15402 STORM DR TX 78734
| Owner | PURCELL FAMILY PARTNERSHIP LTD |
|---|---|
| Parcel ID | 0147630210 |
| Short ID | 150132 |
| Type | Real |
| Use Code | 83 Service / Repair Garage |
| Valuation | Income |
| Improvement SF | 3,000 SF |
| Land SF | 18,121 SF |
| Acres | 0.416 |
| Year Built | 2006 |
| Legal | LOT 88 CARDINAL HILLS ESTATES UNIT 14 |
| Neighborhood | 83SWE |
| Land | $54,363 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $54,363 |
| Improvement | $322,721 |
|---|---|
| Total Improvement | $322,721 |
| Market | $377,084 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $377,084 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $377,084 |
| Taxable Value | $377,084 |
|---|
Appreciation: Market value has risen +35.7% from $277,802 (2021) to $377,084 (2025), a CAGR of 7.9% over 4 years. This represents moderate, steady growth. Most of this growth came in a single year (2023→2024), 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 outpaced the broader commercial market over the same period.
Tax Burden: The combined rate across 5 taxing entities is 1.6800% in 2025 (+0.0211% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $6,335. Lake Travis ISD is the largest single contributor, at 61.9% 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 14% of market value ($54,363 land vs $322,721 improvements), about $3/SF of land. Most value sits in the improvements, so building condition, age (~20 yrs), and rent roll drive the underwriting.
Submarket Position: At $377,084, 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 +7.9% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $552,480 by 2030, with an estimated annual tax burden around $8,065. 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.
4 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 3,000 SF | ✓ |
| 483 | LIVING QUARTERS | 684 SF | ✓ |
| 541 | FENCE COMM LF | 560 SF | ✗ |
| 551 | PAVED AREA | 408 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% | $3,920.54 | $3,920.54 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,417.25 | $1,417.25 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $445.05 | $445.05 | Paid |
| E06 Travis County ESD # 06 | 0.1000% | 0.0867% | 0.0831% | 0.0876% | 0.0904% | +0.0028% | $340.88 | $340.88 | Paid |
| W17 WCID # 17 | 0.0568% | 0.0543% | 0.0533% | 0.0533% | 0.0560% | +0.0027% | $211.17 | $211.17 | Paid |
| Combined Rate | 1.8561% | 1.7700% | 1.6158% | 1.6589% | 1.6800% | +0.0211% | $6,334.89 | $6,334.89 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $377,084 | $377,084 | +0.0% |
| Assessed Value | $377,084 | $377,084 | +0.0% |
| Land Value | $54,363 | $54,363 | +0.0% |
| Improvement Value | $322,721 | $322,721 | +0.0% |
| Taxable Value | $377,084 | $377,084 | +0.0% |
| Total Tax 2026 = estimate |
~$6,335
Estimated
|
~$6,335
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $428,107 | $377,084 | -51,023 (-11.9%) |
| Taxable Value | $428,107 | $377,084 | -51,023 (-11.9%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $377,084 | $54,363 | $322,721 | — | $377,084 | $377,084 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $377,084 | $54,363 | $322,721 | — | $377,084 | $377,084 | ~$6,335 | Partial |
| 2024 | $406,564 | — | — | −$352,201 | $54,363 | $— | $6,256 | Verified |
| 2023 | $215,188 | — | — | −$188,007 | $27,181 | $— | $6,569 | Verified |
| 2022 | $276,524 | — | — | −$249,343 | $27,181 | $— | $3,809 | Verified |
| 2021 | $277,802 | — | — | −$250,621 | $27,181 | $— | $5,132 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +13.5% | +13.5% | ~100% | Not available | Partial |
| 2025 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2024 | -7.3% | -7.3% | ~100% | 1.6600% | Verified |
| 2023 | -12.5% | -12.5% | ~100% | 1.6200% | Verified |
| 2022 | +68.1% | +68.1% | ~100% | 0.8200% | Verified |
| 2021 | base year | — | ~100% | 1.8500% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +36.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +11.8% | +7.9% | +88.9% | 2024 | -22.2% | 2023 |
| Assessment Ratio | 100.0% | 40.9% | — | 100.0% | 2025 | 9.8% | 2021 |
| Effective Tax Rate (2025) | 1.6800% | 1.6800% | — | 1.6800% | 2025 | 1.6800% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$6,335 | $5,620 | ~$7,351 | $6,569 | 2023 | $3,809 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$407,018 | ~$407,018 | ~1.6359% | ~$6,659 | +7.9% |
| 2027 | ~$439,329 | ~$439,329 | ~1.5919% | ~$6,994 | +16.5% |
| 2028 | ~$474,204 | ~$474,204 | ~1.5479% | ~$7,340 | +25.8% |
| 2029 | ~$511,848 | ~$511,848 | ~1.5039% | ~$7,697 | +35.7% |
| 2030 | ~$552,480 | ~$552,480 | ~1.4598% | ~$8,065 | +46.5% |
| 2026 | ~$399,476 | ~$399,476 | ~1.6800% | ~$6,711 | +5.9% |
| 2027 | ~$423,199 | ~$423,199 | ~1.6800% | ~$7,110 | +12.2% |
| 2028 | ~$448,330 | ~$448,330 | ~1.6800% | ~$7,532 | +18.9% |
| 2029 | ~$474,953 | ~$474,953 | ~1.6800% | ~$7,979 | +26.0% |
| 2030 | ~$503,157 | ~$503,157 | ~1.6800% | ~$8,453 | +33.4% |
| 2026 | ~$414,560 | ~$414,560 | ~1.6139% | ~$6,691 | +9.9% |
| 2027 | ~$455,760 | ~$455,760 | ~1.5479% | ~$7,055 | +20.9% |
| 2028 | ~$501,055 | ~$501,055 | ~1.4818% | ~$7,425 | +32.9% |
| 2029 | ~$550,852 | ~$550,852 | ~1.4158% | ~$7,799 | +46.1% |
| 2030 | ~$605,597 | ~$605,597 | ~1.3498% | ~$8,174 | +60.6% |
In 2025, this property's market value of $377,084 places it in the bottom 25% for Commercial properties in Travis County (13608 comparable) — -73% 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 | $377,084 | $649,268 | $1,417,484 | $3,347,260 | ↓ Bottom 25% | -0.8% |
| 2024 | $406,564 | $661,016 | $1,438,465 | $3,471,171 | ↓ Bottom 25% | +0.0% |
| 2023 | $215,188 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $276,524 | $553,066 | $1,215,730 | $2,939,150 | ↓ Bottom 25% | +3.3% |
| 2021 | $277,802 | $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.