606 TEXAS AVE AUSTIN, TX 78705
| Owner | BAKIR BEVERLY |
|---|---|
| Parcel ID | 0217061607 |
| Short ID | 211719 |
| Type | Real |
| Use Code | 02 Duplex |
| Valuation | Cost |
| Improvement SF | 2,242 SF |
| Land SF | 6,698 SF |
| Acres | 0.154 |
| Year Built | 1942 |
| Legal | E 2.5FT OF LOT 3 & W 45FT OF LOT 4 BLK 4 OLT 7-8 DIV C HARPERS SUBD |
| Neighborhood | Z64005 |
| Land | $537,215 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $537,215 |
| Improvement | $158,962 |
|---|---|
| Total Improvement | $158,962 |
| Market | $696,177 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $696,177 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $696,177 |
| Taxable Value | $696,177 |
|---|
Appreciation: Market value has risen +24.0% from $561,463 (2021) to $696,177 (2025), a CAGR of 5.5% 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 $14,247. 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 77% of market value ($537,215 land vs $158,962 improvements), about $80/SF of land. With value concentrated in the land under a ~84-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 $696,177, 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 +5.5% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $910,894 by 2030, with an estimated annual tax burden around $17,159. 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 | 2,242 SF | ✗ |
| 1ST | 1st Floor | 1,412 SF | ✓ |
| 2ND | 2nd Floor | 830 SF | ✓ |
| 031 | GARAGE DET 1ST F | 486 SF | ✓ |
| 011 | PORCH OPEN 1ST F | 91 SF | ✗ |
| 012 | PORCH OPEN 2ND F | 91 SF | ✗ |
| 631 | PORCH CLOS UNFIN | 20 SF | ✓ |
| 251 | BATHROOM | 3 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% | $6,441.03 | $6,441.03 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $3,648.09 | $3,648.09 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,616.55 | $2,616.55 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $821.65 | $821.65 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $719.85 | $719.85 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $14,247.17 | $14,247.17 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $916,349 | $696,177 | +31.6% |
| Assessed Value | $835,412 | $696,177 | +20.0% |
| Land Value | $519,715 | $537,215 | -3.3% |
| Improvement Value | $396,634 | $158,962 | +149.5% |
| Taxable Value | $835,412 | $696,177 | +20.0% |
| HS Cap Loss | -$80,937 | — | |
| Total Tax 2026 = estimate |
~$17,097
Estimated
|
~$14,247
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $949,585 | $916,349 | -33,236 (-3.5%) |
| Taxable Value | $835,412 | $835,412 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $916,349 | $519,715 | $396,634 | −$80,937 | $835,412 | $835,412 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $696,177 | $537,215 | $158,962 | — | $696,177 | $696,177 | ~$14,247 | Partial |
| 2024 | $890,521 | — | — | −$140,521 | $750,000 | $— | $16,495 | Verified |
| 2023 | $890,521 | — | — | −$540,521 | $350,000 | $— | $16,112 | Verified |
| 2022 | $711,300 | — | — | −$361,300 | $350,000 | $— | $17,587 | Verified |
| 2021 | $561,463 | — | — | −$236,463 | $325,000 | $— | $15,483 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +36.4% | +20.0% | 88.0% | Not available | Partial |
| 2025 | -22.6% | -22.6% | ~100% | Not available | Partial |
| 2024 | +1.0% | +1.0% | ~100% | 1.8300% | Verified |
| 2023 | -10.0% | -10.0% | ~100% | 1.8100% | Verified |
| 2022 | +39.1% | +39.1% | ~100% | 1.7800% | Verified |
| 2021 | base year | — | ~100% | 2.7600% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -2.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +31.6% | +12.3% | +0.5% | +31.6% | 2026 | -21.8% | 2025 |
| Assessment Ratio | 91.2% | 70.3% | — | 100.0% | 2025 | 39.3% | 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 |
$14,247 | $15,985 | ~$15,960 | $17,587 | 2022 | $14,247 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$734,631 | ~$734,631 | ~2.0139% | ~$14,795 | +5.5% |
| 2027 | ~$775,209 | ~$775,209 | ~1.9814% | ~$15,360 | +11.4% |
| 2028 | ~$818,029 | ~$818,029 | ~1.9488% | ~$15,942 | +17.5% |
| 2029 | ~$863,213 | ~$863,213 | ~1.9163% | ~$16,542 | +24.0% |
| 2030 | ~$910,894 | ~$910,894 | ~1.8837% | ~$17,159 | +30.8% |
| 2026 | ~$720,708 | ~$720,708 | ~2.0465% | ~$14,749 | +3.5% |
| 2027 | ~$746,102 | ~$746,102 | ~2.0465% | ~$15,269 | +7.2% |
| 2028 | ~$772,392 | ~$772,392 | ~2.0465% | ~$15,807 | +10.9% |
| 2029 | ~$799,608 | ~$799,608 | ~2.0465% | ~$16,364 | +14.9% |
| 2030 | ~$827,783 | ~$827,783 | ~2.0465% | ~$16,940 | +18.9% |
| 2026 | ~$748,555 | ~$748,555 | ~1.9977% | ~$14,954 | +7.5% |
| 2027 | ~$804,873 | ~$804,873 | ~1.9488% | ~$15,686 | +15.6% |
| 2028 | ~$865,428 | ~$865,428 | ~1.9000% | ~$16,443 | +24.3% |
| 2029 | ~$930,540 | ~$930,540 | ~1.8512% | ~$17,226 | +33.7% |
| 2030 | ~$1,000,550 | ~$1,000,550 | ~1.8024% | ~$18,034 | +43.7% |
In 2025, this property's market value of $696,177 places it in the 50th–75th percentile for Multi-Family properties in Travis County (12584 comparable) — +34% 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 | $696,177 | $438,669 | $519,778 | $749,859 | ↑ Above median | -7.5% |
| 2024 | $890,521 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $890,521 | $503,905 | $617,035 | $919,932 | ↑ Above median | +0.9% |
| 2022 | $711,300 | $506,618 | $615,058 | $906,429 | ↑ Above median | +39.1% |
| 2021 | $561,463 | $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.