801 AIRPORT BLVD TX 78702
| Owner | AUSTIN CONCRETE WORKS |
|---|---|
| Parcel ID | 0202170203 |
| Short ID | 190100 |
| Type | Real |
| Use Code | 69 Mfg / Eng / Lab Industrial |
| Valuation | Cost |
| Improvement SF | 43,312 SF |
| Land SF | 1,191,845 SF |
| Acres | 27.361 |
| Year Built | 1957 |
| Legal | IMPS ONLY ON 27.805 ACRE ABS 22 SUR 29 TANNEHILL J C BLK 5,7-9 TAYLOR THOMAS F |
| Neighborhood | 69EAS |
| Land | $59,592,250 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $59,592,250 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $57,351,368 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $57,351,368 |
| Value Limitation Adjustment (−) (homestead cap) | −$738,587 |
| Net Appraised (assessed) | $56,612,781 |
| Taxable Value | $56,612,781 |
|---|
Appreciation: Market value has risen +864.7% from $5,945,269 (2021) to $57,351,368 (2025), a CAGR of 76.2% 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 5 taxing entities is 2.0465% in 2025 (+0.0647% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $1,158,572. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Assessment Gap: Assessed value ($56,612,781) is $738,587 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 104% of market value ($59,592,250 land vs $0 improvements), about $50/SF of land. With value concentrated in the land under a ~69-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 $57,351,368, 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 +76.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $975,010,116 by 2030, with an estimated annual tax burden around $1,717,511. 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 |
|---|---|---|---|
| 1ST | 1st Floor | 43,312 SF | ✓ |
| 611 | TERRACE | 13,950 SF | ✗ |
| 501 | CANOPY | 13,325 SF | ✗ |
| 541 | FENCE COMM LF | 2,000 SF | ✗ |
| 881 | COMMCL FINISHOUT | 1,350 SF | ✓ |
| 327 | STORAGE COMM'L | 280 SF | ✓ |
| 551 | PAVED AREA | 135 SF | ✗ |
| Unit (prop_id) | Owner | Address | Market Value | Assessed Value | Taxable Value |
|---|---|---|---|---|---|
| 190100 | PIPE PORTFOLIO OWNER (MULTI) LP | 801 AIRPORT BLVD 78702 | $56,612,637 | $56,612,637 | $56,612,637 |
| 359095 | AUSTIN CONCRETE WORKS | 801 AIRPORT BLVD 78702 | $348,486 | $173 | $173 |
Market value changed by 76% in 2022, 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% | $523,781.45 | $523,781.45 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $296,660.59 | $296,660.59 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $212,776.31 | $212,776.31 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $66,816.10 | $66,816.10 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $58,537.62 | $58,537.62 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $1,158,572.07 | $1,158,572.07 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $56,961,123 | $57,351,368 | -0.7% |
| Assessed Value | $56,612,810 | $56,612,781 | +0.0% |
| Land Value | $59,592,250 | $59,592,250 | +0.0% |
| Improvement Value | — | — | — |
| Taxable Value | $56,612,810 | $56,612,781 | +0.0% |
| HS Cap Loss | -$348,313 | — | |
| Total Tax 2026 = estimate |
~$1,158,573
Estimated
|
~$1,158,572
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $60,368,020 | $56,961,123 | -3,406,897 (-5.6%) |
| Taxable Value | $59,611,916 | $56,612,810 | -2,999,106 (-5.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $56,961,123 | $59,592,250 | — | −$348,313 | $56,612,810 | $56,612,810 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $57,351,368 | $59,592,250 | — | −$738,587 | $56,612,781 | $56,612,781 | ~$1,158,572 | Partial |
| 2024 | $56,612,737 | — | — | −$100 | $56,612,637 | $— | $1,121,960 | Verified |
| 2023 | $7,021,000 | — | — | — | $56,612,637 ! | $— | $1,024,264 | Verified |
| 2022 | $6,934,794 | — | — | −$975,569 | $5,959,225 | $— | $138,916 | Verified |
| 2021 | $5,945,269 | — | — | −$348,752 | $5,596,517 | $— | $150,948 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +2.4% | +20.1% | 0.0% | Not available | Partial |
| 2025 | +123.9% ! | +20.0% | 0.0% | Not available | Partial |
| 2024 | +329900.0% ! | +20.0% | 0.0% | 1.9700% | Verified |
| 2023 | -100.0% ! | -100.0% | ~100% | 1.8100% | Verified |
| 2022 | -76.5% ! | -76.5% | ~100% | 1.9100% | Verified |
| 2021 | base year | — | ~100% | 2.5400% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -86.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -0.7% | +144.9% | +76.5% | +706.3% | 2024 | -0.7% | 2026 |
| Assessment Ratio | 99.4% | 214.1% | — | 806.3% | 2023 | 85.9% | 2022 |
| Effective Tax Rate (2025) | 0.0000% | 0.0000% | — | 0.0000% | 2025 | 0.0000% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$1,158,572 | $718,932 | ~$1,477,157 | $1,158,572 | 2025 | $138,916 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$101,073,394 | ~$62,274,059 | ~2.0139% | ~$1,254,160 | +76.2% |
| 2027 | ~$178,127,067 | ~$68,501,465 | ~1.9814% | ~$1,357,280 | +210.6% |
| 2028 | ~$313,922,891 | ~$75,351,612 | ~1.9488% | ~$1,468,482 | +447.4% |
| 2029 | ~$553,243,160 | ~$82,886,773 | ~1.9163% | ~$1,588,352 | +864.7% |
| 2030 | ~$975,010,116 | ~$91,175,450 | ~1.8837% | ~$1,717,511 | +1600.1% |
| 2026 | ~$99,926,367 | ~$62,274,059 | ~2.0465% | ~$1,274,429 | +74.2% |
| 2027 | ~$174,107,072 | ~$68,501,465 | ~2.0465% | ~$1,401,872 | +203.6% |
| 2028 | ~$303,356,096 | ~$75,351,612 | ~2.0465% | ~$1,542,059 | +428.9% |
| 2029 | ~$528,553,609 | ~$82,886,773 | ~2.0465% | ~$1,696,265 | +821.6% |
| 2030 | ~$920,927,322 | ~$91,175,450 | ~2.0465% | ~$1,865,892 | +1505.8% |
| 2026 | ~$102,220,421 | ~$62,274,059 | ~1.9977% | ~$1,244,025 | +78.2% |
| 2027 | ~$182,192,944 | ~$68,501,465 | ~1.9488% | ~$1,334,984 | +217.7% |
| 2028 | ~$324,732,262 | ~$75,351,612 | ~1.9000% | ~$1,431,693 | +466.2% |
| 2029 | ~$578,787,740 | ~$82,886,773 | ~1.8512% | ~$1,534,395 | +909.2% |
| 2030 | ~$1,031,604,455 | ~$91,175,450 | ~1.8024% | ~$1,643,320 | +1698.7% |
In 2025, this property's market value of $57,351,368 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 40× 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 | $57,351,368 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $56,612,737 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $7,021,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $6,934,794 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $5,945,269 | $517,750 | $1,142,600 | $2,780,453 | ↑ Top 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.