6500 TRACOR LN TX 78725
| Owner | KARLIN TRACOR LANE LLC |
|---|---|
| Parcel ID | 0211260203 |
| Short ID | 783954 |
| Type | Real |
| Use Code | 29 Major Industrial — Mfg. |
| Valuation | Cost |
| Improvement SF | 519,684 SF |
| Land SF | 3,717,889 SF |
| Acres | 85.351 |
| Year Built | 1968 |
| Legal | LOT 2A TRACOR INDUSTRIAL SUBD AMENDED |
| Neighborhood | 29MFG |
| Land | $18,589,445 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $18,589,445 |
| Improvement | $13,760,555 |
|---|---|
| Total Improvement | $13,760,555 |
| Market | $32,350,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $32,350,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $32,350,000 |
| Taxable Value | $32,350,000 |
|---|
Appreciation: Market value has risen +111.6% from $15,288,704 (2021) to $32,350,000 (2025), a CAGR of 20.6% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2021→2022), 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 $662,038. 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 57% of market value ($18,589,445 land vs $13,760,555 improvements), about $5/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $32,350,000, this parcel sits in the top quartile (≥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 +20.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $82,556,981 by 2030, with an estimated annual tax burden around $981,430. 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.
27 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 644,371 SF | ✗ |
| 491 | SPRINKLER HEADS | 527,175 SF | ✗ |
| 1ST | 1st Floor | 355,209 SF | ✓ |
| 438 | STREETS PRIVATE | 240,660 SF | ✗ |
| 2ND | 2nd Floor | 152,244 SF | ✓ |
| 487 | PARKING UNDER | 139,968 SF | ✓ |
| SO | Sketch Only | 44,323 SF | ✗ |
| 881 | COMMCL FINISHOUT | 23,939 SF | ✓ |
| MEZZ | Mezzanine | 19,078 SF | ✓ |
| 093 | HVAC COMMRCL SF | 18,108 SF | ✗ |
| FBSMT | Finished Basement | 11,364 SF | ✓ |
| 501 | CANOPY | 10,911 SF | ✗ |
| 611 | TERRACE | 9,850 SF | ✗ |
| 327 | STORAGE COMM'L | 6,501 SF | ✓ |
| 541 | FENCE COMM LF | 5,737 SF | ✗ |
| 407 | LOADING DOCK | 4,586 SF | ✓ |
| 333 | MECHANICAL RM FV | 2,890 SF | ✓ |
| 408 | LOADING RAMP | 2,657 SF | ✓ |
| 3RD | 3rd Floor | 867 SF | ✓ |
| 328 | MEZZ COMM (STG) | 844 SF | ✓ |
| 4TH | 4th Floor | 154 SF | ✓ |
| 482 | LIGHT POLES | 49 SF | ✓ |
| 5TH | 5th Floor | 36 SF | ✓ |
| ADDL | Additional Floor | 26 SF | ✓ |
| 413 | STAIRWAY EXT | 9 SF | ✓ |
| 276 | ELEVATOR COM PAS | 7 SF | ✓ |
| MISC | Miscellaneous | 1 SF | ✓ |
Market value changed by 82% 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% | $225,327.26 | $225,327.26 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $127,621.40 | $127,621.40 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $91,534.94 | $91,534.94 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $28,743.84 | $28,743.84 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $25,182.49 | $25,182.49 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $498,409.93 | $498,409.93 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $58,941,621 | $32,350,000 | +82.2% |
| Assessed Value | $58,941,621 | $32,350,000 | +82.2% |
| Land Value | $18,589,445 | $18,589,445 | +0.0% |
| Improvement Value | $40,352,176 | $13,760,555 | +193.2% |
| Taxable Value | — | $32,350,000 | — |
| Total Tax | Pending certification |
~$498,410
Partial
|
|
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $58,941,621 | $58,941,621 | +0 (+0.0%) |
| Taxable Value | — | — | — |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $58,941,621 | $18,589,445 | $40,352,176 | — | $58,941,621 | $— | Not yet — post-cert | Certified — no billing yet |
| 2025 | $32,350,000 | $18,589,445 | $13,760,555 | — | $32,350,000 | $32,350,000 | ~$498,410 | Partial |
| 2024 | $49,800,000 | — | — | — | — | $— | $513,651 | Verified |
| 2023 | $49,800,000 | — | — | — | — | $— | $737,131 | Verified |
| 2022 | $48,065,584 | — | — | — | — | $— | $983,512 | Verified |
| 2021 | $15,288,704 | — | — | — | — | $— | $1,046,233 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +82.2% ! | +82.2% | ~100% | Not available | Partial |
| 2025 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2024 | -35.0% | -35.0% | ~100% | 1.5900% | Verified |
| 2023 | +0.0% | +0.0% | ~100% | 1.4800% | Verified |
| 2022 | +3.6% | +3.6% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 6.8400% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -32.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +82.2% | +53.0% | +9.7% | +214.4% | 2022 | -35.0% | 2025 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2025 | 100.0% | 2025 |
| Effective Tax Rate (2025) | 1.5400% | 1.5400% | — | 1.5400% | 2025 | 1.5400% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$498,410 | $755,787 | ~$844,085 | $1,046,233 | 2021 | $498,410 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$39,016,669 | ~$35,585,000 | ~2.0139% | ~$716,659 | +20.6% |
| 2027 | ~$47,057,201 | ~$39,143,500 | ~1.9814% | ~$775,585 | +45.5% |
| 2028 | ~$56,754,721 | ~$43,057,850 | ~1.9488% | ~$839,128 | +75.4% |
| 2029 | ~$68,450,701 | ~$47,363,635 | ~1.9163% | ~$907,625 | +111.6% |
| 2030 | ~$82,556,981 | ~$52,099,999 | ~1.8837% | ~$981,430 | +155.2% |
| 2026 | ~$38,369,669 | ~$35,585,000 | ~2.0465% | ~$728,242 | +18.6% |
| 2027 | ~$45,509,474 | ~$39,143,500 | ~2.0465% | ~$801,066 | +40.7% |
| 2028 | ~$53,977,850 | ~$43,057,850 | ~2.0465% | ~$881,172 | +66.9% |
| 2029 | ~$64,022,017 | ~$47,363,635 | ~2.0465% | ~$969,290 | +97.9% |
| 2030 | ~$75,935,196 | ~$52,099,999 | ~2.0465% | ~$1,066,219 | +134.7% |
| 2026 | ~$39,663,669 | ~$35,585,000 | ~1.9977% | ~$710,868 | +22.6% |
| 2027 | ~$48,630,808 | ~$39,143,500 | ~1.9488% | ~$762,844 | +50.3% |
| 2028 | ~$59,625,232 | ~$43,057,850 | ~1.9000% | ~$818,106 | +84.3% |
| 2029 | ~$73,105,269 | ~$47,363,635 | ~1.8512% | ~$876,793 | +126.0% |
| 2030 | ~$89,632,865 | ~$52,099,999 | ~1.8024% | ~$939,035 | +177.1% |
In 2025, this property's market value of $32,350,000 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 23× 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 | $32,350,000 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $49,800,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $49,800,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $48,065,584 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $15,288,704 | $517,750 | $1,142,600 | $2,780,453 | ↑ Top 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.