609 E 49 ST TX 78751
| Owner | TANBARA PROPERTIES LLC |
|---|---|
| Parcel ID | 0220100504 |
| Short ID | 216132 |
| Type | Real |
| Use Code | 02 Duplex |
| Valuation | Cost |
| Improvement SF | 3,224 SF |
| Land SF | 9,378 SF |
| Acres | 0.215 |
| Year Built | 1997 |
| Legal | ABS 789 SUR 57 WALLACE J P ACR 0.2153 |
| Neighborhood | Z65005 |
| Land | $653,316 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $653,316 |
| Improvement | $200,145 |
|---|---|
| Total Improvement | $200,145 |
| Market | $853,461 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $853,461 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $853,461 |
| Taxable Value | $853,461 |
|---|
Appreciation: Market value has risen +18.4% from $720,700 (2021) to $853,461 (2025), a CAGR of 4.3% over 4 years. This represents moderate, steady growth. Most of this growth came in a single year (2021→2022), 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 $17,466. 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 77% of market value ($653,316 land vs $200,145 improvements), about $70/SF of land. With value concentrated in the land, this reads as a land-dominated asset — the classic higher-and-best-use / redevelopment signal. Underwrite the dirt, not the building.
Submarket Position: At $853,461, this parcel sits in the top quartile (≥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 +4.3% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,054,314 by 2030, with an estimated annual tax burden around $19,861. 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 |
|---|---|---|---|
| 095 | HVAC RESIDENTIAL | 3,224 SF | ✗ |
| 2ND | 2nd Floor | 1,784 SF | ✓ |
| 1ST | 1st Floor | 1,440 SF | ✓ |
| 041 | GARAGE ATT 1ST F | 504 SF | ✓ |
| 011 | PORCH OPEN 1ST F | 304 SF | ✗ |
| 581 | STORAGE ATT | 56 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 |
|---|---|---|---|---|---|---|---|---|---|
| IAU Austin ISD | 1.0617% | 0.9966% | 0.8595% | 0.9505% | 0.9252% | -0.0253% | $7,896.22 | $7,896.22 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $4,472.28 | $4,472.28 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,207.69 | $3,207.69 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,007.28 | $1,007.28 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $882.48 | $882.48 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $17,465.95 | $17,465.95 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $950,000 | $853,461 | +11.3% |
| Assessed Value | $950,000 | $853,461 | +11.3% |
| Land Value | $503,516 | $653,316 | -22.9% |
| Improvement Value | $446,484 | $200,145 | +123.1% |
| Taxable Value | $950,000 | $853,461 | +11.3% |
| Total Tax 2026 = estimate |
~$19,442
Estimated
|
~$17,466
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $950,000 | $950,000 | +0 (+0.0%) |
| Taxable Value | $950,000 | $950,000 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $950,000 | $503,516 | $446,484 | — | $950,000 | $950,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $853,461 | $653,316 | $200,145 | — | $853,461 | $853,461 | ~$17,466 | Partial |
| 2024 | $848,345 | — | — | −$215,845 | $632,500 | $— | $19,188 | Verified |
| 2023 | $975,723 | — | — | −$343,223 | $632,500 | $— | $15,349 | Verified |
| 2022 | $862,400 | — | — | −$229,900 | $632,500 | $— | $19,270 | Verified |
| 2021 | $720,700 | — | — | −$318,200 | $402,500 | $— | $18,772 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +11.3% | +11.3% | ~100% | Not available | Partial |
| 2025 | -11.9% | -11.9% | ~100% | Not available | Partial |
| 2024 | +14.1% | +14.1% | ~100% | 1.9800% | Verified |
| 2023 | -13.1% | -13.1% | ~100% | 1.8100% | Verified |
| 2022 | +13.1% | +13.1% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.6000% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -1.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +11.3% | +6.3% | +2.2% | +19.7% | 2022 | -13.1% | 2024 |
| Assessment Ratio | 100.0% | 78.1% | — | 100.0% | 2025 | 55.8% | 2021 |
| 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 |
$17,466 | $18,009 | ~$18,888 | $19,270 | 2022 | $15,349 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$890,309 | ~$890,309 | ~2.0139% | ~$17,930 | +4.3% |
| 2027 | ~$928,749 | ~$928,749 | ~1.9814% | ~$18,402 | +8.8% |
| 2028 | ~$968,848 | ~$968,848 | ~1.9488% | ~$18,881 | +13.5% |
| 2029 | ~$1,010,678 | ~$1,010,678 | ~1.9163% | ~$19,368 | +18.4% |
| 2030 | ~$1,054,314 | ~$1,054,314 | ~1.8837% | ~$19,861 | +23.5% |
| 2026 | ~$873,240 | ~$873,240 | ~2.0465% | ~$17,871 | +2.3% |
| 2027 | ~$893,478 | ~$893,478 | ~2.0465% | ~$18,285 | +4.7% |
| 2028 | ~$914,184 | ~$914,184 | ~2.0465% | ~$18,709 | +7.1% |
| 2029 | ~$935,371 | ~$935,371 | ~2.0465% | ~$19,142 | +9.6% |
| 2030 | ~$957,048 | ~$957,048 | ~2.0465% | ~$19,586 | +12.1% |
| 2026 | ~$907,379 | ~$907,379 | ~1.9977% | ~$18,126 | +6.3% |
| 2027 | ~$964,703 | ~$964,703 | ~1.9488% | ~$18,801 | +13.0% |
| 2028 | ~$1,025,648 | ~$1,025,648 | ~1.9000% | ~$19,487 | +20.2% |
| 2029 | ~$1,090,444 | ~$1,090,444 | ~1.8512% | ~$20,186 | +27.8% |
| 2030 | ~$1,159,333 | ~$1,159,333 | ~1.8024% | ~$20,895 | +35.8% |
In 2025, this property's market value of $853,461 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — +64% 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 | $853,461 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $848,345 | $467,458 | $564,615 | $848,565 | ↑ Above median | -6.3% |
| 2023 | $975,723 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $862,400 | $506,618 | $615,058 | $906,429 | ↑ Above median | +39.1% |
| 2021 | $720,700 | $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.