3235 E M L KING JR BLVD TX 78721
| Owner | AROM HOLDINGS |
|---|---|
| Parcel ID | 0212150106 |
| Short ID | 204469 |
| Type | Real |
| Use Code | 83 Service / Repair Garage |
| Valuation | Income |
| Improvement SF | 2,800 SF |
| Land SF | 12,535 SF |
| Acres | 0.288 |
| Year Built | 1977 |
| Legal | LOT 4A AIRPORT-KING SUBD SEC 4 |
| Neighborhood | 83EAS |
| Land | $752,100 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $752,100 |
| Improvement | $259,330 |
|---|---|
| Total Improvement | $259,330 |
| Market | $1,011,430 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,011,430 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,011,430 |
| Taxable Value | $1,011,430 |
|---|
| Total Due | $23,803.58 |
|---|---|
| First Delinquent | — |
Appreciation: Market value has risen +53.5% from $659,104 (2021) to $1,011,430 (2025), a CAGR of 11.3% 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 $20,699. 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 74% of market value ($752,100 land vs $259,330 improvements), about $60/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 $1,011,430, 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 +9.4% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $1,623,563 by 2031, with an estimated annual tax burden around $30,584. Estimated Forward figures are model projections, not certified — see the 6-Year Projection section for the low/base/high bands.
Delinquent Taxes: $23,803.58 in unpaid taxes . These become a lien on the property and transfer to the buyer at closing unless negotiated otherwise.
4 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 5,600 SF | ✗ |
| 1ST | 1st Floor | 2,800 SF | ✓ |
| 881 | COMMCL FINISHOUT | 560 SF | ✓ |
| 501 | CANOPY | 468 SF | ✗ |
| Entity | 2024 Rate | 2025 Rate | Rate Effect |
|---|---|---|---|
| City of Austin | 0.4776% | 0.5240% | +469 |
| Travis County | 0.3444% | 0.3758% | +318 |
| Austin ISD | 0.9505% | 0.9252% | -256 |
| Travis Central Health | 0.1080% | 0.1180% | +102 |
| Austin Community College | 0.1013% | 0.1034% | +21 |
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% | $9,357.75 | $— | $9,357.75 |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $5,300.07 | $— | $5,300.07 |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,801.41 | $— | $3,801.41 |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,193.72 | $— | $1,193.72 |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,045.82 | $— | $1,045.82 |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $20,698.77 | $0.00 | $20,698.77 |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $9,357.75 | 45.2% |
| CAT City of Austin | 0.5240% | $5,300.07 | 25.6% |
| TCO Travis County | 0.3758% | $3,801.41 | 18.4% |
| THD Travis Central Health | 0.1180% | $1,193.72 | 5.8% |
| ACT Austin Community College | 0.1034% | $1,045.82 | 5.1% |
| Total | 2.0465% | $20,698.77 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,034,455 | $1,011,430 | +2.3% |
| Assessed Value | $1,034,455 | $1,011,430 | +2.3% |
| Land Value | $752,100 | $752,100 | +0.0% |
| Improvement Value | $282,355 | $259,330 | +8.9% |
| Taxable Value | $1,034,455 | $1,011,430 | +2.3% |
| Total Tax 2026 = estimate |
~$21,170
Estimated
|
$20,699 | ⓘ |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $1,034,455 | $752,100 | $282,355 | — | $1,034,455 | $1,034,455 | Not yet — post-cert | Preliminary |
| 2025 | $1,011,430 | $752,100 | $259,330 | — | $1,011,430 | $1,011,430 | $20,699 | Verified |
| 2024 | $1,006,880 | $752,100 | $254,780 | — | $1,006,880 | $1,006,880 | $19,954 | Verified |
| 2023 | $980,605 | $752,100 | $228,505 | — | $980,605 | $980,605 | $17,742 | Verified |
| 2022 | $728,209 | $501,400 | $226,809 | — | $728,209 | $728,209 | $14,382 | Verified |
| 2021 | $659,104 | $438,725 | $220,379 | — | $659,104 | $659,104 | $14,347 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +2.3% | +2.3% | ~100% | Not available | Partial |
| 2025 | +0.5% | +0.5% | ~100% | 2.0500% | Verified |
| 2024 | +2.7% | +2.7% | ~100% | No billing data | Verified |
| 2023 | +34.7% | +34.7% | ~100% | No billing data | Verified |
| 2022 | +10.5% | +10.5% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +53.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +2.3% | +10.1% | +9.4% | +34.7% | 2023 | +0.5% | 2025 |
| 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 | $20,699 | $17,425 | ~$26,556 | $20,699 | 2025 | $14,347 | 2021 |
This parcel has unpaid taxes on record. Delinquent taxes are a lien on the property and transfer to the buyer at closing unless negotiated otherwise.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$1,132,044 | ~$1,132,044 | ~2.0139% | ~$22,799 | +9.4% |
| 2028 | ~$1,238,838 | ~$1,238,838 | ~1.9814% | ~$24,546 | +19.8% |
| 2029 | ~$1,355,708 | ~$1,355,708 | ~1.9488% | ~$26,421 | +31.1% |
| 2030 | ~$1,483,603 | ~$1,483,603 | ~1.9163% | ~$28,430 | +43.4% |
| 2031 | ~$1,623,563 | ~$1,623,563 | ~1.8837% | ~$30,584 | +56.9% |
| 2027 | ~$1,111,354 | ~$1,111,354 | ~2.0465% | ~$22,744 | +7.4% |
| 2028 | ~$1,193,970 | ~$1,193,970 | ~2.0465% | ~$24,434 | +15.4% |
| 2029 | ~$1,282,728 | ~$1,282,728 | ~2.0465% | ~$26,251 | +24.0% |
| 2030 | ~$1,378,084 | ~$1,378,084 | ~2.0465% | ~$28,202 | +33.2% |
| 2031 | ~$1,480,528 | ~$1,480,528 | ~2.0465% | ~$30,299 | +43.1% |
| 2027 | ~$1,152,733 | ~$1,137,900 | ~1.9977% | ~$22,731 | +11.4% |
| 2028 | ~$1,284,534 | ~$1,251,691 | ~1.9488% | ~$24,393 | +24.2% |
| 2029 | ~$1,431,405 | ~$1,376,860 | ~1.9000% | ~$26,161 | +38.4% |
| 2030 | ~$1,595,069 | ~$1,514,546 | ~1.8512% | ~$28,037 | +54.2% |
| 2031 | ~$1,777,447 | ~$1,666,000 | ~1.8024% | ~$30,028 | +71.8% |
In 2025, this property's market value of $1,011,430 places it in the 25th–50th percentile for Commercial properties in Travis County (13595 comparable) — -27% 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 | $1,011,430 | $632,506 | $1,382,921 | $3,258,143 | ↓ Below median | -0.8% |
| 2024 | $1,006,880 | $647,500 | $1,401,787 | $3,362,090 | ↓ Below median | +0.0% |
| 2023 | $980,605 | $651,680 | $1,383,015 | $3,277,245 | ↓ Below median | +9.7% |
| 2022 | $728,209 | $535,964 | $1,190,250 | $2,842,216 | ↓ Below median | +3.3% |
| 2021 | $659,104 | $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 | Verified |
| PIR bulk billing export | Prior-year tax billing, Travis County Tax Office | 2021, 2022, 2023, 2024 | Verified |
| TaxDelqOpenData ↗ | Delinquent-account status and balance due | As of June 20, 2026 — balance grows monthly (Tax Code §33.01) | Verified |
| Satellite imagery (Esri World Imagery) | Aerial view of the parcel | Located by geocoding this parcel's address — may not resolve for every address | — |