1215 TERJO LN TX 78732
| Owner | 2017 RIVER BEND LP |
|---|---|
| Parcel ID | 0127550401 |
| Short ID | 124011 |
| Type | Real |
| Use Code | 63 Mini-Warehouse / Self-Storage |
| Valuation | Income |
| Improvement SF | 5,123 SF |
| Land SF | 102,366 SF |
| Acres | 2.350 |
| Year Built | 1978 |
| Legal | LOT 11 BLK G RIVER RIDGE |
| Neighborhood | 63NWE |
| Land | $230,324 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $230,324 |
| Improvement | $144,116 |
|---|---|
| Total Improvement | $144,116 |
| Market | $374,440 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $374,440 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $374,440 |
| Taxable Value | $374,440 |
|---|
Appreciation: Market value has fallen -25.0% from $499,516 (2021) to $374,440 (2025), a CAGR of -7.0% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2024→2025), 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 1.7746% in 2025 (+0.0464% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $6,645. Leander ISD is the largest single contributor, at 61.2% 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 62% of market value ($230,324 land vs $144,116 improvements), about $2/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $374,440, this parcel sits in the bottom quartile (<25th 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 -7.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $261,170 by 2030, with an estimated annual tax burden around $3,863. 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.
18 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 12,417 SF | ✗ |
| 1ST | 1st Floor | 4,367 SF | ✓ |
| 095 | HVAC RESIDENTIAL | 1,872 SF | ✗ |
| SO | Sketch Only | 936 SF | ✗ |
| 2ND | 2nd Floor | 756 SF | ✓ |
| 612C | TERRACE UNCOVERD COMM | 484 SF | ✗ |
| 571C | STORAGE DET COMM | 328 SF | ✓ |
| 061C | CARPORT ATT 1ST COMM | 264 SF | ✗ |
| 611 | TERRACE | 160 SF | ✗ |
| 512C | DECK UNCOVRED COMM | 108 SF | ✗ |
| 501 | CANOPY | 84 SF | ✗ |
| 011C | PORCH OPEN 1ST COMM | 72 SF | ✗ |
| 511 | DECK | 48 SF | ✗ |
| 283 | LIVING QTRS FV | 2 SF | ✓ |
| 251 | BATHROOM | 2 SF | ✓ |
| 303 | STAIRWAYS FV | 1 SF | ✓ |
| 299 | ALL FLAT VALUE | 1 SF | ✓ |
| 509 | CANOPY FV | 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 |
|---|---|---|---|---|---|---|---|---|---|
| ILE Leander ISD | 1.3370% | 1.2746% | 1.1087% | 1.0869% | 1.0869% | +0.0000% | $4,069.79 | $4,069.79 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,407.31 | $1,407.31 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $441.93 | $441.93 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $387.17 | $387.17 | Paid |
| E06 Travis County ESD # 06 | 0.1000% | 0.0867% | 0.0831% | 0.0876% | 0.0904% | +0.0028% | $338.49 | $338.49 | Paid |
| Combined Rate | 2.0110% | 1.8769% | 1.6957% | 1.7282% | 1.7746% | +0.0464% | $6,644.69 | $6,644.69 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $380,205 | $374,440 | +1.5% |
| Assessed Value | $380,205 | $374,440 | +1.5% |
| Land Value | $230,324 | $230,324 | +0.0% |
| Improvement Value | $149,881 | $144,116 | +4.0% |
| Taxable Value | $380,205 | $374,440 | +1.5% |
| Total Tax 2026 = estimate |
~$6,747
Estimated
|
~$6,645
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $380,205 | $380,205 | +0 (+0.0%) |
| Taxable Value | $380,205 | $380,205 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $380,205 | $230,324 | $149,881 | — | $380,205 | $380,205 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $374,440 | $230,324 | $144,116 | — | $374,440 | $374,440 | ~$6,645 | Partial |
| 2024 | $483,916 | — | — | −$253,592 | $230,324 | $— | $6,509 | Verified |
| 2023 | $483,916 | — | — | −$253,592 | $230,324 | $— | $8,206 | Verified |
| 2022 | $499,765 | — | — | −$269,441 | $230,324 | $— | $9,083 | Verified |
| 2021 | $499,516 | — | — | −$269,192 | $230,324 | $— | $10,050 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +1.5% | +1.5% | ~100% | Not available | Partial |
| 2025 | -0.6% | -0.6% | ~100% | Not available | Partial |
| 2024 | -26.3% | -26.3% | ~100% | 1.7300% | Verified |
| 2023 | +5.6% | +5.6% | ~100% | 1.6100% | Verified |
| 2022 | -3.2% | -3.2% | ~100% | 1.8800% | Verified |
| 2021 | base year | — | ~100% | 2.0100% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -25.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +1.5% | -4.9% | -7.2% | +1.5% | 2026 | -22.6% | 2025 |
| Assessment Ratio | 100.0% | 64.6% | — | 100.0% | 2025 | 46.1% | 2021 |
| Effective Tax Rate (2025) | 1.7700% | 1.7700% | — | 1.7700% | 2025 | 1.7700% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$6,645 | $8,098 | ~$4,869 | $10,050 | 2021 | $6,509 | 2024 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$348,410 | ~$348,410 | ~1.7155% | ~$5,977 | -7.0% |
| 2027 | ~$324,189 | ~$324,189 | ~1.6564% | ~$5,370 | -13.4% |
| 2028 | ~$301,652 | ~$301,652 | ~1.5973% | ~$4,818 | -19.4% |
| 2029 | ~$280,682 | ~$280,682 | ~1.5382% | ~$4,317 | -25.0% |
| 2030 | ~$261,170 | ~$261,170 | ~1.4791% | ~$3,863 | -30.3% |
| 2026 | ~$355,718 | ~$355,718 | ~1.7746% | ~$6,312 | -5.0% |
| 2027 | ~$337,932 | ~$337,932 | ~1.7746% | ~$5,997 | -9.8% |
| 2028 | ~$321,035 | ~$321,035 | ~1.7746% | ~$5,697 | -14.3% |
| 2029 | ~$304,984 | ~$304,984 | ~1.7746% | ~$5,412 | -18.5% |
| 2030 | ~$289,735 | ~$289,735 | ~1.7746% | ~$5,142 | -22.6% |
| 2026 | ~$355,899 | ~$355,899 | ~1.6859% | ~$6,000 | -5.0% |
| 2027 | ~$338,275 | ~$338,275 | ~1.5973% | ~$5,403 | -9.7% |
| 2028 | ~$321,525 | ~$321,525 | ~1.5086% | ~$4,851 | -14.1% |
| 2029 | ~$305,604 | ~$305,604 | ~1.4199% | ~$4,339 | -18.4% |
| 2030 | ~$290,471 | ~$290,471 | ~1.3313% | ~$3,867 | -22.4% |
In 2025, this property's market value of $374,440 places it in the bottom 25% for Commercial properties in Travis County (13608 comparable) — -74% below 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 | $374,440 | $649,268 | $1,417,484 | $3,347,260 | ↓ Bottom 25% | -0.8% |
| 2024 | $483,916 | $661,016 | $1,438,465 | $3,471,171 | ↓ Bottom 25% | +0.0% |
| 2023 | $483,916 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $499,765 | $553,066 | $1,215,730 | $2,939,150 | ↓ Bottom 25% | +3.3% |
| 2021 | $499,516 | $517,750 | $1,142,600 | $2,780,453 | ↓ Bottom 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.