610 PARK BLVD TX 78751
| Owner | CUNNINGHAM GRACE CHANG |
|---|---|
| Parcel ID | 0219080322 |
| Short ID | 214917 |
| Type | Real |
| Use Code | 02 Duplex |
| Valuation | Cost |
| Improvement SF | 4,125 SF |
| Land SF | 13,407 SF |
| Acres | 0.308 |
| Year Built | 1935 |
| Legal | E25FT OF LOT 6 BLK 2 + 1/2 ADJ ALLEY IDEAL PLACE LOT 15 BLK 1 OLT 14 DIV C SPILLAR ESTATES |
| Neighborhood | Z64005 |
| Land | $392,771 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $392,771 |
| Improvement | $266,607 |
|---|---|
| Total Improvement | $266,607 |
| Market | $659,378 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $659,378 |
| Value Limitation Adjustment (−) (homestead cap) | −$63,415 |
| Net Appraised (assessed) | $595,963 |
| Exemptions (−) (HS,OV65) | −$262,413 |
|---|---|
| Taxable Value | $333,550 |
Appreciation: Market value has fallen -14.1% from $767,493 (2021) to $659,378 (2025), a CAGR of -3.7% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2024→2025), 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 $6,826. City of Austin is the largest single contributor, at 36.4% of the total 2025 levy.
Assessment Gap: Assessed value ($595,963) is $63,415 below market value, suggesting potential for an upward assessment in future years.
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 60% of market value ($392,771 land vs $266,607 improvements), about $29/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $659,378, 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 -3.7% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $545,393 by 2030, with an estimated annual tax burden around $10,274. 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 | 4,125 SF | ✗ |
| 1ST | 1st Floor | 2,085 SF | ✓ |
| 2ND | 2nd Floor | 2,040 SF | ✓ |
| 031 | GARAGE DET 1ST F | 560 SF | ✓ |
| 011 | PORCH OPEN 1ST F | 18 SF | ✗ |
| 251 | BATHROOM | 3 SF | ✓ |
| 522 | FIREPLACE | 2 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 |
|---|---|---|---|---|---|---|---|---|---|
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $1,492.24 | $1,492.24 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,253.63 | $1,253.63 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $532.51 | $532.51 | Paid |
| IAU Austin ISD | 1.0617% | 0.9966% | 0.8595% | 0.9505% | 0.9252% | -0.0253% | $478.55 | $478.55 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $344.12 | $344.12 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $4,101.05 | $4,101.05 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,050,000 | $659,378 | +59.2% |
| Assessed Value | $655,559 | $595,963 | +10.0% |
| Land Value | $530,828 | $392,771 | +35.1% |
| Improvement Value | $519,172 | $266,607 | +94.7% |
| Taxable Value | $379,178 | $333,550 | +13.7% |
| Exemptions | HS,OV65 | HS,OV65 | |
| HS Cap Loss | -$394,441 | — | |
| Total Tax 2026 = estimate |
~$7,760
Estimated
|
~$4,101
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,050,000 | $1,050,000 | +0 (+0.0%) |
| Taxable Value | $381,227 | $379,178 | -2,049 (-0.5%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,050,000 | $530,828 | $519,172 | −$394,441 | $655,559 | $379,178 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $659,378 | $392,771 | $266,607 | −$63,415 | $595,963 | $333,550 | ~$4,101 | Partial |
| 2024 | $1,112,906 | — | — | −$734,906 | $378,000 | $— | $4,541 | Verified |
| 2023 | $1,247,233 | — | — | −$869,233 | $378,000 | $— | $8,002 | Verified |
| 2022 | $896,373 | — | — | −$518,373 | $378,000 | $— | $10,518 | Verified |
| 2021 | $767,493 | — | — | −$416,493 | $351,000 | $— | $10,707 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +59.2% | +10.0% | 62.4% | Not available | Partial |
| 2025 | +21.7% | +10.0% | 90.4% | Not available | Partial |
| 2024 | -51.3% | -47.0% | ~100% | 0.8400% | Verified |
| 2023 | -10.8% | +10.0% | 91.8% | 0.7200% | Verified |
| 2022 | +39.1% | +3.6% | 74.5% | 0.8400% | Verified |
| 2021 | base year | — | ~100% | 1.4000% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -26.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +59.2% | +12.7% | -10.9% | +59.2% | 2026 | -40.8% | 2025 |
| Assessment Ratio | 62.4% | 50.8% | — | 90.4% | 2025 | 30.3% | 2023 |
| Effective Tax Rate (2025) | 0.6200% | 0.6200% | — | 0.6200% | 2025 | 0.6200% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$4,101 | $7,574 | ~$11,498 | $10,707 | 2021 | $4,101 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$634,818 | ~$634,818 | ~2.0139% | ~$12,785 | -3.7% |
| 2027 | ~$611,173 | ~$611,173 | ~1.9814% | ~$12,110 | -7.3% |
| 2028 | ~$588,409 | ~$588,409 | ~1.9488% | ~$11,467 | -10.8% |
| 2029 | ~$566,493 | ~$566,493 | ~1.9163% | ~$10,856 | -14.1% |
| 2030 | ~$545,393 | ~$545,393 | ~1.8837% | ~$10,274 | -17.3% |
| 2026 | ~$626,409 | ~$626,409 | ~2.0465% | ~$12,819 | -5.0% |
| 2027 | ~$595,089 | ~$595,089 | ~2.0465% | ~$12,178 | -9.7% |
| 2028 | ~$565,334 | ~$565,334 | ~2.0465% | ~$11,569 | -14.3% |
| 2029 | ~$537,068 | ~$537,068 | ~2.0465% | ~$10,991 | -18.5% |
| 2030 | ~$510,214 | ~$510,214 | ~2.0465% | ~$10,441 | -22.6% |
| 2026 | ~$648,006 | ~$648,006 | ~1.9977% | ~$12,945 | -1.7% |
| 2027 | ~$636,830 | ~$636,830 | ~1.9488% | ~$12,411 | -3.4% |
| 2028 | ~$625,847 | ~$625,847 | ~1.9000% | ~$11,891 | -5.1% |
| 2029 | ~$615,053 | ~$615,053 | ~1.8512% | ~$11,386 | -6.7% |
| 2030 | ~$604,445 | ~$604,445 | ~1.8024% | ~$10,894 | -8.3% |
In 2025, this property's market value of $659,378 places it in the 50th–75th percentile for Multi-Family properties in Travis County (12584 comparable) — +27% 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 | $659,378 | $438,669 | $519,778 | $749,859 | ↑ Above median | -7.5% |
| 2024 | $1,112,906 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $1,247,233 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $896,373 | $506,618 | $615,058 | $906,429 | ↑ Above median | +39.1% |
| 2021 | $767,493 | $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.