4701 HARMON AVE TX 78751
| Owner | BARRETT CRAIG A |
|---|---|
| Parcel ID | 0220110907 |
| Short ID | 216493 |
| Type | Real |
| Use Code | 03 Triplex |
| Valuation | Income |
| Improvement SF | 1,664 SF |
| Land SF | 6,808 SF |
| Acres | 0.156 |
| Year Built | 1950 |
| Legal | S58.08FT OF W117.245FT OF LOT 7 BLK V RIDGETOP FOURTH ADDN |
| Neighborhood | Y1005 |
| Land | $357,071 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $357,071 |
| Improvement | $111,166 |
|---|---|
| Total Improvement | $111,166 |
| Market | $468,237 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $468,237 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $468,237 |
| Taxable Value | $468,237 |
|---|
Appreciation: Market value has risen +17.8% from $397,488 (2021) to $468,237 (2025), a CAGR of 4.2% over 4 years. This represents moderate, steady growth. Growth has been fairly evenly spread across these years rather than concentrated in one jump. 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 $9,582. 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 76% of market value ($357,071 land vs $111,166 improvements), about $52/SF of land. With value concentrated in the land under a ~76-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 $468,237, 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 +4.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $574,636 by 2030, with an estimated annual tax burden around $10,825. 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 | 1,280 SF | ✓ |
| 2ND | 2nd Floor | 384 SF | ✓ |
| 011 | PORCH OPEN 1ST F | 28 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% | $4,332.13 | $4,332.13 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $2,453.64 | $2,453.64 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,759.85 | $1,759.85 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $552.63 | $552.63 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $484.16 | $484.16 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $9,582.41 | $9,582.41 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $373,112 | $468,237 | -20.3% |
| Assessed Value | $373,112 | $468,237 | -20.3% |
| Land Value | $255,050 | $357,071 | -28.6% |
| Improvement Value | $118,062 | $111,166 | +6.2% |
| Taxable Value | $373,112 | $468,237 | -20.3% |
| Total Tax 2026 = estimate |
~$7,636
Estimated
|
~$9,582
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $429,902 | $373,112 | -56,790 (-13.2%) |
| Taxable Value | $429,902 | $373,112 | -56,790 (-13.2%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $373,112 | $255,050 | $118,062 | — | $373,112 | $373,112 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $468,237 | $357,071 | $111,166 | — | $468,237 | $468,237 | ~$9,582 | Partial |
| 2024 | $459,450 | — | — | −$9,450 | $450,000 | $— | $10,927 | Verified |
| 2023 | $436,688 | — | — | −$86,688 | $350,000 | $— | $8,313 | Verified |
| 2022 | $410,859 | — | — | −$60,859 | $350,000 | $— | $8,624 | Verified |
| 2021 | $397,488 | — | — | −$122,488 | $275,000 | $— | $8,943 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -8.2% | -8.2% | ~100% | Not available | Partial |
| 2025 | -20.4% | -15.1% | ~100% | Not available | Partial |
| 2024 | +1.3% | -5.0% | 93.8% | 1.8600% | Verified |
| 2023 | +32.9% | +32.9% | ~100% | 1.4300% | Verified |
| 2022 | +6.3% | +6.3% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.2500% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +14.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -20.3% | -0.7% | +9.5% | +6.3% | 2023 | -20.3% | 2026 |
| Assessment Ratio | 100.0% | 88.7% | — | 100.0% | 2025 | 69.2% | 2021 |
| 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 |
$9,582 | $9,278 | ~$10,321 | $10,927 | 2024 | $8,313 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$487,811 | ~$487,811 | ~2.0139% | ~$9,824 | +4.2% |
| 2027 | ~$508,202 | ~$508,202 | ~1.9814% | ~$10,069 | +8.5% |
| 2028 | ~$529,446 | ~$529,446 | ~1.9488% | ~$10,318 | +13.1% |
| 2029 | ~$551,579 | ~$551,579 | ~1.9163% | ~$10,570 | +17.8% |
| 2030 | ~$574,636 | ~$574,636 | ~1.8837% | ~$10,825 | +22.7% |
| 2026 | ~$478,446 | ~$478,446 | ~2.0465% | ~$9,791 | +2.2% |
| 2027 | ~$488,877 | ~$488,877 | ~2.0465% | ~$10,005 | +4.4% |
| 2028 | ~$499,536 | ~$499,536 | ~2.0465% | ~$10,223 | +6.7% |
| 2029 | ~$510,427 | ~$510,427 | ~2.0465% | ~$10,446 | +9.0% |
| 2030 | ~$521,556 | ~$521,556 | ~2.0465% | ~$10,674 | +11.4% |
| 2026 | ~$497,175 | ~$497,175 | ~1.9977% | ~$9,932 | +6.2% |
| 2027 | ~$527,902 | ~$527,902 | ~1.9488% | ~$10,288 | +12.7% |
| 2028 | ~$560,528 | ~$560,528 | ~1.9000% | ~$10,650 | +19.7% |
| 2029 | ~$595,170 | ~$595,170 | ~1.8512% | ~$11,018 | +27.1% |
| 2030 | ~$631,953 | ~$631,953 | ~1.8024% | ~$11,390 | +35.0% |
In 2025, this property's market value of $468,237 places it in the 25th–50th percentile for Multi-Family properties in Travis County (12584 comparable) — -10% 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 | $468,237 | $438,669 | $519,778 | $749,859 | ↓ Below median | -7.5% |
| 2024 | $459,450 | $467,458 | $564,615 | $848,565 | ↓ Bottom 25% | -6.3% |
| 2023 | $436,688 | $503,905 | $617,035 | $919,932 | ↓ Bottom 25% | +0.9% |
| 2022 | $410,859 | $506,618 | $615,058 | $906,429 | ↓ Bottom 25% | +39.1% |
| 2021 | $397,488 | $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.