1307 SMITH RD TX 78721
| Owner | 1307 SMITH WESTWARD LTD |
|---|---|
| Parcel ID | 0202220601 |
| Short ID | 190305 |
| Type | Real |
| Use Code | 69 Mfg / Eng / Lab Industrial |
| Valuation | Cost |
| Improvement SF | 126,706 SF |
| Land SF | 351,779 SF |
| Acres | 8.076 |
| Year Built | 1985 |
| Legal | LOT 24 LESS .010 AC CAPITOL BUSINESS PARK & LOT 1 BLK A NATIONAL SERVICE SUBD |
| Neighborhood | 69EAS |
| Land | $8,442,696 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $8,442,696 |
| Improvement | $10,857,304 |
|---|---|
| Total Improvement | $10,857,304 |
| Market | $19,300,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $19,300,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $19,300,000 |
| Taxable Value | $19,300,000 |
|---|
Appreciation: Market value has risen +43.9% from $13,407,484 (2021) to $19,300,000 (2025), a CAGR of 9.5% over 4 years. This is strong appreciation — well above typical inflation. Growth has been fairly evenly spread across these years rather than concentrated in one jump. 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 $394,972. 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 cost approach, tied more to replacement cost and physical condition than to income performance.
Value Composition: Land carries 44% of market value ($8,442,696 land vs $10,857,304 improvements), about $24/SF of land. Most value sits in the improvements, so building condition, age (~41 yrs), and rent roll drive the underwriting.
Submarket Position: At $19,300,000, 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 +7.0% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $26,361,396 by 2031, with an estimated annual tax burden around $496,581. 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.
14 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 163,104 SF | ✗ |
| 491 | SPRINKLER HEADS | 135,012 SF | ✗ |
| 1ST | 1st Floor | 126,706 SF | ✓ |
| 881 | COMMCL FINISHOUT | 12,414 SF | ✓ |
| MEZZ | Mezzanine | 12,006 SF | ✓ |
| 501 | CANOPY | 11,340 SF | ✗ |
| 611 | TERRACE | 7,592 SF | ✗ |
| 407 | LOADING DOCK | 4,772 SF | ✓ |
| 093 | HVAC COMMRCL SF | 3,950 SF | ✗ |
| 541 | FENCE COMM LF | 2,500 SF | ✗ |
| 402 | CARWASH SELF-SERVE | 486 SF | ✓ |
| 327 | STORAGE COMM'L | 117 SF | ✓ |
| 482 | LIGHT POLES | 11 SF | ✓ |
| 413 | STAIRWAY EXT | 1 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% | $178,563.60 | $178,563.60 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $101,135.28 | $101,135.28 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $72,538.09 | $72,538.09 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $22,778.44 | $22,778.44 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $19,956.20 | $19,956.20 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $394,971.61 | $394,971.61 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $178,563.60 | 45.2% |
| CAT City of Austin | 0.5240% | $101,135.28 | 25.6% |
| TCO Travis County | 0.3758% | $72,538.09 | 18.4% |
| THD Travis Central Health | 0.1180% | $22,778.44 | 5.8% |
| ACT Austin Community College | 0.1034% | $19,956.20 | 5.1% |
| Total | 2.0465% | $394,971.61 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $18,800,000 | $19,300,000 | -2.6% |
| Assessed Value | $18,800,000 | $19,300,000 | -2.6% |
| Land Value | $8,442,696 | $8,442,696 | +0.0% |
| Improvement Value | $10,357,304 | $10,857,304 | -4.6% |
| Taxable Value | $18,800,000 | $19,300,000 | -2.6% |
| Total Tax 2026 = estimate |
~$384,739
Estimated
|
~$394,972
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $18,800,000 | $8,442,696 | $10,357,304 | — | $18,800,000 | $18,800,000 | Not yet — post-cert | Preliminary |
| 2025 | $19,300,000 | $8,442,696 | $10,857,304 | — | $19,300,000 | $19,300,000 | ~$394,972 | Partial |
| 2024 | $19,272,802 | $8,442,696 | $10,830,106 | — | $19,272,802 | $19,272,802 | $381,951 | Verified |
| 2023 | $16,000,000 | $2,814,232 | $13,185,768 | — | $16,000,000 | $16,000,000 | $289,480 | Verified |
| 2022 | $13,306,899 | $2,814,232 | $10,492,667 | — | $13,306,899 | $13,306,899 | $262,801 | Verified |
| 2021 | $13,407,484 | $2,814,232 | $10,593,252 | — | $13,407,484 | $13,407,484 | $291,838 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -2.6% | -2.6% | ~100% | Not available | Partial |
| 2025 | +0.1% | +0.1% | ~100% | Not available | Partial |
| 2024 | +20.5% | +20.5% | ~100% | No billing data | Verified |
| 2023 | +20.2% | +20.2% | ~100% | No billing data | Verified |
| 2022 | -0.8% | -0.8% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +43.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -2.6% | +7.5% | +7.0% | +20.5% | 2024 | -2.6% | 2026 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2021 | 100.0% | 2021 |
| 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 |
$394,972 | $324,208 | ~$449,804 | $394,972 | 2025 | $262,801 | 2022 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$20,114,997 | ~$20,114,997 | ~2.0139% | ~$405,103 | +7.0% |
| 2028 | ~$21,521,973 | ~$21,521,973 | ~1.9814% | ~$426,434 | +14.5% |
| 2029 | ~$23,027,362 | ~$23,027,362 | ~1.9488% | ~$448,766 | +22.5% |
| 2030 | ~$24,638,048 | ~$24,638,048 | ~1.9163% | ~$472,137 | +31.1% |
| 2031 | ~$26,361,396 | ~$26,361,396 | ~1.8837% | ~$496,581 | +40.2% |
| 2027 | ~$19,738,997 | ~$19,738,997 | ~2.0465% | ~$403,956 | +5.0% |
| 2028 | ~$20,724,893 | ~$20,724,893 | ~2.0465% | ~$424,132 | +10.2% |
| 2029 | ~$21,760,031 | ~$21,760,031 | ~2.0465% | ~$445,316 | +15.7% |
| 2030 | ~$22,846,871 | ~$22,846,871 | ~2.0465% | ~$467,558 | +21.5% |
| 2031 | ~$23,987,995 | ~$23,987,995 | ~2.0465% | ~$490,911 | +27.6% |
| 2027 | ~$20,490,997 | ~$20,490,997 | ~1.9977% | ~$409,341 | +9.0% |
| 2028 | ~$22,334,092 | ~$22,334,092 | ~1.9488% | ~$435,256 | +18.8% |
| 2029 | ~$24,342,969 | ~$24,342,969 | ~1.9000% | ~$462,520 | +29.5% |
| 2030 | ~$26,532,536 | ~$26,532,536 | ~1.8512% | ~$491,169 | +41.1% |
| 2031 | ~$28,919,049 | ~$28,919,049 | ~1.8024% | ~$521,229 | +53.8% |
In 2025, this property's market value of $19,300,000 places it in the top 25% for Commercial properties in Travis County (13595 comparable) — 14× 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 | $19,300,000 | $632,506 | $1,382,921 | $3,258,143 | ↑ Top 25% | -0.8% |
| 2024 | $19,272,802 | $647,500 | $1,401,787 | $3,362,090 | ↑ Top 25% | +0.0% |
| 2023 | $16,000,000 | $651,680 | $1,383,015 | $3,277,245 | ↑ Top 25% | +9.7% |
| 2022 | $13,306,899 | $535,964 | $1,190,250 | $2,842,216 | ↑ Top 25% | +3.3% |
| 2021 | $13,407,484 | $538,645 | $1,173,514 | $2,782,974 | ↑ Top 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 | Partial |
| 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 | — |