501 DEEN AVE TX 78753
| Owner | GREEN ACRES NATIONAL LLC |
|---|---|
| Parcel ID | 0238150323 |
| Short ID | 241810 |
| Type | Real |
| Use Code | 05 Apartment 5–25 Units |
| Valuation | Income |
| Improvement SF | 5,422 SF |
| Land SF | 23,987 SF |
| Acres | 0.551 |
| Year Built | 1972 |
| Legal | LOT 6&7 PICKLE ROBERT L SUBD PLUS 458 SF OF LOT 3 JERNIGAN H C SUBD |
| Neighborhood | 05NO |
| Land | $273,452 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $273,452 |
| Improvement | $594,068 |
|---|---|
| Total Improvement | $594,068 |
| Market | $867,520 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $867,520 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $867,520 |
| Taxable Value | $867,520 |
|---|
Appreciation: Market value has risen +66.9% from $519,771 (2021) to $867,520 (2025), a CAGR of 13.7% 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 $17,754. 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 32% of market value ($273,452 land vs $594,068 improvements), about $11/SF of land. Most value sits in the improvements, so building condition, age (~54 yrs), and rent roll drive the underwriting.
Submarket Position: At $867,520, 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 +13.7% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,645,750 by 2030, with an estimated annual tax burden around $26,319. 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.
10 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 4,200 SF | ✗ |
| 1ST | 1st Floor | 2,711 SF | ✓ |
| 2ND | 2nd Floor | 2,711 SF | ✓ |
| 591 | MASONRY TRIM SF | 2,400 SF | ✗ |
| 011C | PORCH OPEN 1ST COMM | 524 SF | ✗ |
| 012C | PORCH OPEN 2 COMM | 524 SF | ✗ |
| 071 | OBS HEAT WALL | 35 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% | $8,026.30 | $8,026.30 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $4,545.95 | $4,545.95 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,260.53 | $3,260.53 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,023.87 | $1,023.87 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $897.02 | $897.02 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $17,753.67 | $17,753.67 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $867,520 | $867,520 | +0.0% |
| Assessed Value | $867,520 | $867,520 | +0.0% |
| Land Value | $273,452 | $273,452 | +0.0% |
| Improvement Value | $594,068 | $594,068 | +0.0% |
| Taxable Value | $867,520 | $867,520 | +0.0% |
| Total Tax 2026 = estimate |
~$17,754
Estimated
|
~$17,754
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,030,180 | $867,520 | -162,660 (-15.8%) |
| Taxable Value | $1,030,180 | $867,520 | -162,660 (-15.8%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $867,520 | $273,452 | $594,068 | — | $867,520 | $867,520 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $867,520 | $273,452 | $594,068 | — | $867,520 | $867,520 | ~$17,754 | Partial |
| 2024 | $731,970 | — | — | −$458,518 | $273,452 | $— | $15,007 | Verified |
| 2023 | $650,000 | — | — | −$376,548 | $273,452 | $— | $13,243 | Verified |
| 2022 | $519,771 | — | — | −$246,319 | $273,452 | $— | $10,925 | Verified |
| 2021 | $519,771 | — | — | −$246,319 | $273,452 | $— | $11,314 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +18.8% | +18.8% | ~100% | Not available | Partial |
| 2025 | +14.6% | +14.6% | ~100% | Not available | Partial |
| 2024 | +3.5% | +3.5% | ~100% | 1.9800% | Verified |
| 2023 | -15.6% | -15.6% | ~100% | 1.8100% | Verified |
| 2022 | +18.5% | +18.5% | ~100% | 1.2600% | Verified |
| 2021 | base year | — | ~100% | 2.1800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +18.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +11.2% | +13.7% | +25.1% | 2023 | +0.0% | 2022 |
| Assessment Ratio | 100.0% | 64.1% | — | 100.0% | 2025 | 37.4% | 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 |
$17,754 | $13,649 | ~$22,636 | $17,754 | 2025 | $10,925 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$986,044 | ~$954,272 | ~2.0139% | ~$19,218 | +13.7% |
| 2027 | ~$1,120,762 | ~$1,049,699 | ~1.9814% | ~$20,799 | +29.2% |
| 2028 | ~$1,273,885 | ~$1,154,669 | ~1.9488% | ~$22,503 | +46.8% |
| 2029 | ~$1,447,928 | ~$1,270,136 | ~1.9163% | ~$24,340 | +66.9% |
| 2030 | ~$1,645,750 | ~$1,397,150 | ~1.8837% | ~$26,319 | +89.7% |
| 2026 | ~$968,694 | ~$954,272 | ~2.0465% | ~$19,529 | +11.7% |
| 2027 | ~$1,081,667 | ~$1,049,699 | ~2.0465% | ~$21,482 | +24.7% |
| 2028 | ~$1,207,815 | ~$1,154,669 | ~2.0465% | ~$23,630 | +39.2% |
| 2029 | ~$1,348,676 | ~$1,270,136 | ~2.0465% | ~$25,993 | +55.5% |
| 2030 | ~$1,505,964 | ~$1,397,150 | ~2.0465% | ~$28,592 | +73.6% |
| 2026 | ~$1,003,395 | ~$954,272 | ~1.9977% | ~$19,063 | +15.7% |
| 2027 | ~$1,160,550 | ~$1,049,699 | ~1.9488% | ~$20,457 | +33.8% |
| 2028 | ~$1,342,320 | ~$1,154,669 | ~1.9000% | ~$21,939 | +54.7% |
| 2029 | ~$1,552,560 | ~$1,270,136 | ~1.8512% | ~$23,513 | +79.0% |
| 2030 | ~$1,795,729 | ~$1,397,150 | ~1.8024% | ~$25,182 | +107.0% |
In 2025, this property's market value of $867,520 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — +67% above 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 | $867,520 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $731,970 | $467,458 | $564,615 | $848,565 | ↑ Above median | -6.3% |
| 2023 | $650,000 | $503,905 | $617,035 | $919,932 | ↑ Above median | +0.9% |
| 2022 | $519,771 | $506,618 | $615,058 | $906,429 | ↓ Below median | +39.1% |
| 2021 | $519,771 | $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.