4520 SPEEDWAY TX 78751
| Owner | HARDY VICTOR |
|---|---|
| Parcel ID | 0222070618 |
| Short ID | 220066 |
| Type | Real |
| Use Code | 02 Duplex |
| Valuation | Cost |
| Improvement SF | 4,092 SF |
| Land SF | 8,754 SF |
| Acres | 0.201 |
| Year Built | 1986 |
| Legal | LOT 12 BLK 5 SHUDDEMAGENS SUBD |
| Neighborhood | Z65005 |
| Land | $594,438 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $594,438 |
| Improvement | $233,054 |
|---|---|
| Total Improvement | $233,054 |
| Market | $827,492 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $827,492 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $827,492 |
| Taxable Value | $827,492 |
|---|
Appreciation: Market value has risen +26.9% from $652,050 (2021) to $827,492 (2025), a CAGR of 6.1% over 4 years. This represents moderate, steady growth. 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 $16,934. 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 cost approach, tied more to replacement cost and physical condition than to income performance.
Value Composition: Land carries 72% of market value ($594,438 land vs $233,054 improvements), about $68/SF of land. With value concentrated in the land under a ~40-year-old structure, this reads as a land-dominated asset — the classic higher-and-best-use / redevelopment signal. Underwrite the dirt, not the building.
Submarket Position: At $827,492, 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 +6.1% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,114,596 by 2030, with an estimated annual tax burden around $20,996. 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.
8 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 095 | HVAC RESIDENTIAL | 4,092 SF | ✗ |
| 1ST | 1st Floor | 2,046 SF | ✓ |
| 2ND | 2nd Floor | 2,046 SF | ✓ |
| 581 | STORAGE ATT | 456 SF | ✓ |
| 512 | DECK UNCOVRED | 168 SF | ✗ |
| 011 | PORCH OPEN 1ST F | 156 SF | ✗ |
| 012 | PORCH OPEN 2ND F | 108 SF | ✗ |
| 251 | BATHROOM | 6 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% | $7,655.96 | $7,655.96 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $4,336.20 | $4,336.20 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,110.09 | $3,110.09 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $976.63 | $976.63 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $855.63 | $855.63 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $16,934.51 | $16,934.51 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $925,000 | $827,492 | +11.8% |
| Assessed Value | $925,000 | $827,492 | +11.8% |
| Land Value | $464,983 | $594,438 | -21.8% |
| Improvement Value | $460,017 | $233,054 | +97.4% |
| Taxable Value | $925,000 | $827,492 | +11.8% |
| Total Tax 2026 = estimate |
~$18,930
Estimated
|
~$16,935
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $925,000 | $925,000 | +0 (+0.0%) |
| Taxable Value | $925,000 | $925,000 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $925,000 | $464,983 | $460,017 | — | $925,000 | $925,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $827,492 | $594,438 | $233,054 | — | $827,492 | $827,492 | ~$16,935 | Partial |
| 2024 | $869,250 | — | — | −$294,500 | $574,750 | $— | $17,917 | Verified |
| 2023 | $896,308 | — | — | −$321,558 | $574,750 | $— | $15,727 | Verified |
| 2022 | $766,228 | — | — | −$191,478 | $574,750 | $— | $17,701 | Verified |
| 2021 | $652,050 | — | — | −$286,300 | $365,750 | $— | $16,678 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +11.8% | +11.8% | ~100% | Not available | Partial |
| 2025 | -8.5% | -8.5% | ~100% | Not available | Partial |
| 2024 | +4.0% | +4.0% | ~100% | 1.9800% | Verified |
| 2023 | -3.0% | -3.0% | ~100% | 1.8100% | Verified |
| 2022 | +17.0% | +17.0% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.5600% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +8.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +11.8% | +7.7% | +3.9% | +17.5% | 2022 | -4.8% | 2025 |
| Assessment Ratio | 100.0% | 76.9% | — | 100.0% | 2025 | 56.1% | 2021 |
| 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 |
$16,935 | $16,992 | ~$19,312 | $17,917 | 2024 | $15,727 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$878,283 | ~$878,283 | ~2.0139% | ~$17,688 | +6.1% |
| 2027 | ~$932,192 | ~$932,192 | ~1.9814% | ~$18,470 | +12.7% |
| 2028 | ~$989,409 | ~$989,409 | ~1.9488% | ~$19,282 | +19.6% |
| 2029 | ~$1,050,139 | ~$1,050,139 | ~1.9163% | ~$20,124 | +26.9% |
| 2030 | ~$1,114,596 | ~$1,114,596 | ~1.8837% | ~$20,996 | +34.7% |
| 2026 | ~$861,733 | ~$861,733 | ~2.0465% | ~$17,635 | +4.1% |
| 2027 | ~$897,391 | ~$897,391 | ~2.0465% | ~$18,365 | +8.4% |
| 2028 | ~$934,525 | ~$934,525 | ~2.0465% | ~$19,125 | +12.9% |
| 2029 | ~$973,195 | ~$973,195 | ~2.0465% | ~$19,916 | +17.6% |
| 2030 | ~$1,013,466 | ~$1,013,466 | ~2.0465% | ~$20,740 | +22.5% |
| 2026 | ~$894,833 | ~$894,833 | ~1.9977% | ~$17,876 | +8.1% |
| 2027 | ~$967,654 | ~$967,654 | ~1.9488% | ~$18,858 | +16.9% |
| 2028 | ~$1,046,401 | ~$1,046,401 | ~1.9000% | ~$19,882 | +26.5% |
| 2029 | ~$1,131,557 | ~$1,131,557 | ~1.8512% | ~$20,947 | +36.7% |
| 2030 | ~$1,223,643 | ~$1,223,643 | ~1.8024% | ~$22,055 | +47.9% |
In 2025, this property's market value of $827,492 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — +59% 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 | $827,492 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $869,250 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $896,308 | $503,905 | $617,035 | $919,932 | ↑ Above median | +0.9% |
| 2022 | $766,228 | $506,618 | $615,058 | $906,429 | ↑ Above median | +39.1% |
| 2021 | $652,050 | $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.