3008 GONZALES ST TX 78702
| Owner | HAPPY VENTURES LLC |
|---|---|
| Parcel ID | 0204130706 |
| Short ID | 192382 |
| Type | Real |
| Use Code | 61 Warehouse (<20,000 SF) |
| Valuation | Cost |
| Improvement SF | 6,310 SF |
| Land SF | 45,520 SF |
| Acres | 1.045 |
| Year Built | 1979 |
| Legal | LOT 2-6 BLK 1 LOT 13 BLK 2 OLT 27 DIV A BRASS G M SUBD PLUS 1/2 VAC ALLEY & STREET |
| Neighborhood | 61EAS |
| Land | $1,877,700 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,877,700 |
| Improvement | $429,710 |
|---|---|
| Total Improvement | $429,710 |
| Market | $2,307,410 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,307,410 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $2,307,410 |
| Taxable Value | $2,307,410 |
|---|
Appreciation: Market value has risen +53.8% from $1,500,000 (2021) to $2,307,410 (2025), a CAGR of 11.4% 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 $47,221. 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 81% of market value ($1,877,700 land vs $429,710 improvements), about $41/SF of land. With value concentrated in the land under a ~47-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 $2,307,410, 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 +11.4% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $3,952,908 by 2030, with an estimated annual tax burden around $70,002. 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.
11 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 6,310 SF | ✓ |
| 551 | PAVED AREA | 6,072 SF | ✗ |
| 093 | HVAC COMMRCL SF | 2,500 SF | ✗ |
| 881 | COMMCL FINISHOUT | 1,656 SF | ✓ |
| 095 | HVAC RESIDENTIAL | 1,310 SF | ✗ |
| 541 | FENCE COMM LF | 965 SF | ✗ |
| 273 | COLDSTG VAULT SM | 502 SF | ✓ |
| 511 | DECK | 381 SF | ✗ |
| 437 | FENCE MASON LF | 130 SF | ✗ |
| 571C | STORAGE DET COMM | 128 SF | ✓ |
| 611 | TERRACE | 64 SF | ✗ |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| 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% | $21,348.16 | $21,348.16 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $12,091.22 | $12,091.22 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $8,672.29 | $8,672.29 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,723.27 | $2,723.27 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,385.86 | $2,385.86 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $47,220.80 | $47,220.80 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,746,033 | $2,307,410 | +19.0% |
| Assessed Value | $2,746,033 | $2,307,410 | +19.0% |
| Land Value | $1,877,700 | $1,877,700 | +0.0% |
| Improvement Value | $868,333 | $429,710 | +102.1% |
| Taxable Value | $2,746,033 | $2,307,410 | +19.0% |
| Total Tax 2026 = estimate |
~$56,197
Estimated
|
~$47,221
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $2,746,033 | $2,746,033 | +0 (+0.0%) |
| Taxable Value | $2,746,033 | $2,746,033 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,746,033 | $1,877,700 | $868,333 | — | $2,746,033 | $2,746,033 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $2,307,410 | $1,877,700 | $429,710 | — | $2,307,410 | $2,307,410 | ~$47,221 | Partial |
| 2024 | $2,158,687 | — | — | — | — | $— | $45,729 | Verified |
| 2023 | $2,158,687 | — | — | — | — | $— | $39,056 | Verified |
| 2022 | $1,900,000 | — | — | — | — | $— | $42,632 | Verified |
| 2021 | $1,500,000 | — | — | — | $1,877,700 ! | $— | $41,357 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +19.0% | +19.0% | ~100% | Not available | Partial |
| 2025 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2024 | +6.9% | +6.9% | ~100% | 1.9800% | Verified |
| 2023 | +0.0% | +0.0% | ~100% | 1.8100% | Verified |
| 2022 | +13.6% | +13.6% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.7600% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +21.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +19.0% | +13.2% | +7.8% | +26.7% | 2022 | +0.0% | 2024 |
| Assessment Ratio | 100.0% | 108.4% | — | 125.2% | 2021 | 100.0% | 2025 |
| 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 |
$47,221 | $43,199 | ~$60,206 | $47,221 | 2025 | $39,056 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,569,704 | ~$2,538,151 | ~2.0139% | ~$51,117 | +11.4% |
| 2027 | ~$2,861,815 | ~$2,791,966 | ~1.9814% | ~$55,320 | +24.0% |
| 2028 | ~$3,187,131 | ~$3,071,163 | ~1.9488% | ~$59,852 | +38.1% |
| 2029 | ~$3,549,427 | ~$3,378,279 | ~1.9163% | ~$64,738 | +53.8% |
| 2030 | ~$3,952,908 | ~$3,716,107 | ~1.8837% | ~$70,002 | +71.3% |
| 2026 | ~$2,523,556 | ~$2,523,556 | ~2.0465% | ~$51,644 | +9.4% |
| 2027 | ~$2,759,950 | ~$2,759,950 | ~2.0465% | ~$56,482 | +19.6% |
| 2028 | ~$3,018,487 | ~$3,018,487 | ~2.0465% | ~$61,773 | +30.8% |
| 2029 | ~$3,301,243 | ~$3,301,243 | ~2.0465% | ~$67,559 | +43.1% |
| 2030 | ~$3,610,486 | ~$3,610,486 | ~2.0465% | ~$73,888 | +56.5% |
| 2026 | ~$2,615,852 | ~$2,538,151 | ~1.9977% | ~$50,704 | +13.4% |
| 2027 | ~$2,965,526 | ~$2,791,966 | ~1.9488% | ~$54,411 | +28.5% |
| 2028 | ~$3,361,942 | ~$3,071,163 | ~1.9000% | ~$58,353 | +45.7% |
| 2029 | ~$3,811,349 | ~$3,378,279 | ~1.8512% | ~$62,538 | +65.2% |
| 2030 | ~$4,320,830 | ~$3,716,107 | ~1.8024% | ~$66,978 | +87.3% |
In 2025, this property's market value of $2,307,410 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +63% 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 | $2,307,410 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $2,158,687 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $2,158,687 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $1,900,000 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $1,500,000 | $517,750 | $1,142,600 | $2,780,453 | ↑ Above 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.