1920 HEARTHSTONE DR TX 78757
| Owner | 2012 LETHERWOOD FAMILY TRUST |
|---|---|
| Parcel ID | 0242080708 |
| Short ID | 247075 |
| Type | Real |
| Use Code | 04 Fourplex |
| Valuation | Income |
| Improvement SF | 3,532 SF |
| Land SF | 9,350 SF |
| Acres | 0.215 |
| Year Built | 1968 |
| Legal | LOT 11 BLK G WOOTEN TERRACE SEC 3 |
| Neighborhood | Y6006 |
| Land | $337,059 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $337,059 |
| Improvement | $236,816 |
|---|---|
| Total Improvement | $236,816 |
| Market | $573,875 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $573,875 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $573,875 |
| Taxable Value | $573,875 |
|---|
Appreciation: Market value has risen +21.2% from $473,325 (2021) to $573,875 (2025), a CAGR of 4.9% 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 $11,744. 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 ($337,059 land vs $236,816 improvements), about $36/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $573,875, 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 +4.9% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $730,112 by 2030, with an estimated annual tax burden around $13,753. 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 | 3,532 SF | ✗ |
| 1ST | 1st Floor | 1,766 SF | ✓ |
| 2ND | 2nd Floor | 1,766 SF | ✓ |
| 612 | TERRACE UNCOVERD | 312 SF | ✗ |
| SO | Sketch Only | 312 SF | ✗ |
| 011 | PORCH OPEN 1ST F | 119 SF | ✗ |
| 012 | PORCH OPEN 2ND F | 119 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% | $5,309.49 | $5,309.49 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $3,007.20 | $3,007.20 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,156.88 | $2,156.88 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $677.30 | $677.30 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $593.39 | $593.39 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $11,744.26 | $11,744.26 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $711,615 | $573,875 | +24.0% |
| Assessed Value | $688,650 | $573,875 | +20.0% |
| Land Value | $207,421 | $337,059 | -38.5% |
| Improvement Value | $504,194 | $236,816 | +112.9% |
| Taxable Value | $688,650 | $573,875 | +20.0% |
| HS Cap Loss | -$22,965 | — | |
| Total Tax 2026 = estimate |
~$14,093
Estimated
|
~$11,744
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $711,615 | $711,615 | +0 (+0.0%) |
| Taxable Value | $688,650 | $688,650 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $711,615 | $207,421 | $504,194 | −$22,965 | $688,650 | $688,650 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $573,875 | $337,059 | $236,816 | — | $573,875 | $573,875 | ~$11,744 | Partial |
| 2024 | $688,604 | — | — | −$363,604 | $325,000 | $— | $13,842 | Verified |
| 2023 | $646,954 | — | — | −$321,954 | $325,000 | $— | $12,459 | Verified |
| 2022 | $576,267 | — | — | −$176,267 | $400,000 | $— | $12,777 | Verified |
| 2021 | $473,325 | — | — | −$233,325 | $240,000 | $— | $12,543 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +24.0% | +20.0% | 96.8% | Not available | Partial |
| 2025 | -17.8% | -17.8% | ~100% | Not available | Partial |
| 2024 | +1.4% | +1.4% | ~100% | 1.9800% | Verified |
| 2023 | +6.4% | +6.4% | ~100% | 1.8100% | Verified |
| 2022 | +12.3% | +12.3% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.6500% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -0.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +24.0% | +9.5% | +0.9% | +24.0% | 2026 | -16.7% | 2025 |
| Assessment Ratio | 96.8% | 69.0% | — | 100.0% | 2025 | 47.2% | 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 |
$11,744 | $12,673 | ~$12,931 | $13,842 | 2024 | $11,744 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$602,188 | ~$602,188 | ~2.0139% | ~$12,128 | +4.9% |
| 2027 | ~$631,897 | ~$631,897 | ~1.9814% | ~$12,520 | +10.1% |
| 2028 | ~$663,072 | ~$663,072 | ~1.9488% | ~$12,922 | +15.5% |
| 2029 | ~$695,785 | ~$695,785 | ~1.9163% | ~$13,333 | +21.2% |
| 2030 | ~$730,112 | ~$730,112 | ~1.8837% | ~$13,753 | +27.2% |
| 2026 | ~$590,710 | ~$590,710 | ~2.0465% | ~$12,089 | +2.9% |
| 2027 | ~$608,039 | ~$608,039 | ~2.0465% | ~$12,443 | +6.0% |
| 2028 | ~$625,876 | ~$625,876 | ~2.0465% | ~$12,808 | +9.1% |
| 2029 | ~$644,237 | ~$644,237 | ~2.0465% | ~$13,184 | +12.3% |
| 2030 | ~$663,136 | ~$663,136 | ~2.0465% | ~$13,571 | +15.6% |
| 2026 | ~$613,665 | ~$613,665 | ~1.9977% | ~$12,259 | +6.9% |
| 2027 | ~$656,214 | ~$656,214 | ~1.9488% | ~$12,789 | +14.3% |
| 2028 | ~$701,713 | ~$701,713 | ~1.9000% | ~$13,333 | +22.3% |
| 2029 | ~$750,367 | ~$750,367 | ~1.8512% | ~$13,891 | +30.8% |
| 2030 | ~$802,394 | ~$802,394 | ~1.8024% | ~$14,462 | +39.8% |
In 2025, this property's market value of $573,875 places it in the 50th–75th percentile for Multi-Family properties in Travis County (12584 comparable) — +10% 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 | $573,875 | $438,669 | $519,778 | $749,859 | ↑ Above median | -7.5% |
| 2024 | $688,604 | $467,458 | $564,615 | $848,565 | ↑ Above median | -6.3% |
| 2023 | $646,954 | $503,905 | $617,035 | $919,932 | ↑ Above median | +0.9% |
| 2022 | $576,267 | $506,618 | $615,058 | $906,429 | ↓ Below median | +39.1% |
| 2021 | $473,325 | $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.