3410 DUKE RD TX 78724
| Owner | ROAD WAVE LLC |
|---|---|
| Parcel ID | 0227280205 |
| Short ID | 228453 |
| Type | Real |
| Use Code | 61 Warehouse (<20,000 SF) |
| Valuation | Cost |
| Improvement SF | 5,625 SF |
| Land SF | 12,150 SF |
| Acres | 0.279 |
| Year Built | 1978 |
| Legal | LOT 5 BLK B SPRING CREEK COMMERCIAL PARK |
| Neighborhood | 61FEA |
| Land | $60,750 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $60,750 |
| Improvement | $258,144 |
|---|---|
| Total Improvement | $258,144 |
| Market | $318,894 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $318,894 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $318,894 |
| Taxable Value | $318,894 |
|---|
Appreciation: Market value has risen +30.8% from $243,856 (2021) to $318,894 (2025), a CAGR of 6.9% 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 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 $4,940. 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 19% of market value ($60,750 land vs $258,144 improvements), about $5/SF of land. Most value sits in the improvements, so building condition, age (~48 yrs), and rent roll drive the underwriting.
Submarket Position: At $318,894, 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 +6.9% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $445,951 by 2030, with an estimated annual tax burden around $5,979. 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.
6 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 5,625 SF | ✓ |
| 551 | PAVED AREA | 4,070 SF | ✗ |
| 881 | COMMCL FINISHOUT | 1,364 SF | ✓ |
| 501 | CANOPY | 300 SF | ✗ |
| 541 | FENCE COMM LF | 200 SF | ✗ |
| 407 | LOADING DOCK | 140 SF | ✓ |
Market value changed by 118% 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% | $2,950.41 | $2,950.41 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,198.55 | $1,198.55 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $376.37 | $376.37 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $329.74 | $329.74 | Paid |
| E04 Travis County ESD # 04 | 0.0800% | 0.0600% | 0.0400% | 0.0300% | 0.0266% | -0.0034% | $84.83 | $84.83 | Paid |
| Combined Rate | 1.7157% | 1.5722% | 1.4034% | 1.5342% | 1.5491% | +0.0149% | $4,939.90 | $4,939.90 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $544,125 | $318,894 | +70.6% |
| Assessed Value | $382,673 | $318,894 | +20.0% |
| Land Value | $60,750 | $60,750 | +0.0% |
| Improvement Value | $483,375 | $258,144 | +87.3% |
| Taxable Value | $382,673 | $318,894 | +20.0% |
| HS Cap Loss | -$161,452 | — | |
| Total Tax 2026 = estimate |
~$5,928
Estimated
|
~$4,940
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $696,281 | $544,125 | -152,156 (-21.9%) |
| Taxable Value | $382,673 | $382,673 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $544,125 | $60,750 | $483,375 | −$161,452 | $382,673 | $382,673 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $318,894 | $60,750 | $258,144 | — | $318,894 | $318,894 | ~$4,940 | Partial |
| 2024 | $347,703 | — | — | −$286,953 | $60,750 | $— | $4,843 | Verified |
| 2023 | $247,806 | — | — | −$187,056 | $60,750 | $— | $4,880 | Verified |
| 2022 | $247,806 | — | — | −$187,056 | $60,750 | $— | $3,896 | Verified |
| 2021 | $243,856 | — | — | −$183,106 | $60,750 | $— | $4,252 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +118.3% ! | +20.0% | 55.0% | Not available | Partial |
| 2025 | +1.0% | +1.0% | ~100% | Not available | Partial |
| 2024 | -12.4% | -12.4% | ~100% | 1.5300% | Verified |
| 2023 | +45.4% | +45.4% | ~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): +28.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +70.6% | +20.8% | -1.9% | +70.6% | 2026 | -8.3% | 2025 |
| Assessment Ratio | 70.3% | 43.6% | — | 100.0% | 2025 | 17.5% | 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 |
$4,940 | $4,562 | ~$5,557 | $4,940 | 2025 | $3,896 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$341,016 | ~$341,016 | ~1.5074% | ~$5,141 | +6.9% |
| 2027 | ~$364,672 | ~$364,672 | ~1.4658% | ~$5,345 | +14.4% |
| 2028 | ~$389,970 | ~$389,970 | ~1.4241% | ~$5,554 | +22.3% |
| 2029 | ~$417,022 | ~$417,022 | ~1.3825% | ~$5,765 | +30.8% |
| 2030 | ~$445,951 | ~$445,951 | ~1.3408% | ~$5,979 | +39.8% |
| 2026 | ~$334,638 | ~$334,638 | ~1.5491% | ~$5,184 | +4.9% |
| 2027 | ~$351,159 | ~$351,159 | ~1.5491% | ~$5,440 | +10.1% |
| 2028 | ~$368,496 | ~$368,496 | ~1.5491% | ~$5,708 | +15.6% |
| 2029 | ~$386,689 | ~$386,689 | ~1.5491% | ~$5,990 | +21.3% |
| 2030 | ~$405,780 | ~$405,780 | ~1.5491% | ~$6,286 | +27.2% |
| 2026 | ~$347,394 | ~$347,394 | ~1.4866% | ~$5,164 | +8.9% |
| 2027 | ~$378,441 | ~$378,441 | ~1.4241% | ~$5,389 | +18.7% |
| 2028 | ~$412,262 | ~$412,262 | ~1.3616% | ~$5,613 | +29.3% |
| 2029 | ~$449,106 | ~$449,106 | ~1.2992% | ~$5,835 | +40.8% |
| 2030 | ~$489,243 | ~$489,243 | ~1.2367% | ~$6,050 | +53.4% |
In 2025, this property's market value of $318,894 places it in the bottom 25% for Commercial properties in Travis County (13608 comparable) — -78% 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 | $318,894 | $649,268 | $1,417,484 | $3,347,260 | ↓ Bottom 25% | -0.8% |
| 2024 | $347,703 | $661,016 | $1,438,465 | $3,471,171 | ↓ Bottom 25% | +0.0% |
| 2023 | $247,806 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $247,806 | $553,066 | $1,215,730 | $2,939,150 | ↓ Bottom 25% | +3.3% |
| 2021 | $243,856 | $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.