601 E 50 ST TX 78751
| Owner | BAGAN JAMES FRANCIS & MEREDITH HODGES |
|---|---|
| Parcel ID | 0223091327 |
| Short ID | 221692 |
| Type | Real |
| Use Code | 02 Duplex |
| Valuation | Cost |
| Improvement SF | 2,866 SF |
| Land SF | 9,453 SF |
| Acres | 0.217 |
| Year Built | 1984 |
| Legal | LOT 5 MUELLER FRED A |
| Neighborhood | Z65005 |
| Land | $657,421 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $657,421 |
| Improvement | $296,735 |
|---|---|
| Total Improvement | $296,735 |
| Market | $954,156 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $954,156 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $954,156 |
| Taxable Value | $954,156 |
|---|
Appreciation: Market value has risen +67.8% from $568,700 (2021) to $954,156 (2025), a CAGR of 13.8% 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 $19,527. 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 69% of market value ($657,421 land vs $296,735 improvements), about $70/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $954,156, 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 +13.8% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,821,963 by 2030, with an estimated annual tax burden around $28,947. 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 | 2,866 SF | ✓ |
| 095 | HVAC RESIDENTIAL | 2,866 SF | ✗ |
| 512 | DECK UNCOVRED | 100 SF | ✗ |
| 011 | PORCH OPEN 1ST F | 81 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% | $8,827.85 | $8,827.85 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $4,999.94 | $4,999.94 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,586.15 | $3,586.15 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,126.12 | $1,126.12 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $986.60 | $986.60 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $19,526.66 | $19,526.66 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,144,460 | $954,156 | +19.9% |
| Assessed Value | $1,144,460 | $954,156 | +19.9% |
| Land Value | $505,195 | $657,421 | -23.2% |
| Improvement Value | $639,265 | $296,735 | +115.4% |
| Taxable Value | $1,144,460 | $954,156 | +19.9% |
| Total Tax 2026 = estimate |
~$23,421
Estimated
|
~$19,527
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,144,460 | $1,144,460 | +0 (+0.0%) |
| Taxable Value | $1,144,460 | $1,144,460 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,144,460 | $505,195 | $639,265 | — | $1,144,460 | $1,144,460 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $954,156 | $657,421 | $296,735 | — | $954,156 | $954,156 | ~$19,527 | Partial |
| 2024 | $974,741 | — | — | −$342,241 | $632,500 | $— | $21,217 | Verified |
| 2023 | $962,673 | — | — | −$330,173 | $632,500 | $— | $17,635 | Verified |
| 2022 | $728,319 | — | — | −$127,444 | $600,875 | $— | $19,012 | Verified |
| 2021 | $568,700 | — | — | −$186,325 | $382,375 | $— | $15,853 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +19.9% | +19.9% | ~100% | Not available | Partial |
| 2025 | -10.9% | -10.9% | ~100% | Not available | Partial |
| 2024 | +9.8% | +9.8% | ~100% | 1.9800% | Verified |
| 2023 | +1.3% | +1.3% | ~100% | 1.8100% | Verified |
| 2022 | +32.2% | +32.2% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.7900% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +31.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +19.9% | +15.9% | +10.0% | +32.2% | 2023 | -2.1% | 2025 |
| Assessment Ratio | 100.0% | 80.0% | — | 100.0% | 2025 | 64.9% | 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 |
$19,527 | $18,649 | ~$24,896 | $21,217 | 2024 | $15,853 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,085,934 | ~$1,049,572 | ~2.0139% | ~$21,138 | +13.8% |
| 2027 | ~$1,235,912 | ~$1,154,529 | ~1.9814% | ~$22,876 | +29.5% |
| 2028 | ~$1,406,603 | ~$1,269,982 | ~1.9488% | ~$24,750 | +47.4% |
| 2029 | ~$1,600,868 | ~$1,396,980 | ~1.9163% | ~$26,770 | +67.8% |
| 2030 | ~$1,821,963 | ~$1,536,678 | ~1.8837% | ~$28,947 | +91.0% |
| 2026 | ~$1,066,851 | ~$1,049,572 | ~2.0465% | ~$21,479 | +11.8% |
| 2027 | ~$1,192,856 | ~$1,154,529 | ~2.0465% | ~$23,627 | +25.0% |
| 2028 | ~$1,333,744 | ~$1,269,982 | ~2.0465% | ~$25,990 | +39.8% |
| 2029 | ~$1,491,271 | ~$1,396,980 | ~2.0465% | ~$28,589 | +56.3% |
| 2030 | ~$1,667,405 | ~$1,536,678 | ~2.0465% | ~$31,448 | +74.8% |
| 2026 | ~$1,105,017 | ~$1,049,572 | ~1.9977% | ~$20,967 | +15.8% |
| 2027 | ~$1,279,731 | ~$1,154,529 | ~1.9488% | ~$22,500 | +34.1% |
| 2028 | ~$1,482,068 | ~$1,269,982 | ~1.9000% | ~$24,130 | +55.3% |
| 2029 | ~$1,716,397 | ~$1,396,980 | ~1.8512% | ~$25,861 | +79.9% |
| 2030 | ~$1,987,776 | ~$1,536,678 | ~1.8024% | ~$27,697 | +108.3% |
In 2025, this property's market value of $954,156 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — +84% 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 | $954,156 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $974,741 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $962,673 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $728,319 | $506,618 | $615,058 | $906,429 | ↑ Above median | +39.1% |
| 2021 | $568,700 | $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.