1915 FAIRLAWN LN TX 78704
| Owner | ATX PROPERTY HOLDINGS LLC |
|---|---|
| Parcel ID | 0303020405 |
| Short ID | 284593 |
| Type | Real |
| Use Code | 04 Fourplex |
| Valuation | Income |
| Improvement SF | 2,275 SF |
| Land SF | 9,063 SF |
| Acres | 0.208 |
| Year Built | 1975 |
| Legal | LOT 1 MARIPOSA TERRACE |
| Neighborhood | K4005 |
| Land | $622,970 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $622,970 |
| Improvement | $122,458 |
|---|---|
| Total Improvement | $122,458 |
| Market | $745,428 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $745,428 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $745,428 |
| Taxable Value | $745,428 |
|---|
Appreciation: Market value has fallen -3.4% from $772,000 (2021) to $745,428 (2025), a CAGR of -0.9% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2023→2024), 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 $15,255. 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 84% of market value ($622,970 land vs $122,458 improvements), about $69/SF of land. With value concentrated in the land under a ~51-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 $745,428, 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 +0.9% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $840,815 by 2031, with an estimated annual tax burden around $15,839. 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 |
|---|---|---|---|
| 095 | HVAC RESIDENTIAL | 4,550 SF | ✗ |
| 1ST | 1st Floor | 2,275 SF | ✓ |
| 551 | PAVED AREA | 1,200 SF | ✗ |
| 011 | PORCH OPEN 1ST F | 555 SF | ✗ |
| 581 | STORAGE ATT | 95 SF | ✓ |
| 251 | BATHROOM | 4 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% | $6,896.70 | $6,896.70 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $3,906.17 | $3,906.17 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,801.65 | $2,801.65 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $879.78 | $879.78 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $770.77 | $770.77 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $15,255.07 | $15,255.07 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $6,896.70 | 45.2% |
| CAT City of Austin | 0.5240% | $3,906.17 | 25.6% |
| TCO Travis County | 0.3758% | $2,801.65 | 18.4% |
| THD Travis Central Health | 0.1180% | $879.78 | 5.8% |
| ACT Austin Community College | 0.1034% | $770.77 | 5.1% |
| Total | 2.0465% | $15,255.07 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $805,673 | $745,428 | +8.1% |
| Assessed Value | $805,673 | $745,428 | +8.1% |
| Land Value | $622,970 | $622,970 | +0.0% |
| Improvement Value | $182,703 | $122,458 | +49.2% |
| Taxable Value | $805,673 | $745,428 | +8.1% |
| Total Tax 2026 = estimate |
~$16,488
Estimated
|
~$15,255
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $805,673 | $622,970 | $182,703 | — | $805,673 | $805,673 | Not yet — post-cert | Preliminary |
| 2025 | $745,428 | $622,970 | $122,458 | — | $745,428 | $745,428 | ~$15,255 | Partial |
| 2024 | $1,022,456 | $640,000 | $382,456 | — | $1,022,456 | $1,022,456 | $20,263 | Verified |
| 2023 | $1,798,162 | $800,000 | $998,162 | — | $1,798,162 | $1,798,162 | $27,139 | Verified |
| 2022 | $1,100,000 | $800,000 | $300,000 | — | $1,100,000 | $1,100,000 | $21,724 | Verified |
| 2021 | $772,000 | $450,000 | $322,000 | — | $772,000 | $772,000 | $16,804 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +8.1% | +8.1% | ~100% | Not available | Partial |
| 2025 | -27.1% | -27.1% | ~100% | Not available | Partial |
| 2024 | -43.1% | -43.1% | ~100% | No billing data | Verified |
| 2023 | +63.5% | +63.5% | ~100% | No billing data | Verified |
| 2022 | +42.5% | +42.5% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): -3.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +8.1% | +8.8% | +0.9% | +63.5% | 2023 | -43.1% | 2024 |
| 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 |
$15,255 | $20,237 | ~$16,105 | $27,139 | 2023 | $15,255 | 2025 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$812,582 | ~$812,582 | ~2.0139% | ~$16,365 | +0.9% |
| 2028 | ~$819,550 | ~$819,550 | ~1.9814% | ~$16,238 | +1.7% |
| 2029 | ~$826,578 | ~$826,578 | ~1.9488% | ~$16,109 | +2.6% |
| 2030 | ~$833,666 | ~$833,666 | ~1.9163% | ~$15,975 | +3.5% |
| 2031 | ~$840,815 | ~$840,815 | ~1.8837% | ~$15,839 | +4.4% |
| 2027 | ~$796,468 | ~$796,468 | ~2.0465% | ~$16,300 | -1.1% |
| 2028 | ~$787,369 | ~$787,369 | ~2.0465% | ~$16,113 | -2.3% |
| 2029 | ~$778,373 | ~$778,373 | ~2.0465% | ~$15,929 | -3.4% |
| 2030 | ~$769,481 | ~$769,481 | ~2.0465% | ~$15,747 | -4.5% |
| 2031 | ~$760,690 | ~$760,690 | ~2.0465% | ~$15,567 | -5.6% |
| 2027 | ~$828,695 | ~$828,695 | ~1.9977% | ~$16,555 | +2.9% |
| 2028 | ~$852,375 | ~$852,375 | ~1.9488% | ~$16,611 | +5.8% |
| 2029 | ~$876,732 | ~$876,732 | ~1.9000% | ~$16,658 | +8.8% |
| 2030 | ~$901,785 | ~$901,785 | ~1.8512% | ~$16,694 | +11.9% |
| 2031 | ~$927,554 | ~$927,554 | ~1.8024% | ~$16,718 | +15.1% |
In 2025, this property's market value of $745,428 places it in the 50th–75th percentile for Multi-Family properties in Travis County (12570 comparable) — +44% 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 | $745,428 | $438,150 | $519,086 | $747,031 | ↑ Above median | -7.5% |
| 2024 | $1,022,456 | $467,312 | $564,206 | $847,583 | ↑ Top 25% | -6.3% |
| 2023 | $1,798,162 | $503,694 | $616,727 | $918,308 | ↑ Top 25% | +0.9% |
| 2022 | $1,100,000 | $506,269 | $614,560 | $904,074 | ↑ Top 25% | +39.0% |
| 2021 | $772,000 | $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 | — |