511 HARRIS AVE TX 78705
| Owner | GILES SCOTT |
|---|---|
| Parcel ID | 0217060908 |
| Short ID | 211623 |
| Type | Real |
| Use Code | 02 Duplex |
| Valuation | Cost |
| Improvement SF | 1,728 SF |
| Land SF | 5,131 SF |
| Acres | 0.118 |
| Year Built | 1937 |
| Legal | E 46FT LOT 35-36 OLT 7 DIV C CARROLLS L W SUBD |
| Neighborhood | Z64005 |
| Land | $502,188 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $502,188 |
| Improvement | $112,707 |
|---|---|
| Total Improvement | $112,707 |
| Market | $614,895 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $614,895 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $614,895 |
| Exemptions (−) (HS) | −$122,979 |
|---|---|
| Taxable Value | $491,916 |
Appreciation: Market value has risen +25.6% from $489,583 (2021) to $614,895 (2025), a CAGR of 5.9% over 4 years. This represents moderate, steady growth. 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 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 $10,067. Austin ISD is the largest single contributor, at 43.8% 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 82% of market value ($502,188 land vs $112,707 improvements), about $98/SF of land. With value concentrated in the land under a ~89-year-old structure, this reads as a land-dominated asset — the classic higher-and-best-use / redevelopment signal. Underwrite the dirt, not the building.
Submarket Position: At $614,895, this parcel sits in the upper-middle (50th–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 +5.9% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $817,559 by 2030, with an estimated annual tax burden around $15,401. 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.
4 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 1,728 SF | ✓ |
| 095 | HVAC RESIDENTIAL | 1,728 SF | ✗ |
| 512 | DECK UNCOVRED | 180 SF | ✗ |
| 251 | BATHROOM | 2 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% | $4,393.73 | $4,393.73 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $2,577.72 | $2,577.72 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,848.84 | $1,848.84 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $629.44 | $629.44 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $580.57 | $580.57 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $10,030.30 | $10,030.30 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $735,153 | $614,895 | +19.6% |
| Assessed Value | $676,385 | $614,895 | +10.0% |
| Land Value | $492,292 | $502,188 | -2.0% |
| Improvement Value | $242,861 | $112,707 | +115.5% |
| Taxable Value | $541,108 | $491,916 | +10.0% |
| Exemptions | HS | HS | |
| HS Cap Loss | -$58,768 | — | |
| Total Tax 2026 = estimate |
~$11,074
Estimated
|
~$10,030
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $735,153 | $735,153 | +0 (+0.0%) |
| Taxable Value | $541,108 | $541,108 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $735,153 | $492,292 | $242,861 | −$58,768 | $676,385 | $541,108 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $614,895 | $502,188 | $112,707 | — | $614,895 | $491,916 | ~$10,030 | Partial |
| 2024 | $719,988 | — | — | — | $750,000 ! | $— | $13,264 | Verified |
| 2023 | $693,560 | — | — | −$343,560 | $350,000 | $— | $10,934 | Verified |
| 2022 | $540,700 | — | — | −$190,700 | $350,000 | $— | $12,078 | Verified |
| 2021 | $489,583 | — | — | −$164,583 | $325,000 | $— | $11,769 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +19.6% | +10.0% | 92.0% | Not available | Partial |
| 2025 | -26.3% | -22.4% | ~100% | Not available | Partial |
| 2024 | +15.9% | +10.0% | 94.9% | 1.5900% | Verified |
| 2023 | +3.8% | +3.8% | ~100% | 1.5200% | Verified |
| 2022 | +28.3% | +28.3% | ~100% | 1.7400% | Verified |
| 2021 | base year | — | ~100% | 2.4000% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +13.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +19.6% | +9.5% | +2.4% | +28.3% | 2023 | -14.6% | 2025 |
| Assessment Ratio | 92.0% | 79.6% | — | 104.2% | 2024 | 50.5% | 2023 |
| Effective Tax Rate (2025) | 1.6300% | 1.6300% | — | 1.6300% | 2025 | 1.6300% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$10,030 | $11,615 | ~$14,236 | $13,264 | 2024 | $10,030 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$650,945 | ~$650,945 | ~2.0139% | ~$13,110 | +5.9% |
| 2027 | ~$689,110 | ~$689,110 | ~1.9814% | ~$13,654 | +12.1% |
| 2028 | ~$729,511 | ~$729,511 | ~1.9488% | ~$14,217 | +18.6% |
| 2029 | ~$772,281 | ~$772,281 | ~1.9163% | ~$14,799 | +25.6% |
| 2030 | ~$817,559 | ~$817,559 | ~1.8837% | ~$15,401 | +33.0% |
| 2026 | ~$638,648 | ~$638,648 | ~2.0465% | ~$13,070 | +3.9% |
| 2027 | ~$663,318 | ~$663,318 | ~2.0465% | ~$13,575 | +7.9% |
| 2028 | ~$688,941 | ~$688,941 | ~2.0465% | ~$14,099 | +12.0% |
| 2029 | ~$715,554 | ~$715,554 | ~2.0465% | ~$14,644 | +16.4% |
| 2030 | ~$743,195 | ~$743,195 | ~2.0465% | ~$15,209 | +20.9% |
| 2026 | ~$663,243 | ~$663,243 | ~1.9977% | ~$13,249 | +7.9% |
| 2027 | ~$715,393 | ~$715,393 | ~1.9488% | ~$13,942 | +16.3% |
| 2028 | ~$771,644 | ~$771,644 | ~1.9000% | ~$14,661 | +25.5% |
| 2029 | ~$832,317 | ~$832,317 | ~1.8512% | ~$15,408 | +35.4% |
| 2030 | ~$897,761 | ~$897,761 | ~1.8024% | ~$16,181 | +46.0% |
In 2025, this property's market value of $614,895 places it in the 50th–75th percentile for Multi-Family properties in Travis County (12584 comparable) — +18% 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 | $614,895 | $438,669 | $519,778 | $749,859 | ↑ Above median | -7.5% |
| 2024 | $719,988 | $467,458 | $564,615 | $848,565 | ↑ Above median | -6.3% |
| 2023 | $693,560 | $503,905 | $617,035 | $919,932 | ↑ Above median | +0.9% |
| 2022 | $540,700 | $506,618 | $615,058 | $906,429 | ↓ Below median | +39.1% |
| 2021 | $489,583 | $300,453 | $376,850 | $539,896 | ↑ Above median | 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.