2215 GRAND AVENUE PKWY AUSTIN, TX 78728
| Owner | 2215 GRAND AVE PKWY LLC |
|---|---|
| Parcel ID | 0276230701 |
| Short ID | 278434 |
| Type | Real |
| Use Code | 69 Mfg / Eng / Lab Industrial |
| Valuation | Cost |
| Improvement SF | 81,682 SF |
| Land SF | 304,906 SF |
| Acres | 7.000 |
| Year Built | 1991 |
| Legal | LOT 3 BLK B VISTA BUSINESS PARK II |
| Neighborhood | 69FNOR |
| Land | $914,718 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $914,718 |
| Improvement | $10,534,449 |
|---|---|
| Total Improvement | $10,534,449 |
| Market | $11,449,167 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $11,449,167 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $11,449,167 |
| Taxable Value | $11,449,167 |
|---|
Appreciation: Market value has risen +15.9% from $9,875,410 (2021) to $11,449,167 (2025), a CAGR of 3.8% over 4 years. Growth has been relatively flat for this asset class. 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 lagged 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 $184,748. 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 8% of market value ($914,718 land vs $10,534,449 improvements), about $3/SF of land. Most value sits in the improvements, so building condition, age (~35 yrs), and rent roll drive the underwriting.
Submarket Position: At $11,449,167, 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 +3.1% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $13,458,899 by 2031, with an estimated annual tax burden around $178,660. 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.
12 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 85,000 SF | ✗ |
| 1ST | 1st Floor | 81,682 SF | ✓ |
| 491 | SPRINKLER HEADS | 81,682 SF | ✗ |
| 093 | HVAC COMMRCL SF | 46,273 SF | ✗ |
| 881 | COMMCL FINISHOUT | 35,409 SF | ✓ |
| 611 | TERRACE | 4,090 SF | ✗ |
| SO | Sketch Only | 440 SF | ✗ |
| 011C | PORCH OPEN 1ST COMM | 290 SF | ✗ |
| 021 | PORCH CLOS 1ST F | 290 SF | ✓ |
| 501 | CANOPY | 87 SF | ✗ |
| 482 | LIGHT POLES | 9 SF | ✓ |
| 299 | ALL FLAT VALUE | 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 |
|---|---|---|---|---|---|---|---|---|---|
| IRR Round Rock ISD | 1.1336% | 1.0626% | 0.9190% | 0.8931% | 0.8931% | +0.0000% | $102,252.51 | $102,252.51 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $43,031.12 | $43,031.12 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $13,512.65 | $13,512.65 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $11,838.44 | $11,838.44 | Paid |
| E02 Travis County ESD # 02 | 0.0900% | 0.0800% | 0.0773% | 0.0939% | 0.0928% | -0.0011% | $10,620.82 | $10,620.82 | Paid |
| E17 Travis County ESD #17 | 0.0450% | 0.0245% | 0.0230% | 0.0370% | 0.0305% | -0.0065% | $3,492.00 | $3,492.00 | Paid |
| Combined Rate | 1.8426% | 1.6827% | 1.5232% | 1.5777% | 1.6136% | +0.0359% | $184,747.54 | $184,747.54 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IRR Round Rock ISD | 0.8931% | $102,252.51 | 55.3% |
| TCO Travis County | 0.3758% | $43,031.12 | 23.3% |
| THD Travis Central Health | 0.1180% | $13,512.65 | 7.3% |
| ACT Austin Community College | 0.1034% | $11,838.44 | 6.4% |
| E02 Travis County ESD # 02 | 0.0928% | $10,620.82 | 5.7% |
| E17 Travis County ESD #17 | 0.0305% | $3,492.00 | 1.9% |
| Total | 1.6136% | $184,747.54 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $11,528,753 | $11,449,167 | +0.7% |
| Assessed Value | $11,528,753 | $11,449,167 | +0.7% |
| Land Value | $914,718 | $914,718 | +0.0% |
| Improvement Value | $10,614,035 | $10,534,449 | +0.8% |
| Taxable Value | $11,528,753 | $11,449,167 | +0.7% |
| Total Tax 2026 = estimate |
~$186,032
Estimated
|
~$184,748
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $11,528,753 | $914,718 | $10,614,035 | — | $11,528,753 | $11,528,753 | Not yet — post-cert | Preliminary |
| 2025 | $11,449,167 | $914,718 | $10,534,449 | — | $11,449,167 | $11,449,167 | ~$184,748 | Partial |
| 2024 | $11,105,883 | $914,718 | $10,191,165 | — | $11,105,883 | $11,105,883 | $175,219 | Verified |
| 2023 | $12,000,000 | $914,718 | $11,085,282 | — | $12,000,000 | $12,000,000 | $182,790 | Verified |
| 2022 | $9,200,000 | $914,718 | $8,285,282 | — | $9,200,000 | $9,200,000 | $111,537 | Verified |
| 2021 | $9,875,410 | $914,718 | $8,960,692 | — | $9,875,410 | $9,875,410 | $96,735 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.7% | +0.7% | ~100% | Not available | Partial |
| 2025 | +3.1% | +3.1% | ~100% | Not available | Partial |
| 2024 | -7.5% | -7.5% | ~100% | No billing data | Verified |
| 2023 | +30.4% | +30.4% | ~100% | No billing data | Verified |
| 2022 | -6.8% | -6.8% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +15.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.7% | +4.0% | +3.1% | +30.4% | 2023 | -7.5% | 2024 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2021 | 100.0% | 2021 |
| Effective Tax Rate (2025) | 1.6100% | 1.6100% | — | 1.6100% | 2025 | 1.6100% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$184,748 | $150,206 | ~$182,141 | $184,748 | 2025 | $96,735 | 2021 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$11,891,257 | ~$11,891,257 | ~1.5564% | ~$185,075 | +3.1% |
| 2028 | ~$12,265,160 | ~$12,265,160 | ~1.4992% | ~$183,874 | +6.4% |
| 2029 | ~$12,650,819 | ~$12,650,819 | ~1.4419% | ~$182,415 | +9.7% |
| 2030 | ~$13,048,605 | ~$13,048,605 | ~1.3847% | ~$180,682 | +13.2% |
| 2031 | ~$13,458,899 | ~$13,458,899 | ~1.3275% | ~$178,660 | +16.7% |
| 2027 | ~$11,660,682 | ~$11,660,682 | ~1.6136% | ~$188,161 | +1.1% |
| 2028 | ~$11,794,121 | ~$11,794,121 | ~1.6136% | ~$190,314 | +2.3% |
| 2029 | ~$11,929,087 | ~$11,929,087 | ~1.6136% | ~$192,492 | +3.5% |
| 2030 | ~$12,065,597 | ~$12,065,597 | ~1.6136% | ~$194,694 | +4.7% |
| 2031 | ~$12,203,670 | ~$12,203,670 | ~1.6136% | ~$196,922 | +5.9% |
| 2027 | ~$12,121,832 | ~$12,121,832 | ~1.5278% | ~$185,195 | +5.1% |
| 2028 | ~$12,745,422 | ~$12,745,422 | ~1.4419% | ~$183,779 | +10.6% |
| 2029 | ~$13,401,091 | ~$13,401,091 | ~1.3561% | ~$181,728 | +16.2% |
| 2030 | ~$14,090,490 | ~$14,090,490 | ~1.2702% | ~$178,979 | +22.2% |
| 2031 | ~$14,815,354 | ~$14,815,354 | ~1.1844% | ~$175,467 | +28.5% |
In 2025, this property's market value of $11,449,167 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 | $11,449,167 | $632,506 | $1,382,921 | $3,258,143 | ↑ Top 25% | -0.8% |
| 2024 | $11,105,883 | $647,500 | $1,401,787 | $3,362,090 | ↑ Top 25% | +0.0% |
| 2023 | $12,000,000 | $651,680 | $1,383,015 | $3,277,245 | ↑ Top 25% | +9.7% |
| 2022 | $9,200,000 | $535,964 | $1,190,250 | $2,842,216 | ↑ Top 25% | +3.3% |
| 2021 | $9,875,410 | $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 | — |