1004 S MEADOWS DR TX 78758
| Owner | RSVP NORTH AUSTIN LP |
|---|---|
| Parcel ID | 0246161018 |
| Short ID | 253278 |
| Type | Real |
| Use Code | 63 Mini-Warehouse / Self-Storage |
| Valuation | Income |
| Improvement SF | 4,320 SF |
| Land SF | 9,180 SF |
| Acres | 0.211 |
| Year Built | 1971 |
| Legal | LOT 18 BLK D NORTH MEADOWS |
| Neighborhood | 63NOR |
| Land | $137,700 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $137,700 |
| Improvement | $237,300 |
|---|---|
| Total Improvement | $237,300 |
| Market | $375,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $375,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $375,000 |
| Taxable Value | $375,000 |
|---|
Appreciation: Market value has risen +21.6% from $308,300 (2021) to $375,000 (2025), a CAGR of 5.0% over 4 years. This represents moderate, steady growth. Most of this growth came in a single year (2021→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 $7,674. 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 37% of market value ($137,700 land vs $237,300 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 $375,000, 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 $479,020 by 2030, with an estimated annual tax burden around $9,024. 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.
1 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 4,320 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% | $3,469.50 | $3,469.50 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $1,965.06 | $1,965.06 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,409.42 | $1,409.42 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $442.59 | $442.59 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $387.75 | $387.75 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $7,674.32 | $7,674.32 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $385,365 | $375,000 | +2.8% |
| Assessed Value | $385,365 | $375,000 | +2.8% |
| Land Value | $137,700 | $137,700 | +0.0% |
| Improvement Value | $247,665 | $237,300 | +4.4% |
| Taxable Value | $385,365 | $375,000 | +2.8% |
| Total Tax 2026 = estimate |
~$7,886
Estimated
|
~$7,674
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $385,365 | $385,365 | +0 (+0.0%) |
| Taxable Value | $385,365 | $385,365 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $385,365 | $137,700 | $247,665 | — | $385,365 | $385,365 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $375,000 | $137,700 | $237,300 | — | $375,000 | $375,000 | ~$7,674 | Partial |
| 2024 | $400,000 | — | — | −$262,300 | $137,700 | $— | $7,927 | Verified |
| 2023 | $358,000 | — | — | −$220,300 | $137,700 | $— | $7,237 | Verified |
| 2022 | $— | — | — | — | $137,700 | $— | $7,070 | Verified |
| 2021 | $308,300 | — | — | −$170,600 | $137,700 | $— | $6,560 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +2.8% | +2.8% | ~100% | Not available | Partial |
| 2025 | -6.2% | -6.2% | ~100% | Not available | Partial |
| 2024 | +0.0% | +0.0% | ~100% | 1.9800% | Verified |
| 2023 | +11.7% | +11.7% | ~100% | 1.8100% | Verified |
| 2022 | +8.8% | +8.8% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1300% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +14.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +2.8% | +6.1% | +4.5% | +16.1% | 2023 | -6.2% | 2025 |
| Assessment Ratio | 100.0% | 63.5% | — | 100.0% | 2025 | 34.4% | 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 |
$7,674 | $7,350 | ~$8,471 | $7,927 | 2024 | $6,560 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$393,818 | ~$393,818 | ~2.0139% | ~$7,931 | +5.0% |
| 2027 | ~$413,581 | ~$413,581 | ~1.9814% | ~$8,195 | +10.3% |
| 2028 | ~$434,335 | ~$434,335 | ~1.9488% | ~$8,464 | +15.8% |
| 2029 | ~$456,130 | ~$456,130 | ~1.9163% | ~$8,741 | +21.6% |
| 2030 | ~$479,020 | ~$479,020 | ~1.8837% | ~$9,024 | +27.7% |
| 2026 | ~$386,318 | ~$386,318 | ~2.0465% | ~$7,906 | +3.0% |
| 2027 | ~$397,978 | ~$397,978 | ~2.0465% | ~$8,145 | +6.1% |
| 2028 | ~$409,989 | ~$409,989 | ~2.0465% | ~$8,390 | +9.3% |
| 2029 | ~$422,364 | ~$422,364 | ~2.0465% | ~$8,644 | +12.6% |
| 2030 | ~$435,111 | ~$435,111 | ~2.0465% | ~$8,904 | +16.0% |
| 2026 | ~$401,318 | ~$401,318 | ~1.9977% | ~$8,017 | +7.0% |
| 2027 | ~$429,483 | ~$429,483 | ~1.9488% | ~$8,370 | +14.5% |
| 2028 | ~$459,625 | ~$459,625 | ~1.9000% | ~$8,733 | +22.6% |
| 2029 | ~$491,882 | ~$491,882 | ~1.8512% | ~$9,106 | +31.2% |
| 2030 | ~$526,404 | ~$526,404 | ~1.8024% | ~$9,488 | +40.4% |
In 2025, this property's market value of $375,000 places it in the bottom 25% for Commercial properties in Travis County (13608 comparable) — -74% 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 | $375,000 | $649,268 | $1,417,484 | $3,347,260 | ↓ Bottom 25% | -0.8% |
| 2024 | $400,000 | $661,016 | $1,438,465 | $3,471,171 | ↓ Bottom 25% | +0.0% |
| 2023 | $358,000 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | — | $553,066 | $1,215,730 | $2,939,150 | — | +3.3% |
| 2021 | $308,300 | $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.