1211 HOLLOW CREEK DR TX 78704
| Owner | OLSON INGER LINNEA |
|---|---|
| Parcel ID | 0104071122 |
| Short ID | 104229 |
| Type | Real |
| Use Code | 04 Fourplex |
| Valuation | Income |
| Improvement SF | 2,652 SF |
| Land SF | 13,944 SF |
| Acres | 0.320 |
| Year Built | 1972 |
| Legal | LOT 38 BLK 1 BARTON HOLLOW |
| Neighborhood | L1005 |
| Land | $738,880 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $738,880 |
| Improvement | $286,138 |
|---|---|
| Total Improvement | $286,138 |
| Market | $1,025,018 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,025,018 |
| Value Limitation Adjustment (−) (homestead cap) | −$23,536 |
| Net Appraised (assessed) | $1,001,482 |
| Exemptions (−) (HS) | −$46,544 |
|---|---|
| Taxable Value | $954,938 |
Appreciation: Market value has risen +77.3% from $578,000 (2021) to $1,025,018 (2025), a CAGR of 15.4% 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 $19,543. Austin ISD is the largest single contributor, at 42.6% of the total 2025 levy.
Assessment Gap: Assessed value ($1,001,482) is $23,536 below market value, suggesting potential for an upward assessment in future years.
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 72% of market value ($738,880 land vs $286,138 improvements), about $53/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 $1,025,018, 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 +15.4% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,097,665 by 2030, with an estimated annual tax burden around $30,383. 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.
5 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 2,652 SF | ✓ |
| 095 | HVAC RESIDENTIAL | 2,652 SF | ✗ |
| 551 | PAVED AREA | 2,350 SF | ✗ |
| 612 | TERRACE UNCOVERD | 208 SF | ✗ |
| 251 | BATHROOM | 4 SF | ✓ |
Market value changed by 92% 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% | $7,970.43 | $7,970.43 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $5,004.04 | $5,004.04 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,589.09 | $3,589.09 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,127.05 | $1,127.05 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,030.36 | $1,030.36 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $18,720.97 | $18,720.97 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $973,641 | $1,025,018 | -5.0% |
| Assessed Value | $973,641 | $1,001,482 | -2.8% |
| Land Value | $738,880 | $738,880 | +0.0% |
| Improvement Value | $234,761 | $286,138 | -18.0% |
| Taxable Value | $924,959 | $954,938 | -3.1% |
| Exemptions | HS | HS | |
| Total Tax 2026 = estimate |
~$18,929
Estimated
|
~$18,721
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $973,641 | $973,641 | +0 (+0.0%) |
| Taxable Value | $924,959 | $924,959 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $973,641 | $738,880 | $234,761 | — | $973,641 | $924,959 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,025,018 | $738,880 | $286,138 | −$23,536 | $1,001,482 | $954,938 | ~$18,721 | Partial |
| 2024 | $1,493,568 | — | — | −$413,568 | $1,080,000 | $— | $22,273 | Verified |
| 2023 | $1,395,994 | — | — | −$255,994 | $1,140,000 | $— | $22,555 | Verified |
| 2022 | $727,164 | — | — | — | $1,140,000 ! | $— | $23,419 | Verified |
| 2021 | $578,000 | — | — | −$68,000 | $510,000 | $— | $14,739 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -5.0% | -2.8% | ~100% | Not available | Partial |
| 2025 | -21.6% | -16.0% | 97.7% | Not available | Partial |
| 2024 | -12.5% | -9.2% | 91.2% | 1.7000% | Verified |
| 2023 | +7.0% | +7.4% | 87.9% | 1.5100% | Verified |
| 2022 | +92.0% ! | +73.5% | 87.5% | 1.6800% | Verified |
| 2021 | base year | — | 96.9% | 2.5500% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +41.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -5.0% | +17.7% | +16.6% | +92.0% | 2023 | -31.4% | 2025 |
| Assessment Ratio | 100.0% | 99.5% | — | 156.8% | 2022 | 72.3% | 2024 |
| Effective Tax Rate (2025) | 1.8300% | 1.8300% | — | 1.8300% | 2025 | 1.8300% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$18,721 | $20,341 | ~$26,131 | $23,419 | 2022 | $14,739 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,182,857 | ~$1,101,630 | ~2.0139% | ~$22,186 | +15.4% |
| 2027 | ~$1,365,002 | ~$1,211,793 | ~1.9814% | ~$24,010 | +33.2% |
| 2028 | ~$1,575,195 | ~$1,332,973 | ~1.9488% | ~$25,978 | +53.7% |
| 2029 | ~$1,817,754 | ~$1,466,270 | ~1.9163% | ~$28,098 | +77.3% |
| 2030 | ~$2,097,665 | ~$1,612,897 | ~1.8837% | ~$30,383 | +104.6% |
| 2026 | ~$1,162,357 | ~$1,101,630 | ~2.0465% | ~$22,545 | +13.4% |
| 2027 | ~$1,318,098 | ~$1,211,793 | ~2.0465% | ~$24,799 | +28.6% |
| 2028 | ~$1,494,706 | ~$1,332,973 | ~2.0465% | ~$27,279 | +45.8% |
| 2029 | ~$1,694,977 | ~$1,466,270 | ~2.0465% | ~$30,007 | +65.4% |
| 2030 | ~$1,922,082 | ~$1,612,897 | ~2.0465% | ~$33,008 | +87.5% |
| 2026 | ~$1,203,358 | ~$1,101,630 | ~1.9977% | ~$22,007 | +17.4% |
| 2027 | ~$1,412,726 | ~$1,211,793 | ~1.9488% | ~$23,616 | +37.8% |
| 2028 | ~$1,658,522 | ~$1,332,973 | ~1.9000% | ~$25,327 | +61.8% |
| 2029 | ~$1,947,084 | ~$1,466,270 | ~1.8512% | ~$27,144 | +90.0% |
| 2030 | ~$2,285,851 | ~$1,612,897 | ~1.8024% | ~$29,070 | +123.0% |
In 2025, this property's market value of $1,025,018 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — +97% 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 | $1,025,018 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $1,493,568 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $1,395,994 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $727,164 | $506,618 | $615,058 | $906,429 | ↑ Above median | +39.1% |
| 2021 | $578,000 | $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.