3006 SPEEDWAY TX 78705
| Owner | APANTE INVESTMENTS L P |
|---|---|
| Parcel ID | 0216041311 |
| Short ID | 210430 |
| Type | Real |
| Use Code | 04 Fourplex |
| Valuation | Income |
| Improvement SF | 2,940 SF |
| Land SF | 6,454 SF |
| Acres | 0.148 |
| Year Built | 1924 |
| Legal | N90FT OF LOT 1 * & E10FT OF N90FT OF LOT 2 GROOMS ADDN |
| Neighborhood | Z50005 |
| Land | $541,415 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $541,415 |
| Improvement | $364,255 |
|---|---|
| Total Improvement | $364,255 |
| Market | $905,670 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $905,670 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $905,670 |
| Taxable Value | $905,670 |
|---|
Appreciation: Market value has risen +47.2% from $615,400 (2021) to $905,670 (2025), a CAGR of 10.1% over 4 years. This is strong appreciation — well above typical inflation. 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 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 $18,534. 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 60% of market value ($541,415 land vs $364,255 improvements), about $84/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $905,670, 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 +10.1% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,468,032 by 2030, with an estimated annual tax burden around $27,476. 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 |
|---|---|---|---|
| 095 | HVAC RESIDENTIAL | 2,940 SF | ✗ |
| 1ST | 1st Floor | 1,470 SF | ✓ |
| 2ND | 2nd Floor | 1,470 SF | ✓ |
| 251 | BATHROOM | 4 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% | $8,379.26 | $8,379.26 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $4,745.86 | $4,745.86 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,403.92 | $3,403.92 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,068.90 | $1,068.90 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $936.46 | $936.46 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $18,534.40 | $18,534.40 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $990,184 | $905,670 | +9.3% |
| Assessed Value | $990,184 | $905,670 | +9.3% |
| Land Value | $541,415 | $541,415 | +0.0% |
| Improvement Value | $448,769 | $364,255 | +23.2% |
| Taxable Value | $990,184 | $905,670 | +9.3% |
| Total Tax 2026 = estimate |
~$20,264
Estimated
|
~$18,534
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,026,097 | $990,184 | -35,913 (-3.5%) |
| Taxable Value | $1,026,097 | $990,184 | -35,913 (-3.5%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $990,184 | $541,415 | $448,769 | — | $990,184 | $990,184 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $905,670 | $541,415 | $364,255 | — | $905,670 | $905,670 | ~$18,534 | Partial |
| 2024 | $1,090,000 | — | — | −$490,000 | $600,000 | $— | $20,037 | Verified |
| 2023 | $1,158,023 | — | — | −$733,023 | $425,000 | $— | $19,772 | Verified |
| 2022 | $841,900 | — | — | −$416,900 | $425,000 | $— | $22,870 | Verified |
| 2021 | $615,400 | — | — | −$190,400 | $425,000 | $— | $18,325 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +13.3% | +13.3% | ~100% | Not available | Partial |
| 2025 | -10.4% | -10.4% | ~100% | Not available | Partial |
| 2024 | -16.7% | -16.7% | ~100% | 1.9800% | Verified |
| 2023 | +4.9% | +4.9% | ~100% | 1.6300% | Verified |
| 2022 | +37.5% | +37.5% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.9800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +7.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +9.3% | +12.2% | +8.3% | +37.5% | 2023 | -16.9% | 2025 |
| Assessment Ratio | 100.0% | 68.5% | — | 100.0% | 2025 | 36.7% | 2023 |
| 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 |
$18,534 | $19,908 | ~$23,631 | $22,870 | 2022 | $18,325 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$997,523 | ~$996,237 | ~2.0139% | ~$20,064 | +10.1% |
| 2027 | ~$1,098,693 | ~$1,095,861 | ~1.9814% | ~$21,713 | +21.3% |
| 2028 | ~$1,210,123 | ~$1,205,447 | ~1.9488% | ~$23,492 | +33.6% |
| 2029 | ~$1,332,854 | ~$1,325,991 | ~1.9163% | ~$25,410 | +47.2% |
| 2030 | ~$1,468,032 | ~$1,458,591 | ~1.8837% | ~$27,476 | +62.1% |
| 2026 | ~$979,410 | ~$979,410 | ~2.0465% | ~$20,043 | +8.1% |
| 2027 | ~$1,059,154 | ~$1,059,154 | ~2.0465% | ~$21,675 | +16.9% |
| 2028 | ~$1,145,391 | ~$1,145,391 | ~2.0465% | ~$23,440 | +26.5% |
| 2029 | ~$1,238,649 | ~$1,238,649 | ~2.0465% | ~$25,349 | +36.8% |
| 2030 | ~$1,339,500 | ~$1,339,500 | ~2.0465% | ~$27,413 | +47.9% |
| 2026 | ~$1,015,637 | ~$996,237 | ~1.9977% | ~$19,901 | +12.1% |
| 2027 | ~$1,138,956 | ~$1,095,861 | ~1.9488% | ~$21,357 | +25.8% |
| 2028 | ~$1,277,248 | ~$1,205,447 | ~1.9000% | ~$22,904 | +41.0% |
| 2029 | ~$1,432,332 | ~$1,325,991 | ~1.8512% | ~$24,547 | +58.2% |
| 2030 | ~$1,606,247 | ~$1,458,591 | ~1.8024% | ~$26,289 | +77.4% |
In 2025, this property's market value of $905,670 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — +74% above 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 | $905,670 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $1,090,000 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $1,158,023 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $841,900 | $506,618 | $615,058 | $906,429 | ↑ Above median | +39.1% |
| 2021 | $615,400 | $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.