1805 AIRPORT BLVD AUSTIN, TX 78702
| Owner | SLUSSLER JAMES BRADLEY |
|---|---|
| Parcel ID | 0212150105 |
| Short ID | 204468 |
| Type | Real |
| Use Code | 33 Fast Food Restaurant |
| Valuation | Income |
| Improvement SF | 1,224 SF |
| Land SF | 24,057 SF |
| Acres | 0.552 |
| Year Built | 1977 |
| Legal | LOT 5 AIRPORT-KING SUBD SEC 5 |
| Neighborhood | 33CEN |
| Land | $1,924,560 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,924,560 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $1,842,569 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,842,569 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,842,569 |
| Exemptions (−) (DV4) | −$12,000 |
|---|---|
| Taxable Value | $1,830,569 |
Appreciation: Market value has risen +104.7% from $900,069 (2021) to $1,842,569 (2025), a CAGR of 19.6% 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 $37,462. 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 104% of market value ($1,924,560 land vs $0 improvements), about $80/SF of land. With value concentrated in the land under a ~49-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 $1,842,569, this parcel sits in the upper-middle (50th–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 +16.9% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $4,290,144 by 2031, with an estimated annual tax burden around $59,615. 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 | 21,432 SF | ✗ |
| 1ST | 1st Floor | 1,224 SF | ✓ |
| 541 | FENCE COMM LF | 180 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% | $17,047.45 | $17,047.45 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $9,655.37 | $9,655.37 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $6,925.20 | $6,925.20 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,174.66 | $2,174.66 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,905.22 | $1,905.22 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $37,707.90 | $37,707.90 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $17,047.45 | 45.2% |
| CAT City of Austin | 0.5240% | $9,655.37 | 25.6% |
| TCO Travis County | 0.3758% | $6,925.20 | 18.4% |
| THD Travis Central Health | 0.1180% | $2,174.66 | 5.8% |
| ACT Austin Community College | 0.1034% | $1,905.22 | 5.1% |
| Total | 2.0465% | $37,707.90 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,965,051 | $1,842,569 | +6.6% |
| Assessed Value | $1,965,051 | $1,842,569 | +6.6% |
| Land Value | $1,924,560 | $1,924,560 | +0.0% |
| Improvement Value | $40,491 | — | — |
| Taxable Value | $1,965,051 | $1,830,569 | +7.3% |
| Exemptions | — | DV4 | |
| Total Tax 2026 = estimate |
~$40,214
Estimated
|
~$37,708
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $1,965,051 | $1,924,560 | $40,491 | — | $1,965,051 | $1,965,051 | Not yet — post-cert | Preliminary |
| 2025 | $1,842,569 | $1,924,560 | — | — | $1,842,569 | $1,830,569 | ~$37,708 | Partial |
| 2024 | $1,733,104 | $1,924,560 | — | — | $1,733,104 | $1,721,104 | $34,335 | Verified |
| 2023 | $1,925,000 | $1,924,560 | $440 | — | $1,925,000 | $1,913,000 | $34,816 | Verified |
| 2022 | $1,021,080 | $962,280 | $58,800 | — | $1,021,080 | $1,009,080 | $19,512 | Verified |
| 2021 | $900,069 | $841,995 | $58,074 | — | $900,069 | $888,069 | $19,330 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +6.6% | +6.6% | ~100% | Not available | Partial |
| 2025 | +6.3% | +6.3% | ~100% | Not available | Partial |
| 2024 | -10.0% | -10.0% | ~100% | No billing data | Verified |
| 2023 | +88.5% ! | +88.5% | ~100% | No billing data | Verified |
| 2022 | +13.4% | +13.4% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +104.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +6.6% | +21.0% | +16.9% | +88.5% | 2023 | -10.0% | 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 |
$37,708 | $29,140 | ~$51,273 | $37,708 | 2025 | $19,330 | 2021 |
Market value changed by 89% 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 | ~$2,297,172 | ~$2,161,556 | ~2.0139% | ~$43,532 | +16.9% |
| 2028 | ~$2,685,425 | ~$2,377,712 | ~1.9814% | ~$47,112 | +36.7% |
| 2029 | ~$3,139,299 | ~$2,615,483 | ~1.9488% | ~$50,972 | +59.8% |
| 2030 | ~$3,669,883 | ~$2,877,031 | ~1.9163% | ~$55,132 | +86.8% |
| 2031 | ~$4,290,144 | ~$3,164,734 | ~1.8837% | ~$59,615 | +118.3% |
| 2027 | ~$2,257,871 | ~$2,161,556 | ~2.0465% | ~$44,236 | +14.9% |
| 2028 | ~$2,594,324 | ~$2,377,712 | ~2.0465% | ~$48,660 | +32.0% |
| 2029 | ~$2,980,914 | ~$2,615,483 | ~2.0465% | ~$53,525 | +51.7% |
| 2030 | ~$3,425,111 | ~$2,877,031 | ~2.0465% | ~$58,878 | +74.3% |
| 2031 | ~$3,935,500 | ~$3,164,734 | ~2.0465% | ~$64,766 | +100.3% |
| 2027 | ~$2,336,473 | ~$2,161,556 | ~1.9977% | ~$43,181 | +18.9% |
| 2028 | ~$2,778,098 | ~$2,377,712 | ~1.9488% | ~$46,338 | +41.4% |
| 2029 | ~$3,303,197 | ~$2,615,483 | ~1.9000% | ~$49,695 | +68.1% |
| 2030 | ~$3,927,546 | ~$2,877,031 | ~1.8512% | ~$53,259 | +99.9% |
| 2031 | ~$4,669,906 | ~$3,164,734 | ~1.8024% | ~$57,040 | +137.6% |
In 2025, this property's market value of $1,842,569 places it in the 50th–75th percentile for Commercial properties in Travis County (13595 comparable) — +33% above 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 | $1,842,569 | $632,506 | $1,382,921 | $3,258,143 | ↑ Above median | -0.8% |
| 2024 | $1,733,104 | $647,500 | $1,401,787 | $3,362,090 | ↑ Above median | +0.0% |
| 2023 | $1,925,000 | $651,680 | $1,383,015 | $3,277,245 | ↑ Above median | +9.7% |
| 2022 | $1,021,080 | $535,964 | $1,190,250 | $2,842,216 | ↓ Below median | +3.3% |
| 2021 | $900,069 | $538,645 | $1,173,514 | $2,782,974 | ↓ Below median | 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 | — |