3834 SPICEWOOD SPRINGS RD 205 TX 78759
| Owner | 3834 PARTNERS LTD |
|---|---|
| Parcel ID | 0142011907 |
| Short ID | 583792 |
| Type | Real |
| Use Code | 26 Large Office Condo |
| Valuation | Income |
| Improvement SF | 2,527 SF |
| Land SF | 4,910 SF |
| Acres | 0.113 |
| Year Built | 1973 |
| Legal | UNT 205 3834 SPICEWOOD OFFICE CONDOMINIUMS PLUS 12.70% INT IN COM AREA |
| Neighborhood | 23NW05 |
| Land | $147,306 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $147,306 |
| Improvement | $835,232 |
|---|---|
| Total Improvement | $835,232 |
| Market | $982,538 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $982,538 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $982,538 |
| Taxable Value | $982,538 |
|---|
Appreciation: Market value has risen +108.3% from $471,775 (2021) to $982,538 (2025), a CAGR of 20.1% 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 $20,107. 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 ($147,306 land vs $835,232 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 $982,538, 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 +20.1% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,458,201 by 2030, with an estimated annual tax burden around $29,808. 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 | 2,527 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% | $9,090.44 | $9,090.44 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $5,148.67 | $5,148.67 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,692.82 | $3,692.82 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,159.62 | $1,159.62 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,015.94 | $1,015.94 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $20,107.49 | $20,107.49 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $930,217 | $982,538 | -5.3% |
| Assessed Value | $930,217 | $982,538 | -5.3% |
| Land Value | $147,306 | $147,306 | +0.0% |
| Improvement Value | $782,911 | $835,232 | -6.3% |
| Taxable Value | $930,217 | $982,538 | -5.3% |
| Total Tax 2026 = estimate |
~$19,037
Estimated
|
~$20,107
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $930,217 | $930,217 | +0 (+0.0%) |
| Taxable Value | $930,217 | $930,217 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $930,217 | $147,306 | $782,911 | — | $930,217 | $930,217 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $982,538 | $147,306 | $835,232 | — | $982,538 | $982,538 | ~$20,107 | Partial |
| 2024 | $719,823 | — | — | −$572,517 | $147,306 | $— | $17,119 | Verified |
| 2023 | $571,880 | — | — | −$424,574 | $147,306 | $— | $13,023 | Verified |
| 2022 | $592,394 | — | — | −$445,088 | $147,306 | $— | $11,294 | Verified |
| 2021 | $471,775 | — | — | −$299,918 | $171,857 | $— | $12,895 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -5.3% | -5.3% | ~100% | Not available | Partial |
| 2025 | +3.2% | +13.7% | ~100% | Not available | Partial |
| 2024 | +32.3% | +20.0% | 90.7% | 1.8000% | Verified |
| 2023 | +25.9% | +25.9% | ~100% | 1.8100% | Verified |
| 2022 | -3.5% | -3.5% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.7300% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +65.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -5.3% | +15.8% | +21.5% | +36.5% | 2025 | -5.3% | 2026 |
| Assessment Ratio | 100.0% | 51.3% | — | 100.0% | 2025 | 20.5% | 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 |
$20,107 | $14,888 | ~$25,636 | $20,107 | 2025 | $11,294 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,180,329 | ~$1,080,792 | ~2.0139% | ~$21,766 | +20.1% |
| 2027 | ~$1,417,936 | ~$1,188,871 | ~1.9814% | ~$23,556 | +44.3% |
| 2028 | ~$1,703,375 | ~$1,307,758 | ~1.9488% | ~$25,486 | +73.4% |
| 2029 | ~$2,046,274 | ~$1,438,534 | ~1.9163% | ~$27,566 | +108.3% |
| 2030 | ~$2,458,201 | ~$1,582,387 | ~1.8837% | ~$29,808 | +150.2% |
| 2026 | ~$1,160,678 | ~$1,080,792 | ~2.0465% | ~$22,118 | +18.1% |
| 2027 | ~$1,371,116 | ~$1,188,871 | ~2.0465% | ~$24,330 | +39.5% |
| 2028 | ~$1,619,707 | ~$1,307,758 | ~2.0465% | ~$26,763 | +64.8% |
| 2029 | ~$1,913,369 | ~$1,438,534 | ~2.0465% | ~$29,439 | +94.7% |
| 2030 | ~$2,260,275 | ~$1,582,387 | ~2.0465% | ~$32,383 | +130.0% |
| 2026 | ~$1,199,979 | ~$1,080,792 | ~1.9977% | ~$21,591 | +22.1% |
| 2027 | ~$1,465,542 | ~$1,188,871 | ~1.9488% | ~$23,169 | +49.2% |
| 2028 | ~$1,789,875 | ~$1,307,758 | ~1.9000% | ~$24,848 | +82.2% |
| 2029 | ~$2,185,985 | ~$1,438,534 | ~1.8512% | ~$26,630 | +122.5% |
| 2030 | ~$2,669,756 | ~$1,582,387 | ~1.8024% | ~$28,520 | +171.7% |
In 2025, this property's market value of $982,538 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -31% 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 | $982,538 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $719,823 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $571,880 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $592,394 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $471,775 | $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.