2615 EKTOM DR TX 78745
| Owner | 2615 EKTOM LLC |
|---|---|
| Parcel ID | 0412150312 |
| Short ID | 510718 |
| Type | Real |
| Use Code | 04 Fourplex |
| Valuation | Income |
| Improvement SF | 2,962 SF |
| Land SF | 7,630 SF |
| Acres | 0.175 |
| Year Built | 1981 |
| Legal | LOT 4A BLK C * 1ST RESUB OF SOUTHERN OAKS SEC 7 |
| Neighborhood | J1105 |
| Land | $400,751 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $400,751 |
| Improvement | $200,295 |
|---|---|
| Total Improvement | $200,295 |
| Market | $601,046 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $601,046 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $601,046 |
| Taxable Value | $601,046 |
|---|
Appreciation: Market value has risen +42.0% from $423,192 (2021) to $601,046 (2025), a CAGR of 9.2% 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 $12,300. 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 67% of market value ($400,751 land vs $200,295 improvements), about $53/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $601,046, 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 +9.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $931,903 by 2030, with an estimated annual tax burden around $17,555. 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.
9 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 095 | HVAC RESIDENTIAL | 2,962 SF | ✗ |
| 551 | PAVED AREA | 2,183 SF | ✗ |
| 1ST | 1st Floor | 1,481 SF | ✓ |
| 2ND | 2nd Floor | 1,481 SF | ✓ |
| 581 | STORAGE ATT | 264 SF | ✓ |
| 012 | PORCH OPEN 2ND F | 104 SF | ✗ |
| 011 | PORCH OPEN 1ST F | 96 SF | ✗ |
| 612 | TERRACE UNCOVERD | 44 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% | $5,560.88 | $5,560.88 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $3,149.58 | $3,149.58 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,259.00 | $2,259.00 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $709.37 | $709.37 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $621.48 | $621.48 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $12,300.31 | $12,300.31 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $497,165 | $601,046 | -17.3% |
| Assessed Value | $497,165 | $601,046 | -17.3% |
| Land Value | $325,611 | $400,751 | -18.7% |
| Improvement Value | $171,554 | $200,295 | -14.3% |
| Taxable Value | $497,165 | $601,046 | -17.3% |
| Total Tax 2026 = estimate |
~$10,174
Estimated
|
~$12,300
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $497,165 | $497,165 | +0 (+0.0%) |
| Taxable Value | $497,165 | $497,165 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $497,165 | $325,611 | $171,554 | — | $497,165 | $497,165 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $601,046 | $400,751 | $200,295 | — | $601,046 | $601,046 | ~$12,300 | Partial |
| 2024 | $596,884 | — | — | −$196,884 | $400,000 | $— | $11,718 | Verified |
| 2023 | $768,888 | — | — | −$368,888 | $400,000 | $— | $10,799 | Verified |
| 2022 | $549,586 | — | — | −$149,586 | $400,000 | $— | $14,950 | Verified |
| 2021 | $423,192 | — | — | −$223,192 | $200,000 | $— | $11,745 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -17.3% | -17.3% | ~100% | Not available | Partial |
| 2025 | +1.7% | +1.7% | ~100% | Not available | Partial |
| 2024 | -0.9% | -0.9% | ~100% | 1.9800% | Verified |
| 2023 | -22.4% | -22.4% | ~100% | 1.8100% | Verified |
| 2022 | +39.9% | +39.9% | ~100% | 1.9400% | Verified |
| 2021 | base year | — | ~100% | 2.7800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +9.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -17.3% | +6.2% | +13.7% | +39.9% | 2023 | -22.4% | 2024 |
| Assessment Ratio | 100.0% | 73.2% | — | 100.0% | 2025 | 47.3% | 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 |
$12,300 | $12,302 | ~$15,312 | $14,950 | 2022 | $10,799 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$656,146 | ~$656,146 | ~2.0139% | ~$13,214 | +9.2% |
| 2027 | ~$716,297 | ~$716,297 | ~1.9814% | ~$14,193 | +19.2% |
| 2028 | ~$781,962 | ~$781,962 | ~1.9488% | ~$15,239 | +30.1% |
| 2029 | ~$853,646 | ~$853,646 | ~1.9163% | ~$16,358 | +42.0% |
| 2030 | ~$931,903 | ~$931,903 | ~1.8837% | ~$17,555 | +55.0% |
| 2026 | ~$644,125 | ~$644,125 | ~2.0465% | ~$13,182 | +7.2% |
| 2027 | ~$690,291 | ~$690,291 | ~2.0465% | ~$14,127 | +14.8% |
| 2028 | ~$739,766 | ~$739,766 | ~2.0465% | ~$15,139 | +23.1% |
| 2029 | ~$792,788 | ~$792,788 | ~2.0465% | ~$16,224 | +31.9% |
| 2030 | ~$849,609 | ~$849,609 | ~2.0465% | ~$17,387 | +41.4% |
| 2026 | ~$668,167 | ~$661,151 | ~1.9977% | ~$13,208 | +11.2% |
| 2027 | ~$742,783 | ~$727,266 | ~1.9488% | ~$14,173 | +23.6% |
| 2028 | ~$825,732 | ~$799,992 | ~1.9000% | ~$15,200 | +37.4% |
| 2029 | ~$917,943 | ~$879,991 | ~1.8512% | ~$16,290 | +52.7% |
| 2030 | ~$1,020,453 | ~$967,991 | ~1.8024% | ~$17,447 | +69.8% |
In 2025, this property's market value of $601,046 places it in the 50th–75th percentile for Multi-Family properties in Travis County (12584 comparable) — +16% 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 | $601,046 | $438,669 | $519,778 | $749,859 | ↑ Above median | -7.5% |
| 2024 | $596,884 | $467,458 | $564,615 | $848,565 | ↑ Above median | -6.3% |
| 2023 | $768,888 | $503,905 | $617,035 | $919,932 | ↑ Above median | +0.9% |
| 2022 | $549,586 | $506,618 | $615,058 | $906,429 | ↓ Below median | +39.1% |
| 2021 | $423,192 | $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.