1529 BARTON SPRINGS RD 31 AUSTIN, TX 78704
| Owner | STEAKLEY WILLIAM M & MARK ADAMS |
|---|---|
| Parcel ID | 0103030813 |
| Short ID | 563506 |
| Type | Real |
| Use Code | 23 Small Office Condo |
| Valuation | Income |
| Improvement SF | 1,780 SF |
| Land SF | 7,279 SF |
| Acres | 0.167 |
| Year Built | 2009 |
| Legal | UNT 31 BLD 8 VILLAS OF LOST CANYON CONDOMINIUMS AMENDED PLUS 4.839 % INT IN COM AREA |
| Neighborhood | 43CEN |
| Land | $1,310,198 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,310,198 |
| Improvement | $131,601 |
|---|---|
| Total Improvement | $131,601 |
| Market | $1,441,799 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,441,799 |
| Value Limitation Adjustment (−) (homestead cap) | −$442,511 |
| Net Appraised (assessed) | $999,288 |
| Taxable Value | $999,288 |
|---|
| Total Due | $23,542.82 |
|---|---|
| First Delinquent | — |
Appreciation: Market value has risen +96.9% from $732,217 (2021) to $1,441,799 (2025), a CAGR of 18.5% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2024→2025), 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 +24.1%, 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 $20,450. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Assessment Gap: Assessed value ($999,288) is $442,511 below market value, suggesting potential for an upward assessment in future years.
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 91% of market value ($1,310,198 land vs $131,601 improvements), about $180/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 $1,441,799, this parcel sits in the upper-middle (50th–75th percentile) of Commercial property in Travis County — county median $1,417,484 (P25 $649,268 / P75 $3,347,260, n=13,608). 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 +18.5% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $3,363,070 by 2030, with an estimated annual tax burden around $30,316. Estimated Forward figures are model projections, not certified — see the 6-Year Projection section for the low/base/high bands.
Delinquent Taxes: $23,542.82 in unpaid taxes . These become a lien on the property and transfer to the buyer at closing unless negotiated otherwise.
6 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 2ND | 2nd Floor | 1,120 SF | ✓ |
| 1ST | 1st Floor | 660 SF | ✓ |
| 011C | PORCH OPEN 1ST COMM | 497 SF | ✗ |
| 012C | PORCH OPEN 2 COMM | 117 SF | ✗ |
| 413 | STAIRWAY EXT | 2 SF | ✓ |
| 276 | ELEVATOR COM PAS | 1 SF | ✓ |
| Entity | 2024 Rate | 2025 Rate | Rate Effect |
|---|---|---|---|
| City of Austin | 0.4776% | 0.5240% | +464 |
| Travis County | 0.3444% | 0.3758% | +314 |
| Austin ISD | 0.9505% | 0.9252% | -253 |
| Travis Central Health | 0.1080% | 0.1180% | +100 |
| Austin Community College | 0.1013% | 0.1034% | +21 |
Market value changed by 108% in 2023, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
This parcel has unpaid taxes on record. Delinquent taxes are a lien on the property and transfer to the buyer at closing unless negotiated otherwise.
| 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% | $9,245.41 | $— | $9,245.41 |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $5,236.44 | $— | $5,236.44 |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,755.77 | $— | $3,755.77 |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,179.39 | $— | $1,179.39 |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,033.26 | $— | $1,033.26 |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $20,450.27 | $0.00 | $20,450.27 |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,375,999 | $1,441,799 | -4.6% |
| Assessed Value | $1,199,146 | $999,288 | +20.0% |
| Land Value | $1,310,198 | $1,310,198 | +0.0% |
| Improvement Value | $65,801 | $131,601 | -50.0% |
| Taxable Value | $1,199,146 | $999,288 | +20.0% |
| HS Cap Loss | -$176,853 | — | |
| Total Tax 2026 = estimate |
~$24,540
Estimated
|
$20,450 | ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,375,999 | $1,375,999 | +0 (+0.0%) |
| Taxable Value | $1,199,146 | $1,199,146 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,375,999 | $1,310,198 | $65,801 | −$176,853 | $1,199,146 | $1,199,146 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,441,799 | $1,310,198 | $131,601 | −$442,511 | $999,288 | $999,288 | $20,450 | Verified |
| 2024 | $693,950 | — | — | — | $1,310,198 ! | $— | $16,503 | Verified |
| 2023 | $693,950 | — | — | — | $693,950 | $— | $12,555 | Verified |
| 2022 | $667,488 | — | — | −$485,516 | $181,972 | $— | $13,705 | Verified |
| 2021 | $732,217 | — | — | −$550,245 | $181,972 | $— | $14,529 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -4.6% | +20.0% | 87.2% | Not available | Partial |
| 2025 | +0.1% | +20.0% | 69.3% | 1.4200% | Verified |
| 2024 | -0.0% | -42.2% | 57.8% | 1.1500% | Verified |
| 2023 | +107.7% ! | +107.7% | ~100% | 0.8700% | Verified |
| 2022 | +4.0% | +4.0% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 1.9800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +116.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -4.6% | +19.7% | +19.6% | +107.8% | 2025 | -8.8% | 2022 |
| Assessment Ratio | 87.1% | 82.9% | — | 188.8% | 2024 | 24.9% | 2021 |
| Effective Tax Rate (2025) | 1.4200% | 1.4200% | — | 1.4200% | 2025 | 1.4200% | 2025 |
| Tax Amount | $20,450 | $15,549 | ~$26,074 | $20,450 | 2025 | $12,555 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,707,933 | ~$1,099,217 | ~2.0139% | ~$22,138 | +18.5% |
| 2027 | ~$2,023,192 | ~$1,209,138 | ~1.9814% | ~$23,958 | +40.3% |
| 2028 | ~$2,396,643 | ~$1,330,052 | ~1.9488% | ~$25,921 | +66.2% |
| 2029 | ~$2,839,028 | ~$1,463,058 | ~1.9163% | ~$28,036 | +96.9% |
| 2030 | ~$3,363,070 | ~$1,609,363 | ~1.8837% | ~$30,316 | +133.3% |
| 2026 | ~$1,679,097 | ~$1,099,217 | ~2.0465% | ~$22,495 | +16.5% |
| 2027 | ~$1,955,452 | ~$1,209,138 | ~2.0465% | ~$24,745 | +35.6% |
| 2028 | ~$2,277,290 | ~$1,330,052 | ~2.0465% | ~$27,219 | +57.9% |
| 2029 | ~$2,652,097 | ~$1,463,058 | ~2.0465% | ~$29,941 | +83.9% |
| 2030 | ~$3,088,593 | ~$1,609,363 | ~2.0465% | ~$32,935 | +114.2% |
| 2026 | ~$1,736,769 | ~$1,099,217 | ~1.9977% | ~$21,959 | +20.5% |
| 2027 | ~$2,092,086 | ~$1,209,138 | ~1.9488% | ~$23,564 | +45.1% |
| 2028 | ~$2,520,096 | ~$1,330,052 | ~1.9000% | ~$25,271 | +74.8% |
| 2029 | ~$3,035,670 | ~$1,463,058 | ~1.8512% | ~$27,084 | +110.5% |
| 2030 | ~$3,656,722 | ~$1,609,363 | ~1.8024% | ~$29,007 | +153.6% |
In 2025, this property's market value of $1,441,799 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +2% above the county median of $1,417,484. 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 | $1,441,799 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $693,950 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $693,950 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $667,488 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $732,217 | $517,750 | $1,142,600 | $2,780,453 | ↓ Below median | base yr |
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.