1912 HEARTHSIDE DR TX 78757
| Owner | PICANCO PAUL & JENNIFER HNYNH |
|---|---|
| Parcel ID | 0242080804 |
| Short ID | 247114 |
| Type | Real |
| Use Code | 04 Fourplex |
| Valuation | Income |
| Improvement SF | 3,872 SF |
| Land SF | 8,050 SF |
| Acres | 0.185 |
| Year Built | 1971 |
| Legal | LOT 14 BLK F WOOTEN TERRACE SEC 3 |
| Neighborhood | Y6006 |
| Land | $330,388 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $330,388 |
| Improvement | $277,255 |
|---|---|
| Total Improvement | $277,255 |
| Market | $607,643 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $607,643 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $607,643 |
| Taxable Value | $607,643 |
|---|
Appreciation: Market value has risen +33.0% from $457,000 (2021) to $607,643 (2025), a CAGR of 7.4% 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 $12,435. 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 54% of market value ($330,388 land vs $277,255 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 $607,643, 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 +7.4% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $867,589 by 2030, with an estimated annual tax burden around $16,343. 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.
5 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 095 | HVAC RESIDENTIAL | 3,872 SF | ✗ |
| 1ST | 1st Floor | 1,936 SF | ✓ |
| 2ND | 2nd Floor | 1,936 SF | ✓ |
| 612 | TERRACE UNCOVERD | 440 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% | $5,621.91 | $5,621.91 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $3,184.15 | $3,184.15 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,283.80 | $2,283.80 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $717.16 | $717.16 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $628.30 | $628.30 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $12,435.32 | $12,435.32 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $709,477 | $607,643 | +16.8% |
| Assessed Value | $709,477 | $607,643 | +16.8% |
| Land Value | $203,316 | $330,388 | -38.5% |
| Improvement Value | $506,161 | $277,255 | +82.6% |
| Taxable Value | $709,477 | $607,643 | +16.8% |
| Total Tax 2026 = estimate |
~$14,519
Estimated
|
~$12,435
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $709,477 | $709,477 | +0 (+0.0%) |
| Taxable Value | $709,477 | $709,477 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $709,477 | $203,316 | $506,161 | — | $709,477 | $709,477 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $607,643 | $330,388 | $277,255 | — | $607,643 | $607,643 | ~$12,435 | Partial |
| 2024 | $744,775 | — | — | −$419,775 | $325,000 | $— | $14,742 | Verified |
| 2023 | $736,248 | — | — | −$411,248 | $325,000 | $— | $13,475 | Verified |
| 2022 | $597,394 | — | — | −$197,394 | $400,000 | $— | $14,540 | Verified |
| 2021 | $457,000 | — | — | −$217,000 | $240,000 | $— | $13,003 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +16.8% | +16.8% | ~100% | Not available | Partial |
| 2025 | -18.3% | -18.3% | ~100% | Not available | Partial |
| 2024 | -0.1% | -0.1% | ~100% | 1.9800% | Verified |
| 2023 | +1.2% | +1.2% | ~100% | 1.8100% | Verified |
| 2022 | +23.2% | +23.2% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.8500% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +1.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +16.8% | +10.7% | +4.3% | +30.7% | 2022 | -18.4% | 2025 |
| Assessment Ratio | 100.0% | 67.9% | — | 100.0% | 2025 | 43.6% | 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 |
$12,435 | $13,639 | ~$14,703 | $14,742 | 2024 | $12,435 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$652,502 | ~$652,502 | ~2.0139% | ~$13,141 | +7.4% |
| 2027 | ~$700,672 | ~$700,672 | ~1.9814% | ~$13,883 | +15.3% |
| 2028 | ~$752,398 | ~$752,398 | ~1.9488% | ~$14,663 | +23.8% |
| 2029 | ~$807,943 | ~$807,943 | ~1.9163% | ~$15,483 | +33.0% |
| 2030 | ~$867,589 | ~$867,589 | ~1.8837% | ~$16,343 | +42.8% |
| 2026 | ~$640,349 | ~$640,349 | ~2.0465% | ~$13,105 | +5.4% |
| 2027 | ~$674,815 | ~$674,815 | ~2.0465% | ~$13,810 | +11.1% |
| 2028 | ~$711,136 | ~$711,136 | ~2.0465% | ~$14,553 | +17.0% |
| 2029 | ~$749,412 | ~$749,412 | ~2.0465% | ~$15,337 | +23.3% |
| 2030 | ~$789,748 | ~$789,748 | ~2.0465% | ~$16,162 | +30.0% |
| 2026 | ~$664,654 | ~$664,654 | ~1.9977% | ~$13,278 | +9.4% |
| 2027 | ~$727,015 | ~$727,015 | ~1.9488% | ~$14,168 | +19.6% |
| 2028 | ~$795,226 | ~$795,226 | ~1.9000% | ~$15,109 | +30.9% |
| 2029 | ~$869,838 | ~$869,838 | ~1.8512% | ~$16,102 | +43.1% |
| 2030 | ~$951,449 | ~$951,449 | ~1.8024% | ~$17,149 | +56.6% |
In 2025, this property's market value of $607,643 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 | $607,643 | $438,669 | $519,778 | $749,859 | ↑ Above median | -7.5% |
| 2024 | $744,775 | $467,458 | $564,615 | $848,565 | ↑ Above median | -6.3% |
| 2023 | $736,248 | $503,905 | $617,035 | $919,932 | ↑ Above median | +0.9% |
| 2022 | $597,394 | $506,618 | $615,058 | $906,429 | ↓ Below median | +39.1% |
| 2021 | $457,000 | $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.