1524 S INTERSTATE HY 35 TX 78744
| Owner | ABERFELDY PROPERTIES INC |
|---|---|
| Parcel ID | 0302030941 |
| Short ID | 283646 |
| Type | Real |
| Use Code | 51 Office Large (>35,000 SF) |
| Valuation | Income |
| Improvement SF | 75,837 SF |
| Land SF | 176,636 SF |
| Acres | 4.055 |
| Year Built | 1980 |
| Legal | TRT A TEAGUE-BUDA SUBD NO 1 |
| Neighborhood | 51SCN |
| Land | $13,247,700 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $13,247,700 |
| Improvement | $1,027,300 |
|---|---|
| Total Improvement | $1,027,300 |
| Market | $14,275,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $14,275,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $14,275,000 |
| Taxable Value | $14,275,000 |
|---|
Appreciation: Market value has risen +5.6% from $13,521,342 (2021) to $14,275,000 (2025), a CAGR of 1.4% 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 5 taxing entities is 2.0465% in 2025 (+0.0647% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $292,136. 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 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 93% of market value ($13,247,700 land vs $1,027,300 improvements), about $75/SF of land. With value concentrated in the land under a ~46-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 $14,275,000, 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 +2.5% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $17,310,834 by 2031, with an estimated annual tax burden around $326,092. 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.
10 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 66,706 SF | ✗ |
| 187 | PARKING GARAGE | 34,648 SF | ✓ |
| 2ND | 2nd Floor | 29,712 SF | ✓ |
| 3RD | 3rd Floor | 29,712 SF | ✓ |
| 1ST | 1st Floor | 16,413 SF | ✓ |
| 611 | TERRACE | 1,056 SF | ✗ |
| SO | Sketch Only | 793 SF | ✗ |
| 501 | CANOPY | 320 SF | ✗ |
| 482 | LIGHT POLES | 10 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 |
|---|---|---|---|---|---|---|---|---|---|
| IAU Austin ISD | 1.0617% | 0.9966% | 0.8595% | 0.9505% | 0.9252% | -0.0253% | $132,072.30 | $132,072.30 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $74,803.43 | $74,803.43 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $53,651.87 | $53,651.87 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $16,847.78 | $16,847.78 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $14,760.35 | $14,760.35 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $292,135.73 | $292,135.73 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $132,072.30 | 45.2% |
| CAT City of Austin | 0.5240% | $74,803.43 | 25.6% |
| TCO Travis County | 0.3758% | $53,651.87 | 18.4% |
| THD Travis Central Health | 0.1180% | $16,847.78 | 5.8% |
| ACT Austin Community College | 0.1034% | $14,760.35 | 5.1% |
| Total | 2.0465% | $292,135.73 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $15,299,206 | $14,275,000 | +7.2% |
| Assessed Value | $15,299,206 | $14,275,000 | +7.2% |
| Land Value | $13,247,700 | $13,247,700 | +0.0% |
| Improvement Value | $2,051,506 | $1,027,300 | +99.7% |
| Taxable Value | $15,299,206 | $14,275,000 | +7.2% |
| Total Tax 2026 = estimate |
~$313,096
Estimated
|
~$292,136
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $15,299,206 | $13,247,700 | $2,051,506 | — | $15,299,206 | $15,299,206 | Not yet — post-cert | Preliminary |
| 2025 | $14,275,000 | $13,247,700 | $1,027,300 | — | $14,275,000 | $14,275,000 | ~$292,136 | Partial |
| 2024 | $14,500,000 | $13,247,700 | $1,252,300 | — | $14,500,000 | $14,500,000 | $277,960 | Verified |
| 2023 | $16,828,125 | $13,247,700 | $3,580,425 | — | $16,828,125 | $16,828,125 | $245,765 | Verified |
| 2022 | $13,706,400 | $3,974,310 | $9,732,090 | — | $13,706,400 | $13,706,400 | $251,147 | Verified |
| 2021 | $13,521,342 | $3,974,310 | $9,547,032 | — | $13,521,342 | $13,521,342 | $287,658 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +7.2% | +7.2% | ~100% | Not available | Partial |
| 2025 | -1.6% | -1.6% | ~100% | Not available | Partial |
| 2024 | -13.8% | -13.8% | ~100% | No billing data | Verified |
| 2023 | +22.8% | +22.8% | ~100% | No billing data | Verified |
| 2022 | +1.4% | +1.4% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +5.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +7.2% | +3.2% | +2.5% | +22.8% | 2023 | -13.8% | 2024 |
| 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 |
$292,136 | $270,933 | ~$321,027 | $292,136 | 2025 | $245,765 | 2023 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$15,681,901 | ~$15,681,901 | ~2.0139% | ~$315,824 | +2.5% |
| 2028 | ~$16,074,169 | ~$16,074,169 | ~1.9814% | ~$318,492 | +5.1% |
| 2029 | ~$16,476,249 | ~$16,476,249 | ~1.9488% | ~$321,096 | +7.7% |
| 2030 | ~$16,888,387 | ~$16,888,387 | ~1.9163% | ~$323,631 | +10.4% |
| 2031 | ~$17,310,834 | ~$17,310,834 | ~1.8837% | ~$326,092 | +13.1% |
| 2027 | ~$15,375,917 | ~$15,375,917 | ~2.0465% | ~$314,666 | +0.5% |
| 2028 | ~$15,453,013 | ~$15,453,013 | ~2.0465% | ~$316,244 | +1.0% |
| 2029 | ~$15,530,495 | ~$15,530,495 | ~2.0465% | ~$317,829 | +1.5% |
| 2030 | ~$15,608,366 | ~$15,608,366 | ~2.0465% | ~$319,423 | +2.0% |
| 2031 | ~$15,686,627 | ~$15,686,627 | ~2.0465% | ~$321,024 | +2.5% |
| 2027 | ~$15,987,885 | ~$15,987,885 | ~1.9977% | ~$319,384 | +4.5% |
| 2028 | ~$16,707,565 | ~$16,707,565 | ~1.9488% | ~$325,604 | +9.2% |
| 2029 | ~$17,459,640 | ~$17,459,640 | ~1.9000% | ~$331,736 | +14.1% |
| 2030 | ~$18,245,569 | ~$18,245,569 | ~1.8512% | ~$337,761 | +19.3% |
| 2031 | ~$19,066,876 | ~$19,066,876 | ~1.8024% | ~$343,656 | +24.6% |
In 2025, this property's market value of $14,275,000 places it in the top 25% for Commercial properties in Travis County (13595 comparable) — 10× 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 | $14,275,000 | $632,506 | $1,382,921 | $3,258,143 | ↑ Top 25% | -0.8% |
| 2024 | $14,500,000 | $647,500 | $1,401,787 | $3,362,090 | ↑ Top 25% | +0.0% |
| 2023 | $16,828,125 | $651,680 | $1,383,015 | $3,277,245 | ↑ Top 25% | +9.7% |
| 2022 | $13,706,400 | $535,964 | $1,190,250 | $2,842,216 | ↑ Top 25% | +3.3% |
| 2021 | $13,521,342 | $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 | — |