1209 E 52 ST TX 78723
| Owner | 1209 EAST APARTMENTS LLC |
|---|---|
| Parcel ID | 0221130240 |
| Short ID | 218525 |
| Type | Real |
| Use Code | 05 Apartment 5–25 Units |
| Valuation | Income |
| Improvement SF | 3,597 SF |
| Land SF | 12,213 SF |
| Acres | 0.280 |
| Year Built | 1963 |
| Legal | LOT 1 RESUB OF PT OF LOT 4&5 RIDGETOP GARDENS LAFUENTE SUBD |
| Neighborhood | 05NEM |
| Land | $366,390 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $366,390 |
| Improvement | $442,935 |
|---|---|
| Total Improvement | $442,935 |
| Market | $809,325 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $809,325 |
| Value Limitation Adjustment (−) (homestead cap) | −$270,560 |
| Net Appraised (assessed) | $538,765 |
| Taxable Value | $538,765 |
|---|
Appreciation: Market value has risen +50.0% from $539,550 (2021) to $809,325 (2025), a CAGR of 10.7% over 4 years. This is strong appreciation — well above typical inflation. 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 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 $11,026. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Assessment Gap: Assessed value ($538,765) is $270,560 below market value, suggesting potential for an upward assessment in future years.
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 45% of market value ($366,390 land vs $442,935 improvements), about $30/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $809,325, 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 +10.7% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,343,498 by 2030, with an estimated annual tax burden around $16,345. 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.
6 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 3,597 SF | ✓ |
| 551 | PAVED AREA | 2,500 SF | ✗ |
| 011C | PORCH OPEN 1ST COMM | 611 SF | ✗ |
| 581C | STORAGE ATT COMM | 84 SF | ✓ |
| 132 | PLBG 5-FIXT AVG | 1 SF | ✓ |
| 531 | OBS FENCE | 1 SF | ✗ |
Market value changed by 80% in 2025, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| 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% | $4,984.65 | $4,984.65 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $2,823.22 | $2,823.22 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,024.92 | $2,024.92 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $635.87 | $635.87 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $557.08 | $557.08 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $11,025.74 | $11,025.74 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $809,325 | $809,325 | +0.0% |
| Assessed Value | $646,518 | $538,765 | +20.0% |
| Land Value | $366,390 | $366,390 | +0.0% |
| Improvement Value | $442,935 | $442,935 | +0.0% |
| Taxable Value | $646,518 | $538,765 | +20.0% |
| HS Cap Loss | -$162,807 | — | |
| Total Tax 2026 = estimate |
~$13,231
Estimated
|
~$11,026
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $809,325 | $809,325 | +0 (+0.0%) |
| Taxable Value | $646,518 | $646,518 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $809,325 | $366,390 | $442,935 | −$162,807 | $646,518 | $646,518 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $809,325 | $366,390 | $442,935 | −$270,560 | $538,765 | $538,765 | ~$11,026 | Partial |
| 2024 | $400,000 | — | — | −$33,610 | $366,390 | $— | $6,984 | Verified |
| 2023 | $610,745 | — | — | −$244,355 | $366,390 | $— | $5,686 | Verified |
| 2022 | $— | — | — | — | $366,390 | $— | $9,464 | Verified |
| 2021 | $539,550 | — | — | −$173,160 | $366,390 | $— | $11,745 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.0% | +20.0% | 79.9% | Not available | Partial |
| 2025 | +80.3% ! | +20.0% | 66.6% | Not available | Partial |
| 2024 | -34.2% | -34.2% | ~100% | 1.5600% | Verified |
| 2023 | +11.7% | +11.7% | ~100% | 0.8300% | Verified |
| 2022 | -10.6% | -10.6% | ~100% | 1.5500% | Verified |
| 2021 | base year | — | ~100% | 2.1800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +18.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +20.2% | +10.7% | +102.3% | 2025 | -34.5% | 2024 |
| Assessment Ratio | 79.9% | 73.2% | — | 91.6% | 2024 | 60.0% | 2023 |
| Effective Tax Rate (2025) | 1.3600% | 1.3600% | — | 1.3600% | 2025 | 1.3600% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$11,026 | $8,860 | ~$14,058 | $11,745 | 2021 | $5,686 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$895,665 | ~$592,642 | ~2.0139% | ~$11,935 | +10.7% |
| 2027 | ~$991,217 | ~$651,906 | ~1.9814% | ~$12,917 | +22.5% |
| 2028 | ~$1,096,962 | ~$717,096 | ~1.9488% | ~$13,975 | +35.5% |
| 2029 | ~$1,213,987 | ~$788,806 | ~1.9163% | ~$15,116 | +50.0% |
| 2030 | ~$1,343,498 | ~$867,686 | ~1.8837% | ~$16,345 | +66.0% |
| 2026 | ~$879,479 | ~$592,642 | ~2.0465% | ~$12,128 | +8.7% |
| 2027 | ~$955,714 | ~$651,906 | ~2.0465% | ~$13,341 | +18.1% |
| 2028 | ~$1,038,557 | ~$717,096 | ~2.0465% | ~$14,675 | +28.3% |
| 2029 | ~$1,128,581 | ~$788,806 | ~2.0465% | ~$16,143 | +39.4% |
| 2030 | ~$1,226,409 | ~$867,686 | ~2.0465% | ~$17,757 | +51.5% |
| 2026 | ~$911,852 | ~$592,642 | ~1.9977% | ~$11,839 | +12.7% |
| 2027 | ~$1,027,367 | ~$651,906 | ~1.9488% | ~$12,705 | +26.9% |
| 2028 | ~$1,157,516 | ~$717,096 | ~1.9000% | ~$13,625 | +43.0% |
| 2029 | ~$1,304,152 | ~$788,806 | ~1.8512% | ~$14,602 | +61.1% |
| 2030 | ~$1,469,365 | ~$867,686 | ~1.8024% | ~$15,639 | +81.6% |
In 2025, this property's market value of $809,325 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — +56% 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 | $809,325 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $400,000 | $467,458 | $564,615 | $848,565 | ↓ Bottom 25% | -6.3% |
| 2023 | $610,745 | $503,905 | $617,035 | $919,932 | ↓ Below median | +0.9% |
| 2022 | — | $506,618 | $615,058 | $906,429 | — | +39.1% |
| 2021 | $539,550 | $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.