4605 COMMERCIAL PARK DR TX 78724
| Owner | CEVALLOS TARA & MICHAEL |
|---|---|
| Parcel ID | 0227300803 |
| Short ID | 442470 |
| Type | Real |
| Use Code | 61 Warehouse (<20,000 SF) |
| Valuation | Cost |
| Improvement SF | 2,760 SF |
| Land SF | 24,300 SF |
| Acres | 0.558 |
| Year Built | 1989 |
| Legal | LOT 35 NORTHEAST COMMERCIAL BUSINESSPARK SEC 2 |
| Neighborhood | 61FEA |
| Land | $97,200 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $97,200 |
| Improvement | $157,160 |
|---|---|
| Total Improvement | $157,160 |
| Market | $254,360 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $254,360 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $254,360 |
| Taxable Value | $254,360 |
|---|
Appreciation: Market value has risen +12.6% from $225,815 (2021) to $254,360 (2025), a CAGR of 3.0% 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 $5,205. 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 38% of market value ($97,200 land vs $157,160 improvements), about $4/SF of land. Most value sits in the improvements, so building condition, age (~37 yrs), and rent roll drive the underwriting.
Submarket Position: At $254,360, 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 +3.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $295,168 by 2030, with an estimated annual tax burden around $5,560. 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 |
|---|---|---|---|
| 1ST | 1st Floor | 2,760 SF | ✓ |
| 093 | HVAC COMMRCL SF | 2,736 SF | ✗ |
| 881 | COMMCL FINISHOUT | 1,596 SF | ✓ |
| 551 | PAVED AREA | 1,528 SF | ✗ |
| 541 | FENCE COMM LF | 400 SF | ✗ |
| 501 | CANOPY | 24 SF | ✗ |
Market value changed by 111% 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% | $2,353.34 | $2,353.34 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $1,332.89 | $1,332.89 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $956.00 | $956.00 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $300.20 | $300.20 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $263.01 | $263.01 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $5,205.44 | $5,205.44 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $279,227 | $254,360 | +9.8% |
| Assessed Value | $279,227 | $254,360 | +9.8% |
| Land Value | $97,200 | $97,200 | +0.0% |
| Improvement Value | $182,027 | $157,160 | +15.8% |
| Taxable Value | $279,227 | $254,360 | +9.8% |
| Total Tax 2026 = estimate |
~$5,714
Estimated
|
~$5,205
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $536,177 | $279,227 | -256,950 (-47.9%) |
| Taxable Value | $305,232 | $279,227 | -26,005 (-8.5%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $279,227 | $97,200 | $182,027 | — | $279,227 | $279,227 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $254,360 | $97,200 | $157,160 | — | $254,360 | $254,360 | ~$5,205 | Partial |
| 2024 | $299,997 | — | — | −$202,797 | $97,200 | $— | $4,915 | Verified |
| 2023 | $230,918 | — | — | −$133,718 | $97,200 | $— | $5,428 | Verified |
| 2022 | $227,128 | — | — | −$129,928 | $97,200 | $— | $4,560 | Verified |
| 2021 | $225,815 | — | — | −$128,615 | $97,200 | $— | $4,944 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +110.8% ! | +20.0% | 56.9% | Not available | Partial |
| 2025 | -7.1% | -7.1% | ~100% | Not available | Partial |
| 2024 | -8.8% | -8.8% | ~100% | 1.8000% | Verified |
| 2023 | +29.9% | +29.9% | ~100% | 1.8100% | Verified |
| 2022 | +1.7% | +1.7% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1900% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +12.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +9.8% | +5.4% | +1.2% | +29.9% | 2024 | -15.2% | 2025 |
| Assessment Ratio | 100.0% | 60.1% | — | 100.0% | 2025 | 32.4% | 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 |
$5,205 | $5,010 | ~$5,419 | $5,428 | 2023 | $4,560 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$262,043 | ~$262,043 | ~2.0139% | ~$5,277 | +3.0% |
| 2027 | ~$269,958 | ~$269,958 | ~1.9814% | ~$5,349 | +6.1% |
| 2028 | ~$278,113 | ~$278,113 | ~1.9488% | ~$5,420 | +9.3% |
| 2029 | ~$286,513 | ~$286,513 | ~1.9163% | ~$5,490 | +12.6% |
| 2030 | ~$295,168 | ~$295,168 | ~1.8837% | ~$5,560 | +16.0% |
| 2026 | ~$256,956 | ~$256,956 | ~2.0465% | ~$5,259 | +1.0% |
| 2027 | ~$259,578 | ~$259,578 | ~2.0465% | ~$5,312 | +2.1% |
| 2028 | ~$262,228 | ~$262,228 | ~2.0465% | ~$5,366 | +3.1% |
| 2029 | ~$264,904 | ~$264,904 | ~2.0465% | ~$5,421 | +4.1% |
| 2030 | ~$267,607 | ~$267,607 | ~2.0465% | ~$5,477 | +5.2% |
| 2026 | ~$267,130 | ~$267,130 | ~1.9977% | ~$5,336 | +5.0% |
| 2027 | ~$280,542 | ~$280,542 | ~1.9488% | ~$5,467 | +10.3% |
| 2028 | ~$294,627 | ~$294,627 | ~1.9000% | ~$5,598 | +15.8% |
| 2029 | ~$309,419 | ~$309,419 | ~1.8512% | ~$5,728 | +21.6% |
| 2030 | ~$324,953 | ~$324,953 | ~1.8024% | ~$5,857 | +27.8% |
In 2025, this property's market value of $254,360 places it in the bottom 25% for Commercial properties in Travis County (13608 comparable) — -82% 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 | $254,360 | $649,268 | $1,417,484 | $3,347,260 | ↓ Bottom 25% | -0.8% |
| 2024 | $299,997 | $661,016 | $1,438,465 | $3,471,171 | ↓ Bottom 25% | +0.0% |
| 2023 | $230,918 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $227,128 | $553,066 | $1,215,730 | $2,939,150 | ↓ Bottom 25% | +3.3% |
| 2021 | $225,815 | $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.