5555 AIRPORT BLVD TX 78751
| Owner | TRAVIS COUNTY |
|---|---|
| Parcel ID | 0223121311 |
| Short ID | 221927 |
| Type | Real |
| Use Code | 46 Discount Store (>25,000 SF) |
| Valuation | Income |
| Improvement SF | 57,994 SF |
| Land SF | 130,582 SF |
| Acres | 2.998 |
| Year Built | 1972 |
| Legal | LOT 2 HAVERTY ADDN LOT 1-2 RESUB NO 2 OF BLK1-2 HILL LOU H MRS SUBD |
| Neighborhood | 00EXE |
| Land | $8,683,703 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $8,683,703 |
| Improvement | $4,469,730 |
|---|---|
| Total Improvement | $4,469,730 |
| Market | $13,153,433 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $13,153,433 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $13,153,433 |
| Taxable Value | $13,153,433 |
|---|
Appreciation: Market value has risen +104.9% from $6,418,009 (2021) to $13,153,433 (2025), a CAGR of 19.6% 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.
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 66% of market value ($8,683,703 land vs $4,469,730 improvements), about $66/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $13,153,433, 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 +19.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $32,254,299 by 2030, with an estimated annual tax burden around $0. 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.
8 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 491 | SPRINKLER HEADS | 58,859 SF | ✗ |
| 1ST | 1st Floor | 57,994 SF | ✓ |
| 551 | PAVED AREA | 42,958 SF | ✗ |
| 501 | CANOPY | 4,813 SF | ✗ |
| 611 | TERRACE | 4,758 SF | ✗ |
| 407 | LOADING DOCK | 968 SF | ✓ |
| 541 | FENCE COMM LF | 395 SF | ✗ |
| 482 | LIGHT POLES | 2 SF | ✓ |
Market value changed by 105% in 2023, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $13,418,653 | $13,153,433 | +2.0% |
| Assessed Value | $13,418,653 | $13,153,433 | +2.0% |
| Land Value | $8,683,703 | $8,683,703 | +0.0% |
| Improvement Value | $4,734,950 | $4,469,730 | +5.9% |
| Taxable Value | — | — | — |
| Exemptions | — | E | |
| Total Tax | Pending certification | — | |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $13,418,653 | $13,418,653 | +0 (+0.0%) |
| Taxable Value | — | — | — |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $13,418,653 | $8,683,703 | $4,734,950 | — | $13,418,653 | $— | Not yet — post-cert | Certified — no billing yet |
| 2025 | $13,153,433 | $8,683,703 | $4,469,730 | — | $13,153,433 | $— | not in county billing file ⓘ | Partial |
| 2024 | $13,191,446 | — | — | — | — | $— | not in county billing file ⓘ | Partial |
| 2023 | $6,442,953 | — | — | — | — | $— | not in county billing file ⓘ | Partial |
| 2022 | $6,442,723 | — | — | — | — | $— | not in county billing file ⓘ | Partial |
| 2021 | $6,418,009 | — | — | −$3,316,686 | $3,101,323 | $— | $6,752 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +2.0% | +2.0% | ~100% | Not available | Partial |
| 2025 | +0.3% | +0.3% | ~100% | Not available | Partial |
| 2024 | -0.6% | -0.6% | ~100% | No billing data | Verified |
| 2023 | +104.7% ! | +104.7% | ~100% | No billing data | Verified |
| 2022 | +0.0% | +0.0% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | 0.1100% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +104.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +2.0% | +21.4% | +19.2% | +104.7% | 2024 | -0.3% | 2025 |
| Assessment Ratio | 100.0% | 82.8% | — | 100.0% | 2025 | 48.3% | 2021 |
|
Effective Tax Rate (2025)
⚑ Billing data available for 2025 only |
— | — | — | — | — | — | — |
| Tax Amount | $6,752 | $6,752 | — | $6,752 | 2021 | $6,752 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$15,737,974 | ~$14,468,776 | ~0.0000% | ~$0 | +19.6% |
| 2027 | ~$18,830,355 | ~$15,915,654 | ~0.0000% | ~$0 | +43.2% |
| 2028 | ~$22,530,364 | ~$17,507,219 | ~0.0000% | ~$0 | +71.3% |
| 2029 | ~$26,957,394 | ~$19,257,941 | ~0.0000% | ~$0 | +104.9% |
| 2030 | ~$32,254,299 | ~$21,183,735 | ~0.0000% | ~$0 | +145.2% |
| 2026 | ~$15,474,905 | ~$14,468,776 | ~0.0000% | ~$0 | +17.6% |
| 2027 | ~$18,206,098 | ~$15,915,654 | ~0.0000% | ~$0 | +38.4% |
| 2028 | ~$21,419,323 | ~$17,507,219 | ~0.0000% | ~$0 | +62.8% |
| 2029 | ~$25,199,657 | ~$19,257,941 | ~0.0000% | ~$0 | +91.6% |
| 2030 | ~$29,647,187 | ~$21,183,735 | ~0.0000% | ~$0 | +125.4% |
| 2026 | ~$16,001,042 | ~$14,468,776 | ~0.0000% | ~$0 | +21.6% |
| 2027 | ~$19,465,136 | ~$15,915,654 | ~0.0000% | ~$0 | +48.0% |
| 2028 | ~$23,679,176 | ~$17,507,219 | ~0.0000% | ~$0 | +80.0% |
| 2029 | ~$28,805,522 | ~$19,257,941 | ~0.0000% | ~$0 | +119.0% |
| 2030 | ~$35,041,679 | ~$21,183,735 | ~0.0000% | ~$0 | +166.4% |
In 2025, this property's market value of $13,153,433 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 9× 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 | $13,153,433 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $13,191,446 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $6,442,953 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $6,442,723 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $6,418,009 | $517,750 | $1,142,600 | $2,780,453 | ↑ Top 25% | base yr |