505 SWANEE DR TX 78752
| Owner | AUSTIN GATEWAY LTD |
|---|---|
| Parcel ID | 0231110301 |
| Short ID | 232402 |
| Type | Real |
| Use Code | 05 Apartment 5–25 Units |
| Valuation | Income |
| Improvement SF | 5,872 SF |
| Land SF | 10,585 SF |
| Acres | 0.243 |
| Year Built | 1973 |
| Legal | LOT 20 BLK 6 *LESS N 5FT SILVERTON HEIGHTS |
| Neighborhood | 05NC1 |
| Land | $370,475 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $370,475 |
| Improvement | $980,085 |
|---|---|
| Total Improvement | $980,085 |
| Market | $1,350,560 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,350,560 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,350,560 |
| Taxable Value | $1,350,560 |
|---|
Appreciation: Market value has risen +48.4% from $910,160 (2021) to $1,350,560 (2025), a CAGR of 10.4% over 4 years. This is strong appreciation — well above typical inflation. Growth has been fairly evenly spread across these years rather than concentrated in one jump. 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 $27,639. 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 27% of market value ($370,475 land vs $980,085 improvements), about $35/SF of land. Most value sits in the improvements, so building condition, age (~53 yrs), and rent roll drive the underwriting.
Submarket Position: At $1,350,560, 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 +10.4% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,211,867 by 2030, with an estimated annual tax burden around $40,973. 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.
7 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 6,350 SF | ✗ |
| 1ST | 1st Floor | 2,936 SF | ✓ |
| 2ND | 2nd Floor | 2,936 SF | ✓ |
| 591 | MASONRY TRIM SF | 1,000 SF | ✗ |
| 011C | PORCH OPEN 1ST COMM | 324 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% | $12,495.38 | $12,495.38 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $7,077.16 | $7,077.16 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $5,076.01 | $5,076.01 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,593.97 | $1,593.97 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,396.48 | $1,396.48 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $27,639.00 | $27,639.00 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,291,840 | $1,350,560 | -4.3% |
| Assessed Value | $1,291,840 | $1,350,560 | -4.3% |
| Land Value | $370,475 | $370,475 | +0.0% |
| Improvement Value | $921,365 | $980,085 | -6.0% |
| Taxable Value | $1,291,840 | $1,350,560 | -4.3% |
| Total Tax 2026 = estimate |
~$26,437
Estimated
|
~$27,639
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,291,840 | $1,291,840 | +0 (+0.0%) |
| Taxable Value | $1,291,840 | $1,291,840 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,291,840 | $370,475 | $921,365 | — | $1,291,840 | $1,291,840 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,350,560 | $370,475 | $980,085 | — | $1,350,560 | $1,350,560 | ~$27,639 | Partial |
| 2024 | $1,203,760 | — | — | −$833,285 | $370,475 | $— | $25,602 | Verified |
| 2023 | $1,115,680 | — | — | −$745,205 | $370,475 | $— | $21,779 | Verified |
| 2022 | $963,544 | — | — | −$593,069 | $370,475 | $— | $22,034 | Verified |
| 2021 | $910,160 | — | — | −$539,685 | $370,475 | $— | $20,973 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -4.3% | -4.3% | ~100% | Not available | Partial |
| 2025 | +4.5% | +4.5% | ~100% | Not available | Partial |
| 2024 | +7.3% | +7.3% | ~100% | 1.9800% | Verified |
| 2023 | +7.9% | +7.9% | ~100% | 1.8100% | Verified |
| 2022 | +15.8% | +15.8% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.3000% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +40.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -4.3% | +7.5% | +11.4% | +15.8% | 2023 | -4.3% | 2026 |
| Assessment Ratio | 100.0% | 57.2% | — | 100.0% | 2025 | 30.8% | 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 |
$27,639 | $23,605 | ~$35,239 | $27,639 | 2025 | $20,973 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,490,606 | ~$1,485,616 | ~2.0139% | ~$29,919 | +10.4% |
| 2027 | ~$1,645,174 | ~$1,634,178 | ~1.9814% | ~$32,379 | +21.8% |
| 2028 | ~$1,815,771 | ~$1,797,595 | ~1.9488% | ~$35,032 | +34.4% |
| 2029 | ~$2,004,057 | ~$1,977,355 | ~1.9163% | ~$37,892 | +48.4% |
| 2030 | ~$2,211,867 | ~$2,175,090 | ~1.8837% | ~$40,973 | +63.8% |
| 2026 | ~$1,463,595 | ~$1,463,595 | ~2.0465% | ~$29,952 | +8.4% |
| 2027 | ~$1,586,090 | ~$1,586,090 | ~2.0465% | ~$32,459 | +17.4% |
| 2028 | ~$1,718,838 | ~$1,718,838 | ~2.0465% | ~$35,176 | +27.3% |
| 2029 | ~$1,862,696 | ~$1,862,696 | ~2.0465% | ~$38,120 | +37.9% |
| 2030 | ~$2,018,594 | ~$2,018,594 | ~2.0465% | ~$41,310 | +49.5% |
| 2026 | ~$1,517,617 | ~$1,485,616 | ~1.9977% | ~$29,678 | +12.4% |
| 2027 | ~$1,705,339 | ~$1,634,178 | ~1.9488% | ~$31,848 | +26.3% |
| 2028 | ~$1,916,281 | ~$1,797,595 | ~1.9000% | ~$34,155 | +41.9% |
| 2029 | ~$2,153,315 | ~$1,977,355 | ~1.8512% | ~$36,605 | +59.4% |
| 2030 | ~$2,419,669 | ~$2,175,090 | ~1.8024% | ~$39,203 | +79.2% |
In 2025, this property's market value of $1,350,560 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — +160% 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 | $1,350,560 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $1,203,760 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $1,115,680 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $963,544 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $910,160 | $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.