400 KENNISTON DR TX 78752
| Owner | ISABELLA AUSTIN HOLDINGS LLC |
|---|---|
| Parcel ID | 0231110336 |
| Short ID | 232427 |
| Type | Real |
| Use Code | 05 Apartment 5–25 Units |
| Valuation | Income |
| Improvement SF | 9,544 SF |
| Land SF | 21,315 SF |
| Acres | 0.489 |
| Year Built | 1972 |
| Legal | LOT 11-12 BLK 6 LESS S 5FT SILVERTON HEIGHTS |
| Neighborhood | 05NC1 |
| Land | $852,600 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $852,600 |
| Improvement | $2,392,360 |
|---|---|
| Total Improvement | $2,392,360 |
| Market | $3,244,960 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $3,244,960 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $3,244,960 |
| Taxable Value | $3,244,960 |
|---|
Appreciation: Market value has risen +54.5% from $2,099,680 (2021) to $3,244,960 (2025), a CAGR of 11.5% 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 $66,408. 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 26% of market value ($852,600 land vs $2,392,360 improvements), about $40/SF of land. Most value sits in the improvements, so building condition, age (~54 yrs), and rent roll drive the underwriting.
Submarket Position: At $3,244,960, 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 +11.5% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $5,591,517 by 2030, with an estimated annual tax burden around $98,445. 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.
9 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 8,200 SF | ✗ |
| 2ND | 2nd Floor | 4,792 SF | ✓ |
| 1ST | 1st Floor | 4,752 SF | ✓ |
| 011C | PORCH OPEN 1ST COMM | 702 SF | ✗ |
| 012C | PORCH OPEN 2 COMM | 702 SF | ✗ |
| 581C | STORAGE ATT COMM | 504 SF | ✓ |
| 611 | TERRACE | 88 SF | ✗ |
| 132 | PLBG 5-FIXT AVG | 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% | $30,022.37 | $30,022.37 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $17,004.14 | $17,004.14 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $12,196.02 | $12,196.02 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $3,829.80 | $3,829.80 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $3,355.29 | $3,355.29 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $66,407.62 | $66,407.62 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $3,101,800 | $3,244,960 | -4.4% |
| Assessed Value | $3,101,800 | $3,244,960 | -4.4% |
| Land Value | $852,600 | $852,600 | +0.0% |
| Improvement Value | $2,249,200 | $2,392,360 | -6.0% |
| Taxable Value | $3,101,800 | $3,244,960 | -4.4% |
| Total Tax 2026 = estimate |
~$63,478
Estimated
|
~$66,408
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $3,101,800 | $3,101,800 | +0 (+0.0%) |
| Taxable Value | $3,101,800 | $3,101,800 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $3,101,800 | $852,600 | $2,249,200 | — | $3,101,800 | $3,101,800 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $3,244,960 | $852,600 | $2,392,360 | — | $3,244,960 | $3,244,960 | ~$66,408 | Partial |
| 2024 | $2,624,600 | — | — | −$1,772,000 | $852,600 | $— | $57,689 | Verified |
| 2023 | $2,386,000 | — | — | −$1,533,400 | $852,600 | $— | $47,486 | Verified |
| 2022 | $2,194,000 | — | — | −$1,341,400 | $852,600 | $— | $47,122 | Verified |
| 2021 | $2,099,680 | — | — | −$1,247,080 | $852,600 | $— | $47,756 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -4.4% | -4.4% | ~100% | Not available | Partial |
| 2025 | +11.5% | +11.5% | ~100% | Not available | Partial |
| 2024 | +10.9% | +10.9% | ~100% | 1.9800% | Verified |
| 2023 | +10.0% | +10.0% | ~100% | 1.8100% | Verified |
| 2022 | +4.2% | +4.2% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.2700% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +41.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -4.4% | +8.5% | +12.5% | +23.6% | 2025 | -4.4% | 2026 |
| Assessment Ratio | 100.0% | 57.9% | — | 100.0% | 2025 | 32.5% | 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 |
$66,408 | $53,292 | ~$84,668 | $66,408 | 2025 | $47,122 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$3,618,040 | ~$3,569,456 | ~2.0139% | ~$71,887 | +11.5% |
| 2027 | ~$4,034,015 | ~$3,926,402 | ~1.9814% | ~$77,797 | +24.3% |
| 2028 | ~$4,497,814 | ~$4,319,042 | ~1.9488% | ~$84,171 | +38.6% |
| 2029 | ~$5,014,938 | ~$4,750,946 | ~1.9163% | ~$91,042 | +54.5% |
| 2030 | ~$5,591,517 | ~$5,226,041 | ~1.8837% | ~$98,445 | +72.3% |
| 2026 | ~$3,553,141 | ~$3,553,141 | ~2.0465% | ~$72,714 | +9.5% |
| 2027 | ~$3,890,591 | ~$3,890,591 | ~2.0465% | ~$79,620 | +19.9% |
| 2028 | ~$4,260,089 | ~$4,260,089 | ~2.0465% | ~$87,182 | +31.3% |
| 2029 | ~$4,664,679 | ~$4,664,679 | ~2.0465% | ~$95,462 | +43.8% |
| 2030 | ~$5,107,695 | ~$5,107,695 | ~2.0465% | ~$104,528 | +57.4% |
| 2026 | ~$3,682,940 | ~$3,569,456 | ~1.9977% | ~$71,306 | +13.5% |
| 2027 | ~$4,180,034 | ~$3,926,402 | ~1.9488% | ~$76,519 | +28.8% |
| 2028 | ~$4,744,223 | ~$4,319,042 | ~1.9000% | ~$82,063 | +46.2% |
| 2029 | ~$5,384,561 | ~$4,750,946 | ~1.8512% | ~$87,949 | +65.9% |
| 2030 | ~$6,111,328 | ~$5,226,041 | ~1.8024% | ~$94,193 | +88.3% |
In 2025, this property's market value of $3,244,960 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 6× 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 | $3,244,960 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $2,624,600 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $2,386,000 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $2,194,000 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $2,099,680 | $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.