3400 HARMON AVE TX 78705
| Owner | CWS BERKELEY LP |
|---|---|
| Parcel ID | 0215080167 |
| Short ID | 771775 |
| Type | Real |
| Use Code | 08 Apartment 100+ Units |
| Valuation | Income |
| Improvement SF | 133,950 SF |
| Land SF | 111,731 SF |
| Acres | 2.565 |
| Year Built | 2013 |
| Legal | LOT 7 BLK A EAST AVENUE SUBD |
| Neighborhood | 08WC2 |
| Land | $13,966,425 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $13,966,425 |
| Improvement | $55,033,575 |
|---|---|
| Total Improvement | $55,033,575 |
| Market | $69,000,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $69,000,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $69,000,000 |
| Taxable Value | $69,000,000 |
|---|
Appreciation: Market value has risen +0.6% from $68,600,000 (2021) to $69,000,000 (2025), a CAGR of 0.1% over 4 years. Growth has been relatively flat for this asset class. 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 $1,412,075. 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 income approach, so changes in rent roll or occupancy move the appraisal more directly than they would for a cost-approach property.
Value Composition: Land carries 20% of market value ($13,966,425 land vs $55,033,575 improvements), about $125/SF of land. Most value sits in the improvements, so building condition, age (~13 yrs), and rent roll drive the underwriting.
Submarket Position: At $69,000,000, 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 +0.1% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $69,503,281 by 2030, with an estimated annual tax burden around $1,309,263. 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 |
|---|---|---|---|
| 187 | PARKING GARAGE | 63,000 SF | ✓ |
| 3RD | 3rd Floor | 61,347 SF | ✓ |
| 2ND | 2nd Floor | 57,160 SF | ✓ |
| 4TH | 4th Floor | 55,976 SF | ✓ |
| 5TH | 5th Floor | 55,976 SF | ✓ |
| 1ST | 1st Floor | 15,443 SF | ✓ |
| MISC | Miscellaneous | 5,500 SF | ✓ |
| 601 | POOL COMM'L | 2,000 SF | ✗ |
| 132 | PLBG 5-FIXT AVG | 1 SF | ✓ |
| 276 | ELEVATOR COM PAS | 1 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% | $612,852.48 | $612,852.48 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $347,108.86 | $347,108.86 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $248,959.73 | $248,959.73 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $78,178.44 | $78,178.44 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $68,492.16 | $68,492.16 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $1,355,591.67 | $1,355,591.67 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $65,896,227 | $69,000,000 | -4.5% |
| Assessed Value | $65,896,227 | $69,000,000 | -4.5% |
| Land Value | $13,966,425 | $13,966,425 | +0.0% |
| Improvement Value | $51,929,802 | $55,033,575 | -5.6% |
| Taxable Value | $65,896,227 | $69,000,000 | -4.5% |
| Total Tax 2026 = estimate |
~$1,348,556
Estimated
|
~$1,355,592
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $65,896,227 | $65,896,227 | +0 (+0.0%) |
| Taxable Value | $65,896,227 | $65,896,227 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $65,896,227 | $13,966,425 | $51,929,802 | — | $65,896,227 | $65,896,227 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $69,000,000 | $13,966,425 | $55,033,575 | — | $69,000,000 | $69,000,000 | ~$1,355,592 | Partial |
| 2024 | $80,000,000 | — | — | −$66,033,575 | $13,966,425 | $— | $1,351,797 | Verified |
| 2023 | $79,500,000 | — | — | −$65,533,575 | $13,966,425 | $— | $1,366,997 | Verified |
| 2022 | $67,600,000 | — | — | −$53,633,575 | $13,966,425 | $— | $1,481,881 | Verified |
| 2021 | $68,600,000 | — | — | −$54,633,575 | $13,966,425 | $— | $1,417,566 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -4.5% | -4.5% | ~100% | Not available | Partial |
| 2025 | -4.3% | -4.3% | ~100% | Not available | Partial |
| 2024 | -10.5% | -10.5% | ~100% | 1.8700% | Verified |
| 2023 | +1.4% | +1.4% | ~100% | 1.7000% | Verified |
| 2022 | +17.6% | +17.6% | ~100% | 1.8600% | Verified |
| 2021 | base year | — | ~100% | 2.0700% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +2.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -4.5% | -0.3% | +1.1% | +17.6% | 2023 | -13.8% | 2025 |
| Assessment Ratio | 100.0% | 46.0% | — | 100.0% | 2025 | 17.5% | 2024 |
| Effective Tax Rate (2025) | 1.9600% | 1.9600% | — | 1.9600% | 2025 | 1.9600% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$1,355,592 | $1,394,767 | ~$1,350,513 | $1,481,881 | 2022 | $1,351,797 | 2024 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$69,100,364 | ~$69,100,364 | ~2.0139% | ~$1,391,637 | +0.1% |
| 2027 | ~$69,200,874 | ~$69,200,874 | ~1.9814% | ~$1,371,138 | +0.3% |
| 2028 | ~$69,301,530 | ~$69,301,530 | ~1.9488% | ~$1,350,576 | +0.4% |
| 2029 | ~$69,402,332 | ~$69,402,332 | ~1.9163% | ~$1,329,951 | +0.6% |
| 2030 | ~$69,503,281 | ~$69,503,281 | ~1.8837% | ~$1,309,263 | +0.7% |
| 2026 | ~$67,720,364 | ~$67,720,364 | ~2.0465% | ~$1,385,887 | -1.9% |
| 2027 | ~$66,464,459 | ~$66,464,459 | ~2.0465% | ~$1,360,185 | -3.7% |
| 2028 | ~$65,231,846 | ~$65,231,846 | ~2.0465% | ~$1,334,960 | -5.5% |
| 2029 | ~$64,022,092 | ~$64,022,092 | ~2.0465% | ~$1,310,203 | -7.2% |
| 2030 | ~$62,834,773 | ~$62,834,773 | ~2.0465% | ~$1,285,904 | -8.9% |
| 2026 | ~$70,480,364 | ~$70,480,364 | ~1.9977% | ~$1,407,960 | +2.1% |
| 2027 | ~$71,992,488 | ~$71,992,488 | ~1.9488% | ~$1,403,018 | +4.3% |
| 2028 | ~$73,537,055 | ~$73,537,055 | ~1.9000% | ~$1,397,216 | +6.6% |
| 2029 | ~$75,114,759 | ~$75,114,759 | ~1.8512% | ~$1,390,520 | +8.9% |
| 2030 | ~$76,726,312 | ~$76,726,312 | ~1.8024% | ~$1,382,893 | +11.2% |
In 2025, this property's market value of $69,000,000 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 133× 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 | $69,000,000 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $80,000,000 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $79,500,000 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $67,600,000 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $68,600,000 | $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.