1908 HEARTHSTONE DR TX 78757
| Owner | M & B YBL X LLC |
|---|---|
| Parcel ID | 0242080702 |
| Short ID | 247069 |
| Type | Real |
| Use Code | 04 Fourplex |
| Valuation | Income |
| Improvement SF | 4,048 SF |
| Land SF | 8,120 SF |
| Acres | 0.186 |
| Year Built | 1969 |
| Legal | LOT 5 BLK G WOOTEN TERRACE SEC 3 |
| Neighborhood | Y6006 |
| Land | $330,747 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $330,747 |
| Improvement | $332,199 |
|---|---|
| Total Improvement | $332,199 |
| Market | $662,946 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $662,946 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $662,946 |
| Taxable Value | $662,946 |
|---|
Appreciation: Market value has fallen -2.1% from $677,271 (2021) to $662,946 (2025), a CAGR of -0.5% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2024→2025), 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 $13,567. 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 50% of market value ($330,747 land vs $332,199 improvements), about $41/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $662,946, this parcel sits in the upper-middle (50th–75th 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 +2.9% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $901,820 by 2031, with an estimated annual tax burden around $16,988. 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.
7 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 095 | HVAC RESIDENTIAL | 4,048 SF | ✗ |
| 1ST | 1st Floor | 2,024 SF | ✓ |
| 2ND | 2nd Floor | 2,024 SF | ✓ |
| 612 | TERRACE UNCOVERD | 252 SF | ✗ |
| 613 | TERRACE COVERED | 252 SF | ✗ |
| 581 | STORAGE ATT | 81 SF | ✓ |
| 251 | BATHROOM | 6 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% | $6,133.58 | $6,133.58 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $3,473.95 | $3,473.95 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,491.65 | $2,491.65 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $782.43 | $782.43 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $685.49 | $685.49 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $13,567.10 | $13,567.10 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $6,133.58 | 45.2% |
| CAT City of Austin | 0.5240% | $3,473.95 | 25.6% |
| TCO Travis County | 0.3758% | $2,491.65 | 18.4% |
| THD Travis Central Health | 0.1180% | $782.43 | 5.8% |
| ACT Austin Community College | 0.1034% | $685.49 | 5.1% |
| Total | 2.0465% | $13,567.10 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $781,522 | $662,946 | +17.9% |
| Assessed Value | $781,522 | $662,946 | +17.9% |
| Land Value | $203,537 | $330,747 | -38.5% |
| Improvement Value | $577,985 | $332,199 | +74.0% |
| Taxable Value | $781,522 | $662,946 | +17.9% |
| Total Tax 2026 = estimate |
~$15,994
Estimated
|
~$13,567
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $781,522 | $203,537 | $577,985 | — | $781,522 | $781,522 | Not yet — post-cert | Preliminary |
| 2025 | $662,946 | $330,747 | $332,199 | — | $662,946 | $662,946 | ~$13,567 | Partial |
| 2024 | $820,354 | $325,000 | $495,354 | — | $820,354 | $820,354 | $16,258 | Verified |
| 2023 | $824,167 | $325,000 | $499,167 | — | $824,167 | $824,167 | $14,911 | Verified |
| 2022 | $813,996 | $400,000 | $413,996 | — | $813,996 | $813,996 | $16,076 | Verified |
| 2021 | $677,271 | $240,000 | $437,271 | — | $677,271 | $677,271 | $13,243 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +17.9% | +17.9% | ~100% | Not available | Partial |
| 2025 | -19.2% | -19.2% | ~100% | Not available | Partial |
| 2024 | -0.5% | -0.5% | ~100% | No billing data | Verified |
| 2023 | +1.2% | +1.2% | ~100% | No billing data | Verified |
| 2022 | +20.2% | +20.2% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): -2.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +17.9% | +3.9% | +2.9% | +20.2% | 2022 | -19.2% | 2025 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2021 | 100.0% | 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 |
$13,567 | $14,811 | ~$16,595 | $16,258 | 2024 | $13,243 | 2021 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$804,224 | ~$804,224 | ~2.0139% | ~$16,197 | +2.9% |
| 2028 | ~$827,585 | ~$827,585 | ~1.9814% | ~$16,398 | +5.9% |
| 2029 | ~$851,625 | ~$851,625 | ~1.9488% | ~$16,597 | +9.0% |
| 2030 | ~$876,363 | ~$876,363 | ~1.9163% | ~$16,794 | +12.1% |
| 2031 | ~$901,820 | ~$901,820 | ~1.8837% | ~$16,988 | +15.4% |
| 2027 | ~$788,593 | ~$788,593 | ~2.0465% | ~$16,138 | +0.9% |
| 2028 | ~$795,729 | ~$795,729 | ~2.0465% | ~$16,284 | +1.8% |
| 2029 | ~$802,929 | ~$802,929 | ~2.0465% | ~$16,432 | +2.7% |
| 2030 | ~$810,194 | ~$810,194 | ~2.0465% | ~$16,580 | +3.7% |
| 2031 | ~$817,525 | ~$817,525 | ~2.0465% | ~$16,731 | +4.6% |
| 2027 | ~$819,854 | ~$819,854 | ~1.9977% | ~$16,378 | +4.9% |
| 2028 | ~$860,067 | ~$860,067 | ~1.9488% | ~$16,761 | +10.1% |
| 2029 | ~$902,252 | ~$902,252 | ~1.9000% | ~$17,143 | +15.4% |
| 2030 | ~$946,505 | ~$946,505 | ~1.8512% | ~$17,522 | +21.1% |
| 2031 | ~$992,930 | ~$992,930 | ~1.8024% | ~$17,896 | +27.1% |
In 2025, this property's market value of $662,946 places it in the 50th–75th percentile for Multi-Family properties in Travis County (12570 comparable) — +28% above 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 | $662,946 | $438,150 | $519,086 | $747,031 | ↑ Above median | -7.5% |
| 2024 | $820,354 | $467,312 | $564,206 | $847,583 | ↑ Above median | -6.3% |
| 2023 | $824,167 | $503,694 | $616,727 | $918,308 | ↑ Above median | +0.9% |
| 2022 | $813,996 | $506,269 | $614,560 | $904,074 | ↑ Above median | +39.0% |
| 2021 | $677,271 | $353,349 | $436,046 | $657,886 | ↑ Top 25% | 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 | — |