4800 GROVER AVE TX 78756
| Owner | TEXAS HEALTH DEPT CREDIT UNION |
|---|---|
| Parcel ID | 0224030225 |
| Short ID | 223183 |
| Type | Real |
| Use Code | 58 Bank — Branch Office |
| Valuation | Income |
| Improvement SF | 6,435 SF |
| Land SF | 53,666 SF |
| Acres | 1.232 |
| Year Built | 2003 |
| Legal | LOT B BLACKSTOCK AND HAYES ADDN |
| Neighborhood | 58CEN |
| Land | $2,951,630 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,951,630 |
| Improvement | $1,375,070 |
|---|---|
| Total Improvement | $1,375,070 |
| Market | $4,326,700 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $4,326,700 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $4,326,700 |
| Taxable Value | $4,326,700 |
|---|
Appreciation: Market value has risen +9.2% from $3,961,216 (2021) to $4,326,700 (2025), a CAGR of 2.2% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2025→2026), 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 $88,545. 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 68% of market value ($2,951,630 land vs $1,375,070 improvements), about $55/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $4,326,700, 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 +2.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $4,831,335 by 2030, with an estimated annual tax burden around $91,010. 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 |
|---|---|---|---|
| 551 | PAVED AREA | 21,000 SF | ✗ |
| 1ST | 1st Floor | 6,435 SF | ✓ |
| 491 | SPRINKLER HEADS | 6,435 SF | ✗ |
| 501 | CANOPY | 1,288 SF | ✗ |
| 503 | CANOPY - BANK | 1,120 SF | ✗ |
| 435 | FENCE IRON LF | 500 SF | ✗ |
| 327 | STORAGE COMM'L | 336 SF | ✓ |
| 482 | LIGHT POLES | 4 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% | $40,030.63 | $40,030.63 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $22,672.64 | $22,672.64 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $16,261.69 | $16,261.69 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $5,106.50 | $5,106.50 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $4,473.81 | $4,473.81 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $88,545.27 | $88,545.27 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $4,785,605 | $4,326,700 | +10.6% |
| Assessed Value | $4,785,605 | $4,326,700 | +10.6% |
| Land Value | $2,951,630 | $2,951,630 | +0.0% |
| Improvement Value | $1,833,975 | $1,375,070 | +33.4% |
| Taxable Value | $4,785,605 | $4,326,700 | +10.6% |
| Total Tax 2026 = estimate |
~$97,937
Estimated
|
~$88,545
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $5,039,115 | $4,785,605 | -253,510 (-5.0%) |
| Taxable Value | $5,039,115 | $4,785,605 | -253,510 (-5.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $4,785,605 | $2,951,630 | $1,833,975 | — | $4,785,605 | $4,785,605 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $4,326,700 | $2,951,630 | $1,375,070 | — | $4,326,700 | $4,326,700 | ~$88,545 | Partial |
| 2024 | $4,267,059 | — | — | −$1,315,429 | $2,951,630 | $— | $84,565 | Verified |
| 2023 | $4,387,267 | — | — | −$1,435,637 | $2,951,630 | $— | $77,202 | Verified |
| 2022 | $4,387,267 | — | — | −$1,435,637 | $2,951,630 | $— | $86,645 | Verified |
| 2021 | $3,961,216 | — | — | −$1,009,586 | $2,951,630 | $— | $95,497 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +16.5% | +16.5% | ~100% | Not available | Partial |
| 2025 | +1.4% | +1.4% | ~100% | Not available | Partial |
| 2024 | +0.0% | +0.0% | ~100% | 1.9800% | Verified |
| 2023 | -2.7% | -2.7% | ~100% | 1.8100% | Verified |
| 2022 | +0.0% | +0.0% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.4100% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -1.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +10.6% | +4.0% | +0.3% | +10.8% | 2022 | -2.7% | 2024 |
| Assessment Ratio | 100.0% | 79.7% | — | 100.0% | 2025 | 67.3% | 2022 |
| 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 |
$88,545 | $86,491 | ~$90,068 | $95,497 | 2021 | $77,202 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$4,423,223 | ~$4,423,223 | ~2.0139% | ~$89,081 | +2.2% |
| 2027 | ~$4,521,900 | ~$4,521,900 | ~1.9814% | ~$89,596 | +4.5% |
| 2028 | ~$4,622,777 | ~$4,622,777 | ~1.9488% | ~$90,091 | +6.8% |
| 2029 | ~$4,725,906 | ~$4,725,906 | ~1.9163% | ~$90,562 | +9.2% |
| 2030 | ~$4,831,335 | ~$4,831,335 | ~1.8837% | ~$91,010 | +11.7% |
| 2026 | ~$4,336,689 | ~$4,336,689 | ~2.0465% | ~$88,750 | +0.2% |
| 2027 | ~$4,346,701 | ~$4,346,701 | ~2.0465% | ~$88,955 | +0.5% |
| 2028 | ~$4,356,737 | ~$4,356,737 | ~2.0465% | ~$89,160 | +0.7% |
| 2029 | ~$4,366,795 | ~$4,366,795 | ~2.0465% | ~$89,366 | +0.9% |
| 2030 | ~$4,376,877 | ~$4,376,877 | ~2.0465% | ~$89,572 | +1.2% |
| 2026 | ~$4,509,757 | ~$4,509,757 | ~1.9977% | ~$90,090 | +4.2% |
| 2027 | ~$4,700,559 | ~$4,700,559 | ~1.9488% | ~$91,606 | +8.6% |
| 2028 | ~$4,899,434 | ~$4,899,434 | ~1.9000% | ~$93,090 | +13.2% |
| 2029 | ~$5,106,723 | ~$5,106,723 | ~1.8512% | ~$94,535 | +18.0% |
| 2030 | ~$5,322,781 | ~$5,322,781 | ~1.8024% | ~$95,936 | +23.0% |
In 2025, this property's market value of $4,326,700 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 3× 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 | $4,326,700 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $4,267,059 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $4,387,267 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $4,387,267 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $3,961,216 | $517,750 | $1,142,600 | $2,780,453 | ↑ Top 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.