912 E 39 ST TX 78751
| Owner | STUDEBAKER A RENEE |
|---|---|
| Parcel ID | 0217090520 |
| Short ID | 211850 |
| Type | Real |
| Use Code | 02 Duplex |
| Valuation | Cost |
| Improvement SF | 1,334 SF |
| Land SF | 10,726 SF |
| Acres | 0.246 |
| Year Built | 1948 |
| Legal | W 52.8FT OF S 205.98 LOT 1 BLK 8 OLT 20-21 DIV C PLAINVIEW HEIGHTS |
| Neighborhood | Z64005 |
| Land | $327,083 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $327,083 |
| Improvement | $139,329 |
|---|---|
| Total Improvement | $139,329 |
| Market | $466,412 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $466,412 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $466,412 |
| Exemptions (−) (HS) | −$69,962 |
|---|---|
| Taxable Value | $396,450 |
Appreciation: Market value has fallen -10.3% from $519,717 (2021) to $466,412 (2025), a CAGR of -2.7% 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 $8,113. Austin ISD is the largest single contributor, at 40.1% 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 70% of market value ($327,083 land vs $139,329 improvements), about $30/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 $466,412, 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 -2.7% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $407,402 by 2030, with an estimated annual tax burden around $7,674. 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.
6 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 1,334 SF | ✓ |
| 095 | HVAC RESIDENTIAL | 1,334 SF | ✗ |
| 031 | GARAGE DET 1ST F | 240 SF | ✓ |
| 011 | PORCH OPEN 1ST F | 168 SF | ✗ |
| 631 | PORCH CLOS UNFIN | 50 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% | $3,019.96 | $3,019.96 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $2,077.47 | $2,077.47 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,490.04 | $1,490.04 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $477.10 | $477.10 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $467.90 | $467.90 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $7,532.47 | $7,532.47 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $647,030 | $466,412 | +38.7% |
| Assessed Value | $524,714 | $466,412 | +12.5% |
| Land Value | $348,198 | $327,083 | +6.5% |
| Improvement Value | $298,832 | $139,329 | +114.5% |
| Taxable Value | $447,756 | $396,450 | +12.9% |
| Exemptions | HS | HS | |
| HS Cap Loss | -$122,316 | — | |
| Total Tax 2026 = estimate |
~$9,163
Estimated
|
~$7,532
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $647,030 | $647,030 | +0 (+0.0%) |
| Taxable Value | $447,756 | $447,756 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $647,030 | $348,198 | $298,832 | −$122,316 | $524,714 | $447,756 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $466,412 | $327,083 | $139,329 | — | $466,412 | $396,450 | ~$7,532 | Partial |
| 2024 | $854,700 | — | — | −$546,700 | $308,000 | $— | $6,449 | Verified |
| 2023 | $821,148 | — | — | −$436,148 | $385,000 | $— | $6,478 | Verified |
| 2022 | $648,910 | — | — | −$263,910 | $385,000 | $— | $6,923 | Verified |
| 2021 | $519,717 | — | — | −$162,217 | $357,500 | $— | $7,040 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +38.7% | +12.5% | 81.1% | Not available | Partial |
| 2025 | +13.1% | +13.1% | ~100% | Not available | Partial |
| 2024 | -51.8% | -8.0% | ~100% | 1.5600% | Verified |
| 2023 | +4.1% | +10.0% | 52.4% | 0.7600% | Verified |
| 2022 | +26.5% | +10.0% | 49.6% | 0.8400% | Verified |
| 2021 | base year | — | 57.1% | 1.3500% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -28.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +38.7% | +9.8% | -8.1% | +38.7% | 2026 | -45.4% | 2025 |
| Assessment Ratio | 81.1% | 65.3% | — | 100.0% | 2025 | 36.0% | 2024 |
| Effective Tax Rate (2025) | 1.6200% | 1.6200% | — | 1.6200% | 2025 | 1.6200% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$7,532 | $6,884 | ~$8,395 | $7,532 | 2025 | $6,449 | 2024 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$453,963 | ~$453,963 | ~2.0139% | ~$9,143 | -2.7% |
| 2027 | ~$441,846 | ~$441,846 | ~1.9814% | ~$8,755 | -5.3% |
| 2028 | ~$430,053 | ~$430,053 | ~1.9488% | ~$8,381 | -7.8% |
| 2029 | ~$418,574 | ~$418,574 | ~1.9163% | ~$8,021 | -10.3% |
| 2030 | ~$407,402 | ~$407,402 | ~1.8837% | ~$7,674 | -12.7% |
| 2026 | ~$444,635 | ~$444,635 | ~2.0465% | ~$9,099 | -4.7% |
| 2027 | ~$423,874 | ~$423,874 | ~2.0465% | ~$8,675 | -9.1% |
| 2028 | ~$404,083 | ~$404,083 | ~2.0465% | ~$8,269 | -13.4% |
| 2029 | ~$385,216 | ~$385,216 | ~2.0465% | ~$7,883 | -17.4% |
| 2030 | ~$367,230 | ~$367,230 | ~2.0465% | ~$7,515 | -21.3% |
| 2026 | ~$463,291 | ~$463,291 | ~1.9977% | ~$9,255 | -0.7% |
| 2027 | ~$460,191 | ~$460,191 | ~1.9488% | ~$8,968 | -1.3% |
| 2028 | ~$457,112 | ~$457,112 | ~1.9000% | ~$8,685 | -2.0% |
| 2029 | ~$454,054 | ~$454,054 | ~1.8512% | ~$8,405 | -2.6% |
| 2030 | ~$451,015 | ~$451,015 | ~1.8024% | ~$8,129 | -3.3% |
In 2025, this property's market value of $466,412 places it in the 25th–50th percentile for Multi-Family properties in Travis County (12584 comparable) — -10% 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 | $466,412 | $438,669 | $519,778 | $749,859 | ↓ Below median | -7.5% |
| 2024 | $854,700 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $821,148 | $503,905 | $617,035 | $919,932 | ↑ Above median | +0.9% |
| 2022 | $648,910 | $506,618 | $615,058 | $906,429 | ↑ Above median | +39.1% |
| 2021 | $519,717 | $300,453 | $376,850 | $539,896 | ↑ Above median | 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.