704 E 49 ST TX 78751
| Owner | 704 E 49TH STREET LLC |
|---|---|
| Parcel ID | 0222110115 |
| Short ID | 220164 |
| Type | Real |
| Use Code | 01 Single-Family Residence |
| Valuation | Cost |
| Improvement SF | 3,838 SF |
| Land SF | 11,787 SF |
| Acres | 0.271 |
| Year Built | 2022 |
| Legal | ABS 789 SUR 57 WALLACE J P 63X187.2 FT |
| Neighborhood | Z65005 |
| Land | $785,770 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $785,770 |
| Improvement | $681,980 |
|---|---|
| Total Improvement | $681,980 |
| Market | $1,467,750 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,467,750 |
| Value Limitation Adjustment (−) (homestead cap) | −$203,966 |
| Net Appraised (assessed) | $1,263,784 |
| Taxable Value | $1,263,784 |
|---|
Appreciation: Market value has risen +96.9% from $745,600 (2021) to $1,467,750 (2025), a CAGR of 18.5% 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 $25,863. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Assessment Gap: Assessed value ($1,263,784) is $203,966 below market value, suggesting potential for an upward assessment in future years.
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 54% of market value ($785,770 land vs $681,980 improvements), about $67/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $1,467,750, 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 +18.4% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $3,422,432 by 2030, with an estimated annual tax burden around $38,341. 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.
11 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 095 | HVAC RESIDENTIAL | 3,838 SF | ✗ |
| 1ST | 1st Floor | 2,302 SF | ✓ |
| 2ND | 2nd Floor | 1,536 SF | ✓ |
| 011 | PORCH OPEN 1ST F | 253 SF | ✗ |
| 041 | GARAGE ATT 1ST F | 220 SF | ✓ |
| 061 | CARPORT ATT 1ST | 216 SF | ✗ |
| 612 | TERRACE UNCOVERD | 192 SF | ✗ |
| 012 | PORCH OPEN 2ND F | 20 SF | ✗ |
| 251 | BATHROOM | 4 SF | ✓ |
| 252 | BEDROOMS | 2 SF | ✓ |
| 250 | HALF BATHROOM | 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% | $11,692.53 | $11,692.53 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $6,622.44 | $6,622.44 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $4,749.87 | $4,749.87 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,491.56 | $1,491.56 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,306.75 | $1,306.75 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $25,863.15 | $25,863.15 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,295,371 | $1,467,750 | -11.7% |
| Assessed Value | $1,295,371 | $1,263,784 | +2.5% |
| Land Value | $557,701 | $785,770 | -29.0% |
| Improvement Value | $737,670 | $681,980 | +8.2% |
| Taxable Value | $1,295,371 | $1,263,784 | +2.5% |
| Total Tax 2026 = estimate |
~$26,510
Estimated
|
~$25,863
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,295,371 | $1,295,371 | +0 (+0.0%) |
| Taxable Value | $1,295,371 | $1,295,371 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,295,371 | $557,701 | $737,670 | — | $1,295,371 | $1,295,371 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,467,750 | $785,770 | $681,980 | −$203,966 | $1,263,784 | $1,263,784 | ~$25,863 | Partial |
| 2024 | $1,150,000 | — | — | −$380,000 | $770,000 | $— | $20,872 | Verified |
| 2023 | $1,111,668 | — | — | −$341,668 | $770,000 | $— | $20,806 | Verified |
| 2022 | $848,000 | — | — | −$78,000 | $770,000 | $— | $21,955 | Verified |
| 2021 | $745,600 | — | — | −$255,600 | $490,000 | $— | $18,458 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -11.7% | +2.5% | ~100% | Not available | Partial |
| 2025 | +39.4% | +20.0% | 86.1% | Not available | Partial |
| 2024 | -8.4% | -8.4% | ~100% | 1.9800% | Verified |
| 2023 | +3.4% | +3.4% | ~100% | 1.8100% | Verified |
| 2022 | +31.1% | +31.1% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.4800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +73.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -11.7% | +12.8% | +21.6% | +31.1% | 2023 | -11.7% | 2026 |
| Assessment Ratio | 100.0% | 79.8% | — | 100.0% | 2026 | 65.7% | 2021 |
| Effective Tax Rate (2025) | 1.7600% | 1.7600% | — | 1.7600% | 2025 | 1.7600% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$25,863 | $21,591 | ~$32,975 | $25,863 | 2025 | $18,458 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,738,556 | ~$1,390,162 | ~2.0139% | ~$27,997 | +18.5% |
| 2027 | ~$2,059,326 | ~$1,529,179 | ~1.9814% | ~$30,299 | +40.3% |
| 2028 | ~$2,439,280 | ~$1,682,097 | ~1.9488% | ~$32,781 | +66.2% |
| 2029 | ~$2,889,338 | ~$1,850,306 | ~1.9163% | ~$35,457 | +96.9% |
| 2030 | ~$3,422,432 | ~$2,035,337 | ~1.8837% | ~$38,341 | +133.2% |
| 2026 | ~$1,709,201 | ~$1,390,162 | ~2.0465% | ~$28,449 | +16.5% |
| 2027 | ~$1,990,371 | ~$1,529,179 | ~2.0465% | ~$31,294 | +35.6% |
| 2028 | ~$2,317,795 | ~$1,682,097 | ~2.0465% | ~$34,424 | +57.9% |
| 2029 | ~$2,699,082 | ~$1,850,306 | ~2.0465% | ~$37,866 | +83.9% |
| 2030 | ~$3,143,092 | ~$2,035,337 | ~2.0465% | ~$41,653 | +114.1% |
| 2026 | ~$1,767,911 | ~$1,390,162 | ~1.9977% | ~$27,771 | +20.5% |
| 2027 | ~$2,129,456 | ~$1,529,179 | ~1.9488% | ~$29,801 | +45.1% |
| 2028 | ~$2,564,938 | ~$1,682,097 | ~1.9000% | ~$31,960 | +74.8% |
| 2029 | ~$3,089,478 | ~$1,850,306 | ~1.8512% | ~$34,253 | +110.5% |
| 2030 | ~$3,721,289 | ~$2,035,337 | ~1.8024% | ~$36,684 | +153.5% |
In 2025, this property's market value of $1,467,750 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — +182% 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 | $1,467,750 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $1,150,000 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $1,111,668 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $848,000 | $506,618 | $615,058 | $906,429 | ↑ Above median | +39.1% |
| 2021 | $745,600 | $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.