4715 HARMON AVE TX 78751
| Owner | MIRAMAR TEXAS INVESTMENT PARTNERS 1 LLC ETAL |
|---|---|
| Parcel ID | 0220110955 |
| Short ID | 216520 |
| Type | Real |
| Use Code | 06 Apartment 26–49 Units |
| Valuation | Income |
| Improvement SF | 16,320 SF |
| Land SF | 25,920 SF |
| Acres | 0.595 |
| Year Built | 1962 |
| Legal | LOT 1-2 HOOPER RICHARD SUBD |
| Neighborhood | 06NC1 |
| Land | $1,036,800 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,036,800 |
| Improvement | $2,843,200 |
|---|---|
| Total Improvement | $2,843,200 |
| Market | $3,880,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $3,880,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $3,880,000 |
| Taxable Value | $3,880,000 |
|---|
| Total Due | $91,314.16 |
|---|---|
| First Delinquent | — |
Appreciation: Market value has risen +21.5% from $3,193,000 (2021) to $3,880,000 (2025), a CAGR of 5.0% over 4 years. This represents moderate, steady growth. Most of this growth came in a single year (2025→2026), 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 $79,404. 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 27% of market value ($1,036,800 land vs $2,843,200 improvements), about $40/SF of land. Most value sits in the improvements, so building condition, age (~64 yrs), and rent roll drive the underwriting.
Submarket Position: At $3,880,000, 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 +5.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $4,950,200 by 2030, with an estimated annual tax burden around $93,249. Estimated Forward figures are model projections, not certified — see the 6-Year Projection section for the low/base/high bands.
Delinquent Taxes: $91,314.16 in unpaid taxes . These become a lien on the property and transfer to the buyer at closing unless negotiated otherwise.
8 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 9,900 SF | ✗ |
| 1ST | 1st Floor | 8,160 SF | ✓ |
| 2ND | 2nd Floor | 8,160 SF | ✓ |
| 012C | PORCH OPEN 2 COMM | 1,024 SF | ✗ |
| 011C | PORCH OPEN 1ST COMM | 1,024 SF | ✗ |
| 581C | STORAGE ATT COMM | 576 SF | ✓ |
| 541 | FENCE COMM LF | 300 SF | ✗ |
| 132 | PLBG 5-FIXT AVG | 1 SF | ✓ |
| Entity | 2024 Rate | 2025 Rate | Rate Effect |
|---|---|---|---|
| City of Austin | 0.4776% | 0.5240% | +1,801 |
| Travis County | 0.3444% | 0.3758% | +1,218 |
| Austin ISD | 0.9505% | 0.9252% | -982 |
| Travis Central Health | 0.1080% | 0.1180% | +390 |
| Austin Community College | 0.1013% | 0.1034% | +81 |
This parcel has unpaid taxes on record. Delinquent taxes are a lien on the property and transfer to the buyer at closing unless negotiated otherwise.
| 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% | $35,897.76 | $— | $35,897.76 |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $20,331.86 | $— | $20,331.86 |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $14,582.79 | $— | $14,582.79 |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $4,579.29 | $— | $4,579.29 |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $4,011.92 | $— | $4,011.92 |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $79,403.62 | $0.00 | $79,403.62 |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $5,222,400 | $3,880,000 | +34.6% |
| Assessed Value | $4,656,000 | $3,880,000 | +20.0% |
| Land Value | $1,036,800 | $1,036,800 | +0.0% |
| Improvement Value | $4,185,600 | $2,843,200 | +47.2% |
| Taxable Value | $4,656,000 | $3,880,000 | +20.0% |
| HS Cap Loss | -$566,400 | — | |
| Total Tax 2026 = estimate |
~$95,284
Estimated
|
$79,404 | ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $5,222,400 | $5,222,400 | +0 (+0.0%) |
| Taxable Value | $4,656,000 | $4,656,000 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $5,222,400 | $1,036,800 | $4,185,600 | −$566,400 | $4,656,000 | $4,656,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $3,880,000 | $1,036,800 | $2,843,200 | — | $3,880,000 | $3,880,000 | $79,404 | Verified |
| 2024 | $4,732,800 | — | — | −$3,696,000 | $1,036,800 | $— | $80,001 | Verified |
| 2023 | $3,916,800 | — | — | −$2,880,000 | $1,036,800 | $— | $85,628 | Verified |
| 2022 | $3,590,400 | — | — | −$2,553,600 | $1,036,800 | $— | $77,354 | Verified |
| 2021 | $3,193,000 | — | — | −$2,156,200 | $1,036,800 | $— | $78,151 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +34.6% | +20.0% | 89.2% | Not available | Partial |
| 2025 | -20.8% | -20.8% | ~100% | 2.0500% | Verified |
| 2024 | +3.4% | +3.4% | ~100% | 1.6300% | Verified |
| 2023 | +20.8% | +20.8% | ~100% | 1.8100% | Verified |
| 2022 | +9.1% | +9.1% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.4500% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +8.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +34.6% | +11.8% | -0.4% | +34.6% | 2026 | -18.0% | 2025 |
| Assessment Ratio | 89.2% | 49.8% | — | 100.0% | 2025 | 21.9% | 2024 |
| Effective Tax Rate (2025) | 2.0500% | 2.0500% | — | 2.0500% | 2025 | 2.0500% | 2025 |
| Tax Amount | $79,404 | $80,107 | ~$87,580 | $85,628 | 2023 | $77,354 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$4,073,708 | ~$4,073,708 | ~2.0139% | ~$82,042 | +5.0% |
| 2027 | ~$4,277,087 | ~$4,277,087 | ~1.9814% | ~$84,746 | +10.2% |
| 2028 | ~$4,490,620 | ~$4,490,620 | ~1.9488% | ~$87,515 | +15.7% |
| 2029 | ~$4,714,814 | ~$4,714,814 | ~1.9163% | ~$90,350 | +21.5% |
| 2030 | ~$4,950,200 | ~$4,950,200 | ~1.8837% | ~$93,249 | +27.6% |
| 2026 | ~$3,996,108 | ~$3,996,108 | ~2.0465% | ~$81,780 | +3.0% |
| 2027 | ~$4,115,691 | ~$4,115,691 | ~2.0465% | ~$84,227 | +6.1% |
| 2028 | ~$4,238,852 | ~$4,238,852 | ~2.0465% | ~$86,747 | +9.2% |
| 2029 | ~$4,365,699 | ~$4,365,699 | ~2.0465% | ~$89,343 | +12.5% |
| 2030 | ~$4,496,342 | ~$4,496,342 | ~2.0465% | ~$92,017 | +15.9% |
| 2026 | ~$4,151,308 | ~$4,151,308 | ~1.9977% | ~$82,929 | +7.0% |
| 2027 | ~$4,441,588 | ~$4,441,588 | ~1.9488% | ~$86,559 | +14.5% |
| 2028 | ~$4,752,165 | ~$4,752,165 | ~1.9000% | ~$90,292 | +22.5% |
| 2029 | ~$5,084,459 | ~$5,084,459 | ~1.8512% | ~$94,123 | +31.0% |
| 2030 | ~$5,439,989 | ~$5,439,989 | ~1.8024% | ~$98,049 | +40.2% |
In 2025, this property's market value of $3,880,000 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 7× 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 | $3,880,000 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $4,732,800 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $3,916,800 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $3,590,400 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $3,193,000 | $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.