4000 AVENUE A TX 78751
| Owner | AHFC VILLA DEL REY |
|---|---|
| Parcel ID | 0219050418 |
| Short ID | 214643 |
| Type | Real |
| Use Code | 06 Apartment 26–49 Units |
| Valuation | Income |
| Improvement SF | 13,260 SF |
| Land SF | 15,625 SF |
| Acres | 0.359 |
| Year Built | 1971 |
| Legal | LOT 17-21 BLK 8 HYDE PARK ADDN NO 2 |
| Neighborhood | 06WC2 |
| Land | $937,500 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $937,500 |
| Improvement | $4,392,500 |
|---|---|
| Total Improvement | $4,392,500 |
| Market | $5,330,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $5,330,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $5,330,000 |
| Taxable Value | $5,330,000 |
|---|
Appreciation: Market value has risen +60.8% from $3,315,000 (2021) to $5,330,000 (2025), a CAGR of 12.6% over 4 years. This is strong appreciation — well above typical inflation. 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 outpaced the broader multi-family market over the same period.
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 18% of market value ($937,500 land vs $4,392,500 improvements), about $60/SF of land. Most value sits in the improvements, so building condition, age (~55 yrs), and rent roll drive the underwriting.
Submarket Position: At $5,330,000, 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 +12.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $9,650,100 by 2030, with an estimated annual tax burden around $0. 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.
12 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 8,800 SF | ✗ |
| 591 | MASONRY TRIM SF | 5,500 SF | ✗ |
| 1ST | 1st Floor | 4,504 SF | ✓ |
| 2ND | 2nd Floor | 4,378 SF | ✓ |
| 3RD | 3rd Floor | 4,378 SF | ✓ |
| 012C | PORCH OPEN 2 COMM | 1,168 SF | ✗ |
| 013C | PORCH OPEN 3 COMM | 1,168 SF | ✗ |
| 011C | PORCH OPEN 1ST COMM | 1,152 SF | ✗ |
| 581C | STORAGE ATT COMM | 220 SF | ✓ |
| 132 | PLBG 5-FIXT 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.
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $5,200,000 | $5,330,000 | -2.4% |
| Assessed Value | $5,200,000 | $5,330,000 | -2.4% |
| Land Value | $937,500 | $937,500 | +0.0% |
| Improvement Value | $4,262,500 | $4,392,500 | -3.0% |
| Taxable Value | — | — | — |
| Exemptions | — | E | |
| Total Tax | Pending certification | — | |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $5,200,000 | $5,200,000 | +0 (+0.0%) |
| Taxable Value | — | — | — |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $5,200,000 | $937,500 | $4,262,500 | — | $5,200,000 | $— | Not yet — post-cert | Certified — no billing yet |
| 2025 | $5,330,000 | $937,500 | $4,392,500 | — | $5,330,000 | $— | not in county billing file ⓘ | Partial |
| 2024 | $3,705,000 | — | — | — | — | $— | not in county billing file ⓘ | Partial |
| 2023 | $3,380,000 | — | — | −$2,442,500 | $937,500 | $— | $28,310 | Verified |
| 2022 | $3,400,000 | — | — | −$2,462,500 | $937,500 | $— | $66,752 | Verified |
| 2021 | $3,315,000 | — | — | −$2,377,500 | $937,500 | $— | $74,007 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -2.4% | -2.4% | ~100% | Not available | Partial |
| 2025 | +7.9% | +7.9% | ~100% | Not available | Partial |
| 2024 | +33.3% | +33.3% | ~100% | No billing data | Verified |
| 2023 | +9.6% | +9.6% | ~100% | 0.7600% | Verified |
| 2022 | -0.6% | -0.6% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.2300% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +56.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -2.4% | +10.6% | +13.2% | +43.9% | 2025 | -2.4% | 2026 |
| Assessment Ratio | 100.0% | 56.7% | — | 100.0% | 2025 | 27.6% | 2022 |
|
Effective Tax Rate (2025)
⚑ Billing data available for 2025 only |
— | — | — | — | — | — | — |
| Tax Amount | $28,310 | $56,357 | — | $74,007 | 2021 | $28,310 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$6,001,891 | ~$5,863,000 | ~0.0000% | ~$0 | +12.6% |
| 2027 | ~$6,758,480 | ~$6,449,300 | ~0.0000% | ~$0 | +26.8% |
| 2028 | ~$7,610,444 | ~$7,094,230 | ~0.0000% | ~$0 | +42.8% |
| 2029 | ~$8,569,804 | ~$7,803,653 | ~0.0000% | ~$0 | +60.8% |
| 2030 | ~$9,650,100 | ~$8,584,018 | ~0.0000% | ~$0 | +81.1% |
| 2026 | ~$5,895,291 | ~$5,863,000 | ~0.0000% | ~$0 | +10.6% |
| 2027 | ~$6,520,537 | ~$6,449,300 | ~0.0000% | ~$0 | +22.3% |
| 2028 | ~$7,212,094 | ~$7,094,230 | ~0.0000% | ~$0 | +35.3% |
| 2029 | ~$7,976,998 | ~$7,803,653 | ~0.0000% | ~$0 | +49.7% |
| 2030 | ~$8,823,025 | ~$8,584,018 | ~0.0000% | ~$0 | +65.5% |
| 2026 | ~$6,108,491 | ~$5,863,000 | ~0.0000% | ~$0 | +14.6% |
| 2027 | ~$7,000,688 | ~$6,449,300 | ~0.0000% | ~$0 | +31.3% |
| 2028 | ~$8,023,197 | ~$7,094,230 | ~0.0000% | ~$0 | +50.5% |
| 2029 | ~$9,195,053 | ~$7,803,653 | ~0.0000% | ~$0 | +72.5% |
| 2030 | ~$10,538,067 | ~$8,584,018 | ~0.0000% | ~$0 | +97.7% |
In 2025, this property's market value of $5,330,000 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 10× 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 | $5,330,000 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $3,705,000 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $3,380,000 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $3,400,000 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $3,315,000 | $300,453 | $376,850 | $539,896 | ↑ Top 25% | base yr |