1032 SPRINGDALE RD TX 78721
| Owner | PURPLE SQUARE ONE LLC |
|---|---|
| Parcel ID | 0207170214 |
| Short ID | 196138 |
| Type | Real |
| Use Code | 16 Townhome |
| Valuation | Cost |
| Improvement SF | 8,535 SF |
| Land SF | 18,077 SF |
| Acres | 0.415 |
| Year Built | 2024 |
| Legal | LOT 1 BLK A OLT 57 DIV A EASTOVER |
| Neighborhood | E4000 |
| Land | $296,996 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $296,996 |
| Improvement | $547,014 |
|---|---|
| Total Improvement | $547,014 |
| Market | $844,010 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $844,010 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $844,010 |
| Taxable Value | $844,010 |
|---|
Appreciation: Market value has risen +319.4% from $201,250 (2021) to $844,010 (2025), a CAGR of 43.1% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2021→2025), not a steady climb — worth checking what drove that reappraisal rather than assuming a smooth trend. Over the same span, the median Land/Vacant parcel countywide rose +487.2%, so this parcel has lagged the broader land/vacant 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 $17,273. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Asset Class: Land / Vacant. This is valued using the cost approach, tied more to replacement cost and physical condition than to income performance.
Value Composition: Land carries 35% of market value ($296,996 land vs $547,014 improvements), about $16/SF of land. Most value sits in the improvements, so building condition, age (~2 yrs), and rent roll drive the underwriting.
Submarket Position: At $844,010, this parcel sits in the top quartile (≥75th percentile) of Land/Vacant property in Travis County — county median $85,028 (P25 $24,862 / P75 $363,420, n=35,611). Land/Vacant here is the broad TCAD category — every land/vacant 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 +43.1% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $5,065,382 by 2030, with an estimated annual tax burden around $95,419. 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 |
|---|---|---|---|
| 095 | HVAC RESIDENTIAL | 8,535 SF | ✗ |
| 2ND | 2nd Floor | 3,360 SF | ✓ |
| 3RD | 3rd Floor | 2,760 SF | ✓ |
| 1ST | 1st Floor | 2,415 SF | ✓ |
| 041 | GARAGE ATT 1ST F | 1,215 SF | ✓ |
| 012 | PORCH OPEN 2ND F | 300 SF | ✗ |
| 011 | PORCH OPEN 1ST F | 264 SF | ✗ |
| 252 | BEDROOMS | 15 SF | ✓ |
| 251 | BATHROOM | 15 SF | ✓ |
| 250 | HALF BATHROOM | 4 SF | ✓ |
Market value changed by 194% in 2025, 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% | $7,808.78 | $7,808.78 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $4,422.76 | $4,422.76 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,172.17 | $3,172.17 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $996.13 | $996.13 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $872.71 | $872.71 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $17,272.55 | $17,272.55 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $795,884 | $844,010 | -5.7% |
| Assessed Value | $795,884 | $844,010 | -5.7% |
| Land Value | $237,597 | $296,996 | -20.0% |
| Improvement Value | $558,287 | $547,014 | +2.1% |
| Taxable Value | $795,884 | $844,010 | -5.7% |
| Total Tax 2026 = estimate |
~$16,288
Estimated
|
~$17,273
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $901,035 | $795,884 | -105,151 (-11.7%) |
| Taxable Value | $901,035 | $795,884 | -105,151 (-11.7%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $795,884 | $237,597 | $558,287 | — | $795,884 | $795,884 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $844,010 | $296,996 | $547,014 | — | $844,010 | $844,010 | ~$17,273 | Partial |
| 2024 | $— | — | — | — | $287,500 | $— | $5,698 | Verified |
| 2023 | $— | — | — | — | $345,000 | $— | $6,242 | Verified |
| 2022 | $— | — | — | — | $345,000 | $— | $6,813 | Verified |
| 2021 | $201,250 | — | — | — | $201,250 | $— | $4,381 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +6.8% | +6.8% | ~100% | Not available | Partial |
| 2025 | +193.6% ! | +193.6% | ~100% | Not available | Partial |
| 2024 | -16.7% | -16.7% | ~100% | 1.9800% | Verified |
| 2023 | +0.0% | +0.0% | ~100% | 1.8100% | Verified |
| 2022 | +71.4% | +71.4% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +319.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -5.7% | +156.8% | +44.8% | +319.4% | 2025 | -5.7% | 2026 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2021 | 100.0% | 2021 |
| 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 |
$17,273 | $10,827 | ~$54,005 | $17,273 | 2025 | $4,381 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,207,815 | ~$1,207,815 | ~2.0139% | ~$24,325 | +43.1% |
| 2027 | ~$1,728,437 | ~$1,728,437 | ~1.9814% | ~$34,247 | +104.8% |
| 2028 | ~$2,473,468 | ~$2,473,468 | ~1.9488% | ~$48,204 | +193.1% |
| 2029 | ~$3,539,642 | ~$3,539,642 | ~1.9163% | ~$67,830 | +319.4% |
| 2030 | ~$5,065,382 | ~$5,065,382 | ~1.8837% | ~$95,419 | +500.2% |
| 2026 | ~$1,190,935 | ~$1,190,935 | ~2.0465% | ~$24,372 | +41.1% |
| 2027 | ~$1,680,462 | ~$1,680,462 | ~2.0465% | ~$34,390 | +99.1% |
| 2028 | ~$2,371,205 | ~$2,371,205 | ~2.0465% | ~$48,526 | +180.9% |
| 2029 | ~$3,345,874 | ~$3,345,874 | ~2.0465% | ~$68,473 | +296.4% |
| 2030 | ~$4,721,175 | ~$4,721,175 | ~2.0465% | ~$96,618 | +459.4% |
| 2026 | ~$1,224,695 | ~$1,224,695 | ~1.9977% | ~$24,465 | +45.1% |
| 2027 | ~$1,777,087 | ~$1,777,087 | ~1.9488% | ~$34,633 | +110.6% |
| 2028 | ~$2,578,631 | ~$2,578,631 | ~1.9000% | ~$48,994 | +205.5% |
| 2029 | ~$3,741,706 | ~$3,741,706 | ~1.8512% | ~$69,266 | +343.3% |
| 2030 | ~$5,429,379 | ~$5,429,379 | ~1.8024% | ~$97,858 | +543.3% |
In 2025, this property's market value of $844,010 places it in the top 25% for Land/Vacant properties in Travis County (35611 comparable) — 10× the county median of $85,028. Land/Vacant here is the broad TCAD category — every land/vacant 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 | $844,010 | $24,862 | $85,028 | $363,420 | ↑ Top 25% | +2.1% |
| 2024 | — | $23,000 | $66,000 | $330,000 | — | +0.0% |
| 2023 | — | $25,000 | $71,500 | $271,439 | — | +0.0% |
| 2022 | — | $15,000 | $55,000 | $180,463 | — | +100.0% |
| 2021 | $201,250 | $6,000 | $14,480 | $80,000 | ↑ 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.