4005 SPICEWOOD SPRINGS RD C-200 TX 78759
| Owner | P3-PEPPARD PROFESSIONAL PARTNERSHIP LTD |
|---|---|
| Parcel ID | 0142012008 |
| Short ID | 754995 |
| Type | Real |
| Use Code | 23 Small Office Condo |
| Valuation | Income |
| Improvement SF | 1,926 SF |
| Land SF | 7,444 SF |
| Acres | 0.171 |
| Year Built | 1984 |
| Legal | UNT C-200 WEST CREEK OFFICE PARK CONDOMINIUMS PLUS 16.97 % INT IN COM AREA |
| Neighborhood | 23NW05 |
| Land | $260,540 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $260,540 |
| Improvement | $452,882 |
|---|---|
| Total Improvement | $452,882 |
| Market | $713,422 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $713,422 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $713,422 |
| Taxable Value | $713,422 |
|---|
Appreciation: Market value has risen +70.7% from $417,840 (2021) to $713,422 (2025), a CAGR of 14.3% 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 $14,600. 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 37% of market value ($260,540 land vs $452,882 improvements), about $35/SF of land. Most value sits in the improvements, so building condition, age (~42 yrs), and rent roll drive the underwriting.
Submarket Position: At $713,422, 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 +14.3% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,392,410 by 2030, with an estimated annual tax burden around $21,644. 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 | 1,926 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% | $6,600.58 | $6,600.58 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $3,738.45 | $3,738.45 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,681.36 | $2,681.36 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $842.00 | $842.00 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $737.68 | $737.68 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $14,600.07 | $14,600.07 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $741,963 | $713,422 | +4.0% |
| Assessed Value | $741,963 | $713,422 | +4.0% |
| Land Value | $260,540 | $260,540 | +0.0% |
| Improvement Value | $481,423 | $452,882 | +6.3% |
| Taxable Value | $741,963 | $713,422 | +4.0% |
| Total Tax 2026 = estimate |
~$15,184
Estimated
|
~$14,600
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $741,963 | $741,963 | +0 (+0.0%) |
| Taxable Value | $741,963 | $741,963 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $741,963 | $260,540 | $481,423 | — | $741,963 | $741,963 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $713,422 | $260,540 | $452,882 | — | $713,422 | $713,422 | ~$14,600 | Partial |
| 2024 | $558,975 | — | — | −$298,435 | $260,540 | $— | $13,293 | Verified |
| 2023 | $447,200 | — | — | −$186,660 | $260,540 | $— | $10,113 | Verified |
| 2022 | $418,000 | — | — | −$157,460 | $260,540 | $— | $8,832 | Verified |
| 2021 | $417,840 | — | — | −$194,520 | $223,320 | $— | $9,099 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +4.0% | +4.0% | ~100% | Not available | Partial |
| 2025 | +2.6% | +6.4% | ~100% | Not available | Partial |
| 2024 | +13.2% | +9.2% | 96.5% | 1.9100% | Verified |
| 2023 | +37.4% | +37.4% | ~100% | 1.6500% | Verified |
| 2022 | +7.0% | +7.0% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +70.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +4.0% | +12.7% | +13.4% | +27.6% | 2025 | +0.0% | 2022 |
| Assessment Ratio | 100.0% | 70.1% | — | 100.0% | 2025 | 46.6% | 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 |
$14,600 | $11,187 | ~$18,615 | $14,600 | 2025 | $8,832 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$815,512 | ~$784,764 | ~2.0139% | ~$15,805 | +14.3% |
| 2027 | ~$932,212 | ~$863,241 | ~1.9814% | ~$17,104 | +30.7% |
| 2028 | ~$1,065,611 | ~$949,565 | ~1.9488% | ~$18,505 | +49.4% |
| 2029 | ~$1,218,100 | ~$1,044,521 | ~1.9163% | ~$20,016 | +70.7% |
| 2030 | ~$1,392,410 | ~$1,148,973 | ~1.8837% | ~$21,644 | +95.2% |
| 2026 | ~$801,244 | ~$784,764 | ~2.0465% | ~$16,060 | +12.3% |
| 2027 | ~$899,877 | ~$863,241 | ~2.0465% | ~$17,666 | +26.1% |
| 2028 | ~$1,010,652 | ~$949,565 | ~2.0465% | ~$19,433 | +41.7% |
| 2029 | ~$1,135,063 | ~$1,044,521 | ~2.0465% | ~$21,376 | +59.1% |
| 2030 | ~$1,274,788 | ~$1,148,973 | ~2.0465% | ~$23,514 | +78.7% |
| 2026 | ~$829,781 | ~$784,764 | ~1.9977% | ~$15,677 | +16.3% |
| 2027 | ~$965,118 | ~$863,241 | ~1.9488% | ~$16,823 | +35.3% |
| 2028 | ~$1,122,528 | ~$949,565 | ~1.9000% | ~$18,042 | +57.3% |
| 2029 | ~$1,305,613 | ~$1,044,521 | ~1.8512% | ~$19,336 | +83.0% |
| 2030 | ~$1,518,558 | ~$1,148,973 | ~1.8024% | ~$20,709 | +112.9% |
In 2025, this property's market value of $713,422 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -50% 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 | $713,422 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $558,975 | $661,016 | $1,438,465 | $3,471,171 | ↓ Bottom 25% | +0.0% |
| 2023 | $447,200 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $418,000 | $553,066 | $1,215,730 | $2,939,150 | ↓ Bottom 25% | +3.3% |
| 2021 | $417,840 | $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.