3512 DUKE RD TX 78724
| Owner | TOMPKINS DONALD ROY III |
|---|---|
| Parcel ID | 0227280201 |
| Short ID | 228449 |
| Type | Real |
| Use Code | 61 Warehouse (<20,000 SF) |
| Valuation | Cost |
| Improvement SF | 9,392 SF |
| Land SF | 14,982 SF |
| Acres | 0.344 |
| Year Built | 1983 |
| Legal | LOT 1 BLK B SPRING CREEK COMMERCIAL PARK |
| Neighborhood | 61FEA |
| Land | $82,401 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $82,401 |
| Improvement | $288,804 |
|---|---|
| Total Improvement | $288,804 |
| Market | $371,205 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $371,205 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $371,205 |
| Taxable Value | $371,205 |
|---|
Appreciation: Market value has risen +34.8% from $275,394 (2021) to $371,205 (2025), a CAGR of 7.7% over 4 years. This represents moderate, steady growth. Most of this growth came in a single year (2023→2024), 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 1.5491% in 2025 (+0.0149% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $5,750. 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 22% of market value ($82,401 land vs $288,804 improvements), about $6/SF of land. Most value sits in the improvements, so building condition, age (~43 yrs), and rent roll drive the underwriting.
Submarket Position: At $371,205, 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 +7.8% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $539,123 by 2030, with an estimated annual tax burden around $7,229. 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 | 9,392 SF | ✓ |
| 093 | HVAC COMMRCL SF | 7,544 SF | ✗ |
| 551 | PAVED AREA | 1,890 SF | ✗ |
| 881 | COMMCL FINISHOUT | 1,848 SF | ✓ |
| 328 | MEZZ COMM (STG) | 488 SF | ✓ |
| 501 | CANOPY | 400 SF | ✗ |
| 541 | FENCE COMM LF | 80 SF | ✗ |
Market value changed by 113% 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% | $3,434.39 | $3,434.39 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,395.16 | $1,395.16 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $438.11 | $438.11 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $383.83 | $383.83 | Paid |
| E04 Travis County ESD # 04 | 0.0800% | 0.0600% | 0.0400% | 0.0300% | 0.0266% | -0.0034% | $98.74 | $98.74 | Paid |
| Combined Rate | 1.7157% | 1.5722% | 1.4034% | 1.5342% | 1.5491% | +0.0149% | $5,750.23 | $5,750.23 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $453,479 | $371,205 | +22.2% |
| Assessed Value | $445,446 | $371,205 | +20.0% |
| Land Value | $82,401 | $82,401 | +0.0% |
| Improvement Value | $371,078 | $288,804 | +28.5% |
| Taxable Value | $445,446 | $371,205 | +20.0% |
| HS Cap Loss | -$8,033 | — | |
| Total Tax 2026 = estimate |
~$6,900
Estimated
|
~$5,750
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $791,170 | $453,479 | -337,691 (-42.7%) |
| Taxable Value | $445,446 | $445,446 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $453,479 | $82,401 | $371,078 | −$8,033 | $445,446 | $445,446 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $371,205 | $82,401 | $288,804 | — | $371,205 | $371,205 | ~$5,750 | Partial |
| 2024 | $404,024 | — | — | −$321,623 | $82,401 | $— | $5,648 | Verified |
| 2023 | $299,277 | — | — | −$216,876 | $82,401 | $— | $5,670 | Verified |
| 2022 | $278,670 | — | — | −$196,269 | $82,401 | $— | $4,705 | Verified |
| 2021 | $275,394 | — | — | −$192,993 | $82,401 | $— | $4,781 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +113.1% ! | +20.0% | 56.3% | Not available | Partial |
| 2025 | +0.8% | +0.8% | ~100% | Not available | Partial |
| 2024 | -12.1% | -12.1% | ~100% | 1.5300% | Verified |
| 2023 | +39.9% | +39.9% | ~100% | 1.3500% | Verified |
| 2022 | +7.4% | +7.4% | ~100% | 1.5700% | Verified |
| 2021 | base year | — | ~100% | 1.7400% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +33.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +22.2% | +11.5% | +3.8% | +35.0% | 2024 | -8.1% | 2025 |
| Assessment Ratio | 98.2% | 50.9% | — | 100.0% | 2025 | 20.4% | 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 |
$5,750 | $5,311 | ~$6,621 | $5,750 | 2025 | $4,705 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$399,971 | ~$399,971 | ~1.5074% | ~$6,029 | +7.7% |
| 2027 | ~$430,966 | ~$430,966 | ~1.4658% | ~$6,317 | +16.1% |
| 2028 | ~$464,364 | ~$464,364 | ~1.4241% | ~$6,613 | +25.1% |
| 2029 | ~$500,349 | ~$500,349 | ~1.3825% | ~$6,917 | +34.8% |
| 2030 | ~$539,123 | ~$539,123 | ~1.3408% | ~$7,229 | +45.2% |
| 2026 | ~$392,547 | ~$392,547 | ~1.5491% | ~$6,081 | +5.7% |
| 2027 | ~$415,116 | ~$415,116 | ~1.5491% | ~$6,430 | +11.8% |
| 2028 | ~$438,983 | ~$438,983 | ~1.5491% | ~$6,800 | +18.3% |
| 2029 | ~$464,222 | ~$464,222 | ~1.5491% | ~$7,191 | +25.1% |
| 2030 | ~$490,912 | ~$490,912 | ~1.5491% | ~$7,605 | +32.2% |
| 2026 | ~$407,395 | ~$407,395 | ~1.4866% | ~$6,056 | +9.7% |
| 2027 | ~$447,114 | ~$447,114 | ~1.4241% | ~$6,367 | +20.4% |
| 2028 | ~$490,705 | ~$490,705 | ~1.3616% | ~$6,682 | +32.2% |
| 2029 | ~$538,545 | ~$538,545 | ~1.2992% | ~$6,997 | +45.1% |
| 2030 | ~$591,050 | ~$591,050 | ~1.2367% | ~$7,309 | +59.2% |
In 2025, this property's market value of $371,205 places it in the bottom 25% for Commercial properties in Travis County (13608 comparable) — -74% 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 | $371,205 | $649,268 | $1,417,484 | $3,347,260 | ↓ Bottom 25% | -0.8% |
| 2024 | $404,024 | $661,016 | $1,438,465 | $3,471,171 | ↓ Bottom 25% | +0.0% |
| 2023 | $299,277 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $278,670 | $553,066 | $1,215,730 | $2,939,150 | ↓ Bottom 25% | +3.3% |
| 2021 | $275,394 | $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.