11112 GEORGIAN DR AUSTIN, TX 78753
| Owner | VNA INVESTMENTS INC |
|---|---|
| Parcel ID | 0247210703 |
| Short ID | 254507 |
| Type | Real |
| Use Code | 83 Service / Repair Garage |
| Valuation | Income |
| Improvement SF | 3,256 SF |
| Land SF | 38,000 SF |
| Acres | 0.872 |
| Year Built | 2000 |
| Legal | LOT 1 FLORES SUBD |
| Neighborhood | 83NOR |
| Land | $760,000 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $760,000 |
| Improvement | $52,000 |
|---|---|
| Total Improvement | $52,000 |
| Market | $812,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $812,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $812,000 |
| Taxable Value | $812,000 |
|---|
Appreciation: Market value has risen +60.6% from $505,483 (2021) to $812,000 (2025), a CAGR of 12.6% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2022→2023), 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 rose +17.8%, so this parcel has outpaced the broader commercial 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 $16,617. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Asset Class: Commercial. No homestead exemptions apply — full market value is taxable. 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 94% of market value ($760,000 land vs $52,000 improvements), about $20/SF of land. With value concentrated in the land, this reads as a land-dominated asset — the classic higher-and-best-use / redevelopment signal. Underwrite the dirt, not the building.
Submarket Position: At $812,000, this parcel sits in the lower-middle (25th–50th 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 +15.0% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $2,052,523 by 2031, with an estimated annual tax burden around $29,561. 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.
4 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 3,256 SF | ✓ |
| 551 | PAVED AREA | 1,350 SF | ✗ |
| 011C | PORCH OPEN 1ST COMM | 264 SF | ✗ |
| 061C | CARPORT ATT 1ST COMM | 240 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% | $7,512.62 | $7,512.62 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $4,255.02 | $4,255.02 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,051.86 | $3,051.86 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $958.35 | $958.35 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $839.61 | $839.61 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $16,617.46 | $16,617.46 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $7,512.62 | 45.2% |
| CAT City of Austin | 0.5240% | $4,255.02 | 25.6% |
| TCO Travis County | 0.3758% | $3,051.86 | 18.4% |
| THD Travis Central Health | 0.1180% | $958.35 | 5.8% |
| ACT Austin Community College | 0.1034% | $839.61 | 5.1% |
| Total | 2.0465% | $16,617.46 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,018,585 | $812,000 | +25.4% |
| Assessed Value | $974,400 | $812,000 | +20.0% |
| Land Value | $760,000 | $760,000 | +0.0% |
| Improvement Value | $258,585 | $52,000 | +397.3% |
| Taxable Value | $974,400 | $812,000 | +20.0% |
| HS Cap Loss | -$44,185 | — | |
| Total Tax 2026 = estimate |
~$19,941
Estimated
|
~$16,617
Partial
|
ⓘ |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $1,018,585 | $760,000 | $258,585 | −$44,185 | $974,400 | $974,400 | Not yet — post-cert | Preliminary |
| 2025 | $812,000 | $760,000 | $52,000 | — | $812,000 | $812,000 | ~$16,617 | Partial |
| 2024 | $885,400 | $760,000 | $125,400 | — | $885,400 | $885,400 | $17,547 | Verified |
| 2023 | $885,400 | $760,000 | $125,400 | — | $885,400 | $885,400 | $16,019 | Verified |
| 2022 | $505,483 | $380,000 | $125,483 | — | $505,483 | $505,483 | $9,983 | Verified |
| 2021 | $505,483 | $380,000 | $125,483 | — | $505,483 | $505,483 | $11,003 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +25.4% | +20.0% | 95.7% | Not available | Partial |
| 2025 | -8.3% | -8.3% | ~100% | Not available | Partial |
| 2024 | +0.0% | +0.0% | ~100% | No billing data | Verified |
| 2023 | +75.2% ! | +75.2% | ~100% | No billing data | Verified |
| 2022 | +0.0% | +0.0% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +60.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +25.4% | +18.5% | +15.0% | +75.2% | 2023 | -8.3% | 2025 |
| Assessment Ratio | 95.7% | 99.3% | — | 100.0% | 2021 | 95.7% | 2026 |
| Effective Tax Rate (2025) | 2.0500% | 2.0500% | — | 2.0500% | 2025 | 2.0500% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$16,617 | $14,234 | ~$25,424 | $17,547 | 2024 | $9,983 | 2022 |
Market value changed by 75% in 2023, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$1,171,805 | ~$1,071,840 | ~2.0139% | ~$21,586 | +15.0% |
| 2028 | ~$1,348,073 | ~$1,179,024 | ~1.9814% | ~$23,361 | +32.3% |
| 2029 | ~$1,550,857 | ~$1,296,926 | ~1.9488% | ~$25,275 | +52.3% |
| 2030 | ~$1,784,144 | ~$1,426,619 | ~1.9163% | ~$27,338 | +75.2% |
| 2031 | ~$2,052,523 | ~$1,569,281 | ~1.8837% | ~$29,561 | +101.5% |
| 2027 | ~$1,151,433 | ~$1,071,840 | ~2.0465% | ~$21,935 | +13.0% |
| 2028 | ~$1,301,609 | ~$1,179,024 | ~2.0465% | ~$24,129 | +27.8% |
| 2029 | ~$1,471,370 | ~$1,296,926 | ~2.0465% | ~$26,541 | +44.5% |
| 2030 | ~$1,663,273 | ~$1,426,619 | ~2.0465% | ~$29,196 | +63.3% |
| 2031 | ~$1,880,205 | ~$1,569,281 | ~2.0465% | ~$32,115 | +84.6% |
| 2027 | ~$1,192,177 | ~$1,071,840 | ~1.9977% | ~$21,412 | +17.0% |
| 2028 | ~$1,395,353 | ~$1,179,024 | ~1.9488% | ~$22,977 | +37.0% |
| 2029 | ~$1,633,156 | ~$1,296,926 | ~1.9000% | ~$24,642 | +60.3% |
| 2030 | ~$1,911,485 | ~$1,426,619 | ~1.8512% | ~$26,409 | +87.7% |
| 2031 | ~$2,237,249 | ~$1,569,281 | ~1.8024% | ~$28,284 | +119.6% |
In 2025, this property's market value of $812,000 places it in the 25th–50th percentile for Commercial properties in Travis County (13595 comparable) — -41% below 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 | $812,000 | $632,506 | $1,382,921 | $3,258,143 | ↓ Below median | -0.8% |
| 2024 | $885,400 | $647,500 | $1,401,787 | $3,362,090 | ↓ Below median | +0.0% |
| 2023 | $885,400 | $651,680 | $1,383,015 | $3,277,245 | ↓ Below median | +9.7% |
| 2022 | $505,483 | $535,964 | $1,190,250 | $2,842,216 | ↓ Bottom 25% | +3.3% |
| 2021 | $505,483 | $538,645 | $1,173,514 | $2,782,974 | ↓ Bottom 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 | — |