3404 EXPOSITION BLVD AUSTIN, TX 78703
| Owner | HALL VIRGINIA ANNE |
|---|---|
| Parcel ID | 0121040303 |
| Short ID | 120665 |
| Type | Real |
| Use Code | 02 Duplex |
| Valuation | Cost |
| Improvement SF | 1,409 SF |
| Land SF | 15,040 SF |
| Acres | 0.345 |
| Year Built | 1949 |
| Legal | S50FT OF LOT 5 MONT-DALE |
| Neighborhood | XSMF1 |
| Land | $1,011,394 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,011,394 |
| Improvement | $181,679 |
|---|---|
| Total Improvement | $181,679 |
| Market | $1,193,073 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,193,073 |
| Value Limitation Adjustment (−) (homestead cap) | −$172,182 |
| Net Appraised (assessed) | $1,020,891 |
| Exemptions (−) (HS,OV65) | −$347,398 |
|---|---|
| Taxable Value | $673,493 |
Appreciation: Market value has risen +88.2% from $633,894 (2021) to $1,193,073 (2025), a CAGR of 17.1% 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 $13,783. City of Austin is the largest single contributor, at 38.5% of the total 2025 levy.
Assessment Gap: Assessed value ($1,020,891) is $172,182 below market value, suggesting potential for an upward assessment in future years.
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 85% of market value ($1,011,394 land vs $181,679 improvements), about $67/SF of land. With value concentrated in the land under a ~77-year-old structure, this reads as a land-dominated asset — the classic higher-and-best-use / redevelopment signal. Underwrite the dirt, not the building.
Submarket Position: At $1,193,073, 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 +17.1% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,630,147 by 2030, with an estimated annual tax burden around $30,972. 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.
6 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 1,409 SF | ✓ |
| 095 | HVAC RESIDENTIAL | 1,409 SF | ✗ |
| 612 | TERRACE UNCOVERD | 571 SF | ✗ |
| 031 | GARAGE DET 1ST F | 400 SF | ✓ |
| 251 | BATHROOM | 2 SF | ✓ |
| 522 | FIREPLACE | 2 SF | ✓ |
| Entity | 2024 Rate | 2025 Rate | Rate Effect |
|---|---|---|---|
| City of Austin | 0.4776% | 0.5240% | +290 |
| Travis County | 0.3444% | 0.3758% | +211 |
| Travis Central Health | 0.1080% | 0.1180% | +63 |
| Austin ISD | 0.9505% | 0.9252% | -39 |
| Austin Community College | 0.1013% | 0.1034% | +11 |
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 |
|---|---|---|---|---|---|---|---|---|---|
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $3,273.60 | $191.17 | $3,082.43 |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,531.29 | $147.80 | $2,383.49 |
| IAU Austin ISD | 1.0617% | 0.9966% | 0.8595% | 0.9505% | 0.9252% | -0.0253% | $1,414.55 | $82.57 | $1,331.98 |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $745.33 | $43.53 | $701.80 |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $534.80 | $31.22 | $503.58 |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $8,499.57 | $496.29 | $8,003.28 |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,193,073 | $1,193,073 | +0.0% |
| Assessed Value | $1,122,980 | $1,020,891 | +10.0% |
| Land Value | $1,264,243 | $1,011,394 | +25.0% |
| Improvement Value | — | $181,679 | — |
| Taxable Value | $753,115 | $673,493 | +11.8% |
| Exemptions | HS,OV65 | HS,OV65 | |
| HS Cap Loss | -$70,093 | — | |
| Total Tax 2026 = estimate |
~$15,412
Estimated
|
$8,500 | ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,193,073 | $1,193,073 | +0 (+0.0%) |
| Taxable Value | $755,164 | $753,115 | -2,049 (-0.3%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,193,073 | $1,264,243 | — | −$70,093 | $1,122,980 | $753,115 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,193,073 | $1,011,394 | $181,679 | −$172,182 | $1,020,891 | $673,493 | $8,500 | Verified |
| 2024 | $1,372,174 | — | — | −$655,549 | $716,625 | $— | $8,516 | Verified |
| 2023 | $1,347,285 | — | — | −$323,535 | $1,023,750 | $— | $7,672 | Verified |
| 2022 | $779,523 | — | — | — | $1,023,750 ! | $— | $10,203 | Verified |
| 2021 | $633,894 | — | — | −$133,394 | $500,500 | $— | $10,342 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.0% | +10.0% | 94.1% | Not available | Partial |
| 2025 | +25.5% | +10.0% | 85.6% | 0.7100% | Verified |
| 2024 | -30.7% | +10.0% | 97.7% | 0.9000% | Verified |
| 2023 | +1.8% | +10.0% | 61.5% | 0.5600% | Verified |
| 2022 | +72.8% | +10.0% | 56.9% | 0.7600% | Verified |
| 2021 | base year | — | 89.4% | 1.6300% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +53.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +16.9% | +17.1% | +72.8% | 2023 | -13.1% | 2025 |
| Assessment Ratio | 94.1% | 86.4% | — | 131.3% | 2022 | 52.2% | 2024 |
| Effective Tax Rate (2025) | 0.7100% | 0.7100% | — | 0.7100% | 2025 | 0.7100% | 2025 |
| Tax Amount | $8,500 | $9,046 | ~$26,638 | $10,342 | 2021 | $7,672 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,397,429 | ~$1,122,980 | ~2.0139% | ~$22,616 | +17.1% |
| 2027 | ~$1,636,787 | ~$1,235,278 | ~1.9814% | ~$24,476 | +37.2% |
| 2028 | ~$1,917,144 | ~$1,358,806 | ~1.9488% | ~$26,481 | +60.7% |
| 2029 | ~$2,245,522 | ~$1,494,687 | ~1.9163% | ~$28,643 | +88.2% |
| 2030 | ~$2,630,147 | ~$1,644,155 | ~1.8837% | ~$30,972 | +120.5% |
| 2026 | ~$1,373,567 | ~$1,122,980 | ~2.0465% | ~$22,982 | +15.1% |
| 2027 | ~$1,581,367 | ~$1,235,278 | ~2.0465% | ~$25,280 | +32.5% |
| 2028 | ~$1,820,604 | ~$1,358,806 | ~2.0465% | ~$27,808 | +52.6% |
| 2029 | ~$2,096,035 | ~$1,494,687 | ~2.0465% | ~$30,589 | +75.7% |
| 2030 | ~$2,413,133 | ~$1,644,155 | ~2.0465% | ~$33,647 | +102.3% |
| 2026 | ~$1,421,290 | ~$1,122,980 | ~1.9977% | ~$22,433 | +19.1% |
| 2027 | ~$1,693,162 | ~$1,235,278 | ~1.9488% | ~$24,074 | +41.9% |
| 2028 | ~$2,017,038 | ~$1,358,806 | ~1.9000% | ~$25,818 | +69.1% |
| 2029 | ~$2,402,867 | ~$1,494,687 | ~1.8512% | ~$27,670 | +101.4% |
| 2030 | ~$2,862,500 | ~$1,644,155 | ~1.8024% | ~$29,634 | +139.9% |
In 2025, this property's market value of $1,193,073 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — +130% 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 | $1,193,073 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $1,372,174 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $1,347,285 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $779,523 | $506,618 | $615,058 | $906,429 | ↑ Above median | +39.1% |
| 2021 | $633,894 | $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.