4000 AVENUE C TX 78751
| Owner | MALIK KHALID & CARTER S |
|---|---|
| Parcel ID | 0219050914 |
| Short ID | 214702 |
| Type | Real |
| Use Code | 02 Duplex |
| Valuation | Cost |
| Improvement SF | 3,600 SF |
| Land SF | 8,917 SF |
| Acres | 0.205 |
| Year Built | 1946 |
| Legal | LOT 17-19 BLK 6 HYDE PARK ADDN NO 2 |
| Neighborhood | Z65005 |
| Land | $630,219 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $630,219 |
| Improvement | $193,897 |
|---|---|
| Total Improvement | $193,897 |
| Market | $824,116 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $824,116 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $824,116 |
| Exemptions (−) (HS,OV65) | −$308,043 |
|---|---|
| Taxable Value | $516,073 |
Appreciation: Market value has risen +32.9% from $620,000 (2021) to $824,116 (2025), a CAGR of 7.4% over 4 years. This represents moderate, steady growth. Most of this growth came in a single year (2021→2022), 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 $10,561. Austin ISD is the largest single contributor, at 49.2% 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 76% of market value ($630,219 land vs $193,897 improvements), about $71/SF of land. With value concentrated in the land under a ~80-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 $824,116, 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 +7.4% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,176,208 by 2030, with an estimated annual tax burden around $22,157. 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.
7 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 2,697 SF | ✓ |
| 095 | HVAC RESIDENTIAL | 2,273 SF | ✗ |
| 2ND | 2nd Floor | 903 SF | ✓ |
| 041 | GARAGE ATT 1ST F | 441 SF | ✓ |
| 512 | DECK UNCOVRED | 165 SF | ✗ |
| 011 | PORCH OPEN 1ST F | 128 SF | ✗ |
| 251 | BATHROOM | 4 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% | $5,543.02 | $5,543.02 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $2,448.69 | $2,448.69 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,939.63 | $1,939.63 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $766.06 | $766.06 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $559.54 | $559.54 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $11,256.94 | $11,256.94 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $917,843 | $824,116 | +11.4% |
| Assessed Value | $906,528 | $824,116 | +10.0% |
| Land Value | $493,133 | $630,219 | -21.8% |
| Improvement Value | $424,710 | $193,897 | +119.0% |
| Taxable Value | $579,953 | $516,073 | +12.4% |
| Exemptions | HS,OV65 | HS,OV65 | |
| HS Cap Loss | -$11,315 | — | |
| Total Tax 2026 = estimate |
~$11,869
Estimated
|
~$11,257
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,076,018 | $917,843 | -158,175 (-14.7%) |
| Taxable Value | $582,002 | $579,953 | -2,049 (-0.4%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $917,843 | $493,133 | $424,710 | −$11,315 | $906,528 | $579,953 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $824,116 | $630,219 | $193,897 | — | $824,116 | $516,073 | ~$11,257 | Partial |
| 2024 | $916,572 | — | — | −$311,572 | $605,000 | $— | $15,348 | Verified |
| 2023 | $913,209 | — | — | −$308,209 | $605,000 | $— | $12,807 | Verified |
| 2022 | $794,568 | — | — | −$189,568 | $605,000 | $— | $18,035 | Verified |
| 2021 | $620,000 | — | — | −$235,000 | $385,000 | $— | $17,295 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +30.6% | +10.0% | 84.2% | Not available | Partial |
| 2025 | -18.2% | -18.2% | ~100% | Not available | Partial |
| 2024 | +9.9% | +9.9% | ~100% | 1.5200% | Verified |
| 2023 | -18.5% | -18.5% | ~100% | 1.4000% | Verified |
| 2022 | +41.5% | +41.5% | ~100% | 1.6000% | Verified |
| 2021 | base year | — | ~100% | 2.7900% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +3.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +11.4% | +9.0% | +5.2% | +28.2% | 2022 | -10.1% | 2025 |
| Assessment Ratio | 98.8% | 78.2% | — | 100.0% | 2025 | 62.1% | 2021 |
| Effective Tax Rate (2025) | 1.3700% | 1.3700% | — | 1.3700% | 2025 | 1.3700% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$11,257 | $14,948 | ~$19,936 | $18,035 | 2022 | $11,257 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$884,886 | ~$884,886 | ~2.0139% | ~$17,821 | +7.4% |
| 2027 | ~$950,138 | ~$950,138 | ~1.9814% | ~$18,826 | +15.3% |
| 2028 | ~$1,020,201 | ~$1,020,201 | ~1.9488% | ~$19,882 | +23.8% |
| 2029 | ~$1,095,431 | ~$1,095,431 | ~1.9163% | ~$20,992 | +32.9% |
| 2030 | ~$1,176,208 | ~$1,176,208 | ~1.8837% | ~$22,157 | +42.7% |
| 2026 | ~$868,404 | ~$868,404 | ~2.0465% | ~$17,772 | +5.4% |
| 2027 | ~$915,072 | ~$915,072 | ~2.0465% | ~$18,727 | +11.0% |
| 2028 | ~$964,248 | ~$964,248 | ~2.0465% | ~$19,733 | +17.0% |
| 2029 | ~$1,016,067 | ~$1,016,067 | ~2.0465% | ~$20,794 | +23.3% |
| 2030 | ~$1,070,671 | ~$1,070,671 | ~2.0465% | ~$21,911 | +29.9% |
| 2026 | ~$901,369 | ~$901,369 | ~1.9977% | ~$18,006 | +9.4% |
| 2027 | ~$985,863 | ~$985,863 | ~1.9488% | ~$19,213 | +19.6% |
| 2028 | ~$1,078,278 | ~$1,078,278 | ~1.9000% | ~$20,487 | +30.8% |
| 2029 | ~$1,179,356 | ~$1,179,356 | ~1.8512% | ~$21,832 | +43.1% |
| 2030 | ~$1,289,909 | ~$1,289,909 | ~1.8024% | ~$23,249 | +56.5% |
In 2025, this property's market value of $824,116 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — +59% above 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 | $824,116 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $916,572 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $913,209 | $503,905 | $617,035 | $919,932 | ↑ Above median | +0.9% |
| 2022 | $794,568 | $506,618 | $615,058 | $906,429 | ↑ Above median | +39.1% |
| 2021 | $620,000 | $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.