2502 JONES RD TX 78745
| Owner | REED KENNETH |
|---|---|
| Parcel ID | 0410131104 |
| Short ID | 510046 |
| Type | Real |
| Use Code | 02 Duplex |
| Valuation | Cost |
| Improvement SF | 2,250 SF |
| Land SF | 9,230 SF |
| Acres | 0.212 |
| Year Built | 1981 |
| Legal | LOT 4 LAWRENCE ESTATES |
| Neighborhood | J1105 |
| Land | $406,486 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $406,486 |
| Improvement | $221,431 |
|---|---|
| Total Improvement | $221,431 |
| Market | $627,917 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $627,917 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $627,917 |
| Taxable Value | $627,917 |
|---|
Appreciation: Market value has risen +69.7% from $370,000 (2021) to $627,917 (2025), a CAGR of 14.1% over 4 years. This is strong appreciation — well above typical inflation. 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 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 $12,850. 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 cost approach, tied more to replacement cost and physical condition than to income performance.
Value Composition: Land carries 65% of market value ($406,486 land vs $221,431 improvements), about $44/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $627,917, 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 +14.1% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,216,264 by 2030, with an estimated annual tax burden around $19,050. 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.
8 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 095 | HVAC RESIDENTIAL | 2,250 SF | ✗ |
| 1ST | 1st Floor | 1,227 SF | ✓ |
| 2ND | 2nd Floor | 1,023 SF | ✓ |
| 041 | GARAGE ATT 1ST F | 516 SF | ✓ |
| 512 | DECK UNCOVRED | 225 SF | ✗ |
| 011 | PORCH OPEN 1ST F | 176 SF | ✗ |
| 251 | BATHROOM | 4 SF | ✓ |
| 522 | FIREPLACE | 2 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% | $5,809.49 | $5,809.49 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $3,290.39 | $3,290.39 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,359.99 | $2,359.99 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $741.09 | $741.09 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $649.27 | $649.27 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $12,850.23 | $12,850.23 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $465,552 | $627,917 | -25.9% |
| Assessed Value | $465,552 | $627,917 | -25.9% |
| Land Value | $330,270 | $406,486 | -18.7% |
| Improvement Value | $135,282 | $221,431 | -38.9% |
| Taxable Value | $465,552 | $627,917 | -25.9% |
| Total Tax 2026 = estimate |
~$9,527
Estimated
|
~$12,850
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $488,768 | $465,552 | -23,216 (-4.7%) |
| Taxable Value | $488,768 | $465,552 | -23,216 (-4.7%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $465,552 | $330,270 | $135,282 | — | $465,552 | $465,552 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $627,917 | $406,486 | $221,431 | — | $627,917 | $627,917 | ~$12,850 | Partial |
| 2024 | $689,561 | — | — | −$289,561 | $400,000 | $— | $12,983 | Verified |
| 2023 | $552,316 | — | — | −$152,316 | $400,000 | $— | $12,476 | Verified |
| 2022 | $493,000 | — | — | −$93,000 | $400,000 | $— | $10,908 | Verified |
| 2021 | $370,000 | — | — | −$170,000 | $200,000 | $— | $10,731 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -22.2% | -22.2% | ~100% | Not available | Partial |
| 2025 | -4.1% | -4.1% | ~100% | Not available | Partial |
| 2024 | -5.0% | -5.0% | ~100% | 1.9800% | Verified |
| 2023 | +24.8% | +24.8% | ~100% | 1.8100% | Verified |
| 2022 | +11.7% | +11.7% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.9000% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +27.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -25.9% | +7.0% | +22.1% | +33.2% | 2022 | -25.9% | 2026 |
| Assessment Ratio | 100.0% | 77.6% | — | 100.0% | 2025 | 54.1% | 2021 |
| 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 |
$12,850 | $11,989 | ~$16,384 | $12,983 | 2024 | $10,731 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$716,683 | ~$690,709 | ~2.0139% | ~$13,910 | +14.1% |
| 2027 | ~$817,998 | ~$759,780 | ~1.9814% | ~$15,054 | +30.3% |
| 2028 | ~$933,636 | ~$835,758 | ~1.9488% | ~$16,288 | +48.7% |
| 2029 | ~$1,065,621 | ~$919,333 | ~1.9163% | ~$17,617 | +69.7% |
| 2030 | ~$1,216,264 | ~$1,011,267 | ~1.8837% | ~$19,050 | +93.7% |
| 2026 | ~$704,125 | ~$690,709 | ~2.0465% | ~$14,135 | +12.1% |
| 2027 | ~$789,582 | ~$759,780 | ~2.0465% | ~$15,549 | +25.7% |
| 2028 | ~$885,411 | ~$835,758 | ~2.0465% | ~$17,104 | +41.0% |
| 2029 | ~$992,870 | ~$919,333 | ~2.0465% | ~$18,814 | +58.1% |
| 2030 | ~$1,113,372 | ~$1,011,267 | ~2.0465% | ~$20,695 | +77.3% |
| 2026 | ~$729,242 | ~$690,709 | ~1.9977% | ~$13,798 | +16.1% |
| 2027 | ~$846,917 | ~$759,780 | ~1.9488% | ~$14,807 | +34.9% |
| 2028 | ~$983,581 | ~$835,758 | ~1.9000% | ~$15,880 | +56.6% |
| 2029 | ~$1,142,298 | ~$919,333 | ~1.8512% | ~$17,019 | +81.9% |
| 2030 | ~$1,326,627 | ~$1,011,267 | ~1.8024% | ~$18,227 | +111.3% |
In 2025, this property's market value of $627,917 places it in the 50th–75th percentile for Multi-Family properties in Travis County (12584 comparable) — +21% 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 | $627,917 | $438,669 | $519,778 | $749,859 | ↑ Above median | -7.5% |
| 2024 | $689,561 | $467,458 | $564,615 | $848,565 | ↑ Above median | -6.3% |
| 2023 | $552,316 | $503,905 | $617,035 | $919,932 | ↓ Below median | +0.9% |
| 2022 | $493,000 | $506,618 | $615,058 | $906,429 | ↓ Bottom 25% | +39.1% |
| 2021 | $370,000 | $300,453 | $376,850 | $539,896 | ↓ Below 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.