1624 E RUNDBERG LN TX 78753
| Owner | WEST AUSTIN HOLDINGS LLC |
|---|---|
| Parcel ID | 0237230229 |
| Short ID | 943093 |
| Type | Real |
| Use Code | 60 Industrial 20K+ SF (<25% FO) |
| Valuation | Cost |
| Improvement SF | 29,699 SF |
| Land SF | 199,156 SF |
| Acres | 4.572 |
| Year Built | 2023 |
| Legal | LOT 2 RUNDBERG-CAMERON MARKET SUBD |
| Neighborhood | 1NE1 |
| Land | $1,433,926 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,433,926 |
| Improvement | $1,566,074 |
|---|---|
| Total Improvement | $1,566,074 |
| Market | $3,000,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $3,000,000 |
| Value Limitation Adjustment (−) (homestead cap) | −$1,544,840 |
| Net Appraised (assessed) | $1,455,160 |
| Taxable Value | $1,455,160 |
|---|
Appreciation: Market value has risen +172.7% from $1,100,000 (2021) to $3,000,000 (2025), a CAGR of 28.5% over 4 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 Land/Vacant parcel countywide rose +283.7%, so this parcel has lagged the broader land/vacant market over the same period.
Tax Burden: The combined rate across 5 taxing entities is 2.2027% in 2025 (+0.0900% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $32,053. Manor ISD is the largest single contributor, at 49.1% of the total 2025 levy.
Assessment Gap: Assessed value ($1,455,160) is $1,544,840 below market value, suggesting potential for an upward assessment in future years.
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 48% of market value ($1,433,926 land vs $1,566,074 improvements), about $7/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $3,000,000, 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 +38.8% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $29,222,098 by 2031, with an estimated annual tax burden around $52,654. 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.
3 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 219,750 SF | ✗ |
| 1ST | 1st Floor | 29,699 SF | ✓ |
| 491 | SPRINKLER HEADS | 22,805 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 |
|---|---|---|---|---|---|---|---|---|---|
| IMA Manor ISD | 1.3520% | 1.3520% | 1.0861% | 1.0814% | 1.0814% | +0.0000% | $15,736.10 | $15,736.10 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $7,625.29 | $7,625.29 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $5,469.15 | $5,469.15 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,717.42 | $1,717.42 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,504.64 | $1,504.64 | Paid |
| Combined Rate | 2.4670% | 2.3303% | 2.0358% | 2.1127% | 2.2027% | +0.0900% | $32,052.60 | $32,052.60 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IMA Manor ISD | 1.0814% | $15,736.10 | 49.1% |
| CAT City of Austin | 0.5240% | $7,625.29 | 23.8% |
| TCO Travis County | 0.3758% | $5,469.15 | 17.1% |
| THD Travis Central Health | 0.1180% | $1,717.42 | 5.4% |
| ACT Austin Community College | 0.1034% | $1,504.64 | 4.7% |
| Total | 2.2027% | $32,052.60 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $5,669,595 | $3,000,000 | +89.0% |
| Assessed Value | $1,746,192 | $1,455,160 | +20.0% |
| Land Value | $1,433,926 | $1,433,926 | +0.0% |
| Improvement Value | $4,235,669 | $1,566,074 | +170.5% |
| Taxable Value | $1,746,192 | $1,455,160 | +20.0% |
| HS Cap Loss | -$3,923,403 | — | |
| Total Tax 2026 = estimate |
~$38,463
Estimated
|
~$32,053
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $5,669,595 | $1,433,926 | $4,235,669 | −$3,923,403 | $1,746,192 | $1,746,192 | Not yet — post-cert | Preliminary |
| 2025 | $3,000,000 | $1,433,926 | $1,566,074 | −$1,544,840 | $1,455,160 | $1,455,160 | ~$32,053 | Partial |
| 2024 | $1,453,835 | $1,433,926 | $19,909 | −$241,202 | $1,212,633 | $1,212,633 | $25,619 | Verified |
| 2023 | $1,000,000 | $1,593,251 | — | — | $1,000,000 | $1,000,000 | $20,358 | Verified |
| 2022 | $1,100,000 | $1,593,251 | — | — | $1,100,000 | $1,100,000 | $25,634 | Verified |
| 2021 | $1,100,000 | $1,100,000 | — | — | $1,100,000 | $1,100,000 | $27,137 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +89.0% ! | +20.0% | 30.8% | Not available | Partial |
| 2025 | +106.4% ! | +20.0% | 48.5% | Not available | Partial |
| 2024 | +45.4% | +21.3% | 83.4% | No billing data | Verified |
| 2023 | -9.1% | -9.1% | ~100% | No billing data | Verified |
| 2022 | +0.0% | +0.0% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +172.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +89.0% | +46.3% | +38.8% | +106.4% | 2025 | -9.1% | 2023 |
| Assessment Ratio | 30.8% | 77.1% | — | 100.0% | 2021 | 30.8% | 2026 |
| Effective Tax Rate (2025) | 1.0700% | 1.0700% | — | 1.0700% | 2025 | 1.0700% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$32,053 | $26,160 | ~$46,717 | $32,053 | 2025 | $20,358 | 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 | ~$7,870,166 | ~$1,920,811 | ~2.1366% | ~$41,040 | +38.8% |
| 2028 | ~$10,924,857 | ~$2,112,892 | ~2.0705% | ~$43,748 | +92.7% |
| 2029 | ~$15,165,183 | ~$2,324,182 | ~2.0045% | ~$46,587 | +167.5% |
| 2030 | ~$21,051,329 | ~$2,556,600 | ~1.9384% | ~$49,557 | +271.3% |
| 2031 | ~$29,222,098 | ~$2,812,260 | ~1.8723% | ~$52,654 | +415.4% |
| 2027 | ~$7,756,774 | ~$1,920,811 | ~2.2027% | ~$42,309 | +36.8% |
| 2028 | ~$10,612,319 | ~$2,112,892 | ~2.2027% | ~$46,540 | +87.2% |
| 2029 | ~$14,519,090 | ~$2,324,182 | ~2.2027% | ~$51,194 | +156.1% |
| 2030 | ~$19,864,083 | ~$2,556,600 | ~2.2027% | ~$56,314 | +250.4% |
| 2031 | ~$27,176,758 | ~$2,812,260 | ~2.2027% | ~$61,945 | +379.3% |
| 2027 | ~$7,983,558 | ~$1,920,811 | ~2.1036% | ~$40,406 | +40.8% |
| 2028 | ~$11,241,932 | ~$2,112,892 | ~2.0045% | ~$42,352 | +98.3% |
| 2029 | ~$15,830,164 | ~$2,324,182 | ~1.9054% | ~$44,284 | +179.2% |
| 2030 | ~$22,291,016 | ~$2,556,600 | ~1.8062% | ~$46,178 | +293.2% |
| 2031 | ~$31,388,772 | ~$2,812,260 | ~1.7071% | ~$48,009 | +453.6% |
In 2025, this property's market value of $3,000,000 places it in the top 25% for Land/Vacant properties in Travis County (35611 comparable) — 36× 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 | $3,000,000 | $24,862 | $84,423 | $362,804 | ↑ Top 25% | +2.1% |
| 2024 | $1,453,835 | $23,000 | $66,000 | $328,966 | ↑ Top 25% | +0.0% |
| 2023 | $1,000,000 | $24,692 | $71,500 | $270,000 | ↑ Top 25% | +0.0% |
| 2022 | $1,100,000 | $15,000 | $55,000 | $180,000 | ↑ Top 25% | +100.0% |
| 2021 | $1,100,000 | $8,000 | $22,000 | $81,900 | ↑ 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 | — |