207 W 45 ST TX 78751
| Owner | KAVOUSSI SHAHRYAR K & MANDANA |
|---|---|
| Parcel ID | 0221051608 |
| Short ID | 218141 |
| Type | Real |
| Use Code | 02 Duplex |
| Valuation | Cost |
| Improvement SF | 1,056 SF |
| Land SF | 3,485 SF |
| Acres | 0.080 |
| Year Built | 1929 |
| Legal | 0.08 AC OF LOTS 1-4 BLK 6 HYDE PARK ADDN NO 1 |
| Neighborhood | Z65005 |
| Land | $408,707 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $408,707 |
| Improvement | $86,889 |
|---|---|
| Total Improvement | $86,889 |
| Market | $495,596 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $495,596 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $495,596 |
| Taxable Value | $495,596 |
|---|
Appreciation: Market value has risen +34.2% from $369,400 (2021) to $495,596 (2025), a CAGR of 7.6% over 4 years. This represents moderate, steady growth. 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 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 $10,142. 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 82% of market value ($408,707 land vs $86,889 improvements), about $117/SF of land. With value concentrated in the land under a ~97-year-old structure, this reads as a land-dominated asset — the classic higher-and-best-use / redevelopment signal. Underwrite the dirt, not the building.
Submarket Position: At $495,596, this parcel sits in the lower-middle (25th–50th 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 +7.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $715,594 by 2030, with an estimated annual tax burden around $13,480. 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 | 1,056 SF | ✓ |
| 011 | PORCH OPEN 1ST F | 132 SF | ✗ |
| 251 | BATHROOM | 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% | $4,585.25 | $4,585.25 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $2,597.01 | $2,597.01 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,862.67 | $1,862.67 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $584.92 | $584.92 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $512.45 | $512.45 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $10,142.30 | $10,142.30 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $345,053 | $495,596 | -30.4% |
| Assessed Value | $345,053 | $495,596 | -30.4% |
| Land Value | $276,828 | $408,707 | -32.3% |
| Improvement Value | $68,225 | $86,889 | -21.5% |
| Taxable Value | $345,053 | $495,596 | -30.4% |
| Total Tax 2026 = estimate |
~$7,061
Estimated
|
~$10,142
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $417,464 | $345,053 | -72,411 (-17.3%) |
| Taxable Value | $417,464 | $345,053 | -72,411 (-17.3%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $345,053 | $276,828 | $68,225 | — | $345,053 | $345,053 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $495,596 | $408,707 | $86,889 | — | $495,596 | $495,596 | ~$10,142 | Partial |
| 2024 | $442,915 | — | — | −$45,540 | $397,375 | $— | $10,415 | Verified |
| 2023 | $450,000 | — | — | −$52,625 | $397,375 | $— | $8,013 | Verified |
| 2022 | $430,280 | — | — | −$32,905 | $397,375 | $— | $8,887 | Verified |
| 2021 | $369,400 | — | — | −$116,525 | $252,875 | $— | $6,112 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -15.8% | -15.8% | ~100% | Not available | Partial |
| 2025 | -5.7% | -5.7% | ~100% | Not available | Partial |
| 2024 | +18.7% | +18.7% | ~100% | 1.9800% | Verified |
| 2023 | -1.6% | -1.6% | ~100% | 1.8100% | Verified |
| 2022 | +4.6% | +10.7% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | 94.4% | 1.6500% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +15.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -30.4% | +0.2% | +17.0% | +16.5% | 2022 | -30.4% | 2026 |
| Assessment Ratio | 100.0% | 89.8% | — | 100.0% | 2025 | 68.5% | 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 |
$10,142 | $8,714 | ~$12,075 | $10,415 | 2024 | $6,112 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$533,379 | ~$533,379 | ~2.0139% | ~$10,742 | +7.6% |
| 2027 | ~$574,041 | ~$574,041 | ~1.9814% | ~$11,374 | +15.8% |
| 2028 | ~$617,804 | ~$617,804 | ~1.9488% | ~$12,040 | +24.7% |
| 2029 | ~$664,904 | ~$664,904 | ~1.9163% | ~$12,741 | +34.2% |
| 2030 | ~$715,594 | ~$715,594 | ~1.8837% | ~$13,480 | +44.4% |
| 2026 | ~$523,467 | ~$523,467 | ~2.0465% | ~$10,713 | +5.6% |
| 2027 | ~$552,905 | ~$552,905 | ~2.0465% | ~$11,315 | +11.6% |
| 2028 | ~$583,998 | ~$583,998 | ~2.0465% | ~$11,951 | +17.8% |
| 2029 | ~$616,840 | ~$616,840 | ~2.0465% | ~$12,624 | +24.5% |
| 2030 | ~$651,529 | ~$651,529 | ~2.0465% | ~$13,333 | +31.5% |
| 2026 | ~$543,290 | ~$543,290 | ~1.9977% | ~$10,853 | +9.6% |
| 2027 | ~$595,575 | ~$595,575 | ~1.9488% | ~$11,607 | +20.2% |
| 2028 | ~$652,891 | ~$652,891 | ~1.9000% | ~$12,405 | +31.7% |
| 2029 | ~$715,723 | ~$715,723 | ~1.8512% | ~$13,249 | +44.4% |
| 2030 | ~$784,601 | ~$784,601 | ~1.8024% | ~$14,141 | +58.3% |
In 2025, this property's market value of $495,596 places it in the 25th–50th percentile for Multi-Family properties in Travis County (12584 comparable) — -5% below 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 | $495,596 | $438,669 | $519,778 | $749,859 | ↓ Below median | -7.5% |
| 2024 | $442,915 | $467,458 | $564,615 | $848,565 | ↓ Bottom 25% | -6.3% |
| 2023 | $450,000 | $503,905 | $617,035 | $919,932 | ↓ Bottom 25% | +0.9% |
| 2022 | $430,280 | $506,618 | $615,058 | $906,429 | ↓ Bottom 25% | +39.1% |
| 2021 | $369,400 | $300,453 | $376,850 | $539,896 | ↓ Below 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.