4701 HARMON AVE TX 78751
| Owner | BARRETT CRAIG A |
|---|---|
| Parcel ID | 0220110907 |
| Short ID | 216493 |
| Type | Real |
| Use Code | 03 Triplex |
| Valuation | Income |
| Improvement SF | 1,664 SF |
| Land SF | 6,808 SF |
| Acres | 0.156 |
| Year Built | 1950 |
| Legal | S58.08FT OF W117.245FT OF LOT 7 BLK V RIDGETOP FOURTH ADDN |
| Neighborhood | Y1005 |
| Land | $357,071 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $357,071 |
| Improvement | $111,166 |
|---|---|
| Total Improvement | $111,166 |
| Market | $468,237 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $468,237 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $468,237 |
| Taxable Value | $468,237 |
|---|
Appreciation: Market value has risen +14.0% from $410,859 (2021) to $468,237 (2025), a CAGR of 3.3% over 4 years. Growth has been relatively flat for this asset class. 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 +19.0%, 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 $9,582. 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 76% of market value ($357,071 land vs $111,166 improvements), about $52/SF of land. With value concentrated in the land under a ~76-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 $468,237, this parcel sits in the lower-middle (25th–50th percentile) of Multi-Family property in Travis County — county median $519,086 (P25 $438,150 / P75 $747,031, n=12,570). 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 +0.9% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $449,828 by 2031, with an estimated annual tax burden around $8,474. 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 | 1,280 SF | ✓ |
| 2ND | 2nd Floor | 384 SF | ✓ |
| 011 | PORCH OPEN 1ST F | 28 SF | ✗ |
| 251 | BATHROOM | 4 SF | ✓ |
| 413 | STAIRWAY EXT | 1 SF | ✓ |
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.
| 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% | $4,332.13 | $4,332.13 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $2,453.64 | $2,453.64 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,759.85 | $1,759.85 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $552.63 | $552.63 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $484.16 | $484.16 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $9,582.41 | $9,582.41 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $4,332.13 | 45.2% |
| CAT City of Austin | 0.5240% | $2,453.64 | 25.6% |
| TCO Travis County | 0.3758% | $1,759.85 | 18.4% |
| THD Travis Central Health | 0.1180% | $552.63 | 5.8% |
| ACT Austin Community College | 0.1034% | $484.16 | 5.1% |
| Total | 2.0465% | $9,582.41 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $429,902 | $468,237 | -8.2% |
| Assessed Value | $429,902 | $468,237 | -8.2% |
| Land Value | $255,050 | $357,071 | -28.6% |
| Improvement Value | $174,852 | $111,166 | +57.3% |
| Taxable Value | $429,902 | $468,237 | -8.2% |
| Total Tax 2026 = estimate |
~$8,798
Estimated
|
~$9,582
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $429,902 | $255,050 | $174,852 | — | $429,902 | $429,902 | Not yet — post-cert | Preliminary |
| 2025 | $468,237 | $357,071 | $111,166 | — | $468,237 | $468,237 | ~$9,582 | Partial |
| 2024 | $587,918 | $450,000 | $137,918 | −$36,577 | $551,341 | $551,341 | $10,927 | Verified |
| 2023 | $580,160 | $350,000 | $230,160 | — | $580,160 | $580,160 | $8,313 | Verified |
| 2022 | $436,688 | $350,000 | $86,688 | — | $436,688 | $436,688 | $8,624 | Verified |
| 2021 | $410,859 | $275,000 | $135,859 | — | $410,859 | $410,859 | $8,943 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -8.2% | -8.2% | ~100% | Not available | Partial |
| 2025 | -20.4% | -15.1% | ~100% | Not available | Partial |
| 2024 | +1.3% | -5.0% | 93.8% | No billing data | Verified |
| 2023 | +32.9% | +32.9% | ~100% | No billing data | Verified |
| 2022 | +6.3% | +6.3% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +14.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -8.2% | +2.4% | +0.9% | +32.9% | 2023 | -20.4% | 2025 |
| Assessment Ratio | 100.0% | 99.0% | — | 100.0% | 2021 | 93.8% | 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 |
$9,582 | $9,278 | ~$8,607 | $10,927 | 2024 | $8,313 | 2023 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$433,815 | ~$433,815 | ~2.0139% | ~$8,737 | +0.9% |
| 2028 | ~$437,764 | ~$437,764 | ~1.9814% | ~$8,674 | +1.8% |
| 2029 | ~$441,749 | ~$441,749 | ~1.9488% | ~$8,609 | +2.8% |
| 2030 | ~$445,770 | ~$445,770 | ~1.9163% | ~$8,542 | +3.7% |
| 2031 | ~$449,828 | ~$449,828 | ~1.8837% | ~$8,474 | +4.6% |
| 2027 | ~$425,217 | ~$425,217 | ~2.0465% | ~$8,702 | -1.1% |
| 2028 | ~$420,583 | ~$420,583 | ~2.0465% | ~$8,607 | -2.2% |
| 2029 | ~$416,000 | ~$416,000 | ~2.0465% | ~$8,513 | -3.2% |
| 2030 | ~$411,467 | ~$411,467 | ~2.0465% | ~$8,421 | -4.3% |
| 2031 | ~$406,983 | ~$406,983 | ~2.0465% | ~$8,329 | -5.3% |
| 2027 | ~$442,413 | ~$442,413 | ~1.9977% | ~$8,838 | +2.9% |
| 2028 | ~$455,289 | ~$455,289 | ~1.9488% | ~$8,873 | +5.9% |
| 2029 | ~$468,539 | ~$468,539 | ~1.9000% | ~$8,902 | +9.0% |
| 2030 | ~$482,174 | ~$482,174 | ~1.8512% | ~$8,926 | +12.2% |
| 2031 | ~$496,207 | ~$496,207 | ~1.8024% | ~$8,943 | +15.4% |
In 2025, this property's market value of $468,237 places it in the 25th–50th percentile for Multi-Family properties in Travis County (12570 comparable) — -10% below the county median of $519,086. 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 | $468,237 | $438,150 | $519,086 | $747,031 | ↓ Below median | -7.5% |
| 2024 | $587,918 | $467,312 | $564,206 | $847,583 | ↑ Above median | -6.3% |
| 2023 | $580,160 | $503,694 | $616,727 | $918,308 | ↓ Below median | +0.9% |
| 2022 | $436,688 | $506,269 | $614,560 | $904,074 | ↓ Bottom 25% | +39.0% |
| 2021 | $410,859 | $353,349 | $436,046 | $657,886 | ↓ Below median | base yr |
| Source | What it provides | Coverage for this parcel | Confidence |
|---|---|---|---|
| TCAD Certified Appraisal Roll ↗ | Market, assessed, and taxable value; land/improvement split; exemptions | 2025 | Certified |
| Texas Comptroller Annual Jurisdiction Roll (AJR) | Prior-year market and taxable value | 2021–2024 | Verified |
| TCAD Preliminary Export ↗ | First-look 2026 appraisal value, subject to change at certification | 2026 (exported June 9, 2026; certifies July 25, 2026) | Preliminary |
| Travis County Rates History ↗ | Adopted tax rate for each of this parcel's taxing entities | 1990–2025 | Verified |
| TaxCurOpenData | Current-year (2025) tax billing, by taxing entity | 2025 | Partial |
| PIR bulk billing export | Prior-year tax billing, Travis County Tax Office | 2021, 2022, 2023, 2024 | Verified |
| Satellite imagery (Esri World Imagery) | Aerial view of the parcel | Located by geocoding this parcel's address — may not resolve for every address | — |