725 AIRPORT BLVD AUSTIN, TX 78702
| Owner | AMALGAMATED TRANSIT UNION |
|---|---|
| Parcel ID | 0202170215 |
| Short ID | 696892 |
| Type | Real |
| Use Code | 61 Warehouse (<20,000 SF) |
| Valuation | Cost |
| Improvement SF | 4,000 SF |
| Land SF | 16,610 SF |
| Acres | 0.381 |
| Year Built | 1968 |
| Legal | LOT 3 WALKER SUBD |
| Neighborhood | 61EAS |
| Land | $1,328,800 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,328,800 |
| Improvement | $358,386 |
|---|---|
| Total Improvement | $358,386 |
| Market | $1,687,186 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,687,186 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,687,186 |
| Taxable Value | $1,687,186 |
|---|
Appreciation: Market value has risen +207.0% from $549,600 (2021) to $1,687,186 (2025), a CAGR of 32.4% 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 $34,528. 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 79% of market value ($1,328,800 land vs $358,386 improvements), about $80/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 $1,687,186, 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 +32.4% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $6,855,802 by 2030, with an estimated annual tax burden around $51,186. 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.
5 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 6,500 SF | ✗ |
| 1ST | 1st Floor | 4,000 SF | ✓ |
| 881 | COMMCL FINISHOUT | 3,244 SF | ✓ |
| 591 | MASONRY TRIM SF | 150 SF | ✗ |
| 501 | CANOPY | 56 SF | ✗ |
Market value changed by 200% 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% | $15,609.84 | $15,609.84 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $8,841.14 | $8,841.14 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $6,341.20 | $6,341.20 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,991.27 | $1,991.27 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,744.55 | $1,744.55 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $34,528.00 | $34,528.00 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,740,800 | $1,687,186 | +3.2% |
| Assessed Value | $1,740,800 | $1,687,186 | +3.2% |
| Land Value | $1,328,800 | $1,328,800 | +0.0% |
| Improvement Value | $412,000 | $358,386 | +15.0% |
| Taxable Value | $1,740,800 | $1,687,186 | +3.2% |
| Total Tax 2026 = estimate |
~$35,625
Estimated
|
~$34,528
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,740,800 | $1,740,800 | +0 (+0.0%) |
| Taxable Value | $1,740,800 | $1,740,800 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,740,800 | $1,328,800 | $412,000 | — | $1,740,800 | $1,740,800 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,687,186 | $1,328,800 | $358,386 | — | $1,687,186 | $1,687,186 | ~$34,528 | Partial |
| 2024 | $1,738,700 | — | — | −$409,900 | $1,328,800 | $— | $33,437 | Verified |
| 2023 | $548,686 | — | — | — | $1,494,900 ! | $— | $31,457 | Verified |
| 2022 | $546,766 | — | — | −$347,446 | $199,320 | $— | $10,836 | Verified |
| 2021 | $549,600 | — | — | −$350,280 | $199,320 | $— | $11,901 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +3.2% | +3.2% | ~100% | Not available | Partial |
| 2025 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2024 | -3.0% | -3.0% | ~100% | 1.9800% | Verified |
| 2023 | +200.1% ! | +200.1% | ~100% | 1.8100% | Verified |
| 2022 | +6.0% | +6.0% | ~100% | 1.8700% | Verified |
| 2021 | base year | — | ~100% | 2.1700% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +208.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +3.2% | +43.4% | +31.6% | +216.9% | 2024 | -3.0% | 2025 |
| Assessment Ratio | 100.0% | 103.6% | — | 272.5% | 2023 | 36.3% | 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 |
$34,528 | $24,432 | ~$44,023 | $34,528 | 2025 | $10,836 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,233,274 | ~$1,855,905 | ~2.0139% | ~$37,377 | +32.4% |
| 2027 | ~$2,956,113 | ~$2,041,495 | ~1.9814% | ~$40,450 | +75.2% |
| 2028 | ~$3,912,913 | ~$2,245,645 | ~1.9488% | ~$43,764 | +131.9% |
| 2029 | ~$5,179,397 | ~$2,470,209 | ~1.9163% | ~$47,336 | +207.0% |
| 2030 | ~$6,855,802 | ~$2,717,230 | ~1.8837% | ~$51,186 | +306.3% |
| 2026 | ~$2,199,530 | ~$1,855,905 | ~2.0465% | ~$37,981 | +30.4% |
| 2027 | ~$2,867,457 | ~$2,041,495 | ~2.0465% | ~$41,779 | +70.0% |
| 2028 | ~$3,738,212 | ~$2,245,645 | ~2.0465% | ~$45,957 | +121.6% |
| 2029 | ~$4,873,387 | ~$2,470,209 | ~2.0465% | ~$50,552 | +188.8% |
| 2030 | ~$6,353,279 | ~$2,717,230 | ~2.0465% | ~$55,608 | +276.6% |
| 2026 | ~$2,267,018 | ~$1,855,905 | ~1.9977% | ~$37,075 | +34.4% |
| 2027 | ~$3,046,119 | ~$2,041,495 | ~1.9488% | ~$39,785 | +80.5% |
| 2028 | ~$4,092,973 | ~$2,245,645 | ~1.9000% | ~$42,668 | +142.6% |
| 2029 | ~$5,499,596 | ~$2,470,209 | ~1.8512% | ~$45,728 | +226.0% |
| 2030 | ~$7,389,632 | ~$2,717,230 | ~1.8024% | ~$48,975 | +338.0% |
In 2025, this property's market value of $1,687,186 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +19% 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 | $1,687,186 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $1,738,700 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $548,686 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $546,766 | $553,066 | $1,215,730 | $2,939,150 | ↓ Bottom 25% | +3.3% |
| 2021 | $549,600 | $517,750 | $1,142,600 | $2,780,453 | ↓ Below 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.