834 E RUNDBERG LN TX 78753
| Owner | THAI PARTNERS LTD |
|---|---|
| Parcel ID | 0239200122 |
| Short ID | 243404 |
| Type | Real |
| Use Code | 30 Strip Center (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 9,800 SF |
| Land SF | 39,127 SF |
| Acres | 0.898 |
| Year Built | 1982 |
| Legal | LOT 1-A RESUB OF LT 1 NORTHCAPE SEC C-3 |
| Neighborhood | 30NEA |
| Land | $469,524 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $469,524 |
| Improvement | $730,476 |
|---|---|
| Total Improvement | $730,476 |
| Market | $1,200,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,200,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,200,000 |
| Taxable Value | $1,200,000 |
|---|
Appreciation: Market value has risen +3.9% from $1,155,000 (2021) to $1,200,000 (2025), a CAGR of 1.0% over 4 years. Growth has been relatively flat for this asset class. 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 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 $24,558. 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 39% of market value ($469,524 land vs $730,476 improvements), about $12/SF of land. Most value sits in the improvements, so building condition, age (~44 yrs), and rent roll drive the underwriting.
Submarket Position: At $1,200,000, 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 +1.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,258,723 by 2030, with an estimated annual tax burden around $23,711. 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.
4 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 20,000 SF | ✗ |
| 1ST | 1st Floor | 9,800 SF | ✓ |
| 501 | CANOPY | 1,864 SF | ✗ |
| 611 | TERRACE | 1,864 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% | $11,102.40 | $11,102.40 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $6,288.20 | $6,288.20 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $4,510.14 | $4,510.14 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,416.28 | $1,416.28 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,240.80 | $1,240.80 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $24,557.82 | $24,557.82 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,240,600 | $1,200,000 | +3.4% |
| Assessed Value | $1,240,600 | $1,200,000 | +3.4% |
| Land Value | $469,524 | $469,524 | +0.0% |
| Improvement Value | $771,076 | $730,476 | +5.6% |
| Taxable Value | $1,240,600 | $1,200,000 | +3.4% |
| Total Tax 2026 = estimate |
~$25,389
Estimated
|
~$24,558
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,240,600 | $1,240,600 | +0 (+0.0%) |
| Taxable Value | $1,240,600 | $1,240,600 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,240,600 | $469,524 | $771,076 | — | $1,240,600 | $1,240,600 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,200,000 | $469,524 | $730,476 | — | $1,200,000 | $1,200,000 | ~$24,558 | Partial |
| 2024 | $1,283,218 | — | — | −$813,694 | $469,524 | $— | $23,782 | Verified |
| 2023 | $1,231,863 | — | — | −$762,339 | $469,524 | $— | $23,217 | Verified |
| 2022 | $1,099,000 | — | — | −$629,476 | $469,524 | $— | $24,328 | Verified |
| 2021 | $1,155,000 | — | — | −$763,730 | $391,270 | $— | $23,922 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +3.4% | +3.4% | ~100% | Not available | Partial |
| 2025 | -11.7% | -11.7% | ~100% | Not available | Partial |
| 2024 | +5.9% | +5.9% | ~100% | 1.7500% | Verified |
| 2023 | +4.2% | +4.2% | ~100% | 1.8100% | Verified |
| 2022 | +2.6% | +2.6% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.0700% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -0.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +3.4% | +1.7% | +0.3% | +12.1% | 2023 | -6.5% | 2025 |
| Assessment Ratio | 100.0% | 58.6% | — | 100.0% | 2025 | 33.9% | 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 |
$24,558 | $23,961 | ~$24,060 | $24,558 | 2025 | $23,217 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,211,521 | ~$1,211,521 | ~2.0139% | ~$24,399 | +1.0% |
| 2027 | ~$1,223,153 | ~$1,223,153 | ~1.9814% | ~$24,235 | +1.9% |
| 2028 | ~$1,234,897 | ~$1,234,897 | ~1.9488% | ~$24,066 | +2.9% |
| 2029 | ~$1,246,753 | ~$1,246,753 | ~1.9163% | ~$23,891 | +3.9% |
| 2030 | ~$1,258,723 | ~$1,258,723 | ~1.8837% | ~$23,711 | +4.9% |
| 2026 | ~$1,187,521 | ~$1,187,521 | ~2.0465% | ~$24,302 | -1.0% |
| 2027 | ~$1,175,172 | ~$1,175,172 | ~2.0465% | ~$24,050 | -2.1% |
| 2028 | ~$1,162,952 | ~$1,162,952 | ~2.0465% | ~$23,800 | -3.1% |
| 2029 | ~$1,150,858 | ~$1,150,858 | ~2.0465% | ~$23,552 | -4.1% |
| 2030 | ~$1,138,891 | ~$1,138,891 | ~2.0465% | ~$23,307 | -5.1% |
| 2026 | ~$1,235,521 | ~$1,235,521 | ~1.9977% | ~$24,682 | +3.0% |
| 2027 | ~$1,272,094 | ~$1,272,094 | ~1.9488% | ~$24,791 | +6.0% |
| 2028 | ~$1,309,749 | ~$1,309,749 | ~1.9000% | ~$24,885 | +9.1% |
| 2029 | ~$1,348,520 | ~$1,348,520 | ~1.8512% | ~$24,964 | +12.4% |
| 2030 | ~$1,388,437 | ~$1,388,437 | ~1.8024% | ~$25,025 | +15.7% |
In 2025, this property's market value of $1,200,000 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -15% 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 | $1,200,000 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $1,283,218 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $1,231,863 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $1,099,000 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $1,155,000 | $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.