8505 SPRINGDALE RD TX 78754
| Owner | TMX FINANCE OF TEXAS INC |
|---|---|
| Parcel ID | 0229300102 |
| Short ID | 230791 |
| Type | Real |
| Use Code | 83 Service / Repair Garage |
| Valuation | Income |
| Improvement SF | 5,800 SF |
| Land SF | 16,200 SF |
| Acres | 0.372 |
| Year Built | 1968 |
| Legal | LOT 1 KING SUBD |
| Neighborhood | 83NEA |
| Land | $105,300 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $105,300 |
| Improvement | $446,106 |
|---|---|
| Total Improvement | $446,106 |
| Market | $551,406 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $551,406 |
| Value Limitation Adjustment (−) (homestead cap) | −$35,216 |
| Net Appraised (assessed) | $516,190 |
| Taxable Value | $516,190 |
|---|
Appreciation: Market value has risen +15.4% from $477,782 (2021) to $551,406 (2025), a CAGR of 3.6% over 4 years. Growth has been relatively flat for this asset class. 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 $7,996. Austin ISD is the largest single contributor, at 59.7% of the total 2025 levy.
Assessment Gap: Assessed value ($516,190) is $35,216 below market value, suggesting potential for an upward assessment in future years.
Asset Class: Commercial. No homestead exemptions apply — full market value is taxable. This is valued using the income approach, so changes in rent roll or occupancy move the appraisal more directly than they would for a cost-approach property.
Value Composition: Land carries 19% of market value ($105,300 land vs $446,106 improvements), about $6/SF of land. Most value sits in the improvements, so building condition, age (~58 yrs), and rent roll drive the underwriting.
Submarket Position: At $551,406, 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 +3.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $659,589 by 2030, with an estimated annual tax burden around $8,844. 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 | 5,800 SF | ✓ |
| SO | Sketch Only | 3,750 SF | ✗ |
| 551 | PAVED AREA | 1,600 SF | ✗ |
| 541 | FENCE COMM LF | 420 SF | ✗ |
| 327 | STORAGE COMM'L | 336 SF | ✓ |
| MEZZ | Mezzanine | 160 SF | ✓ |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| 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% | $4,775.79 | $4,775.79 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,940.07 | $1,940.07 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $609.22 | $609.22 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $533.74 | $533.74 | Paid |
| E04 Travis County ESD # 04 | 0.0800% | 0.0600% | 0.0400% | 0.0300% | 0.0266% | -0.0034% | $137.31 | $137.31 | Paid |
| Combined Rate | 1.7157% | 1.5722% | 1.4034% | 1.5342% | 1.5491% | +0.0149% | $7,996.13 | $7,996.13 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $659,521 | $551,406 | +19.6% |
| Assessed Value | $619,428 | $516,190 | +20.0% |
| Land Value | $105,300 | $105,300 | +0.0% |
| Improvement Value | $554,221 | $446,106 | +24.2% |
| Taxable Value | $619,428 | $516,190 | +20.0% |
| HS Cap Loss | -$40,093 | — | |
| Total Tax 2026 = estimate |
~$9,595
Estimated
|
~$7,996
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $659,521 | $659,521 | +0 (+0.0%) |
| Taxable Value | $619,428 | $619,428 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $659,521 | $105,300 | $554,221 | −$40,093 | $619,428 | $619,428 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $551,406 | $105,300 | $446,106 | −$35,216 | $516,190 | $516,190 | ~$7,996 | Partial |
| 2024 | $597,784 | — | — | −$492,484 | $105,300 | $— | $6,600 | Verified |
| 2023 | $510,624 | — | — | −$405,324 | $105,300 | $— | $8,390 | Verified |
| 2022 | $486,434 | — | — | −$381,134 | $105,300 | $— | $8,028 | Verified |
| 2021 | $477,782 | — | — | −$372,482 | $105,300 | $— | $8,346 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +19.6% | +20.0% | 93.9% | Not available | Partial |
| 2025 | +28.2% | +20.0% | 93.6% | Not available | Partial |
| 2024 | -28.0% | -28.0% | ~100% | 1.5300% | Verified |
| 2023 | +17.1% | +17.1% | ~100% | 1.4000% | Verified |
| 2022 | +5.0% | +5.0% | ~100% | 1.5700% | Verified |
| 2021 | base year | — | ~100% | 1.7500% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +13.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +19.6% | +7.1% | +0.2% | +19.6% | 2026 | -7.8% | 2025 |
| Assessment Ratio | 93.9% | 44.9% | — | 93.9% | 2026 | 17.6% | 2024 |
| Effective Tax Rate (2025) | 1.4500% | 1.4500% | — | 1.4500% | 2025 | 1.4500% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$7,996 | $7,872 | ~$8,726 | $8,390 | 2023 | $6,600 | 2024 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$571,521 | ~$567,809 | ~1.5074% | ~$8,559 | +3.6% |
| 2027 | ~$592,369 | ~$592,369 | ~1.4658% | ~$8,683 | +7.4% |
| 2028 | ~$613,978 | ~$613,978 | ~1.4241% | ~$8,744 | +11.3% |
| 2029 | ~$636,375 | ~$636,375 | ~1.3825% | ~$8,798 | +15.4% |
| 2030 | ~$659,589 | ~$659,589 | ~1.3408% | ~$8,844 | +19.6% |
| 2026 | ~$560,493 | ~$560,493 | ~1.5491% | ~$8,682 | +1.6% |
| 2027 | ~$569,729 | ~$569,729 | ~1.5491% | ~$8,825 | +3.3% |
| 2028 | ~$579,117 | ~$579,117 | ~1.5491% | ~$8,971 | +5.0% |
| 2029 | ~$588,660 | ~$588,660 | ~1.5491% | ~$9,119 | +6.8% |
| 2030 | ~$598,361 | ~$598,361 | ~1.5491% | ~$9,269 | +8.5% |
| 2026 | ~$582,549 | ~$567,809 | ~1.4866% | ~$8,441 | +5.6% |
| 2027 | ~$615,450 | ~$615,450 | ~1.4241% | ~$8,765 | +11.6% |
| 2028 | ~$650,210 | ~$650,210 | ~1.3616% | ~$8,853 | +17.9% |
| 2029 | ~$686,933 | ~$686,933 | ~1.2992% | ~$8,924 | +24.6% |
| 2030 | ~$725,731 | ~$725,731 | ~1.2367% | ~$8,975 | +31.6% |
In 2025, this property's market value of $551,406 places it in the bottom 25% for Commercial properties in Travis County (13608 comparable) — -61% 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 | $551,406 | $649,268 | $1,417,484 | $3,347,260 | ↓ Bottom 25% | -0.8% |
| 2024 | $597,784 | $661,016 | $1,438,465 | $3,471,171 | ↓ Bottom 25% | +0.0% |
| 2023 | $510,624 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $486,434 | $553,066 | $1,215,730 | $2,939,150 | ↓ Bottom 25% | +3.3% |
| 2021 | $477,782 | $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.