1118 TILLERY ST TX 78702
| Owner | LOPEZ THEODORE & MARY E |
|---|---|
| Parcel ID | 0207140336 |
| Short ID | 772698 |
| Type | Real |
| Use Code | 59 Office / Retail (SFR Conv.) |
| Valuation | Income |
| Improvement SF | 1,959 SF |
| Land SF | 165,136 SF |
| Acres | 3.791 |
| Year Built | 1925 |
| Legal | LOT A TED'S TREES SUBD [1-D-1] |
| Neighborhood | 59EAS |
| Land | $3,302,719 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $3,302,719 |
| Improvement | $446,399 |
|---|---|
| Total Improvement | $446,399 |
| Market | $3,749,118 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $3,749,118 |
| Value Limitation Adjustment (−) (homestead cap) | −$1,785,724 |
| Net Appraised (assessed) | $1,963,394 |
| Taxable Value | $1,963,394 |
|---|
| Total Due | $33,772.54 |
|---|---|
| First Delinquent | — |
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 $40,181. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Assessment Gap: Assessed value ($1,963,394) is $1,785,724 below market value, suggesting potential for an upward assessment in future years.
Asset Class: Agricultural. Agricultural valuation may be subject to rollback taxes if land use changes. 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 88% of market value ($3,302,719 land vs $446,399 improvements), about $20/SF of land. With value concentrated in the land under a ~101-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 $3,749,118, this parcel sits in the top quartile (≥75th percentile) of Agricultural property in Travis County — county median $597,708 (P25 $207,536 / P75 $1,442,275, n=7,602). Agricultural here is the broad TCAD category — every agricultural 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.
Delinquent Taxes: $33,772.54 in unpaid taxes . These become a lien on the property and transfer to the buyer at closing unless negotiated otherwise.
10 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 1,959 SF | ✓ |
| 051C | CARPORT DET 1ST COMM | 1,257 SF | ✗ |
| 095 | HVAC RESIDENTIAL | 1,149 SF | ✗ |
| 011C | PORCH OPEN 1ST COMM | 474 SF | ✗ |
| 435 | FENCE IRON LF | 355 SF | ✗ |
| 513C | DECK COVERD COMM | 285 SF | ✗ |
| 501 | CANOPY | 216 SF | ✗ |
| 571C | STORAGE DET COMM | 120 SF | ✓ |
| 482 | LIGHT POLES | 5 SF | ✓ |
| 414 | FOUNTAIN OUTDOOR | 2 SF | ✓ |
This parcel has unpaid taxes on record. Delinquent taxes are a lien on the property and transfer to the buyer at closing unless negotiated otherwise.
| 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% | $18,165.32 | $4,888.53 | $13,276.79 |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $10,288.52 | $2,768.79 | $7,519.73 |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $7,379.32 | $1,985.88 | $5,393.44 |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,317.26 | $623.61 | $1,693.65 |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,030.15 | $546.34 | $1,483.81 |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $40,180.57 | $10,813.15 | $29,367.42 |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $4,070,996 | $3,749,118 | +8.6% |
| Assessed Value | $2,285,304 | $1,963,394 | +16.4% |
| Land Value | $3,302,719 | $3,302,719 | +0.0% |
| Improvement Value | $768,277 | $446,399 | +72.1% |
| Taxable Value | $2,285,304 | $1,963,394 | +16.4% |
| HS Cap Loss | -$1,785,692 | — | |
| Total Tax 2026 = estimate |
~$46,768
Estimated
|
$40,181 | ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $4,070,996 | $4,070,996 | +0 (+0.0%) |
| Taxable Value | $2,285,304 | $2,285,304 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $4,070,996 | $3,302,719 | $768,277 | −$1,785,692 | $2,285,304 | $2,285,304 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $3,749,118 | $3,302,719 | $446,399 | −$1,785,724 | $1,963,394 | $1,963,394 | $40,181 | Verified |
| 2024 | $— | — | — | — | — | $— | $38,677 | Verified |
| 2023 | $— | — | — | — | — | $— | $35,724 | Verified |
| 2022 | $— | — | — | — | — | $— | $39,818 | Verified |
| 2021 | $— | — | — | — | — | $— | $41,308 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +8.6% | +16.4% | 56.1% | Not available | Partial |
| 2025 | +0.3% | +0.6% | 52.4% | 1.0700% | Verified |
| 2024 | -0.6% | -1.2% | 52.2% | 1.0300% | Verified |
| 2023 | -1.1% | -2.1% | 52.5% | 0.9500% | Verified |
| 2022 | +3.2% | +6.2% | 53.0% | 1.0500% | Verified |
| 2021 | base year | — | 51.5% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +1.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +8.6% | +8.6% | — | +8.6% | 2026 | +8.6% | 2026 |
| Assessment Ratio | 56.1% | 54.2% | — | 56.1% | 2026 | 52.4% | 2025 |
| Effective Tax Rate (2025) | 1.0700% | 1.0700% | — | 1.0700% | 2025 | 1.0700% | 2025 |
| Tax Amount | $40,181 | $40,181 | — | $40,181 | 2025 | $40,181 | 2025 |
In 2025, this property's market value of $3,749,118 places it in the top 25% for Agricultural properties in Travis County (7602 comparable) — 6× the county median of $597,708. Agricultural here is the broad TCAD category — every agricultural 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 | $3,749,118 | $207,536 | $597,708 | $1,442,275 | ↑ Top 25% | +0.0% |
| 2024 | — | $217,016 | $597,296 | $1,446,593 | — | +23.7% |
| 2023 | — | $167,963 | $453,916 | $1,078,522 | — | +0.0% |
| 2022 | — | $180,794 | $446,888 | $1,009,883 | — | +46.1% |
| 2021 | — | $33,611 | $103,166 | $247,000 | — | 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.