4600 AVENUE B TX 78751
| Owner | STRICKLAND FAMILY TRUST |
|---|---|
| Parcel ID | 0223050408 |
| Short ID | 221359 |
| Type | Real |
| Use Code | 02 Duplex |
| Valuation | Cost |
| Improvement SF | 1,939 SF |
| Land SF | 9,340 SF |
| Acres | 0.214 |
| Year Built | 1935 |
| Legal | 75 X 146.42 FT ABS 310 SUR 10 GRAY T |
| Neighborhood | Z65005 |
| Land | $651,219 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $651,219 |
| Improvement | $89,434 |
|---|---|
| Total Improvement | $89,434 |
| Market | $740,653 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $740,653 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $740,653 |
| Taxable Value | $740,653 |
|---|
Appreciation: Market value has risen +45.8% from $508,100 (2021) to $740,653 (2025), a CAGR of 9.9% 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 $15,157. 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 88% of market value ($651,219 land vs $89,434 improvements), about $70/SF of land. With value concentrated in the land under a ~91-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 $740,653, this parcel sits in the upper-middle (50th–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 +9.9% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,186,306 by 2030, with an estimated annual tax burden around $22,347. 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.
10 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 1,939 SF | ✓ |
| 095 | HVAC RESIDENTIAL | 1,939 SF | ✗ |
| 061 | CARPORT ATT 1ST | 880 SF | ✗ |
| 011 | PORCH OPEN 1ST F | 176 SF | ✗ |
| 512 | DECK UNCOVRED | 120 SF | ✗ |
| 612 | TERRACE UNCOVERD | 108 SF | ✗ |
| SO | Sketch Only | 108 SF | ✗ |
| 581 | STORAGE ATT | 80 SF | ✓ |
| 571 | STORAGE DET | 63 SF | ✓ |
| 251 | BATHROOM | 3 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% | $6,852.52 | $6,852.52 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $3,881.15 | $3,881.15 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,783.71 | $2,783.71 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $874.14 | $874.14 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $765.84 | $765.84 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $15,157.36 | $15,157.36 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $720,171 | $740,653 | -2.8% |
| Assessed Value | $720,171 | $740,653 | -2.8% |
| Land Value | $502,658 | $651,219 | -22.8% |
| Improvement Value | $217,513 | $89,434 | +143.2% |
| Taxable Value | $720,171 | $740,653 | -2.8% |
| Total Tax 2026 = estimate |
~$14,738
Estimated
|
~$15,157
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $844,280 | $720,171 | -124,109 (-14.7%) |
| Taxable Value | $844,280 | $720,171 | -124,109 (-14.7%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $720,171 | $502,658 | $217,513 | — | $720,171 | $720,171 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $740,653 | $651,219 | $89,434 | — | $740,653 | $740,653 | ~$15,157 | Partial |
| 2024 | $734,584 | — | — | −$102,084 | $632,500 | $— | $17,194 | Verified |
| 2023 | $845,220 | — | — | −$212,720 | $632,500 | $— | $13,290 | Verified |
| 2022 | $612,220 | — | — | — | $632,500 ! | $— | $16,692 | Verified |
| 2021 | $508,100 | — | — | −$105,600 | $402,500 | $— | $13,326 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +14.0% | +14.0% | ~100% | Not available | Partial |
| 2025 | -14.6% | -14.6% | ~100% | Not available | Partial |
| 2024 | +18.1% | +18.1% | ~100% | 1.9800% | Verified |
| 2023 | -13.1% | -13.1% | ~100% | 1.8100% | Verified |
| 2022 | +38.1% | +38.1% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.6200% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +21.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -2.8% | +8.7% | +10.5% | +38.1% | 2023 | -13.1% | 2024 |
| Assessment Ratio | 100.0% | 90.6% | — | 103.3% | 2022 | 74.8% | 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 |
$15,157 | $15,132 | ~$19,259 | $17,194 | 2024 | $13,290 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$813,825 | ~$813,825 | ~2.0139% | ~$16,390 | +9.9% |
| 2027 | ~$894,227 | ~$894,227 | ~1.9814% | ~$17,718 | +20.7% |
| 2028 | ~$982,571 | ~$982,571 | ~1.9488% | ~$19,149 | +32.7% |
| 2029 | ~$1,079,644 | ~$1,079,644 | ~1.9163% | ~$20,689 | +45.8% |
| 2030 | ~$1,186,306 | ~$1,186,306 | ~1.8837% | ~$22,347 | +60.2% |
| 2026 | ~$799,012 | ~$799,012 | ~2.0465% | ~$16,352 | +7.9% |
| 2027 | ~$861,970 | ~$861,970 | ~2.0465% | ~$17,640 | +16.4% |
| 2028 | ~$929,888 | ~$929,888 | ~2.0465% | ~$19,030 | +25.5% |
| 2029 | ~$1,003,158 | ~$1,003,158 | ~2.0465% | ~$20,529 | +35.4% |
| 2030 | ~$1,082,201 | ~$1,082,201 | ~2.0465% | ~$22,147 | +46.1% |
| 2026 | ~$828,638 | ~$814,718 | ~1.9977% | ~$16,275 | +11.9% |
| 2027 | ~$927,076 | ~$896,190 | ~1.9488% | ~$17,465 | +25.2% |
| 2028 | ~$1,037,207 | ~$985,809 | ~1.9000% | ~$18,731 | +40.0% |
| 2029 | ~$1,160,421 | ~$1,084,390 | ~1.8512% | ~$20,074 | +56.7% |
| 2030 | ~$1,298,273 | ~$1,192,829 | ~1.8024% | ~$21,499 | +75.3% |
In 2025, this property's market value of $740,653 places it in the 50th–75th percentile for Multi-Family properties in Travis County (12584 comparable) — +42% 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 | $740,653 | $438,669 | $519,778 | $749,859 | ↑ Above median | -7.5% |
| 2024 | $734,584 | $467,458 | $564,615 | $848,565 | ↑ Above median | -6.3% |
| 2023 | $845,220 | $503,905 | $617,035 | $919,932 | ↑ Above median | +0.9% |
| 2022 | $612,220 | $506,618 | $615,058 | $906,429 | ↓ Below median | +39.1% |
| 2021 | $508,100 | $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.