619 W M L KING JR BLVD TX 78701
| Owner | BROWN JACK FAMILY II LIMITED P |
|---|---|
| Parcel ID | 0210020602 |
| Short ID | 199715 |
| Type | Real |
| Use Code | 69 Mfg / Eng / Lab Industrial |
| Valuation | Cost |
| Improvement SF | 7,049 SF |
| Land SF | 8,500 SF |
| Acres | 0.195 |
| Year Built | 1939 |
| Legal | N 100 FT OF W 85 FT OLT 26 DIVISION E |
| Neighborhood | 69CEN |
| Land | $1,105,000 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,105,000 |
| Improvement | $46,555 |
|---|---|
| Total Improvement | $46,555 |
| Market | $1,151,555 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,151,555 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,151,555 |
| Taxable Value | $1,151,555 |
|---|
Appreciation: Market value has risen +35.0% from $853,192 (2021) to $1,151,555 (2025), a CAGR of 7.8% over 4 years. This represents moderate, steady growth. Most of this growth came in a single year (2025→2026), 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 $23,566. 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 96% of market value ($1,105,000 land vs $46,555 improvements), about $130/SF of land. With value concentrated in the land under a ~87-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 $1,151,555, this parcel sits in the lower-middle (25th–50th 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 +7.8% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,675,259 by 2030, with an estimated annual tax burden around $31,558. 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 | 7,049 SF | ✓ |
| 611 | TERRACE | 1,526 SF | ✗ |
Market value changed by 78% in 2026, 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% | $10,654.19 | $10,654.19 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $6,034.34 | $6,034.34 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $4,328.06 | $4,328.06 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,359.10 | $1,359.10 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,190.71 | $1,190.71 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $23,566.40 | $23,566.40 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,713,709 | $1,151,555 | +48.8% |
| Assessed Value | $1,381,866 | $1,151,555 | +20.0% |
| Land Value | $1,700,000 | $1,105,000 | +53.8% |
| Improvement Value | $13,709 | $46,555 | -70.6% |
| Taxable Value | $1,381,866 | $1,151,555 | +20.0% |
| HS Cap Loss | -$331,843 | — | |
| Total Tax 2026 = estimate |
~$28,280
Estimated
|
~$23,566
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $2,053,709 | $1,713,709 | -340,000 (-16.6%) |
| Taxable Value | $1,381,866 | $1,381,866 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,713,709 | $1,700,000 | $13,709 | −$331,843 | $1,381,866 | $1,381,866 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,151,555 | $1,105,000 | $46,555 | — | $1,151,555 | $1,151,555 | ~$23,566 | Partial |
| 2024 | $1,109,905 | — | — | −$4,905 | $1,105,000 | $— | $23,187 | Verified |
| 2023 | $1,108,367 | — | — | −$3,367 | $1,105,000 | $— | $20,081 | Verified |
| 2022 | $1,065,972 | — | — | — | $1,105,000 ! | $— | $21,889 | Verified |
| 2021 | $853,192 | — | — | — | $1,062,500 ! | $— | $23,203 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +78.3% ! | +20.0% | 67.3% | Not available | Partial |
| 2025 | -1.6% | -1.6% | ~100% | Not available | Partial |
| 2024 | +5.4% | +5.4% | ~100% | 1.9800% | Verified |
| 2023 | +0.1% | +0.1% | ~100% | 1.8100% | Verified |
| 2022 | +4.0% | +4.0% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.7200% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +8.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +48.8% | +16.3% | +0.7% | +48.8% | 2026 | +0.1% | 2024 |
| Assessment Ratio | 80.6% | 101.4% | — | 124.5% | 2021 | 80.6% | 2026 |
| 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 |
$23,566 | $22,385 | ~$28,190 | $23,566 | 2025 | $20,081 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,241,207 | ~$1,241,207 | ~2.0139% | ~$24,997 | +7.8% |
| 2027 | ~$1,337,838 | ~$1,337,838 | ~1.9814% | ~$26,508 | +16.2% |
| 2028 | ~$1,441,993 | ~$1,441,993 | ~1.9488% | ~$28,102 | +25.2% |
| 2029 | ~$1,554,256 | ~$1,554,256 | ~1.9163% | ~$29,784 | +35.0% |
| 2030 | ~$1,675,259 | ~$1,675,259 | ~1.8837% | ~$31,558 | +45.5% |
| 2026 | ~$1,218,176 | ~$1,218,176 | ~2.0465% | ~$24,930 | +5.8% |
| 2027 | ~$1,288,651 | ~$1,288,651 | ~2.0465% | ~$26,372 | +11.9% |
| 2028 | ~$1,363,203 | ~$1,363,203 | ~2.0465% | ~$27,898 | +18.4% |
| 2029 | ~$1,442,068 | ~$1,442,068 | ~2.0465% | ~$29,512 | +25.2% |
| 2030 | ~$1,525,496 | ~$1,525,496 | ~2.0465% | ~$31,219 | +32.5% |
| 2026 | ~$1,264,238 | ~$1,264,238 | ~1.9977% | ~$25,255 | +9.8% |
| 2027 | ~$1,387,947 | ~$1,387,947 | ~1.9488% | ~$27,049 | +20.5% |
| 2028 | ~$1,523,762 | ~$1,523,762 | ~1.9000% | ~$28,952 | +32.3% |
| 2029 | ~$1,672,866 | ~$1,672,866 | ~1.8512% | ~$30,968 | +45.3% |
| 2030 | ~$1,836,561 | ~$1,836,561 | ~1.8024% | ~$33,102 | +59.5% |
In 2025, this property's market value of $1,151,555 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -19% 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 | $1,151,555 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $1,109,905 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $1,108,367 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $1,065,972 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $853,192 | $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.