4609 AVENUE B TX 78751
| Owner | ENTRUST GROUP INC |
|---|---|
| Parcel ID | 0222070204 |
| Short ID | 219998 |
| Type | Real |
| Use Code | 02 Duplex |
| Valuation | Cost |
| Improvement SF | 2,915 SF |
| Land SF | 7,698 SF |
| Acres | 0.177 |
| Year Built | 1984 |
| Legal | LOT 2 BLK 8 HYDE PARK ANNEX |
| Neighborhood | Z65005 |
| Land | $588,411 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $588,411 |
| Improvement | $216,390 |
|---|---|
| Total Improvement | $216,390 |
| Market | $804,801 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $804,801 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $804,801 |
| Taxable Value | $804,801 |
|---|
Appreciation: Market value has risen +43.3% from $561,500 (2021) to $804,801 (2025), a CAGR of 9.4% over 4 years. This is strong appreciation — well above typical inflation. 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 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 $16,470. 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 73% of market value ($588,411 land vs $216,390 improvements), about $76/SF of land. With value concentrated in the land under a ~42-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 $804,801, 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 +9.4% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,262,153 by 2030, with an estimated annual tax burden around $23,776. 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 |
|---|---|---|---|
| 095 | HVAC RESIDENTIAL | 2,915 SF | ✗ |
| 1ST | 1st Floor | 1,906 SF | ✓ |
| 2ND | 2nd Floor | 1,009 SF | ✓ |
| 041 | GARAGE ATT 1ST F | 520 SF | ✓ |
| 011 | PORCH OPEN 1ST F | 230 SF | ✗ |
| 512 | DECK UNCOVRED | 80 SF | ✗ |
| 251 | BATHROOM | 6 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% | $7,446.02 | $7,446.02 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $4,217.29 | $4,217.29 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,024.80 | $3,024.80 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $949.85 | $949.85 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $832.16 | $832.16 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $16,470.12 | $16,470.12 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $905,000 | $804,801 | +12.5% |
| Assessed Value | $905,000 | $804,801 | +12.5% |
| Land Value | $465,714 | $588,411 | -20.9% |
| Improvement Value | $439,286 | $216,390 | +103.0% |
| Taxable Value | $905,000 | $804,801 | +12.5% |
| Total Tax 2026 = estimate |
~$18,521
Estimated
|
~$16,470
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $905,000 | $905,000 | +0 (+0.0%) |
| Taxable Value | $905,000 | $905,000 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $905,000 | $465,714 | $439,286 | — | $905,000 | $905,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $804,801 | $588,411 | $216,390 | — | $804,801 | $804,801 | ~$16,470 | Partial |
| 2024 | $760,154 | — | — | −$182,654 | $577,500 | $— | $17,739 | Verified |
| 2023 | $774,000 | — | — | −$196,500 | $577,500 | $— | $13,753 | Verified |
| 2022 | $636,700 | — | — | −$59,200 | $577,500 | $— | $15,316 | Verified |
| 2021 | $561,500 | — | — | −$194,000 | $367,500 | $— | $13,859 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +12.5% | +12.5% | ~100% | Not available | Partial |
| 2025 | -10.1% | -10.1% | ~100% | Not available | Partial |
| 2024 | +17.8% | +17.8% | ~100% | 1.9800% | Verified |
| 2023 | -5.5% | -5.5% | ~100% | 1.8100% | Verified |
| 2022 | +26.4% | +26.4% | ~100% | 1.9000% | Verified |
| 2021 | base year | — | ~100% | 2.4700% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +26.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +12.5% | +10.3% | +7.0% | +21.6% | 2023 | -1.8% | 2024 |
| Assessment Ratio | 100.0% | 84.5% | — | 100.0% | 2025 | 65.4% | 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 |
$16,470 | $15,427 | ~$20,651 | $17,739 | 2024 | $13,753 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$880,589 | ~$880,589 | ~2.0139% | ~$17,735 | +9.4% |
| 2027 | ~$963,514 | ~$963,514 | ~1.9814% | ~$19,091 | +19.7% |
| 2028 | ~$1,054,247 | ~$1,054,247 | ~1.9488% | ~$20,546 | +31.0% |
| 2029 | ~$1,153,526 | ~$1,153,526 | ~1.9163% | ~$22,105 | +43.3% |
| 2030 | ~$1,262,153 | ~$1,262,153 | ~1.8837% | ~$23,776 | +56.8% |
| 2026 | ~$864,493 | ~$864,493 | ~2.0465% | ~$17,692 | +7.4% |
| 2027 | ~$928,612 | ~$928,612 | ~2.0465% | ~$19,004 | +15.4% |
| 2028 | ~$997,487 | ~$997,487 | ~2.0465% | ~$20,413 | +23.9% |
| 2029 | ~$1,071,470 | ~$1,071,470 | ~2.0465% | ~$21,927 | +33.1% |
| 2030 | ~$1,150,941 | ~$1,150,941 | ~2.0465% | ~$23,554 | +43.0% |
| 2026 | ~$896,685 | ~$885,281 | ~1.9977% | ~$17,685 | +11.4% |
| 2027 | ~$999,059 | ~$973,809 | ~1.9488% | ~$18,978 | +24.1% |
| 2028 | ~$1,113,121 | ~$1,071,190 | ~1.9000% | ~$20,353 | +38.3% |
| 2029 | ~$1,240,206 | ~$1,178,309 | ~1.8512% | ~$21,813 | +54.1% |
| 2030 | ~$1,381,800 | ~$1,296,140 | ~1.8024% | ~$23,361 | +71.7% |
In 2025, this property's market value of $804,801 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — +55% 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 | $804,801 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $760,154 | $467,458 | $564,615 | $848,565 | ↑ Above median | -6.3% |
| 2023 | $774,000 | $503,905 | $617,035 | $919,932 | ↑ Above median | +0.9% |
| 2022 | $636,700 | $506,618 | $615,058 | $906,429 | ↑ Above median | +39.1% |
| 2021 | $561,500 | $300,453 | $376,850 | $539,896 | ↑ Top 25% | 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.