3406 DUKE RD TX 78724
| Owner | SOUZA JOIDEMAR E |
|---|---|
| Parcel ID | 0227280207 |
| Short ID | 228455 |
| Type | Real |
| Use Code | 61 Warehouse (<20,000 SF) |
| Valuation | Cost |
| Improvement SF | 2,400 SF |
| Land SF | 12,150 SF |
| Acres | 0.279 |
| Year Built | 1999 |
| Legal | LOT 7 BLK B SPRING CREEK COMMERCIAL PARK |
| Neighborhood | 61FEA |
| Land | $60,750 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $60,750 |
| Improvement | $93,541 |
|---|---|
| Total Improvement | $93,541 |
| Market | $154,291 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $154,291 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $154,291 |
| Taxable Value | $154,291 |
|---|
Appreciation: Market value has risen +17.4% from $131,412 (2021) to $154,291 (2025), a CAGR of 4.1% 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 $2,390. 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 39% of market value ($60,750 land vs $93,541 improvements), about $5/SF of land. Most value sits in the improvements, so building condition, age (~27 yrs), and rent roll drive the underwriting.
Submarket Position: At $154,291, 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 +4.1% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $188,570 by 2030, with an estimated annual tax burden around $2,528. 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.
2 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 2,400 SF | ✓ |
| 541 | FENCE COMM LF | 450 SF | ✗ |
Market value changed by 90% 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% | $1,427.50 | $1,427.50 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $579.90 | $579.90 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $182.10 | $182.10 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $159.54 | $159.54 | Paid |
| E04 Travis County ESD # 04 | 0.0800% | 0.0600% | 0.0400% | 0.0300% | 0.0266% | -0.0034% | $41.04 | $41.04 | Paid |
| Combined Rate | 1.7157% | 1.5722% | 1.4034% | 1.5342% | 1.5491% | +0.0149% | $2,390.08 | $2,390.08 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $292,426 | $154,291 | +89.5% |
| Assessed Value | $185,149 | $154,291 | +20.0% |
| Land Value | $60,750 | $60,750 | +0.0% |
| Improvement Value | $231,676 | $93,541 | +147.7% |
| Taxable Value | $185,149 | $154,291 | +20.0% |
| HS Cap Loss | -$107,277 | — | |
| Total Tax 2026 = estimate |
~$2,868
Estimated
|
~$2,390
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $292,426 | $292,426 | +0 (+0.0%) |
| Taxable Value | $185,149 | $185,149 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $292,426 | $60,750 | $231,676 | −$107,277 | $185,149 | $185,149 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $154,291 | $60,750 | $93,541 | — | $154,291 | $154,291 | ~$2,390 | Partial |
| 2024 | $171,281 | — | — | −$110,531 | $60,750 | $— | $2,342 | Verified |
| 2023 | $128,033 | — | — | −$67,283 | $60,750 | $— | $2,404 | Verified |
| 2022 | $131,138 | — | — | −$70,388 | $60,750 | $— | $2,013 | Verified |
| 2021 | $131,412 | — | — | −$70,662 | $60,750 | $— | $2,250 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +89.5% ! | +20.0% | 63.3% | Not available | Partial |
| 2025 | +1.1% | +1.1% | ~100% | Not available | Partial |
| 2024 | -10.9% | -10.9% | ~100% | 1.5300% | Verified |
| 2023 | +33.8% | +33.8% | ~100% | 1.4000% | Verified |
| 2022 | -2.4% | -2.4% | ~100% | 1.5700% | Verified |
| 2021 | base year | — | ~100% | 1.7100% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +17.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +89.5% | +22.2% | -5.7% | +89.5% | 2026 | -9.9% | 2025 |
| Assessment Ratio | 63.3% | 56.4% | — | 100.0% | 2025 | 35.5% | 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 |
$2,390 | $2,280 | ~$2,476 | $2,404 | 2023 | $2,013 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$160,608 | ~$160,608 | ~1.5074% | ~$2,421 | +4.1% |
| 2027 | ~$167,183 | ~$167,183 | ~1.4658% | ~$2,451 | +8.4% |
| 2028 | ~$174,028 | ~$174,028 | ~1.4241% | ~$2,478 | +12.8% |
| 2029 | ~$181,153 | ~$181,153 | ~1.3825% | ~$2,504 | +17.4% |
| 2030 | ~$188,570 | ~$188,570 | ~1.3408% | ~$2,528 | +22.2% |
| 2026 | ~$157,522 | ~$157,522 | ~1.5491% | ~$2,440 | +2.1% |
| 2027 | ~$160,821 | ~$160,821 | ~1.5491% | ~$2,491 | +4.2% |
| 2028 | ~$164,189 | ~$164,189 | ~1.5491% | ~$2,543 | +6.4% |
| 2029 | ~$167,627 | ~$167,627 | ~1.5491% | ~$2,597 | +8.6% |
| 2030 | ~$171,138 | ~$171,138 | ~1.5491% | ~$2,651 | +10.9% |
| 2026 | ~$163,694 | ~$163,694 | ~1.4866% | ~$2,433 | +6.1% |
| 2027 | ~$173,670 | ~$173,670 | ~1.4241% | ~$2,473 | +12.6% |
| 2028 | ~$184,253 | ~$184,253 | ~1.3616% | ~$2,509 | +19.4% |
| 2029 | ~$195,482 | ~$195,482 | ~1.2992% | ~$2,540 | +26.7% |
| 2030 | ~$207,395 | ~$207,395 | ~1.2367% | ~$2,565 | +34.4% |
In 2025, this property's market value of $154,291 places it in the bottom 25% for Commercial properties in Travis County (13608 comparable) — -89% 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 | $154,291 | $649,268 | $1,417,484 | $3,347,260 | ↓ Bottom 25% | -0.8% |
| 2024 | $171,281 | $661,016 | $1,438,465 | $3,471,171 | ↓ Bottom 25% | +0.0% |
| 2023 | $128,033 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $131,138 | $553,066 | $1,215,730 | $2,939,150 | ↓ Bottom 25% | +3.3% |
| 2021 | $131,412 | $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.