3506 DARBY ST TX 78721
| Owner | DARBY YARD HOLDINGS LLC |
|---|---|
| Parcel ID | 0209261001 |
| Short ID | 783926 |
| Type | Real |
| Use Code | 83 Service / Repair Garage |
| Valuation | Income |
| Improvement SF | 1,424 SF |
| Land SF | 109,510 SF |
| Acres | 2.514 |
| Year Built | 1965 |
| Legal | ABS 22 SUR 29 TANNEHILL J C ACR 2.5140 |
| Neighborhood | 83EAS |
| Land | $1,642,648 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,642,648 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $1,642,648 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,642,648 |
| Value Limitation Adjustment (−) (homestead cap) | −$513,880 |
| Net Appraised (assessed) | $1,128,768 |
| Taxable Value | $1,128,768 |
|---|
Appreciation: Market value has risen +133.2% from $704,400 (2021) to $1,642,648 (2025), a CAGR of 23.6% 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 2.0465% in 2025 (+0.0647% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $23,100. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Assessment Gap: Assessed value ($1,128,768) is $513,880 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 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 100% of market value ($1,642,648 land vs $0 improvements), about $15/SF of land. With value concentrated in the land under a ~61-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 $1,642,648, 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 +23.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $4,733,703 by 2030, with an estimated annual tax burden around $34,244. 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 |
|---|---|---|---|
| 501 | CANOPY | 3,646 SF | ✗ |
| 1ST | 1st Floor | 1,424 SF | ✓ |
| 541 | FENCE COMM LF | 887 SF | ✗ |
| 327 | STORAGE COMM'L | 192 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% | $10,443.36 | $10,443.36 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $5,914.94 | $5,914.94 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $4,242.42 | $4,242.42 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,332.21 | $1,332.21 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,167.15 | $1,167.15 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $23,100.08 | $23,100.08 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,642,648 | $1,642,648 | +0.0% |
| Assessed Value | $1,354,522 | $1,128,768 | +20.0% |
| Land Value | $1,642,648 | $1,642,648 | +0.0% |
| Improvement Value | — | — | — |
| Taxable Value | $1,354,522 | $1,128,768 | +20.0% |
| HS Cap Loss | -$288,126 | — | |
| Total Tax 2026 = estimate |
~$27,720
Estimated
|
~$23,100
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,829,828 | $1,642,648 | -187,180 (-10.2%) |
| Taxable Value | $1,354,522 | $1,354,522 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,642,648 | $1,642,648 | — | −$288,126 | $1,354,522 | $1,354,522 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,642,648 | $1,642,648 | — | −$513,880 | $1,128,768 | $1,128,768 | ~$23,100 | Partial |
| 2024 | $919,209 | — | — | — | $940,640 ! | $— | $18,642 | Verified |
| 2023 | $915,458 | — | — | −$148,889 | $766,569 | $— | $16,631 | Verified |
| 2022 | $888,735 | — | — | −$122,166 | $766,569 | $— | $18,080 | Verified |
| 2021 | $704,400 | — | — | — | $766,569 ! | $— | $19,345 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +11.4% | +20.0% | 74.0% | Not available | Partial |
| 2025 | +74.6% | +20.0% | 68.7% | Not available | Partial |
| 2024 | +2.3% | +2.3% | ~100% | 1.9800% | Verified |
| 2023 | +0.4% | +0.4% | ~100% | 1.8100% | Verified |
| 2022 | +3.0% | +3.0% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.7500% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +84.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +21.7% | +23.6% | +78.7% | 2025 | +0.0% | 2026 |
| Assessment Ratio | 82.5% | 88.7% | — | 108.8% | 2021 | 68.7% | 2025 |
| Effective Tax Rate (2025) | 1.4100% | 1.4100% | — | 1.4100% | 2025 | 1.4100% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$23,100 | $19,159 | ~$29,452 | $23,100 | 2025 | $16,631 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,029,905 | ~$1,241,645 | ~2.0139% | ~$25,006 | +23.6% |
| 2027 | ~$2,508,459 | ~$1,365,809 | ~1.9814% | ~$27,062 | +52.7% |
| 2028 | ~$3,099,834 | ~$1,502,390 | ~1.9488% | ~$29,279 | +88.7% |
| 2029 | ~$3,830,625 | ~$1,652,629 | ~1.9163% | ~$31,669 | +133.2% |
| 2030 | ~$4,733,703 | ~$1,817,892 | ~1.8837% | ~$34,244 | +188.2% |
| 2026 | ~$1,997,052 | ~$1,241,645 | ~2.0465% | ~$25,410 | +21.6% |
| 2027 | ~$2,427,920 | ~$1,365,809 | ~2.0465% | ~$27,951 | +47.8% |
| 2028 | ~$2,951,749 | ~$1,502,390 | ~2.0465% | ~$30,746 | +79.7% |
| 2029 | ~$3,588,594 | ~$1,652,629 | ~2.0465% | ~$33,821 | +118.5% |
| 2030 | ~$4,362,840 | ~$1,817,892 | ~2.0465% | ~$37,203 | +165.6% |
| 2026 | ~$2,062,758 | ~$1,241,645 | ~1.9977% | ~$24,804 | +25.6% |
| 2027 | ~$2,590,313 | ~$1,365,809 | ~1.9488% | ~$26,617 | +57.7% |
| 2028 | ~$3,252,790 | ~$1,502,390 | ~1.9000% | ~$28,546 | +98.0% |
| 2029 | ~$4,084,697 | ~$1,652,629 | ~1.8512% | ~$30,593 | +148.7% |
| 2030 | ~$5,129,367 | ~$1,817,892 | ~1.8024% | ~$32,765 | +212.3% |
In 2025, this property's market value of $1,642,648 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +16% 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 | $1,642,648 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $919,209 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $915,458 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $888,735 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $704,400 | $517,750 | $1,142,600 | $2,780,453 | ↓ Below 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.