6208 RICHARDSON LN TX 78741
| Owner | VISION OF HOPE CHURCH |
|---|---|
| Parcel ID | 0305160130 |
| Short ID | 286392 |
| Type | Real |
| Use Code | 53 Office Small (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 3,616 SF |
| Land SF | 39,025 SF |
| Acres | 0.896 |
| Year Built | 1950 |
| Legal | LOT 1 BLK A IGLESIA ADVENTISTA DEL SEPTIMO DIA |
| Neighborhood | 00EXE |
| Land | $312,200 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $312,200 |
| Improvement | $1,364,767 |
|---|---|
| Total Improvement | $1,364,767 |
| Market | $1,676,967 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,676,967 |
| Value Limitation Adjustment (−) (homestead cap) | −$441,413 |
| Net Appraised (assessed) | $1,235,554 |
| Taxable Value | $1,235,554 |
|---|
Appreciation: Market value has risen +134.8% from $714,332 (2021) to $1,676,967 (2025), a CAGR of 23.8% over 4 years. This is strong appreciation — well above typical inflation. 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 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 $25,285. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Assessment Gap: Assessed value ($1,235,554) is $441,413 below market value, suggesting potential for an upward assessment in future years.
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 19% of market value ($312,200 land vs $1,364,767 improvements), about $8/SF of land. Most value sits in the improvements, so building condition, age (~76 yrs), and rent roll drive the underwriting.
Submarket Position: At $1,676,967, 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 +23.8% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $4,873,097 by 2030, with an estimated annual tax burden around $37,484. 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.
5 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 5,500 SF | ✗ |
| 1ST | 1st Floor | 3,616 SF | ✓ |
| 611 | TERRACE | 1,600 SF | ✗ |
| 501 | CANOPY | 956 SF | ✗ |
| 482 | LIGHT POLES | 1 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 |
|---|---|---|---|---|---|---|---|---|---|
| IAU Austin ISD | 1.0617% | 0.9966% | 0.8595% | 0.9505% | 0.9252% | -0.0253% | $11,431.35 | $11,431.35 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $6,474.51 | $6,474.51 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $4,643.77 | $4,643.77 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,458.24 | $1,458.24 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,277.56 | $1,277.56 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $25,285.43 | $25,285.43 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,228,078 | $1,676,967 | -26.8% |
| Assessed Value | $1,228,078 | $1,235,554 | -0.6% |
| Land Value | $312,200 | $312,200 | +0.0% |
| Improvement Value | $915,878 | $1,364,767 | -32.9% |
| Taxable Value | $1,228,078 | $1,235,554 | -0.6% |
| Total Tax 2026 = estimate |
~$25,132
Estimated
|
~$25,285
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,228,078 | $1,228,078 | +0 (+0.0%) |
| Taxable Value | $1,228,078 | $1,228,078 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,228,078 | $312,200 | $915,878 | — | $1,228,078 | $1,228,078 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,676,967 | $312,200 | $1,364,767 | −$441,413 | $1,235,554 | $1,235,554 | ~$25,285 | Partial |
| 2024 | $858,023 | — | — | −$545,823 | $312,200 | $— | $20,405 | Verified |
| 2023 | $720,085 | — | — | −$407,885 | $312,200 | $— | $15,524 | Verified |
| 2022 | $720,085 | — | — | −$407,885 | $312,200 | $— | $14,221 | Verified |
| 2021 | $714,332 | — | — | −$402,132 | $312,200 | $— | $15,674 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -26.8% | -0.6% | ~100% | Not available | Partial |
| 2025 | +36.2% | +20.0% | 73.7% | Not available | Partial |
| 2024 | +43.5% | +20.0% | 83.6% | 1.6600% | Verified |
| 2023 | +19.2% | +19.2% | ~100% | 1.8100% | Verified |
| 2022 | +0.0% | +0.0% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1900% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +132.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -26.8% | +17.7% | +32.8% | +95.4% | 2025 | -26.8% | 2026 |
| Assessment Ratio | 100.0% | 56.8% | — | 100.0% | 2026 | 36.4% | 2024 |
| Effective Tax Rate (2025) | 1.5100% | 1.5100% | — | 1.5100% | 2025 | 1.5100% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$25,285 | $18,222 | ~$32,238 | $25,285 | 2025 | $14,221 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,075,777 | ~$1,359,109 | ~2.0139% | ~$27,372 | +23.8% |
| 2027 | ~$2,569,430 | ~$1,495,020 | ~1.9814% | ~$29,622 | +53.2% |
| 2028 | ~$3,180,481 | ~$1,644,522 | ~1.9488% | ~$32,049 | +89.7% |
| 2029 | ~$3,936,851 | ~$1,808,975 | ~1.9163% | ~$34,665 | +134.8% |
| 2030 | ~$4,873,097 | ~$1,989,872 | ~1.8837% | ~$37,484 | +190.6% |
| 2026 | ~$2,042,237 | ~$1,359,109 | ~2.0465% | ~$27,814 | +21.8% |
| 2027 | ~$2,487,069 | ~$1,495,020 | ~2.0465% | ~$30,595 | +48.3% |
| 2028 | ~$3,028,793 | ~$1,644,522 | ~2.0465% | ~$33,655 | +80.6% |
| 2029 | ~$3,688,513 | ~$1,808,975 | ~2.0465% | ~$37,020 | +120.0% |
| 2030 | ~$4,491,930 | ~$1,989,872 | ~2.0465% | ~$40,722 | +167.9% |
| 2026 | ~$2,109,316 | ~$1,359,109 | ~1.9977% | ~$27,150 | +25.8% |
| 2027 | ~$2,653,131 | ~$1,495,020 | ~1.9488% | ~$29,136 | +58.2% |
| 2028 | ~$3,337,151 | ~$1,644,522 | ~1.9000% | ~$31,246 | +99.0% |
| 2029 | ~$4,197,522 | ~$1,808,975 | ~1.8512% | ~$33,488 | +150.3% |
| 2030 | ~$5,279,711 | ~$1,989,872 | ~1.8024% | ~$35,865 | +214.8% |
In 2025, this property's market value of $1,676,967 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +18% 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 | $1,676,967 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $858,023 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $720,085 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $720,085 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $714,332 | $517,750 | $1,142,600 | $2,780,453 | ↓ Below 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.