504 DELMAR AVE AUSTIN, TX 78752
| Owner | CHARLES MONIQUE R |
|---|---|
| Parcel ID | 0231140209 |
| Short ID | 232577 |
| Type | Real |
| Use Code | 02 Duplex |
| Valuation | Cost |
| Improvement SF | 2,616 SF |
| Land SF | 7,707 SF |
| Acres | 0.177 |
| Year Built | 2005 |
| Legal | LOT 9 BLK 6 ST JOHNS HOME ADDN |
| Neighborhood | Y7005 |
| Land | $260,485 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $260,485 |
| Improvement | $83,055 |
|---|---|
| Total Improvement | $83,055 |
| Market | $343,540 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $343,540 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $343,540 |
| Exemptions (−) (HS) | −$34,354 |
|---|---|
| Taxable Value | $309,186 |
Appreciation: Market value has fallen -16.4% from $410,974 (2021) to $343,540 (2025), a CAGR of -4.4% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2024→2025), 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 $6,327. Austin ISD is the largest single contributor, at 35.0% 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 76% of market value ($260,485 land vs $83,055 improvements), about $34/SF of land. With value concentrated in the land, this reads as a land-dominated asset — the classic higher-and-best-use / redevelopment signal. Underwrite the dirt, not the building.
Submarket Position: At $343,540, this parcel sits in the bottom quartile (<25th 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 -4.4% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $274,588 by 2030, with an estimated annual tax burden around $5,173. 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.
7 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 095 | HVAC RESIDENTIAL | 2,616 SF | ✗ |
| 2ND | 2nd Floor | 1,608 SF | ✓ |
| 1ST | 1st Floor | 1,008 SF | ✓ |
| 041 | GARAGE ATT 1ST F | 576 SF | ✓ |
| 011 | PORCH OPEN 1ST F | 250 SF | ✗ |
| 581 | STORAGE ATT | 100 SF | ✓ |
| 251 | BATHROOM | 3 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% | $1,883.15 | $1,883.15 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $1,620.19 | $1,620.19 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,162.06 | $1,162.06 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $364.91 | $364.91 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $350.05 | $350.05 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $5,380.36 | $5,380.36 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $299,456 | $343,540 | -12.8% |
| Assessed Value | $299,456 | $343,540 | -12.8% |
| Land Value | $173,656 | $260,485 | -33.3% |
| Improvement Value | $125,800 | $83,055 | +51.5% |
| Taxable Value | $299,456 | $309,186 | -3.1% |
| Exemptions | — | HS | |
| Total Tax 2026 = estimate |
~$6,128
Estimated
|
~$5,380
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $299,456 | $299,456 | +0 (+0.0%) |
| Taxable Value | $299,456 | $299,456 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $299,456 | $173,656 | $125,800 | — | $299,456 | $299,456 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $343,540 | $260,485 | $83,055 | — | $343,540 | $309,186 | ~$5,380 | Partial |
| 2024 | $580,870 | — | — | −$340,870 | $240,000 | $— | $7,733 | Verified |
| 2023 | $625,453 | — | — | −$385,453 | $240,000 | $— | $8,720 | Verified |
| 2022 | $437,000 | — | — | −$197,000 | $240,000 | $— | $10,093 | Verified |
| 2021 | $410,974 | — | — | −$250,974 | $160,000 | $— | $8,796 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -12.8% | -12.8% | ~100% | Not available | Partial |
| 2025 | -25.3% | -25.3% | ~100% | Not available | Partial |
| 2024 | -20.8% | -17.1% | ~100% | 1.6800% | Verified |
| 2023 | -7.1% | +0.3% | 95.5% | 1.5000% | Verified |
| 2022 | +43.1% | +26.6% | 88.4% | 1.6100% | Verified |
| 2021 | base year | — | ~100% | 2.1400% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -21.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -12.8% | -2.3% | -1.6% | +43.1% | 2023 | -40.9% | 2025 |
| Assessment Ratio | 100.0% | 62.2% | — | 100.0% | 2025 | 38.4% | 2023 |
| Effective Tax Rate (2025) | 1.5700% | 1.5700% | — | 1.5700% | 2025 | 1.5700% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$5,380 | $8,144 | ~$5,874 | $10,093 | 2022 | $5,380 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$328,487 | ~$328,487 | ~2.0139% | ~$6,616 | -4.4% |
| 2027 | ~$314,093 | ~$314,093 | ~1.9814% | ~$6,223 | -8.6% |
| 2028 | ~$300,331 | ~$300,331 | ~1.9488% | ~$5,853 | -12.6% |
| 2029 | ~$287,171 | ~$287,171 | ~1.9163% | ~$5,503 | -16.4% |
| 2030 | ~$274,588 | ~$274,588 | ~1.8837% | ~$5,173 | -20.1% |
| 2026 | ~$326,363 | ~$326,363 | ~2.0465% | ~$6,679 | -5.0% |
| 2027 | ~$310,045 | ~$310,045 | ~2.0465% | ~$6,345 | -9.7% |
| 2028 | ~$294,543 | ~$294,543 | ~2.0465% | ~$6,028 | -14.3% |
| 2029 | ~$279,815 | ~$279,815 | ~2.0465% | ~$5,726 | -18.5% |
| 2030 | ~$265,825 | ~$265,825 | ~2.0465% | ~$5,440 | -22.6% |
| 2026 | ~$335,358 | ~$335,358 | ~1.9977% | ~$6,699 | -2.4% |
| 2027 | ~$327,370 | ~$327,370 | ~1.9488% | ~$6,380 | -4.7% |
| 2028 | ~$319,573 | ~$319,573 | ~1.9000% | ~$6,072 | -7.0% |
| 2029 | ~$311,962 | ~$311,962 | ~1.8512% | ~$5,775 | -9.2% |
| 2030 | ~$304,531 | ~$304,531 | ~1.8024% | ~$5,489 | -11.4% |
In 2025, this property's market value of $343,540 places it in the bottom 25% for Multi-Family properties in Travis County (12584 comparable) — -34% below 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 | $343,540 | $438,669 | $519,778 | $749,859 | ↓ Bottom 25% | -7.5% |
| 2024 | $580,870 | $467,458 | $564,615 | $848,565 | ↑ Above median | -6.3% |
| 2023 | $625,453 | $503,905 | $617,035 | $919,932 | ↑ Above median | +0.9% |
| 2022 | $437,000 | $506,618 | $615,058 | $906,429 | ↓ Bottom 25% | +39.1% |
| 2021 | $410,974 | $300,453 | $376,850 | $539,896 | ↑ Above median | 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.