3603 GOODWIN AVE TX 78702
| Owner | RPP ENTERPRISES INC |
|---|---|
| Parcel ID | 0206150202 |
| Short ID | 195475 |
| Type | Real |
| Use Code | 63 Mini-Warehouse / Self-Storage |
| Valuation | Income |
| Improvement SF | 4,300 SF |
| Land SF | 9,880 SF |
| Acres | 0.227 |
| Year Built | 1973 |
| Legal | OLT 49 DIV A DAUGHERTY SUBD |
| Neighborhood | 63EAS |
| Land | $345,800 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $345,800 |
| Improvement | $71,087 |
|---|---|
| Total Improvement | $71,087 |
| Market | $416,887 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $416,887 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $416,887 |
| Taxable Value | $416,887 |
|---|
Appreciation: Market value has risen +93.3% from $215,653 (2021) to $416,887 (2025), a CAGR of 17.9% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2022→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 $8,532. 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 83% of market value ($345,800 land vs $71,087 improvements), about $35/SF of land. With value concentrated in the land under a ~53-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 $416,887, 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 +17.9% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $950,270 by 2030, with an estimated annual tax burden around $12,647. 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.
3 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 5,580 SF | ✗ |
| 1ST | 1st Floor | 4,300 SF | ✓ |
| 881 | COMMCL FINISHOUT | 200 SF | ✓ |
Market value changed by 98% 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% | $3,424.19 | $3,424.19 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $1,939.40 | $1,939.40 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,391.01 | $1,391.01 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $436.81 | $436.81 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $382.69 | $382.69 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $7,574.10 | $7,574.10 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $371,180 | $416,887 | -11.0% |
| Assessed Value | $371,180 | $416,887 | -11.0% |
| Land Value | $345,800 | $345,800 | +0.0% |
| Improvement Value | $25,380 | $71,087 | -64.3% |
| Taxable Value | $371,180 | $416,887 | -11.0% |
| Total Tax 2026 = estimate |
~$7,596
Estimated
|
~$7,574
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $371,180 | $371,180 | +0 (+0.0%) |
| Taxable Value | $371,180 | $371,180 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $371,180 | $345,800 | $25,380 | — | $371,180 | $371,180 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $416,887 | $345,800 | $71,087 | — | $416,887 | $416,887 | ~$7,574 | Partial |
| 2024 | $399,394 | — | — | −$53,594 | $345,800 | $— | $7,556 | Verified |
| 2023 | $364,236 | — | — | −$18,436 | $345,800 | $— | $7,226 | Verified |
| 2022 | $216,035 | — | — | — | $345,800 ! | $— | $7,193 | Verified |
| 2021 | $215,653 | — | — | −$18,053 | $197,600 | $— | $4,702 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -11.0% | -11.0% | ~100% | Not available | Partial |
| 2025 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2024 | -1.8% | -1.8% | ~100% | 1.8100% | Verified |
| 2023 | -1.1% | -1.1% | ~100% | 1.7000% | Verified |
| 2022 | +98.5% ! | +98.5% | ~100% | 1.6800% | Verified |
| 2021 | base year | — | ~100% | 2.1800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +93.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -11.0% | +14.4% | +20.8% | +68.6% | 2023 | -11.0% | 2026 |
| Assessment Ratio | 100.0% | 105.5% | — | 160.1% | 2022 | 86.6% | 2024 |
| Effective Tax Rate (2025) | 1.8200% | 1.8200% | — | 1.8200% | 2025 | 1.8200% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$7,574 | $6,850 | ~$10,877 | $7,574 | 2025 | $4,702 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$491,569 | ~$458,576 | ~2.0139% | ~$9,235 | +17.9% |
| 2027 | ~$579,629 | ~$504,433 | ~1.9814% | ~$9,995 | +39.0% |
| 2028 | ~$683,464 | ~$554,877 | ~1.9488% | ~$10,814 | +63.9% |
| 2029 | ~$805,900 | ~$610,364 | ~1.9163% | ~$11,696 | +93.3% |
| 2030 | ~$950,270 | ~$671,401 | ~1.8837% | ~$12,647 | +127.9% |
| 2026 | ~$483,231 | ~$458,576 | ~2.0465% | ~$9,385 | +15.9% |
| 2027 | ~$560,133 | ~$504,433 | ~2.0465% | ~$10,323 | +34.4% |
| 2028 | ~$649,273 | ~$554,877 | ~2.0465% | ~$11,355 | +55.7% |
| 2029 | ~$752,598 | ~$610,364 | ~2.0465% | ~$12,491 | +80.5% |
| 2030 | ~$872,368 | ~$671,401 | ~2.0465% | ~$13,740 | +109.3% |
| 2026 | ~$499,906 | ~$458,576 | ~1.9977% | ~$9,161 | +19.9% |
| 2027 | ~$599,458 | ~$504,433 | ~1.9488% | ~$9,831 | +43.8% |
| 2028 | ~$718,835 | ~$554,877 | ~1.9000% | ~$10,543 | +72.4% |
| 2029 | ~$861,984 | ~$610,364 | ~1.8512% | ~$11,299 | +106.8% |
| 2030 | ~$1,033,640 | ~$671,401 | ~1.8024% | ~$12,101 | +147.9% |
In 2025, this property's market value of $416,887 places it in the bottom 25% for Commercial properties in Travis County (13608 comparable) — -71% 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 | $416,887 | $649,268 | $1,417,484 | $3,347,260 | ↓ Bottom 25% | -0.8% |
| 2024 | $399,394 | $661,016 | $1,438,465 | $3,471,171 | ↓ Bottom 25% | +0.0% |
| 2023 | $364,236 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $216,035 | $553,066 | $1,215,730 | $2,939,150 | ↓ Bottom 25% | +3.3% |
| 2021 | $215,653 | $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.