2407 LAKE AUSTIN BLVD TX 78703
| Owner | FORD COIN REALTY L P |
|---|---|
| Parcel ID | 0110070606 |
| Short ID | 109591 |
| Type | Real |
| Use Code | 30 Strip Center (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 4,080 SF |
| Land SF | 12,142 SF |
| Acres | 0.279 |
| Year Built | 1966 |
| Legal | LOT 1 *AMENDED LTS 1-4 BLK 2 JOHNSONS RIVER ADDN |
| Neighborhood | 30CEN |
| Land | $1,335,620 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,335,620 |
| Improvement | $307,811 |
|---|---|
| Total Improvement | $307,811 |
| Market | $1,643,431 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,643,431 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,643,431 |
| Taxable Value | $1,643,431 |
|---|
Appreciation: Market value has risen +19.5% from $1,375,000 (2021) to $1,643,431 (2025), a CAGR of 4.6% over 4 years. This represents moderate, steady growth. 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 +24.1%, 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 $33,633. 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 81% of market value ($1,335,620 land vs $307,811 improvements), about $110/SF of land. With value concentrated in the land under a ~60-year-old structure, this reads as a land-dominated asset — the classic higher-and-best-use / redevelopment signal. Underwrite the dirt, not the building.
Submarket Position: At $1,643,431, this parcel sits in the upper-middle (50th–75th percentile) of Commercial property in Travis County — county median $1,417,484 (P25 $649,268 / P75 $3,347,260, n=13,608). 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 +4.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,053,820 by 2030, with an estimated annual tax burden around $38,689. 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.
7 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 7,200 SF | ✗ |
| 1ST | 1st Floor | 4,080 SF | ✓ |
| UBSMT | Unfinished Basement | 4,080 SF | ✓ |
| 511 | DECK | 684 SF | ✗ |
| 501 | CANOPY | 216 SF | ✗ |
| 541 | FENCE COMM LF | 120 SF | ✗ |
| 413 | STAIRWAY EXT | 1 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% | $14,340.60 | $14,340.60 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $8,122.26 | $8,122.26 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $5,825.60 | $5,825.60 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,829.36 | $1,829.36 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,602.70 | $1,602.70 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $31,720.52 | $31,720.52 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,663,682 | $1,643,431 | +1.2% |
| Assessed Value | $1,663,682 | $1,643,431 | +1.2% |
| Land Value | $1,335,620 | $1,335,620 | +0.0% |
| Improvement Value | $328,062 | $307,811 | +6.6% |
| Taxable Value | $1,663,682 | $1,643,431 | +1.2% |
| Total Tax 2026 = estimate |
~$34,047
Estimated
|
~$31,721
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,663,682 | $1,663,682 | +0 (+0.0%) |
| Taxable Value | $1,663,682 | $1,663,682 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,663,682 | $1,335,620 | $328,062 | — | $1,663,682 | $1,663,682 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,643,431 | $1,335,620 | $307,811 | — | $1,643,431 | $1,643,431 | ~$31,721 | Partial |
| 2024 | $1,502,833 | — | — | −$167,213 | $1,335,620 | $— | $29,783 | Verified |
| 2023 | $1,335,000 | — | — | — | $1,335,620 ! | $— | $27,190 | Verified |
| 2022 | $1,457,000 | — | — | −$122,000 | $1,335,000 | $— | $26,365 | Verified |
| 2021 | $1,375,000 | — | — | −$39,380 | $1,335,620 | $— | $31,714 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +1.2% | +1.2% | ~100% | Not available | Partial |
| 2025 | +9.4% | +9.4% | ~100% | Not available | Partial |
| 2024 | +0.0% | +0.0% | ~100% | 1.9800% | Verified |
| 2023 | +12.6% | +12.6% | ~100% | 1.8100% | Verified |
| 2022 | -8.4% | -8.4% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.3100% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +12.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +1.2% | +4.2% | +4.3% | +12.6% | 2024 | -8.4% | 2023 |
| Assessment Ratio | 100.0% | 96.3% | — | 100.0% | 2023 | 88.9% | 2024 |
| Effective Tax Rate (2025) | 1.9300% | 1.9300% | — | 1.9300% | 2025 | 1.9300% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$31,721 | $29,355 | ~$36,630 | $31,721 | 2025 | $26,365 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,718,358 | ~$1,718,358 | ~2.0139% | ~$34,607 | +4.6% |
| 2027 | ~$1,796,701 | ~$1,796,701 | ~1.9814% | ~$35,600 | +9.3% |
| 2028 | ~$1,878,616 | ~$1,878,616 | ~1.9488% | ~$36,611 | +14.3% |
| 2029 | ~$1,964,266 | ~$1,964,266 | ~1.9163% | ~$37,641 | +19.5% |
| 2030 | ~$2,053,820 | ~$2,053,820 | ~1.8837% | ~$38,689 | +25.0% |
| 2026 | ~$1,685,489 | ~$1,685,489 | ~2.0465% | ~$34,493 | +2.6% |
| 2027 | ~$1,728,624 | ~$1,728,624 | ~2.0465% | ~$35,376 | +5.2% |
| 2028 | ~$1,772,863 | ~$1,772,863 | ~2.0465% | ~$36,281 | +7.9% |
| 2029 | ~$1,818,234 | ~$1,818,234 | ~2.0465% | ~$37,210 | +10.6% |
| 2030 | ~$1,864,766 | ~$1,864,766 | ~2.0465% | ~$38,162 | +13.5% |
| 2026 | ~$1,751,227 | ~$1,751,227 | ~1.9977% | ~$34,984 | +6.6% |
| 2027 | ~$1,866,093 | ~$1,866,093 | ~1.9488% | ~$36,367 | +13.5% |
| 2028 | ~$1,988,493 | ~$1,988,493 | ~1.9000% | ~$37,782 | +21.0% |
| 2029 | ~$2,118,922 | ~$2,118,922 | ~1.8512% | ~$39,225 | +28.9% |
| 2030 | ~$2,257,906 | ~$2,257,906 | ~1.8024% | ~$40,696 | +37.4% |
In 2025, this property's market value of $1,643,431 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +16% above the county median of $1,417,484. 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 | $1,643,431 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $1,502,833 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $1,335,000 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $1,457,000 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $1,375,000 | $517,750 | $1,142,600 | $2,780,453 | ↑ Above median | 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.