5106 SPRINGDALE RD 2 78723
| Owner | WE ARE TEXAN BUSINESS LLC |
|---|---|
| Parcel ID | 0217221603 |
| Short ID | 974360 |
| Type | Real |
| Use Code | C1 Vacant Lot |
| Valuation | Cost |
| Improvement SF | — |
| Land SF | 39,061 SF |
| Acres | 0.897 |
| Year Built | — |
| Legal | SPRINGDALE COMMONS COMMERCIAL MASTER CONDOMINIUMS UNT 2 PLUS 38.12 % INT IN COM AREA |
| Neighborhood | EA3 |
| Land | $1,562,447 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,562,447 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $1,562,447 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,562,447 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,562,447 |
| Taxable Value | $1,562,447 |
|---|
Appreciation: Market value has risen +166.7% from $585,918 (2023) to $1,562,447 (2025), a CAGR of 63.3% over 2 years. This is strong appreciation — well above typical inflation. 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 Land/Vacant parcel countywide rose +18.1%, so this parcel has outpaced the broader land/vacant 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 $31,975. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Asset Class: Land / Vacant. This is valued using the cost approach, tied more to replacement cost and physical condition than to income performance.
Value Composition: Land carries 100% of market value ($1,562,447 land vs $0 improvements), about $40/SF of land. With value concentrated in the land, this reads as a land-dominated asset — the classic higher-and-best-use / redevelopment signal. Underwrite the dirt, not the building.
Submarket Position: At $1,562,447, this parcel sits in the top quartile (≥75th percentile) of Land/Vacant property in Travis County — county median $84,423 (P25 $24,862 / P75 $362,804, n=35,611). Land/Vacant here is the broad TCAD category — every land/vacant 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 +38.7% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $8,012,217 by 2031, with an estimated annual tax burden around $150,930. 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.
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% | $14,455.76 | $14,455.76 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $8,187.49 | $8,187.49 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $5,872.38 | $5,872.38 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,844.05 | $1,844.05 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,615.57 | $1,615.57 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $31,975.25 | $31,975.25 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $14,455.76 | 45.2% |
| CAT City of Austin | 0.5240% | $8,187.49 | 25.6% |
| TCO Travis County | 0.3758% | $5,872.38 | 18.4% |
| THD Travis Central Health | 0.1180% | $1,844.05 | 5.8% |
| ACT Austin Community College | 0.1034% | $1,615.57 | 5.1% |
| Total | 2.0465% | $31,975.25 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,562,447 | $1,562,447 | +0.0% |
| Assessed Value | $1,562,447 | $1,562,447 | +0.0% |
| Land Value | $1,562,447 | $1,562,447 | +0.0% |
| Improvement Value | — | — | — |
| Taxable Value | $1,562,447 | $1,562,447 | +0.0% |
| Total Tax 2026 = estimate |
~$31,975
Estimated
|
~$31,975
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $1,562,447 | $1,562,447 | — | — | $1,562,447 | $1,562,447 | Not yet — post-cert | Preliminary |
| 2025 | $1,562,447 | $1,562,447 | — | — | $1,562,447 | $1,562,447 | ~$31,975 | Partial |
| 2024 | $1,562,447 | $1,562,447 | — | −$859,345 | $703,102 | $703,102 | $13,934 | Verified |
| 2023 | $585,918 | $585,918 | — | — | $585,918 | $585,918 | $10,601 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2025 | +0.0% | +122.2% | ~100% | Not available | Partial |
| 2024 | +166.7% ! | +20.0% | 45.0% | No billing data | Verified |
| 2023 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +166.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +55.6% | +38.7% | +166.7% | 2024 | +0.0% | 2025 |
| Assessment Ratio | 100.0% | 86.2% | — | 100.0% | 2023 | 45.0% | 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 |
$31,975 | $18,837 | ~$89,203 | $31,975 | 2025 | $10,601 | 2023 |
Market value changed by 167% in 2024, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$2,166,680 | ~$2,166,680 | ~2.0139% | ~$43,636 | +38.7% |
| 2028 | ~$3,004,583 | ~$3,004,583 | ~1.9814% | ~$59,532 | +92.3% |
| 2029 | ~$4,166,523 | ~$4,166,523 | ~1.9488% | ~$81,199 | +166.7% |
| 2030 | ~$5,777,810 | ~$5,777,810 | ~1.9163% | ~$110,720 | +269.8% |
| 2031 | ~$8,012,217 | ~$8,012,217 | ~1.8837% | ~$150,930 | +412.8% |
| 2027 | ~$2,135,431 | ~$2,135,431 | ~2.0465% | ~$43,701 | +36.7% |
| 2028 | ~$2,918,541 | ~$2,918,541 | ~2.0465% | ~$59,728 | +86.8% |
| 2029 | ~$3,988,835 | ~$3,988,835 | ~2.0465% | ~$81,631 | +155.3% |
| 2030 | ~$5,451,630 | ~$5,451,630 | ~2.0465% | ~$111,567 | +248.9% |
| 2031 | ~$7,450,864 | ~$7,450,864 | ~2.0465% | ~$152,481 | +376.9% |
| 2027 | ~$2,197,929 | ~$2,197,929 | ~1.9977% | ~$43,907 | +40.7% |
| 2028 | ~$3,091,876 | ~$3,091,876 | ~1.9488% | ~$60,256 | +97.9% |
| 2029 | ~$4,349,410 | ~$4,349,410 | ~1.9000% | ~$82,640 | +178.4% |
| 2030 | ~$6,118,412 | ~$6,118,412 | ~1.8512% | ~$113,264 | +291.6% |
| 2031 | ~$8,606,906 | ~$8,606,906 | ~1.8024% | ~$155,128 | +450.9% |
In 2025, this property's market value of $1,562,447 places it in the top 25% for Land/Vacant properties in Travis County (35611 comparable) — 19× the county median of $84,423. Land/Vacant here is the broad TCAD category — every land/vacant 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 | $1,562,447 | $24,862 | $84,423 | $362,804 | ↑ Top 25% | +2.1% |
| 2024 | $1,562,447 | $23,000 | $66,000 | $328,966 | ↑ Top 25% | +0.0% |
| 2023 | $585,918 | $24,692 | $71,500 | $270,000 | ↑ Top 25% | +0.0% |
| 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 | 2023–2024 | 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 | 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 | — |