1604 HARTFORD RD TX 78703
| Owner | LAREND HARTFORD PROPERTIES LLC |
|---|---|
| Parcel ID | 0113040511 |
| Short ID | 112738 |
| Type | Real |
| Use Code | 02 Duplex |
| Valuation | Cost |
| Improvement SF | 1,830 SF |
| Land SF | 6,129 SF |
| Acres | 0.141 |
| Year Built | 1932 |
| Legal | LOT 8 ENFIELD F |
| Neighborhood | Z320005 |
| Land | $695,569 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $695,569 |
| Improvement | $299,322 |
|---|---|
| Total Improvement | $299,322 |
| Market | $994,891 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $994,891 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $994,891 |
| Taxable Value | $994,891 |
|---|
Appreciation: Market value has risen +81.8% from $547,100 (2021) to $994,891 (2025), a CAGR of 16.1% 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 $20,360. 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 cost approach, tied more to replacement cost and physical condition than to income performance.
Value Composition: Land carries 70% of market value ($695,569 land vs $299,322 improvements), about $113/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $994,891, 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 +16.1% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,100,930 by 2030, with an estimated annual tax burden around $30,183. 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 | 1,830 SF | ✓ |
| 095 | HVAC RESIDENTIAL | 1,830 SF | ✗ |
| 011 | PORCH OPEN 1ST F | 96 SF | ✗ |
| 251 | BATHROOM | 2 SF | ✓ |
Market value changed by 109% 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% | $9,204.73 | $9,204.73 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $5,213.40 | $5,213.40 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,739.25 | $3,739.25 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,174.20 | $1,174.20 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,028.72 | $1,028.72 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $20,360.30 | $20,360.30 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $869,562 | $994,891 | -12.6% |
| Assessed Value | $869,562 | $994,891 | -12.6% |
| Land Value | $609,683 | $695,569 | -12.3% |
| Improvement Value | $259,879 | $299,322 | -13.2% |
| Taxable Value | $869,562 | $994,891 | -12.6% |
| Total Tax 2026 = estimate |
~$17,795
Estimated
|
~$20,360
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $901,101 | $869,562 | -31,539 (-3.5%) |
| Taxable Value | $901,101 | $869,562 | -31,539 (-3.5%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $869,562 | $609,683 | $259,879 | — | $869,562 | $869,562 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $994,891 | $695,569 | $299,322 | — | $994,891 | $994,891 | ~$20,360 | Partial |
| 2024 | $1,371,947 | — | — | −$696,947 | $675,000 | $— | $21,084 | Verified |
| 2023 | $1,497,938 | — | — | −$647,938 | $850,000 | $— | $24,822 | Verified |
| 2022 | $717,471 | — | — | — | $850,000 ! | $— | $29,583 | Verified |
| 2021 | $547,100 | — | — | −$37,100 | $510,000 | $— | $15,617 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -9.4% | -9.4% | ~100% | Not available | Partial |
| 2025 | -6.5% | -6.5% | ~100% | Not available | Partial |
| 2024 | -22.5% | -22.5% | ~100% | 1.9800% | Verified |
| 2023 | -8.4% | -8.4% | ~100% | 1.8100% | Verified |
| 2022 | +108.8% ! | +108.8% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.8500% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +38.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -12.6% | +18.3% | +19.5% | +108.8% | 2023 | -27.5% | 2025 |
| Assessment Ratio | 100.0% | 86.3% | — | 118.5% | 2022 | 49.2% | 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 |
$20,360 | $22,293 | ~$25,959 | $29,583 | 2022 | $15,617 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,155,321 | ~$1,094,380 | ~2.0139% | ~$22,040 | +16.1% |
| 2027 | ~$1,341,621 | ~$1,203,818 | ~1.9814% | ~$23,852 | +34.9% |
| 2028 | ~$1,557,963 | ~$1,324,200 | ~1.9488% | ~$25,807 | +56.6% |
| 2029 | ~$1,809,190 | ~$1,456,620 | ~1.9163% | ~$27,913 | +81.8% |
| 2030 | ~$2,100,930 | ~$1,602,282 | ~1.8837% | ~$30,183 | +111.2% |
| 2026 | ~$1,135,423 | ~$1,094,380 | ~2.0465% | ~$22,396 | +14.1% |
| 2027 | ~$1,295,806 | ~$1,203,818 | ~2.0465% | ~$24,636 | +30.2% |
| 2028 | ~$1,478,844 | ~$1,324,200 | ~2.0465% | ~$27,100 | +48.6% |
| 2029 | ~$1,687,737 | ~$1,456,620 | ~2.0465% | ~$29,810 | +69.6% |
| 2030 | ~$1,926,136 | ~$1,602,282 | ~2.0465% | ~$32,790 | +93.6% |
| 2026 | ~$1,175,219 | ~$1,094,380 | ~1.9977% | ~$21,862 | +18.1% |
| 2027 | ~$1,388,232 | ~$1,203,818 | ~1.9488% | ~$23,460 | +39.5% |
| 2028 | ~$1,639,854 | ~$1,324,200 | ~1.9000% | ~$25,160 | +64.8% |
| 2029 | ~$1,937,085 | ~$1,456,620 | ~1.8512% | ~$26,965 | +94.7% |
| 2030 | ~$2,288,189 | ~$1,602,282 | ~1.8024% | ~$28,879 | +130.0% |
In 2025, this property's market value of $994,891 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — +91% 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 | $994,891 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $1,371,947 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $1,497,938 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $717,471 | $506,618 | $615,058 | $906,429 | ↑ Above median | +39.1% |
| 2021 | $547,100 | $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.