HWY 290 78744
| Owner | BSREP III DECKER LANE LP |
|---|---|
| Parcel ID | 0234501105 |
| Short ID | 978064 |
| Type | Real |
| Use Code | 60 Industrial 20K+ SF (<25% FO) |
| Valuation | Cost |
| Improvement SF | 243,000 SF |
| Land SF | 893,820 SF |
| Acres | 20.519 |
| Year Built | 2025 |
| Legal | PARK 290 LOGISTICS CENTER BLK A LOT 1 |
| Neighborhood | FEA |
| Land | $1,787,640 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,787,640 |
| Improvement | $13,243,330 |
|---|---|
| Total Improvement | $13,243,330 |
| Market | $15,030,970 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $15,030,970 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $15,030,970 |
| Taxable Value | $15,030,970 |
|---|
Appreciation: Market value has risen +419.8% from $2,891,423 (2024) to $15,030,970 (2025), a CAGR of 419.8% over 1 year. 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 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 2.2027% in 2025 (+0.0900% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $331,085. Manor ISD is the largest single contributor, at 49.1% 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 12% of market value ($1,787,640 land vs $13,243,330 improvements), about $2/SF of land. Most value sits in the improvements, so building condition, age (~1 yrs), and rent roll drive the underwriting.
Submarket Position: At $15,030,970, 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 +207.5% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $7,522,530,014 by 2031, with an estimated annual tax burden around $824,595. 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 |
|---|---|---|---|
| 1ST | 1st Floor | 243,000 SF | ✓ |
| 491 | SPRINKLER HEADS | 243,000 SF | ✗ |
| 551 | PAVED AREA | 171,000 SF | ✗ |
| 881 | COMMCL FINISHOUT | 5,700 SF | ✓ |
| 408 | LOADING RAMP | 3,200 SF | ✓ |
| 413 | STAIRWAY EXT | 8 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% | $162,544.91 | $162,544.91 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $78,764.84 | $78,764.84 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $56,493.15 | $56,493.15 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $17,740.00 | $17,740.00 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $15,542.02 | $15,542.02 | Paid |
| Combined Rate | 2.4670% | 2.3303% | 2.0358% | 2.1127% | 2.2027% | +0.0900% | $331,084.92 | $331,084.92 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IMA Manor ISD | 1.0814% | $162,544.91 | 49.1% |
| CAT City of Austin | 0.5240% | $78,764.84 | 23.8% |
| TCO Travis County | 0.3758% | $56,493.15 | 17.1% |
| THD Travis Central Health | 0.1180% | $17,740.00 | 5.4% |
| ACT Austin Community College | 0.1034% | $15,542.02 | 4.7% |
| Total | 2.2027% | $331,084.92 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $27,346,264 | $15,030,970 | +81.9% |
| Assessed Value | $27,346,264 | $15,030,970 | +81.9% |
| Land Value | $1,787,640 | $1,787,640 | +0.0% |
| Improvement Value | $25,558,624 | $13,243,330 | +93.0% |
| Taxable Value | $27,346,264 | $15,030,970 | +81.9% |
| Total Tax 2026 = estimate |
~$602,352
Estimated
|
~$331,085
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $27,346,264 | $1,787,640 | $25,558,624 | — | $27,346,264 | $27,346,264 | Not yet — post-cert | Preliminary |
| 2025 | $15,030,970 | $1,787,640 | $13,243,330 | — | $15,030,970 | $15,030,970 | ~$331,085 | Partial |
| 2024 | $2,891,423 | $1,787,640 | $1,103,783 | — | $2,891,423 | $2,891,423 | $61,088 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +81.9% ! | +81.9% | ~100% | Not available | Partial |
| 2025 | +419.8% ! | +419.8% | ~100% | Not available | Partial |
| 2024 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +419.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +81.9% | +250.9% | +207.5% | +419.8% | 2025 | +81.9% | 2026 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2024 | 100.0% | 2024 |
| Effective Tax Rate (2025) | 2.2000% | 2.2000% | — | 2.2000% | 2025 | 2.2000% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$331,085 | $196,086 | ~$731,619 | $331,085 | 2025 | $61,088 | 2024 |
Market value changed by 420% in 2025, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$84,099,069 | ~$30,080,890 | ~2.1366% | ~$642,712 | +207.5% |
| 2028 | ~$258,633,259 | ~$33,088,979 | ~2.0705% | ~$685,120 | +845.8% |
| 2029 | ~$795,385,297 | ~$36,397,877 | ~2.0045% | ~$729,583 | +2808.6% |
| 2030 | ~$2,446,080,491 | ~$40,037,665 | ~1.9384% | ~$776,086 | +8844.8% |
| 2031 | ~$7,522,530,014 | ~$44,041,432 | ~1.8723% | ~$824,595 | +27408.4% |
| 2027 | ~$83,552,144 | ~$30,080,890 | ~2.2027% | ~$662,587 | +205.5% |
| 2028 | ~$255,280,235 | ~$33,088,979 | ~2.2027% | ~$728,846 | +833.5% |
| 2029 | ~$779,968,001 | ~$36,397,877 | ~2.2027% | ~$801,731 | +2752.2% |
| 2030 | ~$2,383,067,700 | ~$40,037,665 | ~2.2027% | ~$881,904 | +8614.4% |
| 2031 | ~$7,281,082,883 | ~$44,041,432 | ~2.2027% | ~$970,094 | +26525.5% |
| 2027 | ~$84,645,994 | ~$30,080,890 | ~2.1036% | ~$632,774 | +209.5% |
| 2028 | ~$262,008,161 | ~$33,088,979 | ~2.0045% | ~$663,257 | +858.1% |
| 2029 | ~$811,004,430 | ~$36,397,877 | ~1.9054% | ~$693,508 | +2865.7% |
| 2030 | ~$2,510,334,730 | ~$40,037,665 | ~1.8062% | ~$723,178 | +9079.8% |
| 2031 | ~$7,770,340,363 | ~$44,041,432 | ~1.7071% | ~$751,846 | +28314.6% |
In 2025, this property's market value of $15,030,970 places it in the top 25% for Commercial properties in Travis County (13595 comparable) — 11× 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 | $15,030,970 | $632,506 | $1,382,921 | $3,258,143 | ↑ Top 25% | -0.8% |
| 2024 | $2,891,423 | $647,500 | $1,401,787 | $3,362,090 | ↑ Above median | +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 |
| 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 | 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 | — |