4500 S PLEASANT VALLEY RD TX 78744
| Owner | NLP SOUTHPARK COMMERCE CENTER V LLC |
|---|---|
| Parcel ID | 0318030201 |
| Short ID | 888306 |
| Type | Real |
| Use Code | 64 Industrial 20K+ SF (25–49%) |
| Valuation | Cost |
| Improvement SF | 350,171 SF |
| Land SF | 1,160,221 SF |
| Acres | 26.635 |
| Year Built | 2018 |
| Legal | LOT 4 SOUTHPARK INDUSTRIAL |
| Neighborhood | 64SEA |
| Land | $3,712,706 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $3,712,706 |
| Improvement | $53,687,294 |
|---|---|
| Total Improvement | $53,687,294 |
| Market | $57,400,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $57,400,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $57,400,000 |
| Taxable Value | $57,400,000 |
|---|
Appreciation: Market value has risen +10.4% from $51,976,904 (2021) to $57,400,000 (2025), a CAGR of 2.5% 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 $1,174,682. 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 6% of market value ($3,712,706 land vs $53,687,294 improvements), about $3/SF of land. Most value sits in the improvements, so building condition, age (~8 yrs), and rent roll drive the underwriting.
Submarket Position: At $57,400,000, 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 +4.0% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $77,266,240 by 2031, with an estimated annual tax burden around $1,455,497. 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.
9 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 800,000 SF | ✗ |
| 1ST | 1st Floor | 350,171 SF | ✓ |
| 491 | SPRINKLER HEADS | 350,171 SF | ✗ |
| 881 | COMMCL FINISHOUT | 45,000 SF | ✓ |
| 093 | HVAC COMMRCL SF | 45,000 SF | ✗ |
| 501 | CANOPY | 7,600 SF | ✗ |
| 611 | TERRACE | 6,252 SF | ✗ |
| 408 | LOADING RAMP | 1,000 SF | ✓ |
| 413 | STAIRWAY EXT | 3 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% | $531,064.80 | $531,064.80 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $300,785.76 | $300,785.76 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $215,735.03 | $215,735.03 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $67,745.20 | $67,745.20 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $59,351.60 | $59,351.60 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $1,174,682.39 | $1,174,682.39 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $531,064.80 | 45.2% |
| CAT City of Austin | 0.5240% | $300,785.76 | 25.6% |
| TCO Travis County | 0.3758% | $215,735.03 | 18.4% |
| THD Travis Central Health | 0.1180% | $67,745.20 | 5.8% |
| ACT Austin Community College | 0.1034% | $59,351.60 | 5.1% |
| Total | 2.0465% | $1,174,682.39 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $63,372,391 | $57,400,000 | +10.4% |
| Assessed Value | $63,372,391 | $57,400,000 | +10.4% |
| Land Value | $3,712,706 | $3,712,706 | +0.0% |
| Improvement Value | $59,659,685 | $53,687,294 | +11.1% |
| Taxable Value | $63,372,391 | $57,400,000 | +10.4% |
| Total Tax 2026 = estimate |
~$1,296,906
Estimated
|
~$1,174,682
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $63,372,391 | $3,712,706 | $59,659,685 | — | $63,372,391 | $63,372,391 | Not yet — post-cert | Preliminary |
| 2025 | $57,400,000 | $3,712,706 | $53,687,294 | — | $57,400,000 | $57,400,000 | ~$1,174,682 | Partial |
| 2024 | $52,019,917 | $3,712,706 | $48,307,211 | — | $52,019,917 | $52,019,917 | $1,030,938 | Verified |
| 2023 | $60,590,519 | $3,712,706 | $56,877,813 | — | $60,590,519 | $60,590,519 | $1,041,654 | Verified |
| 2022 | $35,608,560 | $3,712,706 | $31,895,854 | — | $35,608,560 | $35,608,560 | $703,242 | Verified |
| 2021 | $51,976,904 | $3,712,706 | $48,264,198 | — | $51,976,904 | $51,976,904 | $1,067,621 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +10.4% | +10.4% | ~100% | Not available | Partial |
| 2025 | +10.3% | +10.3% | ~100% | Not available | Partial |
| 2024 | -14.1% | -14.1% | ~100% | No billing data | Verified |
| 2023 | +70.2% | +70.2% | ~100% | No billing data | Verified |
| 2022 | -31.5% | -31.5% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +10.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +10.4% | +9.1% | +4.0% | +70.2% | 2023 | -31.5% | 2022 |
| 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 |
$1,174,682 | $1,003,627 | ~$1,391,353 | $1,174,682 | 2025 | $703,242 | 2022 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$65,935,307 | ~$65,935,307 | ~2.0139% | ~$1,327,895 | +4.0% |
| 2028 | ~$68,601,872 | ~$68,601,872 | ~1.9814% | ~$1,359,269 | +8.3% |
| 2029 | ~$71,376,279 | ~$71,376,279 | ~1.9488% | ~$1,391,009 | +12.6% |
| 2030 | ~$74,262,889 | ~$74,262,889 | ~1.9163% | ~$1,423,093 | +17.2% |
| 2031 | ~$77,266,240 | ~$77,266,240 | ~1.8837% | ~$1,455,497 | +21.9% |
| 2027 | ~$64,667,859 | ~$64,667,859 | ~2.0465% | ~$1,323,418 | +2.0% |
| 2028 | ~$65,989,809 | ~$65,989,809 | ~2.0465% | ~$1,350,472 | +4.1% |
| 2029 | ~$67,338,782 | ~$67,338,782 | ~2.0465% | ~$1,378,078 | +6.3% |
| 2030 | ~$68,715,332 | ~$68,715,332 | ~2.0465% | ~$1,406,249 | +8.4% |
| 2031 | ~$70,120,021 | ~$70,120,021 | ~2.0465% | ~$1,434,996 | +10.6% |
| 2027 | ~$67,202,754 | ~$67,202,754 | ~1.9977% | ~$1,342,484 | +6.0% |
| 2028 | ~$71,264,633 | ~$71,264,633 | ~1.9488% | ~$1,388,833 | +12.5% |
| 2029 | ~$75,572,021 | ~$75,572,021 | ~1.9000% | ~$1,435,881 | +19.3% |
| 2030 | ~$80,139,756 | ~$80,139,756 | ~1.8512% | ~$1,483,542 | +26.5% |
| 2031 | ~$84,983,575 | ~$84,983,575 | ~1.8024% | ~$1,531,720 | +34.1% |
In 2025, this property's market value of $57,400,000 places it in the top 25% for Commercial properties in Travis County (13595 comparable) — 42× 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 | $57,400,000 | $632,506 | $1,382,921 | $3,258,143 | ↑ Top 25% | -0.8% |
| 2024 | $52,019,917 | $647,500 | $1,401,787 | $3,362,090 | ↑ Top 25% | +0.0% |
| 2023 | $60,590,519 | $651,680 | $1,383,015 | $3,277,245 | ↑ Top 25% | +9.7% |
| 2022 | $35,608,560 | $535,964 | $1,190,250 | $2,842,216 | ↑ Top 25% | +3.3% |
| 2021 | $51,976,904 | $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 | — |