel countywide rose +0.2%, so this parcel has outpaced the broader commercial 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 $14,600. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Asset Class: Commercial. No homestead exemptions apply — full market value is taxable. 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 6% of market value ($41,776 land vs $671,618 improvements), about $685/SF of land. Most value sits in the improvements, so building condition, age (~5 yrs), and rent roll drive the underwriting.
Submarket Position: At $713,394, this parcel sits in the lower-middle (25th–50th percentile) of Commercial property in Travis County — county median $1,417,484 (P25 $649,268 / P75 $3,347,260, n=13,608). Commercial here is the broad TCAD category — every commercial 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 +134.1% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $50,116,862 by 2030, with an estimated annual tax burden around $21,643. 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.
1 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 742 SF | ✓ |
Market value changed by 491% 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% | $6,600.32 | $6,600.32 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $3,738.31 | $3,738.31 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,681.26 | $2,681.26 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $841.97 | $841.97 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $737.65 | $737.65 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $14,599.51 | $14,599.51 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $531,557 | $713,394 | -25.5% |
| Assessed Value | $531,557 | $713,394 | -25.5% |
| Land Value | $53,559 | $41,776 | +28.2% |
| Improvement Value | $477,998 | $671,618 | -28.8% |
| Taxable Value | $531,557 | $713,394 | -25.5% |
| Total Tax 2026 = estimate |
~$10,878
Estimated
|
~$14,600
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $531,557 | $531,557 | +0 (+0.0%) |
| Taxable Value | $531,557 | $531,557 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $531,557 | $53,559 | $477,998 | — | $531,557 | $531,557 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $713,394 | $41,776 | $671,618 | — | $713,394 | $713,394 | ~$14,600 | Partial |
| 2024 | $769,088 | — | — | −$727,312 | $41,776 | $— | $15,057 | Verified |
| 2023 | $130,217 | — | — | −$88,441 | $41,776 | $— | $13,915 | Verified |
| 2022 | $— | — | — | — | $30,430 | $— | $2,572 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -25.5% | -25.5% | ~100% | Not available | Partial |
| 2025 | -6.1% | -6.1% | ~100% | Not available | Partial |
| 2024 | -1.2% | -1.2% | ~100% | 1.9800% | Verified |
| 2023 | +490.6% ! | +490.6% | ~100% | 1.8100% | Verified |
| 2022 | base year | — | ~100% | 1.9700% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +447.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -25.5% | +152.6% | +150.1% | +490.6% | 2024 | -25.5% | 2026 |
| Assessment Ratio | 100.0% | 59.4% | — | 100.0% | 2025 | 5.4% | 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 |
$14,600 | $14,524 | ~$18,614 | $15,057 | 2024 | $13,915 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,669,784 | ~$784,733 | ~2.0139% | ~$15,804 | +134.1% |
| 2027 | ~$3,908,330 | ~$863,207 | ~1.9814% | ~$17,103 | +447.9% |
| 2028 | ~$9,147,915 | ~$949,527 | ~1.9488% | ~$18,505 | +1182.3% |
| 2029 | ~$21,411,791 | ~$1,044,480 | ~1.9163% | ~$20,015 | +2901.4% |
| 2030 | ~$50,116,862 | ~$1,148,928 | ~1.8837% | ~$21,643 | +6925.1% |
| 2026 | ~$1,655,516 | ~$784,733 | ~2.0465% | ~$16,059 | +132.1% |
| 2027 | ~$3,841,824 | ~$863,207 | ~2.0465% | ~$17,665 | +438.5% |
| 2028 | ~$8,915,413 | ~$949,527 | ~2.0465% | ~$19,432 | +1149.7% |
| 2029 | ~$20,689,284 | ~$1,044,480 | ~2.0465% | ~$21,375 | +2800.1% |
| 2030 | ~$48,011,963 | ~$1,148,928 | ~2.0465% | ~$23,513 | +6630.1% |
| 2026 | ~$1,684,052 | ~$784,733 | ~1.9977% | ~$15,676 | +136.1% |
| 2027 | ~$3,975,407 | ~$863,207 | ~1.9488% | ~$16,823 | +457.3% |
| 2028 | ~$9,384,424 | ~$949,527 | ~1.9000% | ~$18,041 | +1215.5% |
| 2029 | ~$22,153,057 | ~$1,044,480 | ~1.8512% | ~$19,335 | +3005.3% |
| 2030 | ~$52,294,947 | ~$1,148,928 | ~1.8024% | ~$20,708 | +7230.4% |
In 2025, this property's market value of $713,394 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -50% below the county median of $1,417,484. Commercial here is the broad TCAD category — every commercial 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 | $713,394 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $769,088 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $130,217 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | — | $553,066 | $1,215,730 | $2,939,150 | — | +3.3% |
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.