3737 AIRPORT BLVD TX 78722
| Owner | NNN REIT LP |
|---|---|
| Parcel ID | 0214130702 |
| Short ID | 207622 |
| Type | Real |
| Use Code | 83 Service / Repair Garage |
| Valuation | Income |
| Improvement SF | 13,467 SF |
| Land SF | 93,200 SF |
| Acres | 2.140 |
| Year Built | 2002 |
| Legal | LOT A OLT 35-36 DIV C SLOAN & LIMON ADDN |
| Neighborhood | 83EAS |
| Land | $7,456,000 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $7,456,000 |
| Improvement | $1,681,413 |
|---|---|
| Total Improvement | $1,681,413 |
| Market | $9,137,413 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $9,137,413 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $9,137,413 |
| Taxable Value | $9,137,413 |
|---|
Appreciation: Market value has risen +74.5% from $5,235,074 (2021) to $9,137,413 (2025), a CAGR of 14.9% 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 $186,996. 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 82% of market value ($7,456,000 land vs $1,681,413 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 $9,137,413, 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 +13.5% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $18,515,985 by 2031, with an estimated annual tax burden around $298,689. 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.
8 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 70,400 SF | ✗ |
| 1ST | 1st Floor | 13,467 SF | ✓ |
| SO | Sketch Only | 4,923 SF | ✗ |
| 402 | CARWASH SELF-SERVE | 2,268 SF | ✓ |
| 093 | HVAC COMMRCL SF | 1,560 SF | ✗ |
| 541 | FENCE COMM LF | 1,000 SF | ✗ |
| 501 | CANOPY | 786 SF | ✗ |
| 482 | LIGHT POLES | 6 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% | $84,539.35 | $84,539.35 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $47,881.60 | $47,881.60 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $34,342.51 | $34,342.51 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $10,784.25 | $10,784.25 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $9,448.09 | $9,448.09 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $186,995.80 | $186,995.80 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $84,539.35 | 45.2% |
| CAT City of Austin | 0.5240% | $47,881.60 | 25.6% |
| TCO Travis County | 0.3758% | $34,342.51 | 18.4% |
| THD Travis Central Health | 0.1180% | $10,784.25 | 5.8% |
| ACT Austin Community College | 0.1034% | $9,448.09 | 5.1% |
| Total | 2.0465% | $186,995.80 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $9,845,433 | $9,137,413 | +7.7% |
| Assessed Value | $9,845,433 | $9,137,413 | +7.7% |
| Land Value | $7,456,000 | $7,456,000 | +0.0% |
| Improvement Value | $2,389,433 | $1,681,413 | +42.1% |
| Taxable Value | $9,845,433 | $9,137,413 | +7.7% |
| Total Tax 2026 = estimate |
~$201,485
Estimated
|
~$186,996
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $9,845,433 | $7,456,000 | $2,389,433 | — | $9,845,433 | $9,845,433 | Not yet — post-cert | Preliminary |
| 2025 | $9,137,413 | $7,456,000 | $1,681,413 | — | $9,137,413 | $9,137,413 | ~$186,996 | Partial |
| 2024 | $9,137,413 | $7,456,000 | $1,681,413 | — | $9,137,413 | $9,137,413 | $181,087 | Verified |
| 2023 | $9,457,272 | $7,456,000 | $2,001,272 | — | $9,457,272 | $9,457,272 | $171,105 | Verified |
| 2022 | $5,701,074 | $3,728,000 | $1,973,074 | — | $5,701,074 | $5,701,074 | $112,592 | Verified |
| 2021 | $5,235,074 | $3,262,000 | $1,973,074 | — | $5,235,074 | $5,235,074 | $113,951 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +7.7% | +7.7% | ~100% | Not available | Partial |
| 2025 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2024 | -3.4% | -3.4% | ~100% | No billing data | Verified |
| 2023 | +65.9% | +65.9% | ~100% | No billing data | Verified |
| 2022 | +8.9% | +8.9% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +74.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +7.7% | +15.8% | +13.5% | +65.9% | 2023 | -3.4% | 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 |
$186,996 | $153,146 | ~$256,890 | $186,996 | 2025 | $112,592 | 2022 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$11,171,133 | ~$10,829,976 | ~2.0139% | ~$218,109 | +13.5% |
| 2028 | ~$12,675,340 | ~$11,912,974 | ~1.9814% | ~$236,042 | +28.7% |
| 2029 | ~$14,382,091 | ~$13,104,271 | ~1.9488% | ~$255,381 | +46.1% |
| 2030 | ~$16,318,657 | ~$14,414,698 | ~1.9163% | ~$276,228 | +65.7% |
| 2031 | ~$18,515,985 | ~$15,856,168 | ~1.8837% | ~$298,689 | +88.1% |
| 2027 | ~$10,974,224 | ~$10,829,976 | ~2.0465% | ~$221,634 | +11.5% |
| 2028 | ~$12,232,433 | ~$11,912,974 | ~2.0465% | ~$243,797 | +24.2% |
| 2029 | ~$13,634,897 | ~$13,104,271 | ~2.0465% | ~$268,177 | +38.5% |
| 2030 | ~$15,198,155 | ~$14,414,698 | ~2.0465% | ~$294,995 | +54.4% |
| 2031 | ~$16,940,642 | ~$15,856,168 | ~2.0465% | ~$324,494 | +72.1% |
| 2027 | ~$11,368,042 | ~$10,829,976 | ~1.9977% | ~$216,346 | +15.5% |
| 2028 | ~$13,126,124 | ~$11,912,974 | ~1.9488% | ~$232,165 | +33.3% |
| 2029 | ~$15,156,095 | ~$13,104,271 | ~1.9000% | ~$248,983 | +53.9% |
| 2030 | ~$17,500,004 | ~$14,414,698 | ~1.8512% | ~$266,844 | +77.7% |
| 2031 | ~$20,206,402 | ~$15,856,168 | ~1.8024% | ~$285,787 | +105.2% |
In 2025, this property's market value of $9,137,413 places it in the top 25% for Commercial properties in Travis County (13595 comparable) — 7× 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 | $9,137,413 | $632,506 | $1,382,921 | $3,258,143 | ↑ Top 25% | -0.8% |
| 2024 | $9,137,413 | $647,500 | $1,401,787 | $3,362,090 | ↑ Top 25% | +0.0% |
| 2023 | $9,457,272 | $651,680 | $1,383,015 | $3,277,245 | ↑ Top 25% | +9.7% |
| 2022 | $5,701,074 | $535,964 | $1,190,250 | $2,842,216 | ↑ Top 25% | +3.3% |
| 2021 | $5,235,074 | $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 | — |