2505 SETON AVE TX 78705
| Owner | TAKUSHOKU FUDOSAN CO LTD |
|---|---|
| Parcel ID | 0214010411 |
| Short ID | 206467 |
| Type | Real |
| Use Code | 04 Fourplex |
| Valuation | Income |
| Improvement SF | 3,376 SF |
| Land SF | 3,654 SF |
| Acres | 0.084 |
| Year Built | 1987 |
| Legal | LOT 2 SETON AVENUE SUBD |
| Neighborhood | Z40005 |
| Land | $473,819 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $473,819 |
| Improvement | $657,091 |
|---|---|
| Total Improvement | $657,091 |
| Market | $1,130,910 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,130,910 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,130,910 |
| Taxable Value | $1,130,910 |
|---|
Appreciation: Market value has risen +100.6% from $563,788 (2021) to $1,130,910 (2025), a CAGR of 19.0% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2022→2023), not a steady climb — worth checking what drove that reappraisal rather than assuming a smooth trend. Over the same span, the median Multi-Family parcel countywide rose +37.9%, so this parcel has outpaced the broader multi-family 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 $23,144. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Asset Class: Multi-family residential. 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 42% of market value ($473,819 land vs $657,091 improvements), about $130/SF of land. Most value sits in the improvements, so building condition, age (~39 yrs), and rent roll drive the underwriting.
Submarket Position: At $1,130,910, this parcel sits in the top quartile (≥75th percentile) of Multi-Family property in Travis County — county median $519,778 (P25 $438,669 / P75 $749,859, n=12,584). Multi-Family here is the broad TCAD category — every multi-family 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 +19.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,699,717 by 2030, with an estimated annual tax burden around $34,309. 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.
10 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 095 | HVAC RESIDENTIAL | 3,376 SF | ✗ |
| 551 | PAVED AREA | 1,504 SF | ✗ |
| 1ST | 1st Floor | 1,200 SF | ✓ |
| 3RD | 3rd Floor | 1,160 SF | ✓ |
| 2ND | 2nd Floor | 1,016 SF | ✓ |
| 612 | TERRACE UNCOVERD | 240 SF | ✗ |
| 011 | PORCH OPEN 1ST F | 144 SF | ✗ |
| 581 | STORAGE ATT | 20 SF | ✓ |
| 252 | BEDROOMS | 6 SF | ✓ |
| 251 | BATHROOM | 4 SF | ✓ |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| 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% | $10,463.18 | $10,463.18 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $5,926.16 | $5,926.16 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $4,250.47 | $4,250.47 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,334.73 | $1,334.73 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,169.36 | $1,169.36 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $23,143.90 | $23,143.90 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,148,841 | $1,130,910 | +1.6% |
| Assessed Value | $1,148,841 | $1,130,910 | +1.6% |
| Land Value | $473,819 | $473,819 | +0.0% |
| Improvement Value | $675,022 | $657,091 | +2.7% |
| Taxable Value | $1,148,841 | $1,130,910 | +1.6% |
| Total Tax 2026 = estimate |
~$23,511
Estimated
|
~$23,144
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,148,841 | $1,148,841 | +0 (+0.0%) |
| Taxable Value | $1,148,841 | $1,148,841 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,148,841 | $473,819 | $675,022 | — | $1,148,841 | $1,148,841 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,130,910 | $473,819 | $657,091 | — | $1,130,910 | $1,130,910 | ~$23,144 | Partial |
| 2024 | $1,395,813 | — | — | −$855,813 | $540,000 | $— | $26,166 | Verified |
| 2023 | $1,331,668 | — | — | −$791,668 | $540,000 | $— | $25,254 | Verified |
| 2022 | $767,100 | — | — | −$227,100 | $540,000 | $— | $26,299 | Verified |
| 2021 | $563,788 | — | — | −$212,788 | $351,000 | $— | $16,697 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +1.6% | +1.6% | ~100% | Not available | Partial |
| 2025 | -14.3% | -14.3% | ~100% | Not available | Partial |
| 2024 | -5.4% | -5.4% | ~100% | 1.9800% | Verified |
| 2023 | +4.8% | +4.8% | ~100% | 1.8100% | Verified |
| 2022 | +73.6% | +73.6% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.9600% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +47.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +1.6% | +19.4% | +18.6% | +73.6% | 2023 | -19.0% | 2025 |
| Assessment Ratio | 100.0% | 68.7% | — | 100.0% | 2025 | 38.7% | 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 |
$23,144 | $23,512 | ~$29,508 | $26,299 | 2022 | $16,697 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,345,879 | ~$1,244,001 | ~2.0139% | ~$25,053 | +19.0% |
| 2027 | ~$1,601,711 | ~$1,368,401 | ~1.9814% | ~$27,113 | +41.6% |
| 2028 | ~$1,906,173 | ~$1,505,241 | ~1.9488% | ~$29,335 | +68.6% |
| 2029 | ~$2,268,508 | ~$1,655,765 | ~1.9163% | ~$31,729 | +100.6% |
| 2030 | ~$2,699,717 | ~$1,821,342 | ~1.8837% | ~$34,309 | +138.7% |
| 2026 | ~$1,323,261 | ~$1,244,001 | ~2.0465% | ~$25,458 | +17.0% |
| 2027 | ~$1,548,328 | ~$1,368,401 | ~2.0465% | ~$28,004 | +36.9% |
| 2028 | ~$1,811,676 | ~$1,505,241 | ~2.0465% | ~$30,805 | +60.2% |
| 2029 | ~$2,119,815 | ~$1,655,765 | ~2.0465% | ~$33,885 | +87.4% |
| 2030 | ~$2,480,364 | ~$1,821,342 | ~2.0465% | ~$37,273 | +119.3% |
| 2026 | ~$1,368,497 | ~$1,244,001 | ~1.9977% | ~$24,851 | +21.0% |
| 2027 | ~$1,655,999 | ~$1,368,401 | ~1.9488% | ~$26,668 | +46.4% |
| 2028 | ~$2,003,899 | ~$1,505,241 | ~1.9000% | ~$28,600 | +77.2% |
| 2029 | ~$2,424,889 | ~$1,655,765 | ~1.8512% | ~$30,651 | +114.4% |
| 2030 | ~$2,934,322 | ~$1,821,342 | ~1.8024% | ~$32,827 | +159.5% |
In 2025, this property's market value of $1,130,910 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — +118% above the county median of $519,778. Multi-Family here is the broad TCAD category — every multi-family 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 | $1,130,910 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $1,395,813 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $1,331,668 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $767,100 | $506,618 | $615,058 | $906,429 | ↑ Above median | +39.1% |
| 2021 | $563,788 | $300,453 | $376,850 | $539,896 | ↑ Top 25% | base yr |
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.