6375 E U S HY 290 TX 78723
| Owner | CROCKETT PARTNERS LTD |
|---|---|
| Parcel ID | 0225150242 |
| Short ID | 225530 |
| Type | Real |
| Use Code | 80 Auto Dealership |
| Valuation | Income |
| Improvement SF | 28,029 SF |
| Land SF | 183,418 SF |
| Acres | 4.211 |
| Year Built | 1985 |
| Legal | ABS 789 SUR 57 WALLACE J P ACR 3.547 |
| Neighborhood | 80EAS |
| Land | $5,502,543 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $5,502,543 |
| Improvement | $1,797,457 |
|---|---|
| Total Improvement | $1,797,457 |
| Market | $7,300,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $7,300,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $7,300,000 |
| Taxable Value | $7,300,000 |
|---|
Appreciation: Market value has risen +121.7% from $3,292,600 (2021) to $7,300,000 (2025), a CAGR of 22.0% over 4 years. This is strong appreciation — well above typical inflation. Growth has been fairly evenly spread across these years rather than concentrated in one jump. 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.
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 $149,393. 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 75% of market value ($5,502,543 land vs $1,797,457 improvements), about $30/SF of land. With value concentrated in the land under a ~41-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 $7,300,000, 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 +22.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $19,749,346 by 2030, with an estimated annual tax burden around $221,466. 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.
6 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 111,025 SF | ✗ |
| 1ST | 1st Floor | 24,909 SF | ✓ |
| 2ND | 2nd Floor | 3,120 SF | ✓ |
| 501 | CANOPY | 1,745 SF | ✗ |
| 541 | FENCE COMM LF | 550 SF | ✗ |
| 482 | LIGHT POLES | 9 SF | ✓ |
Market value changed by 82% in 2023, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| 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% | $67,539.60 | $67,539.60 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $38,253.24 | $38,253.24 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $27,436.69 | $27,436.69 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $8,615.68 | $8,615.68 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $7,548.20 | $7,548.20 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $149,393.41 | $149,393.41 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $7,263,365 | $7,300,000 | -0.5% |
| Assessed Value | $7,263,365 | $7,300,000 | -0.5% |
| Land Value | $5,502,543 | $5,502,543 | +0.0% |
| Improvement Value | $1,760,822 | $1,797,457 | -2.0% |
| Taxable Value | $7,263,365 | $7,300,000 | -0.5% |
| Total Tax 2026 = estimate |
~$148,644
Estimated
|
~$149,393
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $7,263,365 | $7,263,365 | +0 (+0.0%) |
| Taxable Value | $7,263,365 | $7,263,365 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $7,263,365 | $5,502,543 | $1,760,822 | — | $7,263,365 | $7,263,365 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $7,300,000 | $5,502,543 | $1,797,457 | — | $7,300,000 | $7,300,000 | ~$149,393 | Partial |
| 2024 | $5,880,000 | — | — | −$377,457 | $5,502,543 | $— | $145,312 | Verified |
| 2023 | $3,882,631 | — | — | — | $4,636,410 ! | $— | $107,552 | Verified |
| 2022 | $3,506,733 | — | — | −$1,961,263 | $1,545,470 | $— | $76,679 | Verified |
| 2021 | $3,292,600 | — | — | −$1,747,130 | $1,545,470 | $— | $76,330 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -0.5% | -0.5% | ~100% | Not available | Partial |
| 2025 | -8.0% | -8.0% | ~100% | Not available | Partial |
| 2024 | +12.3% | +12.3% | ~100% | 1.8300% | Verified |
| 2023 | +82.0% ! | +82.0% | ~100% | 1.5200% | Verified |
| 2022 | +10.7% | +10.7% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.3200% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +108.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -0.5% | +18.4% | +22.1% | +51.4% | 2024 | -0.5% | 2026 |
| Assessment Ratio | 100.0% | 84.0% | — | 119.4% | 2023 | 44.1% | 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 |
$149,393 | $111,053 | ~$190,474 | $149,393 | 2025 | $76,330 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$8,907,767 | ~$8,030,000 | ~2.0139% | ~$161,719 | +22.0% |
| 2027 | ~$10,869,631 | ~$8,833,000 | ~1.9814% | ~$175,016 | +48.9% |
| 2028 | ~$13,263,580 | ~$9,716,300 | ~1.9488% | ~$189,355 | +81.7% |
| 2029 | ~$16,184,778 | ~$10,687,930 | ~1.9163% | ~$204,812 | +121.7% |
| 2030 | ~$19,749,346 | ~$11,756,723 | ~1.8837% | ~$221,466 | +170.5% |
| 2026 | ~$8,761,767 | ~$8,030,000 | ~2.0465% | ~$164,333 | +20.0% |
| 2027 | ~$10,516,240 | ~$8,833,000 | ~2.0465% | ~$180,766 | +44.1% |
| 2028 | ~$12,622,033 | ~$9,716,300 | ~2.0465% | ~$198,843 | +72.9% |
| 2029 | ~$15,149,495 | ~$10,687,930 | ~2.0465% | ~$218,727 | +107.5% |
| 2030 | ~$18,183,060 | ~$11,756,723 | ~2.0465% | ~$240,600 | +149.1% |
| 2026 | ~$9,053,767 | ~$8,030,000 | ~1.9977% | ~$160,412 | +24.0% |
| 2027 | ~$11,228,862 | ~$8,833,000 | ~1.9488% | ~$172,141 | +53.8% |
| 2028 | ~$13,926,506 | ~$9,716,300 | ~1.9000% | ~$184,611 | +90.8% |
| 2029 | ~$17,272,238 | ~$10,687,930 | ~1.8512% | ~$197,854 | +136.6% |
| 2030 | ~$21,421,755 | ~$11,756,723 | ~1.8024% | ~$211,900 | +193.4% |
In 2025, this property's market value of $7,300,000 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 5× 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 | $7,300,000 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $5,880,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $3,882,631 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $3,506,733 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $3,292,600 | $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.