4000 AVENUE D TX 78751
| Owner | SPENCE JOHN & CINDY AGEE |
|---|---|
| Parcel ID | 0219051114 |
| Short ID | 214733 |
| Type | Real |
| Use Code | 03 Triplex |
| Valuation | Income |
| Improvement SF | 2,620 SF |
| Land SF | 6,237 SF |
| Acres | 0.143 |
| Year Built | 1928 |
| Legal | LOT 17-18 BLK 5 HYDE PARK ADDN NO 2 |
| Neighborhood | Z65005 |
| Land | $558,197 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $558,197 |
| Improvement | $218,881 |
|---|---|
| Total Improvement | $218,881 |
| Market | $777,078 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $777,078 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $777,078 |
| Taxable Value | $777,078 |
|---|
Appreciation: Market value has risen +42.1% from $547,000 (2021) to $777,078 (2025), a CAGR of 9.2% over 4 years. This is strong appreciation — well above typical inflation. Growth has been fairly evenly spread across these years rather than concentrated in one jump. 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.
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 $15,903. 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 72% of market value ($558,197 land vs $218,881 improvements), about $89/SF of land. With value concentrated in the land under a ~98-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 $777,078, 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 +9.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,205,206 by 2030, with an estimated annual tax burden around $22,703. 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.
8 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 095 | HVAC RESIDENTIAL | 2,620 SF | ✗ |
| 2ND | 2nd Floor | 1,406 SF | ✓ |
| 1ST | 1st Floor | 1,214 SF | ✓ |
| 011 | PORCH OPEN 1ST F | 224 SF | ✗ |
| 012 | PORCH OPEN 2ND F | 32 SF | ✗ |
| 251 | BATHROOM | 3 SF | ✓ |
| 522 | FIREPLACE | 3 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% | $6,788.35 | $6,788.35 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $3,844.80 | $3,844.80 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,757.64 | $2,757.64 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $865.95 | $865.95 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $758.66 | $758.66 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $15,015.40 | $15,015.40 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $835,000 | $777,078 | +7.5% |
| Assessed Value | $835,000 | $777,078 | +7.5% |
| Land Value | $424,233 | $558,197 | -24.0% |
| Improvement Value | $410,767 | $218,881 | +87.7% |
| Taxable Value | $835,000 | $777,078 | +7.5% |
| Total Tax 2026 = estimate |
~$17,088
Estimated
|
~$15,015
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $835,000 | $835,000 | +0 (+0.0%) |
| Taxable Value | $835,000 | $835,000 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $835,000 | $424,233 | $410,767 | — | $835,000 | $835,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $777,078 | $558,197 | $218,881 | — | $777,078 | $777,078 | ~$15,015 | Partial |
| 2024 | $735,785 | — | — | −$185,785 | $550,000 | $— | $15,998 | Verified |
| 2023 | $774,316 | — | — | −$224,316 | $550,000 | $— | $13,312 | Verified |
| 2022 | $642,291 | — | — | −$92,291 | $550,000 | $— | $9,981 | Verified |
| 2021 | $547,000 | — | — | −$197,000 | $350,000 | $— | $9,708 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +7.5% | +7.5% | ~100% | Not available | Partial |
| 2025 | -3.7% | -3.7% | ~100% | Not available | Partial |
| 2024 | +9.7% | +9.7% | ~100% | 1.9800% | Verified |
| 2023 | -5.0% | +6.6% | ~100% | 1.8100% | Verified |
| 2022 | +20.6% | +12.8% | 89.1% | 1.2900% | Verified |
| 2021 | base year | — | 95.3% | 1.7700% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +21.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +7.5% | +9.2% | +7.7% | +20.6% | 2023 | -5.0% | 2024 |
| Assessment Ratio | 100.0% | 82.6% | — | 100.0% | 2025 | 64.0% | 2021 |
| Effective Tax Rate (2025) | 1.9300% | 1.9300% | — | 1.9300% | 2025 | 1.9300% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$15,015 | $12,803 | ~$19,800 | $15,998 | 2024 | $9,708 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$848,367 | ~$848,367 | ~2.0139% | ~$17,086 | +9.2% |
| 2027 | ~$926,197 | ~$926,197 | ~1.9814% | ~$18,352 | +19.2% |
| 2028 | ~$1,011,166 | ~$1,011,166 | ~1.9488% | ~$19,706 | +30.1% |
| 2029 | ~$1,103,931 | ~$1,103,931 | ~1.9163% | ~$21,155 | +42.1% |
| 2030 | ~$1,205,206 | ~$1,205,206 | ~1.8837% | ~$22,703 | +55.1% |
| 2026 | ~$832,826 | ~$832,826 | ~2.0465% | ~$17,044 | +7.2% |
| 2027 | ~$892,573 | ~$892,573 | ~2.0465% | ~$18,266 | +14.9% |
| 2028 | ~$956,606 | ~$956,606 | ~2.0465% | ~$19,577 | +23.1% |
| 2029 | ~$1,025,233 | ~$1,025,233 | ~2.0465% | ~$20,981 | +31.9% |
| 2030 | ~$1,098,784 | ~$1,098,784 | ~2.0465% | ~$22,486 | +41.4% |
| 2026 | ~$863,909 | ~$854,786 | ~1.9977% | ~$17,076 | +11.2% |
| 2027 | ~$960,442 | ~$940,264 | ~1.9488% | ~$18,324 | +23.6% |
| 2028 | ~$1,067,762 | ~$1,034,291 | ~1.9000% | ~$19,652 | +37.4% |
| 2029 | ~$1,187,074 | ~$1,137,720 | ~1.8512% | ~$21,061 | +52.8% |
| 2030 | ~$1,319,718 | ~$1,251,492 | ~1.8024% | ~$22,557 | +69.8% |
In 2025, this property's market value of $777,078 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — +50% 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 | $777,078 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $735,785 | $467,458 | $564,615 | $848,565 | ↑ Above median | -6.3% |
| 2023 | $774,316 | $503,905 | $617,035 | $919,932 | ↑ Above median | +0.9% |
| 2022 | $642,291 | $506,618 | $615,058 | $906,429 | ↑ Above median | +39.1% |
| 2021 | $547,000 | $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.