4804 GROVER AVE TX 78756
| Owner | 4804 GROVER LTD |
|---|---|
| Parcel ID | 0224030221 |
| Short ID | 223180 |
| Type | Real |
| Use Code | 53 Office Small (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 5,760 SF |
| Land SF | 28,942 SF |
| Acres | 0.664 |
| Year Built | 1958 |
| Legal | LOT C BLACKSTOCK AND HAYES ADDN |
| Neighborhood | 53CEN |
| Land | $1,591,810 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,591,810 |
| Improvement | $566,808 |
|---|---|
| Total Improvement | $566,808 |
| Market | $2,158,618 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,158,618 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $2,158,618 |
| Taxable Value | $2,158,618 |
|---|
Appreciation: Market value has fallen -6.1% from $2,300,000 (2021) to $2,158,618 (2025), a CAGR of -1.6% over 4 years. Growth has been relatively flat for this asset class. 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 3 taxing entities is 1.1466% in 2025 (-0.0131% vs 2024 — rates decreased ). At the current taxable value, estimated annual taxes are $24,751. Austin ISD is the largest single contributor, at 80.7% 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 74% of market value ($1,591,810 land vs $566,808 improvements), about $55/SF of land. With value concentrated in the land under a ~68-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 $2,158,618, this parcel sits in the upper-middle (50th–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 -1.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,994,049 by 2030, with an estimated annual tax burden around $19,582. 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.
10 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 12,800 SF | ✗ |
| 1ST | 1st Floor | 5,760 SF | ✓ |
| 591 | MASONRY TRIM SF | 2,200 SF | ✗ |
| 011C | PORCH OPEN 1ST COMM | 416 SF | ✗ |
| 061C | CARPORT ATT 1ST COMM | 400 SF | ✗ |
| 541 | FENCE COMM LF | 239 SF | ✗ |
| 571C | STORAGE DET COMM | 120 SF | ✓ |
| 327 | STORAGE COMM'L | 96 SF | ✓ |
| 501 | CANOPY | 40 SF | ✗ |
| 449 | SPA | 1 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% | $19,971.53 | $19,971.53 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,547.67 | $2,547.67 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,232.01 | $2,232.01 | Paid |
| Combined Rate | 1.2783% | 1.1940% | 1.0588% | 1.1598% | 1.1466% | -0.0131% | $24,751.21 | $24,751.21 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,407,746 | $2,158,618 | +11.5% |
| Assessed Value | $2,407,746 | $2,158,618 | +11.5% |
| Land Value | $1,591,810 | $1,591,810 | +0.0% |
| Improvement Value | $815,936 | $566,808 | +44.0% |
| Taxable Value | — | — | — |
| Exemptions | — | ! | |
| Total Tax | Pending certification |
~$24,751
Partial
|
|
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $2,849,891 | $2,407,746 | -442,145 (-15.5%) |
| Taxable Value | — | — | — |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,407,746 | $1,591,810 | $815,936 | — | $2,407,746 | $— | Not yet — post-cert | Certified — no billing yet |
| 2025 | $2,158,618 | $1,591,810 | $566,808 | — | $2,158,618 | $— | ~$24,751 | Partial |
| 2024 | $2,300,000 | — | — | −$708,190 | $1,591,810 | $— | $26,320 | Verified |
| 2023 | $2,628,000 | — | — | −$1,036,190 | $1,591,810 | $— | $42,116 | Verified |
| 2022 | $2,480,000 | — | — | −$888,190 | $1,591,810 | $— | $51,901 | Verified |
| 2021 | $2,300,000 | — | — | −$708,190 | $1,591,810 | $— | $46,108 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +32.0% | +20.0% | 90.9% | Not available | Partial |
| 2025 | -4.9% | -4.9% | ~100% | Not available | Partial |
| 2024 | -26.6% | -26.6% | ~100% | 1.1600% | Verified |
| 2023 | +17.6% | +17.6% | ~100% | 1.3600% | Verified |
| 2022 | +6.0% | +6.0% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.0000% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -13.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +11.5% | +1.3% | -3.6% | +11.5% | 2026 | -12.5% | 2024 |
| Assessment Ratio | 100.0% | 77.2% | — | 100.0% | 2025 | 60.6% | 2023 |
| Effective Tax Rate (2025) | 1.1500% | 1.1500% | — | 1.1500% | 2025 | 1.1500% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$24,751 | $38,239 | ~$21,595 | $51,901 | 2022 | $24,751 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,124,652 | ~$2,124,652 | ~1.1137% | ~$23,662 | -1.6% |
| 2027 | ~$2,091,220 | ~$2,091,220 | ~1.0808% | ~$22,601 | -3.1% |
| 2028 | ~$2,058,315 | ~$2,058,315 | ~1.0479% | ~$21,568 | -4.6% |
| 2029 | ~$2,025,927 | ~$2,025,927 | ~1.0149% | ~$20,562 | -6.1% |
| 2030 | ~$1,994,049 | ~$1,994,049 | ~0.9820% | ~$19,582 | -7.6% |
| 2026 | ~$2,081,480 | ~$2,081,480 | ~1.1466% | ~$23,867 | -3.6% |
| 2027 | ~$2,007,098 | ~$2,007,098 | ~1.1466% | ~$23,014 | -7.0% |
| 2028 | ~$1,935,374 | ~$1,935,374 | ~1.1466% | ~$22,191 | -10.3% |
| 2029 | ~$1,866,213 | ~$1,866,213 | ~1.1466% | ~$21,398 | -13.5% |
| 2030 | ~$1,799,524 | ~$1,799,524 | ~1.1466% | ~$20,634 | -16.6% |
| 2026 | ~$2,167,824 | ~$2,167,824 | ~1.0972% | ~$23,786 | +0.4% |
| 2027 | ~$2,177,070 | ~$2,177,070 | ~1.0479% | ~$22,813 | +0.9% |
| 2028 | ~$2,186,355 | ~$2,186,355 | ~0.9985% | ~$21,830 | +1.3% |
| 2029 | ~$2,195,679 | ~$2,195,679 | ~0.9491% | ~$20,839 | +1.7% |
| 2030 | ~$2,205,044 | ~$2,205,044 | ~0.8997% | ~$19,839 | +2.2% |
In 2025, this property's market value of $2,158,618 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +52% above 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 | $2,158,618 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $2,300,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $2,628,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $2,480,000 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $2,300,000 | $517,750 | $1,142,600 | $2,780,453 | ↑ Above 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.