LARICAL TRL TX 78724
| Owner | BARTON JOYCE & LOYCE GRAVES |
|---|---|
| Parcel ID | 0221430105 |
| Short ID | 219782 |
| Type | Real |
| Use Code | 61 Warehouse (<20,000 SF) |
| Valuation | Cost |
| Improvement SF | 3,136 SF |
| Land SF | 18,663 SF |
| Acres | 0.428 |
| Year Built | 1966 |
| Legal | LOT 16 SMITH H R ADDN |
| Neighborhood | 61FEA |
| Land | $18,663 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $18,663 |
| Improvement | $76,786 |
|---|---|
| Total Improvement | $76,786 |
| Market | $95,449 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $95,449 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $95,449 |
| Taxable Value | $95,449 |
|---|
Appreciation: Market value has risen +37.0% from $69,686 (2021) to $95,449 (2025), a CAGR of 8.2% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2025→2026), 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 1.7787% in 2025 (+0.0436% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $1,698. Manor ISD is the largest single contributor, at 60.8% 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 20% of market value ($18,663 land vs $76,786 improvements), about $1/SF of land. Most value sits in the improvements, so building condition, age (~60 yrs), and rent roll drive the underwriting.
Submarket Position: At $95,449, this parcel sits in the bottom quartile (<25th 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 +8.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $141,434 by 2030, with an estimated annual tax burden around $2,078. 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.
1 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 3,136 SF | ✓ |
Market value changed by 119% in 2026, 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 |
|---|---|---|---|---|---|---|---|---|---|
| IMA Manor ISD | 1.3520% | 1.3520% | 1.0861% | 1.0814% | 1.0814% | +0.0000% | $1,032.19 | $1,032.19 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $358.74 | $358.74 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $112.65 | $112.65 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $98.69 | $98.69 | Paid |
| E12 Travis County ESD # 12 | 0.1000% | 0.1000% | 0.0982% | 0.1000% | 0.1000% | +0.0000% | $95.45 | $95.45 | Paid |
| Combined Rate | 2.0260% | 1.9676% | 1.6882% | 1.7351% | 1.7787% | +0.0436% | $1,697.72 | $1,697.72 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $209,318 | $95,449 | +119.3% |
| Assessed Value | $114,539 | $95,449 | +20.0% |
| Land Value | $18,663 | $18,663 | +0.0% |
| Improvement Value | $190,655 | $76,786 | +148.3% |
| Taxable Value | $114,539 | $95,449 | +20.0% |
| HS Cap Loss | -$94,779 | — | |
| Total Tax 2026 = estimate |
~$2,037
Estimated
|
~$1,698
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $209,318 | $209,318 | +0 (+0.0%) |
| Taxable Value | $114,539 | $114,539 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $209,318 | $18,663 | $190,655 | −$94,779 | $114,539 | $114,539 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $95,449 | $18,663 | $76,786 | — | $95,449 | $95,449 | ~$1,698 | Partial |
| 2024 | $103,194 | — | — | −$84,531 | $18,663 | $— | $1,628 | Verified |
| 2023 | $70,053 | — | — | −$56,056 | $13,997 | $— | $1,742 | Verified |
| 2022 | $70,053 | — | — | −$56,056 | $13,997 | $— | $1,378 | Verified |
| 2021 | $69,686 | — | — | −$55,689 | $13,997 | $— | $1,419 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +119.3% ! | +20.0% | 54.7% | Not available | Partial |
| 2025 | +1.7% | +1.7% | ~100% | Not available | Partial |
| 2024 | -9.1% | -9.1% | ~100% | 1.7400% | Verified |
| 2023 | +47.3% | +47.3% | ~100% | 1.6900% | Verified |
| 2022 | +0.0% | +0.0% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.0400% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +36.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +119.3% | +31.9% | -3.6% | +119.3% | 2026 | -7.5% | 2025 |
| Assessment Ratio | 54.7% | 38.8% | — | 100.0% | 2025 | 18.1% | 2024 |
| Effective Tax Rate (2025) | 1.7800% | 1.7800% | — | 1.7800% | 2025 | 1.7800% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$1,698 | $1,573 | ~$1,925 | $1,742 | 2023 | $1,378 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$103,259 | ~$103,259 | ~1.7168% | ~$1,773 | +8.2% |
| 2027 | ~$111,708 | ~$111,708 | ~1.6550% | ~$1,849 | +17.0% |
| 2028 | ~$120,848 | ~$120,848 | ~1.5932% | ~$1,925 | +26.6% |
| 2029 | ~$130,737 | ~$130,737 | ~1.5314% | ~$2,002 | +37.0% |
| 2030 | ~$141,434 | ~$141,434 | ~1.4695% | ~$2,078 | +48.2% |
| 2026 | ~$101,350 | ~$101,350 | ~1.7787% | ~$1,803 | +6.2% |
| 2027 | ~$107,616 | ~$107,616 | ~1.7787% | ~$1,914 | +12.7% |
| 2028 | ~$114,269 | ~$114,269 | ~1.7787% | ~$2,032 | +19.7% |
| 2029 | ~$121,334 | ~$121,334 | ~1.7787% | ~$2,158 | +27.1% |
| 2030 | ~$128,835 | ~$128,835 | ~1.7787% | ~$2,292 | +35.0% |
| 2026 | ~$105,168 | ~$104,994 | ~1.6859% | ~$1,770 | +10.2% |
| 2027 | ~$115,877 | ~$115,493 | ~1.5932% | ~$1,840 | +21.4% |
| 2028 | ~$127,676 | ~$127,043 | ~1.5004% | ~$1,906 | +33.8% |
| 2029 | ~$140,676 | ~$139,747 | ~1.4077% | ~$1,967 | +47.4% |
| 2030 | ~$155,000 | ~$153,722 | ~1.3150% | ~$2,021 | +62.4% |
In 2025, this property's market value of $95,449 places it in the bottom 25% for Commercial properties in Travis County (13608 comparable) — -93% below 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 | $95,449 | $649,268 | $1,417,484 | $3,347,260 | ↓ Bottom 25% | -0.8% |
| 2024 | $103,194 | $661,016 | $1,438,465 | $3,471,171 | ↓ Bottom 25% | +0.0% |
| 2023 | $70,053 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $70,053 | $553,066 | $1,215,730 | $2,939,150 | ↓ Bottom 25% | +3.3% |
| 2021 | $69,686 | $517,750 | $1,142,600 | $2,780,453 | ↓ Bottom 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.