4902 ROWENA AVE TX 78751
| Owner | PRATT JAMES DOUGLAS |
|---|---|
| Parcel ID | 0223080119 |
| Short ID | 377496 |
| Type | Real |
| Use Code | 02 Duplex |
| Valuation | Cost |
| Improvement SF | 1,858 SF |
| Land SF | 9,641 SF |
| Acres | 0.221 |
| Year Built | 1980 |
| Legal | LOT 2 BLK 13 HEGMAN SUBD |
| Neighborhood | Z65005 |
| Land | $667,754 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $667,754 |
| Improvement | $189,675 |
|---|---|
| Total Improvement | $189,675 |
| Market | $857,429 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $857,429 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $857,429 |
| Exemptions (−) (HS) | −$171,486 |
|---|---|
| Taxable Value | $685,943 |
Appreciation: Market value has risen +38.7% from $618,000 (2021) to $857,429 (2025), a CAGR of 8.5% 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 $14,038. Austin ISD is the largest single contributor, at 45.8% 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 78% of market value ($667,754 land vs $189,675 improvements), about $69/SF of land. With value concentrated in the land under a ~46-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 $857,429, 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 +8.5% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,291,101 by 2030, with an estimated annual tax burden around $24,321. 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.
6 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 1,858 SF | ✓ |
| 095 | HVAC RESIDENTIAL | 1,858 SF | ✗ |
| 041 | GARAGE ATT 1ST F | 1,058 SF | ✓ |
| 512 | DECK UNCOVRED | 120 SF | ✗ |
| 011 | PORCH OPEN 1ST F | 59 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% | $6,637.65 | $6,637.65 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $3,594.46 | $3,594.46 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,578.08 | $2,578.08 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $877.72 | $877.72 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $809.57 | $809.57 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $14,497.48 | $14,497.48 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $812,195 | $857,429 | -5.3% |
| Assessed Value | $812,195 | $857,429 | -5.3% |
| Land Value | $407,538 | $667,754 | -39.0% |
| Improvement Value | $404,657 | $189,675 | +113.3% |
| Taxable Value | $649,756 | $685,943 | -5.3% |
| Exemptions | HS | HS | |
| Total Tax 2026 = estimate |
~$13,297
Estimated
|
~$14,497
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $812,195 | $812,195 | +0 (+0.0%) |
| Taxable Value | $649,756 | $649,756 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $812,195 | $407,538 | $404,657 | — | $812,195 | $649,756 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $857,429 | $667,754 | $189,675 | — | $857,429 | $685,943 | ~$14,497 | Partial |
| 2024 | $781,690 | — | — | −$121,690 | $660,000 | $— | $13,510 | Verified |
| 2023 | $975,946 | — | — | −$315,946 | $660,000 | $— | $11,945 | Verified |
| 2022 | $789,553 | — | — | −$129,553 | $660,000 | $— | $15,217 | Verified |
| 2021 | $618,000 | — | — | −$198,000 | $420,000 | $— | $15,317 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -5.3% | -5.3% | ~100% | Not available | Partial |
| 2025 | +6.4% | +6.4% | ~100% | Not available | Partial |
| 2024 | +3.1% | +3.1% | ~100% | 1.6800% | Verified |
| 2023 | -19.9% | -10.0% | ~100% | 1.5300% | Verified |
| 2022 | +23.6% | +10.0% | 89.0% | 1.5600% | Verified |
| 2021 | base year | — | ~100% | 2.4800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +8.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -5.3% | +7.2% | +9.7% | +27.8% | 2022 | -19.9% | 2024 |
| Assessment Ratio | 100.0% | 83.9% | — | 100.0% | 2025 | 67.6% | 2023 |
| Effective Tax Rate (2025) | 1.6900% | 1.6900% | — | 1.6900% | 2025 | 1.6900% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$14,497 | $14,097 | ~$21,446 | $15,317 | 2021 | $11,945 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$930,573 | ~$930,573 | ~2.0139% | ~$18,741 | +8.5% |
| 2027 | ~$1,009,957 | ~$1,009,957 | ~1.9814% | ~$20,011 | +17.8% |
| 2028 | ~$1,096,113 | ~$1,096,113 | ~1.9488% | ~$21,361 | +27.8% |
| 2029 | ~$1,189,619 | ~$1,189,619 | ~1.9163% | ~$22,797 | +38.7% |
| 2030 | ~$1,291,101 | ~$1,291,101 | ~1.8837% | ~$24,321 | +50.6% |
| 2026 | ~$913,425 | ~$913,425 | ~2.0465% | ~$18,693 | +6.5% |
| 2027 | ~$973,077 | ~$973,077 | ~2.0465% | ~$19,914 | +13.5% |
| 2028 | ~$1,036,626 | ~$1,036,626 | ~2.0465% | ~$21,214 | +20.9% |
| 2029 | ~$1,104,324 | ~$1,104,324 | ~2.0465% | ~$22,600 | +28.8% |
| 2030 | ~$1,176,444 | ~$1,176,444 | ~2.0465% | ~$24,076 | +37.2% |
| 2026 | ~$947,722 | ~$943,172 | ~1.9977% | ~$18,841 | +10.5% |
| 2027 | ~$1,047,523 | ~$1,037,489 | ~1.9488% | ~$20,219 | +22.2% |
| 2028 | ~$1,157,834 | ~$1,141,238 | ~1.9000% | ~$21,684 | +35.0% |
| 2029 | ~$1,279,762 | ~$1,255,362 | ~1.8512% | ~$23,239 | +49.3% |
| 2030 | ~$1,414,529 | ~$1,380,898 | ~1.8024% | ~$24,889 | +65.0% |
In 2025, this property's market value of $857,429 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — +65% 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 | $857,429 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $781,690 | $467,458 | $564,615 | $848,565 | ↑ Above median | -6.3% |
| 2023 | $975,946 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $789,553 | $506,618 | $615,058 | $906,429 | ↑ Above median | +39.1% |
| 2021 | $618,000 | $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.