3207 HARRIS PARK AVE TX 78705
| Owner | ASTRO PROPERTIES LTD |
|---|---|
| Parcel ID | 0215060304 |
| Short ID | 208738 |
| Type | Real |
| Use Code | 02 Duplex |
| Valuation | Cost |
| Improvement SF | 1,598 SF |
| Land SF | 7,109 SF |
| Acres | 0.163 |
| Year Built | 1932 |
| Legal | LOT 4 OLT 7 DIV C STARK SUBD |
| Neighborhood | Z64005 |
| Land | $544,403 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $544,403 |
| Improvement | $13,597 |
|---|---|
| Total Improvement | $13,597 |
| Market | $558,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $558,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $558,000 |
| Taxable Value | $558,000 |
|---|
Appreciation: Market value has risen +24.1% from $449,586 (2021) to $558,000 (2025), a CAGR of 5.5% over 4 years. This represents moderate, steady growth. 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 lagged 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 $11,419. 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 98% of market value ($544,403 land vs $13,597 improvements), about $77/SF of land. With value concentrated in the land under a ~94-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 $558,000, this parcel sits in the upper-middle (50th–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 +5.5% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $730,989 by 2030, with an estimated annual tax burden around $13,770. 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.
3 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 1,598 SF | ✓ |
| 011 | PORCH OPEN 1ST F | 85 SF | ✗ |
| 251 | BATHROOM | 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% | $5,162.62 | $5,162.62 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $2,924.01 | $2,924.01 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,097.22 | $2,097.22 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $658.57 | $658.57 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $576.97 | $576.97 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $11,419.39 | $11,419.39 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $685,350 | $558,000 | +22.8% |
| Assessed Value | $669,600 | $558,000 | +20.0% |
| Land Value | $525,952 | $544,403 | -3.4% |
| Improvement Value | $159,398 | $13,597 | +1072.3% |
| Taxable Value | $669,600 | $558,000 | +20.0% |
| HS Cap Loss | -$15,750 | — | |
| Total Tax 2026 = estimate |
~$13,703
Estimated
|
~$11,419
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $823,124 | $685,350 | -137,774 (-16.7%) |
| Taxable Value | $669,600 | $669,600 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $685,350 | $525,952 | $159,398 | −$15,750 | $669,600 | $669,600 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $558,000 | $544,403 | $13,597 | — | $558,000 | $558,000 | ~$11,419 | Partial |
| 2024 | $602,415 | — | — | — | $637,000 ! | $— | $12,624 | Verified |
| 2023 | $645,988 | — | — | −$295,988 | $350,000 | $— | $10,899 | Verified |
| 2022 | $502,800 | — | — | −$152,800 | $350,000 | $— | $12,758 | Verified |
| 2021 | $449,586 | — | — | −$124,586 | $325,000 | $— | $10,944 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +47.5% | +20.0% | 81.4% | Not available | Partial |
| 2025 | -12.4% | -12.4% | ~100% | Not available | Partial |
| 2024 | +5.7% | +5.7% | ~100% | 1.9800% | Verified |
| 2023 | -6.7% | -6.7% | ~100% | 1.8100% | Verified |
| 2022 | +28.5% | +28.5% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.4300% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +11.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +22.8% | +9.8% | +1.6% | +28.5% | 2023 | -7.4% | 2025 |
| Assessment Ratio | 97.7% | 83.2% | — | 105.7% | 2024 | 54.2% | 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 |
$11,419 | $11,729 | ~$12,801 | $12,758 | 2022 | $10,899 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$588,965 | ~$588,965 | ~2.0139% | ~$11,861 | +5.5% |
| 2027 | ~$621,649 | ~$621,649 | ~1.9814% | ~$12,317 | +11.4% |
| 2028 | ~$656,146 | ~$656,146 | ~1.9488% | ~$12,787 | +17.6% |
| 2029 | ~$692,557 | ~$692,557 | ~1.9163% | ~$13,271 | +24.1% |
| 2030 | ~$730,989 | ~$730,989 | ~1.8837% | ~$13,770 | +31.0% |
| 2026 | ~$577,805 | ~$577,805 | ~2.0465% | ~$11,825 | +3.5% |
| 2027 | ~$598,313 | ~$598,313 | ~2.0465% | ~$12,244 | +7.2% |
| 2028 | ~$619,549 | ~$619,549 | ~2.0465% | ~$12,679 | +11.0% |
| 2029 | ~$641,539 | ~$641,539 | ~2.0465% | ~$13,129 | +15.0% |
| 2030 | ~$664,309 | ~$664,309 | ~2.0465% | ~$13,595 | +19.1% |
| 2026 | ~$600,125 | ~$600,125 | ~1.9977% | ~$11,988 | +7.5% |
| 2027 | ~$645,430 | ~$645,430 | ~1.9488% | ~$12,578 | +15.7% |
| 2028 | ~$694,156 | ~$694,156 | ~1.9000% | ~$13,189 | +24.4% |
| 2029 | ~$746,560 | ~$746,560 | ~1.8512% | ~$13,820 | +33.8% |
| 2030 | ~$802,920 | ~$802,920 | ~1.8024% | ~$14,472 | +43.9% |
In 2025, this property's market value of $558,000 places it in the 50th–75th percentile for Multi-Family properties in Travis County (12584 comparable) — +7% 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 | $558,000 | $438,669 | $519,778 | $749,859 | ↑ Above median | -7.5% |
| 2024 | $602,415 | $467,458 | $564,615 | $848,565 | ↑ Above median | -6.3% |
| 2023 | $645,988 | $503,905 | $617,035 | $919,932 | ↑ Above median | +0.9% |
| 2022 | $502,800 | $506,618 | $615,058 | $906,429 | ↓ Bottom 25% | +39.1% |
| 2021 | $449,586 | $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.