4300 SPEEDWAY TX 78751
| Owner | 43RD SPEEDWAY LLC |
|---|---|
| Parcel ID | 0220060311 |
| Short ID | 215760 |
| Type | Real |
| Use Code | 30 Strip Center (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 10,088 SF |
| Land SF | 48,750 SF |
| Acres | 1.119 |
| Year Built | 1967 |
| Legal | LOT 17-26 BLK 14 & LOT 7-11 BLK 15 HYDE PARK ADDN NO 1 |
| Neighborhood | 52CEN |
| Land | $2,681,250 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,681,250 |
| Improvement | $1,878,750 |
|---|---|
| Total Improvement | $1,878,750 |
| Market | $4,560,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $4,560,000 |
| Value Limitation Adjustment (−) (homestead cap) | −$477,415 |
| Net Appraised (assessed) | $4,082,585 |
| Taxable Value | $4,082,585 |
|---|
Appreciation: Market value has risen +62.5% from $2,806,093 (2021) to $4,560,000 (2025), a CAGR of 12.9% over 4 years. This is strong appreciation — well above typical inflation. 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 Commercial parcel countywide rose +24.1%, so this parcel has outpaced the broader commercial 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 $83,549. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Assessment Gap: Assessed value ($4,082,585) is $477,415 below market value, suggesting potential for an upward assessment in future years.
Asset Class: Commercial. No homestead exemptions apply — full market value is taxable. 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 59% of market value ($2,681,250 land vs $1,878,750 improvements), about $55/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $4,560,000, this parcel sits in the top quartile (≥75th percentile) of Commercial property in Travis County — county median $1,417,484 (P25 $649,268 / P75 $3,347,260, n=13,608). Commercial here is the broad TCAD category — every commercial 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 +12.9% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $8,366,490 by 2030, with an estimated annual tax burden around $123,857. 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.
3 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 14,300 SF | ✗ |
| 1ST | 1st Floor | 10,088 SF | ✓ |
| 501 | CANOPY | 1,432 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% | $37,772.08 | $37,772.08 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $21,393.44 | $21,393.44 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $15,344.19 | $15,344.19 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $4,818.39 | $4,818.39 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $4,221.39 | $4,221.39 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $83,549.49 | $83,549.49 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $4,542,372 | $4,560,000 | -0.4% |
| Assessed Value | $4,542,372 | $4,082,585 | +11.3% |
| Land Value | $2,681,250 | $2,681,250 | +0.0% |
| Improvement Value | $1,861,122 | $1,878,750 | -0.9% |
| Taxable Value | $4,542,372 | $4,082,585 | +11.3% |
| Total Tax 2026 = estimate |
~$92,959
Estimated
|
~$83,549
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $4,665,450 | $4,542,372 | -123,078 (-2.6%) |
| Taxable Value | $4,665,450 | $4,542,372 | -123,078 (-2.6%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $4,542,372 | $2,681,250 | $1,861,122 | — | $4,542,372 | $4,542,372 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $4,560,000 | $2,681,250 | $1,878,750 | −$477,415 | $4,082,585 | $4,082,585 | ~$83,549 | Partial |
| 2024 | $2,835,128 | — | — | −$153,878 | $2,681,250 | $— | $67,424 | Verified |
| 2023 | $2,878,317 | — | — | — | — | $— | $51,294 | Verified |
| 2022 | $2,807,865 | — | — | — | — | $— | $56,845 | Verified |
| 2021 | $2,806,093 | — | — | −$124,843 | $2,681,250 | $— | $61,118 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +2.3% | +14.3% | ~100% | Not available | Partial |
| 2025 | +0.1% | -10.4% | 89.5% | Not available | Partial |
| 2024 | +60.7% | +60.7% | ~100% | 1.4800% | Verified |
| 2023 | -1.5% | -1.5% | ~100% | 1.8100% | Verified |
| 2022 | +2.5% | +2.5% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +62.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -0.4% | +12.3% | +13.0% | +60.8% | 2025 | -1.5% | 2024 |
| Assessment Ratio | 100.0% | 94.9% | — | 100.0% | 2026 | 89.5% | 2025 |
| Effective Tax Rate (2025) | 1.8300% | 1.8300% | — | 1.8300% | 2025 | 1.8300% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$83,549 | $64,046 | ~$106,524 | $83,549 | 2025 | $51,294 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$5,148,498 | ~$4,490,844 | ~2.0139% | ~$90,443 | +12.9% |
| 2027 | ~$5,812,945 | ~$4,939,928 | ~1.9814% | ~$97,879 | +27.5% |
| 2028 | ~$6,563,144 | ~$5,433,921 | ~1.9488% | ~$105,898 | +43.9% |
| 2029 | ~$7,410,161 | ~$5,977,313 | ~1.9163% | ~$114,543 | +62.5% |
| 2030 | ~$8,366,490 | ~$6,575,044 | ~1.8837% | ~$123,857 | +83.5% |
| 2026 | ~$5,057,298 | ~$4,490,844 | ~2.0465% | ~$91,904 | +10.9% |
| 2027 | ~$5,608,829 | ~$4,939,928 | ~2.0465% | ~$101,095 | +23.0% |
| 2028 | ~$6,220,509 | ~$5,433,921 | ~2.0465% | ~$111,204 | +36.4% |
| 2029 | ~$6,898,896 | ~$5,977,313 | ~2.0465% | ~$122,325 | +51.3% |
| 2030 | ~$7,651,266 | ~$6,575,044 | ~2.0465% | ~$134,557 | +67.8% |
| 2026 | ~$5,239,698 | ~$4,490,844 | ~1.9977% | ~$89,712 | +14.9% |
| 2027 | ~$6,020,709 | ~$4,939,928 | ~1.9488% | ~$96,271 | +32.0% |
| 2028 | ~$6,918,135 | ~$5,433,921 | ~1.9000% | ~$103,245 | +51.7% |
| 2029 | ~$7,949,329 | ~$5,977,313 | ~1.8512% | ~$110,652 | +74.3% |
| 2030 | ~$9,134,228 | ~$6,575,044 | ~1.8024% | ~$118,507 | +100.3% |
In 2025, this property's market value of $4,560,000 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 3× the county median of $1,417,484. Commercial here is the broad TCAD category — every commercial 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 | $4,560,000 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $2,835,128 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $2,878,317 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $2,807,865 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $2,806,093 | $517,750 | $1,142,600 | $2,780,453 | ↑ 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.