1925 AIRPORT BLVD TX 78722
| Owner | AUSTACO REAL ESTATE PARTNERS LTD |
|---|---|
| Parcel ID | 0212131046 |
| Short ID | 204454 |
| Type | Real |
| Use Code | 33 Fast Food Restaurant |
| Valuation | Income |
| Improvement SF | 2,830 SF |
| Land SF | 29,452 SF |
| Acres | 0.676 |
| Year Built | 1985 |
| Legal | LOT 23 * RESUB LOT 2-3 S 254.2FT OF LOT 3-A OLT 50 DIV A DOLORES SUBD |
| Neighborhood | 33CEN |
| Land | $2,356,160 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,356,160 |
| Improvement | $77,254 |
|---|---|
| Total Improvement | $77,254 |
| Market | $2,433,414 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,433,414 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $2,433,414 |
| Taxable Value | $2,433,414 |
|---|
Appreciation: Market value has risen +78.4% from $1,364,000 (2021) to $2,433,414 (2025), a CAGR of 15.6% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2023→2024), 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 $49,799. 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 97% of market value ($2,356,160 land vs $77,254 improvements), about $80/SF of land. With value concentrated in the land under a ~41-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 $2,433,414, 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 +15.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $5,017,277 by 2030, with an estimated annual tax burden around $73,825. 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 |
|---|---|---|---|
| 551 | PAVED AREA | 3,188 SF | ✗ |
| 1ST | 1st Floor | 2,830 SF | ✓ |
| 501 | CANOPY | 588 SF | ✗ |
| 482 | LIGHT POLES | 3 SF | ✓ |
Market value changed by 95% in 2023, 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% | $22,513.95 | $22,513.95 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $12,751.50 | $12,751.50 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $9,145.86 | $9,145.86 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,871.99 | $2,871.99 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,516.15 | $2,516.15 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $49,799.45 | $49,799.45 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,433,414 | $2,433,414 | +0.0% |
| Assessed Value | $2,433,414 | $2,433,414 | +0.0% |
| Land Value | $2,356,160 | $2,356,160 | +0.0% |
| Improvement Value | $77,254 | $77,254 | +0.0% |
| Taxable Value | $2,433,414 | $2,433,414 | +0.0% |
| Total Tax 2026 = estimate |
~$49,799
Estimated
|
~$49,799
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $2,438,356 | $2,433,414 | -4,942 (-0.2%) |
| Taxable Value | $2,438,356 | $2,433,414 | -4,942 (-0.2%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,433,414 | $2,356,160 | $77,254 | — | $2,433,414 | $2,433,414 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $2,433,414 | $2,356,160 | $77,254 | — | $2,433,414 | $2,433,414 | ~$49,799 | Partial |
| 2024 | $2,520,379 | — | — | −$164,219 | $2,356,160 | $— | $47,564 | Verified |
| 2023 | $1,294,928 | — | — | — | $2,356,160 ! | $— | $45,600 | Verified |
| 2022 | $1,239,185 | — | — | −$61,105 | $1,178,080 | $— | $25,574 | Verified |
| 2021 | $1,364,000 | — | — | −$333,180 | $1,030,820 | $— | $26,973 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.2% | +0.2% | ~100% | Not available | Partial |
| 2025 | +1.4% | +1.4% | ~100% | Not available | Partial |
| 2024 | -4.8% | -4.8% | ~100% | 1.9800% | Verified |
| 2023 | +94.6% ! | +94.6% | ~100% | 1.8100% | Verified |
| 2022 | +4.5% | +4.5% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 1.9800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +96.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +17.3% | +15.6% | +94.6% | 2024 | -9.2% | 2022 |
| Assessment Ratio | 100.0% | 107.7% | — | 182.0% | 2023 | 75.6% | 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 |
$49,799 | $39,102 | ~$63,493 | $49,799 | 2025 | $25,574 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,812,331 | ~$2,676,755 | ~2.0139% | ~$53,908 | +15.6% |
| 2027 | ~$3,250,250 | ~$2,944,431 | ~1.9814% | ~$58,341 | +33.6% |
| 2028 | ~$3,756,360 | ~$3,238,874 | ~1.9488% | ~$63,120 | +54.4% |
| 2029 | ~$4,341,278 | ~$3,562,761 | ~1.9163% | ~$68,273 | +78.4% |
| 2030 | ~$5,017,277 | ~$3,919,038 | ~1.8837% | ~$73,825 | +106.2% |
| 2026 | ~$2,763,663 | ~$2,676,755 | ~2.0465% | ~$54,779 | +13.6% |
| 2027 | ~$3,138,731 | ~$2,944,431 | ~2.0465% | ~$60,257 | +29.0% |
| 2028 | ~$3,564,700 | ~$3,238,874 | ~2.0465% | ~$66,283 | +46.5% |
| 2029 | ~$4,048,481 | ~$3,562,761 | ~2.0465% | ~$72,911 | +66.4% |
| 2030 | ~$4,597,916 | ~$3,919,038 | ~2.0465% | ~$80,203 | +88.9% |
| 2026 | ~$2,860,999 | ~$2,676,755 | ~1.9977% | ~$53,473 | +17.6% |
| 2027 | ~$3,363,717 | ~$2,944,431 | ~1.9488% | ~$57,382 | +38.2% |
| 2028 | ~$3,954,769 | ~$3,238,874 | ~1.9000% | ~$61,539 | +62.5% |
| 2029 | ~$4,649,678 | ~$3,562,761 | ~1.8512% | ~$65,954 | +91.1% |
| 2030 | ~$5,466,692 | ~$3,919,038 | ~1.8024% | ~$70,636 | +124.7% |
In 2025, this property's market value of $2,433,414 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +72% 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 | $2,433,414 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $2,520,379 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $1,294,928 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $1,239,185 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $1,364,000 | $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.