3003 HOWARD LN AUSTIN, TX 78728
| Owner | LCR&A FOUNDATION LLC |
|---|---|
| Parcel ID | 0270160303 |
| Short ID | 273260 |
| Type | Real |
| Use Code | 53 Office Small (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 7,624 SF |
| Land SF | 67,954 SF |
| Acres | 1.560 |
| Year Built | 2002 |
| Legal | LOT 1 BLK E CENTURY PARK I |
| Neighborhood | 53NOR |
| Land | $968,345 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $968,345 |
| Improvement | $1,676,263 |
|---|---|
| Total Improvement | $1,676,263 |
| Market | $2,644,608 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,644,608 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $2,644,608 |
| Taxable Value | $2,644,608 |
|---|
Appreciation: Market value has risen +40.8% from $1,877,846 (2021) to $2,644,608 (2025), a CAGR of 8.9% 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 1.5170% in 2025 (+0.0402% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $40,118. 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 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 37% of market value ($968,345 land vs $1,676,263 improvements), about $14/SF of land. Most value sits in the improvements, so building condition, age (~24 yrs), and rent roll drive the underwriting.
Submarket Position: At $2,644,608, 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 +8.9% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $4,057,308 by 2030, with an estimated annual tax burden around $47,824. 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.
3 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 9,880 SF | ✗ |
| 1ST | 1st Floor | 7,624 SF | ✓ |
| 501 | CANOPY | 142 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% | $23,618.99 | $23,618.99 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $9,939.63 | $9,939.63 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $3,121.25 | $3,121.25 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,734.52 | $2,734.52 | Paid |
| E04 Travis County ESD # 04 | 0.0800% | 0.0600% | 0.0400% | 0.0300% | 0.0266% | -0.0034% | $703.47 | $703.47 | Paid |
| Combined Rate | 1.7876% | 1.6382% | 1.4629% | 1.4768% | 1.5170% | +0.0402% | $40,117.86 | $40,117.86 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,645,000 | $2,644,608 | +0.0% |
| Assessed Value | $2,645,000 | $2,644,608 | +0.0% |
| Land Value | $968,345 | $968,345 | +0.0% |
| Improvement Value | $1,676,655 | $1,676,263 | +0.0% |
| Taxable Value | $2,645,000 | $2,644,608 | +0.0% |
| Total Tax 2026 = estimate |
~$40,124
Estimated
|
~$40,118
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $3,412,773 | $2,645,000 | -767,773 (-22.5%) |
| Taxable Value | $3,173,530 | $2,645,000 | -528,530 (-16.7%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,645,000 | $968,345 | $1,676,655 | — | $2,645,000 | $2,645,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $2,644,608 | $968,345 | $1,676,263 | — | $2,644,608 | $2,644,608 | ~$40,118 | Partial |
| 2024 | $2,550,000 | — | — | −$1,581,655 | $968,345 | $— | $44,627 | Verified |
| 2023 | $2,394,000 | — | — | −$1,877,550 | $516,450 | $— | $37,305 | Verified |
| 2022 | $2,010,446 | — | — | −$1,493,996 | $516,450 | $— | $39,219 | Verified |
| 2021 | $1,877,846 | — | — | −$1,361,396 | $516,450 | $— | $35,938 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +29.0% | +20.0% | 93.0% | Not available | Partial |
| 2025 | -12.5% | -12.5% | ~100% | Not available | Partial |
| 2024 | +18.5% | +18.5% | ~100% | 1.4800% | Verified |
| 2023 | +6.5% | +6.5% | ~100% | 1.4600% | Verified |
| 2022 | +19.1% | +19.1% | ~100% | 1.6400% | Verified |
| 2021 | base year | — | ~100% | 1.9100% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +31.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +7.3% | +8.9% | +19.1% | 2023 | +0.0% | 2026 |
| Assessment Ratio | 100.0% | 52.1% | — | 100.0% | 2025 | 21.6% | 2023 |
| Effective Tax Rate (2025) | 1.5200% | 1.5200% | — | 1.5200% | 2025 | 1.5200% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$40,118 | $39,441 | ~$44,857 | $44,627 | 2024 | $35,938 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,880,956 | ~$2,880,956 | ~1.4493% | ~$41,754 | +8.9% |
| 2027 | ~$3,138,427 | ~$3,138,427 | ~1.3817% | ~$43,362 | +18.7% |
| 2028 | ~$3,418,907 | ~$3,418,907 | ~1.3140% | ~$44,925 | +29.3% |
| 2029 | ~$3,724,454 | ~$3,724,454 | ~1.2464% | ~$46,420 | +40.8% |
| 2030 | ~$4,057,308 | ~$4,057,308 | ~1.1787% | ~$47,824 | +53.4% |
| 2026 | ~$2,828,064 | ~$2,828,064 | ~1.5170% | ~$42,901 | +6.9% |
| 2027 | ~$3,024,246 | ~$3,024,246 | ~1.5170% | ~$45,877 | +14.4% |
| 2028 | ~$3,234,038 | ~$3,234,038 | ~1.5170% | ~$49,059 | +22.3% |
| 2029 | ~$3,458,382 | ~$3,458,382 | ~1.5170% | ~$52,463 | +30.8% |
| 2030 | ~$3,698,289 | ~$3,698,289 | ~1.5170% | ~$56,102 | +39.8% |
| 2026 | ~$2,933,848 | ~$2,909,069 | ~1.4155% | ~$41,178 | +10.9% |
| 2027 | ~$3,254,723 | ~$3,199,976 | ~1.3140% | ~$42,048 | +23.1% |
| 2028 | ~$3,610,691 | ~$3,519,973 | ~1.2125% | ~$42,681 | +36.5% |
| 2029 | ~$4,005,592 | ~$3,871,971 | ~1.1111% | ~$43,020 | +51.5% |
| 2030 | ~$4,443,682 | ~$4,259,168 | ~1.0096% | ~$42,999 | +68.0% |
In 2025, this property's market value of $2,644,608 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +87% 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 | $2,644,608 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $2,550,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $2,394,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $2,010,446 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $1,877,846 | $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.