5707 SOUTHWEST PKWY TX 78735
| Owner | ENCINO TRACE PROPERTY LLC |
|---|---|
| Parcel ID | 0404280103 |
| Short ID | 775440 |
| Type | Real |
| Use Code | 51 Office Large (>35,000 SF) |
| Valuation | Income |
| Improvement SF | 123,831 SF |
| Land SF | 924,387 SF |
| Acres | 21.221 |
| Year Built | 2015 |
| Legal | LOT 1 ENCINO TRACE SUBD |
| Neighborhood | 51SWE |
| Land | $6,470,707 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $6,470,707 |
| Improvement | $30,145,887 |
|---|---|
| Total Improvement | $30,145,887 |
| Market | $36,616,594 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $36,616,594 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $36,616,594 |
| Taxable Value | $36,616,594 |
|---|
Appreciation: Market value has fallen -32.6% from $54,296,700 (2021) to $36,616,594 (2025), a CAGR of -9.4% over 4 years. Growth has been relatively flat for this asset class. 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 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 $749,353. 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 18% of market value ($6,470,707 land vs $30,145,887 improvements), about $7/SF of land. Most value sits in the improvements, so building condition, age (~11 yrs), and rent roll drive the underwriting.
Submarket Position: At $36,616,594, 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 -5.0% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $32,518,866 by 2031, with an estimated annual tax burden around $612,572. 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 |
|---|---|---|---|
| 187 | PARKING GARAGE | 192,045 SF | ✓ |
| 2ND | 2nd Floor | 41,415 SF | ✓ |
| 3RD | 3rd Floor | 41,415 SF | ✓ |
| 4TH | 4th Floor | 41,415 SF | ✓ |
| 1ST | 1st Floor | 41,001 SF | ✓ |
| 611 | TERRACE | 5,108 SF | ✗ |
| 511 | DECK | 908 SF | ✗ |
| 501 | CANOPY | 72 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% | $338,776.73 | $338,776.73 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $191,877.18 | $191,877.18 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $137,621.64 | $137,621.64 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $43,216.00 | $43,216.00 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $37,861.56 | $37,861.56 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $749,353.11 | $749,353.11 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $338,776.73 | 45.2% |
| CAT City of Austin | 0.5240% | $191,877.18 | 25.6% |
| TCO Travis County | 0.3758% | $137,621.64 | 18.4% |
| THD Travis Central Health | 0.1180% | $43,216.00 | 5.8% |
| ACT Austin Community College | 0.1034% | $37,861.56 | 5.1% |
| Total | 2.0465% | $749,353.11 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $42,019,842 | $36,616,594 | +14.8% |
| Assessed Value | $42,019,842 | $36,616,594 | +14.8% |
| Land Value | $6,470,707 | $6,470,707 | +0.0% |
| Improvement Value | $35,549,135 | $30,145,887 | +17.9% |
| Taxable Value | $42,019,842 | $36,616,594 | +14.8% |
| Total Tax 2026 = estimate |
~$859,930
Estimated
|
~$749,353
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $42,019,842 | $6,470,707 | $35,549,135 | — | $42,019,842 | $42,019,842 | Not yet — post-cert | Preliminary |
| 2025 | $36,616,594 | $6,470,707 | $30,145,887 | — | $36,616,594 | $36,616,594 | ~$749,353 | Partial |
| 2024 | $40,724,000 | $6,470,707 | $34,253,293 | — | $40,724,000 | $40,724,000 | $743,179 | Verified |
| 2023 | $52,983,295 | $6,470,707 | $46,512,588 | — | $52,983,295 | $52,983,295 | $861,419 | Verified |
| 2022 | $62,831,000 | $6,470,707 | $56,360,293 | — | $62,831,000 | $62,831,000 | $1,186,622 | Verified |
| 2021 | $54,296,700 | $6,470,707 | $47,825,993 | — | $54,296,700 | $54,296,700 | $1,170,124 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +14.8% | +14.8% | ~100% | Not available | Partial |
| 2025 | -10.1% | -10.1% | ~100% | Not available | Partial |
| 2024 | -23.1% | -23.1% | ~100% | No billing data | Verified |
| 2023 | -15.7% | -15.7% | ~100% | No billing data | Verified |
| 2022 | +15.7% | +15.7% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): -32.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +14.8% | -3.7% | -5.0% | +15.7% | 2022 | -23.1% | 2024 |
| 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 |
$749,353 | $942,139 | ~$705,216 | $1,186,622 | 2022 | $743,179 | 2024 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$39,920,007 | ~$39,920,007 | ~2.0139% | ~$803,964 | -5.0% |
| 2028 | ~$37,925,106 | ~$37,925,106 | ~1.9814% | ~$751,443 | -9.7% |
| 2029 | ~$36,029,896 | ~$36,029,896 | ~1.9488% | ~$702,165 | -14.3% |
| 2030 | ~$34,229,393 | ~$34,229,393 | ~1.9163% | ~$655,935 | -18.5% |
| 2031 | ~$32,518,866 | ~$32,518,866 | ~1.8837% | ~$612,572 | -22.6% |
| 2027 | ~$39,918,850 | ~$39,918,850 | ~2.0465% | ~$816,933 | -5.0% |
| 2028 | ~$37,922,907 | ~$37,922,907 | ~2.0465% | ~$776,087 | -9.8% |
| 2029 | ~$36,026,762 | ~$36,026,762 | ~2.0465% | ~$737,282 | -14.3% |
| 2030 | ~$34,225,424 | ~$34,225,424 | ~2.0465% | ~$700,418 | -18.5% |
| 2031 | ~$32,514,153 | ~$32,514,153 | ~2.0465% | ~$665,397 | -22.6% |
| 2027 | ~$40,760,404 | ~$40,760,404 | ~1.9977% | ~$814,255 | -3.0% |
| 2028 | ~$39,538,715 | ~$39,538,715 | ~1.9488% | ~$770,546 | -5.9% |
| 2029 | ~$38,353,642 | ~$38,353,642 | ~1.9000% | ~$728,726 | -8.7% |
| 2030 | ~$37,204,089 | ~$37,204,089 | ~1.8512% | ~$688,720 | -11.5% |
| 2031 | ~$36,088,991 | ~$36,088,991 | ~1.8024% | ~$650,458 | -14.1% |
In 2025, this property's market value of $36,616,594 places it in the top 25% for Commercial properties in Travis County (13595 comparable) — 26× 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 | $36,616,594 | $632,506 | $1,382,921 | $3,258,143 | ↑ Top 25% | -0.8% |
| 2024 | $40,724,000 | $647,500 | $1,401,787 | $3,362,090 | ↑ Top 25% | +0.0% |
| 2023 | $52,983,295 | $651,680 | $1,383,015 | $3,277,245 | ↑ Top 25% | +9.7% |
| 2022 | $62,831,000 | $535,964 | $1,190,250 | $2,842,216 | ↑ Top 25% | +3.3% |
| 2021 | $54,296,700 | $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 | — |