3908 FAR WEST BLVD TX 78731
| Owner | CHIMNEY METRO LLC |
|---|---|
| Parcel ID | 0140030802 |
| Short ID | 138483 |
| Type | Real |
| Use Code | 43 Strip Center (>10,000 SF) |
| Valuation | Income |
| Improvement SF | 23,084 SF |
| Land SF | 103,146 SF |
| Acres | 2.368 |
| Year Built | 1978 |
| Legal | LOT B DURE LEN C SUBD NO II |
| Neighborhood | 43NWE |
| Land | $1,547,190 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,547,190 |
| Improvement | $4,506,515 |
|---|---|
| Total Improvement | $4,506,515 |
| Market | $6,053,705 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $6,053,705 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $6,053,705 |
| Taxable Value | $6,053,705 |
|---|
Appreciation: Market value has fallen -2.8% from $6,227,586 (2021) to $6,053,705 (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 $123,888. 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 26% of market value ($1,547,190 land vs $4,506,515 improvements), about $15/SF of land. Most value sits in the improvements, so building condition, age (~48 yrs), and rent roll drive the underwriting.
Submarket Position: At $6,053,705, 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 $5,843,165 by 2030, with an estimated annual tax burden around $110,070. 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.
10 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 45,000 SF | ✗ |
| 1ST | 1st Floor | 22,748 SF | ✓ |
| SO | Sketch Only | 22,748 SF | ✗ |
| 611 | TERRACE | 4,984 SF | ✗ |
| 501 | CANOPY | 2,590 SF | ✗ |
| 327 | STORAGE COMM'L | 1,010 SF | ✓ |
| 881 | COMMCL FINISHOUT | 875 SF | ✓ |
| 591 | MASONRY TRIM SF | 450 SF | ✗ |
| 2ND | 2nd Floor | 336 SF | ✓ |
| 521 | FIREPLACE | 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% | $56,008.88 | $56,008.88 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $31,722.44 | $31,722.44 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $22,752.55 | $22,752.55 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $7,144.76 | $7,144.76 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $6,259.53 | $6,259.53 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $123,888.16 | $123,888.16 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $6,147,691 | $6,053,705 | +1.6% |
| Assessed Value | $6,147,691 | $6,053,705 | +1.6% |
| Land Value | $1,547,190 | $1,547,190 | +0.0% |
| Improvement Value | $4,600,501 | $4,506,515 | +2.1% |
| Taxable Value | $6,147,691 | $6,053,705 | +1.6% |
| Total Tax 2026 = estimate |
~$125,812
Estimated
|
~$123,888
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $6,147,691 | $6,147,691 | +0 (+0.0%) |
| Taxable Value | $6,147,691 | $6,147,691 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $6,147,691 | $1,547,190 | $4,600,501 | — | $6,147,691 | $6,147,691 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $6,053,705 | $1,547,190 | $4,506,515 | — | $6,053,705 | $6,053,705 | ~$123,888 | Partial |
| 2024 | $5,966,847 | — | — | −$4,419,657 | $1,547,190 | $— | $122,104 | Verified |
| 2023 | $5,710,186 | — | — | −$4,162,996 | $1,547,190 | $— | $107,955 | Verified |
| 2022 | $5,500,000 | — | — | −$3,952,810 | $1,547,190 | $— | $112,772 | Verified |
| 2021 | $6,227,586 | — | — | −$4,680,396 | $1,547,190 | $— | $119,717 | 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 | +3.8% | +3.8% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 1.9200% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +10.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +1.6% | -0.1% | -1.0% | +4.5% | 2024 | -11.7% | 2022 |
| Assessment Ratio | 100.0% | 51.0% | — | 100.0% | 2025 | 24.8% | 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 |
$123,888 | $117,287 | ~$115,531 | $123,888 | 2025 | $107,955 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$6,010,999 | ~$6,010,999 | ~2.0139% | ~$121,058 | -0.7% |
| 2027 | ~$5,968,594 | ~$5,968,594 | ~1.9814% | ~$118,261 | -1.4% |
| 2028 | ~$5,926,488 | ~$5,926,488 | ~1.9488% | ~$115,498 | -2.1% |
| 2029 | ~$5,884,679 | ~$5,884,679 | ~1.9163% | ~$112,768 | -2.8% |
| 2030 | ~$5,843,165 | ~$5,843,165 | ~1.8837% | ~$110,070 | -3.5% |
| 2026 | ~$5,889,925 | ~$5,889,925 | ~2.0465% | ~$120,536 | -2.7% |
| 2027 | ~$5,730,575 | ~$5,730,575 | ~2.0465% | ~$117,275 | -5.3% |
| 2028 | ~$5,575,537 | ~$5,575,537 | ~2.0465% | ~$114,103 | -7.9% |
| 2029 | ~$5,424,693 | ~$5,424,693 | ~2.0465% | ~$111,016 | -10.4% |
| 2030 | ~$5,277,930 | ~$5,277,930 | ~2.0465% | ~$108,012 | -12.8% |
| 2026 | ~$6,132,073 | ~$6,132,073 | ~1.9977% | ~$122,498 | +1.3% |
| 2027 | ~$6,211,455 | ~$6,211,455 | ~1.9488% | ~$121,051 | +2.6% |
| 2028 | ~$6,291,865 | ~$6,291,865 | ~1.9000% | ~$119,546 | +3.9% |
| 2029 | ~$6,373,316 | ~$6,373,316 | ~1.8512% | ~$117,982 | +5.3% |
| 2030 | ~$6,455,821 | ~$6,455,821 | ~1.8024% | ~$116,358 | +6.6% |
In 2025, this property's market value of $6,053,705 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 4× 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 | $6,053,705 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $5,966,847 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $5,710,186 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $5,500,000 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $6,227,586 | $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.