3316 WESTHILL DR AUSTIN, TX 78704
| Owner | CANNON JAMES & VICTORIA |
|---|---|
| Parcel ID | 0402110709 |
| Short ID | 304231 |
| Type | Real |
| Use Code | 02 Duplex |
| Valuation | Cost |
| Improvement SF | 2,394 SF |
| Land SF | 16,988 SF |
| Acres | 0.390 |
| Year Built | 1958 |
| Legal | ABS 14 SUR 21 HILL H P ACR .390 |
| Neighborhood | L1005 |
| Land | $910,859 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $910,859 |
| Improvement | $263,443 |
|---|---|
| Total Improvement | $263,443 |
| Market | $1,174,302 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,174,302 |
| Value Limitation Adjustment (−) (homestead cap) | −$250,852 |
| Net Appraised (assessed) | $923,450 |
| Exemptions on file | HS |
|---|---|
| Taxable Value | $923,450 |
Appreciation: Market value has risen +42.0% from $827,119 (2021) to $1,174,302 (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 (2021→2022), 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 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 $18,898. Austin ISD is the largest single contributor, at 46.1% of the total 2025 levy.
Assessment Gap: Assessed value ($923,450) is $250,852 below market value, suggesting potential for an upward assessment in future years.
Asset Class: Multi-family residential. This is valued using the cost approach, tied more to replacement cost and physical condition than to income performance.
Value Composition: Land carries 78% of market value ($910,859 land vs $263,443 improvements), about $54/SF of land. With value concentrated in the land under a ~68-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 $1,174,302, this parcel sits in the top quartile (≥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 +6.4% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $1,535,740 by 2031, with an estimated annual tax burden around $28,929. 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.
4 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 2,394 SF | ✓ |
| 095 | HVAC RESIDENTIAL | 2,394 SF | ✗ |
| 581 | STORAGE ATT | 624 SF | ✓ |
| 251 | BATHROOM | 2 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% | $7,248.48 | $7,248.48 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $3,871.23 | $3,871.23 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,776.59 | $2,776.59 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $945.30 | $945.30 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $871.91 | $871.91 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $15,713.51 | $15,713.51 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $7,248.48 | 46.1% |
| CAT City of Austin | 0.5240% | $3,871.23 | 24.6% |
| TCO Travis County | 0.3758% | $2,776.59 | 17.7% |
| ACT Austin Community College | 0.1034% | $945.30 | 6.0% |
| THD Travis Central Health | 0.1180% | $871.91 | 5.5% |
| Total | 2.0465% | $15,713.51 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,127,049 | $1,174,302 | -4.0% |
| Assessed Value | $1,015,795 | $923,450 | +10.0% |
| Land Value | $910,859 | $910,859 | +0.0% |
| Improvement Value | $216,190 | $263,443 | -17.9% |
| Taxable Value | $1,015,795 | $923,450 | +10.0% |
| Exemptions | HS | HS | |
| HS Cap Loss | -$111,254 | — | |
| Total Tax 2026 = estimate |
~$20,788
Estimated
|
~$15,714
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $1,127,049 | $910,859 | $216,190 | −$111,254 | $1,015,795 | $1,015,795 | Not yet — post-cert | Preliminary |
| 2025 | $1,174,302 | $910,859 | $263,443 | −$250,852 | $923,450 | $923,450 | ~$15,714 | Partial |
| 2024 | $1,522,066 | $1,316,250 | $205,816 | −$682,566 | $839,500 | $671,600 | $14,117 | Verified |
| 2023 | $1,747,381 | $1,389,375 | $358,006 | −$984,199 | $763,182 | $610,546 | $11,642 | Verified |
| 2022 | $1,370,000 | $1,389,375 | — | −$676,198 | $693,802 | $555,042 | $12,076 | Verified |
| 2021 | $827,119 | $621,563 | $205,556 | −$196,390 | $630,729 | $504,583 | $12,183 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -4.0% | +10.0% | 90.1% | Not available | Partial |
| 2025 | -22.8% | +10.0% | 78.6% | Not available | Partial |
| 2024 | -12.9% | +10.0% | 55.2% | No billing data | Verified |
| 2023 | +27.5% | +10.0% | 43.7% | No billing data | Verified |
| 2022 | +65.6% | +10.0% | 50.6% | No billing data | Verified |
| 2021 | base year | — | 76.3% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +42.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -4.0% | +10.7% | +6.4% | +65.6% | 2022 | -22.8% | 2025 |
| Assessment Ratio | 90.1% | 65.8% | — | 90.1% | 2026 | 43.7% | 2023 |
| Effective Tax Rate (2025) | 1.3400% | 1.3400% | — | 1.3400% | 2025 | 1.3400% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$15,714 | $13,146 | ~$25,959 | $15,714 | 2025 | $11,642 | 2023 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$1,198,996 | ~$1,117,374 | ~2.0139% | ~$22,503 | +6.4% |
| 2028 | ~$1,275,536 | ~$1,229,112 | ~1.9814% | ~$24,353 | +13.2% |
| 2029 | ~$1,356,962 | ~$1,352,023 | ~1.9488% | ~$26,349 | +20.4% |
| 2030 | ~$1,443,586 | ~$1,443,586 | ~1.9163% | ~$27,663 | +28.1% |
| 2031 | ~$1,535,740 | ~$1,535,740 | ~1.8837% | ~$28,929 | +36.3% |
| 2027 | ~$1,176,455 | ~$1,117,374 | ~2.0465% | ~$22,867 | +4.4% |
| 2028 | ~$1,228,027 | ~$1,228,027 | ~2.0465% | ~$25,131 | +9.0% |
| 2029 | ~$1,281,860 | ~$1,281,860 | ~2.0465% | ~$26,233 | +13.7% |
| 2030 | ~$1,338,052 | ~$1,338,052 | ~2.0465% | ~$27,383 | +18.7% |
| 2031 | ~$1,396,708 | ~$1,396,708 | ~2.0465% | ~$28,583 | +23.9% |
| 2027 | ~$1,221,537 | ~$1,117,374 | ~1.9977% | ~$22,321 | +8.4% |
| 2028 | ~$1,323,947 | ~$1,229,112 | ~1.9488% | ~$23,953 | +17.5% |
| 2029 | ~$1,434,942 | ~$1,352,023 | ~1.9000% | ~$25,689 | +27.3% |
| 2030 | ~$1,555,243 | ~$1,487,225 | ~1.8512% | ~$27,531 | +38.0% |
| 2031 | ~$1,685,629 | ~$1,635,948 | ~1.8024% | ~$29,486 | +49.6% |
In 2025, this property's market value of $1,174,302 places it in the top 25% for Multi-Family properties in Travis County (12570 comparable) — +126% 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 | $1,174,302 | $438,150 | $519,086 | $747,031 | ↑ Top 25% | -7.5% |
| 2024 | $1,522,066 | $467,312 | $564,206 | $847,583 | ↑ Top 25% | -6.3% |
| 2023 | $1,747,381 | $503,694 | $616,727 | $918,308 | ↑ Top 25% | +0.9% |
| 2022 | $1,370,000 | $506,269 | $614,560 | $904,074 | ↑ Top 25% | +39.0% |
| 2021 | $827,119 | $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 | — |