4009 MARATHON BLVD TX 78756
| Owner | PHIDIPPIDES 26.2 LP |
|---|---|
| Parcel ID | 0221021416 |
| Short ID | 217860 |
| Type | Real |
| Use Code | 51 Office Large (>35,000 SF) |
| Valuation | Income |
| Improvement SF | 25,200 SF |
| Land SF | 11,400 SF |
| Acres | 0.262 |
| Year Built | 2018 |
| Legal | LOT 24-26 BLK 1 LEES HILL ADDN |
| Neighborhood | 52CEN |
| Land | $1,026,000 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,026,000 |
| Improvement | $8,430,315 |
|---|---|
| Total Improvement | $8,430,315 |
| Market | $9,456,315 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $9,456,315 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $9,456,315 |
| Taxable Value | $9,456,315 |
|---|
Appreciation: Market value has fallen -17.1% from $11,409,000 (2021) to $9,456,315 (2025), a CAGR of -4.6% 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 $193,522. 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 11% of market value ($1,026,000 land vs $8,430,315 improvements), about $90/SF of land. Most value sits in the improvements, so building condition, age (~8 yrs), and rent roll drive the underwriting.
Submarket Position: At $9,456,315, 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 -4.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $7,478,506 by 2030, with an estimated annual tax burden around $140,876. 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.
8 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 187 | PARKING GARAGE | 18,000 SF | ✓ |
| 511 | DECK | 9,000 SF | ✗ |
| 1ST | 1st Floor | 8,400 SF | ✓ |
| 2ND | 2nd Floor | 8,400 SF | ✓ |
| 3RD | 3rd Floor | 8,400 SF | ✓ |
| 611 | TERRACE | 2,400 SF | ✗ |
| 501 | CANOPY | 600 SF | ✗ |
| 413 | STAIRWAY EXT | 3 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% | $87,489.83 | $87,489.83 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $49,552.70 | $49,552.70 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $35,541.09 | $35,541.09 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $11,160.63 | $11,160.63 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $9,777.83 | $9,777.83 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $193,522.08 | $193,522.08 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $9,437,055 | $9,456,315 | -0.2% |
| Assessed Value | $9,437,055 | $9,456,315 | -0.2% |
| Land Value | $1,026,000 | $1,026,000 | +0.0% |
| Improvement Value | $8,411,055 | $8,430,315 | -0.2% |
| Taxable Value | $9,437,055 | $9,456,315 | -0.2% |
| Total Tax 2026 = estimate |
~$193,128
Estimated
|
~$193,522
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $9,437,055 | $9,437,055 | +0 (+0.0%) |
| Taxable Value | $9,437,055 | $9,437,055 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $9,437,055 | $1,026,000 | $8,411,055 | — | $9,437,055 | $9,437,055 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $9,456,315 | $1,026,000 | $8,430,315 | — | $9,456,315 | $9,456,315 | ~$193,522 | Partial |
| 2024 | $11,961,233 | — | — | −$10,935,233 | $1,026,000 | $— | $187,360 | Verified |
| 2023 | $13,919,518 | — | — | −$12,893,518 | $1,026,000 | $— | $199,110 | Verified |
| 2022 | $11,740,000 | — | — | −$10,714,000 | $1,026,000 | $— | $248,266 | Verified |
| 2021 | $11,409,000 | — | — | −$10,383,000 | $1,026,000 | $— | $240,210 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -0.2% | -0.2% | ~100% | Not available | Partial |
| 2025 | -9.6% | -9.6% | ~100% | Not available | Partial |
| 2024 | -12.6% | -12.6% | ~100% | 1.7900% | Verified |
| 2023 | -14.1% | -14.1% | ~100% | 1.6600% | Verified |
| 2022 | +18.6% | +18.6% | ~100% | 1.7800% | Verified |
| 2021 | base year | — | ~100% | 2.1100% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -19.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -0.2% | -2.7% | -4.5% | +18.6% | 2023 | -20.9% | 2025 |
| Assessment Ratio | 100.0% | 38.9% | — | 100.0% | 2025 | 7.4% | 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 |
$193,522 | $213,694 | ~$160,690 | $248,266 | 2022 | $187,360 | 2024 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$9,022,783 | ~$9,022,783 | ~2.0139% | ~$181,713 | -4.6% |
| 2027 | ~$8,609,127 | ~$8,609,127 | ~1.9814% | ~$170,580 | -9.0% |
| 2028 | ~$8,214,435 | ~$8,214,435 | ~1.9488% | ~$160,086 | -13.1% |
| 2029 | ~$7,837,838 | ~$7,837,838 | ~1.9163% | ~$150,196 | -17.1% |
| 2030 | ~$7,478,506 | ~$7,478,506 | ~1.8837% | ~$140,876 | -20.9% |
| 2026 | ~$8,983,499 | ~$8,983,499 | ~2.0465% | ~$183,846 | -5.0% |
| 2027 | ~$8,534,324 | ~$8,534,324 | ~2.0465% | ~$174,654 | -9.8% |
| 2028 | ~$8,107,608 | ~$8,107,608 | ~2.0465% | ~$165,921 | -14.3% |
| 2029 | ~$7,702,228 | ~$7,702,228 | ~2.0465% | ~$157,625 | -18.5% |
| 2030 | ~$7,317,116 | ~$7,317,116 | ~2.0465% | ~$149,744 | -22.6% |
| 2026 | ~$9,211,909 | ~$9,211,909 | ~1.9977% | ~$184,023 | -2.6% |
| 2027 | ~$8,973,821 | ~$8,973,821 | ~1.9488% | ~$174,885 | -5.1% |
| 2028 | ~$8,741,886 | ~$8,741,886 | ~1.9000% | ~$166,097 | -7.6% |
| 2029 | ~$8,515,945 | ~$8,515,945 | ~1.8512% | ~$157,647 | -9.9% |
| 2030 | ~$8,295,844 | ~$8,295,844 | ~1.8024% | ~$149,522 | -12.3% |
In 2025, this property's market value of $9,456,315 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 7× 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 | $9,456,315 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $11,961,233 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $13,919,518 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $11,740,000 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $11,409,000 | $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.