302 CARMEN CT TX 78752
| Owner | ARA CARMEN 302 LLC |
|---|---|
| Parcel ID | 0231140952 |
| Short ID | 232703 |
| Type | Real |
| Use Code | 04 Fourplex |
| Valuation | Income |
| Improvement SF | 3,904 SF |
| Land SF | 9,381 SF |
| Acres | 0.215 |
| Year Built | 1968 |
| Legal | LOT 19 BLK D HOLIDAY HEIGHTS SEC 1 |
| Neighborhood | Y7005 |
| Land | $365,715 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $365,715 |
| Improvement | $244,051 |
|---|---|
| Total Improvement | $244,051 |
| Market | $609,766 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $609,766 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $609,766 |
| Taxable Value | $609,766 |
|---|
Appreciation: Market value has risen +20.7% from $505,000 (2021) to $609,766 (2025), a CAGR of 4.8% over 4 years. This represents moderate, steady growth. 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 $12,479. 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 60% of market value ($365,715 land vs $244,051 improvements), about $39/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $609,766, 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 +4.8% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $771,797 by 2030, with an estimated annual tax burden around $14,539. 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.
6 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 095 | HVAC RESIDENTIAL | 3,904 SF | ✗ |
| 1ST | 1st Floor | 1,952 SF | ✓ |
| 2ND | 2nd Floor | 1,952 SF | ✓ |
| 571 | STORAGE DET | 325 SF | ✓ |
| 512 | DECK UNCOVRED | 256 SF | ✗ |
| 251 | BATHROOM | 6 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% | $5,641.56 | $5,641.56 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $3,195.28 | $3,195.28 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,291.78 | $2,291.78 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $719.66 | $719.66 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $630.50 | $630.50 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $12,478.78 | $12,478.78 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $731,065 | $609,766 | +19.9% |
| Assessed Value | $731,065 | $609,766 | +19.9% |
| Land Value | $243,810 | $365,715 | -33.3% |
| Improvement Value | $487,255 | $244,051 | +99.7% |
| Taxable Value | $365,533 | $609,766 | -40.1% |
| Total Tax 2026 = estimate |
~$7,481
Estimated
|
~$12,479
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $731,065 | $731,065 | +0 (+0.0%) |
| Taxable Value | $731,065 | $365,533 | -365,532 (-50.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $731,065 | $243,810 | $487,255 | — | $731,065 | $365,533 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $609,766 | $365,715 | $244,051 | — | $609,766 | $609,766 | ~$12,479 | Partial |
| 2024 | $810,240 | — | — | −$465,240 | $345,000 | $— | $12,473 | Verified |
| 2023 | $748,762 | — | — | −$403,762 | $345,000 | $— | $14,659 | Verified |
| 2022 | $530,000 | — | — | −$185,000 | $345,000 | $— | $14,787 | Verified |
| 2021 | $505,000 | — | — | −$275,000 | $230,000 | $— | $11,536 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +19.9% | +19.9% | ~100% | Not available | Partial |
| 2025 | -3.1% | -3.1% | ~100% | Not available | Partial |
| 2024 | -22.3% | -22.3% | ~100% | 1.9800% | Verified |
| 2023 | +0.7% | +0.7% | ~100% | 1.8100% | Verified |
| 2022 | +47.3% | +47.3% | ~100% | 1.8400% | Verified |
| 2021 | base year | — | ~100% | 2.2800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +11.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +19.9% | +9.9% | +1.3% | +41.3% | 2023 | -24.7% | 2025 |
| Assessment Ratio | 100.0% | 66.5% | — | 100.0% | 2025 | 42.6% | 2024 |
| 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 |
$12,479 | $13,187 | ~$13,697 | $14,787 | 2022 | $11,536 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$639,192 | ~$639,192 | ~2.0139% | ~$12,873 | +4.8% |
| 2027 | ~$670,038 | ~$670,038 | ~1.9814% | ~$13,276 | +9.9% |
| 2028 | ~$702,372 | ~$702,372 | ~1.9488% | ~$13,688 | +15.2% |
| 2029 | ~$736,266 | ~$736,266 | ~1.9163% | ~$14,109 | +20.7% |
| 2030 | ~$771,797 | ~$771,797 | ~1.8837% | ~$14,539 | +26.6% |
| 2026 | ~$626,996 | ~$626,996 | ~2.0465% | ~$12,831 | +2.8% |
| 2027 | ~$644,714 | ~$644,714 | ~2.0465% | ~$13,194 | +5.7% |
| 2028 | ~$662,932 | ~$662,932 | ~2.0465% | ~$13,567 | +8.7% |
| 2029 | ~$681,664 | ~$681,664 | ~2.0465% | ~$13,950 | +11.8% |
| 2030 | ~$700,927 | ~$700,927 | ~2.0465% | ~$14,344 | +15.0% |
| 2026 | ~$651,387 | ~$651,387 | ~1.9977% | ~$13,013 | +6.8% |
| 2027 | ~$695,849 | ~$695,849 | ~1.9488% | ~$13,561 | +14.1% |
| 2028 | ~$743,346 | ~$743,346 | ~1.9000% | ~$14,124 | +21.9% |
| 2029 | ~$794,085 | ~$794,085 | ~1.8512% | ~$14,700 | +30.2% |
| 2030 | ~$848,287 | ~$848,287 | ~1.8024% | ~$15,289 | +39.1% |
In 2025, this property's market value of $609,766 places it in the 50th–75th percentile for Multi-Family properties in Travis County (12584 comparable) — +17% 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 | $609,766 | $438,669 | $519,778 | $749,859 | ↑ Above median | -7.5% |
| 2024 | $810,240 | $467,458 | $564,615 | $848,565 | ↑ Above median | -6.3% |
| 2023 | $748,762 | $503,905 | $617,035 | $919,932 | ↑ Above median | +0.9% |
| 2022 | $530,000 | $506,618 | $615,058 | $906,429 | ↓ Below median | +39.1% |
| 2021 | $505,000 | $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.