929 E 41 ST TX 78751
| Owner | MONTWALK HOLDINGS LTD |
|---|---|
| Parcel ID | 0217090432 |
| Short ID | 211824 |
| Type | Real |
| Use Code | 52 Office Medium (10–35,000 SF) |
| Valuation | Income |
| Improvement SF | 16,387 SF |
| Land SF | 40,954 SF |
| Acres | 0.940 |
| Year Built | 1981 |
| Legal | LOT A EBCO OFFICE PARK |
| Neighborhood | 52CEN |
| Land | $2,047,700 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,047,700 |
| Improvement | $52,300 |
|---|---|
| Total Improvement | $52,300 |
| Market | $2,100,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,100,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $2,100,000 |
| Taxable Value | $2,100,000 |
|---|
Appreciation: Market value has fallen -7.1% from $2,261,575 (2021) to $2,100,000 (2025), a CAGR of -1.8% over 4 years. Growth has been relatively flat for this asset class. 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 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 $42,976. 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 98% of market value ($2,047,700 land vs $52,300 improvements), about $50/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 $2,100,000, 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 -1.8% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,914,166 by 2030, with an estimated annual tax burden around $36,058. 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 | 22,980 SF | ✗ |
| 1ST | 1st Floor | 16,387 SF | ✓ |
| 501 | CANOPY | 102 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% | $19,429.20 | $19,429.20 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $11,004.36 | $11,004.36 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $7,892.75 | $7,892.75 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,478.48 | $2,478.48 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,171.40 | $2,171.40 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $42,976.19 | $42,976.19 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,200,000 | $2,100,000 | +4.8% |
| Assessed Value | $2,200,000 | $2,100,000 | +4.8% |
| Land Value | $2,047,700 | $2,047,700 | +0.0% |
| Improvement Value | $152,300 | $52,300 | +191.2% |
| Taxable Value | $2,200,000 | $2,100,000 | +4.8% |
| Total Tax 2026 = estimate |
~$45,023
Estimated
|
~$42,976
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $2,200,000 | $2,200,000 | +0 (+0.0%) |
| Taxable Value | $2,200,000 | $2,200,000 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,200,000 | $2,047,700 | $152,300 | — | $2,200,000 | $2,200,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $2,100,000 | $2,047,700 | $52,300 | — | $2,100,000 | $2,100,000 | ~$42,976 | Partial |
| 2024 | $2,200,000 | — | — | −$216,578 | $1,983,422 | $— | $39,308 | Verified |
| 2023 | $2,681,349 | — | — | −$633,649 | $2,047,700 | $— | $40,001 | Verified |
| 2022 | $2,264,325 | — | — | −$216,625 | $2,047,700 | $— | $52,955 | Verified |
| 2021 | $2,261,575 | — | — | −$213,875 | $2,047,700 | $— | $49,287 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +4.8% | +4.8% | ~100% | Not available | Partial |
| 2025 | +5.9% | +5.9% | ~100% | Not available | Partial |
| 2024 | -17.4% | -17.4% | ~100% | 1.9800% | Verified |
| 2023 | -10.5% | -10.5% | ~100% | 1.6700% | Verified |
| 2022 | +18.4% | +18.4% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -7.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +4.8% | +0.2% | -2.7% | +18.4% | 2023 | -18.0% | 2024 |
| Assessment Ratio | 100.0% | 91.2% | — | 100.0% | 2025 | 76.4% | 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 |
$42,976 | $44,905 | ~$38,750 | $52,955 | 2022 | $39,308 | 2024 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,061,443 | ~$2,061,443 | ~2.0139% | ~$41,516 | -1.8% |
| 2027 | ~$2,023,594 | ~$2,023,594 | ~1.9814% | ~$40,095 | -3.6% |
| 2028 | ~$1,986,440 | ~$1,986,440 | ~1.9488% | ~$38,713 | -5.4% |
| 2029 | ~$1,949,968 | ~$1,949,968 | ~1.9163% | ~$37,367 | -7.1% |
| 2030 | ~$1,914,166 | ~$1,914,166 | ~1.8837% | ~$36,058 | -8.8% |
| 2026 | ~$2,019,443 | ~$2,019,443 | ~2.0465% | ~$41,328 | -3.8% |
| 2027 | ~$1,941,977 | ~$1,941,977 | ~2.0465% | ~$39,742 | -7.5% |
| 2028 | ~$1,867,482 | ~$1,867,482 | ~2.0465% | ~$38,218 | -11.1% |
| 2029 | ~$1,795,844 | ~$1,795,844 | ~2.0465% | ~$36,752 | -14.5% |
| 2030 | ~$1,726,955 | ~$1,726,955 | ~2.0465% | ~$35,342 | -17.8% |
| 2026 | ~$2,103,443 | ~$2,103,443 | ~1.9977% | ~$42,020 | +0.2% |
| 2027 | ~$2,106,892 | ~$2,106,892 | ~1.9488% | ~$41,060 | +0.3% |
| 2028 | ~$2,110,346 | ~$2,110,346 | ~1.9000% | ~$40,097 | +0.5% |
| 2029 | ~$2,113,807 | ~$2,113,807 | ~1.8512% | ~$39,131 | +0.7% |
| 2030 | ~$2,117,272 | ~$2,117,272 | ~1.8024% | ~$38,161 | +0.8% |
In 2025, this property's market value of $2,100,000 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +48% 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 | $2,100,000 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $2,200,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $2,681,349 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $2,264,325 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $2,261,575 | $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.