5346 THUNDER CREEK RD TX 78759
| Owner | MATTHEWS-BARNES BROTHERS INVESTMENTS II LP |
|---|---|
| Parcel ID | 0162010906 |
| Short ID | 424155 |
| Type | Real |
| Use Code | 83 Service / Repair Garage |
| Valuation | Income |
| Improvement SF | 5,992 SF |
| Land SF | 37,993 SF |
| Acres | 0.872 |
| Year Built | 1997 |
| Legal | LOTS 1&2 DUVAL ROAD LOTS |
| Neighborhood | 83NWE |
| Land | $1,139,791 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,139,791 |
| Improvement | $456,817 |
|---|---|
| Total Improvement | $456,817 |
| Market | $1,596,608 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,596,608 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,596,608 |
| Taxable Value | $1,596,608 |
|---|
Appreciation: Market value has risen +43.2% from $1,114,800 (2021) to $1,596,608 (2025), a CAGR of 9.4% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2022→2023), 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 $32,674. 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 71% of market value ($1,139,791 land vs $456,817 improvements), about $30/SF of land. With value concentrated in the land, this reads as a land-dominated asset — the classic higher-and-best-use / redevelopment signal. Underwrite the dirt, not the building.
Submarket Position: At $1,596,608, this parcel sits in the upper-middle (50th–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 +9.4% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,501,497 by 2030, with an estimated annual tax burden around $47,122. 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.
4 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 5,992 SF | ✓ |
| 551 | PAVED AREA | 5,000 SF | ✗ |
| 501 | CANOPY | 1,680 SF | ✗ |
| SO | Sketch Only | 1,120 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% | $14,771.82 | $14,771.82 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $8,366.50 | $8,366.50 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $6,000.77 | $6,000.77 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,884.36 | $1,884.36 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,650.89 | $1,650.89 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $32,674.34 | $32,674.34 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,708,409 | $1,596,608 | +7.0% |
| Assessed Value | $1,708,409 | $1,596,608 | +7.0% |
| Land Value | $1,139,791 | $1,139,791 | +0.0% |
| Improvement Value | $568,618 | $456,817 | +24.5% |
| Taxable Value | $1,708,409 | $1,596,608 | +7.0% |
| Total Tax 2026 = estimate |
~$34,962
Estimated
|
~$32,674
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,877,373 | $1,708,409 | -168,964 (-9.0%) |
| Taxable Value | $1,877,373 | $1,708,409 | -168,964 (-9.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,708,409 | $1,139,791 | $568,618 | — | $1,708,409 | $1,708,409 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,596,608 | $1,139,791 | $456,817 | — | $1,596,608 | $1,596,608 | ~$32,674 | Partial |
| 2024 | $1,500,000 | — | — | −$360,209 | $1,139,791 | $— | $29,640 | Verified |
| 2023 | $1,315,883 | — | — | −$176,092 | $1,139,791 | $— | $27,139 | Verified |
| 2022 | $993,000 | — | — | −$43,174 | $949,826 | $— | $25,988 | Verified |
| 2021 | $1,114,800 | — | — | −$164,974 | $949,826 | $— | $21,614 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +17.6% | +17.6% | ~100% | Not available | Partial |
| 2025 | +6.8% | +6.8% | ~100% | Not available | Partial |
| 2024 | -0.3% | -0.3% | ~100% | 1.9800% | Verified |
| 2023 | +14.0% | +14.0% | ~100% | 1.8100% | Verified |
| 2022 | +32.5% | +32.5% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 1.9400% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +60.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +7.0% | +9.8% | +8.0% | +32.5% | 2023 | -10.9% | 2022 |
| Assessment Ratio | 100.0% | 90.6% | — | 100.0% | 2025 | 76.0% | 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 |
$32,674 | $27,411 | ~$40,942 | $32,674 | 2025 | $21,614 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,746,621 | ~$1,746,621 | ~2.0139% | ~$35,176 | +9.4% |
| 2027 | ~$1,910,728 | ~$1,910,728 | ~1.9814% | ~$37,859 | +19.7% |
| 2028 | ~$2,090,255 | ~$2,090,255 | ~1.9488% | ~$40,736 | +30.9% |
| 2029 | ~$2,286,650 | ~$2,286,650 | ~1.9163% | ~$43,819 | +43.2% |
| 2030 | ~$2,501,497 | ~$2,501,497 | ~1.8837% | ~$47,122 | +56.7% |
| 2026 | ~$1,714,689 | ~$1,714,689 | ~2.0465% | ~$35,091 | +7.4% |
| 2027 | ~$1,841,502 | ~$1,841,502 | ~2.0465% | ~$37,686 | +15.3% |
| 2028 | ~$1,977,695 | ~$1,977,695 | ~2.0465% | ~$40,473 | +23.9% |
| 2029 | ~$2,123,959 | ~$2,123,959 | ~2.0465% | ~$43,467 | +33.0% |
| 2030 | ~$2,281,042 | ~$2,281,042 | ~2.0465% | ~$46,681 | +42.9% |
| 2026 | ~$1,778,553 | ~$1,756,269 | ~1.9977% | ~$35,084 | +11.4% |
| 2027 | ~$1,981,232 | ~$1,931,896 | ~1.9488% | ~$37,650 | +24.1% |
| 2028 | ~$2,207,008 | ~$2,125,085 | ~1.9000% | ~$40,377 | +38.2% |
| 2029 | ~$2,458,512 | ~$2,337,594 | ~1.8512% | ~$43,273 | +54.0% |
| 2030 | ~$2,738,677 | ~$2,571,353 | ~1.8024% | ~$46,345 | +71.5% |
In 2025, this property's market value of $1,596,608 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +13% 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 | $1,596,608 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $1,500,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $1,315,883 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $993,000 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $1,114,800 | $517,750 | $1,142,600 | $2,780,453 | ↓ Below 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.