1915 HEARTHSTONE DR TX 78757
| Owner | JALADI KISHORE & |
|---|---|
| Parcel ID | 0242080810 |
| Short ID | 247120 |
| Type | Real |
| Use Code | 04 Fourplex |
| Valuation | Income |
| Improvement SF | 3,520 SF |
| Land SF | 8,050 SF |
| Acres | 0.185 |
| Year Built | 1969 |
| Legal | LOT 3 BLK F WOOTEN TERRACE SEC 3 |
| Neighborhood | Y6006 |
| Land | $330,388 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $330,388 |
| Improvement | $287,868 |
|---|---|
| Total Improvement | $287,868 |
| Market | $618,256 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $618,256 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $618,256 |
| Taxable Value | $618,256 |
|---|
Appreciation: Market value has risen +31.3% from $470,771 (2021) to $618,256 (2025), a CAGR of 7.1% 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 $12,653. 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 53% of market value ($330,388 land vs $287,868 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 $618,256, 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 $869,194 by 2030, with an estimated annual tax burden around $16,373. 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 | 3,520 SF | ✗ |
| 1ST | 1st Floor | 1,760 SF | ✓ |
| 2ND | 2nd Floor | 1,760 SF | ✓ |
| SO | Sketch Only | 570 SF | ✗ |
| 612 | TERRACE UNCOVERD | 440 SF | ✗ |
| 581 | STORAGE ATT | 130 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% | $5,720.10 | $5,720.10 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $3,239.77 | $3,239.77 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,323.68 | $2,323.68 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $729.68 | $729.68 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $639.28 | $639.28 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $12,652.51 | $12,652.51 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $704,263 | $618,256 | +13.9% |
| Assessed Value | $704,263 | $618,256 | +13.9% |
| Land Value | $203,316 | $330,388 | -38.5% |
| Improvement Value | $500,947 | $287,868 | +74.0% |
| Taxable Value | $704,263 | $618,256 | +13.9% |
| Total Tax 2026 = estimate |
~$14,413
Estimated
|
~$12,653
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $704,263 | $704,263 | +0 (+0.0%) |
| Taxable Value | $704,263 | $704,263 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $704,263 | $203,316 | $500,947 | — | $704,263 | $704,263 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $618,256 | $330,388 | $287,868 | — | $618,256 | $618,256 | ~$12,653 | Partial |
| 2024 | $766,344 | — | — | −$441,344 | $325,000 | $— | $14,884 | Verified |
| 2023 | $719,043 | — | — | −$394,043 | $325,000 | $— | $13,865 | Verified |
| 2022 | $575,769 | — | — | −$175,769 | $400,000 | $— | $14,201 | Verified |
| 2021 | $470,771 | — | — | −$230,771 | $240,000 | $— | $12,533 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +13.9% | +13.9% | ~100% | Not available | Partial |
| 2025 | -17.7% | -17.7% | ~100% | Not available | Partial |
| 2024 | -2.0% | -2.0% | ~100% | 1.9800% | Verified |
| 2023 | +6.6% | +6.6% | ~100% | 1.8100% | Verified |
| 2022 | +24.9% | +24.9% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.6600% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +7.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +13.9% | +9.7% | +4.4% | +24.9% | 2023 | -19.3% | 2025 |
| Assessment Ratio | 100.0% | 68.0% | — | 100.0% | 2025 | 42.4% | 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 |
$12,653 | $13,627 | ~$14,816 | $14,884 | 2024 | $12,533 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$661,848 | ~$661,848 | ~2.0139% | ~$13,329 | +7.1% |
| 2027 | ~$708,513 | ~$708,513 | ~1.9814% | ~$14,038 | +14.6% |
| 2028 | ~$758,468 | ~$758,468 | ~1.9488% | ~$14,781 | +22.7% |
| 2029 | ~$811,946 | ~$811,946 | ~1.9163% | ~$15,559 | +31.3% |
| 2030 | ~$869,194 | ~$869,194 | ~1.8837% | ~$16,373 | +40.6% |
| 2026 | ~$649,482 | ~$649,482 | ~2.0465% | ~$13,292 | +5.1% |
| 2027 | ~$682,286 | ~$682,286 | ~2.0465% | ~$13,963 | +10.4% |
| 2028 | ~$716,747 | ~$716,747 | ~2.0465% | ~$14,668 | +15.9% |
| 2029 | ~$752,948 | ~$752,948 | ~2.0465% | ~$15,409 | +21.8% |
| 2030 | ~$790,977 | ~$790,977 | ~2.0465% | ~$16,187 | +27.9% |
| 2026 | ~$674,213 | ~$674,213 | ~1.9977% | ~$13,468 | +9.1% |
| 2027 | ~$735,234 | ~$735,234 | ~1.9488% | ~$14,329 | +18.9% |
| 2028 | ~$801,778 | ~$801,778 | ~1.9000% | ~$15,234 | +29.7% |
| 2029 | ~$874,345 | ~$874,345 | ~1.8512% | ~$16,186 | +41.4% |
| 2030 | ~$953,479 | ~$953,479 | ~1.8024% | ~$17,185 | +54.2% |
In 2025, this property's market value of $618,256 places it in the 50th–75th percentile for Multi-Family properties in Travis County (12584 comparable) — +19% 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 | $618,256 | $438,669 | $519,778 | $749,859 | ↑ Above median | -7.5% |
| 2024 | $766,344 | $467,458 | $564,615 | $848,565 | ↑ Above median | -6.3% |
| 2023 | $719,043 | $503,905 | $617,035 | $919,932 | ↑ Above median | +0.9% |
| 2022 | $575,769 | $506,618 | $615,058 | $906,429 | ↓ Below median | +39.1% |
| 2021 | $470,771 | $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.