4501 AVENUE C TX 78751
| Owner | ORR CRAGIN THOMAS |
|---|---|
| Parcel ID | 0222070401 |
| Short ID | 220008 |
| Type | Real |
| Use Code | 02 Duplex |
| Valuation | Cost |
| Improvement SF | 1,612 SF |
| Land SF | 5,751 SF |
| Acres | 0.132 |
| Year Built | 1950 |
| Legal | S 42.67FT LOT 15 BLK 6 HYDE PARK ANNEX |
| Neighborhood | Z65005 |
| Land | $495,701 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $495,701 |
| Improvement | $9,299 |
|---|---|
| Total Improvement | $9,299 |
| Market | $505,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $505,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $505,000 |
| Taxable Value | $505,000 |
|---|
Appreciation: Market value has risen +17.8% from $428,517 (2021) to $505,000 (2025), a CAGR of 4.2% 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 $10,335. 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 98% of market value ($495,701 land vs $9,299 improvements), about $86/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 $505,000, this parcel sits in the lower-middle (25th–50th 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 +4.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $620,077 by 2030, with an estimated annual tax burden around $11,681. 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 | 1,612 SF | ✗ |
| 1ST | 1st Floor | 1,036 SF | ✓ |
| 2ND | 2nd Floor | 576 SF | ✓ |
| 011 | PORCH OPEN 1ST F | 128 SF | ✗ |
| 512 | DECK UNCOVRED | 112 SF | ✗ |
| 251 | BATHROOM | 3 SF | ✓ |
| 413 | STAIRWAY EXT | 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% | $4,672.26 | $4,672.26 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $2,646.29 | $2,646.29 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,898.02 | $1,898.02 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $596.02 | $596.02 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $522.17 | $522.17 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $10,334.76 | $10,334.76 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $512,307 | $505,000 | +1.4% |
| Assessed Value | $512,307 | $505,000 | +1.4% |
| Land Value | $367,062 | $495,701 | -26.0% |
| Improvement Value | $145,245 | $9,299 | +1461.9% |
| Taxable Value | $512,307 | $505,000 | +1.4% |
| Total Tax 2026 = estimate |
~$10,484
Estimated
|
~$10,335
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $628,726 | $512,307 | -116,419 (-18.5%) |
| Taxable Value | $628,726 | $512,307 | -116,419 (-18.5%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $512,307 | $367,062 | $145,245 | — | $512,307 | $512,307 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $505,000 | $495,701 | $9,299 | — | $505,000 | $505,000 | ~$10,335 | Partial |
| 2024 | $566,614 | — | — | −$71,614 | $495,000 | $— | $11,388 | Verified |
| 2023 | $609,807 | — | — | −$114,807 | $495,000 | $— | $10,251 | Verified |
| 2022 | $474,847 | — | — | — | $495,000 ! | $— | $12,043 | Verified |
| 2021 | $428,517 | — | — | −$113,517 | $315,000 | $— | $10,336 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +24.5% | +24.5% | ~100% | Not available | Partial |
| 2025 | -12.1% | -12.1% | ~100% | Not available | Partial |
| 2024 | +1.4% | +1.4% | ~100% | 1.9800% | Verified |
| 2023 | -7.1% | -7.1% | ~100% | 1.8100% | Verified |
| 2022 | +28.4% | +28.4% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.4100% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +6.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +1.4% | +4.5% | +3.9% | +28.4% | 2023 | -10.9% | 2025 |
| Assessment Ratio | 100.0% | 91.0% | — | 104.2% | 2022 | 73.5% | 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 |
$10,335 | $10,871 | ~$11,135 | $12,043 | 2022 | $10,251 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$526,165 | ~$526,165 | ~2.0139% | ~$10,597 | +4.2% |
| 2027 | ~$548,218 | ~$548,218 | ~1.9814% | ~$10,862 | +8.6% |
| 2028 | ~$571,194 | ~$571,194 | ~1.9488% | ~$11,132 | +13.1% |
| 2029 | ~$595,134 | ~$595,134 | ~1.9163% | ~$11,404 | +17.8% |
| 2030 | ~$620,077 | ~$620,077 | ~1.8837% | ~$11,681 | +22.8% |
| 2026 | ~$516,065 | ~$516,065 | ~2.0465% | ~$10,561 | +2.2% |
| 2027 | ~$527,373 | ~$527,373 | ~2.0465% | ~$10,793 | +4.4% |
| 2028 | ~$538,929 | ~$538,929 | ~2.0465% | ~$11,029 | +6.7% |
| 2029 | ~$550,737 | ~$550,737 | ~2.0465% | ~$11,271 | +9.1% |
| 2030 | ~$562,805 | ~$562,805 | ~2.0465% | ~$11,518 | +11.4% |
| 2026 | ~$536,265 | ~$536,265 | ~1.9977% | ~$10,713 | +6.2% |
| 2027 | ~$569,466 | ~$569,466 | ~1.9488% | ~$11,098 | +12.8% |
| 2028 | ~$604,723 | ~$604,723 | ~1.9000% | ~$11,490 | +19.7% |
| 2029 | ~$642,162 | ~$642,162 | ~1.8512% | ~$11,888 | +27.2% |
| 2030 | ~$681,919 | ~$681,919 | ~1.8024% | ~$12,291 | +35.0% |
In 2025, this property's market value of $505,000 places it in the 25th–50th percentile for Multi-Family properties in Travis County (12584 comparable) — -3% below 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 | $505,000 | $438,669 | $519,778 | $749,859 | ↓ Below median | -7.5% |
| 2024 | $566,614 | $467,458 | $564,615 | $848,565 | ↑ Above median | -6.3% |
| 2023 | $609,807 | $503,905 | $617,035 | $919,932 | ↓ Below median | +0.9% |
| 2022 | $474,847 | $506,618 | $615,058 | $906,429 | ↓ Bottom 25% | +39.1% |
| 2021 | $428,517 | $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.