3409 ANDTREE BLVD TX 78724
| Owner | SPRING CREEK COMMERCIAL INC |
|---|---|
| Parcel ID | 0227280215 |
| Short ID | 228463 |
| Type | Real |
| Use Code | 61 Warehouse (<20,000 SF) |
| Valuation | Cost |
| Improvement SF | 2,700 SF |
| Land SF | 12,070 SF |
| Acres | 0.277 |
| Year Built | 1974 |
| Legal | LOT 15 BLK B SPRING CREEK COMMERCIAL PARK |
| Neighborhood | 61FEA |
| Land | $60,350 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $60,350 |
| Improvement | $127,563 |
|---|---|
| Total Improvement | $127,563 |
| Market | $187,913 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $187,913 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $187,913 |
| Taxable Value | $187,913 |
|---|
Appreciation: Market value has risen +25.1% from $150,171 (2021) to $187,913 (2025), a CAGR of 5.8% 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 $2,911. 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 32% of market value ($60,350 land vs $127,563 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 $187,913, 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 +5.8% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $248,697 by 2030, with an estimated annual tax burden around $3,335. 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 |
|---|---|---|---|
| 551 | PAVED AREA | 3,640 SF | ✗ |
| 1ST | 1st Floor | 2,700 SF | ✓ |
| 881 | COMMCL FINISHOUT | 500 SF | ✓ |
| 591 | MASONRY TRIM SF | 360 SF | ✗ |
| 327 | STORAGE COMM'L | 320 SF | ✓ |
| 541 | FENCE COMM LF | 200 SF | ✗ |
| 501 | CANOPY | 180 SF | ✗ |
Market value changed by 99% 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% | $1,738.57 | $1,738.57 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $706.26 | $706.26 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $221.78 | $221.78 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $194.30 | $194.30 | Paid |
| E04 Travis County ESD # 04 | 0.0800% | 0.0600% | 0.0400% | 0.0300% | 0.0266% | -0.0034% | $49.98 | $49.98 | Paid |
| Combined Rate | 1.7157% | 1.5722% | 1.4034% | 1.5342% | 1.5491% | +0.0149% | $2,910.89 | $2,910.89 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $374,375 | $187,913 | +99.2% |
| Assessed Value | $225,496 | $187,913 | +20.0% |
| Land Value | $60,350 | $60,350 | +0.0% |
| Improvement Value | $314,025 | $127,563 | +146.2% |
| Taxable Value | $225,496 | $187,913 | +20.0% |
| HS Cap Loss | -$148,879 | — | |
| Total Tax 2026 = estimate |
~$3,493
Estimated
|
~$2,911
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $374,375 | $374,375 | +0 (+0.0%) |
| Taxable Value | $225,496 | $225,496 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $374,375 | $60,350 | $314,025 | −$148,879 | $225,496 | $225,496 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $187,913 | $60,350 | $127,563 | — | $187,913 | $187,913 | ~$2,911 | Partial |
| 2024 | $208,500 | — | — | −$148,150 | $60,350 | $— | $2,857 | Verified |
| 2023 | $154,805 | — | — | −$94,455 | $60,350 | $— | $2,926 | Verified |
| 2022 | $152,130 | — | — | −$91,780 | $60,350 | $— | $2,434 | Verified |
| 2021 | $150,171 | — | — | −$89,821 | $60,350 | $— | $2,610 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +99.2% ! | +20.0% | 60.2% | Not available | Partial |
| 2025 | +0.9% | +0.9% | ~100% | Not available | Partial |
| 2024 | -10.7% | -10.7% | ~100% | 1.5300% | Verified |
| 2023 | +34.7% | +34.7% | ~100% | 1.4000% | Verified |
| 2022 | +1.8% | +1.8% | ~100% | 1.5700% | Verified |
| 2021 | base year | — | ~100% | 1.7400% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +23.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +99.2% | +25.4% | -4.8% | +99.2% | 2026 | -9.9% | 2025 |
| Assessment Ratio | 60.2% | 51.3% | — | 100.0% | 2025 | 28.9% | 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 |
$2,911 | $2,748 | ~$3,166 | $2,926 | 2023 | $2,434 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$198,747 | ~$198,747 | ~1.5074% | ~$2,996 | +5.8% |
| 2027 | ~$210,205 | ~$210,205 | ~1.4658% | ~$3,081 | +11.9% |
| 2028 | ~$222,323 | ~$222,323 | ~1.4241% | ~$3,166 | +18.3% |
| 2029 | ~$235,141 | ~$235,141 | ~1.3825% | ~$3,251 | +25.1% |
| 2030 | ~$248,697 | ~$248,697 | ~1.3408% | ~$3,335 | +32.3% |
| 2026 | ~$194,988 | ~$194,988 | ~1.5491% | ~$3,020 | +3.8% |
| 2027 | ~$202,330 | ~$202,330 | ~1.5491% | ~$3,134 | +7.7% |
| 2028 | ~$209,948 | ~$209,948 | ~1.5491% | ~$3,252 | +11.7% |
| 2029 | ~$217,853 | ~$217,853 | ~1.5491% | ~$3,375 | +15.9% |
| 2030 | ~$226,055 | ~$226,055 | ~1.5491% | ~$3,502 | +20.3% |
| 2026 | ~$202,505 | ~$202,505 | ~1.4866% | ~$3,010 | +7.8% |
| 2027 | ~$218,230 | ~$218,230 | ~1.4241% | ~$3,108 | +16.1% |
| 2028 | ~$235,176 | ~$235,176 | ~1.3616% | ~$3,202 | +25.2% |
| 2029 | ~$253,437 | ~$253,437 | ~1.2992% | ~$3,293 | +34.9% |
| 2030 | ~$273,117 | ~$273,117 | ~1.2367% | ~$3,378 | +45.3% |
In 2025, this property's market value of $187,913 places it in the bottom 25% for Commercial properties in Travis County (13608 comparable) — -87% 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 | $187,913 | $649,268 | $1,417,484 | $3,347,260 | ↓ Bottom 25% | -0.8% |
| 2024 | $208,500 | $661,016 | $1,438,465 | $3,471,171 | ↓ Bottom 25% | +0.0% |
| 2023 | $154,805 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $152,130 | $553,066 | $1,215,730 | $2,939,150 | ↓ Bottom 25% | +3.3% |
| 2021 | $150,171 | $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.