906 W M L KING JR BLVD TX 78705
| Owner | LIN TELEVISON OF TEXAS L P |
|---|---|
| Parcel ID | 0212011321 |
| Short ID | 203754 |
| Type | Real |
| Use Code | 53 Office Small (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 22,129 SF |
| Land SF | 51,408 SF |
| Acres | 1.180 |
| Year Built | 1965 |
| Legal | LOT 2 & 5-7 & E 33FT OF LOT 8 OLT 25 DIV D ORR JOHN SUBD |
| Neighborhood | 52CEN |
| Land | $7,711,200 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $7,711,200 |
| Improvement | $484,876 |
|---|---|
| Total Improvement | $484,876 |
| Market | $8,196,076 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $8,196,076 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $8,196,076 |
| Taxable Value | $8,196,076 |
|---|
Appreciation: Market value has risen +110.3% from $3,897,541 (2021) to $8,196,076 (2025), a CAGR of 20.4% 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 $167,731. 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 94% of market value ($7,711,200 land vs $484,876 improvements), about $150/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 $8,196,076, 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 +20.4% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $20,755,112 by 2030, with an estimated annual tax burden around $248,651. 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.
6 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 18,208 SF | ✗ |
| 1ST | 1st Floor | 12,481 SF | ✓ |
| 2ND | 2nd Floor | 9,648 SF | ✓ |
| 501 | CANOPY | 327 SF | ✗ |
| 408 | LOADING RAMP | 176 SF | ✓ |
| 413 | STAIRWAY EXT | 2 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% | $75,830.10 | $75,830.10 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $42,948.83 | $42,948.83 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $30,804.54 | $30,804.54 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $9,673.25 | $9,673.25 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $8,474.74 | $8,474.74 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $167,731.46 | $167,731.46 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $8,225,019 | $8,196,076 | +0.4% |
| Assessed Value | $8,225,019 | $8,196,076 | +0.4% |
| Land Value | $7,711,200 | $7,711,200 | +0.0% |
| Improvement Value | $513,819 | $484,876 | +6.0% |
| Taxable Value | $8,225,019 | $8,196,076 | +0.4% |
| Total Tax 2026 = estimate |
~$168,324
Estimated
|
~$167,731
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $8,225,019 | $8,225,019 | +0 (+0.0%) |
| Taxable Value | $8,225,019 | $8,225,019 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $8,225,019 | $7,711,200 | $513,819 | — | $8,225,019 | $8,225,019 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $8,196,076 | $7,711,200 | $484,876 | — | $8,196,076 | $8,196,076 | ~$167,731 | Partial |
| 2024 | $5,326,000 | — | — | −$625,252 | $4,700,748 | $— | $161,892 | Verified |
| 2023 | $4,700,000 | — | — | — | $4,700,700 ! | $— | $96,361 | Verified |
| 2022 | $3,870,435 | — | — | — | $4,073,940 ! | $— | $92,821 | Verified |
| 2021 | $3,897,541 | — | — | −$763,741 | $3,133,800 | $— | $84,247 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.4% | +0.4% | ~100% | Not available | Partial |
| 2025 | +0.3% | +0.3% | ~100% | Not available | Partial |
| 2024 | +44.8% | +44.8% | ~100% | 1.9800% | Verified |
| 2023 | +20.0% | +20.0% | ~100% | 1.7100% | Verified |
| 2022 | +21.4% | +21.4% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1600% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +111.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.4% | +17.7% | +20.3% | +53.9% | 2025 | -0.7% | 2022 |
| Assessment Ratio | 100.0% | 95.7% | — | 105.3% | 2022 | 80.4% | 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 |
$167,731 | $120,611 | ~$213,854 | $167,731 | 2025 | $84,247 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$9,869,833 | ~$9,015,684 | ~2.0139% | ~$181,570 | +20.4% |
| 2027 | ~$11,885,395 | ~$9,917,252 | ~1.9814% | ~$196,499 | +45.0% |
| 2028 | ~$14,312,564 | ~$10,908,977 | ~1.9488% | ~$212,598 | +74.6% |
| 2029 | ~$17,235,396 | ~$11,999,875 | ~1.9163% | ~$229,953 | +110.3% |
| 2030 | ~$20,755,112 | ~$13,199,862 | ~1.8837% | ~$248,651 | +153.2% |
| 2026 | ~$9,705,911 | ~$9,015,684 | ~2.0465% | ~$184,505 | +18.4% |
| 2027 | ~$11,493,880 | ~$9,917,252 | ~2.0465% | ~$202,955 | +40.2% |
| 2028 | ~$13,611,218 | ~$10,908,977 | ~2.0465% | ~$223,251 | +66.1% |
| 2029 | ~$16,118,601 | ~$11,999,875 | ~2.0465% | ~$245,576 | +96.7% |
| 2030 | ~$19,087,880 | ~$13,199,862 | ~2.0465% | ~$270,133 | +132.9% |
| 2026 | ~$10,033,754 | ~$9,015,684 | ~1.9977% | ~$180,103 | +22.4% |
| 2027 | ~$12,283,467 | ~$9,917,252 | ~1.9488% | ~$193,271 | +49.9% |
| 2028 | ~$15,037,597 | ~$10,908,977 | ~1.9000% | ~$207,272 | +83.5% |
| 2029 | ~$18,409,243 | ~$11,999,875 | ~1.8512% | ~$222,141 | +124.6% |
| 2030 | ~$22,536,861 | ~$13,199,862 | ~1.8024% | ~$237,911 | +175.0% |
In 2025, this property's market value of $8,196,076 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 6× 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 | $8,196,076 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $5,326,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $4,700,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $3,870,435 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $3,897,541 | $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.