3705 SPEEDWAY TX 78705
| Owner | LA FAMILIA PARTNERSHIP LTD |
|---|---|
| Parcel ID | 0218040412 |
| Short ID | 212849 |
| Type | Real |
| Use Code | 20 Small Store (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 2,951 SF |
| Land SF | 10,636 SF |
| Acres | 0.244 |
| Year Built | 1971 |
| Legal | LOT 1 * LESS N10FT OF BLK 11 WARD ADDN |
| Neighborhood | 30CEN |
| Land | $1,063,600 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,063,600 |
| Improvement | $26,400 |
|---|---|
| Total Improvement | $26,400 |
| Market | $1,090,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,090,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,090,000 |
| Taxable Value | $1,090,000 |
|---|
Appreciation: Market value has risen +13.5% from $960,118 (2021) to $1,090,000 (2025), a CAGR of 3.2% over 4 years. Growth has been relatively flat for this asset class. 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 Commercial parcel countywide rose +17.8%, so this parcel has lagged the broader commercial 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 $22,307. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Asset Class: Commercial. No homestead exemptions apply — full market value is taxable. 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 98% of market value ($1,063,600 land vs $26,400 improvements), about $100/SF of land. With value concentrated in the land under a ~55-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 $1,090,000, this parcel sits in the lower-middle (25th–50th percentile) of Commercial property in Travis County — county median $1,382,921 (P25 $632,506 / P75 $3,258,143, n=13,595). Commercial here is the broad TCAD category — every commercial 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 +2.9% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $1,271,151 by 2031, with an estimated annual tax burden around $23,945. 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.
4 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 5,000 SF | ✗ |
| 1ST | 1st Floor | 2,951 SF | ✓ |
| 501 | CANOPY | 276 SF | ✗ |
| 011C | PORCH OPEN 1ST COMM | 12 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% | $10,084.68 | $10,084.68 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $5,711.79 | $5,711.79 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $4,096.71 | $4,096.71 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,286.45 | $1,286.45 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,127.06 | $1,127.06 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $22,306.69 | $22,306.69 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $10,084.68 | 45.2% |
| CAT City of Austin | 0.5240% | $5,711.79 | 25.6% |
| TCO Travis County | 0.3758% | $4,096.71 | 18.4% |
| THD Travis Central Health | 0.1180% | $1,286.45 | 5.8% |
| ACT Austin Community College | 0.1034% | $1,127.06 | 5.1% |
| Total | 2.0465% | $22,306.69 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,104,742 | $1,090,000 | +1.4% |
| Assessed Value | $1,104,742 | $1,090,000 | +1.4% |
| Land Value | $1,063,600 | $1,063,600 | +0.0% |
| Improvement Value | $41,142 | $26,400 | +55.8% |
| Taxable Value | $1,104,742 | $1,090,000 | +1.4% |
| Total Tax 2026 = estimate |
~$22,608
Estimated
|
~$22,307
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $1,104,742 | $1,063,600 | $41,142 | — | $1,104,742 | $1,104,742 | Not yet — post-cert | Preliminary |
| 2025 | $1,090,000 | $1,063,600 | $26,400 | — | $1,090,000 | $1,090,000 | ~$22,307 | Partial |
| 2024 | $1,101,434 | $1,063,600 | $37,834 | — | $1,101,434 | $1,101,434 | $21,828 | Verified |
| 2023 | $1,140,754 | $1,063,600 | $77,154 | — | $1,140,754 | $1,140,754 | $20,639 | Verified |
| 2022 | $960,901 | $904,060 | $56,841 | — | $960,901 | $960,901 | $18,977 | Verified |
| 2021 | $960,118 | $904,060 | $56,058 | — | $960,118 | $960,118 | $20,899 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +1.4% | +1.4% | ~100% | Not available | Partial |
| 2025 | -1.0% | -1.0% | ~100% | Not available | Partial |
| 2024 | -3.4% | -3.4% | ~100% | No billing data | Verified |
| 2023 | +18.7% | +18.7% | ~100% | No billing data | Verified |
| 2022 | +0.1% | +0.1% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +13.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +1.4% | +3.2% | +2.8% | +18.7% | 2023 | -3.4% | 2024 |
| 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 |
$22,307 | $20,930 | ~$23,417 | $22,307 | 2025 | $18,977 | 2022 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$1,136,183 | ~$1,136,183 | ~2.0139% | ~$22,882 | +2.8% |
| 2028 | ~$1,168,518 | ~$1,168,518 | ~1.9814% | ~$23,153 | +5.8% |
| 2029 | ~$1,201,773 | ~$1,201,773 | ~1.9488% | ~$23,421 | +8.8% |
| 2030 | ~$1,235,976 | ~$1,235,976 | ~1.9163% | ~$23,685 | +11.9% |
| 2031 | ~$1,271,151 | ~$1,271,151 | ~1.8837% | ~$23,945 | +15.1% |
| 2027 | ~$1,114,088 | ~$1,114,088 | ~2.0465% | ~$22,800 | +0.8% |
| 2028 | ~$1,123,512 | ~$1,123,512 | ~2.0465% | ~$22,993 | +1.7% |
| 2029 | ~$1,133,017 | ~$1,133,017 | ~2.0465% | ~$23,187 | +2.6% |
| 2030 | ~$1,142,602 | ~$1,142,602 | ~2.0465% | ~$23,383 | +3.4% |
| 2031 | ~$1,152,268 | ~$1,152,268 | ~2.0465% | ~$23,581 | +4.3% |
| 2027 | ~$1,158,277 | ~$1,158,277 | ~1.9977% | ~$23,138 | +4.8% |
| 2028 | ~$1,214,407 | ~$1,214,407 | ~1.9488% | ~$23,667 | +9.9% |
| 2029 | ~$1,273,257 | ~$1,273,257 | ~1.9000% | ~$24,192 | +15.3% |
| 2030 | ~$1,334,958 | ~$1,334,958 | ~1.8512% | ~$24,713 | +20.8% |
| 2031 | ~$1,399,650 | ~$1,399,650 | ~1.8024% | ~$25,227 | +26.7% |
In 2025, this property's market value of $1,090,000 places it in the 25th–50th percentile for Commercial properties in Travis County (13595 comparable) — -21% below the county median of $1,382,921. Commercial here is the broad TCAD category — every commercial 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 | $1,090,000 | $632,506 | $1,382,921 | $3,258,143 | ↓ Below median | -0.8% |
| 2024 | $1,101,434 | $647,500 | $1,401,787 | $3,362,090 | ↓ Below median | +0.0% |
| 2023 | $1,140,754 | $651,680 | $1,383,015 | $3,277,245 | ↓ Below median | +9.7% |
| 2022 | $960,901 | $535,964 | $1,190,250 | $2,842,216 | ↓ Below median | +3.3% |
| 2021 | $960,118 | $538,645 | $1,173,514 | $2,782,974 | ↓ Below median | 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 | — |