10807 N IH 35 SVRD NB TX
| Owner | ARTURO HEMINGWAY LLC |
|---|---|
| Parcel ID | 0245230610 |
| Short ID | 867495 |
| Type | Real |
| Use Code | 55 Medical Office (>10,000 SF) |
| Valuation | Income |
| Improvement SF | 12,650 SF |
| Land SF | 88,668 SF |
| Acres | 2.036 |
| Year Built | 2025 |
| Legal | ABS 29 SUR 58 APPLEGATE J ACR 2.08 |
| Neighborhood | 1NE1 |
| Land | $842,346 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $842,346 |
| Improvement | $2,526,309 |
|---|---|
| Total Improvement | $2,526,309 |
| Market | $3,368,655 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $3,368,655 |
| Value Limitation Adjustment (−) (homestead cap) | −$532,247 |
| Net Appraised (assessed) | $2,836,408 |
| Taxable Value | $2,836,408 |
|---|
Appreciation: Market value has risen +291.7% from $860,000 (2021) to $3,368,655 (2025), a CAGR of 40.7% over 4 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 +283.7%, so this parcel has outpaced the broader land/vacant 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 $58,047. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Assessment Gap: Assessed value ($2,836,408) is $532,247 below market value, suggesting potential for an upward assessment in future years.
Asset Class: Land / Vacant. 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 25% of market value ($842,346 land vs $2,526,309 improvements), about $10/SF of land. Most value sits in the improvements, so building condition, age (~1 yrs), and rent roll drive the underwriting.
Submarket Position: At $3,368,655, 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 +41.5% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $27,640,037 by 2031, with an estimated annual tax burden around $520,667. 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.
2 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 44,000 SF | ✗ |
| 1ST | 1st Floor | 12,650 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% | $26,242.45 | $26,242.45 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $14,863.26 | $14,863.26 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $10,660.50 | $10,660.50 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $3,347.61 | $3,347.61 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,932.85 | $2,932.85 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $58,046.67 | $58,046.67 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $26,242.45 | 45.2% |
| CAT City of Austin | 0.5240% | $14,863.26 | 25.6% |
| TCO Travis County | 0.3758% | $10,660.50 | 18.4% |
| THD Travis Central Health | 0.1180% | $3,347.61 | 5.8% |
| ACT Austin Community College | 0.1034% | $2,932.85 | 5.1% |
| Total | 2.0465% | $58,046.67 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $4,875,493 | $3,368,655 | +44.7% |
| Assessed Value | $4,187,734 | $2,836,408 | +47.6% |
| Land Value | $842,346 | $842,346 | +0.0% |
| Improvement Value | $4,033,147 | $2,526,309 | +59.6% |
| Taxable Value | $4,187,734 | $2,836,408 | +47.6% |
| HS Cap Loss | -$687,759 | — | |
| Total Tax 2026 = estimate |
~$85,701
Estimated
|
~$58,047
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $4,875,493 | $842,346 | $4,033,147 | −$687,759 | $4,187,734 | $4,187,734 | Not yet — post-cert | Preliminary |
| 2025 | $3,368,655 | $842,346 | $2,526,309 | −$532,247 | $2,836,408 | $2,836,408 | ~$58,047 | Partial |
| 2024 | $2,363,673 | $842,346 | $1,521,327 | — | $2,363,673 | $2,363,673 | $46,844 | Verified |
| 2023 | $842,346 | $842,346 | — | — | $842,346 | $842,346 | $15,240 | Verified |
| 2022 | $842,346 | $842,346 | — | — | $842,346 | $842,346 | $16,636 | Verified |
| 2021 | $860,000 | $860,000 | — | — | $860,000 | $860,000 | $18,719 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +44.7% | +47.6% | 85.9% | Not available | Partial |
| 2025 | +42.5% | +20.0% | 84.2% | Not available | Partial |
| 2024 | +180.6% ! | +180.6% | ~100% | No billing data | Verified |
| 2023 | +0.0% | +0.0% | ~100% | No billing data | Verified |
| 2022 | -2.1% | -2.1% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +291.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +44.7% | +53.1% | +41.5% | +180.6% | 2024 | -2.1% | 2022 |
| Assessment Ratio | 85.9% | 95.0% | — | 100.0% | 2021 | 84.2% | 2025 |
| Effective Tax Rate (2025) | 1.7200% | 1.7200% | — | 1.7200% | 2025 | 1.7200% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$58,047 | $31,097 | ~$299,285 | $58,047 | 2025 | $15,240 | 2023 |
Market value changed by 181% 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 | ~$6,897,990 | ~$6,897,990 | ~2.0139% | ~$138,921 | +41.5% |
| 2028 | ~$9,759,478 | ~$9,759,478 | ~1.9814% | ~$193,373 | +100.2% |
| 2029 | ~$13,807,994 | ~$13,807,994 | ~1.9488% | ~$269,096 | +183.2% |
| 2030 | ~$19,535,953 | ~$19,535,953 | ~1.9163% | ~$374,366 | +300.7% |
| 2031 | ~$27,640,037 | ~$27,640,037 | ~1.8837% | ~$520,667 | +466.9% |
| 2027 | ~$6,800,480 | ~$6,800,480 | ~2.0465% | ~$139,171 | +39.5% |
| 2028 | ~$9,485,508 | ~$9,485,508 | ~2.0465% | ~$194,119 | +94.6% |
| 2029 | ~$13,230,664 | ~$13,230,664 | ~2.0465% | ~$270,764 | +171.4% |
| 2030 | ~$18,454,516 | ~$18,454,516 | ~2.0465% | ~$377,669 | +278.5% |
| 2031 | ~$25,740,899 | ~$25,740,899 | ~2.0465% | ~$526,784 | +428.0% |
| 2027 | ~$6,995,500 | ~$6,995,500 | ~1.9977% | ~$139,746 | +43.5% |
| 2028 | ~$10,037,347 | ~$10,037,347 | ~1.9488% | ~$195,612 | +105.9% |
| 2029 | ~$14,401,879 | ~$14,401,879 | ~1.9000% | ~$273,638 | +195.4% |
| 2030 | ~$20,664,237 | ~$20,664,237 | ~1.8512% | ~$382,535 | +323.8% |
| 2031 | ~$29,649,651 | ~$29,649,651 | ~1.8024% | ~$534,397 | +508.1% |
In 2025, this property's market value of $3,368,655 places it in the top 25% for Land/Vacant properties in Travis County (35611 comparable) — 40× 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 | $3,368,655 | $24,862 | $84,423 | $362,804 | ↑ Top 25% | +2.1% |
| 2024 | $2,363,673 | $23,000 | $66,000 | $328,966 | ↑ Top 25% | +0.0% |
| 2023 | $842,346 | $24,692 | $71,500 | $270,000 | ↑ Top 25% | +0.0% |
| 2022 | $842,346 | $15,000 | $55,000 | $180,000 | ↑ Top 25% | +100.0% |
| 2021 | $860,000 | $8,000 | $22,000 | $81,900 | ↑ 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 | — |