508 WEST LYNN ST TX 78703
| Owner | OGDEN RENTALS LP |
|---|---|
| Parcel ID | 0109040513 |
| Short ID | 107147 |
| Type | Real |
| Use Code | 00 (unlisted) |
| Valuation | Cost |
| Improvement SF | — |
| Land SF | 3,250 SF |
| Acres | 0.075 |
| Year Built | — |
| Legal | S 50 FT LOT 11 BLK 1 GRAHAM R NILES ADDN |
| Neighborhood | 1CBD2 |
| Land | $812,500 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $812,500 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $457,867 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $457,867 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $457,867 |
| Taxable Value | $457,867 |
|---|
Appreciation: Market value has risen +28.1% from $357,500 (2021) to $457,867 (2025), a CAGR of 6.4% over 4 years. This represents moderate, steady growth. Most of this growth came in a single year (2025→2026), not a steady climb — worth checking what drove that reappraisal rather than assuming a smooth trend. Over the same span, the median Land/Vacant parcel countywide rose +487.2%, so this parcel has lagged the broader land/vacant 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 $9,370. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Asset Class: Land / Vacant. This is valued using the cost approach, tied more to replacement cost and physical condition than to income performance.
Value Composition: Land carries 177% of market value ($812,500 land vs $0 improvements), about $250/SF of land. With value concentrated in the land, this reads as a land-dominated asset — the classic higher-and-best-use / redevelopment signal. Underwrite the dirt, not the building.
Submarket Position: At $457,867, this parcel sits in the top quartile (≥75th percentile) of Land/Vacant property in Travis County — county median $85,028 (P25 $24,862 / P75 $363,420, n=35,611). Land/Vacant here is the broad TCAD category — every land/vacant 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 +6.4% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $623,833 by 2030, with an estimated annual tax burden around $11,751. 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.
1 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 3,250 SF | ✗ |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| 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% | $4,236.19 | $4,236.19 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $2,399.30 | $2,399.30 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,720.87 | $1,720.87 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $540.39 | $540.39 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $473.43 | $473.43 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $9,370.18 | $9,370.18 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $568,750 | $457,867 | +24.2% |
| Assessed Value | $549,440 | $457,867 | +20.0% |
| Land Value | $812,500 | $812,500 | +0.0% |
| Improvement Value | — | — | — |
| Taxable Value | $549,440 | $457,867 | +20.0% |
| HS Cap Loss | -$19,310 | — | |
| Total Tax 2026 = estimate |
~$11,244
Estimated
|
~$9,370
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $568,750 | $568,750 | +0 (+0.0%) |
| Taxable Value | $549,440 | $549,440 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $568,750 | $812,500 | — | −$19,310 | $549,440 | $549,440 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $457,867 | $812,500 | — | — | $457,867 | $457,867 | ~$9,370 | Partial |
| 2024 | $455,000 | — | — | — | $457,867 ! | $— | $9,074 | Verified |
| 2023 | $433,586 | — | — | — | $487,500 ! | $— | $8,232 | Verified |
| 2022 | $357,500 | — | — | — | $433,586 ! | $— | $8,563 | Verified |
| 2021 | $357,500 | — | — | — | $357,500 | $— | $7,782 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +24.2% | +20.0% | 96.6% | Not available | Partial |
| 2025 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2024 | -8.2% | -8.2% | ~100% | 1.9800% | Verified |
| 2023 | +0.0% | +0.0% | ~100% | 1.6500% | Verified |
| 2022 | +39.5% | +39.5% | ~100% | 1.7200% | Verified |
| 2021 | base year | — | ~100% | 2.1800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +28.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +24.2% | +10.2% | +2.2% | +24.2% | 2026 | +0.0% | 2022 |
| Assessment Ratio | 96.6% | 105.1% | — | 121.3% | 2022 | 96.6% | 2026 |
| 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 |
$9,370 | $8,604 | ~$10,762 | $9,370 | 2025 | $7,782 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$487,085 | ~$487,085 | ~2.0139% | ~$9,810 | +6.4% |
| 2027 | ~$518,168 | ~$518,168 | ~1.9814% | ~$10,267 | +13.2% |
| 2028 | ~$551,235 | ~$551,235 | ~1.9488% | ~$10,743 | +20.4% |
| 2029 | ~$586,412 | ~$586,412 | ~1.9163% | ~$11,237 | +28.1% |
| 2030 | ~$623,833 | ~$623,833 | ~1.8837% | ~$11,751 | +36.2% |
| 2026 | ~$477,928 | ~$477,928 | ~2.0465% | ~$9,781 | +4.4% |
| 2027 | ~$498,868 | ~$498,868 | ~2.0465% | ~$10,209 | +9.0% |
| 2028 | ~$520,726 | ~$520,726 | ~2.0465% | ~$10,657 | +13.7% |
| 2029 | ~$543,541 | ~$543,541 | ~2.0465% | ~$11,123 | +18.7% |
| 2030 | ~$567,356 | ~$567,356 | ~2.0465% | ~$11,611 | +23.9% |
| 2026 | ~$496,243 | ~$496,243 | ~1.9977% | ~$9,913 | +8.4% |
| 2027 | ~$537,835 | ~$537,835 | ~1.9488% | ~$10,482 | +17.5% |
| 2028 | ~$582,913 | ~$582,913 | ~1.9000% | ~$11,075 | +27.3% |
| 2029 | ~$631,770 | ~$631,770 | ~1.8512% | ~$11,695 | +38.0% |
| 2030 | ~$684,721 | ~$684,721 | ~1.8024% | ~$12,341 | +49.5% |
In 2025, this property's market value of $457,867 places it in the top 25% for Land/Vacant properties in Travis County (35611 comparable) — 5× the county median of $85,028. Land/Vacant here is the broad TCAD category — every land/vacant 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 | $457,867 | $24,862 | $85,028 | $363,420 | ↑ Top 25% | +2.1% |
| 2024 | $455,000 | $23,000 | $66,000 | $330,000 | ↑ Top 25% | +0.0% |
| 2023 | $433,586 | $25,000 | $71,500 | $271,439 | ↑ Top 25% | +0.0% |
| 2022 | $357,500 | $15,000 | $55,000 | $180,463 | ↑ Top 25% | +100.0% |
| 2021 | $357,500 | $6,000 | $14,480 | $80,000 | ↑ Top 25% | base yr |
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.