503 E 43 ST TX 78751
| Owner | 503 E 43 LLC |
|---|---|
| Parcel ID | 0220080702 |
| Short ID | 216030 |
| Type | Real |
| Use Code | 03 Triplex |
| Valuation | Income |
| Improvement SF | 1,948 SF |
| Land SF | 7,907 SF |
| Acres | 0.182 |
| Year Built | 1919 |
| Legal | LOT 3 & E10FT LOT 2 BLK 1 OLT 14 DIV C IDEAL PLACE |
| Neighborhood | Z64005 |
| Land | $383,371 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $383,371 |
| Improvement | $121,903 |
|---|---|
| Total Improvement | $121,903 |
| Market | $505,274 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $505,274 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $505,274 |
| Taxable Value | $505,274 |
|---|
Appreciation: Market value has risen +1.0% from $500,101 (2021) to $505,274 (2025), a CAGR of 0.3% 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 $10,340. 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 income approach, so changes in rent roll or occupancy move the appraisal more directly than they would for a cost-approach property.
Value Composition: Land carries 76% of market value ($383,371 land vs $121,903 improvements), about $48/SF of land. With value concentrated in the land under a ~107-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 $505,274, 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 +0.3% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $511,816 by 2030, with an estimated annual tax burden around $9,641. 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 |
|---|---|---|---|
| 1ST | 1st Floor | 1,948 SF | ✓ |
| 011 | PORCH OPEN 1ST F | 470 SF | ✗ |
| 571 | STORAGE DET | 264 SF | ✓ |
| 612 | TERRACE UNCOVERD | 72 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% | $4,674.80 | $4,674.80 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $2,647.72 | $2,647.72 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,899.05 | $1,899.05 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $596.34 | $596.34 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $522.45 | $522.45 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $10,340.36 | $10,340.36 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $828,326 | $505,274 | +63.9% |
| Assessed Value | $606,329 | $505,274 | +20.0% |
| Land Value | $532,935 | $383,371 | +39.0% |
| Improvement Value | $295,391 | $121,903 | +142.3% |
| Taxable Value | $606,329 | $505,274 | +20.0% |
| HS Cap Loss | -$221,997 | — | |
| Total Tax 2026 = estimate |
~$12,408
Estimated
|
~$10,340
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $858,369 | $828,326 | -30,043 (-3.5%) |
| Taxable Value | $606,329 | $606,329 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $828,326 | $532,935 | $295,391 | −$221,997 | $606,329 | $606,329 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $505,274 | $383,371 | $121,903 | — | $505,274 | $505,274 | ~$10,340 | Partial |
| 2024 | $702,320 | — | — | −$352,320 | $350,000 | $— | $8,498 | Verified |
| 2023 | $853,028 | — | — | −$503,028 | $350,000 | $— | $12,707 | Verified |
| 2022 | $602,435 | — | — | −$252,435 | $350,000 | $— | $16,847 | Verified |
| 2021 | $500,101 | — | — | −$175,101 | $325,000 | $— | $13,113 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +69.9% | +20.0% | 70.6% | Not available | Partial |
| 2025 | +17.8% | +17.8% | ~100% | Not available | Partial |
| 2024 | -38.9% | -38.9% | ~100% | 1.9800% | Verified |
| 2023 | -17.7% | -17.7% | ~100% | 1.8100% | Verified |
| 2022 | +41.6% | +41.6% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.6200% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -16.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +63.9% | +16.0% | -7.6% | +63.9% | 2026 | -28.1% | 2025 |
| Assessment Ratio | 73.2% | 64.5% | — | 100.0% | 2025 | 41.0% | 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 |
$10,340 | $12,301 | ~$9,922 | $16,847 | 2022 | $8,498 | 2024 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$506,576 | ~$506,576 | ~2.0139% | ~$10,202 | +0.3% |
| 2027 | ~$507,881 | ~$507,881 | ~1.9814% | ~$10,063 | +0.5% |
| 2028 | ~$509,189 | ~$509,189 | ~1.9488% | ~$9,923 | +0.8% |
| 2029 | ~$510,501 | ~$510,501 | ~1.9163% | ~$9,783 | +1.0% |
| 2030 | ~$511,816 | ~$511,816 | ~1.8837% | ~$9,641 | +1.3% |
| 2026 | ~$496,470 | ~$496,470 | ~2.0465% | ~$10,160 | -1.7% |
| 2027 | ~$487,820 | ~$487,820 | ~2.0465% | ~$9,983 | -3.5% |
| 2028 | ~$479,320 | ~$479,320 | ~2.0465% | ~$9,809 | -5.1% |
| 2029 | ~$470,968 | ~$470,968 | ~2.0465% | ~$9,638 | -6.8% |
| 2030 | ~$462,762 | ~$462,762 | ~2.0465% | ~$9,470 | -8.4% |
| 2026 | ~$516,681 | ~$516,681 | ~1.9977% | ~$10,322 | +2.3% |
| 2027 | ~$528,346 | ~$528,346 | ~1.9488% | ~$10,297 | +4.6% |
| 2028 | ~$540,274 | ~$540,274 | ~1.9000% | ~$10,265 | +6.9% |
| 2029 | ~$552,471 | ~$552,471 | ~1.8512% | ~$10,227 | +9.3% |
| 2030 | ~$564,943 | ~$564,943 | ~1.8024% | ~$10,182 | +11.8% |
In 2025, this property's market value of $505,274 places it in the 25th–50th percentile for Multi-Family properties in Travis County (12584 comparable) — -3% 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 | $505,274 | $438,669 | $519,778 | $749,859 | ↓ Below median | -7.5% |
| 2024 | $702,320 | $467,458 | $564,615 | $848,565 | ↑ Above median | -6.3% |
| 2023 | $853,028 | $503,905 | $617,035 | $919,932 | ↑ Above median | +0.9% |
| 2022 | $602,435 | $506,618 | $615,058 | $906,429 | ↓ Below median | +39.1% |
| 2021 | $500,101 | $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.