2339 KRAMER LN TX 78758
| Owner | S & C CONAWAY BROTHERS LLC |
|---|---|
| Parcel ID | 0253090104 |
| Short ID | 260119 |
| Type | Real |
| Use Code | 61 Warehouse (<20,000 SF) |
| Valuation | Cost |
| Improvement SF | 7,928 SF |
| Land SF | 41,773 SF |
| Acres | 0.959 |
| Year Built | 1977 |
| Legal | LOT 5-6 KRAMER LANE INDUSTRIAL VILLAGE |
| Neighborhood | 61NOR |
| Land | $2,715,245 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,715,245 |
| Improvement | $313,719 |
|---|---|
| Total Improvement | $313,719 |
| Market | $3,028,964 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $3,028,964 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $3,028,964 |
| Taxable Value | $3,028,964 |
|---|
Appreciation: Market value has risen +212.3% from $970,000 (2021) to $3,028,964 (2025), a CAGR of 32.9% 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 Land/Vacant parcel countywide rose +487.2%, so this parcel has lagged the broader land/vacant 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 $61,987. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Asset Class: Land / Vacant. This is valued using the cost approach, tied more to replacement cost and physical condition than to income performance.
Value Composition: Land carries 90% of market value ($2,715,245 land vs $313,719 improvements), about $65/SF of land. With value concentrated in the land under a ~49-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 $3,028,964, this parcel sits in the top quartile (≥75th percentile) of Land/Vacant property in Travis County — county median $85,028 (P25 $24,862 / P75 $363,420, n=35,611). Land/Vacant here is the broad TCAD category — every land/vacant 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 +32.9% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $12,573,236 by 2030, with an estimated annual tax burden around $91,892. 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.
4 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 10,800 SF | ✗ |
| 1ST | 1st Floor | 7,928 SF | ✓ |
| 881 | COMMCL FINISHOUT | 1,428 SF | ✓ |
| 501 | CANOPY | 72 SF | ✗ |
Market value changed by 91% 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% | $28,023.97 | $28,023.97 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $15,872.29 | $15,872.29 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $11,384.21 | $11,384.21 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $3,574.87 | $3,574.87 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $3,131.95 | $3,131.95 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $61,987.29 | $61,987.29 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $3,547,000 | $3,028,964 | +17.1% |
| Assessed Value | $3,547,000 | $3,028,964 | +17.1% |
| Land Value | $2,715,245 | $2,715,245 | +0.0% |
| Improvement Value | $831,755 | $313,719 | +165.1% |
| Taxable Value | $3,547,000 | $3,028,964 | +17.1% |
| Total Tax 2026 = estimate |
~$72,589
Estimated
|
~$61,987
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $3,945,326 | $3,547,000 | -398,326 (-10.1%) |
| Taxable Value | $3,634,757 | $3,547,000 | -87,757 (-2.4%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $3,547,000 | $2,715,245 | $831,755 | — | $3,547,000 | $3,547,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $3,028,964 | $2,715,245 | $313,719 | — | $3,028,964 | $3,028,964 | ~$61,987 | Partial |
| 2024 | $2,752,812 | — | — | −$1,374,010 | $1,378,802 | $— | $63,418 | Verified |
| 2023 | $1,442,959 | — | — | −$64,157 | $1,378,802 | $— | $49,805 | Verified |
| 2022 | $1,442,969 | — | — | −$1,018,722 | $424,247 | $— | $28,497 | Verified |
| 2021 | $970,000 | — | — | −$545,740 | $424,260 | $— | $31,409 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +30.3% | +20.0% | 92.1% | Not available | Partial |
| 2025 | -5.3% | -5.3% | ~100% | Not available | Partial |
| 2024 | +16.2% | +16.2% | ~100% | 1.9800% | Verified |
| 2023 | +90.8% ! | +90.8% | ~100% | 1.8100% | Verified |
| 2022 | -0.0% | -0.0% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 3.2400% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +109.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +17.1% | +33.3% | +29.0% | +90.8% | 2024 | +-0.0% | 2023 |
| Assessment Ratio | 100.0% | 69.8% | — | 100.0% | 2025 | 29.4% | 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 |
$61,987 | $47,023 | ~$79,033 | $63,418 | 2024 | $28,497 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$4,026,472 | ~$3,331,860 | ~2.0139% | ~$67,102 | +32.9% |
| 2027 | ~$5,352,483 | ~$3,665,046 | ~1.9814% | ~$72,619 | +76.7% |
| 2028 | ~$7,115,180 | ~$4,031,551 | ~1.9488% | ~$78,568 | +134.9% |
| 2029 | ~$9,458,374 | ~$4,434,706 | ~1.9163% | ~$84,982 | +212.3% |
| 2030 | ~$12,573,236 | ~$4,878,177 | ~1.8837% | ~$91,892 | +315.1% |
| 2026 | ~$3,965,893 | ~$3,331,860 | ~2.0465% | ~$68,186 | +30.9% |
| 2027 | ~$5,192,636 | ~$3,665,046 | ~2.0465% | ~$75,005 | +71.4% |
| 2028 | ~$6,798,839 | ~$4,031,551 | ~2.0465% | ~$82,505 | +124.5% |
| 2029 | ~$8,901,877 | ~$4,434,706 | ~2.0465% | ~$90,756 | +193.9% |
| 2030 | ~$11,655,435 | ~$4,878,177 | ~2.0465% | ~$99,831 | +284.8% |
| 2026 | ~$4,087,051 | ~$3,331,860 | ~1.9977% | ~$66,559 | +34.9% |
| 2027 | ~$5,514,754 | ~$3,665,046 | ~1.9488% | ~$71,426 | +82.1% |
| 2028 | ~$7,441,185 | ~$4,031,551 | ~1.9000% | ~$76,600 | +145.7% |
| 2029 | ~$10,040,564 | ~$4,434,706 | ~1.8512% | ~$82,095 | +231.5% |
| 2030 | ~$13,547,966 | ~$4,878,177 | ~1.8024% | ~$87,923 | +347.3% |
In 2025, this property's market value of $3,028,964 places it in the top 25% for Land/Vacant properties in Travis County (35611 comparable) — 36× the county median of $85,028. Land/Vacant here is the broad TCAD category — every land/vacant 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 | $3,028,964 | $24,862 | $85,028 | $363,420 | ↑ Top 25% | +2.1% |
| 2024 | $2,752,812 | $23,000 | $66,000 | $330,000 | ↑ Top 25% | +0.0% |
| 2023 | $1,442,959 | $25,000 | $71,500 | $271,439 | ↑ Top 25% | +0.0% |
| 2022 | $1,442,969 | $15,000 | $55,000 | $180,463 | ↑ Top 25% | +100.0% |
| 2021 | $970,000 | $6,000 | $14,480 | $80,000 | ↑ 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.