1908 HEARTHSTONE DR TX 78757
| Owner | M & B YBL X LLC |
|---|---|
| Parcel ID | 0242080702 |
| Short ID | 247069 |
| Type | Real |
| Use Code | 04 Fourplex |
| Valuation | Income |
| Improvement SF | 4,048 SF |
| Land SF | 8,120 SF |
| Acres | 0.186 |
| Year Built | 1969 |
| Legal | LOT 5 BLK G WOOTEN TERRACE SEC 3 |
| Neighborhood | Y6006 |
| Land | $330,747 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $330,747 |
| Improvement | $332,199 |
|---|---|
| Total Improvement | $332,199 |
| Market | $662,946 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $662,946 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $662,946 |
| Taxable Value | $662,946 |
|---|
Appreciation: Market value has risen +29.6% from $511,365 (2021) to $662,946 (2025), a CAGR of 6.7% 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 $13,567. 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 50% of market value ($330,747 land vs $332,199 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 $662,946, 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 +6.7% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $917,090 by 2030, with an estimated annual tax burden around $17,276. 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 | 4,048 SF | ✗ |
| 1ST | 1st Floor | 2,024 SF | ✓ |
| 2ND | 2nd Floor | 2,024 SF | ✓ |
| 612 | TERRACE UNCOVERD | 252 SF | ✗ |
| 613 | TERRACE COVERED | 252 SF | ✗ |
| 581 | STORAGE ATT | 81 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% | $6,133.58 | $6,133.58 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $3,473.95 | $3,473.95 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,491.65 | $2,491.65 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $782.43 | $782.43 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $685.49 | $685.49 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $13,567.10 | $13,567.10 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $781,522 | $662,946 | +17.9% |
| Assessed Value | $781,522 | $662,946 | +17.9% |
| Land Value | $203,537 | $330,747 | -38.5% |
| Improvement Value | $577,985 | $332,199 | +74.0% |
| Taxable Value | $781,522 | $662,946 | +17.9% |
| Total Tax 2026 = estimate |
~$15,994
Estimated
|
~$13,567
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $781,522 | $781,522 | +0 (+0.0%) |
| Taxable Value | $781,522 | $781,522 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $781,522 | $203,537 | $577,985 | — | $781,522 | $781,522 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $662,946 | $330,747 | $332,199 | — | $662,946 | $662,946 | ~$13,567 | Partial |
| 2024 | $824,167 | — | — | −$499,167 | $325,000 | $— | $16,258 | Verified |
| 2023 | $813,996 | — | — | −$488,996 | $325,000 | $— | $14,911 | Verified |
| 2022 | $608,400 | — | — | −$208,400 | $400,000 | $— | $16,076 | Verified |
| 2021 | $511,365 | — | — | −$271,365 | $240,000 | $— | $13,243 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +17.9% | +17.9% | ~100% | Not available | Partial |
| 2025 | -19.2% | -19.2% | ~100% | Not available | Partial |
| 2024 | -0.5% | -0.5% | ~100% | 1.9800% | Verified |
| 2023 | +1.2% | +1.2% | ~100% | 1.8100% | Verified |
| 2022 | +20.2% | +20.2% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.5900% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -2.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +17.9% | +10.5% | +3.5% | +33.8% | 2023 | -19.6% | 2025 |
| Assessment Ratio | 100.0% | 65.3% | — | 100.0% | 2025 | 39.4% | 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 |
$13,567 | $14,811 | ~$15,729 | $16,258 | 2024 | $13,243 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$707,400 | ~$707,400 | ~2.0139% | ~$14,247 | +6.7% |
| 2027 | ~$754,834 | ~$754,834 | ~1.9814% | ~$14,956 | +13.9% |
| 2028 | ~$805,450 | ~$805,450 | ~1.9488% | ~$15,697 | +21.5% |
| 2029 | ~$859,459 | ~$859,459 | ~1.9163% | ~$16,470 | +29.6% |
| 2030 | ~$917,090 | ~$917,090 | ~1.8837% | ~$17,276 | +38.3% |
| 2026 | ~$694,141 | ~$694,141 | ~2.0465% | ~$14,205 | +4.7% |
| 2027 | ~$726,804 | ~$726,804 | ~2.0465% | ~$14,874 | +9.6% |
| 2028 | ~$761,003 | ~$761,003 | ~2.0465% | ~$15,574 | +14.8% |
| 2029 | ~$796,812 | ~$796,812 | ~2.0465% | ~$16,307 | +20.2% |
| 2030 | ~$834,306 | ~$834,306 | ~2.0465% | ~$17,074 | +25.8% |
| 2026 | ~$720,659 | ~$720,659 | ~1.9977% | ~$14,396 | +8.7% |
| 2027 | ~$783,396 | ~$783,396 | ~1.9488% | ~$15,267 | +18.2% |
| 2028 | ~$851,594 | ~$851,594 | ~1.9000% | ~$16,180 | +28.5% |
| 2029 | ~$925,730 | ~$925,730 | ~1.8512% | ~$17,137 | +39.6% |
| 2030 | ~$1,006,319 | ~$1,006,319 | ~1.8024% | ~$18,138 | +51.8% |
In 2025, this property's market value of $662,946 places it in the 50th–75th percentile for Multi-Family properties in Travis County (12584 comparable) — +28% 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 | $662,946 | $438,669 | $519,778 | $749,859 | ↑ Above median | -7.5% |
| 2024 | $824,167 | $467,458 | $564,615 | $848,565 | ↑ Above median | -6.3% |
| 2023 | $813,996 | $503,905 | $617,035 | $919,932 | ↑ Above median | +0.9% |
| 2022 | $608,400 | $506,618 | $615,058 | $906,429 | ↓ Below median | +39.1% |
| 2021 | $511,365 | $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.