601 TEXAS AVE TX 78705
| Owner | ATTAL WOLFRED C JR |
|---|---|
| Parcel ID | 0217061501 |
| Short ID | 211699 |
| Type | Real |
| Use Code | 02 Duplex |
| Valuation | Cost |
| Improvement SF | 2,660 SF |
| Land SF | 7,021 SF |
| Acres | 0.161 |
| Year Built | 1995 |
| Legal | LOT 10 BLK 5 OLT 7-8 DIV C HARPERS SUBD |
| Neighborhood | Z64005 |
| Land | $542,872 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $542,872 |
| Improvement | $128,217 |
|---|---|
| Total Improvement | $128,217 |
| Market | $671,089 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $671,089 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $671,089 |
| Taxable Value | $671,089 |
|---|
Appreciation: Market value has risen +9.4% from $613,500 (2021) to $671,089 (2025), a CAGR of 2.3% over 4 years. Growth has been relatively flat for this asset class. 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 $13,734. 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 81% of market value ($542,872 land vs $128,217 improvements), about $77/SF of land. With value concentrated in the land under a ~31-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 $671,089, 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 +2.3% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $750,736 by 2030, with an estimated annual tax burden around $14,142. 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.
8 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 095 | HVAC RESIDENTIAL | 2,660 SF | ✗ |
| 1ST | 1st Floor | 1,330 SF | ✓ |
| 2ND | 2nd Floor | 1,330 SF | ✓ |
| 512 | DECK UNCOVRED | 120 SF | ✗ |
| 612 | TERRACE UNCOVERD | 120 SF | ✗ |
| 581 | STORAGE ATT | 110 SF | ✓ |
| 011 | PORCH OPEN 1ST F | 55 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% | $6,208.92 | $6,208.92 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $3,516.62 | $3,516.62 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,522.25 | $2,522.25 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $792.04 | $792.04 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $693.91 | $693.91 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $13,733.74 | $13,733.74 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $795,225 | $671,089 | +18.5% |
| Assessed Value | $795,225 | $671,089 | +18.5% |
| Land Value | $525,186 | $542,872 | -3.3% |
| Improvement Value | $270,039 | $128,217 | +110.6% |
| Taxable Value | $795,225 | $671,089 | +18.5% |
| Total Tax 2026 = estimate |
~$16,274
Estimated
|
~$13,734
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $970,954 | $795,225 | -175,729 (-18.1%) |
| Taxable Value | $805,307 | $795,225 | -10,082 (-1.3%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $795,225 | $525,186 | $270,039 | — | $795,225 | $795,225 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $671,089 | $542,872 | $128,217 | — | $671,089 | $671,089 | ~$13,734 | Partial |
| 2024 | $704,748 | — | — | — | $750,000 ! | $— | $15,914 | Verified |
| 2023 | $751,331 | — | — | −$401,331 | $350,000 | $— | $12,751 | Verified |
| 2022 | $667,700 | — | — | −$317,700 | $350,000 | $— | $14,838 | Verified |
| 2021 | $613,500 | — | — | −$288,500 | $325,000 | $— | $14,534 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +44.7% | +20.0% | 82.9% | Not available | Partial |
| 2025 | -16.4% | -16.4% | ~100% | Not available | Partial |
| 2024 | +13.9% | +13.9% | ~100% | 1.9800% | Verified |
| 2023 | -6.2% | -6.2% | ~100% | 1.8100% | Verified |
| 2022 | +12.5% | +12.5% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.3700% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +0.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +18.5% | +5.8% | -0.9% | +18.5% | 2026 | -6.2% | 2024 |
| Assessment Ratio | 100.0% | 76.4% | — | 106.4% | 2024 | 46.6% | 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 |
$13,734 | $14,354 | ~$13,985 | $15,914 | 2024 | $12,751 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$686,312 | ~$686,312 | ~2.0139% | ~$13,822 | +2.3% |
| 2027 | ~$701,880 | ~$701,880 | ~1.9814% | ~$13,907 | +4.6% |
| 2028 | ~$717,801 | ~$717,801 | ~1.9488% | ~$13,989 | +7.0% |
| 2029 | ~$734,084 | ~$734,084 | ~1.9163% | ~$14,067 | +9.4% |
| 2030 | ~$750,736 | ~$750,736 | ~1.8837% | ~$14,142 | +11.9% |
| 2026 | ~$672,890 | ~$672,890 | ~2.0465% | ~$13,771 | +0.3% |
| 2027 | ~$674,696 | ~$674,696 | ~2.0465% | ~$13,808 | +0.5% |
| 2028 | ~$676,507 | ~$676,507 | ~2.0465% | ~$13,845 | +0.8% |
| 2029 | ~$678,322 | ~$678,322 | ~2.0465% | ~$13,882 | +1.1% |
| 2030 | ~$680,143 | ~$680,143 | ~2.0465% | ~$13,919 | +1.3% |
| 2026 | ~$699,734 | ~$699,734 | ~1.9977% | ~$13,978 | +4.3% |
| 2027 | ~$729,601 | ~$729,601 | ~1.9488% | ~$14,219 | +8.7% |
| 2028 | ~$760,743 | ~$760,743 | ~1.9000% | ~$14,454 | +13.4% |
| 2029 | ~$793,215 | ~$793,215 | ~1.8512% | ~$14,684 | +18.2% |
| 2030 | ~$827,072 | ~$827,072 | ~1.8024% | ~$14,907 | +23.2% |
In 2025, this property's market value of $671,089 places it in the 50th–75th percentile for Multi-Family properties in Travis County (12584 comparable) — +29% 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 | $671,089 | $438,669 | $519,778 | $749,859 | ↑ Above median | -7.5% |
| 2024 | $704,748 | $467,458 | $564,615 | $848,565 | ↑ Above median | -6.3% |
| 2023 | $751,331 | $503,905 | $617,035 | $919,932 | ↑ Above median | +0.9% |
| 2022 | $667,700 | $506,618 | $615,058 | $906,429 | ↑ Above median | +39.1% |
| 2021 | $613,500 | $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.