2330 WESTFOREST DR TX 78704
| Owner | 12308 RR 620 LLC |
|---|---|
| Parcel ID | 0403100714 |
| Short ID | 305413 |
| Type | Real |
| Use Code | 02 Duplex |
| Valuation | Cost |
| Improvement SF | 3,058 SF |
| Land SF | 11,190 SF |
| Acres | 0.257 |
| Year Built | 2016 |
| Legal | LOT 88 WEST PARK ADDN |
| Neighborhood | L1005 |
| Land | $653,057 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $653,057 |
| Improvement | $336,352 |
|---|---|
| Total Improvement | $336,352 |
| Market | $989,409 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $989,409 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $989,409 |
| Taxable Value | $989,409 |
|---|
Appreciation: Market value has risen +57.9% from $626,660 (2021) to $989,409 (2025), a CAGR of 12.1% 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 $20,248. 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 66% of market value ($653,057 land vs $336,352 improvements), about $58/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $989,409, 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 +12.1% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,751,079 by 2030, with an estimated annual tax burden around $30,017. 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 | 3,058 SF | ✗ |
| 2ND | 2nd Floor | 1,604 SF | ✓ |
| 1ST | 1st Floor | 1,454 SF | ✓ |
| 612 | TERRACE UNCOVERD | 460 SF | ✗ |
| 012 | PORCH OPEN 2ND F | 261 SF | ✗ |
| 061 | CARPORT ATT 1ST | 240 SF | ✗ |
| 011 | PORCH OPEN 1ST F | 170 SF | ✗ |
| 581 | STORAGE ATT | 90 SF | ✓ |
| 251 | BATHROOM | 2 SF | ✓ |
| 522 | FIREPLACE | 1 SF | ✓ |
Market value changed by 122% 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% | $9,154.01 | $9,154.01 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $5,184.67 | $5,184.67 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,718.64 | $3,718.64 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,167.73 | $1,167.73 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,023.05 | $1,023.05 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $20,248.10 | $20,248.10 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $877,273 | $989,409 | -11.3% |
| Assessed Value | $877,273 | $989,409 | -11.3% |
| Land Value | $653,057 | $653,057 | +0.0% |
| Improvement Value | $224,216 | $336,352 | -33.3% |
| Taxable Value | $877,273 | $989,409 | -11.3% |
| Total Tax 2026 = estimate |
~$17,953
Estimated
|
~$20,248
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,006,740 | $877,273 | -129,467 (-12.9%) |
| Taxable Value | $1,006,740 | $877,273 | -129,467 (-12.9%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $877,273 | $653,057 | $224,216 | — | $877,273 | $877,273 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $989,409 | $653,057 | $336,352 | — | $989,409 | $989,409 | ~$20,248 | Partial |
| 2024 | $1,525,000 | — | — | −$625,000 | $900,000 | $— | $22,104 | Verified |
| 2023 | $1,708,490 | — | — | −$758,490 | $950,000 | $— | $27,591 | Verified |
| 2022 | $770,000 | — | — | — | $950,000 ! | $— | $7,971 | Verified |
| 2021 | $626,660 | — | — | −$201,660 | $425,000 | $— | $8,070 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +1.8% | +1.8% | ~100% | Not available | Partial |
| 2025 | -11.3% | -11.3% | ~100% | Not available | Partial |
| 2024 | -26.9% | -26.9% | ~100% | 1.9800% | Verified |
| 2023 | -10.7% | +138.9% | ~100% | 1.8100% | Verified |
| 2022 | +121.9% ! | +10.0% | 37.4% | 0.4700% | Verified |
| 2021 | base year | — | 75.4% | 1.2900% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +28.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -11.3% | +17.5% | +15.0% | +121.9% | 2023 | -35.1% | 2025 |
| Assessment Ratio | 100.0% | 84.3% | — | 123.4% | 2022 | 55.6% | 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 |
$20,248 | $17,197 | ~$25,816 | $27,591 | 2023 | $7,971 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,109,077 | ~$1,088,350 | ~2.0139% | ~$21,919 | +12.1% |
| 2027 | ~$1,243,219 | ~$1,197,185 | ~1.9814% | ~$23,721 | +25.7% |
| 2028 | ~$1,393,586 | ~$1,316,903 | ~1.9488% | ~$25,664 | +40.9% |
| 2029 | ~$1,562,139 | ~$1,448,594 | ~1.9163% | ~$27,759 | +57.9% |
| 2030 | ~$1,751,079 | ~$1,593,453 | ~1.8837% | ~$30,017 | +77.0% |
| 2026 | ~$1,089,289 | ~$1,088,350 | ~2.0465% | ~$22,273 | +10.1% |
| 2027 | ~$1,199,252 | ~$1,197,185 | ~2.0465% | ~$24,500 | +21.2% |
| 2028 | ~$1,320,316 | ~$1,316,903 | ~2.0465% | ~$26,950 | +33.4% |
| 2029 | ~$1,453,601 | ~$1,448,594 | ~2.0465% | ~$29,645 | +46.9% |
| 2030 | ~$1,600,341 | ~$1,593,453 | ~2.0465% | ~$32,610 | +61.7% |
| 2026 | ~$1,128,866 | ~$1,088,350 | ~1.9977% | ~$21,742 | +14.1% |
| 2027 | ~$1,287,978 | ~$1,197,185 | ~1.9488% | ~$23,331 | +30.2% |
| 2028 | ~$1,469,518 | ~$1,316,903 | ~1.9000% | ~$25,021 | +48.5% |
| 2029 | ~$1,676,645 | ~$1,448,594 | ~1.8512% | ~$26,816 | +69.5% |
| 2030 | ~$1,912,967 | ~$1,593,453 | ~1.8024% | ~$28,720 | +93.3% |
In 2025, this property's market value of $989,409 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — +90% 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 | $989,409 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $1,525,000 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $1,708,490 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $770,000 | $506,618 | $615,058 | $906,429 | ↑ Above median | +39.1% |
| 2021 | $626,660 | $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.