2222 W RUNDBERG LN TX 78758
| Owner | MET PHASE I 95 |
|---|---|
| Parcel ID | 0247080205 |
| Short ID | 426292 |
| Type | Real |
| Use Code | 60 Industrial 20K+ SF (<25% FO) |
| Valuation | Cost |
| Improvement SF | 108,000 SF |
| Land SF | 355,798 SF |
| Acres | 8.168 |
| Year Built | 1995 |
| Legal | LOT 2 BLK A METRIC CENTER EAST SUBD |
| Neighborhood | 60NOR |
| Land | $5,336,970 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $5,336,970 |
| Improvement | $10,163,030 |
|---|---|
| Total Improvement | $10,163,030 |
| Market | $15,500,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $15,500,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $15,500,000 |
| Taxable Value | $15,500,000 |
|---|
Appreciation: Market value has risen +42.2% from $10,900,000 (2021) to $15,500,000 (2025), a CAGR of 9.2% over 4 years. This is strong appreciation — well above typical inflation. Growth has been fairly evenly spread across these years rather than concentrated in one jump. 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 $317,205. 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 cost approach, tied more to replacement cost and physical condition than to income performance.
Value Composition: Land carries 34% of market value ($5,336,970 land vs $10,163,030 improvements), about $15/SF of land. Most value sits in the improvements, so building condition, age (~31 yrs), and rent roll drive the underwriting.
Submarket Position: At $15,500,000, 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 +9.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $24,069,286 by 2030, with an estimated annual tax burden around $453,403. 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.
10 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 108,000 SF | ✓ |
| 491 | SPRINKLER HEADS | 108,000 SF | ✗ |
| 551 | PAVED AREA | 105,534 SF | ✗ |
| 881 | COMMCL FINISHOUT | 27,642 SF | ✓ |
| 093 | HVAC COMMRCL SF | 13,510 SF | ✗ |
| 328 | MEZZ COMM (STG) | 1,780 SF | ✓ |
| 408 | LOADING RAMP | 1,320 SF | ✓ |
| 501 | CANOPY | 879 SF | ✗ |
| 482 | LIGHT POLES | 4 SF | ✓ |
| 413 | STAIRWAY EXT | 1 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% | $143,406.00 | $143,406.00 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $81,222.64 | $81,222.64 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $58,255.98 | $58,255.98 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $18,293.57 | $18,293.57 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $16,027.00 | $16,027.00 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $317,205.19 | $317,205.19 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $16,700,000 | $15,500,000 | +7.7% |
| Assessed Value | $16,700,000 | $15,500,000 | +7.7% |
| Land Value | $5,336,970 | $5,336,970 | +0.0% |
| Improvement Value | $11,363,030 | $10,163,030 | +11.8% |
| Taxable Value | $16,700,000 | $15,500,000 | +7.7% |
| Total Tax 2026 = estimate |
~$341,763
Estimated
|
~$317,205
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $16,700,000 | $16,700,000 | +0 (+0.0%) |
| Taxable Value | $16,700,000 | $16,700,000 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $16,700,000 | $5,336,970 | $11,363,030 | — | $16,700,000 | $16,700,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $15,500,000 | $5,336,970 | $10,163,030 | — | $15,500,000 | $15,500,000 | ~$317,205 | Partial |
| 2024 | $15,000,000 | — | — | −$9,663,030 | $5,336,970 | $— | $286,550 | Verified |
| 2023 | $14,000,000 | — | — | −$8,663,030 | $5,336,970 | $— | $271,387 | Verified |
| 2022 | $11,870,748 | — | — | −$8,312,768 | $3,557,980 | $— | $276,489 | Verified |
| 2021 | $10,900,000 | — | — | −$7,342,020 | $3,557,980 | $— | $258,388 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +7.7% | +7.7% | ~100% | Not available | Partial |
| 2025 | +7.2% | +7.2% | ~100% | Not available | Partial |
| 2024 | -3.6% | -3.6% | ~100% | 1.9800% | Verified |
| 2023 | +7.1% | +7.1% | ~100% | 1.8100% | Verified |
| 2022 | +17.9% | +17.9% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.3700% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +30.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +7.7% | +9.0% | +7.6% | +17.9% | 2023 | +3.3% | 2025 |
| Assessment Ratio | 100.0% | 56.1% | — | 100.0% | 2025 | 30.0% | 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 |
$317,205 | $282,004 | ~$395,249 | $317,205 | 2025 | $258,388 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$16,926,143 | ~$16,926,143 | ~2.0139% | ~$340,882 | +9.2% |
| 2027 | ~$18,483,504 | ~$18,483,504 | ~1.9814% | ~$366,230 | +19.2% |
| 2028 | ~$20,184,156 | ~$20,184,156 | ~1.9488% | ~$393,357 | +30.2% |
| 2029 | ~$22,041,284 | ~$22,041,284 | ~1.9163% | ~$422,375 | +42.2% |
| 2030 | ~$24,069,286 | ~$24,069,286 | ~1.8837% | ~$453,403 | +55.3% |
| 2026 | ~$16,616,143 | ~$16,616,143 | ~2.0465% | ~$340,047 | +7.2% |
| 2027 | ~$17,812,658 | ~$17,812,658 | ~2.0465% | ~$364,533 | +14.9% |
| 2028 | ~$19,095,333 | ~$19,095,333 | ~2.0465% | ~$390,783 | +23.2% |
| 2029 | ~$20,470,373 | ~$20,470,373 | ~2.0465% | ~$418,923 | +32.1% |
| 2030 | ~$21,944,428 | ~$21,944,428 | ~2.0465% | ~$449,089 | +41.6% |
| 2026 | ~$17,236,143 | ~$17,050,000 | ~1.9977% | ~$340,601 | +11.2% |
| 2027 | ~$19,166,749 | ~$18,755,000 | ~1.9488% | ~$365,505 | +23.7% |
| 2028 | ~$21,313,602 | ~$20,630,500 | ~1.9000% | ~$391,983 | +37.5% |
| 2029 | ~$23,700,921 | ~$22,693,550 | ~1.8512% | ~$420,102 | +52.9% |
| 2030 | ~$26,355,643 | ~$24,962,905 | ~1.8024% | ~$449,924 | +70.0% |
In 2025, this property's market value of $15,500,000 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 11× 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 | $15,500,000 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $15,000,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $14,000,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $11,870,748 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $10,900,000 | $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.