1903 HEARTHSTONE DR TX 78757
| Owner | FIRNHABER JOHN |
|---|---|
| Parcel ID | 0241101302 |
| Short ID | 246322 |
| Type | Real |
| Use Code | 04 Fourplex |
| Valuation | Income |
| Improvement SF | 4,232 SF |
| Land SF | 8,855 SF |
| Acres | 0.203 |
| Year Built | 1979 |
| Legal | LOT 9 BLK F WOOTEN TERRACE SEC 3 |
| Neighborhood | Y6006 |
| Land | $334,519 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $334,519 |
| Improvement | $272,042 |
|---|---|
| Total Improvement | $272,042 |
| Market | $606,561 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $606,561 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $606,561 |
| Taxable Value | $606,561 |
|---|
Appreciation: Market value has risen +33.7% from $453,682 (2021) to $606,561 (2025), a CAGR of 7.5% over 4 years. This represents moderate, steady growth. Most of this growth came in a single year (2021→2022), 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 $12,413. 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 55% of market value ($334,519 land vs $272,042 improvements), about $38/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $606,561, 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 +7.5% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $872,023 by 2030, with an estimated annual tax burden around $16,427. 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 | 4,232 SF | ✗ |
| 1ST | 1st Floor | 2,116 SF | ✓ |
| 2ND | 2nd Floor | 2,116 SF | ✓ |
| 612 | TERRACE UNCOVERD | 336 SF | ✗ |
| SO | Sketch Only | 336 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% | $5,611.90 | $5,611.90 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $3,178.48 | $3,178.48 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,279.73 | $2,279.73 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $715.88 | $715.88 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $627.18 | $627.18 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $12,413.17 | $12,413.17 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $687,529 | $606,561 | +13.3% |
| Assessed Value | $687,529 | $606,561 | +13.3% |
| Land Value | $205,858 | $334,519 | -38.5% |
| Improvement Value | $481,671 | $272,042 | +77.1% |
| Taxable Value | $687,529 | $606,561 | +13.3% |
| Total Tax 2026 = estimate |
~$14,070
Estimated
|
~$12,413
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $797,782 | $687,529 | -110,253 (-13.8%) |
| Taxable Value | $727,873 | $687,529 | -40,344 (-5.5%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $687,529 | $205,858 | $481,671 | — | $687,529 | $687,529 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $606,561 | $334,519 | $272,042 | — | $606,561 | $606,561 | ~$12,413 | Partial |
| 2024 | $756,218 | — | — | −$431,218 | $325,000 | $— | $14,915 | Verified |
| 2023 | $669,546 | — | — | −$344,546 | $325,000 | $— | $13,682 | Verified |
| 2022 | $631,835 | — | — | −$231,835 | $400,000 | $— | $13,223 | Verified |
| 2021 | $453,682 | — | — | −$213,682 | $240,000 | $— | $13,753 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +31.5% | +20.0% | 91.2% | Not available | Partial |
| 2025 | -19.4% | -19.4% | ~100% | Not available | Partial |
| 2024 | -0.5% | -0.5% | ~100% | 1.9800% | Verified |
| 2023 | +12.9% | +12.9% | ~100% | 1.8100% | Verified |
| 2022 | +6.0% | +6.0% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 3.0300% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -4.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +13.3% | +10.3% | +5.0% | +39.3% | 2022 | -19.8% | 2025 |
| Assessment Ratio | 100.0% | 68.0% | — | 100.0% | 2025 | 43.0% | 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 |
$12,413 | $13,597 | ~$14,739 | $14,915 | 2024 | $12,413 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$652,237 | ~$652,237 | ~2.0139% | ~$13,136 | +7.5% |
| 2027 | ~$701,352 | ~$701,352 | ~1.9814% | ~$13,897 | +15.6% |
| 2028 | ~$754,166 | ~$754,166 | ~1.9488% | ~$14,697 | +24.3% |
| 2029 | ~$810,956 | ~$810,956 | ~1.9163% | ~$15,540 | +33.7% |
| 2030 | ~$872,023 | ~$872,023 | ~1.8837% | ~$16,427 | +43.8% |
| 2026 | ~$640,105 | ~$640,105 | ~2.0465% | ~$13,100 | +5.5% |
| 2027 | ~$675,505 | ~$675,505 | ~2.0465% | ~$13,824 | +11.4% |
| 2028 | ~$712,862 | ~$712,862 | ~2.0465% | ~$14,589 | +17.5% |
| 2029 | ~$752,285 | ~$752,285 | ~2.0465% | ~$15,395 | +24.0% |
| 2030 | ~$793,889 | ~$793,889 | ~2.0465% | ~$16,247 | +30.9% |
| 2026 | ~$664,368 | ~$664,368 | ~1.9977% | ~$13,272 | +9.5% |
| 2027 | ~$727,684 | ~$727,684 | ~1.9488% | ~$14,181 | +20.0% |
| 2028 | ~$797,034 | ~$797,034 | ~1.9000% | ~$15,144 | +31.4% |
| 2029 | ~$872,994 | ~$872,994 | ~1.8512% | ~$16,161 | +43.9% |
| 2030 | ~$956,192 | ~$956,192 | ~1.8024% | ~$17,234 | +57.6% |
In 2025, this property's market value of $606,561 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 | $606,561 | $438,669 | $519,778 | $749,859 | ↑ Above median | -7.5% |
| 2024 | $756,218 | $467,458 | $564,615 | $848,565 | ↑ Above median | -6.3% |
| 2023 | $669,546 | $503,905 | $617,035 | $919,932 | ↑ Above median | +0.9% |
| 2022 | $631,835 | $506,618 | $615,058 | $906,429 | ↑ Above median | +39.1% |
| 2021 | $453,682 | $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.