104 REX KERWIN CT TX 78660
| Owner | 104 REX KERWIN COURT LLC |
|---|---|
| Parcel ID | 0272380339 |
| Short ID | 779188 |
| Type | Real |
| Use Code | 76SN (unlisted) |
| Valuation | Income |
| Improvement SF | 38,576 SF |
| Land SF | 202,990 SF |
| Acres | 4.660 |
| Year Built | 2009 |
| Legal | LOT 1 BLK A KUEMPEL TRACT PHS 1 SEC 1 |
| Neighborhood | 76SN |
| Land | $862,706 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $862,706 |
| Improvement | $6,334,822 |
|---|---|
| Total Improvement | $6,334,822 |
| Market | $7,197,528 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $7,197,528 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $7,197,528 |
| Taxable Value | $7,197,528 |
|---|
Appreciation: Market value has risen +44.0% from $5,000,000 (2021) to $7,197,528 (2025), a CAGR of 9.5% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2025→2026), 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.
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 12% of market value ($862,706 land vs $6,334,822 improvements), about $4/SF of land. Most value sits in the improvements, so building condition, age (~17 yrs), and rent roll drive the underwriting.
Submarket Position: At $7,197,528, 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 +15.4% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $20,934,803 by 2031, with an estimated annual tax burden around $0. 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 |
|---|---|---|---|
| 551 | PAVED AREA | 60,000 SF | ✗ |
| 1ST | 1st Floor | 38,576 SF | ✓ |
| 491 | SPRINKLER HEADS | 38,576 SF | ✗ |
| 501 | CANOPY | 784 SF | ✗ |
| 571C | STORAGE DET COMM | 600 SF | ✓ |
| 482 | LIGHT POLES | 1 SF | ✓ |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $10,231,032 | $7,197,528 | +42.1% |
| Assessed Value | $10,231,032 | $7,197,528 | +42.1% |
| Land Value | $862,706 | $862,706 | +0.0% |
| Improvement Value | $9,368,326 | $6,334,822 | +47.9% |
| Taxable Value | — | — | — |
| Exemptions | — | E | |
| Total Tax | Pending certification | — | |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $10,231,032 | $862,706 | $9,368,326 | — | $10,231,032 | $— | Not yet — post-cert | Preliminary |
| 2025 | $7,197,528 | $862,706 | $6,334,822 | — | $7,197,528 | $— | not in county billing file Why? | Partial |
| 2024 | $7,131,637 | $862,706 | $6,268,931 | — | $7,131,637 | $— | not in county billing file Why? | Partial |
| 2023 | $6,299,000 | $862,706 | $5,436,294 | — | $6,299,000 | $6,299,000 | $4,869 | Verified |
| 2022 | $5,400,000 | $862,706 | $4,537,294 | — | $5,400,000 | $5,400,000 | $121,112 | Verified |
| 2021 | $5,000,000 | $862,706 | $4,137,294 | — | $5,000,000 | $5,000,000 | $121,674 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +42.1% | +42.1% | ~100% | Not available | Partial |
| 2025 | +0.9% | +0.9% | ~100% | Not available | Partial |
| 2024 | +13.2% | +13.2% | ~100% | No billing data | Verified |
| 2023 | +16.6% | +16.6% | ~100% | No billing data | Verified |
| 2022 | +8.0% | +8.0% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +44.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +42.1% | +16.2% | +15.4% | +42.1% | 2026 | +0.9% | 2025 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2021 | 100.0% | 2021 |
|
Effective Tax Rate (2025)
⚑ Billing data available for 2025 only |
— | — | — | — | — | — | — |
| Tax Amount | $4,869 | $82,552 | — | $121,674 | 2021 | $4,869 | 2023 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$11,806,178 | ~$11,254,135 | ~0.0000% | ~$0 | +15.4% |
| 2028 | ~$13,623,830 | ~$12,379,549 | ~0.0000% | ~$0 | +33.2% |
| 2029 | ~$15,721,324 | ~$13,617,504 | ~0.0000% | ~$0 | +53.7% |
| 2030 | ~$18,141,742 | ~$14,979,254 | ~0.0000% | ~$0 | +77.3% |
| 2031 | ~$20,934,803 | ~$16,477,179 | ~0.0000% | ~$0 | +104.6% |
| 2027 | ~$11,601,557 | ~$11,254,135 | ~0.0000% | ~$0 | +13.4% |
| 2028 | ~$13,155,675 | ~$12,379,549 | ~0.0000% | ~$0 | +28.6% |
| 2029 | ~$14,917,979 | ~$13,617,504 | ~0.0000% | ~$0 | +45.8% |
| 2030 | ~$16,916,357 | ~$14,979,254 | ~0.0000% | ~$0 | +65.3% |
| 2031 | ~$19,182,434 | ~$16,477,179 | ~0.0000% | ~$0 | +87.5% |
| 2027 | ~$12,010,799 | ~$11,254,135 | ~0.0000% | ~$0 | +17.4% |
| 2028 | ~$14,100,170 | ~$12,379,549 | ~0.0000% | ~$0 | +37.8% |
| 2029 | ~$16,553,003 | ~$13,617,504 | ~0.0000% | ~$0 | +61.8% |
| 2030 | ~$19,432,525 | ~$14,979,254 | ~0.0000% | ~$0 | +89.9% |
| 2031 | ~$22,812,962 | ~$16,477,179 | ~0.0000% | ~$0 | +123.0% |
In 2025, this property's market value of $7,197,528 places it in the top 25% for Commercial properties in Travis County (13595 comparable) — 5× 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 | $7,197,528 | $632,506 | $1,382,921 | $3,258,143 | ↑ Top 25% | -0.8% |
| 2024 | $7,131,637 | $647,500 | $1,401,787 | $3,362,090 | ↑ Top 25% | +0.0% |
| 2023 | $6,299,000 | $651,680 | $1,383,015 | $3,277,245 | ↑ Top 25% | +9.7% |
| 2022 | $5,400,000 | $535,964 | $1,190,250 | $2,842,216 | ↑ Top 25% | +3.3% |
| 2021 | $5,000,000 | $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 |
| 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 | — |