71 STRANDTMAN CV TX 78702
| Owner | PROJECT ELSIE LAND LTD |
|---|---|
| Parcel ID | 0200160434 |
| Short ID | 187758 |
| Type | Real |
| Use Code | 69 Mfg / Eng / Lab Industrial |
| Valuation | Cost |
| Improvement SF | 64,146 SF |
| Land SF | 413,123 SF |
| Acres | 9.484 |
| Year Built | 1987 |
| Legal | LOT 5-8 BRIDGEVIEW BUSINESS AND INDUSTRIAL PLAZA LOT 3-4 * BRIDGEVIEW BUSINESS & INDUSTRIAL PLAZA SEC 2 |
| Neighborhood | 69EAS |
| Land | $12,393,690 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $12,393,690 |
| Improvement | $399,310 |
|---|---|
| Total Improvement | $399,310 |
| Market | $12,793,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $12,793,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $12,793,000 |
| Taxable Value | $12,793,000 |
|---|
Appreciation: Market value has risen +71.5% from $7,460,986 (2021) to $12,793,000 (2025), a CAGR of 14.4% over 4 years. This is strong appreciation — well above typical inflation. 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 $261,807. 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 cost approach, tied more to replacement cost and physical condition than to income performance.
Value Composition: Land carries 97% of market value ($12,393,690 land vs $399,310 improvements), about $30/SF of land. With value concentrated in the land under a ~39-year-old structure, this reads as a land-dominated asset — the classic higher-and-best-use / redevelopment signal. Underwrite the dirt, not the building.
Submarket Position: At $12,793,000, 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 +14.4% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $25,101,092 by 2030, with an estimated annual tax burden around $388,112. 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.
11 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 260,000 SF | ✗ |
| 491 | SPRINKLER HEADS | 70,924 SF | ✗ |
| 1ST | 1st Floor | 64,146 SF | ✓ |
| 881 | COMMCL FINISHOUT | 14,870 SF | ✓ |
| 272 | COLDSTG VAULT LG | 11,636 SF | ✓ |
| MEZZ | Mezzanine | 6,778 SF | ✓ |
| 501 | CANOPY | 3,258 SF | ✗ |
| 541 | FENCE COMM LF | 2,680 SF | ✗ |
| 328 | MEZZ COMM (STG) | 1,580 SF | ✓ |
| 402 | CARWASH SELF-SERVE | 1,580 SF | ✓ |
| 482 | LIGHT POLES | 10 SF | ✓ |
Market value changed by 101% in 2023, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| 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% | $118,360.84 | $118,360.84 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $67,037.49 | $67,037.49 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $48,081.85 | $48,081.85 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $15,098.68 | $15,098.68 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $13,227.96 | $13,227.96 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $261,806.82 | $261,806.82 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $11,721,598 | $12,793,000 | -8.4% |
| Assessed Value | $11,721,598 | $12,793,000 | -8.4% |
| Land Value | $12,580,320 | $12,393,690 | +1.5% |
| Improvement Value | — | $399,310 | — |
| Taxable Value | $11,721,598 | $12,793,000 | -8.4% |
| Total Tax 2026 = estimate |
~$239,881
Estimated
|
~$261,807
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $14,278,817 | $11,721,598 | -2,557,219 (-17.9%) |
| Taxable Value | $14,278,817 | $11,721,598 | -2,557,219 (-17.9%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $11,721,598 | $12,580,320 | — | — | $11,721,598 | $11,721,598 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $12,793,000 | $12,393,690 | $399,310 | — | $12,793,000 | $12,793,000 | ~$261,807 | Partial |
| 2024 | $16,564,415 | — | — | −$4,170,725 | $12,393,690 | $— | $282,232 | Verified |
| 2023 | $8,242,461 | — | — | — | $12,393,690 ! | $— | $299,691 | Verified |
| 2022 | $8,272,704 | — | — | −$30,243 | $8,242,461 | $— | $162,782 | Verified |
| 2021 | $7,460,986 | — | — | — | $8,262,460 ! | $— | $180,070 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +11.6% | +11.6% | ~100% | Not available | Partial |
| 2025 | -10.2% | -10.2% | ~100% | Not available | Partial |
| 2024 | -14.0% | -14.0% | ~100% | 1.9800% | Verified |
| 2023 | +101.0% ! | +101.0% | ~100% | 1.8100% | Verified |
| 2022 | -0.4% | -0.4% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.4100% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +54.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -8.4% | +16.1% | +16.5% | +101.0% | 2024 | -22.8% | 2025 |
| Assessment Ratio | 100.0% | 105.9% | — | 150.4% | 2023 | 74.8% | 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 |
$261,807 | $237,316 | ~$333,799 | $299,691 | 2023 | $162,782 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$14,639,170 | ~$14,072,300 | ~2.0139% | ~$283,407 | +14.4% |
| 2027 | ~$16,751,762 | ~$15,479,530 | ~1.9814% | ~$306,710 | +30.9% |
| 2028 | ~$19,169,224 | ~$17,027,483 | ~1.9488% | ~$331,838 | +49.8% |
| 2029 | ~$21,935,552 | ~$18,730,231 | ~1.9163% | ~$358,926 | +71.5% |
| 2030 | ~$25,101,092 | ~$20,603,254 | ~1.8837% | ~$388,112 | +96.2% |
| 2026 | ~$14,383,310 | ~$14,072,300 | ~2.0465% | ~$287,988 | +12.4% |
| 2027 | ~$16,171,312 | ~$15,479,530 | ~2.0465% | ~$316,786 | +26.4% |
| 2028 | ~$18,181,583 | ~$17,027,483 | ~2.0465% | ~$348,465 | +42.1% |
| 2029 | ~$20,441,752 | ~$18,730,231 | ~2.0465% | ~$383,311 | +59.8% |
| 2030 | ~$22,982,885 | ~$20,603,254 | ~2.0465% | ~$421,643 | +79.7% |
| 2026 | ~$14,895,030 | ~$14,072,300 | ~1.9977% | ~$281,117 | +16.4% |
| 2027 | ~$17,342,446 | ~$15,479,530 | ~1.9488% | ~$301,671 | +35.6% |
| 2028 | ~$20,191,999 | ~$17,027,483 | ~1.9000% | ~$323,525 | +57.8% |
| 2029 | ~$23,509,765 | ~$18,730,231 | ~1.8512% | ~$346,733 | +83.8% |
| 2030 | ~$27,372,676 | ~$20,603,254 | ~1.8024% | ~$371,347 | +114.0% |
In 2025, this property's market value of $12,793,000 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 9× 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 | $12,793,000 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $16,564,415 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $8,242,461 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $8,272,704 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $7,460,986 | $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.