609 E 43 ST TX 78751
| Owner | 609 E 43RD PARTNERS LLC |
|---|---|
| Parcel ID | 0219080305 |
| Short ID | 214902 |
| Type | Real |
| Use Code | 02 Duplex |
| Valuation | Cost |
| Improvement SF | 2,592 SF |
| Land SF | 10,019 SF |
| Acres | 0.230 |
| Year Built | 1965 |
| Legal | LOT 5 BLK 2 OLT 14 DIV C IDEAL PLACE ADJ TRI PLUS 1/2 ADJ VAC ALLY |
| Neighborhood | Z64005 |
| Land | $402,665 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $402,665 |
| Improvement | $199,581 |
|---|---|
| Total Improvement | $199,581 |
| Market | $602,246 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $602,246 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $602,246 |
| Taxable Value | $602,246 |
|---|
Appreciation: Market value has risen +7.7% from $559,394 (2021) to $602,246 (2025), a CAGR of 1.9% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2025→2026), 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 $12,325. 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 67% of market value ($402,665 land vs $199,581 improvements), about $40/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $602,246, this parcel sits in the upper-middle (50th–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 +1.9% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $660,456 by 2030, with an estimated annual tax burden around $12,441. 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.
5 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 095 | HVAC RESIDENTIAL | 2,592 SF | ✗ |
| 1ST | 1st Floor | 1,620 SF | ✓ |
| 2ND | 2nd Floor | 972 SF | ✓ |
| 612 | TERRACE UNCOVERD | 240 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% | $5,261.07 | $5,261.07 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $2,979.78 | $2,979.78 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,137.21 | $2,137.21 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $671.13 | $671.13 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $587.97 | $587.97 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $11,637.16 | $11,637.16 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $962,000 | $602,246 | +59.7% |
| Assessed Value | $682,369 | $602,246 | +13.3% |
| Land Value | $551,497 | $402,665 | +37.0% |
| Improvement Value | $410,503 | $199,581 | +105.7% |
| Taxable Value | $682,369 | $602,246 | +13.3% |
| HS Cap Loss | -$279,631 | — | |
| Total Tax 2026 = estimate |
~$13,965
Estimated
|
~$11,637
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $981,612 | $962,000 | -19,612 (-2.0%) |
| Taxable Value | $682,369 | $682,369 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $962,000 | $551,497 | $410,503 | −$279,631 | $682,369 | $682,369 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $602,246 | $402,665 | $199,581 | — | $602,246 | $602,246 | ~$11,637 | Partial |
| 2024 | $915,000 | — | — | −$530,000 | $385,000 | $— | $10,593 | Verified |
| 2023 | $915,000 | — | — | −$530,000 | $385,000 | $— | $16,555 | Verified |
| 2022 | $762,600 | — | — | −$377,600 | $385,000 | $— | $18,071 | Verified |
| 2021 | $559,394 | — | — | −$201,894 | $357,500 | $— | $16,599 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +63.0% | +13.3% | 69.5% | Not available | Partial |
| 2025 | +12.7% | +12.7% | ~100% | Not available | Partial |
| 2024 | -41.6% | -41.6% | ~100% | 1.9800% | Verified |
| 2023 | +0.0% | +0.0% | ~100% | 1.8100% | Verified |
| 2022 | +20.0% | +20.0% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.9700% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -21.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +59.7% | +16.4% | -5.8% | +59.7% | 2026 | -34.2% | 2025 |
| Assessment Ratio | 70.9% | 61.6% | — | 100.0% | 2025 | 42.1% | 2023 |
| 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 |
$11,637 | $14,691 | ~$12,401 | $18,071 | 2022 | $10,593 | 2024 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$613,462 | ~$613,462 | ~2.0139% | ~$12,355 | +1.9% |
| 2027 | ~$624,888 | ~$624,888 | ~1.9814% | ~$12,381 | +3.8% |
| 2028 | ~$636,526 | ~$636,526 | ~1.9488% | ~$12,405 | +5.7% |
| 2029 | ~$648,381 | ~$648,381 | ~1.9163% | ~$12,425 | +7.7% |
| 2030 | ~$660,456 | ~$660,456 | ~1.8837% | ~$12,441 | +9.7% |
| 2026 | ~$601,417 | ~$601,417 | ~2.0465% | ~$12,308 | -0.1% |
| 2027 | ~$600,590 | ~$600,590 | ~2.0465% | ~$12,291 | -0.3% |
| 2028 | ~$599,764 | ~$599,764 | ~2.0465% | ~$12,274 | -0.4% |
| 2029 | ~$598,939 | ~$598,939 | ~2.0465% | ~$12,257 | -0.5% |
| 2030 | ~$598,115 | ~$598,115 | ~2.0465% | ~$12,240 | -0.7% |
| 2026 | ~$625,507 | ~$625,507 | ~1.9977% | ~$12,496 | +3.9% |
| 2027 | ~$649,667 | ~$649,667 | ~1.9488% | ~$12,661 | +7.9% |
| 2028 | ~$674,760 | ~$674,760 | ~1.9000% | ~$12,821 | +12.0% |
| 2029 | ~$700,822 | ~$700,822 | ~1.8512% | ~$12,974 | +16.4% |
| 2030 | ~$727,891 | ~$727,891 | ~1.8024% | ~$13,119 | +20.9% |
In 2025, this property's market value of $602,246 places it in the 50th–75th percentile for Multi-Family properties in Travis County (12584 comparable) — +16% 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 | $602,246 | $438,669 | $519,778 | $749,859 | ↑ Above median | -7.5% |
| 2024 | $915,000 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $915,000 | $503,905 | $617,035 | $919,932 | ↑ Above median | +0.9% |
| 2022 | $762,600 | $506,618 | $615,058 | $906,429 | ↑ Above median | +39.1% |
| 2021 | $559,394 | $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.