48 EAST AVE 1307 78701
| Owner | 48 EAST AVENUE LLC |
|---|---|
| Parcel ID | 0203032837 |
| Short ID | 958545 |
| Type | Real |
| Use Code | 22 Hi-Rise Condo / Apartment |
| Valuation | Income |
| Improvement SF | 699 SF |
| Land SF | 58 SF |
| Acres | 0.001 |
| Year Built | 2021 |
| Legal | 48 EAST CONDOMINIUMS UNT 1307 0.3225%INT IN COMMON AREA |
| Neighborhood | CBDR_C |
| Land | $39,510 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $39,510 |
| Improvement | $121,372 |
|---|---|
| Total Improvement | $121,372 |
| Market | $160,882 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $160,882 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $160,882 |
| Taxable Value | $160,882 |
|---|
| Total Due | $3,786.29 |
|---|---|
| First Delinquent | — |
Appreciation: Market value has risen +30.6% from $123,154 (2023) to $160,882 (2025), a CAGR of 14.3% 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 $3,292. 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 25% of market value ($39,510 land vs $121,372 improvements), about $681/SF of land. Most value sits in the improvements, so building condition, age (~5 yrs), and rent roll drive the underwriting.
Submarket Position: At $160,882, this parcel sits in the bottom quartile (<25th 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 +14.3% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $313,801 by 2030, with an estimated annual tax burden around $4,881. Estimated Forward figures are model projections, not certified — see the 6-Year Projection section for the low/base/high bands.
Delinquent Taxes: $3,786.29 in unpaid taxes . These become a lien on the property and transfer to the buyer at closing unless negotiated otherwise.
1 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 699 SF | ✓ |
| Entity | 2024 Rate | 2025 Rate | Rate Effect |
|---|---|---|---|
| City of Austin | 0.4776% | 0.5240% | +75 |
| Travis County | 0.3444% | 0.3758% | +51 |
| Austin ISD | 0.9505% | 0.9252% | -41 |
| Travis Central Health | 0.1080% | 0.1180% | +16 |
| Austin Community College | 0.1013% | 0.1034% | +3 |
Market value changed by 488% in 2023, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
This parcel has unpaid taxes on record. Delinquent taxes are a lien on the property and transfer to the buyer at closing unless negotiated otherwise.
| 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% | $1,488.48 | $— | $1,488.48 |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $843.05 | $— | $843.05 |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $604.67 | $— | $604.67 |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $189.88 | $— | $189.88 |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $166.35 | $— | $166.35 |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $3,292.43 | $0.00 | $3,292.43 |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $427,309 | $160,882 | +165.6% |
| Assessed Value | $427,309 | $160,882 | +165.6% |
| Land Value | $50,654 | $39,510 | +28.2% |
| Improvement Value | $376,655 | $121,372 | +210.3% |
| Taxable Value | $427,309 | $160,882 | +165.6% |
| Total Tax 2026 = estimate |
~$8,745
Estimated
|
$3,292 | ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $500,949 | $427,309 | -73,640 (-14.7%) |
| Taxable Value | $500,949 | $427,309 | -73,640 (-14.7%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $427,309 | $50,654 | $376,655 | — | $427,309 | $427,309 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $160,882 | $39,510 | $121,372 | — | $160,882 | $160,882 | $3,292 | Verified |
| 2024 | $676,000 | — | — | −$636,490 | $39,510 | $— | $12,392 | Verified |
| 2023 | $123,154 | — | — | −$83,644 | $39,510 | $— | $12,231 | Verified |
| 2022 | $— | — | — | — | $28,780 | $— | $2,432 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +211.4% ! | +211.4% | ~100% | Not available | Partial |
| 2025 | -74.3% | -74.3% | ~100% | 2.0500% | Verified |
| 2024 | -13.7% | -13.7% | ~100% | 1.9800% | Verified |
| 2023 | +488.4% ! | +488.4% | ~100% | 1.6900% | Verified |
| 2022 | base year | — | ~100% | 1.9700% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +30.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +165.6% | +179.4% | +0.0% | +448.9% | 2024 | -76.2% | 2025 |
| Assessment Ratio | 100.0% | 59.5% | — | 100.0% | 2025 | 5.8% | 2024 |
| Effective Tax Rate (2025) | 2.0500% | 2.0500% | — | 2.0500% | 2025 | 2.0500% | 2025 |
| Tax Amount | $3,292 | $9,305 | ~$4,198 | $12,392 | 2024 | $3,292 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$183,881 | ~$176,970 | ~2.0139% | ~$3,564 | +14.3% |
| 2027 | ~$210,168 | ~$194,667 | ~1.9814% | ~$3,857 | +30.6% |
| 2028 | ~$240,213 | ~$214,134 | ~1.9488% | ~$4,173 | +49.3% |
| 2029 | ~$274,552 | ~$235,547 | ~1.9163% | ~$4,514 | +70.7% |
| 2030 | ~$313,801 | ~$259,102 | ~1.8837% | ~$4,881 | +95.1% |
| 2026 | ~$180,663 | ~$176,970 | ~2.0465% | ~$3,622 | +12.3% |
| 2027 | ~$202,877 | ~$194,667 | ~2.0465% | ~$3,984 | +26.1% |
| 2028 | ~$227,822 | ~$214,134 | ~2.0465% | ~$4,382 | +41.6% |
| 2029 | ~$255,834 | ~$235,547 | ~2.0465% | ~$4,820 | +59.0% |
| 2030 | ~$287,290 | ~$259,102 | ~2.0465% | ~$5,302 | +78.6% |
| 2026 | ~$187,099 | ~$176,970 | ~1.9977% | ~$3,535 | +16.3% |
| 2027 | ~$217,587 | ~$194,667 | ~1.9488% | ~$3,794 | +35.2% |
| 2028 | ~$253,045 | ~$214,134 | ~1.9000% | ~$4,069 | +57.3% |
| 2029 | ~$294,280 | ~$235,547 | ~1.8512% | ~$4,360 | +82.9% |
| 2030 | ~$342,234 | ~$259,102 | ~1.8024% | ~$4,670 | +112.7% |
In 2025, this property's market value of $160,882 places it in the bottom 25% for Commercial properties in Travis County (13608 comparable) — -89% 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 | $160,882 | $649,268 | $1,417,484 | $3,347,260 | ↓ Bottom 25% | -0.8% |
| 2024 | $676,000 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $123,154 | $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.