3412 WILLOWRUN DR TX 78704
| Owner | SHETH PARAG & KATE HOWARTH |
|---|---|
| Parcel ID | 0410010422 |
| Short ID | 313564 |
| Type | Real |
| Use Code | 04 Fourplex |
| Valuation | Income |
| Improvement SF | 3,244 SF |
| Land SF | 8,920 SF |
| Acres | 0.205 |
| Year Built | 1969 |
| Legal | LOT 2 BLK A WILLOW SPRINGS SEC 1 |
| Neighborhood | K2006 |
| Land | $402,377 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $402,377 |
| Improvement | $347,277 |
|---|---|
| Total Improvement | $347,277 |
| Market | $749,654 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $749,654 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $749,654 |
| Taxable Value | $749,654 |
|---|
Appreciation: Market value has risen +17.9% from $635,817 (2021) to $749,654 (2025), a CAGR of 4.2% 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 $15,342. 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 54% of market value ($402,377 land vs $347,277 improvements), about $45/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $749,654, 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 +4.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $921,026 by 2030, with an estimated annual tax burden around $17,350. 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 |
|---|---|---|---|
| 1ST | 1st Floor | 3,244 SF | ✓ |
| 095 | HVAC RESIDENTIAL | 3,244 SF | ✗ |
| 551 | PAVED AREA | 3,000 SF | ✗ |
| 612 | TERRACE UNCOVERD | 504 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% | $6,935.80 | $6,935.80 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $3,928.31 | $3,928.31 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,817.54 | $2,817.54 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $884.76 | $884.76 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $775.14 | $775.14 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $15,341.55 | $15,341.55 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $669,859 | $749,654 | -10.6% |
| Assessed Value | $669,859 | $749,654 | -10.6% |
| Land Value | $402,377 | $402,377 | +0.0% |
| Improvement Value | $267,482 | $347,277 | -23.0% |
| Taxable Value | $669,859 | $749,654 | -10.6% |
| Total Tax 2026 = estimate |
~$13,709
Estimated
|
~$15,342
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $768,187 | $669,859 | -98,328 (-12.8%) |
| Taxable Value | $768,187 | $669,859 | -98,328 (-12.8%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $669,859 | $402,377 | $267,482 | — | $669,859 | $669,859 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $749,654 | $402,377 | $347,277 | — | $749,654 | $749,654 | ~$15,342 | Partial |
| 2024 | $1,051,924 | — | — | −$579,424 | $472,500 | $— | $19,531 | Verified |
| 2023 | $909,644 | — | — | −$437,144 | $472,500 | $— | $19,032 | Verified |
| 2022 | $709,405 | — | — | −$236,905 | $472,500 | $— | $17,965 | Verified |
| 2021 | $635,817 | — | — | −$320,817 | $315,000 | $— | $15,441 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +2.5% | +2.5% | ~100% | Not available | Partial |
| 2025 | -23.9% | -23.9% | ~100% | Not available | Partial |
| 2024 | -6.3% | -6.3% | ~100% | 1.9800% | Verified |
| 2023 | +15.6% | +15.6% | ~100% | 1.8100% | Verified |
| 2022 | +28.2% | +28.2% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.4300% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +5.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -10.6% | +3.2% | +6.7% | +28.2% | 2023 | -28.7% | 2025 |
| Assessment Ratio | 100.0% | 68.8% | — | 100.0% | 2025 | 44.9% | 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 |
$15,342 | $17,462 | ~$16,536 | $19,531 | 2024 | $15,342 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$781,165 | ~$781,165 | ~2.0139% | ~$15,732 | +4.2% |
| 2027 | ~$814,002 | ~$814,002 | ~1.9814% | ~$16,129 | +8.6% |
| 2028 | ~$848,218 | ~$848,218 | ~1.9488% | ~$16,530 | +13.1% |
| 2029 | ~$883,872 | ~$883,872 | ~1.9163% | ~$16,938 | +17.9% |
| 2030 | ~$921,026 | ~$921,026 | ~1.8837% | ~$17,350 | +22.9% |
| 2026 | ~$766,172 | ~$766,172 | ~2.0465% | ~$15,680 | +2.2% |
| 2027 | ~$783,055 | ~$783,055 | ~2.0465% | ~$16,025 | +4.5% |
| 2028 | ~$800,309 | ~$800,309 | ~2.0465% | ~$16,378 | +6.8% |
| 2029 | ~$817,944 | ~$817,944 | ~2.0465% | ~$16,739 | +9.1% |
| 2030 | ~$835,967 | ~$835,967 | ~2.0465% | ~$17,108 | +11.5% |
| 2026 | ~$796,159 | ~$796,159 | ~1.9977% | ~$15,905 | +6.2% |
| 2027 | ~$845,548 | ~$845,548 | ~1.9488% | ~$16,478 | +12.8% |
| 2028 | ~$898,001 | ~$898,001 | ~1.9000% | ~$17,062 | +19.8% |
| 2029 | ~$953,709 | ~$953,709 | ~1.8512% | ~$17,655 | +27.2% |
| 2030 | ~$1,012,872 | ~$1,012,872 | ~1.8024% | ~$18,256 | +35.1% |
In 2025, this property's market value of $749,654 places it in the 50th–75th percentile for Multi-Family properties in Travis County (12584 comparable) — +44% 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 | $749,654 | $438,669 | $519,778 | $749,859 | ↑ Above median | -7.5% |
| 2024 | $1,051,924 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $909,644 | $503,905 | $617,035 | $919,932 | ↑ Above median | +0.9% |
| 2022 | $709,405 | $506,618 | $615,058 | $906,429 | ↑ Above median | +39.1% |
| 2021 | $635,817 | $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.