4893 SPICEWOOD SPRINGS RD 102 78731
| Owner | TEN KEY PROPERTIES LLC |
|---|---|
| Parcel ID | 0147050304 |
| Short ID | 951180 |
| Type | Real |
| Use Code | 53 Office Small (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 1,665 SF |
| Land SF | 3,569 SF |
| Acres | 0.082 |
| Year Built | 1985 |
| Legal | UNT 102 SPICEWOOD CANYON CONDOMINIUMS PLUS 13.93 % INT IN COM AREA |
| Neighborhood | NW |
| Land | $71,372 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $71,372 |
| Improvement | $403,820 |
|---|---|
| Total Improvement | $403,820 |
| Market | $475,192 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $475,192 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $475,192 |
| Taxable Value | $475,192 |
|---|
Appreciation: Market value has risen +0.1% from $474,829 (2023) to $475,192 (2025), a CAGR of 0.0% over 2 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 +0.2%, 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 $9,725. 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 15% of market value ($71,372 land vs $403,820 improvements), about $20/SF of land. Most value sits in the improvements, so building condition, age (~41 yrs), and rent roll drive the underwriting.
Submarket Position: At $475,192, this parcel sits in the bottom quartile (<25th 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 +0.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $476,101 by 2030, with an estimated annual tax burden around $8,969. 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 | 1,665 SF | ✓ |
| 551 | PAVED AREA | 1,254 SF | ✗ |
| 487 | PARKING UNDER | 892 SF | ✓ |
| 501 | CANOPY | 18 SF | ✗ |
| 482 | LIGHT POLES | 2 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% | $4,396.48 | $4,396.48 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $2,490.09 | $2,490.09 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,785.99 | $1,785.99 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $560.84 | $560.84 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $491.35 | $491.35 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $9,724.75 | $9,724.75 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $644,809 | $475,192 | +35.7% |
| Assessed Value | $570,230 | $475,192 | +20.0% |
| Land Value | $71,372 | $71,372 | +0.0% |
| Improvement Value | $573,437 | $403,820 | +42.0% |
| Taxable Value | $570,230 | $475,192 | +20.0% |
| HS Cap Loss | -$74,579 | — | |
| Total Tax 2026 = estimate |
~$11,670
Estimated
|
~$9,725
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $644,809 | $644,809 | +0 (+0.0%) |
| Taxable Value | $570,230 | $570,230 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $644,809 | $71,372 | $573,437 | −$74,579 | $570,230 | $570,230 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $475,192 | $71,372 | $403,820 | — | $475,192 | $475,192 | ~$9,725 | Partial |
| 2024 | $671,362 | — | — | −$599,990 | $71,372 | $— | $11,420 | Verified |
| 2023 | $474,829 | — | — | −$403,457 | $71,372 | $— | $12,147 | Verified |
| 2022 | $— | — | — | — | $71,372 | $— | $9,378 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +35.7% | +20.0% | 88.4% | Not available | Partial |
| 2025 | -17.5% | -17.5% | ~100% | Not available | Partial |
| 2024 | -14.2% | -14.2% | ~100% | 1.9800% | Verified |
| 2023 | +41.4% | +41.4% | ~100% | 1.8100% | Verified |
| 2022 | base year | — | ~100% | 1.9700% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +0.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +35.7% | +16.0% | -5.2% | +41.4% | 2024 | -29.2% | 2025 |
| Assessment Ratio | 88.4% | 53.5% | — | 100.0% | 2025 | 10.6% | 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 |
$9,725 | $11,097 | ~$9,271 | $12,147 | 2023 | $9,725 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$475,374 | ~$475,374 | ~2.0139% | ~$9,574 | +0.0% |
| 2027 | ~$475,555 | ~$475,555 | ~1.9814% | ~$9,423 | +0.1% |
| 2028 | ~$475,737 | ~$475,737 | ~1.9488% | ~$9,271 | +0.1% |
| 2029 | ~$475,919 | ~$475,919 | ~1.9163% | ~$9,120 | +0.2% |
| 2030 | ~$476,101 | ~$476,101 | ~1.8837% | ~$8,969 | +0.2% |
| 2026 | ~$465,870 | ~$465,870 | ~2.0465% | ~$9,534 | -2.0% |
| 2027 | ~$456,730 | ~$456,730 | ~2.0465% | ~$9,347 | -3.9% |
| 2028 | ~$447,770 | ~$447,770 | ~2.0465% | ~$9,164 | -5.8% |
| 2029 | ~$438,986 | ~$438,986 | ~2.0465% | ~$8,984 | -7.6% |
| 2030 | ~$430,374 | ~$430,374 | ~2.0465% | ~$8,808 | -9.4% |
| 2026 | ~$484,877 | ~$484,877 | ~1.9977% | ~$9,686 | +2.0% |
| 2027 | ~$494,760 | ~$494,760 | ~1.9488% | ~$9,642 | +4.1% |
| 2028 | ~$504,845 | ~$504,845 | ~1.9000% | ~$9,592 | +6.2% |
| 2029 | ~$515,134 | ~$515,134 | ~1.8512% | ~$9,536 | +8.4% |
| 2030 | ~$525,634 | ~$525,634 | ~1.8024% | ~$9,474 | +10.6% |
In 2025, this property's market value of $475,192 places it in the bottom 25% for Commercial properties in Travis County (13608 comparable) — -66% 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 | $475,192 | $649,268 | $1,417,484 | $3,347,260 | ↓ Bottom 25% | -0.8% |
| 2024 | $671,362 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $474,829 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | — | $553,066 | $1,215,730 | $2,939,150 | — | +3.3% |
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.