18568 F M RD 1431 TX 78645
| Owner | 18568 HWY 1431 LLC |
|---|---|
| Parcel ID | 0190581405 |
| Short ID | 185743 |
| Type | Real |
| Use Code | 83 Service / Repair Garage |
| Valuation | Income |
| Improvement SF | 3,000 SF |
| Land SF | 14,552 SF |
| Acres | 0.334 |
| Year Built | 1996 |
| Legal | W 120' OF LOT 23 * & W 116' OF LOT 24 JONESTOWN HILLS UNIT 3 |
| Neighborhood | 83NWE |
| Land | $87,312 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $87,312 |
| Improvement | $256,052 |
|---|---|
| Total Improvement | $256,052 |
| Market | $343,364 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $343,364 |
| Value Limitation Adjustment (−) (homestead cap) | −$14,714 |
| Net Appraised (assessed) | $328,650 |
| Taxable Value | $328,650 |
|---|
Appreciation: Market value has risen +37.2% from $250,312 (2021) to $343,364 (2025), a CAGR of 8.2% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2023→2024), 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 7 taxing entities is 2.2822% in 2025 (+0.0581% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $7,501. Leander ISD is the largest single contributor, at 47.6% of the total 2025 levy.
Assessment Gap: Assessed value ($328,650) is $14,714 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 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 25% of market value ($87,312 land vs $256,052 improvements), about $6/SF of land. Most value sits in the improvements, so building condition, age (~30 yrs), and rent roll drive the underwriting.
Submarket Position: At $343,364, 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 +8.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $509,737 by 2030, with an estimated annual tax burden around $9,419. 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.
3 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 4,000 SF | ✗ |
| 1ST | 1st Floor | 3,000 SF | ✓ |
| SO | Sketch Only | 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% | $3,572.10 | $3,572.10 | Paid |
| CJO City of Jonestown | 0.5188% | 0.4190% | 0.3905% | 0.3925% | 0.3981% | +0.0056% | $1,308.36 | $1,308.36 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,235.21 | $1,235.21 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $387.88 | $387.88 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $339.82 | $339.82 | Paid |
| E01 Travis County ESD # 01 | 0.1000% | 0.1000% | 0.1000% | 0.1000% | 0.1000% | +0.0000% | $328.65 | $328.65 | Paid |
| E07 Travis County ESD # 07 | 0.1000% | 0.0784% | 0.0842% | 0.0910% | 0.1000% | +0.0090% | $328.54 | $328.54 | Paid |
| Combined Rate | 2.6298% | 2.3876% | 2.1873% | 2.2241% | 2.2822% | +0.0581% | $7,500.56 | $7,500.56 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $368,497 | $343,364 | +7.3% |
| Assessed Value | $368,497 | $328,650 | +12.1% |
| Land Value | $87,312 | $87,312 | +0.0% |
| Improvement Value | $281,185 | $256,052 | +9.8% |
| Taxable Value | $368,497 | $328,650 | +12.1% |
| Total Tax 2026 = estimate |
~$8,410
Estimated
|
~$7,501
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $404,942 | $368,497 | -36,445 (-9.0%) |
| Taxable Value | $394,380 | $368,497 | -25,883 (-6.6%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $368,497 | $87,312 | $281,185 | — | $368,497 | $368,497 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $343,364 | $87,312 | $256,052 | −$14,714 | $328,650 | $328,650 | ~$7,501 | Partial |
| 2024 | $326,751 | — | — | −$239,439 | $87,312 | $— | $6,091 | Verified |
| 2023 | $246,866 | — | — | −$159,554 | $87,312 | $— | $7,147 | Verified |
| 2022 | $246,866 | — | — | −$159,554 | $87,312 | $— | $5,894 | Verified |
| 2021 | $250,312 | — | — | −$163,000 | $87,312 | $— | $6,492 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +17.9% | +20.0% | 97.4% | Not available | Partial |
| 2025 | +25.4% | +20.0% | 95.7% | Not available | Partial |
| 2024 | -16.2% | -16.2% | ~100% | 2.2200% | Verified |
| 2023 | +32.4% | +32.4% | ~100% | 2.1900% | Verified |
| 2022 | +0.0% | +0.0% | ~100% | 2.3900% | Verified |
| 2021 | base year | — | ~100% | 2.5900% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +39.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +7.3% | +8.7% | +6.7% | +32.4% | 2024 | -1.4% | 2022 |
| Assessment Ratio | 100.0% | 54.7% | — | 100.0% | 2026 | 26.7% | 2024 |
| Effective Tax Rate (2025) | 2.1800% | 2.1800% | — | 2.1800% | 2025 | 2.1800% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$7,501 | $6,625 | ~$8,730 | $7,501 | 2025 | $5,894 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$371,598 | ~$361,515 | ~2.1953% | ~$7,937 | +8.2% |
| 2027 | ~$402,153 | ~$397,667 | ~2.1085% | ~$8,385 | +17.1% |
| 2028 | ~$435,221 | ~$435,221 | ~2.0216% | ~$8,798 | +26.8% |
| 2029 | ~$471,008 | ~$471,008 | ~1.9347% | ~$9,113 | +37.2% |
| 2030 | ~$509,737 | ~$509,737 | ~1.8478% | ~$9,419 | +48.5% |
| 2026 | ~$364,730 | ~$361,515 | ~2.2822% | ~$8,251 | +6.2% |
| 2027 | ~$387,426 | ~$387,426 | ~2.2822% | ~$8,842 | +12.8% |
| 2028 | ~$411,535 | ~$411,535 | ~2.2822% | ~$9,392 | +19.9% |
| 2029 | ~$437,143 | ~$437,143 | ~2.2822% | ~$9,977 | +27.3% |
| 2030 | ~$464,345 | ~$464,345 | ~2.2822% | ~$10,597 | +35.2% |
| 2026 | ~$378,465 | ~$361,515 | ~2.1519% | ~$7,779 | +10.2% |
| 2027 | ~$417,154 | ~$397,667 | ~2.0216% | ~$8,039 | +21.5% |
| 2028 | ~$459,799 | ~$437,433 | ~1.8912% | ~$8,273 | +33.9% |
| 2029 | ~$506,802 | ~$481,176 | ~1.7609% | ~$8,473 | +47.6% |
| 2030 | ~$558,611 | ~$529,294 | ~1.6306% | ~$8,631 | +62.7% |
In 2025, this property's market value of $343,364 places it in the bottom 25% for Commercial properties in Travis County (13608 comparable) — -76% 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 | $343,364 | $649,268 | $1,417,484 | $3,347,260 | ↓ Bottom 25% | -0.8% |
| 2024 | $326,751 | $661,016 | $1,438,465 | $3,471,171 | ↓ Bottom 25% | +0.0% |
| 2023 | $246,866 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $246,866 | $553,066 | $1,215,730 | $2,939,150 | ↓ Bottom 25% | +3.3% |
| 2021 | $250,312 | $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.