4601 E ST ELMO RD TX 78744
| Owner | KINGFISHER CREEK |
|---|---|
| Parcel ID | 0318040201 |
| Short ID | 551971 |
| Type | Real |
| Use Code | 06 Apartment 26–49 Units |
| Valuation | Income |
| Improvement SF | 42,482 SF |
| Land SF | 199,069 SF |
| Acres | 4.570 |
| Year Built | 2003 |
| Legal | KING FISHER CREEK CONDOMINIUMS COMMON AREA |
| Neighborhood | 08TC |
| Land | $796,276 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $796,276 |
| Improvement | $2,383,724 |
|---|---|
| Total Improvement | $2,383,724 |
| Market | $3,180,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $3,180,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $3,180,000 |
| Taxable Value | $3,180,000 |
|---|
Appreciation: Market value has risen +194.4% from $1,080,000 (2021) to $3,180,000 (2025), a CAGR of 31.0% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2021→2022), 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 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 $65,078. 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 25% of market value ($796,276 land vs $2,383,724 improvements), about $4/SF of land. Most value sits in the improvements, so building condition, age (~23 yrs), and rent roll drive the underwriting.
Submarket Position: At $3,180,000, 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 +31.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $12,265,389 by 2030, with an estimated annual tax burden around $96,474. 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.
1 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 42,482 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% | $14,710.68 | $14,710.68 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $8,331.87 | $8,331.87 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $5,975.94 | $5,975.94 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,876.57 | $1,876.57 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,644.06 | $1,644.06 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $32,539.12 | $32,539.12 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $3,190,000 | $3,180,000 | +0.3% |
| Assessed Value | $3,190,000 | $3,180,000 | +0.3% |
| Land Value | $796,276 | $796,276 | +0.0% |
| Improvement Value | $2,393,724 | $2,383,724 | +0.4% |
| Taxable Value | $1,595,000 | $3,180,000 | -49.8% |
| Exemptions | — | I | |
| Total Tax 2026 = estimate |
~$32,641
Estimated
|
~$32,539
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $4,223,315 | $3,190,000 | -1,033,315 (-24.5%) |
| Taxable Value | $3,816,000 | $1,595,000 | -2,221,000 (-58.2%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $3,190,000 | $796,276 | $2,393,724 | — | $3,190,000 | $1,595,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $3,180,000 | $796,276 | $2,383,724 | — | $3,180,000 | $3,180,000 | ~$32,539 | Partial |
| 2024 | $3,338,283 | — | — | −$2,542,007 | $796,276 | $— | $31,779 | Verified |
| 2023 | $2,700,000 | — | — | −$1,903,724 | $796,276 | $— | $30,199 | Verified |
| 2022 | $2,500,000 | — | — | −$1,703,724 | $796,276 | $— | $26,661 | Verified |
| 2021 | $1,080,000 | — | — | — | — | $— | $27,208 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +32.8% | +20.0% | 90.4% | Not available | Partial |
| 2025 | -21.1% | -20.6% | ~100% | Not available | Partial |
| 2024 | +20.7% | +20.0% | 99.4% | 0.7900% | Verified |
| 2023 | +23.6% | +23.6% | ~100% | 0.9000% | Verified |
| 2022 | +8.0% | +8.0% | ~100% | 0.9900% | Verified |
| 2021 | base year | — | ~100% | 2.5200% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +27.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.3% | +31.7% | +30.9% | +131.5% | 2022 | -4.7% | 2025 |
| Assessment Ratio | 100.0% | 57.1% | — | 100.0% | 2025 | 23.9% | 2024 |
| Effective Tax Rate (2025) | 1.0200% | 1.0200% | — | 1.0200% | 2025 | 1.0200% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$32,539 | $29,677 | ~$82,973 | $32,539 | 2025 | $26,661 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$4,165,604 | ~$3,498,000 | ~2.0139% | ~$70,447 | +31.0% |
| 2027 | ~$5,456,684 | ~$3,847,800 | ~1.9814% | ~$76,240 | +71.6% |
| 2028 | ~$7,147,919 | ~$4,232,580 | ~1.9488% | ~$82,486 | +124.8% |
| 2029 | ~$9,363,333 | ~$4,655,838 | ~1.9163% | ~$89,219 | +194.4% |
| 2030 | ~$12,265,389 | ~$5,121,422 | ~1.8837% | ~$96,474 | +285.7% |
| 2026 | ~$4,102,004 | ~$3,498,000 | ~2.0465% | ~$71,586 | +29.0% |
| 2027 | ~$5,291,332 | ~$3,847,800 | ~2.0465% | ~$78,745 | +66.4% |
| 2028 | ~$6,825,492 | ~$4,232,580 | ~2.0465% | ~$86,619 | +114.6% |
| 2029 | ~$8,804,463 | ~$4,655,838 | ~2.0465% | ~$95,281 | +176.9% |
| 2030 | ~$11,357,214 | ~$5,121,422 | ~2.0465% | ~$104,809 | +257.1% |
| 2026 | ~$4,229,204 | ~$3,498,000 | ~1.9977% | ~$69,878 | +33.0% |
| 2027 | ~$5,624,580 | ~$3,847,800 | ~1.9488% | ~$74,987 | +76.9% |
| 2028 | ~$7,480,345 | ~$4,232,580 | ~1.9000% | ~$80,420 | +135.2% |
| 2029 | ~$9,948,397 | ~$4,655,838 | ~1.8512% | ~$86,189 | +212.8% |
| 2030 | ~$13,230,754 | ~$5,121,422 | ~1.8024% | ~$92,307 | +316.1% |
In 2025, this property's market value of $3,180,000 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 6× 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 | $3,180,000 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $3,338,283 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $2,700,000 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $2,500,000 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $1,080,000 | $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.