3403 WILLOWRUN CV TX 78704
| Owner | WILLIS ERIC D |
|---|---|
| Parcel ID | 0409000108 |
| Short ID | 312452 |
| Type | Real |
| Use Code | 04 Fourplex |
| Valuation | Income |
| Improvement SF | 3,137 SF |
| Land SF | 10,195 SF |
| Acres | 0.234 |
| Year Built | 1973 |
| Legal | LOT 8 BLK B WILLOW SPRINGS SEC 1 |
| Neighborhood | K2006 |
| Land | $414,329 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $414,329 |
| Improvement | $412,031 |
|---|---|
| Total Improvement | $412,031 |
| Market | $826,360 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $826,360 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $826,360 |
| Taxable Value | $826,360 |
|---|
| Total Due | $12,054.37 |
|---|---|
| First Delinquent | — |
Appreciation: Market value has risen +13.6% from $727,669 (2021) to $826,360 (2025), a CAGR of 3.2% 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 $16,911. 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 ($414,329 land vs $412,031 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 $826,360, 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 +1.4% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $833,505 by 2031, with an estimated annual tax burden around $15,701. Estimated Forward figures are model projections, not certified — see the 6-Year Projection section for the low/base/high bands.
Delinquent Taxes: $12,054.37 in unpaid taxes . These become a lien on the property and transfer to the buyer at closing unless negotiated otherwise.
7 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 3,137 SF | ✓ |
| 095 | HVAC RESIDENTIAL | 3,137 SF | ✗ |
| 551 | PAVED AREA | 3,100 SF | ✗ |
| 612 | TERRACE UNCOVERD | 392 SF | ✗ |
| 011 | PORCH OPEN 1ST F | 348 SF | ✗ |
| SO | Sketch Only | 348 SF | ✗ |
| 251 | BATHROOM | 4 SF | ✓ |
| Entity | 2024 Rate | 2025 Rate | Rate Effect |
|---|---|---|---|
| City of Austin | 0.4776% | 0.5240% | +384 |
| Travis County | 0.3444% | 0.3758% | +259 |
| Austin ISD | 0.9505% | 0.9252% | -209 |
| Travis Central Health | 0.1080% | 0.1180% | +83 |
| Austin Community College | 0.1013% | 0.1034% | +17 |
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% | $7,645.48 | $2,906.63 | $4,738.85 |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $4,330.27 | $1,646.26 | $2,684.01 |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,105.83 | $1,180.76 | $1,925.07 |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $975.29 | $370.78 | $604.51 |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $854.46 | $324.84 | $529.62 |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $16,911.33 | $6,429.27 | $10,482.06 |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $7,645.48 | 45.2% |
| CAT City of Austin | 0.5240% | $4,330.27 | 25.6% |
| TCO Travis County | 0.3758% | $3,105.83 | 18.4% |
| THD Travis Central Health | 0.1180% | $975.29 | 5.8% |
| ACT Austin Community College | 0.1034% | $854.46 | 5.1% |
| Total | 2.0465% | $16,911.33 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $778,791 | $826,360 | -5.8% |
| Assessed Value | $778,791 | $826,360 | -5.8% |
| Land Value | $414,329 | $414,329 | +0.0% |
| Improvement Value | $364,462 | $412,031 | -11.5% |
| Taxable Value | $778,791 | $826,360 | -5.8% |
| Total Tax 2026 = estimate |
~$15,938
Estimated
|
$16,911 | ⓘ |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $778,791 | $414,329 | $364,462 | — | $778,791 | $778,791 | Not yet — post-cert | Preliminary |
| 2025 | $826,360 | $414,329 | $412,031 | — | $826,360 | $826,360 | $16,911 | Verified |
| 2024 | $1,004,643 | $495,000 | $509,643 | — | $1,004,643 | $1,004,643 | $19,910 | Verified |
| 2023 | $1,169,272 | $495,000 | $674,272 | — | $1,169,272 | $1,169,272 | $21,155 | Verified |
| 2022 | $937,328 | $495,000 | $442,328 | — | $937,328 | $937,328 | $18,512 | Verified |
| 2021 | $727,669 | $330,000 | $397,669 | — | $727,669 | $727,669 | $15,839 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -5.8% | -5.8% | ~100% | Not available | Partial |
| 2025 | -17.7% | -17.7% | ~100% | 2.0500% | Verified |
| 2024 | -14.1% | -14.1% | ~100% | No billing data | Verified |
| 2023 | +24.7% | +24.7% | ~100% | No billing data | Verified |
| 2022 | +28.8% | +28.8% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +13.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -5.8% | +3.2% | +1.4% | +28.8% | 2022 | -17.7% | 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 | $16,911 | $18,465 | ~$15,804 | $21,155 | 2023 | $15,839 | 2021 |
This parcel has unpaid taxes on record. Delinquent taxes are a lien on the property and transfer to the buyer at closing unless negotiated otherwise.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$789,439 | ~$789,439 | ~2.0139% | ~$15,899 | +1.4% |
| 2028 | ~$800,232 | ~$800,232 | ~1.9814% | ~$15,856 | +2.8% |
| 2029 | ~$811,172 | ~$811,172 | ~1.9488% | ~$15,808 | +4.2% |
| 2030 | ~$822,263 | ~$822,263 | ~1.9163% | ~$15,757 | +5.6% |
| 2031 | ~$833,505 | ~$833,505 | ~1.8837% | ~$15,701 | +7.0% |
| 2027 | ~$773,863 | ~$773,863 | ~2.0465% | ~$15,837 | -0.6% |
| 2028 | ~$768,966 | ~$768,966 | ~2.0465% | ~$15,737 | -1.3% |
| 2029 | ~$764,100 | ~$764,100 | ~2.0465% | ~$15,637 | -1.9% |
| 2030 | ~$759,264 | ~$759,264 | ~2.0465% | ~$15,538 | -2.5% |
| 2031 | ~$754,460 | ~$754,460 | ~2.0465% | ~$15,440 | -3.1% |
| 2027 | ~$805,014 | ~$805,014 | ~1.9977% | ~$16,081 | +3.4% |
| 2028 | ~$832,121 | ~$832,121 | ~1.9488% | ~$16,217 | +6.8% |
| 2029 | ~$860,140 | ~$860,140 | ~1.9000% | ~$16,343 | +10.4% |
| 2030 | ~$889,102 | ~$889,102 | ~1.8512% | ~$16,459 | +14.2% |
| 2031 | ~$919,040 | ~$919,040 | ~1.8024% | ~$16,565 | +18.0% |
In 2025, this property's market value of $826,360 places it in the top 25% for Multi-Family properties in Travis County (12570 comparable) — +59% 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 | $826,360 | $438,150 | $519,086 | $747,031 | ↑ Top 25% | -7.5% |
| 2024 | $1,004,643 | $467,312 | $564,206 | $847,583 | ↑ Top 25% | -6.3% |
| 2023 | $1,169,272 | $503,694 | $616,727 | $918,308 | ↑ Top 25% | +0.9% |
| 2022 | $937,328 | $506,269 | $614,560 | $904,074 | ↑ Top 25% | +39.0% |
| 2021 | $727,669 | $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 | Verified |
| PIR bulk billing export | Prior-year tax billing, Travis County Tax Office | 2021, 2022, 2023, 2024 | Verified |
| TaxDelqOpenData ↗ | Delinquent-account status and balance due | As of June 20, 2026 — balance grows monthly (Tax Code §33.01) | Verified |
| Satellite imagery (Esri World Imagery) | Aerial view of the parcel | Located by geocoding this parcel's address — may not resolve for every address | — |