812 AIRPORT BLVD TX 78702
| Owner | UNITED ASSOCIATED OF JOURNEYMEN & |
|---|---|
| Parcel ID | 0202170104 |
| Short ID | 190089 |
| Type | Real |
| Use Code | 61 Warehouse (<20,000 SF) |
| Valuation | Cost |
| Improvement SF | 13,734 SF |
| Land SF | 48,846 SF |
| Acres | 1.121 |
| Year Built | 1968 |
| Legal | TRT 1 DUDLEY EUGENE SUBD NO 1 |
| Neighborhood | 61EAS |
| Land | $3,956,526 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $3,956,526 |
| Improvement | $58,150 |
|---|---|
| Total Improvement | $58,150 |
| Market | $4,014,676 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $4,014,676 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $4,014,676 |
| Taxable Value | $4,014,676 |
|---|
Appreciation: Market value has risen +83.4% from $2,189,618 (2021) to $4,014,676 (2025), a CAGR of 16.4% 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 5 taxing entities is 2.0465% in 2025 (+0.0647% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $82,160. 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 99% of market value ($3,956,526 land vs $58,150 improvements), about $81/SF of land. With value concentrated in the land under a ~58-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 $4,014,676, 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.
Forward Outlook: Holding the +16.4% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $8,565,509 by 2030, with an estimated annual tax burden around $121,797. 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 |
|---|---|---|---|
| 1ST | 1st Floor | 13,734 SF | ✓ |
| 491 | SPRINKLER HEADS | 13,734 SF | ✗ |
| 881 | COMMCL FINISHOUT | 13,734 SF | ✓ |
| 551 | PAVED AREA | 5,500 SF | ✗ |
| 328 | MEZZ COMM (STG) | 1,272 SF | ✓ |
| 501 | CANOPY | 374 SF | ✗ |
| 073 | OBS HEAT CEILING | 150 SF | ✓ |
| 093 | HVAC COMMRCL SF | 144 SF | ✗ |
Market value changed by 87% in 2023, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| 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% | $37,143.78 | $37,143.78 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $21,037.58 | $21,037.58 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $15,088.96 | $15,088.96 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $4,738.24 | $4,738.24 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $4,151.17 | $4,151.17 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $82,159.73 | $82,159.73 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $4,014,626 | $4,014,676 | -0.0% |
| Assessed Value | $4,014,626 | $4,014,676 | -0.0% |
| Land Value | $3,956,526 | $3,956,526 | +0.0% |
| Improvement Value | $58,100 | $58,150 | -0.1% |
| Taxable Value | $4,014,626 | $4,014,676 | -0.0% |
| Total Tax 2026 = estimate |
~$82,159
Estimated
|
~$82,160
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $4,014,626 | $4,014,626 | +0 (+0.0%) |
| Taxable Value | $4,014,626 | $4,014,626 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $4,014,626 | $3,956,526 | $58,100 | — | $4,014,626 | $4,014,626 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $4,014,676 | $3,956,526 | $58,150 | — | $4,014,676 | $4,014,676 | ~$82,160 | Partial |
| 2024 | $4,100,000 | — | — | −$312,570 | $3,787,430 | $— | $75,060 | Verified |
| 2023 | $2,640,145 | — | — | — | $3,956,526 ! | $— | $75,005 | Verified |
| 2022 | $2,420,300 | — | — | −$1,101,458 | $1,318,842 | $— | $52,141 | Verified |
| 2021 | $2,189,618 | — | — | −$1,090,583 | $1,099,035 | $— | $52,682 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -0.0% | -0.0% | ~100% | Not available | Partial |
| 2025 | +6.0% | +6.0% | ~100% | Not available | Partial |
| 2024 | -23.3% | -23.3% | ~100% | 1.9800% | Verified |
| 2023 | +87.0% ! | +87.0% | ~100% | 1.5200% | Verified |
| 2022 | +9.1% | +9.1% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.4100% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +65.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +-0.0% | +14.6% | +16.4% | +55.3% | 2024 | -2.1% | 2025 |
| Assessment Ratio | 100.0% | 91.2% | — | 149.9% | 2023 | 50.2% | 2021 |
| 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 |
$82,160 | $67,410 | ~$104,752 | $82,160 | 2025 | $52,141 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$4,671,658 | ~$4,416,144 | ~2.0139% | ~$88,938 | +16.4% |
| 2027 | ~$5,436,152 | ~$4,857,758 | ~1.9814% | ~$96,251 | +35.4% |
| 2028 | ~$6,325,751 | ~$5,343,534 | ~1.9488% | ~$104,137 | +57.6% |
| 2029 | ~$7,360,929 | ~$5,877,887 | ~1.9163% | ~$112,637 | +83.4% |
| 2030 | ~$8,565,509 | ~$6,465,676 | ~1.8837% | ~$121,797 | +113.4% |
| 2026 | ~$4,591,364 | ~$4,416,144 | ~2.0465% | ~$90,376 | +14.4% |
| 2027 | ~$5,250,891 | ~$4,857,758 | ~2.0465% | ~$99,413 | +30.8% |
| 2028 | ~$6,005,156 | ~$5,343,534 | ~2.0465% | ~$109,355 | +49.6% |
| 2029 | ~$6,867,767 | ~$5,877,887 | ~2.0465% | ~$120,290 | +71.1% |
| 2030 | ~$7,854,288 | ~$6,465,676 | ~2.0465% | ~$132,319 | +95.6% |
| 2026 | ~$4,751,951 | ~$4,416,144 | ~1.9977% | ~$88,220 | +18.4% |
| 2027 | ~$5,624,624 | ~$4,857,758 | ~1.9488% | ~$94,670 | +40.1% |
| 2028 | ~$6,657,558 | ~$5,343,534 | ~1.9000% | ~$101,528 | +65.8% |
| 2029 | ~$7,880,186 | ~$5,877,887 | ~1.8512% | ~$108,811 | +96.3% |
| 2030 | ~$9,327,344 | ~$6,465,676 | ~1.8024% | ~$116,535 | +132.3% |
In 2025, this property's market value of $4,014,676 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — +183% 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 | $4,014,676 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $4,100,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $2,640,145 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $2,420,300 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $2,189,618 | $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.