302 W 44 ST TX 78751
| Owner | MCHONE MICHAEL R |
|---|---|
| Parcel ID | 0221051217 |
| Short ID | 218085 |
| Type | Real |
| Use Code | 02 Duplex |
| Valuation | Cost |
| Improvement SF | 3,429 SF |
| Land SF | 8,398 SF |
| Acres | 0.193 |
| Year Built | 1936 |
| Legal | LOT 1&2 MCHONE-HAMM SUBD NO 1 |
| Neighborhood | Z65005 |
| Land | $615,945 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $615,945 |
| Improvement | $270,755 |
|---|---|
| Total Improvement | $270,755 |
| Market | $886,700 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $886,700 |
| Value Limitation Adjustment (−) (homestead cap) | −$20,324 |
| Net Appraised (assessed) | $866,376 |
| Exemptions (−) (HS,OV65) | −$294,712 |
|---|---|
| Taxable Value | $571,664 |
Appreciation: Market value has risen +13.1% from $784,300 (2021) to $886,700 (2025), a CAGR of 3.1% over 4 years. Growth has been relatively flat for this asset class. 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 $11,699. City of Austin is the largest single contributor, at 39.2% of the total 2025 levy.
Assessment Gap: Assessed value ($866,376) is $20,324 below market value, suggesting potential for an upward assessment in future years.
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 69% of market value ($615,945 land vs $270,755 improvements), about $73/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $886,700, 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 +3.1% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,033,701 by 2030, with an estimated annual tax burden around $19,472. 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 | 3,429 SF | ✗ |
| 1ST | 1st Floor | 2,561 SF | ✓ |
| 2ND | 2nd Floor | 868 SF | ✓ |
| 011 | PORCH OPEN 1ST F | 500 SF | ✗ |
| 512 | DECK UNCOVRED | 112 SF | ✗ |
| 581 | STORAGE ATT | 66 SF | ✓ |
| 251 | BATHROOM | 4 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 |
|---|---|---|---|---|---|---|---|---|---|
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $2,740.00 | $2,740.00 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,148.57 | $2,148.57 | Paid |
| IAU Austin ISD | 1.0617% | 0.9966% | 0.8595% | 0.9505% | 0.9252% | -0.0253% | $1,007.68 | $1,007.68 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $625.15 | $625.15 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $460.75 | $460.75 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $6,982.15 | $6,982.15 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,050,400 | $886,700 | +18.5% |
| Assessed Value | $833,207 | $866,376 | -3.8% |
| Land Value | $481,455 | $615,945 | -21.8% |
| Improvement Value | $568,945 | $270,755 | +110.1% |
| Taxable Value | $521,297 | $571,664 | -8.8% |
| Exemptions | HS,OV65 | HS,OV65 | |
| HS Cap Loss | -$217,193 | — | |
| Total Tax 2026 = estimate |
~$10,668
Estimated
|
~$6,982
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,237,708 | $1,050,400 | -187,308 (-15.1%) |
| Taxable Value | $523,346 | $521,297 | -2,049 (-0.4%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,050,400 | $481,455 | $568,945 | −$217,193 | $833,207 | $521,297 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $886,700 | $615,945 | $270,755 | −$20,324 | $866,376 | $571,664 | ~$6,982 | Partial |
| 2024 | $983,752 | — | — | −$378,752 | $605,000 | $— | $7,606 | Verified |
| 2023 | $1,075,795 | — | — | −$470,795 | $605,000 | $— | $6,857 | Verified |
| 2022 | $903,780 | — | — | −$298,780 | $605,000 | $— | $9,716 | Verified |
| 2021 | $784,300 | — | — | −$399,300 | $385,000 | $— | $10,615 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +39.6% | -3.8% | 67.3% | Not available | Partial |
| 2025 | -11.3% | +2.2% | 97.7% | Not available | Partial |
| 2024 | +1.7% | +7.4% | 84.8% | 0.7600% | Verified |
| 2023 | -8.6% | +3.4% | 80.2% | 0.7000% | Verified |
| 2022 | +19.0% | +4.4% | 70.9% | 0.9000% | Verified |
| 2021 | base year | — | 80.9% | 1.3500% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -1.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +18.5% | +6.8% | -0.1% | +19.0% | 2023 | -9.9% | 2025 |
| Assessment Ratio | 79.3% | 68.5% | — | 97.7% | 2025 | 49.1% | 2021 |
| Effective Tax Rate (2025) | 0.7900% | 0.7900% | — | 0.7900% | 2025 | 0.7900% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$6,982 | $8,355 | ~$18,945 | $10,615 | 2021 | $6,857 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$914,324 | ~$914,324 | ~2.0139% | ~$18,414 | +3.1% |
| 2027 | ~$942,810 | ~$942,810 | ~1.9814% | ~$18,681 | +6.3% |
| 2028 | ~$972,182 | ~$972,182 | ~1.9488% | ~$18,946 | +9.6% |
| 2029 | ~$1,002,470 | ~$1,002,470 | ~1.9163% | ~$19,210 | +13.1% |
| 2030 | ~$1,033,701 | ~$1,033,701 | ~1.8837% | ~$19,472 | +16.6% |
| 2026 | ~$896,590 | ~$896,590 | ~2.0465% | ~$18,349 | +1.1% |
| 2027 | ~$906,591 | ~$906,591 | ~2.0465% | ~$18,553 | +2.2% |
| 2028 | ~$916,704 | ~$916,704 | ~2.0465% | ~$18,760 | +3.4% |
| 2029 | ~$926,929 | ~$926,929 | ~2.0465% | ~$18,969 | +4.5% |
| 2030 | ~$937,268 | ~$937,268 | ~2.0465% | ~$19,181 | +5.7% |
| 2026 | ~$932,058 | ~$932,058 | ~1.9977% | ~$18,619 | +5.1% |
| 2027 | ~$979,737 | ~$979,737 | ~1.9488% | ~$19,094 | +10.5% |
| 2028 | ~$1,029,855 | ~$1,029,855 | ~1.9000% | ~$19,567 | +16.1% |
| 2029 | ~$1,082,536 | ~$1,082,536 | ~1.8512% | ~$20,040 | +22.1% |
| 2030 | ~$1,137,913 | ~$1,137,913 | ~1.8024% | ~$20,509 | +28.3% |
In 2025, this property's market value of $886,700 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — +71% 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 | $886,700 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $983,752 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $1,075,795 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $903,780 | $506,618 | $615,058 | $906,429 | ↑ Above median | +39.1% |
| 2021 | $784,300 | $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.