4504 SPEEDWAY TX 78751
| Owner | A O K ENTERPRISES LLC |
|---|---|
| Parcel ID | 0222070632 |
| Short ID | 220076 |
| Type | Real |
| Use Code | 05 Apartment 5–25 Units |
| Valuation | Income |
| Improvement SF | 8,424 SF |
| Land SF | 15,971 SF |
| Acres | 0.367 |
| Year Built | 1972 |
| Legal | LOT A OAK THE |
| Neighborhood | 05WC3 |
| Land | $958,260 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $958,260 |
| Improvement | $1,990,140 |
|---|---|
| Total Improvement | $1,990,140 |
| Market | $2,948,400 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,948,400 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $2,948,400 |
| Taxable Value | $2,948,400 |
|---|
Appreciation: Market value has risen +34.6% from $2,190,240 (2021) to $2,948,400 (2025), a CAGR of 7.7% over 4 years. This represents moderate, steady growth. 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 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 $60,339. 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 33% of market value ($958,260 land vs $1,990,140 improvements), about $60/SF of land. Most value sits in the improvements, so building condition, age (~54 yrs), and rent roll drive the underwriting.
Submarket Position: At $2,948,400, 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 +7.7% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $4,275,184 by 2030, with an estimated annual tax burden around $80,533. 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 | 11,151 SF | ✗ |
| 1ST | 1st Floor | 4,212 SF | ✓ |
| 2ND | 2nd Floor | 4,212 SF | ✓ |
| 011C | PORCH OPEN 1ST COMM | 665 SF | ✗ |
| 012C | PORCH OPEN 2 COMM | 617 SF | ✗ |
| 541 | FENCE COMM LF | 150 SF | ✗ |
| 581C | STORAGE ATT COMM | 90 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% | $27,278.60 | $27,278.60 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $15,450.12 | $15,450.12 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $11,081.41 | $11,081.41 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $3,479.79 | $3,479.79 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $3,048.65 | $3,048.65 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $60,338.57 | $60,338.57 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,750,000 | $2,948,400 | -6.7% |
| Assessed Value | $2,750,000 | $2,948,400 | -6.7% |
| Land Value | $958,260 | $958,260 | +0.0% |
| Improvement Value | $1,791,740 | $1,990,140 | -10.0% |
| Taxable Value | $2,750,000 | $2,948,400 | -6.7% |
| Total Tax 2026 = estimate |
~$56,278
Estimated
|
~$60,339
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $2,948,400 | $2,750,000 | -198,400 (-6.7%) |
| Taxable Value | $2,948,400 | $2,750,000 | -198,400 (-6.7%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,750,000 | $958,260 | $1,791,740 | — | $2,750,000 | $2,750,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $2,948,400 | $958,260 | $1,990,140 | — | $2,948,400 | $2,948,400 | ~$60,339 | Partial |
| 2024 | $2,442,960 | — | — | −$1,484,700 | $958,260 | $— | $53,423 | Verified |
| 2023 | $2,274,480 | — | — | −$1,316,220 | $958,260 | $— | $44,199 | Verified |
| 2022 | $2,190,240 | — | — | −$1,231,980 | $958,260 | $— | $44,919 | Verified |
| 2021 | $2,190,240 | — | — | −$1,231,980 | $958,260 | $— | $47,674 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2025 | +9.4% | +9.4% | ~100% | Not available | Partial |
| 2024 | +10.3% | +10.3% | ~100% | 1.9800% | Verified |
| 2023 | +7.4% | +7.4% | ~100% | 1.8100% | Verified |
| 2022 | +3.8% | +3.8% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +34.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -6.7% | +5.0% | +9.3% | +20.7% | 2025 | -6.7% | 2026 |
| Assessment Ratio | 100.0% | 61.5% | — | 100.0% | 2025 | 39.2% | 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 |
$60,339 | $50,111 | ~$72,028 | $60,339 | 2025 | $44,199 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$3,175,851 | ~$3,175,851 | ~2.0139% | ~$63,960 | +7.7% |
| 2027 | ~$3,420,848 | ~$3,420,848 | ~1.9814% | ~$67,780 | +16.0% |
| 2028 | ~$3,684,745 | ~$3,684,745 | ~1.9488% | ~$71,810 | +25.0% |
| 2029 | ~$3,969,000 | ~$3,969,000 | ~1.9163% | ~$76,058 | +34.6% |
| 2030 | ~$4,275,184 | ~$4,275,184 | ~1.8837% | ~$80,533 | +45.0% |
| 2026 | ~$3,116,883 | ~$3,116,883 | ~2.0465% | ~$63,787 | +5.7% |
| 2027 | ~$3,294,993 | ~$3,294,993 | ~2.0465% | ~$67,432 | +11.8% |
| 2028 | ~$3,483,281 | ~$3,483,281 | ~2.0465% | ~$71,285 | +18.1% |
| 2029 | ~$3,682,329 | ~$3,682,329 | ~2.0465% | ~$75,358 | +24.9% |
| 2030 | ~$3,892,751 | ~$3,892,751 | ~2.0465% | ~$79,665 | +32.0% |
| 2026 | ~$3,234,819 | ~$3,234,819 | ~1.9977% | ~$64,621 | +9.7% |
| 2027 | ~$3,549,061 | ~$3,549,061 | ~1.9488% | ~$69,166 | +20.4% |
| 2028 | ~$3,893,830 | ~$3,893,830 | ~1.9000% | ~$73,983 | +32.1% |
| 2029 | ~$4,272,092 | ~$4,272,092 | ~1.8512% | ~$79,085 | +44.9% |
| 2030 | ~$4,687,099 | ~$4,687,099 | ~1.8024% | ~$84,479 | +59.0% |
In 2025, this property's market value of $2,948,400 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 6× 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 | $2,948,400 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $2,442,960 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $2,274,480 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $2,190,240 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $2,190,240 | $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.