8609 PUTNAM DR TX 78757
| Owner | SMITH ERNEST E III |
|---|---|
| Parcel ID | 0241101031 |
| Short ID | 246286 |
| Type | Real |
| Use Code | 04 Fourplex |
| Valuation | Income |
| Improvement SF | 2,590 SF |
| Land SF | 9,004 SF |
| Acres | 0.207 |
| Year Built | 1973 |
| Legal | LOT 4 VAIL SUBD SEC 2 |
| Neighborhood | Y6006 |
| Land | $335,285 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $335,285 |
| Improvement | $217,101 |
|---|---|
| Total Improvement | $217,101 |
| Market | $552,386 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $552,386 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $552,386 |
| Taxable Value | $552,386 |
|---|
Appreciation: Market value has risen +28.7% from $429,348 (2021) to $552,386 (2025), a CAGR of 6.5% over 4 years. This represents moderate, steady growth. 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 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 $11,304. 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 61% of market value ($335,285 land vs $217,101 improvements), about $37/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $552,386, this parcel sits in the upper-middle (50th–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 +6.5% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $756,892 by 2030, with an estimated annual tax burden around $14,258. 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 | 2,590 SF | ✗ |
| 1ST | 1st Floor | 2,210 SF | ✓ |
| 2ND | 2nd Floor | 380 SF | ✓ |
| 612 | TERRACE UNCOVERD | 380 SF | ✗ |
| SO | Sketch Only | 380 SF | ✗ |
| 581 | STORAGE ATT | 9 SF | ✓ |
| 251 | BATHROOM | 4 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% | $5,110.68 | $5,110.68 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $2,894.60 | $2,894.60 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,076.12 | $2,076.12 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $651.94 | $651.94 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $571.17 | $571.17 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $11,304.51 | $11,304.51 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $584,371 | $552,386 | +5.8% |
| Assessed Value | $584,371 | $552,386 | +5.8% |
| Land Value | $206,329 | $335,285 | -38.5% |
| Improvement Value | $378,042 | $217,101 | +74.1% |
| Taxable Value | $584,371 | $552,386 | +5.8% |
| Total Tax 2026 = estimate |
~$11,959
Estimated
|
~$11,305
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $584,371 | $584,371 | +0 (+0.0%) |
| Taxable Value | $584,371 | $584,371 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $584,371 | $206,329 | $378,042 | — | $584,371 | $584,371 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $552,386 | $335,285 | $217,101 | — | $552,386 | $552,386 | ~$11,305 | Partial |
| 2024 | $685,238 | — | — | −$360,238 | $325,000 | $— | $13,102 | Verified |
| 2023 | $619,593 | — | — | −$294,593 | $325,000 | $— | $12,398 | Verified |
| 2022 | $510,252 | — | — | −$150,252 | $360,000 | $— | $12,236 | Verified |
| 2021 | $429,348 | — | — | −$189,348 | $240,000 | $— | $11,107 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +5.8% | +5.8% | ~100% | Not available | Partial |
| 2025 | -16.4% | -16.4% | ~100% | Not available | Partial |
| 2024 | -3.5% | -3.5% | ~100% | 1.9800% | Verified |
| 2023 | +10.6% | +10.6% | ~100% | 1.8100% | Verified |
| 2022 | +21.4% | +21.4% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.5900% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +8.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +5.8% | +7.4% | +5.3% | +21.4% | 2023 | -19.4% | 2025 |
| Assessment Ratio | 100.0% | 71.1% | — | 100.0% | 2025 | 47.4% | 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 |
$11,305 | $12,029 | ~$13,029 | $13,102 | 2024 | $11,107 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$588,303 | ~$588,303 | ~2.0139% | ~$11,848 | +6.5% |
| 2027 | ~$626,555 | ~$626,555 | ~1.9814% | ~$12,414 | +13.4% |
| 2028 | ~$667,295 | ~$667,295 | ~1.9488% | ~$13,005 | +20.8% |
| 2029 | ~$710,683 | ~$710,683 | ~1.9163% | ~$13,619 | +28.7% |
| 2030 | ~$756,892 | ~$756,892 | ~1.8837% | ~$14,258 | +37.0% |
| 2026 | ~$577,255 | ~$577,255 | ~2.0465% | ~$11,813 | +4.5% |
| 2027 | ~$603,244 | ~$603,244 | ~2.0465% | ~$12,345 | +9.2% |
| 2028 | ~$630,403 | ~$630,403 | ~2.0465% | ~$12,901 | +14.1% |
| 2029 | ~$658,784 | ~$658,784 | ~2.0465% | ~$13,482 | +19.3% |
| 2030 | ~$688,444 | ~$688,444 | ~2.0465% | ~$14,089 | +24.6% |
| 2026 | ~$599,351 | ~$599,351 | ~1.9977% | ~$11,973 | +8.5% |
| 2027 | ~$650,308 | ~$650,308 | ~1.9488% | ~$12,673 | +17.7% |
| 2028 | ~$705,598 | ~$705,598 | ~1.9000% | ~$13,406 | +27.7% |
| 2029 | ~$765,589 | ~$765,589 | ~1.8512% | ~$14,173 | +38.6% |
| 2030 | ~$830,681 | ~$830,681 | ~1.8024% | ~$14,972 | +50.4% |
In 2025, this property's market value of $552,386 places it in the 50th–75th percentile for Multi-Family properties in Travis County (12584 comparable) — +6% 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 | $552,386 | $438,669 | $519,778 | $749,859 | ↑ Above median | -7.5% |
| 2024 | $685,238 | $467,458 | $564,615 | $848,565 | ↑ Above median | -6.3% |
| 2023 | $619,593 | $503,905 | $617,035 | $919,932 | ↑ Above median | +0.9% |
| 2022 | $510,252 | $506,618 | $615,058 | $906,429 | ↓ Below median | +39.1% |
| 2021 | $429,348 | $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.