1909 HEARTHSTONE DR TX 78757
| Owner | MUNIRATHINAM KRISHNAKUMAR |
|---|---|
| Parcel ID | 0242080813 |
| Short ID | 247123 |
| Type | Real |
| Use Code | 04 Fourplex |
| Valuation | Income |
| Improvement SF | 4,050 SF |
| Land SF | 8,050 SF |
| Acres | 0.185 |
| Year Built | 1978 |
| Legal | LOT 6 BLK F WOOTEN TERRACE SEC 3 |
| Neighborhood | Y6006 |
| Land | $330,388 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $330,388 |
| Improvement | $269,672 |
|---|---|
| Total Improvement | $269,672 |
| Market | $600,060 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $600,060 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $600,060 |
| Taxable Value | $600,060 |
|---|
Appreciation: Market value has risen +17.0% from $512,654 (2021) to $600,060 (2025), a CAGR of 4.0% over 4 years. Growth has been relatively flat for this asset class. 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 $12,280. 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 55% of market value ($330,388 land vs $269,672 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 $600,060, 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 +4.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $730,563 by 2030, with an estimated annual tax burden around $13,762. 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 |
|---|---|---|---|
| 095 | HVAC RESIDENTIAL | 4,050 SF | ✗ |
| 1ST | 1st Floor | 2,025 SF | ✓ |
| 2ND | 2nd Floor | 2,025 SF | ✓ |
| 612 | TERRACE UNCOVERD | 304 SF | ✗ |
| SO | Sketch Only | 304 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% | $5,551.76 | $5,551.76 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $3,144.42 | $3,144.42 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,255.30 | $2,255.30 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $708.21 | $708.21 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $620.46 | $620.46 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $12,280.15 | $12,280.15 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $769,548 | $600,060 | +28.2% |
| Assessed Value | $720,072 | $600,060 | +20.0% |
| Land Value | $203,316 | $330,388 | -38.5% |
| Improvement Value | $566,232 | $269,672 | +110.0% |
| Taxable Value | $720,072 | $600,060 | +20.0% |
| HS Cap Loss | -$49,476 | — | |
| Total Tax 2026 = estimate |
~$14,736
Estimated
|
~$12,280
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $769,548 | $769,548 | +0 (+0.0%) |
| Taxable Value | $720,072 | $720,072 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $769,548 | $203,316 | $566,232 | −$49,476 | $720,072 | $720,072 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $600,060 | $330,388 | $269,672 | — | $600,060 | $600,060 | ~$12,280 | Partial |
| 2024 | $741,259 | — | — | −$416,259 | $325,000 | $— | $15,062 | Verified |
| 2023 | $726,000 | — | — | −$401,000 | $325,000 | $— | $13,411 | Verified |
| 2022 | $617,444 | — | — | −$217,444 | $400,000 | $— | $14,338 | Verified |
| 2021 | $512,654 | — | — | −$272,654 | $240,000 | $— | $13,440 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +28.2% | +20.0% | 93.6% | Not available | Partial |
| 2025 | -21.0% | -21.0% | ~100% | Not available | Partial |
| 2024 | +2.5% | +2.5% | ~100% | 1.9800% | Verified |
| 2023 | +2.1% | +2.1% | ~100% | 1.8100% | Verified |
| 2022 | +17.6% | +17.6% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.6200% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -2.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +28.2% | +9.9% | -0.6% | +28.2% | 2026 | -19.0% | 2025 |
| Assessment Ratio | 93.6% | 65.6% | — | 100.0% | 2025 | 43.8% | 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 |
$12,280 | $13,706 | ~$13,163 | $15,062 | 2024 | $12,280 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$624,148 | ~$624,148 | ~2.0139% | ~$12,570 | +4.0% |
| 2027 | ~$649,202 | ~$649,202 | ~1.9814% | ~$12,863 | +8.2% |
| 2028 | ~$675,262 | ~$675,262 | ~1.9488% | ~$13,160 | +12.5% |
| 2029 | ~$702,368 | ~$702,368 | ~1.9163% | ~$13,459 | +17.0% |
| 2030 | ~$730,563 | ~$730,563 | ~1.8837% | ~$13,762 | +21.7% |
| 2026 | ~$612,146 | ~$612,146 | ~2.0465% | ~$12,527 | +2.0% |
| 2027 | ~$624,476 | ~$624,476 | ~2.0465% | ~$12,780 | +4.1% |
| 2028 | ~$637,054 | ~$637,054 | ~2.0465% | ~$13,037 | +6.2% |
| 2029 | ~$649,886 | ~$649,886 | ~2.0465% | ~$13,300 | +8.3% |
| 2030 | ~$662,976 | ~$662,976 | ~2.0465% | ~$13,568 | +10.5% |
| 2026 | ~$636,149 | ~$636,149 | ~1.9977% | ~$12,708 | +6.0% |
| 2027 | ~$674,408 | ~$674,408 | ~1.9488% | ~$13,143 | +12.4% |
| 2028 | ~$714,968 | ~$714,968 | ~1.9000% | ~$13,585 | +19.1% |
| 2029 | ~$757,968 | ~$757,968 | ~1.8512% | ~$14,031 | +26.3% |
| 2030 | ~$803,553 | ~$803,553 | ~1.8024% | ~$14,483 | +33.9% |
In 2025, this property's market value of $600,060 places it in the 50th–75th percentile for Multi-Family properties in Travis County (12584 comparable) — +15% 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 | $600,060 | $438,669 | $519,778 | $749,859 | ↑ Above median | -7.5% |
| 2024 | $741,259 | $467,458 | $564,615 | $848,565 | ↑ Above median | -6.3% |
| 2023 | $726,000 | $503,905 | $617,035 | $919,932 | ↑ Above median | +0.9% |
| 2022 | $617,444 | $506,618 | $615,058 | $906,429 | ↑ Above median | +39.1% |
| 2021 | $512,654 | $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.