1520 E RUNDBERG LN TX 78753
| Owner | QT SOUTH LLC |
|---|---|
| Parcel ID | 0237230230 |
| Short ID | 943092 |
| Type | Real |
| Use Code | 48 Convenience Store |
| Valuation | Income |
| Improvement SF | 4,840 SF |
| Land SF | 86,031 SF |
| Acres | 1.975 |
| Year Built | 2023 |
| Legal | LOT 1 RUNDBERG-CAMERON MARKET SUBD |
| Neighborhood | 1NE1 |
| Land | $619,423 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $619,423 |
| Improvement | $1,339,487 |
|---|---|
| Total Improvement | $1,339,487 |
| Market | $1,958,910 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,958,910 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,958,910 |
| Taxable Value | $1,958,910 |
|---|
Appreciation: Market value has risen +211.6% from $628,638 (2024) to $1,958,910 (2025), a CAGR of 211.6% over 1 year. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2024→2025), 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 fell -1.5%, 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 $43,149. 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 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 32% of market value ($619,423 land vs $1,339,487 improvements), about $7/SF of land. Most value sits in the improvements, so building condition, age (~3 yrs), and rent roll drive the underwriting.
Submarket Position: At $1,958,910, this parcel sits in the upper-middle (50th–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 +211.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $575,550,918 by 2030, with an estimated annual tax burden around $59,069. 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.
3 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 52,941 SF | ✗ |
| 501 | CANOPY | 6,504 SF | ✗ |
| 1ST | 1st Floor | 4,840 SF | ✓ |
Market value changed by 118% in 2024, 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% | $21,183.65 | $21,183.65 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $10,265.02 | $10,265.02 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $7,362.47 | $7,362.47 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,311.96 | $2,311.96 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,025.51 | $2,025.51 | Paid |
| Combined Rate | 2.4670% | 2.3303% | 2.0358% | 2.1127% | 2.2027% | +0.0900% | $43,148.61 | $43,148.61 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,958,910 | $1,958,910 | +0.0% |
| Assessed Value | $1,958,910 | $1,958,910 | +0.0% |
| Land Value | $619,423 | $619,423 | +0.0% |
| Improvement Value | $1,339,487 | $1,339,487 | +0.0% |
| Taxable Value | $1,958,910 | $1,958,910 | +0.0% |
| Total Tax 2026 = estimate |
~$43,149
Estimated
|
~$43,149
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,998,692 | $1,958,910 | -39,782 (-2.0%) |
| Taxable Value | $1,998,692 | $1,958,910 | -39,782 (-2.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,958,910 | $619,423 | $1,339,487 | — | $1,958,910 | $1,958,910 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,958,910 | $619,423 | $1,339,487 | — | $1,958,910 | $1,958,910 | ~$43,149 | Partial |
| 2024 | $628,638 | — | — | −$9,215 | $619,423 | $— | $31,157 | Verified |
| 2023 | $— | — | — | — | $619,423 | $— | $12,798 | Verified |
| 2022 | $— | — | — | — | $495,539 | $— | $11,548 | Verified |
| 2021 | $— | — | — | — | $495,539 | $— | $12,225 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +2.0% | +2.0% | ~100% | Not available | Partial |
| 2025 | +32.8% | +32.8% | ~100% | Not available | Partial |
| 2024 | +118.2% ! | +118.2% | ~100% | 2.1100% | Verified |
| 2023 | +36.4% | +36.4% | ~100% | 1.8900% | Verified |
| 2022 | +0.0% | +0.0% | ~100% | 2.3300% | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +295.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +105.8% | +211.6% | +211.6% | 2025 | +0.0% | 2026 |
| Assessment Ratio | 100.0% | 99.5% | — | 100.0% | 2025 | 98.5% | 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 |
$43,149 | $37,153 | ~$52,409 | $43,149 | 2025 | $31,157 | 2024 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$6,104,194 | ~$2,154,801 | ~2.1366% | ~$46,040 | +211.6% |
| 2027 | ~$19,021,387 | ~$2,370,281 | ~2.0705% | ~$49,078 | +871.0% |
| 2028 | ~$59,272,882 | ~$2,607,309 | ~2.0045% | ~$52,263 | +2925.8% |
| 2029 | ~$184,701,277 | ~$2,868,040 | ~1.9384% | ~$55,594 | +9328.8% |
| 2030 | ~$575,550,918 | ~$3,154,844 | ~1.8723% | ~$59,069 | +29281.2% |
| 2026 | ~$6,065,016 | ~$2,154,801 | ~2.2027% | ~$47,463 | +209.6% |
| 2027 | ~$18,778,003 | ~$2,370,281 | ~2.2027% | ~$52,210 | +858.6% |
| 2028 | ~$58,138,908 | ~$2,607,309 | ~2.2027% | ~$57,431 | +2867.9% |
| 2029 | ~$180,004,902 | ~$2,868,040 | ~2.2027% | ~$63,174 | +9089.0% |
| 2030 | ~$557,316,365 | ~$3,154,844 | ~2.2027% | ~$69,491 | +28350.3% |
| 2026 | ~$6,143,372 | ~$2,154,801 | ~2.1036% | ~$45,328 | +213.6% |
| 2027 | ~$19,266,339 | ~$2,370,281 | ~2.0045% | ~$47,511 | +883.5% |
| 2028 | ~$60,421,506 | ~$2,607,309 | ~1.9054% | ~$49,678 | +2984.4% |
| 2029 | ~$189,488,954 | ~$2,868,040 | ~1.8062% | ~$51,804 | +9573.2% |
| 2030 | ~$594,259,663 | ~$3,154,844 | ~1.7071% | ~$53,857 | +30236.2% |
In 2025, this property's market value of $1,958,910 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +38% above 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 | $1,958,910 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $628,638 | $661,016 | $1,438,465 | $3,471,171 | ↓ Bottom 25% | +0.0% |
| 2023 | — | $667,828 | $1,414,358 | $3,374,900 | — | +9.7% |
| 2022 | — | $553,066 | $1,215,730 | $2,939,150 | — | +3.3% |
| 2021 | — | $517,750 | $1,142,600 | $2,780,453 | — | 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.