18368 F M RD 1431 TX 78645
| Owner | FAIQ SAID & YASSINE FAIQ |
|---|---|
| Parcel ID | 0193551211 |
| Short ID | 476358 |
| Type | Real |
| Use Code | 61 Warehouse (<20,000 SF) |
| Valuation | Cost |
| Improvement SF | 1,500 SF |
| Land SF | 18,731 SF |
| Acres | 0.430 |
| Year Built | 1972 |
| Legal | LOT 1 AWALTS SUBD |
| Neighborhood | 61NWE |
| Land | $65,558 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $65,558 |
| Improvement | $108,293 |
|---|---|
| Total Improvement | $108,293 |
| Market | $173,851 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $173,851 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $173,851 |
| Taxable Value | $173,851 |
|---|
Appreciation: Market value has risen +46.4% from $118,779 (2021) to $173,851 (2025), a CAGR of 10.0% 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 $3,968. Leander ISD is the largest single contributor, at 47.6% of the total 2025 levy.
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 38% of market value ($65,558 land vs $108,293 improvements), about $3/SF of land. Most value sits in the improvements, so building condition, age (~54 yrs), and rent roll drive the underwriting.
Submarket Position: At $173,851, 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 +10.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $279,881 by 2030, with an estimated annual tax burden around $5,172. 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.
8 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 2,500 SF | ✗ |
| 1ST | 1st Floor | 1,500 SF | ✓ |
| 501 | CANOPY | 1,498 SF | ✗ |
| 611 | TERRACE | 1,160 SF | ✗ |
| 483 | LIVING QUARTERS | 600 SF | ✓ |
| 881 | COMMCL FINISHOUT | 600 SF | ✓ |
| MEZZ | Mezzanine | 600 SF | ✓ |
| 435 | FENCE IRON LF | 20 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% | $1,889.59 | $1,889.59 | Paid |
| CJO City of Jonestown | 0.5188% | 0.4190% | 0.3905% | 0.3925% | 0.3981% | +0.0056% | $692.10 | $692.10 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $653.41 | $653.41 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $205.18 | $205.18 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $179.76 | $179.76 | Paid |
| E01 Travis County ESD # 01 | 0.1000% | 0.1000% | 0.1000% | 0.1000% | 0.1000% | +0.0000% | $173.85 | $173.85 | Paid |
| E07 Travis County ESD # 07 | 0.1000% | 0.0784% | 0.0842% | 0.0910% | 0.1000% | +0.0090% | $173.79 | $173.79 | Paid |
| Combined Rate | 2.6298% | 2.3876% | 2.1873% | 2.2241% | 2.2822% | +0.0581% | $3,967.68 | $3,967.68 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $173,851 | $173,851 | +0.0% |
| Assessed Value | $173,851 | $173,851 | +0.0% |
| Land Value | $65,558 | $65,558 | +0.0% |
| Improvement Value | $108,293 | $108,293 | +0.0% |
| Taxable Value | $173,851 | $173,851 | +0.0% |
| Total Tax 2026 = estimate |
~$3,968
Estimated
|
~$3,968
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $261,226 | $173,851 | -87,375 (-33.4%) |
| Taxable Value | $208,621 | $173,851 | -34,770 (-16.7%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $173,851 | $65,558 | $108,293 | — | $173,851 | $173,851 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $173,851 | $65,558 | $108,293 | — | $173,851 | $173,851 | ~$3,968 | Partial |
| 2024 | $153,312 | — | — | −$87,754 | $65,558 | $— | $3,227 | Verified |
| 2023 | $117,153 | — | — | −$51,595 | $65,558 | $— | $3,353 | Verified |
| 2022 | $117,154 | — | — | −$60,962 | $56,192 | $— | $2,797 | Verified |
| 2021 | $118,779 | — | — | −$62,587 | $56,192 | $— | $3,081 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +50.3% | +20.0% | 79.9% | Not available | Partial |
| 2025 | +19.8% | +19.8% | ~100% | Not available | Partial |
| 2024 | -5.4% | -5.4% | ~100% | 2.2200% | Verified |
| 2023 | +30.9% | +30.9% | ~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): +48.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +8.6% | +10.0% | +30.9% | 2024 | -1.4% | 2022 |
| Assessment Ratio | 100.0% | 65.7% | — | 100.0% | 2025 | 42.8% | 2024 |
| Effective Tax Rate (2025) | 2.2800% | 2.2800% | — | 2.2800% | 2025 | 2.2800% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$3,968 | $3,285 | ~$4,681 | $3,968 | 2025 | $2,797 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$191,221 | ~$191,221 | ~2.1953% | ~$4,198 | +10.0% |
| 2027 | ~$210,327 | ~$210,327 | ~2.1085% | ~$4,435 | +21.0% |
| 2028 | ~$231,342 | ~$231,342 | ~2.0216% | ~$4,677 | +33.1% |
| 2029 | ~$254,457 | ~$254,457 | ~1.9347% | ~$4,923 | +46.4% |
| 2030 | ~$279,881 | ~$279,881 | ~1.8478% | ~$5,172 | +61.0% |
| 2026 | ~$187,744 | ~$187,744 | ~2.2822% | ~$4,285 | +8.0% |
| 2027 | ~$202,748 | ~$202,748 | ~2.2822% | ~$4,627 | +16.6% |
| 2028 | ~$218,951 | ~$218,951 | ~2.2822% | ~$4,997 | +25.9% |
| 2029 | ~$236,448 | ~$236,448 | ~2.2822% | ~$5,396 | +36.0% |
| 2030 | ~$255,344 | ~$255,344 | ~2.2822% | ~$5,828 | +46.9% |
| 2026 | ~$194,698 | ~$191,236 | ~2.1519% | ~$4,115 | +12.0% |
| 2027 | ~$218,046 | ~$210,360 | ~2.0216% | ~$4,253 | +25.4% |
| 2028 | ~$244,193 | ~$231,396 | ~1.8912% | ~$4,376 | +40.5% |
| 2029 | ~$273,476 | ~$254,535 | ~1.7609% | ~$4,482 | +57.3% |
| 2030 | ~$306,270 | ~$279,989 | ~1.6306% | ~$4,565 | +76.2% |
In 2025, this property's market value of $173,851 places it in the bottom 25% for Commercial properties in Travis County (13608 comparable) — -88% 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 | $173,851 | $649,268 | $1,417,484 | $3,347,260 | ↓ Bottom 25% | -0.8% |
| 2024 | $153,312 | $661,016 | $1,438,465 | $3,471,171 | ↓ Bottom 25% | +0.0% |
| 2023 | $117,153 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $117,154 | $553,066 | $1,215,730 | $2,939,150 | ↓ Bottom 25% | +3.3% |
| 2021 | $118,779 | $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.