1904 HEARTHSTONE DR TX 78757
| Owner | ALFARO DANIEL |
|---|---|
| Parcel ID | 0241101403 |
| Short ID | 246329 |
| Type | Real |
| Use Code | 04 Fourplex |
| Valuation | Income |
| Improvement SF | 3,584 SF |
| Land SF | 8,050 SF |
| Acres | 0.185 |
| Year Built | 1973 |
| Legal | LOT 3 BLK G WOOTEN TERRACE SEC 3 |
| Neighborhood | Y6006 |
| Land | $330,388 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $330,388 |
| Improvement | $228,797 |
|---|---|
| Total Improvement | $228,797 |
| Market | $559,185 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $559,185 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $559,185 |
| Taxable Value | $559,185 |
|---|
Appreciation: Market value has risen +31.0% from $426,700 (2021) to $559,185 (2025), a CAGR of 7.0% 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 $11,444. 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 59% of market value ($330,388 land vs $228,797 improvements), about $41/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $559,185, 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 +7.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $784,055 by 2030, with an estimated annual tax burden around $14,770. 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.
8 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 095 | HVAC RESIDENTIAL | 3,584 SF | ✗ |
| 1ST | 1st Floor | 1,792 SF | ✓ |
| 2ND | 2nd Floor | 1,792 SF | ✓ |
| 612 | TERRACE UNCOVERD | 220 SF | ✗ |
| 011 | PORCH OPEN 1ST F | 180 SF | ✗ |
| 012 | PORCH OPEN 2ND F | 180 SF | ✗ |
| 251 | BATHROOM | 4 SF | ✓ |
| 413 | STAIRWAY EXT | 1 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% | $5,173.58 | $5,173.58 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $2,930.22 | $2,930.22 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,101.67 | $2,101.67 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $659.97 | $659.97 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $578.20 | $578.20 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $11,443.64 | $11,443.64 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $796,328 | $559,185 | +42.4% |
| Assessed Value | $796,328 | $559,185 | +42.4% |
| Land Value | $203,316 | $330,388 | -38.5% |
| Improvement Value | $593,012 | $228,797 | +159.2% |
| Taxable Value | — | $559,185 | — |
| Exemptions | HS | None | |
| Total Tax | Pending certification |
~$11,444
Partial
|
|
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $796,328 | $796,328 | +0 (+0.0%) |
| Taxable Value | — | — | — |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $796,328 | $203,316 | $593,012 | — | $796,328 | $— | Not yet — post-cert | Certified — no billing yet |
| 2025 | $559,185 | $330,388 | $228,797 | — | $559,185 | $559,185 | ~$11,444 | Partial |
| 2024 | $686,840 | — | — | −$361,840 | $325,000 | $— | $13,662 | Verified |
| 2023 | $646,152 | — | — | −$321,152 | $325,000 | $— | $12,427 | Verified |
| 2022 | $539,000 | — | — | −$139,000 | $400,000 | $— | $12,761 | Verified |
| 2021 | $426,700 | — | — | −$186,700 | $240,000 | $— | $11,732 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +42.4% | +42.4% | ~100% | Not available | Partial |
| 2025 | -18.9% | -18.9% | ~100% | Not available | Partial |
| 2024 | +0.4% | +0.4% | ~100% | 1.9800% | Verified |
| 2023 | -3.2% | -3.2% | ~100% | 1.8100% | Verified |
| 2022 | +31.7% | +31.7% | ~100% | 1.8000% | Verified |
| 2021 | base year | — | ~100% | 2.7500% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +3.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +42.4% | +15.3% | +0.6% | +42.4% | 2026 | -18.6% | 2025 |
| Assessment Ratio | 100.0% | 71.3% | — | 100.0% | 2025 | 47.3% | 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 |
$11,444 | $12,405 | ~$13,379 | $13,662 | 2024 | $11,444 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$598,293 | ~$598,293 | ~2.0139% | ~$12,049 | +7.0% |
| 2027 | ~$640,136 | ~$640,136 | ~1.9814% | ~$12,684 | +14.5% |
| 2028 | ~$684,905 | ~$684,905 | ~1.9488% | ~$13,348 | +22.5% |
| 2029 | ~$732,805 | ~$732,805 | ~1.9163% | ~$14,043 | +31.0% |
| 2030 | ~$784,055 | ~$784,055 | ~1.8837% | ~$14,770 | +40.2% |
| 2026 | ~$587,109 | ~$587,109 | ~2.0465% | ~$12,015 | +5.0% |
| 2027 | ~$616,428 | ~$616,428 | ~2.0465% | ~$12,615 | +10.2% |
| 2028 | ~$647,210 | ~$647,210 | ~2.0465% | ~$13,245 | +15.7% |
| 2029 | ~$679,530 | ~$679,530 | ~2.0465% | ~$13,906 | +21.5% |
| 2030 | ~$713,464 | ~$713,464 | ~2.0465% | ~$14,601 | +27.6% |
| 2026 | ~$609,476 | ~$609,476 | ~1.9977% | ~$12,175 | +9.0% |
| 2027 | ~$664,291 | ~$664,291 | ~1.9488% | ~$12,946 | +18.8% |
| 2028 | ~$724,035 | ~$724,035 | ~1.9000% | ~$13,757 | +29.5% |
| 2029 | ~$789,153 | ~$789,153 | ~1.8512% | ~$14,609 | +41.1% |
| 2030 | ~$860,127 | ~$860,127 | ~1.8024% | ~$15,503 | +53.8% |
In 2025, this property's market value of $559,185 places it in the 50th–75th percentile for Multi-Family properties in Travis County (12584 comparable) — +8% 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 | $559,185 | $438,669 | $519,778 | $749,859 | ↑ Above median | -7.5% |
| 2024 | $686,840 | $467,458 | $564,615 | $848,565 | ↑ Above median | -6.3% |
| 2023 | $646,152 | $503,905 | $617,035 | $919,932 | ↑ Above median | +0.9% |
| 2022 | $539,000 | $506,618 | $615,058 | $906,429 | ↓ Below median | +39.1% |
| 2021 | $426,700 | $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.