4100 E 51 ST TX 78723
| Owner | RWQW REAL ESTATE LLC |
|---|---|
| Parcel ID | 0215210149 |
| Short ID | 808627 |
| Type | Real |
| Use Code | 30 Strip Center (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 8,000 SF |
| Land SF | 63,293 SF |
| Acres | 1.453 |
| Year Built | 2022 |
| Legal | LOT 2 AUSTIN (SPRINGDALE) DTP IV LLC ADDN |
| Neighborhood | 1EA2 |
| Land | $2,531,707 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,531,707 |
| Improvement | $668,293 |
|---|---|
| Total Improvement | $668,293 |
| Market | $3,200,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $3,200,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $3,200,000 |
| Taxable Value | $3,200,000 |
|---|
Appreciation: Market value has risen +321.3% from $759,512 (2021) to $3,200,000 (2025), a CAGR of 43.3% 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 $65,488. 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 79% of market value ($2,531,707 land vs $668,293 improvements), about $40/SF of land. With value concentrated in the land, this reads as a land-dominated asset — the classic higher-and-best-use / redevelopment signal. Underwrite the dirt, not the building.
Submarket Position: At $3,200,000, 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 +43.3% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $19,316,087 by 2030, with an estimated annual tax burden around $97,081. 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.
3 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 14,000 SF | ✗ |
| 1ST | 1st Floor | 8,000 SF | ✓ |
| 501 | CANOPY | 959 SF | ✗ |
Market value changed by 363% 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% | $29,606.40 | $29,606.40 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $16,768.54 | $16,768.54 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $12,027.04 | $12,027.04 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $3,776.74 | $3,776.74 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $3,308.80 | $3,308.80 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $65,487.52 | $65,487.52 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $3,340,000 | $3,200,000 | +4.4% |
| Assessed Value | $3,340,000 | $3,200,000 | +4.4% |
| Land Value | $2,531,707 | $2,531,707 | +0.0% |
| Improvement Value | $808,293 | $668,293 | +20.9% |
| Taxable Value | $3,340,000 | $3,200,000 | +4.4% |
| Total Tax 2026 = estimate |
~$68,353
Estimated
|
~$65,488
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $4,514,793 | $3,340,000 | -1,174,793 (-26.0%) |
| Taxable Value | $3,840,000 | $3,340,000 | -500,000 (-13.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $3,340,000 | $2,531,707 | $808,293 | — | $3,340,000 | $3,340,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $3,200,000 | $2,531,707 | $668,293 | — | $3,200,000 | $3,200,000 | ~$65,488 | Partial |
| 2024 | $2,900,000 | — | — | — | — | $— | $63,418 | Verified |
| 2023 | $759,512 | — | — | — | — | $— | $52,468 | Verified |
| 2022 | $— | — | — | — | — | $— | $15,000 | Verified |
| 2021 | $759,512 | — | — | — | $759,512 | $— | $16,532 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +41.1% | +20.0% | 85.0% | Not available | Partial |
| 2025 | -32.6% | -11.0% | ~100% | Not available | Partial |
| 2024 | +8.1% | -18.1% | 75.7% | 1.3300% | Verified |
| 2023 | +362.9% ! | +362.9% | ~100% | 1.1900% | Verified |
| 2022 | +25.0% | +25.0% | ~100% | 1.5800% | Verified |
| 2021 | base year | — | ~100% | 2.1800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +321.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +4.4% | +74.1% | +42.1% | +281.8% | 2024 | +0.0% | 2023 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2021 | 100.0% | 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 |
$65,488 | $49,476 | ~$83,495 | $65,488 | 2025 | $16,532 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$4,584,625 | ~$3,520,000 | ~2.0139% | ~$70,891 | +43.3% |
| 2027 | ~$6,568,371 | ~$3,872,000 | ~1.9814% | ~$76,719 | +105.3% |
| 2028 | ~$9,410,474 | ~$4,259,200 | ~1.9488% | ~$83,005 | +194.1% |
| 2029 | ~$13,482,341 | ~$4,685,120 | ~1.9163% | ~$89,781 | +321.3% |
| 2030 | ~$19,316,087 | ~$5,153,632 | ~1.8837% | ~$97,081 | +503.6% |
| 2026 | ~$4,520,625 | ~$3,520,000 | ~2.0465% | ~$72,036 | +41.3% |
| 2027 | ~$6,386,266 | ~$3,872,000 | ~2.0465% | ~$79,240 | +99.6% |
| 2028 | ~$9,021,847 | ~$4,259,200 | ~2.0465% | ~$87,164 | +181.9% |
| 2029 | ~$12,745,121 | ~$4,685,120 | ~2.0465% | ~$95,880 | +298.3% |
| 2030 | ~$18,004,973 | ~$5,153,632 | ~2.0465% | ~$105,468 | +462.7% |
| 2026 | ~$4,648,625 | ~$3,520,000 | ~1.9977% | ~$70,318 | +45.3% |
| 2027 | ~$6,753,036 | ~$3,872,000 | ~1.9488% | ~$75,459 | +111.0% |
| 2028 | ~$9,810,103 | ~$4,259,200 | ~1.9000% | ~$80,926 | +206.6% |
| 2029 | ~$14,251,090 | ~$4,685,120 | ~1.8512% | ~$86,731 | +345.3% |
| 2030 | ~$20,702,492 | ~$5,153,632 | ~1.8024% | ~$92,888 | +547.0% |
In 2025, this property's market value of $3,200,000 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +126% 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 | $3,200,000 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $2,900,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $759,512 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | — | $553,066 | $1,215,730 | $2,939,150 | — | +3.3% |
| 2021 | $759,512 | $517,750 | $1,142,600 | $2,780,453 | ↓ Below 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.