1712 E RIVERSIDE DR TX 78741
| Owner | MORRISON-MOORE PROPERTIES LTD |
|---|---|
| Parcel ID | 0302060802 |
| Short ID | 283792 |
| Type | Real |
| Use Code | 00 (unlisted) |
| Valuation | Income |
| Improvement SF | — |
| Land SF | 18,942 SF |
| Acres | 0.435 |
| Year Built | — |
| Legal | LOT 3 RIVERSIDE DIVIDE SEC 2 |
| Neighborhood | 20CEN |
| Land | $1,534,302 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,534,302 |
| Improvement | $9,208 |
|---|---|
| Total Improvement | $9,208 |
| Market | $1,543,510 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,543,510 |
| Value Limitation Adjustment (−) (homestead cap) | −$298,833 |
| Net Appraised (assessed) | $1,244,677 |
| Taxable Value | $1,244,677 |
|---|
Appreciation: Market value has risen +80.7% from $854,036 (2021) to $1,543,510 (2025), a CAGR of 15.9% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2023→2024), 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 $25,472. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Assessment Gap: Assessed value ($1,244,677) is $298,833 below market value, suggesting potential for an upward assessment in future years.
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 99% of market value ($1,534,302 land vs $9,208 improvements), about $81/SF of land. With value concentrated in the land, this reads as a land-dominated asset — the classic higher-and-best-use / redevelopment signal. Underwrite the dirt, not the building.
Submarket Position: At $1,543,510, this parcel sits in the upper-middle (50th–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 +12.7% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $2,822,988 by 2031, with an estimated annual tax burden around $45,313. 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.
5 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 18,000 SF | ✗ |
| 404 | KIOSK (RETAIL) | 299 SF | ✓ |
| 093 | HVAC COMMRCL SF | 299 SF | ✗ |
| 611 | TERRACE | 150 SF | ✗ |
| 501 | CANOPY | 27 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% | $11,515.75 | $11,515.75 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $6,522.32 | $6,522.32 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $4,678.06 | $4,678.06 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,469.01 | $1,469.01 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,287.00 | $1,287.00 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $25,472.14 | $25,472.14 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $11,515.75 | 45.2% |
| CAT City of Austin | 0.5240% | $6,522.32 | 25.6% |
| TCO Travis County | 0.3758% | $4,678.06 | 18.4% |
| THD Travis Central Health | 0.1180% | $1,469.01 | 5.8% |
| ACT Austin Community College | 0.1034% | $1,287.00 | 5.1% |
| Total | 2.0465% | $25,472.14 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,552,718 | $1,543,510 | +0.6% |
| Assessed Value | $1,493,612 | $1,244,677 | +20.0% |
| Land Value | $1,534,302 | $1,534,302 | +0.0% |
| Improvement Value | $18,416 | $9,208 | +100.0% |
| Taxable Value | $1,493,612 | $1,244,677 | +20.0% |
| HS Cap Loss | -$59,106 | — | |
| Total Tax 2026 = estimate |
~$30,567
Estimated
|
~$25,472
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $1,552,718 | $1,534,302 | $18,416 | −$59,106 | $1,493,612 | $1,493,612 | Not yet — post-cert | Preliminary |
| 2025 | $1,543,510 | $1,534,302 | $9,208 | −$298,833 | $1,244,677 | $1,244,677 | ~$25,472 | Partial |
| 2024 | $1,543,509 | $1,534,302 | $9,207 | −$506,278 | $1,037,231 | $1,037,231 | $20,556 | Verified |
| 2023 | $864,359 | $852,390 | $11,969 | — | $864,359 | $864,359 | $15,638 | Verified |
| 2022 | $868,180 | $852,390 | $15,790 | — | $868,180 | $868,180 | $17,146 | Verified |
| 2021 | $854,036 | $852,390 | $1,646 | — | $854,036 | $854,036 | $18,590 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.6% | +20.0% | 96.2% | Not available | Partial |
| 2025 | +0.0% | +20.0% | 80.6% | Not available | Partial |
| 2024 | +78.6% ! | +20.0% | 67.2% | No billing data | Verified |
| 2023 | -0.4% | -0.4% | ~100% | No billing data | Verified |
| 2022 | +1.7% | +1.7% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +80.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.6% | +16.1% | +12.7% | +78.6% | 2024 | -0.4% | 2023 |
| Assessment Ratio | 96.2% | 90.7% | — | 100.0% | 2021 | 67.2% | 2024 |
| Effective Tax Rate (2025) | 1.6500% | 1.6500% | — | 1.6500% | 2025 | 1.6500% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$25,472 | $19,480 | ~$38,972 | $25,472 | 2025 | $15,638 | 2023 |
Market value changed by 79% in 2024, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$1,749,911 | ~$1,642,973 | ~2.0139% | ~$33,088 | +12.7% |
| 2028 | ~$1,972,146 | ~$1,807,271 | ~1.9814% | ~$35,809 | +27.0% |
| 2029 | ~$2,222,606 | ~$1,987,998 | ~1.9488% | ~$38,743 | +43.1% |
| 2030 | ~$2,504,873 | ~$2,186,797 | ~1.9163% | ~$41,905 | +61.3% |
| 2031 | ~$2,822,988 | ~$2,405,477 | ~1.8837% | ~$45,313 | +81.8% |
| 2027 | ~$1,718,856 | ~$1,642,973 | ~2.0465% | ~$33,623 | +10.7% |
| 2028 | ~$1,902,771 | ~$1,807,271 | ~2.0465% | ~$36,986 | +22.5% |
| 2029 | ~$2,106,364 | ~$1,987,998 | ~2.0465% | ~$40,684 | +35.7% |
| 2030 | ~$2,331,742 | ~$2,186,797 | ~2.0465% | ~$44,752 | +50.2% |
| 2031 | ~$2,581,235 | ~$2,405,477 | ~2.0465% | ~$49,228 | +66.2% |
| 2027 | ~$1,780,965 | ~$1,642,973 | ~1.9977% | ~$32,821 | +14.7% |
| 2028 | ~$2,042,764 | ~$1,807,271 | ~1.9488% | ~$35,221 | +31.6% |
| 2029 | ~$2,343,047 | ~$1,987,998 | ~1.9000% | ~$37,772 | +50.9% |
| 2030 | ~$2,687,471 | ~$2,186,797 | ~1.8512% | ~$40,482 | +73.1% |
| 2031 | ~$3,082,525 | ~$2,405,477 | ~1.8024% | ~$43,356 | +98.5% |
In 2025, this property's market value of $1,543,510 places it in the 50th–75th percentile for Commercial properties in Travis County (13595 comparable) — +12% above 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 | $1,543,510 | $632,506 | $1,382,921 | $3,258,143 | ↑ Above median | -0.8% |
| 2024 | $1,543,509 | $647,500 | $1,401,787 | $3,362,090 | ↑ Above median | +0.0% |
| 2023 | $864,359 | $651,680 | $1,383,015 | $3,277,245 | ↓ Below median | +9.7% |
| 2022 | $868,180 | $535,964 | $1,190,250 | $2,842,216 | ↓ Below median | +3.3% |
| 2021 | $854,036 | $538,645 | $1,173,514 | $2,782,974 | ↓ Below median | 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 | — |