700 HEARN ST TX 78703
| Owner | FENTON DEEP EDDY FLATS LLC |
|---|---|
| Parcel ID | 0110061413 |
| Short ID | 109577 |
| Type | Real |
| Use Code | 06 Apartment 26–49 Units |
| Valuation | Income |
| Improvement SF | 17,120 SF |
| Land SF | 20,103 SF |
| Acres | 0.462 |
| Year Built | 1960 |
| Legal | LOT 1-2 & PART OF LOT 26 BLK A TIMBERLAKE ADDN |
| Neighborhood | 06CEN |
| Land | $2,010,294 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,010,294 |
| Improvement | $4,152,906 |
|---|---|
| Total Improvement | $4,152,906 |
| Market | $6,163,200 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $6,163,200 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $6,163,200 |
| Taxable Value | $6,163,200 |
|---|
Appreciation: Market value has risen +33.3% from $4,622,400 (2021) to $6,163,200 (2025), a CAGR of 7.5% over 4 years. This represents moderate, steady growth. Growth has been fairly evenly spread across these years rather than concentrated in one jump. Over the same span, the median Multi-Family parcel countywide rose +37.9%, 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 $126,129. 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 33% of market value ($2,010,294 land vs $4,152,906 improvements), about $100/SF of land. Most value sits in the improvements, so building condition, age (~66 yrs), and rent roll drive the underwriting.
Submarket Position: At $6,163,200, 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 +7.5% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $8,830,386 by 2030, with an estimated annual tax burden around $166,342. 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.
10 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 074 | OBS HEAT CENTRAL | 16,392 SF | ✓ |
| 1ST | 1st Floor | 8,560 SF | ✓ |
| 2ND | 2nd Floor | 8,560 SF | ✓ |
| 551 | PAVED AREA | 6,660 SF | ✗ |
| 012C | PORCH OPEN 2 COMM | 822 SF | ✗ |
| 611 | TERRACE | 670 SF | ✗ |
| 011C | PORCH OPEN 1ST COMM | 174 SF | ✗ |
| 571C | STORAGE DET COMM | 120 SF | ✓ |
| 132 | PLBG 5-FIXT AVG | 1 SF | ✓ |
| 303 | STAIRWAYS FV | 1 SF | ✓ |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| 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% | $57,021.93 | $57,021.93 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $32,296.22 | $32,296.22 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $23,164.08 | $23,164.08 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $7,273.99 | $7,273.99 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $6,372.75 | $6,372.75 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $126,128.97 | $126,128.97 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $6,200,000 | $6,163,200 | +0.6% |
| Assessed Value | $6,200,000 | $6,163,200 | +0.6% |
| Land Value | $2,010,294 | $2,010,294 | +0.0% |
| Improvement Value | $4,189,706 | $4,152,906 | +0.9% |
| Taxable Value | $6,200,000 | $6,163,200 | +0.6% |
| Total Tax 2026 = estimate |
~$126,882
Estimated
|
~$126,129
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $6,200,000 | $6,200,000 | +0 (+0.0%) |
| Taxable Value | $6,200,000 | $6,200,000 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $6,200,000 | $2,010,294 | $4,189,706 | — | $6,200,000 | $6,200,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $6,163,200 | $2,010,294 | $4,152,906 | — | $6,163,200 | $6,163,200 | ~$126,129 | Partial |
| 2024 | $5,392,800 | — | — | −$3,382,506 | $2,010,294 | $— | $108,436 | Verified |
| 2023 | $4,964,800 | — | — | −$2,954,506 | $2,010,294 | $— | $97,569 | Verified |
| 2022 | $4,622,400 | — | — | −$2,913,650 | $1,708,750 | $— | $98,051 | Verified |
| 2021 | $4,622,400 | — | — | −$2,913,650 | $1,708,750 | $— | $100,615 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.6% | +0.6% | ~100% | Not available | Partial |
| 2025 | +12.6% | +12.6% | ~100% | Not available | Partial |
| 2024 | +1.5% | +1.5% | ~100% | 1.9800% | Verified |
| 2023 | +8.6% | +8.6% | ~100% | 1.8100% | Verified |
| 2022 | +7.4% | +7.4% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +33.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.6% | +6.2% | +7.3% | +14.3% | 2025 | +0.0% | 2022 |
| Assessment Ratio | 100.0% | 58.6% | — | 100.0% | 2025 | 37.0% | 2021 |
| 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 |
$126,129 | $106,160 | ~$149,447 | $126,129 | 2025 | $97,569 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$6,622,789 | ~$6,622,789 | ~2.0139% | ~$133,379 | +7.5% |
| 2027 | ~$7,116,650 | ~$7,116,650 | ~1.9814% | ~$141,008 | +15.5% |
| 2028 | ~$7,647,338 | ~$7,647,338 | ~1.9488% | ~$149,034 | +24.1% |
| 2029 | ~$8,217,600 | ~$8,217,600 | ~1.9163% | ~$157,473 | +33.3% |
| 2030 | ~$8,830,386 | ~$8,830,386 | ~1.8837% | ~$166,342 | +43.3% |
| 2026 | ~$6,499,525 | ~$6,499,525 | ~2.0465% | ~$133,012 | +5.5% |
| 2027 | ~$6,854,204 | ~$6,854,204 | ~2.0465% | ~$140,270 | +11.2% |
| 2028 | ~$7,228,238 | ~$7,228,238 | ~2.0465% | ~$147,925 | +17.3% |
| 2029 | ~$7,622,682 | ~$7,622,682 | ~2.0465% | ~$155,997 | +23.7% |
| 2030 | ~$8,038,651 | ~$8,038,651 | ~2.0465% | ~$164,510 | +30.4% |
| 2026 | ~$6,746,053 | ~$6,746,053 | ~1.9977% | ~$134,763 | +9.5% |
| 2027 | ~$7,384,027 | ~$7,384,027 | ~1.9488% | ~$143,903 | +19.8% |
| 2028 | ~$8,082,334 | ~$8,082,334 | ~1.9000% | ~$153,566 | +31.1% |
| 2029 | ~$8,846,680 | ~$8,846,680 | ~1.8512% | ~$163,769 | +43.5% |
| 2030 | ~$9,683,310 | ~$9,683,310 | ~1.8024% | ~$174,529 | +57.1% |
In 2025, this property's market value of $6,163,200 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 12× 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 | $6,163,200 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $5,392,800 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $4,964,800 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $4,622,400 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $4,622,400 | $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.