301 E RUNDBERG LN TX 78753
| Owner | AB RUNDBERG LAND LLC |
|---|---|
| Parcel ID | 0240170601 |
| Short ID | 244947 |
| Type | Real |
| Use Code | 30 Strip Center (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 4,908 SF |
| Land SF | 17,082 SF |
| Acres | 0.392 |
| Year Built | 2021 |
| Legal | LOT 11-12 BLK I *LESS N 20FT GEORGIAN ACRES |
| Neighborhood | 1NO1 |
| Land | $256,227 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $256,227 |
| Improvement | $762,170 |
|---|---|
| Total Improvement | $762,170 |
| Market | $1,018,397 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,018,397 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,018,397 |
| Taxable Value | $1,018,397 |
|---|
Appreciation: Market value has risen +169.5% from $377,895 (2021) to $1,018,397 (2025), a CAGR of 28.1% over 4 years. This is strong appreciation — well above typical inflation. 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 Commercial parcel countywide rose +17.8%, 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 $20,841. 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 25% of market value ($256,227 land vs $762,170 improvements), about $15/SF of land. Most value sits in the improvements, so building condition, age (~5 yrs), and rent roll drive the underwriting.
Submarket Position: At $1,018,397, 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 +22.9% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $2,966,030 by 2031, with an estimated annual tax burden around $55,872. 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 |
|---|---|---|---|
| 1ST | 1st Floor | 2,454 SF | ✓ |
| 2ND | 2nd Floor | 2,454 SF | ✓ |
| 413 | STAIRWAY EXT | 2 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% | $9,422.21 | $9,422.21 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $5,336.57 | $5,336.57 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,827.59 | $3,827.59 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,201.94 | $1,201.94 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,053.02 | $1,053.02 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $20,841.33 | $20,841.33 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $9,422.21 | 45.2% |
| CAT City of Austin | 0.5240% | $5,336.57 | 25.6% |
| TCO Travis County | 0.3758% | $3,827.59 | 18.4% |
| THD Travis Central Health | 0.1180% | $1,201.94 | 5.8% |
| ACT Austin Community College | 0.1034% | $1,053.02 | 5.1% |
| Total | 2.0465% | $20,841.33 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,058,701 | $1,018,397 | +4.0% |
| Assessed Value | $1,058,701 | $1,018,397 | +4.0% |
| Land Value | $256,227 | $256,227 | +0.0% |
| Improvement Value | $802,474 | $762,170 | +5.3% |
| Taxable Value | $1,058,701 | $1,018,397 | +4.0% |
| Total Tax 2026 = estimate |
~$21,666
Estimated
|
~$20,841
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $1,058,701 | $256,227 | $802,474 | — | $1,058,701 | $1,058,701 | Not yet — post-cert | Preliminary |
| 2025 | $1,018,397 | $256,227 | $762,170 | — | $1,018,397 | $1,018,397 | ~$20,841 | Partial |
| 2024 | $1,308,037 | $256,227 | $1,051,810 | — | $1,308,037 | $1,308,037 | $25,923 | Verified |
| 2023 | $1,335,251 | $256,227 | $1,079,024 | — | $1,335,251 | $1,335,251 | $24,158 | Verified |
| 2022 | $256,227 | $256,227 | — | — | $256,227 | $256,227 | $5,060 | Verified |
| 2021 | $377,895 | $256,227 | $121,668 | — | $377,895 | $377,895 | $8,226 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +4.0% | +4.0% | ~100% | Not available | Partial |
| 2025 | -22.1% | -22.1% | ~100% | Not available | Partial |
| 2024 | -2.0% | -2.0% | ~100% | No billing data | Verified |
| 2023 | +421.1% ! | +421.1% | ~100% | No billing data | Verified |
| 2022 | -32.2% | -32.2% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +169.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +4.0% | +73.8% | +22.9% | +421.1% | 2023 | -32.2% | 2022 |
| 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 |
$20,841 | $16,842 | ~$39,657 | $25,923 | 2024 | $5,060 | 2022 |
Market value changed by 421% in 2023, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$1,300,929 | ~$1,300,929 | ~2.0139% | ~$26,200 | +22.9% |
| 2028 | ~$1,598,579 | ~$1,598,579 | ~1.9814% | ~$31,674 | +51.0% |
| 2029 | ~$1,964,331 | ~$1,964,331 | ~1.9488% | ~$38,282 | +85.5% |
| 2030 | ~$2,413,765 | ~$2,413,765 | ~1.9163% | ~$46,255 | +128.0% |
| 2031 | ~$2,966,030 | ~$2,966,030 | ~1.8837% | ~$55,872 | +180.2% |
| 2027 | ~$1,279,755 | ~$1,279,755 | ~2.0465% | ~$26,190 | +20.9% |
| 2028 | ~$1,546,966 | ~$1,546,966 | ~2.0465% | ~$31,658 | +46.1% |
| 2029 | ~$1,869,969 | ~$1,869,969 | ~2.0465% | ~$38,269 | +76.6% |
| 2030 | ~$2,260,414 | ~$2,260,414 | ~2.0465% | ~$46,259 | +113.5% |
| 2031 | ~$2,732,384 | ~$2,732,384 | ~2.0465% | ~$55,918 | +158.1% |
| 2027 | ~$1,322,104 | ~$1,322,104 | ~1.9977% | ~$26,411 | +24.9% |
| 2028 | ~$1,651,040 | ~$1,651,040 | ~1.9488% | ~$32,176 | +55.9% |
| 2029 | ~$2,061,815 | ~$2,061,815 | ~1.9000% | ~$39,175 | +94.7% |
| 2030 | ~$2,574,790 | ~$2,574,790 | ~1.8512% | ~$47,664 | +143.2% |
| 2031 | ~$3,215,393 | ~$3,215,393 | ~1.8024% | ~$57,953 | +203.7% |
In 2025, this property's market value of $1,018,397 places it in the 25th–50th percentile for Commercial properties in Travis County (13595 comparable) — -26% 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 | $1,018,397 | $632,506 | $1,382,921 | $3,258,143 | ↓ Below median | -0.8% |
| 2024 | $1,308,037 | $647,500 | $1,401,787 | $3,362,090 | ↓ Below median | +0.0% |
| 2023 | $1,335,251 | $651,680 | $1,383,015 | $3,277,245 | ↓ Below median | +9.7% |
| 2022 | $256,227 | $535,964 | $1,190,250 | $2,842,216 | ↓ Bottom 25% | +3.3% |
| 2021 | $377,895 | $538,645 | $1,173,514 | $2,782,974 | ↓ Bottom 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 | — |