4100 E 51 ST TX 78723
| Owner | RWQW REAL ESTATE LLC |
|---|---|
| Parcel ID | 0215210149 |
| Short ID | 808627 |
| Type | Real |
| Use Code | 30 Strip Center (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 8,000 SF |
| Land SF | 63,293 SF |
| Acres | 1.453 |
| Year Built | 2022 |
| Legal | LOT 2 AUSTIN (SPRINGDALE) DTP IV LLC ADDN |
| Neighborhood | 1EA2 |
| Land | $2,531,707 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,531,707 |
| Improvement | $668,293 |
|---|---|
| Total Improvement | $668,293 |
| Market | $3,200,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $3,200,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $3,200,000 |
| Taxable Value | $3,200,000 |
|---|
Appreciation: Market value has risen +321.3% from $759,512 (2021) to $3,200,000 (2025), a CAGR of 43.3% 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 $65,488. 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 79% of market value ($2,531,707 land vs $668,293 improvements), about $40/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 $3,200,000, 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 +42.8% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $26,837,438 by 2031, with an estimated annual tax burden around $505,548. 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 | 14,000 SF | ✗ |
| 1ST | 1st Floor | 8,000 SF | ✓ |
| 501 | CANOPY | 959 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% | $29,606.40 | $29,606.40 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $16,768.54 | $16,768.54 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $12,027.04 | $12,027.04 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $3,776.74 | $3,776.74 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $3,308.80 | $3,308.80 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $65,487.52 | $65,487.52 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $29,606.40 | 45.2% |
| CAT City of Austin | 0.5240% | $16,768.54 | 25.6% |
| TCO Travis County | 0.3758% | $12,027.04 | 18.4% |
| THD Travis Central Health | 0.1180% | $3,776.74 | 5.8% |
| ACT Austin Community College | 0.1034% | $3,308.80 | 5.1% |
| Total | 2.0465% | $65,487.52 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $4,514,793 | $3,200,000 | +41.1% |
| Assessed Value | $3,840,000 | $3,200,000 | +20.0% |
| Land Value | $2,531,707 | $2,531,707 | +0.0% |
| Improvement Value | $1,983,086 | $668,293 | +196.7% |
| Taxable Value | $3,840,000 | $3,200,000 | +20.0% |
| HS Cap Loss | -$674,793 | — | |
| Total Tax 2026 = estimate |
~$78,585
Estimated
|
~$65,488
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $4,514,793 | $2,531,707 | $1,983,086 | −$674,793 | $3,840,000 | $3,840,000 | Not yet — post-cert | Preliminary |
| 2025 | $3,200,000 | $2,531,707 | $668,293 | — | $3,200,000 | $3,200,000 | ~$65,488 | Partial |
| 2024 | $4,750,859 | $2,531,707 | $2,219,152 | −$1,153,553 | $3,597,306 | $3,597,306 | $63,418 | Verified |
| 2023 | $4,394,270 | $2,531,707 | $1,862,563 | — | $4,394,270 | $4,394,270 | $52,468 | Verified |
| 2022 | $949,390 | $949,390 | — | — | $949,390 | $949,390 | $15,000 | Verified |
| 2021 | $759,512 | $759,512 | — | — | $759,512 | $759,512 | $16,532 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +41.1% | +20.0% | 85.0% | Not available | Partial |
| 2025 | -32.6% | -11.0% | ~100% | Not available | Partial |
| 2024 | +8.1% | -18.1% | 75.7% | No billing data | Verified |
| 2023 | +362.9% ! | +362.9% | ~100% | No billing data | Verified |
| 2022 | +25.0% | +25.0% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +321.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +41.1% | +80.9% | +42.8% | +362.9% | 2023 | -32.6% | 2025 |
| Assessment Ratio | 85.1% | 93.5% | — | 100.0% | 2021 | 75.7% | 2024 |
| 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 |
$65,488 | $42,581 | ~$286,870 | $65,488 | 2025 | $15,000 | 2022 |
Market value changed by 363% 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 | ~$6,448,497 | ~$6,448,497 | ~2.0139% | ~$129,869 | +42.8% |
| 2028 | ~$9,210,413 | ~$9,210,413 | ~1.9814% | ~$182,494 | +104.0% |
| 2029 | ~$13,155,270 | ~$13,155,270 | ~1.9488% | ~$256,375 | +191.4% |
| 2030 | ~$18,789,724 | ~$18,789,724 | ~1.9163% | ~$360,066 | +316.2% |
| 2031 | ~$26,837,438 | ~$26,837,438 | ~1.8837% | ~$505,548 | +494.4% |
| 2027 | ~$6,358,201 | ~$6,358,201 | ~2.0465% | ~$130,120 | +40.8% |
| 2028 | ~$8,954,279 | ~$8,954,279 | ~2.0465% | ~$183,248 | +98.3% |
| 2029 | ~$12,610,347 | ~$12,610,347 | ~2.0465% | ~$258,069 | +179.3% |
| 2030 | ~$17,759,202 | ~$17,759,202 | ~2.0465% | ~$363,439 | +293.4% |
| 2031 | ~$25,010,354 | ~$25,010,354 | ~2.0465% | ~$511,833 | +454.0% |
| 2027 | ~$6,538,793 | ~$6,538,793 | ~1.9977% | ~$130,623 | +44.8% |
| 2028 | ~$9,470,159 | ~$9,470,159 | ~1.9488% | ~$184,558 | +109.8% |
| 2029 | ~$13,715,669 | ~$13,715,669 | ~1.9000% | ~$260,600 | +203.8% |
| 2030 | ~$19,864,458 | ~$19,864,458 | ~1.8512% | ~$367,730 | +340.0% |
| 2031 | ~$28,769,773 | ~$28,769,773 | ~1.8024% | ~$518,538 | +537.2% |
In 2025, this property's market value of $3,200,000 places it in the 50th–75th percentile for Commercial properties in Travis County (13595 comparable) — +131% 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 | $3,200,000 | $632,506 | $1,382,921 | $3,258,143 | ↑ Above median | -0.8% |
| 2024 | $4,750,859 | $647,500 | $1,401,787 | $3,362,090 | ↑ Top 25% | +0.0% |
| 2023 | $4,394,270 | $651,680 | $1,383,015 | $3,277,245 | ↑ Top 25% | +9.7% |
| 2022 | $949,390 | $535,964 | $1,190,250 | $2,842,216 | ↓ Below median | +3.3% |
| 2021 | $759,512 | $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 | — |