2900 OAK SPRINGS DR TX 78721
| Owner | 2900 OAK SPRINGS HORIZONTAL INVESTORS LP |
|---|---|
| Parcel ID | 0209150226 |
| Short ID | 198913 |
| Type | Real |
| Use Code | 61 Warehouse (<20,000 SF) |
| Valuation | Cost |
| Improvement SF | 8,000 SF |
| Land SF | 90,000 SF |
| Acres | 2.066 |
| Year Built | 1961 |
| Legal | TRT 1 OLT 14 DIV B OAK SPRINGS SUBD |
| Neighborhood | 68EAS |
| Land | $1,350,000 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,350,000 |
| Improvement | $800,000 |
|---|---|
| Total Improvement | $800,000 |
| Market | $2,150,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,150,000 |
| Value Limitation Adjustment (−) (homestead cap) | −$746,000 |
| Net Appraised (assessed) | $1,404,000 |
| Taxable Value | $1,404,000 |
|---|
Appreciation: Market value has risen +162.5% from $819,000 (2021) to $2,150,000 (2025), a CAGR of 27.3% over 4 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 +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 $28,733. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Assessment Gap: Assessed value ($1,404,000) is $746,000 below market value, suggesting potential for an upward assessment in future years.
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 63% of market value ($1,350,000 land vs $800,000 improvements), about $15/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $2,150,000, 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 +27.3% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $7,184,254 by 2030, with an estimated annual tax burden around $42,594. 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.
7 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 77,400 SF | ✗ |
| 1ST | 1st Floor | 8,000 SF | ✓ |
| 501 | CANOPY | 2,400 SF | ✗ |
| 541 | FENCE COMM LF | 1,100 SF | ✗ |
| 881 | COMMCL FINISHOUT | 1,000 SF | ✓ |
| 408 | LOADING RAMP | 120 SF | ✓ |
| 413 | STAIRWAY EXT | 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% | $12,989.81 | $12,989.81 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $7,357.20 | $7,357.20 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $5,276.86 | $5,276.86 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,657.04 | $1,657.04 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,451.74 | $1,451.74 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $28,732.65 | $28,732.65 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,310,000 | $2,150,000 | +7.4% |
| Assessed Value | $1,684,800 | $1,404,000 | +20.0% |
| Land Value | $1,350,000 | $1,350,000 | +0.0% |
| Improvement Value | $960,000 | $800,000 | +20.0% |
| Taxable Value | $1,684,800 | $1,404,000 | +20.0% |
| HS Cap Loss | -$625,200 | — | |
| Total Tax 2026 = estimate |
~$34,479
Estimated
|
~$28,733
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $2,310,000 | $2,310,000 | +0 (+0.0%) |
| Taxable Value | $1,684,800 | $1,684,800 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,310,000 | $1,350,000 | $960,000 | −$625,200 | $1,684,800 | $1,684,800 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $2,150,000 | $1,350,000 | $800,000 | −$746,000 | $1,404,000 | $1,404,000 | ~$28,733 | Partial |
| 2024 | $975,000 | — | — | — | $1,350,000 ! | $— | $23,187 | Verified |
| 2023 | $910,000 | — | — | −$235,000 | $675,000 | $— | $17,640 | Verified |
| 2022 | $910,000 | — | — | −$235,000 | $675,000 | $— | $17,972 | Verified |
| 2021 | $819,000 | — | — | −$144,000 | $675,000 | $— | $19,808 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +7.4% | +20.0% | 72.9% | Not available | Partial |
| 2025 | +30.3% | +20.0% | 65.3% | Not available | Partial |
| 2024 | +69.2% | +20.0% | 70.9% | 1.4100% | Verified |
| 2023 | -1.3% | -1.3% | ~100% | 1.8100% | Verified |
| 2022 | +8.6% | +8.6% | ~100% | 1.8200% | Verified |
| 2021 | base year | — | ~100% | 2.4200% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +136.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +7.4% | +29.2% | +25.5% | +120.5% | 2025 | +0.0% | 2023 |
| Assessment Ratio | 72.9% | 84.6% | — | 138.5% | 2024 | 65.3% | 2025 |
| Effective Tax Rate (2025) | 1.3400% | 1.3400% | — | 1.3400% | 2025 | 1.3400% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$28,733 | $21,468 | ~$36,633 | $28,733 | 2025 | $17,640 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,736,699 | ~$1,544,400 | ~2.0139% | ~$31,103 | +27.3% |
| 2027 | ~$3,483,499 | ~$1,698,840 | ~1.9814% | ~$33,661 | +62.0% |
| 2028 | ~$4,434,089 | ~$1,868,724 | ~1.9488% | ~$36,418 | +106.2% |
| 2029 | ~$5,644,078 | ~$2,055,596 | ~1.9163% | ~$39,391 | +162.5% |
| 2030 | ~$7,184,254 | ~$2,261,156 | ~1.8837% | ~$42,594 | +234.2% |
| 2026 | ~$2,693,699 | ~$1,544,400 | ~2.0465% | ~$31,606 | +25.3% |
| 2027 | ~$3,374,891 | ~$1,698,840 | ~2.0465% | ~$34,767 | +57.0% |
| 2028 | ~$4,228,346 | ~$1,868,724 | ~2.0465% | ~$38,243 | +96.7% |
| 2029 | ~$5,297,624 | ~$2,055,596 | ~2.0465% | ~$42,067 | +146.4% |
| 2030 | ~$6,637,306 | ~$2,261,156 | ~2.0465% | ~$46,274 | +208.7% |
| 2026 | ~$2,779,699 | ~$1,544,400 | ~1.9977% | ~$30,852 | +29.3% |
| 2027 | ~$3,593,827 | ~$1,698,840 | ~1.9488% | ~$33,108 | +67.2% |
| 2028 | ~$4,646,400 | ~$1,868,724 | ~1.9000% | ~$35,506 | +116.1% |
| 2029 | ~$6,007,254 | ~$2,055,596 | ~1.8512% | ~$38,053 | +179.4% |
| 2030 | ~$7,766,679 | ~$2,261,156 | ~1.8024% | ~$40,754 | +261.2% |
In 2025, this property's market value of $2,150,000 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +52% 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 | $2,150,000 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $975,000 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $910,000 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $910,000 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $819,000 | $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.