2609 EKTOM DR TX 78745
| Owner | ANNAN PROPERTIES LLC |
|---|---|
| Parcel ID | 0412130503 |
| Short ID | 510462 |
| Type | Real |
| Use Code | 04 Fourplex |
| Valuation | Income |
| Improvement SF | 2,040 SF |
| Land SF | 7,939 SF |
| Acres | 0.182 |
| Year Built | 1972 |
| Legal | LOT 7A BLK C *1ST RESUB OF SOUTHERN OAKS SEC 7 |
| Neighborhood | J1105 |
| Land | $401,860 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $401,860 |
| Improvement | $218,308 |
|---|---|
| Total Improvement | $218,308 |
| Market | $620,168 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $620,168 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $620,168 |
| Taxable Value | $620,168 |
|---|
Appreciation: Market value has risen +72.5% from $359,422 (2021) to $620,168 (2025), a CAGR of 14.6% 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 $12,692. 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 65% of market value ($401,860 land vs $218,308 improvements), about $51/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $620,168, 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 +14.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,226,423 by 2030, with an estimated annual tax burden around $18,815. 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 | 2,040 SF | ✓ |
| 551 | PAVED AREA | 2,040 SF | ✗ |
| 095 | HVAC RESIDENTIAL | 2,040 SF | ✗ |
| 612 | TERRACE UNCOVERD | 144 SF | ✗ |
| SO | Sketch Only | 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% | $4,575.38 | $4,575.38 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $2,591.42 | $2,591.42 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,858.66 | $1,858.66 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $583.66 | $583.66 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $511.34 | $511.34 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $10,120.46 | $10,120.46 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $464,332 | $620,168 | -25.1% |
| Assessed Value | $464,332 | $620,168 | -25.1% |
| Land Value | $326,512 | $401,860 | -18.7% |
| Improvement Value | $137,820 | $218,308 | -36.9% |
| Taxable Value | $464,332 | $620,168 | -25.1% |
| Total Tax 2026 = estimate |
~$9,502
Estimated
|
~$10,120
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $464,332 | $464,332 | +0 (+0.0%) |
| Taxable Value | $464,332 | $464,332 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $464,332 | $326,512 | $137,820 | — | $464,332 | $464,332 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $620,168 | $401,860 | $218,308 | — | $620,168 | $620,168 | ~$10,120 | Partial |
| 2024 | $701,754 | — | — | −$301,754 | $400,000 | $— | $12,567 | Verified |
| 2023 | $630,385 | — | — | −$230,385 | $400,000 | $— | $12,696 | Verified |
| 2022 | $457,280 | — | — | −$57,280 | $400,000 | $— | $12,450 | Verified |
| 2021 | $359,422 | — | — | −$159,422 | $200,000 | $— | $9,954 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -25.1% | -25.1% | ~100% | Not available | Partial |
| 2025 | -2.2% | -2.2% | ~100% | Not available | Partial |
| 2024 | -9.6% | -9.6% | ~100% | 1.9800% | Verified |
| 2023 | +11.3% | +11.3% | ~100% | 1.8100% | Verified |
| 2022 | +37.9% | +37.9% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.7700% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +35.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -25.1% | +7.9% | +22.3% | +37.9% | 2023 | -25.1% | 2026 |
| Assessment Ratio | 100.0% | 77.3% | — | 100.0% | 2025 | 55.6% | 2021 |
| Effective Tax Rate (2025) | 1.6300% | 1.6300% | — | 1.6300% | 2025 | 1.6300% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$10,120 | $11,557 | ~$16,182 | $12,696 | 2023 | $9,954 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$710,781 | ~$682,185 | ~2.0139% | ~$13,739 | +14.6% |
| 2027 | ~$814,632 | ~$750,403 | ~1.9814% | ~$14,868 | +31.4% |
| 2028 | ~$933,658 | ~$825,444 | ~1.9488% | ~$16,087 | +50.5% |
| 2029 | ~$1,070,075 | ~$907,988 | ~1.9163% | ~$17,400 | +72.5% |
| 2030 | ~$1,226,423 | ~$998,787 | ~1.8837% | ~$18,815 | +97.8% |
| 2026 | ~$698,377 | ~$682,185 | ~2.0465% | ~$13,961 | +12.6% |
| 2027 | ~$786,449 | ~$750,403 | ~2.0465% | ~$15,357 | +26.8% |
| 2028 | ~$885,628 | ~$825,444 | ~2.0465% | ~$16,893 | +42.8% |
| 2029 | ~$997,314 | ~$907,988 | ~2.0465% | ~$18,582 | +60.8% |
| 2030 | ~$1,123,085 | ~$998,787 | ~2.0465% | ~$20,440 | +81.1% |
| 2026 | ~$723,184 | ~$682,185 | ~1.9977% | ~$13,628 | +16.6% |
| 2027 | ~$843,312 | ~$750,403 | ~1.9488% | ~$14,624 | +36.0% |
| 2028 | ~$983,394 | ~$825,444 | ~1.9000% | ~$15,684 | +58.6% |
| 2029 | ~$1,146,745 | ~$907,988 | ~1.8512% | ~$16,809 | +84.9% |
| 2030 | ~$1,337,231 | ~$998,787 | ~1.8024% | ~$18,002 | +115.6% |
In 2025, this property's market value of $620,168 places it in the 50th–75th percentile for Multi-Family properties in Travis County (12584 comparable) — +19% 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 | $620,168 | $438,669 | $519,778 | $749,859 | ↑ Above median | -7.5% |
| 2024 | $701,754 | $467,458 | $564,615 | $848,565 | ↑ Above median | -6.3% |
| 2023 | $630,385 | $503,905 | $617,035 | $919,932 | ↑ Above median | +0.9% |
| 2022 | $457,280 | $506,618 | $615,058 | $906,429 | ↓ Bottom 25% | +39.1% |
| 2021 | $359,422 | $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.