4121 SOUTH INDUSTRIAL DR TX 78744
| Owner | BRE JUPITER C ICON TX OWNER LP |
|---|---|
| Parcel ID | 0314030208 |
| Short ID | 363827 |
| Type | Real |
| Use Code | 60 Industrial 20K+ SF (<25% FO) |
| Valuation | Cost |
| Improvement SF | 80,000 SF |
| Land SF | 214,750 SF |
| Acres | 4.930 |
| Year Built | 1994 |
| Legal | LOT 17A&18A BEN WHITE BUSINESS PARK SEC 2 PHS 2 AMENDED PLAT OF LTS 16-18 |
| Neighborhood | 60SEA |
| Land | $1,503,250 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,503,250 |
| Improvement | $10,696,750 |
|---|---|
| Total Improvement | $10,696,750 |
| Market | $12,200,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $12,200,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $12,200,000 |
| Taxable Value | $12,200,000 |
|---|
Appreciation: Market value has risen +21.0% from $10,079,391 (2021) to $12,200,000 (2025), a CAGR of 4.9% 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 5 taxing entities is 2.0465% in 2025 (+0.0647% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $249,671. 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 cost approach, tied more to replacement cost and physical condition than to income performance.
Value Composition: Land carries 12% of market value ($1,503,250 land vs $10,696,750 improvements), about $7/SF of land. Most value sits in the improvements, so building condition, age (~32 yrs), and rent roll drive the underwriting.
Submarket Position: At $12,200,000, 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 +3.9% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $14,766,765 by 2031, with an estimated annual tax burden around $278,168. 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 | 106,500 SF | ✗ |
| 1ST | 1st Floor | 80,000 SF | ✓ |
| 491 | SPRINKLER HEADS | 80,000 SF | ✗ |
| 093 | HVAC COMMRCL SF | 69,277 SF | ✗ |
| 881 | COMMCL FINISHOUT | 7,859 SF | ✓ |
| 408 | LOADING RAMP | 960 SF | ✓ |
| 501 | CANOPY | 570 SF | ✗ |
| 435 | FENCE IRON LF | 150 SF | ✗ |
| 413 | STAIRWAY EXT | 3 SF | ✓ |
| 482 | LIGHT POLES | 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% | $102,697.20 | $102,697.20 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $58,165.89 | $58,165.89 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $41,718.80 | $41,718.80 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $13,100.55 | $13,100.55 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $11,477.40 | $11,477.40 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $227,159.84 | $227,159.84 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $102,697.20 | 45.2% |
| CAT City of Austin | 0.5240% | $58,165.89 | 25.6% |
| TCO Travis County | 0.3758% | $41,718.80 | 18.4% |
| THD Travis Central Health | 0.1180% | $13,100.55 | 5.8% |
| ACT Austin Community College | 0.1034% | $11,477.40 | 5.1% |
| Total | 2.0465% | $227,159.84 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $12,200,000 | $12,200,000 | +0.0% |
| Assessed Value | $12,200,000 | $12,200,000 | +0.0% |
| Land Value | $1,503,250 | $1,503,250 | +0.0% |
| Improvement Value | $10,696,750 | $10,696,750 | +0.0% |
| Taxable Value | $12,200,000 | $12,200,000 | +0.0% |
| Total Tax 2026 = estimate |
~$249,671
Estimated
|
~$227,160
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $12,200,000 | $1,503,250 | $10,696,750 | — | $12,200,000 | $12,200,000 | Not yet — post-cert | Preliminary |
| 2025 | $12,200,000 | $1,503,250 | $10,696,750 | — | $12,200,000 | $12,200,000 | ~$227,160 | Partial |
| 2024 | $11,900,000 | $1,503,250 | $10,396,750 | — | $11,900,000 | $11,900,000 | $228,314 | Verified |
| 2023 | $11,892,395 | $1,503,250 | $10,389,145 | — | $11,892,395 | $11,892,395 | $202,957 | Verified |
| 2022 | $11,885,139 | $1,503,250 | $10,381,889 | — | $11,885,139 | $11,885,139 | $212,674 | Verified |
| 2021 | $10,079,391 | $1,503,250 | $8,576,141 | — | $10,079,391 | $10,079,391 | $215,472 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2025 | +2.5% | +2.5% | ~100% | Not available | Partial |
| 2024 | +0.1% | +0.1% | ~100% | No billing data | Verified |
| 2023 | +0.1% | +0.1% | ~100% | No billing data | Verified |
| 2022 | +17.9% | +17.9% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +21.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +4.1% | +3.9% | +17.9% | 2022 | +0.0% | 2026 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2021 | 100.0% | 2021 |
| Effective Tax Rate (2025) | 1.8600% | 1.8600% | — | 1.8600% | 2025 | 1.8600% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$227,160 | $217,315 | ~$266,668 | $228,314 | 2024 | $202,957 | 2023 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$12,674,912 | ~$12,674,912 | ~2.0139% | ~$255,265 | +3.9% |
| 2028 | ~$13,168,310 | ~$13,168,310 | ~1.9814% | ~$260,915 | +7.9% |
| 2029 | ~$13,680,915 | ~$13,680,915 | ~1.9488% | ~$266,619 | +12.1% |
| 2030 | ~$14,213,475 | ~$14,213,475 | ~1.9163% | ~$272,372 | +16.5% |
| 2031 | ~$14,766,765 | ~$14,766,765 | ~1.8837% | ~$278,168 | +21.0% |
| 2027 | ~$12,430,912 | ~$12,430,912 | ~2.0465% | ~$254,397 | +1.9% |
| 2028 | ~$12,666,194 | ~$12,666,194 | ~2.0465% | ~$259,212 | +3.8% |
| 2029 | ~$12,905,929 | ~$12,905,929 | ~2.0465% | ~$264,118 | +5.8% |
| 2030 | ~$13,150,202 | ~$13,150,202 | ~2.0465% | ~$269,117 | +7.8% |
| 2031 | ~$13,399,098 | ~$13,399,098 | ~2.0465% | ~$274,211 | +9.8% |
| 2027 | ~$12,918,912 | ~$12,918,912 | ~1.9977% | ~$258,076 | +5.9% |
| 2028 | ~$13,680,187 | ~$13,680,187 | ~1.9488% | ~$266,605 | +12.1% |
| 2029 | ~$14,486,321 | ~$14,486,321 | ~1.9000% | ~$275,243 | +18.7% |
| 2030 | ~$15,339,959 | ~$15,339,959 | ~1.8512% | ~$283,972 | +25.7% |
| 2031 | ~$16,243,900 | ~$16,243,900 | ~1.8024% | ~$292,775 | +33.1% |
In 2025, this property's market value of $12,200,000 places it in the top 25% for Commercial properties in Travis County (13595 comparable) — 9× 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 | $12,200,000 | $632,506 | $1,382,921 | $3,258,143 | ↑ Top 25% | -0.8% |
| 2024 | $11,900,000 | $647,500 | $1,401,787 | $3,362,090 | ↑ Top 25% | +0.0% |
| 2023 | $11,892,395 | $651,680 | $1,383,015 | $3,277,245 | ↑ Top 25% | +9.7% |
| 2022 | $11,885,139 | $535,964 | $1,190,250 | $2,842,216 | ↑ Top 25% | +3.3% |
| 2021 | $10,079,391 | $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 | — |