5222 THUNDER CREEK RD 2 TX 78759
| Owner | RANGER EXCAVATING LP |
|---|---|
| Parcel ID | 0262000401 |
| Short ID | 478312 |
| Type | Real |
| Use Code | 23 Small Office Condo |
| Valuation | Income |
| Improvement SF | 3,346 SF |
| Land SF | 53,447 SF |
| Acres | 1.227 |
| Year Built | 1998 |
| Legal | UNT 2 THUNDER CREEK OFFICE CONDOMINIUMS PLUS 40.5% INTEREST IN COMMON AREA |
| Neighborhood | 23FNW03 |
| Land | $534,470 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $534,470 |
| Improvement | $1,395,049 |
|---|---|
| Total Improvement | $1,395,049 |
| Market | $1,929,519 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,929,519 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,929,519 |
| Taxable Value | $1,929,519 |
|---|
Appreciation: Market value has risen +49.3% from $1,292,012 (2021) to $1,929,519 (2025), a CAGR of 10.5% 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 $39,487. 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 28% of market value ($534,470 land vs $1,395,049 improvements), about $10/SF of land. Most value sits in the improvements, so building condition, age (~28 yrs), and rent roll drive the underwriting.
Submarket Position: At $1,929,519, 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 +10.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $3,185,497 by 2030, with an estimated annual tax burden around $58,537. 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.
2 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 3,346 SF | ✓ |
| SO | Sketch Only | 44 SF | ✗ |
| Unit (prop_id) | Owner | Address | Market Value | Assessed Value | Taxable Value |
|---|---|---|---|---|---|
| 478312 | RANGER EXCAVATING LP | 5222 THUNDER CREEK RD 1 78759 | $1,320,855 | $1,320,855 | $1,320,855 |
| 478313 | RANGER EXCAVATING LP | 5222 THUNDER CREEK RD 2 78759 | $955,033 | $955,033 | $955,033 |
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% | $17,851.91 | $17,851.91 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $10,111.01 | $10,111.01 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $7,252.00 | $7,252.00 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,277.27 | $2,277.27 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,995.12 | $1,995.12 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $39,487.31 | $39,487.31 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,275,888 | $1,929,519 | +18.0% |
| Assessed Value | $2,275,888 | $1,929,519 | +18.0% |
| Land Value | $534,470 | $534,470 | +0.0% |
| Improvement Value | $1,741,418 | $1,395,049 | +24.8% |
| Taxable Value | $2,275,888 | $1,929,519 | +18.0% |
| Total Tax 2026 = estimate |
~$46,576
Estimated
|
~$39,487
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $2,275,888 | $2,275,888 | +0 (+0.0%) |
| Taxable Value | $2,275,888 | $2,275,888 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,275,888 | $534,470 | $1,741,418 | — | $2,275,888 | $2,275,888 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,929,519 | $534,470 | $1,395,049 | — | $1,929,519 | $1,929,519 | ~$39,487 | Partial |
| 2024 | $1,782,408 | — | — | −$1,247,938 | $534,470 | $— | $41,987 | Verified |
| 2023 | $1,486,828 | — | — | −$952,358 | $534,470 | $— | $32,248 | Verified |
| 2022 | $1,478,364 | — | — | −$943,894 | $534,470 | $— | $29,364 | Verified |
| 2021 | $1,292,012 | — | — | −$757,542 | $534,470 | $— | $32,179 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +18.2% | +18.2% | ~100% | Not available | Partial |
| 2025 | -9.0% | -9.0% | ~100% | Not available | Partial |
| 2024 | +19.1% | +19.1% | ~100% | 1.9800% | Verified |
| 2023 | +20.2% | +20.2% | ~100% | 1.8100% | Verified |
| 2022 | -28.4% | -28.4% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.4900% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -6.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +18.0% | +12.2% | +7.2% | +19.9% | 2024 | +0.6% | 2023 |
| Assessment Ratio | 100.0% | 57.2% | — | 100.0% | 2025 | 30.0% | 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 |
$39,487 | $35,053 | ~$50,345 | $41,987 | 2024 | $29,364 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,133,019 | ~$2,122,471 | ~2.0139% | ~$42,745 | +10.5% |
| 2027 | ~$2,357,981 | ~$2,334,718 | ~1.9814% | ~$46,260 | +22.2% |
| 2028 | ~$2,606,669 | ~$2,568,190 | ~1.9488% | ~$50,050 | +35.1% |
| 2029 | ~$2,881,586 | ~$2,825,009 | ~1.9163% | ~$54,135 | +49.3% |
| 2030 | ~$3,185,497 | ~$3,107,510 | ~1.8837% | ~$58,537 | +65.1% |
| 2026 | ~$2,094,428 | ~$2,094,428 | ~2.0465% | ~$42,862 | +8.5% |
| 2027 | ~$2,273,432 | ~$2,273,432 | ~2.0465% | ~$46,525 | +17.8% |
| 2028 | ~$2,467,735 | ~$2,467,735 | ~2.0465% | ~$50,502 | +27.9% |
| 2029 | ~$2,678,644 | ~$2,678,644 | ~2.0465% | ~$54,818 | +38.8% |
| 2030 | ~$2,907,578 | ~$2,907,578 | ~2.0465% | ~$59,503 | +50.7% |
| 2026 | ~$2,171,609 | ~$2,122,471 | ~1.9977% | ~$42,400 | +12.5% |
| 2027 | ~$2,444,074 | ~$2,334,718 | ~1.9488% | ~$45,500 | +26.7% |
| 2028 | ~$2,750,723 | ~$2,568,190 | ~1.9000% | ~$48,796 | +42.6% |
| 2029 | ~$3,095,847 | ~$2,825,009 | ~1.8512% | ~$52,296 | +60.4% |
| 2030 | ~$3,484,273 | ~$3,107,510 | ~1.8024% | ~$56,009 | +80.6% |
In 2025, this property's market value of $1,929,519 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +36% 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 | $1,929,519 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $1,782,408 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $1,486,828 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $1,478,364 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $1,292,012 | $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.