3834 SPICEWOOD SPRINGS RD 204 TX 78759
| Owner | 3834 PARTNERS LTD |
|---|---|
| Parcel ID | 0142011906 |
| Short ID | 583791 |
| Type | Real |
| Use Code | 26 Large Office Condo |
| Valuation | Income |
| Improvement SF | 1,877 SF |
| Land SF | 3,646 SF |
| Acres | 0.084 |
| Year Built | 1973 |
| Legal | UNT 204 3834 SPICEWOOD OFFICE CONDOMINIUMS PLUS 9.43% INT IN COM AREA |
| Neighborhood | 23NW05 |
| Land | $109,378 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $109,378 |
| Improvement | $638,127 |
|---|---|
| Total Improvement | $638,127 |
| Market | $747,505 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $747,505 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $747,505 |
| Taxable Value | $747,505 |
|---|
Appreciation: Market value has risen +109.5% from $356,814 (2021) to $747,505 (2025), a CAGR of 20.3% over 4 years. This is strong appreciation — well above typical inflation. 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 +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 $15,298. 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 15% of market value ($109,378 land vs $638,127 improvements), about $30/SF of land. Most value sits in the improvements, so building condition, age (~53 yrs), and rent roll drive the underwriting.
Submarket Position: At $747,505, this parcel sits in the lower-middle (25th–50th 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 +20.3% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,883,993 by 2030, with an estimated annual tax burden around $22,678. 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 | 1,877 SF | ✓ |
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% | $6,915.92 | $6,915.92 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $3,917.05 | $3,917.05 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,809.46 | $2,809.46 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $882.23 | $882.23 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $772.92 | $772.92 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $15,297.58 | $15,297.58 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $707,528 | $747,505 | -5.3% |
| Assessed Value | $707,528 | $747,505 | -5.3% |
| Land Value | $109,378 | $109,378 | +0.0% |
| Improvement Value | $598,150 | $638,127 | -6.3% |
| Taxable Value | $707,528 | $747,505 | -5.3% |
| Total Tax 2026 = estimate |
~$14,479
Estimated
|
~$15,298
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $707,528 | $707,528 | +0 (+0.0%) |
| Taxable Value | $707,528 | $707,528 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $707,528 | $109,378 | $598,150 | — | $707,528 | $707,528 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $747,505 | $109,378 | $638,127 | — | $747,505 | $747,505 | ~$15,298 | Partial |
| 2024 | $546,794 | — | — | −$437,416 | $109,378 | $— | $13,004 | Verified |
| 2023 | $433,752 | — | — | −$324,374 | $109,378 | $— | $9,893 | Verified |
| 2022 | $448,982 | — | — | −$339,604 | $109,378 | $— | $8,566 | Verified |
| 2021 | $356,814 | — | — | −$229,207 | $127,607 | $— | $9,773 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -5.3% | -5.3% | ~100% | Not available | Partial |
| 2025 | +3.2% | +13.9% | ~100% | Not available | Partial |
| 2024 | +32.5% | +20.0% | 90.6% | 1.8000% | Verified |
| 2023 | +26.1% | +26.1% | ~100% | 1.8100% | Verified |
| 2022 | -3.4% | -3.4% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.7400% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +66.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -5.3% | +16.0% | +21.7% | +36.7% | 2025 | -5.3% | 2026 |
| Assessment Ratio | 100.0% | 50.9% | — | 100.0% | 2025 | 20.0% | 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 |
$15,298 | $11,307 | ~$19,504 | $15,298 | 2025 | $8,566 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$899,305 | ~$822,256 | ~2.0139% | ~$16,560 | +20.3% |
| 2027 | ~$1,081,933 | ~$904,481 | ~1.9814% | ~$17,921 | +44.7% |
| 2028 | ~$1,301,647 | ~$994,929 | ~1.9488% | ~$19,390 | +74.1% |
| 2029 | ~$1,565,980 | ~$1,094,422 | ~1.9163% | ~$20,972 | +109.5% |
| 2030 | ~$1,883,993 | ~$1,203,864 | ~1.8837% | ~$22,678 | +152.0% |
| 2026 | ~$884,355 | ~$822,256 | ~2.0465% | ~$16,827 | +18.3% |
| 2027 | ~$1,046,259 | ~$904,481 | ~2.0465% | ~$18,510 | +40.0% |
| 2028 | ~$1,237,804 | ~$994,929 | ~2.0465% | ~$20,361 | +65.6% |
| 2029 | ~$1,464,417 | ~$1,094,422 | ~2.0465% | ~$22,397 | +95.9% |
| 2030 | ~$1,732,516 | ~$1,203,864 | ~2.0465% | ~$24,637 | +131.8% |
| 2026 | ~$914,255 | ~$822,256 | ~1.9977% | ~$16,426 | +22.3% |
| 2027 | ~$1,118,204 | ~$904,481 | ~1.9488% | ~$17,627 | +49.6% |
| 2028 | ~$1,367,648 | ~$994,929 | ~1.9000% | ~$18,904 | +83.0% |
| 2029 | ~$1,672,738 | ~$1,094,422 | ~1.8512% | ~$20,260 | +123.8% |
| 2030 | ~$2,045,885 | ~$1,203,864 | ~1.8024% | ~$21,698 | +173.7% |
In 2025, this property's market value of $747,505 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -47% below 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 | $747,505 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $546,794 | $661,016 | $1,438,465 | $3,471,171 | ↓ Bottom 25% | +0.0% |
| 2023 | $433,752 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $448,982 | $553,066 | $1,215,730 | $2,939,150 | ↓ Bottom 25% | +3.3% |
| 2021 | $356,814 | $517,750 | $1,142,600 | $2,780,453 | ↓ Bottom 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.