610 E 42 ST TX 78751
| Owner | HENDERSON FAMILY TRUST |
|---|---|
| Parcel ID | 0219080228 |
| Short ID | 214887 |
| Type | Real |
| Use Code | 02 Duplex |
| Valuation | Cost |
| Improvement SF | 1,868 SF |
| Land SF | 7,387 SF |
| Acres | 0.170 |
| Year Built | 1946 |
| Legal | 58 X 130FT OLT 14 DIVISION C |
| Neighborhood | Z64005 |
| Land | $374,264 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $374,264 |
| Improvement | $89,712 |
|---|---|
| Total Improvement | $89,712 |
| Market | $463,976 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $463,976 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $463,976 |
| Taxable Value | $463,976 |
|---|
Appreciation: Market value has fallen -6.0% from $493,827 (2021) to $463,976 (2025), a CAGR of -1.5% over 4 years. Growth has been relatively flat for this asset class. 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 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 $9,495. 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 cost approach, tied more to replacement cost and physical condition than to income performance.
Value Composition: Land carries 81% of market value ($374,264 land vs $89,712 improvements), about $51/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 $463,976, this parcel sits in the lower-middle (25th–50th 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 -1.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $429,187 by 2030, with an estimated annual tax burden around $8,085. 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 |
|---|---|---|---|
| 095 | HVAC RESIDENTIAL | 1,868 SF | ✗ |
| 1ST | 1st Floor | 1,088 SF | ✓ |
| FBSMT | Finished Basement | 780 SF | ✓ |
| 031 | GARAGE DET 1ST F | 400 SF | ✓ |
| 581 | STORAGE ATT | 200 SF | ✓ |
| 011 | PORCH OPEN 1ST F | 142 SF | ✗ |
| 251 | BATHROOM | 2 SF | ✓ |
Market value changed by 80% in 2026, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| 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% | $4,292.71 | $4,292.71 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $2,431.31 | $2,431.31 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,743.83 | $1,743.83 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $547.60 | $547.60 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $479.75 | $479.75 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $9,495.20 | $9,495.20 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $690,950 | $463,976 | +48.9% |
| Assessed Value | $556,771 | $463,976 | +20.0% |
| Land Value | $528,382 | $374,264 | +41.2% |
| Improvement Value | $162,568 | $89,712 | +81.2% |
| Taxable Value | $556,771 | $463,976 | +20.0% |
| HS Cap Loss | -$134,179 | — | |
| Total Tax 2026 = estimate |
~$11,394
Estimated
|
~$9,495
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $836,331 | $690,950 | -145,381 (-17.4%) |
| Taxable Value | $556,771 | $556,771 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $690,950 | $528,382 | $162,568 | −$134,179 | $556,771 | $556,771 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $463,976 | $374,264 | $89,712 | — | $463,976 | $463,976 | ~$9,495 | Partial |
| 2024 | $562,261 | — | — | −$212,261 | $350,000 | $— | $7,732 | Verified |
| 2023 | $630,125 | — | — | −$280,125 | $350,000 | $— | $10,173 | Verified |
| 2022 | $576,500 | — | — | −$226,500 | $350,000 | $— | $12,444 | Verified |
| 2021 | $493,827 | — | — | −$168,827 | $325,000 | $— | $12,549 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +80.3% ! | +20.0% | 66.6% | Not available | Partial |
| 2025 | +18.9% | +18.9% | ~100% | Not available | Partial |
| 2024 | -30.6% | -30.6% | ~100% | 1.9800% | Verified |
| 2023 | -10.8% | -10.8% | ~100% | 1.8100% | Verified |
| 2022 | -3.4% | -3.4% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.5400% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -28.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +48.9% | +9.3% | -8.0% | +48.9% | 2026 | -17.5% | 2025 |
| Assessment Ratio | 80.6% | 70.8% | — | 100.0% | 2025 | 55.5% | 2023 |
| 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 |
$9,495 | $10,479 | ~$8,636 | $12,549 | 2021 | $7,732 | 2024 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$456,800 | ~$456,800 | ~2.0139% | ~$9,200 | -1.5% |
| 2027 | ~$449,734 | ~$449,734 | ~1.9814% | ~$8,911 | -3.1% |
| 2028 | ~$442,778 | ~$442,778 | ~1.9488% | ~$8,629 | -4.6% |
| 2029 | ~$435,929 | ~$435,929 | ~1.9163% | ~$8,354 | -6.0% |
| 2030 | ~$429,187 | ~$429,187 | ~1.8837% | ~$8,085 | -7.5% |
| 2026 | ~$447,520 | ~$447,520 | ~2.0465% | ~$9,158 | -3.5% |
| 2027 | ~$431,648 | ~$431,648 | ~2.0465% | ~$8,834 | -7.0% |
| 2028 | ~$416,338 | ~$416,338 | ~2.0465% | ~$8,520 | -10.3% |
| 2029 | ~$401,572 | ~$401,572 | ~2.0465% | ~$8,218 | -13.4% |
| 2030 | ~$387,329 | ~$387,329 | ~2.0465% | ~$7,927 | -16.5% |
| 2026 | ~$466,079 | ~$466,079 | ~1.9977% | ~$9,311 | +0.5% |
| 2027 | ~$468,192 | ~$468,192 | ~1.9488% | ~$9,124 | +0.9% |
| 2028 | ~$470,314 | ~$470,314 | ~1.9000% | ~$8,936 | +1.4% |
| 2029 | ~$472,446 | ~$472,446 | ~1.8512% | ~$8,746 | +1.8% |
| 2030 | ~$474,587 | ~$474,587 | ~1.8024% | ~$8,554 | +2.3% |
In 2025, this property's market value of $463,976 places it in the 25th–50th percentile for Multi-Family properties in Travis County (12584 comparable) — -11% below 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 | $463,976 | $438,669 | $519,778 | $749,859 | ↓ Below median | -7.5% |
| 2024 | $562,261 | $467,458 | $564,615 | $848,565 | ↓ Below median | -6.3% |
| 2023 | $630,125 | $503,905 | $617,035 | $919,932 | ↑ Above median | +0.9% |
| 2022 | $576,500 | $506,618 | $615,058 | $906,429 | ↓ Below median | +39.1% |
| 2021 | $493,827 | $300,453 | $376,850 | $539,896 | ↑ Above median | 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.