3311 HAMPTON RD TX 78705
| Owner | GROVE LESLIE K |
|---|---|
| Parcel ID | 0216070704 |
| Short ID | 210629 |
| Type | Real |
| Use Code | 02 Duplex |
| Valuation | Cost |
| Improvement SF | 1,707 SF |
| Land SF | 10,211 SF |
| Acres | 0.234 |
| Year Built | 1934 |
| Legal | N55FT OF LOT 21 OLT 6&9 DIV C BEAU SITE |
| Neighborhood | Z64005 |
| Land | $598,695 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $598,695 |
| Improvement | $87,833 |
|---|---|
| Total Improvement | $87,833 |
| Market | $686,528 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $686,528 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $686,528 |
| Taxable Value | $686,528 |
|---|
Appreciation: Market value has risen +50.1% from $457,500 (2021) to $686,528 (2025), a CAGR of 10.7% 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 $14,050. 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 87% of market value ($598,695 land vs $87,833 improvements), about $59/SF of land. With value concentrated in the land under a ~92-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 $686,528, 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 +10.7% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,140,229 by 2030, with an estimated annual tax burden around $20,828. 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.
5 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 1,707 SF | ✓ |
| 061 | CARPORT ATT 1ST | 288 SF | ✗ |
| 612 | TERRACE UNCOVERD | 83 SF | ✗ |
| 011 | PORCH OPEN 1ST F | 73 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% | $6,351.76 | $6,351.76 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $3,597.52 | $3,597.52 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,580.28 | $2,580.28 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $810.26 | $810.26 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $709.87 | $709.87 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $14,049.69 | $14,049.69 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $676,519 | $686,528 | -1.5% |
| Assessed Value | $676,519 | $686,528 | -1.5% |
| Land Value | $424,435 | $598,695 | -29.1% |
| Improvement Value | $252,084 | $87,833 | +187.0% |
| Taxable Value | $676,519 | $686,528 | -1.5% |
| Total Tax 2026 = estimate |
~$13,845
Estimated
|
~$14,050
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $676,519 | $676,519 | +0 (+0.0%) |
| Taxable Value | $676,519 | $676,519 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $676,519 | $424,435 | $252,084 | — | $676,519 | $676,519 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $686,528 | $598,695 | $87,833 | — | $686,528 | $686,528 | ~$14,050 | Partial |
| 2024 | $687,000 | — | — | — | $825,000 ! | $— | not in county billing file ⓘ | Partial |
| 2023 | $720,000 | — | — | −$335,000 | $385,000 | $— | not in county billing file ⓘ | Partial |
| 2022 | $581,800 | — | — | −$196,800 | $385,000 | $— | not in county billing file ⓘ | Partial |
| 2021 | $457,500 | — | — | −$100,000 | $357,500 | $— | not in county billing file ⓘ | Partial |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -1.5% | -1.5% | ~100% | Not available | Partial |
| 2025 | -19.4% | -16.7% | ~100% | Not available | Partial |
| 2024 | +18.3% | +14.5% | 96.8% | Not available | Partial |
| 2023 | -13.3% | -13.3% | ~100% | Not available | Partial |
| 2022 | +22.3% | +22.3% | ~100% | Not available | Partial |
| 2021 | base year | — | ~100% | Not available | Partial |
| Cumulative market value growth (earliest valid year → 2025): +1.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -1.5% | +9.0% | +11.0% | +27.2% | 2022 | -4.6% | 2024 |
| Assessment Ratio | 100.0% | 86.3% | — | 120.1% | 2024 | 53.5% | 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 |
$14,050 | $14,050 | ~$17,913 | $14,050 | 2025 | $14,050 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$759,845 | ~$755,181 | ~2.0139% | ~$15,209 | +10.7% |
| 2027 | ~$840,992 | ~$830,699 | ~1.9814% | ~$16,459 | +22.5% |
| 2028 | ~$930,805 | ~$913,769 | ~1.9488% | ~$17,808 | +35.6% |
| 2029 | ~$1,030,209 | ~$1,005,146 | ~1.9163% | ~$19,262 | +50.1% |
| 2030 | ~$1,140,229 | ~$1,105,660 | ~1.8837% | ~$20,828 | +66.1% |
| 2026 | ~$746,114 | ~$746,114 | ~2.0465% | ~$15,269 | +8.7% |
| 2027 | ~$810,873 | ~$810,873 | ~2.0465% | ~$16,594 | +18.1% |
| 2028 | ~$881,252 | ~$881,252 | ~2.0465% | ~$18,035 | +28.4% |
| 2029 | ~$957,739 | ~$957,739 | ~2.0465% | ~$19,600 | +39.5% |
| 2030 | ~$1,040,865 | ~$1,040,865 | ~2.0465% | ~$21,301 | +51.6% |
| 2026 | ~$773,576 | ~$755,181 | ~1.9977% | ~$15,086 | +12.7% |
| 2027 | ~$871,660 | ~$830,699 | ~1.9488% | ~$16,189 | +27.0% |
| 2028 | ~$982,182 | ~$913,769 | ~1.9000% | ~$17,362 | +43.1% |
| 2029 | ~$1,106,716 | ~$1,005,146 | ~1.8512% | ~$18,607 | +61.2% |
| 2030 | ~$1,247,041 | ~$1,105,660 | ~1.8024% | ~$19,928 | +81.6% |
In 2025, this property's market value of $686,528 places it in the 50th–75th percentile for Multi-Family properties in Travis County (12584 comparable) — +32% 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 | $686,528 | $438,669 | $519,778 | $749,859 | ↑ Above median | -7.5% |
| 2024 | $687,000 | $467,458 | $564,615 | $848,565 | ↑ Above median | -6.3% |
| 2023 | $720,000 | $503,905 | $617,035 | $919,932 | ↑ Above median | +0.9% |
| 2022 | $581,800 | $506,618 | $615,058 | $906,429 | ↓ Below median | +39.1% |
| 2021 | $457,500 | $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.