1166 AIRPORT BLVD TX 78702
| Owner | JJABC LP ETAL |
|---|---|
| Parcel ID | 0209150234 |
| Short ID | 198920 |
| Type | Real |
| Use Code | 20 Small Store (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 5,993 SF |
| Land SF | 28,415 SF |
| Acres | 0.652 |
| Year Built | 1968 |
| Legal | LOT 2A *RESUB OF LOT 2 OLT 15 DIV B HARVEY SUBD |
| Neighborhood | 20CEN |
| Land | $2,173,748 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,173,748 |
| Improvement | $69,976 |
|---|---|
| Total Improvement | $69,976 |
| Market | $2,243,724 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,243,724 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $2,243,724 |
| Taxable Value | $2,243,724 |
|---|
Appreciation: Market value has risen +42.7% from $1,572,317 (2021) to $2,243,724 (2025), a CAGR of 9.3% 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 $45,917. 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 97% of market value ($2,173,748 land vs $69,976 improvements), about $77/SF of land. With value concentrated in the land under a ~58-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 $2,243,724, 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 +9.3% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $3,499,501 by 2030, with an estimated annual tax burden around $65,922. 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.
2 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 5,993 SF | ✓ |
| 611 | TERRACE | 768 SF | ✗ |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| 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% | $20,758.93 | $20,758.93 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $11,757.50 | $11,757.50 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $8,432.92 | $8,432.92 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,648.11 | $2,648.11 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,320.01 | $2,320.01 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $45,917.47 | $45,917.47 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,250,292 | $2,243,724 | +0.3% |
| Assessed Value | $2,250,292 | $2,243,724 | +0.3% |
| Land Value | $2,173,748 | $2,173,748 | +0.0% |
| Improvement Value | $76,544 | $69,976 | +9.4% |
| Taxable Value | $2,250,292 | $2,243,724 | +0.3% |
| Total Tax 2026 = estimate |
~$46,052
Estimated
|
~$45,917
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $2,250,292 | $2,250,292 | +0 (+0.0%) |
| Taxable Value | $2,250,292 | $2,250,292 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,250,292 | $2,173,748 | $76,544 | — | $2,250,292 | $2,250,292 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $2,243,724 | $2,173,748 | $69,976 | — | $2,243,724 | $2,243,724 | ~$45,917 | Partial |
| 2024 | $2,100,000 | — | — | — | $2,173,748 ! | $— | $44,470 | Verified |
| 2023 | $1,387,667 | — | — | — | $2,100,000 ! | $— | $37,994 | Verified |
| 2022 | $1,387,667 | — | — | −$542,321 | $845,346 | $— | $27,405 | Verified |
| 2021 | $1,572,317 | — | — | −$726,971 | $845,346 | $— | $30,205 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.3% | +0.3% | ~100% | Not available | Partial |
| 2025 | -0.0% | -0.0% | ~100% | Not available | Partial |
| 2024 | +6.9% | +6.9% | ~100% | 1.9800% | Verified |
| 2023 | +51.3% | +51.3% | ~100% | 1.8100% | Verified |
| 2022 | +0.0% | +0.0% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 1.9200% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +61.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.3% | +9.3% | +9.2% | +51.3% | 2024 | -11.7% | 2022 |
| Assessment Ratio | 100.0% | 94.9% | — | 151.3% | 2023 | 53.8% | 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 |
$45,917 | $37,198 | ~$57,373 | $45,917 | 2025 | $27,405 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,452,318 | ~$2,452,318 | ~2.0139% | ~$49,388 | +9.3% |
| 2027 | ~$2,680,304 | ~$2,680,304 | ~1.9814% | ~$53,107 | +19.5% |
| 2028 | ~$2,929,486 | ~$2,929,486 | ~1.9488% | ~$57,091 | +30.6% |
| 2029 | ~$3,201,834 | ~$3,201,834 | ~1.9163% | ~$61,356 | +42.7% |
| 2030 | ~$3,499,501 | ~$3,499,501 | ~1.8837% | ~$65,922 | +56.0% |
| 2026 | ~$2,407,443 | ~$2,407,443 | ~2.0465% | ~$49,268 | +7.3% |
| 2027 | ~$2,583,109 | ~$2,583,109 | ~2.0465% | ~$52,863 | +15.1% |
| 2028 | ~$2,771,593 | ~$2,771,593 | ~2.0465% | ~$56,720 | +23.5% |
| 2029 | ~$2,973,829 | ~$2,973,829 | ~2.0465% | ~$60,859 | +32.5% |
| 2030 | ~$3,190,823 | ~$3,190,823 | ~2.0465% | ~$65,300 | +42.2% |
| 2026 | ~$2,497,192 | ~$2,468,096 | ~1.9977% | ~$49,304 | +11.3% |
| 2027 | ~$2,779,294 | ~$2,714,906 | ~1.9488% | ~$52,909 | +23.9% |
| 2028 | ~$3,093,265 | ~$2,986,397 | ~1.9000% | ~$56,742 | +37.9% |
| 2029 | ~$3,442,704 | ~$3,285,036 | ~1.8512% | ~$60,812 | +53.4% |
| 2030 | ~$3,831,618 | ~$3,613,540 | ~1.8024% | ~$65,129 | +70.8% |
In 2025, this property's market value of $2,243,724 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +58% 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 | $2,243,724 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $2,100,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $1,387,667 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $1,387,667 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $1,572,317 | $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.