4708 DEPEW AVE TX 78751
| Owner | CORRIGAN JAMES T III & ELISABETH J |
|---|---|
| Parcel ID | 0220101625 |
| Short ID | 216359 |
| Type | Real |
| Use Code | 04 Fourplex |
| Valuation | Income |
| Improvement SF | 3,376 SF |
| Land SF | 7,984 SF |
| Acres | 0.183 |
| Year Built | 1967 |
| Legal | LOT 2 OLT 17 DIV C LANNERT SUBD |
| Neighborhood | Y1005 |
| Land | $439,680 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $439,680 |
| Improvement | $514,386 |
|---|---|
| Total Improvement | $514,386 |
| Market | $954,066 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $954,066 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $954,066 |
| Taxable Value | $954,066 |
|---|
Appreciation: Market value has risen +46.4% from $651,812 (2021) to $954,066 (2025), a CAGR of 10.0% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2023→2024), 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 $19,525. 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 46% of market value ($439,680 land vs $514,386 improvements), about $55/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $954,066, 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 +10.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,536,026 by 2030, with an estimated annual tax burden around $28,935. 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 |
|---|---|---|---|
| 095 | HVAC RESIDENTIAL | 3,376 SF | ✗ |
| 1ST | 1st Floor | 1,688 SF | ✓ |
| 2ND | 2nd Floor | 1,688 SF | ✓ |
| 512 | DECK UNCOVRED | 40 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% | $8,827.02 | $8,827.02 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $4,999.47 | $4,999.47 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,585.81 | $3,585.81 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,126.02 | $1,126.02 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $986.50 | $986.50 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $19,524.82 | $19,524.82 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $815,553 | $954,066 | -14.5% |
| Assessed Value | $815,553 | $954,066 | -14.5% |
| Land Value | $384,720 | $439,680 | -12.5% |
| Improvement Value | $430,833 | $514,386 | -16.2% |
| Taxable Value | $815,553 | $954,066 | -14.5% |
| Total Tax 2026 = estimate |
~$16,690
Estimated
|
~$19,525
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $946,337 | $815,553 | -130,784 (-13.8%) |
| Taxable Value | $946,337 | $815,553 | -130,784 (-13.8%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $815,553 | $384,720 | $430,833 | — | $815,553 | $815,553 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $954,066 | $439,680 | $514,386 | — | $954,066 | $954,066 | ~$19,525 | Partial |
| 2024 | $1,151,635 | — | — | −$679,135 | $472,500 | $— | $21,522 | Verified |
| 2023 | $930,015 | — | — | −$457,515 | $472,500 | $— | $20,836 | Verified |
| 2022 | $731,345 | — | — | −$258,845 | $472,500 | $— | $18,367 | Verified |
| 2021 | $651,812 | — | — | −$363,062 | $288,750 | $— | $15,919 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -0.8% | -0.8% | ~100% | Not available | Partial |
| 2025 | -12.1% | -12.1% | ~100% | Not available | Partial |
| 2024 | -13.7% | -13.7% | ~100% | 1.9800% | Verified |
| 2023 | +35.4% | +35.4% | ~100% | 1.6500% | Verified |
| 2022 | +27.2% | +27.2% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.4400% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +30.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -14.5% | +6.3% | +13.7% | +27.2% | 2023 | -17.2% | 2025 |
| Assessment Ratio | 100.0% | 66.8% | — | 100.0% | 2025 | 41.0% | 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 |
$19,525 | $19,234 | ~$24,889 | $21,522 | 2024 | $15,919 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,049,403 | ~$1,049,403 | ~2.0139% | ~$21,134 | +10.0% |
| 2027 | ~$1,154,267 | ~$1,154,267 | ~1.9814% | ~$22,871 | +21.0% |
| 2028 | ~$1,269,610 | ~$1,269,610 | ~1.9488% | ~$24,743 | +33.1% |
| 2029 | ~$1,396,479 | ~$1,396,479 | ~1.9163% | ~$26,761 | +46.4% |
| 2030 | ~$1,536,026 | ~$1,536,026 | ~1.8837% | ~$28,935 | +61.0% |
| 2026 | ~$1,030,322 | ~$1,030,322 | ~2.0465% | ~$21,085 | +8.0% |
| 2027 | ~$1,112,673 | ~$1,112,673 | ~2.0465% | ~$22,771 | +16.6% |
| 2028 | ~$1,201,606 | ~$1,201,606 | ~2.0465% | ~$24,591 | +25.9% |
| 2029 | ~$1,297,647 | ~$1,297,647 | ~2.0465% | ~$26,556 | +36.0% |
| 2030 | ~$1,401,365 | ~$1,401,365 | ~2.0465% | ~$28,679 | +46.9% |
| 2026 | ~$1,068,485 | ~$1,049,473 | ~1.9977% | ~$20,965 | +12.0% |
| 2027 | ~$1,196,625 | ~$1,154,420 | ~1.9488% | ~$22,498 | +25.4% |
| 2028 | ~$1,340,133 | ~$1,269,862 | ~1.9000% | ~$24,128 | +40.5% |
| 2029 | ~$1,500,852 | ~$1,396,848 | ~1.8512% | ~$25,858 | +57.3% |
| 2030 | ~$1,680,845 | ~$1,536,533 | ~1.8024% | ~$27,694 | +76.2% |
In 2025, this property's market value of $954,066 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — +84% 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 | $954,066 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $1,151,635 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $930,015 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $731,345 | $506,618 | $615,058 | $906,429 | ↑ Above median | +39.1% |
| 2021 | $651,812 | $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.