1005 SPRINGDALE RD TX 78721
| Owner | 1005 SPRINGDALE RD LLC |
|---|---|
| Parcel ID | 0205170101 |
| Short ID | 193703 |
| Type | Real |
| Use Code | 61 Warehouse (<20,000 SF) |
| Valuation | Cost |
| Improvement SF | 7,596 SF |
| Land SF | 418,480 SF |
| Acres | 9.607 |
| Year Built | 1948 |
| Legal | ABS 22 SUR 29 TANNEHILL J C ACR 9.607 |
| Neighborhood | 61EAS |
| Land | $4,707,900 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $4,707,900 |
| Improvement | $499,959 |
|---|---|
| Total Improvement | $499,959 |
| Market | $5,207,859 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $5,207,859 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $5,207,859 |
| Taxable Value | $5,207,859 |
|---|
Appreciation: Market value has risen +140.7% from $2,163,200 (2021) to $5,207,859 (2025), a CAGR of 24.6% 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 $106,578. 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 cost approach, tied more to replacement cost and physical condition than to income performance.
Value Composition: Land carries 90% of market value ($4,707,900 land vs $499,959 improvements), about $11/SF of land. With value concentrated in the land under a ~78-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 $5,207,859, 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 +24.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $15,617,532 by 2030, with an estimated annual tax burden around $157,995. 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.
10 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 45,000 SF | ✗ |
| 1ST | 1st Floor | 7,596 SF | ✓ |
| 541 | FENCE COMM LF | 6,000 SF | ✗ |
| 881 | COMMCL FINISHOUT | 5,668 SF | ✓ |
| 501 | CANOPY | 1,080 SF | ✗ |
| 611 | TERRACE | 1,000 SF | ✗ |
| 407 | LOADING DOCK | 920 SF | ✓ |
| 511 | DECK | 560 SF | ✗ |
| 327 | STORAGE COMM'L | 210 SF | ✓ |
| 482 | LIGHT POLES | 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% | $48,183.11 | $48,183.11 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $27,290.07 | $27,290.07 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $19,573.48 | $19,573.48 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $6,146.47 | $6,146.47 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $5,384.93 | $5,384.93 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $106,578.06 | $106,578.06 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $5,212,852 | $5,207,859 | +0.1% |
| Assessed Value | $5,212,852 | $5,207,859 | +0.1% |
| Land Value | $4,707,900 | $4,707,900 | +0.0% |
| Improvement Value | $504,952 | $499,959 | +1.0% |
| Taxable Value | $5,212,852 | $5,207,859 | +0.1% |
| Total Tax 2026 = estimate |
~$106,680
Estimated
|
~$106,578
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $5,212,852 | $5,212,852 | +0 (+0.0%) |
| Taxable Value | $5,212,852 | $5,212,852 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $5,212,852 | $4,707,900 | $504,952 | — | $5,212,852 | $5,212,852 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $5,207,859 | $4,707,900 | $499,959 | — | $5,207,859 | $5,207,859 | ~$106,578 | Partial |
| 2024 | $4,000,000 | — | — | — | $4,707,900 ! | $— | $102,983 | Verified |
| 2023 | $2,915,576 | — | — | — | $4,000,000 ! | $— | $72,370 | Verified |
| 2022 | $2,620,608 | — | — | −$266,658 | $2,353,950 | $— | $57,580 | Verified |
| 2021 | $2,163,200 | — | — | — | $2,353,950 ! | $— | $57,042 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.1% | +0.1% | ~100% | Not available | Partial |
| 2025 | +0.2% | +0.2% | ~100% | Not available | Partial |
| 2024 | +29.9% | +29.9% | ~100% | 1.9800% | Verified |
| 2023 | +37.2% | +37.2% | ~100% | 1.8100% | Verified |
| 2022 | +11.3% | +11.3% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.6400% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +98.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.1% | +20.0% | +24.5% | +37.2% | 2024 | +0.1% | 2026 |
| Assessment Ratio | 100.0% | 108.9% | — | 137.2% | 2023 | 89.8% | 2022 |
| 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 |
$106,578 | $79,311 | ~$135,885 | $106,578 | 2025 | $57,042 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$6,487,089 | ~$5,728,645 | ~2.0139% | ~$115,371 | +24.6% |
| 2027 | ~$8,080,542 | ~$6,301,509 | ~1.9814% | ~$124,857 | +55.2% |
| 2028 | ~$10,065,402 | ~$6,931,660 | ~1.9488% | ~$135,087 | +93.3% |
| 2029 | ~$12,537,812 | ~$7,624,826 | ~1.9163% | ~$146,114 | +140.7% |
| 2030 | ~$15,617,532 | ~$8,387,309 | ~1.8837% | ~$157,995 | +199.9% |
| 2026 | ~$6,382,932 | ~$5,728,645 | ~2.0465% | ~$117,236 | +22.6% |
| 2027 | ~$7,823,142 | ~$6,301,509 | ~2.0465% | ~$128,959 | +50.2% |
| 2028 | ~$9,588,312 | ~$6,931,660 | ~2.0465% | ~$141,855 | +84.1% |
| 2029 | ~$11,751,767 | ~$7,624,826 | ~2.0465% | ~$156,041 | +125.7% |
| 2030 | ~$14,403,371 | ~$8,387,309 | ~2.0465% | ~$171,645 | +176.6% |
| 2026 | ~$6,591,246 | ~$5,728,645 | ~1.9977% | ~$114,439 | +26.6% |
| 2027 | ~$8,342,109 | ~$6,301,509 | ~1.9488% | ~$122,806 | +60.2% |
| 2028 | ~$10,558,061 | ~$6,931,660 | ~1.9000% | ~$131,703 | +102.7% |
| 2029 | ~$13,362,646 | ~$7,624,826 | ~1.8512% | ~$141,150 | +156.6% |
| 2030 | ~$16,912,226 | ~$8,387,309 | ~1.8024% | ~$151,170 | +224.7% |
In 2025, this property's market value of $5,207,859 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 4× 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 | $5,207,859 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $4,000,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $2,915,576 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $2,620,608 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $2,163,200 | $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.