3563 FAR WEST BLVD TX 78731
| Owner | FAR WEST & WOODHOLLOW LTD |
|---|---|
| Parcel ID | 0139020303 |
| Short ID | 136161 |
| Type | Real |
| Use Code | 42 Neighborhood Shopping Center |
| Valuation | Income |
| Improvement SF | 39,502 SF |
| Land SF | 140,015 SF |
| Acres | 3.214 |
| Year Built | 1977 |
| Legal | LOT 2 BLK D & LOT 3 SEC 2 NORTHWEST HILLS VILLAGE CENTER |
| Neighborhood | 43NWE |
| Land | $4,900,522 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $4,900,522 |
| Improvement | $3,390,398 |
|---|---|
| Total Improvement | $3,390,398 |
| Market | $8,290,920 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $8,290,920 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $8,290,920 |
| Taxable Value | $8,290,920 |
|---|
Appreciation: Market value has fallen -2.8% from $8,529,100 (2021) to $8,290,920 (2025), a CAGR of -0.7% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2021→2022), 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 $169,672. 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 59% of market value ($4,900,522 land vs $3,390,398 improvements), about $35/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $8,290,920, 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 -0.7% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $8,002,527 by 2030, with an estimated annual tax burden around $150,747. 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.
9 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 83,336 SF | ✗ |
| SO | Sketch Only | 39,634 SF | ✗ |
| 1ST | 1st Floor | 39,502 SF | ✓ |
| 491 | SPRINKLER HEADS | 21,496 SF | ✗ |
| 611 | TERRACE | 7,438 SF | ✗ |
| 501 | CANOPY | 3,596 SF | ✗ |
| 482 | LIGHT POLES | 3 SF | ✓ |
| 521 | FIREPLACE | 1 SF | ✓ |
| MISC | Miscellaneous | 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% | $76,707.59 | $76,707.59 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $43,445.83 | $43,445.83 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $31,161.01 | $31,161.01 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $9,785.19 | $9,785.19 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $8,572.81 | $8,572.81 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $169,672.43 | $169,672.43 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $8,419,652 | $8,290,920 | +1.6% |
| Assessed Value | $8,419,652 | $8,290,920 | +1.6% |
| Land Value | $4,900,522 | $4,900,522 | +0.0% |
| Improvement Value | $3,519,130 | $3,390,398 | +3.8% |
| Taxable Value | $8,419,652 | $8,290,920 | +1.6% |
| Total Tax 2026 = estimate |
~$172,307
Estimated
|
~$169,672
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $8,419,652 | $8,419,652 | +0 (+0.0%) |
| Taxable Value | $8,419,652 | $8,419,652 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $8,419,652 | $4,900,522 | $3,519,130 | — | $8,419,652 | $8,419,652 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $8,290,920 | $4,900,522 | $3,390,398 | — | $8,290,920 | $8,290,920 | ~$169,672 | Partial |
| 2024 | $8,171,975 | — | — | −$3,271,453 | $4,900,522 | $— | $167,229 | Verified |
| 2023 | $7,820,486 | — | — | −$5,020,188 | $2,800,298 | $— | $147,851 | Verified |
| 2022 | $7,568,524 | — | — | −$4,768,226 | $2,800,298 | $— | $154,449 | Verified |
| 2021 | $8,529,100 | — | — | −$6,428,876 | $2,100,224 | $— | $164,742 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +1.6% | +1.6% | ~100% | Not available | Partial |
| 2025 | -1.7% | -1.7% | ~100% | Not available | Partial |
| 2024 | +3.3% | +3.3% | ~100% | 1.9800% | Verified |
| 2023 | +4.5% | +4.5% | ~100% | 1.8100% | Verified |
| 2022 | +3.3% | +3.3% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 1.9300% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +9.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +1.6% | -0.1% | -1.0% | +4.5% | 2024 | -11.3% | 2022 |
| Assessment Ratio | 100.0% | 59.6% | — | 100.0% | 2025 | 24.6% | 2021 |
| 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 |
$169,672 | $160,789 | ~$158,226 | $169,672 | 2025 | $147,851 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$8,232,422 | ~$8,232,422 | ~2.0139% | ~$165,796 | -0.7% |
| 2027 | ~$8,174,336 | ~$8,174,336 | ~1.9814% | ~$161,965 | -1.4% |
| 2028 | ~$8,116,660 | ~$8,116,660 | ~1.9488% | ~$158,181 | -2.1% |
| 2029 | ~$8,059,391 | ~$8,059,391 | ~1.9163% | ~$154,441 | -2.8% |
| 2030 | ~$8,002,527 | ~$8,002,527 | ~1.8837% | ~$150,747 | -3.5% |
| 2026 | ~$8,066,603 | ~$8,066,603 | ~2.0465% | ~$165,082 | -2.7% |
| 2027 | ~$7,848,355 | ~$7,848,355 | ~2.0465% | ~$160,615 | -5.3% |
| 2028 | ~$7,636,013 | ~$7,636,013 | ~2.0465% | ~$156,270 | -7.9% |
| 2029 | ~$7,429,415 | ~$7,429,415 | ~2.0465% | ~$152,042 | -10.4% |
| 2030 | ~$7,228,407 | ~$7,228,407 | ~2.0465% | ~$147,928 | -12.8% |
| 2026 | ~$8,398,240 | ~$8,398,240 | ~1.9977% | ~$167,768 | +1.3% |
| 2027 | ~$8,506,949 | ~$8,506,949 | ~1.9488% | ~$165,787 | +2.6% |
| 2028 | ~$8,617,066 | ~$8,617,066 | ~1.9000% | ~$163,726 | +3.9% |
| 2029 | ~$8,728,607 | ~$8,728,607 | ~1.8512% | ~$161,583 | +5.3% |
| 2030 | ~$8,841,593 | ~$8,841,593 | ~1.8024% | ~$159,358 | +6.6% |
In 2025, this property's market value of $8,290,920 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 6× 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 | $8,290,920 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $8,171,975 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $7,820,486 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $7,568,524 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $8,529,100 | $517,750 | $1,142,600 | $2,780,453 | ↑ 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.