3415 HOLLYWOOD AVE TX 78722
| Owner | VANCE BRIAN LLC |
|---|---|
| Parcel ID | 0215090514 |
| Short ID | 209182 |
| Type | Real |
| Use Code | 03 Triplex |
| Valuation | Income |
| Improvement SF | 1,832 SF |
| Land SF | 5,251 SF |
| Acres | 0.121 |
| Year Built | 1947 |
| Legal | LOT 15 BLK 5 OLT 29 DIV C UNIVERSITY PARK SUBD |
| Neighborhood | D2005 |
| Land | $340,030 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $340,030 |
| Improvement | $119,398 |
|---|---|
| Total Improvement | $119,398 |
| Market | $459,428 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $459,428 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $459,428 |
| Taxable Value | $459,428 |
|---|
Appreciation: Market value has risen +20.9% from $380,000 (2021) to $459,428 (2025), a CAGR of 4.9% 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 $9,402. 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 74% of market value ($340,030 land vs $119,398 improvements), about $65/SF of land. With value concentrated in the land under a ~79-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 $459,428, this parcel sits in the lower-middle (25th–50th 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 +4.9% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $582,452 by 2030, with an estimated annual tax burden around $10,972. 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.
3 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 1,832 SF | ✓ |
| 011 | PORCH OPEN 1ST F | 18 SF | ✗ |
| 251 | BATHROOM | 3 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% | $4,250.63 | $4,250.63 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $2,407.48 | $2,407.48 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,726.74 | $1,726.74 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $542.23 | $542.23 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $475.05 | $475.05 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $9,402.13 | $9,402.13 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $375,000 | $459,428 | -18.4% |
| Assessed Value | $375,000 | $459,428 | -18.4% |
| Land Value | $218,591 | $340,030 | -35.7% |
| Improvement Value | $156,409 | $119,398 | +31.0% |
| Taxable Value | $375,000 | $459,428 | -18.4% |
| Total Tax 2026 = estimate |
~$7,674
Estimated
|
~$9,402
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $411,358 | $375,000 | -36,358 (-8.8%) |
| Taxable Value | $411,358 | $375,000 | -36,358 (-8.8%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $375,000 | $218,591 | $156,409 | — | $375,000 | $375,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $459,428 | $340,030 | $119,398 | — | $459,428 | $459,428 | ~$9,402 | Partial |
| 2024 | $595,495 | — | — | −$170,495 | $425,000 | $— | $11,485 | Verified |
| 2023 | $612,741 | — | — | −$187,741 | $425,000 | $— | $10,774 | Verified |
| 2022 | $418,500 | — | — | — | $425,000 ! | $— | $12,101 | Verified |
| 2021 | $380,000 | — | — | −$105,000 | $275,000 | $— | $9,109 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -10.5% | -10.5% | ~100% | Not available | Partial |
| 2025 | -20.7% | -20.7% | ~100% | Not available | Partial |
| 2024 | -2.7% | -2.7% | ~100% | 1.9800% | Verified |
| 2023 | -2.8% | -2.8% | ~100% | 1.8100% | Verified |
| 2022 | +45.6% | +45.6% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.4000% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +9.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -18.4% | +2.5% | +9.6% | +46.4% | 2023 | -22.8% | 2025 |
| Assessment Ratio | 100.0% | 85.8% | — | 101.6% | 2022 | 69.4% | 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 |
$9,402 | $10,574 | ~$10,330 | $12,101 | 2022 | $9,109 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$481,755 | ~$481,755 | ~2.0139% | ~$9,702 | +4.9% |
| 2027 | ~$505,166 | ~$505,166 | ~1.9814% | ~$10,009 | +10.0% |
| 2028 | ~$529,716 | ~$529,716 | ~1.9488% | ~$10,323 | +15.3% |
| 2029 | ~$555,458 | ~$555,458 | ~1.9163% | ~$10,644 | +20.9% |
| 2030 | ~$582,452 | ~$582,452 | ~1.8837% | ~$10,972 | +26.8% |
| 2026 | ~$472,566 | ~$472,566 | ~2.0465% | ~$9,671 | +2.9% |
| 2027 | ~$486,080 | ~$486,080 | ~2.0465% | ~$9,948 | +5.8% |
| 2028 | ~$499,980 | ~$499,980 | ~2.0465% | ~$10,232 | +8.8% |
| 2029 | ~$514,278 | ~$514,278 | ~2.0465% | ~$10,525 | +11.9% |
| 2030 | ~$528,985 | ~$528,985 | ~2.0465% | ~$10,826 | +15.1% |
| 2026 | ~$490,943 | ~$490,943 | ~1.9977% | ~$9,807 | +6.9% |
| 2027 | ~$524,620 | ~$524,620 | ~1.9488% | ~$10,224 | +14.2% |
| 2028 | ~$560,607 | ~$560,607 | ~1.9000% | ~$10,652 | +22.0% |
| 2029 | ~$599,063 | ~$599,063 | ~1.8512% | ~$11,090 | +30.4% |
| 2030 | ~$640,157 | ~$640,157 | ~1.8024% | ~$11,538 | +39.3% |
In 2025, this property's market value of $459,428 places it in the 25th–50th percentile for Multi-Family properties in Travis County (12584 comparable) — -12% below 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 | $459,428 | $438,669 | $519,778 | $749,859 | ↓ Below median | -7.5% |
| 2024 | $595,495 | $467,458 | $564,615 | $848,565 | ↑ Above median | -6.3% |
| 2023 | $612,741 | $503,905 | $617,035 | $919,932 | ↓ Below median | +0.9% |
| 2022 | $418,500 | $506,618 | $615,058 | $906,429 | ↓ Bottom 25% | +39.1% |
| 2021 | $380,000 | $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.