3822 AIRPORT BLVD TX 78722
| Owner | MANCHACA INVESTMENTS LTD |
|---|---|
| Parcel ID | 0214130231 |
| Short ID | 207583 |
| Type | Real |
| Use Code | 61 Warehouse (<20,000 SF) |
| Valuation | Cost |
| Improvement SF | 12,000 SF |
| Land SF | 46,908 SF |
| Acres | 1.077 |
| Year Built | 1981 |
| Legal | LOT 1 NEIGHBORS ADDN 1-A |
| Neighborhood | 61EAS |
| Land | $3,002,112 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $3,002,112 |
| Improvement | $209,480 |
|---|---|
| Total Improvement | $209,480 |
| Market | $3,211,592 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $3,211,592 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $3,211,592 |
| Taxable Value | $3,211,592 |
|---|
Appreciation: Market value has risen +78.4% from $1,800,000 (2021) to $3,211,592 (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 $65,725. 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 93% of market value ($3,002,112 land vs $209,480 improvements), about $64/SF of land. With value concentrated in the land under a ~45-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 $3,211,592, 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 $6,622,625 by 2030, with an estimated annual tax burden around $97,433. 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.
5 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 15,000 SF | ✗ |
| 1ST | 1st Floor | 12,000 SF | ✓ |
| 328 | MEZZ COMM (STG) | 2,394 SF | ✓ |
| 881 | COMMCL FINISHOUT | 2,394 SF | ✓ |
| 327 | STORAGE COMM'L | 480 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% | $29,713.65 | $29,713.65 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $16,829.29 | $16,829.29 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $12,070.61 | $12,070.61 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $3,790.42 | $3,790.42 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $3,320.79 | $3,320.79 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $65,724.76 | $65,724.76 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,700,000 | $3,211,592 | -15.9% |
| Assessed Value | $2,700,000 | $3,211,592 | -15.9% |
| Land Value | $3,002,112 | $3,002,112 | +0.0% |
| Improvement Value | — | $209,480 | — |
| Taxable Value | $2,700,000 | $3,211,592 | -15.9% |
| Total Tax 2026 = estimate |
~$55,255
Estimated
|
~$65,725
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $3,141,356 | $2,700,000 | -441,356 (-14.0%) |
| Taxable Value | $3,141,356 | $2,700,000 | -441,356 (-14.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,700,000 | $3,002,112 | — | — | $2,700,000 | $2,700,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $3,211,592 | $3,002,112 | $209,480 | — | $3,211,592 | $3,211,592 | ~$65,725 | Partial |
| 2024 | $3,254,000 | — | — | −$251,888 | $3,002,112 | $— | $65,447 | Verified |
| 2023 | $2,182,192 | — | — | — | $3,002,112 ! | $— | $58,873 | Verified |
| 2022 | $1,950,000 | — | — | −$448,944 | $1,501,056 | $— | $43,097 | Verified |
| 2021 | $1,800,000 | — | — | −$486,576 | $1,313,424 | $— | $42,445 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -2.2% | -2.2% | ~100% | Not available | Partial |
| 2025 | -2.7% | -2.7% | ~100% | Not available | Partial |
| 2024 | +1.5% | +1.5% | ~100% | 1.9800% | Verified |
| 2023 | +49.1% | +49.1% | ~100% | 1.8100% | Verified |
| 2022 | +11.9% | +11.9% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.3600% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +64.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -15.9% | +10.4% | +20.0% | +49.1% | 2024 | -15.9% | 2026 |
| Assessment Ratio | 100.0% | 96.6% | — | 137.6% | 2023 | 73.0% | 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 |
$65,725 | $55,117 | ~$83,798 | $65,725 | 2025 | $42,445 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$3,711,781 | ~$3,532,751 | ~2.0139% | ~$71,147 | +15.6% |
| 2027 | ~$4,289,872 | ~$3,886,026 | ~1.9814% | ~$76,997 | +33.6% |
| 2028 | ~$4,957,997 | ~$4,274,629 | ~1.9488% | ~$83,306 | +54.4% |
| 2029 | ~$5,730,180 | ~$4,702,092 | ~1.9163% | ~$90,106 | +78.4% |
| 2030 | ~$6,622,625 | ~$5,172,301 | ~1.8837% | ~$97,433 | +106.2% |
| 2026 | ~$3,647,549 | ~$3,532,751 | ~2.0465% | ~$72,297 | +13.6% |
| 2027 | ~$4,142,685 | ~$3,886,026 | ~2.0465% | ~$79,527 | +29.0% |
| 2028 | ~$4,705,033 | ~$4,274,629 | ~2.0465% | ~$87,480 | +46.5% |
| 2029 | ~$5,343,717 | ~$4,702,092 | ~2.0465% | ~$96,228 | +66.4% |
| 2030 | ~$6,069,099 | ~$5,172,301 | ~2.0465% | ~$105,850 | +89.0% |
| 2026 | ~$3,776,013 | ~$3,532,751 | ~1.9977% | ~$70,572 | +17.6% |
| 2027 | ~$4,439,628 | ~$3,886,026 | ~1.9488% | ~$75,732 | +38.2% |
| 2028 | ~$5,219,869 | ~$4,274,629 | ~1.9000% | ~$81,219 | +62.5% |
| 2029 | ~$6,137,234 | ~$4,702,092 | ~1.8512% | ~$87,045 | +91.1% |
| 2030 | ~$7,215,822 | ~$5,172,301 | ~1.8024% | ~$93,224 | +124.7% |
In 2025, this property's market value of $3,211,592 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +127% 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 | $3,211,592 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $3,254,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $2,182,192 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $1,950,000 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $1,800,000 | $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.