3311 SPEEDWAY TX 78705
| Owner | 3313 SPEEDWAY LLC |
|---|---|
| Parcel ID | 0218041401 |
| Short ID | 213019 |
| Type | Real |
| Use Code | 04 Fourplex |
| Valuation | Income |
| Improvement SF | 2,128 SF |
| Land SF | 4,362 SF |
| Acres | 0.100 |
| Year Built | 1949 |
| Legal | W73.21FT OF LOT 6 BLK 13 DIV D GROOMS ADDN |
| Neighborhood | Z50005 |
| Land | $491,115 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $491,115 |
| Improvement | $361,836 |
|---|---|
| Total Improvement | $361,836 |
| Market | $852,951 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $852,951 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $852,951 |
| Taxable Value | $852,951 |
|---|
Appreciation: Market value has risen +56.2% from $546,100 (2021) to $852,951 (2025), a CAGR of 11.8% 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 $17,456. 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 58% of market value ($491,115 land vs $361,836 improvements), about $113/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $852,951, 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 +11.8% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,489,323 by 2030, with an estimated annual tax burden around $25,877. 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.
6 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 095 | HVAC RESIDENTIAL | 2,128 SF | ✗ |
| 1ST | 1st Floor | 1,064 SF | ✓ |
| 2ND | 2nd Floor | 1,064 SF | ✓ |
| 011 | PORCH OPEN 1ST F | 114 SF | ✗ |
| 012 | PORCH OPEN 2ND F | 114 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% | $7,891.50 | $7,891.50 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $4,469.61 | $4,469.61 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,205.77 | $3,205.77 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,006.68 | $1,006.68 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $881.95 | $881.95 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $17,455.51 | $17,455.51 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $917,000 | $852,951 | +7.5% |
| Assessed Value | $917,000 | $852,951 | +7.5% |
| Land Value | $491,115 | $491,115 | +0.0% |
| Improvement Value | $425,885 | $361,836 | +17.7% |
| Taxable Value | $917,000 | $852,951 | +7.5% |
| Total Tax 2026 = estimate |
~$18,766
Estimated
|
~$17,456
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $969,949 | $917,000 | -52,949 (-5.5%) |
| Taxable Value | $969,949 | $917,000 | -52,949 (-5.5%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $917,000 | $491,115 | $425,885 | — | $917,000 | $917,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $852,951 | $491,115 | $361,836 | — | $852,951 | $852,951 | ~$17,456 | Partial |
| 2024 | $1,140,613 | — | — | −$660,613 | $480,000 | $— | $17,675 | Verified |
| 2023 | $1,140,613 | — | — | −$800,613 | $340,000 | $— | $20,636 | Verified |
| 2022 | $700,000 | — | — | −$360,000 | $340,000 | $— | $22,526 | Verified |
| 2021 | $546,100 | — | — | −$206,100 | $340,000 | $— | $15,257 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +13.7% | +13.7% | ~100% | Not available | Partial |
| 2025 | -4.4% | -4.4% | ~100% | Not available | Partial |
| 2024 | -21.8% | -21.8% | ~100% | 1.9800% | Verified |
| 2023 | +0.0% | +0.0% | ~100% | 1.8100% | Verified |
| 2022 | +58.7% | +58.7% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.7900% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +18.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +7.5% | +14.7% | +10.2% | +62.9% | 2023 | -25.2% | 2025 |
| Assessment Ratio | 100.0% | 63.8% | — | 100.0% | 2025 | 29.8% | 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 |
$17,456 | $18,710 | ~$22,256 | $22,526 | 2022 | $15,257 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$953,536 | ~$938,246 | ~2.0139% | ~$18,896 | +11.8% |
| 2027 | ~$1,065,982 | ~$1,032,071 | ~1.9814% | ~$20,449 | +25.0% |
| 2028 | ~$1,191,689 | ~$1,135,278 | ~1.9488% | ~$22,125 | +39.7% |
| 2029 | ~$1,332,220 | ~$1,248,806 | ~1.9163% | ~$23,931 | +56.2% |
| 2030 | ~$1,489,323 | ~$1,373,686 | ~1.8837% | ~$25,877 | +74.6% |
| 2026 | ~$936,477 | ~$936,477 | ~2.0465% | ~$19,165 | +9.8% |
| 2027 | ~$1,028,182 | ~$1,028,182 | ~2.0465% | ~$21,042 | +20.5% |
| 2028 | ~$1,128,868 | ~$1,128,868 | ~2.0465% | ~$23,102 | +32.3% |
| 2029 | ~$1,239,413 | ~$1,239,413 | ~2.0465% | ~$25,364 | +45.3% |
| 2030 | ~$1,360,783 | ~$1,360,783 | ~2.0465% | ~$27,848 | +59.5% |
| 2026 | ~$970,595 | ~$938,246 | ~1.9977% | ~$18,743 | +13.8% |
| 2027 | ~$1,104,465 | ~$1,032,071 | ~1.9488% | ~$20,113 | +29.5% |
| 2028 | ~$1,256,799 | ~$1,135,278 | ~1.9000% | ~$21,570 | +47.3% |
| 2029 | ~$1,430,144 | ~$1,248,806 | ~1.8512% | ~$23,118 | +67.7% |
| 2030 | ~$1,627,398 | ~$1,373,686 | ~1.8024% | ~$24,759 | +90.8% |
In 2025, this property's market value of $852,951 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — +64% 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 | $852,951 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $1,140,613 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $1,140,613 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $700,000 | $506,618 | $615,058 | $906,429 | ↑ Above median | +39.1% |
| 2021 | $546,100 | $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.