915 E 41 ST TX 78751
| Owner | RESOLUTE HANCOCK LLC |
|---|---|
| Parcel ID | 0217090411 |
| Short ID | 211811 |
| Type | Real |
| Use Code | 06 Apartment 26–49 Units |
| Valuation | Income |
| Improvement SF | 18,810 SF |
| Land SF | 30,245 SF |
| Acres | 0.694 |
| Year Built | 1980 |
| Legal | LOT 3 BLK 12 OLT 20-21 DIV C PLAINVIEW HEIGHTS |
| Neighborhood | 06WC2 |
| Land | $1,512,250 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,512,250 |
| Improvement | $1,582,988 |
|---|---|
| Total Improvement | $1,582,988 |
| Market | $3,095,238 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $3,095,238 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $3,095,238 |
| Taxable Value | $3,095,238 |
|---|
Appreciation: Market value has fallen -22.6% from $4,000,000 (2021) to $3,095,238 (2025), a CAGR of -6.2% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2024→2025), 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 $63,344. 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 49% of market value ($1,512,250 land vs $1,582,988 improvements), about $50/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $3,095,238, 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 -6.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,246,398 by 2030, with an estimated annual tax burden around $42,316. 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.
13 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 14,860 SF | ✗ |
| 1ST | 1st Floor | 6,885 SF | ✓ |
| 2ND | 2nd Floor | 6,885 SF | ✓ |
| 591 | MASONRY TRIM SF | 6,600 SF | ✗ |
| 3RD | 3rd Floor | 5,040 SF | ✓ |
| SO | Sketch Only | 4,040 SF | ✗ |
| 012C | PORCH OPEN 2 COMM | 3,020 SF | ✗ |
| 011C | PORCH OPEN 1ST COMM | 2,820 SF | ✗ |
| 611 | TERRACE | 567 SF | ✗ |
| 132 | PLBG 5-FIXT AVG | 1 SF | ✓ |
| 182 | SINK AVG | 1 SF | ✓ |
| 242 | OBS OVEN/BURN | 1 SF | ✓ |
| 413 | STAIRWAY EXT | 1 SF | ✓ |
Market value changed by 131% in 2026, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| 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% | $28,637.14 | $28,637.14 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $16,219.57 | $16,219.57 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $11,633.30 | $11,633.30 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $3,653.09 | $3,653.09 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $3,200.48 | $3,200.48 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $63,343.58 | $63,343.58 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $3,840,000 | $3,095,238 | +24.1% |
| Assessed Value | $3,714,286 | $3,095,238 | +20.0% |
| Land Value | $1,512,250 | $1,512,250 | +0.0% |
| Improvement Value | $2,327,750 | $1,582,988 | +47.0% |
| Taxable Value | $3,714,286 | $3,095,238 | +20.0% |
| HS Cap Loss | -$125,714 | — | |
| Total Tax 2026 = estimate |
~$76,012
Estimated
|
~$63,344
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $7,147,800 | $3,840,000 | -3,307,800 (-46.3%) |
| Taxable Value | $3,714,286 | $3,714,286 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $3,840,000 | $1,512,250 | $2,327,750 | −$125,714 | $3,714,286 | $3,714,286 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $3,095,238 | $1,512,250 | $1,582,988 | — | $3,095,238 | $3,095,238 | ~$63,344 | Partial |
| 2024 | $4,420,350 | — | — | −$2,908,100 | $1,512,250 | $— | $71,010 | Verified |
| 2023 | $4,000,000 | — | — | −$2,487,750 | $1,512,250 | $— | $79,975 | Verified |
| 2022 | $3,871,140 | — | — | −$2,358,890 | $1,512,250 | $— | $78,997 | Verified |
| 2021 | $4,000,000 | — | — | −$2,487,750 | $1,512,250 | $— | $84,262 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +130.9% ! | +20.0% | 52.0% | Not available | Partial |
| 2025 | -53.0% | -53.0% | ~100% | Not available | Partial |
| 2024 | +48.9% | +48.9% | ~100% | 1.0800% | Verified |
| 2023 | +10.5% | +10.5% | ~100% | 1.8100% | Verified |
| 2022 | +3.3% | +3.3% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1100% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -20.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +24.1% | +0.9% | -9.8% | +24.1% | 2026 | -30.0% | 2025 |
| Assessment Ratio | 96.7% | 57.6% | — | 100.0% | 2025 | 34.2% | 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 |
$63,344 | $75,518 | ~$50,079 | $84,262 | 2021 | $63,344 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,903,037 | ~$2,903,037 | ~2.0139% | ~$58,465 | -6.2% |
| 2027 | ~$2,722,771 | ~$2,722,771 | ~1.9814% | ~$53,949 | -12.0% |
| 2028 | ~$2,553,698 | ~$2,553,698 | ~1.9488% | ~$49,767 | -17.5% |
| 2029 | ~$2,395,125 | ~$2,395,125 | ~1.9163% | ~$45,898 | -22.6% |
| 2030 | ~$2,246,398 | ~$2,246,398 | ~1.8837% | ~$42,316 | -27.4% |
| 2026 | ~$2,940,476 | ~$2,940,476 | ~2.0465% | ~$60,176 | -5.0% |
| 2027 | ~$2,793,452 | ~$2,793,452 | ~2.0465% | ~$57,168 | -9.8% |
| 2028 | ~$2,653,780 | ~$2,653,780 | ~2.0465% | ~$54,309 | -14.3% |
| 2029 | ~$2,521,091 | ~$2,521,091 | ~2.0465% | ~$51,594 | -18.5% |
| 2030 | ~$2,395,036 | ~$2,395,036 | ~2.0465% | ~$49,014 | -22.6% |
| 2026 | ~$2,964,942 | ~$2,964,942 | ~1.9977% | ~$59,230 | -4.2% |
| 2027 | ~$2,840,130 | ~$2,840,130 | ~1.9488% | ~$55,350 | -8.2% |
| 2028 | ~$2,720,573 | ~$2,720,573 | ~1.9000% | ~$51,691 | -12.1% |
| 2029 | ~$2,606,048 | ~$2,606,048 | ~1.8512% | ~$48,243 | -15.8% |
| 2030 | ~$2,496,345 | ~$2,496,345 | ~1.8024% | ~$44,993 | -19.3% |
In 2025, this property's market value of $3,095,238 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 6× 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 | $3,095,238 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $4,420,350 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $4,000,000 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $3,871,140 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $4,000,000 | $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.