4625 RED RIVER ST TX 78751
| Owner | FIGUEROA ENTERPRISES INC |
|---|---|
| Parcel ID | 0220101509 |
| Short ID | 216326 |
| Type | Real |
| Use Code | 05 Apartment 5–25 Units |
| Valuation | Income |
| Improvement SF | 2,874 SF |
| Land SF | 9,100 SF |
| Acres | 0.209 |
| Year Built | 1975 |
| Legal | LOT 14-A BLK 14 RIDGETOP ANNEX AMENDED PLAT OF LOTS 12-14 |
| Neighborhood | 05WC3 |
| Land | $455,000 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $455,000 |
| Improvement | $479,050 |
|---|---|
| Total Improvement | $479,050 |
| Market | $934,050 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $934,050 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $934,050 |
| Taxable Value | $934,050 |
|---|
Appreciation: Market value has risen +38.3% from $675,390 (2021) to $934,050 (2025), a CAGR of 8.4% over 4 years. This is strong appreciation — well above typical inflation. 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 outpaced 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 $19,115. 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 49% of market value ($455,000 land vs $479,050 improvements), about $50/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $934,050, 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 +8.4% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,400,843 by 2030, with an estimated annual tax burden around $26,388. 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.
9 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 2,874 SF | ✓ |
| 061C | CARPORT ATT 1ST COMM | 1,060 SF | ✗ |
| 541 | FENCE COMM LF | 150 SF | ✗ |
| 581C | STORAGE ATT COMM | 36 SF | ✓ |
| 571C | STORAGE DET COMM | 24 SF | ✓ |
| 011C | PORCH OPEN 1ST COMM | 15 SF | ✗ |
| 132 | PLBG 5-FIXT AVG | 1 SF | ✓ |
| 242 | OBS OVEN/BURN | 1 SF | ✓ |
| 521 | FIREPLACE | 1 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% | $8,641.83 | $8,641.83 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $4,894.58 | $4,894.58 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,510.58 | $3,510.58 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,102.39 | $1,102.39 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $965.81 | $965.81 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $19,115.19 | $19,115.19 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $934,050 | $934,050 | +0.0% |
| Assessed Value | $934,050 | $934,050 | +0.0% |
| Land Value | $455,000 | $455,000 | +0.0% |
| Improvement Value | $479,050 | $479,050 | +0.0% |
| Taxable Value | $934,050 | $934,050 | +0.0% |
| Total Tax 2026 = estimate |
~$19,115
Estimated
|
~$19,115
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $934,050 | $934,050 | +0 (+0.0%) |
| Taxable Value | $934,050 | $934,050 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $934,050 | $455,000 | $479,050 | — | $934,050 | $934,050 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $934,050 | $455,000 | $479,050 | — | $934,050 | $934,050 | ~$19,115 | Partial |
| 2024 | $775,980 | — | — | −$320,980 | $455,000 | $— | $16,802 | Verified |
| 2023 | $718,500 | — | — | −$263,500 | $455,000 | $— | $14,039 | Verified |
| 2022 | $704,130 | — | — | −$249,130 | $455,000 | $— | $14,190 | Verified |
| 2021 | $675,390 | — | — | −$220,390 | $455,000 | $— | $15,327 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2025 | +10.2% | +10.2% | ~100% | Not available | Partial |
| 2024 | +9.3% | +9.3% | ~100% | 1.9800% | Verified |
| 2023 | +8.0% | +8.0% | ~100% | 1.8100% | Verified |
| 2022 | +2.0% | +2.0% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.2700% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +32.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +6.9% | +8.4% | +20.4% | 2025 | +0.0% | 2026 |
| Assessment Ratio | 100.0% | 75.6% | — | 100.0% | 2025 | 58.6% | 2024 |
| 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 |
$19,115 | $15,895 | ~$23,304 | $19,115 | 2025 | $14,039 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,012,917 | ~$1,012,917 | ~2.0139% | ~$20,400 | +8.4% |
| 2027 | ~$1,098,444 | ~$1,098,444 | ~1.9814% | ~$21,764 | +17.6% |
| 2028 | ~$1,191,192 | ~$1,191,192 | ~1.9488% | ~$23,214 | +27.5% |
| 2029 | ~$1,291,771 | ~$1,291,771 | ~1.9163% | ~$24,754 | +38.3% |
| 2030 | ~$1,400,843 | ~$1,400,843 | ~1.8837% | ~$26,388 | +50.0% |
| 2026 | ~$994,236 | ~$994,236 | ~2.0465% | ~$20,347 | +6.4% |
| 2027 | ~$1,058,301 | ~$1,058,301 | ~2.0465% | ~$21,658 | +13.3% |
| 2028 | ~$1,126,493 | ~$1,126,493 | ~2.0465% | ~$23,054 | +20.6% |
| 2029 | ~$1,199,080 | ~$1,199,080 | ~2.0465% | ~$24,539 | +28.4% |
| 2030 | ~$1,276,344 | ~$1,276,344 | ~2.0465% | ~$26,120 | +36.6% |
| 2026 | ~$1,031,598 | ~$1,027,455 | ~1.9977% | ~$20,525 | +10.4% |
| 2027 | ~$1,139,334 | ~$1,130,201 | ~1.9488% | ~$22,026 | +22.0% |
| 2028 | ~$1,258,322 | ~$1,243,221 | ~1.9000% | ~$23,621 | +34.7% |
| 2029 | ~$1,389,735 | ~$1,367,543 | ~1.8512% | ~$25,316 | +48.8% |
| 2030 | ~$1,534,874 | ~$1,504,297 | ~1.8024% | ~$27,113 | +64.3% |
In 2025, this property's market value of $934,050 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — +80% 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 | $934,050 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $775,980 | $467,458 | $564,615 | $848,565 | ↑ Above median | -6.3% |
| 2023 | $718,500 | $503,905 | $617,035 | $919,932 | ↑ Above median | +0.9% |
| 2022 | $704,130 | $506,618 | $615,058 | $906,429 | ↑ Above median | +39.1% |
| 2021 | $675,390 | $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.