4311 MEDICAL PKWY AUSTIN, TX 78756
| Owner | NIXON TERRY LYNN & JESSICA LAUREN |
|---|---|
| Parcel ID | 0222030302 |
| Short ID | 219805 |
| Type | Real |
| Use Code | 20 Small Store (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 2,666 SF |
| Land SF | 11,562 SF |
| Acres | 0.265 |
| Year Built | 1959 |
| Legal | N 80FT LOT 2 * & ALL OF LOT 3 BLK 5 ALTA VISTA |
| Neighborhood | 20CEN |
| Land | $1,040,580 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,040,580 |
| Improvement | $134,957 |
|---|---|
| Total Improvement | $134,957 |
| Market | $1,175,537 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,175,537 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,175,537 |
| Taxable Value | $1,175,537 |
|---|
Appreciation: Market value has risen +6.7% from $1,101,523 (2021) to $1,175,537 (2025), a CAGR of 1.6% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2025→2026), 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 lagged 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 $24,057. 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 89% of market value ($1,040,580 land vs $134,957 improvements), about $90/SF of land. With value concentrated in the land under a ~67-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 $1,175,537, 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 +2.7% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $1,441,142 by 2031, with an estimated annual tax burden around $27,147. 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.
9 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| SO | Sketch Only | 2,706 SF | ✗ |
| 1ST | 1st Floor | 2,666 SF | ✓ |
| 551 | PAVED AREA | 1,200 SF | ✗ |
| 061C | CARPORT ATT 1ST COMM | 668 SF | ✗ |
| 327 | STORAGE COMM'L | 240 SF | ✓ |
| 501 | CANOPY | 216 SF | ✗ |
| 051C | CARPORT DET 1ST COMM | 180 SF | ✗ |
| 273 | COLDSTG VAULT SM | 64 SF | ✓ |
| 011C | PORCH OPEN 1ST COMM | 30 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% | $10,876.07 | $10,876.07 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $6,160.01 | $6,160.01 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $4,418.20 | $4,418.20 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,387.40 | $1,387.40 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,215.51 | $1,215.51 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $24,057.19 | $24,057.19 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $10,876.07 | 45.2% |
| CAT City of Austin | 0.5240% | $6,160.01 | 25.6% |
| TCO Travis County | 0.3758% | $4,418.20 | 18.4% |
| THD Travis Central Health | 0.1180% | $1,387.40 | 5.8% |
| ACT Austin Community College | 0.1034% | $1,215.51 | 5.1% |
| Total | 2.0465% | $24,057.19 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,259,941 | $1,175,537 | +7.2% |
| Assessed Value | $1,259,941 | $1,175,537 | +7.2% |
| Land Value | $1,040,580 | $1,040,580 | +0.0% |
| Improvement Value | $219,361 | $134,957 | +62.5% |
| Taxable Value | $1,259,941 | $1,175,537 | +7.2% |
| Total Tax 2026 = estimate |
~$25,784
Estimated
|
~$24,057
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $1,259,941 | $1,040,580 | $219,361 | — | $1,259,941 | $1,259,941 | Not yet — post-cert | Preliminary |
| 2025 | $1,175,537 | $1,040,580 | $134,957 | — | $1,175,537 | $1,175,537 | ~$24,057 | Partial |
| 2024 | $1,185,000 | $1,040,580 | $144,420 | — | $1,185,000 | $1,185,000 | $23,484 | Verified |
| 2023 | $1,150,000 | $1,040,580 | $109,420 | — | $1,150,000 | $1,150,000 | $20,806 | Verified |
| 2022 | $1,141,856 | $1,040,580 | $101,276 | — | $1,141,856 | $1,141,856 | $22,551 | Verified |
| 2021 | $1,101,523 | $1,040,580 | $60,943 | — | $1,101,523 | $1,101,523 | $23,977 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +7.2% | +7.2% | ~100% | Not available | Partial |
| 2025 | -0.8% | -0.8% | ~100% | Not available | Partial |
| 2024 | +3.0% | +3.0% | ~100% | No billing data | Verified |
| 2023 | +0.7% | +0.7% | ~100% | No billing data | Verified |
| 2022 | +3.7% | +3.7% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +6.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +7.2% | +2.8% | +2.7% | +7.2% | 2026 | -0.8% | 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
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$24,057 | $22,975 | ~$26,611 | $24,057 | 2025 | $20,806 | 2023 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$1,294,260 | ~$1,294,260 | ~2.0139% | ~$26,066 | +2.7% |
| 2028 | ~$1,329,514 | ~$1,329,514 | ~1.9814% | ~$26,343 | +5.5% |
| 2029 | ~$1,365,728 | ~$1,365,728 | ~1.9488% | ~$26,616 | +8.4% |
| 2030 | ~$1,402,928 | ~$1,402,928 | ~1.9163% | ~$26,884 | +11.3% |
| 2031 | ~$1,441,142 | ~$1,441,142 | ~1.8837% | ~$27,147 | +14.4% |
| 2027 | ~$1,269,061 | ~$1,269,061 | ~2.0465% | ~$25,971 | +0.7% |
| 2028 | ~$1,278,247 | ~$1,278,247 | ~2.0465% | ~$26,159 | +1.5% |
| 2029 | ~$1,287,500 | ~$1,287,500 | ~2.0465% | ~$26,348 | +2.2% |
| 2030 | ~$1,296,820 | ~$1,296,820 | ~2.0465% | ~$26,539 | +2.9% |
| 2031 | ~$1,306,207 | ~$1,306,207 | ~2.0465% | ~$26,731 | +3.7% |
| 2027 | ~$1,319,459 | ~$1,319,459 | ~1.9977% | ~$26,358 | +4.7% |
| 2028 | ~$1,381,788 | ~$1,381,788 | ~1.9488% | ~$26,929 | +9.7% |
| 2029 | ~$1,447,062 | ~$1,447,062 | ~1.9000% | ~$27,494 | +14.9% |
| 2030 | ~$1,515,419 | ~$1,515,419 | ~1.8512% | ~$28,053 | +20.3% |
| 2031 | ~$1,587,005 | ~$1,587,005 | ~1.8024% | ~$28,604 | +26.0% |
In 2025, this property's market value of $1,175,537 places it in the 25th–50th percentile for Commercial properties in Travis County (13595 comparable) — -15% 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 | $1,175,537 | $632,506 | $1,382,921 | $3,258,143 | ↓ Below median | -0.8% |
| 2024 | $1,185,000 | $647,500 | $1,401,787 | $3,362,090 | ↓ Below median | +0.0% |
| 2023 | $1,150,000 | $651,680 | $1,383,015 | $3,277,245 | ↓ Below median | +9.7% |
| 2022 | $1,141,856 | $535,964 | $1,190,250 | $2,842,216 | ↓ Below median | +3.3% |
| 2021 | $1,101,523 | $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 | — |