701 E 45 ST TX 78751
| Owner | SENSHU REAL ESETATE CO LTD |
|---|---|
| Parcel ID | 0219080614 |
| Short ID | 214961 |
| Type | Real |
| Use Code | 02 Duplex |
| Valuation | Cost |
| Improvement SF | 2,152 SF |
| Land SF | 7,831 SF |
| Acres | 0.180 |
| Year Built | 1964 |
| Legal | LOT 1A * RESUB OF LOT 1-4 BLK 4 OLT 15 DIV C RIDGETOP ANNEX |
| Neighborhood | Z64005 |
| Land | $382,038 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $382,038 |
| Improvement | $145,504 |
|---|---|
| Total Improvement | $145,504 |
| Market | $527,542 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $527,542 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $527,542 |
| Taxable Value | $527,542 |
|---|
Appreciation: Market value has fallen -7.8% from $571,999 (2021) to $527,542 (2025), a CAGR of -2.0% 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 $10,796. 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 72% of market value ($382,038 land vs $145,504 improvements), about $49/SF of land. With value concentrated in the land under a ~62-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 $527,542, 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 -2.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $476,798 by 2030, with an estimated annual tax burden around $8,982. 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 |
|---|---|---|---|
| 1ST | 1st Floor | 2,152 SF | ✓ |
| 095 | HVAC RESIDENTIAL | 2,152 SF | ✗ |
| 061 | CARPORT ATT 1ST | 830 SF | ✗ |
| SO | Sketch Only | 362 SF | ✗ |
| 612 | TERRACE UNCOVERD | 192 SF | ✗ |
| 581 | STORAGE ATT | 170 SF | ✓ |
| 011 | PORCH OPEN 1ST F | 24 SF | ✗ |
| 251 | BATHROOM | 3 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% | $4,880.82 | $4,880.82 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $2,764.41 | $2,764.41 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,982.74 | $1,982.74 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $622.62 | $622.62 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $545.48 | $545.48 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $10,796.07 | $10,796.07 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $610,858 | $527,542 | +15.8% |
| Assessed Value | $610,858 | $527,542 | +15.8% |
| Land Value | $295,507 | $382,038 | -22.6% |
| Improvement Value | $315,351 | $145,504 | +116.7% |
| Taxable Value | $610,858 | $527,542 | +15.8% |
| Total Tax 2026 = estimate |
~$12,501
Estimated
|
~$10,796
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $716,129 | $610,858 | -105,271 (-14.7%) |
| Taxable Value | $633,050 | $610,858 | -22,192 (-3.5%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $610,858 | $295,507 | $315,351 | — | $610,858 | $610,858 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $527,542 | $382,038 | $145,504 | — | $527,542 | $527,542 | ~$10,796 | Partial |
| 2024 | $828,583 | — | — | −$478,583 | $350,000 | $— | $9,094 | Verified |
| 2023 | $881,471 | — | — | −$531,471 | $350,000 | $— | $14,991 | Verified |
| 2022 | $648,178 | — | — | −$298,178 | $350,000 | $— | $17,408 | Verified |
| 2021 | $571,999 | — | — | −$246,999 | $325,000 | $— | $14,109 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +35.7% | +20.0% | 88.4% | Not available | Partial |
| 2025 | +6.3% | +6.3% | ~100% | Not available | Partial |
| 2024 | -40.1% | -40.1% | ~100% | 1.8300% | Verified |
| 2023 | -6.0% | -6.0% | ~100% | 1.8100% | Verified |
| 2022 | +36.0% | +36.0% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.4700% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -18.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +15.8% | +4.6% | -4.7% | +36.0% | 2023 | -36.3% | 2025 |
| Assessment Ratio | 100.0% | 65.5% | — | 100.0% | 2025 | 39.7% | 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 |
$10,796 | $13,280 | ~$9,686 | $17,408 | 2022 | $9,094 | 2024 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$516,979 | ~$516,979 | ~2.0139% | ~$10,412 | -2.0% |
| 2027 | ~$506,627 | ~$506,627 | ~1.9814% | ~$10,038 | -4.0% |
| 2028 | ~$496,482 | ~$496,482 | ~1.9488% | ~$9,676 | -5.9% |
| 2029 | ~$486,540 | ~$486,540 | ~1.9163% | ~$9,324 | -7.8% |
| 2030 | ~$476,798 | ~$476,798 | ~1.8837% | ~$8,982 | -9.6% |
| 2026 | ~$506,428 | ~$506,428 | ~2.0465% | ~$10,364 | -4.0% |
| 2027 | ~$486,158 | ~$486,158 | ~2.0465% | ~$9,949 | -7.8% |
| 2028 | ~$466,700 | ~$466,700 | ~2.0465% | ~$9,551 | -11.5% |
| 2029 | ~$448,021 | ~$448,021 | ~2.0465% | ~$9,169 | -15.1% |
| 2030 | ~$430,090 | ~$430,090 | ~2.0465% | ~$8,802 | -18.5% |
| 2026 | ~$527,529 | ~$527,529 | ~1.9977% | ~$10,538 | -0.0% |
| 2027 | ~$527,517 | ~$527,517 | ~1.9488% | ~$10,280 | -0.0% |
| 2028 | ~$527,504 | ~$527,504 | ~1.9000% | ~$10,023 | -0.0% |
| 2029 | ~$527,491 | ~$527,491 | ~1.8512% | ~$9,765 | -0.0% |
| 2030 | ~$527,479 | ~$527,479 | ~1.8024% | ~$9,507 | -0.0% |
In 2025, this property's market value of $527,542 places it in the 50th–75th percentile for Multi-Family properties in Travis County (12584 comparable) — +1% 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 | $527,542 | $438,669 | $519,778 | $749,859 | ↑ Above median | -7.5% |
| 2024 | $828,583 | $467,458 | $564,615 | $848,565 | ↑ Above median | -6.3% |
| 2023 | $881,471 | $503,905 | $617,035 | $919,932 | ↑ Above median | +0.9% |
| 2022 | $648,178 | $506,618 | $615,058 | $906,429 | ↑ Above median | +39.1% |
| 2021 | $571,999 | $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.