3447 NORTHLAND DR TX 78731
| Owner | FARA FOUNDATION |
|---|---|
| Parcel ID | 0132031211 |
| Short ID | 128101 |
| Type | Real |
| Use Code | 20 Small Store (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 1,772 SF |
| Land SF | 14,276 SF |
| Acres | 0.328 |
| Year Built | 1968 |
| Legal | LOT 1 RESUB OF LOT 6-8 MCCARTY TRIANGLE |
| Neighborhood | 20CEN |
| Land | $342,624 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $342,624 |
| Improvement | $602,302 |
|---|---|
| Total Improvement | $602,302 |
| Market | $944,926 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $944,926 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $944,926 |
| Taxable Value | $944,926 |
|---|
Appreciation: Market value has risen +15.2% from $820,030 (2021) to $944,926 (2025), a CAGR of 3.6% 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 2.0465% in 2025 (+0.0647% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $19,338. 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 36% of market value ($342,624 land vs $602,302 improvements), about $24/SF of land. Most value sits in the improvements, so building condition, age (~58 yrs), and rent roll drive the underwriting.
Submarket Position: At $944,926, this parcel sits in the lower-middle (25th–50th 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 +3.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,128,127 by 2030, with an estimated annual tax burden around $21,251. 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.
3 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 11,080 SF | ✗ |
| SO | Sketch Only | 2,174 SF | ✗ |
| 1ST | 1st Floor | 1,772 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% | $8,742.46 | $8,742.46 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $4,951.57 | $4,951.57 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,551.46 | $3,551.46 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,115.23 | $1,115.23 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $977.05 | $977.05 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $19,337.77 | $19,337.77 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $900,000 | $944,926 | -4.8% |
| Assessed Value | $900,000 | $944,926 | -4.8% |
| Land Value | $342,624 | $342,624 | +0.0% |
| Improvement Value | $557,376 | $602,302 | -7.5% |
| Taxable Value | $900,000 | $944,926 | -4.8% |
| Total Tax 2026 = estimate |
~$18,418
Estimated
|
~$19,338
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,024,770 | $900,000 | -124,770 (-12.2%) |
| Taxable Value | $1,024,770 | $900,000 | -124,770 (-12.2%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $900,000 | $342,624 | $557,376 | — | $900,000 | $900,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $944,926 | $342,624 | $602,302 | — | $944,926 | $944,926 | ~$19,338 | Partial |
| 2024 | $850,000 | — | — | −$507,376 | $342,624 | $— | $17,044 | Verified |
| 2023 | $835,000 | — | — | −$492,376 | $342,624 | $— | $15,379 | Verified |
| 2022 | $800,000 | — | — | −$400,272 | $399,728 | $— | $16,491 | Verified |
| 2021 | $820,030 | — | — | −$420,302 | $399,728 | $— | $17,413 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +8.4% | +8.4% | ~100% | Not available | Partial |
| 2025 | +9.9% | +9.9% | ~100% | Not available | Partial |
| 2024 | -7.6% | -7.6% | ~100% | 1.9800% | Verified |
| 2023 | +8.0% | +8.0% | ~100% | 1.6500% | Verified |
| 2022 | +4.4% | +4.4% | ~100% | 1.9100% | Verified |
| 2021 | base year | — | ~100% | 2.1200% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +14.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -4.8% | +2.0% | +4.6% | +11.2% | 2025 | -4.8% | 2026 |
| Assessment Ratio | 100.0% | 63.3% | — | 100.0% | 2025 | 40.3% | 2024 |
| 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 |
$19,338 | $17,133 | ~$20,482 | $19,338 | 2025 | $15,379 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$979,016 | ~$979,016 | ~2.0139% | ~$19,717 | +3.6% |
| 2027 | ~$1,014,336 | ~$1,014,336 | ~1.9814% | ~$20,098 | +7.3% |
| 2028 | ~$1,050,930 | ~$1,050,930 | ~1.9488% | ~$20,481 | +11.2% |
| 2029 | ~$1,088,844 | ~$1,088,844 | ~1.9163% | ~$20,865 | +15.2% |
| 2030 | ~$1,128,127 | ~$1,128,127 | ~1.8837% | ~$21,251 | +19.4% |
| 2026 | ~$960,118 | ~$960,118 | ~2.0465% | ~$19,649 | +1.6% |
| 2027 | ~$975,553 | ~$975,553 | ~2.0465% | ~$19,965 | +3.2% |
| 2028 | ~$991,237 | ~$991,237 | ~2.0465% | ~$20,286 | +4.9% |
| 2029 | ~$1,007,173 | ~$1,007,173 | ~2.0465% | ~$20,612 | +6.6% |
| 2030 | ~$1,023,366 | ~$1,023,366 | ~2.0465% | ~$20,943 | +8.3% |
| 2026 | ~$997,915 | ~$997,915 | ~1.9977% | ~$19,935 | +5.6% |
| 2027 | ~$1,053,875 | ~$1,053,875 | ~1.9488% | ~$20,538 | +11.5% |
| 2028 | ~$1,112,973 | ~$1,112,973 | ~1.9000% | ~$21,147 | +17.8% |
| 2029 | ~$1,175,385 | ~$1,175,385 | ~1.8512% | ~$21,759 | +24.4% |
| 2030 | ~$1,241,297 | ~$1,241,297 | ~1.8024% | ~$22,373 | +31.4% |
In 2025, this property's market value of $944,926 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -33% 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 | $944,926 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $850,000 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $835,000 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $800,000 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $820,030 | $517,750 | $1,142,600 | $2,780,453 | ↓ Below 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.