3418 WILLOWRUN DR TX 78704
| Owner | WILLOWRUN 1 TO 9 LLC |
|---|---|
| Parcel ID | 0410010425 |
| Short ID | 313567 |
| Type | Real |
| Use Code | 04 Fourplex |
| Valuation | Income |
| Improvement SF | 3,244 SF |
| Land SF | 7,919 SF |
| Acres | 0.182 |
| Year Built | 1969 |
| Legal | LOT 5 BLK A WILLOW SPRINGS SEC 1 |
| Neighborhood | K2006 |
| Land | $393,074 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $393,074 |
| Improvement | $372,105 |
|---|---|
| Total Improvement | $372,105 |
| Market | $765,179 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $765,179 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $765,179 |
| Taxable Value | $765,179 |
|---|
Appreciation: Market value has risen +31.2% from $583,200 (2021) to $765,179 (2025), a CAGR of 7.0% 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 $15,659. 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 51% of market value ($393,074 land vs $372,105 improvements), about $50/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $765,179, 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 +7.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,074,472 by 2030, with an estimated annual tax burden around $20,240. 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.
6 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 | ✗ |
| 581 | STORAGE ATT | 52 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% | $7,079.44 | $7,079.44 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $4,009.67 | $4,009.67 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,875.89 | $2,875.89 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $903.09 | $903.09 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $791.20 | $791.20 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $15,659.29 | $15,659.29 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $760,729 | $765,179 | -0.6% |
| Assessed Value | $760,729 | $765,179 | -0.6% |
| Land Value | $393,074 | $393,074 | +0.0% |
| Improvement Value | $367,655 | $372,105 | -1.2% |
| Taxable Value | $760,729 | $765,179 | -0.6% |
| Total Tax 2026 = estimate |
~$15,568
Estimated
|
~$15,659
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $760,729 | $760,729 | +0 (+0.0%) |
| Taxable Value | $760,729 | $760,729 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $760,729 | $393,074 | $367,655 | — | $760,729 | $760,729 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $765,179 | $393,074 | $372,105 | — | $765,179 | $765,179 | ~$15,659 | Partial |
| 2024 | $1,030,646 | — | — | −$580,646 | $450,000 | $— | $17,210 | Verified |
| 2023 | $780,895 | — | — | −$330,895 | $450,000 | $— | $18,647 | Verified |
| 2022 | $665,995 | — | — | −$215,995 | $450,000 | $— | $15,422 | Verified |
| 2021 | $583,200 | — | — | −$283,200 | $300,000 | $— | $14,497 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -0.6% | -0.6% | ~100% | Not available | Partial |
| 2025 | -11.9% | -11.9% | ~100% | Not available | Partial |
| 2024 | -22.5% | -22.5% | ~100% | 1.9800% | Verified |
| 2023 | +29.1% | +29.1% | ~100% | 1.6600% | Verified |
| 2022 | +30.3% | +30.3% | ~100% | 1.7800% | Verified |
| 2021 | base year | — | ~100% | 2.4900% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +14.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -0.6% | +7.4% | +7.2% | +32.0% | 2024 | -25.8% | 2025 |
| Assessment Ratio | 100.0% | 70.0% | — | 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 |
$15,659 | $16,287 | ~$18,324 | $18,647 | 2023 | $14,497 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$818,935 | ~$818,935 | ~2.0139% | ~$16,493 | +7.0% |
| 2027 | ~$876,467 | ~$876,467 | ~1.9814% | ~$17,366 | +14.5% |
| 2028 | ~$938,042 | ~$938,042 | ~1.9488% | ~$18,281 | +22.6% |
| 2029 | ~$1,003,942 | ~$1,003,942 | ~1.9163% | ~$19,238 | +31.2% |
| 2030 | ~$1,074,472 | ~$1,074,472 | ~1.8837% | ~$20,240 | +40.4% |
| 2026 | ~$803,631 | ~$803,631 | ~2.0465% | ~$16,446 | +5.0% |
| 2027 | ~$844,016 | ~$844,016 | ~2.0465% | ~$17,273 | +10.3% |
| 2028 | ~$886,430 | ~$886,430 | ~2.0465% | ~$18,141 | +15.8% |
| 2029 | ~$930,976 | ~$930,976 | ~2.0465% | ~$19,052 | +21.7% |
| 2030 | ~$977,760 | ~$977,760 | ~2.0465% | ~$20,010 | +27.8% |
| 2026 | ~$834,239 | ~$834,239 | ~1.9977% | ~$16,665 | +9.0% |
| 2027 | ~$909,531 | ~$909,531 | ~1.9488% | ~$17,725 | +18.9% |
| 2028 | ~$991,619 | ~$991,619 | ~1.9000% | ~$18,841 | +29.6% |
| 2029 | ~$1,081,115 | ~$1,081,115 | ~1.8512% | ~$20,014 | +41.3% |
| 2030 | ~$1,178,689 | ~$1,178,689 | ~1.8024% | ~$21,244 | +54.0% |
In 2025, this property's market value of $765,179 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 | $765,179 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $1,030,646 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $780,895 | $503,905 | $617,035 | $919,932 | ↑ Above median | +0.9% |
| 2022 | $665,995 | $506,618 | $615,058 | $906,429 | ↑ Above median | +39.1% |
| 2021 | $583,200 | $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.