5101 EVANS AVE TX 78751
| Owner | JOSEPH COMPANIES 5101 EVANS LLC |
|---|---|
| Parcel ID | 0223091901 |
| Short ID | 221747 |
| Type | Real |
| Use Code | 05 Apartment 5–25 Units |
| Valuation | Income |
| Improvement SF | 8,384 SF |
| Land SF | 11,875 SF |
| Acres | 0.273 |
| Year Built | 1971 |
| Legal | LOT 1 *LESS S 5FT LOT 2-4 BLK 13 HIGHLANDS THE |
| Neighborhood | 05NC |
| Land | $653,125 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $653,125 |
| Improvement | $1,589,595 |
|---|---|
| Total Improvement | $1,589,595 |
| Market | $2,242,720 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,242,720 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $2,242,720 |
| Taxable Value | $2,242,720 |
|---|
Appreciation: Market value has risen +43.9% from $1,558,557 (2021) to $2,242,720 (2025), a CAGR of 9.5% 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 $45,897. 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 29% of market value ($653,125 land vs $1,589,595 improvements), about $55/SF of land. Most value sits in the improvements, so building condition, age (~55 yrs), and rent roll drive the underwriting.
Submarket Position: At $2,242,720, 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 +9.5% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $3,534,602 by 2030, with an estimated annual tax burden around $66,583. 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.
11 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 4,200 SF | ✗ |
| 1ST | 1st Floor | 4,192 SF | ✓ |
| 2ND | 2nd Floor | 4,192 SF | ✓ |
| SO | Sketch Only | 1,088 SF | ✗ |
| 611 | TERRACE | 808 SF | ✗ |
| 011C | PORCH OPEN 1ST COMM | 544 SF | ✗ |
| 012C | PORCH OPEN 2 COMM | 544 SF | ✗ |
| 581C | STORAGE ATT COMM | 56 SF | ✓ |
| 132 | PLBG 5-FIXT AVG | 1 SF | ✓ |
| 269 | OBS RANGE DRP-IN | 1 SF | ✓ |
| 413 | STAIRWAY EXT | 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% | $20,749.65 | $20,749.65 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $11,752.23 | $11,752.23 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $8,429.15 | $8,429.15 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,646.93 | $2,646.93 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,318.97 | $2,318.97 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $45,896.93 | $45,896.93 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,170,000 | $2,242,720 | -3.2% |
| Assessed Value | $2,170,000 | $2,242,720 | -3.2% |
| Land Value | $653,125 | $653,125 | +0.0% |
| Improvement Value | $1,516,875 | $1,589,595 | -4.6% |
| Taxable Value | $2,170,000 | $2,242,720 | -3.2% |
| Total Tax 2026 = estimate |
~$44,409
Estimated
|
~$45,897
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $2,263,680 | $2,170,000 | -93,680 (-4.1%) |
| Taxable Value | $2,263,680 | $2,170,000 | -93,680 (-4.1%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,170,000 | $653,125 | $1,516,875 | — | $2,170,000 | $2,170,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $2,242,720 | $653,125 | $1,589,595 | — | $2,242,720 | $2,242,720 | ~$45,897 | Partial |
| 2024 | $1,907,360 | — | — | −$1,254,235 | $653,125 | $— | $39,046 | Verified |
| 2023 | $1,815,000 | — | — | −$1,161,875 | $653,125 | $— | $34,509 | Verified |
| 2022 | $1,600,000 | — | — | −$946,875 | $653,125 | $— | $35,845 | Verified |
| 2021 | $1,558,557 | — | — | −$905,432 | $653,125 | $— | $34,827 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.9% | +0.9% | ~100% | Not available | Partial |
| 2025 | +13.8% | +13.8% | ~100% | Not available | Partial |
| 2024 | +2.2% | +2.2% | ~100% | 1.9800% | Verified |
| 2023 | +6.2% | +6.2% | ~100% | 1.7900% | Verified |
| 2022 | +13.4% | +13.4% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.2300% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +40.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -3.2% | +7.1% | +10.3% | +17.6% | 2025 | -3.2% | 2026 |
| Assessment Ratio | 100.0% | 58.8% | — | 100.0% | 2025 | 34.2% | 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 |
$45,897 | $38,025 | ~$57,725 | $45,897 | 2025 | $34,509 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,456,338 | ~$2,456,338 | ~2.0139% | ~$49,469 | +9.5% |
| 2027 | ~$2,690,303 | ~$2,690,303 | ~1.9814% | ~$53,305 | +20.0% |
| 2028 | ~$2,946,553 | ~$2,946,553 | ~1.9488% | ~$57,424 | +31.4% |
| 2029 | ~$3,227,211 | ~$3,227,211 | ~1.9163% | ~$61,843 | +43.9% |
| 2030 | ~$3,534,602 | ~$3,534,602 | ~1.8837% | ~$66,583 | +57.6% |
| 2026 | ~$2,411,484 | ~$2,411,484 | ~2.0465% | ~$49,351 | +7.5% |
| 2027 | ~$2,592,947 | ~$2,592,947 | ~2.0465% | ~$53,064 | +15.6% |
| 2028 | ~$2,788,065 | ~$2,788,065 | ~2.0465% | ~$57,057 | +24.3% |
| 2029 | ~$2,997,866 | ~$2,997,866 | ~2.0465% | ~$61,351 | +33.7% |
| 2030 | ~$3,223,454 | ~$3,223,454 | ~2.0465% | ~$65,968 | +43.7% |
| 2026 | ~$2,501,193 | ~$2,466,992 | ~1.9977% | ~$49,282 | +11.5% |
| 2027 | ~$2,789,454 | ~$2,713,691 | ~1.9488% | ~$52,885 | +24.4% |
| 2028 | ~$3,110,937 | ~$2,985,060 | ~1.9000% | ~$56,717 | +38.7% |
| 2029 | ~$3,469,471 | ~$3,283,566 | ~1.8512% | ~$60,785 | +54.7% |
| 2030 | ~$3,869,327 | ~$3,611,923 | ~1.8024% | ~$65,100 | +72.5% |
In 2025, this property's market value of $2,242,720 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 | $2,242,720 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $1,907,360 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $1,815,000 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $1,600,000 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $1,558,557 | $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.