2414 HARTFORD RD TX 78703
| Owner | DIRECTED TRUST COMPANY ETAL |
|---|---|
| Parcel ID | 0116030806 |
| Short ID | 115937 |
| Type | Real |
| Use Code | 02 Duplex |
| Valuation | Cost |
| Improvement SF | 2,142 SF |
| Land SF | 13,200 SF |
| Acres | 0.303 |
| Year Built | 1950 |
| Legal | E 84X155 FT AV OF LOT 6&7 BLK 33 PEMBERTON HEIGHTS SEC 10 |
| Neighborhood | Z320005 |
| Land | $463,167 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $463,167 |
| Improvement | $498,206 |
|---|---|
| Total Improvement | $498,206 |
| Market | $961,373 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $961,373 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $961,373 |
| Taxable Value | $961,373 |
|---|
Appreciation: Market value has risen +122.2% from $432,600 (2021) to $961,373 (2025), a CAGR of 22.1% 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 $19,674. 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 48% of market value ($463,167 land vs $498,206 improvements), about $35/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $961,373, 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 +22.1% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,608,547 by 2030, with an estimated annual tax burden around $29,166. 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.
7 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 2,142 SF | ✓ |
| 095 | HVAC RESIDENTIAL | 2,142 SF | ✗ |
| 051 | CARPORT DET 1ST | 600 SF | ✗ |
| 581 | STORAGE ATT | 180 SF | ✓ |
| 011 | PORCH OPEN 1ST F | 40 SF | ✗ |
| 612 | TERRACE UNCOVERD | 32 SF | ✗ |
| 251 | BATHROOM | 2 SF | ✓ |
Market value changed by 102% 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% | $8,894.62 | $8,894.62 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $5,037.76 | $5,037.76 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,613.27 | $3,613.27 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,134.64 | $1,134.64 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $994.06 | $994.06 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $19,674.35 | $19,674.35 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $730,000 | $961,373 | -24.1% |
| Assessed Value | $730,000 | $961,373 | -24.1% |
| Land Value | $378,875 | $463,167 | -18.2% |
| Improvement Value | $351,125 | $498,206 | -29.5% |
| Taxable Value | $730,000 | $961,373 | -24.1% |
| Total Tax 2026 = estimate |
~$14,939
Estimated
|
~$19,674
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $784,462 | $730,000 | -54,462 (-6.9%) |
| Taxable Value | $784,462 | $730,000 | -54,462 (-6.9%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $730,000 | $378,875 | $351,125 | — | $730,000 | $730,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $961,373 | $463,167 | $498,206 | — | $961,373 | $961,373 | ~$19,674 | Partial |
| 2024 | $1,201,217 | — | — | −$763,717 | $437,500 | $— | $20,105 | Verified |
| 2023 | $1,353,838 | — | — | −$881,338 | $472,500 | $— | $21,733 | Verified |
| 2022 | $670,100 | — | — | −$197,600 | $472,500 | $— | $26,737 | Verified |
| 2021 | $432,600 | — | — | −$78,225 | $354,375 | $— | $14,586 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -18.4% | -18.4% | ~100% | Not available | Partial |
| 2025 | -5.2% | -5.2% | ~100% | Not available | Partial |
| 2024 | -15.5% | -15.5% | ~100% | 1.9800% | Verified |
| 2023 | -11.3% | -11.3% | ~100% | 1.8100% | Verified |
| 2022 | +102.0% ! | +102.0% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 3.3700% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +43.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -24.1% | +20.3% | +29.8% | +102.0% | 2023 | -24.1% | 2026 |
| Assessment Ratio | 100.0% | 70.6% | — | 100.0% | 2025 | 34.9% | 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 |
$19,674 | $20,567 | ~$25,085 | $26,737 | 2022 | $14,586 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,173,798 | ~$1,057,510 | ~2.0139% | ~$21,298 | +22.1% |
| 2027 | ~$1,433,160 | ~$1,163,261 | ~1.9814% | ~$23,049 | +49.1% |
| 2028 | ~$1,749,830 | ~$1,279,587 | ~1.9488% | ~$24,937 | +82.0% |
| 2029 | ~$2,136,473 | ~$1,407,546 | ~1.9163% | ~$26,973 | +122.2% |
| 2030 | ~$2,608,547 | ~$1,548,301 | ~1.8837% | ~$29,166 | +171.3% |
| 2026 | ~$1,154,570 | ~$1,057,510 | ~2.0465% | ~$21,642 | +20.1% |
| 2027 | ~$1,386,592 | ~$1,163,261 | ~2.0465% | ~$23,806 | +44.2% |
| 2028 | ~$1,665,242 | ~$1,279,587 | ~2.0465% | ~$26,187 | +73.2% |
| 2029 | ~$1,999,888 | ~$1,407,546 | ~2.0465% | ~$28,805 | +108.0% |
| 2030 | ~$2,401,785 | ~$1,548,301 | ~2.0465% | ~$31,686 | +149.8% |
| 2026 | ~$1,193,025 | ~$1,057,510 | ~1.9977% | ~$21,125 | +24.1% |
| 2027 | ~$1,480,496 | ~$1,163,261 | ~1.9488% | ~$22,670 | +54.0% |
| 2028 | ~$1,837,236 | ~$1,279,587 | ~1.9000% | ~$24,312 | +91.1% |
| 2029 | ~$2,279,936 | ~$1,407,546 | ~1.8512% | ~$26,056 | +137.2% |
| 2030 | ~$2,829,309 | ~$1,548,301 | ~1.8024% | ~$27,906 | +194.3% |
In 2025, this property's market value of $961,373 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — +85% 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 | $961,373 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $1,201,217 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $1,353,838 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $670,100 | $506,618 | $615,058 | $906,429 | ↑ Above median | +39.1% |
| 2021 | $432,600 | $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.