507 SWANEE DR TX 78752
| Owner | LAQI LLC & GLOPAR LLC |
|---|---|
| Parcel ID | 0231110333 |
| Short ID | 232424 |
| Type | Real |
| Use Code | 02 Duplex |
| Valuation | Cost |
| Improvement SF | 2,140 SF |
| Land SF | 7,455 SF |
| Acres | 0.171 |
| Year Built | 1964 |
| Legal | LOT 1B BLK 6 *RESUB LOT 1 SILVERTON HEIGHTS |
| Neighborhood | Y7005 |
| Land | $321,821 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $321,821 |
| Improvement | $101,864 |
|---|---|
| Total Improvement | $101,864 |
| Market | $423,685 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $423,685 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $423,685 |
| Taxable Value | $423,685 |
|---|
Appreciation: Market value has risen +11.8% from $378,900 (2021) to $423,685 (2025), a CAGR of 2.8% 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 $8,671. 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 76% of market value ($321,821 land vs $101,864 improvements), about $43/SF of land. With value concentrated in the land under a ~62-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 $423,685, 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 +2.8% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $487,182 by 2030, with an estimated annual tax burden around $9,177. 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.
10 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 1,392 SF | ✓ |
| 2ND | 2nd Floor | 748 SF | ✓ |
| 513 | DECK COVERED | 166 SF | ✗ |
| 613 | TERRACE COVERED | 112 SF | ✗ |
| 581 | STORAGE ATT | 96 SF | ✓ |
| 571 | STORAGE DET | 80 SF | ✓ |
| 011 | PORCH OPEN 1ST F | 64 SF | ✗ |
| 612 | TERRACE UNCOVERD | 20 SF | ✗ |
| 251 | BATHROOM | 3 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% | $3,919.93 | $3,919.93 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $2,220.18 | $2,220.18 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,592.40 | $1,592.40 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $500.05 | $500.05 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $438.09 | $438.09 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $8,670.65 | $8,670.65 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $321,254 | $423,685 | -24.2% |
| Assessed Value | $321,254 | $423,685 | -24.2% |
| Land Value | $214,548 | $321,821 | -33.3% |
| Improvement Value | $106,706 | $101,864 | +4.8% |
| Taxable Value | $321,254 | $423,685 | -24.2% |
| Total Tax 2026 = estimate |
~$6,574
Estimated
|
~$8,671
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $321,254 | $321,254 | +0 (+0.0%) |
| Taxable Value | $321,254 | $321,254 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $321,254 | $214,548 | $106,706 | — | $321,254 | $321,254 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $423,685 | $321,821 | $101,864 | — | $423,685 | $423,685 | ~$8,671 | Partial |
| 2024 | $618,157 | — | — | −$318,157 | $300,000 | $— | $10,153 | Verified |
| 2023 | $615,437 | — | — | −$315,437 | $300,000 | $— | $11,184 | Verified |
| 2022 | $375,000 | — | — | −$75,000 | $300,000 | $— | $12,154 | Verified |
| 2021 | $378,900 | — | — | −$178,900 | $200,000 | $— | $8,163 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -24.2% | -24.2% | ~100% | Not available | Partial |
| 2025 | -17.3% | -17.3% | ~100% | Not available | Partial |
| 2024 | -17.1% | -17.1% | ~100% | 1.9800% | Verified |
| 2023 | +0.4% | +0.4% | ~100% | 1.8100% | Verified |
| 2022 | +64.1% | +64.1% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1500% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +13.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -24.2% | +1.6% | +9.4% | +64.1% | 2023 | -31.5% | 2025 |
| Assessment Ratio | 100.0% | 71.7% | — | 100.0% | 2025 | 48.5% | 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 |
$8,671 | $10,065 | ~$8,977 | $12,154 | 2022 | $8,163 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$435,685 | ~$435,685 | ~2.0139% | ~$8,774 | +2.8% |
| 2027 | ~$448,025 | ~$448,025 | ~1.9814% | ~$8,877 | +5.7% |
| 2028 | ~$460,715 | ~$460,715 | ~1.9488% | ~$8,979 | +8.7% |
| 2029 | ~$473,763 | ~$473,763 | ~1.9163% | ~$9,079 | +11.8% |
| 2030 | ~$487,182 | ~$487,182 | ~1.8837% | ~$9,177 | +15.0% |
| 2026 | ~$427,211 | ~$427,211 | ~2.0465% | ~$8,743 | +0.8% |
| 2027 | ~$430,767 | ~$430,767 | ~2.0465% | ~$8,816 | +1.7% |
| 2028 | ~$434,353 | ~$434,353 | ~2.0465% | ~$8,889 | +2.5% |
| 2029 | ~$437,968 | ~$437,968 | ~2.0465% | ~$8,963 | +3.4% |
| 2030 | ~$441,613 | ~$441,613 | ~2.0465% | ~$9,038 | +4.2% |
| 2026 | ~$444,159 | ~$444,159 | ~1.9977% | ~$8,873 | +4.8% |
| 2027 | ~$465,622 | ~$465,622 | ~1.9488% | ~$9,074 | +9.9% |
| 2028 | ~$488,122 | ~$488,122 | ~1.9000% | ~$9,274 | +15.2% |
| 2029 | ~$511,710 | ~$511,710 | ~1.8512% | ~$9,473 | +20.8% |
| 2030 | ~$536,437 | ~$536,437 | ~1.8024% | ~$9,669 | +26.6% |
In 2025, this property's market value of $423,685 places it in the bottom 25% for Multi-Family properties in Travis County (12584 comparable) — -18% 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 | $423,685 | $438,669 | $519,778 | $749,859 | ↓ Bottom 25% | -7.5% |
| 2024 | $618,157 | $467,458 | $564,615 | $848,565 | ↑ Above median | -6.3% |
| 2023 | $615,437 | $503,905 | $617,035 | $919,932 | ↓ Below median | +0.9% |
| 2022 | $375,000 | $506,618 | $615,058 | $906,429 | ↓ Bottom 25% | +39.1% |
| 2021 | $378,900 | $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.