850 E RUNDBERG LN TX 78753
| Owner | FIRST NETWORK LENDING LLC |
|---|---|
| Parcel ID | 0239200121 |
| Short ID | 243403 |
| Type | Real |
| Use Code | 30 Strip Center (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 8,562 SF |
| Land SF | 29,898 SF |
| Acres | 0.686 |
| Year Built | 2010 |
| Legal | LOT 1-B RESUB OF LT 1 NORTHCAPE SEC C-3 |
| Neighborhood | 30NEA |
| Land | $298,980 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $298,980 |
| Improvement | $1,352,454 |
|---|---|
| Total Improvement | $1,352,454 |
| Market | $1,651,434 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,651,434 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,651,434 |
| Taxable Value | $1,651,434 |
|---|
Appreciation: Market value has risen +28.0% from $1,289,704 (2021) to $1,651,434 (2025), a CAGR of 6.4% over 4 years. This represents moderate, steady growth. 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 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 2.0465% in 2025 (+0.0647% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $33,796. 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 18% of market value ($298,980 land vs $1,352,454 improvements), about $10/SF of land. Most value sits in the improvements, so building condition, age (~16 yrs), and rent roll drive the underwriting.
Submarket Position: At $1,651,434, 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 +6.4% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,249,444 by 2030, with an estimated annual tax burden around $42,374. 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 | 15,200 SF | ✗ |
| 1ST | 1st Floor | 8,562 SF | ✓ |
| 501 | CANOPY | 1,213 SF | ✗ |
| 611 | TERRACE | 703 SF | ✗ |
| 591 | MASONRY TRIM SF | 185 SF | ✗ |
| 437 | FENCE MASON LF | 28 SF | ✗ |
| 435 | FENCE IRON LF | 12 SF | ✗ |
| 482 | LIGHT POLES | 2 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% | $15,279.07 | $15,279.07 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $8,653.79 | $8,653.79 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $6,206.83 | $6,206.83 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,949.07 | $1,949.07 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,707.58 | $1,707.58 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $33,796.34 | $33,796.34 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,648,439 | $1,651,434 | -0.2% |
| Assessed Value | $1,648,439 | $1,651,434 | -0.2% |
| Land Value | $298,980 | $298,980 | +0.0% |
| Improvement Value | $1,349,459 | $1,352,454 | -0.2% |
| Taxable Value | $1,648,439 | $1,651,434 | -0.2% |
| Total Tax 2026 = estimate |
~$33,735
Estimated
|
~$33,796
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,671,979 | $1,648,439 | -23,540 (-1.4%) |
| Taxable Value | $1,671,979 | $1,648,439 | -23,540 (-1.4%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,648,439 | $298,980 | $1,349,459 | — | $1,648,439 | $1,648,439 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,651,434 | $298,980 | $1,352,454 | — | $1,651,434 | $1,651,434 | ~$33,796 | Partial |
| 2024 | $1,400,000 | — | — | −$1,101,020 | $298,980 | $— | $28,884 | Verified |
| 2023 | $1,400,000 | — | — | −$1,101,020 | $298,980 | $— | $25,329 | Verified |
| 2022 | $1,246,463 | — | — | −$947,483 | $298,980 | $— | $27,649 | Verified |
| 2021 | $1,289,704 | — | — | −$1,050,520 | $239,184 | $— | $27,131 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +1.2% | +1.2% | ~100% | Not available | Partial |
| 2025 | -1.9% | -1.7% | ~100% | Not available | Partial |
| 2024 | +5.5% | +5.3% | ~100% | 1.7200% | Verified |
| 2023 | +14.0% | +14.0% | ~100% | 1.5900% | Verified |
| 2022 | -13.2% | -13.2% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1000% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +2.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -0.2% | +5.3% | +6.4% | +18.0% | 2025 | -3.4% | 2022 |
| Assessment Ratio | 100.0% | 47.6% | — | 100.0% | 2025 | 18.5% | 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 |
$33,796 | $28,558 | ~$38,809 | $33,796 | 2025 | $25,329 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,756,726 | ~$1,756,726 | ~2.0139% | ~$35,379 | +6.4% |
| 2027 | ~$1,868,731 | ~$1,868,731 | ~1.9814% | ~$37,027 | +13.2% |
| 2028 | ~$1,987,877 | ~$1,987,877 | ~1.9488% | ~$38,741 | +20.4% |
| 2029 | ~$2,114,620 | ~$2,114,620 | ~1.9163% | ~$40,522 | +28.0% |
| 2030 | ~$2,249,444 | ~$2,249,444 | ~1.8837% | ~$42,374 | +36.2% |
| 2026 | ~$1,723,697 | ~$1,723,697 | ~2.0465% | ~$35,275 | +4.4% |
| 2027 | ~$1,799,123 | ~$1,799,123 | ~2.0465% | ~$36,819 | +8.9% |
| 2028 | ~$1,877,848 | ~$1,877,848 | ~2.0465% | ~$38,430 | +13.7% |
| 2029 | ~$1,960,019 | ~$1,960,019 | ~2.0465% | ~$40,111 | +18.7% |
| 2030 | ~$2,045,785 | ~$2,045,785 | ~2.0465% | ~$41,867 | +23.9% |
| 2026 | ~$1,789,755 | ~$1,789,755 | ~1.9977% | ~$35,753 | +8.4% |
| 2027 | ~$1,939,661 | ~$1,939,661 | ~1.9488% | ~$37,801 | +17.5% |
| 2028 | ~$2,102,123 | ~$2,102,123 | ~1.9000% | ~$39,941 | +27.3% |
| 2029 | ~$2,278,192 | ~$2,278,192 | ~1.8512% | ~$42,174 | +38.0% |
| 2030 | ~$2,469,008 | ~$2,469,008 | ~1.8024% | ~$44,501 | +49.5% |
In 2025, this property's market value of $1,651,434 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +17% 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 | $1,651,434 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $1,400,000 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $1,400,000 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $1,246,463 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $1,289,704 | $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.