5405 BLUFFSTONE LN TX 78759
| Owner | PROMINENT POINTE OWNER LP |
|---|---|
| Parcel ID | 0150050309 |
| Short ID | 767984 |
| Type | Real |
| Use Code | 51 Office Large (>35,000 SF) |
| Valuation | Income |
| Improvement SF | 105,224 SF |
| Land SF | 139,218 SF |
| Acres | 3.196 |
| Year Built | 2007 |
| Legal | LOT 2 BLK A PROMINENT POINTE SUBD |
| Neighborhood | 51NWE |
| Land | $1,587,082 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,587,082 |
| Improvement | $24,897,405 |
|---|---|
| Total Improvement | $24,897,405 |
| Market | $26,484,487 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $26,484,487 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $26,484,487 |
| Taxable Value | $26,484,487 |
|---|
Appreciation: Market value has fallen -25.7% from $35,642,000 (2021) to $26,484,487 (2025), a CAGR of -7.2% 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 $542,001. 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 6% of market value ($1,587,082 land vs $24,897,405 improvements), about $11/SF of land. Most value sits in the improvements, so building condition, age (~19 yrs), and rent roll drive the underwriting.
Submarket Position: At $26,484,487, 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 -7.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $18,271,678 by 2030, with an estimated annual tax burden around $344,191. 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.
5 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 35,074 SF | ✓ |
| 2ND | 2nd Floor | 35,074 SF | ✓ |
| 3RD | 3rd Floor | 35,074 SF | ✓ |
| 551 | PAVED AREA | 27,405 SF | ✗ |
| 501 | CANOPY | 234 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% | $245,034.47 | $245,034.47 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $138,783.21 | $138,783.21 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $99,540.62 | $99,540.62 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $31,257.79 | $31,257.79 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $27,384.96 | $27,384.96 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $542,001.05 | $542,001.05 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $24,155,958 | $26,484,487 | -8.8% |
| Assessed Value | $24,155,958 | $26,484,487 | -8.8% |
| Land Value | $1,587,082 | $1,587,082 | +0.0% |
| Improvement Value | $22,568,876 | $24,897,405 | -9.4% |
| Taxable Value | $24,155,958 | $26,484,487 | -8.8% |
| Total Tax 2026 = estimate |
~$494,348
Estimated
|
~$542,001
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $24,155,958 | $24,155,958 | +0 (+0.0%) |
| Taxable Value | $24,155,958 | $24,155,958 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $24,155,958 | $1,587,082 | $22,568,876 | — | $24,155,958 | $24,155,958 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $26,484,487 | $1,587,082 | $24,897,405 | — | $26,484,487 | $26,484,487 | ~$542,001 | Partial |
| 2024 | $32,604,737 | — | — | −$31,017,655 | $1,587,082 | $— | $530,618 | Verified |
| 2023 | $38,300,000 | — | — | −$36,712,918 | $1,587,082 | $— | $592,695 | Verified |
| 2022 | $35,700,000 | — | — | −$34,641,945 | $1,058,055 | $— | $757,424 | Verified |
| 2021 | $35,642,000 | — | — | −$34,583,945 | $1,058,055 | $— | $778,553 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -8.8% | -8.8% | ~100% | Not available | Partial |
| 2025 | -5.9% | -5.9% | ~100% | Not available | Partial |
| 2024 | -20.6% | -20.6% | ~100% | 1.8900% | Verified |
| 2023 | -9.9% | -9.9% | ~100% | 1.6700% | Verified |
| 2022 | +6.0% | +6.0% | ~100% | 1.9300% | Verified |
| 2021 | base year | — | ~100% | 2.1800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -28.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -8.8% | -7.0% | -5.4% | +7.3% | 2023 | -18.8% | 2025 |
| Assessment Ratio | 100.0% | 35.8% | — | 100.0% | 2025 | 3.0% | 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 |
$542,001 | $640,258 | ~$416,393 | $778,553 | 2021 | $530,618 | 2024 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$24,589,457 | ~$24,589,457 | ~2.0139% | ~$495,216 | -7.2% |
| 2027 | ~$22,830,021 | ~$22,830,021 | ~1.9814% | ~$452,351 | -13.8% |
| 2028 | ~$21,196,477 | ~$21,196,477 | ~1.9488% | ~$413,085 | -20.0% |
| 2029 | ~$19,679,817 | ~$19,679,817 | ~1.9163% | ~$377,123 | -25.7% |
| 2030 | ~$18,271,678 | ~$18,271,678 | ~1.8837% | ~$344,191 | -31.0% |
| 2026 | ~$25,160,263 | ~$25,160,263 | ~2.0465% | ~$514,901 | -5.0% |
| 2027 | ~$23,902,250 | ~$23,902,250 | ~2.0465% | ~$489,156 | -9.7% |
| 2028 | ~$22,707,137 | ~$22,707,137 | ~2.0465% | ~$464,698 | -14.3% |
| 2029 | ~$21,571,780 | ~$21,571,780 | ~2.0465% | ~$441,463 | -18.5% |
| 2030 | ~$20,493,191 | ~$20,493,191 | ~2.0465% | ~$419,390 | -22.6% |
| 2026 | ~$25,119,147 | ~$25,119,147 | ~1.9977% | ~$501,796 | -5.2% |
| 2027 | ~$23,824,193 | ~$23,824,193 | ~1.9488% | ~$464,295 | -10.0% |
| 2028 | ~$22,595,998 | ~$22,595,998 | ~1.9000% | ~$429,328 | -14.7% |
| 2029 | ~$21,431,119 | ~$21,431,119 | ~1.8512% | ~$396,732 | -19.1% |
| 2030 | ~$20,326,292 | ~$20,326,292 | ~1.8024% | ~$366,355 | -23.3% |
In 2025, this property's market value of $26,484,487 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 19× 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 | $26,484,487 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $32,604,737 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $38,300,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $35,700,000 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $35,642,000 | $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.