2121 GEOSCIENCE DR TX 78726
| Owner | LAGMANSON INVESTMENTS LTD |
|---|---|
| Parcel ID | 0175370222 |
| Short ID | 178255 |
| Type | Real |
| Use Code | 61 Warehouse (<20,000 SF) |
| Valuation | Cost |
| Improvement SF | 7,980 SF |
| Land SF | 37,592 SF |
| Acres | 0.863 |
| Year Built | 1985 |
| Legal | ABS 734 SAUL R ACR 0.863 |
| Neighborhood | 61NWE |
| Land | $187,961 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $187,961 |
| Improvement | $1,109,407 |
|---|---|
| Total Improvement | $1,109,407 |
| Market | $1,297,368 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,297,368 |
| Value Limitation Adjustment (−) (homestead cap) | −$96,139 |
| Net Appraised (assessed) | $1,201,229 |
| Taxable Value | $1,201,229 |
|---|
Appreciation: Market value has risen +42.3% from $912,007 (2021) to $1,297,368 (2025), a CAGR of 9.2% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2025→2026), 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 2.0442% in 2025 (+0.0406% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $24,555. Leander ISD is the largest single contributor, at 53.2% of the total 2025 levy.
Assessment Gap: Assessed value ($1,201,229) is $96,139 below market value, suggesting potential for an upward assessment in future years.
Asset Class: Commercial. No homestead exemptions apply — full market value is taxable. This is valued using the cost approach, tied more to replacement cost and physical condition than to income performance.
Value Composition: Land carries 14% of market value ($187,961 land vs $1,109,407 improvements), about $5/SF of land. Most value sits in the improvements, so building condition, age (~41 yrs), and rent roll drive the underwriting.
Submarket Position: At $1,297,368, this parcel sits in the lower-middle (25th–50th 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 +9.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,015,554 by 2030, with an estimated annual tax burden around $32,320. 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.
7 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 19,860 SF | ✗ |
| 1ST | 1st Floor | 7,980 SF | ✓ |
| 881 | COMMCL FINISHOUT | 5,875 SF | ✓ |
| 501 | CANOPY | 2,264 SF | ✗ |
| 093 | HVAC COMMRCL SF | 1,707 SF | ✗ |
| 328 | MEZZ COMM (STG) | 1,179 SF | ✓ |
| 541 | FENCE COMM LF | 800 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% | $13,056.16 | $13,056.16 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $4,514.76 | $4,514.76 | Paid |
| CCP City of Cedar Park | 0.4320% | 0.3900% | 0.3700% | 0.3630% | 0.3600% | -0.0030% | $4,324.42 | $4,324.42 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,417.73 | $1,417.73 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,242.07 | $1,242.07 | Paid |
| Combined Rate | 2.3430% | 2.1802% | 1.9826% | 2.0036% | 2.0442% | +0.0406% | $24,555.14 | $24,555.14 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,192,570 | $1,297,368 | +69.0% |
| Assessed Value | $1,441,475 | $1,201,229 | +20.0% |
| Land Value | $187,961 | $187,961 | +0.0% |
| Improvement Value | $2,004,609 | $1,109,407 | +80.7% |
| Taxable Value | $1,441,475 | $1,201,229 | +20.0% |
| HS Cap Loss | -$751,095 | — | |
| Total Tax 2026 = estimate |
~$29,466
Estimated
|
~$24,555
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $2,192,570 | $2,192,570 | +0 (+0.0%) |
| Taxable Value | $1,441,475 | $1,441,475 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,192,570 | $187,961 | $2,004,609 | −$751,095 | $1,441,475 | $1,441,475 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,297,368 | $187,961 | $1,109,407 | −$96,139 | $1,201,229 | $1,201,229 | ~$24,555 | Partial |
| 2024 | $1,171,980 | — | — | −$984,019 | $187,961 | $— | $20,057 | Verified |
| 2023 | $890,059 | — | — | −$702,098 | $187,961 | $— | $23,236 | Verified |
| 2022 | $890,085 | — | — | −$702,124 | $187,961 | $— | $19,405 | Verified |
| 2021 | $912,007 | — | — | −$724,046 | $187,961 | $— | $20,855 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +69.0% | +20.0% | 65.7% | Not available | Partial |
| 2025 | +29.6% | +20.0% | 92.6% | Not available | Partial |
| 2024 | -14.6% | -14.6% | ~100% | 2.0000% | Verified |
| 2023 | +31.7% | +31.7% | ~100% | 1.9800% | Verified |
| 2022 | -0.0% | -0.0% | ~100% | 2.1800% | Verified |
| 2021 | base year | — | ~100% | 2.2900% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +45.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +69.0% | +21.8% | +0.3% | +69.0% | 2026 | -2.4% | 2022 |
| Assessment Ratio | 65.7% | 39.5% | — | 92.6% | 2025 | 16.0% | 2024 |
| Effective Tax Rate (2025) | 1.8900% | 1.8900% | — | 1.8900% | 2025 | 1.8900% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$24,555 | $21,622 | ~$29,136 | $24,555 | 2025 | $19,405 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,416,868 | ~$1,321,352 | ~1.9695% | ~$26,024 | +9.2% |
| 2027 | ~$1,547,375 | ~$1,453,487 | ~1.8948% | ~$27,540 | +19.3% |
| 2028 | ~$1,689,904 | ~$1,598,836 | ~1.8201% | ~$29,100 | +30.3% |
| 2029 | ~$1,845,560 | ~$1,758,719 | ~1.7454% | ~$30,696 | +42.3% |
| 2030 | ~$2,015,554 | ~$1,934,591 | ~1.6707% | ~$32,320 | +55.4% |
| 2026 | ~$1,390,921 | ~$1,321,352 | ~2.0442% | ~$27,011 | +7.2% |
| 2027 | ~$1,491,220 | ~$1,453,487 | ~2.0442% | ~$29,712 | +14.9% |
| 2028 | ~$1,598,751 | ~$1,598,751 | ~2.0442% | ~$32,681 | +23.2% |
| 2029 | ~$1,714,036 | ~$1,714,036 | ~2.0442% | ~$35,038 | +32.1% |
| 2030 | ~$1,837,635 | ~$1,837,635 | ~2.0442% | ~$37,564 | +41.6% |
| 2026 | ~$1,442,815 | ~$1,321,352 | ~1.9321% | ~$25,530 | +11.2% |
| 2027 | ~$1,604,569 | ~$1,453,487 | ~1.8201% | ~$26,454 | +23.7% |
| 2028 | ~$1,784,457 | ~$1,598,836 | ~1.7080% | ~$27,308 | +37.5% |
| 2029 | ~$1,984,512 | ~$1,758,719 | ~1.5960% | ~$28,068 | +53.0% |
| 2030 | ~$2,206,995 | ~$1,934,591 | ~1.4839% | ~$28,707 | +70.1% |
In 2025, this property's market value of $1,297,368 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -8% 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 | $1,297,368 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $1,171,980 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $890,059 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $890,085 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $912,007 | $517,750 | $1,142,600 | $2,780,453 | ↓ Below 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.