771 AIRPORT BLVD TX 78702
| Owner | ADAKY AVIGAIL RUTH |
|---|---|
| Parcel ID | 0202170212 |
| Short ID | 190107 |
| Type | Real |
| Use Code | 83 Service / Repair Garage |
| Valuation | Income |
| Improvement SF | 3,477 SF |
| Land SF | 16,200 SF |
| Acres | 0.372 |
| Year Built | 1946 |
| Legal | ABS 22 SUR 29 TANNEHILL J C ACR .39 |
| Neighborhood | 83EAS |
| Land | $1,296,000 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,296,000 |
| Improvement | $51,700 |
|---|---|
| Total Improvement | $51,700 |
| Market | $1,347,700 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,347,700 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,347,700 |
| Taxable Value | $1,347,700 |
|---|
Appreciation: Market value has risen +163.3% from $511,792 (2021) to $1,347,700 (2025), a CAGR of 27.4% over 4 years. This is strong appreciation — well above typical inflation. 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 +17.8%, 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 $27,580. 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 96% of market value ($1,296,000 land vs $51,700 improvements), about $80/SF of land. With value concentrated in the land under a ~80-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 $1,347,700, this parcel sits in the lower-middle (25th–50th 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 +16.5% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $2,364,242 by 2031, with an estimated annual tax burden around $33,372. 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 |
|---|---|---|---|
| 1ST | 1st Floor | 3,477 SF | ✓ |
| 551 | PAVED AREA | 2,301 SF | ✗ |
| 501 | CANOPY | 441 SF | ✗ |
| Entity | 2024 Rate | 2025 Rate | Rate Effect |
|---|---|---|---|
| City of Austin | 0.4776% | 0.5240% | +511 |
| Travis County | 0.3444% | 0.3758% | +345 |
| Austin ISD | 0.9505% | 0.9252% | -278 |
| Travis Central Health | 0.1080% | 0.1180% | +111 |
| Austin Community College | 0.1013% | 0.1034% | +23 |
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% | $10,177.20 | $9,041.85 | $1,135.35 |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $5,764.19 | $5,121.14 | $643.05 |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $4,134.30 | $3,673.08 | $461.22 |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,298.25 | $1,153.42 | $144.83 |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,137.40 | $1,010.51 | $126.89 |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $22,511.34 | $20,000.00 | $2,511.34 |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $10,177.20 | 45.2% |
| CAT City of Austin | 0.5240% | $5,764.19 | 25.6% |
| TCO Travis County | 0.3758% | $4,134.30 | 18.4% |
| THD Travis Central Health | 0.1180% | $1,298.25 | 5.8% |
| ACT Austin Community College | 0.1034% | $1,137.40 | 5.1% |
| Total | 2.0465% | $22,511.34 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,100,000 | $1,347,700 | -18.4% |
| Assessed Value | $1,100,000 | $1,347,700 | -18.4% |
| Land Value | $1,296,000 | $1,296,000 | +0.0% |
| Improvement Value | — | $51,700 | — |
| Taxable Value | $1,100,000 | $1,347,700 | -18.4% |
| Total Tax 2026 = estimate |
~$22,511
Estimated
|
$22,511 | |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $1,100,000 | $1,296,000 | — | — | $1,100,000 | $1,100,000 | Not yet — post-cert | Preliminary |
| 2025 | $1,347,700 | $1,296,000 | $51,700 | — | $1,347,700 | $1,347,700 | $22,511 | Verified |
| 2024 | $1,465,304 | $1,296,000 | $169,304 | — | $1,465,304 | $1,465,304 | $26,709 | Verified |
| 2023 | $1,612,190 | $1,458,000 | $154,190 | — | $1,612,190 | $1,612,190 | $29,168 | Verified |
| 2022 | $638,181 | $486,000 | $152,181 | — | $638,181 | $638,181 | $12,604 | Verified |
| 2021 | $511,792 | $405,000 | $106,792 | — | $511,792 | $511,792 | $11,140 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -18.4% | -18.4% | ~100% | Not available | Partial |
| 2025 | -8.0% | -8.0% | ~100% | 1.6700% | Verified |
| 2024 | -9.1% | -9.1% | ~100% | No billing data | Verified |
| 2023 | +152.6% ! | +152.6% | ~100% | No billing data | Verified |
| 2022 | +24.7% | +24.7% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +163.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -18.4% | +28.4% | +16.5% | +152.6% | 2023 | -18.4% | 2026 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2021 | 100.0% | 2021 |
| Effective Tax Rate (2025) | 1.6700% | 1.6700% | — | 1.6700% | 2025 | 1.6700% | 2025 |
| Tax Amount | $22,511 | $20,426 | ~$28,702 | $29,168 | 2023 | $11,140 | 2021 |
Market value changed by 153% in 2023, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$1,281,895 | ~$1,210,000 | ~2.0139% | ~$24,369 | +16.5% |
| 2028 | ~$1,493,868 | ~$1,331,000 | ~1.9814% | ~$26,372 | +35.8% |
| 2029 | ~$1,740,893 | ~$1,464,100 | ~1.9488% | ~$28,533 | +58.3% |
| 2030 | ~$2,028,766 | ~$1,610,510 | ~1.9163% | ~$30,862 | +84.4% |
| 2031 | ~$2,364,242 | ~$1,771,561 | ~1.8837% | ~$33,372 | +114.9% |
| 2027 | ~$1,259,895 | ~$1,210,000 | ~2.0465% | ~$24,762 | +14.5% |
| 2028 | ~$1,443,033 | ~$1,331,000 | ~2.0465% | ~$27,239 | +31.2% |
| 2029 | ~$1,652,791 | ~$1,464,100 | ~2.0465% | ~$29,963 | +50.3% |
| 2030 | ~$1,893,039 | ~$1,610,510 | ~2.0465% | ~$32,959 | +72.1% |
| 2031 | ~$2,168,210 | ~$1,771,561 | ~2.0465% | ~$36,255 | +97.1% |
| 2027 | ~$1,303,895 | ~$1,210,000 | ~1.9977% | ~$24,172 | +18.5% |
| 2028 | ~$1,545,584 | ~$1,331,000 | ~1.9488% | ~$25,939 | +40.5% |
| 2029 | ~$1,832,073 | ~$1,464,100 | ~1.9000% | ~$27,818 | +66.6% |
| 2030 | ~$2,171,664 | ~$1,610,510 | ~1.8512% | ~$29,814 | +97.4% |
| 2031 | ~$2,574,202 | ~$1,771,561 | ~1.8024% | ~$31,930 | +134.0% |
In 2025, this property's market value of $1,347,700 places it in the 25th–50th percentile for Commercial properties in Travis County (13595 comparable) — -3% below 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 | $1,347,700 | $632,506 | $1,382,921 | $3,258,143 | ↓ Below median | -0.8% |
| 2024 | $1,465,304 | $647,500 | $1,401,787 | $3,362,090 | ↑ Above median | +0.0% |
| 2023 | $1,612,190 | $651,680 | $1,383,015 | $3,277,245 | ↑ Above median | +9.7% |
| 2022 | $638,181 | $535,964 | $1,190,250 | $2,842,216 | ↓ Below median | +3.3% |
| 2021 | $511,792 | $538,645 | $1,173,514 | $2,782,974 | ↓ Bottom 25% | base yr |
| 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 | 2021–2024 | 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 | Verified |
| PIR bulk billing export | Prior-year tax billing, Travis County Tax Office | 2021, 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 | — |