401 W 39 ST TX 78751
| Owner | FENTON DUET LLC |
|---|---|
| Parcel ID | 0219050213 |
| Short ID | 214624 |
| Type | Real |
| Use Code | 06 Apartment 26–49 Units |
| Valuation | Income |
| Improvement SF | 17,820 SF |
| Land SF | 23,560 SF |
| Acres | 0.541 |
| Year Built | 1967 |
| Legal | LOT 20-24 BLK 14 *LESS E10FT HYDE PARK ADDN NO 2 |
| Neighborhood | 06WC2 |
| Land | $1,413,600 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,413,600 |
| Improvement | $3,283,977 |
|---|---|
| Total Improvement | $3,283,977 |
| Market | $4,697,577 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $4,697,577 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $4,697,577 |
| Taxable Value | $4,697,577 |
|---|
Appreciation: Market value has risen +20.2% from $3,906,908 (2021) to $4,697,577 (2025), a CAGR of 4.7% over 4 years. This represents moderate, steady growth. 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 $96,135. 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 30% of market value ($1,413,600 land vs $3,283,977 improvements), about $60/SF of land. Most value sits in the improvements, so building condition, age (~59 yrs), and rent roll drive the underwriting.
Submarket Position: At $4,697,577, 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 +4.7% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $5,914,592 by 2030, with an estimated annual tax burden around $111,416. 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.
11 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 8,910 SF | ✓ |
| 2ND | 2nd Floor | 8,910 SF | ✓ |
| 551 | PAVED AREA | 6,920 SF | ✗ |
| 591 | MASONRY TRIM SF | 6,000 SF | ✗ |
| 012C | PORCH OPEN 2 COMM | 1,280 SF | ✗ |
| 011C | PORCH OPEN 1ST COMM | 1,100 SF | ✗ |
| 601 | POOL COMM'L | 434 SF | ✗ |
| 581C | STORAGE ATT COMM | 180 SF | ✓ |
| SO | Sketch Only | 88 SF | ✗ |
| 132 | PLBG 5-FIXT AVG | 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% | $43,461.98 | $43,461.98 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $24,616.10 | $24,616.10 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $17,655.61 | $17,655.61 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $5,544.22 | $5,544.22 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $4,857.29 | $4,857.29 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $96,135.20 | $96,135.20 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $4,936,437 | $4,697,577 | +5.1% |
| Assessed Value | $4,936,437 | $4,697,577 | +5.1% |
| Land Value | $1,413,600 | $1,413,600 | +0.0% |
| Improvement Value | $3,522,837 | $3,283,977 | +7.3% |
| Taxable Value | $4,936,437 | $4,697,577 | +5.1% |
| Total Tax 2026 = estimate |
~$101,023
Estimated
|
~$96,135
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $5,252,950 | $4,936,437 | -316,513 (-6.0%) |
| Taxable Value | $5,252,950 | $4,936,437 | -316,513 (-6.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $4,936,437 | $1,413,600 | $3,522,837 | — | $4,936,437 | $4,936,437 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $4,697,577 | $1,413,600 | $3,283,977 | — | $4,697,577 | $4,697,577 | ~$96,135 | Partial |
| 2024 | $4,085,000 | — | — | −$2,671,400 | $1,413,600 | $— | $94,400 | Verified |
| 2023 | $3,938,608 | — | — | −$2,525,008 | $1,413,600 | $— | $74,185 | Verified |
| 2022 | $3,938,608 | — | — | −$2,525,008 | $1,413,600 | $— | $77,784 | Verified |
| 2021 | $3,906,908 | — | — | −$2,493,308 | $1,413,600 | $— | $85,731 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +11.8% | +11.8% | ~100% | Not available | Partial |
| 2025 | -6.2% | -6.2% | ~100% | Not available | Partial |
| 2024 | +14.8% | +14.8% | ~100% | 1.8800% | Verified |
| 2023 | +10.8% | +10.8% | ~100% | 1.7000% | Verified |
| 2022 | +0.0% | +0.0% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1900% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +19.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +5.1% | +4.9% | +3.7% | +15.0% | 2025 | +0.0% | 2023 |
| Assessment Ratio | 100.0% | 57.1% | — | 100.0% | 2025 | 34.6% | 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 |
$96,135 | $85,647 | ~$105,180 | $96,135 | 2025 | $74,185 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$4,919,082 | ~$4,919,082 | ~2.0139% | ~$99,067 | +4.7% |
| 2027 | ~$5,151,032 | ~$5,151,032 | ~1.9814% | ~$102,062 | +9.7% |
| 2028 | ~$5,393,919 | ~$5,393,919 | ~1.9488% | ~$105,119 | +14.8% |
| 2029 | ~$5,648,259 | ~$5,648,259 | ~1.9163% | ~$108,237 | +20.2% |
| 2030 | ~$5,914,592 | ~$5,914,592 | ~1.8837% | ~$111,416 | +25.9% |
| 2026 | ~$4,825,131 | ~$4,825,131 | ~2.0465% | ~$98,746 | +2.7% |
| 2027 | ~$4,956,148 | ~$4,956,148 | ~2.0465% | ~$101,427 | +5.5% |
| 2028 | ~$5,090,723 | ~$5,090,723 | ~2.0465% | ~$104,181 | +8.4% |
| 2029 | ~$5,228,952 | ~$5,228,952 | ~2.0465% | ~$107,010 | +11.3% |
| 2030 | ~$5,370,934 | ~$5,370,934 | ~2.0465% | ~$109,915 | +14.3% |
| 2026 | ~$5,013,034 | ~$5,013,034 | ~1.9977% | ~$100,143 | +6.7% |
| 2027 | ~$5,349,675 | ~$5,349,675 | ~1.9488% | ~$104,257 | +13.9% |
| 2028 | ~$5,708,922 | ~$5,708,922 | ~1.9000% | ~$108,470 | +21.5% |
| 2029 | ~$6,092,294 | ~$6,092,294 | ~1.8512% | ~$112,780 | +29.7% |
| 2030 | ~$6,501,410 | ~$6,501,410 | ~1.8024% | ~$117,180 | +38.4% |
In 2025, this property's market value of $4,697,577 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 9× 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 | $4,697,577 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $4,085,000 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $3,938,608 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $3,938,608 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $3,906,908 | $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.