606 W JOHANNA ST TX 78704
| Owner | PEGALO PROPERTIES INC |
|---|---|
| Parcel ID | 0401021110 |
| Short ID | 302953 |
| Type | Real |
| Use Code | 02 Duplex |
| Valuation | Cost |
| Improvement SF | 3,070 SF |
| Land SF | 7,755 SF |
| Acres | 0.178 |
| Year Built | 2015 |
| Legal | LOT 13 BLK E BOULDIN JAMES E ADDN |
| Neighborhood | K1005 |
| Land | $600,621 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $600,621 |
| Improvement | $798,909 |
|---|---|
| Total Improvement | $798,909 |
| Market | $1,399,530 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,399,530 |
| Value Limitation Adjustment (−) (homestead cap) | −$83,635 |
| Net Appraised (assessed) | $1,315,895 |
| Taxable Value | $1,315,895 |
|---|
Appreciation: Market value has risen +57.7% from $887,400 (2021) to $1,399,530 (2025), a CAGR of 12.1% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2022→2023), 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 $26,930. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Assessment Gap: Assessed value ($1,315,895) is $83,635 below market value, suggesting potential for an upward assessment in future years.
Asset Class: Multi-family residential. This is valued using the cost approach, tied more to replacement cost and physical condition than to income performance.
Value Composition: Land carries 43% of market value ($600,621 land vs $798,909 improvements), about $77/SF of land. Most value sits in the improvements, so building condition, age (~11 yrs), and rent roll drive the underwriting.
Submarket Position: At $1,399,530, 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 +12.1% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,473,493 by 2030, with an estimated annual tax burden around $39,921. 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.
6 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 1,820 SF | ✓ |
| 2ND | 2nd Floor | 1,250 SF | ✓ |
| 061 | CARPORT ATT 1ST | 600 SF | ✗ |
| 613 | TERRACE COVERED | 400 SF | ✗ |
| 012 | PORCH OPEN 2ND F | 160 SF | ✗ |
| 011 | PORCH OPEN 1ST F | 32 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% | $12,174.66 | $12,174.66 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $6,895.51 | $6,895.51 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $4,945.73 | $4,945.73 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,553.06 | $1,553.06 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,360.64 | $1,360.64 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $26,929.60 | $26,929.60 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $825,600 | $1,399,530 | -41.0% |
| Assessed Value | $825,600 | $1,315,895 | -37.3% |
| Land Value | $599,057 | $600,621 | -0.3% |
| Improvement Value | $226,543 | $798,909 | -71.6% |
| Taxable Value | $825,600 | $1,315,895 | -37.3% |
| Total Tax 2026 = estimate |
~$16,896
Estimated
|
~$26,930
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $983,342 | $825,600 | -157,742 (-16.0%) |
| Taxable Value | $983,342 | $825,600 | -157,742 (-16.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $825,600 | $599,057 | $226,543 | — | $825,600 | $825,600 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,399,530 | $600,621 | $798,909 | −$83,635 | $1,315,895 | $1,315,895 | ~$26,930 | Partial |
| 2024 | $1,318,029 | — | — | −$593,029 | $725,000 | $— | $21,732 | Verified |
| 2023 | $1,533,199 | — | — | −$844,449 | $688,750 | $— | $23,846 | Verified |
| 2022 | $924,900 | — | — | −$236,150 | $688,750 | $— | $30,280 | Verified |
| 2021 | $887,400 | — | — | −$436,150 | $451,250 | $— | $20,132 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -29.7% | -25.3% | ~100% | Not available | Partial |
| 2025 | +27.6% | +20.0% | 94.0% | Not available | Partial |
| 2024 | -16.8% | -16.8% | ~100% | 1.9800% | Verified |
| 2023 | -14.0% | -14.0% | ~100% | 1.8100% | Verified |
| 2022 | +65.8% | +65.8% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.2700% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +51.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -41.0% | +4.2% | +27.6% | +65.8% | 2023 | -41.0% | 2026 |
| Assessment Ratio | 100.0% | 69.9% | — | 100.0% | 2026 | 44.9% | 2023 |
| Effective Tax Rate (2025) | 1.9200% | 1.9200% | — | 1.9200% | 2025 | 1.9200% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$26,930 | $24,584 | ~$34,334 | $30,280 | 2022 | $20,132 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,568,368 | ~$1,447,485 | ~2.0139% | ~$29,151 | +12.1% |
| 2027 | ~$1,757,574 | ~$1,592,233 | ~1.9814% | ~$31,548 | +25.6% |
| 2028 | ~$1,969,606 | ~$1,751,456 | ~1.9488% | ~$34,133 | +40.7% |
| 2029 | ~$2,207,217 | ~$1,926,602 | ~1.9163% | ~$36,919 | +57.7% |
| 2030 | ~$2,473,493 | ~$2,119,262 | ~1.8837% | ~$39,921 | +76.7% |
| 2026 | ~$1,540,377 | ~$1,447,485 | ~2.0465% | ~$29,623 | +10.1% |
| 2027 | ~$1,695,399 | ~$1,592,233 | ~2.0465% | ~$32,585 | +21.1% |
| 2028 | ~$1,866,022 | ~$1,751,456 | ~2.0465% | ~$35,843 | +33.3% |
| 2029 | ~$2,053,817 | ~$1,926,602 | ~2.0465% | ~$39,428 | +46.8% |
| 2030 | ~$2,260,510 | ~$2,119,262 | ~2.0465% | ~$43,370 | +61.5% |
| 2026 | ~$1,596,358 | ~$1,447,485 | ~1.9977% | ~$28,916 | +14.1% |
| 2027 | ~$1,820,868 | ~$1,592,233 | ~1.9488% | ~$31,030 | +30.1% |
| 2028 | ~$2,076,953 | ~$1,751,456 | ~1.9000% | ~$33,278 | +48.4% |
| 2029 | ~$2,369,054 | ~$1,926,602 | ~1.8512% | ~$35,665 | +69.3% |
| 2030 | ~$2,702,235 | ~$2,119,262 | ~1.8024% | ~$38,197 | +93.1% |
In 2025, this property's market value of $1,399,530 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — +169% 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 | $1,399,530 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $1,318,029 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $1,533,199 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $924,900 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $887,400 | $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.