3704 SPEEDWAY TX 78705
| Owner | CSC SPEEDWAY 38 REALTY LLC |
|---|---|
| Parcel ID | 0218040319 |
| Short ID | 212841 |
| Type | Real |
| Use Code | 06 Apartment 26–49 Units |
| Valuation | Income |
| Improvement SF | 15,039 SF |
| Land SF | 20,758 SF |
| Acres | 0.477 |
| Year Built | 1967 |
| Legal | LOT 6-7&9 BLK 2 OLT 77 DIV D SIMMS RESUB OF BUDDINGTON SUBD |
| Neighborhood | 06WC2 |
| Land | $2,075,800 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,075,800 |
| Improvement | $2,304,200 |
|---|---|
| Total Improvement | $2,304,200 |
| Market | $4,380,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $4,380,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $4,380,000 |
| Taxable Value | $4,380,000 |
|---|
Appreciation: Market value has risen +26.6% from $3,458,970 (2021) to $4,380,000 (2025), a CAGR of 6.1% over 4 years. This represents moderate, steady growth. 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 +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 $89,636. 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 47% of market value ($2,075,800 land vs $2,304,200 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 $4,380,000, 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 +6.1% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $5,883,466 by 2030, with an estimated annual tax burden around $110,829. 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 |
|---|---|---|---|
| 551 | PAVED AREA | 10,700 SF | ✗ |
| 1ST | 1st Floor | 7,572 SF | ✓ |
| 2ND | 2nd Floor | 7,467 SF | ✓ |
| 011C | PORCH OPEN 1ST COMM | 827 SF | ✗ |
| 012C | PORCH OPEN 2 COMM | 827 SF | ✗ |
| 611 | TERRACE | 540 SF | ✗ |
| 132 | PLBG 5-FIXT AVG | 1 SF | ✓ |
| 242 | OBS OVEN/BURN | 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% | $40,523.76 | $40,523.76 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $22,951.94 | $22,951.94 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $16,462.01 | $16,462.01 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $5,169.41 | $5,169.41 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $4,528.92 | $4,528.92 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $89,636.04 | $89,636.04 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $3,300,000 | $4,380,000 | -24.7% |
| Assessed Value | $3,300,000 | $4,380,000 | -24.7% |
| Land Value | $2,075,800 | $2,075,800 | +0.0% |
| Improvement Value | $1,224,200 | $2,304,200 | -46.9% |
| Taxable Value | $3,300,000 | $4,380,000 | -24.7% |
| Total Tax 2026 = estimate |
~$67,534
Estimated
|
~$89,636
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $3,300,000 | $3,300,000 | +0 (+0.0%) |
| Taxable Value | $3,300,000 | $3,300,000 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $3,300,000 | $2,075,800 | $1,224,200 | — | $3,300,000 | $3,300,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $4,380,000 | $2,075,800 | $2,304,200 | — | $4,380,000 | $4,380,000 | ~$89,636 | Partial |
| 2024 | $3,834,945 | — | — | −$1,759,145 | $2,075,800 | $— | $84,430 | Verified |
| 2023 | $3,458,970 | — | — | −$1,383,170 | $2,075,800 | $— | $69,384 | Verified |
| 2022 | $3,437,840 | — | — | −$1,673,410 | $1,764,430 | $— | $68,312 | Verified |
| 2021 | $3,458,970 | — | — | −$1,694,540 | $1,764,430 | $— | $71,975 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -24.7% | -24.7% | ~100% | Not available | Partial |
| 2025 | -1.6% | -1.6% | ~100% | Not available | Partial |
| 2024 | +16.0% | +16.0% | ~100% | 1.9000% | Verified |
| 2023 | +10.9% | +10.9% | ~100% | 1.8100% | Verified |
| 2022 | +0.6% | +0.6% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.0800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +27.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -24.7% | +0.1% | +13.0% | +14.2% | 2025 | -24.7% | 2026 |
| Assessment Ratio | 100.0% | 69.4% | — | 100.0% | 2025 | 51.0% | 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 |
$89,636 | $76,747 | ~$102,047 | $89,636 | 2025 | $68,312 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$4,646,286 | ~$4,646,286 | ~2.0139% | ~$93,573 | +6.1% |
| 2027 | ~$4,928,761 | ~$4,928,761 | ~1.9814% | ~$97,658 | +12.5% |
| 2028 | ~$5,228,410 | ~$5,228,410 | ~1.9488% | ~$101,893 | +19.4% |
| 2029 | ~$5,546,275 | ~$5,546,275 | ~1.9163% | ~$106,283 | +26.6% |
| 2030 | ~$5,883,466 | ~$5,883,466 | ~1.8837% | ~$110,829 | +34.3% |
| 2026 | ~$4,558,686 | ~$4,558,686 | ~2.0465% | ~$93,293 | +4.1% |
| 2027 | ~$4,744,662 | ~$4,744,662 | ~2.0465% | ~$97,099 | +8.3% |
| 2028 | ~$4,938,224 | ~$4,938,224 | ~2.0465% | ~$101,060 | +12.7% |
| 2029 | ~$5,139,684 | ~$5,139,684 | ~2.0465% | ~$105,183 | +17.3% |
| 2030 | ~$5,349,362 | ~$5,349,362 | ~2.0465% | ~$109,474 | +22.1% |
| 2026 | ~$4,733,886 | ~$4,733,886 | ~1.9977% | ~$94,567 | +8.1% |
| 2027 | ~$5,116,365 | ~$5,116,365 | ~1.9488% | ~$99,710 | +16.8% |
| 2028 | ~$5,529,746 | ~$5,529,746 | ~1.9000% | ~$105,066 | +26.2% |
| 2029 | ~$5,976,527 | ~$5,976,527 | ~1.8512% | ~$110,637 | +36.5% |
| 2030 | ~$6,459,405 | ~$6,459,405 | ~1.8024% | ~$116,422 | +47.5% |
In 2025, this property's market value of $4,380,000 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 8× 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 | $4,380,000 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $3,834,945 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $3,458,970 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $3,437,840 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $3,458,970 | $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.