U S HWY 183 78727
| Owner | KARLIN DUVAL LLC |
|---|---|
| Parcel ID | 0162011801 |
| Short ID | 978155 |
| Type | Real |
| Use Code | 52 Office Medium (10–35,000 SF) |
| Valuation | Income |
| Improvement SF | 19,655 SF |
| Land SF | 423,490 SF |
| Acres | 9.722 |
| Year Built | 1976 |
| Legal | RESEARCH PARK RSB LT 1-A LOT 8 |
| Neighborhood | FNW |
| Land | $10,587,258 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $10,587,258 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $4,389,249 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $4,389,249 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $4,389,249 |
| Taxable Value | $4,389,249 |
|---|
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 $89,825. 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 241% of market value ($10,587,258 land vs $0 improvements), about $25/SF of land. With value concentrated in the land under a ~50-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 $4,389,249, 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.
No delinquent taxes on record.
7 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 30,900 SF | ✗ |
| 1ST | 1st Floor | 19,655 SF | ✓ |
| 541 | FENCE COMM LF | 1,650 SF | ✗ |
| SO | Sketch Only | 750 SF | ✗ |
| 011C | PORCH OPEN 1ST COMM | 476 SF | ✗ |
| 482 | LIGHT POLES | 7 SF | ✓ |
| 333 | MECHANICAL RM FV | 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% | $40,609.33 | $40,609.33 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $23,000.41 | $23,000.41 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $16,496.77 | $16,496.77 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $5,180.32 | $5,180.32 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $4,538.48 | $4,538.48 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $89,825.31 | $89,825.31 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $4,389,249 | $4,389,249 | +0.0% |
| Assessed Value | $4,389,249 | $4,389,249 | +0.0% |
| Land Value | $10,587,258 | $10,587,258 | +0.0% |
| Improvement Value | — | — | — |
| Taxable Value | $4,389,249 | $4,389,249 | +0.0% |
| Total Tax 2026 = estimate |
~$89,825
Estimated
|
~$89,825
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $4,389,249 | $4,389,249 | +0 (+0.0%) |
| Taxable Value | $4,389,249 | $4,389,249 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $4,389,249 | $10,587,258 | — | — | $4,389,249 | $4,389,249 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $4,389,249 | $10,587,258 | — | — | $4,389,249 | $4,389,249 | ~$89,825 | Partial |
| 2024 | $— | — | — | — | — | $— | $86,987 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2025 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2024 | base year | — | ~100% | 1.9800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +0.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +0.0% | — | +0.0% | 2026 | +0.0% | 2026 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2025 | 100.0% | 2025 |
| 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 |
$89,825 | $89,825 | — | $89,825 | 2025 | $89,825 | 2025 |
In 2025, this property's market value of $4,389,249 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 3× 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 | $4,389,249 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | — | $661,016 | $1,438,465 | $3,471,171 | — | +0.0% |
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.