12521 HARRIS BRANCH PKWY 78653
| Owner | LRF3 AUS HARRIS BRANCH LLC |
|---|---|
| Parcel ID | 0245430901 |
| Short ID | 965195 |
| Type | Real |
| Use Code | 60 Industrial 20K+ SF (<25% FO) |
| Valuation | Cost |
| Improvement SF | 371,200 SF |
| Land SF | 1,180,694 SF |
| Acres | 27.105 |
| Year Built | 2004 |
| Legal | COMMERCE PARK AT HARRIS BRANCH SEC 1 RSB LOT 1 BLK A BLK A LOT 1 |
| Neighborhood | NEA |
| Land | $1,771,041 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,771,041 |
| Improvement | $52,928,959 |
|---|---|
| Total Improvement | $52,928,959 |
| Market | $54,700,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $54,700,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $54,700,000 |
| Taxable Value | $54,700,000 |
|---|
Appreciation: Market value has risen +75.6% from $31,158,701 (2023) to $54,700,000 (2025), a CAGR of 32.5% over 2 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2024→2025), 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 -0.0%, 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 $1,204,869. 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 3% of market value ($1,771,041 land vs $52,928,959 improvements), about $2/SF of land. Most value sits in the improvements, so building condition, age (~22 yrs), and rent roll drive the underwriting.
Submarket Position: At $54,700,000, 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 +23.4% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $167,664,983 by 2031, with an estimated annual tax burden around $1,766,021. 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.
12 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 418,900 SF | ✗ |
| 1ST | 1st Floor | 371,200 SF | ✓ |
| 491 | SPRINKLER HEADS | 371,200 SF | ✗ |
| 093 | HVAC COMMRCL SF | 169,723 SF | ✗ |
| 881 | COMMCL FINISHOUT | 33,985 SF | ✓ |
| 611 | TERRACE | 3,426 SF | ✗ |
| 501 | CANOPY | 2,180 SF | ✗ |
| 328 | MEZZ COMM (STG) | 1,207 SF | ✓ |
| 408 | LOADING RAMP | 480 SF | ✓ |
| 541 | FENCE COMM LF | 265 SF | ✗ |
| 482 | LIGHT POLES | 13 SF | ✓ |
| 413 | STAIRWAY EXT | 12 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% | $591,525.80 | $591,525.80 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $286,637.30 | $286,637.30 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $205,587.22 | $205,587.22 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $64,558.58 | $64,558.58 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $56,559.80 | $56,559.80 | Paid |
| Combined Rate | 2.4670% | 2.3303% | 2.0358% | 2.1127% | 2.2027% | +0.0900% | $1,204,868.70 | $1,204,868.70 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IMA Manor ISD | 1.0814% | $591,525.80 | 49.1% |
| CAT City of Austin | 0.5240% | $286,637.30 | 23.8% |
| TCO Travis County | 0.3758% | $205,587.22 | 17.1% |
| THD Travis Central Health | 0.1180% | $64,558.58 | 5.4% |
| ACT Austin Community College | 0.1034% | $56,559.80 | 4.7% |
| Total | 2.2027% | $1,204,868.70 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $58,567,000 | $54,700,000 | +7.1% |
| Assessed Value | $58,567,000 | $54,700,000 | +7.1% |
| Land Value | $1,771,041 | $1,771,041 | +0.0% |
| Improvement Value | $56,795,959 | $52,928,959 | +7.3% |
| Taxable Value | $58,567,000 | $54,700,000 | +7.1% |
| Total Tax 2026 = estimate |
~$1,290,047
Estimated
|
~$1,204,869
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $58,567,000 | $1,771,041 | $56,795,959 | — | $58,567,000 | $58,567,000 | Not yet — post-cert | Preliminary |
| 2025 | $54,700,000 | $1,771,041 | $52,928,959 | — | $54,700,000 | $54,700,000 | ~$1,204,869 | Partial |
| 2024 | $25,600,000 | $1,030,553 | $24,569,447 | — | $25,600,000 | $25,600,000 | $524,113 | Verified |
| 2023 | $31,158,701 | $1,030,553 | $30,128,148 | — | $31,158,701 | $31,158,701 | $558,910 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +7.1% | +7.1% | ~100% | Not available | Partial |
| 2025 | +113.7% ! | +113.7% | ~100% | Not available | Partial |
| 2024 | -17.8% | -17.8% | ~100% | No billing data | Verified |
| 2023 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +75.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +7.1% | +34.3% | +23.4% | +113.7% | 2025 | -17.8% | 2024 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2023 | 100.0% | 2023 |
| 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 |
$1,204,869 | $762,630 | ~$1,566,896 | $1,204,869 | 2025 | $524,113 | 2024 |
Market value changed by 114% 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 | ~$72,278,787 | ~$64,423,700 | ~2.1366% | ~$1,376,484 | +23.4% |
| 2028 | ~$89,200,797 | ~$70,866,070 | ~2.0705% | ~$1,467,309 | +52.3% |
| 2029 | ~$110,084,611 | ~$77,952,677 | ~2.0045% | ~$1,562,534 | +88.0% |
| 2030 | ~$135,857,773 | ~$85,747,945 | ~1.9384% | ~$1,662,130 | +132.0% |
| 2031 | ~$167,664,983 | ~$94,322,739 | ~1.8723% | ~$1,766,021 | +186.3% |
| 2027 | ~$71,107,447 | ~$64,423,700 | ~2.2027% | ~$1,419,051 | +21.4% |
| 2028 | ~$86,333,072 | ~$70,866,070 | ~2.2027% | ~$1,560,956 | +47.4% |
| 2029 | ~$104,818,830 | ~$77,952,677 | ~2.2027% | ~$1,717,052 | +79.0% |
| 2030 | ~$127,262,783 | ~$85,747,945 | ~2.2027% | ~$1,888,757 | +117.3% |
| 2031 | ~$154,512,466 | ~$94,322,739 | ~2.2027% | ~$2,077,633 | +163.8% |
| 2027 | ~$73,450,127 | ~$64,423,700 | ~2.1036% | ~$1,355,201 | +25.4% |
| 2028 | ~$92,115,375 | ~$70,866,070 | ~2.0045% | ~$1,420,485 | +57.3% |
| 2029 | ~$115,523,862 | ~$77,952,677 | ~1.9054% | ~$1,485,275 | +97.3% |
| 2030 | ~$144,880,946 | ~$85,747,945 | ~1.8062% | ~$1,548,817 | +147.4% |
| 2031 | ~$181,698,293 | ~$94,322,739 | ~1.7071% | ~$1,610,215 | +210.2% |
In 2025, this property's market value of $54,700,000 places it in the top 25% for Commercial properties in Travis County (13595 comparable) — 40× 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 | $54,700,000 | $632,506 | $1,382,921 | $3,258,143 | ↑ Top 25% | -0.8% |
| 2024 | $25,600,000 | $647,500 | $1,401,787 | $3,362,090 | ↑ Top 25% | +0.0% |
| 2023 | $31,158,701 | $651,680 | $1,383,015 | $3,277,245 | ↑ Top 25% | +9.7% |
| 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 | — |