2311 W RUNDBERG LN TX
| Owner | MET PHASE I 95 LTD |
|---|---|
| Parcel ID | 0247080109 |
| Short ID | 442955 |
| Type | Real |
| Use Code | 64 Industrial 20K+ SF (25–49%) |
| Valuation | Cost |
| Improvement SF | 73,440 SF |
| Land SF | 313,022 SF |
| Acres | 7.186 |
| Year Built | 1995 |
| Legal | LOT 1 BLK B METRIC CENTER WEST SUBD |
| Neighborhood | 64NOR |
| Land | $7,711,192 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $7,711,192 |
| Improvement | $3,788,808 |
|---|---|
| Total Improvement | $3,788,808 |
| Market | $11,500,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $11,500,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $11,500,000 |
| Taxable Value | $11,500,000 |
|---|
Appreciation: Market value has risen +30.7% from $8,800,000 (2021) to $11,500,000 (2025), a CAGR of 6.9% over 4 years. This represents moderate, steady growth. Growth has been fairly evenly spread across these years rather than concentrated in one jump. 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 $235,346. 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 cost approach, tied more to replacement cost and physical condition than to income performance.
Value Composition: Land carries 67% of market value ($7,711,192 land vs $3,788,808 improvements), about $25/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $11,500,000, 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 +6.0% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $15,688,920 by 2031, with an estimated annual tax burden around $295,539. 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.
11 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 144,500 SF | ✗ |
| SO | Sketch Only | 110,888 SF | ✗ |
| 1ST | 1st Floor | 73,440 SF | ✓ |
| 491 | SPRINKLER HEADS | 73,440 SF | ✗ |
| 881 | COMMCL FINISHOUT | 25,910 SF | ✓ |
| 093 | HVAC COMMRCL SF | 11,525 SF | ✗ |
| 272 | COLDSTG VAULT LG | 4,284 SF | ✓ |
| 408 | LOADING RAMP | 1,749 SF | ✓ |
| 501 | CANOPY | 985 SF | ✗ |
| 482 | LIGHT POLES | 11 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% | $106,398.00 | $106,398.00 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $60,261.96 | $60,261.96 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $43,222.18 | $43,222.18 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $13,572.65 | $13,572.65 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $11,891.00 | $11,891.00 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $235,345.79 | $235,345.79 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $106,398.00 | 45.2% |
| CAT City of Austin | 0.5240% | $60,261.96 | 25.6% |
| TCO Travis County | 0.3758% | $43,222.18 | 18.4% |
| THD Travis Central Health | 0.1180% | $13,572.65 | 5.8% |
| ACT Austin Community College | 0.1034% | $11,891.00 | 5.1% |
| Total | 2.0465% | $235,345.79 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $11,750,000 | $11,500,000 | +2.2% |
| Assessed Value | $11,750,000 | $11,500,000 | +2.2% |
| Land Value | $7,711,192 | $7,711,192 | +0.0% |
| Improvement Value | $4,038,808 | $3,788,808 | +6.6% |
| Taxable Value | $11,750,000 | $11,500,000 | +2.2% |
| Total Tax 2026 = estimate |
~$240,462
Estimated
|
~$235,346
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $11,750,000 | $7,711,192 | $4,038,808 | — | $11,750,000 | $11,750,000 | Not yet — post-cert | Preliminary |
| 2025 | $11,500,000 | $7,711,192 | $3,788,808 | — | $11,500,000 | $11,500,000 | ~$235,346 | Partial |
| 2024 | $11,565,511 | $7,711,192 | $3,854,319 | — | $11,565,511 | $11,565,511 | $229,207 | Verified |
| 2023 | $10,900,000 | $7,591,230 | $3,308,770 | — | $10,900,000 | $10,900,000 | $191,648 | Verified |
| 2022 | $10,408,017 | $2,530,410 | $7,877,607 | — | $10,408,017 | $10,408,017 | $194,143 | Verified |
| 2021 | $8,800,000 | $2,530,410 | $6,269,590 | — | $8,800,000 | $8,800,000 | $191,548 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +2.2% | +2.2% | ~100% | Not available | Partial |
| 2025 | -0.6% | -0.6% | ~100% | Not available | Partial |
| 2024 | +6.1% | +6.1% | ~100% | No billing data | Verified |
| 2023 | +4.7% | +4.7% | ~100% | No billing data | Verified |
| 2022 | +18.3% | +18.3% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +30.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +2.2% | +6.1% | +6.0% | +18.3% | 2022 | -0.6% | 2025 |
| 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 |
$235,346 | $208,378 | ~$272,747 | $235,346 | 2025 | $191,548 | 2021 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$12,449,414 | ~$12,449,414 | ~2.0139% | ~$250,723 | +6.0% |
| 2028 | ~$13,190,460 | ~$13,190,460 | ~1.9814% | ~$261,354 | +12.3% |
| 2029 | ~$13,975,617 | ~$13,975,617 | ~1.9488% | ~$272,362 | +18.9% |
| 2030 | ~$14,807,510 | ~$14,807,510 | ~1.9163% | ~$283,755 | +26.0% |
| 2031 | ~$15,688,920 | ~$15,688,920 | ~1.8837% | ~$295,539 | +33.5% |
| 2027 | ~$12,214,414 | ~$12,214,414 | ~2.0465% | ~$249,966 | +4.0% |
| 2028 | ~$12,697,184 | ~$12,697,184 | ~2.0465% | ~$259,846 | +8.1% |
| 2029 | ~$13,199,034 | ~$13,199,034 | ~2.0465% | ~$270,116 | +12.3% |
| 2030 | ~$13,720,721 | ~$13,720,721 | ~2.0465% | ~$280,792 | +16.8% |
| 2031 | ~$14,263,027 | ~$14,263,027 | ~2.0465% | ~$291,891 | +21.4% |
| 2027 | ~$12,684,414 | ~$12,684,414 | ~1.9977% | ~$253,392 | +8.0% |
| 2028 | ~$13,693,137 | ~$13,693,137 | ~1.9488% | ~$266,857 | +16.5% |
| 2029 | ~$14,782,078 | ~$14,782,078 | ~1.9000% | ~$280,862 | +25.8% |
| 2030 | ~$15,957,616 | ~$15,957,616 | ~1.8512% | ~$295,406 | +35.8% |
| 2031 | ~$17,226,639 | ~$17,226,639 | ~1.8024% | ~$310,488 | +46.6% |
In 2025, this property's market value of $11,500,000 places it in the top 25% for Commercial properties in Travis County (13595 comparable) — 8× 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 | $11,500,000 | $632,506 | $1,382,921 | $3,258,143 | ↑ Top 25% | -0.8% |
| 2024 | $11,565,511 | $647,500 | $1,401,787 | $3,362,090 | ↑ Top 25% | +0.0% |
| 2023 | $10,900,000 | $651,680 | $1,383,015 | $3,277,245 | ↑ Top 25% | +9.7% |
| 2022 | $10,408,017 | $535,964 | $1,190,250 | $2,842,216 | ↑ Top 25% | +3.3% |
| 2021 | $8,800,000 | $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 | — |