BERKMAN DR 78723
| Owner | TDC GRIFFIN WINDSOR OWNER LLC |
|---|---|
| Parcel ID | 0222170918 |
| Short ID | 967372 |
| Type | Real |
| Use Code | 32 Restaurant |
| Valuation | Income |
| Improvement SF | 3,300 SF |
| Land SF | 15,170 SF |
| Acres | 0.348 |
| Year Built | 2024 |
| Legal | WINDSOR VILLAGE BERKMAN BLK A LOT 2 |
| Neighborhood | EA3 |
| Land | $455,100 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $455,100 |
| Improvement | $480,424 |
|---|---|
| Total Improvement | $480,424 |
| Market | $935,524 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $935,524 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $935,524 |
| Taxable Value | $935,524 |
|---|
Appreciation: Market value has risen +105.6% from $455,100 (2023) to $935,524 (2025), a CAGR of 43.4% over 2 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2025→2026), 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 fell -0.0%, so this parcel has outpaced 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 $19,145. 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 49% of market value ($455,100 land vs $480,424 improvements), about $30/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $935,524, this parcel sits in the lower-middle (25th–50th 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 +62.7% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $22,324,332 by 2031, with an estimated annual tax burden around $420,533. 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 | 3,300 SF | ✓ |
| 093 | HVAC COMMRCL SF | 3,300 SF | ✗ |
| 501 | CANOPY | 340 SF | ✗ |
| 612C | TERRACE UNCOVERD COMM | 300 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% | $8,655.47 | $8,655.47 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $4,902.30 | $4,902.30 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,516.12 | $3,516.12 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,104.13 | $1,104.13 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $967.33 | $967.33 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $19,145.35 | $19,145.35 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $8,655.47 | 45.2% |
| CAT City of Austin | 0.5240% | $4,902.30 | 25.6% |
| TCO Travis County | 0.3758% | $3,516.12 | 18.4% |
| THD Travis Central Health | 0.1180% | $1,104.13 | 5.8% |
| ACT Austin Community College | 0.1034% | $967.33 | 5.1% |
| Total | 2.0465% | $19,145.35 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,959,335 | $935,524 | +109.4% |
| Assessed Value | $1,747,789 | $935,524 | +86.8% |
| Land Value | $455,100 | $455,100 | +0.0% |
| Improvement Value | $1,504,235 | $480,424 | +213.1% |
| Taxable Value | $1,747,789 | $935,524 | +86.8% |
| HS Cap Loss | -$211,546 | — | |
| Total Tax 2026 = estimate |
~$35,768
Estimated
|
~$19,145
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $1,959,335 | $455,100 | $1,504,235 | −$211,546 | $1,747,789 | $1,747,789 | Not yet — post-cert | Preliminary |
| 2025 | $935,524 | $455,100 | $480,424 | — | $935,524 | $935,524 | ~$19,145 | Partial |
| 2024 | $455,100 | $455,100 | — | — | $455,100 | $455,100 | $9,019 | Verified |
| 2023 | $455,100 | $455,100 | — | — | $455,100 | $455,100 | $6,936 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +109.4% ! | +86.8% | 89.2% | Not available | Partial |
| 2025 | +105.6% ! | +105.6% | ~100% | Not available | Partial |
| 2024 | +0.0% | +0.0% | ~100% | No billing data | Verified |
| 2023 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +105.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +109.4% | +71.7% | +62.7% | +109.4% | 2026 | +0.0% | 2024 |
| Assessment Ratio | 89.2% | 97.3% | — | 100.0% | 2023 | 89.2% | 2026 |
| 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 |
$19,145 | $11,700 | ~$202,966 | $19,145 | 2025 | $6,936 | 2023 |
Market value changed by 106% in 2025, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$3,187,445 | ~$3,187,445 | ~2.0139% | ~$64,193 | +62.7% |
| 2028 | ~$5,185,332 | ~$5,185,332 | ~1.9814% | ~$102,742 | +164.6% |
| 2029 | ~$8,435,495 | ~$8,435,495 | ~1.9488% | ~$164,394 | +330.5% |
| 2030 | ~$13,722,856 | ~$13,722,856 | ~1.9163% | ~$262,970 | +600.4% |
| 2031 | ~$22,324,332 | ~$22,324,332 | ~1.8837% | ~$420,533 | +1039.4% |
| 2027 | ~$3,148,258 | ~$3,148,258 | ~2.0465% | ~$64,429 | +60.7% |
| 2028 | ~$5,058,618 | ~$5,058,618 | ~2.0465% | ~$103,524 | +158.2% |
| 2029 | ~$8,128,184 | ~$8,128,184 | ~2.0465% | ~$166,342 | +314.8% |
| 2030 | ~$13,060,360 | ~$13,060,360 | ~2.0465% | ~$267,278 | +566.6% |
| 2031 | ~$20,985,376 | ~$20,985,376 | ~2.0465% | ~$429,463 | +971.0% |
| 2027 | ~$3,226,631 | ~$3,226,631 | ~1.9977% | ~$64,457 | +64.7% |
| 2028 | ~$5,313,614 | ~$5,313,614 | ~1.9488% | ~$103,554 | +171.2% |
| 2029 | ~$8,750,455 | ~$8,750,455 | ~1.9000% | ~$166,260 | +346.6% |
| 2030 | ~$14,410,243 | ~$14,410,243 | ~1.8512% | ~$266,762 | +635.5% |
| 2031 | ~$23,730,777 | ~$23,730,777 | ~1.8024% | ~$427,717 | +1111.2% |
In 2025, this property's market value of $935,524 places it in the 25th–50th percentile for Commercial properties in Travis County (13595 comparable) — -32% below 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 | $935,524 | $632,506 | $1,382,921 | $3,258,143 | ↓ Below median | -0.8% |
| 2024 | $455,100 | $647,500 | $1,401,787 | $3,362,090 | ↓ Bottom 25% | +0.0% |
| 2023 | $455,100 | $651,680 | $1,383,015 | $3,277,245 | ↓ Bottom 25% | +9.7% |
| 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 | — |