2620 EKTOM DR TX 78745
| Owner | PATTERSON-WRIGHT KIMBERLY SIMONE |
|---|---|
| Parcel ID | 0410150902 |
| Short ID | 510232 |
| Type | Real |
| Use Code | 05 Apartment 5–25 Units |
| Valuation | Income |
| Improvement SF | 3,168 SF |
| Land SF | 12,086 SF |
| Acres | 0.277 |
| Year Built | 1980 |
| Legal | LOT 15 BLK B SOUTHERN OAKS SEC 7 |
| Neighborhood | 05SC2 |
| Land | $302,149 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $302,149 |
| Improvement | $487,851 |
|---|---|
| Total Improvement | $487,851 |
| Market | $790,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $790,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $790,000 |
| Taxable Value | $790,000 |
|---|
Appreciation: Market value has risen +27.9% from $617,760 (2021) to $790,000 (2025), a CAGR of 6.3% over 4 years. This represents moderate, steady growth. 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 lagged 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 $16,167. 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 38% of market value ($302,149 land vs $487,851 improvements), about $25/SF of land. Most value sits in the improvements, so building condition, age (~46 yrs), and rent roll drive the underwriting.
Submarket Position: At $790,000, 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 +6.3% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,074,326 by 2030, with an estimated annual tax burden around $20,238. 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.
10 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 3,600 SF | ✗ |
| SO | Sketch Only | 3,168 SF | ✗ |
| 1ST | 1st Floor | 1,584 SF | ✓ |
| 2ND | 2nd Floor | 1,584 SF | ✓ |
| 591 | MASONRY TRIM SF | 600 SF | ✗ |
| 011C | PORCH OPEN 1ST COMM | 514 SF | ✗ |
| 012C | PORCH OPEN 2 COMM | 424 SF | ✗ |
| 132 | PLBG 5-FIXT AVG | 1 SF | ✓ |
| 242 | OBS OVEN/BURN | 1 SF | ✓ |
| 413 | STAIRWAY EXT | 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 |
|---|---|---|---|---|---|---|---|---|---|
| IAU Austin ISD | 1.0617% | 0.9966% | 0.8595% | 0.9505% | 0.9252% | -0.0253% | $7,309.08 | $7,309.08 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $4,139.73 | $4,139.73 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,969.18 | $2,969.18 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $932.38 | $932.38 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $816.86 | $816.86 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $16,167.23 | $16,167.23 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $855,360 | $790,000 | +8.3% |
| Assessed Value | $855,360 | $790,000 | +8.3% |
| Land Value | $302,149 | $302,149 | +0.0% |
| Improvement Value | $553,211 | $487,851 | +13.4% |
| Taxable Value | $855,360 | $790,000 | +8.3% |
| Total Tax 2026 = estimate |
~$17,505
Estimated
|
~$16,167
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $855,360 | $855,360 | +0 (+0.0%) |
| Taxable Value | $855,360 | $855,360 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $855,360 | $302,149 | $553,211 | — | $855,360 | $855,360 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $790,000 | $302,149 | $487,851 | — | $790,000 | $790,000 | ~$16,167 | Partial |
| 2024 | $776,160 | — | — | −$474,011 | $302,149 | $— | $16,952 | Verified |
| 2023 | $696,960 | — | — | −$394,811 | $302,149 | $— | $14,043 | Verified |
| 2022 | $696,960 | — | — | −$394,811 | $302,149 | $— | $13,764 | Verified |
| 2021 | $617,760 | — | — | −$315,611 | $302,149 | $— | $15,171 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +8.3% | +8.3% | ~100% | Not available | Partial |
| 2025 | -7.6% | -7.6% | ~100% | Not available | Partial |
| 2024 | +10.2% | +10.2% | ~100% | 1.9800% | Verified |
| 2023 | +0.0% | +0.0% | ~100% | 1.8100% | Verified |
| 2022 | +11.4% | +11.4% | ~100% | 1.7700% | Verified |
| 2021 | base year | — | ~100% | 2.4600% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +13.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +8.3% | +6.9% | +4.7% | +12.8% | 2022 | +0.0% | 2023 |
| Assessment Ratio | 100.0% | 62.4% | — | 100.0% | 2025 | 38.9% | 2024 |
| 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 |
$16,167 | $15,219 | ~$18,546 | $16,952 | 2024 | $13,764 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$840,096 | ~$840,096 | ~2.0139% | ~$16,919 | +6.3% |
| 2027 | ~$893,369 | ~$893,369 | ~1.9814% | ~$17,701 | +13.1% |
| 2028 | ~$950,020 | ~$950,020 | ~1.9488% | ~$18,514 | +20.3% |
| 2029 | ~$1,010,263 | ~$1,010,263 | ~1.9163% | ~$19,360 | +27.9% |
| 2030 | ~$1,074,326 | ~$1,074,326 | ~1.8837% | ~$20,238 | +36.0% |
| 2026 | ~$824,296 | ~$824,296 | ~2.0465% | ~$16,869 | +4.3% |
| 2027 | ~$860,081 | ~$860,081 | ~2.0465% | ~$17,601 | +8.9% |
| 2028 | ~$897,419 | ~$897,419 | ~2.0465% | ~$18,366 | +13.6% |
| 2029 | ~$936,379 | ~$936,379 | ~2.0465% | ~$19,163 | +18.5% |
| 2030 | ~$977,029 | ~$977,029 | ~2.0465% | ~$19,995 | +23.7% |
| 2026 | ~$855,896 | ~$855,896 | ~1.9977% | ~$17,098 | +8.3% |
| 2027 | ~$927,289 | ~$927,289 | ~1.9488% | ~$18,071 | +17.4% |
| 2028 | ~$1,004,636 | ~$1,004,636 | ~1.9000% | ~$19,088 | +27.2% |
| 2029 | ~$1,088,436 | ~$1,088,436 | ~1.8512% | ~$20,149 | +37.8% |
| 2030 | ~$1,179,225 | ~$1,179,225 | ~1.8024% | ~$21,254 | +49.3% |
In 2025, this property's market value of $790,000 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — +52% 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 | $790,000 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $776,160 | $467,458 | $564,615 | $848,565 | ↑ Above median | -6.3% |
| 2023 | $696,960 | $503,905 | $617,035 | $919,932 | ↑ Above median | +0.9% |
| 2022 | $696,960 | $506,618 | $615,058 | $906,429 | ↑ Above median | +39.1% |
| 2021 | $617,760 | $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.