5009 N F M RD 620 TX 78732
| Owner | JP MORGAN CHASE BANK NA |
|---|---|
| Parcel ID | 0150440401 |
| Short ID | 818226 |
| Type | Real |
| Use Code | 58 Bank — Branch Office |
| Valuation | Income |
| Improvement SF | 4,012 SF |
| Land SF | 56,933 SF |
| Acres | 1.307 |
| Year Built | 2013 |
| Legal | LOT 10 STEINER RANCH PHS 2 SEC 10 RESUB OF LOT 1 BLK C |
| Neighborhood | 42FNW |
| Land | $569,329 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $569,329 |
| Improvement | $1,120,671 |
|---|---|
| Total Improvement | $1,120,671 |
| Market | $1,690,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,690,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,690,000 |
| Taxable Value | $1,690,000 |
|---|
Appreciation: Market value has risen +11.5% from $1,515,397 (2021) to $1,690,000 (2025), a CAGR of 2.8% 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 6 taxing entities is 1.8306% in 2025 (+0.0491% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $30,937. Leander ISD is the largest single contributor, at 59.4% 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 34% of market value ($569,329 land vs $1,120,671 improvements), about $10/SF of land. Most value sits in the improvements, so building condition, age (~13 yrs), and rent roll drive the underwriting.
Submarket Position: At $1,690,000, this parcel sits in the upper-middle (50th–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 +2.8% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,936,810 by 2030, with an estimated annual tax burden around $29,712. 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.
6 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 26,064 SF | ✗ |
| 1ST | 1st Floor | 4,012 SF | ✓ |
| 503 | CANOPY - BANK | 860 SF | ✗ |
| 611 | TERRACE | 384 SF | ✗ |
| 501 | CANOPY | 224 SF | ✗ |
| 482 | LIGHT POLES | 6 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 |
|---|---|---|---|---|---|---|---|---|---|
| ILE Leander ISD | 1.3370% | 1.2746% | 1.1087% | 1.0869% | 1.0869% | +0.0000% | $18,368.61 | $18,368.61 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $6,351.78 | $6,351.78 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,994.59 | $1,994.59 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,747.46 | $1,747.46 | Paid |
| E06 Travis County ESD # 06 | 0.1000% | 0.0867% | 0.0831% | 0.0876% | 0.0904% | +0.0028% | $1,527.74 | $1,527.74 | Paid |
| W17 WCID # 17 | 0.0568% | 0.0543% | 0.0533% | 0.0533% | 0.0560% | +0.0027% | $946.40 | $946.40 | Paid |
| Combined Rate | 2.0678% | 1.9312% | 1.7490% | 1.7815% | 1.8306% | +0.0491% | $30,936.58 | $30,936.58 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,674,977 | $1,690,000 | -0.9% |
| Assessed Value | $1,674,977 | $1,690,000 | -0.9% |
| Land Value | $569,329 | $569,329 | +0.0% |
| Improvement Value | $1,105,648 | $1,120,671 | -1.3% |
| Taxable Value | $1,674,977 | $1,690,000 | -0.9% |
| Total Tax 2026 = estimate |
~$30,662
Estimated
|
~$30,937
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,860,174 | $1,674,977 | -185,197 (-10.0%) |
| Taxable Value | $1,860,174 | $1,674,977 | -185,197 (-10.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,674,977 | $569,329 | $1,105,648 | — | $1,674,977 | $1,674,977 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,690,000 | $569,329 | $1,120,671 | — | $1,690,000 | $1,690,000 | ~$30,937 | Partial |
| 2024 | $1,575,000 | — | — | −$1,005,671 | $569,329 | $— | $28,504 | Verified |
| 2023 | $1,500,000 | — | — | −$930,671 | $569,329 | $— | $27,548 | Verified |
| 2022 | $1,535,895 | — | — | −$966,566 | $569,329 | $— | $28,994 | Verified |
| 2021 | $1,515,397 | — | — | −$946,068 | $569,329 | $— | $31,759 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +10.1% | +10.1% | ~100% | Not available | Partial |
| 2025 | -5.2% | -5.2% | ~100% | Not available | Partial |
| 2024 | +13.2% | +13.2% | ~100% | 1.6000% | Verified |
| 2023 | +3.2% | +3.2% | ~100% | 1.7500% | Verified |
| 2022 | -0.7% | -0.7% | ~100% | 1.9000% | Verified |
| 2021 | base year | — | ~100% | 2.1000% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +10.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -0.9% | +2.1% | +2.9% | +7.3% | 2025 | -2.3% | 2023 |
| Assessment Ratio | 100.0% | 58.1% | — | 100.0% | 2025 | 36.1% | 2024 |
| Effective Tax Rate (2025) | 1.8300% | 1.8300% | — | 1.8300% | 2025 | 1.8300% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$30,937 | $29,548 | ~$30,273 | $31,759 | 2021 | $27,548 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,736,708 | ~$1,736,708 | ~1.7713% | ~$30,762 | +2.8% |
| 2027 | ~$1,784,707 | ~$1,784,707 | ~1.7120% | ~$30,553 | +5.6% |
| 2028 | ~$1,834,032 | ~$1,834,032 | ~1.6527% | ~$30,310 | +8.5% |
| 2029 | ~$1,884,721 | ~$1,884,721 | ~1.5934% | ~$30,030 | +11.5% |
| 2030 | ~$1,936,810 | ~$1,936,810 | ~1.5341% | ~$29,712 | +14.6% |
| 2026 | ~$1,702,908 | ~$1,702,908 | ~1.8306% | ~$31,173 | +0.8% |
| 2027 | ~$1,715,914 | ~$1,715,914 | ~1.8306% | ~$31,411 | +1.5% |
| 2028 | ~$1,729,020 | ~$1,729,020 | ~1.8306% | ~$31,651 | +2.3% |
| 2029 | ~$1,742,226 | ~$1,742,226 | ~1.8306% | ~$31,893 | +3.1% |
| 2030 | ~$1,755,533 | ~$1,755,533 | ~1.8306% | ~$32,136 | +3.9% |
| 2026 | ~$1,770,508 | ~$1,770,508 | ~1.7416% | ~$30,835 | +4.8% |
| 2027 | ~$1,854,851 | ~$1,854,851 | ~1.6527% | ~$30,654 | +9.8% |
| 2028 | ~$1,943,212 | ~$1,943,212 | ~1.5637% | ~$30,386 | +15.0% |
| 2029 | ~$2,035,782 | ~$2,035,782 | ~1.4747% | ~$30,023 | +20.5% |
| 2030 | ~$2,132,763 | ~$2,132,763 | ~1.3858% | ~$29,556 | +26.2% |
In 2025, this property's market value of $1,690,000 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +19% above 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 | $1,690,000 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $1,575,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $1,500,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $1,535,895 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $1,515,397 | $517,750 | $1,142,600 | $2,780,453 | ↑ Above 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.