4603 AVENUE H TX 78751
| Owner | HAMRIC DARRELL TRUST & |
|---|---|
| Parcel ID | 0221080915 |
| Short ID | 218327 |
| Type | Real |
| Use Code | 02 Duplex |
| Valuation | Cost |
| Improvement SF | 1,806 SF |
| Land SF | 7,582 SF |
| Acres | 0.174 |
| Year Built | 1949 |
| Legal | BLK 14 *50X141.88FT HYDE PARK ANNEX |
| Neighborhood | Z65005 |
| Land | $582,010 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $582,010 |
| Improvement | $149,131 |
|---|---|
| Total Improvement | $149,131 |
| Market | $731,141 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $731,141 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $731,141 |
| Taxable Value | $731,141 |
|---|
Appreciation: Market value has risen +40.7% from $519,600 (2021) to $731,141 (2025), a CAGR of 8.9% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2022→2023), 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 $14,963. 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 80% of market value ($582,010 land vs $149,131 improvements), about $77/SF of land. With value concentrated in the land under a ~77-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 $731,141, 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 +8.9% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,120,511 by 2030, with an estimated annual tax burden around $21,108. 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.
7 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 1,806 SF | ✓ |
| 095 | HVAC RESIDENTIAL | 1,806 SF | ✗ |
| 011 | PORCH OPEN 1ST F | 358 SF | ✗ |
| 581 | STORAGE ATT | 120 SF | ✓ |
| 512 | DECK UNCOVRED | 40 SF | ✗ |
| 522 | FIREPLACE | 2 SF | ✓ |
| 251 | BATHROOM | 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% | $6,764.52 | $6,764.52 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $3,831.30 | $3,831.30 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,747.96 | $2,747.96 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $862.91 | $862.91 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $756.00 | $756.00 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $14,962.69 | $14,962.69 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $782,134 | $731,141 | +7.0% |
| Assessed Value | $782,134 | $731,141 | +7.0% |
| Land Value | $463,095 | $582,010 | -20.4% |
| Improvement Value | $319,039 | $149,131 | +113.9% |
| Taxable Value | $782,134 | $731,141 | +7.0% |
| Total Tax 2026 = estimate |
~$16,006
Estimated
|
~$14,963
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $782,134 | $782,134 | +0 (+0.0%) |
| Taxable Value | $782,134 | $782,134 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $782,134 | $463,095 | $319,039 | — | $782,134 | $782,134 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $731,141 | $582,010 | $149,131 | — | $731,141 | $731,141 | ~$14,963 | Partial |
| 2024 | $678,059 | — | — | −$100,559 | $577,500 | $— | $15,793 | Verified |
| 2023 | $724,440 | — | — | −$146,940 | $577,500 | $— | $12,268 | Verified |
| 2022 | $579,200 | — | — | −$1,700 | $577,500 | $— | $14,307 | Verified |
| 2021 | $519,600 | — | — | −$152,100 | $367,500 | $— | $12,607 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +7.0% | +7.0% | ~100% | Not available | Partial |
| 2025 | -8.2% | -8.2% | ~100% | Not available | Partial |
| 2024 | +17.5% | +17.5% | ~100% | 1.9800% | Verified |
| 2023 | -6.4% | -6.4% | ~100% | 1.8100% | Verified |
| 2022 | +25.1% | +25.1% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.4300% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +26.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +7.0% | +9.0% | +7.5% | +25.1% | 2023 | -6.4% | 2024 |
| Assessment Ratio | 100.0% | 89.2% | — | 100.0% | 2025 | 70.7% | 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 |
$14,963 | $13,988 | ~$18,491 | $15,793 | 2024 | $12,268 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$796,314 | ~$796,314 | ~2.0139% | ~$16,037 | +8.9% |
| 2027 | ~$867,296 | ~$867,296 | ~1.9814% | ~$17,184 | +18.6% |
| 2028 | ~$944,605 | ~$944,605 | ~1.9488% | ~$18,409 | +29.2% |
| 2029 | ~$1,028,805 | ~$1,028,805 | ~1.9163% | ~$19,715 | +40.7% |
| 2030 | ~$1,120,511 | ~$1,120,511 | ~1.8837% | ~$21,108 | +53.3% |
| 2026 | ~$781,691 | ~$781,691 | ~2.0465% | ~$15,997 | +6.9% |
| 2027 | ~$835,735 | ~$835,735 | ~2.0465% | ~$17,103 | +14.3% |
| 2028 | ~$893,517 | ~$893,517 | ~2.0465% | ~$18,286 | +22.2% |
| 2029 | ~$955,293 | ~$955,293 | ~2.0465% | ~$19,550 | +30.7% |
| 2030 | ~$1,021,340 | ~$1,021,340 | ~2.0465% | ~$20,902 | +39.7% |
| 2026 | ~$810,936 | ~$804,255 | ~1.9977% | ~$16,066 | +10.9% |
| 2027 | ~$899,441 | ~$884,681 | ~1.9488% | ~$17,241 | +23.0% |
| 2028 | ~$997,604 | ~$973,149 | ~1.9000% | ~$18,490 | +36.4% |
| 2029 | ~$1,106,481 | ~$1,070,464 | ~1.8512% | ~$19,816 | +51.3% |
| 2030 | ~$1,227,240 | ~$1,177,510 | ~1.8024% | ~$21,223 | +67.9% |
In 2025, this property's market value of $731,141 places it in the 50th–75th percentile for Multi-Family properties in Travis County (12584 comparable) — +41% 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 | $731,141 | $438,669 | $519,778 | $749,859 | ↑ Above median | -7.5% |
| 2024 | $678,059 | $467,458 | $564,615 | $848,565 | ↑ Above median | -6.3% |
| 2023 | $724,440 | $503,905 | $617,035 | $919,932 | ↑ Above median | +0.9% |
| 2022 | $579,200 | $506,618 | $615,058 | $906,429 | ↓ Below median | +39.1% |
| 2021 | $519,600 | $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.