2308 BARTON VILLAGE CIR TX 78704
| Owner | LARSON CARL J III & |
|---|---|
| Parcel ID | 0401090153 |
| Short ID | 303311 |
| Type | Real |
| Use Code | 04 Fourplex |
| Valuation | Income |
| Improvement SF | 3,526 SF |
| Land SF | 9,455 SF |
| Acres | 0.217 |
| Year Built | 1968 |
| Legal | LOT 14 BLK B BARTON VILLAGE SEC 2 & RESUB LOT 3 BLK H BARTON HILLS SEC 1 |
| Neighborhood | L1005 |
| Land | $703,663 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $703,663 |
| Improvement | $294,357 |
|---|---|
| Total Improvement | $294,357 |
| Market | $998,020 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $998,020 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $998,020 |
| Taxable Value | $998,020 |
|---|
Appreciation: Market value has risen +43.0% from $697,978 (2021) to $998,020 (2025), a CAGR of 9.4% over 4 years. This is strong appreciation — well above typical inflation. 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 outpaced 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 $20,424. 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 71% of market value ($703,663 land vs $294,357 improvements), about $74/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 $998,020, 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 +9.3% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,560,491 by 2030, with an estimated annual tax burden around $29,396. 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 | 2,500 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% | $9,233.68 | $9,233.68 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $5,229.79 | $5,229.79 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,751.01 | $3,751.01 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,177.89 | $1,177.89 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,031.95 | $1,031.95 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $20,424.32 | $20,424.32 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $874,697 | $998,020 | -12.4% |
| Assessed Value | $874,697 | $998,020 | -12.4% |
| Land Value | $703,663 | $703,663 | +0.0% |
| Improvement Value | $171,034 | $294,357 | -41.9% |
| Taxable Value | $874,697 | $998,020 | -12.4% |
| Total Tax 2026 = estimate |
~$17,901
Estimated
|
~$20,424
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $998,627 | $874,697 | -123,930 (-12.4%) |
| Taxable Value | $998,627 | $874,697 | -123,930 (-12.4%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $874,697 | $703,663 | $171,034 | — | $874,697 | $874,697 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $998,020 | $703,663 | $294,357 | — | $998,020 | $998,020 | ~$20,424 | Partial |
| 2024 | $1,060,000 | — | — | −$197,500 | $862,500 | $— | $22,196 | Verified |
| 2023 | $1,197,808 | — | — | −$421,558 | $776,250 | $— | $19,178 | Verified |
| 2022 | $839,607 | — | — | — | $862,500 ! | $— | $23,656 | Verified |
| 2021 | $697,978 | — | — | −$122,978 | $575,000 | $— | $18,276 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.1% | +0.1% | ~100% | Not available | Partial |
| 2025 | -10.9% | -10.9% | ~100% | Not available | Partial |
| 2024 | -7.0% | -7.0% | ~100% | 1.9800% | Verified |
| 2023 | +0.6% | +0.6% | ~100% | 1.5900% | Verified |
| 2022 | +42.7% | +42.7% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.6200% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +18.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -12.4% | +6.7% | +12.4% | +42.7% | 2023 | -12.4% | 2026 |
| Assessment Ratio | 100.0% | 88.5% | — | 102.7% | 2022 | 64.8% | 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 |
$20,424 | $20,746 | ~$25,560 | $23,656 | 2022 | $18,276 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,091,349 | ~$1,091,349 | ~2.0139% | ~$21,979 | +9.4% |
| 2027 | ~$1,193,405 | ~$1,193,405 | ~1.9814% | ~$23,646 | +19.6% |
| 2028 | ~$1,305,006 | ~$1,305,006 | ~1.9488% | ~$25,432 | +30.8% |
| 2029 | ~$1,427,042 | ~$1,427,042 | ~1.9163% | ~$27,346 | +43.0% |
| 2030 | ~$1,560,491 | ~$1,560,491 | ~1.8837% | ~$29,396 | +56.4% |
| 2026 | ~$1,071,389 | ~$1,071,389 | ~2.0465% | ~$21,926 | +7.4% |
| 2027 | ~$1,150,151 | ~$1,150,151 | ~2.0465% | ~$23,538 | +15.2% |
| 2028 | ~$1,234,703 | ~$1,234,703 | ~2.0465% | ~$25,268 | +23.7% |
| 2029 | ~$1,325,471 | ~$1,325,471 | ~2.0465% | ~$27,126 | +32.8% |
| 2030 | ~$1,422,912 | ~$1,422,912 | ~2.0465% | ~$29,120 | +42.6% |
| 2026 | ~$1,111,309 | ~$1,097,822 | ~1.9977% | ~$21,931 | +11.4% |
| 2027 | ~$1,237,459 | ~$1,207,604 | ~1.9488% | ~$23,534 | +24.0% |
| 2028 | ~$1,377,928 | ~$1,328,365 | ~1.9000% | ~$25,239 | +38.1% |
| 2029 | ~$1,534,342 | ~$1,461,201 | ~1.8512% | ~$27,050 | +53.7% |
| 2030 | ~$1,708,511 | ~$1,607,321 | ~1.8024% | ~$28,970 | +71.2% |
In 2025, this property's market value of $998,020 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — +92% 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 | $998,020 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $1,060,000 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $1,197,808 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $839,607 | $506,618 | $615,058 | $906,429 | ↑ Above median | +39.1% |
| 2021 | $697,978 | $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.