DECKER LN 78724
| Owner | MAJESTIC TIMMERMANN LLC |
|---|---|
| Parcel ID | 0227460101 |
| Short ID | 968009 |
| Type | Real |
| Use Code | 60 Industrial 20K+ SF (<25% FO) |
| Valuation | Cost |
| Improvement SF | 99,800 SF |
| Land SF | 305,835 SF |
| Acres | 7.021 |
| Year Built | 2022 |
| Legal | MAJESTIC AT DECKER LANE SUBD BLK A LOT 2 |
| Neighborhood | FE1 |
| Land | $1,223,339 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,223,339 |
| Improvement | $17,298,661 |
|---|---|
| Total Improvement | $17,298,661 |
| Market | $18,522,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $18,522,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $18,522,000 |
| Taxable Value | $18,522,000 |
|---|
Appreciation: Market value has risen +136.6% from $7,826,996 (2023) to $18,522,000 (2025), a CAGR of 53.8% over 2 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2023→2024), not a steady climb — worth checking what drove that reappraisal rather than assuming a smooth trend. Over the same span, the median Land/Vacant parcel countywide rose +18.1%, so this parcel has outpaced the broader land/vacant market over the same period.
Tax Burden: The combined rate across 5 taxing entities is 1.7787% in 2025 (+0.0436% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $329,445. Manor ISD is the largest single contributor, at 60.8% of the total 2025 levy.
Asset Class: Land / Vacant. This is valued using the cost approach, tied more to replacement cost and physical condition than to income performance.
Value Composition: Land carries 7% of market value ($1,223,339 land vs $17,298,661 improvements), about $4/SF of land. Most value sits in the improvements, so building condition, age (~4 yrs), and rent roll drive the underwriting.
Submarket Position: At $18,522,000, this parcel sits in the top quartile (≥75th percentile) of Land/Vacant property in Travis County — county median $84,423 (P25 $24,862 / P75 $362,804, n=35,611). Land/Vacant here is the broad TCAD category — every land/vacant 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 +37.9% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $102,472,810 by 2031, with an estimated annual tax burden around $485,978. 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.
6 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 193,200 SF | ✗ |
| 1ST | 1st Floor | 99,800 SF | ✓ |
| 491 | SPRINKLER HEADS | 99,800 SF | ✗ |
| 408 | LOADING RAMP | 1,800 SF | ✓ |
| 482 | LIGHT POLES | 10 SF | ✓ |
| 413 | STAIRWAY EXT | 6 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 |
|---|---|---|---|---|---|---|---|---|---|
| IMA Manor ISD | 1.3520% | 1.3520% | 1.0861% | 1.0814% | 1.0814% | +0.0000% | $189,245.00 | $189,245.00 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $65,772.88 | $65,772.88 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $20,654.03 | $20,654.03 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $18,095.00 | $18,095.00 | Paid |
| E12 Travis County ESD # 12 | 0.1000% | 0.1000% | 0.0982% | 0.1000% | 0.1000% | +0.0000% | $17,500.00 | $17,500.00 | Paid |
| Combined Rate | 2.0260% | 1.9676% | 1.6882% | 1.7351% | 1.7787% | +0.0436% | $311,266.91 | $311,266.91 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IMA Manor ISD | 1.0814% | $189,245.00 | 60.8% |
| TCO Travis County | 0.3758% | $65,772.88 | 21.1% |
| THD Travis Central Health | 0.1180% | $20,654.03 | 6.6% |
| ACT Austin Community College | 0.1034% | $18,095.00 | 5.8% |
| E12 Travis County ESD # 12 | 0.1000% | $17,500.00 | 5.6% |
| Total | 1.7787% | $311,266.91 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $20,534,077 | $18,522,000 | +10.9% |
| Assessed Value | $20,534,077 | $18,522,000 | +10.9% |
| Land Value | $1,223,339 | $1,223,339 | +0.0% |
| Improvement Value | $19,310,738 | $17,298,661 | +11.6% |
| Taxable Value | $20,534,077 | $18,522,000 | +10.9% |
| Total Tax 2026 = estimate |
~$365,233
Estimated
|
~$311,267
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $20,534,077 | $1,223,339 | $19,310,738 | — | $20,534,077 | $20,534,077 | Not yet — post-cert | Preliminary |
| 2025 | $18,522,000 | $1,223,339 | $17,298,661 | — | $18,522,000 | $18,522,000 | ~$311,267 | Partial |
| 2024 | $14,894,610 | $1,223,339 | $13,671,271 | — | $14,894,610 | $14,894,610 | $247,081 | Verified |
| 2023 | $7,826,996 | $458,752 | $7,368,244 | — | $7,826,996 | $7,826,996 | $132,139 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +10.9% | +10.9% | ~100% | Not available | Partial |
| 2025 | +24.4% | +24.4% | ~100% | Not available | Partial |
| 2024 | +90.3% ! | +90.3% | ~100% | No billing data | Verified |
| 2023 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +136.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +10.9% | +41.9% | +37.9% | +90.3% | 2024 | +10.9% | 2026 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2023 | 100.0% | 2023 |
| Effective Tax Rate (2025) | 1.6800% | 1.6800% | — | 1.6800% | 2025 | 1.6800% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$311,267 | $230,162 | ~$436,159 | $311,267 | 2025 | $132,139 | 2023 |
Market value changed by 90% in 2024, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$28,320,563 | ~$22,587,485 | ~1.7168% | ~$387,791 | +37.9% |
| 2028 | ~$39,059,670 | ~$24,846,233 | ~1.6550% | ~$411,208 | +90.2% |
| 2029 | ~$53,871,028 | ~$27,330,856 | ~1.5932% | ~$435,431 | +162.3% |
| 2030 | ~$74,298,826 | ~$30,063,942 | ~1.5314% | ~$460,386 | +261.8% |
| 2031 | ~$102,472,810 | ~$33,070,336 | ~1.4695% | ~$485,978 | +399.0% |
| 2027 | ~$27,909,881 | ~$22,587,485 | ~1.7787% | ~$401,756 | +35.9% |
| 2028 | ~$37,935,061 | ~$24,846,233 | ~1.7787% | ~$441,932 | +84.7% |
| 2029 | ~$51,561,268 | ~$27,330,856 | ~1.7787% | ~$486,125 | +151.1% |
| 2030 | ~$70,081,984 | ~$30,063,942 | ~1.7787% | ~$534,738 | +241.3% |
| 2031 | ~$95,255,309 | ~$33,070,336 | ~1.7787% | ~$588,211 | +363.9% |
| 2027 | ~$28,731,244 | ~$22,587,485 | ~1.6859% | ~$380,808 | +39.9% |
| 2028 | ~$40,200,706 | ~$24,846,233 | ~1.5932% | ~$395,846 | +95.8% |
| 2029 | ~$56,248,757 | ~$27,330,856 | ~1.5004% | ~$410,084 | +173.9% |
| 2030 | ~$78,703,161 | ~$30,063,942 | ~1.4077% | ~$423,211 | +283.3% |
| 2031 | ~$110,121,324 | ~$33,070,336 | ~1.3150% | ~$434,862 | +436.3% |
In 2025, this property's market value of $18,522,000 places it in the top 25% for Land/Vacant properties in Travis County (35611 comparable) — 219× the county median of $84,423. Land/Vacant here is the broad TCAD category — every land/vacant 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 | $18,522,000 | $24,862 | $84,423 | $362,804 | ↑ Top 25% | +2.1% |
| 2024 | $14,894,610 | $23,000 | $66,000 | $328,966 | ↑ Top 25% | +0.0% |
| 2023 | $7,826,996 | $24,692 | $71,500 | $270,000 | ↑ 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 | 2023–2024 | 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 | 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 | — |