1201 BARBARA JORDAN BLVD TX 78723
| Owner | WRI MUELLER LLC |
|---|---|
| Parcel ID | 0221130405 |
| Short ID | 787734 |
| Type | Real |
| Use Code | 41 Community Shopping Center |
| Valuation | Income |
| Improvement SF | 233,267 SF |
| Land SF | 928,275 SF |
| Acres | 21.310 |
| Year Built | 2006 |
| Legal | LOT 1A BLK E MUELLER RETAIL PHS A |
| Neighborhood | 41CEN |
| Land | $55,232,363 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $55,232,363 |
| Improvement | $14,942,637 |
|---|---|
| Total Improvement | $14,942,637 |
| Market | $70,175,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $70,175,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $70,175,000 |
| Taxable Value | $70,175,000 |
|---|
Appreciation: Market value has fallen -2.0% from $71,641,013 (2021) to $70,175,000 (2025), a CAGR of -0.5% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2021→2022), 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 $1,436,121. 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 79% of market value ($55,232,363 land vs $14,942,637 improvements), about $60/SF of land. With value concentrated in the land, this reads as a land-dominated asset — the classic higher-and-best-use / redevelopment signal. Underwrite the dirt, not the building.
Submarket Position: At $70,175,000, 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 -0.5% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $68,384,598 by 2030, with an estimated annual tax burden around $1,288,190. 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 | 519,839 SF | ✗ |
| 1ST | 1st Floor | 233,267 SF | ✓ |
| SO | Sketch Only | 233,267 SF | ✗ |
| 482 | LIGHT POLES | 10 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% | $649,259.10 | $649,259.10 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $367,728.93 | $367,728.93 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $263,749.23 | $263,749.23 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $82,822.64 | $82,822.64 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $72,560.95 | $72,560.95 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $1,436,120.85 | $1,436,120.85 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $68,554,145 | $70,175,000 | -2.3% |
| Assessed Value | $68,554,145 | $70,175,000 | -2.3% |
| Land Value | $55,232,363 | $55,232,363 | +0.0% |
| Improvement Value | $13,321,782 | $14,942,637 | -10.8% |
| Taxable Value | $68,554,145 | $70,175,000 | -2.3% |
| Total Tax 2026 = estimate |
~$1,402,950
Estimated
|
~$1,436,121
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $75,501,525 | $68,554,145 | -6,947,380 (-9.2%) |
| Taxable Value | $75,501,525 | $68,554,145 | -6,947,380 (-9.2%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $68,554,145 | $55,232,363 | $13,321,782 | — | $68,554,145 | $68,554,145 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $70,175,000 | $55,232,363 | $14,942,637 | — | $70,175,000 | $70,175,000 | ~$1,436,121 | Partial |
| 2024 | $71,223,285 | — | — | −$15,990,922 | $55,232,363 | $— | $1,416,066 | Verified |
| 2023 | $70,700,000 | — | — | −$42,851,750 | $27,848,250 | $— | $1,293,118 | Verified |
| 2022 | $68,774,000 | — | — | −$40,925,750 | $27,848,250 | $— | $1,398,541 | Verified |
| 2021 | $71,641,013 | — | — | −$43,792,763 | $27,848,250 | $— | $1,341,810 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +7.6% | +7.6% | ~100% | Not available | Partial |
| 2025 | -1.8% | -1.8% | ~100% | Not available | Partial |
| 2024 | -5.7% | -5.7% | ~100% | 1.9800% | Verified |
| 2023 | +3.8% | +3.8% | ~100% | 1.7100% | Verified |
| 2022 | +6.1% | +6.1% | ~100% | 1.9200% | Verified |
| 2021 | base year | — | ~100% | 1.8700% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +2.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -2.3% | -0.9% | +-0.0% | +2.8% | 2023 | -4.0% | 2022 |
| Assessment Ratio | 100.0% | 66.0% | — | 100.0% | 2025 | 38.9% | 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 |
$1,436,121 | $1,377,131 | ~$1,346,823 | $1,436,121 | 2025 | $1,293,118 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$69,813,208 | ~$69,813,208 | ~2.0139% | ~$1,405,994 | -0.5% |
| 2027 | ~$69,453,282 | ~$69,453,282 | ~1.9814% | ~$1,376,139 | -1.0% |
| 2028 | ~$69,095,211 | ~$69,095,211 | ~1.9488% | ~$1,346,555 | -1.5% |
| 2029 | ~$68,738,986 | ~$68,738,986 | ~1.9163% | ~$1,317,239 | -2.0% |
| 2030 | ~$68,384,598 | ~$68,384,598 | ~1.8837% | ~$1,288,190 | -2.6% |
| 2026 | ~$68,409,708 | ~$68,409,708 | ~2.0465% | ~$1,399,994 | -2.5% |
| 2027 | ~$66,688,824 | ~$66,688,824 | ~2.0465% | ~$1,364,777 | -5.0% |
| 2028 | ~$65,011,229 | ~$65,011,229 | ~2.0465% | ~$1,330,445 | -7.4% |
| 2029 | ~$63,375,835 | ~$63,375,835 | ~2.0465% | ~$1,296,977 | -9.7% |
| 2030 | ~$61,781,580 | ~$61,781,580 | ~2.0465% | ~$1,264,351 | -12.0% |
| 2026 | ~$71,216,708 | ~$71,216,708 | ~1.9977% | ~$1,422,669 | +1.5% |
| 2027 | ~$72,273,880 | ~$72,273,880 | ~1.9488% | ~$1,408,502 | +3.0% |
| 2028 | ~$73,346,745 | ~$73,346,745 | ~1.9000% | ~$1,393,600 | +4.5% |
| 2029 | ~$74,435,537 | ~$74,435,537 | ~1.8512% | ~$1,377,946 | +6.1% |
| 2030 | ~$75,540,490 | ~$75,540,490 | ~1.8024% | ~$1,361,520 | +7.6% |
In 2025, this property's market value of $70,175,000 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 50× 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 | $70,175,000 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $71,223,285 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $70,700,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $68,774,000 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $71,641,013 | $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.