310 COMAL ST 2 TX 78702
| Owner | WKM 1501 LLC |
|---|---|
| Parcel ID | 0204062921 |
| Short ID | 931825 |
| Type | Real |
| Use Code | 51 Office Large (>35,000 SF) |
| Valuation | Income |
| Improvement SF | 750 SF |
| Land SF | 166 SF |
| Acres | 0.004 |
| Year Built | 2000 |
| Legal | UNT COMMERCIAL MASTER UNIT 2 COMAL STREET MASTER CONDOMINIUMS PLUS .382 % INT IN COM AREA |
| Neighborhood | 51EAS |
| Land | $29,076 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $29,076 |
| Improvement | $360,504 |
|---|---|
| Total Improvement | $360,504 |
| Market | $389,580 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $389,580 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $389,580 |
| Taxable Value | $389,580 |
|---|
| Total Due | $9,168.60 |
|---|---|
| First Delinquent | — |
Appreciation: Market value has risen +1938.9% from $19,107 (2021) to $389,580 (2025), a CAGR of 112.5% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2021→2023), 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 $7,973. 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 7% of market value ($29,076 land vs $360,504 improvements), about $175/SF of land. Most value sits in the improvements, so building condition, age (~26 yrs), and rent roll drive the underwriting.
Submarket Position: At $389,580, this parcel sits in the bottom quartile (<25th 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 +112.5% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $16,879,199 by 2030, with an estimated annual tax burden around $11,819. Estimated Forward figures are model projections, not certified — see the 6-Year Projection section for the low/base/high bands.
Delinquent Taxes: $9,168.60 in unpaid taxes . These become a lien on the property and transfer to the buyer at closing unless negotiated otherwise.
2 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 750 SF | ✓ |
| 187 | PARKING GARAGE | 401 SF | ✓ |
| Entity | 2024 Rate | 2025 Rate | Rate Effect |
|---|---|---|---|
| City of Austin | 0.4776% | 0.5240% | +181 |
| Travis County | 0.3444% | 0.3758% | +122 |
| Austin ISD | 0.9505% | 0.9252% | -99 |
| Travis Central Health | 0.1080% | 0.1180% | +39 |
| Austin Community College | 0.1013% | 0.1034% | +8 |
Market value changed by 3040% in 2022, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
This parcel has unpaid taxes on record. Delinquent taxes are a lien on the property and transfer to the buyer at closing unless negotiated otherwise.
| 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% | $3,604.39 | $— | $3,604.39 |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $2,041.47 | $— | $2,041.47 |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,464.22 | $— | $1,464.22 |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $459.79 | $— | $459.79 |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $402.83 | $— | $402.83 |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $7,972.70 | $0.00 | $7,972.70 |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $327,321 | $389,580 | -16.0% |
| Assessed Value | $327,321 | $389,580 | -16.0% |
| Land Value | $29,076 | $29,076 | +0.0% |
| Improvement Value | $298,245 | $360,504 | -17.3% |
| Taxable Value | $327,321 | $389,580 | -16.0% |
| Total Tax 2026 = estimate |
~$6,699
Estimated
|
$7,973 | ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $327,321 | $327,321 | +0 (+0.0%) |
| Taxable Value | $327,321 | $327,321 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $327,321 | $29,076 | $298,245 | — | $327,321 | $327,321 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $389,580 | $29,076 | $360,504 | — | $389,580 | $389,580 | $7,973 | Verified |
| 2024 | $600,000 | — | — | −$570,924 | $29,076 | $— | $11,891 | Verified |
| 2023 | $600,000 | — | — | −$570,924 | $29,076 | $— | $10,855 | Verified |
| 2022 | $— | — | — | — | $20,769 | $— | $11,850 | Verified |
| 2021 | $19,107 | — | — | — | $19,107 | $— | $416 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -16.0% | -16.0% | ~100% | Not available | Partial |
| 2025 | -35.1% | -35.1% | ~100% | 2.0500% | Verified |
| 2024 | +0.0% | +0.0% | ~100% | 1.9800% | Verified |
| 2023 | +0.0% | +0.0% | ~100% | 1.8100% | Verified |
| 2022 | +3040.2% ! | +3040.2% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +1938.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -16.0% | +747.3% | +120.6% | +3040.2% | 2023 | -35.1% | 2025 |
| Assessment Ratio | 100.0% | 61.9% | — | 100.0% | 2021 | 4.8% | 2023 |
| Effective Tax Rate (2025) | 2.0500% | 2.0500% | — | 2.0500% | 2025 | 2.0500% | 2025 |
| Tax Amount | $7,973 | $7,784 | ~$10,165 | $11,891 | 2024 | $416 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$827,842 | ~$428,538 | ~2.0139% | ~$8,630 | +112.5% |
| 2027 | ~$1,759,133 | ~$471,392 | ~1.9814% | ~$9,340 | +351.5% |
| 2028 | ~$3,738,090 | ~$518,531 | ~1.9488% | ~$10,105 | +859.5% |
| 2029 | ~$7,943,297 | ~$570,384 | ~1.9163% | ~$10,930 | +1938.9% |
| 2030 | ~$16,879,199 | ~$627,422 | ~1.8837% | ~$11,819 | +4232.7% |
| 2026 | ~$820,051 | ~$428,538 | ~2.0465% | ~$8,770 | +110.5% |
| 2027 | ~$1,726,175 | ~$471,392 | ~2.0465% | ~$9,647 | +343.1% |
| 2028 | ~$3,633,532 | ~$518,531 | ~2.0465% | ~$10,612 | +832.7% |
| 2029 | ~$7,648,445 | ~$570,384 | ~2.0465% | ~$11,673 | +1863.3% |
| 2030 | ~$16,099,682 | ~$627,422 | ~2.0465% | ~$12,840 | +4032.6% |
| 2026 | ~$835,634 | ~$428,538 | ~1.9977% | ~$8,561 | +114.5% |
| 2027 | ~$1,792,403 | ~$471,392 | ~1.9488% | ~$9,187 | +360.1% |
| 2028 | ~$3,844,635 | ~$518,531 | ~1.9000% | ~$9,852 | +886.9% |
| 2029 | ~$8,246,593 | ~$570,384 | ~1.8512% | ~$10,559 | +2016.8% |
| 2030 | ~$17,688,623 | ~$627,422 | ~1.8024% | ~$11,308 | +4440.4% |
In 2025, this property's market value of $389,580 places it in the bottom 25% for Commercial properties in Travis County (13608 comparable) — -73% below 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 | $389,580 | $649,268 | $1,417,484 | $3,347,260 | ↓ Bottom 25% | -0.8% |
| 2024 | $600,000 | $661,016 | $1,438,465 | $3,471,171 | ↓ Bottom 25% | +0.0% |
| 2023 | $600,000 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | — | $553,066 | $1,215,730 | $2,939,150 | — | +3.3% |
| 2021 | $19,107 | $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.