5301 SOUTHWEST PKWY TX 78735
| Owner | DRAWBRIDGE 5301 SOUTHWEST PARKWAY LLC |
|---|---|
| Parcel ID | 0404250901 |
| Short ID | 728584 |
| Type | Real |
| Use Code | 51 Office Large (>35,000 SF) |
| Valuation | Income |
| Improvement SF | 126,989 SF |
| Land SF | 1,994,743 SF |
| Acres | 45.793 |
| Year Built | 2007 |
| Legal | LOT 1-2,4 BLK A MURPHEY SUBD |
| Neighborhood | 51SWE |
| Land | $13,963,202 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $13,963,202 |
| Improvement | $23,199,052 |
|---|---|
| Total Improvement | $23,199,052 |
| Market | $37,162,254 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $37,162,254 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $37,162,254 |
| Exemptions on file | PC |
|---|---|
| Taxable Value | $37,162,254 |
Appreciation: Market value has fallen -32.0% from $54,658,000 (2021) to $37,162,254 (2025), a CAGR of -9.2% 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 $760,520. 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 38% of market value ($13,963,202 land vs $23,199,052 improvements), about $7/SF of land. Most value sits in the improvements, so building condition, age (~19 yrs), and rent roll drive the underwriting.
Submarket Position: At $37,162,254, 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 -6.2% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $28,854,307 by 2031, with an estimated annual tax burden around $543,541. 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.
8 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 3RD | 3rd Floor | 43,368 SF | ✓ |
| 4TH | 4th Floor | 43,368 SF | ✓ |
| 2ND | 2nd Floor | 42,318 SF | ✓ |
| 1ST | 1st Floor | 41,303 SF | ✓ |
| 187 | PARKING GARAGE | 31,808 SF | ✓ |
| 551 | PAVED AREA | 30,000 SF | ✗ |
| 501 | CANOPY | 2,065 SF | ✗ |
| 482 | LIGHT POLES | 6 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% | $341,288.63 | $341,288.63 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $193,299.87 | $193,299.87 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $138,642.05 | $138,642.05 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $43,536.43 | $43,536.43 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $38,142.29 | $38,142.29 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $754,909.27 | $754,909.27 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $341,288.63 | 45.2% |
| CAT City of Austin | 0.5240% | $193,299.87 | 25.6% |
| TCO Travis County | 0.3758% | $138,642.05 | 18.4% |
| THD Travis Central Health | 0.1180% | $43,536.43 | 5.8% |
| ACT Austin Community College | 0.1034% | $38,142.29 | 5.1% |
| Total | 2.0465% | $754,909.27 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $39,712,954 | $37,162,254 | +6.9% |
| Assessed Value | $39,712,954 | $37,162,254 | +6.9% |
| Land Value | $13,963,202 | $13,963,202 | +0.0% |
| Improvement Value | $25,749,752 | $23,199,052 | +11.0% |
| Taxable Value | $39,712,954 | $37,162,254 | +6.9% |
| Exemptions | PC | PC | |
| Total Tax 2026 = estimate |
~$812,720
Estimated
|
~$754,909
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $39,712,954 | $13,963,202 | $25,749,752 | — | $39,712,954 | $39,712,954 | Not yet — post-cert | Preliminary |
| 2025 | $37,162,254 | $13,963,202 | $23,199,052 | — | $37,162,254 | $37,162,254 | ~$754,909 | Partial |
| 2024 | $42,844,844 | $13,963,202 | $28,881,642 | — | $42,844,844 | $42,528,760 | $789,738 | Verified |
| 2023 | $50,437,085 | $13,963,202 | $36,473,883 | — | $50,437,085 | $50,064,989 | $854,730 | Verified |
| 2022 | $64,145,817 | $13,963,202 | $50,182,615 | — | $64,145,817 | $63,672,586 | $1,159,787 | Verified |
| 2021 | $54,658,000 | $13,963,202 | $40,694,798 | — | $54,658,000 | $54,554,988 | $1,187,487 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +6.9% | +6.9% | ~100% | Not available | Partial |
| 2025 | -13.3% | -13.3% | ~100% | Not available | Partial |
| 2024 | -15.1% | -15.1% | ~100% | No billing data | Verified |
| 2023 | -21.4% | -21.4% | ~100% | No billing data | Verified |
| 2022 | +17.4% | +17.4% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): -32.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +6.9% | -5.1% | -6.2% | +17.4% | 2022 | -21.4% | 2023 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2021 | 100.0% | 2021 |
| Effective Tax Rate (2025) | 2.0300% | 2.0300% | — | 2.0300% | 2025 | 2.0300% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$754,909 | $949,330 | ~$642,940 | $1,187,487 | 2021 | $754,909 | 2025 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$37,255,284 | ~$37,255,284 | ~2.0139% | ~$750,298 | -6.2% |
| 2028 | ~$34,949,710 | ~$34,949,710 | ~1.9814% | ~$692,489 | -12.0% |
| 2029 | ~$32,786,818 | ~$32,786,818 | ~1.9488% | ~$638,962 | -17.4% |
| 2030 | ~$30,757,778 | ~$30,757,778 | ~1.9163% | ~$589,409 | -22.5% |
| 2031 | ~$28,854,307 | ~$28,854,307 | ~1.8837% | ~$543,541 | -27.3% |
| 2027 | ~$37,727,306 | ~$37,727,306 | ~2.0465% | ~$772,084 | -5.0% |
| 2028 | ~$35,840,941 | ~$35,840,941 | ~2.0465% | ~$733,479 | -9.7% |
| 2029 | ~$34,048,894 | ~$34,048,894 | ~2.0465% | ~$696,806 | -14.3% |
| 2030 | ~$32,346,449 | ~$32,346,449 | ~2.0465% | ~$661,965 | -18.5% |
| 2031 | ~$30,729,127 | ~$30,729,127 | ~2.0465% | ~$628,867 | -22.6% |
| 2027 | ~$38,049,544 | ~$38,049,544 | ~1.9977% | ~$760,101 | -4.2% |
| 2028 | ~$36,455,806 | ~$36,455,806 | ~1.9488% | ~$710,465 | -8.2% |
| 2029 | ~$34,928,824 | ~$34,928,824 | ~1.9000% | ~$663,654 | -12.0% |
| 2030 | ~$33,465,801 | ~$33,465,801 | ~1.8512% | ~$619,517 | -15.7% |
| 2031 | ~$32,064,058 | ~$32,064,058 | ~1.8024% | ~$577,913 | -19.3% |
In 2025, this property's market value of $37,162,254 places it in the top 25% for Commercial properties in Travis County (13595 comparable) — 27× 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 | $37,162,254 | $632,506 | $1,382,921 | $3,258,143 | ↑ Top 25% | -0.8% |
| 2024 | $42,844,844 | $647,500 | $1,401,787 | $3,362,090 | ↑ Top 25% | +0.0% |
| 2023 | $50,437,085 | $651,680 | $1,383,015 | $3,277,245 | ↑ Top 25% | +9.7% |
| 2022 | $64,145,817 | $535,964 | $1,190,250 | $2,842,216 | ↑ Top 25% | +3.3% |
| 2021 | $54,658,000 | $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 | — |