2205 KRAMER LN TX 78758
| Owner | KRAMER LANE PROPERTY LLC |
|---|---|
| Parcel ID | 0250110320 |
| Short ID | 256604 |
| Type | Real |
| Use Code | 64 Industrial 20K+ SF (25–49%) |
| Valuation | Cost |
| Improvement SF | 51,882 SF |
| Land SF | 202,684 SF |
| Acres | 4.653 |
| Year Built | 1979 |
| Legal | LOT 1 POWELL-HOUSTON SUBD |
| Neighborhood | 64NOR |
| Land | $15,201,300 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $15,201,300 |
| Improvement | $52,947 |
|---|---|
| Total Improvement | $52,947 |
| Market | $15,254,247 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $15,254,247 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $15,254,247 |
| Taxable Value | $15,254,247 |
|---|
Appreciation: Market value has risen +171.8% from $5,611,632 (2021) to $15,254,247 (2025), a CAGR of 28.4% over 4 years. This is strong appreciation — well above typical inflation. 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 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 $312,176. 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 100% of market value ($15,201,300 land vs $52,947 improvements), about $75/SF of land. With value concentrated in the land under a ~47-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 $15,254,247, 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 +28.4% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $53,243,643 by 2030, with an estimated annual tax burden around $462,781. 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.
9 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 54,492 SF | ✗ |
| 1ST | 1st Floor | 51,882 SF | ✓ |
| 491 | SPRINKLER HEADS | 51,882 SF | ✗ |
| 093 | HVAC COMMRCL SF | 26,178 SF | ✗ |
| 881 | COMMCL FINISHOUT | 25,704 SF | ✓ |
| 501 | CANOPY | 1,255 SF | ✗ |
| SO | Sketch Only | 1,255 SF | ✗ |
| 407 | LOADING DOCK | 375 SF | ✓ |
| 482 | LIGHT POLES | 3 SF | ✓ |
Market value changed by 131% in 2024, 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% | $140,907.96 | $140,907.96 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $79,807.79 | $79,807.79 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $57,241.19 | $57,241.19 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $17,974.90 | $17,974.90 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $15,747.82 | $15,747.82 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $311,679.66 | $311,679.66 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $15,255,056 | $15,254,247 | +0.0% |
| Assessed Value | $15,255,056 | $15,254,247 | +0.0% |
| Land Value | $15,201,300 | $15,201,300 | +0.0% |
| Improvement Value | $53,756 | $52,947 | +1.5% |
| Taxable Value | $15,255,056 | $15,254,247 | +0.0% |
| Total Tax 2026 = estimate |
~$312,192
Estimated
|
~$311,680
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $15,255,056 | $15,255,056 | +0 (+0.0%) |
| Taxable Value | $15,255,056 | $15,255,056 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $15,255,056 | $15,201,300 | $53,756 | — | $15,255,056 | $15,255,056 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $15,254,247 | $15,201,300 | $52,947 | — | $15,254,247 | $15,254,247 | ~$311,680 | Partial |
| 2024 | $6,912,090 | — | — | — | $15,201,300 ! | $— | $302,597 | Verified |
| 2023 | $6,200,000 | — | — | — | $6,912,090 ! | $— | $125,057 | Verified |
| 2022 | $5,682,960 | — | — | — | $6,080,520 ! | $— | $122,445 | Verified |
| 2021 | $5,611,632 | — | — | −$1,557,952 | $4,053,680 | $— | $123,700 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2025 | -4.6% | -4.6% | ~100% | Not available | Partial |
| 2024 | +131.3% ! | +131.3% | ~100% | 1.8900% | Verified |
| 2023 | +11.5% | +11.5% | ~100% | 1.8100% | Verified |
| 2022 | +9.1% | +9.1% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.2000% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +168.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +28.5% | +28.4% | +120.7% | 2025 | +0.0% | 2026 |
| Assessment Ratio | 100.0% | 118.4% | — | 219.9% | 2024 | 72.2% | 2021 |
| Effective Tax Rate (2025) | 2.0400% | 2.0400% | — | 2.0400% | 2025 | 2.0400% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$311,680 | $197,096 | ~$398,018 | $311,680 | 2025 | $122,445 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$19,586,921 | ~$16,779,672 | ~2.0139% | ~$337,932 | +28.4% |
| 2027 | ~$25,150,207 | ~$18,457,639 | ~1.9814% | ~$365,717 | +64.9% |
| 2028 | ~$32,293,638 | ~$20,303,403 | ~1.9488% | ~$395,681 | +111.7% |
| 2029 | ~$41,466,021 | ~$22,333,743 | ~1.9163% | ~$427,980 | +171.8% |
| 2030 | ~$53,243,643 | ~$24,567,117 | ~1.8837% | ~$462,781 | +249.0% |
| 2026 | ~$19,281,836 | ~$16,779,672 | ~2.0465% | ~$343,393 | +26.4% |
| 2027 | ~$24,372,832 | ~$18,457,639 | ~2.0465% | ~$377,733 | +59.8% |
| 2028 | ~$30,808,007 | ~$20,303,403 | ~2.0465% | ~$415,506 | +102.0% |
| 2029 | ~$38,942,266 | ~$22,333,743 | ~2.0465% | ~$457,057 | +155.3% |
| 2030 | ~$49,224,219 | ~$24,567,117 | ~2.0465% | ~$502,762 | +222.7% |
| 2026 | ~$19,892,006 | ~$16,779,672 | ~1.9977% | ~$335,201 | +30.4% |
| 2027 | ~$25,939,786 | ~$18,457,639 | ~1.9488% | ~$359,710 | +70.0% |
| 2028 | ~$33,826,276 | ~$20,303,403 | ~1.9000% | ~$385,768 | +121.7% |
| 2029 | ~$44,110,502 | ~$22,333,743 | ~1.8512% | ~$413,441 | +189.2% |
| 2030 | ~$57,521,447 | ~$24,567,117 | ~1.8024% | ~$442,791 | +277.1% |
In 2025, this property's market value of $15,254,247 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 | $15,254,247 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $6,912,090 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $6,200,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $5,682,960 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $5,611,632 | $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.