3010 HEMPHILL PARK TX 78705
| Owner | DOBBINS TIMOTHY DALE |
|---|---|
| Parcel ID | 0216040906 |
| Short ID | 210340 |
| Type | Real |
| Use Code | 04 Fourplex |
| Valuation | Income |
| Improvement SF | 3,128 SF |
| Land SF | 10,210 SF |
| Acres | 0.234 |
| Year Built | 1952 |
| Legal | LOT 8-9 BLK 9 OLT 73 DIV D FRUTH ADDN |
| Neighborhood | Z50005 |
| Land | $693,513 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $693,513 |
| Improvement | $336,558 |
|---|---|
| Total Improvement | $336,558 |
| Market | $1,030,071 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,030,071 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,030,071 |
| Taxable Value | $1,030,071 |
|---|
Appreciation: Market value has risen +40.4% from $733,700 (2021) to $1,030,071 (2025), a CAGR of 8.9% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2021→2022), 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 $21,080. 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 67% of market value ($693,513 land vs $336,558 improvements), about $68/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $1,030,071, 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 +8.8% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,574,175 by 2030, with an estimated annual tax burden around $29,653. 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 |
|---|---|---|---|
| 095 | HVAC RESIDENTIAL | 3,128 SF | ✗ |
| 2ND | 2nd Floor | 1,584 SF | ✓ |
| 1ST | 1st Floor | 1,544 SF | ✓ |
| 011 | PORCH OPEN 1ST F | 120 SF | ✗ |
| 012 | PORCH OPEN 2ND F | 40 SF | ✗ |
| 251 | BATHROOM | 4 SF | ✓ |
| 413 | STAIRWAY EXT | 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% | $9,530.22 | $9,530.22 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $5,397.75 | $5,397.75 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,871.47 | $3,871.47 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,215.72 | $1,215.72 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,065.09 | $1,065.09 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $21,080.25 | $21,080.25 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $990,000 | $1,030,071 | -3.9% |
| Assessed Value | $990,000 | $1,030,071 | -3.9% |
| Land Value | $693,513 | $693,513 | +0.0% |
| Improvement Value | $296,487 | $336,558 | -11.9% |
| Taxable Value | $990,000 | $1,030,071 | -3.9% |
| Total Tax 2026 = estimate |
~$20,260
Estimated
|
~$21,080
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,223,614 | $990,000 | -233,614 (-19.1%) |
| Taxable Value | $1,223,614 | $990,000 | -233,614 (-19.1%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $990,000 | $693,513 | $296,487 | — | $990,000 | $990,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,030,071 | $693,513 | $336,558 | — | $1,030,071 | $1,030,071 | ~$21,080 | Partial |
| 2024 | $993,037 | — | — | −$213,037 | $780,000 | $— | $22,489 | Verified |
| 2023 | $1,123,316 | — | — | −$613,316 | $510,000 | $— | $17,966 | Verified |
| 2022 | $968,500 | — | — | −$458,500 | $510,000 | $— | $22,185 | Verified |
| 2021 | $733,700 | — | — | −$223,700 | $510,000 | $— | $21,081 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +18.8% | +18.8% | ~100% | Not available | Partial |
| 2025 | -9.2% | -9.2% | ~100% | Not available | Partial |
| 2024 | +14.3% | +14.3% | ~100% | 1.9800% | Verified |
| 2023 | -11.6% | -11.6% | ~100% | 1.8100% | Verified |
| 2022 | +16.0% | +16.0% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.8700% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +6.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -3.9% | +7.2% | +9.7% | +32.0% | 2022 | -11.6% | 2024 |
| Assessment Ratio | 100.0% | 74.4% | — | 100.0% | 2025 | 45.4% | 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 |
$21,080 | $20,960 | ~$26,004 | $22,489 | 2024 | $17,966 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,121,255 | ~$1,121,255 | ~2.0139% | ~$22,581 | +8.9% |
| 2027 | ~$1,220,510 | ~$1,220,510 | ~1.9814% | ~$24,183 | +18.5% |
| 2028 | ~$1,328,552 | ~$1,328,552 | ~1.9488% | ~$25,891 | +29.0% |
| 2029 | ~$1,446,158 | ~$1,446,158 | ~1.9163% | ~$27,713 | +40.4% |
| 2030 | ~$1,574,175 | ~$1,574,175 | ~1.8837% | ~$29,653 | +52.8% |
| 2026 | ~$1,100,653 | ~$1,100,653 | ~2.0465% | ~$22,525 | +6.9% |
| 2027 | ~$1,176,072 | ~$1,176,072 | ~2.0465% | ~$24,068 | +14.2% |
| 2028 | ~$1,256,659 | ~$1,256,659 | ~2.0465% | ~$25,717 | +22.0% |
| 2029 | ~$1,342,768 | ~$1,342,768 | ~2.0465% | ~$27,480 | +30.4% |
| 2030 | ~$1,434,776 | ~$1,434,776 | ~2.0465% | ~$29,362 | +39.3% |
| 2026 | ~$1,141,856 | ~$1,133,078 | ~1.9977% | ~$22,635 | +10.9% |
| 2027 | ~$1,265,773 | ~$1,246,386 | ~1.9488% | ~$24,290 | +22.9% |
| 2028 | ~$1,403,137 | ~$1,371,025 | ~1.9000% | ~$26,050 | +36.2% |
| 2029 | ~$1,555,408 | ~$1,508,127 | ~1.8512% | ~$27,918 | +51.0% |
| 2030 | ~$1,724,203 | ~$1,658,940 | ~1.8024% | ~$29,900 | +67.4% |
In 2025, this property's market value of $1,030,071 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — +98% 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 | $1,030,071 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $993,037 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $1,123,316 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $968,500 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $733,700 | $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.