9610 NEILS THOMPSON DR TX 78758
| Owner | BRE JUPITER C2 ICON TX OWNER LP |
|---|---|
| Parcel ID | 0249060401 |
| Short ID | 255889 |
| Type | Real |
| Use Code | 60 Industrial 20K+ SF (<25% FO) |
| Valuation | Cost |
| Improvement SF | 57,600 SF |
| Land SF | 138,574 SF |
| Acres | 3.181 |
| Year Built | 1974 |
| Legal | LOT 5 BLK G INDUSTRIAL TERRACE SEC 4 |
| Neighborhood | 60NOR |
| Land | $1,385,740 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,385,740 |
| Improvement | $9,064,260 |
|---|---|
| Total Improvement | $9,064,260 |
| Market | $10,450,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $10,450,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $10,450,000 |
| Taxable Value | $10,450,000 |
|---|
Appreciation: Market value has risen +26.2% from $8,282,182 (2021) to $10,450,000 (2025), a CAGR of 6.0% over 4 years. This represents moderate, steady growth. 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 $213,858. 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 cost approach, tied more to replacement cost and physical condition than to income performance.
Value Composition: Land carries 13% of market value ($1,385,740 land vs $9,064,260 improvements), about $10/SF of land. Most value sits in the improvements, so building condition, age (~52 yrs), and rent roll drive the underwriting.
Submarket Position: At $10,450,000, 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 +4.9% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $13,311,709 by 2031, with an estimated annual tax burden around $250,758. 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 | 57,600 SF | ✓ |
| 551 | PAVED AREA | 37,500 SF | ✗ |
| 881 | COMMCL FINISHOUT | 4,628 SF | ✓ |
| 408 | LOADING RAMP | 1,530 SF | ✓ |
| 611 | TERRACE | 520 SF | ✗ |
| 541 | FENCE COMM LF | 150 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% | $96,683.40 | $96,683.40 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $54,759.78 | $54,759.78 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $39,275.80 | $39,275.80 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $12,333.40 | $12,333.40 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $10,805.30 | $10,805.30 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $213,857.68 | $213,857.68 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $96,683.40 | 45.2% |
| CAT City of Austin | 0.5240% | $54,759.78 | 25.6% |
| TCO Travis County | 0.3758% | $39,275.80 | 18.4% |
| THD Travis Central Health | 0.1180% | $12,333.40 | 5.8% |
| ACT Austin Community College | 0.1034% | $10,805.30 | 5.1% |
| Total | 2.0465% | $213,857.68 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $10,500,000 | $10,450,000 | +0.5% |
| Assessed Value | $10,500,000 | $10,450,000 | +0.5% |
| Land Value | $1,385,740 | $1,385,740 | +0.0% |
| Improvement Value | $9,114,260 | $9,064,260 | +0.6% |
| Taxable Value | $10,500,000 | $10,450,000 | +0.5% |
| Total Tax 2026 = estimate |
~$214,881
Estimated
|
~$213,858
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $10,500,000 | $1,385,740 | $9,114,260 | — | $10,500,000 | $10,500,000 | Not yet — post-cert | Preliminary |
| 2025 | $10,450,000 | $1,385,740 | $9,064,260 | — | $10,450,000 | $10,450,000 | ~$213,858 | Partial |
| 2024 | $9,918,045 | $1,385,740 | $8,532,305 | — | $9,918,045 | $9,918,045 | $172,779 | Verified |
| 2023 | $9,414,432 | $1,385,740 | $8,028,692 | — | $9,414,432 | $9,414,432 | $157,818 | Verified |
| 2022 | $8,100,000 | $1,385,740 | $6,714,260 | — | $8,100,000 | $8,100,000 | $156,967 | Verified |
| 2021 | $8,282,182 | $1,385,740 | $6,896,442 | — | $8,282,182 | $8,282,182 | $145,921 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.5% | +0.5% | ~100% | Not available | Partial |
| 2025 | +5.4% | +5.4% | ~100% | Not available | Partial |
| 2024 | +5.3% | +5.3% | ~100% | No billing data | Verified |
| 2023 | +16.2% | +16.2% | ~100% | No billing data | Verified |
| 2022 | -2.2% | -2.2% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +26.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.5% | +5.0% | +4.9% | +16.2% | 2023 | -2.2% | 2022 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2021 | 100.0% | 2021 |
| 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 |
$213,858 | $169,469 | ~$236,092 | $213,858 | 2025 | $145,921 | 2021 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$11,010,276 | ~$11,010,276 | ~2.0139% | ~$221,740 | +4.9% |
| 2028 | ~$11,545,350 | ~$11,545,350 | ~1.9814% | ~$228,758 | +10.0% |
| 2029 | ~$12,106,428 | ~$12,106,428 | ~1.9488% | ~$235,935 | +15.3% |
| 2030 | ~$12,694,773 | ~$12,694,773 | ~1.9163% | ~$243,269 | +20.9% |
| 2031 | ~$13,311,709 | ~$13,311,709 | ~1.8837% | ~$250,758 | +26.8% |
| 2027 | ~$10,800,276 | ~$10,800,276 | ~2.0465% | ~$221,026 | +2.9% |
| 2028 | ~$11,109,139 | ~$11,109,139 | ~2.0465% | ~$227,347 | +5.8% |
| 2029 | ~$11,426,835 | ~$11,426,835 | ~2.0465% | ~$233,848 | +8.8% |
| 2030 | ~$11,753,616 | ~$11,753,616 | ~2.0465% | ~$240,536 | +11.9% |
| 2031 | ~$12,089,743 | ~$12,089,743 | ~2.0465% | ~$247,415 | +15.1% |
| 2027 | ~$11,220,276 | ~$11,220,276 | ~1.9977% | ~$224,143 | +6.9% |
| 2028 | ~$11,989,961 | ~$11,989,961 | ~1.9488% | ~$233,665 | +14.2% |
| 2029 | ~$12,812,445 | ~$12,812,445 | ~1.9000% | ~$243,439 | +22.0% |
| 2030 | ~$13,691,350 | ~$13,691,350 | ~1.8512% | ~$253,453 | +30.4% |
| 2031 | ~$14,630,545 | ~$14,630,545 | ~1.8024% | ~$263,697 | +39.3% |
In 2025, this property's market value of $10,450,000 places it in the top 25% for Commercial properties in Travis County (13595 comparable) — 8× 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 | $10,450,000 | $632,506 | $1,382,921 | $3,258,143 | ↑ Top 25% | -0.8% |
| 2024 | $9,918,045 | $647,500 | $1,401,787 | $3,362,090 | ↑ Top 25% | +0.0% |
| 2023 | $9,414,432 | $651,680 | $1,383,015 | $3,277,245 | ↑ Top 25% | +9.7% |
| 2022 | $8,100,000 | $535,964 | $1,190,250 | $2,842,216 | ↑ Top 25% | +3.3% |
| 2021 | $8,282,182 | $538,645 | $1,173,514 | $2,782,974 | ↑ 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 | — |