1023 SPRINGDALE RD TX 78721
| Owner | 1023 HOLDINGS DE LLC |
|---|---|
| Parcel ID | 0206180529 |
| Short ID | 195655 |
| Type | Real |
| Use Code | 53 Office Small (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 181,032 SF |
| Land SF | 431,244 SF |
| Acres | 9.900 |
| Year Built | 2017 |
| Legal | LOT 1 BLK A 1023 SUBD |
| Neighborhood | 51EAS |
| Land | $18,629,741 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $18,629,741 |
| Improvement | $13,962,909 |
|---|---|
| Total Improvement | $13,962,909 |
| Market | $32,592,650 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $32,592,650 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $32,592,650 |
| Taxable Value | $32,592,650 |
|---|
Appreciation: Market value has fallen -18.0% from $39,744,800 (2021) to $32,592,650 (2025), a CAGR of -4.8% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2023→2024), not a steady climb — worth checking what drove that reappraisal rather than assuming a smooth trend. Over the same span, the median Commercial parcel countywide rose +17.8%, so this parcel has lagged the broader commercial 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 $667,004. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Asset Class: Commercial. No homestead exemptions apply — full market value is taxable. 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 57% of market value ($18,629,741 land vs $13,962,909 improvements), about $43/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $32,592,650, this parcel sits in the top quartile (≥75th percentile) of Commercial property in Travis County — county median $1,382,921 (P25 $632,506 / P75 $3,258,143, n=13,595). Commercial here is the broad TCAD category — every commercial 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 -5.0% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $23,669,238 by 2031, with an estimated annual tax burden around $445,867. 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 | 93,816 SF | ✓ |
| 2ND | 2nd Floor | 87,216 SF | ✓ |
| 611 | TERRACE | 22,308 SF | ✗ |
| 501 | CANOPY | 12,460 SF | ✗ |
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.
| 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% | $301,547.20 | $301,547.20 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $170,791.03 | $170,791.03 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $122,497.85 | $122,497.85 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $38,466.82 | $38,466.82 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $33,700.80 | $33,700.80 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $667,003.70 | $667,003.70 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $301,547.20 | 45.2% |
| CAT City of Austin | 0.5240% | $170,791.03 | 25.6% |
| TCO Travis County | 0.3758% | $122,497.85 | 18.4% |
| THD Travis Central Health | 0.1180% | $38,466.82 | 5.8% |
| ACT Austin Community College | 0.1034% | $33,700.80 | 5.1% |
| Total | 2.0465% | $667,003.70 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $30,671,308 | $32,592,650 | -5.9% |
| Assessed Value | $30,671,308 | $32,592,650 | -5.9% |
| Land Value | $18,629,741 | $18,629,741 | +0.0% |
| Improvement Value | $12,041,567 | $13,962,909 | -13.8% |
| Taxable Value | $30,671,308 | $32,592,650 | -5.9% |
| Total Tax 2026 = estimate |
~$627,684
Estimated
|
~$667,004
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $30,671,308 | $18,629,741 | $12,041,567 | — | $30,671,308 | $30,671,308 | Not yet — post-cert | Preliminary |
| 2025 | $32,592,650 | $18,629,741 | $13,962,909 | — | $32,592,650 | $32,592,650 | ~$667,004 | Partial |
| 2024 | $36,928,336 | $18,629,741 | $18,298,595 | — | $36,928,336 | $36,928,336 | $731,851 | Verified |
| 2023 | $42,754,900 | $18,629,741 | $24,125,159 | — | $42,754,900 | $42,754,900 | $773,542 | Verified |
| 2022 | $42,754,900 | $4,657,435 | $38,097,465 | — | $42,754,900 | $42,754,900 | $844,376 | Verified |
| 2021 | $39,744,800 | $3,104,957 | $36,639,843 | — | $39,744,800 | $39,744,800 | $845,542 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -5.9% | -5.9% | ~100% | Not available | Partial |
| 2025 | -11.7% | -11.7% | ~100% | Not available | Partial |
| 2024 | -13.6% | -13.6% | ~100% | No billing data | Verified |
| 2023 | +0.0% | +0.0% | ~100% | No billing data | Verified |
| 2022 | +7.6% | +7.6% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): -18.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -5.9% | -4.7% | -5.1% | +7.6% | 2022 | -13.6% | 2024 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2021 | 100.0% | 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 |
$667,004 | $772,463 | ~$513,920 | $845,542 | 2021 | $667,004 | 2025 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$29,122,100 | ~$29,122,100 | ~2.0139% | ~$586,501 | -5.1% |
| 2028 | ~$27,651,143 | ~$27,651,143 | ~1.9814% | ~$547,876 | -9.8% |
| 2029 | ~$26,254,484 | ~$26,254,484 | ~1.9488% | ~$511,658 | -14.4% |
| 2030 | ~$24,928,370 | ~$24,928,370 | ~1.9163% | ~$477,700 | -18.7% |
| 2031 | ~$23,669,238 | ~$23,669,238 | ~1.8837% | ~$445,867 | -22.8% |
| 2027 | ~$29,137,743 | ~$29,137,743 | ~2.0465% | ~$596,300 | -5.0% |
| 2028 | ~$27,680,855 | ~$27,680,855 | ~2.0465% | ~$566,485 | -9.8% |
| 2029 | ~$26,296,813 | ~$26,296,813 | ~2.0465% | ~$538,160 | -14.3% |
| 2030 | ~$24,981,972 | ~$24,981,972 | ~2.0465% | ~$511,252 | -18.5% |
| 2031 | ~$23,732,873 | ~$23,732,873 | ~2.0465% | ~$485,690 | -22.6% |
| 2027 | ~$29,735,526 | ~$29,735,526 | ~1.9977% | ~$594,015 | -3.1% |
| 2028 | ~$28,828,296 | ~$28,828,296 | ~1.9488% | ~$561,817 | -6.0% |
| 2029 | ~$27,948,744 | ~$27,948,744 | ~1.9000% | ~$531,031 | -8.9% |
| 2030 | ~$27,096,028 | ~$27,096,028 | ~1.8512% | ~$501,600 | -11.7% |
| 2031 | ~$26,269,329 | ~$26,269,329 | ~1.8024% | ~$473,471 | -14.4% |
In 2025, this property's market value of $32,592,650 places it in the top 25% for Commercial properties in Travis County (13595 comparable) — 24× the county median of $1,382,921. Commercial here is the broad TCAD category — every commercial 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 | $32,592,650 | $632,506 | $1,382,921 | $3,258,143 | ↑ Top 25% | -0.8% |
| 2024 | $36,928,336 | $647,500 | $1,401,787 | $3,362,090 | ↑ Top 25% | +0.0% |
| 2023 | $42,754,900 | $651,680 | $1,383,015 | $3,277,245 | ↑ Top 25% | +9.7% |
| 2022 | $42,754,900 | $535,964 | $1,190,250 | $2,842,216 | ↑ Top 25% | +3.3% |
| 2021 | $39,744,800 | $538,645 | $1,173,514 | $2,782,974 | ↑ Top 25% | base yr |
| Source | What it provides | Coverage for this parcel | Confidence |
|---|---|---|---|
| TCAD Certified Appraisal Roll ↗ | Market, assessed, and taxable value; land/improvement split; exemptions | 2025 | Certified |
| Texas Comptroller Annual Jurisdiction Roll (AJR) | Prior-year market and taxable value | 2021–2024 | Verified |
| TCAD Preliminary Export ↗ | First-look 2026 appraisal value, subject to change at certification | 2026 (exported June 9, 2026; certifies July 25, 2026) | Preliminary |
| Travis County Rates History ↗ | Adopted tax rate for each of this parcel's taxing entities | 1990–2025 | Verified |
| TaxCurOpenData | Current-year (2025) tax billing, by taxing entity | 2025 | Partial |
| PIR bulk billing export | Prior-year tax billing, Travis County Tax Office | 2021, 2022, 2023, 2024 | Verified |
| Satellite imagery (Esri World Imagery) | Aerial view of the parcel | Located by geocoding this parcel's address — may not resolve for every address | — |