3404 DUKE RD TX 78724
| Owner | BASTA AJ INC |
|---|---|
| Parcel ID | 0227280208 |
| Short ID | 228456 |
| Type | Real |
| Use Code | 61 Warehouse (<20,000 SF) |
| Valuation | Cost |
| Improvement SF | 3,520 SF |
| Land SF | 12,150 SF |
| Acres | 0.279 |
| Year Built | 1975 |
| Legal | LOT 8 BLK B SPRING CREEK COMMERCIAL PARK |
| Neighborhood | 61FEA |
| Land | $60,750 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $60,750 |
| Improvement | $146,150 |
|---|---|
| Total Improvement | $146,150 |
| Market | $206,900 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $206,900 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $206,900 |
| Taxable Value | $206,900 |
|---|
Appreciation: Market value has risen +12.8% from $183,377 (2021) to $206,900 (2025), a CAGR of 3.1% over 4 years. Growth has been relatively flat for this asset class. 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 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 $3,205. 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 29% of market value ($60,750 land vs $146,150 improvements), about $5/SF of land. Most value sits in the improvements, so building condition, age (~51 yrs), and rent roll drive the underwriting.
Submarket Position: At $206,900, 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 +3.1% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $240,591 by 2030, with an estimated annual tax burden around $3,226. 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 | 3,520 SF | ✓ |
| 551 | PAVED AREA | 3,072 SF | ✗ |
| 093 | HVAC COMMRCL SF | 1,740 SF | ✗ |
| 501 | CANOPY | 672 SF | ✗ |
| 881 | COMMCL FINISHOUT | 500 SF | ✓ |
| 541 | FENCE COMM LF | 300 SF | ✗ |
| 327 | STORAGE COMM'L | 72 SF | ✓ |
Market value changed by 131% 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% | $1,914.24 | $1,914.24 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $777.62 | $777.62 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $244.19 | $244.19 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $213.93 | $213.93 | Paid |
| E04 Travis County ESD # 04 | 0.0800% | 0.0600% | 0.0400% | 0.0300% | 0.0266% | -0.0034% | $55.04 | $55.04 | Paid |
| Combined Rate | 1.7157% | 1.5722% | 1.4034% | 1.5342% | 1.5491% | +0.0149% | $3,205.02 | $3,205.02 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $233,791 | $206,900 | +13.0% |
| Assessed Value | $233,791 | $206,900 | +13.0% |
| Land Value | $60,750 | $60,750 | +0.0% |
| Improvement Value | $173,041 | $146,150 | +18.4% |
| Taxable Value | $233,791 | $206,900 | +13.0% |
| Total Tax 2026 = estimate |
~$3,622
Estimated
|
~$3,205
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $477,781 | $233,791 | -243,990 (-51.1%) |
| Taxable Value | $248,280 | $233,791 | -14,489 (-5.8%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $233,791 | $60,750 | $173,041 | — | $233,791 | $233,791 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $206,900 | $60,750 | $146,150 | — | $206,900 | $206,900 | ~$3,205 | Partial |
| 2024 | $240,000 | — | — | −$179,250 | $60,750 | $— | $3,068 | Verified |
| 2023 | $185,000 | — | — | −$124,250 | $60,750 | $— | $3,368 | Verified |
| 2022 | $185,000 | — | — | −$124,250 | $60,750 | $— | $2,909 | Verified |
| 2021 | $183,377 | — | — | −$122,627 | $60,750 | $— | $3,174 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +130.9% ! | +20.0% | 52.0% | Not available | Partial |
| 2025 | -9.4% | -9.4% | ~100% | Not available | Partial |
| 2024 | -11.3% | -11.3% | ~100% | 1.3400% | Verified |
| 2023 | +38.4% | +38.4% | ~100% | 1.3100% | Verified |
| 2022 | +0.5% | +0.5% | ~100% | 1.5600% | Verified |
| 2021 | base year | — | ~100% | 1.7300% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +11.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +13.0% | +6.0% | +0.7% | +29.7% | 2024 | -13.8% | 2025 |
| Assessment Ratio | 100.0% | 54.0% | — | 100.0% | 2025 | 25.3% | 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 |
$3,205 | $3,145 | ~$3,223 | $3,368 | 2023 | $2,909 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$213,238 | ~$213,238 | ~1.5074% | ~$3,214 | +3.1% |
| 2027 | ~$219,770 | ~$219,770 | ~1.4658% | ~$3,221 | +6.2% |
| 2028 | ~$226,502 | ~$226,502 | ~1.4241% | ~$3,226 | +9.5% |
| 2029 | ~$233,440 | ~$233,440 | ~1.3825% | ~$3,227 | +12.8% |
| 2030 | ~$240,591 | ~$240,591 | ~1.3408% | ~$3,226 | +16.3% |
| 2026 | ~$209,100 | ~$209,100 | ~1.5491% | ~$3,239 | +1.1% |
| 2027 | ~$211,323 | ~$211,323 | ~1.5491% | ~$3,274 | +2.1% |
| 2028 | ~$213,570 | ~$213,570 | ~1.5491% | ~$3,308 | +3.2% |
| 2029 | ~$215,841 | ~$215,841 | ~1.5491% | ~$3,344 | +4.3% |
| 2030 | ~$218,136 | ~$218,136 | ~1.5491% | ~$3,379 | +5.4% |
| 2026 | ~$217,376 | ~$217,376 | ~1.4866% | ~$3,231 | +5.1% |
| 2027 | ~$228,382 | ~$228,382 | ~1.4241% | ~$3,252 | +10.4% |
| 2028 | ~$239,946 | ~$239,946 | ~1.3616% | ~$3,267 | +16.0% |
| 2029 | ~$252,095 | ~$252,095 | ~1.2992% | ~$3,275 | +21.8% |
| 2030 | ~$264,859 | ~$264,859 | ~1.2367% | ~$3,275 | +28.0% |
In 2025, this property's market value of $206,900 places it in the bottom 25% for Commercial properties in Travis County (13608 comparable) — -85% 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 | $206,900 | $649,268 | $1,417,484 | $3,347,260 | ↓ Bottom 25% | -0.8% |
| 2024 | $240,000 | $661,016 | $1,438,465 | $3,471,171 | ↓ Bottom 25% | +0.0% |
| 2023 | $185,000 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $185,000 | $553,066 | $1,215,730 | $2,939,150 | ↓ Bottom 25% | +3.3% |
| 2021 | $183,377 | $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.