4601 SPICEWOOD SPRINGS RD 4 TX 78759
| Owner | MUSKIN ALAN & ELLEN |
|---|---|
| Parcel ID | 0145031005 |
| Short ID | 542215 |
| Type | Real |
| Use Code | 26 Large Office Condo |
| Valuation | Income |
| Improvement SF | 7,568 SF |
| Land SF | 38,877 SF |
| Acres | 0.892 |
| Year Built | 2002 |
| Legal | UNT 4 STILLHOUSE II OFFICE CONDOMINIUMS AMENDED PLUS 25% INT IN COM AREA |
| Neighborhood | 26NW07 |
| Land | $1,166,318 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,166,318 |
| Improvement | $2,452,634 |
|---|---|
| Total Improvement | $2,452,634 |
| Market | $3,618,952 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $3,618,952 |
| Value Limitation Adjustment (−) (homestead cap) | −$678,789 |
| Net Appraised (assessed) | $2,940,163 |
| Taxable Value | $2,940,163 |
|---|
Appreciation: Market value has risen +77.6% from $2,037,300 (2021) to $3,618,952 (2025), a CAGR of 15.4% 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 $60,170. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Assessment Gap: Assessed value ($2,940,163) is $678,789 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 32% of market value ($1,166,318 land vs $2,452,634 improvements), about $30/SF of land. Most value sits in the improvements, so building condition, age (~24 yrs), and rent roll drive the underwriting.
Submarket Position: At $3,618,952, 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 +15.4% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $7,421,516 by 2030, with an estimated annual tax burden around $89,198. 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.
5 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 3,784 SF | ✓ |
| 2ND | 2nd Floor | 3,784 SF | ✓ |
| 501 | CANOPY | 136 SF | ✗ |
| 611 | TERRACE | 136 SF | ✗ |
| 476 | ELEVATOR FREIGHT | 1 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% | $18,504.00 | $18,504.00 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $10,480.34 | $10,480.34 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $7,516.90 | $7,516.90 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,360.46 | $2,360.46 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,068.00 | $2,068.00 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $40,929.70 | $40,929.70 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $3,213,916 | $3,618,952 | -11.2% |
| Assessed Value | $2,400,000 | $2,940,163 | -18.4% |
| Land Value | $1,166,318 | $1,166,318 | +0.0% |
| Improvement Value | $2,047,598 | $2,452,634 | -16.5% |
| Taxable Value | $2,400,000 | $2,940,163 | -18.4% |
| HS Cap Loss | -$813,916 | — | |
| Total Tax 2026 = estimate |
~$49,116
Estimated
|
~$40,930
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $3,710,907 | $3,213,916 | -496,991 (-13.4%) |
| Taxable Value | $2,400,000 | $2,400,000 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $3,213,916 | $1,166,318 | $2,047,598 | −$813,916 | $2,400,000 | $2,400,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $3,618,952 | $1,166,318 | $2,452,634 | −$678,789 | $2,940,163 | $2,940,163 | ~$40,930 | Partial |
| 2024 | $3,110,300 | — | — | −$1,943,982 | $1,166,318 | $— | $48,557 | Verified |
| 2023 | $2,350,000 | — | — | −$1,183,682 | $1,166,318 | $— | $56,273 | Verified |
| 2022 | $2,172,000 | — | — | −$1,005,682 | $1,166,318 | $— | $46,411 | Verified |
| 2021 | $2,037,300 | — | — | −$1,065,369 | $971,931 | $— | $47,277 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +2.5% | -18.4% | 64.7% | Not available | Partial |
| 2025 | +47.7% | +20.0% | 81.2% | Not available | Partial |
| 2024 | -21.2% | -21.2% | ~100% | 1.9800% | Verified |
| 2023 | +32.4% | +32.4% | ~100% | 1.8100% | Verified |
| 2022 | +8.2% | +8.2% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.3200% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +66.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -11.2% | +10.5% | +18.4% | +32.4% | 2024 | -11.2% | 2026 |
| Assessment Ratio | 74.7% | 57.4% | — | 81.2% | 2025 | 37.5% | 2024 |
| Effective Tax Rate (2025) | 1.1300% | 1.1300% | — | 1.1300% | 2025 | 1.1300% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$40,930 | $47,890 | ~$76,715 | $56,273 | 2023 | $40,930 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$4,177,965 | ~$3,234,179 | ~2.0139% | ~$65,134 | +15.4% |
| 2027 | ~$4,823,327 | ~$3,557,597 | ~1.9814% | ~$70,490 | +33.3% |
| 2028 | ~$5,568,378 | ~$3,913,357 | ~1.9488% | ~$76,265 | +53.9% |
| 2029 | ~$6,428,515 | ~$4,304,693 | ~1.9163% | ~$82,490 | +77.6% |
| 2030 | ~$7,421,516 | ~$4,735,162 | ~1.8837% | ~$89,198 | +105.1% |
| 2026 | ~$4,105,586 | ~$3,234,179 | ~2.0465% | ~$66,187 | +13.4% |
| 2027 | ~$4,657,656 | ~$3,557,597 | ~2.0465% | ~$72,806 | +28.7% |
| 2028 | ~$5,283,963 | ~$3,913,357 | ~2.0465% | ~$80,086 | +46.0% |
| 2029 | ~$5,994,488 | ~$4,304,693 | ~2.0465% | ~$88,095 | +65.6% |
| 2030 | ~$6,800,555 | ~$4,735,162 | ~2.0465% | ~$96,904 | +87.9% |
| 2026 | ~$4,250,344 | ~$3,234,179 | ~1.9977% | ~$64,608 | +17.4% |
| 2027 | ~$4,991,894 | ~$3,557,597 | ~1.9488% | ~$69,332 | +37.9% |
| 2028 | ~$5,862,820 | ~$3,913,357 | ~1.9000% | ~$74,354 | +62.0% |
| 2029 | ~$6,885,695 | ~$4,304,693 | ~1.8512% | ~$79,688 | +90.3% |
| 2030 | ~$8,087,030 | ~$4,735,162 | ~1.8024% | ~$85,345 | +123.5% |
In 2025, this property's market value of $3,618,952 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — +155% above 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 | $3,618,952 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $3,110,300 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $2,350,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $2,172,000 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $2,037,300 | $517,750 | $1,142,600 | $2,780,453 | ↑ Above median | 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.