4906 ROWENA AVE TX 78751
| Owner | CHUANG MICHELLE |
|---|---|
| Parcel ID | 0223080124 |
| Short ID | 221402 |
| Type | Real |
| Use Code | 02 Duplex |
| Valuation | Cost |
| Improvement SF | 1,725 SF |
| Land SF | 9,484 SF |
| Acres | 0.218 |
| Year Built | 1963 |
| Legal | LOT 4 BLK 13 HEGMAN SUBD |
| Neighborhood | Z65005 |
| Land | $659,140 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $659,140 |
| Improvement | $87,946 |
|---|---|
| Total Improvement | $87,946 |
| Market | $747,086 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $747,086 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $747,086 |
| Taxable Value | $747,086 |
|---|
Appreciation: Market value has risen +33.7% from $558,579 (2021) to $747,086 (2025), a CAGR of 7.5% over 4 years. This represents moderate, steady growth. 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 lagged 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 $15,289. 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 ($659,140 land vs $87,946 improvements), about $70/SF of land. With value concentrated in the land under a ~63-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 $747,086, 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 +7.5% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,074,554 by 2030, with an estimated annual tax burden around $20,242. 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 | 1,725 SF | ✓ |
| 095 | HVAC RESIDENTIAL | 1,725 SF | ✗ |
| 061 | CARPORT ATT 1ST | 495 SF | ✗ |
| 581 | STORAGE ATT | 105 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% | $6,912.04 | $6,912.04 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $3,914.86 | $3,914.86 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,807.89 | $2,807.89 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $881.73 | $881.73 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $772.49 | $772.49 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $15,289.01 | $15,289.01 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $636,402 | $747,086 | -14.8% |
| Assessed Value | $636,402 | $747,086 | -14.8% |
| Land Value | $404,719 | $659,140 | -38.6% |
| Improvement Value | $231,683 | $87,946 | +163.4% |
| Taxable Value | $636,402 | $747,086 | -14.8% |
| Total Tax 2026 = estimate |
~$13,024
Estimated
|
~$15,289
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $746,075 | $636,402 | -109,673 (-14.7%) |
| Taxable Value | $746,075 | $636,402 | -109,673 (-14.7%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $636,402 | $404,719 | $231,683 | — | $636,402 | $636,402 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $747,086 | $659,140 | $87,946 | — | $747,086 | $747,086 | ~$15,289 | Partial |
| 2024 | $732,970 | — | — | −$100,470 | $632,500 | $— | $15,883 | Verified |
| 2023 | $862,045 | — | — | −$229,545 | $632,500 | $— | $13,261 | Verified |
| 2022 | $672,200 | — | — | −$39,700 | $632,500 | $— | $17,025 | Verified |
| 2021 | $558,579 | — | — | −$156,079 | $402,500 | $— | $14,632 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -0.1% | -0.1% | ~100% | Not available | Partial |
| 2025 | -6.8% | -6.8% | ~100% | Not available | Partial |
| 2024 | +9.3% | +9.3% | ~100% | 1.9800% | Verified |
| 2023 | -15.0% | -15.0% | ~100% | 1.8100% | Verified |
| 2022 | +28.2% | +28.2% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.6200% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +11.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -14.8% | +4.1% | +11.3% | +28.2% | 2023 | -15.0% | 2024 |
| Assessment Ratio | 100.0% | 87.6% | — | 100.0% | 2025 | 72.1% | 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 |
$15,289 | $15,218 | ~$18,159 | $17,025 | 2022 | $13,261 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$803,419 | ~$803,419 | ~2.0139% | ~$16,180 | +7.5% |
| 2027 | ~$864,000 | ~$864,000 | ~1.9814% | ~$17,119 | +15.6% |
| 2028 | ~$929,148 | ~$929,148 | ~1.9488% | ~$18,108 | +24.4% |
| 2029 | ~$999,210 | ~$999,210 | ~1.9163% | ~$19,148 | +33.7% |
| 2030 | ~$1,074,554 | ~$1,074,554 | ~1.8837% | ~$20,242 | +43.8% |
| 2026 | ~$788,477 | ~$788,477 | ~2.0465% | ~$16,136 | +5.5% |
| 2027 | ~$832,162 | ~$832,162 | ~2.0465% | ~$17,030 | +11.4% |
| 2028 | ~$878,267 | ~$878,267 | ~2.0465% | ~$17,974 | +17.6% |
| 2029 | ~$926,926 | ~$926,926 | ~2.0465% | ~$18,969 | +24.1% |
| 2030 | ~$978,281 | ~$978,281 | ~2.0465% | ~$20,020 | +30.9% |
| 2026 | ~$818,361 | ~$818,361 | ~1.9977% | ~$16,348 | +9.5% |
| 2027 | ~$896,435 | ~$896,435 | ~1.9488% | ~$17,470 | +20.0% |
| 2028 | ~$981,958 | ~$981,958 | ~1.9000% | ~$18,657 | +31.4% |
| 2029 | ~$1,075,641 | ~$1,075,641 | ~1.8512% | ~$19,912 | +44.0% |
| 2030 | ~$1,178,261 | ~$1,178,261 | ~1.8024% | ~$21,237 | +57.7% |
In 2025, this property's market value of $747,086 places it in the 50th–75th percentile for Multi-Family properties in Travis County (12584 comparable) — +44% 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 | $747,086 | $438,669 | $519,778 | $749,859 | ↑ Above median | -7.5% |
| 2024 | $732,970 | $467,458 | $564,615 | $848,565 | ↑ Above median | -6.3% |
| 2023 | $862,045 | $503,905 | $617,035 | $919,932 | ↑ Above median | +0.9% |
| 2022 | $672,200 | $506,618 | $615,058 | $906,429 | ↑ Above median | +39.1% |
| 2021 | $558,579 | $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.