900 E 51 ST TX 78751
| Owner | BARR PAUL THOMAS |
|---|---|
| Parcel ID | 0222112013 |
| Short ID | 220318 |
| Type | Real |
| Use Code | 05 Apartment 5–25 Units |
| Valuation | Income |
| Improvement SF | 7,438 SF |
| Land SF | 9,600 SF |
| Acres | 0.220 |
| Year Built | 1967 |
| Legal | LOT 23-24 *LESS S10 FT BLK E RIDGETOP |
| Neighborhood | 05NC1 |
| Land | $336,000 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $336,000 |
| Improvement | $1,644,000 |
|---|---|
| Total Improvement | $1,644,000 |
| Market | $1,980,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,980,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,980,000 |
| Taxable Value | $1,980,000 |
|---|
Appreciation: Market value has risen +52.3% from $1,300,000 (2021) to $1,980,000 (2025), a CAGR of 11.1% 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 $40,520. 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 income approach, so changes in rent roll or occupancy move the appraisal more directly than they would for a cost-approach property.
Value Composition: Land carries 17% of market value ($336,000 land vs $1,644,000 improvements), about $35/SF of land. Most value sits in the improvements, so building condition, age (~59 yrs), and rent roll drive the underwriting.
Submarket Position: At $1,980,000, 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 +11.1% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $3,350,175 by 2030, with an estimated annual tax burden around $60,069. 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 |
|---|---|---|---|
| 551 | PAVED AREA | 6,500 SF | ✗ |
| 2ND | 2nd Floor | 4,500 SF | ✓ |
| 1ST | 1st Floor | 2,938 SF | ✓ |
| 011C | PORCH OPEN 1ST COMM | 900 SF | ✗ |
| 061C | CARPORT ATT 1ST COMM | 615 SF | ✗ |
| 581C | STORAGE ATT COMM | 47 SF | ✓ |
| 132 | PLBG 5-FIXT AVG | 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% | $18,318.96 | $18,318.96 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $10,375.54 | $10,375.54 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $7,441.73 | $7,441.73 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,336.86 | $2,336.86 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,047.32 | $2,047.32 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $40,520.41 | $40,520.41 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,910,000 | $1,980,000 | -3.5% |
| Assessed Value | $1,910,000 | $1,980,000 | -3.5% |
| Land Value | $336,000 | $336,000 | +0.0% |
| Improvement Value | $1,574,000 | $1,644,000 | -4.3% |
| Taxable Value | $1,910,000 | $1,980,000 | -3.5% |
| Total Tax 2026 = estimate |
~$39,088
Estimated
|
~$40,520
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $2,380,160 | $1,910,000 | -470,160 (-19.8%) |
| Taxable Value | $2,376,000 | $1,910,000 | -466,000 (-19.6%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,910,000 | $336,000 | $1,574,000 | — | $1,910,000 | $1,910,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,980,000 | $336,000 | $1,644,000 | — | $1,980,000 | $1,980,000 | ~$40,520 | Partial |
| 2024 | $2,157,020 | — | — | −$1,821,020 | $336,000 | $— | $43,291 | Verified |
| 2023 | $1,785,120 | — | — | −$1,449,120 | $336,000 | $— | $39,026 | Verified |
| 2022 | $1,627,347 | — | — | −$1,291,347 | $336,000 | $— | $35,255 | Verified |
| 2021 | $1,300,000 | — | — | −$964,000 | $336,000 | $— | $35,422 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +20.2% | +20.0% | ~100% | Not available | Partial |
| 2025 | -11.3% | -11.3% | ~100% | Not available | Partial |
| 2024 | +3.4% | +3.4% | ~100% | 1.9400% | Verified |
| 2023 | +20.8% | +20.8% | ~100% | 1.8100% | Verified |
| 2022 | +9.7% | +9.7% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.7200% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +21.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -3.5% | +8.8% | +11.9% | +25.2% | 2022 | -8.2% | 2025 |
| Assessment Ratio | 100.0% | 46.8% | — | 100.0% | 2025 | 15.6% | 2024 |
| 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 |
$40,520 | $38,703 | ~$51,663 | $43,291 | 2024 | $35,255 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,199,610 | ~$2,178,000 | ~2.0139% | ~$43,864 | +11.1% |
| 2027 | ~$2,443,577 | ~$2,395,800 | ~1.9814% | ~$47,470 | +23.4% |
| 2028 | ~$2,714,605 | ~$2,635,380 | ~1.9488% | ~$51,359 | +37.1% |
| 2029 | ~$3,015,692 | ~$2,898,918 | ~1.9163% | ~$55,552 | +52.3% |
| 2030 | ~$3,350,175 | ~$3,188,810 | ~1.8837% | ~$60,069 | +69.2% |
| 2026 | ~$2,160,010 | ~$2,160,010 | ~2.0465% | ~$44,204 | +9.1% |
| 2027 | ~$2,356,385 | ~$2,356,385 | ~2.0465% | ~$48,223 | +19.0% |
| 2028 | ~$2,570,614 | ~$2,570,614 | ~2.0465% | ~$52,607 | +29.8% |
| 2029 | ~$2,804,318 | ~$2,804,318 | ~2.0465% | ~$57,390 | +41.6% |
| 2030 | ~$3,059,270 | ~$3,059,270 | ~2.0465% | ~$62,608 | +54.5% |
| 2026 | ~$2,239,210 | ~$2,178,000 | ~1.9977% | ~$43,509 | +13.1% |
| 2027 | ~$2,532,354 | ~$2,395,800 | ~1.9488% | ~$46,690 | +27.9% |
| 2028 | ~$2,863,875 | ~$2,635,380 | ~1.9000% | ~$50,073 | +44.6% |
| 2029 | ~$3,238,796 | ~$2,898,918 | ~1.8512% | ~$53,665 | +63.6% |
| 2030 | ~$3,662,800 | ~$3,188,810 | ~1.8024% | ~$57,474 | +85.0% |
In 2025, this property's market value of $1,980,000 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 4× 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 | $1,980,000 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $2,157,020 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $1,785,120 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $1,627,347 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $1,300,000 | $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.