1916 HEARTHSTONE DR TX 78757
| Owner | HUQ PROFESSIONAL EYE SERVICES |
|---|---|
| Parcel ID | 0242080706 |
| Short ID | 247073 |
| Type | Real |
| Use Code | 04 Fourplex |
| Valuation | Income |
| Improvement SF | 3,030 SF |
| Land SF | 10,115 SF |
| Acres | 0.232 |
| Year Built | 1968 |
| Legal | LOT 9 BLK G WOOTEN TERRACE SEC 3 |
| Neighborhood | Y6006 |
| Land | $340,985 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $340,985 |
| Improvement | $213,084 |
|---|---|
| Total Improvement | $213,084 |
| Market | $554,069 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $554,069 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $554,069 |
| Taxable Value | $554,069 |
|---|
Appreciation: Market value has risen +24.2% from $445,983 (2021) to $554,069 (2025), a CAGR of 5.6% over 4 years. This represents moderate, steady growth. Growth has been fairly evenly spread across these years rather than concentrated in one jump. 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 $11,339. 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 62% of market value ($340,985 land vs $213,084 improvements), about $34/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $554,069, 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 +5.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $726,726 by 2030, with an estimated annual tax burden around $13,690. 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 |
|---|---|---|---|
| 1ST | 1st Floor | 3,030 SF | ✓ |
| 095 | HVAC RESIDENTIAL | 3,030 SF | ✗ |
| SO | Sketch Only | 831 SF | ✗ |
| 011 | PORCH OPEN 1ST F | 555 SF | ✗ |
| 581 | STORAGE ATT | 285 SF | ✓ |
| 251 | BATHROOM | 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% | $5,126.25 | $5,126.25 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $2,903.42 | $2,903.42 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,082.44 | $2,082.44 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $653.93 | $653.93 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $572.91 | $572.91 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $11,338.95 | $11,338.95 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $592,112 | $554,069 | +6.9% |
| Assessed Value | $592,112 | $554,069 | +6.9% |
| Land Value | $209,837 | $340,985 | -38.5% |
| Improvement Value | $382,275 | $213,084 | +79.4% |
| Taxable Value | $592,112 | $554,069 | +6.9% |
| Total Tax 2026 = estimate |
~$12,117
Estimated
|
~$11,339
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $687,064 | $592,112 | -94,952 (-13.8%) |
| Taxable Value | $664,883 | $592,112 | -72,771 (-10.9%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $592,112 | $209,837 | $382,275 | — | $592,112 | $592,112 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $554,069 | $340,985 | $213,084 | — | $554,069 | $554,069 | ~$11,339 | Partial |
| 2024 | $678,096 | — | — | −$353,096 | $325,000 | $— | $12,962 | Verified |
| 2023 | $615,591 | — | — | −$290,591 | $325,000 | $— | $12,268 | Verified |
| 2022 | $524,400 | — | — | −$124,400 | $400,000 | $— | $12,157 | Verified |
| 2021 | $445,983 | — | — | −$205,983 | $240,000 | $— | $11,414 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +24.0% | +20.0% | 96.8% | Not available | Partial |
| 2025 | -15.3% | -15.3% | ~100% | Not available | Partial |
| 2024 | -3.5% | -3.5% | ~100% | 1.9800% | Verified |
| 2023 | +10.2% | +10.2% | ~100% | 1.8100% | Verified |
| 2022 | +17.4% | +17.4% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.5600% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +5.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +6.9% | +6.8% | +4.2% | +17.6% | 2022 | -18.3% | 2025 |
| Assessment Ratio | 100.0% | 71.8% | — | 100.0% | 2025 | 47.9% | 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 |
$11,339 | $12,028 | ~$12,721 | $12,962 | 2024 | $11,339 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$584,959 | ~$584,959 | ~2.0139% | ~$11,781 | +5.6% |
| 2027 | ~$617,571 | ~$617,571 | ~1.9814% | ~$12,236 | +11.5% |
| 2028 | ~$652,001 | ~$652,001 | ~1.9488% | ~$12,706 | +17.7% |
| 2029 | ~$688,350 | ~$688,350 | ~1.9163% | ~$13,191 | +24.2% |
| 2030 | ~$726,726 | ~$726,726 | ~1.8837% | ~$13,690 | +31.2% |
| 2026 | ~$573,877 | ~$573,877 | ~2.0465% | ~$11,744 | +3.6% |
| 2027 | ~$594,394 | ~$594,394 | ~2.0465% | ~$12,164 | +7.3% |
| 2028 | ~$615,644 | ~$615,644 | ~2.0465% | ~$12,599 | +11.1% |
| 2029 | ~$637,654 | ~$637,654 | ~2.0465% | ~$13,049 | +15.1% |
| 2030 | ~$660,450 | ~$660,450 | ~2.0465% | ~$13,516 | +19.2% |
| 2026 | ~$596,040 | ~$596,040 | ~1.9977% | ~$11,907 | +7.6% |
| 2027 | ~$641,191 | ~$641,191 | ~1.9488% | ~$12,496 | +15.7% |
| 2028 | ~$689,761 | ~$689,761 | ~1.9000% | ~$13,106 | +24.5% |
| 2029 | ~$742,011 | ~$742,011 | ~1.8512% | ~$13,736 | +33.9% |
| 2030 | ~$798,219 | ~$798,219 | ~1.8024% | ~$14,387 | +44.1% |
In 2025, this property's market value of $554,069 places it in the 50th–75th percentile for Multi-Family properties in Travis County (12584 comparable) — +7% 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 | $554,069 | $438,669 | $519,778 | $749,859 | ↑ Above median | -7.5% |
| 2024 | $678,096 | $467,458 | $564,615 | $848,565 | ↑ Above median | -6.3% |
| 2023 | $615,591 | $503,905 | $617,035 | $919,932 | ↓ Below median | +0.9% |
| 2022 | $524,400 | $506,618 | $615,058 | $906,429 | ↓ Below median | +39.1% |
| 2021 | $445,983 | $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.