702 SHADY LN AUSTIN, TX 78702
| Owner | TABRIZI GROWTH LLC |
|---|---|
| Parcel ID | 0202160239 |
| Short ID | 190081 |
| Type | Real |
| Use Code | 61 Warehouse (<20,000 SF) |
| Valuation | Cost |
| Improvement SF | 11,572 SF |
| Land SF | 19,166 SF |
| Acres | 0.440 |
| Year Built | 1951 |
| Legal | ABS 22 SUR 29 TANNEHILL J C ACR .440 |
| Neighborhood | 61EAS |
| Land | $1,054,130 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,054,130 |
| Improvement | $1,301,205 |
|---|---|
| Total Improvement | $1,301,205 |
| Market | $2,355,335 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,355,335 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $2,355,335 |
| Taxable Value | $2,355,335 |
|---|
Appreciation: Market value has risen +13.9% from $2,068,000 (2021) to $2,355,335 (2025), a CAGR of 3.3% 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 2.0465% in 2025 (+0.0647% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $48,202. 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 cost approach, tied more to replacement cost and physical condition than to income performance.
Value Composition: Land carries 45% of market value ($1,054,130 land vs $1,301,205 improvements), about $55/SF of land. Most value sits in the improvements, so building condition, age (~75 yrs), and rent roll drive the underwriting.
Submarket Position: At $2,355,335, this parcel sits in the upper-middle (50th–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.
Forward Outlook: Holding the +3.3% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,771,280 by 2030, with an estimated annual tax burden around $52,204. 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.
4 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 11,572 SF | ✓ |
| 881 | COMMCL FINISHOUT | 7,568 SF | ✓ |
| 093 | HVAC COMMRCL SF | 5,040 SF | ✗ |
| MEZZ | Mezzanine | 1,232 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% | $21,791.56 | $21,791.56 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $12,342.36 | $12,342.36 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $8,852.41 | $8,852.41 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,779.84 | $2,779.84 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,435.42 | $2,435.42 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $48,201.59 | $48,201.59 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,355,335 | $2,355,335 | +0.0% |
| Assessed Value | $2,355,335 | $2,355,335 | +0.0% |
| Land Value | $1,054,130 | $1,054,130 | +0.0% |
| Improvement Value | $1,301,205 | $1,301,205 | +0.0% |
| Taxable Value | $2,355,335 | $2,355,335 | +0.0% |
| Total Tax 2026 = estimate |
~$48,202
Estimated
|
~$48,202
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $2,355,335 | $2,355,335 | +0 (+0.0%) |
| Taxable Value | $2,355,335 | $2,355,335 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,355,335 | $1,054,130 | $1,301,205 | — | $2,355,335 | $2,355,335 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $2,355,335 | $1,054,130 | $1,301,205 | — | $2,355,335 | $2,355,335 | ~$48,202 | Partial |
| 2024 | $2,355,310 | — | — | −$1,301,180 | $1,054,130 | $— | $46,678 | Verified |
| 2023 | $2,396,525 | — | — | −$1,438,225 | $958,300 | $— | $42,613 | Verified |
| 2022 | $2,131,495 | — | — | −$1,173,195 | $958,300 | $— | $47,330 | Verified |
| 2021 | $2,068,000 | — | — | −$1,205,530 | $862,470 | $— | $46,396 | 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 | +0.0% | +0.0% | ~100% | 1.9800% | Verified |
| 2023 | -1.7% | -1.7% | ~100% | 1.8100% | Verified |
| 2022 | +12.4% | +12.4% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.2400% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +10.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +2.8% | +3.3% | +12.4% | 2023 | -1.7% | 2024 |
| Assessment Ratio | 100.0% | 61.9% | — | 100.0% | 2025 | 40.0% | 2023 |
| 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 |
$48,202 | $46,244 | ~$50,605 | $48,202 | 2025 | $42,613 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,433,202 | ~$2,433,202 | ~2.0139% | ~$49,003 | +3.3% |
| 2027 | ~$2,513,644 | ~$2,513,644 | ~1.9814% | ~$49,805 | +6.7% |
| 2028 | ~$2,596,745 | ~$2,596,745 | ~1.9488% | ~$50,606 | +10.2% |
| 2029 | ~$2,682,593 | ~$2,682,593 | ~1.9163% | ~$51,406 | +13.9% |
| 2030 | ~$2,771,280 | ~$2,771,280 | ~1.8837% | ~$52,204 | +17.7% |
| 2026 | ~$2,386,096 | ~$2,386,096 | ~2.0465% | ~$48,831 | +1.3% |
| 2027 | ~$2,417,258 | ~$2,417,258 | ~2.0465% | ~$49,469 | +2.6% |
| 2028 | ~$2,448,827 | ~$2,448,827 | ~2.0465% | ~$50,115 | +4.0% |
| 2029 | ~$2,480,809 | ~$2,480,809 | ~2.0465% | ~$50,769 | +5.3% |
| 2030 | ~$2,513,208 | ~$2,513,208 | ~2.0465% | ~$51,432 | +6.7% |
| 2026 | ~$2,480,309 | ~$2,480,309 | ~1.9977% | ~$49,548 | +5.3% |
| 2027 | ~$2,611,914 | ~$2,611,914 | ~1.9488% | ~$50,902 | +10.9% |
| 2028 | ~$2,750,502 | ~$2,750,502 | ~1.9000% | ~$52,260 | +16.8% |
| 2029 | ~$2,896,444 | ~$2,896,444 | ~1.8512% | ~$53,619 | +23.0% |
| 2030 | ~$3,050,129 | ~$3,050,129 | ~1.8024% | ~$54,975 | +29.5% |
In 2025, this property's market value of $2,355,335 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +66% above 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 | $2,355,335 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $2,355,310 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $2,396,525 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $2,131,495 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $2,068,000 | $517,750 | $1,142,600 | $2,780,453 | ↑ Above 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.