5795 AIRPORT BLVD TX 78751
| Owner | KEYSTONE 1031 NET LEASED PORTFOLIO DST |
|---|---|
| Parcel ID | 0226100405 |
| Short ID | 226713 |
| Type | Real |
| Use Code | 61 Warehouse (<20,000 SF) |
| Valuation | Cost |
| Improvement SF | 12,805 SF |
| Land SF | 21,300 SF |
| Acres | 0.489 |
| Year Built | 1966 |
| Legal | LOT 2B *RESUB OF LOT 2 WEBSTER J GRANT SUBD |
| Neighborhood | 61NOR |
| Land | $1,704,000 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,704,000 |
| Improvement | $1,461,536 |
|---|---|
| Total Improvement | $1,461,536 |
| Market | $3,165,536 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $3,165,536 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $3,165,536 |
| Taxable Value | $3,165,536 |
|---|
Appreciation: Market value has risen +50.6% from $2,101,934 (2021) to $3,165,536 (2025), a CAGR of 10.8% 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 $64,782. 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 cost approach, tied more to replacement cost and physical condition than to income performance.
Value Composition: Land carries 54% of market value ($1,704,000 land vs $1,461,536 improvements), about $80/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $3,165,536, 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 +10.8% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $5,281,198 by 2030, with an estimated annual tax burden around $96,036. 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 |
|---|---|---|---|
| 1ST | 1st Floor | 12,805 SF | ✓ |
| 551 | PAVED AREA | 5,528 SF | ✗ |
| SO | Sketch Only | 1,050 SF | ✗ |
| 881 | COMMCL FINISHOUT | 871 SF | ✓ |
| 501 | CANOPY | 50 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% | $29,287.54 | $29,287.54 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $16,587.95 | $16,587.95 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $11,897.51 | $11,897.51 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $3,736.06 | $3,736.06 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $3,273.16 | $3,273.16 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $64,782.22 | $64,782.22 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $3,371,897 | $3,165,536 | +6.5% |
| Assessed Value | $3,371,897 | $3,165,536 | +6.5% |
| Land Value | $1,704,000 | $1,704,000 | +0.0% |
| Improvement Value | $1,667,897 | $1,461,536 | +14.1% |
| Taxable Value | $3,371,897 | $3,165,536 | +6.5% |
| Total Tax 2026 = estimate |
~$69,005
Estimated
|
~$64,782
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $3,549,365 | $3,371,897 | -177,468 (-5.0%) |
| Taxable Value | $3,549,365 | $3,371,897 | -177,468 (-5.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $3,371,897 | $1,704,000 | $1,667,897 | — | $3,371,897 | $3,371,897 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $3,165,536 | $1,704,000 | $1,461,536 | — | $3,165,536 | $3,165,536 | ~$64,782 | Partial |
| 2024 | $2,536,000 | — | — | −$832,000 | $1,704,000 | $— | $60,311 | Verified |
| 2023 | $2,030,745 | — | — | −$326,745 | $1,704,000 | $— | $45,883 | Verified |
| 2022 | $2,114,377 | — | — | −$410,377 | $1,704,000 | $— | $40,106 | Verified |
| 2021 | $2,101,934 | — | — | −$1,036,934 | $1,065,000 | $— | $46,023 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +12.1% | +12.1% | ~100% | Not available | Partial |
| 2025 | -5.9% | +4.0% | ~100% | Not available | Partial |
| 2024 | +0.3% | -9.2% | 90.5% | 1.7900% | Verified |
| 2023 | +65.1% | +65.1% | ~100% | 1.3700% | Verified |
| 2022 | -4.0% | -4.0% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1900% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +49.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +6.5% | +10.6% | +9.4% | +24.9% | 2024 | -4.0% | 2023 |
| Assessment Ratio | 100.0% | 80.4% | — | 100.0% | 2025 | 50.7% | 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 |
$64,782 | $51,421 | ~$82,596 | $64,782 | 2025 | $40,106 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$3,506,746 | ~$3,482,090 | ~2.0139% | ~$70,127 | +10.8% |
| 2027 | ~$3,884,735 | ~$3,830,299 | ~1.9814% | ~$75,893 | +22.7% |
| 2028 | ~$4,303,466 | ~$4,213,328 | ~1.9488% | ~$82,111 | +35.9% |
| 2029 | ~$4,767,332 | ~$4,634,661 | ~1.9163% | ~$88,814 | +50.6% |
| 2030 | ~$5,281,198 | ~$5,098,127 | ~1.8837% | ~$96,036 | +66.8% |
| 2026 | ~$3,443,435 | ~$3,443,435 | ~2.0465% | ~$70,469 | +8.8% |
| 2027 | ~$3,745,731 | ~$3,745,731 | ~2.0465% | ~$76,656 | +18.3% |
| 2028 | ~$4,074,565 | ~$4,074,565 | ~2.0465% | ~$83,385 | +28.7% |
| 2029 | ~$4,432,267 | ~$4,432,267 | ~2.0465% | ~$90,706 | +40.0% |
| 2030 | ~$4,821,371 | ~$4,821,371 | ~2.0465% | ~$98,669 | +52.3% |
| 2026 | ~$3,570,057 | ~$3,482,090 | ~1.9977% | ~$69,560 | +12.8% |
| 2027 | ~$4,026,271 | ~$3,830,299 | ~1.9488% | ~$74,646 | +27.2% |
| 2028 | ~$4,540,784 | ~$4,213,328 | ~1.9000% | ~$80,054 | +43.4% |
| 2029 | ~$5,121,046 | ~$4,634,661 | ~1.8512% | ~$85,797 | +61.8% |
| 2030 | ~$5,775,459 | ~$5,098,127 | ~1.8024% | ~$91,887 | +82.4% |
In 2025, this property's market value of $3,165,536 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +123% 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 | $3,165,536 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $2,536,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $2,030,745 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $2,114,377 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $2,101,934 | $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.