48 EAST AVE 2001 78701
| Owner | DDCT PROPERTIES LLC |
|---|---|
| Parcel ID | 0203032908 |
| Short ID | 958616 |
| 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 2001 0.5241%INT IN COMMON AREA |
| Neighborhood | CBDR_C |
| Land | $64,216 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $64,216 |
| Improvement | $751,057 |
|---|---|
| Total Improvement | $751,057 |
| Market | $815,273 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $815,273 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $815,273 |
| Taxable Value | $815,273 |
|---|
Appreciation: Market value has risen +307.4% from $200,133 (2023) to $815,273 (2025), a CAGR of 101.8% 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 $16,684. 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 8% of market value ($64,216 land vs $751,057 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 $815,273, 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 +101.8% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $27,306,368 by 2030, with an estimated annual tax burden around $24,734. 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 481% 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% | $7,542.91 | $7,542.91 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $4,272.17 | $4,272.17 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,064.16 | $3,064.16 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $962.21 | $962.21 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $842.99 | $842.99 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $16,684.44 | $16,684.44 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $856,367 | $815,273 | +5.0% |
| Assessed Value | $856,367 | $815,273 | +5.0% |
| Land Value | $82,329 | $64,216 | +28.2% |
| Improvement Value | $774,038 | $751,057 | +3.1% |
| Taxable Value | $856,367 | $815,273 | +5.0% |
| Total Tax 2026 = estimate |
~$17,525
Estimated
|
~$16,684
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $887,427 | $856,367 | -31,060 (-3.5%) |
| Taxable Value | $887,427 | $856,367 | -31,060 (-3.5%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $856,367 | $82,329 | $774,038 | — | $856,367 | $856,367 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $815,273 | $64,216 | $751,057 | — | $815,273 | $815,273 | ~$16,684 | Partial |
| 2024 | $933,464 | — | — | −$869,248 | $64,216 | $— | $17,112 | Verified |
| 2023 | $200,133 | — | — | −$135,917 | $64,216 | $— | $16,889 | Verified |
| 2022 | $— | — | — | — | $46,765 | $— | $3,952 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +8.9% | +8.9% | ~100% | Not available | Partial |
| 2025 | -5.6% | -5.6% | ~100% | Not available | Partial |
| 2024 | -25.8% | -25.8% | ~100% | 1.9800% | Verified |
| 2023 | +481.1% ! | +481.1% | ~100% | 1.4500% | Verified |
| 2022 | base year | — | ~100% | 1.9700% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +307.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +5.0% | +119.6% | +99.9% | +366.4% | 2024 | -12.7% | 2025 |
| Assessment Ratio | 100.0% | 59.8% | — | 100.0% | 2025 | 6.9% | 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 |
$16,684 | $16,895 | ~$21,272 | $17,112 | 2024 | $16,684 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,645,490 | ~$896,800 | ~2.0139% | ~$18,061 | +101.8% |
| 2027 | ~$3,321,142 | ~$986,480 | ~1.9814% | ~$19,546 | +307.4% |
| 2028 | ~$6,703,160 | ~$1,085,128 | ~1.9488% | ~$21,147 | +722.2% |
| 2029 | ~$13,529,189 | ~$1,193,641 | ~1.9163% | ~$22,874 | +1559.5% |
| 2030 | ~$27,306,368 | ~$1,313,005 | ~1.8837% | ~$24,734 | +3249.4% |
| 2026 | ~$1,629,185 | ~$896,800 | ~2.0465% | ~$18,353 | +99.8% |
| 2027 | ~$3,255,648 | ~$986,480 | ~2.0465% | ~$20,188 | +299.3% |
| 2028 | ~$6,505,860 | ~$1,085,128 | ~2.0465% | ~$22,207 | +698.0% |
| 2029 | ~$13,000,855 | ~$1,193,641 | ~2.0465% | ~$24,428 | +1494.7% |
| 2030 | ~$25,979,998 | ~$1,313,005 | ~2.0465% | ~$26,870 | +3086.7% |
| 2026 | ~$1,661,795 | ~$896,800 | ~1.9977% | ~$17,915 | +103.8% |
| 2027 | ~$3,387,287 | ~$986,480 | ~1.9488% | ~$19,225 | +315.5% |
| 2028 | ~$6,904,410 | ~$1,085,128 | ~1.9000% | ~$20,618 | +746.9% |
| 2029 | ~$14,073,465 | ~$1,193,641 | ~1.8512% | ~$22,097 | +1626.2% |
| 2030 | ~$28,686,367 | ~$1,313,005 | ~1.8024% | ~$23,665 | +3418.6% |
In 2025, this property's market value of $815,273 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -42% 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 | $815,273 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $933,464 | $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.