711 E 50 ST TX 78751
| Owner | BICK COLIN |
|---|---|
| Parcel ID | 0222110107 |
| Short ID | 220157 |
| Type | Real |
| Use Code | 02 Duplex |
| Valuation | Cost |
| Improvement SF | 1,760 SF |
| Land SF | 9,453 SF |
| Acres | 0.217 |
| Year Built | 1950 |
| Legal | ABS 789 SUR 57 WALLACE J P ACR .217 |
| Neighborhood | Z65005 |
| Land | $657,389 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $657,389 |
| Improvement | $117,483 |
|---|---|
| Total Improvement | $117,483 |
| Market | $774,872 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $774,872 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $774,872 |
| Taxable Value | $774,872 |
|---|
Appreciation: Market value has risen +43.3% from $540,737 (2021) to $774,872 (2025), a CAGR of 9.4% 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 $15,858. 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 85% of market value ($657,389 land vs $117,483 improvements), about $70/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 $774,872, 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 $1,214,884 by 2030, with an estimated annual tax burden around $22,885. 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 | 1,760 SF | ✓ |
| 095 | HVAC RESIDENTIAL | 1,760 SF | ✗ |
| 011 | PORCH OPEN 1ST F | 108 SF | ✗ |
| 571 | STORAGE DET | 64 SF | ✓ |
| 251 | BATHROOM | 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% | $7,169.12 | $7,169.12 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $4,060.46 | $4,060.46 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,912.32 | $2,912.32 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $914.53 | $914.53 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $801.22 | $801.22 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $15,857.65 | $15,857.65 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $757,819 | $774,872 | -2.2% |
| Assessed Value | $757,819 | $774,872 | -2.2% |
| Land Value | $505,182 | $657,389 | -23.2% |
| Improvement Value | $252,637 | $117,483 | +115.0% |
| Taxable Value | $757,819 | $774,872 | -2.2% |
| Total Tax 2026 = estimate |
~$15,509
Estimated
|
~$15,858
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $757,819 | $757,819 | +0 (+0.0%) |
| Taxable Value | $757,819 | $757,819 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $757,819 | $505,182 | $252,637 | — | $757,819 | $757,819 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $774,872 | $657,389 | $117,483 | — | $774,872 | $774,872 | ~$15,858 | Partial |
| 2024 | $761,765 | — | — | −$129,265 | $632,500 | $— | $15,966 | Verified |
| 2023 | $832,855 | — | — | −$200,355 | $632,500 | $— | $13,782 | Verified |
| 2022 | $601,044 | — | — | — | $632,500 ! | $— | $16,448 | Verified |
| 2021 | $540,737 | — | — | −$138,237 | $402,500 | $— | $13,083 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -2.2% | -2.2% | ~100% | Not available | Partial |
| 2025 | -3.8% | -3.8% | ~100% | Not available | Partial |
| 2024 | +5.8% | +5.8% | ~100% | 1.9800% | Verified |
| 2023 | -8.5% | -8.5% | ~100% | 1.8100% | Verified |
| 2022 | +38.6% | +38.6% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.4200% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +28.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -2.2% | +8.2% | +9.9% | +38.6% | 2023 | -8.5% | 2024 |
| Assessment Ratio | 100.0% | 89.8% | — | 105.2% | 2022 | 74.4% | 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 |
$15,858 | $15,027 | ~$19,879 | $16,448 | 2022 | $13,083 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$847,795 | ~$847,795 | ~2.0139% | ~$17,074 | +9.4% |
| 2027 | ~$927,581 | ~$927,581 | ~1.9814% | ~$18,379 | +19.7% |
| 2028 | ~$1,014,876 | ~$1,014,876 | ~1.9488% | ~$19,778 | +31.0% |
| 2029 | ~$1,110,386 | ~$1,110,386 | ~1.9163% | ~$21,278 | +43.3% |
| 2030 | ~$1,214,884 | ~$1,214,884 | ~1.8837% | ~$22,885 | +56.8% |
| 2026 | ~$832,298 | ~$832,298 | ~2.0465% | ~$17,033 | +7.4% |
| 2027 | ~$893,979 | ~$893,979 | ~2.0465% | ~$18,295 | +15.4% |
| 2028 | ~$960,232 | ~$960,232 | ~2.0465% | ~$19,651 | +23.9% |
| 2029 | ~$1,031,395 | ~$1,031,395 | ~2.0465% | ~$21,107 | +33.1% |
| 2030 | ~$1,107,831 | ~$1,107,831 | ~2.0465% | ~$22,672 | +43.0% |
| 2026 | ~$863,293 | ~$852,359 | ~1.9977% | ~$17,027 | +11.4% |
| 2027 | ~$961,803 | ~$937,595 | ~1.9488% | ~$18,272 | +24.1% |
| 2028 | ~$1,071,554 | ~$1,031,355 | ~1.9000% | ~$19,596 | +38.3% |
| 2029 | ~$1,193,829 | ~$1,134,490 | ~1.8512% | ~$21,002 | +54.1% |
| 2030 | ~$1,330,057 | ~$1,247,939 | ~1.8024% | ~$22,492 | +71.6% |
In 2025, this property's market value of $774,872 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — +49% 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 | $774,872 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $761,765 | $467,458 | $564,615 | $848,565 | ↑ Above median | -6.3% |
| 2023 | $832,855 | $503,905 | $617,035 | $919,932 | ↑ Above median | +0.9% |
| 2022 | $601,044 | $506,618 | $615,058 | $906,429 | ↓ Below median | +39.1% |
| 2021 | $540,737 | $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.