4514 SPEEDWAY TX 78751
| Owner | BOWEN JAMES R & ANNE |
|---|---|
| Parcel ID | 0222070621 |
| Short ID | 220069 |
| Type | Real |
| Use Code | 02 Duplex |
| Valuation | Cost |
| Improvement SF | 1,040 SF |
| Land SF | 8,403 SF |
| Acres | 0.193 |
| Year Built | 1965 |
| Legal | LOT 9A SPEEDWAY ANNEX |
| Neighborhood | Z65005 |
| Land | $431,257 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $431,257 |
| Improvement | $82,920 |
|---|---|
| Total Improvement | $82,920 |
| Market | $514,177 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $514,177 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $514,177 |
| Taxable Value | $514,177 |
|---|
Appreciation: Market value has risen +43.6% from $358,000 (2021) to $514,177 (2025), a CAGR of 9.5% over 4 years. This is strong appreciation — well above typical inflation. 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 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 $10,523. 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 84% of market value ($431,257 land vs $82,920 improvements), about $51/SF of land. With value concentrated in the land under a ~61-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 $514,177, this parcel sits in the lower-middle (25th–50th 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 +9.5% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $808,443 by 2030, with an estimated annual tax burden around $15,229. 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.
2 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 1,040 SF | ✓ |
| 251 | BATHROOM | 2 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% | $4,757.17 | $4,757.17 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $2,694.37 | $2,694.37 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,932.51 | $1,932.51 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $606.85 | $606.85 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $531.66 | $531.66 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $10,522.56 | $10,522.56 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $471,562 | $514,177 | -8.3% |
| Assessed Value | $471,562 | $514,177 | -8.3% |
| Land Value | $337,097 | $431,257 | -21.8% |
| Improvement Value | $134,465 | $82,920 | +62.2% |
| Taxable Value | $471,562 | $514,177 | -8.3% |
| Total Tax 2026 = estimate |
~$9,650
Estimated
|
~$10,523
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $471,562 | $471,562 | +0 (+0.0%) |
| Taxable Value | $471,562 | $471,562 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $471,562 | $337,097 | $134,465 | — | $471,562 | $471,562 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $514,177 | $431,257 | $82,920 | — | $514,177 | $514,177 | ~$10,523 | Partial |
| 2024 | $517,762 | — | — | −$94,262 | $423,500 | $— | $10,383 | Verified |
| 2023 | $580,840 | — | — | −$157,340 | $423,500 | $— | $9,368 | Verified |
| 2022 | $425,430 | — | — | −$1,930 | $423,500 | $— | $11,471 | Verified |
| 2021 | $358,000 | — | — | −$88,500 | $269,500 | $— | $9,260 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -8.3% | -8.3% | ~100% | Not available | Partial |
| 2025 | -1.9% | -1.9% | ~100% | Not available | Partial |
| 2024 | +1.2% | +1.2% | ~100% | 1.9800% | Verified |
| 2023 | -10.9% | -10.9% | ~100% | 1.8100% | Verified |
| 2022 | +36.5% | +36.5% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.5900% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +20.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -8.3% | +7.1% | +11.5% | +36.5% | 2023 | -10.9% | 2024 |
| Assessment Ratio | 100.0% | 88.2% | — | 100.0% | 2025 | 72.9% | 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 |
$10,523 | $10,201 | ~$13,215 | $11,471 | 2022 | $9,260 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$562,885 | ~$562,885 | ~2.0139% | ~$11,336 | +9.5% |
| 2027 | ~$616,208 | ~$616,208 | ~1.9814% | ~$12,209 | +19.8% |
| 2028 | ~$674,582 | ~$674,582 | ~1.9488% | ~$13,147 | +31.2% |
| 2029 | ~$738,486 | ~$738,486 | ~1.9163% | ~$14,152 | +43.6% |
| 2030 | ~$808,443 | ~$808,443 | ~1.8837% | ~$15,229 | +57.2% |
| 2026 | ~$552,602 | ~$552,602 | ~2.0465% | ~$11,309 | +7.5% |
| 2027 | ~$593,898 | ~$593,898 | ~2.0465% | ~$12,154 | +15.5% |
| 2028 | ~$638,281 | ~$638,281 | ~2.0465% | ~$13,062 | +24.1% |
| 2029 | ~$685,980 | ~$685,980 | ~2.0465% | ~$14,038 | +33.4% |
| 2030 | ~$737,244 | ~$737,244 | ~2.0465% | ~$15,088 | +43.4% |
| 2026 | ~$573,169 | ~$565,595 | ~1.9977% | ~$11,299 | +11.5% |
| 2027 | ~$638,929 | ~$622,154 | ~1.9488% | ~$12,125 | +24.3% |
| 2028 | ~$712,234 | ~$684,370 | ~1.9000% | ~$13,003 | +38.5% |
| 2029 | ~$793,950 | ~$752,807 | ~1.8512% | ~$13,936 | +54.4% |
| 2030 | ~$885,040 | ~$828,087 | ~1.8024% | ~$14,925 | +72.1% |
In 2025, this property's market value of $514,177 places it in the 25th–50th percentile for Multi-Family properties in Travis County (12584 comparable) — -1% below 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 | $514,177 | $438,669 | $519,778 | $749,859 | ↓ Below median | -7.5% |
| 2024 | $517,762 | $467,458 | $564,615 | $848,565 | ↓ Below median | -6.3% |
| 2023 | $580,840 | $503,905 | $617,035 | $919,932 | ↓ Below median | +0.9% |
| 2022 | $425,430 | $506,618 | $615,058 | $906,429 | ↓ Bottom 25% | +39.1% |
| 2021 | $358,000 | $300,453 | $376,850 | $539,896 | ↓ Below median | 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.