406 W 40 ST TX 78751
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| What this property is worth | $954,434 | $814,132 | -140,302 (-14.7%) |
| What this property will be taxed on | $910,913 | $814,132 | -96,781 (-10.6%) |
| Taxing Entity | Taxable Value | 2025 Rate | Paid | Share |
|---|---|---|---|---|
| Austin ISD | $759,094 | 0.9252% | $7,023 | 45.2% |
| City of Austin | $759,094 | 0.5240% | $3,978 | 25.6% |
| Travis County | $759,094 | 0.3758% | $2,853 | 18.4% |
| Travis Central Health | $759,094 | 0.1180% | $896 | 5.8% |
| Austin Community College | $759,094 | 0.1034% | $785 | 5.1% |
| Total | — | 2.0465% | $15,535 | 100% |
No exemptions are currently applied. This parcel is classified Multi-Family, so the homestead exemption (which requires an owner-occupied primary residence) doesn't apply here.
Here's how this property's value has changed over the past 6 years.
| Year | Combined Tax Rate | Taxes Paid |
|---|---|---|
| 2025 | 2.0465% | ~$15,535 Partial |
| 2024 | 1.9818% | $16,456 Verified |
| 2023 | 1.8092% | $13,918 Verified |
| 2022 | 1.9749% | $13,007 Verified |
| 2021 | 2.1767% | $15,259 Verified |
This property's value is higher than the typical Multi-Family property in Travis County (county median: $519,778).
Because property taxes are based on value, the tax bill is likely higher than similar properties.
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.