3107 SPEEDWAY TX 78705
| Owner | PARKER AT HYDE PARK LLC |
|---|---|
| Parcel ID | 0216040704 |
| Short ID | 210226 |
| Type | Real |
| Use Code | 05 Apartment 5–25 Units |
| Valuation | Income |
| Improvement SF | 8,506 SF |
| Land SF | 8,220 SF |
| Acres | 0.189 |
| Year Built | 1965 |
| Legal | LOT 4 BLK 15 DIV D GROOMS ADDN |
| Neighborhood | 05WC1 |
| Land | $822,000 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $822,000 |
| Improvement | $1,687,270 |
|---|---|
| Total Improvement | $1,687,270 |
| Market | $2,509,270 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,509,270 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $2,509,270 |
| Taxable Value | $2,509,270 |
|---|
Appreciation: Market value has risen +30.4% from $1,924,150 (2021) to $2,509,270 (2025), a CAGR of 6.9% 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 +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 $51,352. 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 33% of market value ($822,000 land vs $1,687,270 improvements), about $100/SF of land. Most value sits in the improvements, so building condition, age (~61 yrs), and rent roll drive the underwriting.
Submarket Position: At $2,509,270, 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 +6.9% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $3,496,898 by 2030, with an estimated annual tax burden around $65,873. 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.
9 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 4,253 SF | ✓ |
| 2ND | 2nd Floor | 4,253 SF | ✓ |
| 487 | PARKING UNDER | 2,080 SF | ✓ |
| 551 | PAVED AREA | 1,080 SF | ✗ |
| 011C | PORCH OPEN 1ST COMM | 840 SF | ✗ |
| 012C | PORCH OPEN 2 COMM | 840 SF | ✗ |
| 581C | STORAGE ATT COMM | 20 SF | ✓ |
| 132 | PLBG 5-FIXT AVG | 1 SF | ✓ |
| 413 | STAIRWAY EXT | 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% | $23,215.77 | $23,215.77 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $13,149.00 | $13,149.00 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $9,430.97 | $9,430.97 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,961.52 | $2,961.52 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,594.59 | $2,594.59 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $51,351.85 | $51,351.85 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,424,210 | $2,509,270 | -3.4% |
| Assessed Value | $2,424,210 | $2,509,270 | -3.4% |
| Land Value | $822,000 | $822,000 | +0.0% |
| Improvement Value | $1,602,210 | $1,687,270 | -5.0% |
| Taxable Value | $2,424,210 | $2,509,270 | -3.4% |
| Total Tax 2026 = estimate |
~$49,611
Estimated
|
~$51,352
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $2,424,210 | $2,424,210 | +0 (+0.0%) |
| Taxable Value | $2,424,210 | $2,424,210 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,424,210 | $822,000 | $1,602,210 | — | $2,424,210 | $2,424,210 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $2,509,270 | $822,000 | $1,687,270 | — | $2,509,270 | $2,509,270 | ~$51,352 | Partial |
| 2024 | $2,296,620 | — | — | −$1,474,620 | $822,000 | $— | $47,200 | Verified |
| 2023 | $2,169,030 | — | — | −$1,347,030 | $822,000 | $— | $41,552 | Verified |
| 2022 | $1,730,000 | — | — | −$1,072,400 | $657,600 | $— | $42,837 | Verified |
| 2021 | $1,924,150 | — | — | −$1,266,550 | $657,600 | $— | $37,657 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -3.4% | -3.4% | ~100% | Not available | Partial |
| 2025 | +5.4% | +5.4% | ~100% | Not available | Partial |
| 2024 | +3.7% | +3.7% | ~100% | 1.9800% | Verified |
| 2023 | +5.9% | +5.9% | ~100% | 1.8100% | Verified |
| 2022 | +25.4% | +25.4% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 1.9600% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +45.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -3.4% | +5.4% | +7.6% | +25.4% | 2023 | -10.1% | 2022 |
| Assessment Ratio | 100.0% | 57.6% | — | 100.0% | 2025 | 34.2% | 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 |
$51,352 | $44,119 | ~$59,807 | $51,352 | 2025 | $37,657 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,681,480 | ~$2,681,480 | ~2.0139% | ~$54,003 | +6.9% |
| 2027 | ~$2,865,508 | ~$2,865,508 | ~1.9814% | ~$56,777 | +14.2% |
| 2028 | ~$3,062,166 | ~$3,062,166 | ~1.9488% | ~$59,677 | +22.0% |
| 2029 | ~$3,272,321 | ~$3,272,321 | ~1.9163% | ~$62,707 | +30.4% |
| 2030 | ~$3,496,898 | ~$3,496,898 | ~1.8837% | ~$65,873 | +39.4% |
| 2026 | ~$2,631,294 | ~$2,631,294 | ~2.0465% | ~$53,849 | +4.9% |
| 2027 | ~$2,759,253 | ~$2,759,253 | ~2.0465% | ~$56,468 | +10.0% |
| 2028 | ~$2,893,433 | ~$2,893,433 | ~2.0465% | ~$59,214 | +15.3% |
| 2029 | ~$3,034,139 | ~$3,034,139 | ~2.0465% | ~$62,093 | +20.9% |
| 2030 | ~$3,181,688 | ~$3,181,688 | ~2.0465% | ~$65,113 | +26.8% |
| 2026 | ~$2,731,665 | ~$2,731,665 | ~1.9977% | ~$54,569 | +8.9% |
| 2027 | ~$2,973,771 | ~$2,973,771 | ~1.9488% | ~$57,954 | +18.5% |
| 2028 | ~$3,237,334 | ~$3,237,334 | ~1.9000% | ~$61,510 | +29.0% |
| 2029 | ~$3,524,257 | ~$3,524,257 | ~1.8512% | ~$65,241 | +40.4% |
| 2030 | ~$3,836,610 | ~$3,836,610 | ~1.8024% | ~$69,150 | +52.9% |
In 2025, this property's market value of $2,509,270 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 5× 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 | $2,509,270 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $2,296,620 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $2,169,030 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $1,730,000 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $1,924,150 | $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.