2233 W NORTH LOOP BLVD TX 78756
| Owner | 5205 ACQUISITIONS LLC |
|---|---|
| Parcel ID | 0227030546 |
| Short ID | 227699 |
| Type | Real |
| Use Code | 52 Office Medium (10–35,000 SF) |
| Valuation | Income |
| Improvement SF | 20,567 SF |
| Land SF | 78,408 SF |
| Acres | 1.800 |
| Year Built | 1963 |
| Legal | LOT 1 GOLDEN SQUARE SUBD |
| Neighborhood | 52CEN |
| Land | $2,744,280 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,744,280 |
| Improvement | $868,098 |
|---|---|
| Total Improvement | $868,098 |
| Market | $3,612,378 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $3,612,378 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $3,612,378 |
| Taxable Value | $3,612,378 |
|---|
Appreciation: Market value has fallen -33.0% from $5,393,343 (2021) to $3,612,378 (2025), a CAGR of -9.5% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2024→2025), 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 $73,927. 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 76% of market value ($2,744,280 land vs $868,098 improvements), about $35/SF of land. With value concentrated in the land under a ~63-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 $3,612,378, 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 -9.5% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,188,830 by 2030, with an estimated annual tax burden around $41,232. 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 | 59,600 SF | ✗ |
| 1ST | 1st Floor | 20,567 SF | ✓ |
| 501 | CANOPY | 2,132 SF | ✗ |
| 435 | FENCE IRON LF | 800 SF | ✗ |
| 611 | TERRACE | 540 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% | $33,421.72 | $33,421.72 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $18,929.47 | $18,929.47 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $13,576.94 | $13,576.94 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $4,263.44 | $4,263.44 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $3,735.20 | $3,735.20 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $73,926.77 | $73,926.77 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $3,800,000 | $3,612,378 | +5.2% |
| Assessed Value | $3,800,000 | $3,612,378 | +5.2% |
| Land Value | $2,744,280 | $2,744,280 | +0.0% |
| Improvement Value | $1,055,720 | $868,098 | +21.6% |
| Taxable Value | $3,800,000 | $3,612,378 | +5.2% |
| Total Tax 2026 = estimate |
~$77,766
Estimated
|
~$73,927
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $4,045,669 | $3,800,000 | -245,669 (-6.1%) |
| Taxable Value | $4,045,669 | $3,800,000 | -245,669 (-6.1%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $3,800,000 | $2,744,280 | $1,055,720 | — | $3,800,000 | $3,800,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $3,612,378 | $2,744,280 | $868,098 | — | $3,612,378 | $3,612,378 | ~$73,927 | Partial |
| 2024 | $5,513,430 | — | — | −$2,769,150 | $2,744,280 | $— | $88,722 | Verified |
| 2023 | $5,529,000 | — | — | −$2,784,720 | $2,744,280 | $— | $99,752 | Verified |
| 2022 | $5,455,772 | — | — | −$2,711,492 | $2,744,280 | $— | $109,193 | Verified |
| 2021 | $5,393,343 | — | — | −$2,649,063 | $2,744,280 | $— | $115,527 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +12.0% | +12.0% | ~100% | Not available | Partial |
| 2025 | -19.3% | -19.3% | ~100% | Not available | Partial |
| 2024 | -18.8% | -18.8% | ~100% | 1.9800% | Verified |
| 2023 | -3.6% | -3.6% | ~100% | 1.8100% | Verified |
| 2022 | +4.8% | +4.8% | ~100% | 1.9100% | Verified |
| 2021 | base year | — | ~100% | 2.1400% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -33.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +5.2% | -5.4% | -10.4% | +5.2% | 2026 | -34.5% | 2025 |
| Assessment Ratio | 100.0% | 66.8% | — | 100.0% | 2025 | 49.6% | 2023 |
| 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 |
$73,927 | $97,424 | ~$52,822 | $115,527 | 2021 | $73,927 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$3,267,962 | ~$3,267,962 | ~2.0139% | ~$65,815 | -9.5% |
| 2027 | ~$2,956,383 | ~$2,956,383 | ~1.9814% | ~$58,577 | -18.2% |
| 2028 | ~$2,674,512 | ~$2,674,512 | ~1.9488% | ~$52,122 | -26.0% |
| 2029 | ~$2,419,515 | ~$2,419,515 | ~1.9163% | ~$46,365 | -33.0% |
| 2030 | ~$2,188,830 | ~$2,188,830 | ~1.8837% | ~$41,232 | -39.4% |
| 2026 | ~$3,431,759 | ~$3,431,759 | ~2.0465% | ~$70,230 | -5.0% |
| 2027 | ~$3,260,171 | ~$3,260,171 | ~2.0465% | ~$66,719 | -9.8% |
| 2028 | ~$3,097,163 | ~$3,097,163 | ~2.0465% | ~$63,383 | -14.3% |
| 2029 | ~$2,942,304 | ~$2,942,304 | ~2.0465% | ~$60,214 | -18.5% |
| 2030 | ~$2,795,189 | ~$2,795,189 | ~2.0465% | ~$57,203 | -22.6% |
| 2026 | ~$3,340,209 | ~$3,340,209 | ~1.9977% | ~$66,726 | -7.5% |
| 2027 | ~$3,088,547 | ~$3,088,547 | ~1.9488% | ~$60,191 | -14.5% |
| 2028 | ~$2,855,845 | ~$2,855,845 | ~1.9000% | ~$54,262 | -20.9% |
| 2029 | ~$2,640,677 | ~$2,640,677 | ~1.8512% | ~$48,884 | -26.9% |
| 2030 | ~$2,441,719 | ~$2,441,719 | ~1.8024% | ~$44,009 | -32.4% |
In 2025, this property's market value of $3,612,378 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — +155% 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 | $3,612,378 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $5,513,430 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $5,529,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $5,455,772 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $5,393,343 | $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.