4005 SPICEWOOD SPRINGS RD C-300 TX 78759
| Owner | P3-PEPPARD PROFESSIONAL PARTNERSHIP LTD |
|---|---|
| Parcel ID | 0142012009 |
| Short ID | 754996 |
| Type | Real |
| Use Code | 23 Small Office Condo |
| Valuation | Income |
| Improvement SF | 2,056 SF |
| Land SF | 7,953 SF |
| Acres | 0.183 |
| Year Built | 1984 |
| Legal | UNT C-300 WEST CREEK OFFICE PARK CONDOMINIUMS PLUS 18.13 % INT IN COM AREA |
| Neighborhood | 23NW05 |
| Land | $278,355 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $278,355 |
| Improvement | $491,222 |
|---|---|
| Total Improvement | $491,222 |
| Market | $769,577 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $769,577 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $769,577 |
| Taxable Value | $769,577 |
|---|
Appreciation: Market value has risen +73.3% from $444,096 (2021) to $769,577 (2025), a CAGR of 14.7% 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 $15,749. 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 36% of market value ($278,355 land vs $491,222 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 $769,577, 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 +14.7% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,530,105 by 2030, with an estimated annual tax burden around $23,347. 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 | 2,056 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% | $7,120.13 | $7,120.13 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $4,032.71 | $4,032.71 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,892.42 | $2,892.42 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $908.28 | $908.28 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $795.74 | $795.74 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $15,749.28 | $15,749.28 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $819,322 | $769,577 | +6.5% |
| Assessed Value | $819,322 | $769,577 | +6.5% |
| Land Value | $278,355 | $278,355 | +0.0% |
| Improvement Value | $540,967 | $491,222 | +10.1% |
| Taxable Value | $819,322 | $769,577 | +6.5% |
| Total Tax 2026 = estimate |
~$16,767
Estimated
|
~$15,749
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $819,322 | $819,322 | +0 (+0.0%) |
| Taxable Value | $819,322 | $819,322 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $819,322 | $278,355 | $540,967 | — | $819,322 | $819,322 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $769,577 | $278,355 | $491,222 | — | $769,577 | $769,577 | ~$15,749 | Partial |
| 2024 | $614,997 | — | — | −$336,642 | $278,355 | $— | $14,626 | Verified |
| 2023 | $491,100 | — | — | −$212,745 | $278,355 | $— | $11,127 | Verified |
| 2022 | $459,000 | — | — | −$180,645 | $278,355 | $— | $9,699 | Verified |
| 2021 | $444,096 | — | — | −$205,506 | $238,590 | $— | $9,991 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +6.5% | +6.5% | ~100% | Not available | Partial |
| 2025 | +2.5% | +4.3% | ~100% | Not available | Partial |
| 2024 | +11.0% | +9.2% | 98.3% | 1.9500% | Verified |
| 2023 | +37.6% | +37.6% | ~100% | 1.6500% | Verified |
| 2022 | +7.0% | +7.0% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.2500% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +67.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +6.5% | +13.4% | +13.3% | +25.2% | 2024 | +3.4% | 2022 |
| Assessment Ratio | 100.0% | 69.4% | — | 100.0% | 2025 | 45.3% | 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 |
$15,749 | $12,238 | ~$20,080 | $15,749 | 2025 | $9,699 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$882,970 | ~$846,535 | ~2.0139% | ~$17,049 | +14.7% |
| 2027 | ~$1,013,071 | ~$931,188 | ~1.9814% | ~$18,450 | +31.6% |
| 2028 | ~$1,162,341 | ~$1,024,307 | ~1.9488% | ~$19,962 | +51.0% |
| 2029 | ~$1,333,605 | ~$1,126,738 | ~1.9163% | ~$21,592 | +73.3% |
| 2030 | ~$1,530,105 | ~$1,239,411 | ~1.8837% | ~$23,347 | +98.8% |
| 2026 | ~$867,578 | ~$846,535 | ~2.0465% | ~$17,324 | +12.7% |
| 2027 | ~$978,060 | ~$931,188 | ~2.0465% | ~$19,057 | +27.1% |
| 2028 | ~$1,102,610 | ~$1,024,307 | ~2.0465% | ~$20,962 | +43.3% |
| 2029 | ~$1,243,021 | ~$1,126,738 | ~2.0465% | ~$23,059 | +61.5% |
| 2030 | ~$1,401,313 | ~$1,239,411 | ~2.0465% | ~$25,364 | +82.1% |
| 2026 | ~$898,361 | ~$846,535 | ~1.9977% | ~$16,911 | +16.7% |
| 2027 | ~$1,048,697 | ~$931,188 | ~1.9488% | ~$18,147 | +36.3% |
| 2028 | ~$1,224,191 | ~$1,024,307 | ~1.9000% | ~$19,462 | +59.1% |
| 2029 | ~$1,429,052 | ~$1,126,738 | ~1.8512% | ~$20,858 | +85.7% |
| 2030 | ~$1,668,196 | ~$1,239,411 | ~1.8024% | ~$22,339 | +116.8% |
In 2025, this property's market value of $769,577 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -46% 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 | $769,577 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $614,997 | $661,016 | $1,438,465 | $3,471,171 | ↓ Bottom 25% | +0.0% |
| 2023 | $491,100 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $459,000 | $553,066 | $1,215,730 | $2,939,150 | ↓ Bottom 25% | +3.3% |
| 2021 | $444,096 | $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.