3414 DUKE RD TX 78724
| Owner | CHAW THAW LLC |
|---|---|
| Parcel ID | 0227280203 |
| Short ID | 228451 |
| Type | Real |
| Use Code | 61 Warehouse (<20,000 SF) |
| Valuation | Cost |
| Improvement SF | 4,000 SF |
| Land SF | 12,150 SF |
| Acres | 0.279 |
| Year Built | 1974 |
| Legal | LOT 3 BLK B SPRING CREEK COMMERCIAL PARK |
| Neighborhood | 61FEA |
| Land | $60,750 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $60,750 |
| Improvement | $161,397 |
|---|---|
| Total Improvement | $161,397 |
| Market | $222,147 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $222,147 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $222,147 |
| Taxable Value | $222,147 |
|---|
Appreciation: Market value has risen +31.1% from $169,485 (2021) to $222,147 (2025), a CAGR of 7.0% 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 $3,441. 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 27% of market value ($60,750 land vs $161,397 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 $222,147, 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 +7.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $311,549 by 2030, with an estimated annual tax burden around $4,177. 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 | 4,000 SF | ✗ |
| 881 | COMMCL FINISHOUT | 836 SF | ✓ |
| 591 | MASONRY TRIM SF | 400 SF | ✗ |
| 501 | CANOPY | 200 SF | ✗ |
| 541 | FENCE COMM LF | 100 SF | ✗ |
| 091 | HVAC COMMRCL TON | 2 SF | ✗ |
Market value changed by 106% 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% | $2,055.30 | $2,055.30 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $834.93 | $834.93 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $262.18 | $262.18 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $229.70 | $229.70 | Paid |
| E04 Travis County ESD # 04 | 0.0800% | 0.0600% | 0.0400% | 0.0300% | 0.0266% | -0.0034% | $59.09 | $59.09 | Paid |
| Combined Rate | 1.7157% | 1.5722% | 1.4034% | 1.5342% | 1.5491% | +0.0149% | $3,441.20 | $3,441.20 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $222,147 | $222,147 | +0.0% |
| Assessed Value | $222,147 | $222,147 | +0.0% |
| Land Value | $60,750 | $60,750 | +0.0% |
| Improvement Value | $161,397 | $161,397 | +0.0% |
| Taxable Value | $222,147 | $222,147 | +0.0% |
| Total Tax 2026 = estimate |
~$3,441
Estimated
|
~$3,441
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $457,906 | $222,147 | -235,759 (-51.5%) |
| Taxable Value | $266,576 | $222,147 | -44,429 (-16.7%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $222,147 | $60,750 | $161,397 | — | $222,147 | $222,147 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $222,147 | $60,750 | $161,397 | — | $222,147 | $222,147 | ~$3,441 | Partial |
| 2024 | $248,044 | — | — | −$187,294 | $60,750 | $— | $3,376 | Verified |
| 2023 | $179,941 | — | — | −$119,191 | $60,750 | $— | $3,481 | Verified |
| 2022 | $171,731 | — | — | −$110,981 | $60,750 | $— | $2,829 | Verified |
| 2021 | $169,485 | — | — | −$108,735 | $60,750 | $— | $2,946 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +106.1% ! | +20.0% | 58.2% | Not available | Partial |
| 2025 | +0.9% | +0.9% | ~100% | Not available | Partial |
| 2024 | -11.3% | -11.3% | ~100% | 1.5300% | Verified |
| 2023 | +37.8% | +37.8% | ~100% | 1.4000% | Verified |
| 2022 | +4.8% | +4.8% | ~100% | 1.5700% | Verified |
| 2021 | base year | — | ~100% | 1.7400% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +29.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +6.7% | +7.0% | +37.8% | 2024 | -10.4% | 2025 |
| Assessment Ratio | 100.0% | 54.9% | — | 100.0% | 2025 | 24.5% | 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 |
$3,441 | $3,215 | ~$3,878 | $3,481 | 2023 | $2,829 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$237,694 | ~$237,694 | ~1.5074% | ~$3,583 | +7.0% |
| 2027 | ~$254,329 | ~$254,329 | ~1.4658% | ~$3,728 | +14.5% |
| 2028 | ~$272,127 | ~$272,127 | ~1.4241% | ~$3,875 | +22.5% |
| 2029 | ~$291,172 | ~$291,172 | ~1.3825% | ~$4,025 | +31.1% |
| 2030 | ~$311,549 | ~$311,549 | ~1.3408% | ~$4,177 | +40.2% |
| 2026 | ~$233,251 | ~$233,251 | ~1.5491% | ~$3,613 | +5.0% |
| 2027 | ~$244,910 | ~$244,910 | ~1.5491% | ~$3,794 | +10.2% |
| 2028 | ~$257,151 | ~$257,151 | ~1.5491% | ~$3,983 | +15.8% |
| 2029 | ~$270,005 | ~$270,005 | ~1.5491% | ~$4,183 | +21.5% |
| 2030 | ~$283,501 | ~$283,501 | ~1.5491% | ~$4,392 | +27.6% |
| 2026 | ~$242,137 | ~$242,137 | ~1.4866% | ~$3,600 | +9.0% |
| 2027 | ~$263,925 | ~$263,925 | ~1.4241% | ~$3,759 | +18.8% |
| 2028 | ~$287,674 | ~$287,674 | ~1.3616% | ~$3,917 | +29.5% |
| 2029 | ~$313,560 | ~$313,560 | ~1.2992% | ~$4,074 | +41.1% |
| 2030 | ~$341,776 | ~$341,776 | ~1.2367% | ~$4,227 | +53.9% |
In 2025, this property's market value of $222,147 places it in the bottom 25% for Commercial properties in Travis County (13608 comparable) — -84% 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 | $222,147 | $649,268 | $1,417,484 | $3,347,260 | ↓ Bottom 25% | -0.8% |
| 2024 | $248,044 | $661,016 | $1,438,465 | $3,471,171 | ↓ Bottom 25% | +0.0% |
| 2023 | $179,941 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $171,731 | $553,066 | $1,215,730 | $2,939,150 | ↓ Bottom 25% | +3.3% |
| 2021 | $169,485 | $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.