9828 GREAT HILLS TRL 78759
| Owner | GREAT HILLS RETAIL INC |
|---|---|
| Parcel ID | 0154010216 |
| Short ID | 958228 |
| Type | Real |
| Use Code | 41 Community Shopping Center |
| Valuation | Income |
| Improvement SF | 112,774 SF |
| Land SF | 750,814 SF |
| Acres | 17.236 |
| Year Built | 1991 |
| Legal | OAK VIEW SEC 2 AMD - SCHMIDT TRACT NO 1 LOT 2 |
| Neighborhood | FNW |
| Land | $30,032,560 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $30,032,560 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $29,978,275 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $29,978,275 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $29,978,275 |
| Taxable Value | $29,978,275 |
|---|
Appreciation: Market value has fallen -25.5% from $40,252,587 (2022) to $29,978,275 (2025), a CAGR of -9.4% over 3 years. Growth has been relatively flat for this asset class. 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 +16.2%, 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 $613,501. 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 100% of market value ($30,032,560 land vs $0 improvements), about $40/SF of land. With value concentrated in the land under a ~35-year-old structure, this reads as a land-dominated asset — the classic higher-and-best-use / redevelopment signal. Underwrite the dirt, not the building.
Submarket Position: At $29,978,275, this parcel sits in the top quartile (≥75th percentile) of Commercial property in Travis County — county median $1,382,921 (P25 $632,506 / P75 $3,258,143, n=13,595). 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 -5.1% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $25,203,968 by 2031, with an estimated annual tax burden around $474,778. 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.
7 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 193,330 SF | ✗ |
| 1ST | 1st Floor | 112,774 SF | ✓ |
| 491 | SPRINKLER HEADS | 112,774 SF | ✗ |
| 611 | TERRACE | 16,845 SF | ✗ |
| 501 | CANOPY | 16,735 SF | ✗ |
| 511 | DECK | 476 SF | ✗ |
| 482 | LIGHT POLES | 17 SF | ✓ |
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.
| 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% | $277,359.00 | $277,359.00 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $157,091.26 | $157,091.26 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $112,671.85 | $112,671.85 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $35,381.26 | $35,381.26 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $30,997.54 | $30,997.54 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $613,500.91 | $613,500.91 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $277,359.00 | 45.2% |
| CAT City of Austin | 0.5240% | $157,091.26 | 25.6% |
| TCO Travis County | 0.3758% | $112,671.85 | 18.4% |
| THD Travis Central Health | 0.1180% | $35,381.26 | 5.8% |
| ACT Austin Community College | 0.1034% | $30,997.54 | 5.1% |
| Total | 2.0465% | $613,500.91 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $32,690,923 | $29,978,275 | +9.0% |
| Assessed Value | $32,690,923 | $29,978,275 | +9.0% |
| Land Value | $30,032,560 | $30,032,560 | +0.0% |
| Improvement Value | $2,658,363 | — | — |
| Taxable Value | $32,690,923 | $29,978,275 | +9.0% |
| Total Tax 2026 = estimate |
~$669,015
Estimated
|
~$613,501
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $32,690,923 | $30,032,560 | $2,658,363 | — | $32,690,923 | $32,690,923 | Not yet — post-cert | Preliminary |
| 2025 | $29,978,275 | $30,032,560 | — | — | $29,978,275 | $29,978,275 | ~$613,501 | Partial |
| 2024 | $36,440,000 | $30,032,560 | $6,407,440 | — | $36,440,000 | $36,440,000 | $722,173 | Verified |
| 2023 | $36,725,000 | $11,262,210 | $25,462,790 | — | $36,725,000 | $36,725,000 | $664,446 | Verified |
| 2022 | $40,252,587 | $11,262,210 | $28,990,377 | — | $40,252,587 | $40,252,587 | $794,958 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +9.0% | +9.0% | ~100% | Not available | Partial |
| 2025 | -17.7% | -17.7% | ~100% | Not available | Partial |
| 2024 | -0.8% | -0.8% | ~100% | No billing data | Verified |
| 2023 | -8.8% | -8.8% | ~100% | No billing data | Verified |
| 2022 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): -25.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +9.0% | -4.6% | -5.1% | +9.0% | 2026 | -17.7% | 2025 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2022 | 100.0% | 2022 |
| 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 |
$613,501 | $698,769 | ~$547,465 | $794,958 | 2022 | $613,501 | 2025 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$31,033,841 | ~$31,033,841 | ~2.0139% | ~$625,002 | -5.1% |
| 2028 | ~$29,460,755 | ~$29,460,755 | ~1.9814% | ~$583,732 | -9.9% |
| 2029 | ~$27,967,408 | ~$27,967,408 | ~1.9488% | ~$545,040 | -14.4% |
| 2030 | ~$26,549,758 | ~$26,549,758 | ~1.9163% | ~$508,771 | -18.8% |
| 2031 | ~$25,203,968 | ~$25,203,968 | ~1.8837% | ~$474,778 | -22.9% |
| 2027 | ~$31,056,377 | ~$31,056,377 | ~2.0465% | ~$635,564 | -5.0% |
| 2028 | ~$29,503,558 | ~$29,503,558 | ~2.0465% | ~$603,786 | -9.8% |
| 2029 | ~$28,028,380 | ~$28,028,380 | ~2.0465% | ~$573,597 | -14.3% |
| 2030 | ~$26,626,961 | ~$26,626,961 | ~2.0465% | ~$544,917 | -18.5% |
| 2031 | ~$25,295,613 | ~$25,295,613 | ~2.0465% | ~$517,671 | -22.6% |
| 2027 | ~$31,687,659 | ~$31,687,659 | ~1.9977% | ~$633,012 | -3.1% |
| 2028 | ~$30,715,185 | ~$30,715,185 | ~1.9488% | ~$598,590 | -6.0% |
| 2029 | ~$29,772,556 | ~$29,772,556 | ~1.9000% | ~$565,684 | -8.9% |
| 2030 | ~$28,858,855 | ~$28,858,855 | ~1.8512% | ~$534,233 | -11.7% |
| 2031 | ~$27,973,195 | ~$27,973,195 | ~1.8024% | ~$504,181 | -14.4% |
In 2025, this property's market value of $29,978,275 places it in the top 25% for Commercial properties in Travis County (13595 comparable) — 22× the county median of $1,382,921. 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 | $29,978,275 | $632,506 | $1,382,921 | $3,258,143 | ↑ Top 25% | -0.8% |
| 2024 | $36,440,000 | $647,500 | $1,401,787 | $3,362,090 | ↑ Top 25% | +0.0% |
| 2023 | $36,725,000 | $651,680 | $1,383,015 | $3,277,245 | ↑ Top 25% | +9.7% |
| 2022 | $40,252,587 | $535,964 | $1,190,250 | $2,842,216 | ↑ Top 25% | +3.3% |
| Source | What it provides | Coverage for this parcel | Confidence |
|---|---|---|---|
| TCAD Certified Appraisal Roll ↗ | Market, assessed, and taxable value; land/improvement split; exemptions | 2025 | Certified |
| Texas Comptroller Annual Jurisdiction Roll (AJR) | Prior-year market and taxable value | 2022–2024 | Verified |
| TCAD Preliminary Export ↗ | First-look 2026 appraisal value, subject to change at certification | 2026 (exported June 9, 2026; certifies July 25, 2026) | Preliminary |
| Travis County Rates History ↗ | Adopted tax rate for each of this parcel's taxing entities | 1990–2025 | Verified |
| TaxCurOpenData | Current-year (2025) tax billing, by taxing entity | 2025 | Partial |
| PIR bulk billing export | Prior-year tax billing, Travis County Tax Office | 2022, 2023, 2024 | Verified |
| Satellite imagery (Esri World Imagery) | Aerial view of the parcel | Located by geocoding this parcel's address — may not resolve for every address | — |