1305 HOLLOW CREEK DR TX 78704
| Owner | FRANNICLOU LP |
|---|---|
| Parcel ID | 0104071115 |
| Short ID | 104222 |
| Type | Real |
| Use Code | 04 Fourplex |
| Valuation | Income |
| Improvement SF | 2,652 SF |
| Land SF | 13,440 SF |
| Acres | 0.309 |
| Year Built | 1972 |
| Legal | LOT 45 BLK 1 BARTON HOLLOW |
| Neighborhood | L1005 |
| Land | $728,800 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $728,800 |
| Improvement | $191,244 |
|---|---|
| Total Improvement | $191,244 |
| Market | $920,044 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $920,044 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $920,044 |
| Taxable Value | $920,044 |
|---|
Appreciation: Market value has risen +61.3% from $570,400 (2021) to $920,044 (2025), a CAGR of 12.7% over 4 years. This is strong appreciation — well above typical inflation. 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 +37.9%, 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 $18,829. 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 79% of market value ($728,800 land vs $191,244 improvements), about $54/SF of land. With value concentrated in the land under a ~54-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 $920,044, this parcel sits in the top quartile (≥75th percentile) of Multi-Family property in Travis County — county median $519,778 (P25 $438,669 / P75 $749,859, n=12,584). 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 +12.7% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,672,418 by 2030, with an estimated annual tax burden around $27,912. 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 | 2,652 SF | ✓ |
| 095 | HVAC RESIDENTIAL | 2,652 SF | ✗ |
| 551 | PAVED AREA | 2,520 SF | ✗ |
| 251 | BATHROOM | 4 SF | ✓ |
Market value changed by 96% in 2022, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| 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% | $8,512.25 | $8,512.25 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $4,821.19 | $4,821.19 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,457.94 | $3,457.94 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,085.86 | $1,085.86 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $951.33 | $951.33 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $18,828.57 | $18,828.57 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $896,575 | $920,044 | -2.6% |
| Assessed Value | $896,575 | $920,044 | -2.6% |
| Land Value | $728,800 | $728,800 | +0.0% |
| Improvement Value | $167,775 | $191,244 | -12.3% |
| Taxable Value | $896,575 | $920,044 | -2.6% |
| Total Tax 2026 = estimate |
~$18,348
Estimated
|
~$18,829
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $931,506 | $896,575 | -34,931 (-3.7%) |
| Taxable Value | $931,506 | $896,575 | -34,931 (-3.7%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $896,575 | $728,800 | $167,775 | — | $896,575 | $896,575 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $920,044 | $728,800 | $191,244 | — | $920,044 | $920,044 | ~$18,829 | Partial |
| 2024 | $1,271,901 | — | — | −$191,901 | $1,080,000 | $— | $23,874 | Verified |
| 2023 | $1,379,324 | — | — | −$239,324 | $1,140,000 | $— | $23,012 | Verified |
| 2022 | $703,122 | — | — | — | $1,140,000 ! | $— | $27,241 | Verified |
| 2021 | $570,400 | — | — | −$60,400 | $510,000 | $— | $15,305 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +1.2% | +1.2% | ~100% | Not available | Partial |
| 2025 | -23.6% | -23.6% | ~100% | Not available | Partial |
| 2024 | -5.3% | -5.3% | ~100% | 1.9800% | Verified |
| 2023 | -7.8% | -7.8% | ~100% | 1.8100% | Verified |
| 2022 | +96.2% ! | +96.2% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.6800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +30.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -2.6% | +16.3% | +13.3% | +96.2% | 2023 | -27.7% | 2025 |
| Assessment Ratio | 100.0% | 103.2% | — | 162.1% | 2022 | 82.6% | 2023 |
| 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 |
$18,829 | $21,652 | ~$24,006 | $27,241 | 2022 | $15,305 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,036,850 | ~$1,012,048 | ~2.0139% | ~$20,382 | +12.7% |
| 2027 | ~$1,168,485 | ~$1,113,253 | ~1.9814% | ~$22,058 | +27.0% |
| 2028 | ~$1,316,832 | ~$1,224,579 | ~1.9488% | ~$23,865 | +43.1% |
| 2029 | ~$1,484,013 | ~$1,347,036 | ~1.9163% | ~$25,813 | +61.3% |
| 2030 | ~$1,672,418 | ~$1,481,740 | ~1.8837% | ~$27,912 | +81.8% |
| 2026 | ~$1,018,449 | ~$1,012,048 | ~2.0465% | ~$20,711 | +10.7% |
| 2027 | ~$1,127,379 | ~$1,113,253 | ~2.0465% | ~$22,783 | +22.5% |
| 2028 | ~$1,247,960 | ~$1,224,579 | ~2.0465% | ~$25,061 | +35.6% |
| 2029 | ~$1,381,438 | ~$1,347,036 | ~2.0465% | ~$27,567 | +50.1% |
| 2030 | ~$1,529,192 | ~$1,481,740 | ~2.0465% | ~$30,324 | +66.2% |
| 2026 | ~$1,055,251 | ~$1,012,048 | ~1.9977% | ~$20,217 | +14.7% |
| 2027 | ~$1,210,327 | ~$1,113,253 | ~1.9488% | ~$21,696 | +31.6% |
| 2028 | ~$1,388,193 | ~$1,224,579 | ~1.9000% | ~$23,267 | +50.9% |
| 2029 | ~$1,592,197 | ~$1,347,036 | ~1.8512% | ~$24,936 | +73.1% |
| 2030 | ~$1,826,181 | ~$1,481,740 | ~1.8024% | ~$26,706 | +98.5% |
In 2025, this property's market value of $920,044 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — +77% above the county median of $519,778. 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 | $920,044 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $1,271,901 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $1,379,324 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $703,122 | $506,618 | $615,058 | $906,429 | ↑ Above median | +39.1% |
| 2021 | $570,400 | $300,453 | $376,850 | $539,896 | ↑ Top 25% | base yr |
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.