2608 EKTOM DR AUSTIN, TX 78745
| Owner | MACHADO ROBERT C |
|---|---|
| Parcel ID | 0412130146 |
| Short ID | 510432 |
| Type | Real |
| Use Code | 04 Fourplex |
| Valuation | Income |
| Improvement SF | 2,040 SF |
| Land SF | 9,054 SF |
| Acres | 0.208 |
| Year Built | 1972 |
| Legal | LOT 21 BLK B SOUTHERN OAKS SEC 7 |
| Neighborhood | J1105 |
| Land | $405,856 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $405,856 |
| Improvement | $140,467 |
|---|---|
| Total Improvement | $140,467 |
| Market | $546,323 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $546,323 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $546,323 |
| Exemptions (−) (HS,OV65) | −$136,581 |
|---|---|
| Taxable Value | $409,742 |
Appreciation: Market value has risen +53.7% from $355,500 (2021) to $546,323 (2025), a CAGR of 11.3% 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 $8,385. Austin ISD is the largest single contributor, at 44.9% 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 74% of market value ($405,856 land vs $140,467 improvements), about $45/SF of land. With value concentrated in the land under a ~54-year-old structure, this reads as a land-dominated asset — the classic higher-and-best-use / redevelopment signal. Underwrite the dirt, not the building.
Submarket Position: At $546,323, 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 +11.3% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $934,785 by 2030, with an estimated annual tax burden around $16,574. 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.
5 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 2,040 SF | ✓ |
| 095 | HVAC RESIDENTIAL | 2,040 SF | ✗ |
| 612 | TERRACE UNCOVERD | 324 SF | ✗ |
| 581 | STORAGE ATT | 9 SF | ✓ |
| 251 | BATHROOM | 4 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% | $3,790.93 | $3,790.93 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $2,147.12 | $2,147.12 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,539.99 | $1,539.99 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $483.59 | $483.59 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $482.18 | $482.18 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $8,443.81 | $8,443.81 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $447,600 | $546,323 | -18.1% |
| Assessed Value | $447,600 | $546,323 | -18.1% |
| Land Value | $329,758 | $405,856 | -18.8% |
| Improvement Value | $117,842 | $140,467 | -16.1% |
| Taxable Value | $335,701 | $409,742 | -18.1% |
| Exemptions | HS,OV65 | HS,OV65 | |
| Total Tax 2026 = estimate |
~$6,870
Estimated
|
~$8,444
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $460,164 | $447,600 | -12,564 (-2.7%) |
| Taxable Value | $345,124 | $335,701 | -9,423 (-2.7%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $447,600 | $329,758 | $117,842 | — | $447,600 | $335,701 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $546,323 | $405,856 | $140,467 | — | $546,323 | $409,742 | ~$8,444 | Partial |
| 2024 | $616,288 | — | — | −$216,288 | $400,000 | $— | $8,365 | Verified |
| 2023 | $619,033 | — | — | −$219,033 | $400,000 | $— | $11,150 | Verified |
| 2022 | $449,200 | — | — | −$49,200 | $400,000 | $— | $12,225 | Verified |
| 2021 | $355,500 | — | — | −$155,500 | $200,000 | $— | $9,778 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -15.8% | -15.8% | ~100% | Not available | Partial |
| 2025 | -1.8% | -1.8% | ~100% | Not available | Partial |
| 2024 | -9.8% | -9.8% | ~100% | 1.5000% | Verified |
| 2023 | -0.4% | -0.4% | ~100% | 1.8100% | Verified |
| 2022 | +37.8% | +37.8% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.7500% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +21.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -18.1% | +6.9% | +16.3% | +37.8% | 2023 | -18.1% | 2026 |
| Assessment Ratio | 100.0% | 79.1% | — | 100.0% | 2025 | 56.3% | 2021 |
| Effective Tax Rate (2025) | 1.5500% | 1.5500% | — | 1.5500% | 2025 | 1.5500% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$8,444 | $9,992 | ~$14,255 | $12,225 | 2022 | $8,365 | 2024 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$608,278 | ~$600,955 | ~2.0139% | ~$12,103 | +11.3% |
| 2027 | ~$677,258 | ~$661,051 | ~1.9814% | ~$13,098 | +24.0% |
| 2028 | ~$754,062 | ~$727,156 | ~1.9488% | ~$14,171 | +38.0% |
| 2029 | ~$839,575 | ~$799,872 | ~1.9163% | ~$15,328 | +53.7% |
| 2030 | ~$934,785 | ~$879,859 | ~1.8837% | ~$16,574 | +71.1% |
| 2026 | ~$597,351 | ~$597,351 | ~2.0465% | ~$12,225 | +9.3% |
| 2027 | ~$653,146 | ~$653,146 | ~2.0465% | ~$13,367 | +19.6% |
| 2028 | ~$714,152 | ~$714,152 | ~2.0465% | ~$14,615 | +30.7% |
| 2029 | ~$780,856 | ~$780,856 | ~2.0465% | ~$15,980 | +42.9% |
| 2030 | ~$853,790 | ~$853,790 | ~2.0465% | ~$17,473 | +56.3% |
| 2026 | ~$619,204 | ~$600,955 | ~1.9977% | ~$12,005 | +13.3% |
| 2027 | ~$701,808 | ~$661,051 | ~1.9488% | ~$12,883 | +28.5% |
| 2028 | ~$795,432 | ~$727,156 | ~1.9000% | ~$13,816 | +45.6% |
| 2029 | ~$901,545 | ~$799,872 | ~1.8512% | ~$14,807 | +65.0% |
| 2030 | ~$1,021,814 | ~$879,859 | ~1.8024% | ~$15,858 | +87.0% |
In 2025, this property's market value of $546,323 places it in the 50th–75th percentile for Multi-Family properties in Travis County (12584 comparable) — +5% 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 | $546,323 | $438,669 | $519,778 | $749,859 | ↑ Above median | -7.5% |
| 2024 | $616,288 | $467,458 | $564,615 | $848,565 | ↑ Above median | -6.3% |
| 2023 | $619,033 | $503,905 | $617,035 | $919,932 | ↑ Above median | +0.9% |
| 2022 | $449,200 | $506,618 | $615,058 | $906,429 | ↓ Bottom 25% | +39.1% |
| 2021 | $355,500 | $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.