711 E 45 ST TX 78751
| Owner | HARRELL LARRY RANDALL & JAN A |
|---|---|
| Parcel ID | 0219080603 |
| Short ID | 214950 |
| Type | Real |
| Use Code | 02 Duplex |
| Valuation | Cost |
| Improvement SF | 3,000 SF |
| Land SF | 7,800 SF |
| Acres | 0.179 |
| Year Built | 1987 |
| Legal | LOT 7 * & W 20FT LOT 8 BLK 4 OLT 15 DIV C RIDGETOP ANNEX |
| Neighborhood | Z64005 |
| Land | $381,500 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $381,500 |
| Improvement | $174,461 |
|---|---|
| Total Improvement | $174,461 |
| Market | $555,961 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $555,961 |
| Value Limitation Adjustment (−) (homestead cap) | −$14,357 |
| Net Appraised (assessed) | $541,604 |
| Taxable Value | $541,604 |
|---|
Appreciation: Market value has fallen -4.0% from $579,300 (2021) to $555,961 (2025), a CAGR of -1.0% 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 $11,084. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Assessment Gap: Assessed value ($541,604) is $14,357 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 69% of market value ($381,500 land vs $174,461 improvements), about $49/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $555,961, 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 -1.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $528,105 by 2030, with an estimated annual tax burden around $9,948. 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 | 3,000 SF | ✗ |
| 1ST | 1st Floor | 1,500 SF | ✓ |
| 2ND | 2nd Floor | 1,500 SF | ✓ |
| 061 | CARPORT ATT 1ST | 420 SF | ✗ |
| 011 | PORCH OPEN 1ST F | 130 SF | ✗ |
| 581 | STORAGE ATT | 84 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% | $5,010.92 | $5,010.92 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $2,838.10 | $2,838.10 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,035.59 | $2,035.59 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $639.22 | $639.22 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $560.02 | $560.02 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $11,083.85 | $11,083.85 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $660,450 | $555,961 | +18.8% |
| Assessed Value | $649,925 | $541,604 | +20.0% |
| Land Value | $294,933 | $381,500 | -22.7% |
| Improvement Value | $365,517 | $174,461 | +109.5% |
| Taxable Value | $649,925 | $541,604 | +20.0% |
| HS Cap Loss | -$10,525 | — | |
| Total Tax 2026 = estimate |
~$13,301
Estimated
|
~$11,084
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $810,385 | $660,450 | -149,935 (-18.5%) |
| Taxable Value | $649,925 | $649,925 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $660,450 | $294,933 | $365,517 | −$10,525 | $649,925 | $649,925 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $555,961 | $381,500 | $174,461 | −$14,357 | $541,604 | $541,604 | ~$11,084 | Partial |
| 2024 | $729,924 | — | — | −$379,924 | $350,000 | $— | $8,945 | Verified |
| 2023 | $818,025 | — | — | −$468,025 | $350,000 | $— | $13,206 | Verified |
| 2022 | $716,498 | — | — | −$366,498 | $350,000 | $— | $16,155 | Verified |
| 2021 | $579,300 | — | — | −$254,300 | $325,000 | $— | $15,596 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +45.8% | +20.0% | 80.2% | Not available | Partial |
| 2025 | +23.2% | +20.0% | 97.4% | Not available | Partial |
| 2024 | -38.2% | -38.2% | ~100% | 1.9800% | Verified |
| 2023 | -10.8% | -10.8% | ~100% | 1.8100% | Verified |
| 2022 | +14.2% | +14.2% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.6900% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -22.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +18.8% | +4.4% | -4.2% | +23.7% | 2022 | -23.8% | 2025 |
| Assessment Ratio | 98.4% | 65.2% | — | 98.4% | 2026 | 42.8% | 2023 |
| Effective Tax Rate (2025) | 1.9900% | 1.9900% | — | 1.9900% | 2025 | 1.9900% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$11,084 | $12,997 | ~$10,511 | $16,155 | 2022 | $8,945 | 2024 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$550,275 | ~$550,275 | ~2.0139% | ~$11,082 | -1.0% |
| 2027 | ~$544,647 | ~$544,647 | ~1.9814% | ~$10,792 | -2.0% |
| 2028 | ~$539,076 | ~$539,076 | ~1.9488% | ~$10,506 | -3.0% |
| 2029 | ~$533,562 | ~$533,562 | ~1.9163% | ~$10,225 | -4.0% |
| 2030 | ~$528,105 | ~$528,105 | ~1.8837% | ~$9,948 | -5.0% |
| 2026 | ~$539,155 | ~$539,155 | ~2.0465% | ~$11,034 | -3.0% |
| 2027 | ~$522,858 | ~$522,858 | ~2.0465% | ~$10,700 | -6.0% |
| 2028 | ~$507,053 | ~$507,053 | ~2.0465% | ~$10,377 | -8.8% |
| 2029 | ~$491,726 | ~$491,726 | ~2.0465% | ~$10,063 | -11.6% |
| 2030 | ~$476,862 | ~$476,862 | ~2.0465% | ~$9,759 | -14.2% |
| 2026 | ~$561,394 | ~$561,394 | ~1.9977% | ~$11,215 | +1.0% |
| 2027 | ~$566,880 | ~$566,880 | ~1.9488% | ~$11,048 | +2.0% |
| 2028 | ~$572,419 | ~$572,419 | ~1.9000% | ~$10,876 | +3.0% |
| 2029 | ~$578,013 | ~$578,013 | ~1.8512% | ~$10,700 | +4.0% |
| 2030 | ~$583,662 | ~$583,662 | ~1.8024% | ~$10,520 | +5.0% |
In 2025, this property's market value of $555,961 places it in the 50th–75th percentile for Multi-Family properties in Travis County (12584 comparable) — +7% 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 | $555,961 | $438,669 | $519,778 | $749,859 | ↑ Above median | -7.5% |
| 2024 | $729,924 | $467,458 | $564,615 | $848,565 | ↑ Above median | -6.3% |
| 2023 | $818,025 | $503,905 | $617,035 | $919,932 | ↑ Above median | +0.9% |
| 2022 | $716,498 | $506,618 | $615,058 | $906,429 | ↑ Above median | +39.1% |
| 2021 | $579,300 | $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.