906 E 46 ST TX 78751
| Owner | 906 E 46TH STREET LLC |
|---|---|
| Parcel ID | 0220101515 |
| Short ID | 216329 |
| Type | Real |
| Use Code | 04 Fourplex |
| Valuation | Income |
| Improvement SF | 2,184 SF |
| Land SF | 9,303 SF |
| Acres | 0.214 |
| Year Built | 1955 |
| Legal | LOT 27-28 * LESS E10FT & S5FT BLK 14 OLT 17 DIV C RIDGETOP ANNEX |
| Neighborhood | Y1005 |
| Land | $466,059 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $466,059 |
| Improvement | $219,716 |
|---|---|
| Total Improvement | $219,716 |
| Market | $685,775 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $685,775 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $685,775 |
| Taxable Value | $685,775 |
|---|
Appreciation: Market value has risen +38.7% from $494,329 (2021) to $685,775 (2025), a CAGR of 8.5% over 4 years. This is strong appreciation — well above typical inflation. Growth has been fairly evenly spread across these years rather than concentrated in one jump. 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 $14,034. 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 68% of market value ($466,059 land vs $219,716 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 $685,775, 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 +8.5% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,032,497 by 2030, with an estimated annual tax burden around $19,450. 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.
3 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 2,184 SF | ✓ |
| 011 | PORCH OPEN 1ST F | 394 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% | $5,759.84 | $5,759.84 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $3,262.27 | $3,262.27 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,339.83 | $2,339.83 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $734.75 | $734.75 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $643.72 | $643.72 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $12,740.41 | $12,740.41 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $602,536 | $685,775 | -12.1% |
| Assessed Value | $602,536 | $685,775 | -12.1% |
| Land Value | $407,801 | $466,059 | -12.5% |
| Improvement Value | $194,735 | $219,716 | -11.4% |
| Taxable Value | $602,536 | $685,775 | -12.1% |
| Total Tax 2026 = estimate |
~$12,331
Estimated
|
~$12,740
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $634,248 | $602,536 | -31,712 (-5.0%) |
| Taxable Value | $634,248 | $602,536 | -31,712 (-5.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $602,536 | $407,801 | $194,735 | — | $602,536 | $602,536 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $685,775 | $466,059 | $219,716 | — | $685,775 | $685,775 | ~$12,740 | Partial |
| 2024 | $927,303 | — | — | −$432,303 | $495,000 | $— | $13,130 | Verified |
| 2023 | $796,341 | — | — | −$301,341 | $495,000 | $— | $16,777 | Verified |
| 2022 | $592,075 | — | — | −$97,075 | $495,000 | $— | $15,727 | Verified |
| 2021 | $494,329 | — | — | −$191,829 | $302,500 | $— | $12,888 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -7.5% | -7.5% | ~100% | Not available | Partial |
| 2025 | +3.5% | +3.5% | ~100% | Not available | Partial |
| 2024 | -28.6% | -28.6% | ~100% | 1.9800% | Verified |
| 2023 | +16.4% | +16.4% | ~100% | 1.8100% | Verified |
| 2022 | +34.5% | +34.5% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.6100% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +15.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -12.1% | +6.5% | +11.5% | +34.5% | 2023 | -26.0% | 2025 |
| Assessment Ratio | 100.0% | 76.7% | — | 100.0% | 2025 | 53.4% | 2024 |
| Effective Tax Rate (2025) | 1.8600% | 1.8600% | — | 1.8600% | 2025 | 1.8600% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$12,740 | $14,252 | ~$17,152 | $16,777 | 2023 | $12,740 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$744,257 | ~$744,257 | ~2.0139% | ~$14,989 | +8.5% |
| 2027 | ~$807,727 | ~$807,727 | ~1.9814% | ~$16,004 | +17.8% |
| 2028 | ~$876,609 | ~$876,609 | ~1.9488% | ~$17,084 | +27.8% |
| 2029 | ~$951,365 | ~$951,365 | ~1.9163% | ~$18,231 | +38.7% |
| 2030 | ~$1,032,497 | ~$1,032,497 | ~1.8837% | ~$19,450 | +50.6% |
| 2026 | ~$730,542 | ~$730,542 | ~2.0465% | ~$14,950 | +6.5% |
| 2027 | ~$778,231 | ~$778,231 | ~2.0465% | ~$15,926 | +13.5% |
| 2028 | ~$829,033 | ~$829,033 | ~2.0465% | ~$16,966 | +20.9% |
| 2029 | ~$883,151 | ~$883,151 | ~2.0465% | ~$18,074 | +28.8% |
| 2030 | ~$940,802 | ~$940,802 | ~2.0465% | ~$19,253 | +37.2% |
| 2026 | ~$757,973 | ~$754,353 | ~1.9977% | ~$15,069 | +10.5% |
| 2027 | ~$837,771 | ~$829,788 | ~1.9488% | ~$16,171 | +22.2% |
| 2028 | ~$925,971 | ~$912,767 | ~1.9000% | ~$17,343 | +35.0% |
| 2029 | ~$1,023,456 | ~$1,004,043 | ~1.8512% | ~$18,587 | +49.2% |
| 2030 | ~$1,131,205 | ~$1,104,447 | ~1.8024% | ~$19,906 | +65.0% |
In 2025, this property's market value of $685,775 places it in the 50th–75th percentile for Multi-Family properties in Travis County (12584 comparable) — +32% 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 | $685,775 | $438,669 | $519,778 | $749,859 | ↑ Above median | -7.5% |
| 2024 | $927,303 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $796,341 | $503,905 | $617,035 | $919,932 | ↑ Above median | +0.9% |
| 2022 | $592,075 | $506,618 | $615,058 | $906,429 | ↓ Below median | +39.1% |
| 2021 | $494,329 | $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.