48 EAST AVE 1901 78701
| Owner | MALONE FAMILY INVESTMENTS LP |
|---|---|
| Parcel ID | 0203032897 |
| Short ID | 958605 |
| Type | Real |
| Use Code | 22 Hi-Rise Condo / Apartment |
| Valuation | Income |
| Improvement SF | 1,121 SF |
| Land SF | 94 SF |
| Acres | 0.002 |
| Year Built | 2021 |
| Legal | 48 EAST CONDOMINIUMS UNT 1901 0.5241%INT IN COMMON AREA |
| Neighborhood | CBDR_C |
| Land | $64,216 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $64,216 |
| Improvement | $654,914 |
|---|---|
| Total Improvement | $654,914 |
| Market | $719,130 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $719,130 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $719,130 |
| Taxable Value | $719,130 |
|---|
Appreciation: Market value has risen +259.3% from $200,133 (2023) to $719,130 (2025), a CAGR of 89.6% 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 $14,717. 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 9% of market value ($64,216 land vs $654,914 improvements), about $683/SF of land. Most value sits in the improvements, so building condition, age (~5 yrs), and rent roll drive the underwriting.
Submarket Position: At $719,130, 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 +89.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $17,600,668 by 2030, with an estimated annual tax burden around $21,817. 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 | 1,121 SF | ✓ |
Market value changed by 334% 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% | $6,653.39 | $6,653.39 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $3,768.36 | $3,768.36 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,702.81 | $2,702.81 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $848.74 | $848.74 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $743.58 | $743.58 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $14,716.88 | $14,716.88 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $715,000 | $719,130 | -0.6% |
| Assessed Value | $715,000 | $719,130 | -0.6% |
| Land Value | $82,329 | $64,216 | +28.2% |
| Improvement Value | $632,671 | $654,914 | -3.4% |
| Taxable Value | $715,000 | $719,130 | -0.6% |
| Total Tax 2026 = estimate |
~$14,632
Estimated
|
~$14,717
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $875,577 | $715,000 | -160,577 (-18.3%) |
| Taxable Value | $875,577 | $715,000 | -160,577 (-18.3%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $715,000 | $82,329 | $632,671 | — | $715,000 | $715,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $719,130 | $64,216 | $654,914 | — | $719,130 | $719,130 | ~$14,717 | Partial |
| 2024 | $868,840 | — | — | −$804,624 | $64,216 | $— | $15,927 | Verified |
| 2023 | $200,133 | — | — | −$135,917 | $64,216 | $— | $15,719 | Verified |
| 2022 | $— | — | — | — | $46,765 | $— | $3,952 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +21.8% | +21.8% | ~100% | Not available | Partial |
| 2025 | -10.5% | -10.5% | ~100% | Not available | Partial |
| 2024 | -7.5% | -7.5% | ~100% | 1.9800% | Verified |
| 2023 | +334.1% ! | +334.1% | ~100% | 1.8100% | Verified |
| 2022 | base year | — | ~100% | 1.9700% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +259.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -0.6% | +105.4% | +89.8% | +334.1% | 2024 | -17.2% | 2025 |
| Assessment Ratio | 100.0% | 59.9% | — | 100.0% | 2025 | 7.4% | 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 |
$14,717 | $15,455 | ~$18,764 | $15,927 | 2024 | $14,717 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,363,175 | ~$791,043 | ~2.0139% | ~$15,931 | +89.6% |
| 2027 | ~$2,584,021 | ~$870,147 | ~1.9814% | ~$17,241 | +259.3% |
| 2028 | ~$4,898,244 | ~$957,162 | ~1.9488% | ~$18,654 | +581.1% |
| 2029 | ~$9,285,062 | ~$1,052,878 | ~1.9163% | ~$20,176 | +1191.2% |
| 2030 | ~$17,600,668 | ~$1,158,166 | ~1.8837% | ~$21,817 | +2347.5% |
| 2026 | ~$1,348,793 | ~$791,043 | ~2.0465% | ~$16,189 | +87.6% |
| 2027 | ~$2,529,782 | ~$870,147 | ~2.0465% | ~$17,807 | +251.8% |
| 2028 | ~$4,744,833 | ~$957,162 | ~2.0465% | ~$19,588 | +559.8% |
| 2029 | ~$8,899,361 | ~$1,052,878 | ~2.0465% | ~$21,547 | +1137.5% |
| 2030 | ~$16,691,549 | ~$1,158,166 | ~2.0465% | ~$23,702 | +2221.1% |
| 2026 | ~$1,377,558 | ~$791,043 | ~1.9977% | ~$15,802 | +91.6% |
| 2027 | ~$2,638,836 | ~$870,147 | ~1.9488% | ~$16,958 | +266.9% |
| 2028 | ~$5,054,927 | ~$957,162 | ~1.9000% | ~$18,186 | +602.9% |
| 2029 | ~$9,683,167 | ~$1,052,878 | ~1.8512% | ~$19,491 | +1246.5% |
| 2030 | ~$18,548,975 | ~$1,158,166 | ~1.8024% | ~$20,874 | +2479.4% |
In 2025, this property's market value of $719,130 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -49% 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 | $719,130 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $868,840 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $200,133 | $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.