3438 WILLOWRUN DR TX 78704
| Owner | 3438 WILLOWRUN DRIVE SERIES |
|---|---|
| Parcel ID | 0410010415 |
| Short ID | 313559 |
| Type | Real |
| Use Code | 04 Fourplex |
| Valuation | Income |
| Improvement SF | 2,886 SF |
| Land SF | 8,462 SF |
| Acres | 0.194 |
| Year Built | 1972 |
| Legal | LOT 15 BLK A WILLOW SPRINGS SEC 1 |
| Neighborhood | K2006 |
| Land | $398,077 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $398,077 |
| Improvement | $310,719 |
|---|---|
| Total Improvement | $310,719 |
| Market | $708,796 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $708,796 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $708,796 |
| Taxable Value | $708,796 |
|---|
Appreciation: Market value has risen +20.0% from $590,704 (2021) to $708,796 (2025), a CAGR of 4.7% over 4 years. This represents moderate, steady growth. Growth has been fairly evenly spread across these years rather than concentrated in one jump. 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 $14,505. 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 56% of market value ($398,077 land vs $310,719 improvements), about $47/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $708,796, 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 +4.7% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $890,144 by 2030, with an estimated annual tax burden around $16,768. 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 |
|---|---|---|---|
| 551 | PAVED AREA | 3,000 SF | ✗ |
| 095 | HVAC RESIDENTIAL | 2,886 SF | ✗ |
| 2ND | 2nd Floor | 1,455 SF | ✓ |
| 1ST | 1st Floor | 1,431 SF | ✓ |
| 011 | PORCH OPEN 1ST F | 178 SF | ✗ |
| 012 | PORCH OPEN 2ND F | 154 SF | ✗ |
| 612 | TERRACE UNCOVERD | 40 SF | ✗ |
| 251 | BATHROOM | 4 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% | $6,557.78 | $6,557.78 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $3,714.21 | $3,714.21 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,663.97 | $2,663.97 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $836.54 | $836.54 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $732.90 | $732.90 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $14,505.40 | $14,505.40 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $694,944 | $708,796 | -2.0% |
| Assessed Value | $694,944 | $708,796 | -2.0% |
| Land Value | $398,077 | $398,077 | +0.0% |
| Improvement Value | $296,867 | $310,719 | -4.5% |
| Taxable Value | $694,944 | $708,796 | -2.0% |
| Total Tax 2026 = estimate |
~$14,222
Estimated
|
~$14,505
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $716,437 | $694,944 | -21,493 (-3.0%) |
| Taxable Value | $716,437 | $694,944 | -21,493 (-3.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $694,944 | $398,077 | $296,867 | — | $694,944 | $694,944 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $708,796 | $398,077 | $310,719 | — | $708,796 | $708,796 | ~$14,505 | Partial |
| 2024 | $911,288 | — | — | −$438,788 | $472,500 | $— | $16,722 | Verified |
| 2023 | $723,804 | — | — | −$251,304 | $472,500 | $— | $16,487 | Verified |
| 2022 | $665,396 | — | — | −$192,896 | $472,500 | $— | $14,295 | Verified |
| 2021 | $590,704 | — | — | −$275,704 | $315,000 | $— | $14,484 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +1.1% | +1.1% | ~100% | Not available | Partial |
| 2025 | -16.0% | -16.0% | ~100% | Not available | Partial |
| 2024 | -7.4% | -7.4% | ~100% | 1.9800% | Verified |
| 2023 | +25.9% | +25.9% | ~100% | 1.8100% | Verified |
| 2022 | +8.8% | +8.8% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.4500% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +6.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -2.0% | +4.6% | +5.1% | +25.9% | 2024 | -22.2% | 2025 |
| Assessment Ratio | 100.0% | 73.6% | — | 100.0% | 2025 | 51.8% | 2024 |
| 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 |
$14,505 | $15,299 | ~$15,845 | $16,722 | 2024 | $14,295 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$741,838 | ~$741,838 | ~2.0139% | ~$14,940 | +4.7% |
| 2027 | ~$776,420 | ~$776,420 | ~1.9814% | ~$15,384 | +9.5% |
| 2028 | ~$812,615 | ~$812,615 | ~1.9488% | ~$15,837 | +14.6% |
| 2029 | ~$850,497 | ~$850,497 | ~1.9163% | ~$16,298 | +20.0% |
| 2030 | ~$890,144 | ~$890,144 | ~1.8837% | ~$16,768 | +25.6% |
| 2026 | ~$727,662 | ~$727,662 | ~2.0465% | ~$14,891 | +2.7% |
| 2027 | ~$747,030 | ~$747,030 | ~2.0465% | ~$15,288 | +5.4% |
| 2028 | ~$766,914 | ~$766,914 | ~2.0465% | ~$15,695 | +8.2% |
| 2029 | ~$787,327 | ~$787,327 | ~2.0465% | ~$16,113 | +11.1% |
| 2030 | ~$808,284 | ~$808,284 | ~2.0465% | ~$16,541 | +14.0% |
| 2026 | ~$756,014 | ~$756,014 | ~1.9977% | ~$15,103 | +6.7% |
| 2027 | ~$806,377 | ~$806,377 | ~1.9488% | ~$15,715 | +13.8% |
| 2028 | ~$860,096 | ~$860,096 | ~1.9000% | ~$16,342 | +21.3% |
| 2029 | ~$917,393 | ~$917,393 | ~1.8512% | ~$16,983 | +29.4% |
| 2030 | ~$978,507 | ~$978,507 | ~1.8024% | ~$17,636 | +38.1% |
In 2025, this property's market value of $708,796 places it in the 50th–75th percentile for Multi-Family properties in Travis County (12584 comparable) — +36% 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 | $708,796 | $438,669 | $519,778 | $749,859 | ↑ Above median | -7.5% |
| 2024 | $911,288 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $723,804 | $503,905 | $617,035 | $919,932 | ↑ Above median | +0.9% |
| 2022 | $665,396 | $506,618 | $615,058 | $906,429 | ↑ Above median | +39.1% |
| 2021 | $590,704 | $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.