404 W 34 ST TX 78705
| Owner | BIS INVESTMENTS LTD |
|---|---|
| Parcel ID | 0218040725 |
| Short ID | 212916 |
| Type | Real |
| Use Code | 05 Apartment 5–25 Units |
| Valuation | Income |
| Improvement SF | 2,340 SF |
| Land SF | 14,607 SF |
| Acres | 0.335 |
| Year Built | 1936 |
| Legal | LOT 4-5 BLK 5 OLT 77 DIV D BUDDINGTON SUBD |
| Neighborhood | 05WC2 |
| Land | $1,095,518 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,095,518 |
| Improvement | $27,904 |
|---|---|
| Total Improvement | $27,904 |
| Market | $1,123,422 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,123,422 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,123,422 |
| Taxable Value | $1,123,422 |
|---|
Appreciation: Market value has risen +84.2% from $609,913 (2021) to $1,123,422 (2025), a CAGR of 16.5% over 4 years. This is strong appreciation — well above typical inflation. 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 +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 $22,991. 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 98% of market value ($1,095,518 land vs $27,904 improvements), about $75/SF of land. With value concentrated in the land under a ~90-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 $1,123,422, 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 +13.0% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $2,073,568 by 2031, with an estimated annual tax burden around $34,118. 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 | 2,340 SF | ✓ |
| 095 | HVAC RESIDENTIAL | 936 SF | ✗ |
| 512C | DECK UNCOVRED COMM | 84 SF | ✗ |
| 612C | TERRACE UNCOVERD COMM | 36 SF | ✗ |
| 251 | BATHROOM | 5 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% | $10,393.90 | $10,393.90 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $5,886.92 | $5,886.92 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $4,222.33 | $4,222.33 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,325.90 | $1,325.90 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,161.62 | $1,161.62 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $22,990.67 | $22,990.67 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $10,393.90 | 45.2% |
| CAT City of Austin | 0.5240% | $5,886.92 | 25.6% |
| TCO Travis County | 0.3758% | $4,222.33 | 18.4% |
| THD Travis Central Health | 0.1180% | $1,325.90 | 5.8% |
| ACT Austin Community College | 0.1034% | $1,161.62 | 5.1% |
| Total | 2.0465% | $22,990.67 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,124,587 | $1,123,422 | +0.1% |
| Assessed Value | $1,124,587 | $1,123,422 | +0.1% |
| Land Value | $1,095,518 | $1,095,518 | +0.0% |
| Improvement Value | $29,069 | $27,904 | +4.2% |
| Taxable Value | $1,124,587 | $1,123,422 | +0.1% |
| Total Tax 2026 = estimate |
~$23,014
Estimated
|
~$22,991
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $1,124,587 | $1,095,518 | $29,069 | — | $1,124,587 | $1,124,587 | Not yet — post-cert | Preliminary |
| 2025 | $1,123,422 | $1,095,518 | $27,904 | — | $1,123,422 | $1,123,422 | ~$22,991 | Partial |
| 2024 | $1,150,618 | $1,095,518 | $55,100 | −$73,018 | $1,077,600 | $1,077,600 | $21,356 | Verified |
| 2023 | $1,196,191 | $1,095,518 | $100,673 | — | $1,196,191 | $1,196,191 | $18,166 | Verified |
| 2022 | $896,331 | $821,638 | $74,693 | — | $896,331 | $896,331 | $17,702 | Verified |
| 2021 | $609,913 | $599,913 | $10,000 | — | $609,913 | $609,913 | $13,276 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.1% | +0.1% | ~100% | Not available | Partial |
| 2025 | -2.4% | +4.3% | ~100% | Not available | Partial |
| 2024 | -3.8% | -9.9% | 93.6% | No billing data | Verified |
| 2023 | +33.5% | +33.5% | ~100% | No billing data | Verified |
| 2022 | +47.0% | +47.0% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +84.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.1% | +14.9% | +13.0% | +47.0% | 2022 | -3.8% | 2024 |
| Assessment Ratio | 100.0% | 99.0% | — | 100.0% | 2021 | 93.7% | 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 |
$22,991 | $18,698 | ~$29,343 | $22,991 | 2025 | $13,276 | 2021 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$1,270,978 | ~$1,237,046 | ~2.0139% | ~$24,913 | +13.0% |
| 2028 | ~$1,436,426 | ~$1,360,750 | ~1.9814% | ~$26,962 | +27.7% |
| 2029 | ~$1,623,410 | ~$1,496,825 | ~1.9488% | ~$29,171 | +44.4% |
| 2030 | ~$1,834,734 | ~$1,646,508 | ~1.9163% | ~$31,552 | +63.1% |
| 2031 | ~$2,073,568 | ~$1,811,159 | ~1.8837% | ~$34,118 | +84.4% |
| 2027 | ~$1,248,486 | ~$1,237,046 | ~2.0465% | ~$25,316 | +11.0% |
| 2028 | ~$1,386,036 | ~$1,360,750 | ~2.0465% | ~$27,848 | +23.2% |
| 2029 | ~$1,538,740 | ~$1,496,825 | ~2.0465% | ~$30,632 | +36.8% |
| 2030 | ~$1,708,269 | ~$1,646,508 | ~2.0465% | ~$33,696 | +51.9% |
| 2031 | ~$1,896,474 | ~$1,811,159 | ~2.0465% | ~$37,065 | +68.6% |
| 2027 | ~$1,293,470 | ~$1,237,046 | ~1.9977% | ~$24,712 | +15.0% |
| 2028 | ~$1,487,715 | ~$1,360,750 | ~1.9488% | ~$26,519 | +32.3% |
| 2029 | ~$1,711,129 | ~$1,496,825 | ~1.9000% | ~$28,440 | +52.2% |
| 2030 | ~$1,968,095 | ~$1,646,508 | ~1.8512% | ~$30,480 | +75.0% |
| 2031 | ~$2,263,651 | ~$1,811,159 | ~1.8024% | ~$32,644 | +101.3% |
In 2025, this property's market value of $1,123,422 places it in the top 25% for Multi-Family properties in Travis County (12570 comparable) — +116% 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 | $1,123,422 | $438,150 | $519,086 | $747,031 | ↑ Top 25% | -7.5% |
| 2024 | $1,150,618 | $467,312 | $564,206 | $847,583 | ↑ Top 25% | -6.3% |
| 2023 | $1,196,191 | $503,694 | $616,727 | $918,308 | ↑ Top 25% | +0.9% |
| 2022 | $896,331 | $506,269 | $614,560 | $904,074 | ↑ Above median | +39.0% |
| 2021 | $609,913 | $353,349 | $436,046 | $657,886 | ↑ Above 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 | — |