3404 ANDTREE BLVD TX 78724
| Owner | GTP ANDTREE LLC |
|---|---|
| Parcel ID | 0227280112 |
| Short ID | 228446 |
| Type | Real |
| Use Code | 61 Warehouse (<20,000 SF) |
| Valuation | Cost |
| Improvement SF | 4,000 SF |
| Land SF | 24,412 SF |
| Acres | 0.560 |
| Year Built | 1974 |
| Legal | LOT 10 LESS 88SF & LOT 11 BLK A SPRING CREEK COMMERCIAL PARK |
| Neighborhood | 61FEA |
| Land | $122,060 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $122,060 |
| Improvement | $180,897 |
|---|---|
| Total Improvement | $180,897 |
| Market | $302,957 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $302,957 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $302,957 |
| Taxable Value | $302,957 |
|---|
Appreciation: Market value has risen +17.7% from $257,306 (2021) to $302,957 (2025), a CAGR of 4.2% over 4 years. This represents moderate, steady growth. Most of this growth came in a single year (2025→2026), 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 lagged the broader commercial market over the same period.
Tax Burden: The combined rate across 5 taxing entities is 1.5491% in 2025 (+0.0149% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $4,693. Austin ISD is the largest single contributor, at 59.7% 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 40% of market value ($122,060 land vs $180,897 improvements), about $5/SF of land. Most value sits in the improvements, so building condition, age (~52 yrs), and rent roll drive the underwriting.
Submarket Position: At $302,957, this parcel sits in the bottom quartile (<25th 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 +4.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $371,574 by 2030, with an estimated annual tax burden around $4,982. 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 |
|---|---|---|---|
| 1ST | 1st Floor | 4,000 SF | ✓ |
| 551 | PAVED AREA | 2,400 SF | ✗ |
| 611 | TERRACE | 1,462 SF | ✗ |
| 501 | CANOPY | 910 SF | ✗ |
| 541 | FENCE COMM LF | 450 SF | ✗ |
| 881 | COMMCL FINISHOUT | 400 SF | ✓ |
| 327 | STORAGE COMM'L | 180 SF | ✓ |
Market value changed by 78% in 2026, 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% | $2,802.96 | $2,802.96 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,138.65 | $1,138.65 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $357.56 | $357.56 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $313.26 | $313.26 | Paid |
| E04 Travis County ESD # 04 | 0.0800% | 0.0600% | 0.0400% | 0.0300% | 0.0266% | -0.0034% | $80.59 | $80.59 | Paid |
| Combined Rate | 1.7157% | 1.5722% | 1.4034% | 1.5342% | 1.5491% | +0.0149% | $4,693.02 | $4,693.02 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $540,000 | $302,957 | +78.2% |
| Assessed Value | $363,548 | $302,957 | +20.0% |
| Land Value | $122,060 | $122,060 | +0.0% |
| Improvement Value | $417,940 | $180,897 | +131.0% |
| Taxable Value | $363,548 | $302,957 | +20.0% |
| HS Cap Loss | -$176,452 | — | |
| Total Tax 2026 = estimate |
~$5,632
Estimated
|
~$4,693
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $540,000 | $540,000 | +0 (+0.0%) |
| Taxable Value | $363,548 | $363,548 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $540,000 | $122,060 | $417,940 | −$176,452 | $363,548 | $363,548 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $302,957 | $122,060 | $180,897 | — | $302,957 | $302,957 | ~$4,693 | Partial |
| 2024 | $320,000 | — | — | −$197,940 | $122,060 | $— | $4,461 | Verified |
| 2023 | $260,357 | — | — | −$138,297 | $122,060 | $— | $4,505 | Verified |
| 2022 | $260,357 | — | — | −$138,297 | $122,060 | $— | $4,093 | Verified |
| 2021 | $257,306 | — | — | −$135,246 | $122,060 | $— | $4,467 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +78.2% ! | +20.0% | 67.3% | Not available | Partial |
| 2025 | +4.2% | +4.2% | ~100% | Not available | Partial |
| 2024 | -12.9% | -12.9% | ~100% | 1.5300% | Verified |
| 2023 | +28.2% | +28.2% | ~100% | 1.3500% | Verified |
| 2022 | +0.0% | +0.0% | ~100% | 1.5700% | Verified |
| 2021 | base year | — | ~100% | 1.7400% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +16.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +78.2% | +19.4% | -5.0% | +78.2% | 2026 | -5.3% | 2025 |
| Assessment Ratio | 67.3% | 57.8% | — | 100.0% | 2025 | 38.1% | 2024 |
| Effective Tax Rate (2025) | 1.5500% | 1.5500% | — | 1.5500% | 2025 | 1.5500% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$4,693 | $4,444 | ~$4,873 | $4,693 | 2025 | $4,093 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$315,583 | ~$315,583 | ~1.5074% | ~$4,757 | +4.2% |
| 2027 | ~$328,735 | ~$328,735 | ~1.4658% | ~$4,818 | +8.5% |
| 2028 | ~$342,436 | ~$342,436 | ~1.4241% | ~$4,877 | +13.0% |
| 2029 | ~$356,707 | ~$356,707 | ~1.3825% | ~$4,931 | +17.7% |
| 2030 | ~$371,574 | ~$371,574 | ~1.3408% | ~$4,982 | +22.6% |
| 2026 | ~$309,524 | ~$309,524 | ~1.5491% | ~$4,795 | +2.2% |
| 2027 | ~$316,233 | ~$316,233 | ~1.5491% | ~$4,899 | +4.4% |
| 2028 | ~$323,088 | ~$323,088 | ~1.5491% | ~$5,005 | +6.6% |
| 2029 | ~$330,091 | ~$330,091 | ~1.5491% | ~$5,113 | +9.0% |
| 2030 | ~$337,247 | ~$337,247 | ~1.5491% | ~$5,224 | +11.3% |
| 2026 | ~$321,642 | ~$321,642 | ~1.4866% | ~$4,781 | +6.2% |
| 2027 | ~$341,480 | ~$341,480 | ~1.4241% | ~$4,863 | +12.7% |
| 2028 | ~$362,541 | ~$362,541 | ~1.3616% | ~$4,936 | +19.7% |
| 2029 | ~$384,901 | ~$384,901 | ~1.2992% | ~$5,000 | +27.0% |
| 2030 | ~$408,641 | ~$408,641 | ~1.2367% | ~$5,054 | +34.9% |
In 2025, this property's market value of $302,957 places it in the bottom 25% for Commercial properties in Travis County (13608 comparable) — -79% below 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 | $302,957 | $649,268 | $1,417,484 | $3,347,260 | ↓ Bottom 25% | -0.8% |
| 2024 | $320,000 | $661,016 | $1,438,465 | $3,471,171 | ↓ Bottom 25% | +0.0% |
| 2023 | $260,357 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $260,357 | $553,066 | $1,215,730 | $2,939,150 | ↓ Bottom 25% | +3.3% |
| 2021 | $257,306 | $517,750 | $1,142,600 | $2,780,453 | ↓ Bottom 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.