48 EAST AVE 3010 78701
| Owner | NATITVO 3010 LLC |
|---|---|
| Parcel ID | 0203033027 |
| Short ID | 958735 |
| Type | Real |
| Use Code | 22 Hi-Rise Condo / Apartment |
| Valuation | Income |
| Improvement SF | 1,277 SF |
| Land SF | 107 SF |
| Acres | 0.002 |
| Year Built | 2021 |
| Legal | 48 EAST CONDOMINIUMS UNT 3010 0.5967%INT IN COMMON AREA |
| Neighborhood | CBDR_C |
| Land | $73,103 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $73,103 |
| Improvement | $838,049 |
|---|---|
| Total Improvement | $838,049 |
| Market | $911,152 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $911,152 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $911,152 |
| Taxable Value | $911,152 |
|---|
Appreciation: Market value has risen +299.9% from $227,858 (2023) to $911,152 (2025), a CAGR of 100.0% 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 $18,647. 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 ($73,103 land vs $838,049 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 $911,152, 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 +100.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $29,134,476 by 2030, with an estimated annual tax burden around $27,642. 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 | 1,277 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% | $8,429.98 | $8,429.98 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $4,774.59 | $4,774.59 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,424.52 | $3,424.52 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,075.37 | $1,075.37 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $942.13 | $942.13 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $18,646.59 | $18,646.59 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,145,690 | $911,152 | +25.7% |
| Assessed Value | $1,093,382 | $911,152 | +20.0% |
| Land Value | $93,721 | $73,103 | +28.2% |
| Improvement Value | $1,051,969 | $838,049 | +25.5% |
| Taxable Value | $1,093,382 | $911,152 | +20.0% |
| HS Cap Loss | -$52,308 | — | |
| Total Tax 2026 = estimate |
~$22,376
Estimated
|
~$18,647
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,224,465 | $1,145,690 | -78,775 (-6.4%) |
| Taxable Value | $1,093,382 | $1,093,382 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,145,690 | $93,721 | $1,051,969 | −$52,308 | $1,093,382 | $1,093,382 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $911,152 | $73,103 | $838,049 | — | $911,152 | $911,152 | ~$18,647 | Partial |
| 2024 | $1,324,824 | — | — | −$1,251,721 | $73,103 | $— | $21,905 | Verified |
| 2023 | $227,858 | — | — | −$154,755 | $73,103 | $— | $23,969 | Verified |
| 2022 | $— | — | — | — | $53,245 | $— | $4,500 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +34.4% | +20.0% | 89.3% | Not available | Partial |
| 2025 | -17.6% | -17.6% | ~100% | Not available | Partial |
| 2024 | -16.6% | -16.6% | ~100% | 1.9800% | Verified |
| 2023 | +481.4% ! | +481.4% | ~100% | 1.8100% | Verified |
| 2022 | base year | — | ~100% | 1.9700% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +299.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +25.7% | +158.6% | +91.8% | +481.4% | 2024 | -31.2% | 2025 |
| Assessment Ratio | 95.4% | 58.2% | — | 100.0% | 2025 | 5.5% | 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 |
$18,647 | $21,507 | ~$23,774 | $23,969 | 2023 | $18,647 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,822,024 | ~$1,002,267 | ~2.0139% | ~$20,185 | +100.0% |
| 2027 | ~$3,643,488 | ~$1,102,494 | ~1.9814% | ~$21,845 | +299.9% |
| 2028 | ~$7,285,857 | ~$1,212,743 | ~1.9488% | ~$23,634 | +699.6% |
| 2029 | ~$14,569,476 | ~$1,334,018 | ~1.9163% | ~$25,564 | +1499.0% |
| 2030 | ~$29,134,476 | ~$1,467,419 | ~1.8837% | ~$27,642 | +3097.5% |
| 2026 | ~$1,803,801 | ~$1,002,267 | ~2.0465% | ~$20,511 | +98.0% |
| 2027 | ~$3,570,972 | ~$1,102,494 | ~2.0465% | ~$22,562 | +291.9% |
| 2028 | ~$7,069,427 | ~$1,212,743 | ~2.0465% | ~$24,819 | +675.9% |
| 2029 | ~$13,995,294 | ~$1,334,018 | ~2.0465% | ~$27,300 | +1436.0% |
| 2030 | ~$27,706,382 | ~$1,467,419 | ~2.0465% | ~$30,031 | +2940.8% |
| 2026 | ~$1,840,247 | ~$1,002,267 | ~1.9977% | ~$20,022 | +102.0% |
| 2027 | ~$3,716,734 | ~$1,102,494 | ~1.9488% | ~$21,486 | +307.9% |
| 2028 | ~$7,506,660 | ~$1,212,743 | ~1.9000% | ~$23,042 | +723.9% |
| 2029 | ~$15,161,148 | ~$1,334,018 | ~1.8512% | ~$24,695 | +1564.0% |
| 2030 | ~$30,620,860 | ~$1,467,419 | ~1.8024% | ~$26,448 | +3260.7% |
In 2025, this property's market value of $911,152 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -36% 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 | $911,152 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $1,324,824 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $227,858 | $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.