5201 AIRPORT BLVD TX 78751
| Owner | T SQUARE HOLDINGS LLC |
|---|---|
| Parcel ID | 0222111607 |
| Short ID | 220265 |
| Type | Real |
| Use Code | 32 Restaurant |
| Valuation | Income |
| Improvement SF | 2,298 SF |
| Land SF | 22,970 SF |
| Acres | 0.527 |
| Year Built | 1973 |
| Legal | LOT 1 GOLDEN E H SUBD |
| Neighborhood | 32CEN |
| Land | $1,607,900 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,607,900 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $1,361,449 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,361,449 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,361,449 |
| Taxable Value | $1,361,449 |
|---|
Appreciation: Market value has risen +23.0% from $1,107,131 (2021) to $1,361,449 (2025), a CAGR of 5.3% over 4 years. This represents moderate, steady growth. Most of this growth came in a single year (2023→2024), 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 $27,862. 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 118% of market value ($1,607,900 land vs $0 improvements), about $70/SF of land. With value concentrated in the land under a ~53-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 $1,361,449, this parcel sits in the lower-middle (25th–50th 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 +5.3% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,763,008 by 2030, with an estimated annual tax burden around $33,211. 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.
5 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 18,000 SF | ✗ |
| 1ST | 1st Floor | 2,298 SF | ✓ |
| 501 | CANOPY | 1,250 SF | ✗ |
| 327 | STORAGE COMM'L | 136 SF | ✓ |
| 482 | LIGHT POLES | 4 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% | $12,596.13 | $12,596.13 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $7,134.22 | $7,134.22 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $5,116.94 | $5,116.94 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,606.82 | $1,606.82 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,407.74 | $1,407.74 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $27,861.85 | $27,861.85 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,361,449 | $1,361,449 | +0.0% |
| Assessed Value | $1,361,449 | $1,361,449 | +0.0% |
| Land Value | $1,607,900 | $1,607,900 | +0.0% |
| Improvement Value | — | — | — |
| Taxable Value | $1,361,449 | $1,361,449 | +0.0% |
| Total Tax 2026 = estimate |
~$27,862
Estimated
|
~$27,862
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,672,634 | $1,361,449 | -311,185 (-18.6%) |
| Taxable Value | $1,633,739 | $1,361,449 | -272,290 (-16.7%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,361,449 | $1,607,900 | — | — | $1,361,449 | $1,361,449 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,361,449 | $1,607,900 | — | — | $1,361,449 | $1,361,449 | ~$27,862 | Partial |
| 2024 | $1,300,000 | — | — | — | $1,361,449 ! | $— | $26,981 | Verified |
| 2023 | $852,468 | — | — | — | $1,607,900 ! | $— | $23,520 | Verified |
| 2022 | $981,737 | — | — | −$292,637 | $689,100 | $— | $16,836 | Verified |
| 2021 | $1,107,131 | — | — | −$418,031 | $689,100 | $— | $21,369 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +22.9% | +20.0% | 97.7% | Not available | Partial |
| 2025 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2024 | -21.4% | -21.4% | ~100% | 1.9800% | Verified |
| 2023 | +72.4% | +72.4% | ~100% | 1.3600% | Verified |
| 2022 | +2.4% | +2.4% | ~100% | 1.6800% | Verified |
| 2021 | base year | — | ~100% | 1.9300% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +38.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +6.5% | +5.3% | +52.5% | 2024 | -13.2% | 2023 |
| Assessment Ratio | 100.0% | 104.3% | — | 188.6% | 2023 | 62.2% | 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 |
$27,862 | $23,314 | ~$31,013 | $27,862 | 2025 | $16,836 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,433,679 | ~$1,433,679 | ~2.0139% | ~$28,873 | +5.3% |
| 2027 | ~$1,509,741 | ~$1,509,741 | ~1.9814% | ~$29,914 | +10.9% |
| 2028 | ~$1,589,839 | ~$1,589,839 | ~1.9488% | ~$30,983 | +16.8% |
| 2029 | ~$1,674,186 | ~$1,674,186 | ~1.9163% | ~$32,082 | +23.0% |
| 2030 | ~$1,763,008 | ~$1,763,008 | ~1.8837% | ~$33,211 | +29.5% |
| 2026 | ~$1,406,450 | ~$1,406,450 | ~2.0465% | ~$28,783 | +3.3% |
| 2027 | ~$1,452,939 | ~$1,452,939 | ~2.0465% | ~$29,734 | +6.7% |
| 2028 | ~$1,500,964 | ~$1,500,964 | ~2.0465% | ~$30,717 | +10.2% |
| 2029 | ~$1,550,577 | ~$1,550,577 | ~2.0465% | ~$31,732 | +13.9% |
| 2030 | ~$1,601,829 | ~$1,601,829 | ~2.0465% | ~$32,781 | +17.7% |
| 2026 | ~$1,460,908 | ~$1,460,908 | ~1.9977% | ~$29,184 | +7.3% |
| 2027 | ~$1,567,633 | ~$1,567,633 | ~1.9488% | ~$30,551 | +15.1% |
| 2028 | ~$1,682,155 | ~$1,682,155 | ~1.9000% | ~$31,961 | +23.6% |
| 2029 | ~$1,805,043 | ~$1,805,043 | ~1.8512% | ~$33,415 | +32.6% |
| 2030 | ~$1,936,908 | ~$1,936,908 | ~1.8024% | ~$34,910 | +42.3% |
In 2025, this property's market value of $1,361,449 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -4% 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 | $1,361,449 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $1,300,000 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $852,468 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $981,737 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $1,107,131 | $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.