2007 RUTLAND DR TX 78758
| Owner | TIMSHEL LLC |
|---|---|
| Parcel ID | 0245110201 |
| Short ID | 251518 |
| Type | Real |
| Use Code | 53 Office Small (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 7,686 SF |
| Land SF | 66,211 SF |
| Acres | 1.520 |
| Year Built | 1968 |
| Legal | LOT 1 RUTLAND DRIVE SUBD |
| Neighborhood | 53NOR |
| Land | $3,641,605 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $3,641,605 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $3,065,794 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $3,065,794 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $3,065,794 |
| Taxable Value | $3,065,794 |
|---|
Appreciation: Market value has risen +114.2% from $1,431,029 (2021) to $3,065,794 (2025), a CAGR of 21.0% over 4 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 +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 $62,741. 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 119% of market value ($3,641,605 land vs $0 improvements), about $55/SF of land. With value concentrated in the land under a ~58-year-old structure, this reads as a land-dominated asset — the classic higher-and-best-use / redevelopment signal. Underwrite the dirt, not the building.
Submarket Position: At $3,065,794, 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 +21.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $7,946,230 by 2030, with an estimated annual tax burden around $93,010. 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 | 58,140 SF | ✗ |
| 1ST | 1st Floor | 6,482 SF | ✓ |
| 501 | CANOPY | 3,663 SF | ✗ |
| 2ND | 2nd Floor | 1,204 SF | ✓ |
| 327 | STORAGE COMM'L | 483 SF | ✓ |
| 541 | FENCE COMM LF | 200 SF | ✗ |
Market value changed by 178% 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% | $28,364.73 | $28,364.73 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $16,065.28 | $16,065.28 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $11,522.63 | $11,522.63 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $3,618.34 | $3,618.34 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $3,170.03 | $3,170.03 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $62,741.01 | $62,741.01 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $3,065,794 | $3,065,794 | +0.0% |
| Assessed Value | $3,065,794 | $3,065,794 | +0.0% |
| Land Value | $3,641,605 | $3,641,605 | +0.0% |
| Improvement Value | — | — | — |
| Taxable Value | $3,065,794 | $3,065,794 | +0.0% |
| Total Tax 2026 = estimate |
~$62,741
Estimated
|
~$62,741
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $4,203,443 | $3,065,794 | -1,137,649 (-27.1%) |
| Taxable Value | $3,678,953 | $3,065,794 | -613,159 (-16.7%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $3,065,794 | $3,641,605 | — | — | $3,065,794 | $3,065,794 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $3,065,794 | $3,641,605 | — | — | $3,065,794 | $3,065,794 | ~$62,741 | Partial |
| 2024 | $3,065,794 | — | — | — | $3,641,605 ! | $— | $60,758 | Verified |
| 2023 | $1,600,000 | — | — | — | $3,641,605 ! | $— | $55,468 | Verified |
| 2022 | $1,472,640 | — | — | −$479,475 | $993,165 | $— | $31,599 | Verified |
| 2021 | $1,431,029 | — | — | −$437,864 | $993,165 | $— | $32,055 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +37.1% | +20.0% | 87.5% | Not available | Partial |
| 2025 | -32.8% | -16.7% | ~100% | Not available | Partial |
| 2024 | +2.5% | -17.3% | 80.7% | 1.3300% | Verified |
| 2023 | +178.0% ! | +178.0% | ~100% | 1.2500% | Verified |
| 2022 | +8.6% | +8.6% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.2400% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +108.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +20.6% | +21.0% | +91.6% | 2024 | +0.0% | 2025 |
| Assessment Ratio | 100.0% | 113.9% | — | 227.6% | 2023 | 67.4% | 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 |
$62,741 | $48,524 | ~$79,994 | $62,741 | 2025 | $31,599 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$3,709,083 | ~$3,372,373 | ~2.0139% | ~$67,917 | +21.0% |
| 2027 | ~$4,487,353 | ~$3,709,611 | ~1.9814% | ~$73,502 | +46.4% |
| 2028 | ~$5,428,925 | ~$4,080,572 | ~1.9488% | ~$79,524 | +77.1% |
| 2029 | ~$6,568,066 | ~$4,488,629 | ~1.9163% | ~$86,015 | +114.2% |
| 2030 | ~$7,946,230 | ~$4,937,492 | ~1.8837% | ~$93,010 | +159.2% |
| 2026 | ~$3,647,768 | ~$3,372,373 | ~2.0465% | ~$69,015 | +19.0% |
| 2027 | ~$4,340,216 | ~$3,709,611 | ~2.0465% | ~$75,917 | +41.6% |
| 2028 | ~$5,164,111 | ~$4,080,572 | ~2.0465% | ~$83,508 | +68.4% |
| 2029 | ~$6,144,403 | ~$4,488,629 | ~2.0465% | ~$91,859 | +100.4% |
| 2030 | ~$7,310,783 | ~$4,937,492 | ~2.0465% | ~$101,045 | +138.5% |
| 2026 | ~$3,770,399 | ~$3,372,373 | ~1.9977% | ~$67,369 | +23.0% |
| 2027 | ~$4,636,943 | ~$3,709,611 | ~1.9488% | ~$72,294 | +51.2% |
| 2028 | ~$5,702,642 | ~$4,080,572 | ~1.9000% | ~$77,532 | +86.0% |
| 2029 | ~$7,013,269 | ~$4,488,629 | ~1.8512% | ~$83,093 | +128.8% |
| 2030 | ~$8,625,114 | ~$4,937,492 | ~1.8024% | ~$88,992 | +181.3% |
In 2025, this property's market value of $3,065,794 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +116% 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 | $3,065,794 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $3,065,794 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $1,600,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $1,472,640 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $1,431,029 | $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.