3106 SPEEDWAY TX 78705
| Owner | BAUSTIN VENTURES IV LIMITED |
|---|---|
| Parcel ID | 0216040613 |
| Short ID | 210207 |
| Type | Real |
| Use Code | 05 Apartment 5–25 Units |
| Valuation | Income |
| Improvement SF | 7,008 SF |
| Land SF | 10,412 SF |
| Acres | 0.239 |
| Year Built | 1964 |
| Legal | LOT 5-6 BLK 11 OLT 73 DIV D FRUTH ADDN |
| Neighborhood | 05WC1 |
| Land | $1,041,200 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,041,200 |
| Improvement | $937,163 |
|---|---|
| Total Improvement | $937,163 |
| Market | $1,978,363 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,978,363 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,978,363 |
| Taxable Value | $1,978,363 |
|---|
Appreciation: Market value has risen +24.8% from $1,585,300 (2021) to $1,978,363 (2025), a CAGR of 5.7% over 4 years. This represents moderate, steady growth. Most of this growth came in a single year (2023→2024), 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 +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 $40,487. 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 53% of market value ($1,041,200 land vs $937,163 improvements), about $100/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $1,978,363, 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 +5.7% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,609,451 by 2030, with an estimated annual tax burden around $49,155. 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.
14 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 3,504 SF | ✓ |
| 2ND | 2nd Floor | 3,504 SF | ✓ |
| 591 | MASONRY TRIM SF | 2,000 SF | ✗ |
| 011C | PORCH OPEN 1ST COMM | 636 SF | ✗ |
| 012C | PORCH OPEN 2 COMM | 636 SF | ✗ |
| 601 | POOL COMM'L | 496 SF | ✗ |
| SO | Sketch Only | 448 SF | ✗ |
| 551 | PAVED AREA | 273 SF | ✗ |
| 505 | BALCONY | 224 SF | ✓ |
| 611 | TERRACE | 224 SF | ✗ |
| 132 | PLBG 5-FIXT AVG | 1 SF | ✓ |
| 242 | OBS OVEN/BURN | 1 SF | ✓ |
| 413 | STAIRWAY EXT | 1 SF | ✓ |
| 531 | OBS FENCE | 1 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% | $17,116.20 | $17,116.20 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $9,694.31 | $9,694.31 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $6,953.13 | $6,953.13 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,183.43 | $2,183.43 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,912.90 | $1,912.90 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $37,859.97 | $37,859.97 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,066,578 | $1,978,363 | +4.5% |
| Assessed Value | $2,066,578 | $1,978,363 | +4.5% |
| Land Value | $1,041,200 | $1,041,200 | +0.0% |
| Improvement Value | $1,025,378 | $937,163 | +9.4% |
| Taxable Value | $2,066,578 | $1,978,363 | +4.5% |
| Total Tax 2026 = estimate |
~$42,292
Estimated
|
~$37,860
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $2,079,750 | $2,066,578 | -13,172 (-0.6%) |
| Taxable Value | $2,079,750 | $2,066,578 | -13,172 (-0.6%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,066,578 | $1,041,200 | $1,025,378 | — | $2,066,578 | $2,066,578 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,978,363 | $1,041,200 | $937,163 | — | $1,978,363 | $1,978,363 | ~$37,860 | Partial |
| 2024 | $1,865,155 | — | — | −$823,955 | $1,041,200 | $— | $36,774 | Verified |
| 2023 | $1,591,898 | — | — | −$550,698 | $1,041,200 | $— | $31,604 | Verified |
| 2022 | $1,420,000 | — | — | −$587,040 | $832,960 | $— | $31,631 | Verified |
| 2021 | $1,585,300 | — | — | −$752,340 | $832,960 | $— | $30,909 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +5.1% | +5.1% | ~100% | Not available | Partial |
| 2025 | +6.6% | +6.6% | ~100% | Not available | Partial |
| 2024 | -0.5% | -0.5% | ~100% | 1.9800% | Verified |
| 2023 | +4.4% | +4.4% | ~100% | 1.6900% | Verified |
| 2022 | +25.8% | +25.8% | ~100% | 1.7700% | Verified |
| 2021 | base year | — | ~100% | 1.9500% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +39.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +4.5% | +5.9% | +4.8% | +17.2% | 2024 | -10.4% | 2022 |
| Assessment Ratio | 100.0% | 72.1% | — | 100.0% | 2025 | 52.5% | 2021 |
| Effective Tax Rate (2025) | 1.9100% | 1.9100% | — | 1.9100% | 2025 | 1.9100% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$37,860 | $33,756 | ~$45,578 | $37,860 | 2025 | $30,909 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,091,003 | ~$2,091,003 | ~2.0139% | ~$42,111 | +5.7% |
| 2027 | ~$2,210,056 | ~$2,210,056 | ~1.9814% | ~$43,790 | +11.7% |
| 2028 | ~$2,335,887 | ~$2,335,887 | ~1.9488% | ~$45,523 | +18.1% |
| 2029 | ~$2,468,883 | ~$2,468,883 | ~1.9163% | ~$47,311 | +24.8% |
| 2030 | ~$2,609,451 | ~$2,609,451 | ~1.8837% | ~$49,155 | +31.9% |
| 2026 | ~$2,051,436 | ~$2,051,436 | ~2.0465% | ~$41,982 | +3.7% |
| 2027 | ~$2,127,207 | ~$2,127,207 | ~2.0465% | ~$43,533 | +7.5% |
| 2028 | ~$2,205,777 | ~$2,205,777 | ~2.0465% | ~$45,141 | +11.5% |
| 2029 | ~$2,287,250 | ~$2,287,250 | ~2.0465% | ~$46,808 | +15.6% |
| 2030 | ~$2,371,731 | ~$2,371,731 | ~2.0465% | ~$48,537 | +19.9% |
| 2026 | ~$2,130,570 | ~$2,130,570 | ~1.9977% | ~$42,562 | +7.7% |
| 2027 | ~$2,294,487 | ~$2,294,487 | ~1.9488% | ~$44,716 | +16.0% |
| 2028 | ~$2,471,016 | ~$2,471,016 | ~1.9000% | ~$46,950 | +24.9% |
| 2029 | ~$2,661,125 | ~$2,661,125 | ~1.8512% | ~$49,263 | +34.5% |
| 2030 | ~$2,865,861 | ~$2,865,861 | ~1.8024% | ~$51,653 | +44.9% |
In 2025, this property's market value of $1,978,363 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 4× 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 | $1,978,363 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $1,865,155 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $1,591,898 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $1,420,000 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $1,585,300 | $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.