1011 REINLI ST TX 78723
| Owner | THURMAN RUSSELL T DESCENDANTS TRUST & |
|---|---|
| Parcel ID | 0225120502 |
| Short ID | 225505 |
| Type | Real |
| Use Code | 20 Small Store (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 2,746 SF |
| Land SF | 18,034 SF |
| Acres | 0.414 |
| Year Built | 1969 |
| Legal | 75X240.4FT LOT 42 DUVAL HEIGHTS |
| Neighborhood | 20CEN |
| Land | $306,578 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $306,578 |
| Improvement | $399,277 |
|---|---|
| Total Improvement | $399,277 |
| Market | $705,855 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $705,855 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $705,855 |
| Taxable Value | $705,855 |
|---|
Appreciation: Market value has risen +6.6% from $662,110 (2021) to $705,855 (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 5 taxing entities is 2.0465% in 2025 (+0.0647% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $14,445. 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 43% of market value ($306,578 land vs $399,277 improvements), about $17/SF of land. Most value sits in the improvements, so building condition, age (~57 yrs), and rent roll drive the underwriting.
Submarket Position: At $705,855, 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 +1.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $764,623 by 2030, with an estimated annual tax burden around $14,404. 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.
5 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 6,138 SF | ✗ |
| 1ST | 1st Floor | 2,746 SF | ✓ |
| 327 | STORAGE COMM'L | 720 SF | ✓ |
| 611 | TERRACE | 120 SF | ✗ |
| 501 | CANOPY | 90 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% | $6,530.57 | $6,530.57 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $3,698.80 | $3,698.80 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,652.92 | $2,652.92 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $833.07 | $833.07 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $729.85 | $729.85 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $14,445.21 | $14,445.21 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $761,152 | $705,855 | +7.8% |
| Assessed Value | $761,152 | $705,855 | +7.8% |
| Land Value | $306,578 | $306,578 | +0.0% |
| Improvement Value | $454,574 | $399,277 | +13.8% |
| Taxable Value | $761,152 | $705,855 | +7.8% |
| Total Tax 2026 = estimate |
~$15,577
Estimated
|
~$14,445
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $761,152 | $761,152 | +0 (+0.0%) |
| Taxable Value | $761,152 | $761,152 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $761,152 | $306,578 | $454,574 | — | $761,152 | $761,152 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $705,855 | $306,578 | $399,277 | — | $705,855 | $705,855 | ~$14,445 | Partial |
| 2024 | $718,818 | — | — | −$412,240 | $306,578 | $— | $14,290 | Verified |
| 2023 | $656,124 | — | — | −$349,546 | $306,578 | $— | $13,005 | Verified |
| 2022 | $635,840 | — | — | −$329,262 | $306,578 | $— | $12,958 | Verified |
| 2021 | $662,110 | — | — | −$355,532 | $306,578 | $— | $13,840 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +7.8% | +7.8% | ~100% | Not available | Partial |
| 2025 | -2.1% | -2.1% | ~100% | Not available | Partial |
| 2024 | +0.3% | +0.3% | ~100% | 1.9800% | Verified |
| 2023 | +9.6% | +9.6% | ~100% | 1.8100% | Verified |
| 2022 | +3.2% | +3.2% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.0900% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +11.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +7.8% | +3.0% | +0.1% | +9.6% | 2024 | -4.0% | 2022 |
| Assessment Ratio | 100.0% | 64.0% | — | 100.0% | 2025 | 42.7% | 2024 |
| 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 |
$14,445 | $13,708 | ~$14,428 | $14,445 | 2025 | $12,958 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$717,236 | ~$717,236 | ~2.0139% | ~$14,445 | +1.6% |
| 2027 | ~$728,800 | ~$728,800 | ~1.9814% | ~$14,440 | +3.3% |
| 2028 | ~$740,550 | ~$740,550 | ~1.9488% | ~$14,432 | +4.9% |
| 2029 | ~$752,490 | ~$752,490 | ~1.9163% | ~$14,420 | +6.6% |
| 2030 | ~$764,623 | ~$764,623 | ~1.8837% | ~$14,404 | +8.3% |
| 2026 | ~$703,118 | ~$703,118 | ~2.0465% | ~$14,389 | -0.4% |
| 2027 | ~$700,393 | ~$700,393 | ~2.0465% | ~$14,333 | -0.8% |
| 2028 | ~$697,677 | ~$697,677 | ~2.0465% | ~$14,278 | -1.2% |
| 2029 | ~$694,972 | ~$694,972 | ~2.0465% | ~$14,222 | -1.5% |
| 2030 | ~$692,278 | ~$692,278 | ~2.0465% | ~$14,167 | -1.9% |
| 2026 | ~$731,353 | ~$731,353 | ~1.9977% | ~$14,610 | +3.6% |
| 2027 | ~$757,771 | ~$757,771 | ~1.9488% | ~$14,768 | +7.4% |
| 2028 | ~$785,145 | ~$785,145 | ~1.9000% | ~$14,918 | +11.2% |
| 2029 | ~$813,506 | ~$813,506 | ~1.8512% | ~$15,060 | +15.3% |
| 2030 | ~$842,893 | ~$842,893 | ~1.8024% | ~$15,192 | +19.4% |
In 2025, this property's market value of $705,855 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -50% 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 | $705,855 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $718,818 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $656,124 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $635,840 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $662,110 | $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.