3921 STECK AVE 1 78759
| Owner | EXTRAORDINARY VISION MANAGEMENT SERIES LLC |
|---|---|
| Parcel ID | 0144010639 |
| Short ID | 438952 |
| Type | Real |
| Use Code | 26 Large Office Condo |
| Valuation | Income |
| Improvement SF | 4,846 SF |
| Land SF | 169,883 SF |
| Acres | 3.900 |
| Year Built | 1980 |
| Legal | UNT 1 ONE STECK PLAZA OFFICE CONDOMINIUMS PLUS 16.3% INTEREST IN COMMON AREA |
| Neighborhood | NC3 |
| Land | $3,397,681 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $3,397,681 |
| Improvement | $7,467,981 |
|---|---|
| Total Improvement | $7,467,981 |
| Market | $10,865,662 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $10,865,662 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $10,865,662 |
| Taxable Value | $10,865,662 |
|---|
Appreciation: Market value has risen +15.0% from $9,445,066 (2021) to $10,865,662 (2025), a CAGR of 3.6% over 4 years. Growth has been relatively flat for this asset class. 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 lagged 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 $222,364. 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 31% of market value ($3,397,681 land vs $7,467,981 improvements), about $20/SF of land. Most value sits in the improvements, so building condition, age (~46 yrs), and rent roll drive the underwriting.
Submarket Position: At $10,865,662, 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 +3.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $12,945,540 by 2030, with an estimated annual tax burden around $243,861. 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.
6 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| SO | Sketch Only | 44,352 SF | ✗ |
| 551 | PAVED AREA | 6,507 SF | ✗ |
| 1ST | 1st Floor | 4,846 SF | ✓ |
| 501 | CANOPY | 1,442 SF | ✗ |
| 581 | STORAGE ATT | 7 SF | ✓ |
| 482 | LIGHT POLES | — SF | ✓ |
| Unit (prop_id) | Owner | Address | Market Value | Assessed Value | Taxable Value |
|---|---|---|---|---|---|
| 438952 | ONE STECK PLAZA LTD | 3921 STECK AVE 1 78759 | $1,605,851 | $1,605,851 | $1,605,851 |
| 438953 | ONE STECK PLAZA LTD | 3921 STECK AVE 2 78759 | $2,449,871 | $2,336,945 | $2,336,945 |
| 438954 | HEATON TED H III & NANCY K | 3921 STECK AVE 3 78759 | $1,955,214 | $1,955,214 | $1,955,214 |
| 438955 | HOLZMUELLER ROBERT & MARIA | 3921 STECK AVE 4 78759 | — | — | — |
| 438956 | EXTRAORDINARY VISION MANAGEMENT SERIES LLC | 3921 STECK AVE 5 78759 | — | — | — |
| 438957 | 3921 STECK AVE LLC | 3921 STECK AVE 6 78759 | $1,550,000 | $1,550,000 | $1,550,000 |
| 973818 | SHUBHAPUSHPA LLC | 3921 STECK AVE A100 78759 | $540,353 | $520,064 | $520,064 |
| 973819 | SHUBHAPUSHPA LLC | 3921 STECK AVE A110 78759 | $501,136 | $482,320 | $482,320 |
| 973820 | SHUBHAPUSHPA LLC | 3921 STECK AVE A114 78759 | $561,663 | $541,448 | $541,448 |
| 973821 | NORWOOD REALTY INVESTMENTS LLC | 3921 STECK AVE A120 78759 | $777,585 | $750,772 | $750,772 |
| 1001598 | NORWOOD REALTY INVESTMENTS LLC | — | $711,244 | $711,244 | $711,244 |
| 1001599 | EXTRAORDINARY VISION MANAGEMENT SERIES LLC | — | $1,478,000 | $1,478,000 | $1,478,000 |
Market value changed by 106% in 2025, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| 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% | $100,529.10 | $100,529.10 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $56,937.92 | $56,937.92 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $40,838.06 | $40,838.06 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $12,823.98 | $12,823.98 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $11,235.09 | $11,235.09 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $222,364.15 | $222,364.15 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $12,130,917 | $10,865,662 | +11.6% |
| Assessed Value | $11,931,858 | $10,865,662 | +9.8% |
| Land Value | $3,397,681 | $3,397,681 | +0.0% |
| Improvement Value | $8,733,236 | $7,467,981 | +16.9% |
| Taxable Value | $11,931,858 | $10,865,662 | +9.8% |
| HS Cap Loss | -$199,059 | — | |
| Total Tax 2026 = estimate |
~$244,184
Estimated
|
~$222,364
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $13,765,653 | $12,130,917 | -1,634,736 (-11.9%) |
| Taxable Value | $12,870,289 | $11,931,858 | -938,431 (-7.3%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $12,130,917 | $3,397,681 | $8,733,236 | −$199,059 | $11,931,858 | $11,931,858 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $10,865,662 | $3,397,681 | $7,467,981 | — | $10,865,662 | $10,865,662 | ~$222,364 | Partial |
| 2024 | $11,121,165 | — | — | −$7,723,484 | $3,397,681 | $— | $223,633 | Verified |
| 2023 | $9,108,996 | — | — | −$5,711,315 | $3,397,681 | $— | $201,209 | Verified |
| 2022 | $10,714,024 | — | — | −$7,316,343 | $3,397,681 | $— | $216,031 | Verified |
| 2021 | $9,445,066 | — | — | −$6,047,385 | $3,397,681 | $— | $233,210 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +8.0% | +8.0% | ~100% | Not available | Partial |
| 2025 | +105.7% ! | +105.7% | ~100% | Not available | Partial |
| 2024 | +1.0% | +1.0% | ~100% | 1.9000% | Verified |
| 2023 | -63.8% | -63.8% | ~100% | 1.8100% | Verified |
| 2022 | -8.7% | -8.7% | ~100% | 1.9600% | Verified |
| 2021 | base year | — | ~100% | 2.4700% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -31.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +11.6% | +6.0% | +1.4% | +22.1% | 2024 | -15.0% | 2023 |
| Assessment Ratio | 98.4% | 55.7% | — | 100.0% | 2025 | 30.6% | 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 |
$222,364 | $219,289 | ~$235,232 | $233,210 | 2021 | $201,209 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$11,253,017 | ~$11,253,017 | ~2.0139% | ~$226,629 | +3.6% |
| 2027 | ~$11,654,182 | ~$11,654,182 | ~1.9814% | ~$230,915 | +7.3% |
| 2028 | ~$12,069,648 | ~$12,069,648 | ~1.9488% | ~$235,218 | +11.1% |
| 2029 | ~$12,499,924 | ~$12,499,924 | ~1.9163% | ~$239,535 | +15.0% |
| 2030 | ~$12,945,540 | ~$12,945,540 | ~1.8837% | ~$243,861 | +19.1% |
| 2026 | ~$11,035,704 | ~$11,035,704 | ~2.0465% | ~$225,844 | +1.6% |
| 2027 | ~$11,208,407 | ~$11,208,407 | ~2.0465% | ~$229,378 | +3.2% |
| 2028 | ~$11,383,813 | ~$11,383,813 | ~2.0465% | ~$232,968 | +4.8% |
| 2029 | ~$11,561,964 | ~$11,561,964 | ~2.0465% | ~$236,614 | +6.4% |
| 2030 | ~$11,742,903 | ~$11,742,903 | ~2.0465% | ~$240,317 | +8.1% |
| 2026 | ~$11,470,331 | ~$11,470,331 | ~1.9977% | ~$229,138 | +5.6% |
| 2027 | ~$12,108,649 | ~$12,108,649 | ~1.9488% | ~$235,978 | +11.4% |
| 2028 | ~$12,782,489 | ~$12,782,489 | ~1.9000% | ~$242,869 | +17.6% |
| 2029 | ~$13,493,828 | ~$13,493,828 | ~1.8512% | ~$249,797 | +24.2% |
| 2030 | ~$14,244,753 | ~$14,244,753 | ~1.8024% | ~$256,743 | +31.1% |
In 2025, this property's market value of $10,865,662 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 8× 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 | $10,865,662 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $11,121,165 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $9,108,996 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $10,714,024 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $9,445,066 | $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.