7208 CREEKSIDE DR TX 78752
| Owner | HARDY VICTOR |
|---|---|
| Parcel ID | 0227200613 |
| Short ID | 228261 |
| Type | Real |
| Use Code | 04 Fourplex |
| Valuation | Income |
| Improvement SF | 4,716 SF |
| Land SF | 16,099 SF |
| Acres | 0.370 |
| Year Built | 1971 |
| Legal | LOT 9 CREEKSIDE PHS I |
| Neighborhood | D8005 |
| Land | $325,949 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $325,949 |
| Improvement | $401,974 |
|---|---|
| Total Improvement | $401,974 |
| Market | $727,923 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $727,923 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $727,923 |
| Taxable Value | $727,923 |
|---|
Appreciation: Market value has risen +61.5% from $450,717 (2021) to $727,923 (2025), a CAGR of 12.7% 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 $14,897. 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 45% of market value ($325,949 land vs $401,974 improvements), about $20/SF of land. Most value sits in the improvements, so building condition, age (~55 yrs), and rent roll drive the underwriting.
Submarket Position: At $727,923, 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 +12.7% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,325,294 by 2030, with an estimated annual tax burden around $22,084. 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 |
|---|---|---|---|
| 1ST | 1st Floor | 4,716 SF | ✓ |
| 095 | HVAC RESIDENTIAL | 4,716 SF | ✗ |
| 551 | PAVED AREA | 1,500 SF | ✗ |
| 612 | TERRACE UNCOVERD | 396 SF | ✗ |
| 011 | PORCH OPEN 1ST F | 204 SF | ✗ |
| 251 | BATHROOM | 6 SF | ✓ |
| 522 | FIREPLACE | 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 |
|---|---|---|---|---|---|---|---|---|---|
| IAU Austin ISD | 1.0617% | 0.9966% | 0.8595% | 0.9505% | 0.9252% | -0.0253% | $6,734.74 | $6,734.74 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $3,814.44 | $3,814.44 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,735.86 | $2,735.86 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $859.12 | $859.12 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $752.67 | $752.67 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $14,896.83 | $14,896.83 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $775,000 | $727,923 | +6.5% |
| Assessed Value | $775,000 | $727,923 | +6.5% |
| Land Value | $162,974 | $325,949 | -50.0% |
| Improvement Value | $612,026 | $401,974 | +52.3% |
| Taxable Value | $775,000 | $727,923 | +6.5% |
| Total Tax 2026 = estimate |
~$15,860
Estimated
|
~$14,897
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $908,317 | $775,000 | -133,317 (-14.7%) |
| Taxable Value | $873,508 | $775,000 | -98,508 (-11.3%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $775,000 | $162,974 | $612,026 | — | $775,000 | $775,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $727,923 | $325,949 | $401,974 | — | $727,923 | $727,923 | ~$14,897 | Partial |
| 2024 | $782,706 | — | — | −$425,206 | $357,500 | $— | $15,786 | Verified |
| 2023 | $782,706 | — | — | −$425,206 | $357,500 | $— | $14,161 | Verified |
| 2022 | $535,900 | — | — | −$178,400 | $357,500 | $— | $15,458 | Verified |
| 2021 | $450,717 | — | — | −$320,717 | $130,000 | $— | $11,665 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +24.8% | +20.0% | 96.2% | Not available | Partial |
| 2025 | -8.6% | -8.6% | ~100% | Not available | Partial |
| 2024 | +1.8% | +1.8% | ~100% | 1.9800% | Verified |
| 2023 | +0.0% | +0.0% | ~100% | 1.8100% | Verified |
| 2022 | +46.1% | +46.1% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.5900% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +35.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +6.5% | +12.9% | +11.4% | +46.1% | 2023 | -7.0% | 2025 |
| Assessment Ratio | 100.0% | 64.5% | — | 100.0% | 2025 | 28.8% | 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 |
$14,897 | $14,393 | ~$18,993 | $15,786 | 2024 | $11,665 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$820,599 | ~$800,715 | ~2.0139% | ~$16,126 | +12.7% |
| 2027 | ~$925,073 | ~$880,787 | ~1.9814% | ~$17,452 | +27.1% |
| 2028 | ~$1,042,849 | ~$968,866 | ~1.9488% | ~$18,882 | +43.3% |
| 2029 | ~$1,175,620 | ~$1,065,752 | ~1.9163% | ~$20,423 | +61.5% |
| 2030 | ~$1,325,294 | ~$1,172,327 | ~1.8837% | ~$22,084 | +82.1% |
| 2026 | ~$806,040 | ~$800,715 | ~2.0465% | ~$16,387 | +10.7% |
| 2027 | ~$892,541 | ~$880,787 | ~2.0465% | ~$18,025 | +22.6% |
| 2028 | ~$988,324 | ~$968,866 | ~2.0465% | ~$19,828 | +35.8% |
| 2029 | ~$1,094,386 | ~$1,065,752 | ~2.0465% | ~$21,810 | +50.3% |
| 2030 | ~$1,211,830 | ~$1,172,327 | ~2.0465% | ~$23,991 | +66.5% |
| 2026 | ~$835,157 | ~$800,715 | ~1.9977% | ~$15,996 | +14.7% |
| 2027 | ~$958,189 | ~$880,787 | ~1.9488% | ~$17,165 | +31.6% |
| 2028 | ~$1,099,344 | ~$968,866 | ~1.9000% | ~$18,409 | +51.0% |
| 2029 | ~$1,261,294 | ~$1,065,752 | ~1.8512% | ~$19,729 | +73.3% |
| 2030 | ~$1,447,102 | ~$1,172,327 | ~1.8024% | ~$21,130 | +98.8% |
In 2025, this property's market value of $727,923 places it in the 50th–75th percentile for Multi-Family properties in Travis County (12584 comparable) — +40% 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 | $727,923 | $438,669 | $519,778 | $749,859 | ↑ Above median | -7.5% |
| 2024 | $782,706 | $467,458 | $564,615 | $848,565 | ↑ Above median | -6.3% |
| 2023 | $782,706 | $503,905 | $617,035 | $919,932 | ↑ Above median | +0.9% |
| 2022 | $535,900 | $506,618 | $615,058 | $906,429 | ↓ Below median | +39.1% |
| 2021 | $450,717 | $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.