301 W KOENIG LN AUSTIN, TX 78751
| Owner | KOENIG LANE AUTOMOTIVE INCORPORATED |
|---|---|
| Parcel ID | 0227090802 |
| Short ID | 228143 |
| Type | Real |
| Use Code | 83 Service / Repair Garage |
| Valuation | Income |
| Improvement SF | 1,161 SF |
| Land SF | 16,553 SF |
| Acres | 0.380 |
| Year Built | 1967 |
| Legal | ABS 789 SUR 57 WALLACE J P ACR .38 |
| Neighborhood | 83CEN |
| Land | $645,567 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $645,567 |
| Improvement | $76,853 |
|---|---|
| Total Improvement | $76,853 |
| Market | $722,420 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $722,420 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $722,420 |
| Taxable Value | $722,420 |
|---|
Appreciation: Market value has risen +31.9% from $547,500 (2021) to $722,420 (2025), a CAGR of 7.2% over 4 years. This represents moderate, steady growth. 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 $14,784. 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 89% of market value ($645,567 land vs $76,853 improvements), about $39/SF of land. With value concentrated in the land under a ~59-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 $722,420, 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 +7.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,021,637 by 2030, with an estimated annual tax burden around $19,245. 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.
4 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 13,700 SF | ✗ |
| 501 | CANOPY | 2,723 SF | ✗ |
| 1ST | 1st Floor | 1,161 SF | ✓ |
| 435 | FENCE IRON LF | 300 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% | $6,683.83 | $6,683.83 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $3,785.60 | $3,785.60 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,715.18 | $2,715.18 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $852.62 | $852.62 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $746.98 | $746.98 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $14,784.21 | $14,784.21 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $772,432 | $722,420 | +6.9% |
| Assessed Value | $772,432 | $722,420 | +6.9% |
| Land Value | $645,567 | $645,567 | +0.0% |
| Improvement Value | $126,865 | $76,853 | +65.1% |
| Taxable Value | $772,432 | $722,420 | +6.9% |
| Total Tax 2026 = estimate |
~$15,808
Estimated
|
~$14,784
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $772,432 | $772,432 | +0 (+0.0%) |
| Taxable Value | $772,432 | $772,432 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $772,432 | $645,567 | $126,865 | — | $772,432 | $772,432 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $722,420 | $645,567 | $76,853 | — | $722,420 | $722,420 | ~$14,784 | Partial |
| 2024 | $1,046,761 | — | — | −$401,194 | $645,567 | $— | $14,299 | Verified |
| 2023 | $814,237 | — | — | — | $968,351 ! | $— | $18,938 | Verified |
| 2022 | $547,839 | — | — | — | $744,885 ! | $— | $16,081 | Verified |
| 2021 | $547,500 | — | — | −$26,080 | $521,420 | $— | $11,925 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +6.9% | +6.9% | ~100% | Not available | Partial |
| 2025 | +0.1% | +0.1% | ~100% | Not available | Partial |
| 2024 | -31.1% | -31.1% | ~100% | 1.9800% | Verified |
| 2023 | +28.6% | +28.6% | ~100% | 1.8100% | Verified |
| 2022 | +48.6% | +48.6% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +31.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +6.9% | +10.6% | +5.8% | +48.6% | 2023 | -31.0% | 2025 |
| Assessment Ratio | 100.0% | 102.0% | — | 136.0% | 2022 | 61.7% | 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 |
$14,784 | $15,205 | ~$17,376 | $18,938 | 2023 | $11,925 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$774,268 | ~$774,268 | ~2.0139% | ~$15,593 | +7.2% |
| 2027 | ~$829,837 | ~$829,837 | ~1.9814% | ~$16,442 | +14.9% |
| 2028 | ~$889,394 | ~$889,394 | ~1.9488% | ~$17,333 | +23.1% |
| 2029 | ~$953,225 | ~$953,225 | ~1.9163% | ~$18,267 | +31.9% |
| 2030 | ~$1,021,637 | ~$1,021,637 | ~1.8837% | ~$19,245 | +41.4% |
| 2026 | ~$759,819 | ~$759,819 | ~2.0465% | ~$15,550 | +5.2% |
| 2027 | ~$799,155 | ~$799,155 | ~2.0465% | ~$16,355 | +10.6% |
| 2028 | ~$840,527 | ~$840,527 | ~2.0465% | ~$17,201 | +16.3% |
| 2029 | ~$884,040 | ~$884,040 | ~2.0465% | ~$18,092 | +22.4% |
| 2030 | ~$929,807 | ~$929,807 | ~2.0465% | ~$19,028 | +28.7% |
| 2026 | ~$788,716 | ~$788,716 | ~1.9977% | ~$15,756 | +9.2% |
| 2027 | ~$861,096 | ~$861,096 | ~1.9488% | ~$16,781 | +19.2% |
| 2028 | ~$940,119 | ~$940,119 | ~1.9000% | ~$17,862 | +30.1% |
| 2029 | ~$1,026,393 | ~$1,026,393 | ~1.8512% | ~$19,001 | +42.1% |
| 2030 | ~$1,120,585 | ~$1,120,585 | ~1.8024% | ~$20,197 | +55.1% |
In 2025, this property's market value of $722,420 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -49% 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 | $722,420 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $1,046,761 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $814,237 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $547,839 | $553,066 | $1,215,730 | $2,939,150 | ↓ Bottom 25% | +3.3% |
| 2021 | $547,500 | $517,750 | $1,142,600 | $2,780,453 | ↓ Below 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.