1105 W 41 ST TX 78756
| Owner | PALWAN ONE LLC |
|---|---|
| Parcel ID | 0221021007 |
| Short ID | 217834 |
| Type | Real |
| Use Code | 53 Office Small (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 7,307 SF |
| Land SF | 11,150 SF |
| Acres | 0.256 |
| Year Built | 1962 |
| Legal | LOT 15-16 BLK 2 PLUS VAC ST LEES HILL ADDN |
| Neighborhood | 53CEN |
| Land | $1,003,500 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,003,500 |
| Improvement | $1,015,845 |
|---|---|
| Total Improvement | $1,015,845 |
| Market | $2,019,345 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,019,345 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $2,019,345 |
| Taxable Value | $2,019,345 |
|---|
Appreciation: Market value has fallen -5.7% from $2,141,205 (2021) to $2,019,345 (2025), a CAGR of -1.5% 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 $41,326. 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 50% of market value ($1,003,500 land vs $1,015,845 improvements), about $90/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $2,019,345, 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 -1.4% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,876,726 by 2030, with an estimated annual tax burden around $35,353. 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 |
|---|---|---|---|
| 1ST | 1st Floor | 5,520 SF | ✓ |
| 551 | PAVED AREA | 4,000 SF | ✗ |
| 093 | HVAC COMMRCL SF | 2,560 SF | ✗ |
| 2ND | 2nd Floor | 1,787 SF | ✓ |
| 491 | SPRINKLER HEADS | 1,173 SF | ✗ |
| 501 | CANOPY | 35 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% | $18,682.98 | $18,682.98 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $10,581.71 | $10,581.71 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $7,589.61 | $7,589.61 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,383.29 | $2,383.29 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,088.00 | $2,088.00 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $41,325.59 | $41,325.59 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,655,480 | $2,019,345 | +31.5% |
| Assessed Value | $2,423,214 | $2,019,345 | +20.0% |
| Land Value | $1,003,500 | $1,003,500 | +0.0% |
| Improvement Value | $1,651,980 | $1,015,845 | +62.6% |
| Taxable Value | $2,423,214 | $2,019,345 | +20.0% |
| HS Cap Loss | -$232,266 | — | |
| Total Tax 2026 = estimate |
~$49,591
Estimated
|
~$41,326
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $2,655,480 | $2,655,480 | +0 (+0.0%) |
| Taxable Value | $2,423,214 | $2,423,214 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,655,480 | $1,003,500 | $1,651,980 | −$232,266 | $2,423,214 | $2,423,214 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $2,019,345 | $1,003,500 | $1,015,845 | — | $2,019,345 | $2,019,345 | ~$41,326 | Partial |
| 2024 | $3,027,704 | — | — | −$2,024,204 | $1,003,500 | $— | $42,780 | Verified |
| 2023 | $2,706,480 | — | — | −$1,702,980 | $1,003,500 | $— | $54,779 | Verified |
| 2022 | $2,200,888 | — | — | −$1,197,388 | $1,003,500 | $— | $53,451 | Verified |
| 2021 | $2,141,205 | — | — | −$1,137,705 | $1,003,500 | $— | $47,906 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +31.5% | +20.0% | 91.2% | Not available | Partial |
| 2025 | -6.5% | -6.5% | ~100% | Not available | Partial |
| 2024 | -28.7% | -28.7% | ~100% | 1.9800% | Verified |
| 2023 | +11.9% | +11.9% | ~100% | 1.8100% | Verified |
| 2022 | +23.0% | +23.0% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.2400% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -8.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +31.5% | +7.2% | -6.2% | +31.5% | 2026 | -33.3% | 2025 |
| Assessment Ratio | 91.3% | 59.0% | — | 100.0% | 2025 | 33.1% | 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 |
$41,326 | $48,048 | ~$37,688 | $54,779 | 2023 | $41,326 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,989,979 | ~$1,989,979 | ~2.0139% | ~$40,077 | -1.5% |
| 2027 | ~$1,961,041 | ~$1,961,041 | ~1.9814% | ~$38,856 | -2.9% |
| 2028 | ~$1,932,523 | ~$1,932,523 | ~1.9488% | ~$37,662 | -4.3% |
| 2029 | ~$1,904,420 | ~$1,904,420 | ~1.9163% | ~$36,494 | -5.7% |
| 2030 | ~$1,876,726 | ~$1,876,726 | ~1.8837% | ~$35,353 | -7.1% |
| 2026 | ~$1,949,593 | ~$1,949,593 | ~2.0465% | ~$39,898 | -3.5% |
| 2027 | ~$1,882,250 | ~$1,882,250 | ~2.0465% | ~$38,520 | -6.8% |
| 2028 | ~$1,817,233 | ~$1,817,233 | ~2.0465% | ~$37,189 | -10.0% |
| 2029 | ~$1,754,462 | ~$1,754,462 | ~2.0465% | ~$35,905 | -13.1% |
| 2030 | ~$1,693,859 | ~$1,693,859 | ~2.0465% | ~$34,665 | -16.1% |
| 2026 | ~$2,030,366 | ~$2,030,366 | ~1.9977% | ~$40,560 | +0.5% |
| 2027 | ~$2,041,448 | ~$2,041,448 | ~1.9488% | ~$39,785 | +1.1% |
| 2028 | ~$2,052,590 | ~$2,052,590 | ~1.9000% | ~$39,000 | +1.6% |
| 2029 | ~$2,063,793 | ~$2,063,793 | ~1.8512% | ~$38,205 | +2.2% |
| 2030 | ~$2,075,057 | ~$2,075,057 | ~1.8024% | ~$37,400 | +2.8% |
In 2025, this property's market value of $2,019,345 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +42% 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 | $2,019,345 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $3,027,704 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $2,706,480 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $2,200,888 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $2,141,205 | $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.