3205 SPEEDWAY TX 78705
| Owner | 3205 SPEEDWAY LLC |
|---|---|
| Parcel ID | 0218042002 |
| Short ID | 213082 |
| Type | Real |
| Use Code | 05 Apartment 5–25 Units |
| Valuation | Income |
| Improvement SF | 14,660 SF |
| Land SF | 16,920 SF |
| Acres | 0.388 |
| Year Built | 1984 |
| Legal | LOT 3-4 BLK 14 DIV D GROOMS ADDN |
| Neighborhood | 05WC2 |
| Land | $1,692,000 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,692,000 |
| Improvement | $2,628,000 |
|---|---|
| Total Improvement | $2,628,000 |
| Market | $4,320,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $4,320,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $4,320,000 |
| Taxable Value | $4,320,000 |
|---|
Appreciation: Market value has risen +34.8% from $3,203,800 (2021) to $4,320,000 (2025), a CAGR of 7.8% over 4 years. This represents moderate, steady growth. Most of this growth came in a single year (2024→2025), 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 $88,408. 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 39% of market value ($1,692,000 land vs $2,628,000 improvements), about $100/SF of land. Most value sits in the improvements, so building condition, age (~42 yrs), and rent roll drive the underwriting.
Submarket Position: At $4,320,000, 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 +7.8% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $6,277,066 by 2030, with an estimated annual tax burden around $118,244. 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.
22 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| SO | Sketch Only | 7,906 SF | ✗ |
| 2ND | 2nd Floor | 7,282 SF | ✓ |
| 3RD | 3rd Floor | 7,282 SF | ✓ |
| 551 | PAVED AREA | 6,148 SF | ✗ |
| 591 | MASONRY TRIM SF | 2,825 SF | ✗ |
| 011C | PORCH OPEN 1ST COMM | 864 SF | ✗ |
| 012C | PORCH OPEN 2 COMM | 808 SF | ✗ |
| 013C | PORCH OPEN 3 COMM | 808 SF | ✗ |
| 611 | TERRACE | 528 SF | ✗ |
| 511 | DECK | 504 SF | ✗ |
| 1ST | 1st Floor | 96 SF | ✓ |
| 132 | PLBG 5-FIXT AVG | 1 SF | ✓ |
| 142 | BATHTUB AVG | 1 SF | ✓ |
| 152 | COMMODE AVG | 1 SF | ✓ |
| 162 | LAVATORY AVG | 1 SF | ✓ |
| 182 | SINK AVG | 1 SF | ✓ |
| 242 | OBS OVEN/BURN | 1 SF | ✓ |
| 287 | PARKING UNDER FV | 1 SF | ✓ |
| 303 | STAIRWAYS FV | 1 SF | ✓ |
| 349 | SPA FV | 1 SF | ✗ |
| 521 | FIREPLACE | 1 SF | ✓ |
| 539 | FENCE FV | 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% | $39,968.64 | $39,968.64 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $22,637.53 | $22,637.53 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $16,236.50 | $16,236.50 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $5,098.59 | $5,098.59 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $4,466.88 | $4,466.88 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $88,408.14 | $88,408.14 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $3,980,000 | $4,320,000 | -7.9% |
| Assessed Value | $3,980,000 | $4,320,000 | -7.9% |
| Land Value | $1,692,000 | $1,692,000 | +0.0% |
| Improvement Value | $2,288,000 | $2,628,000 | -12.9% |
| Taxable Value | $3,980,000 | $4,320,000 | -7.9% |
| Total Tax 2026 = estimate |
~$81,450
Estimated
|
~$88,408
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $4,176,000 | $3,980,000 | -196,000 (-4.7%) |
| Taxable Value | $4,176,000 | $3,980,000 | -196,000 (-4.7%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $3,980,000 | $1,692,000 | $2,288,000 | — | $3,980,000 | $3,980,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $4,320,000 | $1,692,000 | $2,628,000 | — | $4,320,000 | $4,320,000 | ~$88,408 | Partial |
| 2024 | $3,380,000 | — | — | −$1,688,000 | $1,692,000 | $— | $77,053 | Verified |
| 2023 | $3,298,500 | — | — | −$1,606,500 | $1,692,000 | $— | $61,153 | Verified |
| 2022 | $3,215,000 | — | — | −$1,861,400 | $1,353,600 | $— | $65,143 | Verified |
| 2021 | $3,203,800 | — | — | −$1,850,200 | $1,353,600 | $— | $69,980 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -3.3% | -3.3% | ~100% | Not available | Partial |
| 2025 | +11.1% | +11.1% | ~100% | Not available | Partial |
| 2024 | +15.0% | +15.0% | ~100% | 1.9800% | Verified |
| 2023 | +2.5% | +2.5% | ~100% | 1.8100% | Verified |
| 2022 | +2.6% | +2.6% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +34.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -7.9% | +5.1% | +9.6% | +27.8% | 2025 | -7.9% | 2026 |
| Assessment Ratio | 100.0% | 64.3% | — | 100.0% | 2025 | 42.1% | 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 |
$88,408 | $72,347 | ~$105,673 | $88,408 | 2025 | $61,153 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$4,655,200 | ~$4,655,200 | ~2.0139% | ~$93,753 | +7.8% |
| 2027 | ~$5,016,409 | ~$5,016,409 | ~1.9814% | ~$99,395 | +16.1% |
| 2028 | ~$5,405,645 | ~$5,405,645 | ~1.9488% | ~$105,347 | +25.1% |
| 2029 | ~$5,825,083 | ~$5,825,083 | ~1.9163% | ~$111,626 | +34.8% |
| 2030 | ~$6,277,066 | ~$6,277,066 | ~1.8837% | ~$118,244 | +45.3% |
| 2026 | ~$4,568,800 | ~$4,568,800 | ~2.0465% | ~$93,500 | +5.8% |
| 2027 | ~$4,831,929 | ~$4,831,929 | ~2.0465% | ~$98,885 | +11.9% |
| 2028 | ~$5,110,212 | ~$5,110,212 | ~2.0465% | ~$104,580 | +18.3% |
| 2029 | ~$5,404,522 | ~$5,404,522 | ~2.0465% | ~$110,603 | +25.1% |
| 2030 | ~$5,715,783 | ~$5,715,783 | ~2.0465% | ~$116,973 | +32.3% |
| 2026 | ~$4,741,600 | ~$4,741,600 | ~1.9977% | ~$94,721 | +9.8% |
| 2027 | ~$5,204,345 | ~$5,204,345 | ~1.9488% | ~$101,424 | +20.5% |
| 2028 | ~$5,712,250 | ~$5,712,250 | ~1.9000% | ~$108,534 | +32.2% |
| 2029 | ~$6,269,723 | ~$6,269,723 | ~1.8512% | ~$116,065 | +45.1% |
| 2030 | ~$6,881,602 | ~$6,881,602 | ~1.8024% | ~$124,032 | +59.3% |
In 2025, this property's market value of $4,320,000 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 | $4,320,000 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $3,380,000 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $3,298,500 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $3,215,000 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $3,203,800 | $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.