4505 E M L KING JR BLVD A TX 78721
| Owner | JSP CONSTRUCTION INVESTMENT LLC |
|---|---|
| Parcel ID | 0212200910 |
| Short ID | 877690 |
| Type | Real |
| Use Code | 24 Commercial Space Condos |
| Valuation | Income |
| Improvement SF | 1,160 SF |
| Land SF | 3,615 SF |
| Acres | 0.083 |
| Year Built | 2016 |
| Legal | UNT COM A EAGLE VIEW PLACE CONDOMINIUMS PLUS 9.68 % INT IN COM AREA |
| Neighborhood | 24EC11 |
| Land | $144,612 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $144,612 |
| Improvement | $480,374 |
|---|---|
| Total Improvement | $480,374 |
| Market | $624,986 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $624,986 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $624,986 |
| Taxable Value | $624,986 |
|---|
Appreciation: Market value has risen +98.1% from $315,454 (2021) to $624,986 (2025), a CAGR of 18.6% over 4 years. This is strong appreciation — well above typical inflation. Growth has been fairly evenly spread across these years rather than concentrated in one jump. 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 $12,790. 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 23% of market value ($144,612 land vs $480,374 improvements), about $40/SF of land. Most value sits in the improvements, so building condition, age (~10 yrs), and rent roll drive the underwriting.
Submarket Position: At $624,986, this parcel sits in the bottom quartile (<25th 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 +18.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,469,055 by 2030, with an estimated annual tax burden around $18,961. 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.
1 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 1,160 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% | $5,782.37 | $5,782.37 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $3,275.03 | $3,275.03 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,348.98 | $2,348.98 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $737.63 | $737.63 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $646.24 | $646.24 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $12,790.25 | $12,790.25 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $546,217 | $624,986 | -12.6% |
| Assessed Value | $546,217 | $624,986 | -12.6% |
| Land Value | $144,612 | $144,612 | +0.0% |
| Improvement Value | $401,605 | $480,374 | -16.4% |
| Taxable Value | $546,217 | $624,986 | -12.6% |
| Total Tax 2026 = estimate |
~$11,178
Estimated
|
~$12,790
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $546,217 | $546,217 | +0 (+0.0%) |
| Taxable Value | $546,217 | $546,217 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $546,217 | $144,612 | $401,605 | — | $546,217 | $546,217 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $624,986 | $144,612 | $480,374 | — | $624,986 | $624,986 | ~$12,790 | Partial |
| 2024 | $607,265 | — | — | −$462,653 | $144,612 | $— | $12,221 | Verified |
| 2023 | $473,810 | — | — | −$383,428 | $90,382 | $— | $10,987 | Verified |
| 2022 | $315,454 | — | — | −$225,072 | $90,382 | $— | $9,357 | Verified |
| 2021 | $315,454 | — | — | −$243,148 | $72,306 | $— | $6,866 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -12.6% | -12.6% | ~100% | Not available | Partial |
| 2025 | +1.3% | +1.3% | ~100% | Not available | Partial |
| 2024 | +1.6% | +1.6% | ~100% | 1.9800% | Verified |
| 2023 | +28.2% | +28.2% | ~100% | 1.8100% | Verified |
| 2022 | +28.3% | +28.3% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +69.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -12.6% | +13.7% | +22.1% | +50.2% | 2023 | -12.6% | 2026 |
| Assessment Ratio | 100.0% | 49.1% | — | 100.0% | 2025 | 19.1% | 2023 |
| 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 |
$12,790 | $10,444 | ~$16,308 | $12,790 | 2025 | $6,866 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$741,488 | ~$687,485 | ~2.0139% | ~$13,846 | +18.6% |
| 2027 | ~$879,706 | ~$756,233 | ~1.9814% | ~$14,984 | +40.8% |
| 2028 | ~$1,043,689 | ~$831,856 | ~1.9488% | ~$16,212 | +67.0% |
| 2029 | ~$1,238,239 | ~$915,042 | ~1.9163% | ~$17,535 | +98.1% |
| 2030 | ~$1,469,055 | ~$1,006,546 | ~1.8837% | ~$18,961 | +135.1% |
| 2026 | ~$728,988 | ~$687,485 | ~2.0465% | ~$14,069 | +16.6% |
| 2027 | ~$850,296 | ~$756,233 | ~2.0465% | ~$15,476 | +36.1% |
| 2028 | ~$991,791 | ~$831,856 | ~2.0465% | ~$17,024 | +58.7% |
| 2029 | ~$1,156,832 | ~$915,042 | ~2.0465% | ~$18,726 | +85.1% |
| 2030 | ~$1,349,336 | ~$1,006,546 | ~2.0465% | ~$20,599 | +115.9% |
| 2026 | ~$753,987 | ~$687,485 | ~1.9977% | ~$13,734 | +20.6% |
| 2027 | ~$909,615 | ~$756,233 | ~1.9488% | ~$14,738 | +45.5% |
| 2028 | ~$1,097,366 | ~$831,856 | ~1.9000% | ~$15,805 | +75.6% |
| 2029 | ~$1,323,869 | ~$915,042 | ~1.8512% | ~$16,939 | +111.8% |
| 2030 | ~$1,597,125 | ~$1,006,546 | ~1.8024% | ~$18,142 | +155.5% |
In 2025, this property's market value of $624,986 places it in the bottom 25% for Commercial properties in Travis County (13608 comparable) — -56% 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 | $624,986 | $649,268 | $1,417,484 | $3,347,260 | ↓ Bottom 25% | -0.8% |
| 2024 | $607,265 | $661,016 | $1,438,465 | $3,471,171 | ↓ Bottom 25% | +0.0% |
| 2023 | $473,810 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $315,454 | $553,066 | $1,215,730 | $2,939,150 | ↓ Bottom 25% | +3.3% |
| 2021 | $315,454 | $517,750 | $1,142,600 | $2,780,453 | ↓ Bottom 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.