925 E 41 ST TX 78751
| Owner | PAPILY RAGHU KISHORE |
|---|---|
| Parcel ID | 0217090413 |
| Short ID | 211812 |
| Type | Real |
| Use Code | 02 Duplex |
| Valuation | Cost |
| Improvement SF | 1,750 SF |
| Land SF | 8,709 SF |
| Acres | 0.200 |
| Year Built | 1948 |
| Legal | W CEN 52.15FT OF N175FT BLK 11 OLT 20-21 DIV C PLAINVIEW HEIGHTS |
| Neighborhood | Z64005 |
| Land | $391,202 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $391,202 |
| Improvement | $114,832 |
|---|---|
| Total Improvement | $114,832 |
| Market | $506,034 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $506,034 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $506,034 |
| Taxable Value | $506,034 |
|---|
Appreciation: Market value has fallen -6.9% from $543,729 (2021) to $506,034 (2025), a CAGR of -1.8% 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 $10,356. 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 ($391,202 land vs $114,832 improvements), about $45/SF of land. With value concentrated in the land under a ~78-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 $506,034, this parcel sits in the lower-middle (25th–50th 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 -1.8% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $462,569 by 2030, with an estimated annual tax burden around $8,714. 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.
5 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 1,750 SF | ✓ |
| 095 | HVAC RESIDENTIAL | 1,750 SF | ✗ |
| 061 | CARPORT ATT 1ST | 400 SF | ✗ |
| 011 | PORCH OPEN 1ST F | 264 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% | $4,681.83 | $4,681.83 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $2,651.70 | $2,651.70 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,901.90 | $1,901.90 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $597.24 | $597.24 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $523.24 | $523.24 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $10,355.91 | $10,355.91 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $630,715 | $506,034 | +24.6% |
| Assessed Value | $607,241 | $506,034 | +20.0% |
| Land Value | $389,872 | $391,202 | -0.3% |
| Improvement Value | $240,843 | $114,832 | +109.7% |
| Taxable Value | $607,241 | $506,034 | +20.0% |
| HS Cap Loss | -$23,474 | — | |
| Total Tax 2026 = estimate |
~$12,427
Estimated
|
~$10,356
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $739,408 | $630,715 | -108,693 (-14.7%) |
| Taxable Value | $607,241 | $607,241 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $630,715 | $389,872 | $240,843 | −$23,474 | $607,241 | $607,241 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $506,034 | $391,202 | $114,832 | — | $506,034 | $506,034 | ~$10,356 | Partial |
| 2024 | $736,313 | — | — | −$351,313 | $385,000 | $— | $9,293 | Verified |
| 2023 | $818,125 | — | — | −$433,125 | $385,000 | $— | $13,322 | Verified |
| 2022 | $706,225 | — | — | −$321,225 | $385,000 | $— | $16,157 | Verified |
| 2021 | $543,729 | — | — | −$186,229 | $357,500 | $— | $15,372 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +46.1% | +20.0% | 82.1% | Not available | Partial |
| 2025 | +7.9% | +7.9% | ~100% | Not available | Partial |
| 2024 | -36.3% | -36.3% | ~100% | 1.9800% | Verified |
| 2023 | -19.0% | -19.0% | ~100% | 1.8100% | Verified |
| 2022 | +28.7% | +28.7% | ~100% | 1.7800% | Verified |
| 2021 | base year | — | ~100% | 2.8300% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -28.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +24.6% | +5.8% | -5.7% | +29.9% | 2022 | -31.3% | 2025 |
| Assessment Ratio | 96.3% | 69.3% | — | 100.0% | 2025 | 47.1% | 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 |
$10,356 | $12,900 | ~$9,353 | $16,157 | 2022 | $9,293 | 2024 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$497,026 | ~$497,026 | ~2.0139% | ~$10,010 | -1.8% |
| 2027 | ~$488,178 | ~$488,178 | ~1.9814% | ~$9,673 | -3.5% |
| 2028 | ~$479,488 | ~$479,488 | ~1.9488% | ~$9,344 | -5.2% |
| 2029 | ~$470,952 | ~$470,952 | ~1.9163% | ~$9,025 | -6.9% |
| 2030 | ~$462,569 | ~$462,569 | ~1.8837% | ~$8,714 | -8.6% |
| 2026 | ~$486,905 | ~$486,905 | ~2.0465% | ~$9,964 | -3.8% |
| 2027 | ~$468,499 | ~$468,499 | ~2.0465% | ~$9,588 | -7.4% |
| 2028 | ~$450,790 | ~$450,790 | ~2.0465% | ~$9,225 | -10.9% |
| 2029 | ~$433,749 | ~$433,749 | ~2.0465% | ~$8,877 | -14.3% |
| 2030 | ~$417,353 | ~$417,353 | ~2.0465% | ~$8,541 | -17.5% |
| 2026 | ~$507,147 | ~$507,147 | ~1.9977% | ~$10,131 | +0.2% |
| 2027 | ~$508,262 | ~$508,262 | ~1.9488% | ~$9,905 | +0.4% |
| 2028 | ~$509,379 | ~$509,379 | ~1.9000% | ~$9,678 | +0.7% |
| 2029 | ~$510,499 | ~$510,499 | ~1.8512% | ~$9,450 | +0.9% |
| 2030 | ~$511,621 | ~$511,621 | ~1.8024% | ~$9,221 | +1.1% |
In 2025, this property's market value of $506,034 places it in the 25th–50th percentile for Multi-Family properties in Travis County (12584 comparable) — -3% below 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 | $506,034 | $438,669 | $519,778 | $749,859 | ↓ Below median | -7.5% |
| 2024 | $736,313 | $467,458 | $564,615 | $848,565 | ↑ Above median | -6.3% |
| 2023 | $818,125 | $503,905 | $617,035 | $919,932 | ↑ Above median | +0.9% |
| 2022 | $706,225 | $506,618 | $615,058 | $906,429 | ↑ Above median | +39.1% |
| 2021 | $543,729 | $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.