4501 SPEEDWAY TX 78751
| Owner | 4501 SPEEDWAY LLC |
|---|---|
| Parcel ID | 0222070831 |
| Short ID | 220117 |
| Type | Real |
| Use Code | 05 Apartment 5–25 Units |
| Valuation | Income |
| Improvement SF | 2,590 SF |
| Land SF | 7,550 SF |
| Acres | 0.173 |
| Year Built | 1967 |
| Legal | LOT A SPEEDWAY PARK |
| Neighborhood | 05WC3 |
| Land | $453,000 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $453,000 |
| Improvement | $401,700 |
|---|---|
| Total Improvement | $401,700 |
| Market | $854,700 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $854,700 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $854,700 |
| Taxable Value | $854,700 |
|---|
Appreciation: Market value has risen +40.4% from $608,650 (2021) to $854,700 (2025), a CAGR of 8.9% over 4 years. This is strong appreciation — well above typical inflation. 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 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 $17,491. 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 53% of market value ($453,000 land vs $401,700 improvements), about $60/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $854,700, 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 +8.9% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,306,536 by 2030, with an estimated annual tax burden around $24,612. 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.
12 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 1,295 SF | ✓ |
| 2ND | 2nd Floor | 1,295 SF | ✓ |
| 551 | PAVED AREA | 900 SF | ✗ |
| 011C | PORCH OPEN 1ST COMM | 692 SF | ✗ |
| 012C | PORCH OPEN 2 COMM | 692 SF | ✗ |
| 591 | MASONRY TRIM SF | 500 SF | ✗ |
| 581C | STORAGE ATT COMM | 240 SF | ✓ |
| SO | Sketch Only | 240 SF | ✗ |
| 541 | FENCE COMM LF | 150 SF | ✗ |
| 269 | OBS RANGE DRP-IN | 1 SF | ✓ |
| 413 | STAIRWAY EXT | 1 SF | ✓ |
| 132 | PLBG 5-FIXT AVG | 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% | $7,188.80 | $7,188.80 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $4,071.61 | $4,071.61 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,920.32 | $2,920.32 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $917.04 | $917.04 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $803.42 | $803.42 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $15,901.19 | $15,901.19 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $854,700 | $854,700 | +0.0% |
| Assessed Value | $854,700 | $854,700 | +0.0% |
| Land Value | $453,000 | $453,000 | +0.0% |
| Improvement Value | $401,700 | $401,700 | +0.0% |
| Taxable Value | $854,700 | $854,700 | +0.0% |
| Total Tax 2026 = estimate |
~$17,491
Estimated
|
~$15,901
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $854,700 | $854,700 | +0 (+0.0%) |
| Taxable Value | $854,700 | $854,700 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $854,700 | $453,000 | $401,700 | — | $854,700 | $854,700 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $854,700 | $453,000 | $401,700 | — | $854,700 | $854,700 | ~$15,901 | Partial |
| 2024 | $699,300 | — | — | −$246,300 | $453,000 | $— | $14,115 | Verified |
| 2023 | $647,500 | — | — | −$194,500 | $453,000 | $— | $12,652 | Verified |
| 2022 | $634,550 | — | — | −$181,550 | $453,000 | $— | $12,788 | Verified |
| 2021 | $608,650 | — | — | −$155,650 | $453,000 | $— | $13,812 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2025 | +20.0% | +20.0% | ~100% | Not available | Partial |
| 2024 | +1.9% | +1.9% | ~100% | 1.9800% | Verified |
| 2023 | +8.0% | +8.0% | ~100% | 1.8100% | Verified |
| 2022 | +2.0% | +2.0% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.2700% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +34.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +7.3% | +8.9% | +22.2% | 2025 | +0.0% | 2026 |
| Assessment Ratio | 100.0% | 80.1% | — | 100.0% | 2025 | 64.8% | 2024 |
| Effective Tax Rate (2025) | 1.8600% | 1.8600% | — | 1.8600% | 2025 | 1.8600% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$15,901 | $13,854 | ~$21,581 | $15,901 | 2025 | $12,652 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$930,412 | ~$930,412 | ~2.0139% | ~$18,738 | +8.9% |
| 2027 | ~$1,012,830 | ~$1,012,830 | ~1.9814% | ~$20,068 | +18.5% |
| 2028 | ~$1,102,550 | ~$1,102,550 | ~1.9488% | ~$21,487 | +29.0% |
| 2029 | ~$1,200,217 | ~$1,200,217 | ~1.9163% | ~$23,000 | +40.4% |
| 2030 | ~$1,306,536 | ~$1,306,536 | ~1.8837% | ~$24,612 | +52.9% |
| 2026 | ~$913,318 | ~$913,318 | ~2.0465% | ~$18,691 | +6.9% |
| 2027 | ~$975,956 | ~$975,956 | ~2.0465% | ~$19,973 | +14.2% |
| 2028 | ~$1,042,890 | ~$1,042,890 | ~2.0465% | ~$21,343 | +22.0% |
| 2029 | ~$1,114,414 | ~$1,114,414 | ~2.0465% | ~$22,806 | +30.4% |
| 2030 | ~$1,190,844 | ~$1,190,844 | ~2.0465% | ~$24,370 | +39.3% |
| 2026 | ~$947,506 | ~$940,170 | ~1.9977% | ~$18,781 | +10.9% |
| 2027 | ~$1,050,389 | ~$1,034,187 | ~1.9488% | ~$20,155 | +22.9% |
| 2028 | ~$1,164,443 | ~$1,137,606 | ~1.9000% | ~$21,615 | +36.2% |
| 2029 | ~$1,290,882 | ~$1,251,366 | ~1.8512% | ~$23,165 | +51.0% |
| 2030 | ~$1,431,049 | ~$1,376,503 | ~1.8024% | ~$24,810 | +67.4% |
In 2025, this property's market value of $854,700 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — +64% 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 | $854,700 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $699,300 | $467,458 | $564,615 | $848,565 | ↑ Above median | -6.3% |
| 2023 | $647,500 | $503,905 | $617,035 | $919,932 | ↑ Above median | +0.9% |
| 2022 | $634,550 | $506,618 | $615,058 | $906,429 | ↑ Above median | +39.1% |
| 2021 | $608,650 | $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.