3406 WILLOWRUN CV TX 78704
| Owner | CHEN SIMON G |
|---|---|
| Parcel ID | 0409000113 |
| Short ID | 312457 |
| Type | Real |
| Use Code | 03 Triplex |
| Valuation | Income |
| Improvement SF | 2,100 SF |
| Land SF | 9,682 SF |
| Acres | 0.222 |
| Year Built | 1973 |
| Legal | LOT 13 BLK B WILLOW SPRINGS SEC 1 |
| Neighborhood | K2006 |
| Land | $409,523 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $409,523 |
| Improvement | $229,075 |
|---|---|
| Total Improvement | $229,075 |
| Market | $638,598 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $638,598 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $638,598 |
| Exemptions on file | HS |
|---|---|
| Taxable Value | $638,598 |
Appreciation: Market value has risen +10.8% from $576,527 (2021) to $638,598 (2025), a CAGR of 2.6% over 4 years. Growth has been relatively flat for this asset class. 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 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 $13,069. Austin ISD is the largest single contributor, at 44.1% 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 64% of market value ($409,523 land vs $229,075 improvements), about $42/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $638,598, 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 +2.8% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $760,317 by 2031, with an estimated annual tax burden around $14,322. 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 |
|---|---|---|---|
| 551 | PAVED AREA | 2,304 SF | ✗ |
| 1ST | 1st Floor | 2,100 SF | ✓ |
| 095 | HVAC RESIDENTIAL | 2,100 SF | ✗ |
| 011 | PORCH OPEN 1ST F | 197 SF | ✗ |
| 581 | STORAGE ATT | 90 SF | ✓ |
| 251 | BATHROOM | 3 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% | $4,613.03 | $4,613.03 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $2,677.09 | $2,677.09 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,920.11 | $1,920.11 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $653.71 | $653.71 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $602.95 | $602.95 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $10,466.89 | $10,466.89 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $4,613.03 | 44.1% |
| CAT City of Austin | 0.5240% | $2,677.09 | 25.6% |
| TCO Travis County | 0.3758% | $1,920.11 | 18.3% |
| ACT Austin Community College | 0.1034% | $653.71 | 6.2% |
| THD Travis Central Health | 0.1180% | $602.95 | 5.8% |
| Total | 2.0465% | $10,466.89 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $662,075 | $638,598 | +3.7% |
| Assessed Value | $662,075 | $638,598 | +3.7% |
| Land Value | $409,523 | $409,523 | +0.0% |
| Improvement Value | $252,552 | $229,075 | +10.2% |
| Taxable Value | $662,075 | $638,598 | +3.7% |
| Exemptions | HS | HS | |
| Total Tax 2026 = estimate |
~$13,549
Estimated
|
~$10,467
Partial
|
ⓘ |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $662,075 | $409,523 | $252,552 | — | $662,075 | $662,075 | Not yet — post-cert | Preliminary |
| 2025 | $638,598 | $409,523 | $229,075 | — | $638,598 | $638,598 | ~$10,467 | Partial |
| 2024 | $720,114 | $472,500 | $247,614 | −$31,987 | $688,127 | $550,502 | $11,400 | Verified |
| 2023 | $889,168 | $472,500 | $416,668 | −$263,598 | $625,570 | $500,456 | $9,388 | Verified |
| 2022 | $764,999 | $472,500 | $292,499 | −$196,299 | $568,700 | $454,960 | $9,827 | Verified |
| 2021 | $576,527 | $315,000 | $261,527 | −$59,527 | $517,000 | $413,600 | $9,938 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +3.7% | +3.7% | ~100% | Not available | Partial |
| 2025 | -11.3% | -7.2% | ~100% | Not available | Partial |
| 2024 | -19.0% | +10.0% | 95.6% | No billing data | Verified |
| 2023 | +16.2% | +10.0% | 70.4% | No billing data | Verified |
| 2022 | +32.7% | +10.0% | 74.3% | No billing data | Verified |
| 2021 | base year | — | 89.7% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +10.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +3.7% | +4.5% | +2.8% | +32.7% | 2022 | -19.0% | 2024 |
| Assessment Ratio | 100.0% | 88.3% | — | 100.0% | 2025 | 70.4% | 2023 |
| Effective Tax Rate (2025) | 1.6400% | 1.6400% | — | 1.6400% | 2025 | 1.6400% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$10,467 | $10,204 | ~$14,017 | $11,400 | 2024 | $9,388 | 2023 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$680,651 | ~$680,651 | ~2.0139% | ~$13,708 | +2.8% |
| 2028 | ~$699,749 | ~$699,749 | ~1.9814% | ~$13,865 | +5.7% |
| 2029 | ~$719,382 | ~$719,382 | ~1.9488% | ~$14,020 | +8.7% |
| 2030 | ~$739,566 | ~$739,566 | ~1.9163% | ~$14,172 | +11.7% |
| 2031 | ~$760,317 | ~$760,317 | ~1.8837% | ~$14,322 | +14.8% |
| 2027 | ~$667,410 | ~$667,410 | ~2.0465% | ~$13,658 | +0.8% |
| 2028 | ~$672,788 | ~$672,788 | ~2.0465% | ~$13,769 | +1.6% |
| 2029 | ~$678,209 | ~$678,209 | ~2.0465% | ~$13,879 | +2.4% |
| 2030 | ~$683,674 | ~$683,674 | ~2.0465% | ~$13,991 | +3.3% |
| 2031 | ~$689,182 | ~$689,182 | ~2.0465% | ~$14,104 | +4.1% |
| 2027 | ~$693,893 | ~$693,893 | ~1.9977% | ~$13,862 | +4.8% |
| 2028 | ~$727,240 | ~$727,240 | ~1.9488% | ~$14,173 | +9.8% |
| 2029 | ~$762,189 | ~$762,189 | ~1.9000% | ~$14,482 | +15.1% |
| 2030 | ~$798,818 | ~$798,818 | ~1.8512% | ~$14,788 | +20.7% |
| 2031 | ~$837,208 | ~$837,208 | ~1.8024% | ~$15,090 | +26.5% |
In 2025, this property's market value of $638,598 places it in the 50th–75th percentile for Multi-Family properties in Travis County (12570 comparable) — +23% 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 | $638,598 | $438,150 | $519,086 | $747,031 | ↑ Above median | -7.5% |
| 2024 | $720,114 | $467,312 | $564,206 | $847,583 | ↑ Above median | -6.3% |
| 2023 | $889,168 | $503,694 | $616,727 | $918,308 | ↑ Above median | +0.9% |
| 2022 | $764,999 | $506,269 | $614,560 | $904,074 | ↑ Above median | +39.0% |
| 2021 | $576,527 | $353,349 | $436,046 | $657,886 | ↑ Above 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 | — |