5104 COMMERCIAL PARK DR TX 78724
| Owner | COMMERCIAL PARK LLC |
|---|---|
| Parcel ID | 0227300607 |
| Short ID | 426020 |
| Type | Real |
| Use Code | 61 Warehouse (<20,000 SF) |
| Valuation | Cost |
| Improvement SF | 5,351 SF |
| Land SF | 21,068 SF |
| Acres | 0.484 |
| Year Built | 1984 |
| Legal | LOT 18 NORTHEAST COMMERCIAL BUSINESSPARK SEC 2 |
| Neighborhood | 61FEA |
| Land | $105,340 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $105,340 |
| Improvement | $469,069 |
|---|---|
| Total Improvement | $469,069 |
| Market | $574,409 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $574,409 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $574,409 |
| Taxable Value | $574,409 |
|---|
Appreciation: Market value has risen +34.0% from $428,719 (2021) to $574,409 (2025), a CAGR of 7.6% over 4 years. This represents moderate, steady growth. Most of this growth came in a single year (2025→2026), 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 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 $11,755. 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 18% of market value ($105,340 land vs $469,069 improvements), about $5/SF of land. Most value sits in the improvements, so building condition, age (~42 yrs), and rent roll drive the underwriting.
Submarket Position: At $574,409, 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 +7.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $828,003 by 2030, with an estimated annual tax burden around $15,597. 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 | 12,250 SF | ✗ |
| 1ST | 1st Floor | 5,351 SF | ✓ |
| 881 | COMMCL FINISHOUT | 2,351 SF | ✓ |
| 541 | FENCE COMM LF | 400 SF | ✗ |
| 501 | CANOPY | 15 SF | ✗ |
Market value changed by 117% in 2026, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| 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% | $5,314.43 | $5,314.43 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $3,010.00 | $3,010.00 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,158.89 | $2,158.89 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $677.93 | $677.93 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $593.94 | $593.94 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $11,755.19 | $11,755.19 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,246,261 | $574,409 | +117.0% |
| Assessed Value | $689,291 | $574,409 | +20.0% |
| Land Value | $105,340 | $105,340 | +0.0% |
| Improvement Value | $1,140,921 | $469,069 | +143.2% |
| Taxable Value | $689,291 | $574,409 | +20.0% |
| HS Cap Loss | -$556,970 | — | |
| Total Tax 2026 = estimate |
~$14,106
Estimated
|
~$11,755
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,246,261 | $1,246,261 | +0 (+0.0%) |
| Taxable Value | $689,291 | $689,291 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,246,261 | $105,340 | $1,140,921 | −$556,970 | $689,291 | $689,291 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $574,409 | $105,340 | $469,069 | — | $574,409 | $574,409 | ~$11,755 | Partial |
| 2024 | $610,464 | — | — | −$505,124 | $105,340 | $— | $11,344 | Verified |
| 2023 | $431,387 | — | — | −$326,047 | $105,340 | $— | $11,045 | Verified |
| 2022 | $432,353 | — | — | −$327,013 | $105,340 | $— | $8,520 | Verified |
| 2021 | $428,719 | — | — | −$323,379 | $105,340 | $— | $9,411 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +117.0% ! | +20.0% | 55.3% | Not available | Partial |
| 2025 | +0.3% | +0.3% | ~100% | Not available | Partial |
| 2024 | -6.2% | -6.2% | ~100% | 1.9800% | Verified |
| 2023 | +41.5% | +41.5% | ~100% | 1.8100% | Verified |
| 2022 | -0.2% | -0.2% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.2000% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +32.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +117.0% | +30.6% | -4.0% | +117.0% | 2026 | -5.9% | 2025 |
| Assessment Ratio | 55.3% | 41.0% | — | 100.0% | 2025 | 17.3% | 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 |
$11,755 | $10,415 | ~$13,981 | $11,755 | 2025 | $8,520 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$617,993 | ~$617,993 | ~2.0139% | ~$12,446 | +7.6% |
| 2027 | ~$664,883 | ~$664,883 | ~1.9814% | ~$13,174 | +15.8% |
| 2028 | ~$715,332 | ~$715,332 | ~1.9488% | ~$13,941 | +24.5% |
| 2029 | ~$769,608 | ~$769,608 | ~1.9163% | ~$14,748 | +34.0% |
| 2030 | ~$828,003 | ~$828,003 | ~1.8837% | ~$15,597 | +44.1% |
| 2026 | ~$606,505 | ~$606,505 | ~2.0465% | ~$12,412 | +5.6% |
| 2027 | ~$640,393 | ~$640,393 | ~2.0465% | ~$13,106 | +11.5% |
| 2028 | ~$676,176 | ~$676,176 | ~2.0465% | ~$13,838 | +17.7% |
| 2029 | ~$713,958 | ~$713,958 | ~2.0465% | ~$14,611 | +24.3% |
| 2030 | ~$753,851 | ~$753,851 | ~2.0465% | ~$15,427 | +31.2% |
| 2026 | ~$629,481 | ~$629,481 | ~1.9977% | ~$12,575 | +9.6% |
| 2027 | ~$689,833 | ~$689,833 | ~1.9488% | ~$13,444 | +20.1% |
| 2028 | ~$755,971 | ~$755,971 | ~1.9000% | ~$14,364 | +31.6% |
| 2029 | ~$828,450 | ~$828,450 | ~1.8512% | ~$15,336 | +44.2% |
| 2030 | ~$907,879 | ~$907,879 | ~1.8024% | ~$16,363 | +58.1% |
In 2025, this property's market value of $574,409 places it in the bottom 25% for Commercial properties in Travis County (13608 comparable) — -59% 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 | $574,409 | $649,268 | $1,417,484 | $3,347,260 | ↓ Bottom 25% | -0.8% |
| 2024 | $610,464 | $661,016 | $1,438,465 | $3,471,171 | ↓ Bottom 25% | +0.0% |
| 2023 | $431,387 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $432,353 | $553,066 | $1,215,730 | $2,939,150 | ↓ Bottom 25% | +3.3% |
| 2021 | $428,719 | $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.