627 RADAM LN TX 78745
| Owner | TEXAS STATE EMPLOYEES UNION |
|---|---|
| Parcel ID | 0409070358 |
| Short ID | 312745 |
| Type | Real |
| Use Code | 53 Office Small (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 2,903 SF |
| Land SF | 9,037 SF |
| Acres | 0.207 |
| Year Built | 1984 |
| Legal | LOT 1 GONZALES NASH & OLGA SUBD |
| Neighborhood | 53SOU |
| Land | $225,934 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $225,934 |
| Improvement | $898,275 |
|---|---|
| Total Improvement | $898,275 |
| Market | $1,124,209 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,124,209 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,124,209 |
| Taxable Value | $1,124,209 |
|---|
Appreciation: Market value has risen +39.6% from $805,456 (2021) to $1,124,209 (2025), a CAGR of 8.7% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2023→2024), 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 $23,007. 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 20% of market value ($225,934 land vs $898,275 improvements), about $25/SF of land. Most value sits in the improvements, so building condition, age (~42 yrs), and rent roll drive the underwriting.
Submarket Position: At $1,124,209, this parcel sits in the lower-middle (25th–50th 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 +8.7% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,705,507 by 2030, with an estimated annual tax burden around $32,127. 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.
3 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 4,500 SF | ✗ |
| 1ST | 1st Floor | 2,903 SF | ✓ |
| 501 | CANOPY | 435 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% | $10,401.18 | $10,401.18 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $5,891.05 | $5,891.05 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $4,225.28 | $4,225.28 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,326.83 | $1,326.83 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,162.43 | $1,162.43 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $23,006.77 | $23,006.77 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $825,307 | $1,124,209 | -26.6% |
| Assessed Value | $825,307 | $1,124,209 | -26.6% |
| Land Value | $225,934 | $225,934 | +0.0% |
| Improvement Value | $599,373 | $898,275 | -33.3% |
| Taxable Value | $825,307 | $1,124,209 | -26.6% |
| Total Tax 2026 = estimate |
~$16,890
Estimated
|
~$23,007
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $825,307 | $825,307 | +0 (+0.0%) |
| Taxable Value | $825,307 | $825,307 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $825,307 | $225,934 | $599,373 | — | $825,307 | $825,307 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,124,209 | $225,934 | $898,275 | — | $1,124,209 | $1,124,209 | ~$23,007 | Partial |
| 2024 | $1,117,732 | — | — | −$891,798 | $225,934 | $— | $26,582 | Verified |
| 2023 | $754,976 | — | — | −$529,042 | $225,934 | $— | $20,223 | Verified |
| 2022 | $789,696 | — | — | −$563,762 | $225,934 | $— | $14,910 | Verified |
| 2021 | $805,456 | — | — | −$579,522 | $225,934 | $— | $17,189 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -26.6% | -26.6% | ~100% | Not available | Partial |
| 2025 | -35.1% | -16.2% | ~100% | Not available | Partial |
| 2024 | +55.0% | +20.0% | 77.4% | 1.5300% | Verified |
| 2023 | +39.2% | +39.2% | ~100% | 1.8100% | Verified |
| 2022 | +1.7% | +1.7% | ~100% | 1.8600% | Verified |
| 2021 | base year | — | ~100% | 2.1300% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +42.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -26.6% | +3.1% | +16.6% | +48.0% | 2024 | -26.6% | 2026 |
| Assessment Ratio | 100.0% | 51.1% | — | 100.0% | 2025 | 20.2% | 2024 |
| Effective Tax Rate (2025) | 2.0500% | 2.0500% | — | 2.0500% | 2025 | 2.0500% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$23,007 | $20,382 | ~$28,251 | $26,582 | 2024 | $14,910 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,221,936 | ~$1,221,936 | ~2.0139% | ~$24,609 | +8.7% |
| 2027 | ~$1,328,158 | ~$1,328,158 | ~1.9814% | ~$26,316 | +18.1% |
| 2028 | ~$1,443,614 | ~$1,443,614 | ~1.9488% | ~$28,134 | +28.4% |
| 2029 | ~$1,569,106 | ~$1,569,106 | ~1.9163% | ~$30,069 | +39.6% |
| 2030 | ~$1,705,507 | ~$1,705,507 | ~1.8837% | ~$32,127 | +51.7% |
| 2026 | ~$1,199,452 | ~$1,199,452 | ~2.0465% | ~$24,547 | +6.7% |
| 2027 | ~$1,279,730 | ~$1,279,730 | ~2.0465% | ~$26,189 | +13.8% |
| 2028 | ~$1,365,382 | ~$1,365,382 | ~2.0465% | ~$27,942 | +21.5% |
| 2029 | ~$1,456,766 | ~$1,456,766 | ~2.0465% | ~$29,812 | +29.6% |
| 2030 | ~$1,554,266 | ~$1,554,266 | ~2.0465% | ~$31,808 | +38.3% |
| 2026 | ~$1,244,420 | ~$1,236,630 | ~1.9977% | ~$24,704 | +10.7% |
| 2027 | ~$1,377,485 | ~$1,360,293 | ~1.9488% | ~$26,510 | +22.5% |
| 2028 | ~$1,524,778 | ~$1,496,322 | ~1.9000% | ~$28,430 | +35.6% |
| 2029 | ~$1,687,822 | ~$1,645,954 | ~1.8512% | ~$30,470 | +50.1% |
| 2030 | ~$1,868,300 | ~$1,810,550 | ~1.8024% | ~$32,633 | +66.2% |
In 2025, this property's market value of $1,124,209 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -21% 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 | $1,124,209 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $1,117,732 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $754,976 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $789,696 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $805,456 | $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.