4803 AIRPORT BLVD TX 78751
| Owner | LAZARUS BREWING COMPANY ATX2 LLC |
|---|---|
| Parcel ID | 0220110519 |
| Short ID | 216458 |
| Type | Real |
| Use Code | 61 Warehouse (<20,000 SF) |
| Valuation | Cost |
| Improvement SF | 5,745 SF |
| Land SF | 21,140 SF |
| Acres | 0.485 |
| Year Built | 1965 |
| Legal | S100FT OF LOT 21-23 * LESS SW TRI PLUS N E TRI OF LOT 20 HARMON TERRACE |
| Neighborhood | 61CEN |
| Land | $1,479,777 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,479,777 |
| Improvement | $817,115 |
|---|---|
| Total Improvement | $817,115 |
| Market | $2,296,892 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,296,892 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $2,296,892 |
| Taxable Value | $2,296,892 |
|---|
Appreciation: Market value has risen +185.6% from $804,364 (2021) to $2,296,892 (2025), a CAGR of 30.0% 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 $47,006. 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 64% of market value ($1,479,777 land vs $817,115 improvements), about $70/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $2,296,892, 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 +30.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $8,526,102 by 2030, with an estimated annual tax burden around $69,683. 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.
6 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 7,000 SF | ✗ |
| 1ST | 1st Floor | 5,745 SF | ✓ |
| 881 | COMMCL FINISHOUT | 5,745 SF | ✓ |
| 611 | TERRACE | 4,461 SF | ✗ |
| 501 | CANOPY | 4,180 SF | ✗ |
| 011C | PORCH OPEN 1ST COMM | 250 SF | ✗ |
Market value changed by 193% 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% | $21,250.84 | $21,250.84 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $12,036.10 | $12,036.10 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $8,632.75 | $8,632.75 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,710.86 | $2,710.86 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,374.99 | $2,374.99 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $47,005.54 | $47,005.54 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,487,000 | $2,296,892 | +8.3% |
| Assessed Value | $2,487,000 | $2,296,892 | +8.3% |
| Land Value | $1,479,777 | $1,479,777 | +0.0% |
| Improvement Value | $1,007,223 | $817,115 | +23.3% |
| Taxable Value | $2,487,000 | $2,296,892 | +8.3% |
| Total Tax 2026 = estimate |
~$50,896
Estimated
|
~$47,006
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $2,487,000 | $2,487,000 | +0 (+0.0%) |
| Taxable Value | $2,487,000 | $2,487,000 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,487,000 | $1,479,777 | $1,007,223 | — | $2,487,000 | $2,487,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $2,296,892 | $1,479,777 | $817,115 | — | $2,296,892 | $2,296,892 | ~$47,006 | Partial |
| 2024 | $2,400,000 | — | — | −$920,223 | $1,479,777 | $— | $47,716 | Verified |
| 2023 | $810,003 | — | — | — | $1,479,777 ! | $— | $43,422 | Verified |
| 2022 | $808,431 | — | — | −$195,071 | $613,360 | $— | $15,997 | Verified |
| 2021 | $804,364 | — | — | −$191,004 | $613,360 | $— | $17,597 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +8.3% | +8.3% | ~100% | Not available | Partial |
| 2025 | -4.6% | -4.6% | ~100% | Not available | Partial |
| 2024 | +0.3% | +0.3% | ~100% | 1.9800% | Verified |
| 2023 | +192.6% ! | +192.6% | ~100% | 1.8100% | Verified |
| 2022 | +1.5% | +1.5% | ~100% | 1.9500% | Verified |
| 2021 | base year | — | ~100% | 2.1900% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +184.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +8.3% | +40.2% | +28.0% | +196.3% | 2024 | -4.3% | 2025 |
| Assessment Ratio | 100.0% | 99.4% | — | 182.7% | 2023 | 61.7% | 2024 |
| 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 |
$47,006 | $34,347 | ~$59,931 | $47,716 | 2024 | $15,997 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,985,813 | ~$2,526,581 | ~2.0139% | ~$50,884 | +30.0% |
| 2027 | ~$3,881,366 | ~$2,779,239 | ~1.9814% | ~$55,068 | +69.0% |
| 2028 | ~$5,045,527 | ~$3,057,163 | ~1.9488% | ~$59,579 | +119.7% |
| 2029 | ~$6,558,862 | ~$3,362,880 | ~1.9163% | ~$64,443 | +185.6% |
| 2030 | ~$8,526,102 | ~$3,699,168 | ~1.8837% | ~$69,683 | +271.2% |
| 2026 | ~$2,939,875 | ~$2,526,581 | ~2.0465% | ~$51,706 | +28.0% |
| 2027 | ~$3,762,852 | ~$2,779,239 | ~2.0465% | ~$56,877 | +63.8% |
| 2028 | ~$4,816,210 | ~$3,057,163 | ~2.0465% | ~$62,564 | +109.7% |
| 2029 | ~$6,164,440 | ~$3,362,880 | ~2.0465% | ~$68,821 | +168.4% |
| 2030 | ~$7,890,090 | ~$3,699,168 | ~2.0465% | ~$75,703 | +243.5% |
| 2026 | ~$3,031,751 | ~$2,526,581 | ~1.9977% | ~$50,473 | +32.0% |
| 2027 | ~$4,001,717 | ~$2,779,239 | ~1.9488% | ~$54,163 | +74.2% |
| 2028 | ~$5,282,010 | ~$3,057,163 | ~1.9000% | ~$58,087 | +130.0% |
| 2029 | ~$6,971,916 | ~$3,362,880 | ~1.8512% | ~$62,253 | +203.5% |
| 2030 | ~$9,202,483 | ~$3,699,168 | ~1.8024% | ~$66,673 | +300.6% |
In 2025, this property's market value of $2,296,892 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +62% 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 | $2,296,892 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $2,400,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $810,003 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $808,431 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $804,364 | $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.