208 W 45 ST TX 78751
| Owner | LUH JEFF & JESSICA |
|---|---|
| Parcel ID | 0222070433 |
| Short ID | 220040 |
| Type | Real |
| Use Code | 02 Duplex |
| Valuation | Cost |
| Improvement SF | 1,032 SF |
| Land SF | 3,932 SF |
| Acres | 0.090 |
| Year Built | 1940 |
| Legal | W50 FT OF LOT 16 BLK 6 HYDE PARK ANNEX |
| Neighborhood | Z65005 |
| Land | $443,805 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $443,805 |
| Improvement | $66,374 |
|---|---|
| Total Improvement | $66,374 |
| Market | $510,179 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $510,179 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $510,179 |
| Taxable Value | $510,179 |
|---|
Appreciation: Market value has risen +41.0% from $361,879 (2021) to $510,179 (2025), a CAGR of 9.0% 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 $10,441. 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 87% of market value ($443,805 land vs $66,374 improvements), about $113/SF of land. With value concentrated in the land under a ~86-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 $510,179, 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 +9.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $783,739 by 2030, with an estimated annual tax burden around $14,764. 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.
5 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 1,032 SF | ✓ |
| 095 | HVAC RESIDENTIAL | 1,032 SF | ✗ |
| 011 | PORCH OPEN 1ST F | 72 SF | ✗ |
| 251 | BATHROOM | 2 SF | ✓ |
| 252 | BEDROOMS | 2 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% | $4,720.18 | $4,720.18 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $2,673.42 | $2,673.42 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,917.48 | $1,917.48 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $602.13 | $602.13 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $527.53 | $527.53 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $10,440.74 | $10,440.74 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $421,283 | $510,179 | -17.4% |
| Assessed Value | $421,283 | $510,179 | -17.4% |
| Land Value | $308,188 | $443,805 | -30.6% |
| Improvement Value | $113,095 | $66,374 | +70.4% |
| Taxable Value | $421,283 | $510,179 | -17.4% |
| Total Tax 2026 = estimate |
~$8,621
Estimated
|
~$10,441
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $493,884 | $421,283 | -72,601 (-14.7%) |
| Taxable Value | $493,884 | $421,283 | -72,601 (-14.7%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $421,283 | $308,188 | $113,095 | — | $421,283 | $421,283 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $510,179 | $443,805 | $66,374 | — | $510,179 | $510,179 | ~$10,441 | Partial |
| 2024 | $550,969 | — | — | −$130,219 | $420,750 | $— | $10,898 | Verified |
| 2023 | $583,769 | — | — | −$163,019 | $420,750 | $— | $9,968 | Verified |
| 2022 | $429,312 | — | — | −$8,562 | $420,750 | $— | $11,529 | Verified |
| 2021 | $361,879 | — | — | −$94,129 | $267,750 | $— | $9,345 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -3.2% | -3.2% | ~100% | Not available | Partial |
| 2025 | -7.2% | -7.2% | ~100% | Not available | Partial |
| 2024 | -0.2% | -0.2% | ~100% | 1.9800% | Verified |
| 2023 | -5.6% | -5.6% | ~100% | 1.8100% | Verified |
| 2022 | +36.0% | +36.0% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.5800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +18.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -17.4% | +4.8% | +13.6% | +36.0% | 2023 | -17.4% | 2026 |
| Assessment Ratio | 100.0% | 86.8% | — | 100.0% | 2025 | 72.1% | 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 |
$10,441 | $10,436 | ~$12,922 | $11,529 | 2022 | $9,345 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$555,920 | ~$555,920 | ~2.0139% | ~$11,196 | +9.0% |
| 2027 | ~$605,762 | ~$605,762 | ~1.9814% | ~$12,002 | +18.7% |
| 2028 | ~$660,073 | ~$660,073 | ~1.9488% | ~$12,864 | +29.4% |
| 2029 | ~$719,253 | ~$719,253 | ~1.9163% | ~$13,783 | +41.0% |
| 2030 | ~$783,739 | ~$783,739 | ~1.8837% | ~$14,764 | +53.6% |
| 2026 | ~$545,717 | ~$545,717 | ~2.0465% | ~$11,168 | +7.0% |
| 2027 | ~$583,729 | ~$583,729 | ~2.0465% | ~$11,946 | +14.4% |
| 2028 | ~$624,390 | ~$624,390 | ~2.0465% | ~$12,778 | +22.4% |
| 2029 | ~$667,883 | ~$667,883 | ~2.0465% | ~$13,668 | +30.9% |
| 2030 | ~$714,406 | ~$714,406 | ~2.0465% | ~$14,620 | +40.0% |
| 2026 | ~$566,124 | ~$561,197 | ~1.9977% | ~$11,211 | +11.0% |
| 2027 | ~$628,203 | ~$617,317 | ~1.9488% | ~$12,031 | +23.1% |
| 2028 | ~$697,090 | ~$679,048 | ~1.9000% | ~$12,902 | +36.6% |
| 2029 | ~$773,531 | ~$746,953 | ~1.8512% | ~$13,828 | +51.6% |
| 2030 | ~$858,354 | ~$821,648 | ~1.8024% | ~$14,809 | +68.2% |
In 2025, this property's market value of $510,179 places it in the 25th–50th percentile for Multi-Family properties in Travis County (12584 comparable) — -2% 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 | $510,179 | $438,669 | $519,778 | $749,859 | ↓ Below median | -7.5% |
| 2024 | $550,969 | $467,458 | $564,615 | $848,565 | ↓ Below median | -6.3% |
| 2023 | $583,769 | $503,905 | $617,035 | $919,932 | ↓ Below median | +0.9% |
| 2022 | $429,312 | $506,618 | $615,058 | $906,429 | ↓ Bottom 25% | +39.1% |
| 2021 | $361,879 | $300,453 | $376,850 | $539,896 | ↓ Below 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.