312 E RUNDBERG LN TX 78753
| Owner | JUSTIN LANE PARTNERSHIP |
|---|---|
| Parcel ID | 0240170901 |
| Short ID | 244955 |
| Type | Real |
| Use Code | 48 Convenience Store |
| Valuation | Income |
| Improvement SF | 3,160 SF |
| Land SF | 13,274 SF |
| Acres | 0.305 |
| Year Built | 1971 |
| Legal | LOT 1 BLK A NORTH CREEK |
| Neighborhood | 48NOR |
| Land | $199,110 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $199,110 |
| Improvement | $310,045 |
|---|---|
| Total Improvement | $310,045 |
| Market | $509,155 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $509,155 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $509,155 |
| Taxable Value | $509,155 |
|---|
Appreciation: Market value has risen +21.6% from $418,611 (2021) to $509,155 (2025), a CAGR of 5.0% 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 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 $10,420. 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 ($199,110 land vs $310,045 improvements), about $15/SF of land. Most value sits in the improvements, so building condition, age (~55 yrs), and rent roll drive the underwriting.
Submarket Position: At $509,155, this parcel sits in the bottom quartile (<25th 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 +5.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $650,353 by 2030, with an estimated annual tax burden around $12,251. 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.
6 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 9,077 SF | ✗ |
| 1ST | 1st Floor | 3,160 SF | ✓ |
| 501 | CANOPY | 1,366 SF | ✗ |
| 611 | TERRACE | 902 SF | ✗ |
| 591 | MASONRY TRIM SF | 711 SF | ✗ |
| 541 | FENCE COMM LF | 57 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% | $4,710.70 | $4,710.70 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $2,668.06 | $2,668.06 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,913.63 | $1,913.63 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $600.92 | $600.92 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $526.47 | $526.47 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $10,419.78 | $10,419.78 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $509,155 | $509,155 | +0.0% |
| Assessed Value | $509,155 | $509,155 | +0.0% |
| Land Value | $199,110 | $199,110 | +0.0% |
| Improvement Value | $310,045 | $310,045 | +0.0% |
| Taxable Value | $509,155 | $509,155 | +0.0% |
| Total Tax 2026 = estimate |
~$10,420
Estimated
|
~$10,420
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $530,428 | $509,155 | -21,273 (-4.0%) |
| Taxable Value | $530,428 | $509,155 | -21,273 (-4.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $509,155 | $199,110 | $310,045 | — | $509,155 | $509,155 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $509,155 | $199,110 | $310,045 | — | $509,155 | $509,155 | ~$10,420 | Partial |
| 2024 | $432,740 | — | — | −$233,630 | $199,110 | $— | $9,591 | Verified |
| 2023 | $394,291 | — | — | −$195,181 | $199,110 | $— | $7,829 | Verified |
| 2022 | $417,805 | — | — | −$218,695 | $199,110 | $— | $7,787 | Verified |
| 2021 | $418,611 | — | — | −$219,501 | $199,110 | $— | $9,094 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +4.2% | +4.2% | ~100% | Not available | Partial |
| 2025 | +5.2% | +5.2% | ~100% | Not available | Partial |
| 2024 | -6.9% | -6.9% | ~100% | 1.9800% | Verified |
| 2023 | +23.2% | +23.2% | ~100% | 1.5100% | Verified |
| 2022 | +0.0% | +0.0% | ~100% | 1.8500% | Verified |
| 2021 | base year | — | ~100% | 2.1700% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +20.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +4.3% | +5.0% | +17.7% | 2025 | -5.6% | 2023 |
| Assessment Ratio | 100.0% | 65.3% | — | 100.0% | 2025 | 46.0% | 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 |
$10,420 | $8,944 | ~$11,501 | $10,420 | 2025 | $7,787 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$534,700 | ~$534,700 | ~2.0139% | ~$10,769 | +5.0% |
| 2027 | ~$561,526 | ~$561,526 | ~1.9814% | ~$11,126 | +10.3% |
| 2028 | ~$589,698 | ~$589,698 | ~1.9488% | ~$11,492 | +15.8% |
| 2029 | ~$619,283 | ~$619,283 | ~1.9163% | ~$11,867 | +21.6% |
| 2030 | ~$650,353 | ~$650,353 | ~1.8837% | ~$12,251 | +27.7% |
| 2026 | ~$524,516 | ~$524,516 | ~2.0465% | ~$10,734 | +3.0% |
| 2027 | ~$540,341 | ~$540,341 | ~2.0465% | ~$11,058 | +6.1% |
| 2028 | ~$556,644 | ~$556,644 | ~2.0465% | ~$11,392 | +9.3% |
| 2029 | ~$573,438 | ~$573,438 | ~2.0465% | ~$11,735 | +12.6% |
| 2030 | ~$590,739 | ~$590,739 | ~2.0465% | ~$12,089 | +16.0% |
| 2026 | ~$544,883 | ~$544,883 | ~1.9977% | ~$10,885 | +7.0% |
| 2027 | ~$583,117 | ~$583,117 | ~1.9488% | ~$11,364 | +14.5% |
| 2028 | ~$624,035 | ~$624,035 | ~1.9000% | ~$11,857 | +22.6% |
| 2029 | ~$667,824 | ~$667,824 | ~1.8512% | ~$12,363 | +31.2% |
| 2030 | ~$714,686 | ~$714,686 | ~1.8024% | ~$12,881 | +40.4% |
In 2025, this property's market value of $509,155 places it in the bottom 25% for Commercial properties in Travis County (13608 comparable) — -64% 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 | $509,155 | $649,268 | $1,417,484 | $3,347,260 | ↓ Bottom 25% | -0.8% |
| 2024 | $432,740 | $661,016 | $1,438,465 | $3,471,171 | ↓ Bottom 25% | +0.0% |
| 2023 | $394,291 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $417,805 | $553,066 | $1,215,730 | $2,939,150 | ↓ Bottom 25% | +3.3% |
| 2021 | $418,611 | $517,750 | $1,142,600 | $2,780,453 | ↓ Bottom 25% | 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.