M L KING JR BLVD 78721
| Owner | EAST 13TH STREET LLC |
|---|---|
| Parcel ID | 0213220711 |
| Short ID | 971019 |
| Type | Real |
| Use Code | O Other / Unclassified |
| Valuation | Unknown |
| Improvement SF | — |
| Land SF | 13,032 SF |
| Acres | 0.299 |
| Year Built | — |
| Legal | FORT BRANCH CREEK SUBD BLK A LOT 7 |
| Neighborhood | E4000 |
| Land | $281,449 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $281,449 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $225,159 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $225,159 |
| Value Limitation Adjustment (−) (homestead cap) | −$168,460 |
| Net Appraised (assessed) | $56,699 |
| Taxable Value | $56,699 |
|---|
| Total Due | $3,690.67 |
|---|---|
| First Delinquent | 2023 |
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 $1,160. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Assessment Gap: Assessed value ($56,699) is $168,460 below market value, suggesting potential for an upward assessment in future years.
Asset Class: O.
Value Composition: Land carries 125% of market value ($281,449 land vs $0 improvements), about $22/SF of land. With value concentrated in the land, this reads as a land-dominated asset — the classic higher-and-best-use / redevelopment signal. Underwrite the dirt, not the building.
Delinquent Taxes: $3,690.67 in unpaid taxes since 2023. These become a lien on the property and transfer to the buyer at closing unless negotiated otherwise.
| Entity | 2024 Rate | 2025 Rate | Rate Effect |
|---|---|---|---|
| City of Austin | 0.4776% | 0.5240% | +22 |
| Travis County | 0.3444% | 0.3758% | +15 |
| Austin ISD | 0.9505% | 0.9252% | -12 |
| Travis Central Health | 0.1080% | 0.1180% | +5 |
| Austin Community College | 0.1013% | 0.1034% | +1 |
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% | $437.16 | $— | $437.16 |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $247.60 | $— | $247.60 |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $177.59 | $— | $177.59 |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $55.77 | $— | $55.77 |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $48.86 | $— | $48.86 |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $966.98 | $0.00 | $966.98 |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $245,159 | $225,159 | +8.9% |
| Assessed Value | $245,159 | $56,699 | +332.4% |
| Land Value | $306,449 | $281,449 | +8.9% |
| Improvement Value | — | — | — |
| Taxable Value | $245,159 | $56,699 | +332.4% |
| Total Tax 2026 = estimate |
~$5,017
Estimated
|
$967 | ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $245,159 | $245,159 | +0 (+0.0%) |
| Taxable Value | $245,159 | $245,159 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $245,159 | $306,449 | — | — | $245,159 | $245,159 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $225,159 | $281,449 | — | −$168,460 | $56,699 | $56,699 | $967 | Verified |
| 2024 | $— | — | — | — | $47,250 | $— | $936 | Verified |
| 2023 | $— | — | — | — | $240,000 | $— | $4,342 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +8.9% | +332.4% | ~100% | Not available | Partial |
| 2025 | +0.1% | -74.8% | 25.2% | 0.4300% | Verified |
| 2024 | -6.2% | -6.2% | ~100% | 0.4200% | Verified |
| 2023 | base year | — | ~100% | 1.8100% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -6.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +8.9% | +8.9% | — | +8.9% | 2026 | +8.9% | 2026 |
| Assessment Ratio | 100.0% | 62.6% | — | 100.0% | 2026 | 25.2% | 2025 |
| Effective Tax Rate (2025) | 0.4300% | 0.4300% | — | 0.4300% | 2025 | 0.4300% | 2025 |
| Tax Amount | $967 | $967 | — | $967 | 2025 | $967 | 2025 |
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.