2509 GARDENIA DR TX 78727
| Owner | AUSTIN DENTAL CARES |
|---|---|
| Parcel ID | 0268180401 |
| Short ID | 272465 |
| Type | Real |
| Use Code | 10 Manufactured Commercial Bldg |
| Valuation | Cost |
| Improvement SF | 1,462 SF |
| Land SF | 40,435 SF |
| Acres | 0.928 |
| Year Built | 1987 |
| Legal | LOT 84&85 KINGS VILLAGE SEC 2 PT 1 |
| Neighborhood | 1NO3 |
| Land | $161,741 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $161,741 |
| Improvement | $56,054 |
|---|---|
| Total Improvement | $56,054 |
| Market | $217,795 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $217,795 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $217,795 |
| Taxable Value | $217,795 |
|---|
Appreciation: Market value has risen +3.5% from $210,438 (2021) to $217,795 (2025), a CAGR of 0.9% over 4 years. Growth has been relatively flat for this asset class. 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 lagged the broader commercial market over the same period.
Tax Burden: The combined rate across 5 taxing entities is 1.5170% in 2025 (+0.0402% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $3,304. Round Rock ISD is the largest single contributor, at 58.9% 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 74% of market value ($161,741 land vs $56,054 improvements), about $4/SF of land. With value concentrated in the land under a ~39-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 $217,795, this parcel sits in the bottom quartile (<25th 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 +0.9% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $227,354 by 2030, with an estimated annual tax burden around $2,680. 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 | 3,000 SF | ✗ |
| 1ST | 1st Floor | 1,462 SF | ✓ |
| 541 | FENCE COMM LF | 860 SF | ✗ |
| 327 | STORAGE COMM'L | 100 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 |
|---|---|---|---|---|---|---|---|---|---|
| IRR Round Rock ISD | 1.1336% | 1.0626% | 0.9190% | 0.8931% | 0.8931% | +0.0000% | $1,786.20 | $1,786.20 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $751.69 | $751.69 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $236.05 | $236.05 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $206.80 | $206.80 | Paid |
| E04 Travis County ESD # 04 | 0.0800% | 0.0600% | 0.0400% | 0.0300% | 0.0266% | -0.0034% | $53.20 | $53.20 | Paid |
| Combined Rate | 1.7876% | 1.6382% | 1.4629% | 1.4768% | 1.5170% | +0.0402% | $3,033.94 | $3,033.94 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $217,795 | $217,795 | +0.0% |
| Assessed Value | $217,795 | $217,795 | +0.0% |
| Land Value | $161,741 | $161,741 | +0.0% |
| Improvement Value | $56,054 | $56,054 | +0.0% |
| Taxable Value | $217,795 | $217,795 | +0.0% |
| Total Tax 2026 = estimate |
~$3,304
Estimated
|
~$3,034
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $217,795 | $217,795 | +0 (+0.0%) |
| Taxable Value | $217,795 | $217,795 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $217,795 | $161,741 | $56,054 | — | $217,795 | $217,795 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $217,795 | $161,741 | $56,054 | — | $217,795 | $217,795 | ~$3,034 | Partial |
| 2024 | $200,000 | — | — | −$38,259 | $161,741 | $— | $2,954 | Verified |
| 2023 | $205,000 | — | — | −$43,259 | $161,741 | $— | $2,926 | Verified |
| 2022 | $210,790 | — | — | −$49,049 | $161,741 | $— | $3,358 | Verified |
| 2021 | $210,438 | — | — | −$48,697 | $161,741 | $— | $3,768 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2025 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2024 | +0.0% | +0.0% | ~100% | 1.3600% | Verified |
| 2023 | -4.1% | -4.1% | ~100% | 1.3400% | Verified |
| 2022 | +7.8% | +7.8% | ~100% | 1.4800% | Verified |
| 2021 | base year | — | ~100% | 1.7900% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +3.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +0.8% | +0.9% | +8.9% | 2025 | -2.7% | 2023 |
| Assessment Ratio | 100.0% | 85.6% | — | 100.0% | 2025 | 76.7% | 2022 |
| Effective Tax Rate (2025) | 1.3900% | 1.3900% | — | 1.3900% | 2025 | 1.3900% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$3,034 | $3,208 | ~$2,934 | $3,768 | 2021 | $2,926 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$219,674 | ~$219,674 | ~1.4493% | ~$3,184 | +0.9% |
| 2027 | ~$221,569 | ~$221,569 | ~1.3817% | ~$3,061 | +1.7% |
| 2028 | ~$223,481 | ~$223,481 | ~1.3140% | ~$2,937 | +2.6% |
| 2029 | ~$225,409 | ~$225,409 | ~1.2464% | ~$2,809 | +3.5% |
| 2030 | ~$227,354 | ~$227,354 | ~1.1787% | ~$2,680 | +4.4% |
| 2026 | ~$215,318 | ~$215,318 | ~1.5170% | ~$3,266 | -1.1% |
| 2027 | ~$212,870 | ~$212,870 | ~1.5170% | ~$3,229 | -2.3% |
| 2028 | ~$210,449 | ~$210,449 | ~1.5170% | ~$3,192 | -3.4% |
| 2029 | ~$208,055 | ~$208,055 | ~1.5170% | ~$3,156 | -4.5% |
| 2030 | ~$205,689 | ~$205,689 | ~1.5170% | ~$3,120 | -5.6% |
| 2026 | ~$224,030 | ~$224,030 | ~1.4155% | ~$3,171 | +2.9% |
| 2027 | ~$230,443 | ~$230,443 | ~1.3140% | ~$3,028 | +5.8% |
| 2028 | ~$237,041 | ~$237,041 | ~1.2125% | ~$2,874 | +8.8% |
| 2029 | ~$243,827 | ~$243,827 | ~1.1111% | ~$2,709 | +12.0% |
| 2030 | ~$250,807 | ~$250,807 | ~1.0096% | ~$2,532 | +15.2% |
In 2025, this property's market value of $217,795 places it in the bottom 25% for Commercial properties in Travis County (13608 comparable) — -85% below 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 | $217,795 | $649,268 | $1,417,484 | $3,347,260 | ↓ Bottom 25% | -0.8% |
| 2024 | $200,000 | $661,016 | $1,438,465 | $3,471,171 | ↓ Bottom 25% | +0.0% |
| 2023 | $205,000 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $210,790 | $553,066 | $1,215,730 | $2,939,150 | ↓ Bottom 25% | +3.3% |
| 2021 | $210,438 | $517,750 | $1,142,600 | $2,780,453 | ↓ Bottom 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.