4412 SPICEWOOD SPRINGS RD L-605 TX 78759
| Owner | SBC METRO LLC |
|---|---|
| Parcel ID | 0145030605 |
| Short ID | 496119 |
| Type | Real |
| Use Code | 23 Small Office Condo |
| Valuation | Income |
| Improvement SF | 2,883 SF |
| Land SF | 116,209 SF |
| Acres | 2.668 |
| Year Built | 1982 |
| Legal | UNT 605 BLD L SPICEWOOD BUSINESS CENTER A CONDOMINIUM AMENDED PLUS 5.600% INTEREST IN COMMON AREA |
| Neighborhood | 23NW03 |
| Land | $3,486,270 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $3,486,270 |
| Improvement | $5,528,360 |
|---|---|
| Total Improvement | $5,528,360 |
| Market | $9,014,630 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $9,014,630 |
| Value Limitation Adjustment (−) (homestead cap) | −$7,343 |
| Net Appraised (assessed) | $9,007,287 |
| Taxable Value | $9,007,287 |
|---|
Appreciation: Market value has risen +25.9% from $7,162,187 (2021) to $9,014,630 (2025), a CAGR of 5.9% over 4 years. This represents moderate, steady growth. 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 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 $184,333. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Assessment Gap: Assessed value ($9,007,287) is $7,343 below market value, suggesting potential for an upward assessment in future years.
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 39% of market value ($3,486,270 land vs $5,528,360 improvements), about $30/SF of land. Most value sits in the improvements, so building condition, age (~44 yrs), and rent roll drive the underwriting.
Submarket Position: At $9,014,630, 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 +5.9% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $12,017,821 by 2030, with an estimated annual tax burden around $226,385. 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 |
|---|---|---|---|
| 2ND | 2nd Floor | 2,883 SF | ✓ |
| Unit (prop_id) | Owner | Address | Market Value | Assessed Value | Taxable Value |
|---|---|---|---|---|---|
| 496119 | SBC METRO LLC | 4412 SPICEWOOD SPRINGS RD A-700 78759 | $199,447 | $199,447 | $199,447 |
| 496120 | SBC METRO LLC | 4412 SPICEWOOD SPRINGS RD A-701 78759 | $122,585 | $122,585 | $122,585 |
| 496121 | SBC METRO LLC | 4412 SPICEWOOD SPRINGS RD A-702 78759 | $122,585 | $122,585 | $122,585 |
| 496122 | SBC METRO LLC | 4412 SPICEWOOD SPRINGS RD A-703 78759 | $239,438 | $239,438 | $239,438 |
| 496123 | SBC METRO LLC | 4412 SPICEWOOD SPRINGS RD A-704 78759 | $402,560 | $402,560 | $402,560 |
| 496124 | SBC METRO LLC | 4412 SPICEWOOD SPRINGS RD A-705 78759 | $197,891 | $197,891 | $197,891 |
| 496125 | SBC METRO LLC | 4412 SPICEWOOD SPRINGS RD A-706 78759 | $176,066 | $176,066 | $176,066 |
| 496126 | SBC METRO LLC | 4412 SPICEWOOD SPRINGS RD D-500 78759 | $196,909 | $196,909 | $196,909 |
| 496127 | SBC METRO LLC | 4412 SPICEWOOD SPRINGS RD D-501 78759 | $196,909 | $196,909 | $196,909 |
| 496128 | SBC METRO LLC | 4412 SPICEWOOD SPRINGS RD E-100 78759 | $340,834 | $340,834 | $340,834 |
| 496129 | SBC METRO LLC | 4412 SPICEWOOD SPRINGS RD E-104 78759 | $179,626 | $179,626 | $179,626 |
| 496130 | SBC METRO LLC | 4412 SPICEWOOD SPRINGS RD E-106 78759 | $174,511 | $174,511 | $174,511 |
| 496131 | SBC METRO LLC | 4412 SPICEWOOD SPRINGS RD E-108 78759 | $168,596 | $168,596 | $168,596 |
| 496132 | SBC METRO LLC | 4412 SPICEWOOD SPRINGS RD F1001 78759 | $107,259 | $107,259 | $107,259 |
| 496133 | SBC METRO LLC | 4412 SPICEWOOD SPRINGS RD F1002 78759 | $96,548 | $96,548 | $96,548 |
| 496134 | SBC METRO LLC | 4412 SPICEWOOD SPRINGS RD F1003 78759 | $96,224 | $96,224 | $96,224 |
| 496135 | SBC METRO LLC | 4412 SPICEWOOD SPRINGS RD F1004 78759 | $97,929 | $97,929 | $97,929 |
| 496136 | SBC METRO LLC | 4412 SPICEWOOD SPRINGS RD F1005 78759 | $96,900 | $96,900 | $96,900 |
| 496137 | SBC METRO LLC | 4412 SPICEWOOD SPRINGS RD F1006 78759 | $94,989 | $94,989 | $94,989 |
| 496138 | SBC METRO LLC | 4412 SPICEWOOD SPRINGS RD F1007 78759 | $96,900 | $96,900 | $96,900 |
| 496139 | SBC METRO LLC | 4412 SPICEWOOD SPRINGS RD F1008 78759 | $107,964 | $107,964 | $107,964 |
| 496140 | SBC METRO LLC | 4412 SPICEWOOD SPRINGS RD G-200 78759 | $390,089 | $390,089 | $390,089 |
| 496141 | SBC METRO LLC | 4412 SPICEWOOD SPRINGS RD G-201 78759 | $204,552 | $204,552 | $204,552 |
| 496142 | SBC METRO LLC | 4412 SPICEWOOD SPRINGS RD G-202 78759 | $206,257 | $206,257 | $206,257 |
| 496143 | SBC METRO LLC | 4412 SPICEWOOD SPRINGS RD H-800 78759 | $771,572 | $771,572 | $771,572 |
| 496144 | SBC METRO LLC | 4412 SPICEWOOD SPRINGS RD H-801 78759 | $771,572 | $771,572 | $771,572 |
| 496145 | SBC METRO LLC | 4412 SPICEWOOD SPRINGS RD J-400 78759 | $89,047 | $89,047 | $89,047 |
| 496146 | SBC METRO LLC | 4412 SPICEWOOD SPRINGS RD J-401 78759 | $88,900 | $88,900 | $88,900 |
| 496147 | SBC METRO LLC | 4412 SPICEWOOD SPRINGS RD J-402 78759 | $93,798 | $93,798 | $93,798 |
| 496148 | SBC METRO LLC | 4412 SPICEWOOD SPRINGS RD K-300 78759 | $87,161 | $87,161 | $87,161 |
| 496149 | SBC METRO LLC | 4412 SPICEWOOD SPRINGS RD K-301 78759 | $87,073 | $87,073 | $87,073 |
| 496150 | SBC METRO LLC | 4412 SPICEWOOD SPRINGS RD L-600 78759 | $306,031 | $306,031 | $306,031 |
| 496151 | SBC METRO LLC | 4412 SPICEWOOD SPRINGS RD L-601 78759 | $666,999 | $666,999 | $666,999 |
| 496152 | SBC METRO LLC | 4412 SPICEWOOD SPRINGS RD L-602 78759 | $265,143 | $265,143 | $265,143 |
| 496153 | SBC METRO LLC | 4412 SPICEWOOD SPRINGS RD L-603 78759 | $341,523 | $341,523 | $341,523 |
| 496154 | SBC METRO LLC | 4412 SPICEWOOD SPRINGS RD L-604 78759 | $916,550 | $916,550 | $916,550 |
| 496155 | SBC METRO LLC | 4412 SPICEWOOD SPRINGS RD L-605 78759 | $520,025 | $520,025 | $520,025 |
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% | $83,335.40 | $83,335.40 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $47,199.70 | $47,199.70 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $33,853.43 | $33,853.43 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $10,630.64 | $10,630.64 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $9,313.56 | $9,313.56 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $184,332.73 | $184,332.73 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $9,318,962 | $9,014,630 | +3.4% |
| Assessed Value | $9,318,962 | $9,007,287 | +3.5% |
| Land Value | $3,486,270 | $3,486,270 | +0.0% |
| Improvement Value | $5,832,692 | $5,528,360 | +5.5% |
| Taxable Value | $9,318,962 | $9,007,287 | +3.5% |
| Total Tax 2026 = estimate |
~$190,711
Estimated
|
~$184,333
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $9,318,962 | $9,318,962 | +0 (+0.0%) |
| Taxable Value | $9,318,962 | $9,318,962 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $9,318,962 | $3,486,270 | $5,832,692 | — | $9,318,962 | $9,318,962 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $9,014,630 | $3,486,270 | $5,528,360 | −$7,343 | $9,007,287 | $9,007,287 | ~$184,333 | Partial |
| 2024 | $9,355,692 | — | — | −$5,869,422 | $3,486,270 | $— | $159,271 | Verified |
| 2023 | $7,361,698 | — | — | −$3,875,428 | $3,486,270 | $— | $169,268 | Verified |
| 2022 | $7,361,698 | — | — | −$3,875,428 | $3,486,270 | $— | $145,388 | Verified |
| 2021 | $7,162,187 | — | — | −$3,675,917 | $3,486,270 | $— | $160,241 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +3.2% | +3.2% | ~100% | Not available | Partial |
| 2025 | -29.5% | -19.6% | ~100% | Not available | Partial |
| 2024 | +24.8% | +9.4% | 87.7% | 1.2400% | Verified |
| 2023 | +41.4% | +41.4% | ~100% | 1.6600% | Verified |
| 2022 | -43.6% | -43.6% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.2400% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -29.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +3.4% | +5.9% | +5.2% | +27.1% | 2024 | -3.6% | 2025 |
| Assessment Ratio | 100.0% | 63.4% | — | 100.0% | 2026 | 37.3% | 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 |
$184,333 | $163,700 | ~$209,051 | $184,333 | 2025 | $145,388 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$9,548,243 | ~$9,548,243 | ~2.0139% | ~$192,296 | +5.9% |
| 2027 | ~$10,113,443 | ~$10,113,443 | ~1.9814% | ~$200,387 | +12.2% |
| 2028 | ~$10,712,099 | ~$10,712,099 | ~1.9488% | ~$208,762 | +18.8% |
| 2029 | ~$11,346,193 | ~$11,346,193 | ~1.9163% | ~$217,426 | +25.9% |
| 2030 | ~$12,017,821 | ~$12,017,821 | ~1.8837% | ~$226,385 | +33.3% |
| 2026 | ~$9,367,951 | ~$9,367,951 | ~2.0465% | ~$191,714 | +3.9% |
| 2027 | ~$9,735,119 | ~$9,735,119 | ~2.0465% | ~$199,228 | +8.0% |
| 2028 | ~$10,116,679 | ~$10,116,679 | ~2.0465% | ~$207,036 | +12.2% |
| 2029 | ~$10,513,193 | ~$10,513,193 | ~2.0465% | ~$215,151 | +16.6% |
| 2030 | ~$10,925,248 | ~$10,925,248 | ~2.0465% | ~$223,584 | +21.2% |
| 2026 | ~$9,728,536 | ~$9,728,536 | ~1.9977% | ~$194,343 | +7.9% |
| 2027 | ~$10,498,979 | ~$10,498,979 | ~1.9488% | ~$204,608 | +16.5% |
| 2028 | ~$11,330,436 | ~$11,330,436 | ~1.9000% | ~$215,280 | +25.7% |
| 2029 | ~$12,227,740 | ~$12,227,740 | ~1.8512% | ~$226,359 | +35.6% |
| 2030 | ~$13,196,105 | ~$13,196,105 | ~1.8024% | ~$237,843 | +46.4% |
In 2025, this property's market value of $9,014,630 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 6× 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 | $9,014,630 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $9,355,692 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $7,361,698 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $7,361,698 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $7,162,187 | $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.