2514 HARTFORD RD TX 78703
| Owner | WARE ALAN |
|---|---|
| Parcel ID | 0117020414 |
| Short ID | 116550 |
| Type | Real |
| Use Code | 02 Duplex |
| Valuation | Cost |
| Improvement SF | 4,000 SF |
| Land SF | 11,025 SF |
| Acres | 0.253 |
| Year Built | 1962 |
| Legal | LOT 2 BLK 34 *LESS S 6 FT PEMBERTON HEIGHTS SEC 10 |
| Neighborhood | Z320005 |
| Land | $437,791 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $437,791 |
| Improvement | $692,565 |
|---|---|
| Total Improvement | $692,565 |
| Market | $1,130,356 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,130,356 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,130,356 |
| Taxable Value | $1,130,356 |
|---|
Appreciation: Market value has risen +137.1% from $476,662 (2021) to $1,130,356 (2025), a CAGR of 24.1% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2021→2022), 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 $23,133. 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 39% of market value ($437,791 land vs $692,565 improvements), about $40/SF of land. Most value sits in the improvements, so building condition, age (~64 yrs), and rent roll drive the underwriting.
Submarket Position: At $1,130,356, 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 +24.1% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $3,326,374 by 2030, with an estimated annual tax burden around $34,293. 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 |
|---|---|---|---|
| 095 | HVAC RESIDENTIAL | 4,000 SF | ✗ |
| 1ST | 1st Floor | 2,199 SF | ✓ |
| 2ND | 2nd Floor | 1,801 SF | ✓ |
| 051 | CARPORT DET 1ST | 845 SF | ✗ |
| 612 | TERRACE UNCOVERD | 273 SF | ✗ |
| 571 | STORAGE DET | 80 SF | ✓ |
| 581 | STORAGE ATT | 76 SF | ✓ |
| 252 | BEDROOMS | 9 SF | ✓ |
| 251 | BATHROOM | 6 SF | ✓ |
| 522 | FIREPLACE | 2 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% | $10,458.05 | $10,458.05 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $5,923.26 | $5,923.26 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $4,248.39 | $4,248.39 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,334.08 | $1,334.08 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,168.79 | $1,168.79 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $23,132.57 | $23,132.57 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $903,000 | $1,130,356 | -20.1% |
| Assessed Value | $903,000 | $1,130,356 | -20.1% |
| Land Value | $350,327 | $437,791 | -20.0% |
| Improvement Value | $552,673 | $692,565 | -20.2% |
| Taxable Value | $903,000 | $1,130,356 | -20.1% |
| Total Tax 2026 = estimate |
~$18,480
Estimated
|
~$23,133
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $903,000 | $903,000 | +0 (+0.0%) |
| Taxable Value | $903,000 | $903,000 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $903,000 | $350,327 | $552,673 | — | $903,000 | $903,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,130,356 | $437,791 | $692,565 | — | $1,130,356 | $1,130,356 | ~$23,133 | Partial |
| 2024 | $1,300,000 | — | — | −$862,500 | $437,500 | $— | $26,458 | Verified |
| 2023 | $1,291,844 | — | — | −$479,344 | $812,500 | $— | $23,520 | Verified |
| 2022 | $1,017,200 | — | — | −$204,700 | $812,500 | $— | $25,513 | Verified |
| 2021 | $476,662 | — | — | — | $609,375 ! | $— | $22,141 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -20.1% | -20.1% | ~100% | Not available | Partial |
| 2025 | -15.3% | -15.3% | ~100% | Not available | Partial |
| 2024 | +2.7% | +2.7% | ~100% | 1.9800% | Verified |
| 2023 | +0.6% | +0.6% | ~100% | 1.8100% | Verified |
| 2022 | +27.0% | +27.0% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 4.6500% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +11.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -20.1% | +21.6% | +30.3% | +113.4% | 2022 | -20.1% | 2026 |
| Assessment Ratio | 100.0% | 84.0% | — | 127.8% | 2021 | 33.7% | 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 |
$23,133 | $24,153 | ~$29,494 | $26,458 | 2024 | $22,141 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,402,705 | ~$1,243,392 | ~2.0139% | ~$25,041 | +24.1% |
| 2027 | ~$1,740,675 | ~$1,367,731 | ~1.9814% | ~$27,100 | +54.0% |
| 2028 | ~$2,160,075 | ~$1,504,504 | ~1.9488% | ~$29,320 | +91.1% |
| 2029 | ~$2,680,526 | ~$1,654,954 | ~1.9163% | ~$31,714 | +137.1% |
| 2030 | ~$3,326,374 | ~$1,820,450 | ~1.8837% | ~$34,293 | +194.3% |
| 2026 | ~$1,380,098 | ~$1,243,392 | ~2.0465% | ~$25,446 | +22.1% |
| 2027 | ~$1,685,019 | ~$1,367,731 | ~2.0465% | ~$27,990 | +49.1% |
| 2028 | ~$2,057,308 | ~$1,504,504 | ~2.0465% | ~$30,789 | +82.0% |
| 2029 | ~$2,511,853 | ~$1,654,954 | ~2.0465% | ~$33,868 | +122.2% |
| 2030 | ~$3,066,824 | ~$1,820,450 | ~2.0465% | ~$37,255 | +171.3% |
| 2026 | ~$1,425,312 | ~$1,243,392 | ~1.9977% | ~$24,839 | +26.1% |
| 2027 | ~$1,797,235 | ~$1,367,731 | ~1.9488% | ~$26,655 | +59.0% |
| 2028 | ~$2,266,208 | ~$1,504,504 | ~1.9000% | ~$28,586 | +100.5% |
| 2029 | ~$2,857,554 | ~$1,654,954 | ~1.8512% | ~$30,636 | +152.8% |
| 2030 | ~$3,603,208 | ~$1,820,450 | ~1.8024% | ~$32,811 | +218.8% |
In 2025, this property's market value of $1,130,356 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — +117% 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 | $1,130,356 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $1,300,000 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $1,291,844 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $1,017,200 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $476,662 | $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.