6603 BERKMAN DR TX 78723
| Owner | SITARA INC |
|---|---|
| Parcel ID | 0225200238 |
| Short ID | 225825 |
| Type | Real |
| Use Code | 33 Fast Food Restaurant |
| Valuation | Income |
| Improvement SF | 556 SF |
| Land SF | 23,850 SF |
| Acres | 0.548 |
| Year Built | 1987 |
| Legal | LOT 1 BERKMAN DRIVE ADDN SEC 2 |
| Neighborhood | 33CEN |
| Land | $715,500 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $715,500 |
| Improvement | $18,384 |
|---|---|
| Total Improvement | $18,384 |
| Market | $733,884 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $733,884 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $733,884 |
| Taxable Value | $733,884 |
|---|
Appreciation: Market value has risen +45.9% from $503,000 (2021) to $733,884 (2025), a CAGR of 9.9% 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 $15,019. 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 97% of market value ($715,500 land vs $18,384 improvements), about $30/SF of land. With value concentrated in the land under a ~39-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 $733,884, 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 +9.9% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,176,797 by 2030, with an estimated annual tax burden around $22,168. 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 | 5,690 SF | ✗ |
| 1ST | 1st Floor | 556 SF | ✓ |
| 581C | STORAGE ATT COMM | 556 SF | ✓ |
| 541 | FENCE COMM LF | 100 SF | ✗ |
| 482 | LIGHT POLES | 3 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% | $6,789.89 | $6,789.89 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $3,845.68 | $3,845.68 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,758.27 | $2,758.27 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $866.15 | $866.15 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $758.84 | $758.84 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $15,018.83 | $15,018.83 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $734,822 | $733,884 | +0.1% |
| Assessed Value | $734,822 | $733,884 | +0.1% |
| Land Value | $715,500 | $715,500 | +0.0% |
| Improvement Value | $19,322 | $18,384 | +5.1% |
| Taxable Value | $734,822 | $733,884 | +0.1% |
| Total Tax 2026 = estimate |
~$15,038
Estimated
|
~$15,019
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $734,822 | $734,822 | +0 (+0.0%) |
| Taxable Value | $734,822 | $734,822 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $734,822 | $715,500 | $19,322 | — | $734,822 | $734,822 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $733,884 | $715,500 | $18,384 | — | $733,884 | $733,884 | ~$15,019 | Partial |
| 2024 | $753,850 | — | — | −$38,350 | $715,500 | $— | $14,545 | Verified |
| 2023 | $625,948 | — | — | — | $715,500 ! | $— | $13,639 | Verified |
| 2022 | $498,062 | — | — | — | $596,250 ! | $— | $12,362 | Verified |
| 2021 | $503,000 | — | — | −$26,000 | $477,000 | $— | $10,841 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.1% | +0.1% | ~100% | Not available | Partial |
| 2025 | -2.5% | -2.5% | ~100% | Not available | Partial |
| 2024 | -0.2% | -0.2% | ~100% | 1.9300% | Verified |
| 2023 | +20.4% | +20.4% | ~100% | 1.8100% | Verified |
| 2022 | +25.7% | +25.7% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1600% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +47.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.1% | +8.5% | +9.9% | +25.7% | 2023 | -2.6% | 2025 |
| Assessment Ratio | 100.0% | 104.0% | — | 119.7% | 2022 | 94.8% | 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 |
$15,019 | $13,281 | ~$19,096 | $15,019 | 2025 | $10,841 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$806,570 | ~$806,570 | ~2.0139% | ~$16,244 | +9.9% |
| 2027 | ~$886,456 | ~$886,456 | ~1.9814% | ~$17,564 | +20.8% |
| 2028 | ~$974,254 | ~$974,254 | ~1.9488% | ~$18,987 | +32.8% |
| 2029 | ~$1,070,747 | ~$1,070,747 | ~1.9163% | ~$20,519 | +45.9% |
| 2030 | ~$1,176,797 | ~$1,176,797 | ~1.8837% | ~$22,168 | +60.4% |
| 2026 | ~$791,893 | ~$791,893 | ~2.0465% | ~$16,206 | +7.9% |
| 2027 | ~$854,487 | ~$854,487 | ~2.0465% | ~$17,487 | +16.4% |
| 2028 | ~$922,028 | ~$922,028 | ~2.0465% | ~$18,869 | +25.6% |
| 2029 | ~$994,908 | ~$994,908 | ~2.0465% | ~$20,361 | +35.6% |
| 2030 | ~$1,073,549 | ~$1,073,549 | ~2.0465% | ~$21,970 | +46.3% |
| 2026 | ~$821,248 | ~$807,272 | ~1.9977% | ~$16,127 | +11.9% |
| 2027 | ~$919,012 | ~$888,000 | ~1.9488% | ~$17,306 | +25.2% |
| 2028 | ~$1,028,415 | ~$976,800 | ~1.9000% | ~$18,559 | +40.1% |
| 2029 | ~$1,150,841 | ~$1,074,480 | ~1.8512% | ~$19,891 | +56.8% |
| 2030 | ~$1,287,841 | ~$1,181,928 | ~1.8024% | ~$21,303 | +75.5% |
In 2025, this property's market value of $733,884 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -48% 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 | $733,884 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $753,850 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $625,948 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $498,062 | $553,066 | $1,215,730 | $2,939,150 | ↓ Bottom 25% | +3.3% |
| 2021 | $503,000 | $517,750 | $1,142,600 | $2,780,453 | ↓ Bottom 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.