3407 HILLVIEW RD TX 78703
| Owner | SCULLY LAUREN MICHELLE |
|---|---|
| Parcel ID | 0121040320 |
| Short ID | 120680 |
| Type | Real |
| Use Code | 02 Duplex |
| Valuation | Cost |
| Improvement SF | 2,124 SF |
| Land SF | 7,815 SF |
| Acres | 0.179 |
| Year Built | 1966 |
| Legal | LOT 6A-1 SHIERLOW ADDN |
| Neighborhood | XSMF1 |
| Land | $853,812 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $853,812 |
| Improvement | $229,602 |
|---|---|
| Total Improvement | $229,602 |
| Market | $1,083,414 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,083,414 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,083,414 |
| Exemptions (−) (HS) | −$130,010 |
|---|---|
| Taxable Value | $953,404 |
Appreciation: Market value has risen +44.3% from $750,600 (2021) to $1,083,414 (2025), a CAGR of 9.6% 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 $19,511. Austin ISD is the largest single contributor, at 44.7% 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 79% of market value ($853,812 land vs $229,602 improvements), about $109/SF of land. With value concentrated in the land under a ~60-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 $1,083,414, 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 +9.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,714,063 by 2030, with an estimated annual tax burden around $32,289. 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 | 2,124 SF | ✓ |
| 095 | HVAC RESIDENTIAL | 2,124 SF | ✗ |
| 061 | CARPORT ATT 1ST | 546 SF | ✗ |
| 011 | PORCH OPEN 1ST F | 138 SF | ✗ |
| 612 | TERRACE UNCOVERD | 45 SF | ✗ |
| 251 | BATHROOM | 2 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% | $8,728.47 | $8,728.47 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $4,996.00 | $4,996.00 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,583.32 | $3,583.32 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,125.24 | $1,125.24 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,113.53 | $1,113.53 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $19,546.56 | $19,546.56 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,060,000 | $1,083,414 | -2.2% |
| Assessed Value | $1,060,000 | $1,083,414 | -2.2% |
| Land Value | $1,067,265 | $853,812 | +25.0% |
| Improvement Value | — | $229,602 | — |
| Taxable Value | $932,800 | $953,404 | -2.2% |
| Exemptions | HS | HS | |
| Total Tax 2026 = estimate |
~$19,090
Estimated
|
~$19,547
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,060,000 | $1,060,000 | +0 (+0.0%) |
| Taxable Value | $932,800 | $932,800 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,060,000 | $1,067,265 | — | — | $1,060,000 | $932,800 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,083,414 | $853,812 | $229,602 | — | $1,083,414 | $953,404 | ~$19,547 | Partial |
| 2024 | $1,399,838 | — | — | −$612,338 | $787,500 | $— | $19,297 | Verified |
| 2023 | $1,399,838 | — | — | −$274,838 | $1,125,000 | $— | $23,008 | Verified |
| 2022 | $917,803 | — | — | — | $1,125,000 ! | $— | $27,646 | Verified |
| 2021 | $750,600 | — | — | −$200,600 | $550,000 | $— | $19,978 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -2.2% | -2.2% | ~100% | Not available | Partial |
| 2025 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2024 | -22.6% | -22.6% | ~100% | 1.7800% | Verified |
| 2023 | -7.2% | -7.2% | ~100% | 1.6400% | Verified |
| 2022 | +64.4% | +64.4% | ~100% | 1.8300% | Verified |
| 2021 | base year | — | ~100% | 2.6600% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +18.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -2.2% | +10.0% | +10.1% | +52.5% | 2023 | -22.6% | 2025 |
| Assessment Ratio | 100.0% | 88.8% | — | 122.6% | 2022 | 56.3% | 2024 |
| Effective Tax Rate (2025) | 1.8000% | 1.8000% | — | 1.8000% | 2025 | 1.8000% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$19,547 | $21,895 | ~$27,953 | $27,646 | 2022 | $19,297 | 2024 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,187,520 | ~$1,187,520 | ~2.0139% | ~$23,916 | +9.6% |
| 2027 | ~$1,301,630 | ~$1,301,630 | ~1.9814% | ~$25,790 | +20.1% |
| 2028 | ~$1,426,704 | ~$1,426,704 | ~1.9488% | ~$27,804 | +31.7% |
| 2029 | ~$1,563,797 | ~$1,563,797 | ~1.9163% | ~$29,967 | +44.3% |
| 2030 | ~$1,714,063 | ~$1,714,063 | ~1.8837% | ~$32,289 | +58.2% |
| 2026 | ~$1,165,852 | ~$1,165,852 | ~2.0465% | ~$23,859 | +7.6% |
| 2027 | ~$1,254,562 | ~$1,254,562 | ~2.0465% | ~$25,674 | +15.8% |
| 2028 | ~$1,350,023 | ~$1,350,023 | ~2.0465% | ~$27,628 | +24.6% |
| 2029 | ~$1,452,747 | ~$1,452,747 | ~2.0465% | ~$29,730 | +34.1% |
| 2030 | ~$1,563,287 | ~$1,563,287 | ~2.0465% | ~$31,992 | +44.3% |
| 2026 | ~$1,209,188 | ~$1,191,755 | ~1.9977% | ~$23,807 | +11.6% |
| 2027 | ~$1,349,564 | ~$1,310,931 | ~1.9488% | ~$25,548 | +24.6% |
| 2028 | ~$1,506,235 | ~$1,442,024 | ~1.9000% | ~$27,399 | +39.0% |
| 2029 | ~$1,681,095 | ~$1,586,226 | ~1.8512% | ~$29,364 | +55.2% |
| 2030 | ~$1,876,255 | ~$1,744,849 | ~1.8024% | ~$31,449 | +73.2% |
In 2025, this property's market value of $1,083,414 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — +108% 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 | $1,083,414 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $1,399,838 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $1,399,838 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $917,803 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $750,600 | $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.