2406 MISSION HILL DR TX 78741
| Owner | WHITTINGTON KEITH L & KELLY G |
|---|---|
| Parcel ID | 0311041015 |
| Short ID | 291218 |
| Type | Real |
| Use Code | 04 Fourplex |
| Valuation | Income |
| Improvement SF | 3,688 SF |
| Land SF | 8,172 SF |
| Acres | 0.188 |
| Year Built | 1969 |
| Legal | LOT 10 MISSION HILL SEC 3 |
| Neighborhood | F0786 |
| Land | $251,075 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $251,075 |
| Improvement | $478,291 |
|---|---|
| Total Improvement | $478,291 |
| Market | $729,366 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $729,366 |
| Value Limitation Adjustment (−) (homestead cap) | −$22,284 |
| Net Appraised (assessed) | $707,082 |
| Taxable Value | $707,082 |
|---|
Appreciation: Market value has risen +29.5% from $563,205 (2021) to $729,366 (2025), a CAGR of 6.7% over 4 years. This represents moderate, steady growth. Most of this growth came in a single year (2022→2023), 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 $14,470. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Assessment Gap: Assessed value ($707,082) is $22,284 below market value, suggesting potential for an upward assessment in future years.
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 34% of market value ($251,075 land vs $478,291 improvements), about $31/SF of land. Most value sits in the improvements, so building condition, age (~57 yrs), and rent roll drive the underwriting.
Submarket Position: At $729,366, 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 +6.7% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,007,614 by 2030, with an estimated annual tax burden around $18,981. 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.
10 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 095 | HVAC RESIDENTIAL | 3,688 SF | ✗ |
| 1ST | 1st Floor | 1,844 SF | ✓ |
| 2ND | 2nd Floor | 1,844 SF | ✓ |
| 551 | PAVED AREA | 1,800 SF | ✗ |
| 011 | PORCH OPEN 1ST F | 328 SF | ✗ |
| 012 | PORCH OPEN 2ND F | 328 SF | ✗ |
| 581 | STORAGE ATT | 320 SF | ✓ |
| 571 | STORAGE DET | 100 SF | ✓ |
| 251 | BATHROOM | 4 SF | ✓ |
| 413 | STAIRWAY EXT | 1 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% | $6,541.92 | $6,541.92 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $3,705.23 | $3,705.23 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,657.53 | $2,657.53 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $834.52 | $834.52 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $731.12 | $731.12 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $14,470.32 | $14,470.32 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $563,051 | $729,366 | -22.8% |
| Assessed Value | $563,051 | $707,082 | -20.4% |
| Land Value | $227,149 | $251,075 | -9.5% |
| Improvement Value | $335,902 | $478,291 | -29.8% |
| Taxable Value | $525,518 | $707,082 | -25.7% |
| Exemptions | HS | None | |
| Total Tax 2026 = estimate |
~$10,755
Estimated
|
~$14,470
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $563,051 | $563,051 | +0 (+0.0%) |
| Taxable Value | $525,518 | $525,518 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $563,051 | $227,149 | $335,902 | — | $563,051 | $525,518 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $729,366 | $251,075 | $478,291 | −$22,284 | $707,082 | $707,082 | ~$14,470 | Partial |
| 2024 | $737,034 | — | — | −$437,034 | $300,000 | $— | $11,678 | Verified |
| 2023 | $803,731 | — | — | −$628,731 | $175,000 | $— | $13,335 | Verified |
| 2022 | $542,425 | — | — | −$367,425 | $175,000 | $— | $15,873 | Verified |
| 2021 | $563,205 | — | — | −$388,205 | $175,000 | $— | $11,807 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -22.8% | -20.4% | ~100% | Not available | Partial |
| 2025 | +23.8% | +20.0% | 96.9% | Not available | Partial |
| 2024 | -20.1% | -20.1% | ~100% | 1.9800% | Verified |
| 2023 | -8.3% | -8.3% | ~100% | 1.8100% | Verified |
| 2022 | +48.2% | +48.2% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1000% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +34.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -22.8% | +2.5% | +13.0% | +48.2% | 2023 | -22.8% | 2026 |
| Assessment Ratio | 100.0% | 53.8% | — | 100.0% | 2026 | 21.8% | 2023 |
| Effective Tax Rate (2025) | 1.9800% | 1.9800% | — | 1.9800% | 2025 | 1.9800% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$14,470 | $13,433 | ~$17,289 | $15,873 | 2022 | $11,678 | 2024 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$778,064 | ~$777,790 | ~2.0139% | ~$15,664 | +6.7% |
| 2027 | ~$830,013 | ~$830,013 | ~1.9814% | ~$16,446 | +13.8% |
| 2028 | ~$885,431 | ~$885,431 | ~1.9488% | ~$17,256 | +21.4% |
| 2029 | ~$944,549 | ~$944,549 | ~1.9163% | ~$18,100 | +29.5% |
| 2030 | ~$1,007,614 | ~$1,007,614 | ~1.8837% | ~$18,981 | +38.1% |
| 2026 | ~$763,477 | ~$763,477 | ~2.0465% | ~$15,624 | +4.7% |
| 2027 | ~$799,182 | ~$799,182 | ~2.0465% | ~$16,355 | +9.6% |
| 2028 | ~$836,558 | ~$836,558 | ~2.0465% | ~$17,120 | +14.7% |
| 2029 | ~$875,682 | ~$875,682 | ~2.0465% | ~$17,921 | +20.1% |
| 2030 | ~$916,635 | ~$916,635 | ~2.0465% | ~$18,759 | +25.7% |
| 2026 | ~$792,651 | ~$777,790 | ~1.9977% | ~$15,538 | +8.7% |
| 2027 | ~$861,428 | ~$855,569 | ~1.9488% | ~$16,674 | +18.1% |
| 2028 | ~$936,171 | ~$936,171 | ~1.9000% | ~$17,787 | +28.4% |
| 2029 | ~$1,017,401 | ~$1,017,401 | ~1.8512% | ~$18,834 | +39.5% |
| 2030 | ~$1,105,678 | ~$1,105,678 | ~1.8024% | ~$19,928 | +51.6% |
In 2025, this property's market value of $729,366 places it in the 50th–75th percentile for Multi-Family properties in Travis County (12584 comparable) — +40% 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 | $729,366 | $438,669 | $519,778 | $749,859 | ↑ Above median | -7.5% |
| 2024 | $737,034 | $467,458 | $564,615 | $848,565 | ↑ Above median | -6.3% |
| 2023 | $803,731 | $503,905 | $617,035 | $919,932 | ↑ Above median | +0.9% |
| 2022 | $542,425 | $506,618 | $615,058 | $906,429 | ↓ Below median | +39.1% |
| 2021 | $563,205 | $300,453 | $376,850 | $539,896 | ↑ Top 25% | 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.