5800 AIRPORT BLVD TX 78751
| Owner | 5800 AIRPORT LLC |
|---|---|
| Parcel ID | 0226100305 |
| Short ID | 500450 |
| Type | Real |
| Use Code | 51 Office Large (>35,000 SF) |
| Valuation | Income |
| Improvement SF | 75,913 SF |
| Land SF | 314,242 SF |
| Acres | 7.214 |
| Year Built | 1958 |
| Legal | LOT 4A BLK A BUTTERKRUST SUBD RESUB OF LOT 4A AMENDED PLAT OF LOTS 2,3&4 |
| Neighborhood | 51NOR |
| Land | $25,139,360 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $25,139,360 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $17,000,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $17,000,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $17,000,000 |
| Taxable Value | $17,000,000 |
|---|
Appreciation: Market value has risen +34.6% from $12,629,838 (2021) to $17,000,000 (2025), a CAGR of 7.7% over 4 years. This represents moderate, steady growth. Most of this growth came in a single year (2021→2022), 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 $347,902. 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 148% of market value ($25,139,360 land vs $0 improvements), about $80/SF of land. With value concentrated in the land under a ~68-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 $17,000,000, 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 +6.1% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $22,882,320 by 2031, with an estimated annual tax burden around $431,044. 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 |
|---|---|---|---|
| 551 | PAVED AREA | 162,800 SF | ✗ |
| 491 | SPRINKLER HEADS | 75,913 SF | ✗ |
| 1ST | 1st Floor | 73,199 SF | ✓ |
| 2ND | 2nd Floor | 2,714 SF | ✓ |
| 501 | CANOPY | 1,406 SF | ✗ |
| 541 | FENCE COMM LF | 1,108 SF | ✗ |
| 611 | TERRACE | 428 SF | ✗ |
| SO | Sketch Only | 126 SF | ✗ |
| 413 | STAIRWAY EXT | 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% | $157,284.00 | $157,284.00 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $89,082.89 | $89,082.89 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $63,893.65 | $63,893.65 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $20,063.91 | $20,063.91 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $17,578.00 | $17,578.00 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $347,902.45 | $347,902.45 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $157,284.00 | 45.2% |
| CAT City of Austin | 0.5240% | $89,082.89 | 25.6% |
| TCO Travis County | 0.3758% | $63,893.65 | 18.4% |
| THD Travis Central Health | 0.1180% | $20,063.91 | 5.8% |
| ACT Austin Community College | 0.1034% | $17,578.00 | 5.1% |
| Total | 2.0465% | $347,902.45 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $17,000,000 | $17,000,000 | +0.0% |
| Assessed Value | $17,000,000 | $17,000,000 | +0.0% |
| Land Value | $25,139,360 | $25,139,360 | +0.0% |
| Improvement Value | — | — | — |
| Taxable Value | $17,000,000 | $17,000,000 | +0.0% |
| Total Tax 2026 = estimate |
~$347,902
Estimated
|
~$347,902
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $17,000,000 | $25,139,360 | — | — | $17,000,000 | $17,000,000 | Not yet — post-cert | Preliminary |
| 2025 | $17,000,000 | $25,139,360 | — | — | $17,000,000 | $17,000,000 | ~$347,902 | Partial |
| 2024 | $17,000,000 | $25,139,360 | — | — | $17,000,000 | $17,000,000 | $304,940 | Verified |
| 2023 | $15,993,503 | $25,139,360 | — | — | $15,993,503 | $15,993,503 | $272,367 | Verified |
| 2022 | $16,697,838 | $25,139,360 | — | — | $16,697,838 | $16,697,838 | $329,769 | Verified |
| 2021 | $12,629,838 | $12,569,680 | $60,158 | — | $12,629,838 | $12,629,838 | $274,911 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2025 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2024 | +6.3% | +6.3% | ~100% | No billing data | Verified |
| 2023 | -4.2% | -4.2% | ~100% | No billing data | Verified |
| 2022 | +32.2% | +32.2% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +34.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +6.9% | +6.1% | +32.2% | 2022 | -4.2% | 2023 |
| 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 |
$347,902 | $305,978 | ~$396,576 | $347,902 | 2025 | $272,367 | 2023 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$18,040,939 | ~$18,040,939 | ~2.0139% | ~$363,333 | +6.1% |
| 2028 | ~$19,145,617 | ~$19,145,617 | ~1.9814% | ~$379,349 | +12.6% |
| 2029 | ~$20,317,937 | ~$20,317,937 | ~1.9488% | ~$395,964 | +19.5% |
| 2030 | ~$21,562,039 | ~$21,562,039 | ~1.9163% | ~$413,191 | +26.8% |
| 2031 | ~$22,882,320 | ~$22,882,320 | ~1.8837% | ~$431,044 | +34.6% |
| 2027 | ~$17,700,939 | ~$17,700,939 | ~2.0465% | ~$362,247 | +4.1% |
| 2028 | ~$18,430,780 | ~$18,430,780 | ~2.0465% | ~$377,183 | +8.4% |
| 2029 | ~$19,190,713 | ~$19,190,713 | ~2.0465% | ~$392,735 | +12.9% |
| 2030 | ~$19,981,979 | ~$19,981,979 | ~2.0465% | ~$408,928 | +17.5% |
| 2031 | ~$20,805,871 | ~$20,805,871 | ~2.0465% | ~$425,789 | +22.4% |
| 2027 | ~$18,380,939 | ~$18,380,939 | ~1.9977% | ~$367,189 | +8.1% |
| 2028 | ~$19,874,055 | ~$19,874,055 | ~1.9488% | ~$387,313 | +16.9% |
| 2029 | ~$21,488,459 | ~$21,488,459 | ~1.9000% | ~$408,284 | +26.4% |
| 2030 | ~$23,234,004 | ~$23,234,004 | ~1.8512% | ~$430,106 | +36.7% |
| 2031 | ~$25,121,342 | ~$25,121,342 | ~1.8024% | ~$452,780 | +47.8% |
In 2025, this property's market value of $17,000,000 places it in the top 25% for Commercial properties in Travis County (13595 comparable) — 12× 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 | $17,000,000 | $632,506 | $1,382,921 | $3,258,143 | ↑ Top 25% | -0.8% |
| 2024 | $17,000,000 | $647,500 | $1,401,787 | $3,362,090 | ↑ Top 25% | +0.0% |
| 2023 | $15,993,503 | $651,680 | $1,383,015 | $3,277,245 | ↑ Top 25% | +9.7% |
| 2022 | $16,697,838 | $535,964 | $1,190,250 | $2,842,216 | ↑ Top 25% | +3.3% |
| 2021 | $12,629,838 | $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 | — |