308 E 34 ST TX 78705
| Owner | 34TH STREET APARTMENTS LLC |
|---|---|
| Parcel ID | 0217060310 |
| Short ID | 211500 |
| Type | Real |
| Use Code | 05 Apartment 5–25 Units |
| Valuation | Income |
| Improvement SF | 4,000 SF |
| Land SF | 10,200 SF |
| Acres | 0.234 |
| Year Built | 1968 |
| Legal | E 48FT LOT 4 *& W12FT LOT 5 BLK 10 GROOMS ADDN |
| Neighborhood | 05WC2 |
| Land | $1,020,000 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,020,000 |
| Improvement | $44,746 |
|---|---|
| Total Improvement | $44,746 |
| Market | $1,064,746 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,064,746 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,064,746 |
| Taxable Value | $1,064,746 |
|---|
Appreciation: Market value has risen +27.8% from $833,217 (2021) to $1,064,746 (2025), a CAGR of 6.3% over 4 years. This represents moderate, steady growth. 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 +19.0%, 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 $21,790. 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 96% of market value ($1,020,000 land vs $44,746 improvements), about $100/SF of land. With value concentrated in the land under a ~58-year-old structure, this reads as a land-dominated asset — the classic higher-and-best-use / redevelopment signal. Underwrite the dirt, not the building.
Submarket Position: At $1,064,746, this parcel sits in the top quartile (≥75th percentile) of Multi-Family property in Travis County — county median $519,086 (P25 $438,150 / P75 $747,031, n=12,570). 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 +7.6% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $1,728,241 by 2031, with an estimated annual tax burden around $32,556. 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 |
|---|---|---|---|
| 551 | PAVED AREA | 2,720 SF | ✗ |
| 1ST | 1st Floor | 2,000 SF | ✓ |
| 2ND | 2nd Floor | 2,000 SF | ✓ |
| 591 | MASONRY TRIM SF | 2,000 SF | ✗ |
| 011C | PORCH OPEN 1ST COMM | 240 SF | ✗ |
| 012C | PORCH OPEN 2 COMM | 240 SF | ✗ |
| 581C | STORAGE ATT COMM | 60 SF | ✓ |
| 541 | FENCE COMM LF | 20 SF | ✗ |
| 132 | PLBG 5-FIXT AVG | 1 SF | ✓ |
| 413 | STAIRWAY EXT | 1 SF | ✓ |
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.
| 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% | $9,851.03 | $9,851.03 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $5,579.45 | $5,579.45 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $4,001.79 | $4,001.79 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,256.65 | $1,256.65 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,100.95 | $1,100.95 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $21,789.87 | $21,789.87 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $9,851.03 | 45.2% |
| CAT City of Austin | 0.5240% | $5,579.45 | 25.6% |
| TCO Travis County | 0.3758% | $4,001.79 | 18.4% |
| THD Travis Central Health | 0.1180% | $1,256.65 | 5.8% |
| ACT Austin Community College | 0.1034% | $1,100.95 | 5.1% |
| Total | 2.0465% | $21,789.87 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,200,000 | $1,064,746 | +12.7% |
| Assessed Value | $1,200,000 | $1,064,746 | +12.7% |
| Land Value | $1,020,000 | $1,020,000 | +0.0% |
| Improvement Value | $180,000 | $44,746 | +302.3% |
| Taxable Value | $1,200,000 | $1,064,746 | +12.7% |
| Total Tax 2026 = estimate |
~$24,558
Estimated
|
~$21,790
Partial
|
ⓘ |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $1,200,000 | $1,020,000 | $180,000 | — | $1,200,000 | $1,200,000 | Not yet — post-cert | Preliminary |
| 2025 | $1,064,746 | $1,020,000 | $44,746 | — | $1,064,746 | $1,064,746 | ~$21,790 | Partial |
| 2024 | $1,120,000 | $1,020,000 | $100,000 | — | $1,120,000 | $1,120,000 | $22,196 | Verified |
| 2023 | $1,042,503 | $1,020,000 | $22,503 | — | $1,042,503 | $1,042,503 | $18,861 | Verified |
| 2022 | $810,394 | $765,000 | $45,394 | — | $810,394 | $810,394 | $16,005 | Verified |
| 2021 | $833,217 | $765,000 | $68,217 | — | $833,217 | $833,217 | $18,136 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +12.7% | +12.7% | ~100% | Not available | Partial |
| 2025 | -4.9% | -4.9% | ~100% | Not available | Partial |
| 2024 | +7.4% | +7.4% | ~100% | No billing data | Verified |
| 2023 | +28.6% | +28.6% | ~100% | No billing data | Verified |
| 2022 | -2.7% | -2.7% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +27.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +12.7% | +8.2% | +7.6% | +28.6% | 2023 | -4.9% | 2025 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2021 | 100.0% | 2021 |
| 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 |
$21,790 | $19,398 | ~$29,192 | $22,196 | 2024 | $16,005 | 2022 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$1,290,821 | ~$1,290,821 | ~2.0139% | ~$25,996 | +7.6% |
| 2028 | ~$1,388,515 | ~$1,388,515 | ~1.9814% | ~$27,512 | +15.7% |
| 2029 | ~$1,493,603 | ~$1,493,603 | ~1.9488% | ~$29,108 | +24.5% |
| 2030 | ~$1,606,644 | ~$1,606,644 | ~1.9163% | ~$30,788 | +33.9% |
| 2031 | ~$1,728,241 | ~$1,728,241 | ~1.8837% | ~$32,556 | +44.0% |
| 2027 | ~$1,266,821 | ~$1,266,821 | ~2.0465% | ~$25,925 | +5.6% |
| 2028 | ~$1,337,362 | ~$1,337,362 | ~2.0465% | ~$27,369 | +11.4% |
| 2029 | ~$1,411,831 | ~$1,411,831 | ~2.0465% | ~$28,893 | +17.7% |
| 2030 | ~$1,490,447 | ~$1,490,447 | ~2.0465% | ~$30,502 | +24.2% |
| 2031 | ~$1,573,441 | ~$1,573,441 | ~2.0465% | ~$32,200 | +31.1% |
| 2027 | ~$1,314,821 | ~$1,314,821 | ~1.9977% | ~$26,266 | +9.6% |
| 2028 | ~$1,440,628 | ~$1,440,628 | ~1.9488% | ~$28,076 | +20.1% |
| 2029 | ~$1,578,472 | ~$1,578,472 | ~1.9000% | ~$29,991 | +31.5% |
| 2030 | ~$1,729,506 | ~$1,729,506 | ~1.8512% | ~$32,017 | +44.1% |
| 2031 | ~$1,894,992 | ~$1,894,992 | ~1.8024% | ~$34,155 | +57.9% |
In 2025, this property's market value of $1,064,746 places it in the top 25% for Multi-Family properties in Travis County (12570 comparable) — +105% above the county median of $519,086. 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 | $1,064,746 | $438,150 | $519,086 | $747,031 | ↑ Top 25% | -7.5% |
| 2024 | $1,120,000 | $467,312 | $564,206 | $847,583 | ↑ Top 25% | -6.3% |
| 2023 | $1,042,503 | $503,694 | $616,727 | $918,308 | ↑ Top 25% | +0.9% |
| 2022 | $810,394 | $506,269 | $614,560 | $904,074 | ↑ Above median | +39.0% |
| 2021 | $833,217 | $353,349 | $436,046 | $657,886 | ↑ Top 25% | base yr |
| Source | What it provides | Coverage for this parcel | Confidence |
|---|---|---|---|
| TCAD Certified Appraisal Roll ↗ | Market, assessed, and taxable value; land/improvement split; exemptions | 2025 | Certified |
| Texas Comptroller Annual Jurisdiction Roll (AJR) | Prior-year market and taxable value | 2021–2024 | Verified |
| TCAD Preliminary Export ↗ | First-look 2026 appraisal value, subject to change at certification | 2026 (exported June 9, 2026; certifies July 25, 2026) | Preliminary |
| Travis County Rates History ↗ | Adopted tax rate for each of this parcel's taxing entities | 1990–2025 | Verified |
| TaxCurOpenData | Current-year (2025) tax billing, by taxing entity | 2025 | Partial |
| PIR bulk billing export | Prior-year tax billing, Travis County Tax Office | 2021, 2022, 2023, 2024 | Verified |
| Satellite imagery (Esri World Imagery) | Aerial view of the parcel | Located by geocoding this parcel's address — may not resolve for every address | — |