700 W 45 ST TX 78751
| Owner | GMR AUSTIN LLC |
|---|---|
| Parcel ID | 0223050106 |
| Short ID | 808630 |
| Type | Real |
| Use Code | 88 Treatment / Rehab Center |
| Valuation | Cost |
| Improvement SF | 58,818 SF |
| Land SF | 158,994 SF |
| Acres | 3.650 |
| Year Built | 2011 |
| Legal | LOT 1-2 BLK A TRIANGLE TRACT 2 SUBD |
| Neighborhood | 88REH |
| Land | $12,719,520 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $12,719,520 |
| Improvement | $15,440,480 |
|---|---|
| Total Improvement | $15,440,480 |
| Market | $28,160,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $28,160,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $28,160,000 |
| Taxable Value | $28,160,000 |
|---|
Appreciation: Market value has risen +40.1% from $20,100,000 (2021) to $28,160,000 (2025), a CAGR of 8.8% over 4 years. This is strong appreciation — well above typical inflation. 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 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 $576,290. 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 cost approach, tied more to replacement cost and physical condition than to income performance.
Value Composition: Land carries 45% of market value ($12,719,520 land vs $15,440,480 improvements), about $80/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $28,160,000, 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 +10.8% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $55,870,079 by 2031, with an estimated annual tax burden around $1,016,653. 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.
15 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 95,944 SF | ✗ |
| SO | Sketch Only | 65,700 SF | ✗ |
| 491 | SPRINKLER HEADS | 60,856 SF | ✗ |
| 1ST | 1st Floor | 20,336 SF | ✓ |
| 2ND | 2nd Floor | 20,260 SF | ✓ |
| 3RD | 3rd Floor | 18,222 SF | ✓ |
| 611 | TERRACE | 1,827 SF | ✗ |
| 501 | CANOPY | 1,635 SF | ✗ |
| 327 | STORAGE COMM'L | 1,188 SF | ✓ |
| 273 | COLDSTG VAULT SM | 221 SF | ✓ |
| 601 | POOL COMM'L | 192 SF | ✗ |
| 437 | FENCE MASON LF | 117 SF | ✗ |
| 482 | LIGHT POLES | 13 SF | ✓ |
| 276 | ELEVATOR COM PAS | 3 SF | ✓ |
| 414 | FOUNTAIN OUTDOOR | 1 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% | $260,536.32 | $260,536.32 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $147,563.19 | $147,563.19 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $105,837.95 | $105,837.95 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $33,235.28 | $33,235.28 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $29,117.44 | $29,117.44 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $576,290.18 | $576,290.18 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $260,536.32 | 45.2% |
| CAT City of Austin | 0.5240% | $147,563.19 | 25.6% |
| TCO Travis County | 0.3758% | $105,837.95 | 18.4% |
| THD Travis Central Health | 0.1180% | $33,235.28 | 5.8% |
| ACT Austin Community College | 0.1034% | $29,117.44 | 5.1% |
| Total | 2.0465% | $576,290.18 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $33,511,022 | $28,160,000 | +19.0% |
| Assessed Value | $33,511,022 | $28,160,000 | +19.0% |
| Land Value | $12,719,520 | $12,719,520 | +0.0% |
| Improvement Value | $20,791,502 | $15,440,480 | +34.7% |
| Taxable Value | $33,511,022 | $28,160,000 | +19.0% |
| Total Tax 2026 = estimate |
~$685,798
Estimated
|
~$576,290
Partial
|
ⓘ |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $33,511,022 | $12,719,520 | $20,791,502 | — | $33,511,022 | $33,511,022 | Not yet — post-cert | Preliminary |
| 2025 | $28,160,000 | $12,719,520 | $15,440,480 | — | $28,160,000 | $28,160,000 | ~$576,290 | Partial |
| 2024 | $24,886,000 | $12,719,520 | $12,166,480 | — | $24,886,000 | $24,886,000 | $493,194 | Verified |
| 2023 | $25,462,548 | $12,719,520 | $12,743,028 | — | $25,462,548 | $25,462,548 | $460,680 | Verified |
| 2022 | $23,500,000 | $12,719,520 | $10,780,480 | — | $23,500,000 | $23,500,000 | $464,107 | Verified |
| 2021 | $20,100,000 | $12,719,520 | $7,380,480 | — | $20,100,000 | $20,100,000 | $437,512 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +19.0% | +19.0% | ~100% | Not available | Partial |
| 2025 | +13.2% | +13.2% | ~100% | Not available | Partial |
| 2024 | -2.3% | -2.3% | ~100% | No billing data | Verified |
| 2023 | +8.4% | +8.4% | ~100% | No billing data | Verified |
| 2022 | +16.9% | +16.9% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +40.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +19.0% | +11.0% | +10.8% | +19.0% | 2026 | -2.3% | 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 |
$576,290 | $486,357 | ~$874,379 | $576,290 | 2025 | $437,512 | 2021 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$37,118,122 | ~$36,862,124 | ~2.0139% | ~$742,380 | +10.8% |
| 2028 | ~$41,113,488 | ~$40,548,337 | ~1.9814% | ~$803,420 | +22.7% |
| 2029 | ~$45,538,911 | ~$44,603,170 | ~1.9488% | ~$869,244 | +35.9% |
| 2030 | ~$50,440,684 | ~$49,063,487 | ~1.9163% | ~$940,199 | +50.5% |
| 2031 | ~$55,870,079 | ~$53,969,836 | ~1.8837% | ~$1,016,653 | +66.7% |
| 2027 | ~$36,447,902 | ~$36,447,902 | ~2.0465% | ~$745,901 | +8.8% |
| 2028 | ~$39,642,167 | ~$39,642,167 | ~2.0465% | ~$811,271 | +18.3% |
| 2029 | ~$43,116,376 | ~$43,116,376 | ~2.0465% | ~$882,370 | +28.7% |
| 2030 | ~$46,895,061 | ~$46,895,061 | ~2.0465% | ~$959,700 | +39.9% |
| 2031 | ~$51,004,907 | ~$51,004,907 | ~2.0465% | ~$1,043,808 | +52.2% |
| 2027 | ~$37,788,343 | ~$36,862,124 | ~1.9977% | ~$736,381 | +12.8% |
| 2028 | ~$42,611,617 | ~$40,548,337 | ~1.9488% | ~$790,222 | +27.2% |
| 2029 | ~$48,050,530 | ~$44,603,170 | ~1.9000% | ~$847,468 | +43.4% |
| 2030 | ~$54,183,662 | ~$49,063,487 | ~1.8512% | ~$908,260 | +61.7% |
| 2031 | ~$61,099,622 | ~$53,969,836 | ~1.8024% | ~$972,737 | +82.3% |
In 2025, this property's market value of $28,160,000 places it in the top 25% for Commercial properties in Travis County (13595 comparable) — 20× 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 | $28,160,000 | $632,506 | $1,382,921 | $3,258,143 | ↑ Top 25% | -0.8% |
| 2024 | $24,886,000 | $647,500 | $1,401,787 | $3,362,090 | ↑ Top 25% | +0.0% |
| 2023 | $25,462,548 | $651,680 | $1,383,015 | $3,277,245 | ↑ Top 25% | +9.7% |
| 2022 | $23,500,000 | $535,964 | $1,190,250 | $2,842,216 | ↑ Top 25% | +3.3% |
| 2021 | $20,100,000 | $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 | — |