5410 AIRPORT BLVD TX 78751
| Owner | CROCKETT PARTNERS LTD |
|---|---|
| Parcel ID | 0223120107 |
| Short ID | 221779 |
| Type | Real |
| Use Code | 10 Manufactured Commercial Bldg |
| Valuation | Cost |
| Improvement SF | 336 SF |
| Land SF | 15,604 SF |
| Acres | 0.358 |
| Year Built | 1980 |
| Legal | 166X94FT AV BLK 1 HILL LOU H MRS SUBD |
| Neighborhood | 1NC1 |
| Land | $1,092,280 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,092,280 |
| Improvement | $53,445 |
|---|---|
| Total Improvement | $53,445 |
| Market | $1,145,725 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,145,725 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,145,725 |
| Taxable Value | $1,145,725 |
|---|
Appreciation: Market value has risen +123.6% from $512,300 (2021) to $1,145,725 (2025), a CAGR of 22.3% over 4 years. This is strong appreciation — well above typical inflation. 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 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 $23,447. 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 cost approach, tied more to replacement cost and physical condition than to income performance.
Value Composition: Land carries 95% of market value ($1,092,280 land vs $53,445 improvements), about $70/SF of land. With value concentrated in the land under a ~46-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 $1,145,725, 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 +22.3% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $3,133,469 by 2030, with an estimated annual tax burden around $34,759. 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 | 15,000 SF | ✗ |
| 1ST | 1st Floor | 336 SF | ✓ |
| 541 | FENCE COMM LF | 150 SF | ✗ |
| 501 | CANOPY | 48 SF | ✗ |
Market value changed by 123% 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% | $10,600.25 | $10,600.25 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $6,003.79 | $6,003.79 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $4,306.15 | $4,306.15 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,352.22 | $1,352.22 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,184.68 | $1,184.68 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $23,447.09 | $23,447.09 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,145,725 | $1,145,725 | +0.0% |
| Assessed Value | $1,145,725 | $1,145,725 | +0.0% |
| Land Value | $1,092,280 | $1,092,280 | +0.0% |
| Improvement Value | $53,445 | $53,445 | +0.0% |
| Taxable Value | $1,145,725 | $1,145,725 | +0.0% |
| Total Tax 2026 = estimate |
~$23,447
Estimated
|
~$23,447
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,145,725 | $1,145,725 | +0 (+0.0%) |
| Taxable Value | $1,145,725 | $1,145,725 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,145,725 | $1,092,280 | $53,445 | — | $1,145,725 | $1,145,725 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,145,725 | $1,092,280 | $53,445 | — | $1,145,725 | $1,145,725 | ~$23,447 | Partial |
| 2024 | $1,145,725 | — | — | −$53,445 | $1,092,280 | $— | $22,706 | Verified |
| 2023 | $512,762 | — | — | — | $1,092,280 ! | $— | $20,729 | Verified |
| 2022 | $512,300 | — | — | −$44,180 | $468,120 | $— | $10,127 | Verified |
| 2021 | $512,300 | — | — | −$44,180 | $468,120 | $— | $11,151 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2025 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2024 | +0.0% | +0.0% | ~100% | 1.9800% | Verified |
| 2023 | +123.4% ! | +123.4% | ~100% | 1.8100% | Verified |
| 2022 | +0.1% | +0.1% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +123.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +24.7% | +22.3% | +123.4% | 2024 | +0.0% | 2022 |
| Assessment Ratio | 100.0% | 115.2% | — | 213.0% | 2023 | 91.4% | 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 |
$23,447 | $17,632 | ~$29,895 | $23,447 | 2025 | $10,127 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,401,101 | ~$1,260,298 | ~2.0139% | ~$25,382 | +22.3% |
| 2027 | ~$1,713,399 | ~$1,386,327 | ~1.9814% | ~$27,469 | +49.5% |
| 2028 | ~$2,095,306 | ~$1,524,960 | ~1.9488% | ~$29,719 | +82.9% |
| 2029 | ~$2,562,338 | ~$1,677,456 | ~1.9163% | ~$32,145 | +123.6% |
| 2030 | ~$3,133,469 | ~$1,845,202 | ~1.8837% | ~$34,759 | +173.5% |
| 2026 | ~$1,378,186 | ~$1,260,298 | ~2.0465% | ~$25,792 | +20.3% |
| 2027 | ~$1,657,813 | ~$1,386,327 | ~2.0465% | ~$28,371 | +44.7% |
| 2028 | ~$1,994,174 | ~$1,524,960 | ~2.0465% | ~$31,208 | +74.1% |
| 2029 | ~$2,398,781 | ~$1,677,456 | ~2.0465% | ~$34,329 | +109.4% |
| 2030 | ~$2,885,481 | ~$1,845,202 | ~2.0465% | ~$37,762 | +151.8% |
| 2026 | ~$1,424,015 | ~$1,260,298 | ~1.9977% | ~$25,176 | +24.3% |
| 2027 | ~$1,769,901 | ~$1,386,327 | ~1.9488% | ~$27,017 | +54.5% |
| 2028 | ~$2,199,800 | ~$1,524,960 | ~1.9000% | ~$28,974 | +92.0% |
| 2029 | ~$2,734,120 | ~$1,677,456 | ~1.8512% | ~$31,053 | +138.6% |
| 2030 | ~$3,398,222 | ~$1,845,202 | ~1.8024% | ~$33,257 | +196.6% |
In 2025, this property's market value of $1,145,725 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -19% 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 | $1,145,725 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $1,145,725 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $512,762 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $512,300 | $553,066 | $1,215,730 | $2,939,150 | ↓ Bottom 25% | +3.3% |
| 2021 | $512,300 | $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.