4893 SPICEWOOD SPRINGS RD 200 78731
| Owner | REX 4833 SPICEWOOD LLC |
|---|---|
| Parcel ID | 0147050305 |
| Short ID | 951181 |
| Type | Real |
| Use Code | 53 Office Small (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 1,080 SF |
| Land SF | 3,781 SF |
| Acres | 0.087 |
| Year Built | 1985 |
| Legal | UNT 200 SPICEWOOD CANYON CONDOMINIUMS PLUS 14.76 % INT IN COM AREA |
| Neighborhood | NW |
| Land | $75,624 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $75,624 |
| Improvement | $343,532 |
|---|---|
| Total Improvement | $343,532 |
| Market | $419,156 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $419,156 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $419,156 |
| Taxable Value | $419,156 |
|---|
Appreciation: Market value has risen +33.5% from $314,072 (2023) to $419,156 (2025), a CAGR of 15.5% over 2 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2024→2025), 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 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 $8,578. 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 18% of market value ($75,624 land vs $343,532 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 $419,156, 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 +15.5% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $862,466 by 2030, with an estimated annual tax burden around $16,247. 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 |
|---|---|---|---|
| 551 | PAVED AREA | 1,328 SF | ✗ |
| 2ND | 2nd Floor | 1,080 SF | ✓ |
| 487 | PARKING UNDER | 945 SF | ✓ |
| 501 | CANOPY | 19 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% | $3,878.03 | $3,878.03 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $2,196.45 | $2,196.45 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,575.38 | $1,575.38 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $494.70 | $494.70 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $433.41 | $433.41 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $8,577.97 | $8,577.97 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $467,334 | $419,156 | +11.5% |
| Assessed Value | $467,334 | $419,156 | +11.5% |
| Land Value | $75,624 | $75,624 | +0.0% |
| Improvement Value | $391,710 | $343,532 | +14.0% |
| Taxable Value | $467,334 | $419,156 | +11.5% |
| Total Tax 2026 = estimate |
~$9,564
Estimated
|
~$8,578
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $467,334 | $467,334 | +0 (+0.0%) |
| Taxable Value | $467,334 | $467,334 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $467,334 | $75,624 | $391,710 | — | $467,334 | $467,334 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $419,156 | $75,624 | $343,532 | — | $419,156 | $419,156 | ~$8,578 | Partial |
| 2024 | $332,900 | — | — | −$257,276 | $75,624 | $— | $8,010 | Verified |
| 2023 | $314,072 | — | — | −$238,448 | $75,624 | $— | $6,023 | Verified |
| 2022 | $— | — | — | — | $75,624 | $— | $6,203 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +11.5% | +11.5% | ~100% | Not available | Partial |
| 2025 | +3.7% | +3.7% | ~100% | Not available | Partial |
| 2024 | -13.4% | -13.4% | ~100% | 1.9800% | Verified |
| 2023 | +39.7% | +39.7% | ~100% | 1.2900% | Verified |
| 2022 | base year | — | ~100% | 1.8600% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +25.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +11.5% | +14.5% | +13.1% | +25.9% | 2025 | +6.0% | 2024 |
| Assessment Ratio | 100.0% | 61.7% | — | 100.0% | 2025 | 22.7% | 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 |
$8,578 | $7,537 | ~$12,797 | $8,578 | 2025 | $6,023 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$484,227 | ~$484,227 | ~2.0139% | ~$9,752 | +15.5% |
| 2027 | ~$559,400 | ~$559,400 | ~1.9814% | ~$11,084 | +33.5% |
| 2028 | ~$646,242 | ~$646,242 | ~1.9488% | ~$12,594 | +54.2% |
| 2029 | ~$746,567 | ~$746,567 | ~1.9163% | ~$14,306 | +78.1% |
| 2030 | ~$862,466 | ~$862,466 | ~1.8837% | ~$16,247 | +105.8% |
| 2026 | ~$475,844 | ~$475,844 | ~2.0465% | ~$9,738 | +13.5% |
| 2027 | ~$540,198 | ~$540,198 | ~2.0465% | ~$11,055 | +28.9% |
| 2028 | ~$613,256 | ~$613,256 | ~2.0465% | ~$12,550 | +46.3% |
| 2029 | ~$696,194 | ~$696,194 | ~2.0465% | ~$14,248 | +66.1% |
| 2030 | ~$790,350 | ~$790,350 | ~2.0465% | ~$16,174 | +88.6% |
| 2026 | ~$492,610 | ~$492,610 | ~1.9977% | ~$9,841 | +17.5% |
| 2027 | ~$578,936 | ~$578,936 | ~1.9488% | ~$11,283 | +38.1% |
| 2028 | ~$680,391 | ~$680,391 | ~1.9000% | ~$12,928 | +62.3% |
| 2029 | ~$799,624 | ~$799,624 | ~1.8512% | ~$14,803 | +90.8% |
| 2030 | ~$939,753 | ~$939,753 | ~1.8024% | ~$16,938 | +124.2% |
In 2025, this property's market value of $419,156 places it in the bottom 25% for Commercial properties in Travis County (13608 comparable) — -70% 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 | $419,156 | $649,268 | $1,417,484 | $3,347,260 | ↓ Bottom 25% | -0.8% |
| 2024 | $332,900 | $661,016 | $1,438,465 | $3,471,171 | ↓ Bottom 25% | +0.0% |
| 2023 | $314,072 | $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.