1912 SMITH RD TX 78721
| Owner | 8411 LLC |
|---|---|
| Parcel ID | 0205230417 |
| Short ID | 193960 |
| Type | Real |
| Use Code | 61 Warehouse (<20,000 SF) |
| Valuation | Cost |
| Improvement SF | 10,000 SF |
| Land SF | 49,679 SF |
| Acres | 1.140 |
| Year Built | 1982 |
| Legal | LOT 16 *LESS .006 AC CAPITOL BUSINESS PARK |
| Neighborhood | 61EAS |
| Land | $993,580 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $993,580 |
| Improvement | $1,056,420 |
|---|---|
| Total Improvement | $1,056,420 |
| Market | $2,050,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,050,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $2,050,000 |
| Taxable Value | $2,050,000 |
|---|
Appreciation: Market value has risen +36.7% from $1,500,000 (2021) to $2,050,000 (2025), a CAGR of 8.1% 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 $41,953. 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 48% of market value ($993,580 land vs $1,056,420 improvements), about $20/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $2,050,000, 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 +8.1% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $3,029,229 by 2030, with an estimated annual tax burden around $57,063. 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.
8 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 28,226 SF | ✗ |
| 1ST | 1st Floor | 10,000 SF | ✓ |
| 881 | COMMCL FINISHOUT | 4,458 SF | ✓ |
| MEZZ | Mezzanine | 3,120 SF | ✓ |
| SO | Sketch Only | 3,120 SF | ✗ |
| 328 | MEZZ COMM (STG) | 2,116 SF | ✓ |
| 541 | FENCE COMM LF | 1,000 SF | ✗ |
| 611 | TERRACE | 472 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% | $18,966.60 | $18,966.60 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $10,742.35 | $10,742.35 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $7,704.82 | $7,704.82 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,419.47 | $2,419.47 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,119.70 | $2,119.70 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $41,952.94 | $41,952.94 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,427,545 | $2,050,000 | +18.4% |
| Assessed Value | $2,283,798 | $2,050,000 | +11.4% |
| Land Value | $993,580 | $993,580 | +0.0% |
| Improvement Value | $1,433,965 | $1,056,420 | +35.7% |
| Taxable Value | $2,283,798 | $2,050,000 | +11.4% |
| HS Cap Loss | -$143,747 | — | |
| Total Tax 2026 = estimate |
~$46,738
Estimated
|
~$41,953
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $3,252,309 | $2,427,545 | -824,764 (-25.4%) |
| Taxable Value | $2,460,000 | $2,283,798 | -176,202 (-7.2%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,427,545 | $993,580 | $1,433,965 | −$143,747 | $2,283,798 | $2,283,798 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $2,050,000 | $993,580 | $1,056,420 | — | $2,050,000 | $2,050,000 | ~$41,953 | Partial |
| 2024 | $1,712,053 | — | — | −$718,473 | $993,580 | $— | $33,885 | Verified |
| 2023 | $1,811,411 | — | — | −$1,314,621 | $496,790 | $— | $30,769 | Verified |
| 2022 | $1,787,495 | — | — | −$1,191,347 | $596,148 | $— | $35,774 | Verified |
| 2021 | $1,500,000 | — | — | −$903,852 | $596,148 | $— | $38,908 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +58.6% | +20.0% | 75.6% | Not available | Partial |
| 2025 | +8.4% | +8.4% | ~100% | Not available | Partial |
| 2024 | +10.5% | +10.5% | ~100% | 1.7900% | Verified |
| 2023 | -5.5% | -5.5% | ~100% | 1.8000% | Verified |
| 2022 | +1.3% | +1.3% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.5900% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +14.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +18.4% | +10.6% | +4.8% | +19.7% | 2025 | -5.5% | 2024 |
| Assessment Ratio | 94.1% | 58.8% | — | 100.0% | 2025 | 27.4% | 2023 |
| 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 |
$41,953 | $36,258 | ~$50,675 | $41,953 | 2025 | $30,769 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,216,509 | ~$2,216,509 | ~2.0139% | ~$44,639 | +8.1% |
| 2027 | ~$2,396,543 | ~$2,396,543 | ~1.9814% | ~$47,485 | +16.9% |
| 2028 | ~$2,591,199 | ~$2,591,199 | ~1.9488% | ~$50,498 | +26.4% |
| 2029 | ~$2,801,667 | ~$2,801,667 | ~1.9163% | ~$53,688 | +36.7% |
| 2030 | ~$3,029,229 | ~$3,029,229 | ~1.8837% | ~$57,063 | +47.8% |
| 2026 | ~$2,175,509 | ~$2,175,509 | ~2.0465% | ~$44,521 | +6.1% |
| 2027 | ~$2,308,702 | ~$2,308,702 | ~2.0465% | ~$47,247 | +12.6% |
| 2028 | ~$2,450,050 | ~$2,450,050 | ~2.0465% | ~$50,140 | +19.5% |
| 2029 | ~$2,600,052 | ~$2,600,052 | ~2.0465% | ~$53,210 | +26.8% |
| 2030 | ~$2,759,237 | ~$2,759,237 | ~2.0465% | ~$56,467 | +34.6% |
| 2026 | ~$2,257,509 | ~$2,255,000 | ~1.9977% | ~$45,047 | +10.1% |
| 2027 | ~$2,486,023 | ~$2,480,500 | ~1.9488% | ~$48,341 | +21.3% |
| 2028 | ~$2,737,668 | ~$2,728,550 | ~1.9000% | ~$51,843 | +33.5% |
| 2029 | ~$3,014,786 | ~$3,001,405 | ~1.8512% | ~$55,562 | +47.1% |
| 2030 | ~$3,319,954 | ~$3,301,546 | ~1.8024% | ~$59,506 | +61.9% |
In 2025, this property's market value of $2,050,000 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +45% 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 | $2,050,000 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $1,712,053 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $1,811,411 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $1,787,495 | $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.