14231 TANDEM BLVD TX 78728
| Owner | SWVP TANDEM BLVD LLC |
|---|---|
| Parcel ID | 0272181701 |
| Short ID | 905528 |
| Type | Real |
| Use Code | 51 Office Large (>35,000 SF) |
| Valuation | Income |
| Improvement SF | 250,649 SF |
| Land SF | 808,419 SF |
| Acres | 18.559 |
| Year Built | 1983 |
| Legal | LOT 1A BLK A WELLS BRANCH PHS A SEC 5 A AMD LTS 1 & 2 BLK A |
| Neighborhood | 51NOR |
| Land | $3,233,676 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $3,233,676 |
| Improvement | $21,325,198 |
|---|---|
| Total Improvement | $21,325,198 |
| Market | $24,558,874 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $24,558,874 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $24,558,874 |
| Taxable Value | $24,558,874 |
|---|
Appreciation: Market value has risen +100.3% from $12,261,542 (2021) to $24,558,874 (2025), a CAGR of 19.0% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2022→2023), 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 7 taxing entities is 1.8536% in 2025 (+0.0359% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $455,231. Round Rock ISD is the largest single contributor, at 48.2% 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 13% of market value ($3,233,676 land vs $21,325,198 improvements), about $4/SF of land. Most value sits in the improvements, so building condition, age (~43 yrs), and rent roll drive the underwriting.
Submarket Position: At $24,558,874, this parcel sits in the top quartile (≥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 +19.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $58,517,754 by 2030, with an estimated annual tax burden around $572,995. 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.
15 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 231,175 SF | ✗ |
| 1ST | 1st Floor | 201,957 SF | ✓ |
| 491 | SPRINKLER HEADS | 179,117 SF | ✗ |
| 2ND | 2nd Floor | 48,692 SF | ✓ |
| 438 | STREETS PRIVATE | 32,950 SF | ✗ |
| 611 | TERRACE | 9,235 SF | ✗ |
| 328 | MEZZ COMM (STG) | 7,744 SF | ✓ |
| 412 | TENNIS COURT | 7,500 SF | ✗ |
| 501 | CANOPY | 1,204 SF | ✗ |
| 541 | FENCE COMM LF | 730 SF | ✗ |
| 408 | LOADING RAMP | 600 SF | ✓ |
| 327 | STORAGE COMM'L | 304 SF | ✓ |
| 482 | LIGHT POLES | 45 SF | ✓ |
| 276 | ELEVATOR COM PAS | 1 SF | ✓ |
| 476 | ELEVATOR FREIGHT | 1 SF | ✓ |
Market value changed by 386% in 2022, 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 |
|---|---|---|---|---|---|---|---|---|---|
| IRR Round Rock ISD | 1.1336% | 1.0626% | 0.9190% | 0.8931% | 0.8931% | +0.0000% | $219,335.30 | $219,335.30 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $92,303.30 | $92,303.30 | Paid |
| U32 Wells Branch MUD | 0.3350% | 0.2829% | 0.2570% | 0.2400% | 0.2400% | +0.0000% | $58,941.30 | $58,941.30 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $28,985.12 | $28,985.12 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $25,393.88 | $25,393.88 | Paid |
| E02 Travis County ESD # 02 | 0.0900% | 0.0800% | 0.0773% | 0.0939% | 0.0928% | -0.0011% | $22,782.04 | $22,782.04 | Paid |
| E17 Travis County ESD #17 | 0.0450% | 0.0245% | 0.0230% | 0.0370% | 0.0305% | -0.0065% | $7,490.46 | $7,490.46 | Paid |
| Combined Rate | 2.1776% | 1.9656% | 1.7802% | 1.8177% | 1.8536% | +0.0359% | $455,231.40 | $455,231.40 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $24,558,874 | $24,558,874 | +0.0% |
| Assessed Value | $24,558,874 | $24,558,874 | +0.0% |
| Land Value | $3,233,676 | $3,233,676 | +0.0% |
| Improvement Value | $21,325,198 | $21,325,198 | +0.0% |
| Taxable Value | $24,558,874 | $24,558,874 | +0.0% |
| Total Tax 2026 = estimate |
~$455,231
Estimated
|
~$455,231
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $36,380,457 | $24,558,874 | -11,821,583 (-32.5%) |
| Taxable Value | $36,380,457 | $24,558,874 | -11,821,583 (-32.5%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $24,558,874 | $3,233,676 | $21,325,198 | — | $24,558,874 | $24,558,874 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $24,558,874 | $3,233,676 | $21,325,198 | — | $24,558,874 | $24,558,874 | ~$455,231 | Partial |
| 2024 | $49,479,641 | — | — | −$46,245,965 | $3,233,676 | $— | $413,186 | Verified |
| 2023 | $64,525,933 | — | — | −$61,292,257 | $3,233,676 | $— | $603,730 | Verified |
| 2022 | $13,288,620 | — | — | −$10,054,944 | $3,233,676 | $— | $773,118 | Verified |
| 2021 | $12,261,542 | — | — | −$9,027,866 | $3,233,676 | $— | $289,370 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +48.1% | +48.1% | ~100% | Not available | Partial |
| 2025 | +8.0% | +8.0% | ~100% | Not available | Partial |
| 2024 | -54.1% | -54.1% | ~100% | 1.8200% | Verified |
| 2023 | -23.3% | -23.3% | ~100% | 1.2200% | Verified |
| 2022 | +385.6% ! | +385.6% | ~100% | 1.2000% | Verified |
| 2021 | base year | — | ~100% | 2.3600% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +84.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +64.1% | +19.0% | +385.6% | 2023 | -50.4% | 2025 |
| Assessment Ratio | 100.0% | 43.7% | — | 100.0% | 2025 | 5.0% | 2023 |
| Effective Tax Rate (2025) | 1.8500% | 1.8500% | — | 1.8500% | 2025 | 1.8500% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$455,231 | $506,927 | ~$526,218 | $773,118 | 2022 | $289,370 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$29,216,238 | ~$27,014,761 | ~1.7726% | ~$478,876 | +19.0% |
| 2027 | ~$34,756,828 | ~$29,716,238 | ~1.6917% | ~$502,698 | +41.5% |
| 2028 | ~$41,348,139 | ~$32,687,861 | ~1.6107% | ~$526,495 | +68.4% |
| 2029 | ~$49,189,432 | ~$35,956,647 | ~1.5297% | ~$550,024 | +100.3% |
| 2030 | ~$58,517,754 | ~$39,552,312 | ~1.4487% | ~$572,995 | +138.3% |
| 2026 | ~$28,725,060 | ~$27,014,761 | ~1.8536% | ~$500,755 | +17.0% |
| 2027 | ~$33,598,002 | ~$29,716,238 | ~1.8536% | ~$550,830 | +36.8% |
| 2028 | ~$39,297,593 | ~$32,687,861 | ~1.8536% | ~$605,913 | +60.0% |
| 2029 | ~$45,964,067 | ~$35,956,647 | ~1.8536% | ~$666,504 | +87.2% |
| 2030 | ~$53,761,446 | ~$39,552,312 | ~1.8536% | ~$733,155 | +118.9% |
| 2026 | ~$29,707,415 | ~$27,014,761 | ~1.7322% | ~$467,937 | +21.0% |
| 2027 | ~$35,935,301 | ~$29,716,238 | ~1.6107% | ~$478,632 | +46.3% |
| 2028 | ~$43,468,805 | ~$32,687,861 | ~1.4892% | ~$486,786 | +77.0% |
| 2029 | ~$52,581,639 | ~$35,956,647 | ~1.3677% | ~$491,784 | +114.1% |
| 2030 | ~$63,604,894 | ~$39,552,312 | ~1.2462% | ~$492,914 | +159.0% |
In 2025, this property's market value of $24,558,874 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 17× 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 | $24,558,874 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $49,479,641 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $64,525,933 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $13,288,620 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $12,261,542 | $517,750 | $1,142,600 | $2,780,453 | ↑ 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.