615 W ST JOHNS AVE TX 78752
| Owner | AHFC MIDTOWN FLATS |
|---|---|
| Parcel ID | 0233100434 |
| Short ID | 235104 |
| Type | Real |
| Use Code | 06 Apartment 26–49 Units |
| Valuation | Income |
| Improvement SF | 27,770 SF |
| Land SF | 44,241 SF |
| Acres | 1.016 |
| Year Built | 1969 |
| Legal | LOT 1 NORTHFAIR ADDN |
| Neighborhood | 06NC1 |
| Land | $1,769,640 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,769,640 |
| Improvement | $7,734,360 |
|---|---|
| Total Improvement | $7,734,360 |
| Market | $9,504,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $9,504,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $9,504,000 |
| Taxable Value | $9,504,000 |
|---|
Appreciation: Market value has risen +78.5% from $5,323,340 (2021) to $9,504,000 (2025), a CAGR of 15.6% 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.
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 19% of market value ($1,769,640 land vs $7,734,360 improvements), about $40/SF of land. Most value sits in the improvements, so building condition, age (~57 yrs), and rent roll drive the underwriting.
Submarket Position: At $9,504,000, 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 +15.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $19,613,685 by 2030, with an estimated annual tax burden around $0. 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.
13 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 18,000 SF | ✗ |
| 1ST | 1st Floor | 13,990 SF | ✓ |
| 2ND | 2nd Floor | 13,780 SF | ✓ |
| 591 | MASONRY TRIM SF | 4,650 SF | ✗ |
| SO | Sketch Only | 3,734 SF | ✗ |
| 011C | PORCH OPEN 1ST COMM | 2,706 SF | ✗ |
| 012C | PORCH OPEN 2 COMM | 2,340 SF | ✗ |
| 581C | STORAGE ATT COMM | 1,042 SF | ✓ |
| 601 | POOL COMM'L | 448 SF | ✗ |
| 541 | FENCE COMM LF | 300 SF | ✗ |
| 132 | PLBG 5-FIXT AVG | 1 SF | ✓ |
| 242 | OBS OVEN/BURN | 1 SF | ✓ |
| 413 | STAIRWAY EXT | 1 SF | ✓ |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $9,216,000 | $9,504,000 | -3.0% |
| Assessed Value | $9,216,000 | $9,504,000 | -3.0% |
| Land Value | $1,769,640 | $1,769,640 | +0.0% |
| Improvement Value | $7,446,360 | $7,734,360 | -3.7% |
| Taxable Value | — | — | — |
| Exemptions | — | F | |
| Total Tax | Pending certification | — | |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $9,216,000 | $9,216,000 | +0 (+0.0%) |
| Taxable Value | — | — | — |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $9,216,000 | $1,769,640 | $7,446,360 | — | $9,216,000 | $— | Not yet — post-cert | Certified — no billing yet |
| 2025 | $9,504,000 | $1,769,640 | $7,734,360 | — | $9,504,000 | $— | not in county billing file ⓘ | Partial |
| 2024 | $7,200,000 | — | — | — | — | $— | not in county billing file ⓘ | Partial |
| 2023 | $5,943,044 | — | — | — | — | $— | not in county billing file ⓘ | Partial |
| 2022 | $5,323,340 | — | — | −$3,553,700 | $1,769,640 | $— | $79,454 | Verified |
| 2021 | $5,323,340 | — | — | −$3,996,110 | $1,327,230 | $— | $110,209 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -3.0% | -3.0% | ~100% | Not available | Partial |
| 2025 | +10.0% | +10.0% | ~100% | Not available | Partial |
| 2024 | +20.0% | +20.0% | ~100% | No billing data | Verified |
| 2023 | +21.2% | +21.2% | ~100% | No billing data | Verified |
| 2022 | +11.6% | +11.6% | ~100% | 1.3400% | Verified |
| 2021 | base year | — | ~100% | 2.0700% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +78.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -3.0% | +12.4% | +16.3% | +32.0% | 2025 | -3.0% | 2026 |
| Assessment Ratio | 100.0% | 64.5% | — | 100.0% | 2025 | 24.9% | 2021 |
|
Effective Tax Rate (2025)
⚑ Billing data available for 2025 only |
— | — | — | — | — | — | — |
| Tax Amount | $79,454 | $94,832 | — | $110,209 | 2021 | $79,454 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$10,985,934 | ~$10,454,400 | ~0.0000% | ~$0 | +15.6% |
| 2027 | ~$12,698,942 | ~$11,499,840 | ~0.0000% | ~$0 | +33.6% |
| 2028 | ~$14,679,055 | ~$12,649,824 | ~0.0000% | ~$0 | +54.5% |
| 2029 | ~$16,967,922 | ~$13,914,806 | ~0.0000% | ~$0 | +78.5% |
| 2030 | ~$19,613,685 | ~$15,306,287 | ~0.0000% | ~$0 | +106.4% |
| 2026 | ~$10,795,854 | ~$10,454,400 | ~0.0000% | ~$0 | +13.6% |
| 2027 | ~$12,263,306 | ~$11,499,840 | ~0.0000% | ~$0 | +29.0% |
| 2028 | ~$13,930,225 | ~$12,649,824 | ~0.0000% | ~$0 | +46.6% |
| 2029 | ~$15,823,725 | ~$13,914,806 | ~0.0000% | ~$0 | +66.5% |
| 2030 | ~$17,974,602 | ~$15,306,287 | ~0.0000% | ~$0 | +89.1% |
| 2026 | ~$11,176,014 | ~$10,454,400 | ~0.0000% | ~$0 | +17.6% |
| 2027 | ~$13,142,181 | ~$11,499,840 | ~0.0000% | ~$0 | +38.3% |
| 2028 | ~$15,454,251 | ~$12,649,824 | ~0.0000% | ~$0 | +62.6% |
| 2029 | ~$18,173,077 | ~$13,914,806 | ~0.0000% | ~$0 | +91.2% |
| 2030 | ~$21,370,219 | ~$15,306,287 | ~0.0000% | ~$0 | +124.9% |
In 2025, this property's market value of $9,504,000 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 18× 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 | $9,504,000 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $7,200,000 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $5,943,044 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $5,323,340 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $5,323,340 | $300,453 | $376,850 | $539,896 | ↑ Top 25% | base yr |