3700 THOMPSON ST TX 78702
| Owner | E1EVEN 11 LLC |
|---|---|
| Parcel ID | 0206150509 |
| Short ID | 195510 |
| Type | Real |
| Use Code | 61 Warehouse (<20,000 SF) |
| Valuation | Cost |
| Improvement SF | 9,000 SF |
| Land SF | 21,017 SF |
| Acres | 0.482 |
| Year Built | 1974 |
| Legal | LOT 1&2 BLK 2 OLT 48 DIV A GOODWIN E C |
| Neighborhood | 61EAS |
| Land | $1,576,275 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,576,275 |
| Improvement | $1,604,394 |
|---|---|
| Total Improvement | $1,604,394 |
| Market | $3,180,669 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $3,180,669 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $3,180,669 |
| Taxable Value | $3,180,669 |
|---|
Appreciation: Market value has risen +115.4% from $1,476,449 (2021) to $3,180,669 (2025), a CAGR of 21.2% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2023→2024), 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 $65,092. 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 50% of market value ($1,576,275 land vs $1,604,394 improvements), about $75/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $3,180,669, 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 +21.1% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $8,301,250 by 2030, with an estimated annual tax burden around $96,495. 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 |
|---|---|---|---|
| 881 | COMMCL FINISHOUT | 10,521 SF | ✓ |
| 551 | PAVED AREA | 10,400 SF | ✗ |
| 1ST | 1st Floor | 9,000 SF | ✓ |
| MEZZ | Mezzanine | 3,531 SF | ✓ |
Market value changed by 86% in 2023, 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% | $29,427.55 | $29,427.55 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $16,667.25 | $16,667.25 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $11,954.39 | $11,954.39 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $3,753.92 | $3,753.92 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $3,288.81 | $3,288.81 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $65,091.92 | $65,091.92 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $3,329,487 | $3,180,669 | +4.7% |
| Assessed Value | $3,329,487 | $3,180,669 | +4.7% |
| Land Value | $1,576,275 | $1,576,275 | +0.0% |
| Improvement Value | $1,753,212 | $1,604,394 | +9.3% |
| Taxable Value | $3,329,487 | $3,180,669 | +4.7% |
| Total Tax 2026 = estimate |
~$68,137
Estimated
|
~$65,092
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $3,329,487 | $3,329,487 | +0 (+0.0%) |
| Taxable Value | $3,329,487 | $3,329,487 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $3,329,487 | $1,576,275 | $1,753,212 | — | $3,329,487 | $3,329,487 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $3,180,669 | $1,576,275 | $1,604,394 | — | $3,180,669 | $3,180,669 | ~$65,092 | Partial |
| 2024 | $3,263,984 | — | — | −$1,687,709 | $1,576,275 | $— | $63,035 | Verified |
| 2023 | $1,754,000 | — | — | −$177,725 | $1,576,275 | $— | $59,054 | Verified |
| 2022 | $1,526,728 | — | — | −$791,133 | $735,595 | $— | $34,640 | Verified |
| 2021 | $1,476,449 | — | — | −$1,056,109 | $420,340 | $— | $33,232 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +4.7% | +4.7% | ~100% | Not available | Partial |
| 2025 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2024 | -2.6% | -2.6% | ~100% | 1.9800% | Verified |
| 2023 | +86.1% ! | +86.1% | ~100% | 1.8100% | Verified |
| 2022 | +14.9% | +14.9% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.2500% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +108.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +4.7% | +21.3% | +20.1% | +86.1% | 2024 | -2.6% | 2025 |
| Assessment Ratio | 100.0% | 69.1% | — | 100.0% | 2025 | 28.5% | 2021 |
| 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 |
$65,092 | $51,011 | ~$82,991 | $65,092 | 2025 | $33,232 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$3,853,395 | ~$3,498,736 | ~2.0139% | ~$70,462 | +21.2% |
| 2027 | ~$4,668,405 | ~$3,848,609 | ~1.9814% | ~$76,256 | +46.8% |
| 2028 | ~$5,655,793 | ~$4,233,470 | ~1.9488% | ~$82,504 | +77.8% |
| 2029 | ~$6,852,018 | ~$4,656,817 | ~1.9163% | ~$89,238 | +115.4% |
| 2030 | ~$8,301,250 | ~$5,122,499 | ~1.8837% | ~$96,495 | +161.0% |
| 2026 | ~$3,789,781 | ~$3,498,736 | ~2.0465% | ~$71,601 | +19.2% |
| 2027 | ~$4,515,541 | ~$3,848,609 | ~2.0465% | ~$78,761 | +42.0% |
| 2028 | ~$5,380,287 | ~$4,233,470 | ~2.0465% | ~$86,637 | +69.2% |
| 2029 | ~$6,410,636 | ~$4,656,817 | ~2.0465% | ~$95,301 | +101.5% |
| 2030 | ~$7,638,301 | ~$5,122,499 | ~2.0465% | ~$104,831 | +140.1% |
| 2026 | ~$3,917,008 | ~$3,498,736 | ~1.9977% | ~$69,893 | +23.2% |
| 2027 | ~$4,823,813 | ~$3,848,609 | ~1.9488% | ~$75,003 | +51.7% |
| 2028 | ~$5,940,547 | ~$4,233,470 | ~1.9000% | ~$80,437 | +86.8% |
| 2029 | ~$7,315,810 | ~$4,656,817 | ~1.8512% | ~$86,207 | +130.0% |
| 2030 | ~$9,009,452 | ~$5,122,499 | ~1.8024% | ~$92,326 | +183.3% |
In 2025, this property's market value of $3,180,669 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +124% 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 | $3,180,669 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $3,263,984 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $1,754,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $1,526,728 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $1,476,449 | $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.