853 AIRPORT BLVD TX 78702
| Owner | EAST AUSTIN STORAGE 2 LLC |
|---|---|
| Parcel ID | 0203180317 |
| Short ID | 191270 |
| Type | Real |
| Use Code | 63 Mini-Warehouse / Self-Storage |
| Valuation | Income |
| Improvement SF | 112,000 SF |
| Land SF | 75,930 SF |
| Acres | 1.743 |
| Year Built | 2024 |
| Legal | LOT 1 B SQUARE ADDN |
| Neighborhood | 63EAS |
| Land | $4,373,568 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $4,373,568 |
| Improvement | $2,561,568 |
|---|---|
| Total Improvement | $2,561,568 |
| Market | $6,935,136 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $6,935,136 |
| Value Limitation Adjustment (−) (homestead cap) | −$293,568 |
| Net Appraised (assessed) | $6,641,568 |
| Taxable Value | $6,641,568 |
|---|
Appreciation: Market value has risen +565.7% from $1,041,778 (2021) to $6,935,136 (2025), a CAGR of 60.6% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2025→2026), 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 $135,919. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Assessment Gap: Assessed value ($6,641,568) is $293,568 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 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 63% of market value ($4,373,568 land vs $2,561,568 improvements), about $58/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $6,935,136, 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 +60.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $74,157,441 by 2030, with an estimated annual tax burden around $201,491. 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.
1 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 112,000 SF | ✓ |
Market value changed by 116% 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% | $55,571.51 | $55,571.51 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $31,474.72 | $31,474.72 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $22,574.87 | $22,574.87 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $7,088.97 | $7,088.97 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $6,210.65 | $6,210.65 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $122,920.72 | $122,920.72 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $19,133,905 | $6,935,136 | +175.9% |
| Assessed Value | $10,437,798 | $6,641,568 | +57.2% |
| Land Value | $4,373,568 | $4,373,568 | +0.0% |
| Improvement Value | $14,760,337 | $2,561,568 | +476.2% |
| Taxable Value | $10,437,798 | $6,641,568 | +57.2% |
| HS Cap Loss | -$8,696,107 | — | |
| Total Tax 2026 = estimate |
~$213,608
Estimated
|
~$122,921
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $19,133,905 | $19,133,905 | +0 (+0.0%) |
| Taxable Value | $10,437,798 | $10,437,798 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $19,133,905 | $4,373,568 | $14,760,337 | −$8,696,107 | $10,437,798 | $10,437,798 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $6,935,136 | $4,373,568 | $2,561,568 | −$293,568 | $6,641,568 | $6,641,568 | ~$122,921 | Partial |
| 2024 | $3,453,936 | — | — | −$53,936 | $3,400,000 | $— | $67,382 | Verified |
| 2023 | $1,618,915 | — | — | — | $3,500,000 ! | $— | $58,124 | Verified |
| 2022 | $1,042,855 | — | — | — | $1,491,437 ! | $— | $31,972 | Verified |
| 2021 | $1,041,778 | — | — | −$47,487 | $994,291 | $— | $22,700 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +175.9% ! | +57.2% | 54.6% | Not available | Partial |
| 2025 | +104.0% ! | +95.3% | 95.8% | Not available | Partial |
| 2024 | -2.9% | -2.9% | ~100% | 1.9800% | Verified |
| 2023 | +116.2% ! | +116.2% | ~100% | 1.6600% | Verified |
| 2022 | +55.2% | +55.2% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +565.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +175.9% | +89.1% | +40.1% | +175.9% | 2026 | +0.1% | 2022 |
| Assessment Ratio | 54.6% | 117.2% | — | 216.2% | 2023 | 54.6% | 2026 |
| Effective Tax Rate (2025) | 1.7700% | 1.7700% | — | 1.7700% | 2025 | 1.7700% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$122,921 | $60,620 | ~$173,294 | $122,921 | 2025 | $22,700 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$11,139,737 | ~$7,305,725 | ~2.0139% | ~$147,133 | +60.6% |
| 2027 | ~$17,893,483 | ~$8,036,297 | ~1.9814% | ~$159,230 | +158.0% |
| 2028 | ~$28,741,858 | ~$8,839,927 | ~1.9488% | ~$172,276 | +314.4% |
| 2029 | ~$46,167,333 | ~$9,723,920 | ~1.9163% | ~$186,339 | +565.7% |
| 2030 | ~$74,157,441 | ~$10,696,312 | ~1.8837% | ~$201,491 | +969.3% |
| 2026 | ~$11,001,034 | ~$7,305,725 | ~2.0465% | ~$149,511 | +58.6% |
| 2027 | ~$17,450,667 | ~$8,036,297 | ~2.0465% | ~$164,462 | +151.6% |
| 2028 | ~$27,681,561 | ~$8,839,927 | ~2.0465% | ~$180,908 | +299.1% |
| 2029 | ~$43,910,573 | ~$9,723,920 | ~2.0465% | ~$198,999 | +533.2% |
| 2030 | ~$69,654,252 | ~$10,696,312 | ~2.0465% | ~$218,898 | +904.4% |
| 2026 | ~$11,278,440 | ~$7,305,725 | ~1.9977% | ~$145,944 | +62.6% |
| 2027 | ~$18,341,846 | ~$8,036,297 | ~1.9488% | ~$156,615 | +164.5% |
| 2028 | ~$29,828,890 | ~$8,839,927 | ~1.9000% | ~$167,960 | +330.1% |
| 2029 | ~$48,509,983 | ~$9,723,920 | ~1.8512% | ~$180,009 | +599.5% |
| 2030 | ~$78,890,582 | ~$10,696,312 | ~1.8024% | ~$192,787 | +1037.5% |
In 2025, this property's market value of $6,935,136 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 5× 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 | $6,935,136 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $3,453,936 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $1,618,915 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $1,042,855 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $1,041,778 | $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.