1611 W 39 1/2 ST TX 78756
| Owner | EKP SHOAL ATX LLC |
|---|---|
| Parcel ID | 0221010106 |
| Short ID | 217471 |
| Type | Real |
| Use Code | 05 Apartment 5–25 Units |
| Valuation | Income |
| Improvement SF | 6,228 SF |
| Land SF | 10,505 SF |
| Acres | 0.241 |
| Year Built | 1971 |
| Legal | LOT 1 GOLDMAN CHARLES SUBD |
| Neighborhood | 05WC3 |
| Land | $682,825 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $682,825 |
| Improvement | $1,217,175 |
|---|---|
| Total Improvement | $1,217,175 |
| Market | $1,900,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,900,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,900,000 |
| Taxable Value | $1,900,000 |
|---|
Appreciation: Market value has risen +29.8% from $1,463,580 (2021) to $1,900,000 (2025), a CAGR of 6.7% over 4 years. This represents moderate, steady growth. 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 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 $38,883. 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 36% of market value ($682,825 land vs $1,217,175 improvements), about $65/SF of land. Most value sits in the improvements, so building condition, age (~55 yrs), and rent roll drive the underwriting.
Submarket Position: At $1,900,000, 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 +6.7% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,632,843 by 2030, with an estimated annual tax burden around $49,596. 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.
11 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 3,200 SF | ✗ |
| 1ST | 1st Floor | 3,118 SF | ✓ |
| 2ND | 2nd Floor | 3,110 SF | ✓ |
| SO | Sketch Only | 1,058 SF | ✗ |
| 011C | PORCH OPEN 1ST COMM | 392 SF | ✗ |
| 012C | PORCH OPEN 2 COMM | 348 SF | ✗ |
| 611 | TERRACE | 322 SF | ✗ |
| 581C | STORAGE ATT COMM | 116 SF | ✓ |
| 132 | PLBG 5-FIXT AVG | 1 SF | ✓ |
| 269 | OBS RANGE DRP-IN | 1 SF | ✓ |
| 413 | STAIRWAY EXT | 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% | $17,578.80 | $17,578.80 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $9,956.32 | $9,956.32 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $7,141.06 | $7,141.06 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,242.44 | $2,242.44 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,964.60 | $1,964.60 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $38,883.22 | $38,883.22 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,020,000 | $1,900,000 | +6.3% |
| Assessed Value | $2,020,000 | $1,900,000 | +6.3% |
| Land Value | $682,825 | $682,825 | +0.0% |
| Improvement Value | $1,337,175 | $1,217,175 | +9.9% |
| Taxable Value | $2,020,000 | $1,900,000 | +6.3% |
| Total Tax 2026 = estimate |
~$41,339
Estimated
|
~$38,883
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $2,027,190 | $2,020,000 | -7,190 (-0.4%) |
| Taxable Value | $2,027,190 | $2,020,000 | -7,190 (-0.4%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,020,000 | $682,825 | $1,337,175 | — | $2,020,000 | $2,020,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,900,000 | $682,825 | $1,217,175 | — | $1,900,000 | $1,900,000 | ~$38,883 | Partial |
| 2024 | $1,575,703 | — | — | −$892,878 | $682,825 | $— | $36,226 | Verified |
| 2023 | $1,557,000 | — | — | −$874,175 | $682,825 | $— | $28,508 | Verified |
| 2022 | $1,449,567 | — | — | −$766,742 | $682,825 | $— | $30,750 | Verified |
| 2021 | $1,463,580 | — | — | −$780,755 | $682,825 | $— | $31,552 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +6.7% | +6.7% | ~100% | Not available | Partial |
| 2025 | +3.9% | +3.9% | ~100% | Not available | Partial |
| 2024 | +16.0% | +16.0% | ~100% | 1.9800% | Verified |
| 2023 | +1.2% | +1.2% | ~100% | 1.8100% | Verified |
| 2022 | +7.4% | +7.4% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1600% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +31.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +6.3% | +6.9% | +5.5% | +20.6% | 2025 | -1.0% | 2022 |
| Assessment Ratio | 100.0% | 63.5% | — | 100.0% | 2025 | 43.3% | 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 |
$38,883 | $33,184 | ~$45,127 | $38,883 | 2025 | $28,508 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,028,093 | ~$2,028,093 | ~2.0139% | ~$40,845 | +6.7% |
| 2027 | ~$2,164,822 | ~$2,164,822 | ~1.9814% | ~$42,894 | +13.9% |
| 2028 | ~$2,310,769 | ~$2,310,769 | ~1.9488% | ~$45,033 | +21.6% |
| 2029 | ~$2,466,555 | ~$2,466,555 | ~1.9163% | ~$47,266 | +29.8% |
| 2030 | ~$2,632,843 | ~$2,632,843 | ~1.8837% | ~$49,596 | +38.6% |
| 2026 | ~$1,990,093 | ~$1,990,093 | ~2.0465% | ~$40,727 | +4.7% |
| 2027 | ~$2,084,458 | ~$2,084,458 | ~2.0465% | ~$42,658 | +9.7% |
| 2028 | ~$2,183,298 | ~$2,183,298 | ~2.0465% | ~$44,681 | +14.9% |
| 2029 | ~$2,286,824 | ~$2,286,824 | ~2.0465% | ~$46,800 | +20.4% |
| 2030 | ~$2,395,259 | ~$2,395,259 | ~2.0465% | ~$49,019 | +26.1% |
| 2026 | ~$2,066,093 | ~$2,066,093 | ~1.9977% | ~$41,274 | +8.7% |
| 2027 | ~$2,246,706 | ~$2,246,706 | ~1.9488% | ~$43,785 | +18.2% |
| 2028 | ~$2,443,107 | ~$2,443,107 | ~1.9000% | ~$46,419 | +28.6% |
| 2029 | ~$2,656,677 | ~$2,656,677 | ~1.8512% | ~$49,180 | +39.8% |
| 2030 | ~$2,888,917 | ~$2,888,917 | ~1.8024% | ~$52,069 | +52.0% |
In 2025, this property's market value of $1,900,000 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 4× 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 | $1,900,000 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $1,575,703 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $1,557,000 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $1,449,567 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $1,463,580 | $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.