5209 HUDSON BEND RD TX 78734
| Owner | TILLMAN SELF STORAGE INC |
|---|---|
| Parcel ID | 0159670904 |
| Short ID | 157884 |
| Type | Real |
| Use Code | 63 Mini-Warehouse / Self-Storage |
| Valuation | Income |
| Improvement SF | 6,104 SF |
| Land SF | 58,632 SF |
| Acres | 1.346 |
| Year Built | 1995 |
| Legal | LOT 12 LA HACIENDA ESTATES SEC 2 |
| Neighborhood | 63SWE |
| Land | $410,422 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $410,422 |
| Improvement | $95,094 |
|---|---|
| Total Improvement | $95,094 |
| Market | $505,516 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $505,516 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $505,516 |
| Taxable Value | $505,516 |
|---|
Appreciation: Market value has risen +10.1% from $459,314 (2021) to $505,516 (2025), a CAGR of 2.4% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2022→2023), 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 1.6800% in 2025 (+0.0211% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $8,493. 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 81% of market value ($410,422 land vs $95,094 improvements), about $7/SF of land. With value concentrated in the land under a ~31-year-old structure, this reads as a land-dominated asset — the classic higher-and-best-use / redevelopment signal. Underwrite the dirt, not the building.
Submarket Position: At $505,516, 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 +2.4% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $569,858 by 2030, with an estimated annual tax burden around $8,319. 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.
2 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 6,104 SF | ✓ |
| 551 | PAVED AREA | 3,850 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% | $5,255.85 | $5,255.85 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,899.96 | $1,899.96 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $596.63 | $596.63 | Paid |
| E06 Travis County ESD # 06 | 0.1000% | 0.0867% | 0.0831% | 0.0876% | 0.0904% | +0.0028% | $456.98 | $456.98 | Paid |
| W17 WCID # 17 | 0.0568% | 0.0543% | 0.0533% | 0.0533% | 0.0560% | +0.0027% | $283.09 | $283.09 | Paid |
| Combined Rate | 1.8561% | 1.7700% | 1.6158% | 1.6589% | 1.6800% | +0.0211% | $8,492.51 | $8,492.51 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $467,000 | $505,516 | -7.6% |
| Assessed Value | $467,000 | $505,516 | -7.6% |
| Land Value | $410,422 | $410,422 | +0.0% |
| Improvement Value | $56,578 | $95,094 | -40.5% |
| Taxable Value | $467,000 | $505,516 | -7.6% |
| Total Tax 2026 = estimate |
~$7,845
Estimated
|
~$8,493
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $529,525 | $467,000 | -62,525 (-11.8%) |
| Taxable Value | $529,525 | $467,000 | -62,525 (-11.8%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $467,000 | $410,422 | $56,578 | — | $467,000 | $467,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $505,516 | $410,422 | $95,094 | — | $505,516 | $505,516 | ~$8,493 | Partial |
| 2024 | $547,928 | — | — | −$137,506 | $410,422 | $— | $9,217 | Verified |
| 2023 | $509,692 | — | — | −$275,165 | $234,527 | $— | $8,854 | Verified |
| 2022 | $459,314 | — | — | −$224,787 | $234,527 | $— | $9,022 | Verified |
| 2021 | $459,314 | — | — | −$224,787 | $234,527 | $— | $8,525 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +4.7% | +4.7% | ~100% | Not available | Partial |
| 2025 | -9.0% | -9.0% | ~100% | Not available | Partial |
| 2024 | +1.4% | +1.4% | ~100% | 1.6600% | Verified |
| 2023 | +7.5% | +7.5% | ~100% | 1.6200% | Verified |
| 2022 | +11.0% | +11.0% | ~100% | 1.7700% | Verified |
| 2021 | base year | — | ~100% | 1.8600% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +10.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -7.6% | +0.6% | +4.1% | +11.0% | 2023 | -7.7% | 2025 |
| Assessment Ratio | 100.0% | 70.5% | — | 100.0% | 2025 | 46.0% | 2023 |
| 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 |
$8,493 | $8,822 | ~$8,401 | $9,217 | 2024 | $8,493 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$517,775 | ~$517,775 | ~1.6359% | ~$8,470 | +2.4% |
| 2027 | ~$530,332 | ~$530,332 | ~1.5919% | ~$8,442 | +4.9% |
| 2028 | ~$543,193 | ~$543,193 | ~1.5479% | ~$8,408 | +7.5% |
| 2029 | ~$556,365 | ~$556,365 | ~1.5039% | ~$8,367 | +10.1% |
| 2030 | ~$569,858 | ~$569,858 | ~1.4598% | ~$8,319 | +12.7% |
| 2026 | ~$507,665 | ~$507,665 | ~1.6800% | ~$8,529 | +0.4% |
| 2027 | ~$509,823 | ~$509,823 | ~1.6800% | ~$8,565 | +0.9% |
| 2028 | ~$511,990 | ~$511,990 | ~1.6800% | ~$8,601 | +1.3% |
| 2029 | ~$514,166 | ~$514,166 | ~1.6800% | ~$8,638 | +1.7% |
| 2030 | ~$516,352 | ~$516,352 | ~1.6800% | ~$8,675 | +2.1% |
| 2026 | ~$527,885 | ~$527,885 | ~1.6139% | ~$8,520 | +4.4% |
| 2027 | ~$551,245 | ~$551,245 | ~1.5479% | ~$8,533 | +9.0% |
| 2028 | ~$575,638 | ~$575,638 | ~1.4818% | ~$8,530 | +13.9% |
| 2029 | ~$601,110 | ~$601,110 | ~1.4158% | ~$8,511 | +18.9% |
| 2030 | ~$627,710 | ~$627,710 | ~1.3498% | ~$8,473 | +24.2% |
In 2025, this property's market value of $505,516 places it in the bottom 25% for Commercial properties in Travis County (13608 comparable) — -64% 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 | $505,516 | $649,268 | $1,417,484 | $3,347,260 | ↓ Bottom 25% | -0.8% |
| 2024 | $547,928 | $661,016 | $1,438,465 | $3,471,171 | ↓ Bottom 25% | +0.0% |
| 2023 | $509,692 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $459,314 | $553,066 | $1,215,730 | $2,939,150 | ↓ Bottom 25% | +3.3% |
| 2021 | $459,314 | $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.