1153 AIRPORT BLVD TX 78702
| Owner | SLUSSLER JAMES BRADLEY |
|---|---|
| Parcel ID | 0209150301 |
| Short ID | 198922 |
| Type | Real |
| Use Code | 33 Fast Food Restaurant |
| Valuation | Income |
| Improvement SF | 2,521 SF |
| Land SF | 9,714 SF |
| Acres | 0.223 |
| Year Built | 2000 |
| Legal | .223 AC OF OLT 15 DIVISION B |
| Neighborhood | 33CEN |
| Land | $777,120 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $777,120 |
| Improvement | $74,717 |
|---|---|
| Total Improvement | $74,717 |
| Market | $851,837 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $851,837 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $851,837 |
| Taxable Value | $851,837 |
|---|
Appreciation: Market value has risen +150.5% from $339,990 (2021) to $851,837 (2025), a CAGR of 25.8% 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 $17,433. 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 91% of market value ($777,120 land vs $74,717 improvements), about $80/SF of land. With value concentrated in the land, this reads as a land-dominated asset — the classic higher-and-best-use / redevelopment signal. Underwrite the dirt, not the building.
Submarket Position: At $851,837, 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 +20.3% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $2,157,486 by 2031, with an estimated annual tax burden around $25,983. 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 | 11,300 SF | ✗ |
| 1ST | 1st Floor | 2,521 SF | ✓ |
| 482 | LIGHT POLES | 4 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% | $7,881.20 | $7,881.20 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $4,463.77 | $4,463.77 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,201.59 | $3,201.59 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,005.36 | $1,005.36 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $880.80 | $880.80 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $17,432.72 | $17,432.72 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $7,881.20 | 45.2% |
| CAT City of Austin | 0.5240% | $4,463.77 | 25.6% |
| TCO Travis County | 0.3758% | $3,201.59 | 18.4% |
| THD Travis Central Health | 0.1180% | $1,005.36 | 5.8% |
| ACT Austin Community College | 0.1034% | $880.80 | 5.1% |
| Total | 2.0465% | $17,432.72 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $856,460 | $851,837 | +0.5% |
| Assessed Value | $856,460 | $851,837 | +0.5% |
| Land Value | $777,120 | $777,120 | +0.0% |
| Improvement Value | $79,340 | $74,717 | +6.2% |
| Taxable Value | $856,460 | $851,837 | +0.5% |
| Total Tax 2026 = estimate |
~$17,527
Estimated
|
~$17,433
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $856,460 | $777,120 | $79,340 | — | $856,460 | $856,460 | Not yet — post-cert | Preliminary |
| 2025 | $851,837 | $777,120 | $74,717 | — | $851,837 | $851,837 | ~$17,433 | Partial |
| 2024 | $927,708 | $777,120 | $150,588 | — | $927,708 | $927,708 | $18,385 | Verified |
| 2023 | $1,025,694 | $874,260 | $151,434 | — | $1,025,694 | $1,025,694 | $18,557 | Verified |
| 2022 | $339,990 | $339,990 | — | — | $339,990 | $339,990 | $6,715 | Verified |
| 2021 | $339,990 | $339,990 | — | — | $339,990 | $339,990 | $7,400 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.5% | +0.5% | ~100% | Not available | Partial |
| 2025 | -8.2% | -8.2% | ~100% | Not available | Partial |
| 2024 | -9.6% | -9.6% | ~100% | No billing data | Verified |
| 2023 | +201.7% ! | +201.7% | ~100% | No billing data | Verified |
| 2022 | +0.0% | +0.0% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +150.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.5% | +36.9% | +20.3% | +201.7% | 2023 | -9.6% | 2024 |
| 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 |
$17,433 | $13,698 | ~$22,347 | $18,557 | 2023 | $6,715 | 2022 |
Market value changed by 202% 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 | ~$1,030,280 | ~$942,106 | ~2.0139% | ~$18,973 | +20.3% |
| 2028 | ~$1,239,377 | ~$1,036,317 | ~1.9814% | ~$20,533 | +44.7% |
| 2029 | ~$1,490,911 | ~$1,139,948 | ~1.9488% | ~$22,216 | +74.1% |
| 2030 | ~$1,793,494 | ~$1,253,943 | ~1.9163% | ~$24,029 | +109.4% |
| 2031 | ~$2,157,486 | ~$1,379,337 | ~1.8837% | ~$25,983 | +151.9% |
| 2027 | ~$1,013,151 | ~$942,106 | ~2.0465% | ~$19,280 | +18.3% |
| 2028 | ~$1,198,508 | ~$1,036,317 | ~2.0465% | ~$21,208 | +39.9% |
| 2029 | ~$1,417,778 | ~$1,139,948 | ~2.0465% | ~$23,329 | +65.5% |
| 2030 | ~$1,677,162 | ~$1,253,943 | ~2.0465% | ~$25,662 | +95.8% |
| 2031 | ~$1,984,002 | ~$1,379,337 | ~2.0465% | ~$28,228 | +131.7% |
| 2027 | ~$1,047,409 | ~$942,106 | ~1.9977% | ~$18,820 | +22.3% |
| 2028 | ~$1,280,931 | ~$1,036,317 | ~1.9488% | ~$20,196 | +49.6% |
| 2029 | ~$1,566,517 | ~$1,139,948 | ~1.9000% | ~$21,659 | +82.9% |
| 2030 | ~$1,915,774 | ~$1,253,943 | ~1.8512% | ~$23,213 | +123.7% |
| 2031 | ~$2,342,899 | ~$1,379,337 | ~1.8024% | ~$24,861 | +173.6% |
In 2025, this property's market value of $851,837 places it in the 25th–50th percentile for Commercial properties in Travis County (13595 comparable) — -38% 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 | $851,837 | $632,506 | $1,382,921 | $3,258,143 | ↓ Below median | -0.8% |
| 2024 | $927,708 | $647,500 | $1,401,787 | $3,362,090 | ↓ Below median | +0.0% |
| 2023 | $1,025,694 | $651,680 | $1,383,015 | $3,277,245 | ↓ Below median | +9.7% |
| 2022 | $339,990 | $535,964 | $1,190,250 | $2,842,216 | ↓ Bottom 25% | +3.3% |
| 2021 | $339,990 | $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 | 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 | — |