4413 SPEEDWAY TX 78751
| Owner | ERIVES MICHAEL LUIS & |
|---|---|
| Parcel ID | 0220060820 |
| Short ID | 215869 |
| Type | Real |
| Use Code | 05 Apartment 5–25 Units |
| Valuation | Income |
| Improvement SF | 13,122 SF |
| Land SF | 17,500 SF |
| Acres | 0.402 |
| Year Built | 1968 |
| Legal | LOT 1-6 * LESS E PORTION OF LOT 1-3 BLK 4 HYDE PARK ADDN NO 1 |
| Neighborhood | 05WC2 |
| Land | $1,050,000 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,050,000 |
| Improvement | $2,716,650 |
|---|---|
| Total Improvement | $2,716,650 |
| Market | $3,766,650 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $3,766,650 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $3,766,650 |
| Taxable Value | $3,766,650 |
|---|
Appreciation: Market value has risen +61.3% from $2,335,200 (2021) to $3,766,650 (2025), a CAGR of 12.7% over 4 years. This is strong appreciation — well above typical inflation. 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 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 $77,084. 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 28% of market value ($1,050,000 land vs $2,716,650 improvements), about $60/SF of land. Most value sits in the improvements, so building condition, age (~58 yrs), and rent roll drive the underwriting.
Submarket Position: At $3,766,650, 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 +12.7% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $6,846,904 by 2030, with an estimated annual tax burden around $114,272. 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.
9 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 8,030 SF | ✗ |
| 1ST | 1st Floor | 7,104 SF | ✓ |
| 2ND | 2nd Floor | 6,018 SF | ✓ |
| 591 | MASONRY TRIM SF | 2,250 SF | ✗ |
| 011C | PORCH OPEN 1ST COMM | 888 SF | ✗ |
| 012C | PORCH OPEN 2 COMM | 528 SF | ✗ |
| 581C | STORAGE ATT COMM | 60 SF | ✓ |
| 132 | PLBG 5-FIXT AVG | 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% | $34,849.05 | $34,849.05 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $19,737.89 | $19,737.89 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $14,156.77 | $14,156.77 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $4,445.51 | $4,445.51 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $3,894.72 | $3,894.72 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $77,083.94 | $77,083.94 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $3,241,134 | $3,766,650 | -14.0% |
| Assessed Value | $3,241,134 | $3,766,650 | -14.0% |
| Land Value | $1,050,000 | $1,050,000 | +0.0% |
| Improvement Value | $2,191,134 | $2,716,650 | -19.3% |
| Taxable Value | $3,241,134 | $3,766,650 | -14.0% |
| Total Tax 2026 = estimate |
~$66,329
Estimated
|
~$77,084
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $4,592,700 | $3,241,134 | -1,351,566 (-29.4%) |
| Taxable Value | $4,519,980 | $3,241,134 | -1,278,846 (-28.3%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $3,241,134 | $1,050,000 | $2,191,134 | — | $3,241,134 | $3,241,134 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $3,766,650 | $1,050,000 | $2,716,650 | — | $3,766,650 | $3,766,650 | ~$77,084 | Partial |
| 2024 | $3,477,330 | — | — | −$2,427,330 | $1,050,000 | $— | $73,967 | Verified |
| 2023 | $3,149,280 | — | — | −$2,099,280 | $1,050,000 | $— | $62,913 | Verified |
| 2022 | $2,965,572 | — | — | −$1,915,572 | $1,050,000 | $— | $62,196 | Verified |
| 2021 | $2,335,200 | — | — | −$1,285,200 | $1,050,000 | $— | $64,551 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +21.9% | +20.0% | 98.4% | Not available | Partial |
| 2025 | -15.6% | -9.7% | ~100% | Not available | Partial |
| 2024 | +28.3% | +20.0% | 93.5% | 1.6600% | Verified |
| 2023 | +10.4% | +10.4% | ~100% | 1.8100% | Verified |
| 2022 | +0.0% | +0.0% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.7600% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +19.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -14.0% | +7.6% | +16.4% | +27.0% | 2022 | -14.0% | 2026 |
| Assessment Ratio | 100.0% | 57.3% | — | 100.0% | 2025 | 30.2% | 2024 |
| 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 |
$77,084 | $68,142 | ~$98,281 | $77,084 | 2025 | $62,196 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$4,244,857 | ~$4,143,315 | ~2.0139% | ~$83,444 | +12.7% |
| 2027 | ~$4,783,776 | ~$4,557,647 | ~1.9814% | ~$90,305 | +27.0% |
| 2028 | ~$5,391,116 | ~$5,013,411 | ~1.9488% | ~$97,703 | +43.1% |
| 2029 | ~$6,075,562 | ~$5,514,752 | ~1.9163% | ~$105,679 | +61.3% |
| 2030 | ~$6,846,904 | ~$6,066,227 | ~1.8837% | ~$114,272 | +81.8% |
| 2026 | ~$4,169,524 | ~$4,143,315 | ~2.0465% | ~$84,792 | +10.7% |
| 2027 | ~$4,615,489 | ~$4,557,647 | ~2.0465% | ~$93,272 | +22.5% |
| 2028 | ~$5,109,153 | ~$5,013,411 | ~2.0465% | ~$102,599 | +35.6% |
| 2029 | ~$5,655,619 | ~$5,514,752 | ~2.0465% | ~$112,859 | +50.1% |
| 2030 | ~$6,260,533 | ~$6,066,227 | ~2.0465% | ~$124,144 | +66.2% |
| 2026 | ~$4,320,190 | ~$4,143,315 | ~1.9977% | ~$82,769 | +14.7% |
| 2027 | ~$4,955,077 | ~$4,557,647 | ~1.9488% | ~$88,821 | +31.6% |
| 2028 | ~$5,683,266 | ~$5,013,411 | ~1.9000% | ~$95,256 | +50.9% |
| 2029 | ~$6,518,469 | ~$5,514,752 | ~1.8512% | ~$102,089 | +73.1% |
| 2030 | ~$7,476,411 | ~$6,066,227 | ~1.8024% | ~$109,336 | +98.5% |
In 2025, this property's market value of $3,766,650 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 7× 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 | $3,766,650 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $3,477,330 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $3,149,280 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $2,965,572 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $2,335,200 | $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.