3440 WILLOWRUN DR TX 78704
| Owner | PENNINGTON JOEL R & NERINDA |
|---|---|
| Parcel ID | 0410010416 |
| Short ID | 313560 |
| Type | Real |
| Use Code | 04 Fourplex |
| Valuation | Income |
| Improvement SF | 2,886 SF |
| Land SF | 8,361 SF |
| Acres | 0.192 |
| Year Built | 1972 |
| Legal | LOT 16 BLK A WILLOW SPRINGS SEC 1 |
| Neighborhood | K2006 |
| Land | $397,137 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $397,137 |
| Improvement | $368,989 |
|---|---|
| Total Improvement | $368,989 |
| Market | $766,126 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $766,126 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $766,126 |
| Taxable Value | $766,126 |
|---|
Appreciation: Market value has risen +20.1% from $638,000 (2021) to $766,126 (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 $15,679. 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 52% of market value ($397,137 land vs $368,989 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 $766,126, 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 +4.7% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $963,052 by 2030, with an estimated annual tax burden around $18,141. 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.
5 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 095 | HVAC RESIDENTIAL | 2,886 SF | ✗ |
| 2ND | 2nd Floor | 1,455 SF | ✓ |
| 1ST | 1st Floor | 1,431 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% | $7,088.20 | $7,088.20 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $4,014.63 | $4,014.63 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,879.45 | $2,879.45 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $904.20 | $904.20 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $792.17 | $792.17 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $15,678.65 | $15,678.65 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $725,370 | $766,126 | -5.3% |
| Assessed Value | $725,370 | $766,126 | -5.3% |
| Land Value | $397,137 | $397,137 | +0.0% |
| Improvement Value | $328,233 | $368,989 | -11.0% |
| Taxable Value | $725,370 | $766,126 | -5.3% |
| Total Tax 2026 = estimate |
~$14,845
Estimated
|
~$15,679
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $725,370 | $725,370 | +0 (+0.0%) |
| Taxable Value | $725,370 | $725,370 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $725,370 | $397,137 | $328,233 | — | $725,370 | $725,370 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $766,126 | $397,137 | $368,989 | — | $766,126 | $766,126 | ~$15,679 | Partial |
| 2024 | $1,081,823 | — | — | −$609,323 | $472,500 | $— | $18,318 | Verified |
| 2023 | $906,322 | — | — | −$433,822 | $472,500 | $— | $19,573 | Verified |
| 2022 | $714,191 | — | — | −$241,691 | $472,500 | $— | $17,899 | Verified |
| 2021 | $638,000 | — | — | −$323,000 | $315,000 | $— | $15,546 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -5.3% | -5.3% | ~100% | Not available | Partial |
| 2025 | -17.1% | -17.1% | ~100% | Not available | Partial |
| 2024 | -14.6% | -14.6% | ~100% | 1.9800% | Verified |
| 2023 | +19.4% | +19.4% | ~100% | 1.8100% | Verified |
| 2022 | +26.9% | +26.9% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.4400% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +7.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -5.3% | +4.7% | +5.9% | +26.9% | 2023 | -29.2% | 2025 |
| Assessment Ratio | 100.0% | 68.6% | — | 100.0% | 2025 | 43.7% | 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 |
$15,679 | $17,403 | ~$17,137 | $19,573 | 2023 | $15,546 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$801,992 | ~$801,992 | ~2.0139% | ~$16,152 | +4.7% |
| 2027 | ~$839,537 | ~$839,537 | ~1.9814% | ~$16,634 | +9.6% |
| 2028 | ~$878,840 | ~$878,840 | ~1.9488% | ~$17,127 | +14.7% |
| 2029 | ~$919,983 | ~$919,983 | ~1.9163% | ~$17,630 | +20.1% |
| 2030 | ~$963,052 | ~$963,052 | ~1.8837% | ~$18,141 | +25.7% |
| 2026 | ~$786,670 | ~$786,670 | ~2.0465% | ~$16,099 | +2.7% |
| 2027 | ~$807,764 | ~$807,764 | ~2.0465% | ~$16,531 | +5.4% |
| 2028 | ~$829,424 | ~$829,424 | ~2.0465% | ~$16,974 | +8.3% |
| 2029 | ~$851,665 | ~$851,665 | ~2.0465% | ~$17,429 | +11.2% |
| 2030 | ~$874,502 | ~$874,502 | ~2.0465% | ~$17,897 | +14.1% |
| 2026 | ~$817,315 | ~$817,315 | ~1.9977% | ~$16,327 | +6.7% |
| 2027 | ~$871,923 | ~$871,923 | ~1.9488% | ~$16,992 | +13.8% |
| 2028 | ~$930,181 | ~$930,181 | ~1.9000% | ~$17,674 | +21.4% |
| 2029 | ~$992,331 | ~$992,331 | ~1.8512% | ~$18,370 | +29.5% |
| 2030 | ~$1,058,633 | ~$1,058,633 | ~1.8024% | ~$19,080 | +38.2% |
In 2025, this property's market value of $766,126 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — +47% 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 | $766,126 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $1,081,823 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $906,322 | $503,905 | $617,035 | $919,932 | ↑ Above median | +0.9% |
| 2022 | $714,191 | $506,618 | $615,058 | $906,429 | ↑ Above median | +39.1% |
| 2021 | $638,000 | $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.