2515 BROCKTON DR TX 78758
| Owner | BRE JUPITER B ICON TX OWNER LP |
|---|---|
| Parcel ID | 0254080301 |
| Short ID | 548008 |
| Type | Real |
| Use Code | 60 Industrial 20K+ SF (<25% FO) |
| Valuation | Cost |
| Improvement SF | 66,284 SF |
| Land SF | 176,418 SF |
| Acres | 4.050 |
| Year Built | 1993 |
| Legal | LOT B LONGHORN BUSINESS PARK NO 2A AMENDED PLAT OF |
| Neighborhood | 60NOR |
| Land | $11,467,170 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $11,467,170 |
| Improvement | $732,830 |
|---|---|
| Total Improvement | $732,830 |
| Market | $12,200,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $12,200,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $12,200,000 |
| Taxable Value | $12,200,000 |
|---|
Appreciation: Market value has risen +29.9% from $9,392,351 (2021) to $12,200,000 (2025), a CAGR of 6.8% 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 $249,671. 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 94% of market value ($11,467,170 land vs $732,830 improvements), about $65/SF of land. With value concentrated in the land under a ~33-year-old structure, this reads as a land-dominated asset — the classic higher-and-best-use / redevelopment signal. Underwrite the dirt, not the building.
Submarket Position: At $12,200,000, 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 +3.7% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $13,539,819 by 2031, with an estimated annual tax burden around $255,055. 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.
8 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 69,000 SF | ✗ |
| 1ST | 1st Floor | 66,284 SF | ✓ |
| 491 | SPRINKLER HEADS | 66,284 SF | ✗ |
| 093 | HVAC COMMRCL SF | 23,706 SF | ✗ |
| 881 | COMMCL FINISHOUT | 6,326 SF | ✓ |
| 408 | LOADING RAMP | 2,235 SF | ✓ |
| 501 | CANOPY | 1,017 SF | ✗ |
| 413 | STAIRWAY EXT | 1 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% | $112,874.40 | $112,874.40 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $63,930.07 | $63,930.07 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $45,853.09 | $45,853.09 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $14,398.81 | $14,398.81 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $12,614.80 | $12,614.80 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $249,671.17 | $249,671.17 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $112,874.40 | 45.2% |
| CAT City of Austin | 0.5240% | $63,930.07 | 25.6% |
| TCO Travis County | 0.3758% | $45,853.09 | 18.4% |
| THD Travis Central Health | 0.1180% | $14,398.81 | 5.8% |
| ACT Austin Community College | 0.1034% | $12,614.80 | 5.1% |
| Total | 2.0465% | $249,671.17 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $11,277,000 | $12,200,000 | -7.6% |
| Assessed Value | $11,277,000 | $12,200,000 | -7.6% |
| Land Value | $11,467,170 | $11,467,170 | +0.0% |
| Improvement Value | — | $732,830 | — |
| Taxable Value | $11,277,000 | $12,200,000 | -7.6% |
| Total Tax 2026 = estimate |
~$230,782
Estimated
|
~$249,671
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $11,277,000 | $11,467,170 | — | — | $11,277,000 | $11,277,000 | Not yet — post-cert | Preliminary |
| 2025 | $12,200,000 | $11,467,170 | $732,830 | — | $12,200,000 | $12,200,000 | ~$249,671 | Partial |
| 2024 | $13,587,281 | $11,467,170 | $2,120,111 | — | $13,587,281 | $13,587,281 | $236,700 | Verified |
| 2023 | $11,972,200 | $11,467,170 | $505,030 | — | $11,972,200 | $11,972,200 | $199,976 | Verified |
| 2022 | $9,956,337 | $3,528,360 | $6,427,977 | — | $9,956,337 | $9,956,337 | $175,310 | Verified |
| 2021 | $9,392,351 | $3,528,360 | $5,863,991 | — | $9,392,351 | $9,392,351 | $178,701 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -7.6% | -7.6% | ~100% | Not available | Partial |
| 2025 | -10.2% | -10.2% | ~100% | Not available | Partial |
| 2024 | +13.5% | +13.5% | ~100% | No billing data | Verified |
| 2023 | +20.2% | +20.2% | ~100% | No billing data | Verified |
| 2022 | +6.0% | +6.0% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +29.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -7.6% | +4.4% | +3.7% | +20.2% | 2023 | -10.2% | 2025 |
| 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 |
$249,671 | $208,072 | ~$245,285 | $249,671 | 2025 | $175,310 | 2022 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$11,697,079 | ~$11,697,079 | ~2.0139% | ~$235,572 | +3.7% |
| 2028 | ~$12,132,807 | ~$12,132,807 | ~1.9814% | ~$240,398 | +7.6% |
| 2029 | ~$12,584,766 | ~$12,584,766 | ~1.9488% | ~$245,257 | +11.6% |
| 2030 | ~$13,053,561 | ~$13,053,561 | ~1.9163% | ~$250,144 | +15.8% |
| 2031 | ~$13,539,819 | ~$13,539,819 | ~1.8837% | ~$255,055 | +20.1% |
| 2027 | ~$11,471,539 | ~$11,471,539 | ~2.0465% | ~$234,763 | +1.7% |
| 2028 | ~$11,669,435 | ~$11,669,435 | ~2.0465% | ~$238,813 | +3.5% |
| 2029 | ~$11,870,744 | ~$11,870,744 | ~2.0465% | ~$242,933 | +5.3% |
| 2030 | ~$12,075,526 | ~$12,075,526 | ~2.0465% | ~$247,124 | +7.1% |
| 2031 | ~$12,283,840 | ~$12,283,840 | ~2.0465% | ~$251,387 | +8.9% |
| 2027 | ~$11,922,619 | ~$11,922,619 | ~1.9977% | ~$238,174 | +5.7% |
| 2028 | ~$12,605,201 | ~$12,605,201 | ~1.9488% | ~$245,655 | +11.8% |
| 2029 | ~$13,326,861 | ~$13,326,861 | ~1.9000% | ~$253,213 | +18.2% |
| 2030 | ~$14,089,837 | ~$14,089,837 | ~1.8512% | ~$260,830 | +24.9% |
| 2031 | ~$14,896,494 | ~$14,896,494 | ~1.8024% | ~$268,490 | +32.1% |
In 2025, this property's market value of $12,200,000 places it in the top 25% for Commercial properties in Travis County (13595 comparable) — 9× 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 | $12,200,000 | $632,506 | $1,382,921 | $3,258,143 | ↑ Top 25% | -0.8% |
| 2024 | $13,587,281 | $647,500 | $1,401,787 | $3,362,090 | ↑ Top 25% | +0.0% |
| 2023 | $11,972,200 | $651,680 | $1,383,015 | $3,277,245 | ↑ Top 25% | +9.7% |
| 2022 | $9,956,337 | $535,964 | $1,190,250 | $2,842,216 | ↑ Top 25% | +3.3% |
| 2021 | $9,392,351 | $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 | — |