7817 ROCKWOOD LN TX 78757
| Owner | ROCKWOOD RETAIL LLC |
|---|---|
| Parcel ID | 0239040208 |
| Short ID | 362175 |
| Type | Real |
| Use Code | 43 Strip Center (>10,000 SF) |
| Valuation | Income |
| Improvement SF | 11,832 SF |
| Land SF | 21,910 SF |
| Acres | 0.503 |
| Year Built | 2004 |
| Legal | LOT 1 NORTHCROSS PARK RESUB OF LOT 5-C |
| Neighborhood | 43CEN |
| Land | $749,322 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $749,322 |
| Improvement | $396,264 |
|---|---|
| Total Improvement | $396,264 |
| Market | $1,145,586 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,145,586 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,145,586 |
| Taxable Value | $1,145,586 |
|---|
Appreciation: Market value has fallen -28.1% from $1,594,000 (2021) to $1,145,586 (2025), a CAGR of -7.9% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2021→2022), 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 2.0465% in 2025 (+0.0647% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $23,444. Austin ISD is the largest single contributor, at 45.2% 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 65% of market value ($749,322 land vs $396,264 improvements), about $34/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $1,145,586, this parcel sits in the lower-middle (25th–50th 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 -7.9% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $758,057 by 2030, with an estimated annual tax burden around $14,280. 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.
8 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 8,500 SF | ✗ |
| 1ST | 1st Floor | 4,376 SF | ✓ |
| 2ND | 2nd Floor | 3,728 SF | ✓ |
| 3RD | 3rd Floor | 3,728 SF | ✓ |
| 501 | CANOPY | 255 SF | ✗ |
| 511 | DECK | 120 SF | ✗ |
| 413 | STAIRWAY EXT | 2 SF | ✓ |
| 276 | ELEVATOR COM PAS | 1 SF | ✓ |
Market value changed by 79% 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% | $10,598.96 | $10,598.96 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $6,003.07 | $6,003.07 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $4,305.63 | $4,305.63 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,352.05 | $1,352.05 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,184.54 | $1,184.54 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $23,444.25 | $23,444.25 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,145,586 | $1,145,586 | +0.0% |
| Assessed Value | $1,145,586 | $1,145,586 | +0.0% |
| Land Value | $749,322 | $749,322 | +0.0% |
| Improvement Value | $396,264 | $396,264 | +0.0% |
| Taxable Value | $1,145,586 | $1,145,586 | +0.0% |
| Total Tax 2026 = estimate |
~$23,444
Estimated
|
~$23,444
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $2,052,642 | $1,145,586 | -907,056 (-44.2%) |
| Taxable Value | $1,374,703 | $1,145,586 | -229,117 (-16.7%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,145,586 | $749,322 | $396,264 | — | $1,145,586 | $1,145,586 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,145,586 | $749,322 | $396,264 | — | $1,145,586 | $1,145,586 | ~$23,444 | Partial |
| 2024 | $1,145,586 | — | — | −$396,264 | $749,322 | $— | $22,703 | Verified |
| 2023 | $1,042,110 | — | — | −$292,788 | $749,322 | $— | $20,726 | Verified |
| 2022 | $1,259,000 | — | — | −$509,678 | $749,322 | $— | $20,581 | Verified |
| 2021 | $1,594,000 | — | — | −$844,678 | $749,322 | $— | $27,404 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +79.2% ! | +20.0% | 67.0% | Not available | Partial |
| 2025 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2024 | +0.0% | +0.0% | ~100% | 1.9800% | Verified |
| 2023 | +9.9% | +9.9% | ~100% | 1.8100% | Verified |
| 2022 | -17.2% | -17.2% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 1.7200% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -9.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | -5.7% | -7.9% | +9.9% | 2024 | -21.0% | 2022 |
| Assessment Ratio | 100.0% | 74.0% | — | 100.0% | 2025 | 47.0% | 2021 |
| Effective Tax Rate (2025) | 2.0500% | 2.0500% | — | 2.0500% | 2025 | 2.0500% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$23,444 | $22,972 | ~$17,594 | $27,404 | 2021 | $20,581 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,054,782 | ~$1,054,782 | ~2.0139% | ~$21,243 | -7.9% |
| 2027 | ~$971,175 | ~$971,175 | ~1.9814% | ~$19,243 | -15.2% |
| 2028 | ~$894,195 | ~$894,195 | ~1.9488% | ~$17,426 | -21.9% |
| 2029 | ~$823,317 | ~$823,317 | ~1.9163% | ~$15,777 | -28.1% |
| 2030 | ~$758,057 | ~$758,057 | ~1.8837% | ~$14,280 | -33.8% |
| 2026 | ~$1,088,307 | ~$1,088,307 | ~2.0465% | ~$22,272 | -5.0% |
| 2027 | ~$1,033,891 | ~$1,033,891 | ~2.0465% | ~$21,158 | -9.8% |
| 2028 | ~$982,197 | ~$982,197 | ~2.0465% | ~$20,101 | -14.3% |
| 2029 | ~$933,087 | ~$933,087 | ~2.0465% | ~$19,095 | -18.5% |
| 2030 | ~$886,433 | ~$886,433 | ~2.0465% | ~$18,141 | -22.6% |
| 2026 | ~$1,077,693 | ~$1,077,693 | ~1.9977% | ~$21,529 | -5.9% |
| 2027 | ~$1,013,824 | ~$1,013,824 | ~1.9488% | ~$19,758 | -11.5% |
| 2028 | ~$953,740 | ~$953,740 | ~1.9000% | ~$18,121 | -16.7% |
| 2029 | ~$897,217 | ~$897,217 | ~1.8512% | ~$16,609 | -21.7% |
| 2030 | ~$844,044 | ~$844,044 | ~1.8024% | ~$15,213 | -26.3% |
In 2025, this property's market value of $1,145,586 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -19% 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 | $1,145,586 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $1,145,586 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $1,042,110 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $1,259,000 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $1,594,000 | $517,750 | $1,142,600 | $2,780,453 | ↑ Above 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.