6123 F M RD 969 TX 78724
| Owner | STREET OLIVER B II |
|---|---|
| Parcel ID | 0213281004 |
| Short ID | 544747 |
| Type | Real |
| Use Code | 59 Office / Retail (SFR Conv.) |
| Valuation | Income |
| Improvement SF | 2,506 SF |
| Land SF | 43,560 SF |
| Acres | 1.000 |
| Year Built | 1955 |
| Legal | LOT 1 JOSHUA WEST SUBD |
| Neighborhood | 59NEA |
| Land | $871,200 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $871,200 |
| Improvement | $153,103 |
|---|---|
| Total Improvement | $153,103 |
| Market | $1,024,303 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,024,303 |
| Value Limitation Adjustment (−) (homestead cap) | −$547,085 |
| Net Appraised (assessed) | $477,218 |
| Taxable Value | $477,218 |
|---|
Appreciation: Market value has risen +262.0% from $282,923 (2021) to $1,024,303 (2025), a CAGR of 37.9% 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 $9,766. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Assessment Gap: Assessed value ($477,218) is $547,085 below market value, suggesting potential for an upward assessment in future years.
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 85% of market value ($871,200 land vs $153,103 improvements), about $20/SF of land. With value concentrated in the land under a ~71-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 $1,024,303, this parcel sits in the lower-middle (25th–50th 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 +37.9% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $5,115,389 by 2030, with an estimated annual tax burden around $14,478. 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.
8 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 2,506 SF | ✓ |
| 612C | TERRACE UNCOVERD COMM | 616 SF | ✗ |
| UBSMT | Unfinished Basement | 512 SF | ✓ |
| 041C | GARAGE ATT 1ST COMM | 360 SF | ✓ |
| 512C | DECK UNCOVRED COMM | 200 SF | ✗ |
| 541 | FENCE COMM LF | 150 SF | ✗ |
| 011C | PORCH OPEN 1ST COMM | 54 SF | ✗ |
| 251 | BATHROOM | 1 SF | ✓ |
Market value changed by 217% in 2024, 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% | $4,415.22 | $4,415.22 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $2,500.70 | $2,500.70 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,793.60 | $1,793.60 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $563.23 | $563.23 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $493.44 | $493.44 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $9,766.19 | $9,766.19 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,202,200 | $1,024,303 | +17.4% |
| Assessed Value | $572,662 | $477,218 | +20.0% |
| Land Value | $871,200 | $871,200 | +0.0% |
| Improvement Value | $331,000 | $153,103 | +116.2% |
| Taxable Value | $572,662 | $477,218 | +20.0% |
| HS Cap Loss | -$629,538 | — | |
| Total Tax 2026 = estimate |
~$11,719
Estimated
|
~$9,766
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,202,200 | $1,202,200 | +0 (+0.0%) |
| Taxable Value | $572,662 | $572,662 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,202,200 | $871,200 | $331,000 | −$629,538 | $572,662 | $572,662 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,024,303 | $871,200 | $153,103 | −$547,085 | $477,218 | $477,218 | ~$9,766 | Partial |
| 2024 | $331,402 | — | — | — | $630,357 ! | $— | $7,881 | Verified |
| 2023 | $337,500 | — | — | −$206,820 | $130,680 | $— | $5,996 | Verified |
| 2022 | $292,779 | — | — | −$162,099 | $130,680 | $— | $6,665 | Verified |
| 2021 | $282,923 | — | — | −$152,243 | $130,680 | $— | $6,373 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +17.4% | +20.0% | 47.6% | Not available | Partial |
| 2025 | -2.5% | +20.0% | 46.6% | Not available | Partial |
| 2024 | +217.0% ! | +20.0% | 37.8% | 0.7500% | Verified |
| 2023 | -1.8% | -1.8% | ~100% | 1.8100% | Verified |
| 2022 | +15.3% | +15.3% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.2500% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +249.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +17.4% | +48.7% | +33.9% | +209.1% | 2025 | -1.8% | 2024 |
| Assessment Ratio | 47.6% | 69.0% | — | 190.2% | 2024 | 38.7% | 2023 |
| Effective Tax Rate (2025) | 0.9500% | 0.9500% | — | 0.9500% | 2025 | 0.9500% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$9,766 | $7,336 | ~$12,452 | $9,766 | 2025 | $5,996 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,412,923 | ~$524,940 | ~2.0139% | ~$10,572 | +37.9% |
| 2027 | ~$1,948,985 | ~$577,434 | ~1.9814% | ~$11,441 | +90.3% |
| 2028 | ~$2,688,429 | ~$635,177 | ~1.9488% | ~$12,379 | +162.5% |
| 2029 | ~$3,708,418 | ~$698,695 | ~1.9163% | ~$13,389 | +262.0% |
| 2030 | ~$5,115,389 | ~$768,564 | ~1.8837% | ~$14,478 | +399.4% |
| 2026 | ~$1,392,437 | ~$524,940 | ~2.0465% | ~$10,743 | +35.9% |
| 2027 | ~$1,892,878 | ~$577,434 | ~2.0465% | ~$11,817 | +84.8% |
| 2028 | ~$2,573,177 | ~$635,177 | ~2.0465% | ~$12,999 | +151.2% |
| 2029 | ~$3,497,976 | ~$698,695 | ~2.0465% | ~$14,299 | +241.5% |
| 2030 | ~$4,755,146 | ~$768,564 | ~2.0465% | ~$15,729 | +364.2% |
| 2026 | ~$1,433,409 | ~$524,940 | ~1.9977% | ~$10,487 | +39.9% |
| 2027 | ~$2,005,912 | ~$577,434 | ~1.9488% | ~$11,253 | +95.8% |
| 2028 | ~$2,807,072 | ~$635,177 | ~1.9000% | ~$12,068 | +174.0% |
| 2029 | ~$3,928,215 | ~$698,695 | ~1.8512% | ~$12,934 | +283.5% |
| 2030 | ~$5,497,142 | ~$768,564 | ~1.8024% | ~$13,852 | +436.7% |
In 2025, this property's market value of $1,024,303 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -28% 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 | $1,024,303 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $331,402 | $661,016 | $1,438,465 | $3,471,171 | ↓ Bottom 25% | +0.0% |
| 2023 | $337,500 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $292,779 | $553,066 | $1,215,730 | $2,939,150 | ↓ Bottom 25% | +3.3% |
| 2021 | $282,923 | $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.