3605 GOODWIN AVE AUSTIN, TX 78702
| Owner | ALI ANIL A |
|---|---|
| Parcel ID | 0206150203 |
| Short ID | 195476 |
| Type | Real |
| Use Code | 10 Manufactured Commercial Bldg |
| Valuation | Cost |
| Improvement SF | 776 SF |
| Land SF | 10,071 SF |
| Acres | 0.231 |
| Year Built | 1985 |
| Legal | 76.25 X 132.08 FT OLT 49 DIVISION A |
| Neighborhood | 1EC2 |
| Land | $352,485 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $352,485 |
| Improvement | $26,241 |
|---|---|
| Total Improvement | $26,241 |
| Market | $378,726 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $378,726 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $378,726 |
| Taxable Value | $378,726 |
|---|
Appreciation: Market value has risen +77.2% from $213,697 (2021) to $378,726 (2025), a CAGR of 15.4% 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 $7,751. 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 93% of market value ($352,485 land vs $26,241 improvements), about $35/SF of land. With value concentrated in the land under a ~41-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 $378,726, 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 +15.4% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $774,432 by 2030, with an estimated annual tax burden around $11,490. 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 | 6,150 SF | ✗ |
| 1ST | 1st Floor | 776 SF | ✓ |
| 512C | DECK UNCOVRED COMM | 156 SF | ✗ |
Market value changed by 91% 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% | $3,503.97 | $3,503.97 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $1,984.59 | $1,984.59 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,423.42 | $1,423.42 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $446.98 | $446.98 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $391.60 | $391.60 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $7,750.56 | $7,750.56 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $378,726 | $378,726 | +0.0% |
| Assessed Value | $378,726 | $378,726 | +0.0% |
| Land Value | $352,485 | $352,485 | +0.0% |
| Improvement Value | $26,241 | $26,241 | +0.0% |
| Taxable Value | $378,726 | $378,726 | +0.0% |
| Total Tax 2026 = estimate |
~$7,751
Estimated
|
~$7,751
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $378,726 | $378,726 | +0 (+0.0%) |
| Taxable Value | $378,726 | $378,726 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $378,726 | $352,485 | $26,241 | — | $378,726 | $378,726 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $378,726 | $352,485 | $26,241 | — | $378,726 | $378,726 | ~$7,751 | Partial |
| 2024 | $378,726 | — | — | −$26,241 | $352,485 | $— | $7,506 | Verified |
| 2023 | $372,000 | — | — | −$19,515 | $352,485 | $— | $6,852 | Verified |
| 2022 | $213,710 | — | — | — | $352,485 ! | $— | $7,347 | Verified |
| 2021 | $213,697 | — | — | −$12,277 | $201,420 | $— | $4,652 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2025 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2024 | +0.0% | +0.0% | ~100% | 1.9800% | Verified |
| 2023 | -7.4% | -7.4% | ~100% | 1.8100% | Verified |
| 2022 | +91.4% ! | +91.4% | ~100% | 1.8000% | Verified |
| 2021 | base year | — | ~100% | 2.1800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +77.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +15.2% | +15.4% | +74.1% | 2023 | +0.0% | 2022 |
| Assessment Ratio | 100.0% | 107.9% | — | 164.9% | 2022 | 93.1% | 2024 |
| 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 |
$7,751 | $6,821 | ~$9,882 | $7,751 | 2025 | $4,652 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$436,975 | ~$416,599 | ~2.0139% | ~$8,390 | +15.4% |
| 2027 | ~$504,183 | ~$458,258 | ~1.9814% | ~$9,080 | +33.1% |
| 2028 | ~$581,728 | ~$504,084 | ~1.9488% | ~$9,824 | +53.6% |
| 2029 | ~$671,200 | ~$554,493 | ~1.9163% | ~$10,626 | +77.2% |
| 2030 | ~$774,432 | ~$609,942 | ~1.8837% | ~$11,490 | +104.5% |
| 2026 | ~$429,401 | ~$416,599 | ~2.0465% | ~$8,526 | +13.4% |
| 2027 | ~$486,856 | ~$458,258 | ~2.0465% | ~$9,378 | +28.6% |
| 2028 | ~$551,999 | ~$504,084 | ~2.0465% | ~$10,316 | +45.8% |
| 2029 | ~$625,858 | ~$554,493 | ~2.0465% | ~$11,348 | +65.3% |
| 2030 | ~$709,599 | ~$609,942 | ~2.0465% | ~$12,482 | +87.4% |
| 2026 | ~$444,550 | ~$416,599 | ~1.9977% | ~$8,322 | +17.4% |
| 2027 | ~$521,814 | ~$458,258 | ~1.9488% | ~$8,931 | +37.8% |
| 2028 | ~$612,507 | ~$504,084 | ~1.9000% | ~$9,578 | +61.7% |
| 2029 | ~$718,962 | ~$554,493 | ~1.8512% | ~$10,265 | +89.8% |
| 2030 | ~$843,920 | ~$609,942 | ~1.8024% | ~$10,993 | +122.8% |
In 2025, this property's market value of $378,726 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 | $378,726 | $649,268 | $1,417,484 | $3,347,260 | ↓ Bottom 25% | -0.8% |
| 2024 | $378,726 | $661,016 | $1,438,465 | $3,471,171 | ↓ Bottom 25% | +0.0% |
| 2023 | $372,000 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $213,710 | $553,066 | $1,215,730 | $2,939,150 | ↓ Bottom 25% | +3.3% |
| 2021 | $213,697 | $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.