2304 BARTON VILLAGE CIR TX 78704
| Owner | MARVEL BRIAN HOM TRUST & |
|---|---|
| Parcel ID | 0401090151 |
| Short ID | 303309 |
| Type | Real |
| Use Code | 04 Fourplex |
| Valuation | Income |
| Improvement SF | 3,526 SF |
| Land SF | 19,118 SF |
| Acres | 0.439 |
| Year Built | 1968 |
| Legal | LOT 12 BLK B BARTON VILLAGE SEC 2 & RESUB LOT 3 BLK H BARTON HILLS SEC 1 |
| Neighborhood | L1005 |
| Land | $883,873 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $883,873 |
| Improvement | $226,634 |
|---|---|
| Total Improvement | $226,634 |
| Market | $1,110,507 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,110,507 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,110,507 |
| Taxable Value | $1,110,507 |
|---|
Appreciation: Market value has risen +35.0% from $822,500 (2021) to $1,110,507 (2025), a CAGR of 7.8% 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 $22,726. 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 80% of market value ($883,873 land vs $226,634 improvements), about $46/SF of land. With value concentrated in the land under a ~58-year-old structure, this reads as a land-dominated asset — the classic higher-and-best-use / redevelopment signal. Underwrite the dirt, not the building.
Submarket Position: At $1,110,507, this parcel sits in the top quartile (≥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 +7.8% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,616,230 by 2030, with an estimated annual tax burden around $30,446. 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 | 3,526 SF | ✗ |
| 551 | PAVED AREA | 3,000 SF | ✗ |
| 1ST | 1st Floor | 1,763 SF | ✓ |
| 2ND | 2nd Floor | 1,763 SF | ✓ |
| 612 | TERRACE UNCOVERD | 322 SF | ✗ |
| 581 | STORAGE ATT | 126 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% | $10,274.41 | $10,274.41 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $5,819.25 | $5,819.25 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $4,173.79 | $4,173.79 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,310.65 | $1,310.65 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,148.26 | $1,148.26 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $22,726.36 | $22,726.36 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $931,458 | $1,110,507 | -16.1% |
| Assessed Value | $931,458 | $1,110,507 | -16.1% |
| Land Value | $883,873 | $883,873 | +0.0% |
| Improvement Value | $47,585 | $226,634 | -79.0% |
| Taxable Value | $931,458 | $1,110,507 | -16.1% |
| Total Tax 2026 = estimate |
~$19,062
Estimated
|
~$22,726
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,140,431 | $931,458 | -208,973 (-18.3%) |
| Taxable Value | $1,140,431 | $931,458 | -208,973 (-18.3%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $931,458 | $883,873 | $47,585 | — | $931,458 | $931,458 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,110,507 | $883,873 | $226,634 | — | $1,110,507 | $1,110,507 | ~$22,726 | Partial |
| 2024 | $1,108,888 | — | — | −$58,888 | $1,050,000 | $— | $22,008 | Verified |
| 2023 | $1,343,139 | — | — | −$398,139 | $945,000 | $— | $20,063 | Verified |
| 2022 | $965,745 | — | — | — | $1,050,000 ! | $— | $26,526 | Verified |
| 2021 | $822,500 | — | — | −$122,500 | $700,000 | $— | $21,021 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +2.7% | +2.7% | ~100% | Not available | Partial |
| 2025 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2024 | +0.1% | +0.1% | ~100% | 1.9800% | Verified |
| 2023 | -17.4% | -17.4% | ~100% | 1.8100% | Verified |
| 2022 | +39.1% | +39.1% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.5600% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +15.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -16.1% | +4.6% | +11.9% | +39.1% | 2023 | -17.4% | 2024 |
| Assessment Ratio | 100.0% | 93.1% | — | 108.7% | 2022 | 70.4% | 2023 |
| 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 |
$22,726 | $22,469 | ~$27,192 | $26,526 | 2022 | $20,063 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,197,065 | ~$1,197,065 | ~2.0139% | ~$24,108 | +7.8% |
| 2027 | ~$1,290,369 | ~$1,290,369 | ~1.9814% | ~$25,567 | +16.2% |
| 2028 | ~$1,390,946 | ~$1,390,946 | ~1.9488% | ~$27,107 | +25.3% |
| 2029 | ~$1,499,363 | ~$1,499,363 | ~1.9163% | ~$28,732 | +35.0% |
| 2030 | ~$1,616,230 | ~$1,616,230 | ~1.8837% | ~$30,446 | +45.5% |
| 2026 | ~$1,174,855 | ~$1,174,855 | ~2.0465% | ~$24,043 | +5.8% |
| 2027 | ~$1,242,931 | ~$1,242,931 | ~2.0465% | ~$25,436 | +11.9% |
| 2028 | ~$1,314,952 | ~$1,314,952 | ~2.0465% | ~$26,910 | +18.4% |
| 2029 | ~$1,391,146 | ~$1,391,146 | ~2.0465% | ~$28,470 | +25.3% |
| 2030 | ~$1,471,755 | ~$1,471,755 | ~2.0465% | ~$30,119 | +32.5% |
| 2026 | ~$1,219,275 | ~$1,219,275 | ~1.9977% | ~$24,357 | +9.8% |
| 2027 | ~$1,338,696 | ~$1,338,696 | ~1.9488% | ~$26,089 | +20.5% |
| 2028 | ~$1,469,814 | ~$1,469,814 | ~1.9000% | ~$27,927 | +32.4% |
| 2029 | ~$1,613,774 | ~$1,613,774 | ~1.8512% | ~$29,874 | +45.3% |
| 2030 | ~$1,771,834 | ~$1,771,834 | ~1.8024% | ~$31,935 | +59.6% |
In 2025, this property's market value of $1,110,507 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — +114% 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 | $1,110,507 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $1,108,888 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $1,343,139 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $965,745 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $822,500 | $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.