N IMPERIAL DR TX 78724
| Owner | RAMIREZ REYNALDO |
|---|---|
| Parcel ID | 0207400301 |
| Short ID | 196489 |
| Type | Real |
| Use Code | 61 Warehouse (<20,000 SF) |
| Valuation | Cost |
| Improvement SF | 470 SF |
| Land SF | 52,446 SF |
| Acres | 1.204 |
| Year Built | 1960 |
| Legal | LOT 307 BLK P IMPERIAL VALLEY SEC 2 |
| Neighborhood | 61FEA |
| Land | $524,462 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $524,462 |
| Improvement | $40,063 |
|---|---|
| Total Improvement | $40,063 |
| Market | $564,525 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $564,525 |
| Value Limitation Adjustment (−) (homestead cap) | −$460,881 |
| Net Appraised (assessed) | $103,644 |
| Taxable Value | $103,644 |
|---|
Appreciation: Market value has risen +938.1% from $54,382 (2021) to $564,525 (2025), a CAGR of 79.5% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2024→2025), 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 1.7053% in 2025 (+0.0402% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $1,767. Manor ISD is the largest single contributor, at 63.4% of the total 2025 levy.
Assessment Gap: Assessed value ($103,644) is $460,881 below market value, suggesting potential for an upward assessment in future years.
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 ($524,462 land vs $40,063 improvements), about $10/SF of land. With value concentrated in the land under a ~66-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 $564,525, 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 +79.5% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $10,518,848 by 2030, with an estimated annual tax burden around $2,219. 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 |
|---|---|---|---|
| 541 | FENCE COMM LF | 675 SF | ✗ |
| 1ST | 1st Floor | 470 SF | ✓ |
| 881 | COMMCL FINISHOUT | 470 SF | ✓ |
Market value changed by 684% in 2024, 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 |
|---|---|---|---|---|---|---|---|---|---|
| IMA Manor ISD | 1.3520% | 1.3520% | 1.0861% | 1.0814% | 1.0814% | +0.0000% | $1,120.81 | $1,120.81 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $389.54 | $389.54 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $122.32 | $122.32 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $107.17 | $107.17 | Paid |
| E04 Travis County ESD # 04 | 0.0800% | 0.0600% | 0.0400% | 0.0300% | 0.0266% | -0.0034% | $27.57 | $27.57 | Paid |
| Combined Rate | 2.0060% | 1.9276% | 1.6300% | 1.6651% | 1.7053% | +0.0402% | $1,767.41 | $1,767.41 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $622,351 | $564,525 | +10.2% |
| Assessed Value | $124,373 | $103,644 | +20.0% |
| Land Value | $524,462 | $524,462 | +0.0% |
| Improvement Value | $97,889 | $40,063 | +144.3% |
| Taxable Value | $124,373 | $103,644 | +20.0% |
| HS Cap Loss | -$497,978 | — | |
| Total Tax 2026 = estimate |
~$2,121
Estimated
|
~$1,767
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $622,351 | $622,351 | +0 (+0.0%) |
| Taxable Value | $124,373 | $124,373 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $622,351 | $524,462 | $97,889 | −$497,978 | $124,373 | $124,373 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $564,525 | $524,462 | $40,063 | −$460,881 | $103,644 | $103,644 | ~$1,767 | Partial |
| 2024 | $71,975 | — | — | — | $524,462 ! | $— | $1,438 | Verified |
| 2023 | $54,884 | — | — | −$28,661 | $26,223 | $— | $1,173 | Verified |
| 2022 | $54,884 | — | — | −$28,661 | $26,223 | $— | $1,058 | Verified |
| 2021 | $54,382 | — | — | −$28,159 | $26,223 | $— | $1,101 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +10.2% | +20.0% | 20.0% | Not available | Partial |
| 2025 | +0.0% | +20.0% | 18.4% | Not available | Partial |
| 2024 | +684.2% ! | +20.0% | 15.3% | 0.2500% | Verified |
| 2023 | +31.1% | +31.1% | ~100% | 1.6300% | Verified |
| 2022 | +0.0% | +0.0% | ~100% | 1.9300% | Verified |
| 2021 | base year | — | ~100% | 2.0200% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +928.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +10.2% | +145.3% | +76.2% | +684.3% | 2025 | +0.0% | 2023 |
| Assessment Ratio | 20.0% | 151.8% | — | 728.7% | 2024 | 18.4% | 2025 |
| Effective Tax Rate (2025) | 0.3100% | 0.3100% | — | 0.3100% | 2025 | 0.3100% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$1,767 | $1,308 | ~$2,040 | $1,767 | 2025 | $1,058 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,013,305 | ~$114,008 | ~1.6301% | ~$1,858 | +79.5% |
| 2027 | ~$1,818,851 | ~$125,409 | ~1.5549% | ~$1,950 | +222.2% |
| 2028 | ~$3,264,782 | ~$137,950 | ~1.4797% | ~$2,041 | +478.3% |
| 2029 | ~$5,860,183 | ~$151,745 | ~1.4046% | ~$2,131 | +938.1% |
| 2030 | ~$10,518,848 | ~$166,920 | ~1.3294% | ~$2,219 | +1763.3% |
| 2026 | ~$1,002,014 | ~$114,008 | ~1.7053% | ~$1,944 | +77.5% |
| 2027 | ~$1,778,545 | ~$125,409 | ~1.7053% | ~$2,139 | +215.1% |
| 2028 | ~$3,156,862 | ~$137,950 | ~1.7053% | ~$2,352 | +459.2% |
| 2029 | ~$5,603,333 | ~$151,745 | ~1.7053% | ~$2,588 | +892.6% |
| 2030 | ~$9,945,744 | ~$166,920 | ~1.7053% | ~$2,846 | +1661.8% |
| 2026 | ~$1,024,595 | ~$114,008 | ~1.5925% | ~$1,816 | +81.5% |
| 2027 | ~$1,859,609 | ~$125,409 | ~1.4797% | ~$1,856 | +229.4% |
| 2028 | ~$3,375,134 | ~$137,950 | ~1.3670% | ~$1,886 | +497.9% |
| 2029 | ~$6,125,763 | ~$151,745 | ~1.2542% | ~$1,903 | +985.1% |
| 2030 | ~$11,118,072 | ~$166,920 | ~1.1414% | ~$1,905 | +1869.5% |
In 2025, this property's market value of $564,525 places it in the bottom 25% for Commercial properties in Travis County (13608 comparable) — -60% 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 | $564,525 | $649,268 | $1,417,484 | $3,347,260 | ↓ Bottom 25% | -0.8% |
| 2024 | $71,975 | $661,016 | $1,438,465 | $3,471,171 | ↓ Bottom 25% | +0.0% |
| 2023 | $54,884 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $54,884 | $553,066 | $1,215,730 | $2,939,150 | ↓ Bottom 25% | +3.3% |
| 2021 | $54,382 | $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.