4501 AVENUE B TX 78751
| Owner | 4501 AVENUE B LLC |
|---|---|
| Parcel ID | 0222070127 |
| Short ID | 219988 |
| Type | Real |
| Use Code | 02 Duplex |
| Valuation | Cost |
| Improvement SF | 1,800 SF |
| Land SF | 6,590 SF |
| Acres | 0.151 |
| Year Built | 1950 |
| Legal | S 60 X 106FT OF LOT 15 BLK 7 HYDE PARK ANNEX |
| Neighborhood | Z65005 |
| Land | $507,241 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $507,241 |
| Improvement | $177,057 |
|---|---|
| Total Improvement | $177,057 |
| Market | $684,298 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $684,298 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $684,298 |
| Taxable Value | $684,298 |
|---|
Appreciation: Market value has risen +52.7% from $448,200 (2021) to $684,298 (2025), a CAGR of 11.2% 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 $14,004. 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 74% of market value ($507,241 land vs $177,057 improvements), about $77/SF of land. With value concentrated in the land under a ~76-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 $684,298, 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 +11.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,161,347 by 2030, with an estimated annual tax burden around $20,760. 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 | 1,800 SF | ✓ |
| 095 | HVAC RESIDENTIAL | 1,800 SF | ✗ |
| 011 | PORCH OPEN 1ST F | 76 SF | ✗ |
| 251 | BATHROOM | 4 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% | $6,331.13 | $6,331.13 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $3,585.84 | $3,585.84 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,571.90 | $2,571.90 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $807.63 | $807.63 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $707.56 | $707.56 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $14,004.06 | $14,004.06 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $773,517 | $684,298 | +13.0% |
| Assessed Value | $773,517 | $684,298 | +13.0% |
| Land Value | $392,554 | $507,241 | -22.6% |
| Improvement Value | $380,963 | $177,057 | +115.2% |
| Taxable Value | $773,517 | $684,298 | +13.0% |
| Total Tax 2026 = estimate |
~$15,830
Estimated
|
~$14,004
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $773,517 | $773,517 | +0 (+0.0%) |
| Taxable Value | $773,517 | $773,517 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $773,517 | $392,554 | $380,963 | — | $773,517 | $773,517 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $684,298 | $507,241 | $177,057 | — | $684,298 | $684,298 | ~$14,004 | Partial |
| 2024 | $625,513 | — | — | −$130,513 | $495,000 | $— | $12,776 | Verified |
| 2023 | $838,871 | — | — | −$343,871 | $495,000 | $— | $11,317 | Verified |
| 2022 | $509,900 | — | — | −$14,900 | $495,000 | $— | $16,567 | Verified |
| 2021 | $448,200 | — | — | −$133,200 | $315,000 | $— | $11,099 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +13.0% | +13.0% | ~100% | Not available | Partial |
| 2025 | +6.1% | +6.1% | ~100% | Not available | Partial |
| 2024 | +3.1% | +3.1% | ~100% | 1.9800% | Verified |
| 2023 | -25.4% | -25.4% | ~100% | 1.8100% | Verified |
| 2022 | +47.0% | +47.0% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.4800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +19.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +13.0% | +15.1% | +8.6% | +64.5% | 2023 | -25.4% | 2024 |
| Assessment Ratio | 100.0% | 84.2% | — | 100.0% | 2025 | 59.0% | 2023 |
| 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 |
$14,004 | $13,153 | ~$17,855 | $16,567 | 2022 | $11,099 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$760,657 | ~$752,728 | ~2.0139% | ~$15,159 | +11.2% |
| 2027 | ~$845,536 | ~$828,001 | ~1.9814% | ~$16,406 | +23.6% |
| 2028 | ~$939,886 | ~$910,801 | ~1.9488% | ~$17,750 | +37.4% |
| 2029 | ~$1,044,765 | ~$1,001,881 | ~1.9163% | ~$19,199 | +52.7% |
| 2030 | ~$1,161,347 | ~$1,102,069 | ~1.8837% | ~$20,760 | +69.7% |
| 2026 | ~$746,971 | ~$746,971 | ~2.0465% | ~$15,287 | +9.2% |
| 2027 | ~$815,383 | ~$815,383 | ~2.0465% | ~$16,687 | +19.2% |
| 2028 | ~$890,062 | ~$890,062 | ~2.0465% | ~$18,215 | +30.1% |
| 2029 | ~$971,579 | ~$971,579 | ~2.0465% | ~$19,883 | +42.0% |
| 2030 | ~$1,060,563 | ~$1,060,563 | ~2.0465% | ~$21,704 | +55.0% |
| 2026 | ~$774,343 | ~$752,728 | ~1.9977% | ~$15,037 | +13.2% |
| 2027 | ~$876,236 | ~$828,001 | ~1.9488% | ~$16,136 | +28.0% |
| 2028 | ~$991,537 | ~$910,801 | ~1.9000% | ~$17,305 | +44.9% |
| 2029 | ~$1,122,010 | ~$1,001,881 | ~1.8512% | ~$18,547 | +64.0% |
| 2030 | ~$1,269,651 | ~$1,102,069 | ~1.8024% | ~$19,863 | +85.5% |
In 2025, this property's market value of $684,298 places it in the 50th–75th percentile for Multi-Family properties in Travis County (12584 comparable) — +32% 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 | $684,298 | $438,669 | $519,778 | $749,859 | ↑ Above median | -7.5% |
| 2024 | $625,513 | $467,458 | $564,615 | $848,565 | ↑ Above median | -6.3% |
| 2023 | $838,871 | $503,905 | $617,035 | $919,932 | ↑ Above median | +0.9% |
| 2022 | $509,900 | $506,618 | $615,058 | $906,429 | ↓ Below median | +39.1% |
| 2021 | $448,200 | $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.