1212 HOLLOW CREEK DR TX 78704
| Owner | NAGA PRAVEEN NEPPALLI |
|---|---|
| Parcel ID | 0104071205 |
| Short ID | 104246 |
| Type | Real |
| Use Code | 04 Fourplex |
| Valuation | Income |
| Improvement SF | 3,338 SF |
| Land SF | 7,000 SF |
| Acres | 0.161 |
| Year Built | 1973 |
| Legal | LOT 4 BLK 2 BARTON HOLLOW |
| Neighborhood | L1005 |
| Land | $617,143 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $617,143 |
| Improvement | $303,292 |
|---|---|
| Total Improvement | $303,292 |
| Market | $920,435 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $920,435 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $920,435 |
| Taxable Value | $920,435 |
|---|
Appreciation: Market value has risen +113.4% from $431,300 (2021) to $920,435 (2025), a CAGR of 20.9% 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 $18,837. 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 67% of market value ($617,143 land vs $303,292 improvements), about $88/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $920,435, 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 +20.9% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,374,161 by 2030, with an estimated annual tax burden around $27,924. 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.
11 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 095 | HVAC RESIDENTIAL | 3,338 SF | ✗ |
| 551 | PAVED AREA | 2,160 SF | ✗ |
| 1ST | 1st Floor | 1,669 SF | ✓ |
| 2ND | 2nd Floor | 1,669 SF | ✓ |
| 612 | TERRACE UNCOVERD | 264 SF | ✗ |
| 011 | PORCH OPEN 1ST F | 194 SF | ✗ |
| 581 | STORAGE ATT | 169 SF | ✓ |
| SO | Sketch Only | 112 SF | ✗ |
| 012 | PORCH OPEN 2ND F | 88 SF | ✗ |
| 251 | BATHROOM | 4 SF | ✓ |
| 413 | STAIRWAY EXT | 2 SF | ✓ |
Market value changed by 101% 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% | $8,515.86 | $8,515.86 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $4,823.24 | $4,823.24 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,459.41 | $3,459.41 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,086.33 | $1,086.33 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $951.73 | $951.73 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $18,836.57 | $18,836.57 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $800,848 | $920,435 | -13.0% |
| Assessed Value | $800,848 | $920,435 | -13.0% |
| Land Value | $617,143 | $617,143 | +0.0% |
| Improvement Value | $183,705 | $303,292 | -39.4% |
| Taxable Value | $800,848 | $920,435 | -13.0% |
| Total Tax 2026 = estimate |
~$16,389
Estimated
|
~$18,837
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $914,314 | $800,848 | -113,466 (-12.4%) |
| Taxable Value | $914,314 | $800,848 | -113,466 (-12.4%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $800,848 | $617,143 | $183,705 | — | $800,848 | $800,848 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $920,435 | $617,143 | $303,292 | — | $920,435 | $920,435 | ~$18,837 | Partial |
| 2024 | $1,303,525 | — | — | −$403,525 | $900,000 | $— | $21,893 | Verified |
| 2023 | $1,326,000 | — | — | −$376,000 | $950,000 | $— | $23,584 | Verified |
| 2022 | $660,400 | — | — | — | $950,000 ! | $— | $26,187 | Verified |
| 2021 | $431,300 | — | — | −$6,300 | $425,000 | $— | $14,375 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -0.7% | -0.7% | ~100% | Not available | Partial |
| 2025 | -16.7% | -16.7% | ~100% | Not available | Partial |
| 2024 | -20.3% | -20.3% | ~100% | 1.9800% | Verified |
| 2023 | +4.6% | +4.6% | ~100% | 1.7000% | Verified |
| 2022 | +100.8% ! | +100.8% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 3.3300% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +39.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -13.0% | +22.0% | +24.5% | +100.8% | 2023 | -29.4% | 2025 |
| Assessment Ratio | 100.0% | 97.2% | — | 143.9% | 2022 | 69.0% | 2024 |
| 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 |
$18,837 | $20,975 | ~$24,016 | $26,187 | 2022 | $14,375 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,112,491 | ~$1,012,479 | ~2.0139% | ~$20,391 | +20.9% |
| 2027 | ~$1,344,621 | ~$1,113,726 | ~1.9814% | ~$22,067 | +46.1% |
| 2028 | ~$1,625,187 | ~$1,225,099 | ~1.9488% | ~$23,875 | +76.6% |
| 2029 | ~$1,964,295 | ~$1,347,609 | ~1.9163% | ~$25,824 | +113.4% |
| 2030 | ~$2,374,161 | ~$1,482,370 | ~1.8837% | ~$27,924 | +157.9% |
| 2026 | ~$1,094,082 | ~$1,012,479 | ~2.0465% | ~$20,720 | +18.9% |
| 2027 | ~$1,300,490 | ~$1,113,726 | ~2.0465% | ~$22,792 | +41.3% |
| 2028 | ~$1,545,837 | ~$1,225,099 | ~2.0465% | ~$25,071 | +67.9% |
| 2029 | ~$1,837,472 | ~$1,347,609 | ~2.0465% | ~$27,579 | +99.6% |
| 2030 | ~$2,184,126 | ~$1,482,370 | ~2.0465% | ~$30,336 | +137.3% |
| 2026 | ~$1,130,900 | ~$1,012,479 | ~1.9977% | ~$20,226 | +22.9% |
| 2027 | ~$1,389,489 | ~$1,113,726 | ~1.9488% | ~$21,705 | +51.0% |
| 2028 | ~$1,707,207 | ~$1,225,099 | ~1.9000% | ~$23,277 | +85.5% |
| 2029 | ~$2,097,573 | ~$1,347,609 | ~1.8512% | ~$24,947 | +127.9% |
| 2030 | ~$2,577,200 | ~$1,482,370 | ~1.8024% | ~$26,718 | +180.0% |
In 2025, this property's market value of $920,435 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 | $920,435 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $1,303,525 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $1,326,000 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $660,400 | $506,618 | $615,058 | $906,429 | ↑ Above median | +39.1% |
| 2021 | $431,300 | $300,453 | $376,850 | $539,896 | ↑ Above median | 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.