1911 PHILOMENA ST RETAIL MASTER 78723
| Owner | BRANCH PARK HOLDINGS LLC |
|---|---|
| Parcel ID | 0219131302 |
| Short ID | 984196 |
| Type | Real |
| Use Code | 43 Strip Center (>10,000 SF) |
| Valuation | Income |
| Improvement SF | 24,136 SF |
| Land SF | 8,624 SF |
| Acres | 0.198 |
| Year Built | 2022 |
| Legal | MUELLER TC-5 MASTER CONDOMINIUM UNT RETAIL MASTER PLUS 7.17 % INT IN COM AREA |
| Neighborhood | CEN |
| Land | $388,061 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $388,061 |
| Improvement | $14,037,273 |
|---|---|
| Total Improvement | $14,037,273 |
| Market | $14,425,334 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $14,425,334 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $14,425,334 |
| Taxable Value | $14,425,334 |
|---|
Appreciation: Market value has risen +6.8% from $13,512,499 (2024) to $14,425,334 (2025), a CAGR of 6.8% over 1 year. This represents moderate, steady growth. Most of this growth came in a single year (2024→2025), 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 fell -1.3%, 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 $295,212. 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 3% of market value ($388,061 land vs $14,037,273 improvements), about $45/SF of land. Most value sits in the improvements, so building condition, age (~4 yrs), and rent roll drive the underwriting.
Submarket Position: At $14,425,334, 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 +4.9% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $18,851,007 by 2031, with an estimated annual tax burden around $355,104. 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.
1 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 24,136 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% | $133,463.19 | $133,463.19 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $75,591.20 | $75,591.20 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $54,216.90 | $54,216.90 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $17,025.21 | $17,025.21 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $14,915.80 | $14,915.80 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $295,212.30 | $295,212.30 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $133,463.19 | 45.2% |
| CAT City of Austin | 0.5240% | $75,591.20 | 25.6% |
| TCO Travis County | 0.3758% | $54,216.90 | 18.4% |
| THD Travis Central Health | 0.1180% | $17,025.21 | 5.8% |
| ACT Austin Community College | 0.1034% | $14,915.80 | 5.1% |
| Total | 2.0465% | $295,212.30 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $14,861,055 | $14,425,334 | +3.0% |
| Assessed Value | $14,861,055 | $14,425,334 | +3.0% |
| Land Value | $388,061 | $388,061 | +0.0% |
| Improvement Value | $14,472,994 | $14,037,273 | +3.1% |
| Taxable Value | $14,861,055 | $14,425,334 | +3.0% |
| Total Tax 2026 = estimate |
~$304,129
Estimated
|
~$295,212
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $14,861,055 | $388,061 | $14,472,994 | — | $14,861,055 | $14,861,055 | Not yet — post-cert | Preliminary |
| 2025 | $14,425,334 | $388,061 | $14,037,273 | — | $14,425,334 | $14,425,334 | ~$295,212 | Partial |
| 2024 | $13,512,499 | $388,061 | $13,124,438 | — | $13,512,499 | $13,512,499 | $267,793 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +3.0% | +3.0% | ~100% | Not available | Partial |
| 2025 | +6.8% | +6.8% | ~100% | Not available | Partial |
| 2024 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +6.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +3.0% | +4.9% | +4.9% | +6.8% | 2025 | +3.0% | 2026 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2024 | 100.0% | 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 |
$295,212 | $281,502 | ~$334,263 | $295,212 | 2025 | $267,793 | 2024 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$15,584,993 | ~$15,584,993 | ~2.0139% | ~$313,872 | +4.9% |
| 2028 | ~$16,344,198 | ~$16,344,198 | ~1.9814% | ~$323,842 | +10.0% |
| 2029 | ~$17,140,386 | ~$17,140,386 | ~1.9488% | ~$334,039 | +15.3% |
| 2030 | ~$17,975,359 | ~$17,975,359 | ~1.9163% | ~$344,460 | +21.0% |
| 2031 | ~$18,851,007 | ~$18,851,007 | ~1.8837% | ~$355,104 | +26.8% |
| 2027 | ~$15,287,772 | ~$15,287,772 | ~2.0465% | ~$312,862 | +2.9% |
| 2028 | ~$15,726,742 | ~$15,726,742 | ~2.0465% | ~$321,845 | +5.8% |
| 2029 | ~$16,178,317 | ~$16,178,317 | ~2.0465% | ~$331,087 | +8.9% |
| 2030 | ~$16,642,858 | ~$16,642,858 | ~2.0465% | ~$340,594 | +12.0% |
| 2031 | ~$17,120,738 | ~$17,120,738 | ~2.0465% | ~$350,373 | +15.2% |
| 2027 | ~$15,882,215 | ~$15,882,215 | ~1.9977% | ~$317,273 | +6.9% |
| 2028 | ~$16,973,542 | ~$16,973,542 | ~1.9488% | ~$330,787 | +14.2% |
| 2029 | ~$18,139,858 | ~$18,139,858 | ~1.9000% | ~$344,660 | +22.1% |
| 2030 | ~$19,386,317 | ~$19,386,317 | ~1.8512% | ~$358,878 | +30.5% |
| 2031 | ~$20,718,425 | ~$20,718,425 | ~1.8024% | ~$373,423 | +39.4% |
In 2025, this property's market value of $14,425,334 places it in the top 25% for Commercial properties in Travis County (13595 comparable) — 10× 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 | $14,425,334 | $632,506 | $1,382,921 | $3,258,143 | ↑ Top 25% | -0.8% |
| 2024 | $13,512,499 | $647,500 | $1,401,787 | $3,362,090 | ↑ Top 25% | +0.0% |
| 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 | 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 | 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 | — |