5900 SOUTHWEST PKWY 620 TX 78735
| Owner | KUHLMAN FAMILY INVESTMENTS LP |
|---|---|
| Parcel ID | 0402280412 |
| Short ID | 531748 |
| Type | Real |
| Use Code | 26 Large Office Condo |
| Valuation | Income |
| Improvement SF | 760 SF |
| Land SF | 9,141 SF |
| Acres | 0.210 |
| Year Built | 2005 |
| Legal | UNT 620 5900 SOUTHWEST PARKWAY CONDOMINIUMS AMENDED PLUS 1.3334 % INT IN COM AREA |
| Neighborhood | 23SW04 |
| Land | $63,987 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $63,987 |
| Improvement | $313,513 |
|---|---|
| Total Improvement | $313,513 |
| Market | $377,500 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $377,500 |
| Value Limitation Adjustment (−) (homestead cap) | −$34,060 |
| Net Appraised (assessed) | $343,440 |
| Taxable Value | $343,440 |
|---|
Appreciation: Market value has risen +67.8% from $225,000 (2021) to $377,500 (2025), a CAGR of 13.8% 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 $7,028. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Assessment Gap: Assessed value ($343,440) is $34,060 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 17% of market value ($63,987 land vs $313,513 improvements), about $7/SF of land. Most value sits in the improvements, so building condition, age (~21 yrs), and rent roll drive the underwriting.
Submarket Position: At $377,500, 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 +13.8% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $720,834 by 2030, with an estimated annual tax burden around $10,419. 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.
1 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 760 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% | $3,177.51 | $3,177.51 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $1,799.68 | $1,799.68 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,290.80 | $1,290.80 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $405.34 | $405.34 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $355.12 | $355.12 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $7,028.45 | $7,028.45 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $380,106 | $377,500 | +0.7% |
| Assessed Value | $380,106 | $343,440 | +10.7% |
| Land Value | $63,987 | $63,987 | +0.0% |
| Improvement Value | $316,119 | $313,513 | +0.8% |
| Taxable Value | $380,106 | $343,440 | +10.7% |
| Total Tax 2026 = estimate |
~$7,779
Estimated
|
~$7,028
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $380,106 | $380,106 | +0 (+0.0%) |
| Taxable Value | $380,106 | $380,106 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $380,106 | $63,987 | $316,119 | — | $380,106 | $380,106 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $377,500 | $63,987 | $313,513 | −$34,060 | $343,440 | $343,440 | ~$7,028 | Partial |
| 2024 | $238,500 | — | — | −$174,513 | $63,987 | $— | $5,672 | Verified |
| 2023 | $238,500 | — | — | −$174,513 | $63,987 | $— | $4,315 | Verified |
| 2022 | $238,500 | — | — | −$174,513 | $63,987 | $— | $4,710 | Verified |
| 2021 | $225,000 | — | — | −$161,013 | $63,987 | $— | $5,191 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.7% | +10.7% | ~100% | Not available | Partial |
| 2025 | -1.1% | +20.0% | 91.0% | Not available | Partial |
| 2024 | +23.5% | -7.4% | 75.0% | 1.4900% | Verified |
| 2023 | +29.6% | +29.6% | ~100% | 1.4000% | Verified |
| 2022 | -31.0% | -31.0% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.3100% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +9.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.7% | +13.0% | +13.7% | +58.3% | 2025 | +0.0% | 2023 |
| Assessment Ratio | 100.0% | 50.0% | — | 100.0% | 2026 | 26.8% | 2022 |
| Effective Tax Rate (2025) | 1.8600% | 1.8600% | — | 1.8600% | 2025 | 1.8600% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$7,028 | $5,383 | ~$8,961 | $7,028 | 2025 | $4,315 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$429,636 | ~$377,784 | ~2.0139% | ~$7,608 | +13.8% |
| 2027 | ~$488,972 | ~$415,562 | ~1.9814% | ~$8,234 | +29.5% |
| 2028 | ~$556,503 | ~$457,119 | ~1.9488% | ~$8,909 | +47.4% |
| 2029 | ~$633,361 | ~$502,831 | ~1.9163% | ~$9,636 | +67.8% |
| 2030 | ~$720,834 | ~$553,114 | ~1.8837% | ~$10,419 | +90.9% |
| 2026 | ~$422,086 | ~$377,784 | ~2.0465% | ~$7,731 | +11.8% |
| 2027 | ~$471,938 | ~$415,562 | ~2.0465% | ~$8,504 | +25.0% |
| 2028 | ~$527,678 | ~$457,119 | ~2.0465% | ~$9,355 | +39.8% |
| 2029 | ~$590,001 | ~$502,831 | ~2.0465% | ~$10,290 | +56.3% |
| 2030 | ~$659,685 | ~$553,114 | ~2.0465% | ~$11,319 | +74.8% |
| 2026 | ~$437,186 | ~$377,784 | ~1.9977% | ~$7,547 | +15.8% |
| 2027 | ~$506,309 | ~$415,562 | ~1.9488% | ~$8,099 | +34.1% |
| 2028 | ~$586,360 | ~$457,119 | ~1.9000% | ~$8,685 | +55.3% |
| 2029 | ~$679,069 | ~$502,831 | ~1.8512% | ~$9,308 | +79.9% |
| 2030 | ~$786,435 | ~$553,114 | ~1.8024% | ~$9,969 | +108.3% |
In 2025, this property's market value of $377,500 places it in the bottom 25% for Commercial properties in Travis County (13608 comparable) — -73% 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 | $377,500 | $649,268 | $1,417,484 | $3,347,260 | ↓ Bottom 25% | -0.8% |
| 2024 | $238,500 | $661,016 | $1,438,465 | $3,471,171 | ↓ Bottom 25% | +0.0% |
| 2023 | $238,500 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $238,500 | $553,066 | $1,215,730 | $2,939,150 | ↓ Bottom 25% | +3.3% |
| 2021 | $225,000 | $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.