2307 KRAMER LN TX 78758
| Owner | BONNEVILLE PARTNERS LTD |
|---|---|
| Parcel ID | 0250110402 |
| Short ID | 256605 |
| Type | Real |
| Use Code | 61 Warehouse (<20,000 SF) |
| Valuation | Cost |
| Improvement SF | 12,000 SF |
| Land SF | 29,272 SF |
| Acres | 0.672 |
| Year Built | 1976 |
| Legal | LOT 1 KRAMER LANE INDUSTRIAL VILLAGE |
| Neighborhood | 61NOR |
| Land | $2,195,400 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,195,400 |
| Improvement | $424,272 |
|---|---|
| Total Improvement | $424,272 |
| Market | $2,619,672 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,619,672 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $2,619,672 |
| Taxable Value | $2,619,672 |
|---|
Appreciation: Market value has risen +50.4% from $1,741,880 (2021) to $2,619,672 (2025), a CAGR of 10.7% 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 $53,611. 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 84% of market value ($2,195,400 land vs $424,272 improvements), about $75/SF of land. With value concentrated in the land under a ~50-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 $2,619,672, 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 +10.7% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $4,362,976 by 2030, with an estimated annual tax burden around $79,475. 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.
8 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 14,100 SF | ✗ |
| 1ST | 1st Floor | 12,000 SF | ✓ |
| 881 | COMMCL FINISHOUT | 6,210 SF | ✓ |
| 591 | MASONRY TRIM SF | 1,000 SF | ✗ |
| 511 | DECK | 996 SF | ✗ |
| 327 | STORAGE COMM'L | 960 SF | ✓ |
| 541 | FENCE COMM LF | 310 SF | ✗ |
| 288 | SHED SF | 154 SF | ✓ |
Market value changed by 120% 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% | $24,237.21 | $24,237.21 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $13,727.53 | $13,727.53 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $9,845.91 | $9,845.91 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $3,091.82 | $3,091.82 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,708.74 | $2,708.74 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $53,611.21 | $53,611.21 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,838,992 | $2,619,672 | +8.4% |
| Assessed Value | $2,838,992 | $2,619,672 | +8.4% |
| Land Value | $2,195,400 | $2,195,400 | +0.0% |
| Improvement Value | $643,592 | $424,272 | +51.7% |
| Taxable Value | $2,838,992 | $2,619,672 | +8.4% |
| Total Tax 2026 = estimate |
~$58,100
Estimated
|
~$53,611
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $4,099,216 | $2,838,992 | -1,260,224 (-30.7%) |
| Taxable Value | $3,143,606 | $2,838,992 | -304,614 (-9.7%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,838,992 | $2,195,400 | $643,592 | — | $2,838,992 | $2,838,992 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $2,619,672 | $2,195,400 | $424,272 | — | $2,619,672 | $2,619,672 | ~$53,611 | Partial |
| 2024 | $3,398,416 | — | — | −$1,203,016 | $2,195,400 | $— | $63,619 | Verified |
| 2023 | $1,546,360 | — | — | — | $2,195,400 ! | $— | $58,092 | Verified |
| 2022 | $1,400,000 | — | — | −$375,480 | $1,024,520 | $— | $30,539 | Verified |
| 2021 | $1,741,880 | — | — | −$863,720 | $878,160 | $— | $30,893 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +56.5% | +20.0% | 76.7% | Not available | Partial |
| 2025 | -22.9% | -22.9% | ~100% | Not available | Partial |
| 2024 | +0.0% | +0.0% | ~100% | 1.8700% | Verified |
| 2023 | +119.8% ! | +119.8% | ~100% | 1.7100% | Verified |
| 2022 | -14.1% | -14.1% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 1.7700% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +45.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +8.4% | +19.2% | +9.0% | +119.8% | 2024 | -22.9% | 2025 |
| Assessment Ratio | 100.0% | 88.4% | — | 142.0% | 2023 | 50.4% | 2021 |
| 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 |
$53,611 | $47,351 | ~$68,353 | $63,619 | 2024 | $30,539 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,901,042 | ~$2,881,639 | ~2.0139% | ~$58,034 | +10.7% |
| 2027 | ~$3,212,634 | ~$3,169,803 | ~1.9814% | ~$62,806 | +22.6% |
| 2028 | ~$3,557,693 | ~$3,486,783 | ~1.9488% | ~$67,952 | +35.8% |
| 2029 | ~$3,939,813 | ~$3,835,462 | ~1.9163% | ~$73,499 | +50.4% |
| 2030 | ~$4,362,976 | ~$4,219,008 | ~1.8837% | ~$79,475 | +66.5% |
| 2026 | ~$2,848,649 | ~$2,848,649 | ~2.0465% | ~$58,297 | +8.7% |
| 2027 | ~$3,097,640 | ~$3,097,640 | ~2.0465% | ~$63,393 | +18.2% |
| 2028 | ~$3,368,395 | ~$3,368,395 | ~2.0465% | ~$68,934 | +28.6% |
| 2029 | ~$3,662,815 | ~$3,662,815 | ~2.0465% | ~$74,959 | +39.8% |
| 2030 | ~$3,982,970 | ~$3,982,970 | ~2.0465% | ~$81,511 | +52.0% |
| 2026 | ~$2,953,436 | ~$2,881,639 | ~1.9977% | ~$57,565 | +12.7% |
| 2027 | ~$3,329,724 | ~$3,169,803 | ~1.9488% | ~$61,774 | +27.1% |
| 2028 | ~$3,753,953 | ~$3,486,783 | ~1.9000% | ~$66,249 | +43.3% |
| 2029 | ~$4,232,232 | ~$3,835,462 | ~1.8512% | ~$71,002 | +61.6% |
| 2030 | ~$4,771,447 | ~$4,219,008 | ~1.8024% | ~$76,042 | +82.1% |
In 2025, this property's market value of $2,619,672 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +85% 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 | $2,619,672 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $3,398,416 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $1,546,360 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $1,400,000 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $1,741,880 | $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.