5121 CAMERON RD TX 78723
| Owner | 51ST CENTER LLC |
|---|---|
| Parcel ID | 0221130248 |
| Short ID | 218532 |
| Type | Real |
| Use Code | 53 Office Small (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 4,420 SF |
| Land SF | 25,043 SF |
| Acres | 0.575 |
| Year Built | 1957 |
| Legal | 25043 SQ FT OF LOT 1 RIDGETOP GARDENS |
| Neighborhood | 53NEA |
| Land | $1,262,167 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,262,167 |
| Improvement | $165,768 |
|---|---|
| Total Improvement | $165,768 |
| Market | $1,427,935 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,427,935 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,427,935 |
| Taxable Value | $1,427,935 |
|---|
Appreciation: Market value has risen +60.9% from $887,219 (2021) to $1,427,935 (2025), a CAGR of 12.6% over 4 years. This is strong appreciation — well above typical inflation. Growth has been fairly evenly spread across these years rather than concentrated in one jump. 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 $29,222. 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 88% of market value ($1,262,167 land vs $165,768 improvements), about $50/SF of land. With value concentrated in the land under a ~69-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 $1,427,935, 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 +12.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,588,543 by 2030, with an estimated annual tax burden around $43,321. 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.
4 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 5,448 SF | ✗ |
| 1ST | 1st Floor | 4,420 SF | ✓ |
| 501 | CANOPY | 976 SF | ✗ |
| 611 | TERRACE | 696 SF | ✗ |
Market value changed by 81% 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% | $13,211.25 | $13,211.25 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $7,482.62 | $7,482.62 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $5,366.82 | $5,366.82 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,685.29 | $1,685.29 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,476.48 | $1,476.48 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $29,222.46 | $29,222.46 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,427,935 | $1,427,935 | +0.0% |
| Assessed Value | $1,427,935 | $1,427,935 | +0.0% |
| Land Value | $1,262,167 | $1,262,167 | +0.0% |
| Improvement Value | $165,768 | $165,768 | +0.0% |
| Taxable Value | $1,427,935 | $1,427,935 | +0.0% |
| Total Tax 2026 = estimate |
~$29,222
Estimated
|
~$29,222
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,516,207 | $1,427,935 | -88,272 (-5.8%) |
| Taxable Value | $1,516,207 | $1,427,935 | -88,272 (-5.8%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,427,935 | $1,262,167 | $165,768 | — | $1,427,935 | $1,427,935 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,427,935 | $1,262,167 | $165,768 | — | $1,427,935 | $1,427,935 | ~$29,222 | Partial |
| 2024 | $1,262,667 | — | — | −$500 | $1,262,167 | $— | $23,570 | Verified |
| 2023 | $989,305 | — | — | — | $1,262,167 ! | $— | $17,949 | Verified |
| 2022 | $750,000 | — | — | −$118,916 | $631,084 | $— | $15,330 | Verified |
| 2021 | $887,219 | — | — | −$256,135 | $631,084 | $— | $16,325 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +6.2% | +6.2% | ~100% | Not available | Partial |
| 2025 | -18.9% | -5.8% | ~100% | Not available | Partial |
| 2024 | -1.9% | -15.5% | 86.1% | 1.3400% | Verified |
| 2023 | +81.3% ! | +81.3% | ~100% | 1.0000% | Verified |
| 2022 | +8.9% | +8.9% | ~100% | 1.5500% | Verified |
| 2021 | base year | — | ~100% | 1.8400% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +57.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +11.4% | +12.6% | +31.9% | 2023 | -15.5% | 2022 |
| Assessment Ratio | 100.0% | 97.1% | — | 127.6% | 2023 | 71.1% | 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 |
$29,222 | $20,479 | ~$37,258 | $29,222 | 2025 | $15,330 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,608,340 | ~$1,570,729 | ~2.0139% | ~$31,633 | +12.6% |
| 2027 | ~$1,811,537 | ~$1,727,801 | ~1.9814% | ~$34,234 | +26.9% |
| 2028 | ~$2,040,406 | ~$1,900,581 | ~1.9488% | ~$37,039 | +42.9% |
| 2029 | ~$2,298,191 | ~$2,090,640 | ~1.9163% | ~$40,063 | +60.9% |
| 2030 | ~$2,588,543 | ~$2,299,704 | ~1.8837% | ~$43,321 | +81.3% |
| 2026 | ~$1,579,781 | ~$1,570,729 | ~2.0465% | ~$32,145 | +10.6% |
| 2027 | ~$1,747,775 | ~$1,727,801 | ~2.0465% | ~$35,359 | +22.4% |
| 2028 | ~$1,933,633 | ~$1,900,581 | ~2.0465% | ~$38,895 | +35.4% |
| 2029 | ~$2,139,255 | ~$2,090,640 | ~2.0465% | ~$42,785 | +49.8% |
| 2030 | ~$2,366,742 | ~$2,299,704 | ~2.0465% | ~$47,063 | +65.7% |
| 2026 | ~$1,636,899 | ~$1,570,729 | ~1.9977% | ~$31,378 | +14.6% |
| 2027 | ~$1,876,442 | ~$1,727,801 | ~1.9488% | ~$33,672 | +31.4% |
| 2028 | ~$2,151,040 | ~$1,900,581 | ~1.9000% | ~$36,111 | +50.6% |
| 2029 | ~$2,465,822 | ~$2,090,640 | ~1.8512% | ~$38,702 | +72.7% |
| 2030 | ~$2,826,670 | ~$2,299,704 | ~1.8024% | ~$41,449 | +98.0% |
In 2025, this property's market value of $1,427,935 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +1% 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 | $1,427,935 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $1,262,667 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $989,305 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $750,000 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $887,219 | $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.