601 W ST JOHNS AVE TX 78752
| Owner | EQR-ST JOHNS LP |
|---|---|
| Parcel ID | 0233100416 |
| Short ID | 235093 |
| Type | Real |
| Use Code | 08 Apartment 100+ Units |
| Valuation | Income |
| Improvement SF | 183,675 SF |
| Land SF | 104,932 SF |
| Acres | 2.409 |
| Year Built | 2020 |
| Legal | LOT 4-5,10-12 BLK 1 SILVERTON HEIGHTS |
| Neighborhood | 08NC1 |
| Land | $4,197,280 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $4,197,280 |
| Improvement | $36,802,720 |
|---|---|
| Total Improvement | $36,802,720 |
| Market | $41,000,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $41,000,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $41,000,000 |
| Taxable Value | $41,000,000 |
|---|
Appreciation: Market value has risen +88.8% from $21,720,338 (2021) to $41,000,000 (2025), a CAGR of 17.2% 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 $839,059. 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 10% of market value ($4,197,280 land vs $36,802,720 improvements), about $40/SF of land. Most value sits in the improvements, so building condition, age (~6 yrs), and rent roll drive the underwriting.
Submarket Position: At $41,000,000, 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 +17.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $90,715,282 by 2030, with an estimated annual tax burden around $1,243,852. 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.
1 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 183,675 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% | $369,154.80 | $369,154.80 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $209,082.78 | $209,082.78 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $149,962.16 | $149,962.16 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $47,091.18 | $47,091.18 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $41,256.60 | $41,256.60 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $816,547.52 | $816,547.52 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $34,000,000 | $41,000,000 | -17.1% |
| Assessed Value | $34,000,000 | $41,000,000 | -17.1% |
| Land Value | $4,197,280 | $4,197,280 | +0.0% |
| Improvement Value | $29,802,720 | $36,802,720 | -19.0% |
| Taxable Value | $34,000,000 | $41,000,000 | -17.1% |
| Total Tax 2026 = estimate |
~$695,805
Estimated
|
~$816,548
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $34,000,000 | $34,000,000 | +0 (+0.0%) |
| Taxable Value | $34,000,000 | $34,000,000 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $34,000,000 | $4,197,280 | $29,802,720 | — | $34,000,000 | $34,000,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $41,000,000 | $4,197,280 | $36,802,720 | — | $41,000,000 | $41,000,000 | ~$816,548 | Partial |
| 2024 | $56,000,000 | — | — | −$52,295,658 | $3,704,342 | $— | $894,673 | Verified |
| 2023 | $57,407,046 | — | — | −$53,702,704 | $3,704,342 | $— | $1,019,134 | Verified |
| 2022 | $37,771,184 | — | — | −$34,066,842 | $3,704,342 | $— | $1,079,202 | Verified |
| 2021 | $21,720,338 | — | — | −$18,942,081 | $2,778,257 | $— | $822,157 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -17.1% | -17.1% | ~100% | Not available | Partial |
| 2025 | -14.3% | -14.3% | ~100% | Not available | Partial |
| 2024 | -24.7% | -24.7% | ~100% | 1.8700% | Verified |
| 2023 | +10.6% | +10.6% | ~100% | 1.6000% | Verified |
| 2022 | +52.0% | +52.0% | ~100% | 1.8800% | Verified |
| 2021 | base year | — | ~100% | 3.7900% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +8.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -17.1% | +15.9% | +22.0% | +73.9% | 2022 | -26.8% | 2025 |
| Assessment Ratio | 100.0% | 39.3% | — | 100.0% | 2025 | 6.5% | 2023 |
| Effective Tax Rate (2025) | 1.9900% | 1.9900% | — | 1.9900% | 2025 | 1.9900% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$816,548 | $926,343 | ~$1,069,784 | $1,079,202 | 2022 | $816,548 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$48,057,721 | ~$45,100,000 | ~2.0139% | ~$908,285 | +17.2% |
| 2027 | ~$56,330,356 | ~$49,610,000 | ~1.9814% | ~$982,967 | +37.4% |
| 2028 | ~$66,027,038 | ~$54,571,000 | ~1.9488% | ~$1,063,501 | +61.0% |
| 2029 | ~$77,392,902 | ~$60,028,100 | ~1.9163% | ~$1,150,313 | +88.8% |
| 2030 | ~$90,715,282 | ~$66,030,910 | ~1.8837% | ~$1,243,852 | +121.3% |
| 2026 | ~$47,237,721 | ~$45,100,000 | ~2.0465% | ~$922,965 | +15.2% |
| 2027 | ~$54,424,447 | ~$49,610,000 | ~2.0465% | ~$1,015,261 | +32.7% |
| 2028 | ~$62,704,558 | ~$54,571,000 | ~2.0465% | ~$1,116,787 | +52.9% |
| 2029 | ~$72,244,401 | ~$60,028,100 | ~2.0465% | ~$1,228,466 | +76.2% |
| 2030 | ~$83,235,632 | ~$66,030,910 | ~2.0465% | ~$1,351,313 | +103.0% |
| 2026 | ~$48,877,721 | ~$45,100,000 | ~1.9977% | ~$900,946 | +19.2% |
| 2027 | ~$58,269,065 | ~$49,610,000 | ~1.9488% | ~$966,819 | +42.1% |
| 2028 | ~$69,464,857 | ~$54,571,000 | ~1.9000% | ~$1,036,858 | +69.4% |
| 2029 | ~$82,811,803 | ~$60,028,100 | ~1.8512% | ~$1,111,237 | +102.0% |
| 2030 | ~$98,723,225 | ~$66,030,910 | ~1.8024% | ~$1,190,122 | +140.8% |
In 2025, this property's market value of $41,000,000 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 79× 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 | $41,000,000 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $56,000,000 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $57,407,046 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $37,771,184 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $21,720,338 | $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.