3406 SPEEDWAY TX 78705
| Owner | STERN JOSH |
|---|---|
| Parcel ID | 0218040918 |
| Short ID | 212981 |
| Type | Real |
| Use Code | 04 Fourplex |
| Valuation | Income |
| Improvement SF | 2,200 SF |
| Land SF | 8,612 SF |
| Acres | 0.198 |
| Year Built | 1958 |
| Legal | LOT 7 BLK 1 OLT 77 DIV D BOES C J RESUB OF BUDDINGTON |
| Neighborhood | Z50005 |
| Land | $426,723 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $426,723 |
| Improvement | $231,749 |
|---|---|
| Total Improvement | $231,749 |
| Market | $658,472 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $658,472 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $658,472 |
| Taxable Value | $658,472 |
|---|
Appreciation: Market value has risen +11.6% from $590,000 (2021) to $658,472 (2025), a CAGR of 2.8% over 4 years. Growth has been relatively flat for this asset class. 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 $13,476. 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 65% of market value ($426,723 land vs $231,749 improvements), about $50/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $658,472, this parcel sits in the upper-middle (50th–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 +2.8% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $755,343 by 2030, with an estimated annual tax burden around $14,229. 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.
5 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 2,200 SF | ✓ |
| 011 | PORCH OPEN 1ST F | 384 SF | ✗ |
| 041 | GARAGE ATT 1ST F | 308 SF | ✓ |
| SO | Sketch Only | 176 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% | $6,092.18 | $6,092.18 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $3,450.51 | $3,450.51 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,474.83 | $2,474.83 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $777.15 | $777.15 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $680.86 | $680.86 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $13,475.53 | $13,475.53 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $648,250 | $658,472 | -1.6% |
| Assessed Value | $648,250 | $658,472 | -1.6% |
| Land Value | $426,723 | $426,723 | +0.0% |
| Improvement Value | $221,527 | $231,749 | -4.4% |
| Taxable Value | $648,250 | $658,472 | -1.6% |
| Total Tax 2026 = estimate |
~$13,266
Estimated
|
~$13,476
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $785,733 | $648,250 | -137,483 (-17.5%) |
| Taxable Value | $785,733 | $648,250 | -137,483 (-17.5%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $648,250 | $426,723 | $221,527 | — | $648,250 | $648,250 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $658,472 | $426,723 | $231,749 | — | $658,472 | $658,472 | ~$13,476 | Partial |
| 2024 | $729,319 | — | — | −$267,319 | $462,000 | $— | $13,377 | Verified |
| 2023 | $825,000 | — | — | −$497,750 | $327,250 | $— | $13,195 | Verified |
| 2022 | $679,583 | — | — | −$352,333 | $327,250 | $— | $16,293 | Verified |
| 2021 | $590,000 | — | — | −$122,500 | $467,500 | $— | $14,792 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +19.3% | +19.3% | ~100% | Not available | Partial |
| 2025 | -2.4% | -2.4% | ~100% | Not available | Partial |
| 2024 | -7.4% | -7.4% | ~100% | 1.9800% | Verified |
| 2023 | -11.6% | -11.6% | ~100% | 1.8100% | Verified |
| 2022 | +21.4% | +21.4% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.5100% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -3.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -1.6% | +2.7% | +3.1% | +21.4% | 2023 | -11.6% | 2024 |
| Assessment Ratio | 100.0% | 71.7% | — | 100.0% | 2025 | 39.7% | 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 |
$13,476 | $14,227 | ~$13,932 | $16,293 | 2022 | $13,195 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$676,797 | ~$676,797 | ~2.0139% | ~$13,630 | +2.8% |
| 2027 | ~$695,633 | ~$695,633 | ~1.9814% | ~$13,783 | +5.6% |
| 2028 | ~$714,992 | ~$714,992 | ~1.9488% | ~$13,934 | +8.6% |
| 2029 | ~$734,890 | ~$734,890 | ~1.9163% | ~$14,083 | +11.6% |
| 2030 | ~$755,343 | ~$755,343 | ~1.8837% | ~$14,229 | +14.7% |
| 2026 | ~$663,628 | ~$663,628 | ~2.0465% | ~$13,581 | +0.8% |
| 2027 | ~$668,824 | ~$668,824 | ~2.0465% | ~$13,687 | +1.6% |
| 2028 | ~$674,061 | ~$674,061 | ~2.0465% | ~$13,795 | +2.4% |
| 2029 | ~$679,339 | ~$679,339 | ~2.0465% | ~$13,903 | +3.2% |
| 2030 | ~$684,658 | ~$684,658 | ~2.0465% | ~$14,011 | +4.0% |
| 2026 | ~$689,967 | ~$689,967 | ~1.9977% | ~$13,783 | +4.8% |
| 2027 | ~$722,968 | ~$722,968 | ~1.9488% | ~$14,089 | +9.8% |
| 2028 | ~$757,548 | ~$757,548 | ~1.9000% | ~$14,394 | +15.0% |
| 2029 | ~$793,781 | ~$793,781 | ~1.8512% | ~$14,694 | +20.5% |
| 2030 | ~$831,748 | ~$831,748 | ~1.8024% | ~$14,991 | +26.3% |
In 2025, this property's market value of $658,472 places it in the 50th–75th percentile for Multi-Family properties in Travis County (12584 comparable) — +27% 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 | $658,472 | $438,669 | $519,778 | $749,859 | ↑ Above median | -7.5% |
| 2024 | $729,319 | $467,458 | $564,615 | $848,565 | ↑ Above median | -6.3% |
| 2023 | $825,000 | $503,905 | $617,035 | $919,932 | ↑ Above median | +0.9% |
| 2022 | $679,583 | $506,618 | $615,058 | $906,429 | ↑ Above median | +39.1% |
| 2021 | $590,000 | $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.