ED BLUESTEIN BLVD TX 78725
| Owner | BOLM OWNER LLC |
|---|---|
| Parcel ID | 0202210235 |
| Short ID | 789582 |
| Type | Real |
| Use Code | 53 Office Small (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 5,732 SF |
| Land SF | 217,887 SF |
| Acres | 5.002 |
| Year Built | 1955 |
| Legal | ABS 4 SUR 19 BURLESON J ACR 5.0020 |
| Neighborhood | GPITS |
| Land | $1,743,097 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,743,097 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $1,743,097 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,743,097 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,743,097 |
| Taxable Value | $1,743,097 |
|---|
Appreciation: Market value has risen +306.0% from $429,304 (2021) to $1,743,097 (2025), a CAGR of 42.0% over 4 years. This is strong appreciation — well above typical inflation. Growth has been fairly evenly spread across these years rather than concentrated in one jump. 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 $35,672. 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 income approach, so changes in rent roll or occupancy move the appraisal more directly than they would for a cost-approach property.
Value Composition: Land carries 100% of market value ($1,743,097 land vs $0 improvements), about $8/SF of land. With value concentrated in the land under a ~71-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 $1,743,097, 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 +42.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $10,046,559 by 2030, with an estimated annual tax burden around $52,882. 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 |
|---|---|---|---|
| 551 | PAVED AREA | 42,500 SF | ✗ |
| 1ST | 1st Floor | 3,352 SF | ✓ |
| 2ND | 2nd Floor | 2,380 SF | ✓ |
| 327 | STORAGE COMM'L | 396 SF | ✓ |
| 501 | CANOPY | 236 SF | ✗ |
| 061C | CARPORT ATT 1ST COMM | 196 SF | ✗ |
| 413 | STAIRWAY EXT | 2 SF | ✓ |
Market value changed by 156% 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% | $16,127.13 | $16,127.13 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $9,134.12 | $9,134.12 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $6,551.34 | $6,551.34 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,057.26 | $2,057.26 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,802.36 | $1,802.36 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $35,672.21 | $35,672.21 | Paid |
| 2026 Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | — | $1,743,097 | — |
| Assessed Value | — | $1,743,097 | — |
| Land Value | — | $1,743,097 | — |
| Improvement Value | — | — | — |
| Taxable Value | — | $1,743,097 | — |
| Total Tax | Pending certification |
~$35,672
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2025 | $1,743,097 | $1,743,097 | — | — | $1,743,097 | $1,743,097 | ~$35,672 | Partial |
| 2024 | $1,413,208 | — | — | — | $1,743,097 ! | $— | $33,609 | Verified |
| 2023 | $1,104,817 | — | — | −$233,269 | $871,548 | $— | $25,568 | Verified |
| 2022 | $431,864 | — | — | — | $871,548 ! | $— | $21,819 | Verified |
| 2021 | $429,304 | — | — | −$167,839 | $261,465 | $— | $9,400 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2025 | -17.9% | +2.8% | ~100% | Not available | Partial |
| 2024 | +50.2% | +20.0% | 79.9% | 1.5800% | Verified |
| 2023 | +27.9% | +27.9% | ~100% | 1.8100% | Verified |
| 2022 | +155.8% ! | +155.8% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1900% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +303.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +23.3% | +51.9% | +42.0% | +155.8% | 2023 | +0.6% | 2022 |
| Assessment Ratio | 100.0% | 113.0% | — | 201.8% | 2022 | 60.9% | 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 |
$35,672 | $25,214 | ~$45,481 | $35,672 | 2025 | $9,400 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,474,348 | ~$1,917,407 | ~2.0139% | ~$38,615 | +42.0% |
| 2027 | ~$3,512,367 | ~$2,109,147 | ~1.9814% | ~$41,790 | +101.5% |
| 2028 | ~$4,985,848 | ~$2,320,062 | ~1.9488% | ~$45,214 | +186.0% |
| 2029 | ~$7,077,472 | ~$2,552,068 | ~1.9163% | ~$48,905 | +306.0% |
| 2030 | ~$10,046,559 | ~$2,807,275 | ~1.8837% | ~$52,882 | +476.4% |
| 2026 | ~$2,439,486 | ~$1,917,407 | ~2.0465% | ~$39,239 | +40.0% |
| 2027 | ~$3,414,090 | ~$2,109,147 | ~2.0465% | ~$43,163 | +95.9% |
| 2028 | ~$4,778,061 | ~$2,320,062 | ~2.0465% | ~$47,480 | +174.1% |
| 2029 | ~$6,686,955 | ~$2,552,068 | ~2.0465% | ~$52,228 | +283.6% |
| 2030 | ~$9,358,476 | ~$2,807,275 | ~2.0465% | ~$57,450 | +436.9% |
| 2026 | ~$2,509,210 | ~$1,917,407 | ~1.9977% | ~$38,303 | +44.0% |
| 2027 | ~$3,612,038 | ~$2,109,147 | ~1.9488% | ~$41,104 | +107.2% |
| 2028 | ~$5,199,573 | ~$2,320,062 | ~1.9000% | ~$44,082 | +198.3% |
| 2029 | ~$7,484,849 | ~$2,552,068 | ~1.8512% | ~$47,244 | +329.4% |
| 2030 | ~$10,774,532 | ~$2,807,275 | ~1.8024% | ~$50,598 | +518.1% |
In 2025, this property's market value of $1,743,097 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +23% 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 | $1,743,097 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $1,413,208 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $1,104,817 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $431,864 | $553,066 | $1,215,730 | $2,939,150 | ↓ Bottom 25% | +3.3% |
| 2021 | $429,304 | $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.