3306 WESTHILL DR TX 78704
| Owner | SHAW ROBERT E |
|---|---|
| Parcel ID | 0402110216 |
| Short ID | 304162 |
| Type | Real |
| Use Code | 02 Duplex |
| Valuation | Cost |
| Improvement SF | 1,704 SF |
| Land SF | 16,350 SF |
| Acres | 0.375 |
| Year Built | 1959 |
| Legal | LOT 112 WEST PARK ADDN |
| Neighborhood | L1005 |
| Land | $988,131 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $988,131 |
| Improvement | $42,293 |
|---|---|
| Total Improvement | $42,293 |
| Market | $1,030,424 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,030,424 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,030,424 |
| Taxable Value | $1,030,424 |
|---|
Appreciation: Market value has risen +46.7% from $702,590 (2021) to $1,030,424 (2025), a CAGR of 10.0% 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 $21,087. 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 cost approach, tied more to replacement cost and physical condition than to income performance.
Value Composition: Land carries 96% of market value ($988,131 land vs $42,293 improvements), about $60/SF of land. With value concentrated in the land under a ~67-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 $1,030,424, 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 +10.1% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,663,062 by 2030, with an estimated annual tax burden around $31,261. 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.
8 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 1,704 SF | ✓ |
| 095 | HVAC RESIDENTIAL | 1,704 SF | ✗ |
| 061 | CARPORT ATT 1ST | 444 SF | ✗ |
| 612 | TERRACE UNCOVERD | 128 SF | ✗ |
| 011 | PORCH OPEN 1ST F | 99 SF | ✗ |
| 571 | STORAGE DET | 96 SF | ✓ |
| 581 | STORAGE ATT | 84 SF | ✓ |
| 251 | BATHROOM | 2 SF | ✓ |
Market value changed by 126% in 2022, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| 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% | $9,533.48 | $9,533.48 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $5,399.60 | $5,399.60 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,872.80 | $3,872.80 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,216.14 | $1,216.14 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,065.46 | $1,065.46 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $21,087.48 | $21,087.48 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $988,132 | $1,030,424 | -4.1% |
| Assessed Value | $988,132 | $1,030,424 | -4.1% |
| Land Value | $988,131 | $988,131 | +0.0% |
| Improvement Value | $1 | $42,293 | -100.0% |
| Taxable Value | $988,132 | $1,030,424 | -4.1% |
| Total Tax 2026 = estimate |
~$20,222
Estimated
|
~$21,087
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,156,135 | $988,132 | -168,003 (-14.5%) |
| Taxable Value | $1,156,135 | $988,132 | -168,003 (-14.5%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $988,132 | $988,131 | $1 | — | $988,132 | $988,132 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,030,424 | $988,131 | $42,293 | — | $1,030,424 | $1,030,424 | ~$21,087 | Partial |
| 2024 | $1,300,000 | — | — | — | $1,370,000 ! | $— | $27,151 | Verified |
| 2023 | $1,847,852 | — | — | −$547,852 | $1,300,000 | $— | $23,520 | Verified |
| 2022 | $817,100 | — | — | — | $1,543,750 ! | $— | $36,494 | Verified |
| 2021 | $702,590 | — | — | −$11,965 | $690,625 | $— | $17,786 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +12.2% | +12.2% | ~100% | Not available | Partial |
| 2025 | -36.5% | -33.9% | ~100% | Not available | Partial |
| 2024 | +24.9% | +20.0% | 96.1% | 1.6700% | Verified |
| 2023 | -29.6% | -29.6% | ~100% | 1.8100% | Verified |
| 2022 | +126.1% ! | +126.1% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.5300% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +26.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -4.1% | +17.6% | +11.0% | +126.1% | 2023 | -29.6% | 2024 |
| Assessment Ratio | 100.0% | 110.5% | — | 188.9% | 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 |
$21,087 | $25,208 | ~$26,886 | $36,494 | 2022 | $17,786 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,133,951 | ~$1,133,466 | ~2.0139% | ~$22,827 | +10.0% |
| 2027 | ~$1,247,880 | ~$1,246,813 | ~1.9814% | ~$24,704 | +21.1% |
| 2028 | ~$1,373,256 | ~$1,371,494 | ~1.9488% | ~$26,728 | +33.3% |
| 2029 | ~$1,511,228 | ~$1,508,644 | ~1.9163% | ~$28,910 | +46.7% |
| 2030 | ~$1,663,062 | ~$1,659,508 | ~1.8837% | ~$31,261 | +61.4% |
| 2026 | ~$1,113,343 | ~$1,113,343 | ~2.0465% | ~$22,784 | +8.0% |
| 2027 | ~$1,202,935 | ~$1,202,935 | ~2.0465% | ~$24,618 | +16.7% |
| 2028 | ~$1,299,736 | ~$1,299,736 | ~2.0465% | ~$26,599 | +26.1% |
| 2029 | ~$1,404,326 | ~$1,404,326 | ~2.0465% | ~$28,739 | +36.3% |
| 2030 | ~$1,517,333 | ~$1,517,333 | ~2.0465% | ~$31,052 | +47.3% |
| 2026 | ~$1,154,560 | ~$1,133,466 | ~1.9977% | ~$22,643 | +12.0% |
| 2027 | ~$1,293,651 | ~$1,246,813 | ~1.9488% | ~$24,298 | +25.5% |
| 2028 | ~$1,449,498 | ~$1,371,494 | ~1.9000% | ~$26,059 | +40.7% |
| 2029 | ~$1,624,120 | ~$1,508,644 | ~1.8512% | ~$27,928 | +57.6% |
| 2030 | ~$1,819,779 | ~$1,659,508 | ~1.8024% | ~$29,910 | +76.6% |
In 2025, this property's market value of $1,030,424 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — +98% 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 | $1,030,424 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $1,300,000 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $1,847,852 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $817,100 | $506,618 | $615,058 | $906,429 | ↑ Above median | +39.1% |
| 2021 | $702,590 | $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.