3101 WOODALL DR TX 78613
| Owner | MURPHY PAUL C LIVING TRUST |
|---|---|
| Parcel ID | 0500400124 |
| Short ID | 352699 |
| Type | Real |
| Use Code | 61 Warehouse (<20,000 SF) |
| Valuation | Cost |
| Improvement SF | 8,345 SF |
| Land SF | 25,700 SF |
| Acres | 0.590 |
| Year Built | 1983 |
| Legal | LOT 1 *LESS 0.123 ACR BLK A INDIAN SPRINGS |
| Neighborhood | 61NWE |
| Land | $128,500 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $128,500 |
| Improvement | $369,641 |
|---|---|
| Total Improvement | $369,641 |
| Market | $498,141 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $498,141 |
| Value Limitation Adjustment (−) (homestead cap) | −$16,442 |
| Net Appraised (assessed) | $481,699 |
| Taxable Value | $481,699 |
|---|
Appreciation: Market value has risen +35.1% from $368,800 (2021) to $498,141 (2025), a CAGR of 7.8% over 4 years. This represents moderate, steady growth. Most of this growth came in a single year (2022→2023), 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 2.0442% in 2025 (+0.0406% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $9,847. Leander ISD is the largest single contributor, at 53.2% of the total 2025 levy.
Assessment Gap: Assessed value ($481,699) is $16,442 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 cost approach, tied more to replacement cost and physical condition than to income performance.
Value Composition: Land carries 26% of market value ($128,500 land vs $369,641 improvements), about $5/SF of land. Most value sits in the improvements, so building condition, age (~43 yrs), and rent roll drive the underwriting.
Submarket Position: At $498,141, 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 +7.8% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $725,361 by 2030, with an estimated annual tax burden around $12,118. 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.
4 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 6,520 SF | ✓ |
| 2ND | 2nd Floor | 1,826 SF | ✓ |
| 093 | HVAC COMMRCL SF | 1,779 SF | ✗ |
| 611 | TERRACE | 180 SF | ✗ |
Market value changed by 80% in 2026, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| Entity | 2021 Rate | 2022 Rate | 2023 Rate | 2024 Rate | 2025 Rate | YoY (2024→25) | Amt Due | Amt Paid | Balance |
|---|---|---|---|---|---|---|---|---|---|
| ILE Leander ISD | 1.3370% | 1.2746% | 1.1087% | 1.0869% | 1.0869% | +0.0000% | $5,235.59 | $5,235.59 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,810.44 | $1,810.44 | Paid |
| CCP City of Cedar Park | 0.4320% | 0.3900% | 0.3700% | 0.3630% | 0.3600% | -0.0030% | $1,734.12 | $1,734.12 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $568.52 | $568.52 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $498.08 | $498.08 | Paid |
| Combined Rate | 2.3430% | 2.1802% | 1.9826% | 2.0036% | 2.0442% | +0.0406% | $9,846.75 | $9,846.75 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $445,612 | $498,141 | -10.5% |
| Assessed Value | $445,612 | $481,699 | -7.5% |
| Land Value | $128,500 | $128,500 | +0.0% |
| Improvement Value | $317,112 | $369,641 | -14.2% |
| Taxable Value | $445,612 | $481,699 | -7.5% |
| Total Tax 2026 = estimate |
~$9,109
Estimated
|
~$9,847
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $895,434 | $445,612 | -449,822 (-50.2%) |
| Taxable Value | $578,039 | $445,612 | -132,427 (-22.9%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $445,612 | $128,500 | $317,112 | — | $445,612 | $445,612 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $498,141 | $128,500 | $369,641 | −$16,442 | $481,699 | $481,699 | ~$9,847 | Partial |
| 2024 | $487,905 | — | — | −$359,405 | $128,500 | $— | $8,043 | Verified |
| 2023 | $462,157 | — | — | −$333,657 | $128,500 | $— | $9,673 | Verified |
| 2022 | $366,578 | — | — | −$238,078 | $128,500 | $— | $10,076 | Verified |
| 2021 | $368,800 | — | — | −$266,000 | $102,800 | $— | $8,589 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +79.8% ! | +20.0% | 64.6% | Not available | Partial |
| 2025 | +24.1% | +20.0% | 96.7% | Not available | Partial |
| 2024 | -17.7% | -17.7% | ~100% | 2.0000% | Verified |
| 2023 | +5.6% | +5.6% | ~100% | 1.9800% | Verified |
| 2022 | +26.1% | +26.1% | ~100% | 2.1800% | Verified |
| 2021 | base year | — | ~100% | 2.3300% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +35.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -10.5% | +4.5% | +10.3% | +26.1% | 2023 | -10.5% | 2026 |
| Assessment Ratio | 100.0% | 52.3% | — | 100.0% | 2026 | 26.3% | 2024 |
| Effective Tax Rate (2025) | 1.9800% | 1.9800% | — | 1.9800% | 2025 | 1.9800% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$9,847 | $9,246 | ~$11,326 | $10,076 | 2022 | $8,043 | 2024 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$537,023 | ~$529,869 | ~1.9695% | ~$10,436 | +7.8% |
| 2027 | ~$578,939 | ~$578,939 | ~1.8948% | ~$10,970 | +16.2% |
| 2028 | ~$624,128 | ~$624,128 | ~1.8201% | ~$11,360 | +25.3% |
| 2029 | ~$672,843 | ~$672,843 | ~1.7454% | ~$11,744 | +35.1% |
| 2030 | ~$725,361 | ~$725,361 | ~1.6707% | ~$12,118 | +45.6% |
| 2026 | ~$527,060 | ~$527,060 | ~2.0442% | ~$10,774 | +5.8% |
| 2027 | ~$557,658 | ~$557,658 | ~2.0442% | ~$11,399 | +11.9% |
| 2028 | ~$590,032 | ~$590,032 | ~2.0442% | ~$12,061 | +18.4% |
| 2029 | ~$624,285 | ~$624,285 | ~2.0442% | ~$12,761 | +25.3% |
| 2030 | ~$660,527 | ~$660,527 | ~2.0442% | ~$13,502 | +32.6% |
| 2026 | ~$546,986 | ~$529,869 | ~1.9321% | ~$10,238 | +9.8% |
| 2027 | ~$600,619 | ~$582,856 | ~1.8201% | ~$10,608 | +20.6% |
| 2028 | ~$659,512 | ~$641,141 | ~1.7080% | ~$10,951 | +32.4% |
| 2029 | ~$724,180 | ~$705,256 | ~1.5960% | ~$11,256 | +45.4% |
| 2030 | ~$795,188 | ~$775,781 | ~1.4839% | ~$11,512 | +59.6% |
In 2025, this property's market value of $498,141 places it in the bottom 25% for Commercial properties in Travis County (13608 comparable) — -65% 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 | $498,141 | $649,268 | $1,417,484 | $3,347,260 | ↓ Bottom 25% | -0.8% |
| 2024 | $487,905 | $661,016 | $1,438,465 | $3,471,171 | ↓ Bottom 25% | +0.0% |
| 2023 | $462,157 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $366,578 | $553,066 | $1,215,730 | $2,939,150 | ↓ Bottom 25% | +3.3% |
| 2021 | $368,800 | $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.