3115 MANOR RD TX 78723
| Owner | 3115 MANOR MU LTD |
|---|---|
| Parcel ID | 0212131004 |
| Short ID | 204443 |
| Type | Real |
| Use Code | 61 Warehouse (<20,000 SF) |
| Valuation | Cost |
| Improvement SF | 4,150 SF |
| Land SF | 34,892 SF |
| Acres | 0.801 |
| Year Built | 1980 |
| Legal | LOT A THEO DRIVE & MANOR ROAD ADDN |
| Neighborhood | 61EAS |
| Land | $2,093,520 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,093,520 |
| Improvement | $630,943 |
|---|---|
| Total Improvement | $630,943 |
| Market | $2,724,463 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,724,463 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $2,724,463 |
| Taxable Value | $2,724,463 |
|---|
Appreciation: Market value has risen +58.0% from $1,724,783 (2021) to $2,724,463 (2025), a CAGR of 12.1% 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 $55,756. 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 77% of market value ($2,093,520 land vs $630,943 improvements), about $60/SF of land. With value concentrated in the land under a ~46-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 $2,724,463, 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 +12.1% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $4,824,630 by 2030, with an estimated annual tax burden around $82,654. 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 | 28,949 SF | ✗ |
| 1ST | 1st Floor | 4,150 SF | ✓ |
| 272 | COLDSTG VAULT LG | 1,200 SF | ✓ |
| 881 | COMMCL FINISHOUT | 1,150 SF | ✓ |
| 541 | FENCE COMM LF | 946 SF | ✗ |
| 482 | LIGHT POLES | 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% | $25,206.73 | $25,206.73 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $14,276.65 | $14,276.65 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $10,239.76 | $10,239.76 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $3,215.49 | $3,215.49 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,817.09 | $2,817.09 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $55,755.72 | $55,755.72 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,816,669 | $2,724,463 | +3.4% |
| Assessed Value | $2,816,669 | $2,724,463 | +3.4% |
| Land Value | $2,093,520 | $2,093,520 | +0.0% |
| Improvement Value | $723,149 | $630,943 | +14.6% |
| Taxable Value | $2,816,669 | $2,724,463 | +3.4% |
| Total Tax 2026 = estimate |
~$57,643
Estimated
|
~$55,756
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $3,095,241 | $2,816,669 | -278,572 (-9.0%) |
| Taxable Value | $3,095,241 | $2,816,669 | -278,572 (-9.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,816,669 | $2,093,520 | $723,149 | — | $2,816,669 | $2,816,669 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $2,724,463 | $2,093,520 | $630,943 | — | $2,724,463 | $2,724,463 | ~$55,756 | Partial |
| 2024 | $2,095,520 | — | — | −$2,000 | $2,093,520 | $— | $49,835 | Verified |
| 2023 | $1,815,560 | — | — | — | $2,093,520 ! | $— | $37,913 | Verified |
| 2022 | $1,739,010 | — | — | −$517,790 | $1,221,220 | $— | $35,856 | Verified |
| 2021 | $1,724,783 | — | — | −$503,563 | $1,221,220 | $— | $37,853 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +13.6% | +13.6% | ~100% | Not available | Partial |
| 2025 | +0.1% | +8.3% | ~100% | Not available | Partial |
| 2024 | +29.9% | +20.0% | 92.4% | 1.8300% | Verified |
| 2023 | +15.4% | +15.4% | ~100% | 1.8100% | Verified |
| 2022 | +4.4% | +4.4% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1900% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +56.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +3.4% | +10.8% | +11.4% | +30.0% | 2025 | +0.8% | 2022 |
| Assessment Ratio | 100.0% | 92.7% | — | 115.3% | 2023 | 70.2% | 2022 |
| 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 |
$55,756 | $43,443 | ~$71,087 | $55,756 | 2025 | $35,856 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$3,054,341 | ~$2,996,909 | ~2.0139% | ~$60,356 | +12.1% |
| 2027 | ~$3,424,161 | ~$3,296,600 | ~1.9814% | ~$65,318 | +25.7% |
| 2028 | ~$3,838,758 | ~$3,626,260 | ~1.9488% | ~$70,670 | +40.9% |
| 2029 | ~$4,303,555 | ~$3,988,886 | ~1.9163% | ~$76,439 | +58.0% |
| 2030 | ~$4,824,630 | ~$4,387,775 | ~1.8837% | ~$82,654 | +77.1% |
| 2026 | ~$2,999,852 | ~$2,996,909 | ~2.0465% | ~$61,331 | +10.1% |
| 2027 | ~$3,303,077 | ~$3,296,600 | ~2.0465% | ~$67,464 | +21.2% |
| 2028 | ~$3,636,952 | ~$3,626,260 | ~2.0465% | ~$74,211 | +33.5% |
| 2029 | ~$4,004,575 | ~$3,988,886 | ~2.0465% | ~$81,632 | +47.0% |
| 2030 | ~$4,409,358 | ~$4,387,775 | ~2.0465% | ~$89,795 | +61.8% |
| 2026 | ~$3,108,830 | ~$2,996,909 | ~1.9977% | ~$59,868 | +14.1% |
| 2027 | ~$3,547,424 | ~$3,296,600 | ~1.9488% | ~$64,245 | +30.2% |
| 2028 | ~$4,047,895 | ~$3,626,260 | ~1.9000% | ~$68,900 | +48.6% |
| 2029 | ~$4,618,972 | ~$3,988,886 | ~1.8512% | ~$73,842 | +69.5% |
| 2030 | ~$5,270,617 | ~$4,387,775 | ~1.8024% | ~$79,084 | +93.5% |
In 2025, this property's market value of $2,724,463 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +92% 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 | $2,724,463 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $2,095,520 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $1,815,560 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $1,739,010 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $1,724,783 | $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.