2311 W NORTH LOOP BLVD TX 78756
| Owner | NEWMILLER CRAIG REVOCABLE LIVING TRUST |
|---|---|
| Parcel ID | 0227030529 |
| Short ID | 227655 |
| Type | Real |
| Use Code | 30 Strip Center (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 3,570 SF |
| Land SF | 9,315 SF |
| Acres | 0.214 |
| Year Built | 1961 |
| Legal | LOT 2A RESUB OF PT LT 2&3 BLK 12 SHOALMONT ADDN RESUB |
| Neighborhood | 30CEN |
| Land | $326,025 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $326,025 |
| Improvement | $190,870 |
|---|---|
| Total Improvement | $190,870 |
| Market | $516,895 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $516,895 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $516,895 |
| Taxable Value | $516,895 |
|---|
Appreciation: Market value has risen +9.7% from $471,204 (2021) to $516,895 (2025), a CAGR of 2.3% 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 $10,578. 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 63% of market value ($326,025 land vs $190,870 improvements), about $35/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $516,895, this parcel sits in the bottom quartile (<25th 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 +2.3% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $580,289 by 2030, with an estimated annual tax burden around $10,931. 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.
3 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 3,900 SF | ✗ |
| 1ST | 1st Floor | 3,570 SF | ✓ |
| 501 | CANOPY | 510 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% | $4,782.31 | $4,782.31 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $2,708.62 | $2,708.62 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,942.72 | $1,942.72 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $610.05 | $610.05 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $534.47 | $534.47 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $10,578.17 | $10,578.17 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $521,270 | $516,895 | +0.8% |
| Assessed Value | $521,270 | $516,895 | +0.8% |
| Land Value | $326,025 | $326,025 | +0.0% |
| Improvement Value | $195,245 | $190,870 | +2.3% |
| Taxable Value | $521,270 | $516,895 | +0.8% |
| Total Tax 2026 = estimate |
~$10,668
Estimated
|
~$10,578
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $521,270 | $521,270 | +0 (+0.0%) |
| Taxable Value | $521,270 | $521,270 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $521,270 | $326,025 | $195,245 | — | $521,270 | $521,270 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $516,895 | $326,025 | $190,870 | — | $516,895 | $516,895 | ~$10,578 | Partial |
| 2024 | $484,457 | — | — | −$158,432 | $326,025 | $— | $10,430 | Verified |
| 2023 | $443,700 | — | — | −$117,675 | $326,025 | $— | $8,765 | Verified |
| 2022 | $439,747 | — | — | −$113,722 | $326,025 | $— | $8,763 | Verified |
| 2021 | $471,204 | — | — | −$145,179 | $326,025 | $— | $9,572 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.8% | +0.8% | ~100% | Not available | Partial |
| 2025 | -1.8% | -1.8% | ~100% | Not available | Partial |
| 2024 | +5.3% | +5.3% | ~100% | 1.9800% | Verified |
| 2023 | +4.5% | +4.5% | ~100% | 1.7500% | Verified |
| 2022 | +8.7% | +8.7% | ~100% | 1.8300% | Verified |
| 2021 | base year | — | ~100% | 2.0300% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +17.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.8% | +2.2% | +2.2% | +9.2% | 2024 | -6.7% | 2022 |
| Assessment Ratio | 100.0% | 80.7% | — | 100.0% | 2025 | 67.3% | 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 |
$10,578 | $9,622 | ~$10,795 | $10,578 | 2025 | $8,763 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$528,994 | ~$528,994 | ~2.0139% | ~$10,654 | +2.3% |
| 2027 | ~$541,376 | ~$541,376 | ~1.9814% | ~$10,727 | +4.7% |
| 2028 | ~$554,048 | ~$554,048 | ~1.9488% | ~$10,798 | +7.2% |
| 2029 | ~$567,016 | ~$567,016 | ~1.9163% | ~$10,866 | +9.7% |
| 2030 | ~$580,289 | ~$580,289 | ~1.8837% | ~$10,931 | +12.3% |
| 2026 | ~$518,656 | ~$518,656 | ~2.0465% | ~$10,614 | +0.3% |
| 2027 | ~$520,423 | ~$520,423 | ~2.0465% | ~$10,650 | +0.7% |
| 2028 | ~$522,196 | ~$522,196 | ~2.0465% | ~$10,687 | +1.0% |
| 2029 | ~$523,975 | ~$523,975 | ~2.0465% | ~$10,723 | +1.4% |
| 2030 | ~$525,760 | ~$525,760 | ~2.0465% | ~$10,760 | +1.7% |
| 2026 | ~$539,332 | ~$539,332 | ~1.9977% | ~$10,774 | +4.3% |
| 2027 | ~$562,743 | ~$562,743 | ~1.9488% | ~$10,967 | +8.9% |
| 2028 | ~$587,169 | ~$587,169 | ~1.9000% | ~$11,156 | +13.6% |
| 2029 | ~$612,657 | ~$612,657 | ~1.8512% | ~$11,341 | +18.5% |
| 2030 | ~$639,250 | ~$639,250 | ~1.8024% | ~$11,522 | +23.7% |
In 2025, this property's market value of $516,895 places it in the bottom 25% for Commercial properties in Travis County (13608 comparable) — -64% 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 | $516,895 | $649,268 | $1,417,484 | $3,347,260 | ↓ Bottom 25% | -0.8% |
| 2024 | $484,457 | $661,016 | $1,438,465 | $3,471,171 | ↓ Bottom 25% | +0.0% |
| 2023 | $443,700 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $439,747 | $553,066 | $1,215,730 | $2,939,150 | ↓ Bottom 25% | +3.3% |
| 2021 | $471,204 | $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.