5113 SOUTHWEST PKWY TX 78735
| Owner | TRAVIS OAKS OWNER LLC |
|---|---|
| Parcel ID | 0407270213 |
| Short ID | 310506 |
| Type | Real |
| Use Code | 51 Office Large (>35,000 SF) |
| Valuation | Income |
| Improvement SF | 123,500 SF |
| Land SF | 435,121 SF |
| Acres | 9.989 |
| Year Built | 2001 |
| Legal | 9.989 OF LOT 2 BUAAS & GAGE SUBD |
| Neighborhood | 51SWE |
| Land | $3,132,871 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $3,132,871 |
| Improvement | $24,129,375 |
|---|---|
| Total Improvement | $24,129,375 |
| Market | $27,262,246 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $27,262,246 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $27,262,246 |
| Taxable Value | $27,262,246 |
|---|
Appreciation: Market value has fallen -27.2% from $37,462,938 (2021) to $27,262,246 (2025), a CAGR of -7.6% 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 $557,918. 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 11% of market value ($3,132,871 land vs $24,129,375 improvements), about $7/SF of land. Most value sits in the improvements, so building condition, age (~25 yrs), and rent roll drive the underwriting.
Submarket Position: At $27,262,246, 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 -6.8% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $18,558,618 by 2031, with an estimated annual tax burden around $349,597. 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 |
|---|---|---|---|
| 187 | PARKING GARAGE | 186,960 SF | ✓ |
| 1ST | 1st Floor | 123,500 SF | ✓ |
| 551 | PAVED AREA | 40,000 SF | ✗ |
| 482 | LIGHT POLES | 8 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% | $252,230.30 | $252,230.30 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $142,858.80 | $142,858.80 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $102,463.79 | $102,463.79 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $32,175.72 | $32,175.72 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $28,189.16 | $28,189.16 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $557,917.77 | $557,917.77 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $252,230.30 | 45.2% |
| CAT City of Austin | 0.5240% | $142,858.80 | 25.6% |
| TCO Travis County | 0.3758% | $102,463.79 | 18.4% |
| THD Travis Central Health | 0.1180% | $32,175.72 | 5.8% |
| ACT Austin Community College | 0.1034% | $28,189.16 | 5.1% |
| Total | 2.0465% | $557,917.77 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $26,367,790 | $27,262,246 | -3.3% |
| Assessed Value | $26,367,790 | $27,262,246 | -3.3% |
| Land Value | $3,132,871 | $3,132,871 | +0.0% |
| Improvement Value | $23,234,919 | $24,129,375 | -3.7% |
| Taxable Value | $26,367,790 | $27,262,246 | -3.3% |
| Total Tax 2026 = estimate |
~$539,613
Estimated
|
~$557,918
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $26,367,790 | $3,132,871 | $23,234,919 | — | $26,367,790 | $26,367,790 | Not yet — post-cert | Preliminary |
| 2025 | $27,262,246 | $3,132,871 | $24,129,375 | — | $27,262,246 | $27,262,246 | ~$557,918 | Partial |
| 2024 | $31,159,147 | $3,132,871 | $28,026,276 | — | $31,159,147 | $31,159,147 | $575,973 | Verified |
| 2023 | $34,972,055 | $3,132,871 | $31,839,184 | — | $34,972,055 | $34,972,055 | $632,731 | Verified |
| 2022 | $41,200,000 | $3,132,871 | $38,067,129 | — | $41,200,000 | $41,200,000 | $813,668 | Verified |
| 2021 | $37,462,938 | $3,132,871 | $34,330,067 | — | $37,462,938 | $37,462,938 | $815,448 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -3.3% | -3.3% | ~100% | Not available | Partial |
| 2025 | -12.5% | -12.5% | ~100% | Not available | Partial |
| 2024 | -10.9% | -10.9% | ~100% | No billing data | Verified |
| 2023 | -15.1% | -15.1% | ~100% | No billing data | Verified |
| 2022 | +10.0% | +10.0% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): -27.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -3.3% | -6.4% | -6.8% | +10.0% | 2022 | -15.1% | 2023 |
| 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 |
$557,918 | $679,148 | ~$419,266 | $815,448 | 2021 | $557,918 | 2025 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$24,579,221 | ~$24,579,221 | ~2.0139% | ~$495,010 | -6.8% |
| 2028 | ~$22,911,973 | ~$22,911,973 | ~1.9814% | ~$453,975 | -13.1% |
| 2029 | ~$21,357,817 | ~$21,357,817 | ~1.9488% | ~$416,230 | -19.0% |
| 2030 | ~$19,909,083 | ~$19,909,083 | ~1.9163% | ~$381,516 | -24.5% |
| 2031 | ~$18,558,618 | ~$18,558,618 | ~1.8837% | ~$349,597 | -29.6% |
| 2027 | ~$25,049,400 | ~$25,049,400 | ~2.0465% | ~$512,632 | -5.0% |
| 2028 | ~$23,796,930 | ~$23,796,930 | ~2.0465% | ~$487,001 | -9.8% |
| 2029 | ~$22,607,084 | ~$22,607,084 | ~2.0465% | ~$462,651 | -14.3% |
| 2030 | ~$21,476,730 | ~$21,476,730 | ~2.0465% | ~$439,518 | -18.5% |
| 2031 | ~$20,402,893 | ~$20,402,893 | ~2.0465% | ~$417,542 | -22.6% |
| 2027 | ~$25,106,577 | ~$25,106,577 | ~1.9977% | ~$501,545 | -4.8% |
| 2028 | ~$23,905,689 | ~$23,905,689 | ~1.9488% | ~$465,884 | -9.3% |
| 2029 | ~$22,762,242 | ~$22,762,242 | ~1.9000% | ~$432,486 | -13.7% |
| 2030 | ~$21,673,488 | ~$21,673,488 | ~1.8512% | ~$401,218 | -17.8% |
| 2031 | ~$20,636,810 | ~$20,636,810 | ~1.8024% | ~$371,952 | -21.7% |
In 2025, this property's market value of $27,262,246 places it in the top 25% for Commercial properties in Travis County (13595 comparable) — 20× 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 | $27,262,246 | $632,506 | $1,382,921 | $3,258,143 | ↑ Top 25% | -0.8% |
| 2024 | $31,159,147 | $647,500 | $1,401,787 | $3,362,090 | ↑ Top 25% | +0.0% |
| 2023 | $34,972,055 | $651,680 | $1,383,015 | $3,277,245 | ↑ Top 25% | +9.7% |
| 2022 | $41,200,000 | $535,964 | $1,190,250 | $2,842,216 | ↑ Top 25% | +3.3% |
| 2021 | $37,462,938 | $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 | — |