4518 SPEEDWAY TX 78751
| Owner | KS PLATINUM PROPERTIES LLC |
|---|---|
| Parcel ID | 0222070619 |
| Short ID | 220067 |
| Type | Real |
| Use Code | 02 Duplex |
| Valuation | Cost |
| Improvement SF | 3,636 SF |
| Land SF | 8,372 SF |
| Acres | 0.192 |
| Year Built | 1986 |
| Legal | LOT 11 BLK 5 SHUDDEMAGENS SUBD |
| Neighborhood | Z65005 |
| Land | $584,469 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $584,469 |
| Improvement | $203,894 |
|---|---|
| Total Improvement | $203,894 |
| Market | $788,363 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $788,363 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $788,363 |
| Taxable Value | $788,363 |
|---|
Appreciation: Market value has risen +18.7% from $664,125 (2021) to $788,363 (2025), a CAGR of 4.4% over 4 years. This represents moderate, steady growth. Most of this growth came in a single year (2021→2022), 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 $16,134. 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 74% of market value ($584,469 land vs $203,894 improvements), about $70/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 $788,363, 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 +4.4% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $976,836 by 2030, with an estimated annual tax burden around $18,401. 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.
10 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 095 | HVAC RESIDENTIAL | 3,636 SF | ✗ |
| 1ST | 1st Floor | 2,046 SF | ✓ |
| 2ND | 2nd Floor | 1,590 SF | ✓ |
| 551 | PAVED AREA | 1,500 SF | ✗ |
| 581 | STORAGE ATT | 912 SF | ✓ |
| 512 | DECK UNCOVRED | 660 SF | ✗ |
| 513 | DECK COVERED | 108 SF | ✗ |
| 011 | PORCH OPEN 1ST F | 48 SF | ✗ |
| 252 | BEDROOMS | 12 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% | $7,293.93 | $7,293.93 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $4,131.16 | $4,131.16 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,963.02 | $2,963.02 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $930.45 | $930.45 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $815.17 | $815.17 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $16,133.73 | $16,133.73 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $788,363 | $788,363 | +0.0% |
| Assessed Value | $788,363 | $788,363 | +0.0% |
| Land Value | $456,827 | $584,469 | -21.8% |
| Improvement Value | $331,536 | $203,894 | +62.6% |
| Taxable Value | $788,363 | $788,363 | +0.0% |
| Total Tax 2026 = estimate |
~$16,134
Estimated
|
~$16,134
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $788,363 | $788,363 | +0 (+0.0%) |
| Taxable Value | $788,363 | $788,363 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $788,363 | $456,827 | $331,536 | — | $788,363 | $788,363 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $788,363 | $584,469 | $203,894 | — | $788,363 | $788,363 | ~$16,134 | Partial |
| 2024 | $881,443 | — | — | −$306,693 | $574,750 | $— | $19,025 | Verified |
| 2023 | $1,083,643 | — | — | −$508,893 | $574,750 | $— | $15,947 | Verified |
| 2022 | $905,688 | — | — | −$330,938 | $574,750 | $— | $21,401 | Verified |
| 2021 | $664,125 | — | — | −$298,375 | $365,750 | $— | $19,714 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2025 | -17.9% | -17.9% | ~100% | Not available | Partial |
| 2024 | +8.9% | +8.9% | ~100% | 1.9800% | Verified |
| 2023 | -18.7% | -18.7% | ~100% | 1.8100% | Verified |
| 2022 | +19.6% | +19.6% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.9700% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -13.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +5.3% | +4.4% | +36.4% | 2022 | -18.7% | 2024 |
| Assessment Ratio | 100.0% | 72.8% | — | 100.0% | 2025 | 53.0% | 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 |
$16,134 | $18,444 | ~$17,480 | $21,401 | 2022 | $15,947 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$822,897 | ~$822,897 | ~2.0139% | ~$16,573 | +4.4% |
| 2027 | ~$858,943 | ~$858,943 | ~1.9814% | ~$17,019 | +9.0% |
| 2028 | ~$896,569 | ~$896,569 | ~1.9488% | ~$17,473 | +13.7% |
| 2029 | ~$935,842 | ~$935,842 | ~1.9163% | ~$17,933 | +18.7% |
| 2030 | ~$976,836 | ~$976,836 | ~1.8837% | ~$18,401 | +23.9% |
| 2026 | ~$807,129 | ~$807,129 | ~2.0465% | ~$16,518 | +2.4% |
| 2027 | ~$826,343 | ~$826,343 | ~2.0465% | ~$16,911 | +4.8% |
| 2028 | ~$846,013 | ~$846,013 | ~2.0465% | ~$17,314 | +7.3% |
| 2029 | ~$866,152 | ~$866,152 | ~2.0465% | ~$17,726 | +9.9% |
| 2030 | ~$886,770 | ~$886,770 | ~2.0465% | ~$18,148 | +12.5% |
| 2026 | ~$838,664 | ~$838,664 | ~1.9977% | ~$16,754 | +6.4% |
| 2027 | ~$892,174 | ~$892,174 | ~1.9488% | ~$17,387 | +13.2% |
| 2028 | ~$949,099 | ~$949,099 | ~1.9000% | ~$18,033 | +20.4% |
| 2029 | ~$1,009,656 | ~$1,009,656 | ~1.8512% | ~$18,691 | +28.1% |
| 2030 | ~$1,074,076 | ~$1,074,076 | ~1.8024% | ~$19,359 | +36.2% |
In 2025, this property's market value of $788,363 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — +52% 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 | $788,363 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $881,443 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $1,083,643 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $905,688 | $506,618 | $615,058 | $906,429 | ↑ Above median | +39.1% |
| 2021 | $664,125 | $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.