5607 SPRINGDALE RD TX 78723
| Owner | SOUTHWESTERN BELL TELEPHONE |
|---|---|
| Parcel ID | 0218240102 |
| Short ID | 214065 |
| Type | Real |
| Use Code | 61 Warehouse (<20,000 SF) |
| Valuation | Cost |
| Improvement SF | 14,671 SF |
| Land SF | 43,560 SF |
| Acres | 1.000 |
| Year Built | 1969 |
| Legal | LOT A MENN HARRY SUBD |
| Neighborhood | 61EAS |
| Land | $1,742,400 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,742,400 |
| Improvement | $634,661 |
|---|---|
| Total Improvement | $634,661 |
| Market | $2,377,061 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,377,061 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $2,377,061 |
| Taxable Value | $2,377,061 |
|---|
Appreciation: Market value has risen +115.8% from $1,101,600 (2021) to $2,377,061 (2025), a CAGR of 21.2% 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 $48,646. 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 73% of market value ($1,742,400 land vs $634,661 improvements), about $40/SF of land. With value concentrated in the land under a ~57-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 $2,377,061, 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 +21.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $6,216,713 by 2030, with an estimated annual tax burden around $72,115. 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.
5 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 14,671 SF | ✓ |
| 093 | HVAC COMMRCL SF | 14,671 SF | ✗ |
| 551 | PAVED AREA | 6,432 SF | ✗ |
| 327 | STORAGE COMM'L | 1,289 SF | ✓ |
| 501 | CANOPY | 221 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% | $21,992.57 | $21,992.57 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $12,456.20 | $12,456.20 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $8,934.06 | $8,934.06 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,805.48 | $2,805.48 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,457.88 | $2,457.88 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $48,646.19 | $48,646.19 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,377,061 | $2,377,061 | +0.0% |
| Assessed Value | $2,377,061 | $2,377,061 | +0.0% |
| Land Value | $1,742,400 | $1,742,400 | +0.0% |
| Improvement Value | $634,661 | $634,661 | +0.0% |
| Taxable Value | $2,377,061 | $2,377,061 | +0.0% |
| Total Tax 2026 = estimate |
~$48,646
Estimated
|
~$48,646
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $2,390,107 | $2,377,061 | -13,046 (-0.5%) |
| Taxable Value | $2,390,107 | $2,377,061 | -13,046 (-0.5%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,377,061 | $1,742,400 | $634,661 | — | $2,377,061 | $2,377,061 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $2,377,061 | $1,742,400 | $634,661 | — | $2,377,061 | $2,377,061 | ~$48,646 | Partial |
| 2024 | $2,197,283 | — | — | −$454,883 | $1,742,400 | $— | $47,167 | Verified |
| 2023 | $1,560,000 | — | — | — | $1,742,400 ! | $— | $40,058 | Verified |
| 2022 | $1,202,612 | — | — | −$549,212 | $653,400 | $— | $30,809 | Verified |
| 2021 | $1,101,600 | — | — | −$666,000 | $435,600 | $— | $26,177 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.5% | +0.5% | ~100% | Not available | Partial |
| 2025 | -0.1% | -0.1% | ~100% | Not available | Partial |
| 2024 | -5.0% | -5.0% | ~100% | 1.9800% | Verified |
| 2023 | +60.6% | +60.6% | ~100% | 1.6000% | Verified |
| 2022 | +29.7% | +29.7% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.3800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +97.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +17.6% | +21.2% | +40.9% | 2024 | +0.0% | 2026 |
| Assessment Ratio | 100.0% | 80.8% | — | 111.7% | 2023 | 39.5% | 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 |
$48,646 | $38,572 | ~$62,023 | $48,646 | 2025 | $26,177 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,881,008 | ~$2,614,767 | ~2.0139% | ~$52,660 | +21.2% |
| 2027 | ~$3,491,793 | ~$2,876,244 | ~1.9814% | ~$56,990 | +46.9% |
| 2028 | ~$4,232,068 | ~$3,163,868 | ~1.9488% | ~$61,659 | +78.0% |
| 2029 | ~$5,129,284 | ~$3,480,255 | ~1.9163% | ~$66,692 | +115.8% |
| 2030 | ~$6,216,713 | ~$3,828,281 | ~1.8837% | ~$72,115 | +161.5% |
| 2026 | ~$2,833,467 | ~$2,614,767 | ~2.0465% | ~$53,511 | +19.2% |
| 2027 | ~$3,377,504 | ~$2,876,244 | ~2.0465% | ~$58,862 | +42.1% |
| 2028 | ~$4,025,998 | ~$3,163,868 | ~2.0465% | ~$64,748 | +69.4% |
| 2029 | ~$4,799,007 | ~$3,480,255 | ~2.0465% | ~$71,223 | +101.9% |
| 2030 | ~$5,720,436 | ~$3,828,281 | ~2.0465% | ~$78,345 | +140.7% |
| 2026 | ~$2,928,549 | ~$2,614,767 | ~1.9977% | ~$52,234 | +23.2% |
| 2027 | ~$3,607,984 | ~$2,876,244 | ~1.9488% | ~$56,053 | +51.8% |
| 2028 | ~$4,445,052 | ~$3,163,868 | ~1.9000% | ~$60,114 | +87.0% |
| 2029 | ~$5,476,322 | ~$3,480,255 | ~1.8512% | ~$64,426 | +130.4% |
| 2030 | ~$6,746,851 | ~$3,828,281 | ~1.8024% | ~$69,000 | +183.8% |
In 2025, this property's market value of $2,377,061 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +68% 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 | $2,377,061 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $2,197,283 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $1,560,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $1,202,612 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $1,101,600 | $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.