6313 FELIX AVE TX 78741
| Owner | KOLLI SUDHIR & SREELAKSHMI |
|---|---|
| Parcel ID | 0305160419 |
| Short ID | 286485 |
| Type | Real |
| Use Code | 03 Triplex |
| Valuation | Income |
| Improvement SF | 2,061 SF |
| Land SF | 9,580 SF |
| Acres | 0.220 |
| Year Built | 1947 |
| Legal | LOT 2 SIFUENTEZ FRANK SUBD |
| Neighborhood | F1265 |
| Land | $184,352 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $184,352 |
| Improvement | $85,998 |
|---|---|
| Total Improvement | $85,998 |
| Market | $270,350 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $270,350 |
| Value Limitation Adjustment (−) (homestead cap) | −$21,980 |
| Net Appraised (assessed) | $248,370 |
| Taxable Value | $248,370 |
|---|
Appreciation: Market value has risen +12.4% from $240,500 (2021) to $270,350 (2025), a CAGR of 3.0% 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 $5,083. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Assessment Gap: Assessed value ($248,370) is $21,980 below market value, suggesting potential for an upward assessment in future years.
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 68% of market value ($184,352 land vs $85,998 improvements), about $19/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $270,350, 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 +3.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $312,925 by 2030, with an estimated annual tax burden around $5,895. 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.
5 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 2,061 SF | ✓ |
| 095 | HVAC RESIDENTIAL | 2,061 SF | ✗ |
| 612 | TERRACE UNCOVERD | 1,564 SF | ✗ |
| 581 | STORAGE ATT | 51 SF | ✓ |
| 251 | BATHROOM | 3 SF | ✓ |
Market value changed by 135% in 2024, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| 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% | $2,297.92 | $2,297.92 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $1,301.50 | $1,301.50 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $933.49 | $933.49 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $293.13 | $293.13 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $256.81 | $256.81 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $5,082.85 | $5,082.85 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $302,000 | $270,350 | +11.7% |
| Assessed Value | $298,044 | $248,370 | +20.0% |
| Land Value | $194,754 | $184,352 | +5.6% |
| Improvement Value | $107,246 | $85,998 | +24.7% |
| Taxable Value | $298,044 | $248,370 | +20.0% |
| HS Cap Loss | -$3,956 | — | |
| Total Tax 2026 = estimate |
~$6,099
Estimated
|
~$5,083
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $326,586 | $302,000 | -24,586 (-7.5%) |
| Taxable Value | $298,044 | $298,044 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $302,000 | $194,754 | $107,246 | −$3,956 | $298,044 | $298,044 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $270,350 | $184,352 | $85,998 | −$21,980 | $248,370 | $248,370 | ~$5,083 | Partial |
| 2024 | $172,479 | — | — | — | $270,000 ! | $— | $4,102 | Verified |
| 2023 | $193,361 | — | — | −$88,361 | $105,000 | $— | $3,121 | Verified |
| 2022 | $220,464 | — | — | −$115,464 | $105,000 | $— | $3,819 | Verified |
| 2021 | $240,500 | — | — | −$135,500 | $105,000 | $— | $4,799 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +20.8% | +20.0% | 91.3% | Not available | Partial |
| 2025 | -33.3% | +20.0% | 91.9% | Not available | Partial |
| 2024 | +135.1% ! | +20.0% | 51.0% | 1.0100% | Verified |
| 2023 | -19.6% | -19.6% | ~100% | 1.8100% | Verified |
| 2022 | -2.7% | -2.7% | ~100% | 1.7800% | Verified |
| 2021 | base year | — | ~100% | 2.0000% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +22.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +11.7% | +7.4% | +0.8% | +56.7% | 2025 | -12.3% | 2023 |
| Assessment Ratio | 98.7% | 82.1% | — | 156.5% | 2024 | 43.7% | 2021 |
| Effective Tax Rate (2025) | 1.8800% | 1.8800% | — | 1.8800% | 2025 | 1.8800% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$5,083 | $4,185 | ~$5,730 | $5,083 | 2025 | $3,121 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$278,374 | ~$273,207 | ~2.0139% | ~$5,502 | +3.0% |
| 2027 | ~$286,637 | ~$286,637 | ~1.9814% | ~$5,679 | +6.0% |
| 2028 | ~$295,145 | ~$295,145 | ~1.9488% | ~$5,752 | +9.2% |
| 2029 | ~$303,905 | ~$303,905 | ~1.9163% | ~$5,824 | +12.4% |
| 2030 | ~$312,925 | ~$312,925 | ~1.8837% | ~$5,895 | +15.7% |
| 2026 | ~$272,967 | ~$272,967 | ~2.0465% | ~$5,586 | +1.0% |
| 2027 | ~$275,610 | ~$275,610 | ~2.0465% | ~$5,640 | +1.9% |
| 2028 | ~$278,278 | ~$278,278 | ~2.0465% | ~$5,695 | +2.9% |
| 2029 | ~$280,972 | ~$280,972 | ~2.0465% | ~$5,750 | +3.9% |
| 2030 | ~$283,693 | ~$283,693 | ~2.0465% | ~$5,806 | +4.9% |
| 2026 | ~$283,781 | ~$273,207 | ~1.9977% | ~$5,458 | +5.0% |
| 2027 | ~$297,880 | ~$297,880 | ~1.9488% | ~$5,805 | +10.2% |
| 2028 | ~$312,679 | ~$312,679 | ~1.9000% | ~$5,941 | +15.7% |
| 2029 | ~$328,213 | ~$328,213 | ~1.8512% | ~$6,076 | +21.4% |
| 2030 | ~$344,519 | ~$344,519 | ~1.8024% | ~$6,210 | +27.4% |
In 2025, this property's market value of $270,350 places it in the bottom 25% for Multi-Family properties in Travis County (12584 comparable) — -48% 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 | $270,350 | $438,669 | $519,778 | $749,859 | ↓ Bottom 25% | -7.5% |
| 2024 | $172,479 | $467,458 | $564,615 | $848,565 | ↓ Bottom 25% | -6.3% |
| 2023 | $193,361 | $503,905 | $617,035 | $919,932 | ↓ Bottom 25% | +0.9% |
| 2022 | $220,464 | $506,618 | $615,058 | $906,429 | ↓ Bottom 25% | +39.1% |
| 2021 | $240,500 | $300,453 | $376,850 | $539,896 | ↓ Bottom 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.