STOCKMAN DR DR TX 78747
| Owner | CITY OF AUSTIN |
|---|---|
| Parcel ID | 0340000603 |
| Short ID | 945455 |
| Type | Real |
| Use Code | 53 Office Small (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 15,300 SF |
| Land SF | 67,257 SF |
| Acres | 1.544 |
| Year Built | 2023 |
| Legal | LOT 3 BLK J GOODNIGHT RANCH PHS 2 EAST SEC 1 (1-D-1W) (1-D-1W) |
| Neighborhood | 1SE2 |
| Land | $672,566 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $672,566 |
| Improvement | $3,187,143 |
|---|---|
| Total Improvement | $3,187,143 |
| Market | $3,859,709 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $3,859,709 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $3,859,709 |
| Taxable Value | $3,859,709 |
|---|
Asset Class: Agricultural. Agricultural valuation may be subject to rollback taxes if land use changes. 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 17% of market value ($672,566 land vs $3,187,143 improvements), about $10/SF of land. Most value sits in the improvements, so building condition, age (~3 yrs), and rent roll drive the underwriting.
Submarket Position: At $3,859,709, this parcel sits in the top quartile (≥75th percentile) of Agricultural property in Travis County — county median $597,708 (P25 $207,536 / P75 $1,442,275, n=7,602). Agricultural here is the broad TCAD category — every agricultural 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.
No delinquent taxes on record.
1 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 15,300 SF | ✓ |
Market value changed by 300% in 2023, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $4,039,623 | $3,859,709 | +4.7% |
| Assessed Value | $4,039,623 | $3,859,709 | +4.7% |
| Land Value | $672,566 | $672,566 | +0.0% |
| Improvement Value | $3,367,057 | $3,187,143 | +5.6% |
| Taxable Value | — | — | — |
| Exemptions | — | E | |
| Total Tax | Pending certification | — | |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $4,039,623 | $4,039,623 | +0 (+0.0%) |
| Taxable Value | — | — | — |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $4,039,623 | $672,566 | $3,367,057 | — | $4,039,623 | $— | Not yet — post-cert | Certified — no billing yet |
| 2025 | $3,859,709 | $672,566 | $3,187,143 | — | $3,859,709 | $— | not in county billing file ⓘ | Partial |
| 2024 | $— | — | — | — | — | $— | not in county billing file ⓘ | Partial |
| 2023 | $— | — | — | — | $269,027 | $— | $5,809 | Verified |
| 2022 | $— | — | — | — | $67,257 | $— | $1,463 | Verified |
| 2021 | $— | — | — | — | — | $— | $1,391 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +4.7% | +4.7% | ~100% | Not available | Partial |
| 2025 | +22.9% | +22.9% | ~100% | Not available | Partial |
| 2024 | +1067.8% ! | +1067.8% | ~100% | No billing data | Verified |
| 2023 | +300.0% ! | +300.0% | ~100% | 2.1600% | Verified |
| 2022 | +0.0% | +0.0% | ~100% | 2.1700% | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +5638.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +4.7% | +4.7% | — | +4.7% | 2026 | +4.7% | 2026 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2025 | 100.0% | 2025 |
|
Effective Tax Rate (2025)
⚑ Billing data available for 2025 only |
— | — | — | — | — | — | — |
|
Tax Amount
⚑ Billing data available for 2025 only |
— | — | — | — | — | — | — |
In 2025, this property's market value of $3,859,709 places it in the top 25% for Agricultural properties in Travis County (7602 comparable) — 6× the county median of $597,708. Agricultural here is the broad TCAD category — every agricultural 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 | $3,859,709 | $207,536 | $597,708 | $1,442,275 | ↑ Top 25% | +0.0% |
| 2024 | — | $217,016 | $597,296 | $1,446,593 | — | +23.7% |
| 2023 | — | $167,963 | $453,916 | $1,078,522 | — | +0.0% |
| 2022 | — | $180,794 | $446,888 | $1,009,883 | — | +46.1% |
| 2021 | — | $33,611 | $103,166 | $247,000 | — | base yr |