5208 ELECTRIC AVE TX 78669
| Owner | MAYES J R INVESTMENTS L L C |
|---|---|
| Parcel ID | 0126960403 |
| Short ID | 123374 |
| Type | Real |
| Use Code | 61 Warehouse (<20,000 SF) |
| Valuation | Cost |
| Improvement SF | 15,186 SF |
| Land SF | 233,046 SF |
| Acres | 5.350 |
| Year Built | 2005 |
| Legal | LOT 105 TRAVIS SETTLEMENT SEC 2 |
| Neighborhood | 61SWE |
| Land | $1,398,276 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,398,276 |
| Improvement | $2,060,458 |
|---|---|
| Total Improvement | $2,060,458 |
| Market | $3,458,734 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $3,458,734 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $3,458,734 |
| Taxable Value | $3,458,734 |
|---|
Appreciation: Market value has risen +45.0% from $2,385,036 (2021) to $3,458,734 (2025), a CAGR of 9.7% over 4 years. This is strong appreciation — well above typical inflation. Growth has been fairly evenly spread across these years rather than concentrated in one jump. Over the same span, the median Commercial parcel countywide rose +24.1%, so this parcel has outpaced the broader commercial market over the same period.
Tax Burden: The combined rate across 4 taxing entities is 1.6266% in 2025 (+0.0256% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $56,259. Lake Travis ISD is the largest single contributor, at 63.9% of the total 2025 levy.
Asset Class: Commercial. No homestead exemptions apply — full market value is taxable. This is valued using the cost approach, tied more to replacement cost and physical condition than to income performance.
Value Composition: Land carries 40% of market value ($1,398,276 land vs $2,060,458 improvements), about $6/SF of land. Most value sits in the improvements, so building condition, age (~21 yrs), and rent roll drive the underwriting.
Submarket Position: At $3,458,734, this parcel sits in the top quartile (≥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 +9.7% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $5,504,209 by 2030, with an estimated annual tax burden around $77,855. 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 |
|---|---|---|---|
| 1ST | 1st Floor | 15,186 SF | ✓ |
| 551 | PAVED AREA | 7,980 SF | ✗ |
| 093 | HVAC COMMRCL SF | 5,246 SF | ✗ |
| 591 | MASONRY TRIM SF | 2,618 SF | ✗ |
| MEZZ | Mezzanine | 2,440 SF | ✓ |
| 881 | COMMCL FINISHOUT | 2,440 SF | ✓ |
| 501 | CANOPY | 260 SF | ✗ |
| 611 | TERRACE | 260 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 |
|---|---|---|---|---|---|---|---|---|---|
| ILT Lake Travis ISD | 1.2301% | 1.2121% | 1.0741% | 1.0656% | 1.0397% | -0.0259% | $35,960.46 | $35,960.46 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $12,999.48 | $12,999.48 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $4,082.10 | $4,082.10 | Paid |
| E08 Travis County ESD # 08 | 0.0970% | 0.0790% | 0.0810% | 0.0830% | 0.0930% | +0.0100% | $3,217.14 | $3,217.14 | Paid |
| Combined Rate | 1.7963% | 1.7080% | 1.5604% | 1.6010% | 1.6266% | +0.0256% | $56,259.18 | $56,259.18 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $3,923,885 | $3,458,734 | +13.4% |
| Assessed Value | $3,923,885 | $3,458,734 | +13.4% |
| Land Value | $1,398,276 | $1,398,276 | +0.0% |
| Improvement Value | $2,525,609 | $2,060,458 | +22.6% |
| Taxable Value | $3,923,885 | $3,458,734 | +13.4% |
| Total Tax 2026 = estimate |
~$63,825
Estimated
|
~$56,259
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $4,311,962 | $3,923,885 | -388,077 (-9.0%) |
| Taxable Value | $4,150,481 | $3,923,885 | -226,596 (-5.5%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $3,923,885 | $1,398,276 | $2,525,609 | — | $3,923,885 | $3,923,885 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $3,458,734 | $1,398,276 | $2,060,458 | — | $3,458,734 | $3,458,734 | ~$56,259 | Partial |
| 2024 | $3,082,890 | — | — | −$1,684,614 | $1,398,276 | $— | $48,572 | Verified |
| 2023 | $3,217,183 | — | — | −$1,818,907 | $1,398,276 | $— | $48,107 | Verified |
| 2022 | $2,845,286 | — | — | −$1,447,010 | $1,398,276 | $— | $54,950 | Verified |
| 2021 | $2,385,036 | — | — | −$1,219,806 | $1,165,230 | $— | $51,109 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +24.7% | +20.0% | 96.3% | Not available | Partial |
| 2025 | +14.0% | +14.0% | ~100% | Not available | Partial |
| 2024 | -1.6% | -1.6% | ~100% | 1.6000% | Verified |
| 2023 | -4.2% | -4.2% | ~100% | 1.5600% | Verified |
| 2022 | +13.1% | +13.1% | ~100% | 1.7100% | Verified |
| 2021 | base year | — | ~100% | 2.1400% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +21.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +13.4% | +10.8% | +7.1% | +19.3% | 2022 | -4.2% | 2024 |
| Assessment Ratio | 100.0% | 64.5% | — | 100.0% | 2025 | 43.5% | 2023 |
| Effective Tax Rate (2025) | 1.6300% | 1.6300% | — | 1.6300% | 2025 | 1.6300% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$56,259 | $51,800 | ~$68,760 | $56,259 | 2025 | $48,107 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$3,795,533 | ~$3,795,533 | ~1.5842% | ~$60,127 | +9.7% |
| 2027 | ~$4,165,127 | ~$4,165,127 | ~1.5417% | ~$64,215 | +20.4% |
| 2028 | ~$4,570,712 | ~$4,570,712 | ~1.4993% | ~$68,529 | +32.1% |
| 2029 | ~$5,015,790 | ~$5,015,790 | ~1.4569% | ~$73,074 | +45.0% |
| 2030 | ~$5,504,209 | ~$5,504,209 | ~1.4145% | ~$77,855 | +59.1% |
| 2026 | ~$3,726,358 | ~$3,726,358 | ~1.6266% | ~$60,612 | +7.7% |
| 2027 | ~$4,014,689 | ~$4,014,689 | ~1.6266% | ~$65,302 | +16.1% |
| 2028 | ~$4,325,331 | ~$4,325,331 | ~1.6266% | ~$70,355 | +25.1% |
| 2029 | ~$4,660,009 | ~$4,660,009 | ~1.6266% | ~$75,799 | +34.7% |
| 2030 | ~$5,020,583 | ~$5,020,583 | ~1.6266% | ~$81,664 | +45.2% |
| 2026 | ~$3,864,707 | ~$3,804,607 | ~1.5629% | ~$59,464 | +11.7% |
| 2027 | ~$4,318,332 | ~$4,185,068 | ~1.4993% | ~$62,747 | +24.9% |
| 2028 | ~$4,825,202 | ~$4,603,575 | ~1.4357% | ~$66,092 | +39.5% |
| 2029 | ~$5,391,566 | ~$5,063,932 | ~1.3720% | ~$69,479 | +55.9% |
| 2030 | ~$6,024,408 | ~$5,570,326 | ~1.3084% | ~$72,882 | +74.2% |
In 2025, this property's market value of $3,458,734 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — +144% 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 | $3,458,734 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $3,082,890 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $3,217,183 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $2,845,286 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $2,385,036 | $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.