3218 MANOR RD AUSTIN, TX 78723
| Owner | NOLA GRACE LLC |
|---|---|
| Parcel ID | 0214150220 |
| Short ID | 207649 |
| Type | Real |
| Use Code | 52 Office Medium (10–35,000 SF) |
| Valuation | Income |
| Improvement SF | 22,432 SF |
| Land SF | 43,826 SF |
| Acres | 1.006 |
| Year Built | 1965 |
| Legal | LOT 2 OLT 36 DIV C H & M SUBD |
| Neighborhood | 52EAS |
| Land | $2,629,560 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,629,560 |
| Improvement | $1,117,301 |
|---|---|
| Total Improvement | $1,117,301 |
| Market | $3,746,861 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $3,746,861 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $3,746,861 |
| Taxable Value | $3,746,861 |
|---|
Appreciation: Market value has fallen -46.5% from $7,000,000 (2021) to $3,746,861 (2025), a CAGR of -14.5% over 4 years. Growth has been relatively flat for this asset class. 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 lagged 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 $76,679. 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 70% of market value ($2,629,560 land vs $1,117,301 improvements), about $60/SF of land. With value concentrated in the land under a ~61-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 $3,746,861, this parcel sits in the top quartile (≥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 -14.5% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,715,456 by 2030, with an estimated annual tax burden around $32,315. 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 |
|---|---|---|---|
| 1ST | 1st Floor | 21,106 SF | ✓ |
| 551 | PAVED AREA | 19,300 SF | ✗ |
| 2ND | 2nd Floor | 1,326 SF | ✓ |
| 541 | FENCE COMM LF | 500 SF | ✗ |
| 501 | CANOPY | 212 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% | $34,665.96 | $34,665.96 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $19,634.19 | $19,634.19 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $14,082.39 | $14,082.39 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $4,422.16 | $4,422.16 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $3,874.25 | $3,874.25 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $76,678.95 | $76,678.95 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $3,319,689 | $3,746,861 | -11.4% |
| Assessed Value | $3,319,689 | $3,746,861 | -11.4% |
| Land Value | $2,629,560 | $2,629,560 | +0.0% |
| Improvement Value | $690,129 | $1,117,301 | -38.2% |
| Taxable Value | $3,319,689 | $3,746,861 | -11.4% |
| Total Tax 2026 = estimate |
~$67,937
Estimated
|
~$76,679
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $3,403,206 | $3,319,689 | -83,517 (-2.5%) |
| Taxable Value | $3,403,206 | $3,319,689 | -83,517 (-2.5%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $3,319,689 | $2,629,560 | $690,129 | — | $3,319,689 | $3,319,689 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $3,746,861 | $2,629,560 | $1,117,301 | — | $3,746,861 | $3,746,861 | ~$76,679 | Partial |
| 2024 | $7,500,000 | — | — | −$4,870,440 | $2,629,560 | $— | $79,898 | Verified |
| 2023 | $7,500,000 | — | — | −$4,870,440 | $2,629,560 | $— | $135,694 | Verified |
| 2022 | $— | — | — | — | $1,533,910 | $— | $127,012 | Verified |
| 2021 | $7,000,000 | — | — | −$5,466,090 | $1,533,910 | $— | $136,693 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -9.2% | -9.2% | ~100% | Not available | Partial |
| 2025 | -7.1% | -7.1% | ~100% | Not available | Partial |
| 2024 | -46.2% | -46.2% | ~100% | 1.9800% | Verified |
| 2023 | +0.0% | +0.0% | ~100% | 1.8100% | Verified |
| 2022 | -4.6% | -4.6% | ~100% | 1.6900% | Verified |
| 2021 | base year | — | ~100% | 1.9500% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -52.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -11.4% | -13.6% | -12.3% | +7.1% | 2023 | -50.0% | 2025 |
| Assessment Ratio | 100.0% | 58.4% | — | 100.0% | 2025 | 21.9% | 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 |
$76,679 | $107,241 | ~$47,060 | $136,693 | 2021 | $76,679 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$3,204,867 | ~$3,204,867 | ~2.0139% | ~$64,544 | -14.5% |
| 2027 | ~$2,741,273 | ~$2,741,273 | ~1.9814% | ~$54,315 | -26.8% |
| 2028 | ~$2,344,740 | ~$2,344,740 | ~1.9488% | ~$45,695 | -37.4% |
| 2029 | ~$2,005,567 | ~$2,005,567 | ~1.9163% | ~$38,432 | -46.5% |
| 2030 | ~$1,715,456 | ~$1,715,456 | ~1.8837% | ~$32,315 | -54.2% |
| 2026 | ~$3,559,518 | ~$3,559,518 | ~2.0465% | ~$72,845 | -5.0% |
| 2027 | ~$3,381,542 | ~$3,381,542 | ~2.0465% | ~$69,203 | -9.8% |
| 2028 | ~$3,212,465 | ~$3,212,465 | ~2.0465% | ~$65,743 | -14.3% |
| 2029 | ~$3,051,842 | ~$3,051,842 | ~2.0465% | ~$62,455 | -18.5% |
| 2030 | ~$2,899,250 | ~$2,899,250 | ~2.0465% | ~$59,333 | -22.6% |
| 2026 | ~$3,279,804 | ~$3,279,804 | ~1.9977% | ~$65,519 | -12.5% |
| 2027 | ~$2,870,967 | ~$2,870,967 | ~1.9488% | ~$55,951 | -23.4% |
| 2028 | ~$2,513,092 | ~$2,513,092 | ~1.9000% | ~$47,749 | -32.9% |
| 2029 | ~$2,199,828 | ~$2,199,828 | ~1.8512% | ~$40,723 | -41.3% |
| 2030 | ~$1,925,613 | ~$1,925,613 | ~1.8024% | ~$34,707 | -48.6% |
In 2025, this property's market value of $3,746,861 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — +164% 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 | $3,746,861 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $7,500,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $7,500,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | — | $553,066 | $1,215,730 | $2,939,150 | — | +3.3% |
| 2021 | $7,000,000 | $517,750 | $1,142,600 | $2,780,453 | ↑ Top 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.