2618 EKTOM DR TX 78745
| Owner | LEAL JOSE A |
|---|---|
| Parcel ID | 0410150901 |
| Short ID | 510231 |
| Type | Real |
| Use Code | 04 Fourplex |
| Valuation | Income |
| Improvement SF | 3,520 SF |
| Land SF | 9,473 SF |
| Acres | 0.217 |
| Year Built | 1974 |
| Legal | LOT 16 BLK B SOUTHERN OAKS SEC 7 |
| Neighborhood | J1105 |
| Land | $407,359 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $407,359 |
| Improvement | $311,410 |
|---|---|
| Total Improvement | $311,410 |
| Market | $718,769 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $718,769 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $718,769 |
| Taxable Value | $718,769 |
|---|
Appreciation: Market value has risen +58.1% from $454,588 (2021) to $718,769 (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 $14,709. 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 57% of market value ($407,359 land vs $311,410 improvements), about $43/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $718,769, 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 +12.1% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,274,394 by 2030, with an estimated annual tax burden around $21,806. 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.
7 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 095 | HVAC RESIDENTIAL | 3,520 SF | ✗ |
| 1ST | 1st Floor | 1,760 SF | ✓ |
| 2ND | 2nd Floor | 1,760 SF | ✓ |
| 612 | TERRACE UNCOVERD | 560 SF | ✗ |
| 581 | STORAGE ATT | 192 SF | ✓ |
| 011 | PORCH OPEN 1ST F | 176 SF | ✗ |
| 251 | BATHROOM | 6 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% | $6,650.05 | $6,650.05 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $3,766.47 | $3,766.47 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,701.46 | $2,701.46 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $848.31 | $848.31 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $743.21 | $743.21 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $14,709.50 | $14,709.50 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $520,888 | $718,769 | -27.5% |
| Assessed Value | $520,888 | $718,769 | -27.5% |
| Land Value | $330,979 | $407,359 | -18.8% |
| Improvement Value | $189,909 | $311,410 | -39.0% |
| Taxable Value | $520,888 | $718,769 | -27.5% |
| Total Tax 2026 = estimate |
~$10,660
Estimated
|
~$14,710
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $582,128 | $520,888 | -61,240 (-10.5%) |
| Taxable Value | $582,128 | $520,888 | -61,240 (-10.5%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $520,888 | $330,979 | $189,909 | — | $520,888 | $520,888 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $718,769 | $407,359 | $311,410 | — | $718,769 | $718,769 | ~$14,710 | Partial |
| 2024 | $834,575 | — | — | −$434,575 | $400,000 | $— | $14,927 | Verified |
| 2023 | $805,631 | — | — | −$405,631 | $400,000 | $— | $15,100 | Verified |
| 2022 | $578,000 | — | — | −$178,000 | $400,000 | $— | $15,911 | Verified |
| 2021 | $454,588 | — | — | −$254,588 | $200,000 | $— | $12,581 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -19.0% | -19.0% | ~100% | Not available | Partial |
| 2025 | -4.6% | -4.6% | ~100% | Not available | Partial |
| 2024 | -9.8% | -9.8% | ~100% | 1.9800% | Verified |
| 2023 | +3.6% | +3.6% | ~100% | 1.8100% | Verified |
| 2022 | +36.3% | +36.3% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.7700% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +21.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -27.5% | +5.7% | +20.7% | +39.4% | 2023 | -27.5% | 2026 |
| Assessment Ratio | 100.0% | 68.5% | — | 100.0% | 2025 | 44.0% | 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 |
$14,710 | $14,646 | ~$18,754 | $15,911 | 2022 | $12,581 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$805,995 | ~$790,646 | ~2.0139% | ~$15,923 | +12.1% |
| 2027 | ~$903,806 | ~$869,710 | ~1.9814% | ~$17,232 | +25.7% |
| 2028 | ~$1,013,486 | ~$956,682 | ~1.9488% | ~$18,644 | +41.0% |
| 2029 | ~$1,136,477 | ~$1,052,350 | ~1.9163% | ~$20,166 | +58.1% |
| 2030 | ~$1,274,394 | ~$1,157,585 | ~1.8837% | ~$21,806 | +77.3% |
| 2026 | ~$791,619 | ~$790,646 | ~2.0465% | ~$16,180 | +10.1% |
| 2027 | ~$871,853 | ~$869,710 | ~2.0465% | ~$17,798 | +21.3% |
| 2028 | ~$960,219 | ~$956,682 | ~2.0465% | ~$19,578 | +33.6% |
| 2029 | ~$1,057,542 | ~$1,052,350 | ~2.0465% | ~$21,536 | +47.1% |
| 2030 | ~$1,164,728 | ~$1,157,585 | ~2.0465% | ~$23,690 | +62.0% |
| 2026 | ~$820,370 | ~$790,646 | ~1.9977% | ~$15,794 | +14.1% |
| 2027 | ~$936,333 | ~$869,710 | ~1.9488% | ~$16,949 | +30.3% |
| 2028 | ~$1,068,688 | ~$956,682 | ~1.9000% | ~$18,177 | +48.7% |
| 2029 | ~$1,219,751 | ~$1,052,350 | ~1.8512% | ~$19,481 | +69.7% |
| 2030 | ~$1,392,168 | ~$1,157,585 | ~1.8024% | ~$20,864 | +93.7% |
In 2025, this property's market value of $718,769 places it in the 50th–75th percentile for Multi-Family properties in Travis County (12584 comparable) — +38% 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 | $718,769 | $438,669 | $519,778 | $749,859 | ↑ Above median | -7.5% |
| 2024 | $834,575 | $467,458 | $564,615 | $848,565 | ↑ Above median | -6.3% |
| 2023 | $805,631 | $503,905 | $617,035 | $919,932 | ↑ Above median | +0.9% |
| 2022 | $578,000 | $506,618 | $615,058 | $906,429 | ↓ Below median | +39.1% |
| 2021 | $454,588 | $300,453 | $376,850 | $539,896 | ↑ Above 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.