4411 AIRPORT BLVD TX 78722
| Owner | 4411 AIRPORT LLC |
|---|---|
| Parcel ID | 0218110101 |
| Short ID | 213390 |
| Type | Real |
| Use Code | 07 Apartment 50–100 Units |
| Valuation | Income |
| Improvement SF | 73,260 SF |
| Land SF | 119,920 SF |
| Acres | 2.753 |
| Year Built | 1963 |
| Legal | ABS 346 SUR 9 HAWKINS T ACR 2.753 |
| Neighborhood | 08EC1 |
| Land | $11,992,000 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $11,992,000 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $10,500,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $10,500,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $10,500,000 |
| Taxable Value | $10,500,000 |
|---|
Appreciation: Market value has fallen -2.2% from $10,735,000 (2021) to $10,500,000 (2025), a CAGR of -0.6% 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 $214,881. 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 114% of market value ($11,992,000 land vs $0 improvements), about $100/SF of land. With value concentrated in the land under a ~63-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 $10,500,000, 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 -0.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $10,213,471 by 2030, with an estimated annual tax burden around $192,395. 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.
17 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| SO | Sketch Only | 122,822 SF | ✗ |
| 2ND | 2nd Floor | 37,110 SF | ✓ |
| 1ST | 1st Floor | 36,150 SF | ✓ |
| 551 | PAVED AREA | 33,544 SF | ✗ |
| 012C | PORCH OPEN 2 COMM | 6,162 SF | ✗ |
| 591 | MASONRY TRIM SF | 4,550 SF | ✗ |
| 581C | STORAGE ATT COMM | 1,505 SF | ✓ |
| 601 | POOL COMM'L | 1,300 SF | ✗ |
| 011C | PORCH OPEN 1ST COMM | 563 SF | ✗ |
| 435 | FENCE IRON LF | 105 SF | ✗ |
| MISC | Miscellaneous | 13 SF | ✓ |
| 131 | PLBG 5-FIXT INF | 1 SF | ✓ |
| 141 | BATHTUB INF | 1 SF | ✓ |
| 151 | COMMODE INF | 1 SF | ✓ |
| 161 | LAVATORY INF | 1 SF | ✓ |
| 201 | OBS DISHWASHER | 1 SF | ✓ |
| 413 | STAIRWAY EXT | 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% | $97,146.00 | $97,146.00 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $55,021.79 | $55,021.79 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $39,463.73 | $39,463.73 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $12,392.42 | $12,392.42 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $10,857.00 | $10,857.00 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $214,880.94 | $214,880.94 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $10,500,000 | $10,500,000 | +0.0% |
| Assessed Value | $10,500,000 | $10,500,000 | +0.0% |
| Land Value | $11,992,000 | $11,992,000 | +0.0% |
| Improvement Value | — | — | — |
| Taxable Value | $10,500,000 | $10,500,000 | +0.0% |
| Total Tax 2026 = estimate |
~$214,881
Estimated
|
~$214,881
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $13,141,765 | $10,500,000 | -2,641,765 (-20.1%) |
| Taxable Value | $13,141,765 | $10,500,000 | -2,641,765 (-20.1%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $10,500,000 | $11,992,000 | — | — | $10,500,000 | $10,500,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $10,500,000 | $11,992,000 | — | — | $10,500,000 | $10,500,000 | ~$214,881 | Partial |
| 2024 | $12,400,000 | — | — | −$408,000 | $11,992,000 | $— | $223,967 | Verified |
| 2023 | $12,330,000 | — | — | −$338,000 | $11,992,000 | $— | $224,919 | Verified |
| 2022 | $10,750,000 | — | — | −$4,754,000 | $5,996,000 | $— | $243,508 | Verified |
| 2021 | $10,735,000 | — | — | −$5,938,200 | $4,796,800 | $— | $234,559 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +25.2% | +25.2% | ~100% | Not available | Partial |
| 2025 | -14.3% | -14.3% | ~100% | Not available | Partial |
| 2024 | -16.5% | -16.5% | ~100% | 1.8300% | Verified |
| 2023 | +19.0% | +19.0% | ~100% | 1.5300% | Verified |
| 2022 | +9.2% | +9.2% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1900% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -7.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +0.0% | -0.6% | +14.7% | 2023 | -15.3% | 2025 |
| Assessment Ratio | 100.0% | 82.4% | — | 100.0% | 2025 | 44.7% | 2021 |
| 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 |
$214,881 | $228,367 | ~$201,302 | $243,508 | 2022 | $214,881 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$10,442,058 | ~$10,442,058 | ~2.0139% | ~$210,296 | -0.6% |
| 2027 | ~$10,384,436 | ~$10,384,436 | ~1.9814% | ~$205,756 | -1.1% |
| 2028 | ~$10,327,132 | ~$10,327,132 | ~1.9488% | ~$201,259 | -1.6% |
| 2029 | ~$10,270,144 | ~$10,270,144 | ~1.9163% | ~$196,806 | -2.2% |
| 2030 | ~$10,213,471 | ~$10,213,471 | ~1.8837% | ~$192,395 | -2.7% |
| 2026 | ~$10,232,058 | ~$10,232,058 | ~2.0465% | ~$209,398 | -2.6% |
| 2027 | ~$9,970,954 | ~$9,970,954 | ~2.0465% | ~$204,054 | -5.0% |
| 2028 | ~$9,716,513 | ~$9,716,513 | ~2.0465% | ~$198,847 | -7.5% |
| 2029 | ~$9,468,564 | ~$9,468,564 | ~2.0465% | ~$193,773 | -9.8% |
| 2030 | ~$9,226,943 | ~$9,226,943 | ~2.0465% | ~$188,828 | -12.1% |
| 2026 | ~$10,652,058 | ~$10,652,058 | ~1.9977% | ~$212,792 | +1.4% |
| 2027 | ~$10,806,319 | ~$10,806,319 | ~1.9488% | ~$210,598 | +2.9% |
| 2028 | ~$10,962,813 | ~$10,962,813 | ~1.9000% | ~$208,295 | +4.4% |
| 2029 | ~$11,121,573 | ~$11,121,573 | ~1.8512% | ~$205,882 | +5.9% |
| 2030 | ~$11,282,633 | ~$11,282,633 | ~1.8024% | ~$203,355 | +7.5% |
In 2025, this property's market value of $10,500,000 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 20× 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 | $10,500,000 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $12,400,000 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $12,330,000 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $10,750,000 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $10,735,000 | $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.