56 ST 78751
| Owner | BUP 501 AUSTIN OWNER LLC |
|---|---|
| Parcel ID | 0226100902 |
| Short ID | 981062 |
| Type | Real |
| Use Code | 80 Auto Dealership |
| Valuation | Income |
| Improvement SF | 50,168 SF |
| Land SF | 170,276 SF |
| Acres | 3.909 |
| Year Built | 1968 |
| Legal | 501 THE LOT 1 |
| Neighborhood | NO |
| Land | $11,067,943 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $11,067,943 |
| Improvement | $2,333,642 |
|---|---|
| Total Improvement | $2,333,642 |
| Market | $13,401,585 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $13,401,585 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $13,401,585 |
| Taxable Value | $13,401,585 |
|---|
Appreciation: Market value has fallen +0.0% from $13,401,585 (2024) to $13,401,585 (2025), a CAGR of 0.0% over 1 year. Growth has been relatively flat for this asset class. 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 $274,261. 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 83% of market value ($11,067,943 land vs $2,333,642 improvements), about $65/SF of land. With value concentrated in the land under a ~58-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 $13,401,585, 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 +0.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $13,401,585 by 2030, with an estimated annual tax burden around $252,451. 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.
11 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 108,000 SF | ✗ |
| 1ST | 1st Floor | 50,168 SF | ✓ |
| 093 | HVAC COMMRCL SF | 15,660 SF | ✗ |
| 501 | CANOPY | 7,812 SF | ✗ |
| 881 | COMMCL FINISHOUT | 5,813 SF | ✓ |
| 611 | TERRACE | 5,562 SF | ✗ |
| 591 | MASONRY TRIM SF | 2,000 SF | ✗ |
| 541 | FENCE COMM LF | 770 SF | ✗ |
| MEZZ | Mezzanine | 520 SF | ✓ |
| 327 | STORAGE COMM'L | 420 SF | ✓ |
| 482 | LIGHT POLES | 22 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% | $123,991.46 | $123,991.46 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $70,226.58 | $70,226.58 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $50,369.19 | $50,369.19 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $15,816.95 | $15,816.95 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $13,857.24 | $13,857.24 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $274,261.42 | $274,261.42 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $123,991.46 | 45.2% |
| CAT City of Austin | 0.5240% | $70,226.58 | 25.6% |
| TCO Travis County | 0.3758% | $50,369.19 | 18.4% |
| THD Travis Central Health | 0.1180% | $15,816.95 | 5.8% |
| ACT Austin Community College | 0.1034% | $13,857.24 | 5.1% |
| Total | 2.0465% | $274,261.42 | 100.0% |
| 2026 Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | — | $13,401,585 | — |
| Assessed Value | — | $13,401,585 | — |
| Land Value | — | $11,067,943 | — |
| Improvement Value | — | $2,333,642 | — |
| Taxable Value | — | $13,401,585 | — |
| Total Tax | Pending certification |
~$274,261
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2025 | $13,401,585 | $11,067,943 | $2,333,642 | — | $13,401,585 | $13,401,585 | ~$274,261 | Partial |
| 2024 | $13,401,585 | $11,067,943 | $2,333,642 | — | $13,401,585 | $13,401,585 | $265,594 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2025 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2024 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +0.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +0.0% | +0.0% | +0.0% | 2025 | +0.0% | 2025 |
| 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 |
$274,261 | $269,928 | ~$261,175 | $274,261 | 2025 | $265,594 | 2024 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$13,401,585 | ~$13,401,585 | ~2.0139% | ~$269,899 | +0.0% |
| 2027 | ~$13,401,585 | ~$13,401,585 | ~1.9814% | ~$265,537 | +0.0% |
| 2028 | ~$13,401,585 | ~$13,401,585 | ~1.9488% | ~$261,175 | +0.0% |
| 2029 | ~$13,401,585 | ~$13,401,585 | ~1.9163% | ~$256,813 | +0.0% |
| 2030 | ~$13,401,585 | ~$13,401,585 | ~1.8837% | ~$252,451 | +0.0% |
| 2026 | ~$13,133,553 | ~$13,133,553 | ~2.0465% | ~$268,776 | -2.0% |
| 2027 | ~$12,870,882 | ~$12,870,882 | ~2.0465% | ~$263,401 | -4.0% |
| 2028 | ~$12,613,465 | ~$12,613,465 | ~2.0465% | ~$258,133 | -5.9% |
| 2029 | ~$12,361,195 | ~$12,361,195 | ~2.0465% | ~$252,970 | -7.8% |
| 2030 | ~$12,113,971 | ~$12,113,971 | ~2.0465% | ~$247,911 | -9.6% |
| 2026 | ~$13,669,617 | ~$13,669,617 | ~1.9977% | ~$273,073 | +2.0% |
| 2027 | ~$13,943,009 | ~$13,943,009 | ~1.9488% | ~$271,727 | +4.0% |
| 2028 | ~$14,221,869 | ~$14,221,869 | ~1.9000% | ~$270,218 | +6.1% |
| 2029 | ~$14,506,307 | ~$14,506,307 | ~1.8512% | ~$268,540 | +8.2% |
| 2030 | ~$14,796,433 | ~$14,796,433 | ~1.8024% | ~$266,687 | +10.4% |
In 2025, this property's market value of $13,401,585 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 | $13,401,585 | $632,506 | $1,382,921 | $3,258,143 | ↑ Top 25% | -0.8% |
| 2024 | $13,401,585 | $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 |
| 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 | — |