404 SWANEE DR TX 78752
| Owner | SMITH CINDA B |
|---|---|
| Parcel ID | 0231110117 |
| Short ID | 232347 |
| Type | Real |
| Use Code | 02 Duplex |
| Valuation | Cost |
| Improvement SF | 1,281 SF |
| Land SF | 8,422 SF |
| Acres | 0.193 |
| Year Built | 1966 |
| Legal | E 50FT OF LOT 18 BLK 5 *LESS S 5FT SILVERTON HEIGHTS |
| Neighborhood | Y7005 |
| Land | $342,656 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $342,656 |
| Improvement | $22,486 |
|---|---|
| Total Improvement | $22,486 |
| Market | $365,142 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $365,142 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $365,142 |
| Taxable Value | $365,142 |
|---|
Appreciation: Market value has risen +1.1% from $361,063 (2021) to $365,142 (2025), a CAGR of 0.3% over 4 years. Growth has been relatively flat for this asset class. 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 $7,473. 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 94% of market value ($342,656 land vs $22,486 improvements), about $41/SF of land. With value concentrated in the land under a ~60-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 $365,142, this parcel sits in the bottom quartile (<25th 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 +0.3% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $370,306 by 2030, with an estimated annual tax burden around $6,976. 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.
6 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 1,281 SF | ✓ |
| 095 | HVAC RESIDENTIAL | 1,281 SF | ✗ |
| 031 | GARAGE DET 1ST F | 1,080 SF | ✓ |
| 061 | CARPORT ATT 1ST | 347 SF | ✗ |
| 581 | STORAGE ATT | 52 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% | $3,378.29 | $3,378.29 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $1,913.41 | $1,913.41 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,372.37 | $1,372.37 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $430.95 | $430.95 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $377.56 | $377.56 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $7,472.58 | $7,472.58 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $253,800 | $365,142 | -30.5% |
| Assessed Value | $253,800 | $365,142 | -30.5% |
| Land Value | $228,438 | $342,656 | -33.3% |
| Improvement Value | $25,362 | $22,486 | +12.8% |
| Taxable Value | $253,800 | $365,142 | -30.5% |
| Total Tax 2026 = estimate |
~$5,194
Estimated
|
~$7,473
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $294,500 | $253,800 | -40,700 (-13.8%) |
| Taxable Value | $294,500 | $253,800 | -40,700 (-13.8%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $253,800 | $228,438 | $25,362 | — | $253,800 | $253,800 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $365,142 | $342,656 | $22,486 | — | $365,142 | $365,142 | ~$7,473 | Partial |
| 2024 | $519,053 | — | — | −$174,053 | $345,000 | $— | $8,791 | Verified |
| 2023 | $524,707 | — | — | −$179,707 | $345,000 | $— | $9,391 | Verified |
| 2022 | $365,800 | — | — | −$20,800 | $345,000 | $— | $10,363 | Verified |
| 2021 | $361,063 | — | — | −$131,063 | $230,000 | $— | $7,962 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -19.3% | -19.3% | ~100% | Not available | Partial |
| 2025 | -17.7% | -17.7% | ~100% | Not available | Partial |
| 2024 | -14.5% | -14.5% | ~100% | 1.9800% | Verified |
| 2023 | -1.1% | -1.1% | ~100% | 1.8100% | Verified |
| 2022 | +37.5% | +37.5% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.2100% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -4.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -30.5% | -3.3% | +9.1% | +43.4% | 2023 | -30.5% | 2026 |
| Assessment Ratio | 100.0% | 81.7% | — | 100.0% | 2025 | 63.7% | 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 |
$7,473 | $8,796 | ~$7,176 | $10,363 | 2022 | $7,473 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$366,169 | ~$366,169 | ~2.0139% | ~$7,374 | +0.3% |
| 2027 | ~$367,199 | ~$367,199 | ~1.9814% | ~$7,276 | +0.6% |
| 2028 | ~$368,231 | ~$368,231 | ~1.9488% | ~$7,176 | +0.8% |
| 2029 | ~$369,267 | ~$369,267 | ~1.9163% | ~$7,076 | +1.1% |
| 2030 | ~$370,306 | ~$370,306 | ~1.8837% | ~$6,976 | +1.4% |
| 2026 | ~$358,866 | ~$358,866 | ~2.0465% | ~$7,344 | -1.7% |
| 2027 | ~$352,698 | ~$352,698 | ~2.0465% | ~$7,218 | -3.4% |
| 2028 | ~$346,636 | ~$346,636 | ~2.0465% | ~$7,094 | -5.1% |
| 2029 | ~$340,678 | ~$340,678 | ~2.0465% | ~$6,972 | -6.7% |
| 2030 | ~$334,823 | ~$334,823 | ~2.0465% | ~$6,852 | -8.3% |
| 2026 | ~$373,472 | ~$373,472 | ~1.9977% | ~$7,461 | +2.3% |
| 2027 | ~$381,992 | ~$381,992 | ~1.9488% | ~$7,444 | +4.6% |
| 2028 | ~$390,706 | ~$390,706 | ~1.9000% | ~$7,423 | +7.0% |
| 2029 | ~$399,619 | ~$399,619 | ~1.8512% | ~$7,398 | +9.4% |
| 2030 | ~$408,735 | ~$408,735 | ~1.8024% | ~$7,367 | +11.9% |
In 2025, this property's market value of $365,142 places it in the bottom 25% for Multi-Family properties in Travis County (12584 comparable) — -30% 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 | $365,142 | $438,669 | $519,778 | $749,859 | ↓ Bottom 25% | -7.5% |
| 2024 | $519,053 | $467,458 | $564,615 | $848,565 | ↓ Below median | -6.3% |
| 2023 | $524,707 | $503,905 | $617,035 | $919,932 | ↓ Below median | +0.9% |
| 2022 | $365,800 | $506,618 | $615,058 | $906,429 | ↓ Bottom 25% | +39.1% |
| 2021 | $361,063 | $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.