2400 GRAND AVENUE PKWY TX 78728
| Owner | BRE JUPITER B ICON TX OWNER LP |
|---|---|
| Parcel ID | 0276230605 |
| Short ID | 549790 |
| Type | Real |
| Use Code | 60 Industrial 20K+ SF (<25% FO) |
| Valuation | Cost |
| Improvement SF | 126,000 SF |
| Land SF | 373,353 SF |
| Acres | 8.571 |
| Year Built | 1999 |
| Legal | LOT 1 VISTA BUSINESS PARK SEC I AMENDED PLAT LOTS 2-5 BLK C & LOTS 1&6 BLK C VISTA BUSINESS PARK II |
| Neighborhood | 60FNOR |
| Land | $1,120,059 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,120,059 |
| Improvement | $21,479,941 |
|---|---|
| Total Improvement | $21,479,941 |
| Market | $22,600,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $22,600,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $22,600,000 |
| Taxable Value | $22,600,000 |
|---|
Appreciation: Market value has risen +20.9% from $18,700,255 (2021) to $22,600,000 (2025), a CAGR of 4.8% over 4 years. This represents moderate, steady growth. Most of this growth came in a single year (2021→2022), 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 6 taxing entities is 1.6136% in 2025 (+0.0359% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $364,681. Round Rock ISD is the largest single contributor, at 55.3% 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 5% of market value ($1,120,059 land vs $21,479,941 improvements), about $3/SF of land. Most value sits in the improvements, so building condition, age (~27 yrs), and rent roll drive the underwriting.
Submarket Position: At $22,600,000, 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 $26,831,720 by 2031, with an estimated annual tax burden around $356,178. 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 | 152,550 SF | ✗ |
| 1ST | 1st Floor | 126,000 SF | ✓ |
| 491 | SPRINKLER HEADS | 126,000 SF | ✗ |
| 093 | HVAC COMMRCL SF | 70,853 SF | ✗ |
| 881 | COMMCL FINISHOUT | 32,171 SF | ✓ |
| 408 | LOADING RAMP | 770 SF | ✓ |
| 501 | CANOPY | 768 SF | ✗ |
| 413 | STAIRWAY EXT | 2 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 |
|---|---|---|---|---|---|---|---|---|---|
| IRR Round Rock ISD | 1.1336% | 1.0626% | 0.9190% | 0.8931% | 0.8931% | +0.0000% | $185,693.35 | $185,693.35 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $78,145.69 | $78,145.69 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $24,539.34 | $24,539.34 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $21,498.93 | $21,498.93 | Paid |
| E02 Travis County ESD # 02 | 0.0900% | 0.0800% | 0.0773% | 0.0939% | 0.0928% | -0.0011% | $19,287.70 | $19,287.70 | Paid |
| E17 Travis County ESD #17 | 0.0450% | 0.0245% | 0.0230% | 0.0370% | 0.0305% | -0.0065% | $6,341.56 | $6,341.56 | Paid |
| Combined Rate | 1.8426% | 1.6827% | 1.5232% | 1.5777% | 1.6136% | +0.0359% | $335,506.57 | $335,506.57 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IRR Round Rock ISD | 0.8931% | $185,693.35 | 55.3% |
| TCO Travis County | 0.3758% | $78,145.69 | 23.3% |
| THD Travis Central Health | 0.1180% | $24,539.34 | 7.3% |
| ACT Austin Community College | 0.1034% | $21,498.93 | 6.4% |
| E02 Travis County ESD # 02 | 0.0928% | $19,287.70 | 5.7% |
| E17 Travis County ESD #17 | 0.0305% | $6,341.56 | 1.9% |
| Total | 1.6136% | $335,506.57 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $22,400,000 | $22,600,000 | -0.9% |
| Assessed Value | $22,400,000 | $22,600,000 | -0.9% |
| Land Value | $1,120,059 | $1,120,059 | +0.0% |
| Improvement Value | $21,279,941 | $21,479,941 | -0.9% |
| Taxable Value | $22,400,000 | $22,600,000 | -0.9% |
| Total Tax 2026 = estimate |
~$361,454
Estimated
|
~$335,507
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $22,400,000 | $1,120,059 | $21,279,941 | — | $22,400,000 | $22,400,000 | Not yet — post-cert | Preliminary |
| 2025 | $22,600,000 | $1,120,059 | $21,479,941 | — | $22,600,000 | $22,600,000 | ~$335,507 | Partial |
| 2024 | $21,981,000 | $1,120,059 | $20,860,941 | — | $21,981,000 | $21,981,000 | $315,084 | Verified |
| 2023 | $21,830,553 | $1,120,059 | $20,710,494 | — | $21,830,553 | $21,830,553 | $295,220 | Verified |
| 2022 | $21,225,000 | $1,120,059 | $20,104,941 | — | $21,225,000 | $21,225,000 | $297,457 | Verified |
| 2021 | $18,700,255 | $1,120,059 | $17,580,196 | — | $18,700,255 | $18,700,255 | $290,233 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -0.9% | -0.9% | ~100% | Not available | Partial |
| 2025 | +2.8% | +2.8% | ~100% | Not available | Partial |
| 2024 | +0.7% | +0.7% | ~100% | No billing data | Verified |
| 2023 | +2.9% | +2.9% | ~100% | No billing data | Verified |
| 2022 | +13.5% | +13.5% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +20.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -0.9% | +3.8% | +3.7% | +13.5% | 2022 | -0.9% | 2026 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2021 | 100.0% | 2021 |
| Effective Tax Rate (2025) | 1.4800% | 1.4800% | — | 1.4800% | 2025 | 1.4800% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$335,507 | $306,700 | ~$359,377 | $335,507 | 2025 | $290,233 | 2021 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$23,223,524 | ~$23,223,524 | ~1.5564% | ~$361,450 | +3.7% |
| 2028 | ~$24,077,324 | ~$24,077,324 | ~1.4992% | ~$360,958 | +7.5% |
| 2029 | ~$24,962,513 | ~$24,962,513 | ~1.4419% | ~$359,940 | +11.4% |
| 2030 | ~$25,880,247 | ~$25,880,247 | ~1.3847% | ~$358,360 | +15.5% |
| 2031 | ~$26,831,720 | ~$26,831,720 | ~1.3275% | ~$356,178 | +19.8% |
| 2027 | ~$22,775,524 | ~$22,775,524 | ~1.6136% | ~$367,513 | +1.7% |
| 2028 | ~$23,157,343 | ~$23,157,343 | ~1.6136% | ~$373,675 | +3.4% |
| 2029 | ~$23,545,563 | ~$23,545,563 | ~1.6136% | ~$379,939 | +5.1% |
| 2030 | ~$23,940,292 | ~$23,940,292 | ~1.6136% | ~$386,308 | +6.9% |
| 2031 | ~$24,341,637 | ~$24,341,637 | ~1.6136% | ~$392,785 | +8.7% |
| 2027 | ~$23,671,524 | ~$23,671,524 | ~1.5278% | ~$361,648 | +5.7% |
| 2028 | ~$25,015,225 | ~$25,015,225 | ~1.4419% | ~$360,700 | +11.7% |
| 2029 | ~$26,435,200 | ~$26,435,200 | ~1.3561% | ~$358,479 | +18.0% |
| 2030 | ~$27,935,780 | ~$27,935,780 | ~1.2702% | ~$354,844 | +24.7% |
| 2031 | ~$29,521,539 | ~$29,521,539 | ~1.1844% | ~$349,641 | +31.8% |
In 2025, this property's market value of $22,600,000 places it in the top 25% for Commercial properties in Travis County (13595 comparable) — 16× 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 | $22,600,000 | $632,506 | $1,382,921 | $3,258,143 | ↑ Top 25% | -0.8% |
| 2024 | $21,981,000 | $647,500 | $1,401,787 | $3,362,090 | ↑ Top 25% | +0.0% |
| 2023 | $21,830,553 | $651,680 | $1,383,015 | $3,277,245 | ↑ Top 25% | +9.7% |
| 2022 | $21,225,000 | $535,964 | $1,190,250 | $2,842,216 | ↑ Top 25% | +3.3% |
| 2021 | $18,700,255 | $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 | — |