508 SWANEE DR TX 78752
| Owner | NGUYEN TRINH & KIM NGUYEN & |
|---|---|
| Parcel ID | 0231110133 |
| Short ID | 232364 |
| Type | Real |
| Use Code | 02 Duplex |
| Valuation | Cost |
| Improvement SF | 1,829 SF |
| Land SF | 7,237 SF |
| Acres | 0.166 |
| Year Built | 1948 |
| Legal | E 100 FT OF LOT 12 BLK 5 SILVERTON HEIGHTS |
| Neighborhood | Y7005 |
| Land | $318,550 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $318,550 |
| Improvement | $63,119 |
|---|---|
| Total Improvement | $63,119 |
| Market | $381,669 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $381,669 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $381,669 |
| Exemptions (−) (HS) | −$25,419 |
|---|---|
| Taxable Value | $356,250 |
Appreciation: Market value has fallen -2.2% from $390,108 (2021) to $381,669 (2025), a CAGR of -0.5% over 4 years. Growth has been relatively flat for this asset class. 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 $7,291. Austin ISD is the largest single contributor, at 43.5% 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 83% of market value ($318,550 land vs $63,119 improvements), about $44/SF of land. With value concentrated in the land under a ~78-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 $381,669, 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 -0.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $371,377 by 2030, with an estimated annual tax burden around $6,996. 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.
4 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 1,829 SF | ✓ |
| 011 | PORCH OPEN 1ST F | 90 SF | ✗ |
| 581 | STORAGE ATT | 90 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% | $3,099.87 | $3,099.87 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $1,866.81 | $1,866.81 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,338.95 | $1,338.95 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $420.46 | $420.46 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $392.92 | $392.92 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $7,119.01 | $7,119.01 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $279,453 | $381,669 | -26.8% |
| Assessed Value | $279,453 | $381,669 | -26.8% |
| Land Value | $212,367 | $318,550 | -33.3% |
| Improvement Value | $67,086 | $63,119 | +6.3% |
| Taxable Value | $260,841 | $356,250 | -26.8% |
| Exemptions | HS | HS | |
| Total Tax 2026 = estimate |
~$5,338
Estimated
|
~$7,119
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $316,266 | $279,453 | -36,813 (-11.6%) |
| Taxable Value | $295,203 | $260,841 | -34,362 (-11.6%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $279,453 | $212,367 | $67,086 | — | $279,453 | $260,841 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $381,669 | $318,550 | $63,119 | — | $381,669 | $356,250 | ~$7,119 | Partial |
| 2024 | $635,383 | — | — | −$335,383 | $300,000 | $— | $8,318 | Verified |
| 2023 | $658,210 | — | — | −$358,210 | $300,000 | $— | $8,911 | Verified |
| 2022 | $428,267 | — | — | −$128,267 | $300,000 | $— | $8,261 | Verified |
| 2021 | $390,108 | — | — | −$190,108 | $200,000 | $— | $8,191 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -17.1% | -17.1% | ~100% | Not available | Partial |
| 2025 | -24.4% | -24.4% | ~100% | Not available | Partial |
| 2024 | -20.6% | -20.6% | ~100% | 1.6500% | Verified |
| 2023 | -3.5% | -3.5% | ~100% | 1.4000% | Verified |
| 2022 | +53.7% | +53.7% | ~100% | 1.2600% | Verified |
| 2021 | base year | — | ~100% | 2.1000% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -10.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -26.8% | -1.3% | +6.7% | +53.7% | 2023 | -39.9% | 2025 |
| Assessment Ratio | 100.0% | 69.0% | — | 100.0% | 2025 | 45.6% | 2023 |
| Effective Tax Rate (2025) | 1.8700% | 1.8700% | — | 1.8700% | 2025 | 1.8700% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$7,119 | $8,160 | ~$7,319 | $8,911 | 2023 | $7,119 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$379,588 | ~$379,588 | ~2.0139% | ~$7,645 | -0.5% |
| 2027 | ~$377,518 | ~$377,518 | ~1.9814% | ~$7,480 | -1.1% |
| 2028 | ~$375,460 | ~$375,460 | ~1.9488% | ~$7,317 | -1.6% |
| 2029 | ~$373,413 | ~$373,413 | ~1.9163% | ~$7,156 | -2.2% |
| 2030 | ~$371,377 | ~$371,377 | ~1.8837% | ~$6,996 | -2.7% |
| 2026 | ~$371,955 | ~$371,955 | ~2.0465% | ~$7,612 | -2.5% |
| 2027 | ~$362,487 | ~$362,487 | ~2.0465% | ~$7,418 | -5.0% |
| 2028 | ~$353,261 | ~$353,261 | ~2.0465% | ~$7,229 | -7.4% |
| 2029 | ~$344,270 | ~$344,270 | ~2.0465% | ~$7,045 | -9.8% |
| 2030 | ~$335,507 | ~$335,507 | ~2.0465% | ~$6,866 | -12.1% |
| 2026 | ~$387,221 | ~$387,221 | ~1.9977% | ~$7,735 | +1.5% |
| 2027 | ~$392,854 | ~$392,854 | ~1.9488% | ~$7,656 | +2.9% |
| 2028 | ~$398,569 | ~$398,569 | ~1.9000% | ~$7,573 | +4.4% |
| 2029 | ~$404,368 | ~$404,368 | ~1.8512% | ~$7,486 | +5.9% |
| 2030 | ~$410,250 | ~$410,250 | ~1.8024% | ~$7,394 | +7.5% |
In 2025, this property's market value of $381,669 places it in the bottom 25% for Multi-Family properties in Travis County (12584 comparable) — -27% 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 | $381,669 | $438,669 | $519,778 | $749,859 | ↓ Bottom 25% | -7.5% |
| 2024 | $635,383 | $467,458 | $564,615 | $848,565 | ↑ Above median | -6.3% |
| 2023 | $658,210 | $503,905 | $617,035 | $919,932 | ↑ Above median | +0.9% |
| 2022 | $428,267 | $506,618 | $615,058 | $906,429 | ↓ Bottom 25% | +39.1% |
| 2021 | $390,108 | $300,453 | $376,850 | $539,896 | ↑ Above 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.