DECKER LN 78724
| Owner | MAJESTIC TIMMERMANN LLC |
|---|---|
| Parcel ID | 0227460102 |
| Short ID | 968010 |
| Type | Real |
| Use Code | 60 Industrial 20K+ SF (<25% FO) |
| Valuation | Cost |
| Improvement SF | 81,000 SF |
| Land SF | 226,512 SF |
| Acres | 5.200 |
| Year Built | 2022 |
| Legal | MAJESTIC AT DECKER LANE SUBD BLK A LOT 3 |
| Neighborhood | FE1 |
| Land | $906,048 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $906,048 |
| Improvement | $15,379,952 |
|---|---|
| Total Improvement | $15,379,952 |
| Market | $16,286,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $16,286,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $16,286,000 |
| Taxable Value | $16,286,000 |
|---|
Appreciation: Market value has risen +157.0% from $6,337,406 (2023) to $16,286,000 (2025), a CAGR of 60.3% 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 $289,674. 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 6% of market value ($906,048 land vs $15,379,952 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 $16,286,000, 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 +39.5% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $90,977,286 by 2031, with an estimated annual tax burden around $407,320. 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.
5 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 98,000 SF | ✗ |
| 1ST | 1st Floor | 81,000 SF | ✓ |
| 491 | SPRINKLER HEADS | 81,000 SF | ✗ |
| 408 | LOADING RAMP | 2,100 SF | ✓ |
| 413 | STAIRWAY EXT | 5 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% | $162,210.00 | $162,210.00 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $56,376.75 | $56,376.75 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $17,703.45 | $17,703.45 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $15,510.00 | $15,510.00 | Paid |
| E12 Travis County ESD # 12 | 0.1000% | 0.1000% | 0.0982% | 0.1000% | 0.1000% | +0.0000% | $15,000.00 | $15,000.00 | Paid |
| Combined Rate | 2.0260% | 1.9676% | 1.6882% | 1.7351% | 1.7787% | +0.0436% | $266,800.20 | $266,800.20 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IMA Manor ISD | 1.0814% | $162,210.00 | 60.8% |
| TCO Travis County | 0.3758% | $56,376.75 | 21.1% |
| THD Travis Central Health | 0.1180% | $17,703.45 | 6.6% |
| ACT Austin Community College | 0.1034% | $15,510.00 | 5.8% |
| E12 Travis County ESD # 12 | 0.1000% | $15,000.00 | 5.6% |
| Total | 1.7787% | $266,800.20 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $17,210,543 | $16,286,000 | +5.7% |
| Assessed Value | $17,210,543 | $16,286,000 | +5.7% |
| Land Value | $906,048 | $906,048 | +0.0% |
| Improvement Value | $16,304,495 | $15,379,952 | +6.0% |
| Taxable Value | $17,210,543 | $16,286,000 | +5.7% |
| Total Tax 2026 = estimate |
~$306,118
Estimated
|
~$266,800
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $17,210,543 | $906,048 | $16,304,495 | — | $17,210,543 | $17,210,543 | Not yet — post-cert | Preliminary |
| 2025 | $16,286,000 | $906,048 | $15,379,952 | — | $16,286,000 | $16,286,000 | ~$266,800 | Partial |
| 2024 | $14,422,375 | $906,048 | $13,516,327 | — | $14,422,375 | $14,422,375 | $243,338 | Verified |
| 2023 | $6,337,406 | $339,768 | $5,997,638 | — | $6,337,406 | $6,337,406 | $106,991 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +5.7% | +5.7% | ~100% | Not available | Partial |
| 2025 | +12.9% | +12.9% | ~100% | Not available | Partial |
| 2024 | +127.6% ! | +127.6% | ~100% | No billing data | Verified |
| 2023 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +157.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +5.7% | +48.7% | +39.5% | +127.6% | 2024 | +5.7% | 2026 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2023 | 100.0% | 2023 |
| Effective Tax Rate (2025) | 1.6400% | 1.6400% | — | 1.6400% | 2025 | 1.6400% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$266,800 | $205,710 | ~$365,565 | $266,800 | 2025 | $106,991 | 2023 |
Market value changed by 128% 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 | ~$24,011,664 | ~$18,931,597 | ~1.7168% | ~$325,025 | +39.5% |
| 2028 | ~$33,500,395 | ~$20,824,757 | ~1.6550% | ~$344,652 | +94.7% |
| 2029 | ~$46,738,806 | ~$22,907,233 | ~1.5932% | ~$364,955 | +171.6% |
| 2030 | ~$65,208,663 | ~$25,197,956 | ~1.5314% | ~$385,871 | +278.9% |
| 2031 | ~$90,977,286 | ~$27,717,752 | ~1.4695% | ~$407,320 | +428.6% |
| 2027 | ~$23,667,453 | ~$18,931,597 | ~1.7787% | ~$336,730 | +37.5% |
| 2028 | ~$32,546,813 | ~$20,824,757 | ~1.7787% | ~$370,403 | +89.1% |
| 2029 | ~$44,757,459 | ~$22,907,233 | ~1.7787% | ~$407,444 | +160.1% |
| 2030 | ~$61,549,194 | ~$25,197,956 | ~1.7787% | ~$448,188 | +257.6% |
| 2031 | ~$84,640,714 | ~$27,717,752 | ~1.7787% | ~$493,007 | +391.8% |
| 2027 | ~$24,355,875 | ~$18,931,597 | ~1.6859% | ~$319,173 | +41.5% |
| 2028 | ~$34,467,746 | ~$20,824,757 | ~1.5932% | ~$331,777 | +100.3% |
| 2029 | ~$48,777,782 | ~$22,907,233 | ~1.5004% | ~$343,710 | +183.4% |
| 2030 | ~$69,028,940 | ~$25,197,956 | ~1.4077% | ~$354,712 | +301.1% |
| 2031 | ~$97,687,807 | ~$27,717,752 | ~1.3150% | ~$364,477 | +467.6% |
In 2025, this property's market value of $16,286,000 places it in the top 25% for Land/Vacant properties in Travis County (35611 comparable) — 193× 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 | $16,286,000 | $24,862 | $84,423 | $362,804 | ↑ Top 25% | +2.1% |
| 2024 | $14,422,375 | $23,000 | $66,000 | $328,966 | ↑ Top 25% | +0.0% |
| 2023 | $6,337,406 | $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 | — |