4412 MARATHON BLVD TX 78756
| Owner | REAL9720 LLC |
|---|---|
| Parcel ID | 0222031023 |
| Short ID | 219916 |
| Type | Real |
| Use Code | 03 Triplex |
| Valuation | Income |
| Improvement SF | 2,380 SF |
| Land SF | 6,255 SF |
| Acres | 0.144 |
| Year Built | 1935 |
| Legal | LOT 16 BLK 3 ALTA VISTA |
| Neighborhood | Y3005 |
| Land | $553,504 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $553,504 |
| Improvement | $101,912 |
|---|---|
| Total Improvement | $101,912 |
| Market | $655,416 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $655,416 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $655,416 |
| Taxable Value | $655,416 |
|---|
Appreciation: Market value has risen +34.7% from $486,701 (2021) to $655,416 (2025), a CAGR of 7.7% over 4 years. This represents moderate, steady growth. 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 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 $13,413. 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 84% of market value ($553,504 land vs $101,912 improvements), about $88/SF of land. With value concentrated in the land under a ~91-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 $655,416, 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 +7.7% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $950,792 by 2030, with an estimated annual tax burden around $17,910. 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.
4 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 2,380 SF | ✓ |
| 095 | HVAC RESIDENTIAL | 2,380 SF | ✗ |
| 011 | PORCH OPEN 1ST F | 105 SF | ✗ |
| 251 | BATHROOM | 3 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% | $6,063.91 | $6,063.91 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $3,434.49 | $3,434.49 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,463.35 | $2,463.35 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $773.54 | $773.54 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $677.70 | $677.70 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $13,412.99 | $13,412.99 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $655,416 | $655,416 | +0.0% |
| Assessed Value | $655,416 | $655,416 | +0.0% |
| Land Value | $402,548 | $553,504 | -27.3% |
| Improvement Value | $252,868 | $101,912 | +148.1% |
| Taxable Value | $655,416 | $655,416 | +0.0% |
| Total Tax 2026 = estimate |
~$13,413
Estimated
|
~$13,413
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $655,416 | $655,416 | +0 (+0.0%) |
| Taxable Value | $655,416 | $655,416 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $655,416 | $402,548 | $252,868 | — | $655,416 | $655,416 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $655,416 | $553,504 | $101,912 | — | $655,416 | $655,416 | ~$13,413 | Partial |
| 2024 | $845,728 | — | — | −$295,728 | $550,000 | $— | $16,262 | Verified |
| 2023 | $800,676 | — | — | −$250,676 | $550,000 | $— | $15,301 | Verified |
| 2022 | $569,600 | — | — | −$19,600 | $550,000 | $— | $15,813 | Verified |
| 2021 | $486,701 | — | — | −$61,701 | $425,000 | $— | $12,398 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2025 | -20.1% | -20.1% | ~100% | Not available | Partial |
| 2024 | -3.0% | -3.0% | ~100% | 1.9800% | Verified |
| 2023 | +5.6% | +5.6% | ~100% | 1.8100% | Verified |
| 2022 | +39.8% | +39.8% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.5500% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +14.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +8.1% | +7.7% | +40.6% | 2023 | -22.5% | 2025 |
| Assessment Ratio | 100.0% | 86.3% | — | 100.0% | 2025 | 65.0% | 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 |
$13,413 | $14,638 | ~$16,016 | $16,262 | 2024 | $12,398 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$706,042 | ~$706,042 | ~2.0139% | ~$14,219 | +7.7% |
| 2027 | ~$760,579 | ~$760,579 | ~1.9814% | ~$15,070 | +16.0% |
| 2028 | ~$819,329 | ~$819,329 | ~1.9488% | ~$15,967 | +25.0% |
| 2029 | ~$882,616 | ~$882,616 | ~1.9163% | ~$16,913 | +34.7% |
| 2030 | ~$950,792 | ~$950,792 | ~1.8837% | ~$17,910 | +45.1% |
| 2026 | ~$692,934 | ~$692,934 | ~2.0465% | ~$14,181 | +5.7% |
| 2027 | ~$732,600 | ~$732,600 | ~2.0465% | ~$14,993 | +11.8% |
| 2028 | ~$774,536 | ~$774,536 | ~2.0465% | ~$15,851 | +18.2% |
| 2029 | ~$818,873 | ~$818,873 | ~2.0465% | ~$16,758 | +24.9% |
| 2030 | ~$865,747 | ~$865,747 | ~2.0465% | ~$17,717 | +32.1% |
| 2026 | ~$719,151 | ~$719,151 | ~1.9977% | ~$14,366 | +9.7% |
| 2027 | ~$789,083 | ~$789,083 | ~1.9488% | ~$15,378 | +20.4% |
| 2028 | ~$865,816 | ~$865,816 | ~1.9000% | ~$16,451 | +32.1% |
| 2029 | ~$950,010 | ~$950,010 | ~1.8512% | ~$17,587 | +44.9% |
| 2030 | ~$1,042,392 | ~$1,042,392 | ~1.8024% | ~$18,788 | +59.0% |
In 2025, this property's market value of $655,416 places it in the 50th–75th percentile for Multi-Family properties in Travis County (12584 comparable) — +26% 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 | $655,416 | $438,669 | $519,778 | $749,859 | ↑ Above median | -7.5% |
| 2024 | $845,728 | $467,458 | $564,615 | $848,565 | ↑ Above median | -6.3% |
| 2023 | $800,676 | $503,905 | $617,035 | $919,932 | ↑ Above median | +0.9% |
| 2022 | $569,600 | $506,618 | $615,058 | $906,429 | ↓ Below median | +39.1% |
| 2021 | $486,701 | $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.