3624 NORTH HILLS DR B-102 TX 78731
| Owner | LU DAVID DAW LONG & GRACE YEH |
|---|---|
| Parcel ID | 0137020111 |
| Short ID | 133803 |
| Type | Real |
| Use Code | 23 Small Office Condo |
| Valuation | Income |
| Improvement SF | 1,669 SF |
| Land SF | 65,933 SF |
| Acres | 1.514 |
| Year Built | 1982 |
| Legal | UNT 101 BLD B NORTH HILLS OFFICE PARK CONDOMINIUMS AMENDED PLUS 6.75 % INT IN COM AREA |
| Neighborhood | 23NW04 |
| Land | $988,984 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $988,984 |
| Improvement | $6,346,719 |
|---|---|
| Total Improvement | $6,346,719 |
| Market | $7,335,703 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $7,335,703 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $7,335,703 |
| Taxable Value | $7,335,703 |
|---|
Appreciation: Market value has risen +25.7% from $5,833,654 (2021) to $7,335,703 (2025), a CAGR of 5.9% over 4 years. This represents moderate, steady growth. Most of this growth came in a single year (2023→2024), 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 $150,124. 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 13% of market value ($988,984 land vs $6,346,719 improvements), about $15/SF of land. Most value sits in the improvements, so building condition, age (~44 yrs), and rent roll drive the underwriting.
Submarket Position: At $7,335,703, this parcel sits in the top quartile (≥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 +5.9% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $9,768,280 by 2030, with an estimated annual tax burden around $184,009. 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.
1 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 1,669 SF | ✓ |
| Unit (prop_id) | Owner | Address | Market Value | Assessed Value | Taxable Value |
|---|---|---|---|---|---|
| 133803 | SMIJ PROPERTIES LLC | 3624 NORTH HILLS DR A-101 78731 | $423,868 | $423,868 | $423,868 |
| 133804 | JASON A BLACK REAL ESTATE LLC | 3624 NORTH HILLS DR A-103 78731 | $485,695 | $485,695 | $485,695 |
| 133805 | RCBD LTD | 3624 NORTH HILLS DR A-201 78731 | $459,554 | $459,554 | $459,554 |
| 133806 | RCBD LTD | 3624 NORTH HILLS DR A-205 78731 | $475,111 | $475,111 | $475,111 |
| 133808 | BARBE JOHN A & KAREN K | 3624 NORTH HILLS DR B-200 78731 | $345,104 | $345,104 | $345,104 |
| 133809 | KIRK LYNDA P & EDWARD R | 3624 NORTH HILLS DR B-202 78731 | $580,154 | $531,442 | $531,442 |
| 133811 | THE SOCIETY OF CERTIFIED | 3624 NORTH HILLS DR C-101 78731 | $403,043 | $403,043 | $403,043 |
| 133812 | SAMUELSON SCOTT A | 3624 NORTH HILLS DR C-102 78731 | $559,772 | $559,772 | $559,772 |
| 133816 | THE SOCIETY OF CERTIFIED | 3624 NORTH HILLS DR D-101 78731 | $898,377 | $898,377 | $898,377 |
| 133817 | THE SOCIETY OF CERTIFIED | 3624 NORTH HILLS DR D-201 78731 | $898,377 | $898,377 | $898,377 |
| 474546 | THE SOCIETY OF CERTIFIED | 3624 NORTH HILLS DR C-201 78731 | $718,733 | $718,733 | $718,733 |
| 474547 | THE SOCIETY OF CERTIFIED | 3624 NORTH HILLS DR C-202 78731 | $192,329 | $192,329 | $192,329 |
| 713873 | 3624 NORTH HILLS DR L L C | 3624 NORTH HILLS DR B-100 78731 | $417,796 | $417,796 | $417,796 |
| 713874 | LU DAVID DAW LONG & GRACE YEH | 3624 NORTH HILLS DR B-102 78731 | $491,275 | $491,275 | $491,275 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| 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% | $67,473.00 | $67,473.00 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $38,215.51 | $38,215.51 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $27,409.63 | $27,409.63 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $8,607.20 | $8,607.20 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $7,540.76 | $7,540.76 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $149,246.10 | $149,246.10 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $7,349,188 | $7,335,703 | +0.2% |
| Assessed Value | $7,300,476 | $7,335,703 | -0.5% |
| Land Value | $988,984 | $988,984 | +0.0% |
| Improvement Value | $6,360,204 | $6,346,719 | +0.2% |
| Taxable Value | $7,300,476 | $7,335,703 | -0.5% |
| HS Cap Loss | -$48,712 | — | |
| Total Tax 2026 = estimate |
~$149,403
Estimated
|
~$149,246
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $7,551,320 | $7,349,188 | -202,132 (-2.7%) |
| Taxable Value | $7,472,074 | $7,300,476 | -171,598 (-2.3%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $7,349,188 | $988,984 | $6,360,204 | −$48,712 | $7,300,476 | $7,300,476 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $7,335,703 | $988,984 | $6,346,719 | — | $7,335,703 | $7,335,703 | ~$149,246 | Partial |
| 2024 | $7,807,012 | — | — | −$6,818,028 | $988,984 | $— | $143,034 | Verified |
| 2023 | $6,121,680 | — | — | −$5,132,696 | $988,984 | $— | $141,248 | Verified |
| 2022 | $6,207,258 | — | — | −$5,218,274 | $988,984 | $— | $120,898 | Verified |
| 2021 | $5,833,654 | — | — | −$4,844,670 | $988,984 | $— | $135,112 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +5.4% | +5.4% | ~100% | Not available | Partial |
| 2025 | -6.1% | -6.1% | ~100% | Not available | Partial |
| 2024 | -7.2% | -7.2% | ~100% | 1.9000% | Verified |
| 2023 | +40.4% | +40.4% | ~100% | 1.7500% | Verified |
| 2022 | -46.6% | -46.6% | ~100% | 1.9600% | Verified |
| 2021 | base year | — | ~100% | 2.3200% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -34.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.2% | +5.3% | +5.9% | +27.5% | 2024 | -6.0% | 2025 |
| Assessment Ratio | 99.3% | 43.5% | — | 100.0% | 2025 | 12.7% | 2024 |
| 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 |
$149,246 | $137,908 | ~$169,995 | $149,246 | 2025 | $120,898 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$7,768,139 | ~$7,768,139 | ~2.0139% | ~$156,445 | +5.9% |
| 2027 | ~$8,226,068 | ~$8,226,068 | ~1.9814% | ~$162,990 | +12.1% |
| 2028 | ~$8,710,991 | ~$8,710,991 | ~1.9488% | ~$169,763 | +18.7% |
| 2029 | ~$9,224,500 | ~$9,224,500 | ~1.9163% | ~$176,768 | +25.7% |
| 2030 | ~$9,768,280 | ~$9,768,280 | ~1.8837% | ~$184,009 | +33.2% |
| 2026 | ~$7,621,425 | ~$7,621,425 | ~2.0465% | ~$155,971 | +3.9% |
| 2027 | ~$7,918,276 | ~$7,918,276 | ~2.0465% | ~$162,046 | +7.9% |
| 2028 | ~$8,226,690 | ~$8,226,690 | ~2.0465% | ~$168,358 | +12.1% |
| 2029 | ~$8,547,115 | ~$8,547,115 | ~2.0465% | ~$174,915 | +16.5% |
| 2030 | ~$8,880,022 | ~$8,880,022 | ~2.0465% | ~$181,728 | +21.1% |
| 2026 | ~$7,914,853 | ~$7,914,853 | ~1.9977% | ~$158,112 | +7.9% |
| 2027 | ~$8,539,727 | ~$8,539,727 | ~1.9488% | ~$166,426 | +16.4% |
| 2028 | ~$9,213,935 | ~$9,213,935 | ~1.9000% | ~$175,066 | +25.6% |
| 2029 | ~$9,941,371 | ~$9,941,371 | ~1.8512% | ~$184,034 | +35.5% |
| 2030 | ~$10,726,238 | ~$10,726,238 | ~1.8024% | ~$193,327 | +46.2% |
In 2025, this property's market value of $7,335,703 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 5× 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 | $7,335,703 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $7,807,012 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $6,121,680 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $6,207,258 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $5,833,654 | $517,750 | $1,142,600 | $2,780,453 | ↑ Top 25% | 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.