4909 AIRPORT BLVD TX 78751
| Owner | PATEL GOPALBHAI R |
|---|---|
| Parcel ID | 0222111815 |
| Short ID | 220286 |
| Type | Real |
| Use Code | 20 Small Store (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 1,480 SF |
| Land SF | 13,318 SF |
| Acres | 0.306 |
| Year Built | 1955 |
| Legal | LOT 1 RESUB OF LT A NORTH HARMON TERRACE |
| Neighborhood | 20CEN |
| Land | $932,260 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $932,260 |
| Improvement | $16,638 |
|---|---|
| Total Improvement | $16,638 |
| Market | $948,898 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $948,898 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $948,898 |
| Taxable Value | $948,898 |
|---|
Appreciation: Market value has risen +44.2% from $658,140 (2021) to $948,898 (2025), a CAGR of 9.6% 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 $19,419. 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 98% of market value ($932,260 land vs $16,638 improvements), about $70/SF of land. With value concentrated in the land under a ~71-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 $948,898, 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 +9.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,499,153 by 2030, with an estimated annual tax burden around $28,240. 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 | 1,600 SF | ✗ |
| 1ST | 1st Floor | 1,480 SF | ✓ |
| 501 | CANOPY | 412 SF | ✗ |
| 327 | STORAGE COMM'L | 363 SF | ✓ |
| 611 | TERRACE | 148 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% | $8,779.20 | $8,779.20 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $4,972.39 | $4,972.39 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,566.39 | $3,566.39 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,119.92 | $1,119.92 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $981.16 | $981.16 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $19,419.06 | $19,419.06 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $950,319 | $948,898 | +0.1% |
| Assessed Value | $950,319 | $948,898 | +0.1% |
| Land Value | $932,260 | $932,260 | +0.0% |
| Improvement Value | $18,059 | $16,638 | +8.5% |
| Taxable Value | $950,319 | $948,898 | +0.1% |
| Total Tax 2026 = estimate |
~$19,448
Estimated
|
~$19,419
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $950,319 | $950,319 | +0 (+0.0%) |
| Taxable Value | $950,319 | $950,319 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $950,319 | $932,260 | $18,059 | — | $950,319 | $950,319 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $948,898 | $932,260 | $16,638 | — | $948,898 | $948,898 | ~$19,419 | Partial |
| 2024 | $825,000 | — | — | — | $932,260 ! | $— | $19,025 | Verified |
| 2023 | $678,849 | — | — | — | $825,000 ! | $— | $14,926 | Verified |
| 2022 | $604,850 | — | — | −$72,130 | $532,720 | $— | $13,407 | Verified |
| 2021 | $658,140 | — | — | −$125,420 | $532,720 | $— | $13,166 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.1% | +0.1% | ~100% | Not available | Partial |
| 2025 | -1.2% | -1.2% | ~100% | Not available | Partial |
| 2024 | +16.4% | +16.4% | ~100% | 1.9800% | Verified |
| 2023 | +21.5% | +21.5% | ~100% | 1.8100% | Verified |
| 2022 | +12.2% | +12.2% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.0000% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +56.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.1% | +8.1% | +9.5% | +21.5% | 2024 | -8.1% | 2022 |
| Assessment Ratio | 100.0% | 100.6% | — | 121.5% | 2023 | 80.9% | 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 |
$19,419 | $15,989 | ~$24,461 | $19,419 | 2025 | $13,166 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,039,788 | ~$1,039,788 | ~2.0139% | ~$20,941 | +9.6% |
| 2027 | ~$1,139,384 | ~$1,139,384 | ~1.9814% | ~$22,576 | +20.1% |
| 2028 | ~$1,248,520 | ~$1,248,520 | ~1.9488% | ~$24,332 | +31.6% |
| 2029 | ~$1,368,109 | ~$1,368,109 | ~1.9163% | ~$26,217 | +44.2% |
| 2030 | ~$1,499,153 | ~$1,499,153 | ~1.8837% | ~$28,240 | +58.0% |
| 2026 | ~$1,020,810 | ~$1,020,810 | ~2.0465% | ~$20,891 | +7.6% |
| 2027 | ~$1,098,172 | ~$1,098,172 | ~2.0465% | ~$22,474 | +15.7% |
| 2028 | ~$1,181,397 | ~$1,181,397 | ~2.0465% | ~$24,177 | +24.5% |
| 2029 | ~$1,270,929 | ~$1,270,929 | ~2.0465% | ~$26,009 | +33.9% |
| 2030 | ~$1,367,246 | ~$1,367,246 | ~2.0465% | ~$27,980 | +44.1% |
| 2026 | ~$1,058,766 | ~$1,043,788 | ~1.9977% | ~$20,851 | +11.6% |
| 2027 | ~$1,181,355 | ~$1,148,167 | ~1.9488% | ~$22,376 | +24.5% |
| 2028 | ~$1,318,138 | ~$1,262,983 | ~1.9000% | ~$23,997 | +38.9% |
| 2029 | ~$1,470,759 | ~$1,389,282 | ~1.8512% | ~$25,718 | +55.0% |
| 2030 | ~$1,641,050 | ~$1,528,210 | ~1.8024% | ~$27,544 | +72.9% |
In 2025, this property's market value of $948,898 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -33% 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 | $948,898 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $825,000 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $678,849 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $604,850 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $658,140 | $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.