1040 E 53 ST TX 78751
| Owner | 4352 S IH-35 LLC |
|---|---|
| Parcel ID | 0223130209 |
| Short ID | 221950 |
| Type | Real |
| Use Code | 63 Mini-Warehouse / Self-Storage |
| Valuation | Income |
| Improvement SF | 8,400 SF |
| Land SF | 27,408 SF |
| Acres | 0.629 |
| Year Built | 1961 |
| Legal | LOT 11-14 LESS E 29.9FT HASTER F SUBD |
| Neighborhood | 61EAS |
| Land | $616,679 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $616,679 |
| Improvement | $105,604 |
|---|---|
| Total Improvement | $105,604 |
| Market | $722,283 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $722,283 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $722,283 |
| Taxable Value | $722,283 |
|---|
Appreciation: Market value has fallen -0.4% from $725,000 (2021) to $722,283 (2025), a CAGR of -0.1% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2024→2025), 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 $14,781. 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 85% of market value ($616,679 land vs $105,604 improvements), about $22/SF of land. With value concentrated in the land under a ~65-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 $722,283, 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 -0.1% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $718,901 by 2030, with an estimated annual tax burden around $13,542. 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.
3 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 10,500 SF | ✗ |
| 1ST | 1st Floor | 8,400 SF | ✓ |
| 541 | FENCE COMM LF | 250 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% | $6,682.56 | $6,682.56 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $3,784.89 | $3,784.89 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,714.66 | $2,714.66 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $852.46 | $852.46 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $746.84 | $746.84 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $14,781.41 | $14,781.41 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $725,158 | $722,283 | +0.4% |
| Assessed Value | $725,158 | $722,283 | +0.4% |
| Land Value | $616,679 | $616,679 | +0.0% |
| Improvement Value | $108,479 | $105,604 | +2.7% |
| Taxable Value | $725,158 | $722,283 | +0.4% |
| Total Tax 2026 = estimate |
~$14,840
Estimated
|
~$14,781
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $838,538 | $725,158 | -113,380 (-13.5%) |
| Taxable Value | $838,538 | $725,158 | -113,380 (-13.5%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $725,158 | $616,679 | $108,479 | — | $725,158 | $725,158 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $722,283 | $616,679 | $105,604 | — | $722,283 | $722,283 | ~$14,781 | Partial |
| 2024 | $878,728 | — | — | −$262,049 | $616,679 | $— | $14,314 | Verified |
| 2023 | $781,458 | — | — | −$164,779 | $616,679 | $— | $15,898 | Verified |
| 2022 | $635,374 | — | — | −$18,695 | $616,679 | $— | $15,433 | Verified |
| 2021 | $725,000 | — | — | −$231,657 | $493,343 | $— | $13,830 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +16.1% | +16.1% | ~100% | Not available | Partial |
| 2025 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2024 | -17.8% | -17.8% | ~100% | 1.9800% | Verified |
| 2023 | -2.9% | -2.9% | ~100% | 1.8100% | Verified |
| 2022 | +42.4% | +42.4% | ~100% | 1.7100% | Verified |
| 2021 | base year | — | ~100% | 1.9100% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +13.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.4% | +1.1% | -0.2% | +23.0% | 2023 | -17.8% | 2025 |
| Assessment Ratio | 100.0% | 85.7% | — | 100.0% | 2025 | 68.0% | 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 |
$14,781 | $14,851 | ~$14,037 | $15,898 | 2023 | $13,830 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$721,605 | ~$721,605 | ~2.0139% | ~$14,533 | -0.1% |
| 2027 | ~$720,928 | ~$720,928 | ~1.9814% | ~$14,284 | -0.2% |
| 2028 | ~$720,252 | ~$720,252 | ~1.9488% | ~$14,037 | -0.3% |
| 2029 | ~$719,576 | ~$719,576 | ~1.9163% | ~$13,789 | -0.4% |
| 2030 | ~$718,901 | ~$718,901 | ~1.8837% | ~$13,542 | -0.5% |
| 2026 | ~$707,160 | ~$707,160 | ~2.0465% | ~$14,472 | -2.1% |
| 2027 | ~$692,353 | ~$692,353 | ~2.0465% | ~$14,169 | -4.1% |
| 2028 | ~$677,856 | ~$677,856 | ~2.0465% | ~$13,872 | -6.2% |
| 2029 | ~$663,663 | ~$663,663 | ~2.0465% | ~$13,582 | -8.1% |
| 2030 | ~$649,767 | ~$649,767 | ~2.0465% | ~$13,297 | -10.0% |
| 2026 | ~$736,051 | ~$736,051 | ~1.9977% | ~$14,704 | +1.9% |
| 2027 | ~$750,081 | ~$750,081 | ~1.9488% | ~$14,618 | +3.8% |
| 2028 | ~$764,379 | ~$764,379 | ~1.9000% | ~$14,523 | +5.8% |
| 2029 | ~$778,950 | ~$778,950 | ~1.8512% | ~$14,420 | +7.8% |
| 2030 | ~$793,798 | ~$793,798 | ~1.8024% | ~$14,307 | +9.9% |
In 2025, this property's market value of $722,283 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -49% 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 | $722,283 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $878,728 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $781,458 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $635,374 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $725,000 | $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.