1141 SHADY LN TX 78721
| Owner | 1141 SHADY ASSOCIATES LP LLC |
|---|---|
| Parcel ID | 0204190405 |
| Short ID | 192592 |
| Type | Real |
| Use Code | 51 Office Large (>35,000 SF) |
| Valuation | Income |
| Improvement SF | 61,955 SF |
| Land SF | 83,897 SF |
| Acres | 1.926 |
| Year Built | 2020 |
| Legal | 1.9260 AC OF ABS 22 SUR 29 TANNEHILL J C |
| Neighborhood | 51EAS |
| Land | $3,355,862 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $3,355,862 |
| Improvement | $14,644,138 |
|---|---|
| Total Improvement | $14,644,138 |
| Market | $18,000,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $18,000,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $18,000,000 |
| Taxable Value | $18,000,000 |
|---|
Appreciation: Market value has risen +748.0% from $2,122,545 (2021) to $18,000,000 (2025), a CAGR of 70.6% 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 $368,367. 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 19% of market value ($3,355,862 land vs $14,644,138 improvements), about $40/SF of land. Most value sits in the improvements, so building condition, age (~6 yrs), and rent roll drive the underwriting.
Submarket Position: At $18,000,000, 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 +70.7% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $260,490,568 by 2030, with an estimated annual tax burden around $546,082. 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.
4 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 3RD | 3rd Floor | 32,000 SF | ✓ |
| 551 | PAVED AREA | 28,531 SF | ✗ |
| 2ND | 2nd Floor | 22,240 SF | ✓ |
| 1ST | 1st Floor | 7,715 SF | ✓ |
Market value changed by 83% 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% | $155,433.60 | $155,433.60 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $88,034.86 | $88,034.86 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $63,141.96 | $63,141.96 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $19,827.86 | $19,827.86 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $17,371.20 | $17,371.20 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $343,809.48 | $343,809.48 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $19,603,307 | $18,000,000 | +8.9% |
| Assessed Value | $19,603,307 | $18,000,000 | +8.9% |
| Land Value | $3,355,862 | $3,355,862 | +0.0% |
| Improvement Value | $16,247,445 | $14,644,138 | +10.9% |
| Taxable Value | $19,603,307 | $18,000,000 | +8.9% |
| Total Tax 2026 = estimate |
~$401,179
Estimated
|
~$343,809
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $22,054,903 | $19,603,307 | -2,451,596 (-11.1%) |
| Taxable Value | $22,054,903 | $19,603,307 | -2,451,596 (-11.1%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $19,603,307 | $3,355,862 | $16,247,445 | — | $19,603,307 | $19,603,307 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $18,000,000 | $3,355,862 | $14,644,138 | — | $18,000,000 | $18,000,000 | ~$343,809 | Partial |
| 2024 | $17,300,000 | — | — | — | — | $— | $343,392 | Verified |
| 2023 | $19,000,000 | — | — | — | — | $— | $315,662 | Verified |
| 2022 | $10,390,626 | — | — | — | — | $— | $328,330 | Verified |
| 2021 | $2,122,545 | — | — | −$1,115,786 | $1,006,759 | $— | $226,171 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +22.5% | +22.5% | ~100% | Not available | Partial |
| 2025 | -23.1% | -23.1% | ~100% | Not available | Partial |
| 2024 | +17.0% | +17.0% | ~100% | 1.4700% | Verified |
| 2023 | +5.3% | +5.3% | ~100% | 1.5800% | Verified |
| 2022 | +82.9% ! | +82.9% | ~100% | 1.7300% | Verified |
| 2021 | base year | — | ~100% | 10.6600% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +73.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +8.9% | +95.3% | +67.9% | +389.5% | 2022 | -8.9% | 2024 |
| Assessment Ratio | 100.0% | 82.5% | — | 100.0% | 2025 | 47.4% | 2021 |
| Effective Tax Rate (2025) | 1.9100% | 1.9100% | — | 1.9100% | 2025 | 1.9100% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$343,809 | $311,473 | ~$469,661 | $343,809 | 2025 | $226,171 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$30,716,831 | ~$19,800,000 | ~2.0139% | ~$398,759 | +70.6% |
| 2027 | ~$52,417,983 | ~$21,780,000 | ~1.9814% | ~$431,546 | +191.2% |
| 2028 | ~$89,450,795 | ~$23,958,000 | ~1.9488% | ~$466,903 | +396.9% |
| 2029 | ~$152,646,940 | ~$26,353,800 | ~1.9163% | ~$505,015 | +748.0% |
| 2030 | ~$260,490,568 | ~$28,989,180 | ~1.8837% | ~$546,082 | +1347.2% |
| 2026 | ~$30,356,831 | ~$19,800,000 | ~2.0465% | ~$405,204 | +68.6% |
| 2027 | ~$51,196,510 | ~$21,780,000 | ~2.0465% | ~$445,724 | +184.4% |
| 2028 | ~$86,342,432 | ~$23,958,000 | ~2.0465% | ~$490,297 | +379.7% |
| 2029 | ~$145,615,700 | ~$26,353,800 | ~2.0465% | ~$539,327 | +709.0% |
| 2030 | ~$245,579,509 | ~$28,989,180 | ~2.0465% | ~$593,259 | +1264.3% |
| 2026 | ~$31,076,831 | ~$19,800,000 | ~1.9977% | ~$395,537 | +72.6% |
| 2027 | ~$53,653,856 | ~$21,780,000 | ~1.9488% | ~$424,457 | +198.1% |
| 2028 | ~$92,632,878 | ~$23,958,000 | ~1.9000% | ~$455,206 | +414.6% |
| 2029 | ~$159,929,793 | ~$26,353,800 | ~1.8512% | ~$487,860 | +788.5% |
| 2030 | ~$276,117,284 | ~$28,989,180 | ~1.8024% | ~$522,493 | +1434.0% |
In 2025, this property's market value of $18,000,000 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 13× 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 | $18,000,000 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $17,300,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $19,000,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $10,390,626 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $2,122,545 | $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.