4821 E RIVERSIDE DR TX 78741
| Owner | 4821 EAST RIVERSIDE DRIVE LLC |
|---|---|
| Parcel ID | 0308100301 |
| Short ID | 551506 |
| Type | Real |
| Use Code | 07 Apartment 50–100 Units |
| Valuation | Income |
| Improvement SF | 54,050 SF |
| Land SF | 145,413 SF |
| Acres | 3.338 |
| Year Built | 1973 |
| Legal | AUSTIN OAKS CONDOMINIUMS (COMMON AREA) (COMMON AREA) |
| Neighborhood | 08SE |
| Land | $2,617,434 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,617,434 |
| Improvement | $6,892,566 |
|---|---|
| Total Improvement | $6,892,566 |
| Market | $9,510,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $9,510,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $9,510,000 |
| Taxable Value | $9,510,000 |
|---|
Appreciation: Market value has fallen -3.9% from $9,900,000 (2021) to $9,510,000 (2025), a CAGR of -1.0% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2025→2026), 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 2.0702% in 2025 (+0.0420% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $196,875. Del Valle ISD is the largest single contributor, at 45.8% 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 28% of market value ($2,617,434 land vs $6,892,566 improvements), about $18/SF of land. Most value sits in the improvements, so building condition, age (~53 yrs), and rent roll drive the underwriting.
Submarket Position: At $9,510,000, 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 -1.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $9,044,034 by 2030, with an estimated annual tax burden around $159,328. 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.
22 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| SO | Sketch Only | 58,074 SF | ✗ |
| 551 | PAVED AREA | 39,000 SF | ✗ |
| 1ST | 1st Floor | 34,996 SF | ✓ |
| 2ND | 2nd Floor | 19,054 SF | ✓ |
| 011C | PORCH OPEN 1ST COMM | 4,442 SF | ✗ |
| 012C | PORCH OPEN 2 COMM | 2,592 SF | ✗ |
| 612C | TERRACE UNCOVERD COMM | 2,018 SF | ✗ |
| 581C | STORAGE ATT COMM | 1,221 SF | ✓ |
| 602 | POOL RES CONC | 800 SF | ✗ |
| 501 | CANOPY | 232 SF | ✗ |
| 512C | DECK UNCOVRED COMM | 60 SF | ✗ |
| 299 | ALL FLAT VALUE | 2 SF | ✓ |
| 132 | PLBG 5-FIXT AVG | 1 SF | ✓ |
| 152 | COMMODE AVG | 1 SF | ✓ |
| 162 | LAVATORY AVG | 1 SF | ✓ |
| 172 | SHOWER STALL AVG | 1 SF | ✓ |
| 269 | OBS RANGE DRP-IN | 1 SF | ✓ |
| 303 | STAIRWAYS FV | 1 SF | ✓ |
| 305 | BALCONY FV | 1 SF | ✓ |
| 522C | FIREPLACE COMM | 1 SF | ✓ |
| 539 | FENCE FV | 1 SF | ✗ |
| 579 | STORAGE DET FV | 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 |
|---|---|---|---|---|---|---|---|---|---|
| IDV Del Valle ISD | 1.2020% | 1.1846% | 1.0028% | 0.9969% | 0.9489% | -0.0480% | $90,240.39 | $90,240.39 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $49,834.02 | $49,834.02 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $35,742.86 | $35,742.86 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $11,223.99 | $11,223.99 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $9,833.34 | $9,833.34 | Paid |
| Combined Rate | 2.3170% | 2.1629% | 1.9525% | 2.0282% | 2.0702% | +0.0420% | $196,874.60 | $196,874.60 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $7,840,000 | $9,510,000 | -17.6% |
| Assessed Value | $7,840,000 | $9,510,000 | -17.6% |
| Land Value | $2,617,434 | $2,617,434 | +0.0% |
| Improvement Value | $5,222,566 | $6,892,566 | -24.2% |
| Taxable Value | $7,840,000 | $9,510,000 | -17.6% |
| Total Tax 2026 = estimate |
~$162,302
Estimated
|
~$196,875
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $9,446,913 | $7,840,000 | -1,606,913 (-17.0%) |
| Taxable Value | $9,446,913 | $7,840,000 | -1,606,913 (-17.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $7,840,000 | $2,617,434 | $5,222,566 | — | $7,840,000 | $7,840,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $9,510,000 | $2,617,434 | $6,892,566 | — | $9,510,000 | $9,510,000 | ~$196,875 | Partial |
| 2024 | $10,500,000 | — | — | −$7,882,566 | $2,617,434 | $— | $208,580 | Verified |
| 2023 | $10,000,000 | — | — | −$7,382,566 | $2,617,434 | $— | $205,747 | Verified |
| 2022 | $9,900,000 | — | — | −$7,282,566 | $2,617,434 | $— | $216,766 | Verified |
| 2021 | $9,900,000 | — | — | −$7,282,566 | $2,617,434 | $— | $229,381 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -0.7% | -0.7% | ~100% | Not available | Partial |
| 2025 | -7.5% | -7.5% | ~100% | Not available | Partial |
| 2024 | -8.5% | -8.5% | ~100% | 2.0300% | Verified |
| 2023 | +7.3% | +7.3% | ~100% | 1.8300% | Verified |
| 2022 | +5.9% | +5.9% | ~100% | 2.0700% | Verified |
| 2021 | base year | — | ~100% | 2.3200% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -3.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -17.6% | -4.2% | +3.2% | +5.0% | 2024 | -17.6% | 2026 |
| Assessment Ratio | 100.0% | 50.6% | — | 100.0% | 2025 | 24.9% | 2024 |
| Effective Tax Rate (2025) | 2.0700% | 2.0700% | — | 2.0700% | 2025 | 2.0700% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$196,875 | $211,470 | ~$174,081 | $229,381 | 2021 | $196,875 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$9,414,925 | ~$9,414,925 | ~2.0085% | ~$189,097 | -1.0% |
| 2027 | ~$9,320,800 | ~$9,320,800 | ~1.9468% | ~$181,456 | -2.0% |
| 2028 | ~$9,227,616 | ~$9,227,616 | ~1.8851% | ~$173,949 | -3.0% |
| 2029 | ~$9,135,364 | ~$9,135,364 | ~1.8234% | ~$166,573 | -3.9% |
| 2030 | ~$9,044,034 | ~$9,044,034 | ~1.7617% | ~$159,328 | -4.9% |
| 2026 | ~$9,224,725 | ~$9,224,725 | ~2.0702% | ~$190,969 | -3.0% |
| 2027 | ~$8,948,007 | ~$8,948,007 | ~2.0702% | ~$185,240 | -5.9% |
| 2028 | ~$8,679,590 | ~$8,679,590 | ~2.0702% | ~$179,684 | -8.7% |
| 2029 | ~$8,419,225 | ~$8,419,225 | ~2.0702% | ~$174,294 | -11.5% |
| 2030 | ~$8,166,670 | ~$8,166,670 | ~2.0702% | ~$169,065 | -14.1% |
| 2026 | ~$9,605,125 | ~$9,605,125 | ~1.9776% | ~$189,955 | +1.0% |
| 2027 | ~$9,701,201 | ~$9,701,201 | ~1.8851% | ~$182,876 | +2.0% |
| 2028 | ~$9,798,238 | ~$9,798,238 | ~1.7925% | ~$175,638 | +3.0% |
| 2029 | ~$9,896,246 | ~$9,896,246 | ~1.7000% | ~$168,236 | +4.1% |
| 2030 | ~$9,995,234 | ~$9,995,234 | ~1.6074% | ~$160,668 | +5.1% |
In 2025, this property's market value of $9,510,000 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 | $9,510,000 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $10,500,000 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $10,000,000 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $9,900,000 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $9,900,000 | $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.