1127 BASTROP HWY TX 78742
| Owner | 1127 OLD BASTROP HWY LLC |
|---|---|
| Parcel ID | 0307200306 |
| Short ID | 288396 |
| Type | Real |
| Use Code | 83 Service / Repair Garage |
| Valuation | Income |
| Improvement SF | 5,750 SF |
| Land SF | 250,993 SF |
| Acres | 5.762 |
| Year Built | 1968 |
| Legal | ABS 24 DELVALLE S ACR 5.762 |
| Neighborhood | 83SEA |
| Land | $3,764,891 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $3,764,891 |
| Improvement | $377,429 |
|---|---|
| Total Improvement | $377,429 |
| Market | $4,142,320 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $4,142,320 |
| Value Limitation Adjustment (−) (homestead cap) | −$3,109,640 |
| Net Appraised (assessed) | $1,032,680 |
| Taxable Value | $1,032,680 |
|---|
Appreciation: Market value has risen +435.9% from $773,008 (2021) to $4,142,320 (2025), a CAGR of 52.1% over 4 years. This is strong appreciation — well above typical inflation. Growth has been fairly evenly spread across these years rather than concentrated in one jump. 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 2.9954% in 2025 (+0.0167% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $30,933. Del Valle ISD is the largest single contributor, at 40.0% of the total 2025 levy.
Assessment Gap: Assessed value ($1,032,680) is $3,109,640 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 91% of market value ($3,764,891 land vs $377,429 improvements), about $15/SF of land. With value concentrated in the land under a ~58-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 $4,142,320, 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 +39.2% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $21,176,315 by 2031, with an estimated annual tax burden around $50,219. 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.
4 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 206,800 SF | ✗ |
| 1ST | 1st Floor | 5,750 SF | ✓ |
| 541 | FENCE COMM LF | 1,800 SF | ✗ |
| 093 | HVAC COMMRCL SF | 1,250 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 |
|---|---|---|---|---|---|---|---|---|---|
| IDV Del Valle ISD | 1.2020% | 1.1846% | 1.0028% | 0.9969% | 0.9489% | -0.0480% | $8,540.84 | $8,540.84 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $5,411.42 | $5,411.42 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,881.28 | $3,881.28 | Paid |
| IAU Austin ISD | 1.0617% | 0.9966% | 0.8595% | 0.9505% | 0.9252% | -0.0253% | $1,226.83 | $1,226.83 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,218.80 | $1,218.80 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,067.79 | $1,067.79 | Paid |
| Combined Rate | 3.3787% | 3.1595% | 2.8120% | 2.9787% | 2.9954% | +0.0167% | $21,346.96 | $21,346.96 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IDV Del Valle ISD | 0.9489% | $8,540.84 | 40.0% |
| CAT City of Austin | 0.5240% | $5,411.42 | 25.3% |
| TCO Travis County | 0.3758% | $3,881.28 | 18.2% |
| IAU Austin ISD | 0.9252% | $1,226.83 | 5.7% |
| THD Travis Central Health | 0.1180% | $1,218.80 | 5.7% |
| ACT Austin Community College | 0.1034% | $1,067.79 | 5.0% |
| Total | 2.9954% | $21,346.96 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $4,045,919 | $4,142,320 | -2.3% |
| Assessed Value | $1,239,216 | $1,032,680 | +20.0% |
| Land Value | $3,764,891 | $3,764,891 | +0.0% |
| Improvement Value | $281,028 | $377,429 | -25.5% |
| Taxable Value | $1,239,216 | $1,032,680 | +20.0% |
| HS Cap Loss | -$2,806,703 | — | |
| Total Tax 2026 = estimate |
~$37,119
Estimated
|
~$21,347
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $4,045,919 | $3,764,891 | $281,028 | −$2,806,703 | $1,239,216 | $1,239,216 | Not yet — post-cert | Preliminary |
| 2025 | $4,142,320 | $3,764,891 | $377,429 | −$3,109,640 | $1,032,680 | $1,032,680 | ~$21,347 | Partial |
| 2024 | $2,500,000 | $3,764,891 | — | — | $2,500,000 | $2,500,000 | $19,188 | Verified |
| 2023 | $495,543 | — | — | −$119,054 | $376,489 | $— | $12,661 | Verified |
| 2022 | $495,543 | — | — | −$119,054 | $376,489 | $— | $10,568 | Verified |
| 2021 | $773,008 | $376,489 | $396,519 | — | $773,008 | $773,008 | $11,355 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -2.3% | +20.0% | 30.6% | Not available | Partial |
| 2025 | +65.7% | -58.7% | 24.9% | Not available | Partial |
| 2024 | +404.5% ! | +564.0% | ~100% | No billing data | Verified |
| 2023 | +0.0% | +0.0% | 76.0% | No billing data | Verified |
| 2022 | -35.9% | -51.3% | 76.0% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +435.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -2.3% | +86.4% | +39.2% | +404.5% | 2024 | -35.9% | 2022 |
| Assessment Ratio | 30.6% | 67.9% | — | 100.0% | 2021 | 24.9% | 2025 |
| Effective Tax Rate (2025) | 0.5200% | 0.5200% | — | 0.5200% | 2025 | 0.5200% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$21,347 | $15,024 | ~$44,768 | $21,347 | 2025 | $10,568 | 2022 |
Market value changed by 404% 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 | ~$5,633,572 | ~$1,363,138 | ~2.8996% | ~$39,525 | +39.2% |
| 2028 | ~$7,844,233 | ~$1,499,451 | ~2.8037% | ~$42,041 | +93.9% |
| 2029 | ~$10,922,375 | ~$1,649,396 | ~2.7079% | ~$44,664 | +170.0% |
| 2030 | ~$15,208,407 | ~$1,814,336 | ~2.6121% | ~$47,392 | +275.9% |
| 2031 | ~$21,176,315 | ~$1,995,770 | ~2.5163% | ~$50,219 | +423.4% |
| 2027 | ~$5,552,653 | ~$1,363,138 | ~2.9954% | ~$40,831 | +37.2% |
| 2028 | ~$7,620,508 | ~$1,499,451 | ~2.9954% | ~$44,914 | +88.4% |
| 2029 | ~$10,458,449 | ~$1,649,396 | ~2.9954% | ~$49,406 | +158.5% |
| 2030 | ~$14,353,264 | ~$1,814,336 | ~2.9954% | ~$54,346 | +254.8% |
| 2031 | ~$19,698,540 | ~$1,995,770 | ~2.9954% | ~$59,781 | +386.9% |
| 2027 | ~$5,714,490 | ~$1,363,138 | ~2.8516% | ~$38,872 | +41.2% |
| 2028 | ~$8,071,194 | ~$1,499,451 | ~2.7079% | ~$40,604 | +99.5% |
| 2029 | ~$11,399,822 | ~$1,649,396 | ~2.5642% | ~$42,293 | +181.8% |
| 2030 | ~$16,101,205 | ~$1,814,336 | ~2.4204% | ~$43,915 | +298.0% |
| 2031 | ~$22,741,477 | ~$1,995,770 | ~2.2767% | ~$45,438 | +462.1% |
In 2025, this property's market value of $4,142,320 places it in the top 25% for Commercial properties in Travis County (13595 comparable) — +200% 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 | $4,142,320 | $632,506 | $1,382,921 | $3,258,143 | ↑ Top 25% | -0.8% |
| 2024 | $2,500,000 | $647,500 | $1,401,787 | $3,362,090 | ↑ Above median | +0.0% |
| 2023 | $495,543 | $651,680 | $1,383,015 | $3,277,245 | ↓ Bottom 25% | +9.7% |
| 2022 | $495,543 | $535,964 | $1,190,250 | $2,842,216 | ↓ Bottom 25% | +3.3% |
| 2021 | $773,008 | $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 | — |