1600 DUNGAN LN TX 78754
| Owner | PAGO INTERESTS DUNGAN LANE LTD |
|---|---|
| Parcel ID | 0237230102 |
| Short ID | 240683 |
| Type | Real |
| Use Code | 61 Warehouse (<20,000 SF) |
| Valuation | Cost |
| Improvement SF | 34,680 SF |
| Land SF | 122,752 SF |
| Acres | 2.818 |
| Year Built | 2020 |
| Legal | LOT 1 PAGO SUBD |
| Neighborhood | 64NEA |
| Land | $613,760 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $613,760 |
| Improvement | $3,886,240 |
|---|---|
| Total Improvement | $3,886,240 |
| Market | $4,500,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $4,500,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $4,500,000 |
| Taxable Value | $4,500,000 |
|---|
Appreciation: Market value has risen +633.2% from $613,760 (2021) to $4,500,000 (2025), a CAGR of 64.6% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2022→2023), 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 2.2027% in 2025 (+0.0900% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $99,121. Manor ISD is the largest single contributor, at 49.1% 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 14% of market value ($613,760 land vs $3,886,240 improvements), about $5/SF of land. Most value sits in the improvements, so building condition, age (~6 yrs), and rent roll drive the underwriting.
Submarket Position: At $4,500,000, this parcel sits in the top quartile (≥75th 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 +64.5% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $54,291,261 by 2030, with an estimated annual tax burden around $135,692. 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 | 51,432 SF | ✗ |
| 1ST | 1st Floor | 26,400 SF | ✓ |
| 881 | COMMCL FINISHOUT | 16,560 SF | ✓ |
| 2ND | 2nd Floor | 8,280 SF | ✓ |
| 591 | MASONRY TRIM SF | 4,000 SF | ✗ |
| 501 | CANOPY | 740 SF | ✗ |
| 437 | FENCE MASON LF | 390 SF | ✗ |
Market value changed by 155% in 2022, 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 |
|---|---|---|---|---|---|---|---|---|---|
| IMA Manor ISD | 1.3520% | 1.3520% | 1.0861% | 1.0814% | 1.0814% | +0.0000% | $48,663.00 | $48,663.00 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $23,580.77 | $23,580.77 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $16,913.03 | $16,913.03 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $5,311.04 | $5,311.04 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $4,653.00 | $4,653.00 | Paid |
| Combined Rate | 2.4670% | 2.3303% | 2.0358% | 2.1127% | 2.2027% | +0.0900% | $99,120.84 | $99,120.84 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $4,500,000 | $4,500,000 | +0.0% |
| Assessed Value | $4,500,000 | $4,500,000 | +0.0% |
| Land Value | $613,760 | $613,760 | +0.0% |
| Improvement Value | $3,886,240 | $3,886,240 | +0.0% |
| Taxable Value | $4,500,000 | $4,500,000 | +0.0% |
| Total Tax 2026 = estimate |
~$99,121
Estimated
|
~$99,121
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $4,892,151 | $4,500,000 | -392,151 (-8.0%) |
| Taxable Value | $4,892,151 | $4,500,000 | -392,151 (-8.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $4,500,000 | $613,760 | $3,886,240 | — | $4,500,000 | $4,500,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $4,500,000 | $613,760 | $3,886,240 | — | $4,500,000 | $4,500,000 | ~$99,121 | Partial |
| 2024 | $4,704,480 | — | — | −$4,090,720 | $613,760 | $— | $97,174 | Verified |
| 2023 | $4,584,347 | — | — | −$3,970,587 | $613,760 | $— | $95,776 | Verified |
| 2022 | $1,800,000 | — | — | −$1,186,240 | $613,760 | $— | $106,830 | Verified |
| 2021 | $613,760 | — | — | — | $613,760 | $— | $44,406 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +8.7% | +8.7% | ~100% | Not available | Partial |
| 2025 | -2.2% | -2.2% | ~100% | Not available | Partial |
| 2024 | -2.2% | -2.2% | ~100% | 2.1100% | Verified |
| 2023 | +2.6% | +2.6% | ~100% | 2.0400% | Verified |
| 2022 | +154.7% ! | +154.7% | ~100% | 2.3300% | Verified |
| 2021 | base year | — | ~100% | 7.2400% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +150.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +69.3% | +64.6% | +193.3% | 2022 | -4.3% | 2025 |
| Assessment Ratio | 100.0% | 60.1% | — | 100.0% | 2021 | 13.0% | 2024 |
| Effective Tax Rate (2025) | 2.2000% | 2.2000% | — | 2.2000% | 2025 | 2.2000% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$99,121 | $88,661 | ~$120,392 | $106,830 | 2022 | $44,406 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$7,404,845 | ~$4,950,000 | ~2.1366% | ~$105,762 | +64.6% |
| 2027 | ~$12,184,830 | ~$5,445,000 | ~2.0705% | ~$112,741 | +170.8% |
| 2028 | ~$20,050,396 | ~$5,989,500 | ~2.0045% | ~$120,057 | +345.6% |
| 2029 | ~$32,993,352 | ~$6,588,450 | ~1.9384% | ~$127,710 | +633.2% |
| 2030 | ~$54,291,261 | ~$7,247,295 | ~1.8723% | ~$135,692 | +1106.5% |
| 2026 | ~$7,314,845 | ~$4,950,000 | ~2.2027% | ~$109,033 | +62.6% |
| 2027 | ~$11,890,436 | ~$5,445,000 | ~2.2027% | ~$119,936 | +164.2% |
| 2028 | ~$19,328,156 | ~$5,989,500 | ~2.2027% | ~$131,930 | +329.5% |
| 2029 | ~$31,418,328 | ~$6,588,450 | ~2.2027% | ~$145,123 | +598.2% |
| 2030 | ~$51,071,159 | ~$7,247,295 | ~2.2027% | ~$159,635 | +1034.9% |
| 2026 | ~$7,494,845 | ~$4,950,000 | ~2.1036% | ~$104,127 | +66.6% |
| 2027 | ~$12,482,824 | ~$5,445,000 | ~2.0045% | ~$109,143 | +177.4% |
| 2028 | ~$20,790,408 | ~$5,989,500 | ~1.9054% | ~$114,121 | +362.0% |
| 2029 | ~$34,626,865 | ~$6,588,450 | ~1.8062% | ~$119,003 | +669.5% |
| 2030 | ~$57,671,779 | ~$7,247,295 | ~1.7071% | ~$123,721 | +1181.6% |
In 2025, this property's market value of $4,500,000 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 3× 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 | $4,500,000 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $4,704,480 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $4,584,347 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $1,800,000 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $613,760 | $517,750 | $1,142,600 | $2,780,453 | ↓ Below median | 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.