920 E 40 ST TX 78751
| Owner | HYDE PARK PORTFOLIO 1 LLC |
|---|---|
| Parcel ID | 0217090444 |
| Short ID | 211828 |
| Type | Real |
| Use Code | 06 Apartment 26–49 Units |
| Valuation | Income |
| Improvement SF | 18,057 SF |
| Land SF | 23,443 SF |
| Acres | 0.538 |
| Year Built | 1966 |
| Legal | LOT 2 OLT 20-21 DIV C DURE LEN C SUBD |
| Neighborhood | 06WC2 |
| Land | $1,172,150 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,172,150 |
| Improvement | $3,134,669 |
|---|---|
| Total Improvement | $3,134,669 |
| Market | $4,306,819 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $4,306,819 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $4,306,819 |
| Taxable Value | $4,306,819 |
|---|
Appreciation: Market value has risen +15.8% from $3,718,412 (2021) to $4,306,819 (2025), a CAGR of 3.7% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2023→2024), 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 $88,138. 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 27% of market value ($1,172,150 land vs $3,134,669 improvements), about $50/SF of land. Most value sits in the improvements, so building condition, age (~60 yrs), and rent roll drive the underwriting.
Submarket Position: At $4,306,819, 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 +3.7% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $5,174,942 by 2030, with an estimated annual tax burden around $97,483. 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.
18 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 12,750 SF | ✗ |
| 2ND | 2nd Floor | 6,955 SF | ✓ |
| 1ST | 1st Floor | 6,099 SF | ✓ |
| 3RD | 3rd Floor | 5,003 SF | ✓ |
| 591 | MASONRY TRIM SF | 4,500 SF | ✗ |
| 011C | PORCH OPEN 1ST COMM | 1,427 SF | ✗ |
| 012C | PORCH OPEN 2 COMM | 1,140 SF | ✗ |
| 013C | PORCH OPEN 3 COMM | 1,140 SF | ✗ |
| 061C | CARPORT ATT 1ST COMM | 569 SF | ✗ |
| SO | Sketch Only | 569 SF | ✗ |
| 601 | POOL COMM'L | 290 SF | ✗ |
| 132 | PLBG 5-FIXT AVG | 1 SF | ✓ |
| 142 | BATHTUB AVG | 1 SF | ✓ |
| 152 | COMMODE AVG | 1 SF | ✓ |
| 162 | LAVATORY AVG | 1 SF | ✓ |
| 172 | SHOWER STALL AVG | 1 SF | ✓ |
| 413 | STAIRWAY EXT | 1 SF | ✓ |
| 531 | OBS FENCE | 1 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% | $39,846.69 | $39,846.69 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $22,568.46 | $22,568.46 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $16,186.96 | $16,186.96 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $5,083.04 | $5,083.04 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $4,453.25 | $4,453.25 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $88,138.40 | $88,138.40 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $3,878,178 | $4,306,819 | -10.0% |
| Assessed Value | $3,878,178 | $4,306,819 | -10.0% |
| Land Value | $1,172,150 | $1,172,150 | +0.0% |
| Improvement Value | $2,706,028 | $3,134,669 | -13.7% |
| Taxable Value | $3,878,178 | $4,306,819 | -10.0% |
| Total Tax 2026 = estimate |
~$79,366
Estimated
|
~$88,138
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $5,597,670 | $3,878,178 | -1,719,492 (-30.7%) |
| Taxable Value | $5,168,183 | $3,878,178 | -1,290,005 (-25.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $3,878,178 | $1,172,150 | $2,706,028 | — | $3,878,178 | $3,878,178 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $4,306,819 | $1,172,150 | $3,134,669 | — | $4,306,819 | $4,306,819 | ~$88,138 | Partial |
| 2024 | $4,423,965 | — | — | −$3,251,815 | $1,172,150 | $— | $100,915 | Verified |
| 2023 | $3,988,917 | — | — | −$2,816,767 | $1,172,150 | $— | $80,040 | Verified |
| 2022 | $3,718,412 | — | — | −$2,546,262 | $1,172,150 | $— | $78,778 | Verified |
| 2021 | $3,718,412 | — | — | −$2,546,262 | $1,172,150 | $— | $75,377 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +30.0% | +20.0% | 92.3% | Not available | Partial |
| 2025 | -15.4% | -15.4% | ~100% | Not available | Partial |
| 2024 | +15.1% | +15.1% | ~100% | 1.9800% | Verified |
| 2023 | +10.9% | +10.9% | ~100% | 1.8100% | Verified |
| 2022 | +7.3% | +7.3% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.0300% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +15.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -10.0% | +1.1% | +6.0% | +10.9% | 2024 | -10.0% | 2026 |
| Assessment Ratio | 100.0% | 53.1% | — | 100.0% | 2025 | 26.5% | 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 |
$88,138 | $84,650 | ~$93,721 | $100,915 | 2024 | $75,377 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$4,467,930 | ~$4,467,930 | ~2.0139% | ~$89,981 | +3.7% |
| 2027 | ~$4,635,069 | ~$4,635,069 | ~1.9814% | ~$91,839 | +7.6% |
| 2028 | ~$4,808,459 | ~$4,808,459 | ~1.9488% | ~$93,709 | +11.6% |
| 2029 | ~$4,988,336 | ~$4,988,336 | ~1.9163% | ~$95,591 | +15.8% |
| 2030 | ~$5,174,942 | ~$5,174,942 | ~1.8837% | ~$97,483 | +20.2% |
| 2026 | ~$4,381,794 | ~$4,381,794 | ~2.0465% | ~$89,673 | +1.7% |
| 2027 | ~$4,458,074 | ~$4,458,074 | ~2.0465% | ~$91,234 | +3.5% |
| 2028 | ~$4,535,682 | ~$4,535,682 | ~2.0465% | ~$92,822 | +5.3% |
| 2029 | ~$4,614,642 | ~$4,614,642 | ~2.0465% | ~$94,438 | +7.1% |
| 2030 | ~$4,694,975 | ~$4,694,975 | ~2.0465% | ~$96,082 | +9.0% |
| 2026 | ~$4,554,067 | ~$4,554,067 | ~1.9977% | ~$90,975 | +5.7% |
| 2027 | ~$4,815,509 | ~$4,815,509 | ~1.9488% | ~$93,847 | +11.8% |
| 2028 | ~$5,091,960 | ~$5,091,960 | ~1.9000% | ~$96,748 | +18.2% |
| 2029 | ~$5,384,281 | ~$5,384,281 | ~1.8512% | ~$99,673 | +25.0% |
| 2030 | ~$5,693,384 | ~$5,693,384 | ~1.8024% | ~$102,616 | +32.2% |
In 2025, this property's market value of $4,306,819 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 8× 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 | $4,306,819 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $4,423,965 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $3,988,917 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $3,718,412 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $3,718,412 | $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.