701 HARRIS AVE TX 78705
| Owner | 701 HARRIS LLC |
|---|---|
| Parcel ID | 0216070102 |
| Short ID | 210519 |
| Type | Real |
| Use Code | 02 Duplex |
| Valuation | Cost |
| Improvement SF | 3,364 SF |
| Land SF | 6,907 SF |
| Acres | 0.159 |
| Year Built | 1927 |
| Legal | LOT 1 COUNTRY CLUB LAWNS RESUB OF LOT 24 |
| Neighborhood | Z64005 |
| Land | $540,868 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $540,868 |
| Improvement | $258,544 |
|---|---|
| Total Improvement | $258,544 |
| Market | $799,412 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $799,412 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $799,412 |
| Taxable Value | $799,412 |
|---|
Appreciation: Market value has risen +31.1% from $610,000 (2021) to $799,412 (2025), a CAGR of 7.0% over 4 years. This represents moderate, steady growth. Most of this growth came in a single year (2025→2026), 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 lagged 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 $16,360. 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 cost approach, tied more to replacement cost and physical condition than to income performance.
Value Composition: Land carries 68% of market value ($540,868 land vs $258,544 improvements), about $78/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $799,412, 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 +7.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,120,912 by 2030, with an estimated annual tax burden around $21,115. 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.
6 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 095 | HVAC RESIDENTIAL | 3,364 SF | ✗ |
| 1ST | 1st Floor | 2,688 SF | ✓ |
| 2ND | 2nd Floor | 676 SF | ✓ |
| 011 | PORCH OPEN 1ST F | 207 SF | ✗ |
| 252 | BEDROOMS | 11 SF | ✓ |
| 251 | BATHROOM | 5 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% | $7,396.16 | $7,396.16 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $4,189.05 | $4,189.05 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,004.55 | $3,004.55 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $943.49 | $943.49 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $826.59 | $826.59 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $16,359.84 | $16,359.84 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,140,485 | $799,412 | +42.7% |
| Assessed Value | $959,294 | $799,412 | +20.0% |
| Land Value | $523,368 | $540,868 | -3.2% |
| Improvement Value | $617,117 | $258,544 | +138.7% |
| Taxable Value | $959,294 | $799,412 | +20.0% |
| HS Cap Loss | -$181,191 | — | |
| Total Tax 2026 = estimate |
~$19,632
Estimated
|
~$16,360
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,140,485 | $1,140,485 | +0 (+0.0%) |
| Taxable Value | $959,294 | $959,294 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,140,485 | $523,368 | $617,117 | −$181,191 | $959,294 | $959,294 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $799,412 | $540,868 | $258,544 | — | $799,412 | $799,412 | ~$16,360 | Partial |
| 2024 | $750,839 | — | — | −$839 | $750,000 | $— | $17,856 | Verified |
| 2023 | $841,465 | — | — | −$491,465 | $350,000 | $— | $13,585 | Verified |
| 2022 | $736,095 | — | — | −$386,095 | $350,000 | $— | $16,618 | Verified |
| 2021 | $610,000 | — | — | −$285,000 | $325,000 | $— | $16,022 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +42.7% | +20.0% | 84.1% | Not available | Partial |
| 2025 | -11.7% | -11.3% | ~100% | Not available | Partial |
| 2024 | +20.6% | +20.0% | 99.5% | 1.9700% | Verified |
| 2023 | -10.8% | -10.8% | ~100% | 1.8100% | Verified |
| 2022 | +14.3% | +14.3% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.6300% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +8.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +42.7% | +14.7% | +0.6% | +42.7% | 2026 | -10.8% | 2024 |
| Assessment Ratio | 84.1% | 71.1% | — | 100.0% | 2025 | 41.6% | 2023 |
| 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 |
$16,360 | $16,088 | ~$19,126 | $17,856 | 2024 | $13,585 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$855,324 | ~$855,324 | ~2.0139% | ~$17,226 | +7.0% |
| 2027 | ~$915,147 | ~$915,147 | ~1.9814% | ~$18,133 | +14.5% |
| 2028 | ~$979,155 | ~$979,155 | ~1.9488% | ~$19,082 | +22.5% |
| 2029 | ~$1,047,639 | ~$1,047,639 | ~1.9163% | ~$20,076 | +31.1% |
| 2030 | ~$1,120,912 | ~$1,120,912 | ~1.8837% | ~$21,115 | +40.2% |
| 2026 | ~$839,336 | ~$839,336 | ~2.0465% | ~$17,177 | +5.0% |
| 2027 | ~$881,254 | ~$881,254 | ~2.0465% | ~$18,035 | +10.2% |
| 2028 | ~$925,266 | ~$925,266 | ~2.0465% | ~$18,935 | +15.7% |
| 2029 | ~$971,475 | ~$971,475 | ~2.0465% | ~$19,881 | +21.5% |
| 2030 | ~$1,019,993 | ~$1,019,993 | ~2.0465% | ~$20,874 | +27.6% |
| 2026 | ~$871,313 | ~$871,313 | ~1.9977% | ~$17,406 | +9.0% |
| 2027 | ~$949,680 | ~$949,680 | ~1.9488% | ~$18,508 | +18.8% |
| 2028 | ~$1,035,096 | ~$1,035,096 | ~1.9000% | ~$19,667 | +29.5% |
| 2029 | ~$1,128,195 | ~$1,128,195 | ~1.8512% | ~$20,885 | +41.1% |
| 2030 | ~$1,229,667 | ~$1,229,667 | ~1.8024% | ~$22,163 | +53.8% |
In 2025, this property's market value of $799,412 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — +54% 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 | $799,412 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $750,839 | $467,458 | $564,615 | $848,565 | ↑ Above median | -6.3% |
| 2023 | $841,465 | $503,905 | $617,035 | $919,932 | ↑ Above median | +0.9% |
| 2022 | $736,095 | $506,618 | $615,058 | $906,429 | ↑ Above median | +39.1% |
| 2021 | $610,000 | $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.