301 E RUNDBERG LN TX 78753
| Owner | AB RUNDBERG LAND LLC |
|---|---|
| Parcel ID | 0240170601 |
| Short ID | 244947 |
| Type | Real |
| Use Code | 30 Strip Center (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 4,908 SF |
| Land SF | 17,082 SF |
| Acres | 0.392 |
| Year Built | 2021 |
| Legal | LOT 11-12 BLK I *LESS N 20FT GEORGIAN ACRES |
| Neighborhood | 1NO1 |
| Land | $256,227 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $256,227 |
| Improvement | $762,170 |
|---|---|
| Total Improvement | $762,170 |
| Market | $1,018,397 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,018,397 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,018,397 |
| Taxable Value | $1,018,397 |
|---|
Appreciation: Market value has risen +169.5% from $377,895 (2022) to $1,018,397 (2025), a CAGR of 39.2% over 3 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2023→2024), 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 +16.6%, 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 $20,841. 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 25% of market value ($256,227 land vs $762,170 improvements), about $15/SF of land. Most value sits in the improvements, so building condition, age (~5 yrs), and rent roll drive the underwriting.
Submarket Position: At $1,018,397, 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 +39.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $5,314,883 by 2030, with an estimated annual tax burden around $30,896. 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 |
|---|---|---|---|
| 1ST | 1st Floor | 2,454 SF | ✓ |
| 2ND | 2nd Floor | 2,454 SF | ✓ |
| 413 | STAIRWAY EXT | 2 SF | ✓ |
Market value changed by 421% in 2023, 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% | $9,422.21 | $9,422.21 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $5,336.57 | $5,336.57 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,827.59 | $3,827.59 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,201.94 | $1,201.94 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,053.02 | $1,053.02 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $20,841.33 | $20,841.33 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,058,701 | $1,018,397 | +4.0% |
| Assessed Value | $1,058,701 | $1,018,397 | +4.0% |
| Land Value | $256,227 | $256,227 | +0.0% |
| Improvement Value | $802,474 | $762,170 | +5.3% |
| Taxable Value | $1,058,701 | $1,018,397 | +4.0% |
| Total Tax 2026 = estimate |
~$21,666
Estimated
|
~$20,841
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,058,701 | $1,058,701 | +0 (+0.0%) |
| Taxable Value | $1,058,701 | $1,058,701 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,058,701 | $256,227 | $802,474 | — | $1,058,701 | $1,058,701 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,018,397 | $256,227 | $762,170 | — | $1,018,397 | $1,018,397 | ~$20,841 | Partial |
| 2024 | $1,335,251 | — | — | −$1,205,677 | $129,574 | $— | $25,923 | Verified |
| 2023 | $256,227 | — | — | −$126,653 | $129,574 | $— | $24,158 | Verified |
| 2022 | $377,895 | — | — | −$248,321 | $129,574 | $— | $5,060 | Verified |
| 2021 | $— | — | — | — | $129,574 | $— | $8,226 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +4.0% | +4.0% | ~100% | Not available | Partial |
| 2025 | -22.1% | -22.1% | ~100% | Not available | Partial |
| 2024 | -2.0% | -2.0% | ~100% | 1.9800% | Verified |
| 2023 | +421.1% ! | +421.1% | ~100% | 1.8100% | Verified |
| 2022 | -32.2% | -32.2% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +169.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +4.0% | +92.3% | +38.1% | +421.1% | 2024 | -32.2% | 2023 |
| Assessment Ratio | 100.0% | 58.9% | — | 100.0% | 2025 | 9.7% | 2024 |
| 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 |
$20,841 | $18,996 | ~$26,572 | $25,923 | 2024 | $5,060 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,417,204 | ~$1,120,237 | ~2.0139% | ~$22,561 | +39.2% |
| 2027 | ~$1,972,185 | ~$1,232,260 | ~1.9814% | ~$24,416 | +93.7% |
| 2028 | ~$2,744,499 | ~$1,355,486 | ~1.9488% | ~$26,416 | +169.5% |
| 2029 | ~$3,819,253 | ~$1,491,035 | ~1.9163% | ~$28,573 | +275.0% |
| 2030 | ~$5,314,883 | ~$1,640,139 | ~1.8837% | ~$30,896 | +421.9% |
| 2026 | ~$1,396,836 | ~$1,120,237 | ~2.0465% | ~$22,925 | +37.2% |
| 2027 | ~$1,915,905 | ~$1,232,260 | ~2.0465% | ~$25,218 | +88.1% |
| 2028 | ~$2,627,860 | ~$1,355,486 | ~2.0465% | ~$27,740 | +158.0% |
| 2029 | ~$3,604,381 | ~$1,491,035 | ~2.0465% | ~$30,514 | +253.9% |
| 2030 | ~$4,943,779 | ~$1,640,139 | ~2.0465% | ~$33,565 | +385.4% |
| 2026 | ~$1,437,572 | ~$1,120,237 | ~1.9977% | ~$22,379 | +41.2% |
| 2027 | ~$2,029,281 | ~$1,232,260 | ~1.9488% | ~$24,015 | +99.3% |
| 2028 | ~$2,864,539 | ~$1,355,486 | ~1.9000% | ~$25,754 | +181.3% |
| 2029 | ~$4,043,591 | ~$1,491,035 | ~1.8512% | ~$27,602 | +297.1% |
| 2030 | ~$5,707,945 | ~$1,640,139 | ~1.8024% | ~$29,561 | +460.5% |
In 2025, this property's market value of $1,018,397 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -28% 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 | $1,018,397 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $1,335,251 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $256,227 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $377,895 | $553,066 | $1,215,730 | $2,939,150 | ↓ Bottom 25% | +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.