3405 STECK AVE TX 78757
| Owner | 3405 STECK LLC |
|---|---|
| Parcel ID | 0241040623 |
| Short ID | 711283 |
| Type | Real |
| Use Code | 43 Strip Center (>10,000 SF) |
| Valuation | Income |
| Improvement SF | 29,930 SF |
| Land SF | 102,723 SF |
| Acres | 2.358 |
| Year Built | 2010 |
| Legal | LOT 1A BLK A STECK VAUGHN SECOND SUBD RESUB OF LOT 1 |
| Neighborhood | 43CEN |
| Land | $2,054,464 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,054,464 |
| Improvement | $4,145,536 |
|---|---|
| Total Improvement | $4,145,536 |
| Market | $6,200,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $6,200,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $6,200,000 |
| Taxable Value | $6,200,000 |
|---|
Appreciation: Market value has fallen -10.7% from $6,940,000 (2021) to $6,200,000 (2025), a CAGR of -2.8% 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 $126,882. 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 33% of market value ($2,054,464 land vs $4,145,536 improvements), about $20/SF of land. Most value sits in the improvements, so building condition, age (~16 yrs), and rent roll drive the underwriting.
Submarket Position: At $6,200,000, this parcel sits in the top quartile (≥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 -2.8% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $5,384,954 by 2030, with an estimated annual tax burden around $101,439. 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.
7 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 50,000 SF | ✗ |
| 1ST | 1st Floor | 29,930 SF | ✓ |
| 501 | CANOPY | 3,372 SF | ✗ |
| 611 | TERRACE | 2,446 SF | ✗ |
| 407 | LOADING DOCK | 260 SF | ✓ |
| 327 | STORAGE COMM'L | 30 SF | ✓ |
| 482 | LIGHT POLES | 13 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% | $57,362.40 | $57,362.40 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $32,489.05 | $32,489.05 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $23,302.39 | $23,302.39 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $7,317.43 | $7,317.43 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $6,410.80 | $6,410.80 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $126,882.07 | $126,882.07 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $5,800,000 | $6,200,000 | -6.5% |
| Assessed Value | $5,800,000 | $6,200,000 | -6.5% |
| Land Value | $2,054,464 | $2,054,464 | +0.0% |
| Improvement Value | $3,745,536 | $4,145,536 | -9.6% |
| Taxable Value | $5,800,000 | $6,200,000 | -6.5% |
| Total Tax 2026 = estimate |
~$118,696
Estimated
|
~$126,882
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $5,800,000 | $5,800,000 | +0 (+0.0%) |
| Taxable Value | $5,800,000 | $5,800,000 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $5,800,000 | $2,054,464 | $3,745,536 | — | $5,800,000 | $5,800,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $6,200,000 | $2,054,464 | $4,145,536 | — | $6,200,000 | $6,200,000 | ~$126,882 | Partial |
| 2024 | $6,634,000 | — | — | −$4,579,536 | $2,054,464 | $— | $130,086 | Verified |
| 2023 | $6,300,000 | — | — | −$4,245,536 | $2,054,464 | $— | $120,025 | Verified |
| 2022 | $7,165,145 | — | — | −$5,110,681 | $2,054,464 | $— | $124,519 | Verified |
| 2021 | $6,940,000 | — | — | −$4,885,536 | $2,054,464 | $— | $150,469 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -6.5% | -6.5% | ~100% | Not available | Partial |
| 2025 | -5.5% | -5.5% | ~100% | Not available | Partial |
| 2024 | -1.1% | -1.1% | ~100% | 1.9800% | Verified |
| 2023 | +3.7% | +3.7% | ~100% | 1.8100% | Verified |
| 2022 | -10.7% | -10.7% | ~100% | 1.9500% | Verified |
| 2021 | base year | — | ~100% | 2.1700% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -13.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -6.5% | -3.3% | -1.4% | +5.3% | 2024 | -12.1% | 2023 |
| Assessment Ratio | 100.0% | 53.6% | — | 100.0% | 2025 | 28.7% | 2022 |
| 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 |
$126,882 | $130,396 | ~$111,223 | $150,469 | 2021 | $120,025 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$6,027,674 | ~$6,027,674 | ~2.0139% | ~$121,394 | -2.8% |
| 2027 | ~$5,860,137 | ~$5,860,137 | ~1.9814% | ~$116,112 | -5.5% |
| 2028 | ~$5,697,258 | ~$5,697,258 | ~1.9488% | ~$111,030 | -8.1% |
| 2029 | ~$5,538,905 | ~$5,538,905 | ~1.9163% | ~$106,142 | -10.7% |
| 2030 | ~$5,384,954 | ~$5,384,954 | ~1.8837% | ~$101,439 | -13.1% |
| 2026 | ~$5,903,674 | ~$5,903,674 | ~2.0465% | ~$120,818 | -4.8% |
| 2027 | ~$5,621,510 | ~$5,621,510 | ~2.0465% | ~$115,043 | -9.3% |
| 2028 | ~$5,352,833 | ~$5,352,833 | ~2.0465% | ~$109,545 | -13.7% |
| 2029 | ~$5,096,997 | ~$5,096,997 | ~2.0465% | ~$104,309 | -17.8% |
| 2030 | ~$4,853,388 | ~$4,853,388 | ~2.0465% | ~$99,324 | -21.7% |
| 2026 | ~$6,151,674 | ~$6,151,674 | ~1.9977% | ~$122,890 | -0.8% |
| 2027 | ~$6,103,724 | ~$6,103,724 | ~1.9488% | ~$118,952 | -1.6% |
| 2028 | ~$6,056,149 | ~$6,056,149 | ~1.9000% | ~$115,068 | -2.3% |
| 2029 | ~$6,008,944 | ~$6,008,944 | ~1.8512% | ~$111,237 | -3.1% |
| 2030 | ~$5,962,107 | ~$5,962,107 | ~1.8024% | ~$107,459 | -3.8% |
In 2025, this property's market value of $6,200,000 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 4× 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 | $6,200,000 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $6,634,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $6,300,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $7,165,145 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $6,940,000 | $517,750 | $1,142,600 | $2,780,453 | ↑ Top 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.