3408 DUKE RD TX 78724
| Owner | TOMPKINS DONALD ROY III |
|---|---|
| Parcel ID | 0227280206 |
| Short ID | 228454 |
| Type | Real |
| Use Code | 61 Warehouse (<20,000 SF) |
| Valuation | Cost |
| Improvement SF | 3,000 SF |
| Land SF | 12,150 SF |
| Acres | 0.279 |
| Year Built | 1980 |
| Legal | LOT 6 BLK B SPRING CREEK COMMERCIAL PARK |
| Neighborhood | 61FEA |
| Land | $60,750 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $60,750 |
| Improvement | $134,520 |
|---|---|
| Total Improvement | $134,520 |
| Market | $195,270 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $195,270 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $195,270 |
| Taxable Value | $195,270 |
|---|
Appreciation: Market value has risen +24.3% from $157,141 (2021) to $195,270 (2025), a CAGR of 5.6% 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 $3,025. 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 31% of market value ($60,750 land vs $134,520 improvements), about $5/SF of land. Most value sits in the improvements, so building condition, age (~46 yrs), and rent roll drive the underwriting.
Submarket Position: At $195,270, 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 +5.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $256,193 by 2030, with an estimated annual tax burden around $3,435. 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.
4 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 3,750 SF | ✗ |
| 1ST | 1st Floor | 3,000 SF | ✓ |
| 881 | COMMCL FINISHOUT | 512 SF | ✓ |
| 541 | FENCE COMM LF | 200 SF | ✗ |
Market value changed by 101% 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% | $1,806.64 | $1,806.64 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $733.91 | $733.91 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $230.46 | $230.46 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $201.91 | $201.91 | Paid |
| E04 Travis County ESD # 04 | 0.0800% | 0.0600% | 0.0400% | 0.0300% | 0.0266% | -0.0034% | $51.94 | $51.94 | Paid |
| Combined Rate | 1.7157% | 1.5722% | 1.4034% | 1.5342% | 1.5491% | +0.0149% | $3,024.86 | $3,024.86 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $195,270 | $195,270 | +0.0% |
| Assessed Value | $195,270 | $195,270 | +0.0% |
| Land Value | $60,750 | $60,750 | +0.0% |
| Improvement Value | $134,520 | $134,520 | +0.0% |
| Taxable Value | $195,270 | $195,270 | +0.0% |
| Total Tax 2026 = estimate |
~$3,025
Estimated
|
~$3,025
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $392,241 | $195,270 | -196,971 (-50.2%) |
| Taxable Value | $234,324 | $195,270 | -39,054 (-16.7%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $195,270 | $60,750 | $134,520 | — | $195,270 | $195,270 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $195,270 | $60,750 | $134,520 | — | $195,270 | $195,270 | ~$3,025 | Partial |
| 2024 | $217,666 | — | — | −$156,916 | $60,750 | $— | $2,967 | Verified |
| 2023 | $159,197 | — | — | −$98,447 | $60,750 | $— | $3,055 | Verified |
| 2022 | $159,197 | — | — | −$98,447 | $60,750 | $— | $2,503 | Verified |
| 2021 | $157,141 | — | — | −$96,391 | $60,750 | $— | $2,731 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +100.9% ! | +20.0% | 59.7% | Not available | Partial |
| 2025 | +1.0% | +1.0% | ~100% | Not available | Partial |
| 2024 | -11.2% | -11.2% | ~100% | 1.5300% | Verified |
| 2023 | +36.7% | +36.7% | ~100% | 1.4000% | 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): +22.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +5.5% | +5.6% | +36.7% | 2024 | -10.3% | 2025 |
| Assessment Ratio | 100.0% | 57.2% | — | 100.0% | 2025 | 27.9% | 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 |
$3,025 | $2,856 | ~$3,272 | $3,055 | 2023 | $2,503 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$206,168 | ~$206,168 | ~1.5074% | ~$3,108 | +5.6% |
| 2027 | ~$217,675 | ~$217,675 | ~1.4658% | ~$3,191 | +11.5% |
| 2028 | ~$229,824 | ~$229,824 | ~1.4241% | ~$3,273 | +17.7% |
| 2029 | ~$242,651 | ~$242,651 | ~1.3825% | ~$3,355 | +24.3% |
| 2030 | ~$256,193 | ~$256,193 | ~1.3408% | ~$3,435 | +31.2% |
| 2026 | ~$202,263 | ~$202,263 | ~1.5491% | ~$3,133 | +3.6% |
| 2027 | ~$209,506 | ~$209,506 | ~1.5491% | ~$3,245 | +7.3% |
| 2028 | ~$217,009 | ~$217,009 | ~1.5491% | ~$3,362 | +11.1% |
| 2029 | ~$224,781 | ~$224,781 | ~1.5491% | ~$3,482 | +15.1% |
| 2030 | ~$232,830 | ~$232,830 | ~1.5491% | ~$3,607 | +19.2% |
| 2026 | ~$210,074 | ~$210,074 | ~1.4866% | ~$3,123 | +7.6% |
| 2027 | ~$226,000 | ~$226,000 | ~1.4241% | ~$3,218 | +15.7% |
| 2028 | ~$243,133 | ~$243,133 | ~1.3616% | ~$3,311 | +24.5% |
| 2029 | ~$261,566 | ~$261,566 | ~1.2992% | ~$3,398 | +34.0% |
| 2030 | ~$281,395 | ~$281,395 | ~1.2367% | ~$3,480 | +44.1% |
In 2025, this property's market value of $195,270 places it in the bottom 25% for Commercial properties in Travis County (13608 comparable) — -86% 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 | $195,270 | $649,268 | $1,417,484 | $3,347,260 | ↓ Bottom 25% | -0.8% |
| 2024 | $217,666 | $661,016 | $1,438,465 | $3,471,171 | ↓ Bottom 25% | +0.0% |
| 2023 | $159,197 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $159,197 | $553,066 | $1,215,730 | $2,939,150 | ↓ Bottom 25% | +3.3% |
| 2021 | $157,141 | $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.