610 RADAM LN TX 78745
| Owner | 610 RADAM LTD |
|---|---|
| Parcel ID | 0409070222 |
| Short ID | 312675 |
| Type | Real |
| Use Code | 55 Medical Office (>10,000 SF) |
| Valuation | Income |
| Improvement SF | — |
| Land SF | 19,950 SF |
| Acres | 0.458 |
| Year Built | — |
| Legal | LOT 1 LESS S15 FT JOHNSONS ANDREW ONE HALF ACRE |
| Neighborhood | 54SOU |
| Land | $399,010 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $399,010 |
| Improvement | $65,115 |
|---|---|
| Total Improvement | $65,115 |
| Market | $464,125 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $464,125 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $464,125 |
| Taxable Value | $464,125 |
|---|
Appreciation: Market value has risen +16.3% from $399,010 (2021) to $464,125 (2025), a CAGR of 3.9% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2021→2022), 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 lagged 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 $9,498. Austin ISD is the largest single contributor, at 45.2% 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 86% of market value ($399,010 land vs $65,115 improvements), about $20/SF of land. With value concentrated in the land, this reads as a land-dominated asset — the classic higher-and-best-use / redevelopment signal. Underwrite the dirt, not the building.
Submarket Position: At $464,125, 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 +3.9% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $560,659 by 2030, with an estimated annual tax burden around $10,561. 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.
2 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 9,000 SF | ✗ |
| 482 | LIGHT POLES | 3 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% | $3,950.56 | $3,950.56 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $2,237.53 | $2,237.53 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,604.84 | $1,604.84 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $503.95 | $503.95 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $441.51 | $441.51 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $8,738.39 | $8,738.39 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $464,125 | $464,125 | +0.0% |
| Assessed Value | $464,125 | $464,125 | +0.0% |
| Land Value | $399,010 | $399,010 | +0.0% |
| Improvement Value | $65,115 | $65,115 | +0.0% |
| Taxable Value | $464,125 | $464,125 | +0.0% |
| Total Tax 2026 = estimate |
~$9,498
Estimated
|
~$8,738
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $464,125 | $464,125 | +0 (+0.0%) |
| Taxable Value | $464,125 | $464,125 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $464,125 | $399,010 | $65,115 | — | $464,125 | $464,125 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $464,125 | $399,010 | $65,115 | — | $464,125 | $464,125 | ~$8,738 | Partial |
| 2024 | $464,125 | — | — | −$65,115 | $399,010 | $— | $8,462 | Verified |
| 2023 | $487,400 | — | — | −$88,390 | $399,010 | $— | $8,397 | Verified |
| 2022 | $518,553 | — | — | −$119,543 | $399,010 | $— | $9,626 | Verified |
| 2021 | $399,010 | — | — | — | $399,010 | $— | $11,287 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2025 | +8.7% | +8.7% | ~100% | Not available | Partial |
| 2024 | -17.7% | -17.7% | ~100% | 1.9800% | Verified |
| 2023 | +0.0% | +0.0% | ~100% | 1.6200% | Verified |
| 2022 | +0.0% | +0.0% | ~100% | 1.8600% | Verified |
| 2021 | base year | — | ~100% | 2.8300% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -10.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +3.8% | +3.9% | +30.0% | 2022 | -6.0% | 2023 |
| Assessment Ratio | 100.0% | 90.8% | — | 100.0% | 2021 | 76.9% | 2022 |
| Effective Tax Rate (2025) | 1.8800% | 1.8800% | — | 1.8800% | 2025 | 1.8800% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$8,738 | $9,302 | ~$10,132 | $11,287 | 2021 | $8,397 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$482,001 | ~$482,001 | ~2.0139% | ~$9,707 | +3.9% |
| 2027 | ~$500,565 | ~$500,565 | ~1.9814% | ~$9,918 | +7.9% |
| 2028 | ~$519,844 | ~$519,844 | ~1.9488% | ~$10,131 | +12.0% |
| 2029 | ~$539,866 | ~$539,866 | ~1.9163% | ~$10,345 | +16.3% |
| 2030 | ~$560,659 | ~$560,659 | ~1.8837% | ~$10,561 | +20.8% |
| 2026 | ~$472,718 | ~$472,718 | ~2.0465% | ~$9,674 | +1.9% |
| 2027 | ~$481,471 | ~$481,471 | ~2.0465% | ~$9,853 | +3.7% |
| 2028 | ~$490,385 | ~$490,385 | ~2.0465% | ~$10,036 | +5.7% |
| 2029 | ~$499,465 | ~$499,465 | ~2.0465% | ~$10,221 | +7.6% |
| 2030 | ~$508,712 | ~$508,712 | ~2.0465% | ~$10,411 | +9.6% |
| 2026 | ~$491,283 | ~$491,283 | ~1.9977% | ~$9,814 | +5.9% |
| 2027 | ~$520,031 | ~$520,031 | ~1.9488% | ~$10,135 | +12.0% |
| 2028 | ~$550,460 | ~$550,460 | ~1.9000% | ~$10,459 | +18.6% |
| 2029 | ~$582,671 | ~$582,671 | ~1.8512% | ~$10,786 | +25.5% |
| 2030 | ~$616,766 | ~$616,766 | ~1.8024% | ~$11,116 | +32.9% |
In 2025, this property's market value of $464,125 places it in the bottom 25% for Commercial properties in Travis County (13608 comparable) — -67% 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 | $464,125 | $649,268 | $1,417,484 | $3,347,260 | ↓ Bottom 25% | -0.8% |
| 2024 | $464,125 | $661,016 | $1,438,465 | $3,471,171 | ↓ Bottom 25% | +0.0% |
| 2023 | $487,400 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $518,553 | $553,066 | $1,215,730 | $2,939,150 | ↓ Bottom 25% | +3.3% |
| 2021 | $399,010 | $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.