400 W 34 ST TX 78705
| Owner | VAKHARIA DINESH J & ZARINE S G |
|---|---|
| Parcel ID | 0218040724 |
| Short ID | 212915 |
| Type | Real |
| Use Code | 05 Apartment 5–25 Units |
| Valuation | Income |
| Improvement SF | 3,802 SF |
| Land SF | 7,250 SF |
| Acres | 0.166 |
| Year Built | 1973 |
| Legal | LOT 6 BLK 5 OLT 77 DIV D BUDDINGTON SUBD |
| Neighborhood | 05WC2 |
| Land | $906,188 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $906,188 |
| Improvement | $576,592 |
|---|---|
| Total Improvement | $576,592 |
| Market | $1,482,780 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,482,780 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,482,780 |
| Taxable Value | $1,482,780 |
|---|
Appreciation: Market value has risen +32.0% from $1,122,960 (2021) to $1,482,780 (2025), a CAGR of 7.2% 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 $30,345. 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 61% of market value ($906,188 land vs $576,592 improvements), about $125/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $1,482,780, 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 +7.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,098,782 by 2030, with an estimated annual tax burden around $39,536. 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.
12 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 3,300 SF | ✗ |
| 2ND | 2nd Floor | 2,048 SF | ✓ |
| 1ST | 1st Floor | 1,754 SF | ✓ |
| SO | Sketch Only | 671 SF | ✗ |
| 591 | MASONRY TRIM SF | 500 SF | ✗ |
| 011C | PORCH OPEN 1ST COMM | 437 SF | ✗ |
| 012C | PORCH OPEN 2 COMM | 304 SF | ✗ |
| 581C | STORAGE ATT COMM | 161 SF | ✓ |
| 541 | FENCE COMM LF | 100 SF | ✗ |
| 132 | PLBG 5-FIXT AVG | 1 SF | ✓ |
| 269 | OBS RANGE DRP-IN | 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% | $13,718.68 | $13,718.68 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $7,770.02 | $7,770.02 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $5,572.95 | $5,572.95 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,750.02 | $1,750.02 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,533.19 | $1,533.19 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $30,344.86 | $30,344.86 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,558,820 | $1,482,780 | +5.1% |
| Assessed Value | $1,558,820 | $1,482,780 | +5.1% |
| Land Value | $724,950 | $906,188 | -20.0% |
| Improvement Value | $833,870 | $576,592 | +44.6% |
| Taxable Value | $1,558,820 | $1,482,780 | +5.1% |
| Total Tax 2026 = estimate |
~$31,901
Estimated
|
~$30,345
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,558,820 | $1,558,820 | +0 (+0.0%) |
| Taxable Value | $1,558,820 | $1,558,820 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,558,820 | $724,950 | $833,870 | — | $1,558,820 | $1,558,820 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,482,780 | $906,188 | $576,592 | — | $1,482,780 | $1,482,780 | ~$30,345 | Partial |
| 2024 | $1,311,690 | — | — | −$405,502 | $906,188 | $— | $25,407 | Verified |
| 2023 | $1,233,000 | — | — | −$326,812 | $906,188 | $— | $23,732 | Verified |
| 2022 | $1,159,610 | — | — | −$479,969 | $679,641 | $— | $22,324 | Verified |
| 2021 | $1,122,960 | — | — | −$443,319 | $679,641 | $— | $25,241 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +5.1% | +5.1% | ~100% | Not available | Partial |
| 2025 | +15.7% | +15.7% | ~100% | Not available | Partial |
| 2024 | -2.3% | -2.3% | ~100% | 1.9800% | Verified |
| 2023 | +6.4% | +6.4% | ~100% | 1.8100% | Verified |
| 2022 | +6.3% | +6.3% | ~100% | 1.8100% | Verified |
| 2021 | base year | — | ~100% | 2.2500% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +27.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +5.1% | +6.8% | +6.2% | +13.0% | 2025 | +3.3% | 2022 |
| Assessment Ratio | 100.0% | 77.0% | — | 100.0% | 2025 | 58.6% | 2022 |
| 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 |
$30,345 | $25,410 | ~$35,684 | $30,345 | 2025 | $22,324 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,589,479 | ~$1,589,479 | ~2.0139% | ~$32,011 | +7.2% |
| 2027 | ~$1,703,856 | ~$1,703,856 | ~1.9814% | ~$33,760 | +14.9% |
| 2028 | ~$1,826,464 | ~$1,826,464 | ~1.9488% | ~$35,595 | +23.2% |
| 2029 | ~$1,957,894 | ~$1,957,894 | ~1.9163% | ~$37,519 | +32.0% |
| 2030 | ~$2,098,782 | ~$2,098,782 | ~1.8837% | ~$39,536 | +41.5% |
| 2026 | ~$1,559,824 | ~$1,559,824 | ~2.0465% | ~$31,922 | +5.2% |
| 2027 | ~$1,640,870 | ~$1,640,870 | ~2.0465% | ~$33,580 | +10.7% |
| 2028 | ~$1,726,128 | ~$1,726,128 | ~2.0465% | ~$35,325 | +16.4% |
| 2029 | ~$1,815,815 | ~$1,815,815 | ~2.0465% | ~$37,160 | +22.5% |
| 2030 | ~$1,910,163 | ~$1,910,163 | ~2.0465% | ~$39,091 | +28.8% |
| 2026 | ~$1,619,135 | ~$1,619,135 | ~1.9977% | ~$32,345 | +9.2% |
| 2027 | ~$1,768,028 | ~$1,768,028 | ~1.9488% | ~$34,456 | +19.2% |
| 2028 | ~$1,930,614 | ~$1,930,614 | ~1.9000% | ~$36,682 | +30.2% |
| 2029 | ~$2,108,151 | ~$2,108,151 | ~1.8512% | ~$39,026 | +42.2% |
| 2030 | ~$2,302,014 | ~$2,302,014 | ~1.8024% | ~$41,491 | +55.2% |
In 2025, this property's market value of $1,482,780 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — +185% 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 | $1,482,780 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $1,311,690 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $1,233,000 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $1,159,610 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $1,122,960 | $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.